553.1
Revenue¥M
571.3
606.9
639.4
671.1
712.3
743.5
795.5
847.7
898.2
977.9
616.8
6.54%
6.27%
26
15.10
Revenue growth%
22.54
21.74
20.46
19.17
20.07
21.70
22.21
24.81
23.33
21.25
24.56
22.21
21.72
77
13.60
Gross margin%
6.53
4.11
5.18
5.19
8.13
10.06
8.92
9.73
9.13
9.90
4.17
9.73
8.53
54
29.02
Operating margin%
0.40
0.72
0.40
0.40
2.34
5.10
5.04
3.99
4.19
1.95
25.71
4.19
2.14
47
16.73
Net margin%
4.34
7.32
7.05
4.19
2.55
0.46
1.32
3.57
1.20
0.40
26.87
1.20
3.06
82
36.24
P/E ratio (avg)x
26.62
29.01
24.85
21.66
20.43
19.39
19.18
17.26
16.04
16.85
18.67
17.26
19.91
46
16.35
EV/EBITx
28.46
31.19
32.06
32.65
36.71
38.69
40.40
41.77
39.91
39.86
13.16
39.91
37.70
84
10.05
FCF yield (avg)%
20.57
23.25
20.90
22.33
24.73
23.87
23.01
25.27
23.67
23.74
27.46
23.74
23.46
8
26.94
FCF margin%
15.47
16.87
18.58
19.29
19.71
19.50
18.17
17.12
16.61
19.34
9.91
18.17
18.37
72
1.346
FCF / Net incomex
1.321
1.380
1.394
1.358
1.469
1.715
1.850
1.982
2.114
2.437
0.883
1.982
1.592
36
3.91
ROIC%
7.97
9.58
8.98
11.94
12.26
9.75
11.07
11.08
13.21
13.41
14.57
11.08
11.07
11
25.40
Return on equity%
8.94
6.96
4.13
1.50
3.65
3.97
2.81
3.06
1.43
0.82
25.93
2.81
3.35
10
3.31
Return on assets%
26.31
28.15
31.09
31.90
32.16
34.31
33.46
31.40
32.51
33.25
23.43
33.25
32.03
51
2.20
EPS¥
12.72
15.29
16.26
16.98
18.99
18.49
20.57
23.71
28.02
32.49
2.43
11.33%
10.39%
—
20.40
EPS growth%
10.60
9.39
9.88
8.03
5.08
6.25
4.79
7.17
7.54
5.11
19.44
6.25
7.36
79
5.05
Bookvalue per sh¥
6.74
6.10
6.13
6.12
5.57
5.08
4.91
4.95
4.45
4.35
6.70
(4.84%)
(4.37%)
—
7.48
FCF per share¥
2.67
2.63
2.60
2.70
2.95
3.13
3.51
3.42
3.21
3.64
3.61
4.31%
2.59%
—
4.41
Dividend per sh¥
9.87
11.02
10.53
10.79
11.29
10.81
11.20
10.31
11.55
13.35
6.38
3.40%
4.45%
—
26.62
Div yield (avg)%
9.64
12.33
13.24
14.40
14.22
15.27
13.77
16.00
15.49
13.42
17.05
15.27
14.00
39
26.08
Payout ratio%
12.70
15.34
14.07
15.27
17.08
15.89
17.79
17.77
14.86
12.37
13.32
15.89
15.31
47
76.31
Shares (diluted)M
97.83
103.8
101.2
97.60
93.54
90.95
87.44
84.84
97.99
103.2
76.71
1.98%
1.20%
51
6.46
Buyback yield%
20.27
19.90
20.96
23.51
23.72
22.18
20.91
19.10
20.98
23.62
9.27
20.98
20.97
73
1.073
D/E ratiox
1.012
1.088
1.150
1.081
1.123
1.000
0.997
0.994
0.958
0.924
1.283
0.994
1.006
20
457.8
Enterprise value¥M
437.6
409.4
349.7
347.0
326.1
302.4
311.8
274.2
299.5
277.1
902.8
(3.20%)
(5.37%)
27
739.2
LT debt¥M
581.3
576.3
574.8
530.3
550.1
496.9
541.2
599.2
557.6
617.9
474.0
2.35%
(0.59%)
67
Revenue
¥977.9M
6.27%
1.00×
Cost of revenue
¥680.2M
6.31%
1.00×
Operating expenses
¥141.6M
6.73%
1.04×
Spread over hurdle
(6.19%)