3.711
Revenue¥B
2.573
2.700
2.884
3.105
3.344
3.521
3.736
3.901
4.163
4.325
3.912
5.28%
5.95%
10
29.39
Revenue growth%
2.12
0.40
0.97
0.40
0.40
0.40
0.94
3.68
5.42
2.92
27.56
2.92
0.95
14
21.04
Gross margin%
25.61
23.97
25.93
24.58
25.66
23.37
25.07
23.70
26.42
28.83
27.36
25.07
25.34
69
12.87
Operating margin%
8.83
9.83
9.67
10.43
10.88
13.18
14.20
15.94
14.12
14.73
17.93
14.20
12.03
50
25.60
Net margin%
23.77
22.64
23.72
22.43
23.87
22.64
22.29
22.97
21.39
24.10
9.66
22.64
22.80
51
36.53
P/E ratio (avg)x
33.50
32.74
28.64
29.07
26.51
24.76
22.32
22.23
23.98
22.07
25.73
22.32
25.63
77
36.02
EV/EBITx
31.45
32.61
33.11
33.36
36.30
38.40
40.58
47.29
56.47
66.99
6.249
47.29
37.35
31
24.64
FCF yield (avg)%
16.07
16.39
16.10
16.65
18.11
17.65
19.00
20.06
20.00
17.55
19.90
19.00
17.60
39
8.62
FCF margin%
19.12
18.56
17.90
18.37
17.97
15.30
14.03
14.22
14.76
14.40
17.12
14.40
16.60
71
0.805
FCF / Net incomex
1.115
1.007
1.022
0.958
1.000
1.045
1.131
1.094
0.973
0.920
0.955
1.045
1.014
20
8.21
ROIC%
18.61
19.92
21.24
22.15
23.07
23.21
21.28
19.55
17.53
15.92
17.69
19.55
20.58
7
4.94
Return on equity%
14.32
12.63
11.92
9.35
10.09
12.93
14.63
16.60
16.08
14.46
28.97
14.63
13.62
48
6.21
Return on assets%
28.99
29.02
29.00
26.22
26.66
28.64
28.00
28.29
29.33
27.10
13.98
28.29
28.46
86
4.41
EPS¥
7.72
7.26
7.33
8.31
8.06
8.21
8.46
8.43
8.82
9.12
4.60
2.50%
1.34%
—
26.68
EPS growth%
18.34
16.67
17.20
15.36
16.41
18.03
19.89
18.69
15.83
18.49
20.80
18.49
17.62
85
3.99
Bookvalue per sh¥
3.82
3.47
3.12
3.36
3.54
3.16
3.38
2.99
3.35
3.27
5.05
(1.60%)
(2.44%)
—
4.06
FCF per share¥
6.50
6.47
7.45
8.99
10.05
10.19
11.77
12.56
14.90
15.52
4.70
9.07%
10.44%
—
4.39
Dividend per sh¥
1.31
1.36
1.26
1.34
1.41
1.33
1.28
1.15
1.11
1.22
2.60
(2.92%)
(1.96%)
—
2.93
Div yield (avg)%
30.28
31.58
30.85
31.59
31.88
30.78
29.58
31.97
29.55
32.42
7.38
30.78
31.21
94
13.02
Payout ratio%
11.93
11.30
10.84
10.05
10.74
9.74
9.24
9.58
7.43
7.17
26.88
9.24
9.89
73
275.7
Shares (diluted)M
347.8
400.1
373.2
354.1
327.4
360.1
411.2
403.3
452.6
451.3
274.5
6.63%
2.49%
84
29.38
Buyback yield%
22.90
24.51
26.29
27.58
24.85
24.25
25.57
23.89
21.23
21.69
28.99
23.89
24.38
19
1.369
D/E ratiox
1.978
1.851
1.880
1.894
2.155
2.080
1.942
2.093
2.371
2.414
1.162
2.093
2.029
30
1.248
Enterprise value¥B
2.303
2.145
2.101
1.839
1.867
1.800
1.850
1.865
2.013
1.808
3.223
(0.64%)
(1.60%)
93
1.082
LT debt¥B
4.460
5.287
6.047
7.205
8.346
8.625
10.30
11.68
13.19
15.65
1.838
13.40%
14.73%
23
Revenue
¥4.325B
5.95%
1.00×
Cost of revenue
¥3.002B
5.94%
1.00×
Operating expenses
¥564.1M
5.59%
0.97×
Spread over hurdle
10.79%