276.5
Revenue¥M
278.3
295.2
323.6
356.0
392.5
417.5
445.3
475.4
512.4
552.6
307.5
7.08%
8.12%
16
23.02
Revenue growth%
20.73
21.58
24.57
23.31
24.15
22.54
24.08
26.17
29.06
29.89
3.90
26.17
24.11
40
19.50
Gross margin%
2.87
4.90
2.31
2.41
1.56
0.40
0.40
3.00
0.40
2.51
15.87
0.40
2.36
51
10.03
Operating margin%
8.30
5.93
6.39
6.05
5.04
3.79
0.95
3.74
5.34
5.32
7.58
3.79
5.33
50
4.79
Net margin%
3.47
5.52
5.13
3.33
3.75
2.75
2.47
0.40
2.59
4.22
7.40
2.59
3.40
18
10.52
P/E ratio (avg)x
25.39
29.52
32.45
32.56
36.24
34.96
36.49
37.35
37.59
38.99
37.96
37.35
35.60
46
27.36
EV/EBITx
32.16
31.34
32.28
34.40
37.36
40.83
36.45
35.66
32.41
35.85
33.34
35.85
35.03
27
7.80
FCF yield (avg)%
20.43
21.02
23.47
20.77
21.00
21.93
22.11
20.14
20.19
19.58
26.71
20.19
20.88
72
18.71
FCF margin%
4.88
6.74
8.23
10.22
11.37
11.01
13.63
13.96
11.39
9.73
27.65
11.39
10.62
63
0.205
FCF / Net incomex
0.644
0.697
0.713
0.770
0.831
0.923
1.057
1.159
1.297
1.292
0.851
1.159
0.877
22
21.04
ROIC%
12.82
14.56
14.98
13.94
16.79
18.09
19.59
22.09
19.80
16.96
12.19
19.59
16.87
32
8.74
Return on equity%
20.19
18.97
18.30
19.90
20.77
18.26
16.77
15.15
15.18
12.59
11.11
15.18
18.28
27
27.00
Return on assets%
27.53
27.05
24.90
26.14
24.42
22.82
23.62
22.10
20.90
21.25
16.93
22.10
24.02
86
1.83
EPS¥
4.95
5.36
6.07
6.49
7.00
7.87
8.21
9.24
10.71
11.78
2.04
10.97%
10.70%
—
8.92
EPS growth%
8.78
7.55
7.60
4.95
2.70
1.12
1.19
3.77
2.09
0.72
7.02
1.19
3.23
41
3.15
Bookvalue per sh¥
1.68
1.62
1.65
1.77
1.70
1.59
1.61
1.66
1.62
1.64
3.12
(0.70%)
(1.28%)
—
2.85
FCF per share¥
1.85
1.83
1.70
1.88
2.03
2.24
2.39
2.41
2.22
2.28
2.22
2.35%
2.60%
—
3.28
Dividend per sh¥
2.80
3.15
3.06
3.63
3.48
3.48
3.57
3.75
4.25
4.57
1.02
5.58%
6.46%
—
13.72
Div yield (avg)%
10.27
13.05
15.80
15.46
16.22
17.79
16.10
13.89
14.95
13.08
24.45
14.95
15.21
79
29.94
Payout ratio%
23.46
25.19
28.14
27.39
24.95
22.26
23.67
23.84
23.95
23.86
13.46
23.84
23.90
90
98.00
Shares (diluted)M
132.3
138.6
137.5
144.3
152.1
173.6
202.5
202.4
201.1
198.4
98.05
5.45%
5.32%
50
13.47
Buyback yield%
23.18
21.49
24.30
23.73
23.59
25.76
27.36
28.21
27.34
29.05
9.85
27.36
25.03
89
1.428
D/E ratiox
0.420
0.373
0.391
0.400
0.371
0.409
0.399
0.419
0.420
0.428
1.625
0.419
0.404
32
238.7
Enterprise value¥M
680.9
747.5
739.2
759.0
736.3
764.7
834.5
788.1
844.4
755.1
356.8
0.50%
1.64%
11
60.17
LT debt¥M
154.8
162.2
172.4
164.8
168.9
159.6
148.9
144.1
161.3
178.4
79.01
1.10%
0.84%
18
Revenue
¥552.6M
8.12%
1.00×
Cost of revenue
¥322.3M
7.94%
0.98×
Operating expenses
¥109.1M
8.30%
1.02×
Goodwill & intangibles
18.37%
Spread over hurdle
(1.27%)