49.79
Revenue¥M
389.0
416.7
429.3
457.9
484.3
509.4
543.9
564.2
603.2
643.5
54.53
5.85%
5.87%
36
10.90
Revenue growth%
21.93
24.38
23.86
23.59
24.99
25.78
26.44
27.03
28.23
25.95
13.17
26.44
25.38
80
25.44
Gross margin%
0.40
0.40
0.40
0.40
1.41
0.40
0.99
0.40
2.07
2.72
20.35
0.99
0.40
71
29.09
Operating margin%
20.29
21.02
23.81
23.39
24.54
26.59
25.50
22.97
20.84
21.67
27.91
22.97
23.18
26
24.45
Net margin%
26.36
24.89
23.79
25.25
24.75
22.20
23.29
21.42
19.70
18.26
17.32
21.42
23.54
63
31.68
P/E ratio (avg)x
17.87
20.07
22.14
23.54
22.87
23.63
27.24
29.84
30.93
30.96
27.91
29.84
23.59
26
29.01
EV/EBITx
22.33
23.23
23.57
24.60
24.76
24.27
24.38
25.94
26.58
25.67
10.56
25.67
24.49
13
11.86
FCF yield (avg)%
17.04
16.35
15.71
13.25
10.38
10.82
9.99
11.27
10.68
7.72
9.08
10.68
11.05
28
24.58
FCF margin%
10.86
10.81
13.60
16.35
17.56
19.63
21.56
19.44
17.38
18.81
20.48
19.44
17.47
56
1.165
FCF / Net incomex
1.542
1.672
1.925
1.869
1.840
2.179
2.441
2.607
2.971
3.239
1.189
2.607
2.052
68
23.87
ROIC%
27.52
26.16
23.39
24.84
25.00
23.24
26.00
28.86
31.36
31.81
19.66
28.86
26.08
56
23.05
Return on equity%
17.34
18.03
19.13
17.83
16.79
13.82
12.98
12.42
14.61
11.73
9.85
12.98
15.70
30
6.75
Return on assets%
19.86
22.59
22.45
24.10
24.89
27.07
29.98
29.58
30.91
30.24
6.17
29.98
25.98
71
1.18
EPS¥
0.29
0.28
0.25
0.24
0.24
0.22
0.22
0.21
0.21
0.19
1.27
(4.89%)
(4.18%)
—
11.01
EPS growth%
7.41
5.11
5.41
8.24
7.51
9.85
8.43
8.13
8.82
6.63
4.57
8.43
7.82
89
0.74
Bookvalue per sh¥
0.14
0.15
0.15
0.15
0.14
0.14
0.16
0.15
0.14
0.13
1.24
(2.40%)
(1.01%)
—
1.10
FCF per share¥
0.87
0.99
1.04
1.14
1.22
1.36
1.40
1.64
1.61
1.71
0.83
7.07%
8.63%
—
0.20
Dividend per sh¥
0.60
0.71
0.85
1.00
1.05
1.14
1.12
1.11
1.16
1.30
1.11
4.36%
8.33%
—
15.14
Div yield (avg)%
9.24
9.12
10.09
10.09
9.54
10.81
9.57
8.13
5.59
6.84
23.97
8.13
9.39
23
8.07
Payout ratio%
26.08
28.74
27.14
24.83
23.97
23.26
22.89
22.95
21.44
20.29
15.70
22.89
23.62
45
409.6
Shares (diluted)M
336.5
348.9
342.0
305.2
269.5
264.3
284.3
277.8
293.0
256.2
398.0
(1.01%)
(2.21%)
24
24.49
Buyback yield%
0.40
0.40
1.63
4.07
4.66
7.40
9.07
11.13
10.25
8.63
20.83
9.07
6.03
30
1.502
D/E ratiox
0.898
0.972
0.995
0.925
0.970
0.905
0.976
0.917
0.978
1.019
0.778
0.976
0.971
80
672.7
Enterprise value¥M
279.9
288.2
307.0
311.0
300.8
273.5
286.3
304.7
318.5
276.1
283.7
(1.70%)
(1.13%)
27
330.6
LT debt¥M
42.59
45.49
41.92
43.57
43.35
41.67
42.38
39.82
35.92
31.48
55.50
(6.20%)
(3.73%)
95
Revenue
¥643.5M
5.87%
1.00×
Cost of revenue
¥338.7M
6.15%
1.03×
Operating expenses
¥138.0M
5.35%
0.95×
Goodwill & intangibles
19.41%
Spread over hurdle
13.78%