335.1
Revenue¥M
393.8
418.3
436.3
465.3
482.8
517.8
555.9
577.3
598.9
633.5
342.7
5.58%
5.56%
41
14.44
Revenue growth%
7.69
5.04
6.71
4.66
2.37
0.96
2.26
2.92
2.52
3.30
4.38
2.52
3.11
66
8.46
Gross margin%
12.90
13.32
13.56
15.46
14.92
15.78
17.12
19.28
20.81
21.90
7.48
19.28
15.62
49
12.58
Operating margin%
5.21
3.23
4.33
1.54
0.84
2.63
0.40
2.35
3.51
3.39
11.48
2.63
2.93
78
27.94
Net margin%
18.07
18.70
19.92
22.37
22.08
21.89
24.35
26.52
28.46
27.02
14.86
26.52
22.22
41
14.20
P/E ratio (avg)x
7.116
7.460
7.677
8.211
7.299
6.204
5.266
5.462
5.581
5.495
31.45
5.495
6.660
21
23.99
EV/EBITx
29.35
28.07
29.65
32.25
31.94
36.24
34.44
40.14
41.81
41.89
20.44
40.14
33.34
51
14.37
FCF yield (avg)%
21.84
23.75
22.13
24.96
24.39
25.30
26.86
29.59
29.29
29.32
16.72
29.29
25.13
54
23.99
FCF margin%
19.58
18.31
18.59
18.66
19.58
18.01
20.44
23.43
22.42
21.54
5.56
21.54
19.58
44
0.252
FCF / Net incomex
0.922
0.927
0.892
0.889
0.874
0.985
1.084
1.065
1.086
1.148
1.727
1.084
0.956
27
16.49
ROIC%
25.50
22.68
22.20
20.79
18.54
19.52
17.53
14.95
17.25
18.34
5.81
17.53
19.03
15
28.20
Return on equity%
6.72
7.81
6.08
7.18
5.22
3.97
1.73
1.64
0.91
3.19
9.72
1.73
4.59
35
22.45
Return on assets%
21.73
22.10
22.71
22.04
20.52
20.90
18.81
19.20
19.43
17.45
9.80
19.20
20.71
42
0.72
EPS¥
1.81
1.89
1.96
1.97
2.12
2.37
2.17
2.27
2.35
2.64
0.76
4.49%
4.49%
—
22.86
EPS growth%
17.32
19.67
20.51
20.24
18.33
17.74
19.29
17.36
16.54
15.24
21.06
17.36
18.04
63
1.36
Bookvalue per sh¥
2.86
3.13
3.04
2.98
3.45
3.60
3.90
3.75
3.81
3.89
3.46
2.43%
3.79%
—
3.28
FCF per share¥
3.09
3.35
3.38
3.43
3.08
3.10
3.17
3.22
3.02
2.88
3.00
(1.30%)
(1.46%)
—
2.41
Dividend per sh¥
3.90
4.20
4.75
4.58
4.80
4.67
4.56
4.48
4.48
5.01
2.02
0.90%
2.38%
—
7.25
Div yield (avg)%
12.06
13.84
13.28
10.88
11.80
12.97
12.10
10.93
10.73
12.99
22.34
12.10
12.08
9
29.42
Payout ratio%
5.78
7.52
9.24
6.95
6.55
5.88
2.96
1.35
0.40
2.40
19.23
2.40
5.83
67
129.8
Shares (diluted)M
205.4
205.7
236.1
282.5
299.9
343.6
390.0
455.9
488.3
523.3
133.4
11.77%
10.17%
53
19.36
Buyback yield%
24.57
23.74
22.99
23.82
25.08
27.75
28.15
27.12
28.76
30.00
17.50
28.15
26.10
56
0.418
D/E ratiox
1.447
1.325
1.494
1.375
1.502
1.365
1.437
1.303
1.427
1.580
1.514
1.427
1.432
45
337.0
Enterprise value¥M
113.8
108.3
108.0
96.02
84.70
85.73
84.99
88.36
92.90
98.88
655.9
3.14%
(2.71%)
59
670.3
LT debt¥M
604.1
554.6
553.1
572.1
581.1
652.3
715.8
739.5
839.5
938.4
115.2
10.06%
4.40%
23
Revenue
¥633.5M
5.56%
1.00×
Cost of revenue
¥405.9M
5.62%
1.01×
Operating expenses
¥148.9M
5.66%
1.01×
Cash and investments
20.38%
Spread over hurdle
(3.79%)