475.6
Revenue¥M
473.1
508.6
548.7
601.0
634.2
678.3
747.4
814.6
860.5
916.5
488.5
7.64%
7.56%
13
16.95
Revenue growth%
9.78
11.68
9.43
10.86
9.52
10.25
10.97
8.41
10.82
12.66
27.78
10.82
10.54
7
18.00
Gross margin%
20.96
19.55
21.24
20.10
22.72
23.57
23.84
24.94
22.61
24.00
20.68
23.84
22.67
46
4.70
Operating margin%
7.23
5.56
3.76
2.52
0.50
0.40
1.13
3.09
2.45
4.62
8.99
2.45
2.81
36
29.70
Net margin%
0.40
0.40
2.91
1.23
0.79
0.40
0.40
0.81
2.28
2.33
29.63
0.81
0.80
44
29.48
P/E ratio (avg)x
17.73
16.43
14.91
15.09
15.70
14.84
14.80
14.12
13.93
13.97
37.71
14.12
14.88
52
29.91
EV/EBITx
15.82
18.86
22.54
25.53
25.39
29.92
30.82
33.17
32.89
39.10
10.74
32.89
27.73
57
10.66
FCF yield (avg)%
8.31
5.88
4.66
5.92
3.81
6.79
5.66
6.38
8.70
9.81
9.06
6.79
6.15
51
24.20
FCF margin%
22.40
22.83
20.94
23.77
25.69
27.41
24.53
21.99
20.01
18.99
3.20
21.99
22.61
86
1.777
FCF / Net incomex
0.190
0.181
0.188
0.185
0.195
0.206
0.226
0.255
0.296
0.307
0.969
0.255
0.200
95
5.53
ROIC%
30.57
29.91
28.32
25.63
26.49
23.73
25.58
24.03
23.51
23.67
7.25
23.73
25.60
69
13.24
Return on equity%
12.95
10.30
10.28
10.80
13.66
14.53
12.48
10.00
11.31
9.09
17.60
11.31
11.06
11
28.41
Return on assets%
13.03
11.20
13.32
10.70
11.61
10.32
10.24
12.56
15.25
15.11
11.06
12.56
12.08
78
1.21
EPS¥
1.27
1.38
1.25
1.14
1.27
1.14
1.09
0.99
1.02
0.94
1.28
(5.83%)
(1.72%)
—
15.31
EPS growth%
11.45
13.66
15.00
15.19
15.54
15.42
16.40
17.43
14.90
17.27
20.59
16.40
15.31
30
3.18
Bookvalue per sh¥
2.53
2.45
2.71
3.07
3.19
2.90
2.83
3.04
2.88
3.08
0.73
(0.70%)
2.89%
—
2.32
FCF per share¥
2.22
2.41
2.75
2.72
3.00
3.05
3.45
3.24
3.02
3.10
2.52
0.68%
3.67%
—
1.64
Dividend per sh¥
3.74
3.71
4.34
4.29
4.20
4.18
4.90
5.81
6.83
7.71
2.21
12.89%
8.04%
—
15.03
Div yield (avg)%
12.97
11.20
13.76
14.73
15.68
12.86
15.31
13.24
12.86
14.72
28.87
13.24
13.50
21
15.48
Payout ratio%
11.85
14.55
17.40
18.85
19.06
17.79
16.20
18.33
18.29
18.91
6.85
18.29
18.04
34
206.8
Shares (diluted)M
164.8
151.9
129.3
113.3
119.8
103.0
86.81
92.14
95.94
91.23
211.5
(5.30%)
(5.55%)
9
3.24
Buyback yield%
12.72
13.99
11.51
8.86
8.31
5.90
7.18
9.44
8.96
7.86
2.94
7.86
8.91
71
1.307
D/E ratiox
1.600
1.821
1.815
1.993
2.163
2.331
2.517
2.738
3.249
3.768
0.410
2.738
2.247
91
455.3
Enterprise value¥M
346.2
368.0
407.8
413.4
446.4
444.7
486.2
585.4
691.0
764.7
971.6
11.37%
9.56%
94
710.9
LT debt¥M
774.3
823.0
892.4
865.0
781.3
733.0
692.9
679.7
761.7
733.3
899.2
(1.26%)
(0.92%)
60
Revenue
¥916.5M
7.56%
1.00×
Cost of revenue
¥607.7M
7.55%
1.00×
Operating expenses
¥223.0M
7.45%
0.99×
Spread over hurdle
(0.07%)