539.4
Revenue¥M
321.0
346.7
371.6
411.6
457.0
502.4
543.2
579.8
638.4
689.6
560.5
8.58%
8.75%
29
27.25
Revenue growth%
14.03
11.72
8.76
5.79
3.91
6.49
6.21
6.25
4.68
5.38
28.81
6.21
6.23
46
28.33
Gross margin%
33.41
36.24
37.07
34.81
34.49
31.53
30.40
32.10
34.07
33.80
15.68
32.10
33.93
46
6.35
Operating margin%
25.14
22.42
23.10
23.66
22.85
25.64
23.86
25.62
23.06
23.47
17.72
23.86
23.56
63
7.86
Net margin%
19.81
20.67
22.14
20.58
22.30
23.49
25.98
27.20
25.23
22.45
16.94
25.23
22.38
38
36.57
P/E ratio (avg)x
24.13
22.27
24.51
26.83
28.92
27.34
28.51
28.09
28.53
27.41
28.04
28.09
27.37
24
8.752
EV/EBITx
22.43
23.76
23.02
19.81
19.10
16.57
16.37
15.27
12.97
13.23
13.44
15.27
17.84
47
4.57
FCF yield (avg)%
7.60
4.93
2.26
0.40
1.56
1.12
0.43
0.40
0.60
1.68
25.94
0.60
1.34
61
10.43
FCF margin%
23.11
23.63
25.72
27.63
25.61
23.05
24.58
24.03
26.92
25.58
13.23
24.58
25.08
69
1.271
FCF / Net incomex
1.378
1.387
1.481
1.614
1.781
1.906
2.138
2.248
2.679
2.919
1.797
2.248
1.843
24
10.02
ROIC%
26.72
23.75
20.90
23.47
21.12
23.72
21.62
23.95
25.89
28.20
2.90
23.95
23.73
19
22.07
Return on equity%
8.80
10.83
9.22
11.77
13.92
12.48
13.45
11.99
9.46
10.07
3.25
11.99
11.30
14
9.08
Return on assets%
21.85
24.17
26.07
26.63
27.39
30.21
30.31
27.52
25.67
28.21
14.04
28.21
27.01
21
90.18
EPS¥
68.45
81.16
95.97
114.56
130.43
139.91
167.86
164.63
172.42
176.84
92.98
6.28%
10.90%
—
4.83
EPS growth%
21.81
23.20
24.32
25.06
25.33
23.59
22.84
25.34
27.85
24.87
10.87
24.87
24.59
83
61.18
Bookvalue per sh¥
16.13
17.00
14.99
15.53
16.26
16.91
15.81
15.76
15.90
16.27
56.28
0.01%
(1.14%)
—
27.61
FCF per share¥
64.31
66.26
72.07
68.90
77.33
72.26
75.20
84.19
84.85
90.73
14.44
3.25%
4.89%
—
63.15
Dividend per sh¥
59.69
58.86
54.99
61.71
59.31
58.85
62.05
69.44
65.36
65.49
53.35
2.00%
0.91%
—
12.35
Div yield (avg)%
4.85
4.63
6.42
7.58
7.91
8.20
5.21
5.81
7.58
9.62
2.91
7.58
7.00
50
24.32
Payout ratio%
2.27
2.23
0.40
1.85
2.53
4.32
1.95
0.40
0.40
0.40
25.21
0.40
1.90
40
3.530
Shares (diluted)M
2.914
2.714
2.479
2.244
2.010
2.036
2.003
1.741
1.776
1.722
3.357
(3.05%)
(5.00%)
40
13.05
Buyback yield%
29.84
27.80
25.05
24.37
24.15
26.49
26.42
25.11
25.10
25.11
11.91
25.11
25.11
29
1.468
D/E ratiox
1.529
1.662
1.554
1.601
1.545
1.497
1.570
1.754
1.653
1.612
0.419
1.612
1.586
90
146.0
Enterprise value¥M
600.3
590.5
589.8
591.7
637.3
661.3
721.6
692.7
806.7
781.4
607.3
4.16%
4.45%
42
547.9
LT debt¥M
525.2
469.3
427.0
398.9
429.6
393.0
346.5
374.6
367.0
332.3
108.0
(5.00%)
(4.62%)
27
Revenue
¥689.6M
8.75%
1.00×
Cost of revenue
¥339.5M
8.88%
1.01×
Operating expenses
¥148.5M
8.35%
0.96×
Cash and investments
14.71%
Goodwill & intangibles
13.86%
Spread over hurdle
54.27%