379.2
Revenue¥M
198.7
218.3
236.5
249.8
274.5
292.7
312.8
341.0
362.1
381.7
407.7
6.81%
7.52%
13
26.21
Revenue growth%
0.89
1.80
4.11
4.55
6.40
8.25
10.74
10.70
13.30
12.84
2.59
10.74
7.32
36
10.26
Gross margin%
31.60
31.88
34.21
31.71
30.81
32.36
34.47
33.90
36.20
33.57
21.64
33.90
32.96
94
18.38
Operating margin%
19.18
19.73
17.70
15.01
12.04
13.57
16.16
16.99
19.00
16.54
24.76
16.54
16.77
82
26.99
Net margin%
1.85
4.18
5.11
3.64
1.23
2.50
4.93
5.85
4.88
6.91
8.03
4.93
4.53
93
18.59
P/E ratio (avg)x
26.91
27.41
29.83
30.52
35.15
33.86
37.43
36.11
34.19
34.89
9.733
34.89
34.02
82
23.58
EV/EBITx
50.26
50.43
48.50
44.07
39.80
42.77
45.48
47.51
48.13
46.23
28.64
46.23
46.87
5
17.95
FCF yield (avg)%
15.36
15.34
16.34
17.61
17.52
16.72
18.95
20.72
22.93
25.40
8.44
20.72
17.56
32
7.64
FCF margin%
12.09
12.88
10.01
12.06
12.35
13.84
11.52
13.78
15.96
16.27
4.40
13.84
12.62
55
0.395
FCF / Net incomex
2.117
2.113
2.174
2.337
2.478
2.554
2.897
3.120
3.062
3.171
1.051
3.062
2.516
5
20.08
ROIC%
26.24
24.09
22.24
21.45
21.41
24.25
24.64
25.26
26.44
25.48
28.60
25.26
24.44
45
29.57
Return on equity%
0.40
2.05
2.05
0.40
2.61
1.77
3.92
5.48
5.62
7.79
29.22
5.48
2.33
26
25.80
Return on assets%
14.77
13.01
14.63
17.23
17.40
15.49
15.65
16.22
18.98
16.63
27.72
16.22
15.94
77
0.56
EPS¥
1.79
2.06
2.11
2.04
2.32
2.53
2.55
2.61
2.66
2.64
0.59
2.60%
5.32%
—
24.61
EPS growth%
19.80
22.49
22.91
19.91
18.07
20.57
19.51
22.24
24.04
23.57
20.36
22.24
21.40
89
0.96
Bookvalue per sh¥
1.63
1.57
1.75
1.90
2.18
2.25
2.49
2.88
2.81
3.23
0.74
8.18%
7.10%
—
0.36
FCF per share¥
1.70
1.98
1.88
1.99
2.11
2.29
2.15
2.10
2.12
2.34
0.79
2.10%
3.77%
—
0.79
Dividend per sh¥
1.01
1.10
1.24
1.24
1.16
1.26
1.27
1.30
1.48
1.53
0.80
5.71%
3.55%
—
5.51
Div yield (avg)%
20.55
23.20
21.80
23.00
24.40
25.58
25.46
26.40
27.40
30.16
24.53
26.40
24.93
55
15.21
Payout ratio%
17.82
20.78
19.47
21.51
23.33
25.37
26.71
24.95
22.24
20.61
7.90
24.95
21.88
36
138.2
Shares (diluted)M
181.9
197.8
194.6
213.7
215.4
233.4
266.2
266.3
310.2
310.5
142.7
7.58%
5.65%
14
13.35
Buyback yield%
13.46
16.40
19.09
19.62
16.89
16.19
17.69
14.93
15.77
13.94
16.30
15.77
16.30
14
0.669
D/E ratiox
0.547
0.602
0.602
0.668
0.667
0.719
0.668
0.644
0.609
0.679
1.101
0.668
0.656
52
370.6
Enterprise value¥M
277.6
260.6
286.2
288.5
271.2
296.4
312.0
342.3
360.0
334.0
41.91
4.25%
2.37%
19
374.3
LT debt¥M
108.9
112.5
112.8
115.1
122.8
138.3
154.6
151.2
179.3
208.9
24.46
11.22%
6.96%
44
Revenue
¥381.7M
7.52%
1.00×
Cost of revenue
¥213.1M
7.38%
0.99×
Operating expenses
¥49.96M
6.91%
0.94×
Goodwill & intangibles
20.40%
Cash and investments
15.03%
Spread over hurdle
15.92%