27.75
Revenue¥M
319.4
350.2
373.6
405.8
431.2
460.6
485.7
513.1
553.8
583.0
28.34
6.22%
6.84%
10
15.37
Revenue growth%
13.64
10.77
10.50
12.21
11.06
9.68
6.83
6.57
6.03
8.12
10.98
6.83
10.09
93
25.60
Gross margin%
28.07
30.42
32.58
33.71
33.85
34.36
32.94
33.45
31.51
32.08
2.35
32.94
32.76
18
2.35
Operating margin%
6.91
6.03
5.96
7.85
6.94
6.66
5.70
8.65
7.13
9.28
2.22
7.13
6.92
77
14.50
Net margin%
21.90
22.86
22.38
19.77
20.58
19.49
17.91
16.38
17.54
18.15
12.12
17.91
19.63
53
9.962
P/E ratio (avg)x
39.25
42.80
46.32
44.55
44.17
47.41
51.12
48.12
47.15
52.86
15.89
48.12
46.73
16
12.37
EV/EBITx
67.30
75.99
90.42
102.1
122.8
137.7
155.3
177.0
193.6
230.4
7.206
177.0
130.3
84
16.20
FCF yield (avg)%
21.79
21.77
20.97
23.96
21.13
21.72
20.63
23.30
24.87
23.61
18.49
23.30
21.78
52
18.47
FCF margin%
29.13
30.47
27.53
29.56
27.79
29.79
29.74
26.86
26.17
29.05
10.73
29.05
29.09
70
1.739
FCF / Net incomex
1.038
1.077
1.115
1.062
1.022
0.925
0.816
0.737
0.687
0.652
1.533
0.737
0.974
22
27.38
ROIC%
19.16
19.94
22.01
20.46
21.56
22.27
21.04
21.50
22.86
25.25
13.36
22.27
21.53
26
13.90
Return on equity%
26.72
27.30
29.01
27.49
26.91
28.07
29.27
28.18
26.57
29.10
18.19
28.18
27.78
57
5.52
Return on assets%
24.17
22.84
24.41
23.84
22.01
20.35
22.99
22.02
20.44
17.76
15.29
20.44
22.43
81
1.90
EPS¥
1.58
1.52
1.43
1.50
1.44
1.55
1.45
1.35
1.48
1.51
2.00
0.94%
(1.51%)
—
26.10
EPS growth%
17.14
17.68
17.98
18.59
21.55
22.96
23.56
21.94
22.01
21.38
20.62
22.01
21.46
48
2.36
Bookvalue per sh¥
1.04
1.18
1.07
1.02
1.02
0.96
0.98
0.92
1.04
1.12
1.95
1.85%
(0.09%)
—
2.14
FCF per share¥
0.83
0.83
0.96
1.11
1.10
1.07
1.24
1.43
1.37
1.56
1.12
7.22%
6.46%
—
2.06
Dividend per sh¥
2.38
2.34
2.14
1.99
2.24
2.53
2.28
2.11
2.26
2.34
2.44
0.90%
0.95%
—
22.57
Div yield (avg)%
5.51
4.86
2.49
4.56
7.42
9.33
9.36
6.80
4.79
5.79
16.15
6.80
5.65
64
17.09
Payout ratio%
26.24
28.13
26.46
27.59
28.41
28.09
30.10
29.11
28.54
29.60
19.17
29.11
28.27
74
135.3
Shares (diluted)M
152.3
177.2
171.2
175.7
187.6
185.8
179.7
210.7
214.7
230.4
133.2
4.20%
5.63%
54
16.49
Buyback yield%
20.09
17.28
15.35
15.59
17.39
16.48
18.48
19.16
20.26
20.95
24.25
19.16
17.93
17
1.640
D/E ratiox
0.398
0.381
0.440
0.455
0.522
0.503
0.492
0.495
0.484
0.528
0.147
0.495
0.488
41
328.5
Enterprise value¥M
252.0
262.3
233.5
251.7
255.5
276.5
281.6
255.6
234.2
209.6
305.3
(3.88%)
(2.84%)
83
423.3
LT debt¥M
34.49
30.50
27.93
25.02
23.62
22.70
22.48
21.01
19.34
18.45
38.17
(4.82%)
(6.96%)
63
Revenue
¥583.0M
6.84%
1.00×
Cost of revenue
¥408.1M
6.84%
1.00×
Operating expenses
¥97.14M
7.71%
1.08×
Spread over hurdle
(4.30%)