340.3
Revenue¥M
785.9
795.2
809.8
823.1
832.3
868.0
897.1
930.3
961.0
988.6
348.1
3.50%
2.61%
74
22.73
Revenue growth%
21.49
23.50
26.05
25.45
23.58
21.19
23.84
26.40
27.60
25.24
9.25
25.24
24.54
35
23.21
Gross margin%
13.38
11.70
12.76
14.71
15.88
14.48
16.41
15.52
15.50
16.85
16.71
15.52
15.10
86
28.30
Operating margin%
26.27
26.89
25.13
24.76
23.83
25.31
25.47
24.07
21.14
23.43
28.58
24.07
24.95
82
3.43
Net margin%
21.86
23.57
21.86
23.53
21.39
19.06
18.26
19.46
17.17
16.41
18.15
18.26
20.42
73
26.98
P/E ratio (avg)x
21.56
18.98
17.58
15.87
16.87
15.74
15.78
14.48
12.88
13.71
12.58
14.48
15.83
27
15.19
EV/EBITx
19.20
19.47
20.41
18.47
17.16
17.79
18.22
16.57
17.00
18.49
13.42
17.79
18.34
10
21.38
FCF yield (avg)%
9.91
11.54
11.84
14.07
16.60
16.22
17.47
15.23
17.35
19.48
11.93
17.35
15.73
87
15.73
FCF margin%
17.47
15.12
16.59
17.15
15.61
15.53
15.87
18.45
15.88
14.00
12.33
15.87
15.88
20
0.250
FCF / Net incomex
1.937
2.107
2.274
1.997
2.045
1.963
2.061
2.041
2.266
2.252
0.956
2.061
2.053
95
28.86
ROIC%
7.01
5.86
8.31
6.56
8.76
8.21
5.50
7.38
6.65
8.16
20.09
7.38
7.20
48
17.58
Return on equity%
3.27
0.70
1.93
1.67
4.30
4.81
5.44
4.58
1.67
0.40
25.57
4.58
2.60
41
7.23
Return on assets%
1.19
2.42
2.58
3.81
5.89
6.45
5.02
7.86
9.21
10.87
3.58
7.86
5.46
29
0.75
EPS¥
0.45
0.42
0.44
0.39
0.40
0.35
0.36
0.38
0.38
0.38
0.82
(0.85%)
(1.26%)
—
29.57
EPS growth%
10.73
10.25
12.59
10.89
12.53
10.42
8.05
5.78
3.88
1.64
7.28
5.78
10.34
41
0.63
Bookvalue per sh¥
0.10
0.09
0.09
0.08
0.09
0.09
0.10
0.10
0.09
0.09
0.61
(0.01%)
(1.21%)
—
0.19
FCF per share¥
0.23
0.26
0.27
0.29
0.28
0.30
0.28
0.31
0.31
0.35
0.74
4.60%
4.09%
—
0.58
Dividend per sh¥
0.19
0.21
0.20
0.20
0.20
0.19
0.23
0.22
0.24
0.27
0.63
6.19%
5.40%
—
29.58
Div yield (avg)%
28.66
27.58
26.04
23.65
23.14
20.41
20.03
19.03
17.52
15.56
3.07
19.03
21.78
31
27.47
Payout ratio%
19.76
21.66
24.38
24.64
22.36
25.28
26.22
23.88
21.78
20.85
12.70
23.88
23.12
43
384.6
Shares (diluted)M
520.3
486.8
489.5
526.0
495.3
480.7
430.7
389.8
389.7
374.1
379.2
(5.46%)
(2.15%)
43
28.58
Buyback yield%
6.84
7.29
6.01
7.01
7.73
5.67
3.70
1.38
4.04
5.66
3.25
4.04
5.84
11
0.215
D/E ratiox
1.046
1.163
1.079
1.024
0.995
0.907
1.018
1.054
0.981
1.092
1.675
1.018
1.035
7
831.3
Enterprise value¥M
374.8
348.8
364.3
407.2
425.2
431.8
413.6
391.8
363.8
374.5
254.5
(2.51%)
0.74%
8
806.7
LT debt¥M
314.8
296.2
316.6
320.8
296.0
294.3
271.5
255.2
231.5
256.4
271.1
(2.83%)
(1.56%)
42
Revenue
¥988.6M
2.61%
1.00×
Cost of revenue
¥562.7M
2.35%
0.98×
Operating expenses
¥117.3M
2.98%
1.04×
Property and equipment
17.36%
Goodwill & intangibles
16.55%
Spread over hurdle
12.89%