1.312
Revenue¥B
1.350
1.441
1.547
1.648
1.770
1.855
2.003
2.113
2.304
2.495
1.374
7.11%
7.00%
16
28.67
Revenue growth%
23.18
20.97
19.21
17.37
18.65
19.63
20.28
20.77
21.85
19.09
13.64
20.28
19.95
89
27.67
Gross margin%
24.53
24.53
23.55
21.30
21.73
23.08
22.48
22.65
22.00
21.32
28.80
22.48
22.56
74
8.81
Operating margin%
20.63
20.90
18.84
18.19
21.01
20.17
20.55
18.19
17.80
16.96
2.61
18.19
19.51
31
6.08
Net margin%
12.27
13.92
11.06
8.62
11.31
9.68
11.54
10.73
13.73
12.65
14.07
11.54
11.42
68
36.59
P/E ratio (avg)x
23.71
24.72
27.44
28.01
30.99
30.13
34.20
34.52
34.87
39.73
35.55
34.52
30.56
64
20.06
EV/EBITx
31.24
35.89
36.88
37.71
38.36
39.73
40.70
43.90
49.99
56.66
33.03
43.90
39.05
91
29.21
FCF yield (avg)%
21.59
19.77
21.72
20.97
22.20
22.43
24.78
22.08
21.26
21.35
13.02
22.08
21.65
95
9.80
FCF margin%
38.26
35.89
38.30
39.06
36.72
37.44
39.07
38.31
37.36
38.48
10.93
38.31
38.28
48
1.364
FCF / Net incomex
0.742
0.799
0.905
0.967
0.927
0.963
1.041
1.197
1.138
1.070
0.919
1.070
0.965
83
15.78
ROIC%
4.92
7.25
9.18
9.58
9.88
8.62
5.97
8.47
10.78
11.50
25.35
8.62
8.90
82
18.24
Return on equity%
19.77
17.48
18.28
18.76
15.96
14.27
15.11
15.38
17.89
15.76
11.02
15.38
16.72
77
6.63
Return on assets%
7.63
4.73
6.98
7.39
5.33
2.95
0.40
2.31
3.43
5.52
10.86
2.95
5.03
88
5.51
EPS¥
1.82
1.89
1.90
2.08
2.08
2.04
2.30
2.22
2.39
2.80
6.06
6.13%
5.84%
—
27.86
EPS growth%
12.03
14.94
15.79
13.70
14.62
14.94
15.57
18.16
16.81
14.44
9.35
15.57
14.94
74
4.13
Bookvalue per sh¥
1.53
1.49
1.51
1.46
1.55
1.52
1.63
1.50
1.50
1.47
1.48
(1.10%)
0.44%
—
5.23
FCF per share¥
3.57
3.19
3.18
3.52
3.48
3.15
2.95
2.85
2.54
2.43
3.27
(6.94%)
(3.20%)
—
4.01
Dividend per sh¥
3.91
3.56
3.73
3.75
3.66
3.66
3.58
3.22
3.53
3.63
4.09
(0.15%)
0.28%
—
17.60
Div yield (avg)%
7.03
6.78
6.27
3.59
5.80
7.59
8.56
9.45
10.92
13.42
21.21
9.45
7.31
51
10.14
Payout ratio%
3.91
2.63
2.88
2.68
0.73
0.40
1.20
3.39
3.26
1.22
27.33
1.22
2.65
79
221.1
Shares (diluted)M
174.5
177.0
188.6
197.3
213.2
215.3
199.6
195.5
178.8
194.2
232.7
(1.85%)
0.24%
24
16.78
Buyback yield%
22.34
20.70
18.44
15.73
13.83
12.00
11.02
8.24
6.20
6.54
13.41
8.24
12.91
83
0.781
D/E ratiox
1.482
1.493
1.466
1.436
1.512
1.476
1.345
1.346
1.304
1.378
0.786
1.346
1.451
9
1.962
Enterprise value¥B
1.894
1.797
1.693
1.777
1.997
2.270
2.407
2.276
2.083
1.919
1.143
(0.80%)
(0.75%)
23
1.300
LT debt¥B
1.703
1.658
1.858
1.704
1.635
1.654
1.726
1.615
1.489
1.502
1.827
(1.68%)
(0.87%)
29
Revenue
¥2.495B
7.00%
1.00×
Cost of revenue
¥1.737B
6.94%
0.99×
Operating expenses
¥544.7M
7.11%
1.01×
Cash and investments
19.02%
Spread over hurdle
(3.72%)