705.2
Revenue¥M
625.3
660.9
682.2
718.9
762.5
791.7
815.0
852.6
873.6
889.9
747.7
3.14%
4.20%
40
24.57
Revenue growth%
8.12
7.82
6.44
8.49
7.48
4.86
3.34
1.67
4.35
4.88
6.52
4.35
5.66
26
24.57
Gross margin%
15.96
13.78
14.31
15.44
13.42
12.63
12.00
12.10
10.99
13.06
13.30
12.10
13.24
83
10.87
Operating margin%
26.42
26.52
29.34
28.10
26.06
27.33
24.49
25.02
26.00
23.10
27.50
25.02
26.24
40
25.07
Net margin%
19.57
21.41
21.48
18.56
15.66
15.25
15.81
14.38
14.66
14.13
24.09
14.66
15.73
75
18.18
P/E ratio (avg)x
15.67
18.53
20.72
23.85
23.78
25.19
24.10
24.40
28.43
28.24
10.82
25.19
23.98
24
23.45
EV/EBITx
28.18
24.55
26.99
27.12
26.91
23.90
21.09
20.63
21.70
19.56
21.62
21.09
24.23
66
28.95
FCF yield (avg)%
21.87
19.87
18.95
18.43
17.78
16.22
16.84
19.50
17.84
16.01
19.98
16.84
18.14
52
15.01
FCF margin%
20.41
18.13
20.03
20.44
23.31
23.16
21.16
18.22
19.07
19.64
21.42
19.64
20.22
28
1.147
FCF / Net incomex
0.692
0.624
0.554
0.551
0.476
0.496
0.441
0.466
0.485
0.437
1.184
0.466
0.491
24
24.70
ROIC%
7.06
9.38
7.83
8.79
9.22
9.48
10.44
10.46
9.85
10.26
21.36
10.26
9.43
68
12.09
Return on equity%
27.25
25.42
26.30
26.47
28.42
26.17
27.54
29.73
27.12
24.13
13.96
27.12
26.80
21
29.18
Return on assets%
10.60
10.45
8.59
6.47
9.08
7.92
6.38
8.66
11.30
9.08
12.32
8.66
8.87
37
0.86
EPS¥
0.67
0.72
0.65
0.64
0.70
0.75
0.79
0.85
0.74
0.80
0.90
2.48%
0.54%
—
13.02
EPS growth%
23.69
26.16
25.44
25.31
23.50
23.69
25.53
26.01
28.26
27.62
12.09
26.01
25.49
66
0.91
Bookvalue per sh¥
0.25
0.26
0.25
0.28
0.27
0.27
0.29
0.31
0.33
0.32
0.75
3.43%
1.22%
—
0.91
FCF per share¥
0.38
0.37
0.39
0.37
0.36
0.35
0.37
0.38
0.35
0.38
0.58
1.10%
1.06%
—
0.36
Dividend per sh¥
1.26
1.39
1.58
1.64
1.70
1.76
2.05
2.19
2.55
2.73
0.62
9.93%
9.95%
—
11.40
Div yield (avg)%
0.64
0.40
0.40
0.99
0.40
0.40
2.74
3.49
2.83
1.22
7.94
2.74
0.81
92
5.06
Payout ratio%
8.96
8.19
6.44
8.52
7.58
7.36
7.83
8.97
11.87
10.85
5.61
8.97
8.36
14
382.1
Shares (diluted)M
523.7
604.2
608.4
628.9
648.9
682.4
744.5
804.3
787.6
897.8
380.0
6.71%
5.49%
54
18.46
Buyback yield%
20.00
21.90
23.45
26.30
27.41
28.40
30.26
28.17
26.64
29.32
25.42
28.40
27.02
39
0.128
D/E ratiox
1.620
1.658
1.621
1.418
1.215
1.198
1.181
1.271
1.371
1.208
0.739
1.208
1.321
78
845.4
Enterprise value¥M
405.1
391.1
434.7
434.4
425.6
473.2
471.6
504.4
555.4
596.4
232.0
6.98%
4.67%
61
0.123
LT debt¥B
1.035
1.154
1.081
1.059
1.062
1.047
1.175
1.093
1.204
1.328
0.491
4.56%
2.17%
84
Revenue
¥889.9M
4.20%
1.00×
Cost of revenue
¥550.8M
4.62%
1.04×
Operating expenses
¥208.0M
3.71%
0.95×
Spread over hurdle
(1.27%)