1.342
Revenue¥B
0.904
0.990
1.065
1.120
1.201
1.293
1.401
1.471
1.551
1.700
1.376
7.20%
7.52%
62
2.51
Revenue growth%
6.78
4.82
7.20
8.78
9.57
11.66
13.35
15.85
17.24
18.66
27.09
15.85
10.62
57
4.61
Gross margin%
17.71
20.43
21.86
24.42
22.20
22.28
22.85
25.49
28.36
25.51
9.70
25.49
22.56
24
11.67
Operating margin%
9.30
11.53
11.14
12.06
14.61
17.43
16.30
18.97
19.82
17.38
23.64
17.43
15.45
35
17.43
Net margin%
8.05
9.49
9.69
8.04
6.04
8.62
5.98
4.23
1.25
0.40
3.73
4.23
7.04
87
31.82
P/E ratio (avg)x
29.50
30.65
27.34
23.36
20.74
18.00
18.10
18.07
17.70
16.10
13.01
18.00
19.42
72
22.56
EV/EBITx
24.79
23.49
20.82
18.49
18.41
20.05
22.16
20.66
21.19
18.66
24.30
20.66
20.74
27
28.52
FCF yield (avg)%
20.14
21.32
22.57
24.40
23.65
22.52
24.68
23.76
21.31
22.40
19.93
22.52
22.54
81
2.26
FCF margin%
17.04
19.31
19.72
17.71
15.42
18.30
19.23
21.67
22.91
23.19
2.80
21.67
19.27
21
1.156
FCF / Net incomex
1.769
2.123
2.257
2.456
2.725
2.887
2.942
2.935
2.939
3.252
1.792
2.939
2.806
17
13.80
ROIC%
11.39
10.40
10.80
10.82
13.00
11.01
11.65
12.98
13.92
15.52
3.40
12.98
11.52
35
11.61
Return on equity%
12.36
12.19
10.54
12.03
14.67
13.03
12.91
11.35
14.16
13.46
14.58
13.03
12.64
35
21.67
Return on assets%
19.48
17.59
20.59
17.78
15.60
17.46
14.65
16.49
18.93
20.94
21.63
17.46
17.68
43
25.67
EPS¥
6.76
7.06
7.29
7.96
7.17
6.70
6.59
5.81
5.09
5.27
27.17
(5.98%)
(3.20%)
—
13.95
EPS growth%
29.00
30.83
32.37
34.63
34.31
36.25
34.42
36.53
36.55
35.12
4.00
36.25
34.53
85
30.52
Bookvalue per sh¥
33.32
32.95
36.57
36.39
38.50
36.06
32.70
34.14
37.71
39.62
22.18
0.57%
0.49%
—
23.20
FCF per share¥
40.83
38.66
39.41
39.73
39.82
42.47
38.25
36.21
36.18
39.99
44.56
0.08%
(1.06%)
—
12.03
Dividend per sh¥
9.11
10.25
11.52
12.59
11.58
11.40
12.26
11.77
12.86
13.03
19.55
2.38%
2.76%
—
9.66
Div yield (avg)%
25.64
24.49
23.80
24.35
21.58
22.48
22.78
21.23
20.45
21.11
3.45
21.23
22.63
62
25.01
Payout ratio%
9.99
8.55
9.41
11.23
12.15
14.89
16.01
17.25
15.78
17.33
28.33
16.01
13.52
92
17.35
Shares (diluted)M
25.15
28.62
30.31
30.25
36.22
35.30
40.79
47.89
54.88
63.92
16.70
12.03%
11.02%
84
11.93
Buyback yield%
8.18
8.89
10.88
10.51
12.42
14.38
13.79
11.59
10.69
10.04
15.12
11.59
10.79
55
0.917
D/E ratiox
2.729
3.035
3.548
4.066
4.018
4.383
4.229
4.914
5.144
6.072
0.432
4.914
4.148
20
628.2
Enterprise value¥M
584.7
654.3
711.2
737.0
831.1
910.7
986.3
942.9
991.9
905.2
464.5
1.72%
5.78%
24
1.669
LT debt¥B
1.560
1.412
1.277
1.254
1.316
1.208
1.189
1.294
1.374
1.411
0.836
1.41%
(0.68%)
27
Revenue
¥1.700B
7.52%
1.00×
Cost of revenue
¥1.190B
7.52%
1.00×
Operating expenses
¥257.2M
7.56%
1.00×
Cash and investments
14.22%
Spread over hurdle
(0.97%)