417.8
Revenue¥M
377.7
408.3
441.5
479.0
508.4
548.1
593.5
645.3
698.6
757.9
427.7
8.32%
7.93%
39
25.38
Revenue growth%
19.37
17.31
16.63
15.63
14.85
13.24
10.66
12.24
9.92
12.34
19.32
12.24
14.05
35
20.62
Gross margin%
23.15
23.28
26.16
25.05
25.06
27.23
26.90
27.22
26.42
24.20
8.66
26.90
25.61
49
5.84
Operating margin%
7.42
9.87
11.72
14.03
12.71
15.02
16.12
13.75
12.15
10.45
6.00
13.75
12.43
14
5.15
Net margin%
13.01
10.07
10.35
11.85
8.96
7.34
8.57
6.84
5.74
6.79
2.08
6.84
8.77
88
13.16
P/E ratio (avg)x
45.08
46.19
49.42
57.06
64.83
75.22
74.67
78.16
89.67
91.48
30.27
78.16
69.75
36
14.11
EV/EBITx
13.02
14.28
16.04
15.44
15.78
14.99
17.02
19.22
21.08
20.63
16.45
19.22
15.91
34
26.29
FCF yield (avg)%
31.64
33.52
30.86
28.66
27.58
28.03
29.32
29.39
27.65
25.36
9.06
28.03
28.99
33
21.92
FCF margin%
27.76
29.14
30.08
29.75
31.18
30.17
29.79
29.97
28.62
26.00
19.28
29.79
29.77
54
0.207
FCF / Net incomex
1.426
1.376
1.388
1.512
1.494
1.576
1.677
1.579
1.709
1.640
1.704
1.640
1.544
15
11.18
ROIC%
17.99
17.82
18.08
15.72
13.13
14.37
13.76
11.68
13.01
14.57
15.35
13.76
14.47
17
16.16
Return on equity%
20.98
19.11
17.38
17.43
15.01
12.45
13.30
10.60
12.72
14.31
7.95
12.72
14.66
33
9.07
Return on assets%
1.11
3.31
1.19
0.75
0.40
0.40
0.40
0.40
1.59
2.97
3.32
0.40
0.93
52
122.87
EPS¥
147.72
155.97
138.86
134.84
144.07
153.10
170.34
172.32
182.17
185.72
125.92
5.21%
1.84%
—
14.57
EPS growth%
21.99
23.37
23.08
20.99
22.35
23.13
22.47
22.27
21.77
21.12
13.24
22.27
22.31
95
76.44
Bookvalue per sh¥
132.36
140.34
137.06
155.23
183.94
216.37
209.76
210.21
235.45
274.84
38.04
8.36%
9.15%
—
91.40
FCF per share¥
186.50
216.20
215.18
237.60
231.24
234.15
255.64
253.62
237.28
231.29
130.07
—
1.76%
—
164.87
Dividend per sh¥
71.68
73.65
65.36
66.67
72.55
65.85
58.95
55.07
49.38
47.87
184.28
(7.98%)
(4.17%)
—
15.49
Div yield (avg)%
13.54
11.32
10.77
9.44
8.38
9.97
12.80
9.92
12.02
13.82
23.87
12.02
11.04
80
2.15
Payout ratio%
19.87
18.70
20.41
21.22
21.08
22.68
25.42
22.45
24.63
27.32
4.51
24.63
21.83
71
3.550
Shares (diluted)M
5.340
5.298
6.087
6.455
7.062
8.364
9.266
10.41
11.66
11.49
3.570
10.23%
9.46%
16
17.13
Buyback yield%
29.48
27.19
29.70
30.22
31.68
30.37
28.53
30.92
32.45
30.74
20.50
30.74
30.30
83
1.133
D/E ratiox
1.061
1.100
1.040
1.061
1.220
1.145
1.299
1.230
1.277
1.294
0.550
1.277
1.183
72
137.6
Enterprise value¥M
347.5
367.6
362.0
394.8
435.3
509.5
504.0
565.7
590.4
585.3
82.41
6.10%
6.90%
69
495.6
LT debt¥M
83.76
81.46
81.72
73.05
71.55
75.62
76.47
72.13
62.04
55.33
718.1
(5.01%)
(5.13%)
64
Revenue
¥757.9M
7.93%
1.00×
Cost of revenue
¥489.8M
8.14%
1.02×
Operating expenses
¥87.02M
8.09%
1.01×
Cash and investments
15.31%
Spread over hurdle
28.09%