400.5
Revenue¥M
257.6
279.6
291.7
317.1
331.5
356.8
381.9
398.8
416.3
445.1
445.1
6.07%
6.28%
47
15.01
Revenue growth%
31.02
30.32
32.49
33.85
33.77
35.41
34.01
34.30
32.32
34.14
17.85
34.14
33.81
51
13.88
Gross margin%
11.58
12.23
11.66
10.95
11.59
13.08
12.35
12.93
15.77
14.20
18.68
13.08
12.29
62
26.06
Operating margin%
7.94
8.94
6.05
6.05
6.74
4.42
5.13
3.45
1.66
0.40
26.41
3.45
5.59
82
29.74
Net margin%
17.01
17.48
15.04
15.01
16.91
15.52
15.98
15.00
14.95
13.46
10.21
15.00
15.28
61
32.19
P/E ratio (avg)x
24.80
25.04
28.01
27.84
25.86
28.20
25.80
27.19
26.38
25.99
7.953
26.38
26.19
75
30.04
EV/EBITx
39.46
40.83
38.85
44.08
40.95
40.78
38.76
41.33
44.62
43.39
30.48
41.33
40.89
65
11.68
FCF yield (avg)%
18.65
19.30
20.03
21.60
21.48
19.24
17.68
20.51
20.55
23.06
29.02
20.51
20.27
57
26.26
FCF margin%
9.06
6.22
7.04
8.57
11.30
8.59
8.58
6.37
4.84
5.51
9.58
6.37
7.80
28
1.767
FCF / Net incomex
1.579
1.552
1.607
1.774
1.907
2.136
2.234
2.618
2.734
2.825
1.387
2.618
2.021
16
14.45
ROIC%
23.60
25.84
27.76
30.06
29.31
29.22
30.40
31.21
32.11
30.33
23.27
30.40
29.68
84
8.60
Return on equity%
31.38
32.39
29.50
30.09
31.62
32.55
34.30
31.81
30.60
28.60
10.84
31.81
31.50
73
18.47
Return on assets%
5.53
6.88
6.68
8.61
8.29
10.69
13.48
13.63
13.72
12.25
5.31
13.48
9.65
44
0.14
EPS¥
0.50
0.51
0.50
0.52
0.59
0.57
0.61
0.57
0.55
0.55
0.14
(1.39%)
1.31%
—
3.54
EPS growth%
3.05
4.52
3.57
5.97
3.46
4.89
6.74
3.77
2.13
2.99
18.74
3.77
3.67
48
0.20
Bookvalue per sh¥
0.15
0.16
0.18
0.20
0.21
0.21
0.24
0.29
0.34
0.40
0.44
13.87%
12.45%
—
0.10
FCF per share¥
0.65
0.69
0.68
0.77
0.82
0.84
0.96
1.09
1.32
1.35
0.32
10.66%
8.35%
—
0.37
Dividend per sh¥
0.34
0.39
0.46
0.52
0.57
0.63
0.71
0.81
0.96
1.14
0.11
14.97%
14.08%
—
4.45
Div yield (avg)%
0.40
0.60
0.40
0.40
2.73
3.23
5.39
5.35
4.20
6.79
26.04
5.35
2.98
13
17.96
Payout ratio%
26.85
26.04
23.85
26.62
25.81
25.87
27.98
28.58
30.62
28.49
20.91
28.49
26.73
52
556.3
Shares (diluted)M
432.4
419.9
445.0
415.0
355.1
310.8
289.5
301.0
326.5
313.1
558.8
(2.49%)
(4.71%)
32
20.40
Buyback yield%
7.71
10.49
11.19
9.53
10.65
10.06
12.66
11.64
9.78
12.76
13.14
11.64
10.57
10
1.160
D/E ratiox
1.897
2.037
1.877
2.131
2.034
2.005
2.112
2.285
2.166
2.062
0.528
2.112
2.050
25
187.2
Enterprise value¥M
109.0
112.4
129.1
127.7
132.0
124.4
134.7
154.1
166.0
177.5
112.2
6.10%
6.44%
90
292.4
LT debt¥M
346.6
328.9
281.8
283.1
284.7
250.6
236.1
233.9
226.7
217.1
119.7
(5.28%)
(5.18%)
38
Revenue
¥445.1M
6.28%
1.00×
Cost of revenue
¥261.4M
6.24%
1.00×
Operating expenses
¥103.4M
6.81%
1.05×
Goodwill & intangibles
16.00%
Spread over hurdle
(2.91%)