1.098
Revenue¥B
0.429
0.471
0.502
0.551
0.599
0.644
0.712
0.754
0.833
0.895
1.188
8.38%
8.49%
23
9.15
Revenue growth%
23.42
21.75
24.63
26.92
29.22
27.97
27.26
25.49
26.46
23.55
28.20
26.46
25.98
92
17.51
Gross margin%
18.57
21.27
19.55
22.25
24.97
25.43
24.93
26.26
24.35
24.35
11.20
24.93
24.35
20
13.33
Operating margin%
25.46
23.64
20.86
21.90
21.04
22.51
24.43
25.74
27.61
29.40
12.54
25.74
24.04
70
7.01
Net margin%
11.05
9.14
9.75
12.68
13.88
12.05
10.84
10.16
10.22
9.33
10.19
10.22
10.53
50
28.18
P/E ratio (avg)x
12.52
13.69
13.62
13.67
13.56
13.63
16.38
18.83
20.33
21.05
26.47
18.83
13.68
67
17.53
EV/EBITx
28.54
26.44
26.34
23.93
23.28
20.65
21.08
18.80
19.81
19.40
15.13
19.81
22.18
83
20.39
FCF yield (avg)%
25.55
26.42
25.66
27.41
25.68
23.74
21.18
19.10
16.77
18.75
16.99
19.10
24.64
75
16.34
FCF margin%
0.40
0.40
0.40
2.65
4.46
1.67
0.40
0.40
0.40
1.80
5.13
0.40
0.40
13
1.522
FCF / Net incomex
2.289
2.435
2.505
2.527
2.857
3.208
3.690
3.783
3.774
3.473
0.317
3.690
3.032
13
29.39
ROIC%
37.21
35.96
37.98
39.46
40.55
40.20
42.12
45.04
43.66
42.85
5.72
42.85
40.37
71
26.65
Return on equity%
5.10
5.90
6.70
5.02
6.98
7.38
7.54
7.65
10.48
10.74
19.68
7.65
7.18
88
8.19
Return on assets%
14.04
14.95
14.41
16.41
18.73
20.17
17.82
20.67
18.97
17.30
16.24
18.97
17.56
13
0.28
EPS¥
1.23
1.18
1.26
1.23
1.29
1.47
1.45
1.40
1.30
1.21
0.30
(1.28%)
0.18%
—
8.28
EPS growth%
21.04
20.55
17.64
15.19
13.74
13.04
15.25
16.97
18.79
20.25
6.22
16.97
17.30
9
0.25
Bookvalue per sh¥
1.86
1.82
1.89
2.18
2.55
2.93
3.23
3.45
3.82
4.37
1.59
11.38%
9.95%
—
0.62
FCF per share¥
1.52
1.60
1.66
1.77
1.97
1.99
2.14
2.27
2.22
2.17
1.64
1.96%
3.31%
—
1.61
Dividend per sh¥
1.02
1.12
1.30
1.36
1.57
1.62
1.92
2.16
2.42
2.41
0.34
8.87%
10.11%
—
11.99
Div yield (avg)%
24.44
21.86
20.26
20.64
20.62
21.89
19.55
21.54
19.35
20.62
16.30
20.62
20.63
20
16.55
Payout ratio%
34.18
31.68
29.09
27.74
29.03
29.12
27.45
29.91
32.79
33.81
25.21
29.91
29.51
44
283.4
Shares (diluted)M
435.3
457.8
445.8
456.1
513.1
526.9
524.7
607.3
705.7
819.3
287.3
9.81%
8.22%
58
5.02
Buyback yield%
16.03
16.60
14.95
16.89
18.14
17.72
17.63
15.99
18.79
21.20
14.16
17.72
17.26
18
0.907
D/E ratiox
2.349
2.739
3.191
3.464
3.784
4.338
4.167
4.653
4.368
4.307
0.381
4.338
3.975
60
1,158
Enterprise value¥M
262.8
243.6
250.1
263.9
251.2
262.6
259.4
274.9
247.2
259.8
318.7
0.67%
(1.15%)
33
0.199
LT debt¥B
1.738
1.998
2.184
2.471
2.471
2.678
3.214
3.229
3.754
4.091
0.117
10.60%
8.74%
78
Revenue
¥894.9M
8.49%
1.00×
Cost of revenue
¥569.7M
8.20%
0.97×
Operating expenses
¥167.4M
9.65%
1.11×
Property and equipment
15.81%
Spread over hurdle
(3.70%)