355.3
Revenue¥M
460.2
484.8
523.1
548.0
574.3
604.2
634.1
681.8
713.9
766.2
382.1
5.93%
5.83%
81
3.88
Revenue growth%
23.97
24.01
25.59
27.71
28.10
29.01
26.79
26.65
28.82
29.03
28.49
28.82
27.25
40
22.39
Gross margin%
8.65
10.12
12.96
10.81
12.39
9.51
8.80
9.49
10.70
11.47
23.76
9.51
10.41
7
12.32
Operating margin%
21.04
21.68
21.59
23.23
25.16
26.34
26.59
27.79
25.23
27.92
28.76
26.59
25.19
38
4.89
Net margin%
6.67
6.12
5.01
6.42
8.28
8.39
5.66
7.30
4.76
1.79
18.06
5.66
6.27
70
12.09
P/E ratio (avg)x
21.21
19.45
17.60
18.71
20.25
20.86
19.60
21.54
23.35
22.49
28.43
21.54
20.56
88
10.97
EV/EBITx
32.50
30.41
32.82
32.61
30.36
30.99
30.26
31.46
33.89
34.54
20.36
31.46
31.98
65
28.05
FCF yield (avg)%
30.33
27.97
25.81
28.69
26.76
24.07
24.39
21.83
20.36
22.21
26.88
22.21
25.10
86
19.25
FCF margin%
19.81
19.97
17.85
18.05
15.99
13.90
14.86
16.47
15.04
13.43
5.91
14.86
16.23
49
1.771
FCF / Net incomex
0.839
0.931
0.951
1.031
0.922
0.928
0.940
0.992
0.947
0.918
0.977
0.940
0.936
87
14.93
ROIC%
5.17
7.85
7.62
5.17
2.92
1.01
1.69
0.40
3.12
5.55
25.29
1.69
4.15
79
2.07
Return on equity%
17.79
19.99
20.94
18.55
16.28
17.66
14.77
16.88
18.51
16.25
18.88
16.88
17.72
57
17.62
Return on assets%
23.23
25.52
24.00
23.80
21.51
21.19
21.37
21.72
20.61
18.18
12.73
21.19
21.62
62
2.72
EPS¥
1.76
1.79
1.92
1.97
2.11
1.85
2.03
1.82
1.64
1.69
2.99
(4.32%)
0.59%
—
10.14
EPS growth%
13.05
10.51
13.16
10.99
10.58
10.60
8.47
8.39
10.44
8.71
23.62
8.71
10.54
67
0.40
Bookvalue per sh¥
2.56
2.46
2.36
2.59
2.92
3.11
2.89
3.25
3.46
3.22
2.04
2.02%
2.77%
—
0.41
FCF per share¥
1.01
0.86
0.76
0.82
0.77
0.80
0.68
0.70
0.66
0.67
0.90
(2.87%)
(4.06%)
—
0.87
Dividend per sh¥
2.63
2.94
3.21
3.66
3.78
3.50
3.21
3.02
3.03
3.13
2.25
(3.71%)
2.27%
—
3.11
Div yield (avg)%
16.26
16.78
17.64
17.95
17.46
18.98
18.70
17.71
20.41
21.76
5.61
18.98
17.83
33
2.71
Payout ratio%
8.64
7.61
9.25
11.10
11.14
9.13
8.55
10.75
12.68
15.43
24.90
10.75
10.00
24
266.1
Shares (diluted)M
198.5
189.2
160.2
141.6
120.8
110.1
94.42
89.57
94.17
89.24
264.3
(5.87%)
(7.91%)
75
12.76
Buyback yield%
6.17
6.87
4.49
2.48
3.52
3.72
0.73
0.40
0.86
1.40
22.23
0.86
3.00
45
1.800
D/E ratiox
0.428
0.417
0.457
0.487
0.553
0.549
0.522
0.518
0.548
0.595
1.245
0.548
0.520
53
59.63
Enterprise value¥M
519.7
536.3
553.0
604.9
692.1
735.6
679.2
745.0
762.0
704.0
546.9
0.34%
4.37%
91
355.0
LT debt¥M
609.7
689.8
707.9
711.5
656.9
729.8
673.2
771.1
723.9
767.8
413.8
3.17%
3.14%
43
Revenue
¥766.2M
5.83%
1.00×
Cost of revenue
¥467.0M
5.80%
1.00×
Operating expenses
¥111.0M
6.11%
1.03×
Spread over hurdle
26.57%