529.6
Revenue¥M
311.7
345.6
374.8
413.2
457.0
488.8
535.3
570.0
611.6
677.5
573.0
8.19%
9.01%
87
27.11
Revenue growth%
14.31
16.40
13.77
12.48
12.36
14.33
16.13
13.94
14.84
17.57
6.56
14.84
14.32
53
27.94
Gross margin%
2.27
0.40
0.40
1.58
1.60
0.40
2.30
0.54
3.24
4.57
15.86
2.30
1.59
80
19.38
Operating margin%
22.51
25.40
25.09
25.19
23.64
26.56
23.66
26.09
23.17
25.53
2.05
25.53
25.14
24
14.53
Net margin%
27.26
25.99
27.50
24.66
24.45
26.98
27.57
25.52
25.58
24.87
20.24
25.58
25.78
78
36.55
P/E ratio (avg)x
12.49
12.76
11.45
10.62
10.91
10.03
9.373
9.634
10.08
10.12
29.83
10.03
10.37
7
30.61
EV/EBITx
39.95
46.11
47.79
54.70
52.74
58.25
62.54
68.89
74.30
88.30
15.21
68.89
56.47
80
13.41
FCF yield (avg)%
26.66
27.67
25.86
24.98
25.56
26.02
26.72
27.92
27.07
24.78
22.20
26.72
26.34
51
13.36
FCF margin%
14.81
15.29
15.57
13.19
13.21
15.57
13.36
11.70
12.41
13.70
4.47
13.36
13.53
80
1.633
FCF / Net incomex
0.420
0.426
0.368
0.316
0.330
0.339
0.360
0.323
0.338
0.355
0.187
0.339
0.347
24
15.57
ROIC%
21.66
19.91
21.41
18.71
17.39
18.79
21.60
21.22
23.32
26.02
7.13
21.60
21.31
5
26.36
Return on equity%
25.04
27.37
29.15
31.24
31.09
29.26
28.43
28.79
28.54
29.58
7.45
28.79
28.97
28
21.51
Return on assets%
15.55
17.32
14.89
16.61
18.13
17.94
15.67
17.17
15.72
17.70
6.82
17.17
16.89
5
3.25
EPS¥
4.19
4.37
5.03
5.07
4.87
5.60
5.67
5.65
5.97
6.09
3.34
4.57%
5.02%
—
17.14
EPS growth%
15.71
14.38
11.61
11.73
9.96
10.46
12.25
11.89
14.87
15.72
2.00
12.25
12.07
19
1.25
Bookvalue per sh¥
0.91
0.88
0.99
0.99
1.05
1.06
1.24
1.17
1.24
1.36
4.31
5.39%
5.29%
—
1.67
FCF per share¥
1.83
2.11
2.51
2.98
3.12
3.66
3.67
3.51
3.74
4.41
4.14
7.18%
9.04%
—
5.60
Dividend per sh¥
1.80
1.67
1.74
1.78
1.87
1.80
1.60
1.76
1.56
1.39
3.54
(5.77%)
(3.36%)
—
27.46
Div yield (avg)%
24.79
23.18
22.92
24.92
24.10
25.98
24.90
24.11
24.81
23.98
4.83
24.81
24.45
83
26.43
Payout ratio%
18.57
16.30
17.06
20.05
17.77
20.54
19.81
17.30
19.75
18.78
18.75
19.75
18.68
85
72.10
Shares (diluted)M
93.87
93.12
99.00
99.25
93.78
99.09
104.5
100.2
109.7
122.2
73.54
5.44%
4.01%
77
24.72
Buyback yield%
11.00
13.50
13.92
13.78
11.76
13.07
14.77
13.02
11.49
13.90
10.22
13.07
13.28
40
1.276
D/E ratiox
1.794
2.153
2.201
2.460
2.598
2.944
2.952
3.135
3.740
4.157
0.613
3.135
2.771
36
171.5
Enterprise value¥M
455.8
445.5
460.1
438.6
469.1
482.0
426.6
381.5
361.9
386.2
457.1
(3.82%)
(2.46%)
11
388.7
LT debt¥M
645.3
608.1
595.7
598.4
593.8
659.8
683.3
686.5
716.7
688.6
89.77
3.01%
1.45%
42
Revenue
¥677.5M
9.01%
1.00×
Cost of revenue
¥391.9M
9.36%
1.03×
Operating expenses
¥110.9M
8.39%
0.94×
Property and equipment
19.16%
Spread over hurdle
(3.17%)