220.8
Revenue¥M
391.6
415.6
443.3
468.1
482.2
507.6
538.3
555.8
579.3
600.5
232.0
4.48%
4.80%
23
13.17
Revenue growth%
31.77
32.60
32.20
33.91
31.05
32.22
34.91
34.19
34.58
34.47
4.91
34.47
33.26
70
17.42
Gross margin%
21.92
20.50
23.45
21.15
20.55
19.43
16.66
16.29
14.73
11.79
7.99
16.29
19.97
25
28.66
Operating margin%
31.15
32.39
32.45
34.84
32.56
31.29
32.98
35.07
32.66
32.73
13.77
32.73
32.61
79
10.24
Net margin%
5.36
5.25
6.94
4.04
6.56
6.29
4.86
7.05
4.65
3.48
23.74
4.86
5.31
39
10.68
P/E ratio (avg)x
17.17
16.38
15.67
14.85
14.70
16.08
17.79
18.19
17.58
18.75
8.721
17.79
16.78
53
28.60
EV/EBITx
28.79
26.33
29.73
31.54
28.21
26.50
25.71
27.16
25.25
27.48
10.25
26.50
27.32
39
23.89
FCF yield (avg)%
21.57
24.31
24.28
23.01
22.14
24.36
22.50
24.52
22.28
21.91
16.43
22.50
22.75
55
25.34
FCF margin%
12.10
12.58
12.38
10.08
7.52
7.64
9.72
8.15
6.45
5.85
13.67
7.64
8.94
78
1.607
FCF / Net incomex
1.099
1.097
1.184
1.126
1.149
1.058
1.006
0.950
1.014
0.953
0.409
1.006
1.077
88
16.72
ROIC%
23.98
26.76
27.70
28.74
30.26
31.81
29.52
32.36
34.91
35.32
5.55
32.36
29.89
81
25.85
Return on equity%
11.29
13.46
14.65
14.84
17.32
18.42
17.39
17.35
18.25
16.54
19.38
17.39
16.93
27
9.93
Return on assets%
8.09
6.24
7.74
7.88
7.60
7.34
6.16
5.50
7.53
6.84
2.45
6.84
7.43
8
1.72
EPS¥
0.39
0.41
0.39
0.43
0.39
0.36
0.31
0.29
0.31
0.29
1.76
(5.79%)
(2.54%)
—
12.87
EPS growth%
14.41
15.87
15.24
15.23
17.91
16.47
16.74
18.77
17.21
14.94
23.47
16.74
16.17
83
1.73
Bookvalue per sh¥
1.73
1.79
1.70
1.52
1.58
1.61
1.71
1.84
1.57
1.48
1.64
(1.24%)
(2.00%)
—
2.24
FCF per share¥
1.04
1.11
1.19
1.21
1.13
1.21
1.26
1.18
1.02
1.04
2.25
(1.65%)
0.23%
—
0.95
Dividend per sh¥
0.54
0.59
0.62
0.64
0.72
0.77
0.74
0.77
0.79
0.95
0.57
5.67%
6.70%
—
15.01
Div yield (avg)%
18.38
18.89
17.31
17.80
18.59
15.91
13.12
12.78
11.65
9.90
14.91
12.78
16.61
88
11.61
Payout ratio%
8.19
9.43
9.02
9.94
10.24
9.34
10.91
13.25
12.57
12.95
26.96
12.57
10.09
86
217.0
Shares (diluted)M
315.4
314.3
372.6
405.4
468.0
524.5
543.6
586.4
691.1
773.2
223.4
10.56%
10.24%
65
14.02
Buyback yield%
21.73
22.96
23.76
25.09
22.18
21.80
19.55
18.66
21.56
19.84
24.76
19.84
21.76
90
0.375
D/E ratiox
2.046
2.262
2.052
2.013
2.137
1.970
2.067
2.147
1.946
1.812
0.572
1.970
2.049
24
0.191
Enterprise value¥B
0.995
1.032
1.082
1.188
1.312
1.188
1.274
1.409
1.289
1.243
0.387
(1.08%)
2.36%
27
329.4
LT debt¥M
82.83
92.62
95.47
110.5
130.3
145.4
167.7
177.6
196.2
188.6
813.0
7.67%
10.43%
38
Revenue
¥600.5M
4.80%
1.00×
Cost of revenue
¥300.2M
4.88%
1.01×
Operating expenses
¥135.0M
4.40%
0.96×
Cash and investments
18.47%
Spread over hurdle
(2.15%)