229.5
Revenue¥M
317.6
340.1
354.6
371.5
386.3
409.8
444.2
466.6
506.3
536.2
246.0
6.78%
6.08%
55
23.55
Revenue growth%
18.99
21.08
23.42
22.28
24.65
22.91
23.75
21.45
23.66
21.56
25.23
22.91
22.60
59
16.16
Gross margin%
9.66
10.82
13.26
12.69
15.33
14.80
13.04
12.70
12.07
11.36
10.54
12.70
12.70
78
17.57
Operating margin%
10.00
10.36
10.81
13.27
12.92
11.51
9.80
10.60
10.02
8.52
24.38
10.02
10.48
95
9.51
Net margin%
6.21
7.91
7.25
10.24
8.98
9.28
6.41
8.91
10.10
7.23
9.84
8.91
8.41
50
32.31
P/E ratio (avg)x
41.71
43.51
43.42
44.16
49.23
53.34
57.12
56.57
66.78
76.26
33.55
57.12
51.29
11
24.48
EV/EBITx
11.00
12.10
12.93
11.61
11.40
11.95
10.87
10.03
11.14
11.44
11.36
11.14
11.42
85
7.62
FCF yield (avg)%
18.25
18.63
21.06
20.17
21.88
21.77
22.66
24.39
23.94
21.18
21.21
22.66
21.48
68
5.20
FCF margin%
31.36
29.22
31.33
28.99
26.55
27.21
26.25
23.62
25.90
26.89
19.16
26.25
27.05
80
0.684
FCF / Net incomex
1.175
1.224
1.285
1.152
1.003
0.896
0.895
0.910
0.999
0.916
1.139
0.910
1.001
66
7.41
ROIC%
17.54
15.15
15.57
16.35
16.64
14.87
14.91
14.54
14.43
13.69
20.07
14.54
15.03
15
20.18
Return on equity%
19.35
20.67
22.79
24.72
22.37
20.89
19.54
19.34
16.89
16.12
18.36
19.34
20.10
6
29.66
Return on assets%
15.41
13.87
13.70
12.80
13.86
13.10
12.65
14.73
13.65
10.93
7.46
13.10
13.67
12
0.56
EPS¥
0.93
0.94
1.00
1.19
1.18
1.19
1.39
1.48
1.76
1.94
0.58
10.42%
7.89%
—
9.26
EPS growth%
24.08
25.63
24.29
25.29
26.43
29.39
29.16
27.39
29.67
29.67
13.93
29.39
26.91
82
0.12
Bookvalue per sh¥
0.43
0.47
0.46
0.42
0.45
0.41
0.43
0.40
0.37
0.34
0.37
(5.39%)
(2.13%)
—
0.40
FCF per share¥
0.88
0.95
1.06
1.14
1.17
1.24
1.40
1.31
1.50
1.70
0.66
7.82%
7.90%
—
0.43
Dividend per sh¥
0.23
0.21
0.23
0.24
0.26
0.27
0.28
0.28
0.26
0.24
0.46
(1.56%)
0.88%
—
7.68
Div yield (avg)%
9.03
6.11
8.47
9.82
8.86
9.82
9.51
8.83
9.09
8.50
24.58
9.09
8.94
27
14.28
Payout ratio%
3.27
0.97
0.40
2.94
3.11
5.69
7.12
8.24
8.87
6.45
7.89
7.12
4.48
27
331.7
Shares (diluted)M
451.5
505.9
531.5
489.3
551.1
517.1
582.0
653.0
745.5
823.4
326.7
8.36%
6.08%
16
22.53
Buyback yield%
19.32
21.86
22.31
19.43
21.35
20.57
19.22
22.08
21.57
22.52
20.54
21.57
21.46
88
0.705
D/E ratiox
0.602
0.571
0.504
0.435
0.470
0.450
0.463
0.448
0.431
0.438
1.104
0.448
0.456
53
39.18
Enterprise value¥M
393.6
353.5
362.1
382.9
341.7
323.4
281.3
246.4
264.0
230.3
26.49
(7.59%)
(4.36%)
66
465.4
LT debt¥M
59.63
61.64
64.50
64.08
57.23
52.78
59.40
66.28
62.96
57.63
204.2
0.14%
0.51%
67
Revenue
¥536.2M
6.08%
1.00×
Cost of revenue
¥325.4M
6.08%
1.00×
Operating expenses
¥135.3M
6.38%
1.03×
Property and equipment
19.71%
Spread over hurdle
(3.57%)