524.6
Revenue¥M
270.4
285.3
303.3
332.8
355.5
379.0
403.2
439.9
476.2
511.5
555.6
7.54%
7.54%
18
10.45
Revenue growth%
21.85
24.16
22.08
20.84
21.94
19.40
21.81
22.67
20.89
20.56
26.62
20.89
21.83
17
17.50
Gross margin%
15.10
16.58
18.41
16.83
19.73
22.30
19.50
19.09
17.73
14.96
6.03
19.09
18.07
8
16.23
Operating margin%
6.47
4.97
3.27
6.17
4.40
4.19
2.14
3.08
4.51
4.20
3.42
4.19
4.30
53
9.92
Net margin%
1.03
2.25
2.81
4.10
2.91
2.62
1.18
0.86
0.40
1.26
13.90
1.18
1.75
62
21.14
P/E ratio (avg)x
23.44
21.49
23.26
19.82
20.88
19.22
20.71
19.75
18.77
18.60
27.64
19.22
20.26
68
8.129
EV/EBITx
42.98
48.03
49.13
54.82
57.08
58.66
65.20
69.37
66.83
70.61
17.61
66.83
57.87
85
10.32
FCF yield (avg)%
23.43
23.38
20.68
22.30
20.44
18.15
19.32
18.18
18.08
17.40
5.28
18.15
19.88
80
27.79
FCF margin%
26.24
24.67
24.09
24.15
22.16
20.84
23.77
25.48
23.93
22.45
23.24
23.77
24.01
21
1.136
FCF / Net incomex
0.337
0.326
0.345
0.371
0.362
0.382
0.381
0.406
0.442
0.505
0.172
0.406
0.376
75
2.74
ROIC%
8.90
8.96
7.27
5.05
4.60
7.48
6.70
4.29
1.56
0.40
9.45
4.29
5.88
73
25.67
Return on equity%
6.82
7.67
10.22
10.76
11.53
9.02
7.53
9.76
7.97
8.83
27.88
8.83
8.92
36
20.63
Return on assets%
10.33
12.45
13.61
14.79
14.72
17.64
19.77
21.63
22.62
22.33
21.53
21.63
16.22
15
0.41
EPS¥
0.87
0.97
0.93
1.01
0.99
1.08
1.00
1.01
1.07
1.00
0.45
0.26%
1.71%
—
4.77
EPS growth%
15.10
18.09
16.93
16.29
17.14
16.50
13.98
13.03
14.82
13.51
12.68
13.98
15.70
50
0.25
Bookvalue per sh¥
0.29
0.26
0.28
0.25
0.26
0.27
0.25
0.23
0.22
0.20
0.70
(5.12%)
(4.81%)
—
0.38
FCF per share¥
0.57
0.51
0.52
0.49
0.53
0.51
0.49
0.45
0.46
0.42
0.81
(4.69%)
(2.56%)
—
0.36
Dividend per sh¥
0.39
0.39
0.36
0.39
0.38
0.35
0.35
0.35
0.38
0.35
0.36
(1.98%)
(1.40%)
—
18.67
Div yield (avg)%
15.72
15.87
18.34
20.62
20.71
18.23
16.27
16.91
14.81
17.23
13.64
16.91
17.07
55
26.05
Payout ratio%
9.64
11.29
10.43
7.74
5.90
5.53
2.57
1.60
2.11
3.26
16.24
2.57
5.71
43
160.6
Shares (diluted)M
169.2
161.3
163.2
179.0
194.2
198.7
202.6
228.5
216.2
236.2
163.2
4.00%
3.47%
74
17.23
Buyback yield%
29.85
28.75
26.33
28.35
26.18
26.80
23.86
22.05
22.01
22.32
19.93
22.32
26.26
6
0.465
D/E ratiox
1.482
1.377
1.249
1.265
1.198
1.170
1.223
1.152
1.111
1.142
1.764
1.152
1.210
68
654.8
Enterprise value¥M
489.6
485.3
504.9
541.2
554.3
666.1
693.0
694.9
795.2
812.9
568.6
7.96%
5.68%
14
564.3
LT debt¥M
179.4
168.7
159.6
179.8
189.2
176.1
198.2
188.3
211.4
214.9
83.21
2.58%
1.70%
44
Revenue
¥511.5M
7.54%
1.00×
Cost of revenue
¥311.3M
7.48%
1.00×
Operating expenses
¥69.61M
7.92%
1.04×
Cash and investments
15.92%
Spread over hurdle
(1.36%)