106.1
Revenue¥M
208.2
222.5
239.0
257.9
280.7
307.1
332.5
350.1
379.3
402.1
113.3
7.45%
7.69%
71
27.61
Revenue growth%
5.03
2.45
4.43
2.91
3.36
2.03
3.18
1.08
0.40
0.40
7.62
1.08
2.68
59
2.44
Gross margin%
29.95
32.13
33.23
33.40
30.83
27.86
25.43
24.35
25.74
23.83
17.87
25.43
28.91
7
21.36
Operating margin%
24.47
22.26
21.56
24.41
22.66
21.21
18.25
19.71
20.15
23.08
28.65
20.15
21.91
63
26.58
Net margin%
2.42
3.81
3.22
1.93
2.93
4.49
3.26
5.18
8.16
9.80
15.29
5.18
3.54
49
33.04
P/E ratio (avg)x
26.77
31.54
34.84
39.25
43.39
47.88
48.05
50.41
54.42
53.60
6.458
50.41
45.63
90
9.631
EV/EBITx
23.66
27.99
30.26
32.06
33.38
39.86
39.05
40.61
44.91
44.07
35.18
40.61
36.22
56
18.95
FCF yield (avg)%
25.07
28.05
30.45
28.10
26.06
25.45
25.20
26.06
27.17
29.32
19.49
26.06
26.62
12
14.16
FCF margin%
34.89
37.77
36.98
36.94
34.80
33.69
35.99
37.33
35.63
35.38
18.63
35.63
35.81
30
0.699
FCF / Net incomex
1.052
1.104
1.028
1.078
1.014
0.873
0.754
0.787
0.802
0.765
0.751
0.787
0.944
30
29.52
ROIC%
19.96
20.73
22.22
20.26
18.82
18.55
17.63
20.14
23.08
22.39
24.87
20.14
20.20
19
3.26
Return on equity%
11.98
9.40
7.13
6.78
5.17
4.47
6.03
8.48
10.64
10.42
29.97
8.48
7.80
36
25.75
Return on assets%
8.63
5.81
5.56
5.07
8.06
6.37
8.77
11.17
11.19
12.79
23.44
11.17
8.35
9
21.47
EPS¥
18.17
18.27
19.37
21.04
22.26
24.69
23.55
25.05
24.13
25.84
22.71
3.02%
3.62%
—
18.75
EPS growth%
18.60
20.15
17.70
19.15
17.64
15.34
15.43
14.55
13.83
10.95
9.74
14.55
16.53
53
6.58
Bookvalue per sh¥
25.67
28.00
31.48
31.64
35.96
36.29
42.27
49.44
58.11
69.28
18.73
14.01%
10.27%
—
18.86
FCF per share¥
16.56
15.31
12.98
11.20
9.48
9.91
8.96
9.43
9.61
8.80
18.87
(1.49%)
(6.99%)
—
4.88
Dividend per sh¥
16.30
15.94
16.43
15.58
15.69
15.68
16.45
16.07
16.44
16.23
10.99
0.68%
0.19%
—
25.72
Div yield (avg)%
10.44
11.67
12.21
10.06
8.20
8.52
8.51
9.41
11.30
9.59
9.57
9.41
9.83
57
18.68
Payout ratio%
27.03
28.08
29.65
30.52
29.08
31.51
30.91
32.17
30.26
30.27
22.13
30.91
30.26
50
12.63
Shares (diluted)M
10.23
10.32
11.43
12.28
12.19
13.46
14.09
13.92
13.15
12.44
12.75
0.41%
2.81%
20
15.89
Buyback yield%
4.27
5.97
7.83
5.03
7.96
6.91
6.00
7.08
8.55
5.86
10.30
6.91
6.45
63
0.765
D/E ratiox
2.246
2.535
2.587
2.998
3.236
3.587
3.561
3.664
4.348
4.359
1.197
3.664
3.398
59
340.0
Enterprise value¥M
238.9
206.7
226.7
219.2
239.0
221.2
236.8
229.3
214.0
196.8
319.4
(3.82%)
(2.00%)
75
104.3
LT debt¥M
98.97
109.7
119.5
117.1
105.6
115.5
122.1
124.9
120.8
127.2
335.9
3.80%
3.44%
54
Revenue
¥402.1M
7.69%
1.00×
Cost of revenue
¥269.9M
7.52%
0.99×
Operating expenses
¥42.71M
8.45%
1.07×
Property and equipment
18.94%
Cash and investments
17.43%
Spread over hurdle
12.53%