248.3
Revenue¥M
330.7
348.2
357.1
364.1
383.8
403.3
426.5
438.8
444.4
449.7
278.0
3.22%
3.26%
35
4.17
Revenue growth%
10.52
10.98
12.98
10.02
10.85
11.90
11.59
11.17
13.40
16.32
14.29
11.90
11.38
83
18.13
Gross margin%
13.16
12.64
10.09
8.29
5.54
2.68
3.75
1.55
1.74
2.30
7.45
2.30
4.64
58
9.85
Operating margin%
11.73
9.60
10.83
11.88
11.62
11.88
13.52
13.37
15.30
17.84
16.84
13.52
11.88
44
13.95
Net margin%
25.92
28.65
28.77
28.06
30.78
29.48
30.80
29.31
29.51
29.43
3.93
29.48
29.37
80
25.09
P/E ratio (avg)x
10.52
11.29
11.89
12.48
12.26
11.88
11.70
11.10
9.911
10.66
33.68
11.10
11.50
26
29.37
EV/EBITx
23.42
26.33
25.99
29.92
33.88
35.36
39.48
38.71
39.05
43.47
26.89
39.05
34.62
86
15.46
FCF yield (avg)%
26.34
26.26
28.09
29.05
28.42
31.33
34.19
36.51
35.57
32.75
16.28
34.19
30.19
37
29.72
FCF margin%
20.11
20.11
19.85
19.02
16.66
18.33
18.37
20.57
19.17
21.56
28.81
19.17
19.51
26
0.562
FCF / Net incomex
0.810
0.934
1.086
1.031
1.185
1.209
1.199
1.186
1.352
1.331
1.314
1.209
1.185
94
27.48
ROIC%
16.05
16.62
16.45
18.70
18.74
21.31
21.03
19.98
20.07
23.03
16.42
21.03
19.36
63
11.72
Return on equity%
6.67
6.92
6.70
4.79
6.61
9.25
9.47
8.33
10.24
8.99
22.00
9.25
7.62
30
27.41
Return on assets%
17.27
15.40
16.54
17.11
14.34
14.69
17.19
19.02
19.78
21.76
21.67
19.02
17.15
69
0.63
EPS¥
1.09
1.15
1.16
1.15
1.20
1.13
1.22
1.33
1.50
1.59
0.66
5.72%
3.84%
—
7.33
EPS growth%
3.95
2.36
1.81
0.40
3.11
1.83
3.04
1.11
2.03
3.01
8.46
2.03
2.19
15
2.49
Bookvalue per sh¥
3.50
3.37
3.66
3.77
3.63
3.55
4.16
4.10
4.15
4.04
2.03
2.16%
2.86%
—
2.72
FCF per share¥
0.66
0.66
0.60
0.59
0.55
0.53
0.52
0.51
0.51
0.51
1.63
(1.59%)
(1.72%)
—
1.31
Dividend per sh¥
1.13
1.10
1.15
1.23
1.35
1.35
1.61
1.61
1.88
2.12
1.37
9.55%
6.90%
—
12.83
Div yield (avg)%
23.42
23.41
21.07
22.53
21.49
23.26
23.12
25.17
24.91
22.16
7.97
23.26
23.19
54
23.45
Payout ratio%
11.72
9.01
6.13
9.11
8.50
9.94
11.75
12.05
13.81
12.48
21.94
12.05
10.83
89
105.6
Shares (diluted)M
118.1
121.2
121.8
139.1
142.6
145.2
150.4
157.3
150.6
150.2
100.3
1.06%
2.02%
47
16.94
Buyback yield%
29.87
28.40
25.93
28.16
26.46
25.39
27.16
27.72
26.54
24.01
12.90
26.54
26.85
74
0.451
D/E ratiox
2.494
2.843
2.854
3.417
3.606
3.928
4.469
4.725
4.889
5.396
0.803
4.725
3.767
55
36.61
Enterprise value¥M
495.1
487.6
575.7
594.9
618.4
734.0
780.1
748.3
787.3
876.3
120.5
7.22%
7.08%
36
455.0
LT debt¥M
140.8
153.0
165.2
199.7
238.0
277.2
286.4
299.5
330.8
393.0
546.5
10.55%
12.77%
35
Revenue
¥449.7M
3.26%
1.00×
Cost of revenue
¥266.8M
3.61%
1.03×
Operating expenses
¥100.7M
2.77%
0.95×
Property and equipment
20.71%
Spread over hurdle
(3.36%)