760.3
Revenue¥M
446.8
471.5
499.4
530.9
566.5
598.5
656.7
707.3
769.7
823.7
828.2
7.77%
7.04%
79
5.79
Revenue growth%
18.34
16.43
17.81
15.52
18.31
17.19
15.00
16.64
15.30
12.31
28.87
15.30
16.54
68
4.31
Gross margin%
18.56
17.52
15.31
15.46
17.70
16.35
19.16
16.33
15.88
13.74
29.27
16.33
16.34
61
20.71
Operating margin%
0.40
0.40
0.40
1.64
2.33
0.96
1.38
2.90
5.18
4.62
3.83
2.90
1.51
55
8.87
Net margin%
12.85
12.17
14.83
16.55
18.42
20.92
20.29
22.56
21.23
18.90
18.61
20.92
18.66
27
14.67
P/E ratio (avg)x
26.29
27.01
23.82
23.66
20.98
21.64
21.16
22.41
22.02
23.00
20.07
22.02
22.70
37
17.67
EV/EBITx
16.21
15.93
17.42
17.64
17.16
15.39
14.39
15.63
15.86
15.17
12.01
15.39
15.89
69
14.58
FCF yield (avg)%
9.64
7.37
6.54
6.52
5.98
5.63
5.25
7.62
4.84
4.28
26.38
5.25
6.25
90
15.00
FCF margin%
14.37
13.92
12.21
13.65
12.56
12.77
13.37
13.77
13.02
13.65
21.52
13.37
13.51
73
1.538
FCF / Net incomex
1.434
1.343
1.391
1.372
1.299
1.342
1.227
1.150
1.264
1.402
0.711
1.264
1.342
69
10.73
ROIC%
27.60
28.25
29.29
30.01
30.34
33.15
35.50
33.05
33.95
31.08
6.95
33.15
30.71
22
28.60
Return on equity%
15.87
15.87
13.20
12.38
12.45
14.79
14.02
13.36
13.24
13.84
13.14
13.84
13.60
45
27.27
Return on assets%
7.56
9.94
8.43
10.91
12.91
10.27
13.13
14.75
12.25
12.34
29.27
12.34
11.58
28
0.25
EPS¥
0.68
0.74
0.85
0.95
0.95
0.93
0.94
0.93
1.10
1.14
0.28
3.57%
5.23%
—
23.61
EPS growth%
18.24
16.39
14.72
14.30
13.99
15.57
12.72
11.02
9.93
7.45
8.82
11.02
14.15
68
0.39
Bookvalue per sh¥
0.79
0.85
0.77
0.81
0.85
0.76
0.77
0.77
0.72
0.70
0.82
(3.90%)
(1.75%)
—
0.89
FCF per share¥
0.92
0.90
1.00
1.06
1.01
1.17
1.32
1.26
1.42
1.67
0.31
10.53%
7.16%
—
0.21
Dividend per sh¥
0.56
0.53
0.56
0.56
0.59
0.67
0.75
0.74
0.74
0.79
0.82
6.07%
3.11%
—
11.76
Div yield (avg)%
25.25
27.95
29.63
29.34
31.57
29.85
28.28
29.70
31.04
33.66
26.86
29.85
29.66
88
12.74
Payout ratio%
26.38
25.32
23.44
26.32
27.00
29.79
27.56
28.51
29.04
29.91
24.04
29.04
27.28
17
486.9
Shares (diluted)M
530.7
478.8
517.8
461.1
415.9
446.9
462.9
503.2
468.5
526.8
494.9
4.84%
0.16%
36
9.21
Buyback yield%
7.21
9.75
7.70
9.95
8.20
7.00
6.91
8.64
9.58
10.40
27.98
8.64
8.42
41
0.800
D/E ratiox
0.266
0.295
0.284
0.298
0.290
0.318
0.325
0.311
0.300
0.287
0.883
0.311
0.297
37
47.42
Enterprise value¥M
283.3
304.4
362.6
405.2
407.3
416.8
411.5
458.4
530.2
573.3
282.9
7.07%
7.65%
12
319.3
LT debt¥M
189.0
207.6
230.5
261.7
264.7
306.1
302.1
327.5
317.7
331.1
211.1
4.58%
7.38%
55
Revenue
¥823.7M
7.04%
1.00×
Cost of revenue
¥481.8M
7.23%
1.02×
Operating expenses
¥149.0M
7.15%
1.01×
Spread over hurdle
44.34%