1.241
Revenue¥B
1.213
1.292
1.422
1.509
1.596
1.696
1.865
1.990
2.122
2.296
1.387
7.54%
7.50%
19
3.17
Revenue growth%
22.24
19.60
22.58
20.85
21.24
19.98
18.54
18.54
21.27
21.07
8.78
19.98
20.96
72
18.81
Gross margin%
5.14
6.43
4.22
4.71
1.93
0.40
0.40
0.40
0.40
0.40
17.53
0.40
1.17
49
15.09
Operating margin%
7.60
10.07
11.29
14.06
13.44
15.79
18.17
15.51
18.12
20.90
12.46
18.12
14.78
70
16.37
Net margin%
29.65
29.25
29.61
31.11
32.61
29.96
31.42
30.87
28.65
27.77
16.12
29.96
29.81
27
22.54
P/E ratio (avg)x
41.93
40.91
38.10
35.82
35.70
40.01
39.36
42.00
38.56
40.33
21.70
40.01
39.69
67
19.28
EV/EBITx
8.208
9.919
11.50
13.72
13.64
13.30
14.01
14.62
17.62
21.19
28.07
14.62
13.68
57
2.20
FCF yield (avg)%
8.07
8.38
8.58
7.52
5.05
2.34
4.19
4.96
3.80
1.62
18.56
3.80
5.00
60
7.28
FCF margin%
14.24
12.31
10.90
9.05
9.11
6.36
3.68
1.06
0.95
1.25
14.50
1.25
7.70
45
1.119
FCF / Net incomex
1.567
1.588
1.813
1.980
2.218
2.357
2.434
2.501
2.680
2.632
0.870
2.501
2.288
72
11.21
ROIC%
32.36
33.64
35.19
34.78
36.27
33.81
34.84
36.56
36.45
36.18
21.69
36.18
35.02
47
19.83
Return on equity%
19.41
21.65
21.77
19.56
16.84
18.28
16.77
17.18
16.29
14.56
27.82
16.77
17.73
19
11.75
Return on assets%
22.29
24.74
24.64
26.49
27.81
25.94
25.67
28.05
29.65
27.70
4.07
27.70
26.22
67
25.28
EPS¥
31.85
27.75
24.54
25.11
23.00
21.41
21.93
21.46
23.51
21.62
26.25
(1.23%)
(3.24%)
—
19.75
EPS growth%
14.78
14.76
16.00
15.39
13.44
16.03
13.47
12.01
13.49
11.12
29.87
13.47
14.13
15
50.79
Bookvalue per sh¥
37.36
40.58
39.62
40.00
41.64
47.75
52.09
57.96
55.64
57.19
42.00
6.55%
3.97%
—
43.76
FCF per share¥
15.99
15.61
16.54
16.26
15.73
15.98
17.01
15.50
16.67
18.13
39.98
2.88%
0.43%
—
13.79
Dividend per sh¥
9.66
8.83
9.59
10.32
11.04
11.33
11.56
10.24
11.00
11.26
12.62
0.41%
0.28%
—
20.99
Div yield (avg)%
10.96
13.06
11.21
10.61
11.07
13.30
15.78
14.58
13.44
13.01
21.08
13.44
13.04
5
29.11
Payout ratio%
13.27
11.01
9.48
9.53
10.06
11.11
10.19
11.66
11.67
13.79
5.50
11.66
11.06
39
21.79
Shares (diluted)M
34.18
37.14
36.09
40.29
42.03
40.30
45.04
47.06
44.78
50.91
22.48
3.91%
5.65%
78
19.96
Buyback yield%
27.61
30.42
30.16
29.23
28.17
30.78
28.25
27.16
29.86
28.45
26.10
28.45
28.84
68
0.665
D/E ratiox
2.266
2.648
3.090
3.403
3.343
3.450
3.952
4.398
4.595
5.375
0.462
4.398
3.426
86
2.054
Enterprise value¥B
3.484
3.705
4.091
4.009
4.120
4.915
5.657
5.769
6.104
6.931
0.970
10.96%
7.31%
30
1.479
LT debt¥B
0.334
0.353
0.374
0.378
0.425
0.454
0.517
0.557
0.659
0.783
2.534
13.00%
9.57%
11
Revenue
¥2.296B
7.50%
1.00×
Cost of revenue
¥1.516B
7.58%
1.01×
Operating expenses
¥462.3M
7.20%
0.97×
Goodwill & intangibles
17.50%
Cash and investments
16.14%
Spread over hurdle
(5.97%)