330.2
Revenue¥M
285.7
299.3
321.8
349.3
364.2
393.0
423.1
455.5
486.3
524.2
345.3
7.56%
6.86%
74
4.73
Revenue growth%
16.11
14.34
16.04
14.00
13.60
11.57
11.19
8.20
9.91
7.06
13.12
9.91
12.59
20
11.97
Gross margin%
16.00
18.56
16.34
13.60
13.58
12.79
14.10
16.29
13.53
16.46
8.96
14.10
15.05
77
3.03
Operating margin%
13.98
16.52
17.89
20.02
19.20
18.10
16.31
14.26
11.33
9.35
11.67
14.26
16.41
12
9.39
Net margin%
14.70
14.29
13.32
13.64
14.60
12.53
15.28
12.41
10.68
12.56
29.53
12.53
13.48
92
25.87
P/E ratio (avg)x
11.41
9.918
9.753
8.412
8.009
8.259
9.007
7.804
7.324
7.454
28.31
7.804
8.335
61
28.33
EV/EBITx
35.94
35.88
37.16
39.01
35.26
35.33
37.92
42.29
40.20
37.56
27.37
37.92
37.36
46
12.57
FCF yield (avg)%
23.80
25.05
22.23
20.90
23.06
24.61
23.95
21.51
19.89
20.02
21.38
21.51
22.65
29
12.06
FCF margin%
25.66
26.08
24.84
27.46
29.09
31.50
33.63
31.09
32.71
31.54
9.83
31.54
30.09
83
1.336
FCF / Net incomex
0.512
0.592
0.640
0.676
0.697
0.807
0.792
0.885
0.868
0.965
1.203
0.868
0.745
30
13.60
ROIC%
4.77
1.93
3.52
5.09
2.28
4.57
5.41
4.68
4.83
4.79
8.14
4.79
4.72
14
19.98
Return on equity%
23.62
24.74
22.71
23.23
24.74
21.82
24.13
25.82
24.75
21.77
27.35
24.13
23.88
82
21.87
Return on assets%
6.97
8.30
8.16
8.99
9.58
12.25
10.87
11.75
11.72
11.81
22.75
11.75
10.22
82
2.41
EPS¥
1.73
1.81
1.95
1.87
2.10
2.03
1.90
2.06
2.11
2.20
2.51
0.97%
3.36%
—
6.69
EPS growth%
8.04
10.18
11.20
9.89
12.30
13.74
15.35
17.87
20.13
22.98
29.27
17.87
13.02
65
2.93
Bookvalue per sh¥
2.83
2.76
3.05
3.41
3.14
3.10
3.23
3.22
3.47
3.82
2.78
4.00%
4.23%
—
2.30
FCF per share¥
0.88
0.80
0.76
0.69
0.66
0.62
0.57
0.53
0.50
0.49
1.48
(5.68%)
(5.81%)
—
1.18
Dividend per sh¥
2.50
2.67
2.56
2.34
2.52
2.19
2.21
2.21
2.22
2.35
2.26
(1.34%)
(1.41%)
—
6.46
Div yield (avg)%
6.50
9.42
8.02
7.23
4.58
5.99
6.24
6.04
5.87
3.53
28.12
5.99
6.14
44
10.20
Payout ratio%
17.06
17.86
19.54
18.04
16.26
17.72
19.19
18.85
18.89
18.35
29.33
18.85
18.19
9
119.9
Shares (diluted)M
166.5
163.3
164.7
176.3
206.5
194.9
201.8
216.9
206.3
220.0
124.9
1.28%
4.47%
43
8.94
Buyback yield%
17.82
17.35
16.46
16.19
15.31
14.62
16.39
13.65
11.39
13.31
24.39
13.65
15.75
79
1.283
D/E ratiox
0.108
0.096
0.104
0.100
0.102
0.091
0.097
0.100
0.097
0.092
1.131
0.097
0.099
78
66.98
Enterprise value¥M
637.4
617.3
665.8
725.1
791.0
884.3
966.9
968.1
974.6
877.0
192.3
2.09%
2.36%
39
499.0
LT debt¥M
320.1
327.9
315.0
338.7
342.7
341.6
306.7
271.3
289.2
298.6
211.7
(2.72%)
(0.99%)
5
Revenue
¥524.2M
6.86%
1.00×
Cost of revenue
¥327.8M
6.77%
0.99×
Operating expenses
¥123.2M
7.15%
1.03×
Property and equipment
16.15%
Spread over hurdle
(3.63%)