18.20
Revenue¥M
204.4
215.3
227.1
234.6
244.9
262.0
270.7
287.2
305.4
328.6
19.19
6.05%
5.47%
39
25.64
Revenue growth%
20.49
21.46
22.36
21.90
22.30
23.11
21.08
21.02
23.64
24.69
9.30
23.11
22.10
84
10.97
Gross margin%
7.01
9.35
9.48
8.88
7.01
9.38
9.35
11.31
11.09
10.94
29.43
10.94
9.37
46
14.77
Operating margin%
16.62
19.44
18.07
20.73
21.25
18.30
16.91
15.88
14.07
13.03
8.45
15.88
17.49
79
10.73
Net margin%
15.65
18.25
15.54
14.51
13.49
15.79
15.46
14.13
16.01
14.23
6.22
15.46
15.50
54
17.99
P/E ratio (avg)x
25.68
25.98
27.90
30.78
31.33
30.90
33.42
36.27
32.53
34.33
18.72
33.42
31.12
45
31.79
EV/EBITx
11.69
11.52
9.946
10.66
9.974
9.648
10.19
9.299
9.717
9.116
15.55
9.648
9.960
29
19.50
FCF yield (avg)%
0.69
1.60
3.00
4.94
3.94
5.60
5.63
5.09
3.59
5.87
10.08
5.60
4.44
50
21.99
FCF margin%
3.89
1.87
3.65
6.08
4.59
7.22
8.16
9.88
8.83
11.06
7.46
8.83
6.65
61
1.522
FCF / Net incomex
0.929
0.961
0.947
0.933
0.957
0.917
0.818
0.823
0.851
0.880
1.293
0.851
0.923
68
23.64
ROIC%
22.19
21.79
21.21
18.23
18.24
19.38
20.03
21.43
20.69
22.66
20.71
20.69
20.95
84
7.41
Return on equity%
31.37
32.87
34.74
34.29
36.96
37.99
36.68
34.98
32.40
30.72
22.32
34.98
34.51
45
9.88
Return on assets%
26.45
26.35
23.89
24.94
23.50
21.57
19.28
21.86
20.93
19.83
27.48
20.93
22.68
52
0.77
EPS¥
0.27
0.29
0.34
0.34
0.39
0.37
0.41
0.46
0.47
0.52
0.80
6.14%
6.63%
—
16.22
EPS growth%
30.66
33.45
32.96
30.75
30.06
30.56
29.82
28.87
26.21
26.14
28.20
28.87
30.31
23
0.44
Bookvalue per sh¥
0.69
0.68
0.76
0.87
0.93
1.09
1.11
1.09
1.13
1.17
0.68
4.70%
7.32%
—
0.36
FCF per share¥
0.58
0.55
0.55
0.49
0.50
0.52
0.56
0.62
0.67
0.70
0.35
6.75%
2.84%
—
0.40
Dividend per sh¥
0.73
0.84
0.94
1.11
1.31
1.32
1.55
1.80
1.92
2.18
0.63
10.67%
11.57%
—
12.35
Div yield (avg)%
11.12
9.21
8.93
9.96
11.26
13.28
16.26
14.48
16.99
16.71
22.56
16.26
12.27
82
22.30
Payout ratio%
13.22
11.84
14.02
11.70
11.34
9.19
7.14
6.60
7.64
8.06
29.18
7.64
10.27
29
261.2
Shares (diluted)M
271.1
271.1
285.3
303.0
298.7
287.0
310.7
277.0
265.1
269.5
255.0
(2.03%)
0.60%
11
10.76
Buyback yield%
27.15
24.34
22.33
19.76
19.00
16.72
14.02
14.19
16.42
17.62
19.66
16.42
18.31
85
1.565
D/E ratiox
1.136
1.074
0.955
1.005
1.088
1.081
1.113
1.208
1.089
1.035
0.281
1.089
1.084
54
236.3
Enterprise value¥M
234.9
268.0
280.4
317.7
350.9
392.7
416.9
486.6
536.3
549.1
290.9
9.37%
10.49%
39
102.9
LT debt¥M
245.3
236.8
206.5
207.0
214.3
217.6
212.2
203.9
201.1
175.0
332.8
(3.97%)
(3.11%)
35
Revenue
¥328.6M
5.47%
1.00×
Cost of revenue
¥183.1M
5.53%
1.01×
Operating expenses
¥49.04M
4.88%
0.95×
Spread over hurdle
18.74%