0.405
Revenue¥B
1.040
1.133
1.209
1.273
1.372
1.490
1.612
1.708
1.843
1.994
0.437
7.77%
7.43%
22
15.08
Revenue growth%
18.65
16.66
15.88
18.32
16.40
18.86
17.52
18.40
15.60
12.86
28.04
17.52
17.09
79
12.62
Gross margin%
9.50
7.47
5.21
7.09
7.31
9.03
8.85
10.59
10.14
10.76
29.72
10.14
8.94
19
16.45
Operating margin%
10.46
11.36
12.74
11.88
9.32
12.31
14.67
12.25
11.52
14.04
15.05
12.31
12.06
35
24.92
Net margin%
13.68
16.15
19.08
20.55
19.36
16.73
18.74
19.90
22.79
25.29
19.57
19.90
19.22
92
20.03
P/E ratio (avg)x
25.78
25.11
25.72
23.71
23.03
25.15
26.66
24.35
24.23
25.93
11.00
25.15
25.13
66
30.87
EV/EBITx
29.10
27.29
25.13
26.49
29.43
32.02
33.91
34.81
39.09
35.86
26.41
34.81
30.72
92
26.65
FCF yield (avg)%
1.76
1.13
0.40
0.40
0.40
0.40
0.63
2.80
0.80
3.47
10.54
0.80
0.72
26
16.06
FCF margin%
13.83
12.10
12.07
12.23
11.43
13.98
15.75
17.32
18.23
20.51
12.81
17.32
13.91
31
1.685
FCF / Net incomex
1.481
1.671
1.574
1.514
1.570
1.598
1.488
1.634
1.600
1.530
0.919
1.598
1.572
87
18.25
ROIC%
24.92
23.58
25.87
27.14
25.59
27.71
30.10
32.98
31.80
28.92
12.98
30.10
27.42
46
11.07
Return on equity%
22.56
25.12
28.04
30.61
32.77
31.33
31.59
34.24
35.28
38.03
18.61
34.24
31.46
87
17.02
Return on assets%
16.81
18.50
18.85
17.52
18.48
17.61
18.73
20.65
21.33
18.93
12.18
18.93
18.61
8
73.93
EPS¥
44.00
48.70
52.43
53.02
49.93
47.56
47.27
53.73
53.06
51.43
81.38
0.59%
2.32%
—
3.46
EPS growth%
24.15
27.04
24.56
24.58
26.21
29.09
27.74
25.32
25.71
27.31
19.48
27.31
25.96
12
74.78
Bookvalue per sh¥
112.46
110.76
125.12
138.72
139.35
153.00
142.97
160.66
154.97
148.51
46.24
1.28%
3.51%
—
28.34
FCF per share¥
153.44
163.27
195.91
232.35
238.35
255.20
304.03
315.87
369.84
371.28
105.43
9.27%
10.15%
—
51.00
Dividend per sh¥
80.89
73.24
71.58
74.30
70.92
77.21
74.70
68.82
59.85
53.48
43.12
(5.49%)
(3.32%)
—
12.02
Div yield (avg)%
8.22
9.67
9.86
9.07
6.72
4.08
3.89
6.53
6.95
9.45
11.87
6.53
7.59
67
11.89
Payout ratio%
15.35
17.32
16.13
14.50
14.65
13.37
15.94
17.40
18.73
19.72
17.82
17.40
16.03
76
12.91
Shares (diluted)M
21.10
21.39
21.75
23.82
22.19
24.90
28.03
28.03
29.04
27.59
13.46
4.45%
3.33%
43
8.35
Buyback yield%
18.04
19.85
20.78
19.88
19.23
17.23
17.20
19.02
20.19
20.25
20.17
19.02
19.54
8
0.471
D/E ratiox
1.007
0.923
0.934
0.891
0.790
0.717
0.746
0.676
0.599
0.533
0.868
0.676
0.768
33
250.8
Enterprise value¥M
817.5
762.4
782.4
782.8
850.1
812.8
727.7
648.2
562.4
575.1
441.9
(7.52%)
(2.66%)
56
0.289
LT debt¥B
0.295
0.330
0.352
0.366
0.368
0.398
0.400
0.453
0.522
0.508
1.478
6.67%
7.03%
82
Revenue
¥1.994B
7.43%
1.00×
Cost of revenue
¥1.021B
7.16%
0.98×
Operating expenses
¥442.2M
8.09%
1.06×
Cash and investments
18.99%
Spread over hurdle
19.74%