3.021
Revenue¥B
3.988
4.257
4.498
4.680
5.051
5.460
5.698
6.201
6.653
6.975
3.239
6.67%
6.26%
30
10.75
Revenue growth%
18.11
16.46
15.25
14.40
15.43
17.18
16.09
16.70
16.54
17.84
20.82
16.70
16.50
46
26.74
Gross margin%
27.10
25.33
26.73
28.34
29.84
29.02
30.45
28.70
28.93
31.54
28.56
29.02
28.82
82
24.87
Operating margin%
35.19
37.30
35.43
36.19
34.10
36.17
34.43
36.67
38.18
35.75
3.59
36.17
35.96
85
28.72
Net margin%
13.84
12.20
14.06
13.39
11.31
13.51
11.71
9.26
11.91
10.57
4.38
11.71
12.06
53
24.23
P/E ratio (avg)x
18.07
17.89
15.87
17.27
16.44
16.26
17.22
16.59
17.61
18.06
23.83
17.22
17.24
6
30.84
EV/EBITx
32.43
36.46
35.54
39.37
36.19
34.37
37.87
37.46
41.61
43.86
11.49
37.87
36.96
95
12.76
FCF yield (avg)%
13.38
14.44
13.14
10.65
7.83
9.96
8.06
6.48
8.17
5.81
27.06
8.06
9.06
60
9.83
FCF margin%
12.56
13.42
11.17
9.55
7.91
8.77
11.52
10.81
10.52
12.81
29.85
10.81
10.99
14
0.179
FCF / Net incomex
2.639
2.797
3.166
3.102
3.249
3.808
4.225
4.147
4.202
4.784
1.621
4.202
3.529
86
12.91
ROIC%
24.96
24.11
21.77
24.03
21.14
20.07
19.73
19.71
22.51
22.46
16.56
20.07
22.12
90
14.85
Return on equity%
7.90
10.27
7.61
6.73
5.13
5.35
3.52
6.10
8.26
10.55
12.48
6.10
7.17
42
2.48
Return on assets%
8.90
9.03
11.39
11.44
13.29
12.92
11.90
12.46
13.67
16.07
13.54
12.92
12.18
75
2.70
EPS¥
1.12
1.26
1.30
1.49
1.64
1.54
1.45
1.35
1.35
1.52
2.77
(1.53%)
3.73%
—
18.13
EPS growth%
28.04
25.95
28.57
25.78
24.38
22.67
20.74
18.05
19.97
22.67
26.95
20.74
23.53
32
3.11
Bookvalue per sh¥
1.42
1.37
1.29
1.21
1.24
1.21
1.11
0.96
0.86
0.83
3.17
(7.61%)
(6.25%)
—
0.52
FCF per share¥
1.68
1.55
1.63
1.68
1.62
1.60
1.70
1.65
1.71
1.65
1.93
0.27%
(0.04%)
—
1.50
Dividend per sh¥
3.79
4.30
4.53
4.34
4.03
4.71
5.43
6.08
6.68
7.33
1.29
12.72%
7.99%
—
10.20
Div yield (avg)%
16.88
16.82
16.17
14.80
16.10
17.85
16.93
14.25
15.79
18.47
5.85
16.93
16.50
52
27.03
Payout ratio%
9.15
10.29
7.50
6.93
5.03
4.12
3.92
6.27
7.82
9.58
16.90
6.27
7.21
58
701.1
Shares (diluted)M
713.5
772.8
814.0
748.5
728.8
708.6
655.6
677.6
668.3
623.0
706.9
(3.09%)
(2.18%)
48
22.34
Buyback yield%
25.68
24.17
23.67
25.25
25.42
22.92
20.24
21.56
18.99
19.62
29.07
20.24
23.30
43
1.118
D/E ratiox
2.041
2.352
2.578
2.519
2.376
2.483
2.691
2.798
2.727
2.828
1.391
2.727
2.549
8
4.584
Enterprise value¥B
3.428
3.688
3.643
3.787
3.836
3.400
3.673
3.467
3.774
3.798
3.446
(0.20%)
2.12%
40
1.453
LT debt¥B
1.547
1.506
1.283
1.174
1.222
1.086
1.106
1.056
1.038
0.990
4.462
(4.12%)
(5.14%)
48
Revenue
¥6.975B
6.26%
1.00×
Cost of revenue
¥4.308B
6.45%
1.02×
Operating expenses
¥774.6M
5.46%
0.93×
Spread over hurdle
10.02%