2.365
Revenue¥B
1.449
1.581
1.713
1.818
2.005
2.164
2.320
2.533
2.782
2.953
2.436
8.05%
8.05%
57
9.36
Revenue growth%
0.40
2.60
0.40
0.74
0.40
0.40
0.40
2.90
1.82
2.18
16.08
1.82
0.57
85
2.70
Gross margin%
5.53
7.66
9.13
8.46
7.76
9.23
10.49
13.26
15.16
17.71
9.50
13.26
9.18
61
23.01
Operating margin%
10.43
8.23
6.00
4.79
3.73
4.32
5.23
2.78
4.95
2.65
5.27
4.32
4.87
76
24.61
Net margin%
5.83
4.41
4.99
2.53
4.89
2.52
4.59
4.29
5.32
7.66
4.08
4.59
4.74
9
20.07
P/E ratio (avg)x
11.36
11.36
11.16
10.05
8.854
7.821
6.924
6.612
5.787
6.117
8.090
6.612
8.337
67
19.42
EV/EBITx
14.74
16.24
19.36
20.17
21.31
24.36
25.69
26.17
25.55
28.30
6.851
25.69
22.84
23
20.04
FCF yield (avg)%
16.10
17.52
15.80
17.61
19.24
21.69
24.36
25.33
25.56
27.99
13.36
25.33
20.46
86
17.53
FCF margin%
17.12
16.89
14.62
16.27
18.59
20.43
17.45
19.63
20.74
21.86
26.83
20.43
18.02
74
0.506
FCF / Net incomex
0.827
0.750
0.828
0.916
0.875
0.943
0.970
1.005
0.965
0.933
1.694
0.965
0.925
46
16.26
ROIC%
9.52
7.85
7.16
9.19
10.00
8.03
5.44
2.85
2.57
0.49
18.53
2.85
7.50
50
29.81
Return on equity%
21.10
23.97
21.40
19.66
18.51
17.53
16.77
18.97
20.72
18.42
18.25
18.42
19.32
42
27.06
Return on assets%
25.60
24.71
26.72
24.78
27.43
28.74
29.98
29.57
28.80
30.01
4.33
29.57
28.08
91
4.20
EPS¥
1.69
1.56
1.71
1.65
1.80
1.64
1.76
1.71
1.81
1.84
4.40
0.40%
0.19%
—
3.26
EPS growth%
23.88
23.71
22.37
22.97
21.51
20.45
21.15
20.51
23.37
20.97
13.91
20.97
21.94
54
2.44
Bookvalue per sh¥
2.60
2.85
2.87
3.27
3.11
3.53
3.47
3.75
4.08
3.99
2.28
5.11%
3.67%
—
0.69
FCF per share¥
0.65
0.59
0.51
0.54
0.47
0.42
0.43
0.41
0.39
0.34
4.41
(5.92%)
(5.84%)
—
3.33
Dividend per sh¥
2.72
2.62
2.48
2.20
2.11
1.92
1.74
1.82
1.75
1.76
4.01
(3.60%)
(5.22%)
—
2.70
Div yield (avg)%
4.42
6.99
9.20
9.04
7.43
7.70
7.31
5.95
8.58
5.93
4.31
7.31
7.37
53
2.15
Payout ratio%
27.36
29.80
30.56
27.98
27.18
24.27
23.60
23.17
21.29
23.51
22.64
23.51
25.73
13
368.1
Shares (diluted)M
391.0
419.6
445.5
448.1
494.5
465.3
478.4
525.4
479.5
481.9
373.6
(0.51%)
1.66%
42
11.08
Buyback yield%
18.01
19.26
19.88
19.36
19.38
18.36
16.92
19.25
18.36
16.10
26.53
18.36
18.81
60
0.420
D/E ratiox
3.047
3.610
4.086
4.182
4.621
5.235
5.692
6.904
7.409
7.342
0.689
6.904
4.928
76
1.846
Enterprise value¥B
2.262
2.297
2.175
2.422
2.187
2.369
2.208
2.028
1.890
1.798
2.813
(3.84%)
(2.37%)
20
2.599
LT debt¥B
6.995
7.735
7.728
8.802
8.992
9.030
10.07
10.42
11.50
13.79
1.006
8.94%
8.70%
86
Revenue
¥2.953B
8.05%
1.00×
Cost of revenue
¥1.680B
8.25%
1.02×
Operating expenses
¥376.3M
8.03%
1.00×
Goodwill & intangibles
18.45%
Property and equipment
16.95%
Spread over hurdle
13.06%