16.50
Revenue¥M
172.9
177.8
179.2
185.6
191.3
199.2
209.4
212.3
216.5
221.6
17.80
2.98%
2.84%
36
3.43
Revenue growth%
25.82
27.53
29.86
27.24
28.68
28.93
28.17
27.89
29.35
26.59
4.64
28.17
28.03
32
7.08
Gross margin%
17.85
16.88
16.14
18.36
15.75
13.74
13.68
11.63
11.64
11.61
22.93
11.64
14.75
56
6.51
Operating margin%
1.39
0.40
2.98
2.67
5.00
2.91
4.72
5.68
4.16
4.34
28.33
4.34
3.57
5
22.97
Net margin%
1.53
2.80
5.75
8.39
8.75
10.15
8.62
7.53
9.73
7.26
24.31
8.62
7.96
94
8.276
P/E ratio (avg)x
13.33
13.90
12.33
12.73
13.71
14.72
14.38
14.94
15.32
14.49
20.10
14.72
14.14
51
24.53
EV/EBITx
28.95
32.45
32.25
30.56
34.72
36.19
39.56
40.08
39.75
44.54
26.62
39.75
35.45
17
27.41
FCF yield (avg)%
18.14
15.74
14.66
16.87
14.60
15.12
17.81
20.69
22.41
25.01
20.88
20.69
17.34
42
5.87
FCF margin%
18.03
17.78
18.73
18.36
17.95
17.23
20.00
17.08
17.73
17.44
25.82
17.44
17.87
49
1.410
FCF / Net incomex
1.655
1.623
1.850
2.037
1.982
2.242
2.122
1.974
1.927
2.218
0.966
2.122
1.978
41
20.92
ROIC%
7.27
6.06
4.29
6.20
7.43
7.34
5.27
6.10
6.00
6.13
5.54
6.10
6.11
31
29.09
Return on equity%
8.10
7.59
5.32
7.79
8.55
7.14
6.08
7.55
6.00
8.26
21.63
7.14
7.57
75
5.68
Return on assets%
17.34
18.62
19.62
18.58
19.96
19.60
22.52
24.75
26.03
25.66
11.36
24.75
19.79
94
0.33
EPS¥
0.30
0.33
0.35
0.35
0.39
0.36
0.41
0.46
0.48
0.51
0.36
5.36%
5.07%
—
20.21
EPS growth%
14.88
14.29
12.28
10.73
10.08
10.44
11.15
13.54
12.86
12.48
12.92
12.48
12.38
93
0.34
Bookvalue per sh¥
0.44
0.47
0.46
0.49
0.52
0.54
0.63
0.73
0.76
0.81
0.33
9.21%
7.50%
—
0.12
FCF per share¥
0.60
0.64
0.73
0.69
0.77
0.79
0.79
0.91
1.06
1.12
0.12
7.76%
6.65%
—
0.23
Dividend per sh¥
0.27
0.28
0.27
0.29
0.34
0.35
0.34
0.33
0.34
0.33
0.17
(0.38%)
2.21%
—
20.45
Div yield (avg)%
14.91
16.08
17.94
16.55
13.57
14.47
14.75
15.19
17.82
15.89
13.40
15.19
15.54
55
29.49
Payout ratio%
13.59
11.62
12.94
14.76
13.37
14.90
13.67
15.61
18.53
16.33
4.55
15.61
14.22
36
125.6
Shares (diluted)M
213.3
245.4
253.6
285.5
266.3
298.9
335.6
344.5
362.4
379.8
130.4
7.36%
7.11%
53
12.32
Buyback yield%
10.99
8.88
11.68
13.08
11.61
12.92
13.68
14.18
12.78
11.20
22.31
12.92
12.23
65
0.317
D/E ratiox
1.539
1.555
1.588
1.810
2.105
2.158
2.202
2.274
2.154
2.476
0.943
2.202
2.130
39
46.53
Enterprise value¥M
22.13
26.45
31.38
32.36
34.52
36.71
37.61
45.04
54.77
62.94
133.7
12.77%
12.58%
19
86.22
LT debt¥M
61.24
59.84
59.68
59.01
58.44
53.38
54.04
55.34
50.48
47.57
116.2
(4.03%)
(3.82%)
17
Revenue
¥221.6M
2.84%
1.00×
Cost of revenue
¥155.1M
2.84%
1.00×
Operating expenses
¥44.31M
3.77%
1.09×
Cash and investments
15.47%
Spread over hurdle
(6.44%)