201.2
Revenue¥M
612.4
660.7
697.2
728.7
760.4
797.0
843.2
891.3
960.2
997.2
221.8
5.57%
5.58%
42
14.44
Revenue growth%
23.20
24.93
22.29
22.57
25.25
25.37
23.70
24.80
24.15
24.77
5.96
24.77
24.46
30
27.18
Gross margin%
24.58
22.77
22.18
20.85
22.81
22.70
22.66
22.99
20.34
20.56
7.86
22.66
22.68
42
16.12
Operating margin%
7.89
7.31
4.60
3.27
3.27
5.55
4.43
4.98
6.12
6.63
11.38
5.55
5.26
11
9.85
Net margin%
23.93
25.40
27.06
25.85
26.23
25.17
23.67
24.08
23.16
20.37
10.50
23.67
24.62
42
27.70
P/E ratio (avg)x
38.32
36.54
39.34
42.30
43.16
43.78
45.32
43.09
37.85
38.63
15.35
43.09
40.82
79
7.303
EV/EBITx
27.03
31.04
33.18
36.19
40.86
42.77
47.15
44.78
48.39
45.39
8.687
45.39
41.82
30
2.76
FCF yield (avg)%
11.63
9.32
11.96
14.71
16.26
15.43
12.56
10.04
8.21
6.91
7.40
10.04
11.80
60
18.53
FCF margin%
27.58
26.48
27.69
26.72
28.94
31.13
29.90
30.46
30.87
28.48
16.28
30.46
28.71
36
1.087
FCF / Net incomex
0.634
0.699
0.699
0.711
0.736
0.723
0.728
0.741
0.813
0.834
0.232
0.741
0.726
53
19.35
ROIC%
13.64
11.61
10.84
12.32
12.95
14.76
14.86
14.85
13.87
11.07
12.67
14.76
13.30
95
18.69
Return on equity%
20.00
20.25
21.59
18.68
16.69
19.37
19.72
18.13
17.07
19.68
10.51
19.37
19.53
69
2.88
Return on assets%
23.39
25.69
28.50
26.33
28.49
31.35
32.04
34.80
33.58
36.44
6.62
33.58
29.92
47
1.79
EPS¥
0.67
0.78
0.75
0.82
0.91
0.84
0.80
0.78
0.86
0.97
1.91
1.37%
5.02%
—
3.97
EPS growth%
26.14
25.15
23.78
21.07
21.15
22.55
21.63
24.37
23.74
22.32
22.12
22.55
23.15
59
0.95
Bookvalue per sh¥
0.85
0.85
0.85
0.97
1.10
1.11
1.08
1.18
1.37
1.44
0.42
5.64%
6.41%
—
2.05
FCF per share¥
0.73
0.75
0.75
0.67
0.70
0.62
0.57
0.57
0.57
0.62
1.23
(2.38%)
(1.28%)
—
0.77
Dividend per sh¥
0.54
0.45
0.44
0.39
0.39
0.40
0.41
0.39
0.39
0.35
1.81
(2.34%)
(4.95%)
—
11.45
Div yield (avg)%
9.84
10.89
9.85
6.92
6.64
9.14
8.34
8.93
9.87
10.72
28.90
9.14
9.49
80
15.76
Payout ratio%
11.62
9.16
8.98
11.22
8.36
6.79
4.92
5.91
3.31
4.73
22.79
4.92
7.57
79
257.8
Shares (diluted)M
181.4
183.6
184.9
165.5
150.1
168.9
172.5
171.9
182.7
199.0
256.7
5.80%
0.25%
59
29.21
Buyback yield%
25.75
26.56
24.33
24.58
25.66
24.50
22.29
23.85
21.48
19.30
19.48
22.29
24.42
60
1.243
D/E ratiox
0.357
0.330
0.308
0.286
0.307
0.285
0.278
0.252
0.273
0.293
0.336
0.278
0.289
46
702.2
Enterprise value¥M
169.4
168.9
174.2
173.4
188.3
181.1
197.6
218.1
210.0
217.5
298.5
2.92%
2.06%
88
0.348
LT debt¥B
1.040
1.086
1.189
1.218
1.299
1.392
1.344
1.497
1.576
1.514
0.795
3.11%
3.95%
46
Revenue
¥997.2M
5.58%
1.00×
Cost of revenue
¥662.0M
5.32%
0.98×
Operating expenses
¥155.3M
5.76%
1.02×
Goodwill & intangibles
17.53%
Cash and investments
16.27%
Spread over hurdle
(0.51%)