673.8
Revenue¥M
398.2
412.7
446.7
473.1
499.1
539.1
580.5
624.4
670.1
715.1
723.0
7.46%
6.77%
34
4.85
Revenue growth%
5.42
7.19
5.25
4.37
3.72
2.93
5.84
7.00
6.73
4.40
8.65
5.84
5.34
73
22.08
Gross margin%
16.12
13.45
14.53
14.65
12.86
10.67
10.39
10.10
9.79
8.90
18.39
10.10
11.76
25
21.90
Operating margin%
31.37
28.60
28.47
27.48
29.01
27.32
28.58
28.97
26.72
24.79
10.87
27.32
28.53
67
8.07
Net margin%
18.53
21.24
19.14
16.14
18.82
19.56
21.85
21.99
23.34
20.43
26.41
21.85
20.00
11
9.850
P/E ratio (avg)x
15.26
17.48
20.67
23.38
23.28
27.16
29.26
32.18
37.49
43.79
26.32
32.18
25.27
87
6.584
EV/EBITx
20.03
19.55
18.78
16.32
17.62
14.88
14.42
14.27
13.11
12.78
20.90
14.27
15.60
78
21.91
FCF yield (avg)%
31.06
33.93
32.14
34.79
36.40
37.15
39.49
39.56
38.87
40.91
23.35
39.49
36.78
22
15.54
FCF margin%
19.90
22.57
24.18
22.80
24.02
25.81
24.36
22.81
20.16
17.35
21.17
22.81
22.81
33
1.084
FCF / Net incomex
0.537
0.487
0.459
0.477
0.475
0.523
0.505
0.552
0.587
0.555
0.183
0.552
0.514
57
22.14
ROIC%
15.09
17.57
15.68
16.74
19.07
16.38
18.49
16.11
14.04
15.26
7.30
16.11
16.24
64
28.48
Return on equity%
10.42
7.69
7.14
8.92
9.60
8.66
6.76
5.72
3.55
5.52
15.62
5.72
7.42
20
6.83
Return on assets%
7.55
9.11
9.31
10.21
10.01
10.59
7.98
10.56
11.11
10.05
13.41
10.56
10.03
75
5.19
EPS¥
4.56
4.90
5.48
6.28
6.85
7.88
8.44
8.11
8.82
10.07
5.58
8.00%
8.90%
—
18.89
EPS growth%
9.45
12.06
10.12
13.08
12.65
14.53
16.51
17.01
15.27
14.47
28.58
15.27
13.77
54
3.72
Bookvalue per sh¥
4.10
3.57
3.36
2.91
2.85
2.44
2.16
2.18
2.03
2.03
1.58
(6.62%)
(7.60%)
—
5.06
FCF per share¥
2.00
2.22
2.28
2.39
2.82
3.27
3.65
4.34
4.67
5.00
8.44
12.12%
9.52%
—
5.61
Dividend per sh¥
2.55
2.72
2.91
3.15
3.36
3.53
3.74
3.57
3.90
3.70
5.60
1.97%
4.84%
—
20.59
Div yield (avg)%
20.83
21.36
23.07
20.29
22.69
23.05
24.41
26.64
27.55
28.16
23.45
26.64
23.06
6
10.44
Payout ratio%
10.00
8.68
11.24
12.28
12.68
14.21
14.14
11.46
10.79
11.21
23.57
11.46
11.35
94
111.8
Shares (diluted)M
123.5
118.2
126.2
138.6
146.3
145.3
171.1
167.3
192.6
222.5
112.1
8.75%
5.83%
13
17.92
Buyback yield%
14.67
15.40
18.03
18.07
15.80
15.51
16.82
17.39
20.18
21.34
10.02
17.39
17.11
37
1.390
D/E ratiox
1.139
1.251
1.213
1.205
1.106
1.048
0.981
0.951
0.924
0.874
0.873
0.951
1.077
38
62.13
Enterprise value¥M
491.6
514.1
590.1
590.0
655.3
628.2
595.6
611.3
648.4
730.3
83.55
2.19%
5.19%
79
132.7
LT debt¥M
232.7
233.1
217.4
220.7
239.0
267.7
256.1
287.1
266.2
240.6
216.2
0.13%
1.52%
61
Revenue
¥715.1M
6.77%
1.00×
Cost of revenue
¥468.7M
6.38%
0.96×
Operating expenses
¥178.8M
7.14%
1.03×
Spread over hurdle
(6.13%)