1.986
Revenue¥B
1.243
1.333
1.459
1.598
1.741
1.849
1.959
2.123
2.303
2.529
2.208
7.75%
7.96%
31
12.69
Revenue growth%
14.67
12.94
11.87
10.63
13.40
14.70
12.39
14.98
14.63
12.26
5.93
14.63
13.17
23
2.07
Gross margin%
23.69
26.66
24.39
24.94
25.68
28.67
26.34
25.37
26.74
24.41
12.44
26.34
25.52
77
29.15
Operating margin%
9.02
10.63
12.10
13.10
11.17
13.86
15.44
14.72
12.81
15.64
12.37
14.72
12.96
90
26.97
Net margin%
23.60
25.53
28.37
26.19
23.35
23.98
24.37
24.76
26.10
25.22
19.58
24.76
24.99
84
11.58
P/E ratio (avg)x
12.84
12.98
13.84
14.70
15.75
14.00
14.60
14.87
15.18
15.04
21.12
14.87
14.65
25
8.678
EV/EBITx
14.09
14.95
14.39
14.68
16.70
18.14
17.44
18.91
21.54
23.22
37.21
18.91
17.07
52
27.73
FCF yield (avg)%
5.33
6.99
8.10
8.77
6.49
6.77
8.54
7.54
9.15
7.39
23.49
7.54
7.46
15
29.88
FCF margin%
6.19
3.72
5.31
4.02
5.00
5.21
2.43
0.71
1.79
2.08
13.03
2.08
3.87
34
1.757
FCF / Net incomex
0.427
0.414
0.426
0.435
0.476
0.535
0.532
0.599
0.628
0.699
1.423
0.599
0.504
13
6.49
ROIC%
4.06
1.21
0.40
0.40
0.40
3.09
5.69
7.36
7.21
6.89
14.38
6.89
3.58
19
4.30
Return on equity%
15.45
14.19
15.75
14.62
16.90
17.24
17.81
15.06
12.72
10.42
19.76
15.06
15.26
66
19.25
Return on assets%
26.00
25.42
22.85
25.31
25.91
26.13
27.41
24.49
21.91
23.22
21.08
24.49
25.37
89
1.82
EPS¥
1.16
1.33
1.23
1.18
1.30
1.44
1.55
1.48
1.64
1.62
1.96
4.49%
3.52%
—
20.69
EPS growth%
16.80
16.80
19.17
16.50
18.36
16.99
16.30
13.77
11.06
12.70
17.35
13.77
16.65
52
0.77
Bookvalue per sh¥
1.17
1.02
0.89
0.88
0.90
0.97
0.99
0.98
0.99
0.93
2.28
0.61%
(1.92%)
—
1.83
FCF per share¥
2.19
2.00
2.05
1.95
1.88
1.94
1.80
1.58
1.70
1.74
1.07
(1.49%)
(1.50%)
—
1.16
Dividend per sh¥
1.65
1.62
1.70
1.63
1.66
1.61
1.67
1.98
1.90
2.00
0.57
3.75%
1.69%
—
27.10
Div yield (avg)%
9.58
11.17
9.01
6.75
3.84
3.40
4.95
2.38
1.51
2.22
24.18
2.38
4.39
42
19.71
Payout ratio%
0.40
0.40
2.74
3.50
6.22
4.49
6.82
8.48
6.35
5.96
12.68
6.35
5.23
26
395.7
Shares (diluted)M
528.6
527.2
537.1
614.9
705.3
762.6
827.1
767.7
850.1
974.6
383.7
6.68%
7.18%
81
6.93
Buyback yield%
24.20
25.51
25.86
26.71
26.57
27.77
28.89
31.31
28.62
27.43
19.96
28.62
27.07
46
0.275
D/E ratiox
0.931
0.891
0.800
0.787
0.819
0.855
0.768
0.804
0.726
0.652
0.731
0.768
0.802
14
0.724
Enterprise value¥B
1.887
1.723
1.780
1.866
1.979
1.916
2.053
2.166
2.064
2.274
1.257
2.81%
2.63%
92
0.642
LT debt¥B
1.675
1.957
2.004
2.021
2.326
2.517
2.899
3.197
3.063
3.191
1.120
6.53%
6.86%
81
Revenue
¥2.529B
7.96%
1.00×
Cost of revenue
¥1.459B
7.84%
0.99×
Operating expenses
¥299.7M
8.29%
1.03×
Cash and investments
20.39%
Spread over hurdle
13.14%