369.2
Revenue¥M
261.6
275.3
295.8
311.0
335.6
352.9
374.9
398.9
424.3
450.4
390.0
6.06%
6.38%
25
17.93
Revenue growth%
9.12
10.38
7.56
6.92
7.90
10.47
9.47
11.42
9.35
7.48
12.85
9.47
9.23
15
16.16
Gross margin%
0.40
0.40
0.40
2.01
4.37
7.17
5.03
2.90
0.58
2.82
22.57
2.90
2.42
51
2.30
Operating margin%
31.15
31.07
32.30
32.03
32.45
29.75
30.52
31.25
28.96
28.78
11.16
29.75
31.11
45
28.01
Net margin%
20.24
22.08
23.24
23.51
23.22
20.57
20.05
19.83
21.54
21.60
10.61
20.57
21.57
78
37.92
P/E ratio (avg)x
27.87
31.21
34.88
33.37
31.01
32.93
35.31
38.65
42.74
48.28
27.79
38.65
34.12
34
10.40
EV/EBITx
41.68
48.88
48.37
47.88
48.41
54.04
55.49
55.07
54.95
56.25
35.90
55.07
51.46
58
27.69
FCF yield (avg)%
12.44
15.13
15.82
18.25
16.88
19.00
20.74
19.00
19.75
20.91
11.68
19.75
18.62
43
27.14
FCF margin%
14.80
14.25
16.80
19.58
18.13
18.05
16.94
17.83
15.92
16.81
18.15
16.94
16.88
81
1.672
FCF / Net incomex
0.475
0.537
0.614
0.638
0.692
0.795
0.939
1.125
1.209
1.307
0.794
1.125
0.743
53
22.38
ROIC%
3.70
3.16
1.42
2.73
3.17
2.27
4.19
2.97
4.52
6.77
12.69
4.19
3.16
10
12.96
Return on equity%
19.29
20.85
23.07
25.63
26.01
25.97
23.35
23.72
22.38
19.70
6.54
23.35
23.21
27
16.42
Return on assets%
24.06
26.16
27.46
27.16
28.88
28.50
28.26
29.60
27.96
30.83
16.32
28.50
28.11
49
2.09
EPS¥
1.51
1.57
1.45
1.54
1.35
1.24
1.12
1.17
1.06
0.92
2.24
(7.35%)
(5.24%)
—
21.33
EPS growth%
18.26
18.65
17.29
15.08
14.77
13.60
13.01
13.37
15.55
14.49
27.33
13.60
14.92
6
2.59
Bookvalue per sh¥
0.70
0.70
0.72
0.69
0.72
0.86
0.97
1.10
1.10
1.28
3.10
12.24%
7.83%
—
0.95
FCF per share¥
0.71
0.75
0.77
0.81
0.87
0.97
0.89
0.95
0.88
0.85
0.49
(0.50%)
1.72%
—
2.91
Dividend per sh¥
1.80
1.68
1.73
1.48
1.59
1.54
1.34
1.21
1.24
1.07
2.57
(7.67%)
(4.59%)
—
23.33
Div yield (avg)%
1.86
0.40
0.40
1.54
1.40
1.66
3.16
4.25
3.96
5.73
11.21
3.96
1.76
53
16.23
Payout ratio%
20.73
18.37
17.96
18.21
19.52
18.11
19.32
21.33
22.05
22.30
20.47
21.33
19.42
29
134.3
Shares (diluted)M
146.4
163.8
152.6
175.5
178.4
195.4
217.8
250.3
276.6
290.0
135.0
10.21%
7.56%
6
11.07
Buyback yield%
5.11
7.68
10.43
8.57
9.80
9.90
8.28
5.34
5.58
7.03
11.29
7.03
7.98
37
1.157
D/E ratiox
0.621
0.725
0.843
0.855
0.844
0.942
1.059
1.232
1.352
1.439
1.641
1.232
0.899
34
474.8
Enterprise value¥M
172.2
178.4
170.9
152.7
129.4
128.8
135.3
113.8
96.39
99.23
421.8
(5.16%)
(6.41%)
75
356.0
LT debt¥M
884.2
888.0
939.8
855.9
804.5
809.4
785.6
763.0
819.6
874.9
93.54
1.69%
1.15%
36
Revenue
¥450.4M
6.38%
1.00×
Cost of revenue
¥261.9M
6.19%
0.98×
Operating expenses
¥61.93M
7.12%
1.07×
Goodwill & intangibles
18.08%
Spread over hurdle
46.50%