347.3
Revenue¥M
379.6
402.9
437.5
471.8
500.8
529.2
562.8
620.5
663.8
703.0
388.8
7.02%
6.94%
66
2.52
Revenue growth%
23.88
22.03
21.66
20.46
21.20
23.42
22.08
24.04
23.28
25.84
13.16
23.42
22.68
35
21.16
Gross margin%
33.97
36.68
34.63
35.05
33.84
32.30
31.30
31.70
29.28
27.62
11.88
31.30
33.07
63
7.59
Operating margin%
12.11
11.60
13.64
14.10
12.65
11.79
11.33
13.93
16.59
16.83
9.40
13.93
13.14
63
8.44
Net margin%
22.41
22.27
21.68
21.49
21.33
19.07
19.57
17.81
17.24
18.25
12.17
18.25
20.45
33
26.81
P/E ratio (avg)x
7.057
6.831
6.254
6.481
6.101
6.734
6.758
6.915
7.618
8.379
25.20
6.915
6.795
88
35.32
EV/EBITx
41.10
41.57
44.01
44.46
42.89
46.15
47.87
49.29
54.08
62.67
11.69
49.29
45.31
54
25.84
FCF yield (avg)%
26.09
24.99
27.48
29.24
26.83
27.29
29.14
31.67
32.71
34.67
22.14
31.67
28.31
6
13.65
FCF margin%
29.99
30.71
27.91
26.31
27.92
28.19
25.48
26.36
23.42
21.49
26.20
25.48
27.14
28
0.393
FCF / Net incomex
0.440
0.449
0.434
0.397
0.414
0.457
0.466
0.496
0.564
0.545
0.217
0.496
0.453
37
4.05
ROIC%
9.97
10.92
11.61
9.38
12.37
10.22
11.77
8.96
7.72
7.69
3.01
8.96
10.09
16
22.10
Return on equity%
3.20
2.14
0.98
2.70
5.66
3.46
4.17
4.64
3.15
2.44
16.67
3.46
3.18
57
19.50
Return on assets%
24.34
25.80
28.25
29.89
31.20
32.53
34.88
32.12
33.55
35.08
10.83
33.55
31.66
67
0.31
EPS¥
0.41
0.39
0.37
0.34
0.30
0.28
0.26
0.26
0.28
0.28
0.33
(1.76%)
(4.14%)
—
13.81
EPS growth%
18.11
18.97
17.54
20.21
20.80
19.86
17.74
16.09
13.30
14.73
16.69
16.09
17.92
45
0.12
Bookvalue per sh¥
0.28
0.26
0.27
0.29
0.28
0.30
0.32
0.32
0.35
0.36
0.13
4.99%
1.45%
—
0.35
FCF per share¥
0.18
0.20
0.22
0.25
0.27
0.26
0.27
0.26
0.24
0.25
0.40
(1.58%)
3.54%
—
0.42
Dividend per sh¥
0.36
0.37
0.36
0.38
0.39
0.38
0.35
0.39
0.42
0.46
0.38
3.69%
2.03%
—
25.39
Div yield (avg)%
20.06
22.70
23.33
22.58
21.89
19.31
20.63
22.53
21.82
21.19
10.62
21.19
21.86
43
11.06
Payout ratio%
33.46
30.80
33.08
33.63
34.43
34.33
34.66
32.44
32.07
30.91
25.55
32.44
33.27
23
663.4
Shares (diluted)M
609.6
533.0
517.8
470.2
444.4
412.4
405.9
428.0
451.1
439.4
663.8
(0.23%)
(3.58%)
39
22.49
Buyback yield%
23.43
24.61
22.56
21.60
24.39
26.83
26.21
23.76
21.42
22.00
27.09
23.76
23.59
85
0.688
D/E ratiox
0.503
0.461
0.506
0.470
0.511
0.498
0.467
0.509
0.487
0.546
1.265
0.498
0.500
39
590.2
Enterprise value¥M
344.8
350.6
366.1
357.6
347.4
365.8
413.1
387.0
401.2
420.2
580.1
3.87%
2.25%
94
27.50
LT debt¥M
328.7
354.9
370.8
395.4
433.8
450.2
404.8
376.4
338.6
357.7
67.28
(3.78%)
1.59%
40
Revenue
¥703.0M
6.94%
1.00×
Cost of revenue
¥465.3M
6.74%
0.98×
Operating expenses
¥102.7M
8.20%
1.12×
Goodwill & intangibles
19.67%
Cash and investments
17.44%
Spread over hurdle
(0.98%)