448.6
Revenue¥M
384.5
412.0
427.9
457.1
485.4
503.7
539.9
573.8
611.4
635.8
480.6
5.55%
5.86%
52
21.82
Revenue growth%
20.10
22.53
23.31
24.86
22.83
23.42
24.53
26.24
26.19
24.86
23.85
24.86
23.98
34
18.70
Gross margin%
13.30
13.52
14.12
12.61
13.64
14.10
12.26
9.84
11.57
9.18
3.95
11.57
12.96
52
25.95
Operating margin%
18.84
17.24
18.59
16.74
16.75
14.98
12.77
13.62
11.81
12.01
14.44
12.77
15.86
71
14.85
Net margin%
17.37
15.78
14.46
16.53
19.28
19.03
17.51
15.90
16.76
16.95
7.05
16.95
16.86
36
33.10
P/E ratio (avg)x
21.02
22.42
25.29
25.58
25.21
23.15
24.64
25.21
25.78
29.13
7.376
25.21
25.21
93
34.21
EV/EBITx
12.73
12.29
12.78
11.35
10.21
9.291
9.201
9.969
9.887
9.220
34.00
9.291
10.09
89
11.49
FCF yield (avg)%
22.94
23.17
21.82
24.72
23.83
22.73
22.74
22.05
24.69
23.87
11.62
22.74
23.06
56
16.59
FCF margin%
20.63
23.48
21.68
20.60
22.88
22.67
24.30
21.59
24.23
27.19
12.22
24.23
22.77
95
1.164
FCF / Net incomex
1.534
1.578
1.490
1.652
1.502
1.432
1.416
1.390
1.574
1.545
0.616
1.432
1.518
40
26.77
ROIC%
21.16
20.31
23.13
21.80
22.07
19.42
19.85
18.31
19.76
17.85
19.63
19.42
20.08
52
21.59
Return on equity%
27.26
29.00
30.19
27.57
25.78
27.62
28.03
29.12
31.71
30.63
16.24
29.12
28.51
91
10.29
Return on assets%
11.18
11.98
13.03
15.99
17.81
18.04
18.16
19.90
19.65
22.48
2.34
19.65
17.92
27
2.02
EPS¥
1.70
1.53
1.32
1.21
1.05
1.03
0.92
0.85
0.85
0.88
2.09
(3.40%)
(7.70%)
—
2.53
EPS growth%
18.30
20.74
22.18
22.44
20.11
22.45
20.37
20.70
18.57
20.78
5.68
20.70
20.72
52
0.54
Bookvalue per sh¥
0.44
0.47
0.43
0.41
0.40
0.39
0.38
0.39
0.38
0.39
0.51
(0.87%)
(2.39%)
—
1.33
FCF per share¥
2.27
2.50
2.61
3.02
2.95
3.04
3.30
3.64
4.05
4.75
1.69
10.02%
8.49%
—
1.49
Dividend per sh¥
0.79
0.81
0.89
1.01
1.09
1.26
1.42
1.41
1.59
1.60
0.99
7.90%
7.81%
—
22.66
Div yield (avg)%
5.45
5.21
2.79
5.23
4.09
4.90
6.14
3.96
1.05
0.40
23.37
3.96
4.49
79
2.53
Payout ratio%
10.72
13.07
15.41
17.57
19.57
21.08
22.85
21.46
18.72
20.54
28.05
21.08
19.14
71
187.9
Shares (diluted)M
353.6
389.6
370.9
420.0
492.8
516.3
535.1
586.3
691.4
697.7
184.2
7.20%
8.84%
79
29.19
Buyback yield%
6.97
4.56
6.83
4.46
2.74
0.40
2.61
3.22
3.18
3.52
24.06
3.18
3.37
75
1.674
D/E ratiox
0.103
0.110
0.096
0.097
0.086
0.074
0.066
0.063
0.061
0.052
0.929
0.063
0.080
41
300.1
Enterprise value¥M
203.0
210.7
230.2
224.1
218.7
247.7
268.2
298.8
309.9
345.7
501.0
9.59%
5.48%
42
550.0
LT debt¥M
43.52
45.46
45.06
52.68
57.70
66.73
67.04
74.56
85.96
87.14
380.5
8.59%
6.68%
84
Revenue
¥635.8M
5.86%
1.00×
Cost of revenue
¥398.9M
5.65%
0.98×
Operating expenses
¥113.7M
6.76%
1.09×
Cash and investments
19.65%
Spread over hurdle
19.38%