1.381
Revenue¥B
1.716
1.881
2.068
2.209
2.344
2.562
2.808
2.974
3.261
3.565
1.424
8.75%
8.65%
62
22.15
Revenue growth%
9.88
8.11
9.75
11.55
12.52
10.57
9.08
8.37
9.43
9.09
9.11
9.09
9.59
11
25.83
Gross margin%
19.35
17.55
19.15
21.76
20.33
19.48
19.15
21.56
22.17
23.51
13.26
21.56
19.91
67
5.08
Operating margin%
26.01
26.11
24.75
23.47
25.47
24.02
26.50
25.98
28.86
28.51
23.00
26.50
25.99
60
13.24
Net margin%
18.12
19.11
19.87
21.74
20.17
23.15
25.73
28.09
28.59
27.43
28.38
27.43
22.44
89
8.217
P/E ratio (avg)x
23.21
23.13
22.85
26.01
27.21
32.38
37.06
44.63
48.93
51.65
27.34
44.63
29.80
87
13.08
EV/EBITx
18.17
17.23
16.02
15.61
13.69
13.87
14.60
13.21
12.28
10.96
21.99
13.21
14.23
5
9.23
FCF yield (avg)%
19.77
18.40
16.06
14.66
11.93
8.94
7.73
10.18
10.07
7.95
13.01
8.94
11.06
35
27.46
FCF margin%
1.80
0.40
2.08
0.40
0.40
0.40
0.97
0.40
0.74
1.68
8.13
0.74
0.57
41
1.621
FCF / Net incomex
0.421
0.406
0.438
0.458
0.450
0.455
0.426
0.384
0.419
0.379
0.547
0.419
0.423
76
18.21
ROIC%
7.94
8.53
9.41
7.19
8.37
10.36
12.03
9.41
10.87
10.50
5.34
10.50
9.41
7
8.94
Return on equity%
18.18
15.73
18.21
21.08
23.65
23.72
23.40
22.87
25.31
24.95
4.36
23.72
23.13
16
21.15
Return on assets%
19.46
17.28
17.05
14.42
15.58
16.07
15.62
15.47
17.23
15.14
2.91
15.62
15.85
12
10.29
EPS¥
14.70
15.40
15.38
15.05
16.91
17.99
16.59
18.84
19.66
19.82
11.23
3.23%
2.37%
—
9.94
EPS growth%
25.83
27.91
25.06
24.02
25.23
26.42
23.98
22.32
22.55
25.12
14.20
23.98
25.09
81
5.19
Bookvalue per sh¥
15.21
14.95
14.60
14.19
16.98
20.38
19.88
20.41
24.00
27.21
2.10
9.89%
6.03%
—
9.18
FCF per share¥
10.86
9.93
10.86
10.17
9.66
10.01
9.78
9.72
10.80
10.48
7.66
1.64%
0.29%
—
10.33
Dividend per sh¥
7.22
7.60
8.59
9.93
9.72
10.41
9.68
9.70
11.33
11.39
9.45
3.22%
4.89%
—
7.87
Div yield (avg)%
2.91
1.54
2.73
0.40
0.40
0.40
0.40
1.34
1.15
1.05
5.21
1.05
1.10
65
18.45
Payout ratio%
23.85
23.85
23.57
20.83
23.50
20.56
18.80
16.79
18.62
19.42
24.11
18.80
20.69
71
102.7
Shares (diluted)M
141.8
155.2
174.6
208.6
222.2
223.8
216.8
254.4
260.0
272.9
101.4
4.19%
8.15%
12
24.28
Buyback yield%
7.90
4.95
5.15
6.26
8.19
7.58
7.77
9.49
9.78
7.70
29.49
7.77
7.74
52
1.124
D/E ratiox
1.427
1.497
1.392
1.366
1.209
1.231
1.124
1.214
1.120
1.112
0.988
1.124
1.222
25
0.348
Enterprise value¥B
0.648
0.656
0.738
0.767
0.734
0.789
0.802
0.781
0.795
0.812
1.626
2.05%
2.17%
5
1,307
LT debt¥M
650.6
659.0
654.6
582.3
514.2
531.0
584.0
518.7
477.0
472.6
138.6
(1.67%)
(2.37%)
90
Revenue
¥3.565B
8.65%
1.00×
Cost of revenue
¥2.066B
8.67%
1.00×
Operating expenses
¥484.6M
8.80%
1.01×
Goodwill & intangibles
21.29%
Property and equipment
16.80%