3.082
Revenue¥B
2.149
2.375
2.592
2.835
3.091
3.340
3.590
3.977
4.244
4.661
3.234
8.57%
8.81%
81
26.78
Revenue growth%
13.98
16.95
14.81
13.94
15.67
17.17
17.97
18.43
17.32
16.47
14.74
17.32
16.71
16
24.89
Gross margin%
17.29
18.73
18.39
20.25
20.86
21.04
18.15
17.05
15.39
13.42
15.93
17.05
18.27
7
18.24
Operating margin%
28.16
28.00
27.95
27.75
26.89
25.95
26.33
24.23
25.65
25.59
8.48
25.65
26.61
9
5.13
Net margin%
21.07
19.53
17.11
17.06
18.26
15.69
13.03
12.07
9.60
9.68
10.41
12.07
16.37
50
29.99
P/E ratio (avg)x
6.555
5.643
5.838
6.180
6.213
5.963
5.900
5.203
4.860
4.713
15.33
5.203
5.869
79
8.550
EV/EBITx
40.27
41.21
41.98
49.38
57.05
56.67
62.71
74.32
73.10
71.25
24.10
71.25
56.86
93
21.83
FCF yield (avg)%
28.00
30.88
32.00
33.29
33.94
31.15
29.12
29.63
30.99
31.56
6.66
30.99
31.07
69
13.26
FCF margin%
17.58
17.02
19.82
19.15
17.30
14.54
14.28
12.31
11.75
12.59
3.49
12.59
15.78
85
1.237
FCF / Net incomex
1.312
1.271
1.286
1.438
1.335
1.275
1.171
1.224
1.312
1.403
1.138
1.275
1.299
40
2.39
ROIC%
27.76
27.50
28.93
29.12
26.86
24.94
27.47
29.43
31.02
28.95
5.90
28.95
28.35
63
27.80
Return on equity%
1.28
2.69
3.10
4.24
3.58
4.30
1.65
0.40
2.72
0.40
17.02
1.65
2.71
43
21.80
Return on assets%
27.83
26.84
27.68
30.20
27.75
29.78
29.42
27.96
29.88
27.16
2.12
29.42
27.90
50
0.56
EPS¥
5.63
5.61
5.68
5.52
6.13
6.58
7.21
7.88
8.32
8.77
0.59
7.44%
4.41%
—
8.10
EPS growth%
2.84
4.95
4.48
5.56
6.41
7.73
8.44
5.67
3.83
1.91
12.78
5.67
5.26
32
1.29
Bookvalue per sh¥
4.43
4.39
4.54
4.99
4.77
4.47
4.87
5.31
5.20
5.16
3.44
1.60%
0.92%
—
3.05
FCF per share¥
2.60
3.10
3.04
3.54
4.00
4.01
4.08
4.79
5.79
6.40
1.15
9.88%
10.73%
—
2.95
Dividend per sh¥
3.83
4.26
4.41
4.58
4.50
5.24
5.75
6.27
7.10
8.15
2.48
12.60%
9.14%
—
9.08
Div yield (avg)%
26.86
24.26
24.56
23.59
24.22
21.42
24.13
25.83
23.48
23.88
20.64
23.88
24.17
20
29.38
Payout ratio%
24.68
26.72
29.53
31.99
31.59
31.86
33.68
32.96
30.35
30.29
6.60
31.86
30.97
75
880.0
Shares (diluted)M
843.2
798.0
777.1
742.2
805.0
743.7
781.5
801.3
842.9
809.4
858.5
0.11%
(1.29%)
78
17.57
Buyback yield%
12.33
13.89
13.99
15.44
17.66
15.20
16.15
15.48
18.43
20.43
8.30
16.15
15.46
31
1.181
D/E ratiox
0.220
0.225
0.232
0.212
0.199
0.188
0.204
0.205
0.203
0.181
0.809
0.203
0.205
60
1.202
Enterprise value¥B
5.098
4.767
5.015
5.582
5.834
6.308
6.392
6.381
5.677
5.723
0.724
(0.39%)
0.25%
10
1.706
LT debt¥B
3.279
3.565
3.192
3.138
3.318
3.509
3.061
2.777
2.743
2.705
3.463
(4.00%)
(1.29%)
92
Revenue
¥4.661B
8.81%
1.00×
Cost of revenue
¥2.858B
8.66%
0.99×
Operating expenses
¥842.4M
8.51%
0.97×
Cash and investments
15.53%
Spread over hurdle
(0.65%)