59.21
Revenue¥M
101.6
104.9
107.1
111.3
118.5
123.1
125.0
129.7
137.8
142.5
63.69
3.77%
3.74%
18
14.01
Revenue growth%
20.87
23.79
26.17
28.41
30.12
32.33
29.43
26.63
28.19
29.36
3.52
29.36
28.30
70
27.85
Gross margin%
25.22
25.29
27.98
29.49
28.20
29.95
31.55
28.71
28.50
27.01
6.68
28.71
28.35
54
9.95
Operating margin%
26.86
23.88
25.85
28.24
29.51
28.46
30.92
31.23
32.04
34.76
20.23
31.23
28.98
30
29.42
Net margin%
23.14
21.75
24.36
26.14
29.04
31.25
34.13
32.89
31.41
30.52
19.92
31.41
29.78
41
37.08
P/E ratio (avg)x
39.21
45.18
43.81
45.21
46.51
48.38
55.22
55.22
53.85
53.32
27.94
53.85
47.44
17
13.07
EV/EBITx
18.77
16.78
14.62
15.23
16.21
16.01
15.27
13.56
14.04
12.95
16.20
14.04
15.25
74
11.88
FCF yield (avg)%
10.54
11.23
9.87
9.83
8.56
7.35
7.61
8.03
10.77
12.53
19.07
8.03
9.85
5
26.41
FCF margin%
20.41
17.65
20.37
17.95
14.97
13.77
12.37
10.91
11.66
13.91
20.02
12.37
14.44
64
0.226
FCF / Net incomex
0.482
0.473
0.479
0.499
0.534
0.591
0.621
0.688
0.768
0.829
1.522
0.688
0.562
32
10.51
ROIC%
30.23
30.81
29.70
29.68
31.14
32.42
31.76
33.09
30.55
33.52
14.49
32.42
30.97
53
26.30
Return on equity%
16.86
19.80
22.54
24.76
23.04
22.06
22.55
22.09
19.56
21.30
18.44
22.06
22.07
57
23.74
Return on assets%
26.64
29.48
31.41
31.35
29.68
28.90
31.56
34.46
35.44
35.71
7.35
34.46
31.38
11
0.37
EPS¥
0.48
0.56
0.56
0.66
0.69
0.79
0.94
1.06
1.24
1.47
0.39
16.36%
13.39%
—
16.84
EPS growth%
20.61
17.75
16.91
19.02
19.06
18.07
16.31
17.66
15.97
16.99
3.70
16.99
17.71
68
0.41
Bookvalue per sh¥
0.39
0.38
0.38
0.44
0.50
0.50
0.57
0.63
0.64
0.67
0.24
6.09%
5.80%
—
0.29
FCF per share¥
0.60
0.70
0.71
0.73
0.82
0.82
0.98
1.06
1.08
1.16
0.06
7.27%
8.42%
—
0.42
Dividend per sh¥
0.39
0.41
0.42
0.39
0.37
0.34
0.32
0.29
0.28
0.31
0.07
(3.67%)
(1.39%)
—
29.49
Div yield (avg)%
5.81
8.16
8.51
10.81
8.13
7.20
9.91
6.99
7.61
7.16
29.85
7.20
7.87
63
3.92
Payout ratio%
19.32
18.86
16.33
17.35
20.19
22.53
20.65
22.96
22.49
23.88
25.25
22.53
20.42
66
111.3
Shares (diluted)M
135.5
134.5
142.2
158.2
174.3
171.5
184.8
176.0
190.3
210.6
114.1
3.85%
5.97%
60
4.29
Buyback yield%
21.60
21.62
20.98
22.00
19.19
18.38
16.71
18.74
16.29
14.33
16.58
16.71
18.97
84
1.701
D/E ratiox
1.585
1.863
2.042
2.183
2.207
2.549
2.628
2.587
2.953
3.481
1.614
2.628
2.378
22
55.36
Enterprise value¥M
47.59
47.27
44.90
38.80
38.05
40.37
34.27
34.71
35.41
30.03
36.44
(4.62%)
(4.05%)
89
42.23
LT debt¥M
26.63
26.71
25.69
27.94
25.81
23.23
24.96
27.75
25.98
23.53
79.05
(1.84%)
(1.70%)
63
Revenue
¥142.5M
3.74%
1.00×
Cost of revenue
¥91.20M
3.57%
0.98×
Operating expenses
¥22.03M
4.19%
1.04×
Cash and investments
13.57%
Spread over hurdle
15.16%