364.3
Revenue¥M
380.4
407.7
426.6
456.8
495.6
537.5
580.2
610.1
637.9
675.2
385.4
6.38%
6.41%
67
23.22
Revenue growth%
5.11
6.22
4.87
6.84
5.18
2.19
2.14
0.40
0.41
0.40
21.13
0.41
3.53
33
11.12
Gross margin%
16.07
18.37
20.21
19.05
16.74
17.53
19.84
21.86
24.06
25.61
16.66
21.86
19.44
63
2.04
Operating margin%
30.02
32.46
34.63
36.25
38.57
37.28
39.52
42.40
44.05
44.25
21.28
42.40
37.92
67
14.93
Net margin%
14.14
13.75
13.20
11.17
8.78
8.09
8.84
6.07
8.45
7.41
12.08
8.09
8.81
84
13.01
P/E ratio (avg)x
20.02
22.21
22.10
22.11
23.51
22.87
23.15
23.99
26.39
29.58
11.08
23.99
23.01
22
11.81
EV/EBITx
37.61
40.75
42.12
47.71
48.86
51.03
54.17
57.69
67.33
81.40
7.296
57.69
49.95
37
20.03
FCF yield (avg)%
25.48
27.99
25.58
24.30
25.17
23.18
22.14
21.70
20.90
18.27
26.40
21.70
23.74
64
20.15
FCF margin%
31.01
31.11
28.68
26.29
28.74
28.13
29.65
31.99
34.95
32.67
12.26
31.99
30.33
63
0.967
FCF / Net incomex
1.499
1.449
1.271
1.200
1.056
1.119
0.978
1.036
1.081
1.128
1.572
1.081
1.123
54
29.50
ROIC%
11.74
14.35
12.62
13.61
13.97
11.25
12.71
11.38
13.86
11.71
24.35
11.71
12.67
29
27.19
Return on equity%
12.71
11.10
12.40
13.98
14.06
15.03
12.09
13.95
11.22
12.67
17.57
12.67
12.69
5
3.01
Return on assets%
19.10
16.57
14.95
17.62
16.72
17.96
17.25
17.10
14.63
12.27
12.31
17.10
16.91
28
0.63
EPS¥
1.74
1.87
1.95
1.99
2.29
2.68
3.18
3.40
3.77
3.71
0.66
10.12%
7.56%
—
19.14
EPS growth%
14.52
12.93
14.71
15.84
15.31
17.14
19.89
17.71
17.30
18.96
17.40
17.71
16.49
81
1.76
Bookvalue per sh¥
1.80
2.05
2.25
2.29
2.51
2.76
2.90
2.68
3.02
2.92
0.82
3.09%
4.57%
—
2.14
FCF per share¥
1.59
1.40
1.38
1.23
1.15
1.10
0.98
0.95
0.84
0.75
1.08
(8.38%)
(8.56%)
—
2.08
Dividend per sh¥
2.04
2.05
2.26
2.35
2.34
2.19
2.04
2.16
2.41
2.67
0.53
2.70%
4.22%
—
7.91
Div yield (avg)%
24.55
24.21
24.29
23.07
23.78
21.78
20.71
22.95
25.55
24.77
4.48
22.95
23.99
47
11.22
Payout ratio%
9.50
9.35
10.57
13.12
10.18
12.46
14.27
14.11
14.04
11.19
28.07
14.04
11.82
46
275.0
Shares (diluted)M
390.6
396.1
440.7
435.3
484.9
579.3
589.8
605.1
712.0
713.2
275.6
8.02%
7.81%
9
19.50
Buyback yield%
11.68
8.94
8.93
8.16
10.69
9.98
8.74
11.31
11.69
10.85
21.09
10.85
10.33
88
1.368
D/E ratiox
0.152
0.136
0.145
0.139
0.153
0.157
0.175
0.177
0.170
0.160
0.902
0.170
0.155
75
301.4
Enterprise value¥M
334.7
404.3
485.0
489.5
592.6
589.9
589.7
592.1
596.1
583.3
581.2
(0.32%)
7.10%
13
504.5
LT debt¥M
411.0
459.3
499.4
504.5
494.8
562.1
641.9
644.2
615.3
615.8
253.8
4.47%
5.49%
28
Revenue
¥675.2M
6.41%
1.00×
Cost of revenue
¥472.6M
6.41%
1.00×
Operating expenses
¥104.2M
7.40%
1.10×
Cash and investments
15.72%
Spread over hurdle
(2.00%)