1.523
Revenue¥B
2.390
2.544
2.757
2.958
3.142
3.314
3.639
4.018
4.402
4.685
1.647
8.32%
8.02%
35
7.87
Revenue growth%
18.95
17.13
17.45
17.89
19.70
19.00
20.25
18.24
18.31
18.90
23.32
18.90
18.60
61
14.38
Gross margin%
5.77
4.22
2.75
0.40
1.62
0.40
0.65
3.18
6.17
3.92
20.11
3.18
2.97
39
23.50
Operating margin%
14.31
11.32
14.23
13.44
15.44
18.05
16.72
18.34
19.74
20.18
19.25
18.34
16.08
75
4.88
Net margin%
12.02
9.51
7.68
9.39
7.45
6.50
7.43
6.10
8.73
6.27
10.71
6.50
7.57
11
25.06
P/E ratio (avg)x
11.86
12.47
12.88
13.03
12.86
11.24
12.11
11.43
11.67
10.20
33.22
11.43
11.99
73
31.83
EV/EBITx
22.37
25.56
26.76
29.63
31.84
37.04
40.84
45.88
45.83
43.68
30.26
43.68
34.44
29
6.97
FCF yield (avg)%
5.35
3.41
5.16
7.48
9.65
11.32
12.27
9.28
8.35
5.40
10.30
9.28
7.91
79
19.61
FCF margin%
11.06
10.10
11.97
10.27
10.40
9.66
12.49
9.81
7.43
9.03
23.46
9.66
10.18
36
1.226
FCF / Net incomex
0.591
0.568
0.605
0.564
0.514
0.440
0.447
0.376
0.332
0.328
1.435
0.376
0.480
54
22.19
ROIC%
29.47
29.62
27.35
26.44
24.39
23.74
23.28
21.38
19.84
17.77
27.61
21.38
24.06
62
2.86
Return on equity%
18.58
18.58
19.64
20.00
18.61
16.24
15.89
16.80
15.35
17.55
26.75
16.24
18.06
76
15.12
Return on assets%
1.59
0.40
0.40
0.40
0.40
0.40
0.40
1.91
2.33
0.60
25.63
0.60
0.40
27
2.27
EPS¥
7.41
7.76
7.39
8.31
9.42
9.60
10.14
11.96
12.17
14.26
2.47
8.64%
6.45%
—
7.73
EPS growth%
8.48
11.13
11.88
11.27
11.06
9.87
10.54
10.01
11.31
13.06
16.96
10.54
11.10
5
5.49
Bookvalue per sh¥
5.28
5.01
5.49
5.49
5.19
5.19
5.70
5.71
5.89
6.17
1.70
3.51%
1.68%
—
3.27
FCF per share¥
3.71
4.07
3.97
3.68
3.58
3.33
3.60
3.83
4.23
4.28
4.39
3.61%
0.72%
—
2.06
Dividend per sh¥
1.83
1.67
1.54
1.71
1.77
1.55
1.71
1.58
1.53
1.33
1.00
(5.58%)
(3.50%)
—
7.76
Div yield (avg)%
24.03
22.37
25.04
25.32
25.78
26.04
26.76
26.41
26.29
28.37
27.42
26.41
25.91
42
20.00
Payout ratio%
12.10
14.46
15.04
16.87
17.87
19.87
22.56
24.02
23.04
23.55
21.07
23.04
18.87
12
294.2
Shares (diluted)M
486.5
508.3
522.3
612.6
677.3
698.2
708.0
793.0
874.6
923.4
306.6
6.40%
8.27%
12
12.99
Buyback yield%
6.39
8.56
9.53
8.80
10.17
10.82
13.07
16.07
18.68
19.64
29.75
16.07
10.49
60
1.573
D/E ratiox
1.640
1.731
1.732
1.693
1.788
1.968
2.207
2.276
2.186
2.272
0.960
2.207
1.878
67
3.666
Enterprise value¥B
2.973
3.124
2.826
3.185
2.855
3.144
3.030
3.378
3.288
3.070
2.202
1.46%
0.27%
36
3.722
LT debt¥B
3.045
3.297
3.174
3.593
4.154
4.139
4.786
4.796
5.407
5.591
1.598
6.12%
5.90%
83
Revenue
¥4.685B
8.02%
1.00×
Cost of revenue
¥3.279B
8.02%
1.00×
Operating expenses
¥1.072B
8.67%
1.06×
Cash and investments
15.76%
Spread over hurdle
(3.15%)