1.778
Revenue¥B
1.975
2.060
2.220
2.385
2.552
2.669
2.841
3.043
3.278
3.572
1.976
6.95%
6.68%
93
20.52
Revenue growth%
23.47
23.62
23.22
22.60
22.18
23.61
22.22
24.28
23.06
24.31
27.76
23.61
23.35
37
28.38
Gross margin%
26.02
24.92
21.95
24.33
25.00
22.52
22.69
22.94
20.34
17.82
19.77
22.52
22.82
48
7.55
Operating margin%
23.93
22.43
21.34
22.24
24.72
21.94
21.54
22.01
23.19
23.76
2.38
22.01
22.33
68
27.49
Net margin%
0.81
3.73
4.40
7.39
4.55
5.50
7.54
5.05
5.14
5.34
18.81
5.34
5.10
20
34.74
P/E ratio (avg)x
30.28
35.45
40.31
43.46
45.85
52.66
52.51
57.77
62.55
74.36
18.87
57.77
49.18
53
22.03
EV/EBITx
14.32
15.13
14.24
15.35
15.39
14.36
13.37
13.00
13.35
13.88
32.59
13.37
14.28
34
6.63
FCF yield (avg)%
17.11
19.33
16.50
17.32
17.73
14.75
16.19
16.34
18.56
17.53
24.46
16.34
17.22
51
12.93
FCF margin%
11.62
10.24
9.40
9.02
8.85
10.92
8.04
6.94
5.15
7.64
21.12
7.64
8.94
83
1.458
FCF / Net incomex
1.037
1.185
1.300
1.325
1.260
1.318
1.495
1.635
1.729
1.633
1.429
1.633
1.322
72
9.59
ROIC%
6.06
8.64
9.61
12.59
13.78
16.26
13.92
15.61
15.35
14.14
16.99
15.35
13.85
93
15.81
Return on equity%
3.51
4.21
3.56
3.50
5.57
8.55
6.72
9.07
11.90
10.77
16.30
9.07
6.15
61
21.02
Return on assets%
4.71
6.37
7.59
6.05
7.48
7.05
5.14
3.99
4.04
6.51
16.71
5.14
6.21
60
2.50
EPS¥
1.72
1.84
1.88
2.02
2.06
2.03
1.77
1.66
1.50
1.50
2.75
(6.18%)
(3.05%)
—
5.42
EPS growth%
25.07
26.02
27.35
24.97
27.67
26.77
25.09
27.20
27.10
27.26
6.52
27.10
26.93
31
0.99
Bookvalue per sh¥
3.17
3.25
3.01
2.62
2.62
2.57
2.60
2.36
2.15
1.90
3.96
(6.23%)
(4.86%)
—
0.61
FCF per share¥
3.26
3.63
3.63
3.33
3.58
3.36
3.44
3.32
3.20
3.42
2.46
(0.91%)
1.71%
—
2.52
Dividend per sh¥
2.35
2.73
3.27
3.59
4.30
4.80
5.65
6.37
7.36
8.12
0.62
13.57%
13.32%
—
24.49
Div yield (avg)%
13.23
13.96
14.33
11.50
13.71
16.34
16.27
16.02
16.24
17.29
18.97
16.27
15.17
6
29.28
Payout ratio%
25.87
27.79
26.31
27.28
26.94
27.51
29.72
27.67
29.01
29.48
29.80
29.01
27.59
71
545.9
Shares (diluted)M
631.4
720.0
681.5
631.8
656.1
607.5
581.4
655.2
648.1
628.3
550.3
(0.86%)
(0.53%)
57
6.03
Buyback yield%
20.10
20.15
17.81
18.68
19.45
17.51
17.54
15.24
14.95
15.05
8.66
15.24
17.68
44
0.186
D/E ratiox
1.099
1.127
1.056
1.123
1.237
1.311
1.493
1.482
1.736
1.814
0.254
1.493
1.274
7
278.9
Enterprise value¥M
334.1
320.7
313.7
297.0
279.7
306.6
299.9
315.6
297.7
288.9
434.3
0.65%
(2.19%)
12
1.618
LT debt¥B
3.409
3.272
3.440
3.494
3.539
3.697
4.196
4.545
4.660
4.427
2.388
4.58%
3.11%
56
Revenue
¥3.572B
6.68%
1.00×
Cost of revenue
¥2.501B
6.68%
1.00×
Operating expenses
¥750.4M
7.12%
1.04×
Spread over hurdle
29.34%