1.410
Revenue¥B
1.220
1.287
1.399
1.517
1.656
1.765
1.866
1.956
2.053
2.180
1.463
5.65%
6.81%
56
6.39
Revenue growth%
6.11
3.55
3.05
4.95
2.58
3.45
2.85
2.59
3.02
4.00
25.81
3.02
3.25
15
2.46
Gross margin%
21.97
24.80
26.86
24.93
23.06
24.00
24.08
24.09
24.45
26.41
17.77
24.09
24.27
16
15.59
Operating margin%
2.34
3.06
4.94
7.70
6.24
6.94
6.31
6.62
7.07
9.12
12.32
6.94
6.47
17
7.92
Net margin%
25.07
27.76
27.85
25.27
24.30
23.12
25.89
24.33
24.25
25.86
19.95
24.33
25.17
52
31.83
P/E ratio (avg)x
16.84
17.16
16.54
17.10
19.25
22.16
21.58
24.45
25.70
28.15
6.944
24.45
20.41
12
11.69
EV/EBITx
21.12
25.61
30.91
36.62
37.76
44.18
45.05
50.61
57.41
68.82
10.33
50.61
40.97
35
22.05
FCF yield (avg)%
3.19
6.04
4.02
5.54
3.75
4.01
3.68
5.32
2.75
4.83
25.38
4.01
4.02
34
29.89
FCF margin%
3.38
3.24
0.50
2.98
5.79
8.45
10.72
8.22
7.90
6.28
8.26
8.22
6.04
85
1.407
FCF / Net incomex
0.395
0.336
0.330
0.294
0.263
0.227
0.237
0.244
0.260
0.239
0.697
0.239
0.262
72
13.61
ROIC%
12.89
12.99
10.44
7.99
5.35
3.67
5.60
5.93
7.22
5.64
15.69
5.64
6.58
58
4.35
Return on equity%
21.35
21.82
23.79
23.96
26.93
24.84
26.06
26.27
24.54
26.19
14.23
26.06
24.69
28
16.09
Return on assets%
1.39
0.40
0.40
0.75
0.40
0.42
1.27
4.21
3.61
3.37
14.10
3.37
1.01
75
3.69
EPS¥
3.99
4.14
4.39
4.07
3.82
3.47
3.22
2.91
3.18
2.89
4.00
(5.43%)
(2.87%)
—
2.63
EPS growth%
19.76
18.01
19.20
18.44
18.91
20.20
17.43
15.28
12.39
10.46
7.83
15.28
18.23
53
2.05
Bookvalue per sh¥
4.97
5.93
6.97
7.49
8.12
9.73
11.45
13.28
12.96
13.30
0.60
10.38%
12.50%
—
3.98
FCF per share¥
1.37
1.47
1.46
1.57
1.68
1.63
1.65
1.43
1.51
1.29
2.80
(5.15%)
(2.12%)
—
0.76
Dividend per sh¥
2.60
2.70
2.89
3.16
3.11
3.07
3.00
2.83
2.57
2.75
1.53
(2.48%)
(0.22%)
—
20.38
Div yield (avg)%
21.72
24.37
22.54
23.50
20.94
19.36
21.84
22.21
24.48
21.78
13.10
21.84
22.03
5
9.82
Payout ratio%
7.96
8.94
9.15
7.07
5.14
4.26
3.73
6.65
7.04
9.89
26.01
6.65
7.06
33
229.2
Shares (diluted)M
260.2
238.1
260.3
254.1
233.7
252.7
237.1
249.5
266.5
269.4
241.4
2.89%
(0.01%)
88
2.02
Buyback yield%
5.45
7.63
8.91
7.23
7.01
8.30
7.04
5.69
3.61
4.30
23.36
5.69
7.03
22
1.172
D/E ratiox
0.440
0.409
0.399
0.340
0.330
0.317
0.274
0.273
0.242
0.261
0.305
0.273
0.324
73
1.828
Enterprise value¥B
1.794
1.926
2.092
2.190
2.540
2.763
3.121
3.201
3.106
2.992
0.614
3.33%
5.26%
68
0.699
LT debt¥B
1.071
0.977
0.943
0.885
0.924
0.840
0.904
0.801
0.796
0.716
0.266
(4.99%)
(4.49%)
37
Revenue
¥2.180B
6.81%
1.00×
Cost of revenue
¥1.060B
6.35%
0.96×
Operating expenses
¥479.2M
7.41%
1.06×
Property and equipment
19.42%
Spread over hurdle
12.30%