100.6
Revenue¥M
397.6
426.8
457.5
504.7
538.2
586.0
640.2
683.3
732.2
773.6
109.6
7.52%
7.46%
61
7.97
Revenue growth%
7.96
7.40
10.03
8.31
11.05
12.15
15.07
12.63
12.10
13.93
29.93
12.63
11.58
50
18.62
Gross margin%
18.38
21.00
19.74
22.69
21.64
23.66
21.96
23.02
25.60
22.63
10.29
23.02
22.29
14
19.56
Operating margin%
23.27
24.96
22.29
22.67
22.39
25.09
26.82
26.80
28.26
26.74
19.95
26.80
25.02
7
3.51
Net margin%
7.12
9.57
12.15
11.37
11.75
13.32
13.02
10.17
8.90
6.05
24.23
10.17
10.77
45
28.16
P/E ratio (avg)x
26.99
28.12
28.40
30.60
29.26
27.96
24.37
23.69
23.50
24.39
30.59
24.37
27.48
27
9.129
EV/EBITx
17.11
18.48
19.46
21.56
25.53
25.99
29.22
28.82
29.34
33.79
20.11
29.22
25.76
5
2.77
FCF yield (avg)%
20.05
22.28
20.68
18.50
18.38
16.70
15.45
17.99
19.42
16.93
17.12
16.93
18.44
81
13.90
FCF margin%
5.65
7.83
10.04
11.55
10.41
9.32
9.35
10.59
8.64
11.46
17.69
9.35
9.70
49
0.316
FCF / Net incomex
1.786
1.733
1.860
2.076
2.236
2.573
2.846
3.177
3.813
4.040
0.637
3.177
2.404
69
20.30
ROIC%
22.14
22.56
25.00
26.57
27.07
24.83
22.03
23.79
23.31
26.18
27.64
23.79
24.31
49
13.36
Return on equity%
6.85
5.08
2.47
0.40
0.40
0.40
1.37
2.24
2.51
2.54
23.13
2.24
2.36
10
15.84
Return on assets%
26.39
24.20
24.12
22.97
25.43
24.02
25.52
26.70
27.13
28.13
13.55
26.70
25.47
25
0.39
EPS¥
0.66
0.76
0.79
0.79
0.75
0.75
0.78
0.76
0.87
0.85
0.41
2.56%
3.63%
—
15.16
EPS growth%
4.39
6.61
9.45
9.13
9.96
7.09
7.08
8.97
9.58
7.29
17.91
7.29
8.13
92
0.54
Bookvalue per sh¥
0.31
0.32
0.33
0.32
0.34
0.39
0.40
0.41
0.39
0.45
0.48
5.39%
3.44%
—
0.25
FCF per share¥
0.42
0.38
0.38
0.42
0.41
0.47
0.52
0.55
0.62
0.66
0.51
9.99%
5.40%
—
0.55
Dividend per sh¥
0.48
0.51
0.50
0.47
0.52
0.49
0.50
0.49
0.50
0.54
0.46
0.65%
1.68%
—
6.64
Div yield (avg)%
29.77
26.90
29.75
31.99
34.51
33.23
34.19
33.41
36.19
38.85
16.42
34.19
33.32
71
23.36
Payout ratio%
29.01
30.40
32.67
29.89
29.59
29.74
29.98
30.01
30.95
28.58
16.50
29.98
29.94
13
0.997
Shares (diluted)B
0.909
1.001
1.138
1.078
1.148
1.255
1.449
1.417
1.593
1.474
0.975
5.14%
5.74%
29
10.17
Buyback yield%
29.66
27.09
24.57
24.06
22.83
20.24
17.31
19.61
21.04
20.51
17.31
20.24
21.94
18
1.005
D/E ratiox
0.406
0.382
0.423
0.459
0.523
0.562
0.556
0.509
0.475
0.520
1.270
0.520
0.492
45
834.8
Enterprise value¥M
758.9
797.6
792.8
775.7
844.7
816.9
882.1
824.7
714.9
629.3
106.1
(5.72%)
(1.43%)
7
660.9
LT debt¥M
611.3
573.4
502.7
489.0
511.1
446.4
436.4
465.0
446.5
416.4
685.1
(4.02%)
(2.98%)
37
Revenue
¥773.6M
7.46%
1.00×
Cost of revenue
¥442.8M
7.63%
1.02×
Operating expenses
¥131.2M
6.72%
0.93×
Cash and investments
16.83%
Spread over hurdle
(1.42%)