60.92
Revenue¥M
83.45
91.20
100.7
110.5
120.8
130.0
142.4
153.0
169.3
184.0
67.60
8.77%
9.23%
10
14.57
Revenue growth%
0.40
2.60
1.40
0.46
0.40
3.00
3.78
5.73
7.10
5.31
3.76
5.31
2.80
26
5.74
Gross margin%
3.39
5.90
6.20
7.08
8.77
8.19
6.00
7.13
9.68
7.75
28.58
7.75
7.10
24
9.28
Operating margin%
18.19
17.86
15.74
14.44
14.42
16.19
18.35
18.17
16.78
15.66
14.92
16.78
16.49
35
26.54
Net margin%
24.51
25.16
27.98
25.79
24.35
23.21
24.97
23.95
23.42
23.30
23.28
23.42
24.43
21
9.417
P/E ratio (avg)x
60.67
64.06
75.10
73.43
85.52
85.22
80.42
85.15
80.97
78.33
7.397
80.97
79.38
91
25.78
EV/EBITx
26.46
28.35
30.96
29.34
26.07
25.10
22.26
20.23
20.36
20.95
28.04
20.95
25.59
51
15.09
FCF yield (avg)%
11.15
9.68
8.30
8.17
9.80
9.49
7.93
10.09
12.91
10.16
27.10
10.09
9.74
57
9.22
FCF margin%
28.63
31.26
30.50
28.69
28.50
30.08
28.98
26.13
24.19
24.96
2.87
26.13
28.66
5
1.045
FCF / Net incomex
1.661
1.754
1.807
1.713
1.910
1.875
1.893
1.957
2.103
2.291
0.911
1.957
1.884
33
13.01
ROIC%
21.69
23.98
24.43
24.25
24.81
24.72
25.94
25.09
22.50
24.62
22.24
24.72
24.53
43
11.59
Return on equity%
6.60
9.22
11.95
13.70
11.65
9.96
7.56
5.19
6.86
5.01
6.09
6.86
8.39
24
11.46
Return on assets%
27.48
25.48
25.94
23.77
25.64
23.62
25.67
22.76
21.32
20.90
2.20
22.76
24.63
48
0.11
EPS¥
0.09
0.10
0.10
0.11
0.12
0.13
0.13
0.11
0.10
0.11
0.12
(2.85%)
1.58%
—
7.47
EPS growth%
9.12
12.07
12.63
13.38
11.47
10.62
11.72
13.20
14.27
17.12
16.79
13.20
12.35
40
0.02
Bookvalue per sh¥
0.25
0.25
0.26
0.29
0.35
0.39
0.47
0.52
0.57
0.55
0.06
9.59%
10.09%
—
0.11
FCF per share¥
0.04
0.05
0.05
0.05
0.06
0.07
0.07
0.08
0.08
0.08
0.04
5.29%
6.79%
—
0.07
Dividend per sh¥
0.11
0.10
0.10
0.09
0.09
0.07
0.07
0.06
0.06
0.06
0.11
(6.14%)
(7.03%)
—
16.13
Div yield (avg)%
22.02
21.85
24.02
22.37
23.31
23.14
22.95
23.15
21.03
22.95
21.72
22.95
22.95
39
7.98
Payout ratio%
12.71
12.67
15.63
15.60
15.15
17.12
17.77
18.33
19.39
22.04
24.65
18.33
16.38
16
259.7
Shares (diluted)M
308.9
282.3
287.9
288.3
271.3
276.5
295.0
287.9
317.9
356.7
263.3
5.63%
1.76%
83
20.75
Buyback yield%
0.72
1.25
2.14
1.97
4.72
6.57
3.80
3.60
5.09
2.76
17.25
3.80
3.18
43
0.361
D/E ratiox
1.037
1.112
1.304
1.381
1.340
1.587
1.870
2.153
2.303
2.351
0.536
2.153
1.484
67
107.4
Enterprise value¥M
170.1
186.4
173.5
164.4
181.0
189.4
183.9
169.6
173.2
192.6
107.9
1.25%
1.28%
83
111.2
LT debt¥M
62.87
64.67
69.83
76.84
86.95
92.33
90.50
97.59
116.5
131.0
81.78
8.54%
7.56%
65
Revenue
¥184.0M
9.23%
1.00×
Cost of revenue
¥107.1M
8.81%
0.96×
Operating expenses
¥27.76M
9.50%
1.02×
Cash and investments
15.10%
Spread over hurdle
(0.18%)