31.30
Revenue¥M
304.2
325.4
338.8
356.5
373.0
401.9
431.4
464.5
494.5
523.1
33.30
7.00%
6.08%
58
17.16
Revenue growth%
18.85
16.47
18.99
20.87
22.41
24.11
25.02
23.03
25.10
27.48
12.00
25.02
22.72
27
21.71
Gross margin%
29.44
29.33
31.72
34.25
31.33
32.60
29.70
27.76
25.82
24.55
24.36
27.76
29.57
17
9.80
Operating margin%
25.23
23.53
23.28
21.60
20.34
22.98
25.20
24.68
22.73
24.56
18.36
24.56
23.40
77
19.10
Net margin%
27.23
25.53
24.87
25.42
27.15
27.34
27.55
26.28
23.87
21.33
21.47
26.28
25.91
17
14.82
P/E ratio (avg)x
14.99
15.15
15.61
16.89
15.28
15.52
16.11
17.37
17.94
16.38
17.27
16.38
15.86
87
21.01
EV/EBITx
13.45
13.20
13.10
14.59
17.47
17.40
17.30
19.99
22.64
23.11
24.54
19.99
17.35
30
14.78
FCF yield (avg)%
15.29
17.47
17.38
18.79
19.21
19.24
18.29
18.97
16.99
14.43
20.65
18.29
17.88
74
4.30
FCF margin%
10.70
12.43
13.54
13.84
13.62
12.11
11.54
11.58
13.69
12.01
28.69
12.01
12.27
34
1.168
FCF / Net incomex
1.585
1.457
1.438
1.397
1.413
1.468
1.279
1.244
1.171
1.048
0.558
1.244
1.405
34
28.75
ROIC%
30.91
29.58
32.22
34.37
33.24
32.02
34.47
31.52
28.92
29.18
18.10
31.52
31.77
71
28.83
Return on equity%
18.88
18.55
19.69
16.70
17.77
20.24
20.56
22.69
23.26
22.29
28.68
22.29
19.96
18
27.66
Return on assets%
8.28
6.86
8.09
10.57
13.05
10.63
8.39
5.74
5.13
5.07
6.75
5.74
8.19
57
1.29
EPS¥
3.47
3.72
4.36
5.15
5.00
5.77
6.72
7.50
7.52
8.30
1.38
10.67%
9.12%
—
27.06
EPS growth%
18.24
15.37
15.62
15.80
14.44
14.21
11.86
13.90
14.16
13.31
12.32
13.90
14.32
46
5.21
Bookvalue per sh¥
3.83
4.61
5.49
6.53
7.51
8.77
9.01
10.46
10.74
10.99
2.49
7.91%
11.21%
—
4.79
FCF per share¥
1.69
1.48
1.40
1.30
1.39
1.37
1.22
1.14
1.16
1.04
1.80
(5.54%)
(4.53%)
—
3.08
Dividend per sh¥
1.36
1.40
1.20
1.26
1.21
1.29
1.32
1.25
1.23
1.29
4.83
1.32%
(2.10%)
—
7.32
Div yield (avg)%
21.40
23.72
21.94
21.57
21.17
24.17
24.88
26.47
28.50
26.71
9.60
26.47
23.94
66
17.77
Payout ratio%
3.00
0.43
0.40
0.40
3.21
0.47
0.40
0.40
0.40
1.38
7.88
0.40
0.42
35
93.28
Shares (diluted)M
68.75
64.20
62.78
66.72
67.91
69.50
75.57
68.16
71.18
75.30
95.55
2.09%
(0.56%)
58
4.81
Buyback yield%
7.73
5.51
4.87
4.19
6.33
8.16
7.89
10.38
12.10
13.35
7.11
10.38
7.81
71
1.571
D/E ratiox
0.992
1.113
1.256
1.393
1.355
1.501
1.694
1.878
1.812
2.036
0.605
1.812
1.447
82
0.304
Enterprise value¥B
0.874
0.909
1.016
0.986
1.036
1.197
1.307
1.441
1.417
1.584
0.116
8.86%
7.13%
16
342.0
LT debt¥M
197.8
188.7
206.5
194.5
184.9
172.6
153.6
165.1
158.3
159.0
229.2
(2.97%)
(2.92%)
16
Revenue
¥523.1M
6.08%
1.00×
Cost of revenue
¥363.4M
6.33%
1.02×
Operating expenses
¥69.54M
5.10%
0.91×
Cash and investments
19.25%
Spread over hurdle
10.52%