332.6
Revenue¥M
491.3
523.9
565.2
618.7
674.0
710.4
761.8
818.8
891.4
973.9
360.4
7.64%
8.08%
34
20.00
Revenue growth%
5.53
7.91
9.05
11.93
13.40
16.21
14.07
12.33
12.04
9.53
21.67
12.33
11.99
20
23.15
Gross margin%
20.47
22.05
21.45
21.61
19.18
19.11
16.80
17.90
15.93
16.13
21.56
16.80
19.14
53
16.10
Operating margin%
18.47
16.72
13.96
11.15
9.85
9.10
7.00
9.90
8.14
6.30
26.86
8.14
9.88
41
19.51
Net margin%
30.34
30.26
30.58
32.41
32.49
35.43
34.14
33.29
35.47
38.47
8.97
35.43
32.89
35
34.15
P/E ratio (avg)x
33.95
33.74
33.03
32.54
29.63
29.00
27.92
30.13
30.86
31.30
18.44
30.13
31.08
83
25.57
EV/EBITx
10.86
11.53
11.72
11.41
12.22
12.24
13.28
15.18
14.63
13.89
29.26
13.89
12.23
31
3.84
FCF yield (avg)%
23.02
25.61
23.07
22.84
20.21
22.75
20.49
23.31
23.46
24.42
12.41
23.31
23.05
43
25.32
FCF margin%
38.07
36.28
35.63
35.53
38.06
37.00
36.91
37.11
36.49
35.79
6.99
36.91
36.70
24
0.165
FCF / Net incomex
1.388
1.384
1.626
1.644
1.963
1.965
2.209
2.277
2.565
2.559
0.982
2.277
1.964
58
8.84
ROIC%
8.60
10.21
7.50
4.66
1.74
1.50
3.29
1.21
1.26
1.86
3.78
1.50
2.58
34
24.35
Return on equity%
0.40
0.40
0.52
0.40
2.51
5.28
5.45
3.35
1.16
1.50
11.67
3.35
1.33
44
20.07
Return on assets%
3.37
4.35
4.69
7.13
6.95
6.78
7.99
10.81
10.77
12.09
9.38
10.77
7.04
55
9.38
EPS¥
12.73
11.79
12.60
13.69
13.24
14.32
15.41
15.50
16.93
18.55
9.86
6.98%
3.84%
—
17.49
EPS growth%
32.27
30.47
27.91
25.51
24.88
23.70
20.91
22.59
25.58
23.06
4.98
23.06
25.19
41
11.63
Bookvalue per sh¥
3.07
2.93
3.34
3.65
3.77
4.01
3.97
3.89
3.90
4.53
7.81
3.74%
3.30%
—
2.76
FCF per share¥
20.56
23.90
26.07
28.60
28.04
31.63
30.45
32.17
34.19
32.54
13.74
3.02%
6.19%
—
5.02
Dividend per sh¥
9.09
9.18
7.89
7.32
6.73
6.38
5.97
6.20
5.86
5.38
15.02
(4.39%)
(5.54%)
—
24.40
Div yield (avg)%
21.11
21.97
20.62
21.36
23.59
21.28
19.49
18.84
16.08
14.14
9.09
18.84
20.87
9
15.04
Payout ratio%
9.63
10.64
9.58
8.59
8.30
6.75
4.47
2.40
4.69
2.47
29.57
4.47
7.52
66
50.46
Shares (diluted)M
69.22
80.32
86.46
93.66
108.6
122.5
129.3
129.8
127.7
141.2
48.95
5.38%
8.38%
26
6.27
Buyback yield%
5.97
6.06
8.78
9.59
9.71
8.81
8.74
9.06
6.55
3.99
14.17
8.74
8.76
30
0.327
D/E ratiox
0.268
0.285
0.267
0.266
0.307
0.293
0.329
0.376
0.384
0.390
0.527
0.376
0.300
27
1.186
Enterprise value¥B
0.379
0.367
0.348
0.372
0.362
0.354
0.385
0.430
0.435
0.443
1.250
4.11%
1.54%
79
988.6
LT debt¥M
261.3
288.6
288.4
284.2
311.4
305.1
318.3
327.7
346.7
398.3
520.6
5.05%
5.75%
58
Revenue
¥973.9M
8.08%
1.00×
Cost of revenue
¥681.7M
8.08%
1.00×
Operating expenses
¥112.6M
6.97%
0.90×
Cash and investments
17.73%
Spread over hurdle
(1.66%)