2.748
Revenue¥B
1.363
1.459
1.546
1.657
1.793
1.964
2.149
2.300
2.418
2.618
2.898
7.86%
7.37%
92
29.92
Revenue growth%
9.18
9.57
7.10
9.91
12.79
11.46
10.62
10.00
7.83
7.64
6.65
10.00
9.74
21
25.37
Gross margin%
30.17
32.57
32.94
33.57
34.15
33.89
34.58
34.58
37.22
40.08
13.11
34.58
34.02
20
12.55
Operating margin%
10.69
11.97
9.03
10.35
8.09
8.47
9.44
12.12
12.49
14.09
8.58
12.12
10.52
68
23.59
Net margin%
19.62
20.10
19.77
22.38
22.95
21.35
21.36
20.11
19.52
21.92
5.45
21.35
20.73
24
21.75
P/E ratio (avg)x
11.13
13.10
13.62
13.63
15.49
16.68
18.83
20.70
21.17
21.78
28.46
20.70
16.09
63
9.741
EV/EBITx
15.62
14.94
15.62
16.42
15.45
16.89
15.70
17.23
17.29
15.36
31.60
16.89
15.66
39
5.26
FCF yield (avg)%
0.40
2.14
3.79
6.43
6.90
8.57
6.75
7.24
4.89
3.40
19.50
6.75
5.66
11
10.29
FCF margin%
28.39
31.03
30.48
33.00
34.57
36.43
38.30
35.44
36.10
35.59
26.14
36.10
35.00
12
1.099
FCF / Net incomex
0.250
0.253
0.268
0.272
0.289
0.298
0.275
0.269
0.254
0.257
1.424
0.269
0.268
15
21.42
ROIC%
36.11
39.01
38.01
40.39
43.02
41.63
41.45
41.53
38.95
38.88
21.19
41.45
39.70
26
10.43
Return on equity%
16.83
19.77
21.60
22.49
21.02
19.37
21.59
21.72
24.29
22.47
10.59
21.72
21.60
70
13.17
Return on assets%
31.98
29.04
27.53
27.18
28.01
27.51
26.39
24.90
25.63
25.01
21.79
25.63
27.34
34
0.40
EPS¥
0.94
0.84
0.78
0.77
0.72
0.71
0.73
0.76
0.81
0.87
0.41
3.75%
(0.73%)
—
14.39
EPS growth%
0.40
0.40
2.96
0.97
0.67
2.10
0.63
0.40
0.40
2.05
5.72
0.63
0.65
84
1.26
Bookvalue per sh¥
1.39
1.58
1.68
1.84
1.99
2.02
2.39
2.74
2.63
2.90
1.28
7.77%
7.46%
—
0.90
FCF per share¥
0.29
0.26
0.24
0.21
0.20
0.22
0.19
0.17
0.16
0.16
0.85
(4.86%)
(5.17%)
—
0.84
Dividend per sh¥
0.69
0.65
0.74
0.75
0.84
0.77
0.87
0.97
0.92
1.05
0.57
4.56%
5.37%
—
14.96
Div yield (avg)%
10.81
7.98
10.65
13.41
11.69
13.06
11.25
9.50
10.58
9.96
14.01
10.58
10.73
75
13.73
Payout ratio%
10.12
11.83
9.22
10.37
13.22
13.97
15.24
14.07
14.14
15.47
4.95
14.14
13.60
54
1.116
Shares (diluted)B
1.002
1.150
1.100
1.057
1.113
1.057
1.039
1.054
1.197
1.386
1.120
4.49%
2.80%
39
15.60
Buyback yield%
21.98
19.28
17.72
17.34
16.19
17.17
19.82
20.39
18.60
17.80
6.07
18.60
18.20
30
0.566
D/E ratiox
0.624
0.671
0.701
0.717
0.706
0.761
0.836
0.822
0.837
0.850
0.100
0.836
0.739
50
2.670
Enterprise value¥B
1.352
1.408
1.344
1.275
1.401
1.305
1.414
1.420
1.282
1.313
0.609
(1.30%)
0.26%
11
1.378
LT debt¥B
0.502
0.576
0.646
0.653
0.776
0.856
0.829
0.854
0.936
0.913
1.391
3.30%
7.99%
29
Revenue
¥2.618B
7.37%
1.00×
Cost of revenue
¥1.833B
7.37%
1.00×
Operating expenses
¥310.0M
6.35%
0.91×
Cash and investments
16.95%
Spread over hurdle
(2.30%)