203.4
Revenue¥M
516.2
512.6
527.0
536.0
547.6
558.8
558.4
566.4
572.6
591.7
226.2
1.56%
1.34%
60
3.29
Revenue growth%
25.26
24.54
27.51
30.14
30.22
31.83
31.30
29.08
31.51
32.42
7.51
31.51
30.18
45
6.28
Gross margin%
8.63
6.36
3.48
6.18
5.01
7.85
7.82
8.38
7.66
8.43
27.21
7.85
7.74
13
11.59
Operating margin%
23.51
25.88
24.64
24.43
23.84
24.73
23.28
25.76
23.26
24.11
6.38
24.11
24.27
26
10.78
Net margin%
0.40
1.56
1.84
4.04
3.55
1.51
1.63
4.63
6.41
6.65
26.63
4.63
2.69
89
36.15
P/E ratio (avg)x
10.36
10.34
11.95
13.95
15.24
14.82
16.59
17.81
17.92
18.28
16.73
17.81
15.03
63
25.00
EV/EBITx
13.22
12.95
13.36
12.69
11.64
10.78
9.912
10.42
10.54
10.62
24.63
10.54
11.21
16
22.38
FCF yield (avg)%
18.42
18.94
19.15
19.39
19.00
16.27
15.04
16.82
18.12
19.38
14.47
16.82
18.68
81
26.33
FCF margin%
21.59
20.67
20.71
21.07
23.46
24.56
27.22
27.66
28.22
29.47
6.36
27.66
24.01
65
0.270
FCF / Net incomex
2.878
3.171
3.484
3.390
3.739
3.770
3.928
4.571
4.946
5.746
0.334
4.571
3.754
47
15.97
ROIC%
22.22
24.51
24.62
27.55
27.23
28.20
30.81
31.94
29.06
29.32
18.03
29.32
27.87
57
20.09
Return on equity%
26.57
26.09
27.39
29.40
31.23
31.22
28.92
29.15
29.70
27.42
26.23
29.15
29.04
40
7.93
Return on assets%
30.86
33.85
34.86
32.55
29.94
29.32
27.07
24.36
27.12
29.89
20.42
27.12
29.91
66
0.73
EPS¥
2.74
2.91
3.02
2.99
3.57
3.77
4.52
5.39
5.92
6.41
0.79
12.43%
9.25%
—
3.68
EPS growth%
10.98
13.73
16.28
13.83
12.36
12.89
15.48
14.64
17.51
15.68
27.96
15.48
14.23
68
0.64
Bookvalue per sh¥
1.87
2.19
2.36
2.42
2.48
2.62
2.63
3.11
3.52
3.98
0.57
9.94%
9.01%
—
1.27
FCF per share¥
0.29
0.30
0.33
0.32
0.29
0.30
0.29
0.32
0.31
0.26
1.31
(1.62%)
(2.03%)
—
1.15
Dividend per sh¥
2.21
2.33
2.29
2.29
2.39
2.61
2.44
2.50
2.25
2.08
1.06
(2.69%)
(0.42%)
—
29.07
Div yield (avg)%
19.06
16.27
16.70
16.13
17.58
19.68
20.99
21.68
21.50
23.03
5.72
21.50
19.37
55
24.89
Payout ratio%
13.64
15.15
13.12
13.42
15.67
17.83
15.12
16.01
17.50
19.82
22.79
17.50
15.41
53
297.8
Shares (diluted)M
399.6
430.0
396.5
457.1
445.9
463.6
472.0
502.3
536.9
525.8
306.5
3.35%
4.25%
6
6.58
Buyback yield%
20.45
21.46
23.69
20.90
20.45
23.26
22.84
25.49
23.60
21.35
16.72
23.26
22.15
76
0.149
D/E ratiox
2.443
2.392
2.772
2.927
2.985
3.348
3.790
4.103
4.359
4.241
0.501
4.103
3.166
44
514.3
Enterprise value¥M
440.9
421.8
445.7
500.8
493.8
525.6
540.5
509.6
531.8
555.4
498.2
2.38%
3.50%
12
240.8
LT debt¥M
647.0
710.3
719.6
669.4
609.3
560.3
491.1
537.9
575.3
509.1
482.5
(3.53%)
(2.57%)
84
Revenue
¥591.7M
1.34%
1.00×
Cost of revenue
¥277.8M
1.46%
1.01×
Operating expenses
¥128.9M
0.87%
0.95×
Goodwill & intangibles
17.39%
Cash and investments
16.16%
Spread over hurdle
11.22%