176.6
Revenue¥M
500.5
535.3
557.3
580.3
616.4
655.1
692.1
740.5
770.2
831.8
184.1
6.18%
6.08%
94
14.29
Revenue growth%
12.58
10.93
9.15
8.12
7.85
9.59
11.40
12.98
11.31
13.48
2.61
11.40
11.12
28
23.35
Gross margin%
26.41
29.13
27.20
27.54
28.31
27.18
26.38
26.56
27.55
28.06
21.45
27.18
27.37
31
25.31
Operating margin%
5.68
7.30
10.25
8.30
10.76
8.88
8.61
10.84
8.87
9.70
21.13
8.88
8.87
84
14.85
Net margin%
18.70
16.31
14.28
12.75
13.92
13.63
15.31
13.22
15.22
15.96
4.87
15.22
14.75
71
6.962
P/E ratio (avg)x
32.06
34.72
40.50
41.53
41.53
43.62
51.35
57.90
56.91
66.43
22.89
56.91
42.57
14
35.55
EV/EBITx
36.99
37.67
40.99
45.45
51.19
55.36
67.07
71.77
71.09
77.54
22.68
71.09
53.28
58
13.96
FCF yield (avg)%
24.64
27.16
27.89
30.75
29.06
30.65
30.59
33.15
35.01
37.18
22.28
33.15
30.62
5
11.60
FCF margin%
0.42
0.40
2.91
1.93
0.40
2.59
0.99
0.40
1.71
0.40
14.78
0.99
0.71
12
0.576
FCF / Net incomex
0.890
0.977
0.968
1.047
0.992
1.114
1.183
1.155
1.313
1.370
1.780
1.183
1.081
58
24.38
ROIC%
23.28
25.21
27.01
28.17
27.96
30.51
31.53
31.95
32.79
33.57
6.67
31.95
29.34
87
3.98
Return on equity%
6.96
9.92
8.32
6.34
9.33
6.70
6.22
8.57
7.37
7.45
20.07
7.37
7.41
50
8.10
Return on assets%
14.96
13.94
13.05
13.23
15.90
17.30
14.52
14.15
14.45
17.40
4.29
14.52
14.49
15
1.41
EPS¥
0.46
0.48
0.51
0.46
0.43
0.46
0.45
0.45
0.47
0.51
1.49
3.53%
0.38%
—
6.00
EPS growth%
19.82
17.38
14.50
15.78
16.94
19.26
19.06
18.21
17.03
14.38
2.56
18.21
17.21
69
0.90
Bookvalue per sh¥
0.31
0.28
0.26
0.22
0.20
0.18
0.17
0.17
0.16
0.17
1.54
(2.63%)
(7.43%)
—
1.16
FCF per share¥
1.31
1.33
1.50
1.65
1.75
1.88
2.00
2.18
2.06
2.21
0.64
4.72%
4.64%
—
0.90
Dividend per sh¥
0.67
0.73
0.73
0.67
0.66
0.68
0.74
0.82
0.76
0.85
0.51
5.29%
3.23%
—
3.26
Div yield (avg)%
2.04
0.40
1.91
1.95
4.10
3.24
1.65
0.40
0.40
0.40
19.53
0.40
1.78
34
26.65
Payout ratio%
19.99
19.93
19.53
19.40
17.72
19.06
18.46
19.04
16.41
18.59
11.89
18.59
19.05
33
291.9
Shares (diluted)M
535.3
560.4
603.4
646.3
688.0
715.5
740.5
864.0
956.9
971.2
289.4
7.14%
7.14%
91
17.05
Buyback yield%
11.12
8.72
10.44
10.58
10.02
10.50
8.51
7.22
5.32
6.56
23.20
7.22
9.37
64
0.892
D/E ratiox
2.162
2.044
2.163
2.376
2.318
2.622
2.802
3.284
3.853
3.659
1.193
3.284
2.499
40
672.2
Enterprise value¥M
185.3
175.0
173.0
163.0
161.5
165.8
170.6
176.1
199.6
210.7
755.2
5.46%
2.40%
30
675.0
LT debt¥M
420.0
426.7
455.4
449.6
546.8
536.3
649.7
745.8
893.5
900.8
688.6
10.50%
7.70%
18
Revenue
¥831.8M
6.08%
1.00×
Cost of revenue
¥561.6M
6.19%
1.01×
Operating expenses
¥158.3M
5.93%
0.99×
Goodwill & intangibles
19.16%
Cash and investments
15.51%
Spread over hurdle
10.19%