492.1
Revenue¥M
482.2
509.2
531.4
555.9
592.7
635.6
662.6
695.2
724.8
764.9
516.0
5.24%
5.18%
63
27.78
Revenue growth%
13.94
15.25
16.40
16.20
13.63
16.40
15.18
15.36
13.04
14.23
12.18
15.18
15.22
54
21.46
Gross margin%
27.49
28.37
30.05
30.67
31.01
30.94
32.61
35.00
37.39
38.96
11.04
35.00
30.98
48
16.76
Operating margin%
14.65
14.77
15.12
14.60
11.81
14.41
16.32
13.70
11.08
10.58
5.39
13.70
14.51
24
7.61
Net margin%
9.98
12.54
11.38
11.18
13.70
16.35
15.98
13.86
11.31
13.96
9.21
13.96
13.12
40
24.19
P/E ratio (avg)x
11.91
12.56
11.31
10.86
12.02
12.41
12.20
12.22
13.28
14.39
35.78
12.41
12.21
92
35.97
EV/EBITx
11.96
13.66
13.32
15.64
16.43
15.60
17.53
20.45
20.57
22.17
34.52
20.45
16.03
7
8.88
FCF yield (avg)%
11.51
13.05
15.11
14.10
12.24
12.67
10.51
9.95
9.61
9.02
18.07
9.95
11.88
51
6.33
FCF margin%
32.35
32.22
31.13
30.22
33.14
30.48
32.79
32.57
31.93
34.43
7.80
32.57
32.29
60
0.751
FCF / Net incomex
0.611
0.607
0.614
0.716
0.783
0.787
0.759
0.850
0.988
0.978
0.863
0.850
0.771
35
3.87
ROIC%
17.62
19.22
20.33
17.77
20.40
21.01
21.68
22.44
19.76
21.68
8.09
21.68
20.37
54
19.07
Return on equity%
9.86
11.62
11.75
9.34
6.38
4.72
5.42
4.42
2.55
3.77
7.30
4.42
5.90
88
5.48
Return on assets%
26.20
24.97
24.54
22.42
23.50
21.69
24.54
25.15
27.48
29.20
14.57
25.15
24.75
58
0.77
EPS¥
0.37
0.41
0.44
0.48
0.54
0.61
0.68
0.67
0.70
0.77
0.79
7.40%
9.23%
—
28.28
EPS growth%
12.83
14.21
14.24
12.78
14.06
12.22
13.80
12.20
9.90
11.43
2.35
12.20
12.81
8
0.33
Bookvalue per sh¥
0.22
0.25
0.24
0.24
0.27
0.32
0.34
0.33
0.32
0.38
0.48
6.79%
5.74%
—
0.46
FCF per share¥
0.31
0.32
0.29
0.30
0.32
0.36
0.40
0.40
0.42
0.45
0.42
6.93%
4.93%
—
0.43
Dividend per sh¥
0.59
0.63
0.72
0.75
0.75
0.85
0.83
0.84
0.96
0.91
0.37
3.89%
3.90%
—
15.53
Div yield (avg)%
11.20
9.42
11.59
9.75
12.48
10.04
11.12
14.11
15.22
16.82
14.94
14.11
11.40
40
17.30
Payout ratio%
20.49
20.65
20.95
20.87
19.76
18.79
17.84
16.02
13.85
12.74
16.52
16.02
19.27
45
672.7
Shares (diluted)M
588.1
579.3
638.5
682.5
683.3
732.3
658.9
678.2
709.8
786.0
674.0
2.84%
2.72%
78
27.90
Buyback yield%
5.28
6.88
7.97
5.60
7.97
9.41
6.80
6.95
4.39
6.14
27.82
6.80
6.84
73
1.716
D/E ratiox
1.898
1.893
2.010
1.920
1.769
1.928
1.772
1.675
1.662
1.622
0.987
1.675
1.832
73
72.58
Enterprise value¥M
604.9
618.2
667.0
627.8
591.2
656.3
638.9
606.8
620.0
637.5
372.1
1.52%
0.28%
31
480.5
LT debt¥M
342.4
361.9
384.5
433.7
432.0
440.5
510.9
565.2
571.0
553.5
731.1
5.08%
5.32%
64
Revenue
¥764.9M
5.18%
1.00×
Cost of revenue
¥391.7M
5.14%
1.00×
Operating expenses
¥182.2M
5.71%
1.05×
Goodwill & intangibles
16.55%
Spread over hurdle
(3.20%)