151.9
Revenue¥M
254.7
273.2
291.9
312.8
342.4
367.7
391.2
421.7
463.7
503.2
161.5
8.00%
7.75%
19
6.70
Revenue growth%
31.28
33.21
31.08
28.43
29.88
27.92
26.05
29.05
28.13
27.71
21.47
27.92
28.74
84
8.71
Gross margin%
29.29
31.08
28.51
28.81
31.32
30.60
31.99
29.85
27.08
27.14
9.73
29.85
29.57
60
24.90
Operating margin%
11.37
10.03
12.61
15.34
16.32
19.29
20.67
21.94
23.35
21.31
25.20
21.31
17.81
32
15.28
Net margin%
5.25
7.94
9.83
8.72
8.97
6.23
3.65
3.53
5.81
7.40
6.00
5.81
6.81
70
21.44
P/E ratio (avg)x
21.24
20.44
21.00
20.67
19.11
21.10
20.45
21.90
22.74
24.53
14.25
21.90
21.05
68
30.50
EV/EBITx
35.01
38.30
36.15
42.31
47.68
45.98
47.36
54.20
63.44
67.81
20.50
54.20
46.67
16
18.58
FCF yield (avg)%
12.35
11.36
12.53
13.23
11.14
13.06
11.51
11.45
14.00
12.47
8.51
12.47
12.41
36
17.62
FCF margin%
16.11
17.80
15.15
15.35
17.60
19.76
18.77
16.00
14.73
13.69
23.08
16.00
16.06
68
0.918
FCF / Net incomex
2.403
2.831
2.768
3.012
3.227
3.296
3.813
4.146
4.625
4.610
0.631
4.146
3.262
88
12.21
ROIC%
24.43
23.13
21.98
21.80
24.36
21.58
18.84
17.65
20.55
22.51
19.43
20.55
21.89
41
10.88
Return on equity%
15.51
15.76
14.28
16.94
17.04
19.85
18.38
16.02
16.43
18.09
15.69
18.09
16.69
23
21.61
Return on assets%
17.61
16.09
17.72
17.86
18.20
15.86
18.16
20.82
18.18
16.21
28.62
18.16
17.79
7
0.58
EPS¥
0.52
0.51
0.56
0.65
0.71
0.66
0.65
0.73
0.75
0.86
0.61
3.81%
6.27%
—
10.58
EPS growth%
15.60
15.80
12.88
10.94
9.69
11.36
11.86
11.57
11.05
8.49
29.44
11.36
11.46
48
1.28
Bookvalue per sh¥
0.42
0.47
0.53
0.54
0.52
0.53
0.56
0.55
0.57
0.53
1.16
0.67%
1.67%
—
1.02
FCF per share¥
1.81
2.06
2.30
2.28
2.63
2.52
2.89
3.13
3.23
3.40
1.96
5.29%
6.32%
—
0.74
Dividend per sh¥
0.65
0.65
0.69
0.61
0.67
0.63
0.63
0.62
0.67
0.67
1.79
0.03%
(0.30%)
—
24.99
Div yield (avg)%
19.65
20.60
22.92
22.23
20.89
21.55
19.54
16.56
17.23
15.55
25.96
17.23
20.13
83
12.08
Payout ratio%
29.25
27.80
25.54
25.87
27.30
26.58
26.18
27.83
30.70
29.31
28.72
27.83
27.55
9
161.2
Shares (diluted)M
146.2
146.3
153.1
146.8
152.1
139.3
152.9
157.3
154.1
139.9
161.6
(1.66%)
(0.48%)
86
4.57
Buyback yield%
3.80
3.27
2.09
3.46
3.78
3.78
1.83
0.40
2.70
0.97
28.59
1.83
2.98
25
0.773
D/E ratiox
1.982
2.006
1.887
2.054
2.280
2.438
2.361
2.373
2.469
2.473
1.614
2.438
2.320
41
545.3
Enterprise value¥M
638.8
666.4
634.4
720.2
661.3
678.7
778.3
811.6
930.3
956.2
383.5
7.66%
5.04%
58
96.91
LT debt¥M
496.1
484.9
463.8
449.3
407.2
402.4
375.5
392.1
408.0
422.6
248.1
0.74%
(2.29%)
74
Revenue
¥503.2M
7.75%
1.00×
Cost of revenue
¥310.1M
7.76%
1.00×
Operating expenses
¥114.0M
7.66%
0.99×
Cash and investments
16.50%
Spread over hurdle
71.59%