2.335
Revenue¥B
2.715
2.866
3.026
3.127
3.354
3.507
3.697
3.944
4.132
4.335
2.519
5.27%
5.60%
39
20.18
Revenue growth%
6.13
7.05
6.43
4.93
5.20
5.04
5.09
4.09
6.17
8.71
18.41
5.09
5.67
67
15.61
Gross margin%
6.62
7.01
8.18
6.59
9.55
8.37
10.83
8.60
9.33
11.11
12.61
9.33
8.49
85
12.24
Operating margin%
1.37
3.31
6.25
8.11
6.38
7.29
9.96
11.65
9.18
8.64
23.62
9.18
7.70
93
8.75
Net margin%
28.10
26.66
28.51
27.81
25.36
24.47
24.51
21.78
20.74
20.03
19.12
21.78
24.94
43
14.05
P/E ratio (avg)x
11.62
12.42
13.39
14.51
15.01
17.11
17.47
18.42
22.00
23.03
25.03
18.42
16.06
26
31.46
EV/EBITx
45.22
50.96
48.92
57.46
68.65
80.96
88.34
92.93
105.5
109.9
25.51
92.93
74.81
78
9.60
FCF yield (avg)%
23.68
24.79
21.93
24.91
27.00
27.45
28.99
26.42
26.54
25.65
22.56
26.54
26.03
86
17.75
FCF margin%
30.16
29.13
29.37
29.68
31.43
29.33
28.30
30.88
30.15
32.50
21.78
30.15
29.92
64
0.986
FCF / Net incomex
0.468
0.484
0.421
0.463
0.468
0.478
0.526
0.515
0.543
0.474
1.020
0.515
0.476
53
11.80
ROIC%
6.24
8.50
6.57
6.58
6.95
9.13
8.80
11.65
9.86
7.32
7.53
9.13
7.91
54
8.33
Return on equity%
16.27
14.42
17.15
15.94
18.77
21.44
19.18
17.52
19.22
19.72
17.27
19.22
18.15
31
10.88
Return on assets%
2.72
1.66
2.43
2.67
0.40
0.63
1.36
4.30
2.90
1.70
19.31
1.70
2.06
63
6.01
EPS¥
7.31
7.67
8.12
9.31
8.86
9.89
9.65
10.47
10.76
10.98
6.17
4.38%
5.43%
—
22.84
EPS growth%
20.22
21.28
23.55
26.30
24.64
25.87
23.49
24.93
22.66
22.13
27.19
23.49
23.52
43
9.21
Bookvalue per sh¥
2.80
2.92
2.70
2.66
2.85
2.87
2.68
2.67
2.30
2.30
6.71
(4.17%)
(3.34%)
—
7.15
FCF per share¥
7.11
6.90
6.65
6.76
6.19
6.54
6.52
5.58
5.47
5.84
5.02
(1.16%)
(3.41%)
—
7.54
Dividend per sh¥
5.73
5.91
6.77
6.65
6.52
6.64
7.59
7.59
7.49
8.11
7.47
4.47%
4.80%
—
26.97
Div yield (avg)%
21.11
19.49
20.24
20.70
18.64
17.90
20.87
20.02
19.32
19.30
25.93
19.32
19.75
81
18.16
Payout ratio%
11.72
9.74
7.35
7.48
5.42
5.74
6.99
8.17
5.67
4.31
4.33
5.74
7.17
84
267.3
Shares (diluted)M
333.3
379.5
433.8
473.9
513.7
559.1
610.5
647.7
775.2
846.1
277.4
10.49%
10.35%
75
2.09
Buyback yield%
9.59
11.96
11.33
10.95
8.71
7.76
8.98
6.76
5.09
6.26
29.67
6.76
8.85
21
1.159
D/E ratiox
1.355
1.399
1.481
1.352
1.415
1.401
1.316
1.465
1.589
1.802
0.287
1.465
1.408
13
2,531
Enterprise value¥M
243.4
222.1
212.0
200.9
202.7
187.7
166.9
154.9
147.0
156.2
404.7
(5.08%)
(4.03%)
6
1.836
LT debt¥B
0.776
0.804
0.851
0.919
1.013
0.980
0.982
1.133
1.189
1.198
1.069
3.41%
5.99%
58
Revenue
¥4.335B
5.60%
1.00×
Cost of revenue
¥2.730B
5.92%
1.03×
Operating expenses
¥1.006B
5.24%
0.97×
Goodwill & intangibles
16.16%
Spread over hurdle
(5.62%)