0.284
Revenue¥B
1.394
1.478
1.583
1.682
1.812
1.894
2.018
2.106
2.179
2.257
0.313
4.49%
5.50%
88
18.26
Revenue growth%
11.76
12.82
12.80
11.74
14.01
12.00
13.31
12.72
15.04
15.46
14.71
13.31
12.81
74
8.89
Gross margin%
23.57
25.31
24.98
23.12
21.76
19.93
20.40
19.67
21.19
20.92
4.34
20.40
21.48
57
22.12
Operating margin%
13.42
15.73
12.77
14.82
17.04
18.20
18.79
21.39
22.20
19.38
18.14
19.38
17.62
13
26.51
Net margin%
18.01
20.99
22.65
25.10
23.85
24.47
24.49
24.16
22.83
24.44
12.44
24.44
24.01
87
14.97
P/E ratio (avg)x
46.68
51.13
49.91
50.24
52.34
58.49
55.80
60.22
59.09
62.26
12.52
59.09
54.07
25
22.44
EV/EBITx
19.62
17.32
15.26
16.70
16.13
15.31
16.16
16.77
16.98
16.88
11.39
16.77
16.74
17
12.02
FCF yield (avg)%
7.17
7.64
10.09
9.72
9.13
7.31
4.62
3.19
2.79
2.66
2.21
3.19
7.24
77
21.59
FCF margin%
22.37
23.52
23.24
25.06
27.53
26.65
29.45
28.60
26.39
26.72
8.06
26.72
26.52
44
0.534
FCF / Net incomex
1.966
2.179
2.345
2.142
1.963
2.158
2.240
2.431
2.496
2.645
0.272
2.431
2.210
51
12.97
ROIC%
27.50
30.28
32.92
32.15
34.12
36.39
33.82
34.60
33.47
34.07
11.44
34.07
33.65
66
19.82
Return on equity%
25.00
27.77
25.27
24.44
25.57
23.27
21.53
23.92
22.05
22.54
29.06
22.54
24.18
42
17.67
Return on assets%
22.15
19.97
19.39
20.31
18.09
20.95
21.87
23.33
21.30
20.19
7.58
21.30
20.63
70
1.07
EPS¥
0.85
0.81
0.81
0.85
0.78
0.72
0.76
0.82
0.85
0.91
1.17
3.01%
1.16%
—
17.47
EPS growth%
26.22
24.08
23.83
22.15
21.34
22.51
23.05
20.73
22.00
21.19
23.39
22.00
22.33
26
1.20
Bookvalue per sh¥
0.61
0.64
0.65
0.66
0.72
0.76
0.67
0.70
0.77
0.73
0.43
0.06%
2.24%
—
1.02
FCF per share¥
0.70
0.76
0.70
0.74
0.82
0.84
0.84
0.88
1.01
1.14
1.17
6.75%
4.03%
—
0.31
Dividend per sh¥
0.71
0.64
0.71
0.78
0.79
0.74
0.76
0.85
0.93
0.91
0.99
2.77%
3.34%
—
15.27
Div yield (avg)%
8.90
6.34
8.13
6.32
6.50
8.73
9.53
10.54
13.50
11.24
9.59
10.54
8.81
49
12.54
Payout ratio%
28.63
30.62
32.59
31.54
31.90
34.37
32.46
34.53
33.53
36.25
18.52
34.37
32.52
36
403.1
Shares (diluted)M
558.6
525.5
581.7
601.1
666.1
702.7
761.0
743.5
790.1
782.6
396.2
3.28%
4.70%
81
16.05
Buyback yield%
13.77
12.31
11.96
14.11
11.74
9.51
9.26
10.99
11.20
12.25
14.72
10.99
11.85
26
0.275
D/E ratiox
1.666
1.936
1.978
1.833
1.936
1.810
1.966
1.910
1.921
2.157
0.158
1.921
1.928
87
1,672
Enterprise value¥M
235.6
215.8
216.6
189.9
189.9
166.2
161.0
165.1
178.2
164.2
819.9
(2.86%)
(4.39%)
81
0.423
LT debt¥B
1.454
1.556
1.523
1.674
1.604
1.800
1.898
1.812
1.954
1.816
0.402
2.52%
1.99%
12
Revenue
¥2.257B
5.50%
1.00×
Cost of revenue
¥1.580B
5.50%
1.00×
Operating expenses
¥328.4M
5.63%
1.01×
Cash and investments
16.78%
Spread over hurdle
(0.99%)