238.7
Revenue¥M
355.0
379.1
395.6
405.2
419.7
436.1
447.3
465.1
487.5
498.5
263.1
3.50%
3.79%
58
29.10
Revenue growth%
18.43
17.19
19.05
19.55
20.95
23.56
25.27
23.96
26.62
28.54
17.76
25.27
22.26
41
7.94
Gross margin%
19.32
22.30
23.28
26.14
25.00
25.20
24.06
24.54
22.06
25.00
24.79
24.54
24.30
37
16.11
Operating margin%
16.04
16.54
13.60
15.97
13.73
13.20
15.86
13.49
14.89
16.30
16.77
14.89
15.37
38
16.49
Net margin%
23.26
20.37
18.82
16.49
17.70
16.51
16.39
14.61
12.49
14.54
22.11
14.61
16.50
25
20.52
P/E ratio (avg)x
8.916
9.466
10.30
11.13
10.28
9.677
9.854
9.663
10.04
10.21
17.56
9.854
9.945
27
28.37
EV/EBITx
9.071
9.517
9.274
9.859
9.215
8.378
7.416
8.099
7.446
7.070
20.70
7.446
8.724
17
29.42
FCF yield (avg)%
15.39
13.95
15.56
15.39
16.21
17.94
18.88
17.10
17.30
17.73
14.66
17.73
16.65
26
26.86
FCF margin%
31.36
31.89
30.29
29.50
28.49
30.67
32.90
31.62
29.91
30.41
23.46
30.67
30.54
82
0.666
FCF / Net incomex
2.893
3.033
2.979
2.907
3.162
3.204
3.813
4.193
4.684
4.737
1.585
4.193
3.183
10
19.35
ROIC%
19.70
21.12
20.11
19.02
20.55
20.70
21.98
21.61
24.40
21.80
29.43
21.80
20.91
92
4.38
Return on equity%
24.05
25.48
27.02
27.50
25.19
22.54
25.49
25.78
28.72
31.25
23.63
25.78
25.63
17
27.79
Return on assets%
28.15
27.88
25.41
26.65
29.49
31.71
30.28
31.35
32.78
33.94
24.18
31.71
29.89
23
0.42
EPS¥
0.20
0.22
0.22
0.21
0.24
0.25
0.24
0.27
0.26
0.26
0.43
1.62%
2.13%
—
16.36
EPS growth%
15.99
14.63
14.06
12.40
10.40
13.04
11.28
11.16
8.69
6.07
28.74
11.16
11.84
25
0.57
Bookvalue per sh¥
1.06
1.09
1.00
0.92
0.84
0.82
0.83
0.82
0.76
0.76
0.16
(1.99%)
(3.85%)
—
0.15
FCF per share¥
0.43
0.40
0.42
0.45
0.42
0.48
0.45
0.48
0.54
0.62
0.68
7.74%
4.56%
—
0.65
Dividend per sh¥
0.45
0.49
0.50
0.58
0.64
0.62
0.74
0.89
1.05
1.08
0.54
11.03%
10.89%
—
3.34
Div yield (avg)%
20.12
20.65
19.55
17.21
17.86
16.32
18.50
18.63
17.36
15.12
22.84
17.36
18.18
51
29.57
Payout ratio%
20.97
18.12
17.63
15.46
16.86
14.27
16.54
13.55
12.65
12.41
14.44
13.55
16.00
94
565.2
Shares (diluted)M
655.9
661.6
660.8
710.4
754.2
850.0
869.4
803.4
893.4
890.6
560.9
3.38%
3.32%
70
3.27
Buyback yield%
23.38
24.75
24.74
22.87
20.95
23.61
26.38
28.57
30.92
32.88
22.95
28.57
24.74
7
0.796
D/E ratiox
1.975
2.228
2.287
2.233
2.576
2.544
2.836
2.919
2.868
3.401
0.742
2.868
2.560
42
403.4
Enterprise value¥M
350.6
374.4
362.4
391.1
412.8
477.8
484.7
512.4
580.6
618.4
89.90
8.42%
6.08%
55
126.1
LT debt¥M
496.2
511.0
459.3
474.9
474.3
416.0
453.0
411.8
422.3
397.2
617.8
(3.48%)
(1.42%)
30
Revenue
¥498.5M
3.79%
1.00×
Cost of revenue
¥319.5M
3.92%
1.01×
Operating expenses
¥74.99M
3.00%
0.93×
Cash and investments
14.25%
Spread over hurdle
(3.30%)