2.036
Revenue¥B
2.443
2.545
2.715
2.918
3.116
3.215
3.400
3.512
3.782
3.912
2.081
4.65%
5.58%
83
3.90
Revenue growth%
22.26
23.57
20.74
18.84
17.33
19.43
21.13
19.85
20.11
20.22
9.12
20.11
20.17
41
4.40
Gross margin%
14.04
13.21
11.07
12.53
15.33
14.91
13.90
12.31
11.05
11.89
23.72
12.31
12.87
67
7.66
Operating margin%
1.76
0.40
1.52
0.40
2.23
0.40
2.63
3.48
2.91
0.76
10.41
2.63
1.64
51
12.64
Net margin%
14.52
11.79
13.76
15.66
14.66
16.33
15.29
12.42
12.41
14.02
16.16
14.02
14.27
73
22.71
P/E ratio (avg)x
13.91
14.62
15.05
16.14
15.07
15.67
16.36
16.55
16.09
15.33
31.04
16.09
15.50
47
25.05
EV/EBITx
16.17
18.05
19.24
19.65
18.81
18.58
20.45
19.74
18.60
16.78
32.28
18.60
18.70
61
22.40
FCF yield (avg)%
24.88
23.17
23.15
23.81
23.23
21.46
21.23
20.26
18.53
21.46
17.42
21.23
22.30
20
5.58
FCF margin%
25.99
26.57
28.89
30.43
32.87
35.85
36.84
34.36
34.46
33.83
3.35
34.46
33.35
50
1.517
FCF / Net incomex
0.133
0.136
0.137
0.125
0.129
0.132
0.129
0.134
0.123
0.119
0.772
0.129
0.131
95
14.05
ROIC%
31.13
31.35
33.45
33.51
34.18
34.02
32.35
33.54
35.24
32.80
7.84
33.54
33.48
63
17.58
Return on equity%
1.43
0.76
0.40
0.40
0.92
0.40
0.40
0.40
1.27
3.42
29.74
0.40
0.58
88
24.97
Return on assets%
9.65
10.33
7.60
8.63
9.04
6.08
6.04
8.67
6.06
7.27
15.29
6.08
8.11
49
4.80
EPS¥
2.98
2.94
2.86
3.15
3.48
3.78
4.08
4.41
4.83
5.59
5.07
9.90%
8.12%
—
16.70
EPS growth%
9.08
10.10
7.94
8.78
9.27
12.10
13.18
10.39
8.25
8.66
14.97
10.39
9.17
28
4.72
Bookvalue per sh¥
4.31
4.58
4.45
4.94
4.96
5.42
6.49
7.68
8.40
9.26
3.88
13.30%
9.34%
—
2.71
FCF per share¥
1.73
1.70
1.70
1.95
2.08
2.11
2.20
2.51
2.78
3.06
1.58
8.04%
5.05%
—
3.29
Dividend per sh¥
2.61
2.61
2.66
3.13
3.27
3.67
4.00
4.39
5.07
5.73
3.14
11.91%
9.00%
—
18.77
Div yield (avg)%
25.46
27.74
30.69
30.61
31.58
31.93
31.53
28.95
31.55
32.84
28.71
31.55
31.11
45
2.23
Payout ratio%
8.63
7.61
9.58
10.56
12.99
15.89
16.36
14.97
16.94
18.69
21.88
16.36
13.98
73
354.6
Shares (diluted)M
329.5
303.8
299.3
293.2
285.6
281.5
242.3
233.4
242.3
219.7
365.7
(5.11%)
(4.87%)
41
6.29
Buyback yield%
7.39
10.14
7.28
10.06
10.26
7.70
7.64
7.16
9.01
8.28
3.88
7.70
7.99
52
1.556
D/E ratiox
1.703
1.720
1.764
1.883
1.914
2.101
2.222
2.398
2.337
2.720
0.473
2.337
2.007
92
168.5
Enterprise value¥M
150.0
142.9
132.3
142.5
125.0
128.4
116.0
113.3
112.3
120.6
595.4
(0.71%)
(2.76%)
6
0.393
LT debt¥B
1.977
1.796
2.003
1.799
1.729
1.584
1.398
1.517
1.535
1.353
1.959
(4.79%)
(3.28%)
17
Revenue
¥3.912B
5.58%
1.00×
Cost of revenue
¥2.738B
5.58%
1.00×
Operating expenses
¥706.0M
5.13%
0.96×
Cash and investments
15.88%
Spread over hurdle
(1.24%)