1.099
Revenue¥B
1.056
1.063
1.089
1.081
1.090
1.087
1.109
1.102
1.127
1.140
1.211
0.89%
0.95%
51
21.05
Revenue growth%
12.64
11.75
12.79
12.11
12.44
12.01
11.22
12.51
13.08
15.58
19.04
12.51
12.48
84
9.66
Gross margin%
18.87
16.15
18.95
20.83
22.90
22.42
22.01
22.65
22.51
24.17
5.00
22.51
22.22
35
28.56
Operating margin%
7.21
5.43
2.64
2.60
5.56
7.50
9.20
9.70
11.82
11.25
27.49
9.70
7.35
43
18.29
Net margin%
13.48
15.14
16.88
18.32
16.96
17.79
20.44
20.39
19.74
21.20
12.44
20.39
18.05
76
30.04
P/E ratio (avg)x
43.07
44.73
48.76
55.29
54.60
54.71
59.81
63.71
63.62
75.17
35.39
63.62
55.00
11
23.21
EV/EBITx
33.71
32.79
38.36
37.25
41.34
42.33
50.24
58.32
58.68
67.54
31.49
58.32
41.84
42
11.45
FCF yield (avg)%
12.37
9.91
7.73
5.00
4.80
3.64
2.90
5.57
7.39
7.16
8.28
5.57
6.36
7
14.85
FCF margin%
27.58
30.37
29.11
29.22
27.73
26.08
23.93
23.84
24.99
22.06
4.65
23.93
26.83
21
1.415
FCF / Net incomex
0.964
0.964
1.051
1.009
0.993
0.995
0.965
1.013
1.095
1.260
1.775
1.013
1.002
50
14.54
ROIC%
32.98
32.54
33.52
34.84
35.35
36.82
38.81
40.39
42.23
42.14
6.48
40.39
36.08
16
9.89
Return on equity%
6.33
3.90
5.76
5.58
5.21
7.53
5.04
6.48
5.47
5.42
7.25
5.47
5.52
65
17.45
Return on assets%
3.55
4.32
3.55
4.56
4.91
3.96
5.16
6.09
8.85
7.04
29.62
6.09
4.74
57
2.13
EPS¥
5.85
6.17
6.02
6.34
7.29
7.19
7.94
7.89
8.36
7.68
2.20
1.07%
3.12%
—
19.18
EPS growth%
20.52
18.45
15.88
17.67
17.99
18.44
19.85
19.70
18.01
18.31
11.14
18.44
18.37
18
1.84
Bookvalue per sh¥
3.42
3.78
3.90
4.46
4.78
5.43
5.48
5.94
6.79
6.77
1.49
7.19%
7.20%
—
4.47
FCF per share¥
4.83
5.20
5.82
6.33
7.10
6.97
7.84
8.59
8.25
8.00
0.85
2.42%
6.14%
—
3.74
Dividend per sh¥
1.28
1.37
1.63
1.58
1.53
1.60
1.87
1.87
2.01
2.38
2.50
9.19%
7.26%
—
27.74
Div yield (avg)%
13.10
11.92
13.18
12.35
9.58
8.32
9.31
11.59
9.96
12.01
28.71
9.96
11.76
30
19.72
Payout ratio%
4.81
3.27
2.31
2.71
4.80
6.34
8.77
10.88
11.19
12.65
2.94
10.88
5.58
15
163.2
Shares (diluted)M
156.7
146.3
158.3
158.7
165.4
164.9
169.5
174.0
166.1
162.1
162.3
(0.40%)
0.43%
50
24.83
Buyback yield%
22.71
21.01
22.68
24.80
25.15
27.24
26.46
28.80
25.87
26.75
7.73
26.75
25.51
13
1.073
D/E ratiox
1.911
2.075
2.203
2.328
2.647
3.055
3.192
3.486
3.425
3.330
0.894
3.330
2.851
80
274.0
Enterprise value¥M
382.4
412.3
401.6
424.8
419.0
460.2
510.5
564.9
590.0
613.5
566.2
7.93%
4.84%
10
1.021
LT debt¥B
0.119
0.114
0.112
0.122
0.137
0.147
0.144
0.155
0.149
0.140
1.088
0.33%
1.31%
5
Revenue
¥1.140B
0.95%
1.00×
Cost of revenue
¥721.2M
0.98%
1.00×
Operating expenses
¥269.6M
1.11%
1.02×
Cash and investments
18.71%
Spread over hurdle
(0.90%)