2.008
Revenue¥B
1.645
1.715
1.763
1.801
1.887
1.974
2.063
2.105
2.160
2.217
2.245
3.28%
3.48%
63
14.03
Revenue growth%
11.76
11.12
11.89
13.64
16.35
14.97
12.32
13.22
11.64
12.60
28.25
12.60
12.46
78
12.99
Gross margin%
5.09
8.07
7.85
7.93
5.86
5.83
6.01
8.38
6.58
4.52
4.61
6.01
6.29
27
20.28
Operating margin%
25.69
23.61
21.54
23.43
20.80
19.49
20.54
20.31
22.29
21.55
13.22
20.54
21.54
82
26.58
Net margin%
3.76
4.22
5.29
5.38
4.74
6.33
4.02
1.36
4.18
4.48
29.52
4.18
4.35
50
35.09
P/E ratio (avg)x
30.87
29.91
28.57
31.89
36.40
36.07
38.49
41.31
46.89
49.86
37.25
41.31
36.24
74
25.44
EV/EBITx
26.74
24.62
24.04
26.56
24.10
24.76
27.05
27.50
27.14
24.74
23.04
27.05
25.66
93
15.37
FCF yield (avg)%
0.40
0.40
0.40
0.93
1.28
1.61
3.75
4.70
2.39
5.01
19.97
3.75
1.44
91
6.03
FCF margin%
29.74
31.62
34.05
33.94
36.02
34.30
35.62
33.01
34.79
32.31
16.30
34.30
33.99
34
0.224
FCF / Net incomex
0.314
0.306
0.327
0.296
0.281
0.283
0.263
0.226
0.240
0.206
0.723
0.240
0.282
35
3.57
ROIC%
16.76
15.31
17.54
14.77
15.54
14.30
16.41
17.63
14.78
17.55
28.02
16.41
15.98
11
8.81
Return on equity%
34.27
31.91
32.45
34.35
34.27
35.53
32.74
34.40
36.66
37.62
4.77
35.53
34.31
90
7.51
Return on assets%
3.10
1.61
0.98
2.72
0.40
3.05
2.96
4.05
6.42
4.47
23.04
4.05
3.00
28
2.55
EPS¥
15.10
15.41
17.43
20.63
20.06
21.80
23.29
22.33
22.87
23.09
2.67
2.86%
6.20%
—
7.15
EPS growth%
9.28
9.49
6.59
4.09
4.96
6.44
8.78
5.92
5.90
5.44
5.19
5.92
6.18
79
9.76
Bookvalue per sh¥
8.79
8.84
9.14
9.56
10.73
11.30
11.82
11.95
13.67
13.49
2.60
4.69%
4.71%
—
12.41
FCF per share¥
4.68
4.52
5.02
5.51
5.30
5.56
5.36
5.55
5.77
5.91
2.49
2.21%
1.96%
—
10.68
Dividend per sh¥
6.90
6.72
7.32
6.51
6.34
6.45
6.96
6.34
6.50
6.05
1.78
(0.94%)
(2.64%)
—
13.92
Div yield (avg)%
16.77
18.74
20.82
23.19
22.55
21.96
24.14
24.27
24.98
24.00
27.80
24.14
22.87
70
9.02
Payout ratio%
7.75
10.50
10.73
8.59
7.64
6.19
5.39
4.68
4.97
3.03
4.15
4.97
6.92
63
150.9
Shares (diluted)M
144.1
130.5
138.9
123.9
116.8
129.1
126.3
128.6
118.9
113.9
148.6
(0.50%)
(1.37%)
48
15.92
Buyback yield%
27.63
29.80
30.63
29.28
27.32
25.73
25.39
26.44
27.25
26.02
14.46
26.02
27.29
30
1.737
D/E ratiox
0.956
0.909
0.922
0.988
0.970
0.940
0.916
1.049
1.115
1.073
0.281
1.049
0.963
87
0.365
Enterprise value¥B
1.970
1.776
1.613
1.670
1.554
1.629
1.492
1.456
1.396
1.402
1.928
(2.03%)
(4.33%)
85
1.654
LT debt¥B
1.151
1.118
1.282
1.237
1.444
1.501
1.717
1.790
1.808
2.083
0.878
7.60%
6.83%
28
Revenue
¥2.217B
3.48%
1.00×
Cost of revenue
¥1.430B
3.31%
0.98×
Operating expenses
¥561.6M
4.05%
1.06×
Goodwill & intangibles
14.98%
Spread over hurdle
(2.75%)