3.504
Revenue¥B
1.970
2.053
2.154
2.320
2.429
2.529
2.749
2.989
3.127
3.395
3.830
6.93%
6.27%
87
17.61
Revenue growth%
4.44
1.88
0.40
0.40
0.40
0.85
0.40
0.40
0.40
0.40
10.90
0.40
0.40
67
17.02
Gross margin%
32.97
32.39
29.55
30.40
28.76
26.40
26.98
29.25
31.89
34.07
5.94
29.25
29.98
72
11.71
Operating margin%
15.42
17.86
19.54
19.52
22.52
22.37
20.24
20.99
18.75
16.73
12.57
20.24
19.53
91
14.12
Net margin%
18.40
20.01
19.66
20.31
22.60
24.75
23.73
23.98
26.03
28.24
7.28
24.75
23.16
10
18.95
P/E ratio (avg)x
39.84
45.18
42.23
48.89
52.35
59.72
63.30
68.96
69.39
76.00
34.95
68.96
56.03
77
10.42
EV/EBITx
25.37
22.68
20.61
20.88
23.48
26.29
23.88
25.07
27.48
27.72
31.49
26.29
24.48
56
19.89
FCF yield (avg)%
24.43
22.83
24.77
27.61
24.75
22.66
22.40
21.14
20.41
22.82
10.79
22.40
22.83
61
17.06
FCF margin%
14.75
15.28
15.89
15.08
12.38
14.64
15.74
16.00
16.43
17.57
13.03
16.00
15.51
37
0.606
FCF / Net incomex
1.775
1.962
2.134
2.021
1.956
1.877
1.870
2.125
1.998
2.144
1.051
1.998
1.980
89
4.75
ROIC%
27.75
28.07
29.13
31.66
34.57
32.95
30.79
30.16
32.95
30.70
17.67
30.79
30.75
77
26.68
Return on equity%
6.56
7.66
5.89
6.20
6.76
7.38
9.55
7.34
9.07
8.92
14.50
8.92
7.36
37
29.30
Return on assets%
14.21
13.07
12.33
13.00
15.23
14.38
11.81
11.80
14.68
15.26
19.27
14.38
13.64
28
2.64
EPS¥
3.60
3.76
4.07
4.60
5.11
5.76
5.52
6.12
5.67
5.70
2.88
2.20%
6.01%
—
24.69
EPS growth%
9.19
9.82
7.02
8.76
8.47
9.78
12.47
11.83
11.34
8.70
14.49
11.34
9.49
45
0.67
Bookvalue per sh¥
2.89
3.13
3.08
3.41
3.76
3.83
3.55
3.88
4.22
3.94
1.02
0.96%
3.14%
—
2.99
FCF per share¥
2.54
2.70
2.51
2.48
2.52
2.71
2.68
2.61
2.82
2.84
2.46
2.40%
0.98%
—
2.31
Dividend per sh¥
3.00
3.48
3.67
3.97
4.28
4.59
5.21
5.62
5.20
6.00
0.98
6.99%
8.73%
—
17.51
Div yield (avg)%
2.81
4.53
5.15
5.37
6.89
8.92
6.01
6.16
7.84
7.00
20.47
7.00
6.09
77
17.45
Payout ratio%
19.12
21.48
23.01
21.40
20.28
18.43
15.50
14.44
11.48
12.54
5.87
14.44
18.78
24
543.0
Shares (diluted)M
452.1
446.8
472.6
404.4
377.7
394.8
342.4
299.0
326.5
334.8
548.9
(2.38%)
(3.27%)
48
18.83
Buyback yield%
34.19
35.80
33.84
33.92
36.37
35.67
37.41
39.72
41.87
40.07
23.45
39.72
36.09
56
1.577
D/E ratiox
0.727
0.737
0.760
0.659
0.691
0.672
0.603
0.584
0.617
0.580
1.299
0.603
0.665
25
3.071
Enterprise value¥B
2.648
2.587
2.836
3.204
3.620
3.742
3.923
4.274
4.615
5.334
2.416
8.06%
8.29%
23
2.109
LT debt¥B
1.871
1.928
1.934
1.874
2.032
1.894
1.811
1.592
1.702
1.656
3.788
(4.00%)
(0.93%)
49
Revenue
¥3.395B
6.27%
1.00×
Cost of revenue
¥2.216B
6.25%
1.00×
Operating expenses
¥533.2M
6.53%
1.03×
Spread over hurdle
(3.64%)