253.3
Revenue¥M
164.6
172.9
186.7
200.6
214.8
231.0
250.9
268.8
282.6
301.6
266.1
7.02%
6.72%
80
26.73
Revenue growth%
7.68
7.94
10.34
10.24
12.72
15.61
13.15
12.53
11.25
12.88
4.74
12.88
11.89
9
3.96
Gross margin%
17.11
19.22
20.60
21.15
22.72
22.16
23.18
20.79
20.97
22.87
5.17
22.16
21.06
91
4.34
Operating margin%
1.59
2.86
0.40
0.60
0.40
1.16
2.92
3.79
1.23
3.47
5.48
2.92
1.41
29
12.56
Net margin%
17.90
18.39
17.95
17.81
16.95
17.70
18.20
16.04
16.51
15.87
8.90
16.51
17.75
72
9.707
P/E ratio (avg)x
20.73
20.81
23.82
23.99
24.02
23.04
26.32
26.92
26.66
30.02
35.26
26.66
24.00
56
23.84
EV/EBITx
23.09
22.95
21.32
22.50
24.36
21.92
19.08
16.93
15.91
17.01
11.29
17.01
21.62
43
29.01
FCF yield (avg)%
7.72
9.96
12.32
13.77
13.79
14.76
13.21
12.83
10.03
7.33
24.42
12.83
12.57
51
4.82
FCF margin%
7.96
8.88
6.45
5.78
3.81
4.50
3.00
3.67
2.37
3.52
3.65
3.52
4.16
53
0.190
FCF / Net incomex
0.498
0.505
0.556
0.535
0.541
0.482
0.455
0.412
0.402
0.422
1.081
0.422
0.490
25
17.27
ROIC%
12.34
10.58
8.75
6.72
4.49
6.89
9.68
10.81
11.74
13.62
5.79
10.81
10.13
23
20.22
Return on equity%
4.65
4.43
5.53
4.71
2.68
2.05
3.87
1.58
1.84
0.40
6.73
1.84
3.28
43
18.64
Return on assets%
18.56
19.18
21.68
24.44
26.76
26.93
28.79
29.37
27.03
24.26
26.33
27.03
25.60
60
0.32
EPS¥
0.84
0.96
1.01
1.17
1.16
1.38
1.56
1.87
1.95
2.13
0.33
12.97%
11.20%
—
27.45
EPS growth%
14.03
12.48
15.40
15.86
13.05
15.82
15.04
12.06
11.62
13.54
28.06
13.54
13.78
92
0.73
Bookvalue per sh¥
0.75
0.85
0.91
0.93
0.86
0.86
0.97
1.04
1.01
1.09
1.38
4.92%
5.08%
—
1.34
FCF per share¥
0.29
0.29
0.28
0.30
0.34
0.32
0.36
0.39
0.37
0.39
0.39
2.91%
2.93%
—
1.24
Dividend per sh¥
1.47
1.42
1.42
1.52
1.67
1.54
1.65
1.47
1.43
1.32
0.53
(4.67%)
(0.27%)
—
28.44
Div yield (avg)%
17.04
19.10
18.36
17.92
16.46
14.57
15.76
18.25
17.94
17.15
22.35
17.15
17.53
74
22.50
Payout ratio%
27.67
24.68
24.68
26.73
29.71
29.84
31.94
29.83
31.74
29.98
13.01
29.98
29.77
9
236.7
Shares (diluted)M
357.3
356.4
386.1
430.2
477.4
479.9
479.2
466.6
499.3
494.2
234.0
0.70%
4.08%
39
15.92
Buyback yield%
16.62
14.10
15.68
18.42
20.95
21.58
23.05
25.10
27.08
26.82
28.24
25.10
21.27
11
1.225
D/E ratiox
1.005
0.986
0.930
0.901
0.834
0.879
0.849
0.862
0.909
0.796
0.101
0.862
0.890
34
54.07
Enterprise value¥M
351.5
370.0
345.8
360.8
343.1
318.3
301.5
273.8
287.2
285.5
138.4
(3.61%)
(0.92%)
34
178.1
LT debt¥M
149.6
167.3
153.9
142.7
162.1
175.3
163.7
181.0
186.0
179.2
172.4
2.03%
1.38%
29
Revenue
¥301.6M
6.72%
1.00×
Cost of revenue
¥204.0M
6.74%
1.00×
Operating expenses
¥63.54M
6.47%
0.98×
Goodwill & intangibles
20.95%
Cash and investments
13.88%
Spread over hurdle
(0.40%)