173.3
Revenue¥M
105.1
116.0
126.9
137.4
148.7
163.0
178.5
195.5
213.9
227.0
188.9
8.84%
8.99%
40
7.22
Revenue growth%
3.37
5.34
4.57
6.70
4.29
4.54
2.16
3.29
2.82
4.97
23.73
3.29
4.42
28
13.88
Gross margin%
11.16
9.52
9.00
9.46
6.61
4.75
6.27
4.41
2.47
2.62
24.27
4.41
6.44
56
5.07
Operating margin%
17.39
20.28
17.82
16.59
16.16
15.64
15.34
16.45
16.00
18.91
8.80
16.00
16.52
85
2.23
Net margin%
3.25
4.24
6.43
4.83
3.82
1.36
0.40
0.40
0.40
2.22
29.52
0.40
2.74
90
36.39
P/E ratio (avg)x
22.25
24.78
25.76
28.55
28.99
27.75
27.91
28.19
29.98
30.56
20.45
28.19
28.05
81
28.62
EV/EBITx
19.87
22.82
24.85
28.96
32.08
33.27
35.35
36.07
38.06
38.77
21.26
36.07
32.67
61
29.96
FCF yield (avg)%
25.57
27.65
25.88
27.89
30.82
31.55
30.80
28.43
26.67
29.04
11.17
29.04
28.16
10
4.90
FCF margin%
0.40
0.40
0.40
1.12
3.04
3.33
2.62
0.40
2.08
3.50
3.16
2.62
1.60
37
0.622
FCF / Net incomex
0.365
0.394
0.380
0.410
0.367
0.382
0.408
0.354
0.366
0.317
0.584
0.366
0.374
77
12.85
ROIC%
35.92
33.96
31.57
32.21
33.63
31.08
32.09
34.78
36.84
34.07
11.49
34.07
33.79
90
4.86
Return on equity%
12.76
15.39
14.68
17.01
15.01
15.52
17.77
15.32
13.03
11.41
19.12
15.32
15.17
20
21.08
Return on assets%
30.39
28.79
27.31
27.73
26.24
27.01
25.87
27.07
25.09
27.02
25.28
27.01
27.05
91
8.98
EPS¥
6.61
6.45
6.44
6.80
6.96
6.17
6.81
6.08
6.02
5.56
9.83
(4.39%)
(2.38%)
—
2.68
EPS growth%
23.79
21.22
22.67
20.69
20.81
22.74
23.51
22.62
22.39
24.27
9.68
22.74
22.64
73
44.19
Bookvalue per sh¥
9.26
10.35
11.47
12.77
13.28
14.00
14.89
13.99
14.85
15.14
43.49
2.66%
4.93%
—
38.11
FCF per share¥
10.23
11.66
12.52
14.03
13.74
15.00
17.02
17.08
18.43
19.24
36.43
6.96%
7.93%
—
45.21
Dividend per sh¥
23.09
24.91
24.72
27.04
27.42
25.12
24.72
25.38
23.76
24.66
15.25
(2.10%)
(0.48%)
—
4.30
Div yield (avg)%
14.94
17.43
16.65
18.39
18.99
19.26
21.55
23.50
26.37
28.32
19.33
23.50
19.13
68
21.37
Payout ratio%
11.19
14.05
16.59
13.90
13.84
11.16
13.25
13.32
13.15
13.69
2.38
13.25
13.51
34
3.350
Shares (diluted)M
3.617
3.621
3.366
3.198
3.090
2.821
2.943
3.168
3.116
2.741
3.380
(2.36%)
(2.03%)
23
23.53
Buyback yield%
16.04
16.87
15.20
13.73
10.89
11.66
11.45
12.92
15.25
13.28
20.04
12.92
13.50
62
0.278
D/E ratiox
0.794
0.806
0.827
0.957
1.090
1.174
1.414
1.485
1.532
1.575
0.674
1.485
1.132
63
95.58
Enterprise value¥M
223.8
217.9
224.8
208.8
239.6
269.2
302.1
317.9
338.9
364.9
162.3
8.78%
4.24%
74
46.85
LT debt¥M
135.9
137.5
141.1
156.2
180.4
180.3
185.7
194.3
192.1
185.1
18.01
0.51%
2.84%
23
Revenue
¥227.0M
8.99%
1.00×
Cost of revenue
¥122.7M
8.91%
0.99×
Operating expenses
¥43.78M
10.04%
1.10×
Cash and investments
19.35%
Property and equipment
12.50%
Spread over hurdle
(0.04%)