437.0
Revenue¥M
385.5
411.1
434.8
480.6
519.3
562.4
614.7
662.7
714.3
757.2
484.7
7.83%
7.68%
38
20.52
Revenue growth%
6.72
5.26
2.63
2.95
1.78
3.39
5.90
3.05
0.81
0.40
3.41
3.05
3.00
33
9.14
Gross margin%
24.78
23.92
22.05
24.39
24.01
26.98
27.79
26.38
27.42
24.61
9.99
26.98
24.70
70
19.12
Operating margin%
23.91
23.73
26.38
28.49
25.67
26.26
27.35
28.16
27.92
27.28
12.57
27.35
26.83
83
10.58
Net margin%
32.93
34.92
35.40
37.90
36.23
37.55
38.39
37.47
39.89
37.33
9.22
37.55
37.40
16
12.90
P/E ratio (avg)x
11.17
10.51
9.536
10.27
9.867
10.19
11.26
12.53
11.93
13.14
30.39
11.93
10.84
40
20.27
EV/EBITx
10.29
10.80
11.23
9.865
10.71
9.922
8.900
8.094
8.549
7.989
18.40
8.549
9.893
67
23.17
FCF yield (avg)%
25.14
22.58
20.50
20.12
22.51
24.27
23.15
22.47
22.21
23.72
17.11
23.15
22.54
24
22.11
FCF margin%
24.19
24.97
26.81
29.00
31.43
34.12
33.55
32.68
35.57
36.43
11.30
34.12
32.06
67
0.198
FCF / Net incomex
0.341
0.322
0.374
0.368
0.369
0.346
0.349
0.398
0.424
0.452
1.326
0.398
0.368
45
19.28
ROIC%
18.27
15.65
14.80
12.24
9.90
11.75
8.80
8.60
8.87
7.92
5.89
8.80
10.83
59
20.93
Return on equity%
2.36
4.69
5.40
2.84
1.04
0.40
1.82
0.40
0.40
0.40
12.75
0.40
1.43
45
6.43
Return on assets%
11.95
14.34
17.22
14.25
15.97
13.02
13.50
11.57
9.19
6.65
3.68
11.57
13.26
82
0.19
EPS¥
0.32
0.35
0.38
0.39
0.42
0.44
0.40
0.41
0.45
0.50
0.21
3.42%
4.43%
—
25.45
EPS growth%
13.15
15.98
16.33
16.68
14.96
17.06
17.96
15.76
17.25
16.27
10.07
17.06
16.30
80
0.23
Bookvalue per sh¥
0.67
0.68
0.64
0.62
0.56
0.59
0.63
0.60
0.67
0.72
0.31
5.25%
(0.26%)
—
0.21
FCF per share¥
0.43
0.44
0.42
0.39
0.41
0.43
0.42
0.40
0.41
0.43
0.98
0.93%
(0.19%)
—
0.44
Dividend per sh¥
0.99
0.91
0.84
0.74
0.80
0.76
0.75
0.82
0.80
0.88
1.25
1.84%
(0.24%)
—
11.07
Div yield (avg)%
34.76
31.91
33.97
31.09
30.13
32.42
31.49
31.80
31.55
29.40
5.71
31.55
31.68
6
11.89
Payout ratio%
15.63
15.56
14.54
12.04
10.89
11.23
13.40
11.63
13.81
12.82
27.37
12.82
13.11
8
189.0
Shares (diluted)M
169.0
178.7
194.8
192.1
198.3
208.9
215.1
230.3
218.8
230.9
180.8
3.08%
2.26%
83
6.19
Buyback yield%
11.82
9.59
11.41
10.60
13.10
15.31
17.80
20.00
17.74
15.41
15.64
17.74
14.20
19
0.130
D/E ratiox
0.379
0.376
0.374
0.339
0.307
0.291
0.315
0.331
0.355
0.354
1.701
0.331
0.346
56
471.2
Enterprise value¥M
70.54
73.40
70.36
75.25
70.99
66.49
70.11
80.06
73.81
71.76
394.7
0.21%
0.93%
39
469.4
LT debt¥M
244.9
267.5
301.6
276.0
298.7
291.6
296.5
332.7
351.0
362.3
522.6
3.93%
4.17%
59
Revenue
¥757.2M
7.68%
1.00×
Cost of revenue
¥530.1M
7.68%
1.00×
Operating expenses
¥117.8M
6.71%
0.91×
Cash and investments
15.01%
Spread over hurdle
15.91%