3.635
Revenue¥B
2.589
2.716
2.856
3.039
3.278
3.492
3.705
3.948
4.194
4.528
3.729
6.67%
6.35%
65
22.16
Revenue growth%
18.23
19.43
16.68
16.99
18.29
17.44
20.06
19.98
20.37
19.47
9.21
19.98
18.86
8
12.20
Gross margin%
17.46
15.42
14.13
15.87
16.41
14.15
16.24
18.42
21.31
23.29
15.40
18.42
16.33
27
3.93
Operating margin%
22.00
24.37
25.33
27.45
29.52
31.60
31.51
33.60
34.64
33.24
10.65
33.24
30.51
25
21.23
Net margin%
9.94
10.39
13.00
12.99
13.72
10.98
12.67
12.29
15.19
14.64
4.54
12.67
12.83
90
37.45
P/E ratio (avg)x
37.55
40.84
41.64
45.01
51.32
54.37
52.21
58.10
57.97
56.53
8.523
56.53
51.77
31
10.14
EV/EBITx
22.59
19.55
20.16
19.04
17.70
15.72
15.88
13.57
13.24
12.34
29.24
13.57
16.79
44
14.31
FCF yield (avg)%
35.16
36.09
36.08
34.58
34.74
32.95
34.66
34.59
33.05
31.81
9.79
33.05
34.63
44
17.19
FCF margin%
16.90
17.51
15.80
15.46
15.72
17.53
16.73
14.09
13.95
13.39
28.24
14.09
15.76
39
1.681
FCF / Net incomex
0.387
0.390
0.357
0.365
0.391
0.346
0.312
0.326
0.343
0.368
0.679
0.343
0.361
50
16.70
ROIC%
13.69
16.14
18.80
19.43
17.42
14.67
12.08
11.85
9.81
6.96
13.25
11.85
14.18
10
21.46
Return on equity%
10.43
8.64
10.41
7.43
5.85
5.42
7.37
5.11
2.80
4.48
27.36
5.11
6.61
10
11.20
Return on assets%
24.40
23.72
24.81
23.58
26.46
26.08
28.43
29.66
32.24
29.54
26.98
29.54
26.27
34
8.11
EPS¥
11.05
10.89
12.36
11.66
11.53
12.03
12.55
11.87
12.66
13.45
8.54
3.12%
2.46%
—
26.92
EPS growth%
6.47
8.33
5.37
4.53
3.26
1.71
3.80
0.88
0.40
3.27
15.61
1.71
3.53
48
12.84
Bookvalue per sh¥
52.04
61.19
68.85
79.69
89.20
93.27
103.81
97.63
112.96
119.21
5.91
5.97%
8.05%
—
6.81
FCF per share¥
29.77
31.79
29.03
28.34
31.45
34.42
38.21
41.12
40.91
39.17
21.05
4.49%
3.60%
—
15.59
Dividend per sh¥
36.98
34.18
29.76
31.23
31.45
29.43
25.77
24.80
25.61
24.67
7.25
(4.74%)
(4.15%)
—
26.81
Div yield (avg)%
17.53
19.54
22.41
24.04
24.21
24.91
22.27
22.37
21.82
19.61
12.66
22.27
22.32
59
25.52
Payout ratio%
0.40
2.56
3.59
6.00
7.63
9.41
6.49
8.35
8.21
7.73
21.00
8.21
7.06
83
135.6
Shares (diluted)M
145.4
143.9
147.8
165.4
176.3
170.7
182.6
187.5
204.5
203.7
140.2
2.93%
3.41%
65
25.12
Buyback yield%
19.41
21.83
20.11
19.72
20.28
21.52
20.29
22.97
21.79
21.31
9.31
21.52
20.80
8
1.539
D/E ratiox
0.535
0.509
0.560
0.545
0.596
0.678
0.648
0.768
0.851
0.823
0.842
0.768
0.622
73
2.582
Enterprise value¥B
6.156
6.533
7.049
7.285
8.582
10.18
11.74
13.16
15.61
16.50
1.374
13.96%
11.87%
78
3.544
LT debt¥B
3.687
3.507
3.437
3.222
3.660
3.557
3.729
3.674
3.782
4.142
0.702
2.50%
0.63%
8
Revenue
¥4.528B
6.35%
1.00×
Cost of revenue
¥2.912B
6.72%
1.04×
Operating expenses
¥565.4M
5.21%
0.90×
Cash and investments
18.39%
Goodwill & intangibles
17.48%
Spread over hurdle
21.48%