763.1
Revenue¥M
346.4
379.6
401.8
426.5
452.5
487.5
524.4
572.9
606.4
644.8
800.6
7.34%
7.33%
38
12.63
Revenue growth%
6.11
6.41
6.52
8.33
9.04
8.74
6.05
8.63
8.47
8.20
25.22
8.47
8.26
13
17.17
Gross margin%
14.52
11.80
9.54
10.99
8.09
10.75
12.50
9.74
12.38
9.57
7.06
10.75
10.87
56
11.29
Operating margin%
30.72
28.16
26.78
28.85
29.56
29.97
31.25
32.00
29.07
27.08
25.47
29.97
29.32
24
27.25
Net margin%
19.74
17.07
14.97
15.47
12.53
14.11
16.61
17.58
17.79
18.07
6.45
17.58
16.84
61
26.43
P/E ratio (avg)x
67.35
71.01
71.79
75.34
84.00
90.41
91.01
99.40
104.4
100.3
12.24
99.40
87.21
13
26.91
EV/EBITx
19.76
19.87
18.38
17.00
17.87
17.26
16.05
15.63
16.42
14.65
10.27
16.05
17.13
16
19.56
FCF yield (avg)%
8.97
7.73
8.59
6.27
3.55
6.11
3.62
1.49
2.08
0.40
11.20
2.08
4.86
8
13.15
FCF margin%
19.66
17.71
16.53
19.28
21.42
19.35
21.25
19.35
18.34
19.10
14.02
19.35
19.31
40
0.602
FCF / Net incomex
0.696
0.625
0.586
0.519
0.540
0.580
0.562
0.509
0.471
0.432
0.702
0.509
0.551
53
28.83
ROIC%
9.74
7.56
5.89
5.92
5.70
3.64
5.72
7.36
9.07
8.84
9.28
7.36
6.64
21
6.09
Return on equity%
16.01
18.99
18.48
16.49
13.55
15.03
12.54
12.60
10.75
12.09
20.83
12.54
14.29
77
10.89
Return on assets%
24.51
24.81
25.50
23.41
23.91
22.29
20.55
23.43
25.05
25.88
27.35
23.43
24.21
37
0.94
EPS¥
3.33
3.42
3.85
3.99
4.32
4.25
4.78
5.49
6.38
6.54
0.97
8.62%
8.10%
—
29.73
EPS growth%
10.98
9.23
9.16
8.40
10.50
11.85
8.91
11.17
11.65
11.60
7.70
11.60
10.74
79
1.05
Bookvalue per sh¥
2.89
3.09
3.16
2.94
2.72
2.58
2.45
2.28
2.65
2.56
1.87
(1.24%)
(0.25%)
—
0.70
FCF per share¥
1.33
1.50
1.64
1.64
1.82
2.03
2.08
2.07
1.93
1.99
1.27
1.81%
3.84%
—
1.26
Dividend per sh¥
1.73
1.59
1.69
1.63
1.66
1.57
1.65
1.66
1.62
1.54
1.62
(1.51%)
(2.13%)
—
8.07
Div yield (avg)%
24.54
23.00
24.47
26.06
27.32
30.27
29.95
28.66
30.71
28.09
2.85
29.95
27.71
25
29.43
Payout ratio%
18.69
17.07
16.94
17.03
15.04
17.80
20.16
18.53
16.31
15.05
7.03
17.80
17.05
85
167.2
Shares (diluted)M
234.3
243.2
246.4
237.5
223.7
212.7
205.9
232.4
243.9
234.0
161.8
0.91%
0.71%
16
20.55
Buyback yield%
3.19
3.11
2.28
2.08
3.81
4.70
4.18
5.32
2.70
4.82
12.07
4.70
3.50
93
1.059
D/E ratiox
0.959
1.113
1.309
1.242
1.394
1.315
1.533
1.540
1.478
1.646
0.686
1.533
1.355
84
338.5
Enterprise value¥M
93.65
102.5
107.6
102.9
99.64
101.5
103.8
106.3
122.5
123.8
66.90
4.45%
3.23%
29
229.4
LT debt¥M
214.8
254.0
258.4
257.8
249.2
275.3
310.1
301.1
304.0
356.8
528.3
7.44%
5.23%
21
Revenue
¥644.8M
7.33%
1.00×
Cost of revenue
¥451.3M
7.33%
1.00×
Operating expenses
¥110.8M
6.65%
0.94×
Property and equipment
22.22%
Cash and investments
14.63%
Spread over hurdle
(5.40%)