3.709
Revenue¥B
2.924
3.101
3.212
3.369
3.575
3.859
4.087
4.298
4.582
4.919
4.152
6.59%
6.02%
17
14.98
Revenue growth%
9.33
10.44
10.93
13.23
15.49
16.32
16.62
15.13
16.43
17.77
16.94
16.43
15.31
88
11.37
Gross margin%
23.37
22.32
24.40
24.28
23.69
26.42
27.43
28.42
29.52
28.57
23.54
28.42
25.41
69
13.74
Operating margin%
13.82
16.25
15.74
16.75
19.61
20.28
19.99
17.15
17.04
16.45
13.07
17.15
16.89
29
19.99
Net margin%
23.14
22.78
24.39
22.19
22.27
23.31
24.06
23.28
23.39
22.21
12.45
23.31
23.21
10
30.70
P/E ratio (avg)x
10.77
10.05
10.88
10.05
9.990
9.961
8.774
9.457
9.583
9.507
33.15
9.507
9.976
29
26.94
EV/EBITx
42.07
50.01
50.05
55.69
55.82
65.01
77.59
85.13
94.88
102.2
18.69
85.13
60.42
68
18.99
FCF yield (avg)%
26.95
26.45
25.72
24.20
21.37
19.25
16.44
17.70
18.57
19.73
18.47
18.57
20.55
30
12.50
FCF margin%
25.05
22.67
20.26
18.75
20.75
23.60
25.04
26.59
29.28
28.82
9.91
26.59
24.32
12
1.072
FCF / Net incomex
1.131
1.054
1.147
1.255
1.154
1.108
1.148
1.127
1.081
1.026
0.855
1.108
1.129
53
29.25
ROIC%
0.40
1.65
2.36
0.91
3.67
2.06
4.08
5.15
4.38
4.73
9.11
4.38
3.02
65
15.90
Return on equity%
33.40
33.00
30.03
29.33
31.73
30.98
29.05
28.13
27.50
28.51
7.40
28.51
29.68
49
9.42
Return on assets%
22.82
21.34
18.92
21.16
22.34
21.22
19.56
21.60
21.23
18.69
17.34
21.22
21.23
63
1.54
EPS¥
1.96
1.87
1.87
2.01
2.15
2.22
2.36
2.69
2.85
2.95
1.58
6.51%
3.60%
—
22.84
EPS growth%
5.69
3.64
0.91
0.40
0.40
0.99
0.40
2.22
0.63
1.51
14.58
0.99
0.95
24
0.86
Bookvalue per sh¥
2.40
2.37
2.44
2.87
3.33
3.28
3.74
3.70
3.62
3.46
1.58
0.81%
3.83%
—
2.09
FCF per share¥
1.97
2.12
1.99
1.85
2.07
2.07
1.94
1.97
2.18
2.52
2.06
3.99%
2.16%
—
0.84
Dividend per sh¥
3.58
3.96
4.57
5.29
5.35
5.81
6.68
7.84
9.22
10.00
0.75
13.36%
11.97%
—
18.09
Div yield (avg)%
18.80
20.13
18.03
19.91
17.89
19.02
16.47
13.52
10.57
10.47
25.94
13.52
17.96
44
20.01
Payout ratio%
5.73
4.59
2.90
1.64
4.11
1.61
0.40
0.40
3.25
5.40
19.30
1.61
3.08
65
867.5
Shares (diluted)M
762.4
723.6
695.8
680.7
593.4
560.8
586.4
622.6
624.4
536.3
884.0
(2.00%)
(3.64%)
85
18.29
Buyback yield%
26.39
24.43
26.11
24.96
27.88
30.12
27.64
29.67
30.98
28.65
28.08
29.67
27.76
6
1.739
D/E ratiox
0.587
0.629
0.716
0.759
0.875
1.014
1.202
1.311
1.572
1.589
1.489
1.311
0.945
58
4.650
Enterprise value¥B
1.087
1.066
0.986
0.925
0.816
0.823
0.829
0.756
0.648
0.685
2.648
(3.45%)
(3.87%)
68
3.560
LT debt¥B
1.044
0.933
0.871
0.763
0.696
0.742
0.681
0.662
0.607
0.595
3.708
(3.09%)
(5.00%)
6
Revenue
¥4.919B
6.02%
1.00×
Cost of revenue
¥2.435B
5.77%
0.98×
Operating expenses
¥927.9M
6.09%
1.01×
Property and equipment
19.92%
Goodwill & intangibles
14.79%
Spread over hurdle
(2.73%)