169.4
Revenue¥M
183.8
183.5
186.0
187.8
191.2
196.5
199.4
199.6
206.4
214.1
186.8
2.28%
1.93%
16
11.63
Revenue growth%
20.11
18.63
21.09
19.63
17.09
18.46
16.77
14.34
14.25
12.04
11.10
14.34
17.78
30
9.73
Gross margin%
17.47
17.24
14.95
14.56
13.68
14.25
16.78
14.40
13.99
14.28
29.57
14.28
14.48
40
12.30
Operating margin%
23.44
25.32
23.51
25.86
26.43
27.03
24.66
23.12
25.35
27.85
4.33
25.35
25.33
82
9.95
Net margin%
5.86
5.64
3.51
5.35
3.38
5.52
2.54
1.93
0.40
0.70
27.88
1.93
3.45
47
21.47
P/E ratio (avg)x
14.88
14.74
13.77
12.77
14.10
14.39
13.51
14.47
13.92
14.75
30.96
14.39
14.24
69
36.24
EV/EBITx
45.36
49.59
52.06
58.29
65.20
62.52
60.97
65.08
73.04
68.29
27.64
65.08
61.75
21
14.41
FCF yield (avg)%
25.27
25.25
24.93
22.61
20.15
17.51
18.64
18.10
15.30
13.26
3.50
17.51
19.40
36
18.23
FCF margin%
28.06
26.50
25.04
24.62
23.93
24.59
25.72
25.95
23.30
22.17
18.44
24.59
24.83
71
1.552
FCF / Net incomex
2.354
2.385
2.654
3.022
2.953
2.835
3.003
2.911
3.169
3.260
0.857
3.003
2.932
16
22.54
ROIC%
5.14
5.05
7.57
8.12
5.94
5.32
3.73
5.01
6.70
5.40
15.07
5.32
5.36
36
11.12
Return on equity%
17.95
15.87
13.45
16.31
15.81
16.52
17.36
19.85
19.36
20.23
9.83
19.36
16.94
91
25.51
Return on assets%
27.84
30.56
27.83
25.30
26.93
26.00
28.46
29.38
28.11
26.82
24.26
28.11
27.84
38
0.36
EPS¥
0.19
0.18
0.20
0.20
0.21
0.21
0.23
0.22
0.23
0.25
0.38
3.11%
3.96%
—
3.52
EPS growth%
25.18
23.82
26.60
27.88
24.93
27.45
27.90
28.98
29.35
31.81
8.63
28.98
27.66
38
0.45
Bookvalue per sh¥
0.42
0.39
0.40
0.42
0.42
0.43
0.43
0.38
0.36
0.31
0.36
(6.14%)
(4.26%)
—
0.52
FCF per share¥
0.87
0.92
0.99
0.95
0.88
0.84
0.88
0.99
1.08
1.05
0.38
3.62%
1.72%
—
0.49
Dividend per sh¥
0.38
0.34
0.30
0.29
0.27
0.26
0.23
0.21
0.21
0.21
0.35
(4.55%)
(4.86%)
—
23.58
Div yield (avg)%
26.64
25.87
24.80
24.08
21.99
20.25
20.57
22.13
20.11
21.04
9.47
20.57
22.06
5
6.15
Payout ratio%
27.82
25.52
25.37
27.04
26.54
28.91
27.90
25.67
23.61
25.87
9.87
25.87
26.20
14
245.5
Shares (diluted)M
177.5
172.3
185.2
164.6
179.6
180.9
172.1
158.4
145.9
147.0
239.0
(3.92%)
(2.36%)
91
20.36
Buyback yield%
5.30
7.69
6.22
5.56
7.51
8.55
5.97
4.26
5.45
4.39
27.53
5.45
5.76
45
1.793
D/E ratiox
1.610
1.876
2.186
2.389
2.649
2.825
3.263
3.700
4.238
4.790
1.111
3.700
2.737
92
205.8
Enterprise value¥M
78.41
93.06
100.2
111.8
130.6
144.4
144.0
141.6
142.2
150.6
292.6
2.90%
6.80%
75
73.83
LT debt¥M
63.69
72.93
73.60
73.70
68.24
63.93
60.10
57.78
54.26
52.21
294.1
(5.22%)
(1.79%)
48
Revenue
¥214.1M
1.93%
1.00×
Cost of revenue
¥122.1M
1.66%
0.97×
Operating expenses
¥28.14M
2.31%
1.04×
Goodwill & intangibles
18.55%
Cash and investments
16.01%
Spread over hurdle
10.55%