2.808
Revenue¥B
1.605
1.764
1.948
2.125
2.340
2.516
2.720
2.972
3.186
3.417
3.030
7.87%
8.75%
56
2.87
Revenue growth%
0.40
0.40
3.24
4.08
5.38
8.16
5.72
8.63
6.78
9.52
17.40
8.16
5.55
29
15.89
Gross margin%
1.72
0.40
2.17
5.03
4.71
2.68
1.81
1.00
0.40
1.28
26.15
1.28
1.77
81
25.74
Operating margin%
15.23
18.03
17.15
18.96
20.66
21.72
19.31
18.17
18.79
17.43
17.83
18.79
18.48
50
27.56
Net margin%
4.67
2.24
0.84
0.40
2.47
0.40
0.40
0.40
0.40
0.40
25.49
0.40
0.40
19
19.11
P/E ratio (avg)x
38.58
35.88
35.19
35.20
38.58
37.90
35.80
33.22
37.64
40.09
30.82
37.64
36.76
30
14.17
EV/EBITx
20.77
21.12
23.51
24.51
25.58
28.02
25.88
28.48
29.55
32.22
13.52
28.48
25.73
68
29.54
FCF yield (avg)%
13.64
14.48
12.48
9.66
8.48
8.98
9.91
7.16
5.53
4.55
11.57
7.16
9.32
77
22.41
FCF margin%
14.00
11.98
10.72
9.19
11.70
13.34
11.96
10.52
11.66
9.42
20.56
11.66
11.68
29
1.412
FCF / Net incomex
1.430
1.431
1.370
1.391
1.278
1.243
1.221
1.177
1.324
1.215
0.617
1.221
1.301
75
27.49
ROIC%
20.39
17.54
18.19
16.82
19.60
20.22
21.25
20.34
18.11
17.11
9.96
20.22
18.89
70
9.71
Return on equity%
15.41
16.25
15.45
16.88
14.00
15.34
17.92
18.20
20.97
19.43
15.38
18.20
16.56
37
18.47
Return on assets%
13.77
14.60
15.85
17.68
20.65
22.15
23.59
22.73
23.87
21.99
6.36
22.73
21.32
38
3.89
EPS¥
4.87
5.74
5.74
6.24
7.09
7.01
8.07
8.22
9.32
9.87
4.02
6.83%
8.93%
—
24.31
EPS growth%
27.80
30.02
30.42
33.39
35.52
35.61
38.55
41.37
40.90
42.13
4.91
40.90
35.56
23
4.77
Bookvalue per sh¥
3.93
3.91
3.81
3.25
3.12
3.12
3.37
3.42
3.63
3.12
1.31
(0.01%)
(3.28%)
—
3.66
FCF per share¥
1.46
1.64
1.62
1.57
1.83
1.96
2.27
2.70
2.82
2.92
5.12
9.83%
7.82%
—
3.19
Dividend per sh¥
1.96
1.90
1.86
1.78
1.96
2.18
2.08
2.11
1.92
1.87
1.23
(0.85%)
0.85%
—
19.69
Div yield (avg)%
5.15
3.91
3.34
6.13
4.11
3.52
4.79
4.67
6.83
7.07
14.05
4.79
4.73
66
19.28
Payout ratio%
8.37
6.45
4.07
6.16
8.96
9.81
12.01
13.21
14.65
12.90
2.71
12.90
9.38
50
163.9
Shares (diluted)M
177.6
193.6
211.9
207.3
233.2
229.5
252.3
264.9
298.5
340.6
163.8
7.87%
7.07%
61
29.88
Buyback yield%
11.90
9.03
10.91
9.09
8.69
10.97
12.56
11.65
10.39
11.87
27.20
11.65
10.94
8
1.407
D/E ratiox
2.487
2.811
3.329
3.387
3.701
3.693
3.610
4.009
4.276
4.580
0.894
4.009
3.651
48
0.788
Enterprise value¥B
3.530
3.383
2.997
3.342
2.996
2.661
2.546
2.416
2.192
2.199
1.851
(6.00%)
(3.62%)
73
1.338
LT debt¥B
3.302
3.325
3.438
3.682
3.754
4.105
3.853
3.566
4.008
4.417
2.581
3.30%
3.58%
91
Revenue
¥3.417B
8.75%
1.00×
Cost of revenue
¥2.165B
8.57%
0.98×
Operating expenses
¥638.9M
9.28%
1.05×
Cash and investments
18.30%
Goodwill & intangibles
17.03%
Spread over hurdle
13.01%