1.010
Revenue¥B
1.218
1.293
1.323
1.393
1.486
1.545
1.590
1.642
1.753
1.872
1.035
4.72%
5.03%
89
10.73
Revenue growth%
5.65
7.72
10.51
13.02
11.97
13.85
12.24
9.28
9.45
9.44
13.74
9.45
9.98
94
9.18
Gross margin%
5.14
2.29
0.40
0.40
0.40
1.57
1.39
0.40
0.53
3.00
22.86
1.39
0.96
31
26.52
Operating margin%
31.74
29.99
30.21
30.73
27.85
25.64
27.00
29.13
26.69
24.76
2.57
26.69
28.49
64
20.49
Net margin%
19.03
21.36
19.22
18.74
17.52
16.07
14.79
16.48
19.17
21.97
24.25
16.48
18.89
44
14.65
P/E ratio (avg)x
13.66
14.31
14.20
15.75
13.93
13.16
13.38
12.67
12.60
11.31
13.48
12.67
13.52
58
16.85
EV/EBITx
47.64
50.83
60.45
61.71
60.02
58.13
58.78
69.20
82.08
80.50
11.72
69.20
60.23
33
4.96
FCF yield (avg)%
13.82
13.28
13.86
16.02
18.35
19.76
20.50
22.69
25.37
24.82
20.10
22.69
19.06
74
19.35
FCF margin%
8.99
11.32
13.39
12.27
9.44
12.33
10.09
12.24
12.86
14.44
6.98
12.33
12.26
68
0.756
FCF / Net incomex
1.763
1.896
1.907
2.013
1.772
1.637
1.686
1.526
1.540
1.452
0.955
1.540
1.724
11
6.87
ROIC%
14.54
14.36
14.58
13.50
14.78
13.71
16.33
13.45
15.42
17.92
27.89
15.42
14.56
56
26.64
Return on equity%
7.80
9.15
7.03
9.99
10.37
9.25
10.44
10.75
8.27
10.98
4.14
10.44
9.62
86
26.25
Return on assets%
7.19
6.96
9.44
10.65
9.24
8.99
8.69
8.34
6.61
6.84
27.70
8.34
8.52
11
3.16
EPS¥
5.10
5.56
6.32
6.35
6.27
6.20
6.14
6.46
6.73
6.58
3.35
0.98%
3.90%
—
14.53
EPS growth%
20.43
17.99
18.83
17.44
15.63
17.99
18.68
19.12
18.73
19.10
10.44
18.73
18.70
31
3.87
Bookvalue per sh¥
1.87
1.79
1.86
1.87
1.96
1.95
2.06
1.92
1.80
1.91
1.74
(0.55%)
(0.83%)
—
3.21
FCF per share¥
4.07
3.84
4.19
4.59
4.93
5.51
5.79
5.90
6.42
6.15
1.22
4.49%
5.36%
—
2.47
Dividend per sh¥
0.95
0.94
0.94
0.96
0.91
0.89
0.86
0.74
0.69
0.71
4.42
(4.94%)
(4.45%)
—
16.09
Div yield (avg)%
11.65
9.19
11.31
9.24
8.48
7.74
7.95
10.55
11.38
13.11
12.83
10.55
9.89
17
27.34
Payout ratio%
22.06
23.20
22.91
25.64
28.01
27.00
29.84
27.02
28.51
29.59
3.17
28.51
27.01
80
405.8
Shares (diluted)M
580.3
615.3
570.8
538.2
614.2
651.2
744.5
739.6
779.5
894.3
406.7
7.80%
5.72%
41
22.03
Buyback yield%
35.26
33.75
31.84
34.45
31.83
29.41
27.05
28.17
29.90
28.64
4.53
28.64
30.86
65
1.636
D/E ratiox
1.427
1.419
1.674
1.915
2.143
2.439
2.386
2.408
2.527
2.704
0.621
2.439
2.264
77
320.6
Enterprise value¥M
334.3
385.1
455.1
534.2
550.7
547.3
636.2
690.3
818.1
961.5
634.1
11.79%
12.07%
53
0.319
LT debt¥B
0.286
0.331
0.331
0.343
0.347
0.367
0.369
0.422
0.412
0.476
1.107
6.52%
5.78%
37
Revenue
¥1.872B
5.03%
1.00×
Cost of revenue
¥937.5M
4.95%
0.99×
Operating expenses
¥301.4M
4.65%
0.96×
Cash and investments
14.15%
Spread over hurdle
22.30%