1.537
Revenue¥B
1.595
1.639
1.663
1.696
1.735
1.754
1.799
1.862
1.857
1.936
1.670
2.22%
2.31%
90
10.76
Revenue growth%
22.73
22.18
22.81
21.92
20.30
18.27
15.75
18.28
19.50
21.49
25.92
18.28
20.89
52
20.03
Gross margin%
0.40
0.40
2.78
2.74
4.19
4.80
3.46
4.16
6.68
7.98
13.21
4.80
3.81
22
7.15
Operating margin%
19.29
16.90
18.32
19.96
20.70
23.06
24.43
27.00
27.19
30.09
14.50
27.00
21.88
44
24.44
Net margin%
5.39
5.05
2.96
2.87
4.48
3.05
1.81
4.33
5.79
8.69
18.15
4.33
4.40
89
19.73
P/E ratio (avg)x
10.96
10.01
10.37
10.33
11.36
10.65
10.48
11.00
10.94
11.77
33.74
10.94
10.80
83
6.497
EV/EBITx
29.88
28.47
30.12
31.21
31.59
28.99
31.07
28.08
25.87
26.91
17.83
28.08
29.43
76
3.32
FCF yield (avg)%
24.16
24.66
25.87
28.05
27.02
28.58
28.20
28.31
30.28
30.11
6.03
28.58
28.12
17
21.64
FCF margin%
10.40
10.43
13.41
15.79
14.55
17.40
17.55
17.99
15.55
15.45
21.22
17.40
15.50
83
1.678
FCF / Net incomex
1.079
1.059
1.122
1.014
1.074
0.935
0.989
0.869
0.950
0.985
1.723
0.950
1.001
9
2.65
ROIC%
20.37
19.32
17.98
19.23
17.25
19.79
18.97
21.59
21.16
22.53
2.86
21.16
19.55
16
21.95
Return on equity%
7.51
8.61
10.16
11.87
12.11
12.22
9.87
7.59
9.55
11.53
3.06
9.87
10.02
51
28.53
Return on assets%
1.74
4.28
5.10
4.72
5.74
8.65
8.12
7.20
4.72
4.89
17.25
7.20
5.00
29
0.77
EPS¥
0.84
0.89
0.88
0.93
1.06
1.10
1.18
1.27
1.52
1.75
0.78
10.70%
7.70%
—
6.34
EPS growth%
9.09
9.60
9.79
12.27
14.75
14.61
15.34
14.41
11.56
9.58
14.08
14.41
11.91
82
0.26
Bookvalue per sh¥
1.65
1.61
1.61
1.93
1.94
1.92
2.19
2.25
2.65
2.76
1.13
7.34%
5.33%
—
0.57
FCF per share¥
0.91
1.02
1.17
1.17
1.20
1.14
1.18
1.20
1.25
1.29
1.20
1.51%
4.33%
—
1.22
Dividend per sh¥
0.19
0.20
0.22
0.22
0.21
0.18
0.17
0.18
0.16
0.17
0.58
(3.92%)
(1.52%)
—
10.52
Div yield (avg)%
16.55
13.70
11.61
13.08
10.95
9.23
6.47
9.23
7.87
9.96
26.02
9.23
10.46
42
7.47
Payout ratio%
20.62
19.14
20.56
17.92
18.53
20.54
19.95
19.34
22.26
24.95
21.89
20.54
20.24
43
710.9
Shares (diluted)M
529.5
468.3
428.5
440.6
394.0
413.9
439.0
482.3
482.0
459.6
677.3
3.13%
(2.00%)
14
14.30
Buyback yield%
0.40
0.40
0.40
0.40
0.40
2.88
4.24
3.79
6.12
6.22
11.76
4.24
1.64
62
0.976
D/E ratiox
1.561
1.686
1.759
1.725
2.007
2.282
2.358
2.644
2.606
2.816
0.910
2.606
2.145
42
1,354
Enterprise value¥M
396.4
346.4
327.8
288.3
279.8
302.5
300.0
262.7
250.0
221.6
513.5
(4.56%)
(5.78%)
10
1.047
LT debt¥B
1.143
1.123
1.039
0.957
0.874
0.834
0.899
0.869
0.764
0.701
0.152
(4.31%)
(3.93%)
5
Revenue
¥1.936B
2.31%
1.00×
Cost of revenue
¥1.256B
2.25%
0.99×
Operating expenses
¥268.2M
2.29%
1.00×
Spread over hurdle
33.61%