1.405
Revenue¥B
1.529
1.630
1.770
1.879
2.028
2.180
2.320
2.474
2.720
2.905
1.560
7.45%
7.22%
17
23.34
Revenue growth%
2.66
4.69
2.32
0.69
1.43
3.28
5.42
3.92
1.43
1.52
4.04
3.28
2.49
12
5.54
Gross margin%
17.67
16.16
17.64
16.00
18.93
21.80
24.55
23.79
23.58
24.57
15.52
23.79
20.37
41
9.14
Operating margin%
28.04
30.00
31.96
34.54
36.54
38.55
39.90
37.81
40.72
42.23
29.75
39.90
37.18
84
27.18
Net margin%
23.74
22.29
21.86
22.61
21.19
22.92
25.89
27.62
30.22
28.06
29.03
27.62
23.33
50
15.41
P/E ratio (avg)x
70.74
76.50
89.85
98.27
117.4
129.3
143.4
150.8
155.9
155.0
28.93
150.8
123.4
56
9.731
EV/EBITx
22.26
23.32
21.49
18.74
20.56
21.57
22.11
19.07
18.64
16.53
24.76
19.07
21.03
39
20.37
FCF yield (avg)%
9.09
10.32
7.93
6.69
9.17
7.44
9.76
8.55
11.02
8.03
16.66
8.55
8.82
38
11.27
FCF margin%
24.24
26.59
26.11
27.38
28.84
29.73
28.15
25.93
24.30
21.93
17.21
25.93
26.35
10
0.315
FCF / Net incomex
1.725
1.999
1.898
1.964
2.173
2.024
2.181
2.045
2.054
2.310
0.109
2.054
2.034
82
3.67
ROIC%
26.32
26.06
27.15
27.86
27.50
30.44
33.38
34.79
36.74
36.08
3.03
34.79
29.15
16
21.30
Return on equity%
12.35
11.24
10.20
8.08
6.15
8.75
7.08
7.59
9.05
10.03
4.58
8.75
8.90
84
25.43
Return on assets%
6.80
9.10
11.45
9.18
9.89
12.36
9.84
10.26
8.56
9.10
22.73
9.84
9.51
32
3.63
EPS¥
3.12
3.15
3.37
3.46
4.19
4.81
5.26
5.96
7.06
8.35
3.79
14.75%
11.85%
—
23.95
EPS growth%
10.12
12.25
11.06
8.24
8.03
5.28
5.29
4.37
5.96
4.39
16.73
5.28
7.00
55
4.47
Bookvalue per sh¥
7.74
7.70
8.25
8.08
8.57
8.90
8.43
8.56
8.70
9.51
3.10
2.11%
1.34%
—
6.37
FCF per share¥
10.56
11.19
11.69
11.19
10.66
11.03
10.98
11.13
10.88
11.38
5.25
1.32%
0.95%
—
2.06
Dividend per sh¥
11.26
13.50
13.52
15.68
17.05
17.01
17.25
19.06
19.34
19.90
3.02
3.14%
6.66%
—
13.67
Div yield (avg)%
21.67
19.47
16.93
14.05
15.94
14.61
16.52
13.58
12.49
14.23
9.53
14.23
15.28
7
13.21
Payout ratio%
0.40
0.40
0.40
0.40
1.92
3.30
5.90
8.56
5.87
7.29
6.56
5.90
2.61
49
234.1
Shares (diluted)M
294.7
292.8
296.4
312.3
328.8
311.9
333.4
373.8
391.8
417.1
223.6
4.87%
3.49%
14
4.02
Buyback yield%
8.66
7.91
8.08
7.75
8.23
5.69
7.86
6.38
6.50
8.14
15.53
6.50
7.89
84
1.440
D/E ratiox
0.229
0.209
0.202
0.208
0.184
0.187
0.203
0.202
0.218
0.227
0.362
0.203
0.206
13
1.100
Enterprise value¥B
2.341
2.068
1.813
1.624
1.472
1.378
1.354
1.398
1.261
1.177
1.079
(4.38%)
(7.15%)
80
3.158
LT debt¥B
2.206
2.181
2.413
2.597
2.504
2.865
3.218
3.301
3.202
3.348
2.164
5.98%
3.93%
36
Revenue
¥2.905B
7.22%
1.00×
Cost of revenue
¥1.569B
7.32%
1.01×
Operating expenses
¥552.9M
6.76%
0.96×
Cash and investments
15.26%
Spread over hurdle
(3.62%)