2.064
Revenue¥B
1.559
1.657
1.738
1.830
1.940
2.018
2.109
2.192
2.266
2.399
2.271
4.34%
4.68%
63
21.66
Revenue growth%
13.51
11.71
11.25
10.99
11.56
10.22
8.82
7.28
9.91
7.42
12.21
8.82
10.60
94
22.93
Gross margin%
32.45
31.31
28.62
29.20
29.94
30.87
31.00
30.12
28.08
26.52
28.12
30.12
30.03
49
11.19
Operating margin%
18.53
20.26
21.81
23.35
20.78
20.43
20.95
22.75
23.72
26.71
22.43
22.75
21.38
93
15.69
Net margin%
14.40
16.86
19.24
21.04
18.99
20.46
18.76
18.15
19.85
21.95
21.04
19.85
19.11
9
35.92
P/E ratio (avg)x
31.46
28.84
28.66
30.22
27.62
29.15
27.52
28.25
31.66
33.30
8.846
29.15
29.00
55
22.55
EV/EBITx
15.76
15.53
13.43
11.88
12.38
12.63
11.51
11.09
9.793
9.115
29.14
11.09
12.13
20
14.72
FCF yield (avg)%
21.65
23.47
22.35
24.00
21.09
19.53
18.96
18.85
18.34
20.42
25.31
18.96
20.76
93
27.53
FCF margin%
26.96
24.23
22.84
21.08
20.76
19.01
16.80
13.93
15.45
12.65
3.40
15.45
19.89
47
1.349
FCF / Net incomex
1.791
2.051
1.981
2.207
2.271
2.294
2.419
2.351
2.607
2.545
1.197
2.419
2.282
18
5.79
ROIC%
22.24
19.70
19.78
21.90
22.80
22.34
21.37
20.37
18.37
15.78
4.17
20.37
20.87
10
11.34
Return on equity%
3.35
0.42
2.70
0.85
3.77
2.87
3.87
3.70
4.35
6.32
27.88
3.87
3.52
70
16.79
Return on assets%
9.78
7.29
5.48
6.79
4.16
6.71
5.79
8.52
7.93
10.70
6.54
7.93
7.04
95
10.74
EPS¥
8.51
9.32
10.64
10.43
10.49
10.77
11.28
13.20
15.54
18.75
11.22
12.31%
8.35%
—
19.67
EPS growth%
16.74
14.22
16.50
15.50
16.21
14.09
12.66
15.57
14.20
13.02
16.39
14.09
14.86
42
10.97
Bookvalue per sh¥
2.35
2.38
2.07
2.12
1.81
1.60
1.63
1.73
1.68
1.50
9.86
(3.66%)
(4.44%)
—
8.13
FCF per share¥
11.21
10.89
12.80
14.66
14.28
14.03
14.18
15.09
15.93
17.43
2.39
4.07%
5.43%
—
11.38
Dividend per sh¥
9.45
8.89
8.95
8.98
9.75
10.50
10.71
9.94
11.11
10.30
6.37
1.11%
(0.06%)
—
19.16
Div yield (avg)%
12.21
14.01
11.60
11.95
14.46
17.06
14.90
16.64
14.23
13.33
28.05
14.90
14.12
69
29.23
Payout ratio%
28.51
29.57
31.60
32.24
29.28
26.58
24.80
24.33
25.54
27.96
7.59
25.54
28.24
63
168.0
Shares (diluted)M
151.6
155.7
162.4
164.7
152.9
130.7
127.9
110.6
96.32
94.30
163.7
(9.21%)
(4.70%)
48
26.05
Buyback yield%
8.78
10.93
9.56
7.66
10.32
10.97
12.24
15.20
14.03
16.66
8.50
14.03
10.95
28
0.551
D/E ratiox
2.087
2.062
2.195
2.212
2.230
2.371
2.747
2.787
3.151
3.734
1.778
2.787
2.301
90
1.188
Enterprise value¥B
1.404
1.297
1.271
1.371
1.259
1.398
1.399
1.568
1.809
1.878
1.538
8.33%
4.07%
76
1.292
LT debt¥B
2.169
2.007
1.881
2.076
2.035
1.877
1.949
2.104
1.990
2.107
1.954
0.70%
(0.27%)
13
Revenue
¥2.399B
4.68%
1.00×
Cost of revenue
¥1.551B
4.50%
0.98×
Operating expenses
¥483.5M
4.39%
0.97×
Cash and investments
16.14%
Spread over hurdle
(2.22%)