109.2
Revenue¥M
417.2
452.3
481.0
512.7
561.0
601.7
657.2
711.0
774.2
815.8
115.9
7.78%
7.97%
69
26.73
Revenue growth%
20.44
20.57
19.02
18.86
17.75
20.11
17.90
19.28
18.78
19.03
28.06
19.03
19.03
63
7.86
Gross margin%
28.94
29.40
30.71
33.63
34.10
36.63
37.53
36.66
33.88
32.69
23.94
36.63
33.76
34
19.46
Operating margin%
21.84
19.80
17.51
18.78
16.63
17.98
18.54
20.30
21.89
20.85
21.21
20.30
19.29
59
8.95
Net margin%
20.88
21.96
20.79
23.43
26.06
23.79
26.50
28.14
29.38
30.51
23.32
28.14
24.93
87
37.60
P/E ratio (avg)x
24.31
25.63
25.73
28.48
32.92
36.77
39.38
44.48
51.84
49.07
36.29
44.48
34.84
72
35.78
EV/EBITx
40.60
40.88
42.06
46.56
53.34
56.63
59.38
63.17
63.27
61.11
10.80
61.11
54.98
47
3.55
FCF yield (avg)%
5.01
3.17
2.88
1.90
3.41
2.04
1.19
3.90
3.40
6.23
20.93
3.40
3.28
84
7.09
FCF margin%
6.92
8.60
11.27
13.35
13.36
11.27
12.17
11.26
12.65
10.73
18.83
11.27
11.27
42
0.568
FCF / Net incomex
0.719
0.700
0.680
0.744
0.780
0.859
0.922
1.044
1.096
1.263
1.548
1.044
0.819
59
24.44
ROIC%
8.55
5.66
7.42
4.80
7.62
10.12
9.09
7.26
6.59
5.49
6.68
7.26
7.34
36
17.13
Return on equity%
22.45
22.81
22.03
24.25
23.33
22.42
21.67
23.57
20.60
18.17
9.93
21.67
22.43
46
10.87
Return on assets%
14.98
17.63
17.94
15.42
18.05
16.55
17.55
18.60
18.00
18.11
14.44
18.00
17.78
32
65.68
EPS¥
61.87
59.22
57.40
50.91
48.97
48.39
47.11
49.14
43.23
41.36
71.70
(3.32%)
(4.13%)
—
25.64
EPS growth%
18.47
18.73
21.05
18.38
20.08
19.38
19.42
17.70
16.13
15.49
3.85
17.70
18.60
92
248.53
Bookvalue per sh¥
67.90
73.67
74.01
87.11
96.11
103.53
101.14
111.55
124.97
148.71
165.43
9.12%
10.12%
—
249.88
FCF per share¥
133.94
142.39
141.59
153.93
152.13
131.62
138.54
145.22
124.88
121.18
123.14
(4.45%)
(0.24%)
—
34.61
Dividend per sh¥
259.77
278.61
298.40
334.19
318.55
372.78
435.09
467.02
518.79
558.03
56.49
11.87%
8.96%
—
2.67
Div yield (avg)%
23.06
20.82
22.95
22.06
22.50
25.42
26.03
24.46
24.94
24.13
22.59
24.94
23.59
74
5.99
Payout ratio%
6.95
7.46
6.91
9.77
11.92
10.60
10.35
11.17
13.00
11.43
6.61
11.17
10.47
21
3.077
Shares (diluted)M
2.832
3.112
2.952
3.145
3.207
3.217
2.910
3.181
2.903
2.847
3.139
(2.36%)
0.43%
57
17.46
Buyback yield%
3.37
4.08
3.78
2.22
2.01
4.55
5.09
6.48
6.94
8.02
16.39
6.48
4.32
92
0.803
D/E ratiox
0.518
0.478
0.502
0.446
0.428
0.415
0.390
0.394
0.368
0.392
1.406
0.392
0.421
89
57.16
Enterprise value¥M
277.3
273.7
277.0
248.9
248.5
272.6
244.7
259.1
249.6
230.1
252.9
(1.53%)
(2.17%)
38
0.049
LT debt¥B
1.429
1.596
1.671
1.942
2.151
2.389
2.570
2.492
2.879
3.085
0.153
7.48%
9.23%
92
Revenue
¥815.8M
7.97%
1.00×
Cost of revenue
¥351.4M
7.75%
0.98×
Operating expenses
¥192.5M
8.21%
1.02×
Cash and investments
14.99%
Spread over hurdle
17.10%