344.0
Revenue¥M
341.5
357.3
380.5
404.2
432.7
454.5
487.4
524.4
562.5
597.3
366.5
6.66%
6.35%
70
8.19
Revenue growth%
4.09
5.35
6.72
9.32
7.54
6.16
4.16
2.27
2.78
5.30
17.96
4.16
5.32
9
9.59
Gross margin%
6.49
6.13
8.99
6.53
5.43
6.56
8.59
9.15
9.50
10.70
14.84
9.15
7.58
29
5.46
Operating margin%
23.50
26.06
24.31
23.69
26.07
28.88
26.17
28.75
28.21
27.31
26.23
28.21
26.12
87
18.94
Net margin%
30.12
27.77
25.20
25.42
23.51
24.27
21.33
22.86
21.57
22.37
7.24
22.37
23.89
38
25.71
P/E ratio (avg)x
32.43
34.16
30.67
28.87
31.56
31.76
28.48
27.91
27.97
25.80
36.48
27.97
29.77
43
33.40
EV/EBITx
30.09
28.83
31.47
30.22
30.63
31.08
33.54
36.56
36.21
36.22
26.22
36.21
31.27
72
10.28
FCF yield (avg)%
8.95
8.40
9.32
9.01
7.07
8.22
9.04
7.08
4.23
6.28
8.41
7.08
8.31
66
5.49
FCF margin%
36.80
33.87
35.04
34.89
36.09
34.31
31.99
29.57
30.68
33.68
27.20
31.99
34.09
82
1.275
FCF / Net incomex
0.309
0.324
0.350
0.378
0.390
0.425
0.447
0.465
0.438
0.482
0.980
0.447
0.407
5
25.99
ROIC%
11.43
8.58
9.40
9.03
11.94
11.47
9.65
10.04
12.43
9.45
5.34
10.04
9.84
88
11.06
Return on equity%
15.71
17.86
20.43
23.34
24.03
26.84
27.02
27.23
27.06
26.61
5.15
27.02
25.32
30
12.68
Return on assets%
8.70
9.38
7.32
5.91
3.27
4.02
2.14
2.70
2.02
4.93
17.41
2.70
4.47
39
0.72
EPS¥
0.38
0.41
0.45
0.42
0.43
0.46
0.42
0.38
0.37
0.38
0.77
(2.53%)
0.95%
—
28.57
EPS growth%
24.65
25.36
23.04
21.29
23.78
26.46
23.90
22.61
23.74
22.54
2.68
23.74
23.76
8
0.98
Bookvalue per sh¥
1.52
1.37
1.45
1.62
1.70
1.75
1.60
1.52
1.46
1.61
1.16
(1.07%)
(0.44%)
—
1.16
FCF per share¥
0.80
0.77
0.71
0.62
0.64
0.59
0.56
0.54
0.53
0.48
1.75
(5.53%)
(4.21%)
—
2.02
Dividend per sh¥
1.80
1.98
1.98
1.85
2.10
2.44
2.45
2.59
2.44
2.62
1.54
4.55%
3.45%
—
12.47
Div yield (avg)%
26.77
26.13
24.66
22.73
25.70
28.16
25.89
23.48
24.35
25.44
2.74
25.44
25.57
30
23.22
Payout ratio%
12.84
15.35
13.66
16.48
18.70
20.74
18.35
18.76
21.67
21.47
19.12
20.74
18.53
95
198.6
Shares (diluted)M
169.7
164.6
149.7
133.6
122.6
127.9
121.2
108.0
114.1
102.4
198.6
(3.54%)
(5.81%)
81
15.80
Buyback yield%
34.03
33.81
34.67
36.47
36.06
33.99
32.78
33.54
32.17
31.01
24.32
32.78
33.90
44
0.980
D/E ratiox
1.264
1.362
1.523
1.758
1.826
1.845
2.169
2.428
2.546
2.588
0.844
2.428
1.835
43
92.02
Enterprise value¥M
273.8
299.9
307.4
351.8
347.1
392.7
374.1
387.0
431.9
426.3
319.8
4.20%
4.19%
53
401.0
LT debt¥M
406.2
394.8
374.0
361.2
345.6
327.0
337.7
334.6
348.1
319.0
214.7
(1.59%)
(1.90%)
73
Revenue
¥597.3M
6.35%
1.00×
Cost of revenue
¥322.6M
6.16%
0.98×
Operating expenses
¥122.5M
6.89%
1.05×
Cash and investments
17.20%
Property and equipment
15.88%
Spread over hurdle
25.30%