377.3
Revenue¥M
145.6
155.7
167.9
183.9
203.1
217.2
231.7
245.5
264.0
286.1
412.1
7.09%
7.84%
13
13.90
Revenue growth%
9.25
6.29
7.02
7.42
8.94
9.28
12.01
9.50
11.72
9.95
20.49
9.95
9.26
78
5.89
Gross margin%
21.23
23.48
21.48
21.01
22.77
22.22
20.61
22.89
23.26
20.76
10.72
22.22
21.85
42
10.09
Operating margin%
15.24
15.92
17.23
18.33
16.17
18.88
20.38
22.06
23.34
25.89
28.09
22.06
18.61
66
8.04
Net margin%
7.42
4.62
6.60
4.29
7.05
4.36
4.33
2.40
3.81
2.81
2.58
3.81
4.34
83
26.54
P/E ratio (avg)x
22.84
22.49
20.58
20.61
20.43
18.30
16.96
17.53
18.11
20.07
27.27
18.11
20.25
6
36.23
EV/EBITx
39.33
39.28
44.04
49.11
46.54
50.00
53.03
58.82
67.01
63.78
36.43
58.82
49.55
66
14.29
FCF yield (avg)%
10.59
9.11
9.60
12.09
10.37
7.84
8.99
8.13
11.00
11.78
4.83
8.99
9.98
62
15.64
FCF margin%
1.68
3.15
2.30
2.54
2.40
0.40
0.40
0.40
2.30
4.01
5.64
0.40
2.30
93
0.861
FCF / Net incomex
1.450
1.391
1.435
1.491
1.368
1.260
1.358
1.174
1.137
1.188
0.592
1.188
1.363
89
12.64
ROIC%
13.13
13.29
11.06
8.97
6.09
4.55
3.26
0.77
2.10
3.22
6.56
3.22
5.32
76
17.17
Return on equity%
19.89
22.78
23.36
24.75
27.46
30.06
30.68
32.55
32.31
33.16
9.19
32.31
28.76
71
25.14
Return on assets%
6.46
9.40
9.55
6.64
9.56
11.49
13.75
14.37
14.36
14.91
14.31
14.36
10.52
29
84.30
EPS¥
43.48
46.25
47.52
51.99
56.00
54.20
56.31
56.42
57.54
66.34
93.47
3.45%
4.70%
—
21.20
EPS growth%
13.65
12.08
10.98
8.11
6.33
7.67
9.08
8.62
7.12
8.42
24.65
8.42
8.52
41
19.38
Bookvalue per sh¥
12.93
12.75
13.37
13.35
14.55
12.71
13.90
12.53
10.83
11.54
58.69
(4.53%)
(1.15%)
—
47.19
FCF per share¥
21.19
20.21
19.07
20.36
22.55
22.44
23.72
24.12
28.13
29.10
56.88
5.24%
3.57%
—
24.21
Dividend per sh¥
89.80
82.86
81.44
86.37
85.50
91.82
98.13
89.67
86.65
74.62
15.60
(2.69%)
(1.19%)
—
6.85
Div yield (avg)%
32.96
32.47
34.67
37.39
38.56
35.83
33.65
36.56
36.54
33.83
21.53
35.83
35.25
35
19.26
Payout ratio%
15.59
13.40
11.29
10.39
7.90
9.30
11.06
12.12
15.03
17.62
15.04
12.12
11.70
72
2.660
Shares (diluted)M
4.580
4.299
4.520
4.843
5.021
4.972
5.235
5.047
5.746
6.642
2.689
5.76%
4.83%
30
22.30
Buyback yield%
14.16
16.91
16.23
17.20
15.56
13.60
15.97
14.09
14.56
16.86
29.46
14.56
15.77
13
0.995
D/E ratiox
1.711
1.678
1.604
1.490
1.664
1.535
1.601
1.731
1.680
1.538
0.525
1.601
1.634
73
31.61
Enterprise value¥M
114.4
118.6
124.6
142.0
166.0
186.0
212.1
219.9
251.6
241.3
307.5
7.76%
8.09%
90
285.7
LT debt¥M
72.76
75.91
78.63
77.31
90.62
106.7
125.4
147.0
165.7
187.9
224.7
15.71%
11.10%
53
Revenue
¥286.1M
7.84%
1.00×
Cost of revenue
¥131.7M
8.03%
1.02×
Operating expenses
¥60.97M
7.68%
0.99×
Cash and investments
14.60%
Spread over hurdle
(0.74%)