247.2
Revenue¥M
426.5
451.3
481.9
516.6
553.3
590.4
627.0
669.0
706.5
774.1
271.7
6.95%
7.07%
75
5.48
Revenue growth%
23.31
20.88
21.02
22.14
19.88
22.56
20.95
22.04
19.32
17.17
16.81
20.95
20.98
43
6.97
Gross margin%
5.87
4.24
2.21
0.86
2.99
3.88
6.79
5.65
4.76
6.75
22.51
5.65
4.50
86
23.26
Operating margin%
26.88
29.24
28.36
30.09
29.69
30.39
32.11
32.34
29.50
28.18
16.74
30.39
29.60
67
20.53
Net margin%
18.15
15.68
14.73
15.46
15.05
13.89
14.18
16.12
16.77
19.15
26.46
16.12
15.57
13
24.50
P/E ratio (avg)x
45.76
51.34
49.91
50.50
49.24
51.02
49.60
55.18
53.10
56.91
24.02
53.10
50.76
72
11.30
EV/EBITx
20.00
19.71
20.91
20.88
22.45
21.69
23.78
22.25
20.95
19.87
32.48
21.69
20.93
74
13.77
FCF yield (avg)%
11.25
10.43
11.64
10.14
7.98
7.39
9.46
6.85
5.66
8.43
15.64
7.39
8.94
14
24.98
FCF margin%
18.50
19.71
20.23
22.40
20.51
21.40
21.09
20.45
23.30
22.94
3.28
21.40
20.80
66
0.535
FCF / Net incomex
0.703
0.834
0.813
0.822
0.983
1.111
1.177
1.175
1.197
1.195
1.146
1.177
1.047
15
3.46
ROIC%
31.23
32.69
31.47
30.37
29.25
30.44
28.69
30.35
30.45
29.30
12.15
30.35
30.41
13
12.14
Return on equity%
30.02
28.55
29.15
28.70
28.18
27.25
28.35
27.87
28.36
27.78
26.10
27.87
28.35
42
21.22
Return on assets%
28.42
28.83
27.30
27.93
30.06
30.66
32.01
33.08
34.23
33.52
23.39
33.08
30.36
6
0.29
EPS¥
0.41
0.44
0.48
0.49
0.48
0.43
0.44
0.48
0.51
0.55
0.31
2.87%
3.60%
—
28.79
EPS growth%
22.57
24.50
23.69
22.05
22.12
20.96
19.96
20.23
19.08
19.21
18.63
19.96
21.51
86
0.51
Bookvalue per sh¥
1.06
1.12
1.07
1.09
1.15
1.19
1.15
1.02
0.95
0.88
0.33
(5.10%)
(0.71%)
—
0.62
FCF per share¥
0.37
0.40
0.43
0.50
0.57
0.65
0.64
0.73
0.74
0.81
0.92
7.46%
9.55%
—
0.67
Dividend per sh¥
0.67
0.65
0.65
0.72
0.74
0.72
0.69
0.73
0.69
0.77
0.36
0.60%
2.34%
—
21.23
Div yield (avg)%
26.36
24.92
26.64
27.88
30.63
33.29
31.25
34.18
32.29
33.82
7.04
33.29
30.94
89
8.64
Payout ratio%
8.07
9.68
7.05
7.15
8.18
6.61
7.86
9.88
11.85
9.57
17.70
9.57
8.12
89
512.2
Shares (diluted)M
483.7
499.4
449.0
480.1
434.1
426.2
389.4
408.7
381.8
407.7
506.9
(1.25%)
(1.36%)
91
28.82
Buyback yield%
17.31
18.06
20.62
17.91
16.22
18.55
17.81
19.76
17.59
17.43
14.32
17.81
17.86
57
0.787
D/E ratiox
0.310
0.326
0.371
0.379
0.369
0.345
0.354
0.406
0.451
0.497
0.884
0.406
0.370
65
289.3
Enterprise value¥M
220.0
213.7
198.4
211.3
197.4
183.2
192.8
178.3
157.7
155.4
875.0
(4.68%)
(3.74%)
53
195.5
LT debt¥M
821.0
816.4
700.5
765.3
783.9
804.8
842.5
766.9
824.8
784.4
271.3
0.01%
(1.58%)
61
Revenue
¥774.1M
7.07%
1.00×
Cost of revenue
¥469.7M
7.11%
1.00×
Operating expenses
¥82.96M
7.53%
1.04×
Spread over hurdle
78.15%