1.376
Revenue¥B
0.669
0.712
0.780
0.839
0.923
1.006
1.086
1.173
1.271
1.356
1.473
7.99%
8.06%
92
29.27
Revenue growth%
6.56
7.98
10.15
10.34
8.21
7.98
5.52
3.45
5.79
8.30
14.08
5.79
7.98
28
17.57
Gross margin%
26.71
29.20
26.32
26.12
24.15
24.77
25.50
22.95
20.18
22.32
19.66
22.95
25.14
44
11.67
Operating margin%
0.40
2.03
2.00
2.04
0.40
1.60
0.40
0.40
0.40
0.40
3.18
0.40
0.40
48
19.70
Net margin%
24.00
24.22
23.78
26.21
28.23
27.38
26.08
27.56
26.60
28.65
7.22
27.38
26.40
43
20.88
P/E ratio (avg)x
8.468
8.140
8.215
9.051
10.07
9.854
10.20
11.06
11.32
12.02
31.87
11.06
9.962
86
17.64
EV/EBITx
58.46
54.73
57.41
65.08
61.82
63.75
61.93
57.44
53.05
54.24
20.18
57.44
57.95
35
2.37
FCF yield (avg)%
30.40
29.79
27.47
26.71
24.01
21.16
21.44
20.18
21.83
23.06
29.60
21.44
23.53
67
5.31
FCF margin%
25.90
25.24
25.99
27.90
30.56
28.29
30.98
30.78
31.56
29.15
14.23
30.78
28.72
24
0.590
FCF / Net incomex
1.945
1.796
1.803
1.971
2.018
2.126
1.941
1.816
1.877
1.678
1.708
1.877
1.909
53
14.56
ROIC%
17.46
18.75
17.40
14.97
17.94
16.29
15.85
17.88
19.16
19.31
22.63
17.88
17.67
61
11.29
Return on equity%
6.81
4.86
2.36
4.01
1.60
1.52
0.40
0.40
3.02
1.07
27.32
1.07
1.98
84
13.15
Return on assets%
6.53
4.71
3.89
3.74
5.95
5.84
4.09
2.83
5.67
4.55
10.96
4.55
4.63
25
2.65
EPS¥
3.49
3.39
3.04
2.81
2.89
2.50
2.26
2.04
1.86
1.87
2.75
(8.36%)
(5.92%)
—
25.84
EPS growth%
4.27
6.52
8.39
10.33
12.47
13.50
14.89
16.55
17.85
17.24
19.11
16.55
12.99
92
3.21
Bookvalue per sh¥
1.24
1.28
1.38
1.20
1.24
1.11
1.07
0.98
1.01
0.88
4.30
(6.68%)
(2.75%)
—
2.35
FCF per share¥
7.43
8.78
10.44
10.44
11.51
11.57
11.35
11.66
13.98
13.91
3.58
3.86%
8.05%
—
1.19
Dividend per sh¥
7.17
7.31
7.75
8.87
9.49
9.39
10.04
10.97
11.95
12.64
2.18
5.90%
6.17%
—
14.05
Div yield (avg)%
22.68
25.51
27.35
30.15
29.54
29.82
27.07
26.30
25.10
22.97
12.92
26.30
26.68
24
19.50
Payout ratio%
18.56
19.46
17.99
17.99
20.62
18.23
17.13
20.03
22.16
19.97
6.20
19.97
19.01
90
189.9
Shares (diluted)M
232.0
231.0
209.9
202.1
192.0
200.2
196.4
174.0
156.2
154.1
197.4
(4.31%)
(3.85%)
14
22.12
Buyback yield%
3.76
6.52
9.51
9.28
9.21
10.59
8.08
8.47
8.75
9.19
16.21
8.75
8.97
75
0.401
D/E ratiox
2.079
2.012
1.942
1.953
2.129
2.080
2.118
2.246
2.500
2.839
0.959
2.246
2.099
16
203.9
Enterprise value¥M
603.8
582.5
503.2
430.4
444.3
474.7
448.2
472.1
471.7
470.5
430.0
1.15%
(2.38%)
67
1.121
LT debt¥B
0.828
0.954
1.045
1.051
1.197
1.284
1.481
1.630
1.886
2.077
0.432
11.64%
11.12%
34
Revenue
¥1.356B
8.06%
1.00×
Cost of revenue
¥865.6M
8.52%
1.04×
Operating expenses
¥245.0M
7.38%
0.94×
Goodwill & intangibles
17.81%
Cash and investments
14.75%
Spread over hurdle
(1.42%)