148.9
Revenue¥M
257.3
265.4
269.9
267.8
269.8
277.2
279.1
282.6
284.0
281.9
163.9
0.88%
1.26%
55
3.87
Revenue growth%
6.66
5.08
3.05
3.66
4.05
3.20
0.40
0.40
0.72
0.40
5.81
0.40
3.12
63
13.09
Gross margin%
31.69
33.90
33.91
35.57
33.20
35.75
36.47
36.16
34.53
37.53
19.11
36.16
35.05
84
10.74
Operating margin%
28.73
29.29
31.35
30.40
27.86
26.33
25.99
24.53
27.24
25.74
15.84
25.99
27.55
19
13.21
Net margin%
6.03
5.52
2.63
1.83
2.27
2.81
3.09
3.51
3.78
5.93
21.28
3.51
3.30
24
33.50
P/E ratio (avg)x
22.93
24.99
27.14
24.55
22.65
22.13
21.48
21.64
22.88
23.97
20.06
22.13
22.90
92
16.92
EV/EBITx
12.55
13.53
14.18
16.08
15.34
17.13
18.66
20.60
23.68
22.92
26.04
20.60
16.61
39
28.32
FCF yield (avg)%
5.88
8.29
6.48
8.34
6.44
6.25
3.62
2.87
3.18
1.16
4.86
3.18
6.07
44
26.16
FCF margin%
23.20
24.77
26.78
28.80
31.34
32.13
32.61
35.03
34.26
32.82
24.07
32.82
31.73
16
0.588
FCF / Net incomex
0.946
0.922
0.977
1.043
0.979
1.096
1.115
1.272
1.322
1.290
1.230
1.272
1.069
68
13.47
ROIC%
4.18
3.52
2.96
5.51
5.30
5.14
5.72
8.33
8.33
10.20
13.84
8.33
5.40
76
12.95
Return on equity%
27.49
25.24
25.83
28.23
31.03
28.54
26.76
25.61
27.13
28.09
20.34
27.13
27.31
79
7.29
Return on assets%
28.15
29.41
29.00
31.67
31.29
32.60
30.04
31.38
31.92
29.63
22.15
31.38
30.67
79
1.80
EPS¥
0.96
0.96
0.98
0.91
0.90
0.86
0.96
0.97
1.08
1.06
1.99
3.26%
2.04%
—
20.29
EPS growth%
33.88
33.33
35.06
37.75
35.74
34.93
32.28
33.20
34.43
34.31
4.09
34.31
34.37
21
0.74
Bookvalue per sh¥
2.60
2.54
2.51
2.77
3.04
3.50
3.54
3.28
3.51
3.40
1.42
2.28%
2.49%
—
1.37
FCF per share¥
0.83
0.85
0.83
0.91
0.97
0.88
0.90
0.99
0.91
0.96
2.22
(0.20%)
1.05%
—
1.39
Dividend per sh¥
1.16
1.25
1.21
1.34
1.42
1.46
1.57
1.64
1.95
2.24
2.36
9.56%
8.55%
—
12.99
Div yield (avg)%
26.32
26.07
28.31
30.76
28.99
28.36
27.23
26.82
25.75
22.93
6.32
26.82
27.03
37
16.34
Payout ratio%
20.42
20.42
19.09
16.88
16.38
16.97
18.48
19.22
20.46
20.13
5.03
19.22
19.15
83
64.43
Shares (diluted)M
92.57
104.0
99.52
110.4
102.9
95.19
106.6
116.6
133.9
144.1
67.36
6.96%
5.12%
15
22.07
Buyback yield%
10.28
9.93
11.63
11.38
8.80
9.82
10.13
8.66
8.41
9.36
5.98
9.36
9.87
73
1.353
D/E ratiox
0.452
0.411
0.408
0.446
0.466
0.466
0.427
0.470
0.437
0.480
0.798
0.466
0.449
49
200.4
Enterprise value¥M
459.0
468.4
533.6
552.7
576.0
586.1
574.5
616.0
726.1
797.2
158.4
6.71%
5.84%
43
236.4
LT debt¥M
121.3
110.1
99.23
95.46
82.71
87.74
79.22
83.45
81.67
84.08
27.41
0.33%
(3.45%)
73
Revenue
¥281.9M
1.26%
1.00×
Cost of revenue
¥197.4M
1.26%
1.00×
Operating expenses
¥41.24M
1.20%
0.99×
Spread over hurdle
(0.95%)