680.5
Revenue¥M
358.1
375.1
404.3
429.7
462.9
485.9
509.4
527.7
559.1
601.4
704.5
5.37%
5.62%
93
9.44
Revenue growth%
12.35
9.82
7.46
4.76
6.38
7.69
6.74
9.63
8.42
9.44
18.98
8.42
8.06
90
21.93
Gross margin%
24.65
22.17
21.45
19.14
21.32
22.68
20.67
19.60
22.49
22.92
8.89
22.49
21.81
41
21.47
Operating margin%
1.14
0.40
0.40
0.40
2.83
5.80
5.03
5.47
2.59
2.57
10.06
5.03
2.58
12
28.96
Net margin%
26.29
26.53
25.80
26.19
28.21
30.26
33.21
35.94
35.80
37.66
11.59
35.80
29.23
95
36.93
P/E ratio (avg)x
23.06
22.42
19.35
18.69
16.50
15.38
16.78
14.89
14.46
13.97
11.22
14.89
16.64
27
15.43
EV/EBITx
11.81
13.12
14.06
13.37
11.89
11.00
11.85
10.53
9.979
10.50
9.065
10.53
11.83
34
18.68
FCF yield (avg)%
19.44
17.80
18.99
18.96
19.16
19.65
19.01
21.93
23.82
24.90
21.35
21.93
19.30
89
28.68
FCF margin%
28.45
30.26
27.45
29.94
30.74
28.87
31.13
33.27
30.37
29.09
7.09
30.37
30.10
66
0.431
FCF / Net incomex
0.098
0.104
0.110
0.100
0.085
0.083
0.080
0.081
0.085
0.083
1.370
0.083
0.085
42
21.42
ROIC%
19.35
18.80
16.22
17.86
15.19
15.61
15.72
15.32
16.24
14.10
21.40
15.61
15.97
81
18.97
Return on equity%
4.53
5.55
2.63
1.82
2.33
4.52
4.23
7.17
6.08
7.59
7.02
6.08
4.53
87
15.99
Return on assets%
13.20
11.28
9.37
9.66
10.64
10.90
8.89
11.51
13.98
15.97
4.66
11.51
11.09
35
1.76
EPS¥
3.21
3.15
3.60
3.55
3.84
3.54
3.51
3.98
4.27
4.45
1.81
3.02%
3.07%
—
17.37
EPS growth%
12.67
11.58
13.58
15.14
15.49
17.47
17.83
15.83
16.66
18.79
16.66
17.47
15.66
79
2.86
Bookvalue per sh¥
1.46
1.62
1.60
1.55
1.66
1.51
1.61
1.72
1.65
1.52
1.61
(1.78%)
0.33%
—
2.45
FCF per share¥
1.35
1.51
1.64
1.92
2.24
2.23
2.47
2.65
3.00
3.36
2.73
8.46%
11.50%
—
0.43
Dividend per sh¥
0.58
0.57
0.49
0.49
0.53
0.54
0.47
0.43
0.38
0.39
2.73
(5.92%)
(3.14%)
—
23.76
Div yield (avg)%
31.39
29.90
32.84
34.63
36.79
38.36
37.54
39.09
38.20
39.11
6.85
38.36
37.17
19
22.31
Payout ratio%
21.66
21.76
18.76
19.05
20.49
22.39
23.34
23.70
24.87
22.94
25.98
23.34
22.07
73
203.2
Shares (diluted)M
128.8
112.3
120.6
110.1
115.3
125.8
131.1
142.2
146.5
154.4
193.3
6.01%
1.91%
33
28.52
Buyback yield%
30.50
29.52
27.62
26.52
27.85
25.46
25.20
22.52
20.38
21.69
22.94
22.52
25.99
29
1.793
D/E ratiox
1.520
1.542
1.640
1.865
1.882
1.850
2.128
2.457
2.891
3.153
1.208
2.457
1.873
6
308.8
Enterprise value¥M
55.98
60.87
62.96
60.07
69.60
77.98
83.85
91.15
107.5
116.3
208.7
10.81%
8.39%
71
0.550
LT debt¥B
0.659
0.723
0.798
0.903
1.047
1.086
1.256
1.280
1.452
1.399
0.210
5.95%
9.16%
49
Revenue
¥601.4M
5.62%
1.00×
Cost of revenue
¥392.9M
5.62%
1.00×
Operating expenses
¥145.3M
6.08%
1.04×
Cash and investments
20.50%
Spread over hurdle
(4.04%)