683.9
Revenue¥M
433.0
467.7
502.8
532.6
578.2
620.1
678.2
736.3
801.6
841.4
748.6
7.79%
7.63%
64
13.92
Revenue growth%
12.93
15.01
12.88
14.82
14.03
13.81
12.56
14.80
14.41
17.40
5.96
14.41
14.22
24
16.14
Gross margin%
16.96
14.00
11.49
9.22
8.33
5.78
2.92
0.40
1.06
0.40
6.85
1.06
7.06
80
8.77
Operating margin%
33.04
30.68
30.59
31.75
33.47
34.94
32.93
34.76
33.39
36.09
23.39
34.76
33.21
67
15.29
Net margin%
30.96
30.26
29.78
28.80
31.55
33.74
32.64
31.74
31.44
32.02
8.17
32.02
31.49
32
22.25
P/E ratio (avg)x
33.65
32.82
29.59
31.52
32.59
34.47
30.57
31.43
33.57
33.48
19.62
33.48
32.70
43
26.89
EV/EBITx
14.03
15.72
15.42
17.73
19.12
22.09
23.68
23.33
23.26
25.68
37.73
23.33
20.61
61
11.23
FCF yield (avg)%
21.05
21.95
22.58
25.27
22.40
24.54
23.69
25.63
26.27
29.19
9.00
25.63
24.12
47
22.46
FCF margin%
28.54
27.71
26.13
27.15
26.33
24.12
26.68
25.91
24.93
27.17
8.91
25.91
26.50
10
0.602
FCF / Net incomex
0.201
0.200
0.216
0.239
0.227
0.230
0.246
0.251
0.253
0.274
0.552
0.251
0.235
9
28.50
ROIC%
23.80
25.95
25.48
25.35
26.72
24.13
23.55
21.90
20.21
22.48
15.05
22.48
23.97
15
28.08
Return on equity%
24.89
26.08
24.35
23.66
26.33
27.13
24.96
26.07
25.54
27.87
14.57
26.07
25.80
34
26.39
Return on assets%
7.84
8.09
5.25
8.01
8.32
6.45
4.14
6.06
9.01
11.91
19.39
6.45
7.93
60
0.48
EPS¥
0.40
0.44
0.45
0.52
0.56
0.57
0.62
0.59
0.66
0.78
0.53
6.76%
6.74%
—
16.20
EPS growth%
15.80
16.89
14.18
16.48
14.89
14.99
16.83
16.58
14.40
15.99
9.82
15.99
15.90
15
0.20
Bookvalue per sh¥
0.63
0.56
0.50
0.45
0.44
0.43
0.39
0.35
0.38
0.41
0.54
(1.03%)
(3.42%)
—
0.63
FCF per share¥
0.52
0.56
0.61
0.72
0.73
0.78
0.81
0.79
0.78
0.88
0.29
4.04%
7.05%
—
0.25
Dividend per sh¥
0.28
0.29
0.30
0.30
0.32
0.34
0.32
0.32
0.30
0.28
0.16
(2.63%)
0.69%
—
6.70
Div yield (avg)%
4.89
6.05
7.87
6.54
5.79
8.52
8.69
11.38
12.87
10.16
14.57
10.16
8.20
56
16.78
Payout ratio%
24.52
26.86
29.78
28.51
29.93
27.95
27.16
26.43
25.84
23.47
22.19
26.43
27.01
92
322.4
Shares (diluted)M
265.1
242.0
238.9
204.0
195.6
186.2
192.2
169.2
181.9
172.2
320.6
(2.51%)
(4.66%)
83
22.24
Buyback yield%
17.29
17.51
18.20
21.15
22.17
19.23
19.72
19.19
17.07
19.66
25.88
19.23
19.21
19
1.479
D/E ratiox
0.536
0.561
0.535
0.488
0.446
0.427
0.367
0.352
0.324
0.338
1.732
0.352
0.436
89
527.5
Enterprise value¥M
171.0
158.4
164.4
181.3
175.0
174.7
163.8
147.6
155.3
145.3
54.61
(3.66%)
(0.68%)
90
343.0
LT debt¥M
74.07
79.55
82.30
79.72
82.47
74.87
77.38
70.76
70.58
76.47
195.1
(1.50%)
(0.34%)
22
Revenue
¥841.4M
7.63%
1.00×
Cost of revenue
¥460.6M
8.07%
1.04×
Operating expenses
¥111.4M
6.84%
0.93×
Cash and investments
15.72%
Spread over hurdle
30.04%