0.128
Revenue¥B
1.012
1.050
1.064
1.109
1.155
1.191
1.231
1.272
1.326
1.348
0.136
3.13%
3.00%
80
20.88
Revenue growth%
24.17
26.29
27.35
30.21
29.30
26.66
29.19
28.39
26.01
28.63
16.11
28.39
27.87
10
3.19
Gross margin%
26.94
27.97
30.91
30.28
27.59
24.94
24.32
25.09
26.72
26.55
16.71
25.09
26.83
13
6.03
Operating margin%
16.75
18.26
20.87
21.68
22.53
23.96
24.07
26.44
28.77
31.22
17.34
26.44
23.25
6
15.32
Net margin%
9.12
9.06
9.87
8.33
5.42
7.45
9.88
8.74
7.50
7.46
19.98
7.50
8.54
18
6.156
P/E ratio (avg)x
36.20
36.26
39.17
36.74
34.93
37.82
35.38
34.15
36.18
39.11
15.50
36.18
36.23
18
6.710
EV/EBITx
6.934
7.501
7.600
6.536
6.863
7.225
7.156
6.622
6.429
5.847
17.44
6.622
6.899
46
3.51
FCF yield (avg)%
3.21
5.55
6.59
5.60
5.58
2.69
4.36
5.19
6.82
5.28
27.16
5.19
5.41
8
19.85
FCF margin%
29.39
29.93
32.70
34.03
32.66
29.93
31.21
33.39
34.79
34.02
12.26
33.39
32.68
69
1.338
FCF / Net incomex
0.559
0.513
0.541
0.509
0.539
0.599
0.574
0.627
0.602
0.568
0.299
0.599
0.564
22
7.57
ROIC%
26.37
25.62
27.34
29.87
31.10
32.41
33.31
31.77
33.11
33.56
4.75
33.11
31.43
94
21.59
Return on equity%
22.65
25.04
22.79
20.08
17.58
17.50
14.62
17.38
16.71
15.12
2.11
16.71
17.54
91
14.17
Return on assets%
8.02
5.56
4.76
7.67
7.28
5.49
6.09
8.20
6.78
5.78
17.75
6.09
6.43
48
3.44
EPS¥
0.55
0.61
0.59
0.65
0.71
0.77
0.88
0.89
0.93
0.88
3.71
4.38%
5.08%
—
14.33
EPS growth%
18.47
20.39
23.35
23.26
20.55
21.94
20.11
17.17
18.70
20.71
26.53
20.11
20.47
23
1.31
Bookvalue per sh¥
0.66
0.65
0.62
0.71
0.72
0.81
0.92
0.94
0.89
0.94
0.92
5.58%
3.04%
—
1.59
FCF per share¥
3.09
3.49
4.18
4.38
5.20
5.15
6.16
7.45
7.56
7.41
2.60
7.34%
9.47%
—
0.81
Dividend per sh¥
3.14
3.11
3.50
3.72
4.11
4.34
3.89
3.99
3.81
4.00
1.39
(0.53%)
2.19%
—
12.16
Div yield (avg)%
7.03
9.14
11.86
13.37
11.45
11.33
11.87
11.76
13.88
12.32
21.87
11.87
11.81
11
7.70
Payout ratio%
0.40
0.64
0.40
3.22
0.40
1.02
1.74
1.94
3.19
0.40
11.86
1.74
0.83
70
275.8
Shares (diluted)M
404.3
428.4
489.2
471.8
450.6
516.0
589.5
682.7
752.8
879.0
268.7
14.30%
8.76%
67
19.18
Buyback yield%
14.46
13.89
15.75
14.63
14.14
14.17
12.14
9.35
11.64
13.15
12.63
12.14
14.01
15
1.520
D/E ratiox
0.710
0.670
0.752
0.827
0.800
0.778
0.718
0.727
0.683
0.725
0.256
0.725
0.726
32
1,032
Enterprise value¥M
799.4
799.9
851.8
742.1
675.5
636.8
552.1
602.7
582.9
502.3
427.4
(5.75%)
(3.80%)
53
0.806
LT debt¥B
1.384
1.447
1.666
1.552
1.570
1.738
1.737
1.967
1.813
1.955
0.954
4.48%
4.09%
47
Revenue
¥1.348B
3.00%
1.00×
Cost of revenue
¥943.4M
3.00%
1.00×
Operating expenses
¥254.2M
3.07%
1.01×
Goodwill & intangibles
16.78%
Spread over hurdle
16.60%