201.3
Revenue¥M
406.4
430.5
463.3
497.7
541.4
576.3
616.2
669.8
725.8
777.7
221.2
7.51%
7.36%
66
28.17
Revenue growth%
23.09
22.04
23.28
25.94
26.50
28.28
25.41
25.39
24.59
21.96
6.90
25.39
24.99
12
3.84
Gross margin%
33.20
31.94
34.30
31.81
30.58
28.07
30.70
32.89
33.44
31.07
28.90
31.07
31.88
20
22.64
Operating margin%
26.14
25.85
25.93
28.47
29.47
26.74
28.32
29.45
28.90
29.49
8.06
28.90
28.39
81
14.71
Net margin%
1.91
0.60
1.88
0.40
2.82
3.82
3.79
1.48
0.40
2.72
16.41
2.72
1.90
78
6.374
P/E ratio (avg)x
17.82
20.11
23.50
23.07
23.77
27.64
29.34
30.02
30.71
30.22
35.95
30.02
25.71
48
28.41
EV/EBITx
33.67
34.47
37.78
37.31
36.60
40.80
40.82
41.18
43.35
40.71
26.01
40.82
39.25
52
3.00
FCF yield (avg)%
6.51
6.43
4.17
5.86
4.59
3.65
1.20
1.79
1.25
2.54
23.97
1.79
3.91
31
22.45
FCF margin%
13.75
12.74
13.46
14.70
14.99
15.50
17.01
17.99
20.95
20.80
24.05
17.99
15.24
59
0.630
FCF / Net incomex
0.247
0.259
0.244
0.269
0.304
0.287
0.288
0.286
0.313
0.344
0.553
0.288
0.287
10
6.99
ROIC%
27.14
28.04
25.68
24.84
26.97
28.62
28.90
29.04
26.56
24.46
25.97
28.62
27.06
8
24.05
Return on equity%
23.05
25.63
24.11
21.69
21.68
19.96
21.09
20.01
19.52
17.89
15.70
19.96
21.39
29
9.79
Return on assets%
28.19
27.01
29.27
28.19
26.39
28.79
29.66
30.03
30.62
33.12
8.61
30.03
29.03
90
38.66
EPS¥
37.45
39.02
45.91
45.06
47.23
48.26
57.76
62.15
74.29
86.54
43.24
12.87%
8.40%
—
26.93
EPS growth%
14.09
12.01
12.33
11.07
9.21
11.08
13.82
11.59
9.77
11.40
23.46
11.40
11.49
56
23.70
Bookvalue per sh¥
30.45
34.40
39.99
41.56
44.61
51.97
53.07
52.63
50.86
51.60
15.57
2.95%
7.06%
—
26.55
FCF per share¥
37.52
39.86
40.72
48.35
57.56
60.02
67.76
67.67
69.47
72.69
32.75
4.78%
7.74%
—
16.83
Dividend per sh¥
20.74
19.69
19.67
20.64
22.23
23.46
21.48
22.80
23.08
20.73
25.98
(1.39%)
(0.82%)
—
16.50
Div yield (avg)%
22.26
20.77
21.46
23.34
24.89
22.46
19.55
17.49
17.99
16.74
3.72
17.99
21.12
9
3.05
Payout ratio%
6.10
3.99
3.54
6.37
8.55
11.47
10.38
11.22
10.89
10.19
24.30
10.89
9.37
66
14.54
Shares (diluted)M
13.57
14.42
15.54
14.69
13.65
13.94
14.61
12.57
11.28
11.26
14.73
(3.77%)
(1.27%)
67
4.86
Buyback yield%
12.17
13.87
15.76
18.68
19.91
20.79
23.67
21.51
22.90
22.66
24.32
22.66
20.35
22
0.276
D/E ratiox
0.114
0.105
0.118
0.116
0.128
0.121
0.121
0.134
0.125
0.123
1.632
0.123
0.121
52
524.0
Enterprise value¥M
530.6
462.3
500.8
452.2
396.0
392.3
358.4
381.0
351.5
357.6
56.03
(2.02%)
(4.83%)
69
64.59
LT debt¥M
498.0
535.0
499.1
518.8
545.5
551.2
474.8
495.3
468.4
413.9
227.8
(5.37%)
(1.57%)
36
Revenue
¥777.7M
7.36%
1.00×
Cost of revenue
¥544.4M
7.36%
1.00×
Operating expenses
¥143.7M
7.38%
1.00×
Spread over hurdle
(1.90%)