1.079
Revenue¥B
1.225
1.295
1.342
1.440
1.509
1.605
1.710
1.821
1.971
2.076
1.182
6.59%
5.80%
48
12.11
Revenue growth%
6.36
5.49
6.34
8.31
9.15
6.61
3.63
4.21
2.14
4.30
3.54
4.21
5.91
12
24.46
Gross margin%
8.71
9.50
12.32
9.36
10.94
9.29
7.63
8.41
7.60
10.23
20.65
8.41
9.32
76
26.41
Operating margin%
22.98
25.66
25.87
23.59
20.85
21.89
20.67
23.00
21.74
23.32
23.31
21.89
22.99
76
21.41
Net margin%
14.99
12.64
12.68
10.38
10.58
10.10
9.56
11.83
11.70
14.56
5.46
11.70
11.77
48
23.15
P/E ratio (avg)x
32.75
36.29
38.73
39.19
44.92
49.78
47.04
50.73
52.07
50.64
33.52
50.64
45.98
87
34.67
EV/EBITx
11.38
11.78
11.24
9.801
9.115
9.335
9.170
9.806
10.42
9.413
27.70
9.413
9.803
8
28.20
FCF yield (avg)%
6.25
4.78
3.67
5.26
3.00
5.45
7.76
9.47
9.14
6.42
25.10
7.76
5.85
78
19.71
FCF margin%
5.05
6.11
5.83
6.97
9.46
8.21
6.26
6.21
6.79
9.55
11.73
6.79
6.53
56
1.337
FCF / Net incomex
2.665
2.995
3.436
3.833
4.167
4.258
4.475
4.701
5.133
6.016
0.914
4.701
4.212
85
2.09
ROIC%
20.58
20.05
21.85
20.73
19.16
21.60
19.29
21.80
21.77
23.82
13.97
21.77
21.16
25
12.32
Return on equity%
19.27
16.91
16.20
15.64
15.65
13.23
13.02
11.29
10.29
10.51
27.90
11.29
14.43
82
23.55
Return on assets%
9.43
11.58
11.39
12.44
11.99
13.93
13.27
11.91
11.21
10.10
11.11
11.91
11.75
86
0.80
EPS¥
0.46
0.48
0.48
0.51
0.48
0.43
0.41
0.45
0.42
0.41
0.86
(3.22%)
(0.95%)
—
28.12
EPS growth%
28.82
30.15
28.25
26.75
24.94
23.22
23.76
21.70
20.97
21.80
3.23
21.80
24.35
83
0.40
Bookvalue per sh¥
0.32
0.33
0.31
0.30
0.33
0.35
0.37
0.35
0.33
0.34
2.00
0.71%
(0.93%)
—
1.86
FCF per share¥
0.52
0.55
0.48
0.52
0.50
0.51
0.56
0.56
0.51
0.53
1.45
1.03%
(0.17%)
—
0.54
Dividend per sh¥
1.88
1.95
1.86
1.65
1.60
1.42
1.50
1.53
1.36
1.42
1.91
(2.32%)
(2.45%)
—
23.61
Div yield (avg)%
4.04
6.91
9.80
7.90
5.61
3.92
3.04
2.10
3.26
2.06
24.79
3.04
3.98
62
19.34
Payout ratio%
27.88
25.28
26.31
25.78
23.38
23.88
26.63
28.74
26.47
29.14
11.14
26.63
26.39
36
270.1
Shares (diluted)M
386.8
433.1
491.8
536.2
582.4
646.8
665.3
669.6
651.7
638.2
259.8
1.85%
5.87%
77
26.53
Buyback yield%
13.83
15.67
18.33
15.67
17.83
19.28
18.07
15.59
16.57
18.00
20.63
18.00
17.20
35
1.680
D/E ratiox
1.584
1.719
1.673
1.682
1.907
2.067
2.444
2.319
2.570
2.435
1.301
2.435
1.987
29
0.671
Enterprise value¥B
0.943
0.902
0.877
0.872
0.955
0.950
0.944
1.013
1.042
1.125
0.707
3.33%
2.91%
66
1.453
LT debt¥B
0.797
0.743
0.712
0.760
0.778
0.741
0.707
0.694
0.686
0.709
1.257
(1.84%)
(1.92%)
48
Revenue
¥2.076B
5.80%
1.00×
Cost of revenue
¥1.193B
5.94%
1.01×
Operating expenses
¥287.8M
5.48%
0.97×
Spread over hurdle
19.13%