302.1
Revenue¥M
473.6
515.3
551.0
600.4
631.4
679.5
739.0
773.7
810.7
875.7
328.3
6.76%
7.10%
89
25.79
Revenue growth%
18.58
16.88
15.63
14.92
15.79
17.97
19.60
21.15
19.39
21.44
5.35
19.60
18.27
25
28.11
Gross margin%
26.88
24.72
27.09
24.96
27.27
28.04
27.27
25.43
27.10
25.51
25.89
27.10
26.98
20
15.47
Operating margin%
36.84
34.94
37.51
38.19
41.17
41.82
43.58
43.87
46.76
46.30
12.91
43.87
41.49
20
26.52
Net margin%
27.08
28.91
27.48
26.85
24.94
26.31
27.56
27.37
24.50
21.51
14.57
26.31
26.96
38
22.74
P/E ratio (avg)x
15.95
14.31
14.03
13.45
14.45
13.68
14.67
14.45
13.39
11.80
34.32
13.68
14.17
40
30.78
EV/EBITx
26.40
28.97
29.19
29.58
32.31
31.67
32.87
32.50
33.58
34.48
35.40
32.87
31.99
32
8.98
FCF yield (avg)%
15.21
14.51
14.10
13.06
15.22
12.59
10.28
10.33
11.79
12.27
7.35
11.79
12.82
57
20.23
FCF margin%
20.86
21.69
22.93
25.76
25.62
24.29
22.82
20.10
20.95
20.06
8.26
20.95
22.26
48
1.767
FCF / Net incomex
0.170
0.162
0.143
0.149
0.161
0.149
0.133
0.143
0.121
0.106
0.488
0.133
0.146
60
8.17
ROIC%
27.05
24.75
23.66
24.33
23.48
20.75
22.40
22.30
25.00
24.39
6.05
22.40
24.00
23
27.87
Return on equity%
27.30
25.45
25.03
23.52
26.39
24.60
24.81
27.07
29.61
30.78
23.17
27.07
25.92
89
6.34
Return on assets%
10.91
8.18
5.31
4.19
6.49
6.79
6.89
9.41
7.93
7.51
8.03
7.51
7.20
43
1.63
EPS¥
1.22
1.19
1.12
1.10
0.97
1.04
1.09
1.10
1.16
1.09
1.68
2.44%
(0.96%)
—
4.67
EPS growth%
19.27
16.71
13.93
13.24
15.61
17.65
20.19
19.35
21.63
24.20
13.98
20.19
18.46
66
1.69
Bookvalue per sh¥
1.50
1.75
2.02
2.15
2.07
2.04
2.32
2.29
2.71
3.16
1.46
8.83%
7.63%
—
0.59
FCF per share¥
0.60
0.64
0.71
0.79
0.88
1.00
0.98
0.97
1.00
1.09
0.84
4.23%
6.65%
—
1.83
Dividend per sh¥
1.67
1.54
1.65
1.64
1.44
1.48
1.35
1.18
1.11
0.96
1.67
(7.82%)
(5.25%)
—
6.36
Div yield (avg)%
28.33
28.80
27.34
29.55
30.62
33.46
35.84
34.45
32.64
30.82
8.94
33.46
30.72
51
14.18
Payout ratio%
24.59
23.65
24.98
22.71
20.38
18.97
17.50
15.92
13.79
14.83
4.56
15.92
19.68
43
165.8
Shares (diluted)M
279.4
323.1
332.9
361.6
391.6
454.1
536.6
589.0
601.5
585.5
169.0
8.38%
7.53%
27
23.44
Buyback yield%
17.62
19.54
21.30
22.22
23.43
22.58
22.97
25.32
23.23
21.14
7.98
22.97
22.40
83
1.624
D/E ratiox
0.918
0.845
0.791
0.874
0.866
0.901
0.866
0.920
0.917
0.908
0.546
0.908
0.887
56
719.0
Enterprise value¥M
238.7
253.2
271.0
311.2
353.9
337.5
361.7
341.4
347.2
354.2
333.2
0.02%
4.64%
18
636.7
LT debt¥M
224.4
243.4
280.5
275.5
283.8
282.5
282.7
325.4
377.7
429.4
279.3
8.63%
7.71%
60
Revenue
¥875.7M
7.10%
1.00×
Cost of revenue
¥577.8M
7.13%
1.00×
Operating expenses
¥213.0M
7.09%
1.00×
Goodwill & intangibles
15.91%
Spread over hurdle
(2.04%)