257.2
Revenue¥M
370.4
381.7
391.7
397.0
412.8
422.7
422.7
432.1
440.7
453.3
286.5
1.89%
2.29%
33
25.81
Revenue growth%
9.48
11.34
13.19
11.30
9.39
11.92
11.51
12.70
9.94
11.11
26.71
11.51
11.32
8
21.40
Gross margin%
26.53
29.49
27.55
27.86
29.24
28.21
27.39
29.60
28.86
31.58
17.15
28.86
28.53
20
20.69
Operating margin%
28.00
26.56
26.56
23.65
21.48
21.69
20.92
23.02
22.45
24.97
27.43
22.45
23.33
74
25.11
Net margin%
6.93
9.77
9.53
9.15
9.79
12.61
15.04
13.21
12.96
14.36
11.55
13.21
11.20
20
12.21
P/E ratio (avg)x
36.21
41.04
39.43
40.66
41.33
43.89
43.96
52.23
53.25
51.01
23.53
51.01
42.61
43
19.76
EV/EBITx
33.98
31.67
28.30
27.51
25.26
26.66
25.41
26.08
27.91
29.72
7.406
26.66
27.71
64
6.82
FCF yield (avg)%
2.46
2.21
4.67
2.64
3.25
0.52
0.40
0.40
0.40
0.40
10.80
0.40
1.36
24
7.68
FCF margin%
15.68
13.96
12.21
12.09
11.20
13.89
14.87
14.38
16.55
14.17
12.53
14.38
14.07
67
1.048
FCF / Net incomex
0.814
0.886
0.967
0.894
0.935
0.864
0.762
0.700
0.715
0.678
1.326
0.715
0.839
68
19.82
ROIC%
13.48
13.51
15.41
15.36
16.85
19.85
17.60
15.66
14.98
16.86
8.61
16.86
15.53
18
26.66
Return on equity%
10.85
13.43
15.47
14.32
16.05
18.21
17.07
14.31
11.98
13.05
25.95
14.31
14.31
10
19.40
Return on assets%
28.77
30.54
31.05
31.44
28.99
31.25
33.54
32.52
31.96
34.54
25.72
32.52
31.35
35
1.33
EPS¥
1.41
1.40
1.53
1.54
1.72
2.00
2.24
2.26
2.24
2.71
1.44
9.48%
8.09%
—
10.92
EPS growth%
6.90
7.62
10.50
7.60
8.45
9.48
11.68
12.95
14.75
16.64
4.86
12.95
9.99
67
1.17
Bookvalue per sh¥
1.77
1.61
1.62
1.82
1.66
1.57
1.53
1.66
1.60
1.73
1.31
0.87%
0.44%
—
1.39
FCF per share¥
1.12
1.15
1.22
1.17
1.28
1.41
1.49
1.44
1.52
1.58
0.65
4.35%
3.20%
—
1.22
Dividend per sh¥
1.09
1.07
1.15
1.05
1.09
1.05
1.00
1.00
1.01
0.94
0.28
(2.95%)
(1.66%)
—
5.22
Div yield (avg)%
8.56
11.07
10.34
8.98
9.13
11.11
12.30
12.95
15.84
13.74
21.66
12.95
11.09
68
19.36
Payout ratio%
1.14
0.40
0.40
0.40
0.40
1.32
1.13
0.55
1.58
2.31
19.88
1.32
0.84
91
289.2
Shares (diluted)M
401.1
470.3
473.2
488.6
478.7
472.1
501.6
588.9
578.2
666.0
292.6
6.82%
6.45%
52
3.45
Buyback yield%
20.55
21.05
20.10
18.00
20.55
20.12
23.04
22.37
21.51
19.55
16.54
21.51
20.55
24
0.649
D/E ratiox
0.165
0.175
0.191
0.178
0.166
0.172
0.176
0.194
0.211
0.215
0.904
0.194
0.177
53
280.8
Enterprise value¥M
138.3
134.4
150.8
142.5
152.0
146.3
161.7
177.7
179.4
190.5
371.0
4.62%
4.29%
9
302.7
LT debt¥M
100.8
94.22
96.83
94.51
94.48
105.9
117.1
110.5
124.4
136.8
226.5
7.69%
2.44%
47
Revenue
¥453.3M
2.29%
1.00×
Cost of revenue
¥230.6M
2.16%
0.99×
Operating expenses
¥95.84M
2.10%
0.98×
Cash and investments
20.65%
Goodwill & intangibles
17.49%
Property and equipment
15.69%
Spread over hurdle
46.79%