372.1
Revenue¥M
196.9
208.3
219.5
231.1
244.4
253.9
266.4
288.7
304.2
330.6
410.0
6.23%
6.12%
31
16.58
Revenue growth%
7.72
5.01
4.72
5.72
4.58
5.89
3.38
5.90
4.31
6.06
16.25
5.89
5.37
22
3.62
Gross margin%
10.16
11.34
13.19
11.09
12.68
14.31
15.61
16.37
15.03
12.48
20.06
15.03
12.94
68
21.18
Operating margin%
3.83
3.04
5.61
7.66
7.46
10.20
10.92
12.07
13.69
13.59
5.56
12.07
8.93
81
2.94
Net margin%
13.41
13.22
14.29
12.32
12.87
15.32
17.91
20.55
19.41
20.28
25.37
19.41
14.80
57
18.70
P/E ratio (avg)x
19.43
20.55
20.41
21.15
23.74
26.04
26.40
29.89
31.66
35.59
30.34
29.89
24.89
77
7.525
EV/EBITx
29.97
31.75
31.37
33.68
35.85
35.23
35.91
33.62
36.71
38.80
35.25
35.91
34.46
60
10.90
FCF yield (avg)%
2.20
0.40
1.85
4.23
4.62
3.16
4.47
5.43
4.77
4.35
8.01
4.47
4.29
77
19.56
FCF margin%
11.02
13.44
10.99
8.69
9.53
11.28
10.91
12.78
14.71
15.41
26.23
12.78
11.15
86
0.513
FCF / Net incomex
1.087
1.196
1.304
1.420
1.364
1.393
1.594
1.834
1.997
2.220
1.246
1.834
1.406
67
15.67
ROIC%
24.59
24.79
27.20
26.54
29.08
27.17
25.28
27.74
28.46
25.73
26.89
27.17
26.85
54
11.82
Return on equity%
17.33
19.57
18.70
20.45
19.60
17.35
18.56
16.03
15.76
14.57
12.68
16.03
17.96
73
13.72
Return on assets%
18.45
19.34
18.80
17.98
16.58
17.84
18.32
19.58
21.84
23.39
18.80
19.58
18.62
20
0.13
EPS¥
0.10
0.11
0.12
0.12
0.13
0.13
0.14
0.14
0.17
0.19
0.14
6.74%
5.97%
—
3.61
EPS growth%
10.57
10.00
8.10
9.87
9.69
7.24
7.28
8.96
6.30
5.41
18.71
7.24
8.53
68
0.14
Bookvalue per sh¥
0.05
0.05
0.05
0.05
0.05
0.04
0.04
0.04
0.04
0.04
0.20
(6.38%)
(3.18%)
—
0.04
FCF per share¥
0.11
0.12
0.11
0.10
0.09
0.09
0.08
0.09
0.08
0.08
0.08
(2.94%)
(2.30%)
—
0.11
Dividend per sh¥
0.17
0.19
0.21
0.22
0.26
0.28
0.27
0.30
0.32
0.33
0.12
5.05%
8.71%
—
24.57
Div yield (avg)%
30.78
28.82
25.97
24.12
26.70
26.12
28.84
26.28
23.37
25.69
17.14
26.12
26.20
36
26.26
Payout ratio%
15.60
14.63
12.95
10.36
11.82
8.91
9.69
9.04
9.97
12.70
28.34
9.69
11.09
59
1.077
Shares (diluted)B
1.299
1.424
1.399
1.613
1.778
2.029
2.001
1.949
2.019
2.233
1.063
4.66%
5.60%
27
11.30
Buyback yield%
1.13
0.40
2.00
4.75
2.35
2.75
0.40
1.54
4.23
5.06
7.48
2.75
2.18
54
0.128
D/E ratiox
1.354
1.487
1.597
1.734
1.943
2.130
2.394
2.390
2.618
2.653
0.687
2.394
2.036
74
270.5
Enterprise value¥M
273.5
252.5
248.9
265.1
249.7
272.6
257.7
262.6
283.7
290.8
324.0
3.09%
0.71%
7
237.0
LT debt¥M
430.2
445.1
492.7
443.8
407.0
391.4
427.8
436.3
492.1
441.1
135.6
1.62%
0.44%
61
Revenue
¥330.6M
6.12%
1.00×
Cost of revenue
¥229.8M
6.24%
1.01×
Operating expenses
¥65.51M
5.95%
0.98×
Goodwill & intangibles
17.88%
Cash and investments
15.40%
Spread over hurdle
(0.91%)