1.909
Revenue¥B
1.926
2.090
2.189
2.285
2.463
2.564
2.701
2.909
3.040
3.217
2.115
5.49%
5.75%
19
10.24
Revenue growth%
14.24
15.85
16.10
17.93
18.73
21.39
19.19
17.26
14.90
12.43
6.34
17.26
16.68
66
27.70
Gross margin%
24.18
26.96
29.29
26.88
28.82
30.50
27.89
25.09
24.04
22.72
6.89
25.09
26.92
93
20.33
Operating margin%
10.38
10.57
8.91
7.40
7.71
7.33
9.59
10.37
11.58
12.24
13.22
10.37
9.98
47
28.78
Net margin%
18.66
17.55
16.00
14.33
14.20
11.66
9.95
8.12
8.94
9.45
29.03
9.45
12.93
26
15.60
P/E ratio (avg)x
15.39
16.03
16.41
15.32
14.16
14.67
13.11
13.43
12.96
12.91
17.50
13.11
14.41
59
34.74
EV/EBITx
29.94
31.51
33.21
33.48
34.54
30.11
26.47
28.06
25.80
24.32
26.20
26.47
30.03
68
16.65
FCF yield (avg)%
24.64
26.70
24.32
21.33
22.50
22.47
22.69
19.71
17.91
15.22
6.13
19.71
22.49
54
25.03
FCF margin%
9.27
8.34
8.24
6.39
4.06
3.25
5.90
8.51
9.40
7.35
19.52
7.35
7.79
77
0.822
FCF / Net incomex
1.103
1.041
0.993
1.056
1.072
0.946
0.855
0.905
0.933
0.847
1.795
0.905
0.970
34
6.87
ROIC%
21.38
18.71
15.81
15.18
14.68
15.82
14.66
13.10
11.44
10.27
29.47
13.10
14.93
38
15.35
Return on equity%
16.85
15.92
13.47
10.88
10.07
7.31
8.94
10.50
12.13
10.79
7.48
10.50
10.83
76
22.16
Return on assets%
0.40
0.40
2.29
4.38
3.06
3.87
1.31
0.40
0.40
0.40
28.52
0.40
0.85
79
60.70
EPS¥
96.72
108.35
118.65
113.37
106.62
108.75
124.42
121.69
115.92
125.34
65.49
3.29%
2.48%
—
17.44
EPS growth%
0.40
3.19
2.69
5.40
5.35
4.20
1.66
2.46
0.40
0.40
23.08
1.66
2.57
11
58.21
Bookvalue per sh¥
42.77
39.95
46.10
47.70
48.67
52.55
59.03
55.54
54.37
62.89
72.53
5.26%
4.88%
—
24.30
FCF per share¥
70.57
67.75
66.35
67.90
62.70
70.04
78.35
82.35
90.73
88.80
13.47
7.21%
2.04%
—
51.27
Dividend per sh¥
72.14
74.29
80.11
82.37
86.83
92.22
92.40
90.32
86.69
99.39
36.14
2.74%
3.05%
—
26.32
Div yield (avg)%
5.30
6.66
8.91
7.65
8.34
9.71
9.97
8.98
10.24
7.85
17.00
9.71
8.63
50
18.37
Payout ratio%
14.46
12.51
12.57
14.60
16.73
18.78
21.37
23.61
25.32
25.93
15.79
23.61
17.75
21
8.227
Shares (diluted)M
7.691
8.681
9.480
10.37
9.669
8.729
8.363
8.691
9.328
9.760
8.138
0.19%
2.77%
69
2.58
Buyback yield%
7.86
7.69
7.17
7.26
7.88
8.66
7.48
7.74
5.39
6.48
25.11
7.48
7.58
76
1.466
D/E ratiox
0.821
0.802
0.785
0.777
0.856
0.936
1.019
1.067
1.110
1.112
1.667
1.067
0.896
88
871.8
Enterprise value¥M
322.8
349.3
317.3
348.3
387.2
429.0
405.7
455.2
482.6
500.5
950.7
5.26%
4.94%
21
1,563
LT debt¥M
459.3
448.7
423.0
418.8
452.8
404.4
441.4
446.6
412.9
354.6
292.2
(4.77%)
(3.08%)
28
Revenue
¥3.217B
5.75%
1.00×
Cost of revenue
¥1.867B
5.85%
1.01×
Operating expenses
¥719.7M
5.66%
0.99×
Goodwill & intangibles
16.36%
Spread over hurdle
13.51%