226.6
Revenue¥M
191.2
199.0
211.5
219.1
227.3
236.4
242.0
254.3
265.3
273.2
249.0
3.75%
4.05%
28
7.81
Revenue growth%
22.85
25.06
27.87
28.15
25.73
27.43
25.25
24.49
27.13
24.29
21.64
25.25
25.49
74
15.28
Gross margin%
25.14
27.23
24.57
25.62
28.33
29.71
27.64
30.11
29.46
30.74
21.69
29.71
27.98
91
21.13
Operating margin%
7.63
9.11
9.32
9.65
12.37
13.17
12.10
12.72
13.64
14.73
25.94
13.17
12.23
27
12.97
Net margin%
7.37
8.60
7.35
8.82
7.67
8.73
6.80
5.73
8.36
10.40
18.91
8.36
8.01
62
21.77
P/E ratio (avg)x
22.10
20.28
21.86
23.01
21.47
20.80
23.03
22.86
24.15
26.04
25.87
23.03
22.48
54
11.57
EV/EBITx
13.52
15.29
16.97
17.53
20.28
21.79
21.74
26.14
25.32
29.23
14.10
25.32
21.01
38
11.38
FCF yield (avg)%
10.55
10.66
13.15
12.46
10.14
8.73
11.39
10.38
8.25
8.49
22.75
8.73
10.46
16
13.95
FCF margin%
20.91
23.40
22.86
22.56
19.79
17.10
20.06
19.97
18.50
20.79
24.49
19.97
20.43
51
1.366
FCF / Net incomex
1.491
1.335
1.346
1.232
1.223
1.103
1.186
1.207
1.158
1.036
0.587
1.158
1.215
83
10.93
ROIC%
24.39
27.10
25.02
24.17
26.48
26.32
25.58
24.81
22.64
21.33
12.12
24.81
24.92
94
22.40
Return on equity%
0.40
0.40
2.66
4.55
7.28
6.09
8.39
8.74
10.18
11.90
25.07
8.74
6.68
33
28.36
Return on assets%
20.48
22.71
23.99
24.91
22.46
20.92
22.52
23.80
20.87
22.09
18.35
22.09
22.49
81
0.02
EPS¥
0.09
0.09
0.10
0.09
0.09
0.10
0.10
0.10
0.09
0.10
0.02
2.14%
0.84%
—
22.47
EPS growth%
12.77
14.81
15.66
14.00
13.66
12.21
9.60
11.77
12.83
12.90
28.86
12.21
12.87
66
0.08
Bookvalue per sh¥
0.08
0.08
0.09
0.09
0.08
0.08
0.07
0.08
0.08
0.09
0.12
0.41%
(0.02%)
—
0.12
FCF per share¥
0.10
0.10
0.12
0.12
0.12
0.12
0.13
0.14
0.14
0.14
0.10
2.93%
4.55%
—
0.04
Dividend per sh¥
0.04
0.03
0.03
0.03
0.03
0.03
0.02
0.02
0.02
0.02
0.12
(2.45%)
(4.42%)
—
29.38
Div yield (avg)%
8.08
5.40
3.90
2.43
2.78
4.53
5.05
4.62
5.22
6.77
24.14
5.05
4.83
57
12.55
Payout ratio%
14.83
15.23
17.99
17.15
19.59
17.77
15.51
14.52
16.69
14.74
29.15
15.51
16.10
41
461.1
Shares (diluted)M
574.7
522.8
568.5
554.7
596.8
589.9
634.7
617.3
594.6
619.2
464.4
0.74%
2.02%
90
17.57
Buyback yield%
11.79
14.04
15.56
17.44
16.47
18.20
18.09
18.01
17.16
15.63
18.76
18.01
16.82
29
1.388
D/E ratiox
0.688
0.635
0.658
0.702
0.726
0.790
0.771
0.838
0.839
0.739
1.461
0.790
0.733
7
66.12
Enterprise value¥M
156.2
159.9
188.7
193.2
215.8
240.1
226.8
223.0
234.6
259.4
133.6
3.75%
5.23%
54
200.8
LT debt¥M
124.0
108.0
107.8
96.09
93.45
98.60
96.11
97.40
84.22
89.97
216.9
(0.76%)
(3.35%)
77
Revenue
¥273.2M
4.05%
1.00×
Cost of revenue
¥173.0M
3.86%
0.98×
Operating expenses
¥33.12M
4.69%
1.06×
Goodwill & intangibles
17.78%
Property and equipment
17.55%
Spread over hurdle
32.92%