414.1
Revenue¥M
438.0
461.0
501.1
543.8
570.4
607.7
638.1
686.4
734.3
767.4
449.7
6.11%
6.70%
29
27.05
Revenue growth%
26.95
24.90
23.00
24.82
23.33
26.03
25.30
26.26
23.51
23.92
6.16
25.30
24.86
75
15.31
Gross margin%
18.52
20.54
22.51
22.67
24.16
23.14
22.91
23.93
26.05
26.84
21.12
23.93
23.02
48
13.47
Operating margin%
7.27
7.11
5.21
6.30
6.16
6.33
5.52
4.54
6.86
4.91
15.10
5.52
6.23
29
15.03
Net margin%
16.41
19.16
16.82
15.57
13.55
14.67
13.66
14.31
15.96
18.83
23.81
14.67
15.76
7
12.00
P/E ratio (avg)x
24.41
24.59
24.47
26.14
26.69
27.70
28.48
26.67
25.85
27.81
21.47
27.70
26.40
38
25.12
EV/EBITx
51.66
51.49
52.88
57.23
63.35
72.19
80.22
84.35
90.82
95.13
8.616
84.35
67.77
24
13.09
FCF yield (avg)%
24.35
24.24
23.35
25.88
26.88
27.51
29.47
29.21
26.54
28.65
6.89
28.65
26.71
23
8.21
FCF margin%
0.40
0.40
2.00
1.35
0.40
2.80
2.32
4.09
4.63
2.97
17.21
2.97
2.16
18
0.934
FCF / Net incomex
0.298
0.266
0.267
0.260
0.254
0.238
0.228
0.204
0.218
0.223
0.236
0.223
0.246
8
14.92
ROIC%
0.40
1.26
2.10
0.40
2.57
0.82
3.81
2.66
2.01
4.22
24.03
2.66
2.06
66
18.05
Return on equity%
21.06
18.88
20.21
22.93
20.26
18.60
21.35
18.64
17.74
16.09
23.15
18.60
19.55
6
21.02
Return on assets%
11.37
10.50
13.24
14.97
14.00
11.96
11.30
13.69
13.72
13.89
29.35
13.69
13.47
36
2.92
EPS¥
4.08
3.82
3.75
3.40
3.66
3.77
3.98
3.89
3.97
4.36
3.04
3.57%
0.37%
—
27.05
EPS growth%
2.66
3.23
3.84
5.38
7.91
10.30
13.28
15.29
17.78
15.92
26.86
15.29
9.11
57
3.77
Bookvalue per sh¥
4.88
5.70
6.76
7.02
7.97
9.44
9.44
11.24
13.05
14.41
2.32
12.57%
11.74%
—
4.10
FCF per share¥
6.19
6.89
7.50
7.12
7.18
6.73
7.12
7.63
8.33
9.46
5.57
5.68%
4.04%
—
4.38
Dividend per sh¥
2.62
2.94
3.21
3.11
3.60
3.79
3.59
3.56
3.85
3.90
6.67
1.63%
4.53%
—
2.08
Div yield (avg)%
12.97
13.32
10.51
10.81
7.91
5.81
3.60
5.99
7.77
6.02
29.33
5.99
7.84
23
25.71
Payout ratio%
17.55
20.33
19.49
19.24
16.68
17.42
18.35
17.24
20.08
22.40
26.13
18.35
18.79
33
68.45
Shares (diluted)M
71.77
64.08
56.69
52.38
49.13
48.54
43.70
46.46
44.02
46.83
68.84
(0.95%)
(4.46%)
21
7.46
Buyback yield%
20.44
23.43
23.33
22.86
21.50
21.43
19.42
21.69
22.24
20.83
22.91
21.43
21.60
79
1.778
D/E ratiox
1.226
1.345
1.467
1.636
1.765
2.021
2.252
2.199
2.090
2.180
1.452
2.180
1.893
89
669.0
Enterprise value¥M
63.80
60.80
65.35
70.54
62.46
55.67
52.14
55.60
47.18
48.27
285.3
(5.02%)
(3.97%)
33
280.0
LT debt¥M
283.2
281.6
244.8
258.7
279.1
279.6
257.6
252.9
273.8
245.6
383.8
(2.53%)
(2.36%)
30
Revenue
¥767.4M
6.70%
1.00×
Cost of revenue
¥486.9M
6.65%
1.00×
Operating expenses
¥122.1M
5.77%
0.92×
Cash and investments
17.22%
Spread over hurdle
(0.47%)