5.625
Revenue¥B
5.013
5.356
5.621
5.902
6.170
6.687
7.003
7.513
7.937
8.495
6.200
6.60%
5.80%
82
19.07
Revenue growth%
10.05
12.84
13.51
14.93
12.56
12.66
12.12
14.28
16.00
15.31
8.18
14.28
13.18
92
3.32
Gross margin%
22.55
21.61
20.86
22.09
20.81
22.17
24.04
25.60
26.16
27.55
16.51
25.60
22.36
49
22.06
Operating margin%
14.38
12.94
11.18
10.81
13.17
12.12
10.72
11.29
13.41
13.99
20.99
12.12
12.53
37
25.05
Net margin%
31.40
31.04
31.23
32.17
31.63
32.12
33.25
34.31
35.33
35.55
17.21
34.31
32.14
20
13.19
P/E ratio (avg)x
14.64
13.03
11.13
10.35
9.805
8.472
7.315
6.518
7.014
7.363
36.60
7.315
9.139
52
21.72
EV/EBITx
40.85
45.89
54.90
58.37
58.90
67.81
80.72
83.86
95.04
95.50
36.05
83.86
63.35
8
11.29
FCF yield (avg)%
26.32
24.52
25.14
26.01
24.62
26.89
28.49
30.51
28.80
30.32
16.94
28.80
26.60
79
6.41
FCF margin%
6.04
6.88
5.12
5.24
4.46
4.64
3.50
0.70
2.71
4.28
4.95
3.50
4.55
36
1.239
FCF / Net incomex
0.153
0.160
0.169
0.193
0.185
0.210
0.235
0.227
0.256
0.292
1.094
0.235
0.201
54
14.67
ROIC%
8.86
6.08
4.67
2.73
2.56
0.73
0.40
0.40
0.40
2.39
15.94
0.40
2.47
68
25.02
Return on equity%
21.22
23.87
25.90
25.99
26.18
26.50
24.18
26.78
28.72
27.83
26.49
26.78
26.08
38
29.14
Return on assets%
19.78
18.88
17.70
16.43
19.15
18.09
17.63
20.38
17.90
19.20
18.05
18.09
18.48
32
0.64
EPS¥
3.31
3.13
3.22
2.95
2.92
2.97
3.08
3.39
3.02
3.17
0.66
1.70%
0.20%
—
4.39
EPS growth%
33.80
34.01
33.19
35.17
35.94
38.29
40.93
43.18
43.45
42.62
25.55
42.62
37.11
43
2.52
Bookvalue per sh¥
2.29
2.38
2.17
2.21
2.23
2.49
2.68
3.02
3.08
3.26
3.68
7.87%
3.52%
—
0.79
FCF per share¥
6.85
7.45
8.64
9.23
11.01
11.23
11.35
11.75
12.10
13.74
2.36
4.53%
8.30%
—
2.75
Dividend per sh¥
2.95
3.27
3.64
4.02
4.58
4.53
4.93
5.34
5.86
6.44
0.72
7.05%
7.92%
—
5.73
Div yield (avg)%
10.28
8.21
9.64
10.50
11.42
9.86
9.48
12.05
9.90
8.79
25.77
9.86
9.88
77
19.64
Payout ratio%
0.40
3.05
3.02
0.56
2.78
1.99
0.40
0.40
0.40
2.65
3.38
0.40
1.27
88
0.739
Shares (diluted)B
1.024
1.079
1.196
1.181
1.368
1.472
1.600
1.781
1.950
2.340
0.738
11.33%
9.21%
83
8.74
Buyback yield%
4.09
4.69
5.35
2.87
2.94
0.62
2.43
0.40
0.40
0.40
11.76
0.40
2.65
59
0.871
D/E ratiox
1.356
1.288
1.273
1.367
1.433
1.526
1.707
1.793
1.741
2.026
1.439
1.741
1.479
90
2.216
Enterprise value¥B
3.009
3.343
3.110
2.863
3.190
2.936
3.110
3.437
3.808
4.062
2.442
4.95%
4.14%
61
1.256
LT debt¥B
8.123
8.593
8.900
9.006
8.971
9.931
10.58
10.98
11.22
12.69
5.525
7.18%
5.83%
24
Revenue
¥8.495B
5.80%
1.00×
Cost of revenue
¥5.526B
5.97%
1.02×
Operating expenses
¥2.117B
6.02%
1.02×
Property and equipment
18.64%
Cash and investments
15.45%
Spread over hurdle
(3.47%)