1.435
Revenue¥B
2.601
2.738
2.823
2.984
3.082
3.219
3.353
3.567
3.763
3.901
1.500
4.82%
4.66%
26
22.72
Revenue growth%
11.89
11.98
13.30
14.58
11.81
14.24
17.20
16.28
13.51
13.52
12.03
14.24
13.52
14
12.70
Gross margin%
15.74
15.83
15.66
13.22
12.37
9.46
6.46
4.15
1.83
4.27
2.58
4.27
10.91
46
7.62
Operating margin%
21.49
19.70
22.25
24.37
25.79
26.14
24.44
21.51
19.37
20.00
9.07
21.51
21.88
43
20.28
Net margin%
3.93
6.17
3.47
4.45
6.66
8.50
11.24
11.08
11.34
13.77
20.95
11.24
7.58
40
31.29
P/E ratio (avg)x
31.53
29.35
30.14
28.21
28.49
30.54
29.20
31.53
35.39
38.94
18.54
31.53
30.34
44
34.98
EV/EBITx
48.99
48.99
50.51
54.90
56.29
55.51
54.88
61.88
64.27
73.93
32.40
61.88
55.21
28
2.75
FCF yield (avg)%
8.90
9.71
9.57
6.67
7.04
9.78
11.79
8.92
6.43
4.50
4.82
8.92
8.91
54
28.40
FCF margin%
13.23
10.99
8.45
6.74
6.45
4.72
7.54
7.93
10.31
12.49
5.03
7.93
8.19
35
0.621
FCF / Net incomex
0.978
1.007
1.053
1.246
1.256
1.226
1.174
1.186
1.219
1.198
0.889
1.198
1.192
87
18.20
ROIC%
29.71
31.53
30.35
29.09
28.66
30.46
32.63
29.85
31.54
34.02
11.99
31.54
30.41
8
28.62
Return on equity%
31.52
33.51
32.59
34.76
33.68
32.66
35.18
36.81
36.36
37.60
15.72
36.36
34.22
15
16.26
Return on assets%
27.21
27.23
26.88
29.74
28.51
30.46
29.88
27.37
25.15
25.87
14.09
27.37
27.30
78
1.49
EPS¥
1.52
1.82
2.17
2.53
3.00
3.31
3.39
3.51
3.85
3.97
1.60
5.77%
10.50%
—
7.60
EPS growth%
19.93
17.91
17.98
18.73
20.41
17.81
19.07
19.03
19.29
20.84
10.54
19.07
19.05
71
0.23
Bookvalue per sh¥
0.37
0.39
0.42
0.41
0.47
0.55
0.61
0.68
0.72
0.76
0.49
9.83%
8.41%
—
0.40
FCF per share¥
2.17
2.22
2.59
2.83
3.33
3.65
3.82
4.25
4.10
4.27
0.62
5.12%
8.56%
—
0.56
Dividend per sh¥
0.87
0.80
0.82
0.87
0.86
0.90
0.80
0.71
0.66
0.56
1.26
(8.03%)
(4.77%)
—
26.78
Div yield (avg)%
16.23
17.27
17.04
15.80
13.44
16.11
13.89
15.18
15.77
16.48
7.33
15.77
15.96
91
25.20
Payout ratio%
4.90
3.40
3.11
2.12
0.40
0.40
0.96
0.40
0.40
0.40
29.65
0.40
0.68
21
881.0
Shares (diluted)M
621.1
680.6
658.6
668.0
614.2
543.1
565.0
517.3
514.4
516.5
929.9
(3.40%)
(3.06%)
70
27.37
Buyback yield%
27.54
30.42
28.46
31.22
32.00
33.87
35.95
37.72
39.49
36.96
22.16
36.96
32.93
47
0.766
D/E ratiox
1.326
1.390
1.287
1.380
1.360
1.270
1.083
1.170
0.999
0.885
0.188
1.083
1.278
33
2.555
Enterprise value¥B
2.760
2.679
2.989
3.324
3.792
4.006
4.020
4.560
4.412
4.440
1.251
3.21%
5.26%
75
2.162
LT debt¥B
0.898
0.958
1.023
1.176
1.284
1.477
1.668
1.805
1.826
1.877
2.944
7.89%
7.56%
49
Revenue
¥3.901B
4.66%
1.00×
Cost of revenue
¥2.095B
4.35%
0.97×
Operating expenses
¥618.5M
4.62%
1.00×
Spread over hurdle
34.82%