360.1
Revenue¥M
357.0
390.5
413.1
437.3
476.5
519.2
566.2
597.3
633.6
682.8
371.0
7.46%
7.56%
51
2.83
Revenue growth%
13.39
15.25
14.11
13.53
14.13
13.00
13.76
11.20
10.84
13.20
19.56
13.00
13.46
80
28.41
Gross margin%
20.88
23.66
26.65
29.36
28.40
27.95
27.88
30.07
28.86
29.93
24.21
28.86
28.18
35
8.32
Operating margin%
0.46
0.40
3.20
1.31
0.40
2.18
4.66
5.40
7.30
9.06
28.63
5.40
2.69
18
13.49
Net margin%
9.50
9.19
11.04
13.95
16.18
18.66
21.15
22.69
25.52
26.82
18.45
22.69
17.42
81
26.78
P/E ratio (avg)x
21.18
21.18
22.35
21.99
23.28
22.04
21.32
20.29
21.73
21.91
9.943
21.73
21.82
88
36.31
EV/EBITx
13.57
12.55
12.41
12.63
11.77
11.87
10.81
10.64
11.45
11.82
11.16
11.45
11.84
31
8.69
FCF yield (avg)%
32.81
32.20
32.54
32.90
33.49
31.06
33.97
32.35
35.13
37.91
20.53
33.97
32.85
32
25.51
FCF margin%
14.15
14.88
16.92
17.53
14.67
13.52
11.48
12.84
10.03
9.43
18.04
11.48
13.84
6
0.159
FCF / Net incomex
1.246
1.198
1.189
1.119
1.131
1.123
1.074
1.246
1.405
1.425
0.610
1.246
1.193
57
15.63
ROIC%
22.57
24.10
22.54
23.06
22.30
19.39
20.88
22.56
20.05
20.87
14.33
20.87
22.42
57
14.53
Return on equity%
22.40
25.37
28.34
28.57
31.21
29.47
26.74
25.59
24.37
26.01
12.96
26.01
26.37
68
9.95
Return on assets%
6.34
6.78
6.77
4.31
7.19
10.04
9.21
9.40
7.68
8.15
9.55
9.21
7.43
47
0.11
EPS¥
0.12
0.11
0.10
0.09
0.10
0.09
0.09
0.08
0.07
0.07
0.11
(5.77%)
(6.35%)
—
3.83
EPS growth%
16.60
16.56
15.17
17.04
18.15
18.75
17.35
16.61
17.60
18.59
13.19
17.60
17.19
73
0.15
Bookvalue per sh¥
0.54
0.54
0.52
0.55
0.65
0.66
0.78
0.89
1.02
1.19
0.38
13.07%
8.16%
—
0.35
FCF per share¥
0.55
0.64
0.67
0.78
0.76
0.75
0.71
0.68
0.70
0.76
0.12
(0.03%)
4.21%
—
0.26
Dividend per sh¥
0.21
0.22
0.24
0.25
0.28
0.28
0.28
0.30
0.32
0.37
0.41
6.02%
6.36%
—
19.82
Div yield (avg)%
24.20
26.25
28.66
26.46
23.96
24.93
23.35
22.22
23.29
25.62
18.06
23.35
24.56
78
19.59
Payout ratio%
21.46
22.79
23.98
24.59
23.41
21.04
23.26
22.52
25.52
26.37
29.34
23.26
23.34
87
774.3
Shares (diluted)M
943.6
831.4
795.9
880.8
793.4
720.7
755.3
680.1
721.2
746.1
766.2
(1.22%)
(1.71%)
76
18.28
Buyback yield%
11.05
9.30
6.86
5.03
5.93
3.94
3.52
2.00
3.39
0.40
13.41
3.39
4.48
27
1.631
D/E ratiox
1.488
1.524
1.580
1.806
1.690
1.654
1.754
1.967
1.969
2.162
1.442
1.967
1.722
87
721.0
Enterprise value¥M
60.06
60.40
59.28
60.02
64.56
71.45
71.81
84.00
94.61
93.91
132.8
7.78%
4.91%
38
245.7
LT debt¥M
68.05
64.54
71.65
77.30
83.53
84.86
94.74
98.52
108.0
127.6
645.4
8.84%
8.19%
19
Revenue
¥682.8M
7.56%
1.00×
Cost of revenue
¥442.6M
7.63%
1.01×
Operating expenses
¥125.7M
7.95%
1.04×
Goodwill & intangibles
16.75%
Cash and investments
16.60%
Spread over hurdle
(3.10%)