476.1
Revenue¥M
315.0
330.4
344.1
358.2
375.4
403.2
427.1
455.1
476.0
515.2
495.9
6.54%
5.64%
67
22.49
Revenue growth%
6.86
9.53
7.73
9.58
11.74
10.21
7.28
7.87
7.54
5.51
15.06
7.54
7.80
83
28.96
Gross margin%
4.36
5.11
2.57
4.72
3.35
0.74
0.40
2.02
4.80
3.86
4.12
2.02
3.60
8
16.03
Operating margin%
17.03
18.27
19.69
18.12
20.88
21.26
22.98
21.59
20.83
22.21
29.90
21.59
20.86
76
4.11
Net margin%
10.29
10.07
8.15
6.81
7.60
10.31
8.59
6.55
8.21
5.52
26.50
8.21
8.18
43
35.17
P/E ratio (avg)x
31.83
32.95
30.71
29.61
30.58
28.10
26.44
28.06
29.65
31.06
11.23
28.10
30.11
65
20.11
EV/EBITx
22.27
21.30
21.75
24.95
27.90
30.83
32.03
33.66
38.12
41.23
31.03
33.66
29.37
46
23.58
FCF yield (avg)%
25.68
23.55
24.61
23.87
21.80
24.37
25.93
28.50
29.28
29.35
6.74
28.50
25.15
40
11.72
FCF margin%
30.11
28.54
26.17
27.65
25.64
26.94
29.72
32.32
30.26
32.54
14.04
30.26
29.13
36
1.502
FCF / Net incomex
1.525
1.801
1.924
1.942
1.906
1.876
2.085
2.401
2.568
2.837
0.908
2.401
1.933
72
29.30
ROIC%
27.81
28.50
26.65
29.24
31.63
34.00
36.36
37.79
40.71
43.46
3.44
37.79
32.82
45
2.55
Return on equity%
6.58
9.04
6.22
3.24
3.30
3.62
2.15
0.40
2.70
3.86
8.78
2.70
3.46
13
27.94
Return on assets%
3.00
1.74
4.14
6.60
6.94
8.60
11.24
10.99
11.22
9.58
27.63
10.99
7.77
32
0.33
EPS¥
0.55
0.55
0.55
0.58
0.60
0.67
0.67
0.66
0.76
0.92
0.36
8.69%
7.26%
—
18.30
EPS growth%
8.95
8.94
7.38
6.52
8.33
7.70
10.54
10.26
10.12
12.09
8.90
10.26
8.94
49
0.88
Bookvalue per sh¥
0.32
0.33
0.37
0.45
0.48
0.55
0.60
0.66
0.78
0.87
0.16
12.51%
10.42%
—
0.51
FCF per share¥
0.71
0.78
0.85
0.86
0.74
0.79
0.78
0.77
0.74
0.77
0.40
0.72%
1.51%
—
0.65
Dividend per sh¥
0.98
1.13
1.07
1.00
1.15
1.13
1.11
1.17
1.29
1.40
0.35
4.12%
4.61%
—
16.55
Div yield (avg)%
20.60
22.58
20.58
19.52
18.10
19.32
21.11
21.28
18.80
19.93
18.74
19.93
20.25
14
8.09
Payout ratio%
22.58
21.62
21.48
22.40
21.50
19.29
18.55
19.99
19.31
21.66
7.00
19.31
21.49
49
758.7
Shares (diluted)M
534.6
460.3
406.7
360.2
325.3
284.2
249.2
235.7
216.3
224.1
744.5
(7.18%)
(8.13%)
77
20.46
Buyback yield%
8.76
5.80
6.10
8.09
6.22
6.24
5.65
3.82
5.35
2.49
18.03
5.35
5.95
35
1.780
D/E ratiox
0.275
0.263
0.250
0.249
0.284
0.269
0.272
0.285
0.289
0.271
0.113
0.272
0.271
57
482.4
Enterprise value¥M
368.7
383.7
382.9
346.6
328.9
296.1
296.2
267.8
253.5
247.9
383.8
(5.49%)
(4.26%)
25
586.3
LT debt¥M
291.8
289.5
283.3
312.1
337.9
313.9
290.7
275.7
271.7
284.0
110.6
(3.42%)
0.57%
31
Revenue
¥515.2M
5.64%
1.00×
Cost of revenue
¥253.8M
5.32%
0.97×
Operating expenses
¥101.5M
6.06%
1.04×
Cash and investments
19.03%
Spread over hurdle
(1.62%)