411.7
Revenue¥M
212.7
219.1
235.7
253.4
263.9
277.2
293.9
309.2
331.4
347.6
430.9
5.66%
5.60%
74
7.73
Revenue growth%
27.44
30.07
29.91
27.67
30.50
32.75
29.92
30.46
31.95
34.02
25.66
31.95
30.27
6
17.82
Gross margin%
28.99
31.62
30.60
28.74
27.69
29.62
30.88
29.68
32.14
29.97
13.59
29.97
29.82
41
23.84
Operating margin%
6.16
8.24
10.25
7.32
7.80
10.53
13.14
14.39
13.14
11.14
25.78
13.14
10.39
47
28.84
Net margin%
21.84
21.09
21.62
23.12
21.87
20.73
19.94
17.14
14.69
13.03
18.19
17.14
20.91
55
35.04
P/E ratio (avg)x
25.43
24.50
26.87
24.81
25.99
24.24
23.50
21.54
20.13
18.54
28.58
21.54
24.37
48
17.69
EV/EBITx
15.60
17.57
18.72
18.21
19.36
18.68
17.99
20.30
23.77
22.93
33.88
20.30
18.70
68
14.04
FCF yield (avg)%
15.92
16.37
19.35
17.60
17.86
20.73
22.47
22.52
24.98
24.33
8.53
22.52
20.04
7
29.59
FCF margin%
11.48
10.33
9.43
7.55
7.58
5.64
5.16
5.58
7.50
9.44
8.86
5.64
7.56
81
1.349
FCF / Net incomex
2.314
2.432
2.699
3.193
3.441
3.962
3.978
4.380
5.225
5.311
0.601
4.380
3.702
23
9.73
ROIC%
8.81
10.47
7.48
4.77
4.79
5.27
6.56
7.86
5.24
4.63
4.79
5.27
5.91
26
2.85
Return on equity%
15.37
18.03
16.28
15.19
18.09
16.92
15.30
16.15
14.72
16.00
6.26
16.00
16.07
71
6.58
Return on assets%
8.31
8.09
6.81
9.41
11.23
8.92
8.28
7.68
7.78
4.94
23.64
7.78
8.19
26
0.30
EPS¥
0.35
0.35
0.39
0.37
0.33
0.35
0.38
0.35
0.32
0.29
0.31
(2.36%)
(1.99%)
—
22.80
EPS growth%
20.06
21.96
20.09
21.98
21.70
23.90
23.41
24.36
26.20
27.87
15.13
24.36
22.70
10
0.35
Bookvalue per sh¥
0.14
0.12
0.12
0.11
0.11
0.11
0.12
0.12
0.12
0.12
0.19
2.51%
(0.54%)
—
0.18
FCF per share¥
0.53
0.55
0.62
0.73
0.70
0.76
0.90
1.05
1.18
1.16
0.19
10.66%
8.62%
—
0.42
Dividend per sh¥
0.36
0.43
0.44
0.50
0.51
0.59
0.62
0.68
0.72
0.71
0.27
6.62%
8.51%
—
28.76
Div yield (avg)%
12.93
11.34
9.77
11.98
9.87
9.57
7.85
10.15
8.58
10.37
28.18
9.57
10.01
7
20.82
Payout ratio%
17.48
16.81
14.67
15.26
14.20
14.16
13.12
14.58
15.58
15.40
29.44
14.58
14.96
33
685.2
Shares (diluted)M
640.5
686.0
672.1
647.7
603.2
584.1
570.5
614.5
571.7
579.2
709.9
(0.81%)
(1.18%)
55
10.22
Buyback yield%
7.70
7.22
7.76
6.68
5.50
7.09
9.19
6.90
6.98
9.33
10.72
7.09
7.16
72
1.594
D/E ratiox
0.755
0.700
0.739
0.720
0.721
0.746
0.780
0.837
0.825
0.885
0.914
0.825
0.751
43
440.2
Enterprise value¥M
409.9
473.7
470.0
476.8
545.2
533.0
604.6
581.2
551.3
592.3
310.7
1.67%
3.97%
65
134.4
LT debt¥M
296.7
275.4
313.8
300.0
302.7
309.2
309.7
304.2
343.6
396.1
316.7
5.53%
4.43%
45
Revenue
¥347.6M
5.60%
1.00×
Cost of revenue
¥171.7M
5.27%
0.97×
Operating expenses
¥82.12M
5.65%
1.00×
Cash and investments
14.95%
Spread over hurdle
(2.75%)