53.46
Revenue¥M
513.9
558.4
608.5
640.3
692.1
745.0
780.6
830.5
867.0
917.9
59.80
5.81%
6.75%
22
18.36
Revenue growth%
25.39
28.07
27.79
30.33
32.47
35.04
34.57
33.01
32.24
32.25
25.38
33.01
32.25
48
13.40
Gross margin%
5.98
7.88
8.32
5.64
7.17
9.95
11.07
12.98
13.60
16.08
8.57
12.98
9.14
60
26.65
Operating margin%
17.76
18.56
19.44
21.37
19.77
21.99
20.84
22.78
23.53
24.93
12.54
22.78
21.11
90
14.10
Net margin%
1.10
0.40
0.40
2.07
2.15
0.40
0.40
1.08
0.40
2.12
17.92
0.40
0.74
26
29.20
P/E ratio (avg)x
24.97
22.79
24.33
25.75
27.34
30.35
30.20
33.98
35.47
40.08
26.33
33.98
28.77
18
27.65
EV/EBITx
11.04
13.26
15.30
17.52
17.71
17.87
17.95
19.56
20.89
24.17
13.00
19.56
17.79
42
15.27
FCF yield (avg)%
16.51
19.48
17.27
16.48
16.12
16.36
16.71
15.48
17.66
15.24
16.04
16.36
16.50
71
6.87
FCF margin%
22.32
22.15
19.88
19.80
22.15
19.36
19.76
17.28
18.70
17.77
23.53
18.70
19.78
94
0.269
FCF / Net incomex
1.158
0.994
0.943
0.930
1.020
1.031
0.989
0.874
0.807
0.732
1.754
0.874
0.966
63
11.87
ROIC%
24.98
24.10
23.57
24.49
26.83
25.12
23.01
23.52
25.29
24.70
26.80
24.70
24.60
68
4.76
Return on equity%
17.93
19.89
20.82
18.20
19.45
17.57
18.53
16.20
16.09
18.41
14.40
17.57
18.31
63
22.39
Return on assets%
13.92
15.00
17.49
16.95
17.65
14.83
14.94
15.07
14.90
15.77
24.06
14.94
15.04
32
0.94
EPS¥
0.60
0.63
0.66
0.62
0.64
0.65
0.72
0.69
0.65
0.70
1.04
2.04%
1.58%
—
11.92
EPS growth%
21.15
22.54
23.60
22.19
22.68
19.70
21.68
22.44
22.59
25.52
23.70
22.44
22.49
55
0.85
Bookvalue per sh¥
2.65
2.69
2.62
2.63
3.17
3.39
3.63
4.27
4.22
4.20
1.30
5.81%
6.01%
—
1.72
FCF per share¥
1.74
1.89
2.19
2.12
2.44
2.67
3.02
3.11
3.32
3.62
0.66
8.24%
8.96%
—
0.48
Dividend per sh¥
0.97
1.01
1.11
1.01
1.09
1.19
1.29
1.42
1.42
1.51
0.67
6.85%
4.60%
—
10.50
Div yield (avg)%
23.72
24.54
22.92
22.33
23.86
21.61
18.84
20.68
20.21
19.46
23.21
20.21
21.97
81
9.92
Payout ratio%
36.30
37.06
37.83
35.65
37.19
37.11
38.76
40.63
39.38
41.23
26.58
39.38
37.51
54
187.1
Shares (diluted)M
195.2
202.9
182.9
193.3
204.7
219.3
207.2
185.9
173.9
169.1
191.1
(3.74%)
(2.16%)
28
10.86
Buyback yield%
33.67
31.33
33.70
30.71
32.80
33.25
33.33
31.99
32.60
30.24
28.61
32.60
32.70
40
0.356
D/E ratiox
0.171
0.193
0.214
0.238
0.252
0.291
0.279
0.284
0.331
0.339
1.674
0.291
0.265
24
0.265
Enterprise value¥B
1.037
0.907
0.898
0.806
0.897
0.799
0.843
0.897
0.972
0.938
0.825
0.89%
(1.73%)
7
0.686
LT debt¥B
1.076
1.043
1.190
1.189
1.335
1.288
1.405
1.300
1.464
1.446
0.116
1.60%
4.02%
53
Revenue
¥917.9M
6.75%
1.00×
Cost of revenue
¥457.1M
6.83%
1.01×
Operating expenses
¥147.7M
6.83%
1.01×
Property and equipment
23.08%
Cash and investments
17.08%
Spread over hurdle
(1.53%)