270.6
Revenue¥M
228.8
248.1
265.3
287.8
314.9
341.0
369.6
404.2
441.1
470.6
287.1
8.36%
8.32%
40
5.71
Revenue growth%
18.73
18.46
20.68
20.40
23.36
23.36
24.89
22.46
21.15
19.49
9.24
22.46
20.92
53
18.10
Gross margin%
6.11
8.35
11.30
12.49
10.42
10.23
11.95
10.46
9.82
10.76
6.86
10.46
10.44
14
3.81
Operating margin%
5.33
6.98
9.59
7.37
9.32
6.61
5.00
6.19
4.06
3.89
23.39
5.00
6.40
61
28.52
Net margin%
9.84
9.70
10.67
12.10
14.29
14.13
12.78
13.15
13.45
12.92
22.39
13.15
12.85
73
30.03
P/E ratio (avg)x
32.00
31.18
32.15
32.88
36.89
41.66
38.61
44.03
41.51
47.40
22.08
41.66
37.75
69
34.01
EV/EBITx
18.41
18.70
18.40
19.16
19.37
17.17
16.52
15.63
15.60
13.52
23.88
15.63
17.78
65
27.55
FCF yield (avg)%
19.25
20.65
20.85
22.81
20.60
23.53
21.49
24.11
22.31
22.07
15.22
22.31
21.78
45
29.56
FCF margin%
10.83
13.57
14.84
13.66
16.22
16.87
15.23
14.12
14.21
13.84
28.17
14.21
14.16
71
1.498
FCF / Net incomex
0.999
0.928
0.859
0.820
0.906
0.971
0.860
0.769
0.718
0.654
1.774
0.769
0.859
94
2.31
ROIC%
26.98
24.09
26.17
24.18
24.45
24.30
26.95
28.64
26.66
26.95
3.58
26.95
26.41
53
23.04
Return on equity%
26.81
28.88
27.03
27.82
28.15
26.46
25.36
22.67
20.31
20.74
22.30
22.67
26.64
40
4.40
Return on assets%
0.40
1.66
0.40
0.40
0.40
0.88
0.85
1.52
1.79
2.48
24.15
1.52
0.87
58
0.22
EPS¥
0.19
0.22
0.22
0.22
0.24
0.27
0.32
0.37
0.37
0.40
0.24
10.83%
9.51%
—
7.63
EPS growth%
24.04
23.75
22.65
19.73
18.83
20.08
22.34
21.05
23.72
23.31
17.86
22.34
22.49
75
0.20
Bookvalue per sh¥
0.19
0.21
0.23
0.26
0.30
0.29
0.26
0.27
0.25
0.25
0.24
(3.73%)
4.18%
—
0.05
FCF per share¥
0.11
0.11
0.13
0.13
0.15
0.16
0.17
0.17
0.16
0.18
0.18
3.93%
6.35%
—
0.11
Dividend per sh¥
0.10
0.09
0.09
0.10
0.10
0.11
0.10
0.10
0.09
0.08
0.07
(2.84%)
(0.52%)
—
12.09
Div yield (avg)%
10.85
10.54
10.12
12.70
12.64
12.70
9.74
12.54
14.12
11.46
25.06
12.54
12.00
13
19.85
Payout ratio%
22.08
25.02
24.08
23.39
21.66
18.81
16.27
13.50
15.69
18.16
11.50
16.27
20.24
45
0.712
Shares (diluted)B
1.284
1.500
1.744
1.795
1.994
2.052
2.300
2.754
3.027
3.674
0.707
13.00%
13.06%
71
18.91
Buyback yield%
27.12
26.76
27.38
24.84
26.60
28.98
30.59
32.69
29.96
30.34
28.55
30.34
28.18
77
0.359
D/E ratiox
1.460
1.635
1.918
1.878
2.091
2.313
2.201
2.407
2.675
2.746
0.976
2.407
2.146
70
473.6
Enterprise value¥M
358.7
405.6
422.2
429.7
409.7
388.0
438.3
439.5
428.3
403.0
44.83
(0.33%)
0.15%
32
187.4
LT debt¥M
43.90
46.99
41.02
35.47
34.22
31.95
34.65
31.77
29.02
27.15
476.9
(4.52%)
(4.59%)
56
Revenue
¥470.6M
8.32%
1.00×
Cost of revenue
¥329.4M
8.32%
1.00×
Operating expenses
¥102.7M
8.44%
1.01×
Goodwill & intangibles
16.94%
Spread over hurdle
(1.83%)