1.384
Revenue¥B
0.968
1.050
1.093
1.178
1.264
1.364
1.432
1.519
1.626
1.715
1.476
6.30%
6.28%
71
23.65
Revenue growth%
14.36
11.91
11.93
13.67
13.20
13.64
13.86
13.18
12.10
12.29
16.53
13.18
13.19
75
3.85
Gross margin%
30.07
31.75
33.98
35.82
33.23
31.41
32.75
34.69
34.86
32.92
24.94
32.92
33.08
50
9.61
Operating margin%
24.27
21.94
22.89
25.29
28.01
26.50
24.48
25.34
27.92
27.37
2.61
26.50
25.32
81
29.53
Net margin%
18.56
18.65
17.09
15.45
16.78
15.19
16.50
19.29
19.83
18.52
2.66
18.52
17.81
89
14.59
P/E ratio (avg)x
24.17
23.53
24.62
22.31
19.04
17.76
18.37
16.35
15.31
16.61
7.167
16.61
18.70
27
19.69
EV/EBITx
37.72
39.22
42.61
46.33
47.78
49.15
44.41
42.83
39.49
38.35
33.94
42.83
42.72
38
7.05
FCF yield (avg)%
27.15
24.15
21.74
24.16
24.30
23.76
26.07
27.34
29.08
27.57
3.87
27.34
25.18
64
26.57
FCF margin%
12.18
12.30
10.60
12.01
14.59
14.39
14.45
13.32
14.47
13.09
24.06
14.39
13.21
25
0.269
FCF / Net incomex
0.932
1.045
1.071
1.185
1.163
1.187
1.149
1.247
1.409
1.517
1.615
1.247
1.174
14
10.30
ROIC%
2.26
0.40
2.88
1.47
0.40
0.40
0.40
3.39
2.05
2.71
13.16
2.05
1.76
21
8.61
Return on equity%
16.17
14.99
15.20
13.49
13.63
12.84
14.55
12.63
10.07
7.59
4.99
12.63
13.56
23
5.24
Return on assets%
19.11
21.30
19.98
17.23
19.87
22.02
21.68
20.44
18.11
18.67
5.12
20.44
19.93
72
0.56
EPS¥
1.44
1.55
1.34
1.36
1.35
1.46
1.53
1.39
1.45
1.54
0.59
2.59%
0.18%
—
22.95
EPS growth%
9.99
9.50
9.72
7.60
10.35
8.09
6.44
8.40
10.53
9.15
10.00
8.40
9.32
65
1.08
Bookvalue per sh¥
1.05
1.15
1.12
1.35
1.57
1.63
1.94
2.16
2.56
2.57
1.33
10.31%
10.69%
—
1.34
FCF per share¥
1.61
1.63
1.58
1.66
1.59
1.69
1.94
2.23
2.20
2.15
1.25
6.26%
3.15%
—
0.23
Dividend per sh¥
0.85
0.87
0.87
0.81
0.91
0.90
0.87
0.91
0.94
0.91
1.19
(0.05%)
0.33%
—
21.74
Div yield (avg)%
10.17
11.65
14.24
16.59
16.34
17.84
17.43
17.79
18.23
19.58
14.29
17.84
17.01
32
13.47
Payout ratio%
21.80
19.95
17.67
16.51
15.42
16.55
18.81
19.03
20.70
21.86
26.76
19.03
18.92
80
810.2
Shares (diluted)M
511.8
436.7
368.1
359.3
374.9
320.0
329.9
295.2
251.1
268.2
817.1
(6.48%)
(6.27%)
52
7.75
Buyback yield%
12.66
13.71
15.72
15.98
18.25
18.30
19.04
16.65
15.40
15.06
13.57
16.65
15.85
55
0.724
D/E ratiox
0.310
0.307
0.309
0.281
0.262
0.274
0.259
0.270
0.246
0.235
1.449
0.259
0.272
52
635.4
Enterprise value¥M
583.6
592.7
518.0
524.9
557.3
613.4
652.3
700.7
632.3
643.2
994.5
2.91%
0.29%
64
1.699
LT debt¥B
1.168
1.089
1.018
1.092
1.111
1.103
1.200
1.239
1.272
1.327
0.160
3.62%
0.22%
39
Revenue
¥1.715B
6.28%
1.00×
Cost of revenue
¥759.8M
6.15%
0.99×
Operating expenses
¥360.0M
6.17%
0.99×
Spread over hurdle
18.03%