932.2
Revenue¥M
408.6
448.6
498.5
545.1
592.6
651.9
724.9
800.9
880.8
962.5
978.4
10.18%
10.03%
34
18.95
Revenue growth%
37.61
36.52
35.89
33.86
34.95
37.30
38.83
38.97
41.26
40.86
23.56
38.97
37.45
89
5.32
Gross margin%
22.77
23.30
22.54
25.09
26.16
26.60
29.18
30.38
31.76
34.22
11.71
30.38
26.38
48
7.81
Operating margin%
21.10
23.26
24.49
26.22
27.43
26.06
24.08
22.89
25.55
25.68
26.99
25.55
25.02
23
13.46
Net margin%
2.88
3.49
5.55
4.17
2.54
1.47
1.80
1.54
1.46
1.74
7.43
1.54
2.17
49
12.98
P/E ratio (avg)x
23.70
25.23
27.76
29.63
33.83
35.73
39.64
39.69
44.45
42.17
34.28
39.69
34.78
15
31.16
EV/EBITx
43.71
38.74
40.16
37.99
35.63
33.23
30.25
32.78
29.22
30.74
37.53
30.74
34.43
85
16.96
FCF yield (avg)%
14.66
16.63
15.02
13.48
16.48
18.82
20.18
18.76
16.37
15.20
23.56
18.76
16.42
30
11.65
FCF margin%
22.44
25.40
22.82
25.80
26.62
23.75
26.08
28.02
29.49
31.09
26.22
28.02
25.94
54
0.260
FCF / Net incomex
1.513
1.724
1.949
2.215
2.580
3.040
3.420
3.521
4.051
4.271
1.708
3.521
2.810
70
14.11
ROIC%
9.98
9.16
8.28
11.26
10.16
11.39
9.34
8.85
8.61
11.15
19.80
9.34
9.66
95
21.75
Return on equity%
15.45
18.36
16.77
19.04
18.36
18.10
15.40
17.38
18.58
20.02
28.80
18.10
18.23
8
6.43
Return on assets%
6.35
8.02
6.49
8.48
7.71
10.03
7.80
9.68
10.29
13.01
5.96
10.03
8.25
72
12.66
EPS¥
28.45
27.81
29.95
28.04
25.89
26.37
23.27
24.78
22.31
23.55
14.00
(1.87%)
(2.03%)
—
19.95
EPS growth%
25.67
26.53
27.05
28.41
27.46
26.14
26.67
27.34
28.44
30.00
25.17
27.34
27.20
30
52.74
Bookvalue per sh¥
29.01
30.57
33.39
31.84
32.71
30.90
30.04
26.31
28.90
26.16
11.36
(4.37%)
(1.02%)
—
10.17
FCF per share¥
34.57
31.18
28.29
26.06
23.65
25.84
26.38
25.86
25.08
28.06
50.49
3.48%
(1.03%)
—
19.57
Dividend per sh¥
43.39
39.65
36.30
36.18
37.49
39.86
35.57
32.42
30.18
29.73
21.91
(4.53%)
(3.03%)
—
17.98
Div yield (avg)%
26.70
29.45
31.56
34.54
34.72
34.56
32.37
32.23
29.58
29.94
22.26
32.23
31.90
29
5.80
Payout ratio%
1.57
4.33
1.40
0.59
1.31
3.58
4.71
3.65
2.10
1.47
17.89
3.58
1.83
28
22.27
Shares (diluted)M
25.13
24.24
26.88
24.02
23.09
23.04
23.72
26.05
27.77
26.67
22.56
2.92%
0.62%
49
4.90
Buyback yield%
1.05
0.40
2.13
0.40
0.40
0.40
0.40
0.40
0.40
1.18
21.42
0.40
0.40
54
0.152
D/E ratiox
0.428
0.428
0.434
0.451
0.424
0.382
0.411
0.444
0.486
0.535
0.183
0.444
0.431
37
0.773
Enterprise value¥B
0.609
0.646
0.740
0.816
0.764
0.837
0.850
0.996
0.957
1.073
0.149
7.03%
5.95%
37
340.5
LT debt¥M
450.8
519.9
517.7
536.0
529.5
626.3
689.3
713.5
783.4
743.6
254.8
7.03%
6.14%
49
Revenue
¥962.5M
10.03%
1.00×
Cost of revenue
¥591.2M
10.11%
1.01×
Operating expenses
¥105.9M
9.36%
0.94×
Property and equipment
16.60%
Spread over hurdle
14.38%