790.0
Revenue¥M
518.2
565.4
599.4
631.1
661.6
710.1
740.6
779.8
845.3
921.7
830.8
6.86%
6.75%
11
27.95
Revenue growth%
5.81
5.60
4.34
3.96
1.68
1.39
2.70
4.01
1.06
0.40
26.61
1.39
3.33
14
13.23
Gross margin%
9.56
8.28
9.51
10.46
9.17
7.46
4.95
4.66
1.81
3.87
26.11
4.66
7.87
84
15.03
Operating margin%
12.57
10.61
10.38
9.87
11.91
10.53
10.88
12.64
9.71
11.29
27.27
10.88
10.75
47
20.97
Net margin%
2.35
0.40
0.40
0.40
0.40
1.37
0.85
2.00
4.59
7.24
28.22
2.00
1.11
13
17.36
P/E ratio (avg)x
22.46
22.15
20.97
21.12
23.05
25.69
28.87
27.78
27.52
26.76
21.64
27.52
24.37
77
27.72
EV/EBITx
15.59
18.17
20.87
21.07
21.39
23.29
25.03
24.89
24.07
23.44
6.263
24.07
22.34
43
20.44
FCF yield (avg)%
35.18
37.85
37.92
38.54
38.89
40.36
37.93
38.61
35.81
38.67
18.49
38.61
38.24
15
5.16
FCF margin%
16.56
14.81
16.59
17.00
19.53
21.83
19.69
21.43
21.43
20.70
14.64
21.43
19.61
59
0.683
FCF / Net incomex
2.049
1.975
2.039
1.958
2.181
2.287
2.664
2.896
2.823
3.272
0.508
2.823
2.234
94
4.25
ROIC%
13.29
11.58
11.29
10.27
8.39
6.89
9.55
12.22
12.45
15.13
13.70
12.22
11.44
79
13.32
Return on equity%
24.78
22.11
22.55
25.52
26.21
28.73
31.03
33.04
35.51
34.97
10.01
33.04
27.47
17
14.01
Return on assets%
17.23
15.93
16.06
14.31
16.32
16.71
14.18
15.59
13.21
11.31
23.36
14.18
15.76
7
1.57
EPS¥
8.15
9.19
9.20
9.65
9.22
9.05
9.44
10.98
12.67
13.77
1.65
8.36%
6.91%
—
4.58
EPS growth%
27.08
24.20
24.66
25.90
23.27
23.79
25.31
24.14
26.48
24.65
8.55
24.65
24.66
15
0.95
Bookvalue per sh¥
6.13
7.01
8.11
9.20
10.01
10.68
11.99
11.75
12.91
12.98
1.41
5.33%
8.81%
—
4.14
FCF per share¥
2.21
1.89
1.80
1.56
1.45
1.33
1.22
1.29
1.35
1.44
5.03
(0.19%)
(4.44%)
—
3.08
Dividend per sh¥
6.12
6.94
7.70
7.59
7.39
7.62
7.21
7.82
7.60
7.76
4.37
0.98%
3.33%
—
14.01
Div yield (avg)%
17.83
15.09
16.10
14.50
15.38
16.11
16.74
18.32
20.74
20.02
12.36
18.32
16.42
24
14.11
Payout ratio%
28.56
31.21
30.38
32.34
34.77
37.71
36.91
36.87
34.47
32.32
4.38
36.87
33.40
32
180.4
Shares (diluted)M
283.8
286.7
333.2
378.9
446.1
530.4
631.4
717.7
814.2
943.1
182.2
16.15%
12.83%
90
9.01
Buyback yield%
18.51
15.75
17.82
17.51
17.31
19.59
19.84
21.66
21.30
19.91
9.18
19.91
19.05
87
0.267
D/E ratiox
0.418
0.460
0.486
0.445
0.438
0.390
0.364
0.374
0.352
0.333
1.190
0.364
0.404
26
0.753
Enterprise value¥B
0.795
0.854
0.873
0.952
1.123
1.180
1.204
1.246
1.208
1.322
0.121
3.31%
5.20%
95
0.479
LT debt¥B
1.188
1.338
1.452
1.522
1.598
1.883
1.957
2.194
2.399
2.669
0.806
10.80%
10.39%
5
Revenue
¥921.7M
6.75%
1.00×
Cost of revenue
¥566.3M
6.81%
1.01×
Operating expenses
¥191.8M
6.16%
0.95×
Property and equipment
13.58%
Spread over hurdle
(5.56%)