107.5
Revenue¥M
130.1
132.2
136.6
138.1
142.3
146.9
150.2
154.4
155.8
154.8
118.7
1.69%
2.06%
83
12.96
Revenue growth%
22.31
23.41
24.17
22.44
22.33
24.67
22.54
25.35
28.33
30.58
21.65
25.35
23.79
13
27.16
Gross margin%
9.55
10.39
8.10
10.07
9.99
7.82
9.13
9.90
10.98
11.02
8.06
9.90
9.95
90
8.58
Operating margin%
32.42
32.89
31.26
32.49
33.55
35.79
38.42
39.98
40.66
41.96
18.14
39.98
34.67
39
7.29
Net margin%
33.42
35.99
35.32
38.28
37.12
36.94
39.54
40.55
39.48
41.86
20.67
39.54
37.70
54
10.06
P/E ratio (avg)x
15.96
14.67
16.35
16.31
15.14
16.00
15.69
14.27
15.35
13.94
10.50
15.35
15.52
75
28.95
EV/EBITx
12.88
14.76
15.49
14.53
14.61
14.31
15.15
14.06
15.83
17.06
9.669
15.15
14.68
55
23.94
FCF yield (avg)%
16.85
16.33
15.98
16.35
15.15
17.45
14.78
17.31
18.00
17.45
11.96
17.45
16.60
29
21.46
FCF margin%
16.26
13.53
12.30
10.63
13.50
11.95
14.87
13.13
11.30
11.02
17.66
11.95
12.71
73
0.323
FCF / Net incomex
0.151
0.146
0.136
0.116
0.120
0.110
0.108
0.115
0.108
0.098
1.476
0.108
0.116
22
29.40
ROIC%
18.00
17.81
16.76
14.66
14.35
14.17
13.76
12.20
14.23
16.84
22.86
14.17
14.51
72
12.50
Return on equity%
20.24
19.11
20.20
17.48
15.73
16.11
15.36
14.06
11.28
12.25
20.90
14.06
15.92
13
7.14
Return on assets%
11.73
12.75
13.86
16.67
17.65
16.89
14.38
14.38
16.86
14.90
7.08
14.90
14.64
61
0.31
EPS¥
0.83
0.80
0.78
0.83
0.79
0.78
0.87
0.94
0.93
1.10
0.33
6.68%
3.02%
—
29.37
EPS growth%
12.89
13.54
10.93
13.14
12.65
9.98
12.40
12.46
11.73
8.78
10.99
11.73
12.43
15
0.38
Bookvalue per sh¥
0.71
0.71
0.72
0.77
0.86
0.91
0.95
0.91
1.03
1.03
0.55
3.58%
4.97%
—
0.19
FCF per share¥
0.45
0.45
0.49
0.52
0.49
0.45
0.50
0.50
0.50
0.49
0.52
0.07%
1.94%
—
0.41
Dividend per sh¥
1.15
1.35
1.32
1.50
1.76
2.02
2.25
2.69
2.76
3.33
0.37
13.54%
11.30%
—
19.68
Div yield (avg)%
4.54
6.01
5.96
8.01
5.74
6.70
6.95
7.14
8.69
7.87
21.86
7.14
6.82
48
25.15
Payout ratio%
16.31
15.47
14.46
15.60
14.15
14.86
15.41
16.30
18.58
17.34
23.39
16.30
15.53
89
192.5
Shares (diluted)M
263.2
250.6
244.9
236.6
238.1
227.6
260.4
285.0
326.2
349.9
195.0
8.00%
4.36%
49
8.83
Buyback yield%
25.52
26.04
28.13
30.28
29.79
29.55
27.04
24.87
25.77
25.22
29.06
25.77
26.54
52
0.374
D/E ratiox
1.925
2.246
2.386
2.333
2.799
2.729
3.152
3.086
3.375
3.461
1.547
3.152
2.764
66
66.82
Enterprise value¥M
69.06
62.36
67.12
66.92
63.20
59.63
63.16
69.61
72.41
80.58
119.7
4.98%
2.77%
7
106.3
LT debt¥M
125.6
126.2
139.0
130.5
116.1
103.8
99.16
108.8
120.2
124.9
61.18
1.46%
1.08%
73
Revenue
¥154.8M
2.06%
1.00×
Cost of revenue
¥106.6M
2.24%
1.02×
Operating expenses
¥27.51M
1.60%
0.96×
Goodwill & intangibles
15.95%
Cash and investments
15.70%
Spread over hurdle
12.73%