1.980
Revenue¥B
1.623
1.682
1.791
1.904
1.994
2.139
2.246
2.423
2.542
2.717
2.072
6.38%
5.89%
37
27.48
Revenue growth%
13.61
11.06
11.51
13.78
11.96
13.94
11.41
11.77
12.00
14.70
22.64
12.00
11.98
18
25.49
Gross margin%
28.31
29.07
31.89
30.04
27.43
29.91
29.78
29.28
27.97
27.65
22.48
29.28
29.17
18
6.48
Operating margin%
16.18
18.05
18.98
19.85
22.43
22.56
19.78
18.17
19.34
19.07
3.82
19.34
19.21
79
25.49
Net margin%
26.45
28.87
30.27
31.02
28.80
27.26
27.71
25.27
27.19
27.87
2.60
27.26
27.79
18
7.516
P/E ratio (avg)x
38.07
41.64
49.17
54.78
60.76
68.19
68.22
73.01
82.84
91.14
25.09
73.01
64.48
65
31.57
EV/EBITx
17.47
16.87
18.46
19.11
18.61
17.54
16.79
16.88
18.70
17.04
35.39
17.04
17.51
56
26.46
FCF yield (avg)%
18.05
16.08
18.48
19.83
19.46
18.50
19.49
18.71
16.77
16.84
19.78
18.50
18.49
47
29.13
FCF margin%
7.61
4.81
2.08
1.57
2.27
0.47
1.37
0.40
0.40
2.13
25.48
0.47
1.83
80
1.349
FCF / Net incomex
0.589
0.628
0.561
0.541
0.590
0.564
0.512
0.459
0.441
0.489
0.163
0.489
0.551
76
11.17
ROIC%
10.61
12.24
10.15
7.32
7.85
9.52
6.87
6.45
8.29
9.52
6.72
8.29
8.91
35
10.49
Return on equity%
23.46
26.12
28.01
27.97
26.15
23.48
25.78
24.22
23.83
26.64
23.67
24.22
25.95
73
27.04
Return on assets%
0.73
3.03
4.76
3.97
1.68
1.63
1.69
0.40
0.40
2.95
12.31
1.63
1.69
19
1.69
EPS¥
0.56
0.60
0.66
0.66
0.73
0.74
0.77
0.72
0.80
0.82
1.78
2.49%
3.57%
—
13.04
EPS growth%
15.80
13.49
11.55
14.09
15.06
17.22
19.07
21.93
19.23
17.51
25.63
19.07
16.51
85
0.24
Bookvalue per sh¥
1.96
2.13
2.01
1.80
1.75
1.90
2.07
2.27
2.45
2.50
1.50
7.35%
1.93%
—
1.40
FCF per share¥
1.29
1.27
1.28
1.48
1.63
1.85
2.06
2.25
2.43
2.40
0.94
8.05%
6.55%
—
0.51
Dividend per sh¥
1.21
1.24
1.35
1.42
1.56
1.72
1.82
2.02
2.01
2.07
0.53
5.71%
6.71%
—
18.61
Div yield (avg)%
0.85
0.40
0.82
0.40
0.40
0.40
0.40
0.40
0.40
0.40
28.58
0.40
0.40
66
28.59
Payout ratio%
19.75
19.45
18.52
17.34
19.00
21.87
22.17
21.61
20.87
19.75
8.91
21.61
19.75
20
420.9
Shares (diluted)M
331.7
372.8
352.7
337.4
338.4
344.2
368.6
411.2
402.4
456.3
417.9
6.16%
2.43%
68
29.08
Buyback yield%
11.90
12.04
9.90
8.98
9.01
7.90
10.62
8.93
10.37
8.10
5.94
8.93
9.45
28
0.685
D/E ratiox
1.658
1.653
1.778
1.884
2.137
2.161
2.148
2.088
2.180
2.331
1.357
2.161
2.112
92
1.162
Enterprise value¥B
0.202
0.221
0.205
0.191
0.209
0.212
0.214
0.240
0.243
0.275
2.255
5.69%
4.21%
47
1.353
LT debt¥B
0.699
0.729
0.772
0.840
0.884
0.842
0.778
0.737
0.763
0.697
1.865
(4.62%)
(0.19%)
80
Revenue
¥2.717B
5.89%
1.00×
Cost of revenue
¥1.826B
6.04%
1.01×
Operating expenses
¥346.3M
5.61%
0.97×
Cash and investments
14.92%
Spread over hurdle
(1.78%)