46.09
Revenue¥M
539.1
566.9
603.8
645.5
676.0
721.8
775.5
802.0
846.3
903.4
48.51
5.97%
5.97%
16
16.31
Revenue growth%
18.31
20.55
21.30
22.91
22.40
20.92
19.00
19.40
19.39
21.02
3.49
19.40
20.73
36
2.04
Gross margin%
27.06
28.18
29.75
29.60
28.61
29.98
29.05
26.52
26.72
25.04
27.81
26.72
28.39
37
10.52
Operating margin%
22.01
19.46
18.96
21.60
18.87
16.68
18.70
17.40
17.48
14.95
18.66
17.40
18.79
79
9.24
Net margin%
12.36
13.50
12.37
9.67
7.17
7.91
9.87
7.51
8.84
7.35
14.12
7.91
9.26
39
36.63
P/E ratio (avg)x
12.01
10.55
11.10
11.80
10.13
9.101
9.614
10.10
8.997
8.652
29.31
9.101
10.12
6
6.046
EV/EBITx
13.71
15.92
17.06
17.00
17.84
17.05
20.10
19.14
22.52
22.50
16.03
20.10
17.45
42
25.90
FCF yield (avg)%
0.40
0.40
0.40
1.68
2.51
1.02
3.48
6.31
7.23
4.78
15.24
4.78
2.10
63
20.50
FCF margin%
31.03
31.89
34.72
37.25
37.52
36.56
38.08
36.83
37.33
35.55
27.66
36.83
36.69
34
1.103
FCF / Net incomex
1.532
1.315
1.280
1.309
1.157
1.074
1.170
1.154
0.995
1.056
1.163
1.074
1.164
35
15.43
ROIC%
4.73
3.45
4.55
4.59
2.22
3.72
3.14
4.06
2.55
4.19
24.84
3.72
3.89
32
8.03
Return on equity%
25.58
23.87
24.12
26.40
29.02
28.53
30.83
33.38
31.38
30.96
29.85
30.96
28.77
58
6.69
Return on assets%
25.25
27.36
30.26
30.60
27.81
26.24
26.33
25.76
24.99
23.71
23.07
25.76
26.29
80
0.92
EPS¥
3.24
3.71
4.10
4.46
4.62
5.37
6.12
5.82
5.84
6.74
1.01
7.86%
8.49%
—
2.46
EPS growth%
16.02
16.06
18.28
15.32
16.58
17.72
16.11
15.61
15.73
15.04
24.91
15.73
16.04
53
0.74
Bookvalue per sh¥
3.01
3.23
3.43
3.91
3.92
4.23
4.92
5.33
5.90
6.93
0.78
12.04%
10.67%
—
1.19
FCF per share¥
6.11
6.56
7.55
7.59
8.45
9.45
10.67
12.35
13.58
14.52
3.24
11.45%
10.52%
—
0.44
Dividend per sh¥
1.06
1.10
1.25
1.38
1.65
1.73
2.06
2.12
2.36
2.34
2.90
7.23%
9.12%
—
17.39
Div yield (avg)%
2.66
1.95
2.57
3.77
3.68
1.06
3.66
3.80
1.47
3.43
15.44
3.43
3.05
44
22.52
Payout ratio%
17.57
14.76
14.92
13.71
16.46
14.91
11.92
9.30
9.65
10.13
29.08
10.13
14.24
16
159.7
Shares (diluted)M
170.5
163.5
181.7
207.4
189.2
187.8
206.9
212.1
196.0
195.5
158.8
0.65%
1.06%
42
15.72
Buyback yield%
12.68
15.40
17.88
18.79
17.14
19.63
17.16
16.53
17.36
16.27
5.75
17.16
17.15
78
1.196
D/E ratiox
2.675
2.896
2.913
3.108
3.263
3.256
3.335
3.331
3.601
3.633
0.422
3.335
3.259
19
509.0
Enterprise value¥M
393.2
414.7
436.4
438.8
468.0
519.0
567.5
627.4
663.3
594.2
180.7
4.89%
4.21%
25
674.3
LT debt¥M
200.9
197.3
178.1
191.3
181.7
190.5
205.7
216.5
206.4
210.2
117.2
2.95%
(0.17%)
58
Revenue
¥903.4M
5.97%
1.00×
Cost of revenue
¥632.4M
5.97%
1.00×
Operating expenses
¥176.2M
5.49%
0.96×
Spread over hurdle
(5.45%)