271.2
Revenue¥M
422.3
446.5
466.3
496.7
528.7
569.6
604.8
626.5
661.3
706.0
280.0
5.96%
5.82%
84
24.00
Revenue growth%
21.29
19.80
21.77
19.47
16.72
17.08
18.65
19.43
18.53
15.93
16.98
18.53
19.04
90
16.70
Gross margin%
3.30
5.60
6.57
3.87
5.90
7.80
5.30
6.81
3.91
5.26
27.72
5.30
5.45
79
19.28
Operating margin%
16.05
15.05
16.52
16.52
17.82
18.74
17.44
16.92
18.41
18.00
11.08
18.00
17.18
43
23.72
Net margin%
4.44
4.58
7.51
6.96
7.74
8.25
7.13
10.04
12.15
11.33
6.07
10.04
7.63
90
25.35
P/E ratio (avg)x
24.45
25.76
24.18
23.03
20.60
19.18
17.79
17.91
17.36
17.51
34.08
17.79
19.89
86
21.47
EV/EBITx
16.13
18.37
17.48
19.79
21.39
24.11
27.44
30.81
30.88
34.38
25.66
30.81
22.75
75
14.35
FCF yield (avg)%
16.64
16.84
15.19
17.96
19.37
17.43
15.13
16.68
18.41
18.10
18.44
17.43
17.14
60
10.72
FCF margin%
25.00
27.52
27.04
24.90
26.32
29.30
31.45
32.46
32.79
32.15
25.25
32.15
28.41
88
1.447
FCF / Net incomex
0.453
0.470
0.433
0.441
0.457
0.484
0.505
0.544
0.585
0.565
1.277
0.544
0.477
34
17.18
ROIC%
5.70
6.62
4.97
3.79
1.75
0.40
0.40
1.89
1.51
0.86
7.81
0.86
1.82
30
25.10
Return on equity%
4.19
7.02
9.55
10.18
8.89
9.13
11.25
10.26
10.03
8.41
20.35
10.03
9.34
78
14.26
Return on assets%
13.21
15.79
17.25
16.53
13.87
13.86
14.16
12.56
15.13
12.65
10.78
13.86
14.01
75
1.54
EPS¥
1.39
1.38
1.33
1.40
1.66
1.95
2.33
2.77
2.94
3.44
1.65
15.70%
9.47%
—
25.59
EPS growth%
20.44
19.81
22.31
25.25
26.44
28.53
27.05
29.94
29.22
31.24
25.27
29.22
26.75
71
0.27
Bookvalue per sh¥
1.52
1.51
1.52
1.63
1.65
1.85
2.21
2.38
2.49
2.71
0.65
10.49%
6.81%
—
1.19
FCF per share¥
1.58
1.66
1.47
1.32
1.24
1.25
1.17
1.19
1.06
0.93
1.57
(5.56%)
(4.62%)
—
0.58
Dividend per sh¥
1.62
1.90
2.20
2.66
2.72
3.28
3.39
3.53
3.46
3.84
0.65
7.16%
8.83%
—
22.87
Div yield (avg)%
5.67
2.87
2.23
4.82
3.10
0.65
0.40
0.40
0.40
0.40
10.47
0.40
1.44
8
5.98
Payout ratio%
16.04
14.19
13.87
14.40
14.47
11.51
12.98
11.31
10.04
8.53
6.15
11.31
13.42
56
222.5
Shares (diluted)M
399.5
400.0
456.4
490.6
491.3
536.0
544.5
536.0
594.6
643.5
224.3
5.55%
5.78%
26
17.59
Buyback yield%
5.88
8.70
7.64
5.24
3.11
3.25
4.39
7.06
4.89
7.52
18.89
4.89
5.56
61
0.133
D/E ratiox
1.007
0.979
1.172
1.311
1.335
1.346
1.353
1.520
1.481
1.777
0.200
1.481
1.340
77
0.195
Enterprise value¥B
0.871
1.023
1.107
1.292
1.537
1.570
1.554
1.806
2.030
2.191
0.565
7.36%
11.51%
32
440.8
LT debt¥M
219.9
214.0
217.8
242.9
254.1
248.7
245.4
264.9
294.3
350.3
484.8
6.63%
5.76%
55
Revenue
¥706.0M
5.82%
1.00×
Cost of revenue
¥494.2M
5.82%
1.00×
Operating expenses
¥121.9M
5.03%
0.93×
Property and equipment
18.18%
Spread over hurdle
(0.85%)