18.00
Revenue¥M
103.2
106.7
106.4
106.5
107.1
110.2
109.3
111.6
111.2
113.9
19.29
1.23%
1.06%
68
3.56
Revenue growth%
14.11
14.43
13.90
15.86
14.50
14.58
17.35
14.58
15.29
16.16
6.18
15.29
14.58
57
18.36
Gross margin%
13.87
14.87
16.32
18.08
15.22
16.69
18.52
18.82
16.98
16.98
23.31
16.98
16.83
41
9.27
Operating margin%
14.73
15.02
17.51
20.43
21.89
23.06
24.46
23.26
24.80
23.70
7.18
23.70
22.48
21
21.43
Net margin%
16.08
16.77
14.70
17.18
20.16
17.68
19.51
17.47
18.42
16.87
4.51
17.68
17.32
34
22.80
P/E ratio (avg)x
9.977
9.447
8.932
10.17
11.89
13.46
14.28
13.45
12.78
12.86
29.61
13.45
12.33
81
25.89
EV/EBITx
27.16
29.80
30.27
30.69
33.70
38.06
43.57
46.64
49.70
49.13
24.99
46.64
35.88
27
16.05
FCF yield (avg)%
15.53
17.62
18.44
18.16
18.79
16.37
14.72
13.51
14.00
15.28
4.49
14.72
15.95
85
20.28
FCF margin%
14.20
16.82
16.90
16.26
18.39
16.30
16.58
14.56
17.42
20.26
29.87
16.58
16.70
18
0.657
FCF / Net incomex
0.486
0.491
0.469
0.493
0.491
0.457
0.472
0.537
0.510
0.550
1.180
0.510
0.491
26
21.40
ROIC%
22.55
24.99
27.33
27.99
28.96
30.86
29.10
26.52
27.65
27.96
15.70
27.96
27.81
73
27.72
Return on equity%
14.73
17.26
15.52
12.92
11.87
14.80
14.91
13.14
15.85
15.79
19.49
14.91
14.85
79
25.65
Return on assets%
0.40
1.83
0.75
3.63
1.37
0.81
0.40
2.29
0.40
3.25
17.84
0.81
1.09
59
0.35
EPS¥
1.14
1.28
1.50
1.71
2.00
1.96
2.18
2.08
2.03
2.13
0.39
1.27%
8.29%
—
6.14
EPS growth%
26.13
27.13
25.52
26.44
24.88
23.50
25.67
24.75
23.29
22.53
12.36
23.50
25.20
35
0.72
Bookvalue per sh¥
0.56
0.55
0.62
0.57
0.64
0.60
0.68
0.74
0.84
0.81
0.15
4.69%
4.00%
—
0.69
FCF per share¥
0.48
0.55
0.58
0.63
0.64
0.65
0.68
0.78
0.89
0.98
0.41
8.91%
7.28%
—
0.58
Dividend per sh¥
0.19
0.20
0.18
0.17
0.15
0.16
0.16
0.17
0.18
0.19
0.12
4.47%
(0.89%)
—
10.22
Div yield (avg)%
20.86
21.60
20.36
18.92
19.19
16.71
14.42
17.36
16.35
17.92
25.21
16.71
18.42
7
19.57
Payout ratio%
18.71
20.46
17.73
16.07
13.35
15.15
14.43
16.55
17.28
15.17
8.21
15.17
16.31
8
73.92
Shares (diluted)M
64.78
60.69
57.88
53.57
50.14
50.67
56.50
51.34
53.75
47.84
73.85
(0.94%)
(3.91%)
36
28.71
Buyback yield%
27.72
26.28
26.06
26.49
23.95
25.96
23.30
23.46
25.94
27.00
4.96
25.94
26.01
71
0.204
D/E ratiox
1.333
1.379
1.466
1.444
1.551
1.610
1.416
1.456
1.456
1.322
0.651
1.456
1.450
86
51.61
Enterprise value¥M
71.21
67.74
65.58
64.36
67.26
57.91
55.84
60.60
63.85
68.81
11.77
0.46%
0.21%
95
74.49
LT debt¥M
17.96
16.01
15.96
16.49
16.05
15.20
14.29
13.03
12.27
12.09
66.06
(5.50%)
(4.81%)
86
Revenue
¥113.9M
1.06%
1.00×
Cost of revenue
¥79.72M
1.06%
1.00×
Operating expenses
¥14.88M
1.45%
1.04×
Cash and investments
17.65%
Return on capital
106.37%
Spread over hurdle
97.97%