489.0
Revenue¥M
385.6
390.7
411.0
424.8
436.9
451.3
459.7
484.2
510.3
524.0
540.3
3.70%
3.68%
53
15.34
Revenue growth%
26.41
26.47
28.70
29.19
30.01
31.53
30.28
29.50
28.35
30.25
7.84
30.25
29.35
32
10.30
Gross margin%
20.64
20.62
21.30
21.18
22.49
19.92
17.96
17.45
14.71
17.36
18.96
17.45
20.27
49
24.12
Operating margin%
10.60
11.34
13.83
13.39
11.04
13.93
15.30
17.68
17.15
15.26
22.18
15.30
13.88
66
22.57
Net margin%
17.61
15.28
17.47
14.84
15.52
17.83
15.69
18.62
21.05
20.08
2.47
18.62
17.54
11
19.27
P/E ratio (avg)x
30.50
29.87
27.61
29.18
32.86
34.74
32.02
36.13
38.36
43.36
31.73
36.13
32.44
42
23.26
EV/EBITx
9.566
8.931
9.136
7.966
7.779
8.452
8.942
8.083
8.319
8.315
28.13
8.319
8.385
88
16.05
FCF yield (avg)%
19.04
21.00
19.39
22.23
22.31
23.74
24.37
24.68
22.41
25.26
27.82
24.37
22.36
6
12.34
FCF margin%
10.92
13.17
13.43
12.41
13.41
11.33
12.58
10.39
8.34
9.62
3.65
10.39
11.87
84
1.369
FCF / Net incomex
0.782
0.799
0.812
0.950
1.047
1.050
1.060
1.199
1.241
1.335
1.280
1.199
1.048
92
11.95
ROIC%
20.04
18.66
20.19
18.76
18.39
17.90
16.18
17.50
15.55
18.11
19.65
17.50
18.25
6
7.78
Return on equity%
0.89
1.27
1.45
3.17
1.72
0.86
3.37
4.66
2.73
2.03
13.64
2.73
1.87
26
14.73
Return on assets%
19.43
17.53
16.61
14.12
12.41
9.48
11.43
8.48
8.06
9.19
9.67
9.19
11.92
53
0.47
EPS¥
0.33
0.32
0.29
0.27
0.27
0.30
0.28
0.30
0.31
0.33
0.53
4.19%
(0.21%)
—
15.84
EPS growth%
25.69
26.57
29.56
29.02
31.71
32.87
33.00
34.35
32.24
29.80
6.41
32.87
30.75
29
0.62
Bookvalue per sh¥
0.39
0.36
0.38
0.39
0.35
0.30
0.28
0.25
0.23
0.21
0.27
(9.53%)
(6.97%)
—
0.27
FCF per share¥
0.37
0.39
0.35
0.32
0.31
0.33
0.32
0.34
0.35
0.35
0.32
2.11%
(1.45%)
—
0.49
Dividend per sh¥
0.35
0.37
0.40
0.43
0.43
0.43
0.45
0.47
0.49
0.50
0.10
3.09%
2.81%
—
11.52
Div yield (avg)%
8.63
9.82
9.02
10.07
10.82
9.19
6.85
6.57
3.99
1.07
23.73
6.57
8.83
53
2.64
Payout ratio%
6.43
6.92
8.91
8.75
11.11
9.97
12.72
13.20
16.18
17.28
10.10
13.20
10.54
62
577.8
Shares (diluted)M
610.6
661.0
678.4
744.2
672.4
760.8
825.1
896.0
819.3
863.9
578.8
5.14%
3.66%
43
9.47
Buyback yield%
19.36
22.18
20.69
20.51
21.57
20.84
20.09
17.26
14.63
11.84
22.30
17.26
20.30
9
1.298
D/E ratiox
1.821
1.651
1.572
1.598
1.745
1.979
1.900
2.096
2.240
2.218
1.484
2.096
1.861
54
465.8
Enterprise value¥M
288.1
259.4
221.3
195.3
174.7
169.5
182.9
166.2
155.3
134.7
234.9
(5.07%)
(6.90%)
44
550.6
LT debt¥M
55.40
60.03
53.69
59.05
56.07
60.22
53.21
51.69
46.44
48.68
314.2
(2.79%)
(0.58%)
19
Revenue
¥524.0M
3.68%
1.00×
Cost of revenue
¥279.6M
3.76%
1.01×
Operating expenses
¥91.79M
3.92%
1.02×
Cash and investments
18.16%
Spread over hurdle
10.36%