2.031
Revenue¥B
1.360
1.474
1.595
1.716
1.859
2.049
2.165
2.350
2.583
2.818
2.258
8.68%
8.53%
20
7.29
Revenue growth%
8.18
8.28
9.44
11.06
12.33
11.51
11.38
13.35
12.80
10.54
8.18
11.51
11.22
72
16.59
Gross margin%
20.88
22.40
22.18
20.48
21.23
21.11
18.18
15.97
18.78
21.35
26.53
18.78
20.99
24
3.07
Operating margin%
2.08
0.40
0.40
3.04
3.27
4.38
7.07
9.68
10.01
8.13
16.16
8.13
3.83
14
12.32
Net margin%
25.82
23.51
25.72
24.62
22.18
21.95
20.99
23.50
26.00
25.31
22.13
23.50
24.07
94
14.19
P/E ratio (avg)x
19.91
19.24
22.70
25.09
28.42
28.14
27.82
30.61
36.07
42.74
12.11
30.61
27.98
45
29.06
EV/EBITx
59.23
58.52
63.91
62.16
67.24
66.18
70.34
84.67
100.6
114.2
8.866
84.67
66.71
41
13.62
FCF yield (avg)%
3.70
4.66
6.28
9.21
7.87
8.96
7.68
4.97
6.71
6.03
26.81
6.71
6.50
82
19.45
FCF margin%
30.63
29.33
28.17
26.72
25.18
25.56
27.47
29.47
30.77
33.60
28.28
29.47
28.75
11
0.690
FCF / Net incomex
1.069
1.090
1.140
1.154
1.307
1.457
1.463
1.362
1.553
1.698
1.150
1.463
1.335
7
19.78
ROIC%
21.58
19.82
21.99
21.94
21.30
20.74
20.58
19.24
19.18
16.63
7.79
19.24
20.66
52
29.08
Return on equity%
19.84
21.32
23.65
25.36
24.11
26.06
26.96
27.17
27.23
24.88
3.17
26.96
25.12
10
14.60
Return on assets%
16.67
15.12
13.26
15.87
16.65
15.18
15.26
17.29
16.31
16.88
21.12
16.31
16.09
50
4.86
EPS¥
8.36
7.95
8.03
7.49
6.96
6.91
7.88
8.48
9.11
9.37
5.32
6.12%
1.53%
—
27.45
EPS growth%
20.08
19.23
20.42
18.72
21.63
18.86
19.53
17.48
15.67
15.59
11.89
17.48
19.04
35
10.65
Bookvalue per sh¥
7.08
7.92
8.99
9.12
10.41
9.52
10.50
9.71
9.78
10.39
5.31
(0.04%)
4.58%
—
7.93
FCF per share¥
4.59
4.61
4.05
4.21
3.97
3.51
3.80
3.73
3.71
3.91
1.72
(0.31%)
(1.89%)
—
7.74
Dividend per sh¥
10.14
10.69
11.15
10.82
9.39
9.53
9.21
8.21
7.17
6.69
9.15
(6.56%)
(3.36%)
—
8.77
Div yield (avg)%
1.03
2.87
3.80
5.01
6.03
8.50
9.25
7.80
5.29
7.88
20.20
7.88
5.66
57
11.27
Payout ratio%
3.51
6.05
5.90
2.94
0.47
2.69
4.43
3.53
0.56
0.40
8.10
2.69
3.22
70
195.0
Shares (diluted)M
202.7
176.7
180.5
167.1
146.9
143.0
132.9
137.8
150.3
136.8
188.0
(1.41%)
(3.24%)
50
28.32
Buyback yield%
32.10
34.44
36.05
38.96
39.25
40.57
37.82
35.21
36.06
37.12
6.60
37.12
36.59
59
0.575
D/E ratiox
0.464
0.494
0.486
0.458
0.440
0.463
0.445
0.459
0.418
0.437
0.664
0.445
0.458
90
174.6
Enterprise value¥M
273.2
265.8
271.1
238.8
215.0
227.0
218.9
218.0
211.2
218.6
337.5
0.33%
(1.81%)
44
1,367
LT debt¥M
334.7
347.3
384.5
438.2
504.8
554.0
542.3
581.3
575.2
553.9
678.0
1.87%
6.54%
51
Revenue
¥2.818B
8.53%
1.00×
Cost of revenue
¥1.539B
8.09%
0.96×
Operating expenses
¥727.6M
8.97%
1.04×
Cash and investments
19.85%
Spread over hurdle
18.85%