1.959
Revenue¥B
2.116
2.300
2.507
2.679
2.909
3.103
3.310
3.619
3.869
4.219
2.125
7.72%
8.18%
28
4.42
Revenue growth%
32.02
32.50
31.07
29.20
30.95
33.12
33.88
35.40
38.20
35.53
8.96
35.40
32.81
65
10.32
Gross margin%
35.62
34.08
35.86
32.92
35.04
33.55
32.19
34.61
34.58
32.05
5.28
33.55
34.33
23
3.43
Operating margin%
25.01
24.36
24.01
21.36
19.43
22.15
23.60
20.60
22.61
21.07
28.53
22.15
22.38
9
13.02
Net margin%
28.07
26.87
25.09
23.70
23.50
26.05
26.39
25.10
23.75
22.43
3.81
25.10
25.10
34
21.29
P/E ratio (avg)x
10.39
11.75
12.48
13.35
13.15
12.66
11.87
11.04
11.64
12.47
34.62
11.87
12.17
39
27.54
EV/EBITx
19.80
18.53
16.36
16.33
15.94
16.95
15.10
14.00
13.18
12.05
11.95
14.00
16.14
17
16.60
FCF yield (avg)%
26.12
26.82
26.91
28.50
27.59
27.01
28.50
30.37
32.52
30.60
7.98
30.37
28.05
60
3.78
FCF margin%
19.68
21.38
23.55
24.75
25.70
23.31
25.26
24.89
22.14
19.60
26.76
23.31
23.43
6
1.187
FCF / Net incomex
2.215
2.375
2.735
3.146
3.307
3.818
4.103
4.075
4.570
4.859
1.304
4.103
3.562
24
12.88
ROIC%
16.77
18.23
19.89
20.62
20.00
22.27
23.72
25.87
23.00
25.19
29.81
23.72
21.44
59
12.02
Return on equity%
25.67
26.65
25.86
25.41
26.65
29.60
30.79
30.09
28.84
31.40
14.72
30.09
27.75
70
6.98
Return on assets%
19.97
17.68
17.66
19.99
21.90
24.44
25.82
27.58
30.03
31.13
28.44
27.58
23.17
18
0.65
EPS¥
0.43
0.43
0.45
0.43
0.45
0.41
0.43
0.38
0.39
0.37
0.68
(3.84%)
(0.57%)
—
9.99
EPS growth%
10.48
8.00
8.09
6.10
7.48
5.67
7.52
7.65
5.00
2.32
27.50
5.67
7.50
73
3.37
Bookvalue per sh¥
0.67
0.70
0.63
0.58
0.54
0.45
0.49
0.51
0.53
0.51
1.93
(0.78%)
(1.92%)
—
1.92
FCF per share¥
0.62
0.61
0.63
0.60
0.57
0.51
0.49
0.53
0.48
0.51
2.93
(2.30%)
(0.96%)
—
1.36
Dividend per sh¥
4.37
4.86
5.24
5.43
5.34
5.48
6.48
7.16
8.03
7.81
3.01
7.89%
7.58%
—
20.72
Div yield (avg)%
21.09
18.89
16.95
18.02
20.68
20.05
20.14
18.43
16.41
17.26
15.49
18.43
18.66
68
29.79
Payout ratio%
14.03
15.40
15.53
13.74
16.37
17.18
14.35
14.02
13.30
11.68
8.78
14.02
14.19
26
433.8
Shares (diluted)M
455.8
507.4
473.4
512.2
455.1
422.2
399.4
428.0
433.0
405.5
449.1
(2.28%)
(0.82%)
74
3.56
Buyback yield%
30.57
31.63
32.31
35.19
36.53
37.01
37.07
34.48
35.48
37.91
18.21
37.01
35.34
30
0.945
D/E ratiox
1.849
1.773
1.792
1.700
1.961
2.243
2.548
2.470
2.709
3.032
1.045
2.548
2.102
49
0.628
Enterprise value¥B
1.233
1.371
1.454
1.585
1.624
1.558
1.473
1.423
1.481
1.679
0.366
0.67%
3.94%
16
1.051
LT debt¥B
1.979
2.307
2.560
2.927
2.875
3.322
3.801
4.123
4.265
4.177
2.523
7.76%
7.52%
92
Revenue
¥4.219B
8.18%
1.00×
Cost of revenue
¥2.611B
8.21%
1.00×
Operating expenses
¥560.7M
7.95%
0.98×
Property and equipment
15.26%
Return on capital
100.52%
Spread over hurdle
90.78%