35.38
Revenue¥M
366.1
398.6
429.2
463.6
496.0
535.8
590.7
634.5
685.6
741.5
39.41
8.37%
7.93%
89
8.02
Revenue growth%
21.68
24.19
23.33
23.45
24.07
25.77
23.85
21.89
22.45
20.30
25.90
22.45
23.39
78
16.26
Gross margin%
27.82
25.13
23.98
26.89
25.84
25.48
26.56
24.88
25.64
24.52
18.75
25.48
25.56
38
16.18
Operating margin%
15.87
13.70
12.39
12.52
12.44
13.18
12.95
11.17
12.45
10.49
5.24
12.45
12.49
20
26.89
Net margin%
23.91
25.96
27.66
30.29
32.94
35.07
36.23
38.03
35.39
36.26
29.41
36.23
34.00
56
35.86
P/E ratio (avg)x
41.25
44.15
45.17
49.16
48.48
50.88
59.95
61.19
62.65
61.86
31.08
61.19
50.02
50
11.63
EV/EBITx
15.36
15.17
15.40
14.97
17.41
18.02
19.23
21.97
22.59
22.32
8.121
21.97
17.72
16
24.26
FCF yield (avg)%
6.03
5.34
3.16
1.55
2.80
1.57
0.57
2.51
2.22
1.93
13.84
1.93
2.36
68
23.21
FCF margin%
14.99
15.17
13.34
15.20
17.77
19.06
21.03
18.71
21.47
20.51
17.82
20.51
18.24
28
1.214
FCF / Net incomex
0.678
0.732
0.716
0.783
0.730
0.704
0.791
0.794
0.747
0.761
0.106
0.761
0.740
8
17.05
ROIC%
17.28
19.01
17.04
16.57
14.97
15.12
14.29
12.09
10.38
12.97
25.86
12.97
15.05
71
10.78
Return on equity%
0.40
1.20
0.40
0.40
1.49
1.41
0.85
2.41
1.55
0.40
19.33
1.41
1.03
89
9.53
Return on assets%
22.26
22.58
23.68
24.70
23.49
21.53
22.96
20.88
19.68
21.67
17.93
21.53
22.42
31
5.25
EPS¥
7.12
7.44
8.49
9.76
9.87
9.53
9.16
9.34
10.38
10.52
5.50
1.30%
4.40%
—
20.79
EPS growth%
25.45
22.81
23.75
22.32
21.04
21.89
20.15
17.77
15.10
12.23
15.85
17.77
21.47
37
5.33
Bookvalue per sh¥
2.62
2.77
2.70
2.64
2.42
2.35
2.44
2.42
2.12
2.32
1.59
(0.89%)
(2.38%)
—
3.62
FCF per share¥
3.88
3.75
3.87
3.70
3.47
3.69
3.90
3.31
2.92
2.76
5.93
(4.50%)
(4.74%)
—
3.76
Dividend per sh¥
4.01
3.54
3.29
3.34
3.47
3.08
3.13
3.05
3.29
2.92
3.66
(3.37%)
(4.25%)
—
3.89
Div yield (avg)%
34.65
33.14
33.83
35.08
35.10
35.41
33.46
35.18
36.29
36.17
11.43
35.41
35.09
41
26.08
Payout ratio%
26.19
24.32
23.97
25.06
23.61
21.60
20.75
22.11
19.55
21.22
4.53
21.22
22.86
11
106.4
Shares (diluted)M
182.0
206.4
234.4
268.0
302.4
349.5
385.9
380.1
396.9
410.8
108.7
6.32%
9.69%
46
27.56
Buyback yield%
13.71
12.77
14.50
13.05
13.70
16.04
14.65
11.77
9.30
8.72
14.36
11.77
13.38
51
0.995
D/E ratiox
1.157
1.202
1.292
1.502
1.509
1.562
1.518
1.586
1.817
2.059
1.596
1.586
1.514
88
414.1
Enterprise value¥M
398.3
343.7
345.1
317.2
319.8
345.8
365.1
326.5
276.1
255.6
294.6
(4.39%)
(5.44%)
26
184.7
LT debt¥M
219.7
247.7
271.9
309.0
304.4
317.5
299.3
321.7
308.9
332.5
74.43
1.78%
4.89%
87
Revenue
¥741.5M
7.93%
1.00×
Cost of revenue
¥508.0M
7.83%
0.99×
Operating expenses
¥126.1M
8.07%
1.01×
Spread over hurdle
(0.37%)