608.6
Revenue¥M
284.0
302.8
323.6
346.9
378.5
400.1
423.5
452.4
494.7
518.9
628.3
6.51%
6.75%
46
18.32
Revenue growth%
8.68
10.94
11.21
9.88
12.72
12.26
14.01
11.05
13.22
10.54
7.02
12.26
11.13
17
7.56
Gross margin%
18.15
20.30
22.56
21.58
21.18
19.67
17.59
18.91
21.64
21.19
20.07
19.67
20.74
65
3.71
Operating margin%
15.78
17.17
18.92
17.11
15.98
13.41
14.85
15.41
17.25
15.12
8.42
15.12
15.88
86
23.17
Net margin%
23.14
24.69
26.01
25.24
24.21
26.46
25.79
28.14
28.82
31.09
24.06
28.14
25.90
57
21.14
P/E ratio (avg)x
28.35
30.88
33.97
34.71
39.03
42.32
42.88
43.56
45.19
42.17
21.08
42.88
40.60
6
17.00
EV/EBITx
22.69
22.27
22.88
25.87
25.37
27.55
30.92
29.33
31.44
31.64
18.57
30.92
26.71
92
18.03
FCF yield (avg)%
14.58
12.26
14.95
16.19
15.18
13.93
12.99
12.71
10.44
10.52
25.35
12.71
13.46
39
19.42
FCF margin%
12.50
12.16
14.43
12.97
12.39
14.49
14.03
14.17
11.61
13.95
18.14
14.03
13.46
36
1.408
FCF / Net incomex
2.149
2.128
2.346
2.261
2.639
2.981
2.919
3.041
3.515
3.282
0.711
3.041
2.779
18
20.24
ROIC%
28.49
31.13
29.05
26.08
24.50
21.64
23.30
24.48
26.52
28.25
3.01
24.48
26.30
30
16.27
Return on equity%
22.12
21.96
22.52
20.28
23.05
21.83
19.12
20.19
21.61
20.11
27.30
20.19
21.72
17
27.54
Return on assets%
7.54
7.60
10.06
8.69
8.27
10.57
10.66
8.22
5.40
4.91
22.70
8.22
8.25
42
0.33
EPS¥
1.16
1.25
1.20
1.14
1.22
1.19
1.29
1.17
1.03
1.06
0.36
(2.91%)
(0.12%)
—
10.43
EPS growth%
19.68
19.69
20.49
20.16
19.22
16.96
17.47
17.54
14.84
15.98
26.55
16.96
18.38
55
0.60
Bookvalue per sh¥
0.39
0.40
0.37
0.39
0.35
0.36
0.36
0.31
0.30
0.27
0.48
(4.92%)
(2.71%)
—
0.22
FCF per share¥
1.39
1.57
1.88
2.11
2.24
2.49
2.53
2.84
3.09
3.55
0.98
9.66%
11.16%
—
0.73
Dividend per sh¥
0.35
0.31
0.33
0.31
0.33
0.30
0.29
0.26
0.23
0.21
1.15
(8.41%)
(4.84%)
—
21.15
Div yield (avg)%
16.51
16.01
15.27
13.74
11.81
10.78
8.62
7.50
6.03
8.94
16.99
8.62
11.30
55
7.32
Payout ratio%
1.33
4.01
2.21
0.40
0.40
0.59
2.20
0.40
1.38
3.74
10.34
1.38
1.35
27
319.2
Shares (diluted)M
505.9
490.8
553.7
578.5
650.1
618.3
648.2
603.8
610.4
624.4
316.8
(0.80%)
3.12%
44
8.45
Buyback yield%
24.58
24.86
24.03
25.58
22.72
24.33
25.19
24.77
27.33
28.39
16.55
25.19
24.82
47
0.272
D/E ratiox
1.226
1.350
1.358
1.378
1.448
1.596
1.806
2.096
2.121
2.197
0.674
2.096
1.522
37
440.4
Enterprise value¥M
667.3
654.3
722.4
769.4
747.6
782.5
813.5
816.2
928.9
991.3
54.48
5.80%
5.46%
53
456.0
LT debt¥M
677.7
716.4
697.9
738.4
772.8
839.2
769.9
764.8
715.6
815.2
175.8
1.07%
2.11%
39
Revenue
¥518.9M
6.75%
1.00×
Cost of revenue
¥352.1M
6.68%
0.99×
Operating expenses
¥102.1M
7.11%
1.03×
Property and equipment
16.75%
Goodwill & intangibles
14.57%
Spread over hurdle
30.98%