534.0
Revenue¥M
398.9
413.9
426.7
445.0
455.8
479.4
493.6
522.9
553.2
568.6
554.7
4.52%
3.86%
71
10.58
Revenue growth%
17.94
19.80
20.35
19.29
16.70
19.48
21.15
21.08
23.71
25.93
22.36
21.15
20.07
68
26.39
Gross margin%
6.55
6.70
6.02
7.46
9.27
6.76
4.78
5.69
2.84
1.74
23.73
4.78
6.28
63
7.25
Operating margin%
34.75
33.59
34.77
35.62
36.30
37.86
39.03
40.02
41.82
39.07
22.56
39.07
37.08
7
6.83
Net margin%
19.28
19.44
18.83
18.60
17.81
15.18
14.09
14.04
11.14
10.05
24.03
14.04
16.49
35
37.15
P/E ratio (avg)x
10.33
10.79
11.95
13.62
12.51
12.65
13.83
15.02
15.50
14.48
29.78
14.48
13.14
9
28.28
EV/EBITx
8.000
7.587
7.354
7.775
8.376
7.280
7.055
6.871
6.588
6.070
24.32
6.871
7.317
82
16.10
FCF yield (avg)%
26.32
28.20
29.23
27.39
26.30
23.80
25.35
26.78
25.03
26.03
14.05
25.35
26.31
75
24.09
FCF margin%
30.12
32.08
31.24
29.35
27.31
27.59
24.82
23.75
21.17
20.37
26.69
23.75
27.45
67
0.356
FCF / Net incomex
2.338
2.464
2.862
2.805
3.235
3.646
3.759
4.193
4.102
4.632
1.226
4.102
3.440
6
15.84
ROIC%
16.29
16.82
15.31
16.50
14.20
12.46
13.09
14.97
12.53
11.02
13.16
12.53
14.58
64
4.61
Return on equity%
29.21
31.15
33.89
36.04
37.99
35.93
37.01
34.25
33.23
31.78
23.37
34.25
34.07
61
27.53
Return on assets%
2.23
3.74
0.76
0.40
0.40
0.40
2.37
2.30
2.41
0.40
17.84
2.30
1.49
29
85.20
EPS¥
442.22
433.30
411.18
416.31
390.44
390.84
442.07
512.96
559.72
563.33
95.38
7.61%
2.35%
—
9.68
EPS growth%
31.49
30.33
33.23
31.50
29.77
31.65
33.44
34.99
35.40
33.55
10.03
33.55
32.44
81
77.98
Bookvalue per sh¥
97.18
101.23
109.38
113.72
122.29
131.87
143.63
151.55
164.08
162.48
76.12
5.85%
4.83%
—
414.36
FCF per share¥
93.86
98.37
104.33
106.75
114.73
100.70
100.02
105.06
94.52
85.07
354.04
(5.81%)
(1.31%)
—
217.44
Dividend per sh¥
306.54
279.76
298.38
318.56
332.60
342.51
353.70
346.36
375.97
349.52
132.25
1.00%
2.25%
—
7.15
Div yield (avg)%
8.97
11.97
14.67
15.88
17.48
19.95
21.50
22.05
20.90
18.55
22.22
20.90
18.01
74
2.67
Payout ratio%
17.66
14.70
15.94
18.86
18.85
17.93
17.73
17.76
17.77
18.67
18.72
17.77
17.77
86
1.157
Shares (diluted)M
1.101
1.120
1.032
0.976
1.089
1.196
1.190
1.235
1.167
1.186
1.182
1.72%
1.34%
91
5.68
Buyback yield%
26.45
27.08
29.07
31.74
31.61
29.21
32.13
29.70
28.50
29.92
2.57
29.70
29.45
91
1.467
D/E ratiox
0.409
0.425
0.481
0.467
0.506
0.559
0.550
0.557
0.623
0.672
0.315
0.559
0.528
58
119.3
Enterprise value¥M
461.8
456.5
500.5
514.4
532.9
614.9
624.5
741.4
773.9
777.9
250.9
7.86%
6.00%
84
0.151
LT debt¥B
0.540
0.590
0.666
0.799
0.900
0.982
1.179
1.360
1.330
1.415
0.242
9.48%
10.11%
54
Revenue
¥568.6M
3.86%
1.00×
Cost of revenue
¥398.0M
3.86%
1.00×
Operating expenses
¥116.5M
3.59%
0.97×
Cash and investments
18.67%
Property and equipment
15.51%
Spread over hurdle
(3.40%)