2.420
Revenue¥B
2.147
2.370
2.559
2.755
2.979
3.261
3.511
3.884
4.324
4.819
2.642
10.10%
9.36%
29
15.12
Revenue growth%
24.81
27.06
29.68
28.14
26.99
26.55
28.75
29.49
31.02
32.97
13.69
29.49
28.44
75
20.88
Gross margin%
10.48
12.61
10.66
10.21
7.90
6.27
7.90
5.48
7.88
10.29
17.74
7.88
9.06
92
24.12
Operating margin%
22.35
21.10
18.91
19.83
17.58
20.54
23.14
21.83
19.13
18.24
13.65
20.54
20.19
36
6.69
Net margin%
27.73
27.82
27.06
26.09
27.77
30.46
29.99
27.02
25.25
25.26
12.27
27.02
27.39
53
8.219
P/E ratio (avg)x
34.25
37.75
35.69
37.69
39.78
37.13
42.00
44.11
45.99
52.27
18.11
44.11
38.77
21
36.90
EV/EBITx
7.095
7.478
7.826
7.925
7.515
8.442
8.926
8.179
8.342
8.918
30.50
8.442
8.052
39
28.88
FCF yield (avg)%
14.76
15.92
17.86
15.55
17.80
16.37
16.55
18.40
18.12
19.09
16.29
18.12
17.17
67
21.03
FCF margin%
12.18
14.13
13.26
10.36
10.89
13.23
15.05
15.15
18.03
16.21
10.05
15.15
13.70
55
1.228
FCF / Net incomex
0.972
0.996
0.982
0.875
0.735
0.701
0.731
0.739
0.786
0.683
0.683
0.731
0.762
28
23.97
ROIC%
6.88
7.16
8.47
6.57
4.00
5.38
7.33
6.01
8.28
5.52
5.25
6.01
6.73
83
25.73
Return on equity%
22.45
24.16
25.83
23.48
25.73
26.37
24.39
26.92
26.42
24.17
10.64
26.37
25.06
41
26.24
Return on assets%
8.30
10.57
11.52
10.68
9.39
6.80
5.53
3.77
5.10
5.73
6.64
5.53
7.55
12
54.79
EPS¥
34.84
36.32
35.36
35.91
39.45
39.54
41.03
44.67
44.12
43.78
56.47
2.10%
2.98%
—
22.30
EPS growth%
15.01
17.45
16.43
15.30
15.19
16.80
19.03
19.48
21.46
21.88
23.52
19.48
17.13
31
12.90
Bookvalue per sh¥
53.78
56.94
57.80
61.14
71.07
84.13
87.17
102.93
109.81
121.00
32.47
11.23%
9.58%
—
39.03
FCF per share¥
42.84
41.47
45.64
46.44
52.31
57.01
65.26
63.16
71.77
66.95
47.89
5.06%
5.36%
—
19.74
Dividend per sh¥
40.27
38.10
37.50
33.27
36.74
33.47
36.56
38.32
37.17
38.26
56.12
0.81%
(0.63%)
—
7.29
Div yield (avg)%
21.02
18.96
19.78
17.81
20.01
22.45
20.89
18.88
19.68
17.12
17.64
19.68
19.73
47
21.44
Payout ratio%
31.24
29.45
31.85
32.58
30.48
32.82
35.15
37.21
35.66
37.54
5.16
35.66
32.70
15
25.35
Shares (diluted)M
30.59
34.91
34.91
37.74
35.18
33.42
36.21
34.47
38.60
36.27
25.53
0.61%
1.87%
83
16.87
Buyback yield%
10.13
8.60
7.99
5.95
5.14
3.64
3.32
3.27
4.92
6.90
7.51
3.64
5.55
13
1.514
D/E ratiox
0.262
0.253
0.255
0.273
0.313
0.341
0.316
0.361
0.335
0.377
0.424
0.341
0.315
93
4.962
Enterprise value¥B
2.425
2.783
3.258
3.331
3.850
4.066
4.163
4.288
4.998
5.281
6.354
6.52%
9.99%
42
5.055
LT debt¥B
3.938
3.646
3.449
3.066
2.695
2.551
2.343
2.486
2.692
2.484
3.022
(1.61%)
(5.90%)
58
Revenue
¥4.819B
9.36%
1.00×
Cost of revenue
¥2.942B
9.60%
1.02×
Operating expenses
¥798.8M
8.24%
0.90×
Property and equipment
16.81%
Spread over hurdle
19.78%