201.3
Revenue¥M
366.4
384.4
414.6
435.2
470.2
504.1
537.4
570.3
600.3
650.8
210.8
6.72%
6.47%
91
24.47
Revenue growth%
8.25
5.45
5.24
3.94
1.25
4.14
4.60
6.80
4.55
6.08
21.89
4.60
4.92
32
26.96
Gross margin%
15.65
15.84
15.84
17.08
19.80
17.24
19.48
19.54
21.03
18.19
2.40
19.48
17.72
31
4.50
Operating margin%
1.66
1.51
2.00
4.30
2.01
3.50
3.05
3.09
0.40
2.24
29.35
3.05
2.13
53
8.27
Net margin%
28.21
30.48
29.51
32.30
34.16
35.59
33.74
34.82
34.73
34.08
5.70
34.73
33.91
45
16.28
P/E ratio (avg)x
50.41
59.34
63.09
68.01
78.51
93.08
103.6
102.9
102.4
116.7
27.58
102.9
85.80
15
29.39
EV/EBITx
19.99
20.00
21.44
22.91
21.21
19.48
19.48
21.80
20.71
20.64
25.93
20.64
20.68
93
3.86
FCF yield (avg)%
27.90
29.12
30.61
31.91
33.12
34.01
32.67
30.11
31.98
34.27
2.39
32.67
31.94
87
13.53
FCF margin%
0.40
1.20
0.40
0.40
0.40
0.85
2.01
1.71
1.34
1.55
10.49
1.55
1.03
30
0.300
FCF / Net incomex
0.484
0.459
0.495
0.531
0.577
0.558
0.507
0.505
0.536
0.528
0.545
0.528
0.518
66
18.83
ROIC%
29.43
27.13
29.80
29.64
29.71
30.71
33.14
30.28
32.86
33.09
21.23
32.86
30.04
49
21.25
Return on equity%
20.87
19.91
21.05
18.11
15.74
15.50
12.66
11.73
9.89
12.79
26.91
12.66
15.62
70
20.83
Return on assets%
10.60
11.27
13.66
13.93
11.65
11.91
11.05
8.79
10.71
12.99
23.61
11.05
11.46
45
0.05
EPS¥
0.12
0.14
0.13
0.15
0.15
0.15
0.16
0.17
0.20
0.21
0.06
6.37%
6.13%
—
22.64
EPS growth%
1.88
1.06
2.58
2.24
5.20
2.53
1.94
0.40
0.40
1.03
26.69
1.03
1.91
41
0.07
Bookvalue per sh¥
0.04
0.03
0.03
0.03
0.04
0.04
0.04
0.04
0.04
0.05
0.04
5.21%
3.51%
—
0.05
FCF per share¥
0.05
0.05
0.06
0.05
0.06
0.06
0.06
0.06
0.05
0.05
0.01
(2.58%)
1.67%
—
0.06
Dividend per sh¥
0.08
0.09
0.11
0.10
0.11
0.12
0.12
0.12
0.13
0.13
0.08
4.07%
6.62%
—
17.95
Div yield (avg)%
20.85
21.96
20.38
20.01
19.18
20.87
18.03
18.50
19.83
18.26
10.40
18.50
19.92
27
3.02
Payout ratio%
24.35
24.34
25.53
26.04
26.76
24.02
26.22
25.91
23.34
23.42
18.87
24.02
24.94
14
2.308
Shares (diluted)B
2.887
3.014
2.978
3.165
3.276
3.619
3.824
4.240
3.966
4.403
2.312
6.09%
4.44%
12
19.55
Buyback yield%
23.62
26.07
26.79
28.09
26.46
29.06
27.70
25.18
23.69
25.29
24.42
25.29
26.27
17
0.832
D/E ratiox
0.213
0.214
0.207
0.205
0.217
0.215
0.245
0.256
0.267
0.279
0.317
0.256
0.216
27
266.0
Enterprise value¥M
439.3
493.0
466.9
533.2
521.9
503.6
530.3
491.1
526.5
577.4
249.1
2.04%
3.25%
36
445.2
LT debt¥M
567.8
492.4
481.4
499.5
437.9
401.0
366.8
339.3
336.7
320.4
174.2
(6.06%)
(5.35%)
15
Revenue
¥650.8M
6.47%
1.00×
Cost of revenue
¥337.6M
6.15%
0.97×
Operating expenses
¥88.70M
7.56%
1.11×
Property and equipment
15.88%
Spread over hurdle
26.58%