1.906
Revenue¥B
1.063
1.132
1.191
1.221
1.279
1.343
1.382
1.417
1.489
1.558
2.064
4.03%
4.48%
55
9.82
Revenue growth%
3.51
6.11
4.31
3.12
5.41
2.86
0.40
1.99
1.92
1.96
5.39
1.96
2.99
25
21.37
Gross margin%
23.97
25.02
23.24
20.48
17.74
17.79
16.63
18.59
17.97
17.51
29.76
17.79
18.28
52
13.47
Operating margin%
27.53
29.23
26.41
26.77
24.12
27.02
28.68
31.17
34.00
31.77
27.47
31.17
28.11
13
8.76
Net margin%
4.64
5.55
6.24
5.12
8.03
7.37
8.89
10.84
12.69
14.50
12.71
10.84
7.70
31
13.74
P/E ratio (avg)x
34.08
37.90
36.77
39.86
45.52
44.03
47.24
47.19
43.20
43.40
33.23
44.03
43.30
33
26.17
EV/EBITx
25.97
24.32
27.41
29.96
28.52
29.82
31.05
34.48
34.53
36.27
31.42
34.48
29.89
35
10.36
FCF yield (avg)%
10.12
8.22
9.32
8.90
6.04
8.16
7.72
10.69
12.30
12.46
23.16
10.69
9.11
57
27.20
FCF margin%
15.86
14.85
16.96
17.81
14.99
17.13
19.09
19.82
18.92
18.12
22.54
18.92
17.47
23
0.598
FCF / Net incomex
0.215
0.245
0.248
0.248
0.244
0.244
0.231
0.212
0.205
0.233
0.495
0.231
0.239
6
10.58
ROIC%
12.34
9.78
10.83
8.85
11.00
13.95
11.87
13.25
11.15
9.23
15.79
11.87
11.07
69
26.72
Return on equity%
29.57
27.00
27.18
29.16
30.15
31.06
32.07
34.53
35.60
33.65
6.09
33.65
30.60
15
16.55
Return on assets%
11.00
10.14
12.50
10.20
12.78
15.74
13.53
13.35
13.15
15.33
22.30
13.53
12.96
67
1.65
EPS¥
0.64
0.60
0.56
0.58
0.61
0.65
0.73
0.75
0.75
0.83
1.80
6.36%
2.75%
—
10.36
EPS growth%
23.05
24.66
23.99
21.09
21.68
21.17
23.24
24.80
22.46
21.84
12.62
22.46
22.76
94
1.06
Bookvalue per sh¥
2.03
1.93
1.94
1.85
1.79
1.73
1.65
1.62
1.69
1.75
1.71
(0.40%)
(1.84%)
—
1.74
FCF per share¥
0.81
0.82
0.88
0.97
1.01
1.06
1.02
0.99
1.09
1.12
0.86
2.06%
4.17%
—
0.64
Dividend per sh¥
1.99
2.09
2.29
2.36
2.49
2.51
2.53
2.91
3.01
3.35
1.20
6.12%
5.52%
—
26.98
Div yield (avg)%
8.88
11.72
13.19
13.40
15.08
17.34
17.43
18.48
21.12
20.60
10.10
18.48
16.21
64
8.62
Payout ratio%
16.14
17.73
19.95
19.72
16.87
15.52
12.74
12.51
15.08
16.14
8.60
15.08
16.14
21
673.4
Shares (diluted)M
520.7
583.0
551.4
519.4
574.1
579.3
635.0
670.2
642.8
706.0
698.2
4.22%
2.33%
70
19.54
Buyback yield%
19.61
20.59
22.69
20.86
18.29
17.35
15.99
15.07
16.76
18.36
15.64
16.76
18.33
59
1.528
D/E ratiox
0.910
0.947
1.060
1.046
1.046
1.066
1.152
1.251
1.334
1.525
0.203
1.251
1.063
90
1.693
Enterprise value¥B
1.228
1.283
1.354
1.482
1.453
1.424
1.354
1.521
1.442
1.487
0.155
0.46%
3.08%
30
2.038
LT debt¥B
1.596
1.794
1.876
1.793
1.825
1.866
1.954
2.026
1.912
2.112
1.729
2.96%
2.50%
21
Revenue
¥1.558B
4.48%
1.00×
Cost of revenue
¥1.091B
4.48%
1.00×
Operating expenses
¥324.0M
4.75%
1.03×
Cash and investments
16.57%
Goodwill & intangibles
16.36%
Spread over hurdle
(5.88%)