2.638
Revenue¥B
2.738
2.837
2.959
3.149
3.299
3.465
3.629
3.750
3.949
4.221
2.738
5.05%
5.13%
14
10.70
Revenue growth%
18.19
20.47
23.13
22.61
20.56
21.18
21.20
19.91
17.45
17.07
9.38
19.91
20.51
27
10.42
Gross margin%
9.17
8.89
5.93
7.75
10.41
7.89
5.03
4.15
5.42
4.39
23.64
5.03
6.84
70
25.76
Operating margin%
9.84
7.47
5.31
2.81
1.70
1.92
0.40
2.48
0.40
2.32
22.87
1.92
2.40
57
12.36
Net margin%
25.94
28.13
29.86
29.15
30.16
32.97
34.47
32.89
33.14
35.00
21.62
33.14
31.52
53
8.423
P/E ratio (avg)x
33.03
32.92
30.29
32.94
30.82
33.43
33.05
34.33
33.15
34.49
25.35
33.43
33.04
33
28.18
EV/EBITx
16.94
15.22
14.19
15.55
15.02
15.66
17.09
17.63
19.41
18.03
9.720
17.63
16.30
44
3.60
FCF yield (avg)%
25.94
23.26
21.35
24.04
22.46
21.13
22.79
21.26
19.09
21.14
28.84
21.14
21.90
71
25.30
FCF margin%
32.05
34.44
33.00
33.01
35.45
37.12
39.69
40.95
41.06
41.81
24.71
40.95
36.28
24
0.717
FCF / Net incomex
0.586
0.580
0.525
0.576
0.506
0.507
0.448
0.476
0.490
0.427
0.134
0.476
0.507
46
6.45
ROIC%
10.65
10.77
9.47
8.34
7.30
5.67
3.64
3.99
2.11
0.40
7.47
3.64
6.49
17
25.77
Return on equity%
22.43
22.33
25.09
22.81
24.35
27.10
27.87
28.57
27.21
27.14
23.97
27.21
26.09
66
6.34
Return on assets%
16.18
17.02
16.93
18.38
16.79
18.45
16.76
18.40
20.96
19.37
3.37
18.45
17.70
28
2.28
EPS¥
0.93
0.90
1.07
1.19
1.32
1.57
1.81
1.93
1.99
2.20
2.38
10.69%
9.60%
—
15.27
EPS growth%
23.89
22.17
25.01
23.86
26.57
26.22
28.53
31.43
31.66
31.02
24.03
31.02
26.39
40
1.40
Bookvalue per sh¥
1.34
1.39
1.36
1.53
1.59
1.83
1.98
1.95
2.12
2.41
1.06
8.65%
7.88%
—
2.53
FCF per share¥
1.81
1.71
1.56
1.61
1.67
1.84
1.68
1.74
1.92
1.86
2.49
2.21%
(0.22%)
—
1.51
Dividend per sh¥
1.19
1.36
1.53
1.69
1.85
2.10
2.25
2.50
2.88
3.00
1.61
10.08%
10.93%
—
11.23
Div yield (avg)%
8.72
8.33
7.44
7.04
9.21
10.88
9.57
10.64
12.50
9.72
8.95
10.64
9.39
44
14.87
Payout ratio%
25.16
24.64
22.39
24.58
26.72
24.77
24.78
23.03
24.19
21.92
11.81
24.19
24.61
62
0.944
Shares (diluted)B
1.192
1.113
1.003
1.109
1.026
1.125
1.023
0.989
0.891
0.919
0.899
(2.17%)
(1.97%)
94
4.54
Buyback yield%
19.63
17.62
19.71
21.33
20.25
23.06
21.74
22.74
19.81
18.34
18.93
21.74
20.03
35
1.223
D/E ratiox
0.507
0.459
0.442
0.444
0.408
0.391
0.353
0.384
0.342
0.379
0.845
0.379
0.399
94
2.645
Enterprise value¥B
1.761
1.781
1.964
2.186
2.357
2.771
3.280
3.794
4.617
4.540
3.941
14.01%
11.91%
25
2.909
LT debt¥B
3.281
3.736
3.843
4.406
4.474
4.316
4.446
4.355
5.057
5.078
3.854
2.57%
3.94%
43
Revenue
¥4.221B
5.13%
1.00×
Cost of revenue
¥2.955B
5.13%
1.00×
Operating expenses
¥647.4M
5.07%
0.99×
Goodwill & intangibles
16.68%
Cash and investments
15.12%
Spread over hurdle
(2.73%)