190.4
Revenue¥M
473.3
507.1
541.0
584.7
624.7
658.8
697.1
753.6
810.3
882.0
203.3
7.14%
7.16%
14
19.15
Revenue growth%
12.52
14.20
13.65
15.81
14.55
12.11
10.10
10.52
8.77
8.42
27.76
10.10
12.32
41
22.35
Gross margin%
33.27
36.06
38.11
38.71
36.19
36.13
33.86
32.20
31.19
28.76
12.74
32.20
34.96
88
13.94
Operating margin%
15.74
15.93
13.67
11.17
11.47
10.43
11.70
12.71
10.27
9.88
6.92
10.43
11.58
90
23.50
Net margin%
0.40
0.40
0.40
2.75
1.29
0.40
0.40
0.55
3.39
4.92
17.30
0.55
0.48
5
8.829
P/E ratio (avg)x
21.79
23.31
23.72
25.10
26.04
26.14
27.48
28.43
29.40
26.27
23.34
27.48
26.09
43
11.47
EV/EBITx
32.82
35.10
36.04
37.56
37.88
40.77
41.52
41.09
44.97
42.74
23.59
41.52
39.32
24
4.34
FCF yield (avg)%
6.80
6.20
8.80
8.42
9.55
11.84
10.68
8.73
6.44
7.08
20.16
8.73
8.57
31
25.46
FCF margin%
5.83
7.15
5.51
3.37
3.27
1.37
0.40
0.40
0.97
3.68
28.32
0.97
3.32
69
1.157
FCF / Net incomex
2.132
2.146
2.288
2.302
2.446
2.735
2.651
2.737
2.823
3.255
1.424
2.737
2.549
92
22.57
ROIC%
21.37
19.15
17.18
14.71
16.78
14.10
11.40
13.56
14.38
15.82
27.20
14.10
15.26
69
11.31
Return on equity%
8.09
10.02
7.22
4.65
5.19
4.01
2.13
1.28
3.33
3.31
11.64
3.31
4.33
55
13.53
Return on assets%
28.75
30.76
32.35
33.49
35.75
35.82
37.35
37.87
35.31
37.24
11.40
37.24
35.53
5
57.20
EPS¥
79.70
80.66
79.93
89.99
94.75
98.50
100.84
114.57
131.45
145.76
61.57
9.00%
7.12%
—
22.99
EPS growth%
11.54
12.60
14.21
13.25
14.02
16.76
17.48
18.34
20.75
18.16
2.32
18.16
15.48
56
27.69
Bookvalue per sh¥
65.77
57.84
54.52
59.72
63.16
63.29
61.92
56.27
60.44
64.67
60.07
0.47%
(0.90%)
—
62.61
FCF per share¥
81.61
88.88
95.70
86.50
81.37
83.10
80.74
87.14
85.10
78.93
80.14
(0.61%)
(1.27%)
—
77.28
Dividend per sh¥
204.85
206.02
223.79
235.39
271.57
324.21
329.73
385.09
386.33
391.14
80.27
7.57%
7.57%
—
27.13
Div yield (avg)%
23.06
23.73
25.91
24.96
23.23
20.44
22.20
23.26
20.62
18.85
18.38
20.62
23.15
41
2.03
Payout ratio%
19.01
21.04
20.55
18.11
16.40
16.30
16.73
14.96
12.92
14.69
14.62
14.96
16.56
82
6.151
Shares (diluted)M
5.972
5.696
6.236
6.860
6.430
6.441
6.273
5.818
5.987
5.662
5.907
(2.51%)
(0.04%)
23
27.57
Buyback yield%
21.70
19.01
21.61
20.66
18.99
19.04
20.07
17.61
18.94
21.05
25.77
19.04
19.56
18
1.059
D/E ratiox
1.060
1.077
0.995
0.872
0.879
0.804
0.769
0.668
0.665
0.573
0.756
0.668
0.838
25
0.954
Enterprise value¥B
0.625
0.640
0.589
0.634
0.561
0.513
0.446
0.459
0.468
0.439
1.094
(4.81%)
(2.52%)
6
1.093
LT debt¥B
0.976
1.027
1.112
1.136
1.266
1.444
1.647
1.890
1.996
2.031
0.834
9.91%
9.21%
93
Revenue
¥882.0M
7.16%
1.00×
Cost of revenue
¥601.6M
7.56%
1.04×
Operating expenses
¥200.6M
6.52%
0.94×
Property and equipment
17.60%
Spread over hurdle
(2.08%)