2.880
Revenue¥B
4.968
5.071
5.175
5.139
5.099
5.274
5.325
5.416
5.430
5.375
3.098
1.06%
0.67%
69
15.47
Revenue growth%
1.74
3.43
3.13
4.50
4.93
7.63
9.53
10.87
11.56
11.39
3.74
10.87
6.28
84
22.22
Gross margin%
21.94
24.14
21.72
21.14
20.31
17.94
17.62
16.54
18.78
17.80
5.69
17.80
19.54
13
9.77
Operating margin%
16.18
13.82
12.92
15.58
14.89
13.83
15.36
16.08
14.28
16.58
5.24
15.36
15.12
50
26.94
Net margin%
25.46
23.34
20.63
21.64
22.23
20.08
21.47
22.76
22.79
24.62
28.56
22.76
22.50
8
26.07
P/E ratio (avg)x
22.82
25.72
24.99
24.33
27.06
27.25
25.83
27.12
27.48
25.71
31.25
27.12
25.78
12
36.06
EV/EBITx
33.93
36.95
32.58
34.24
29.94
28.14
28.96
25.63
27.37
29.09
35.73
28.14
29.51
86
16.54
FCF yield (avg)%
32.33
29.70
26.72
28.25
28.09
30.35
33.20
32.85
35.26
36.53
25.51
33.20
31.34
7
26.54
FCF margin%
5.30
6.20
3.62
4.35
4.10
6.28
6.35
4.56
6.99
6.78
17.41
6.35
5.75
82
0.942
FCF / Net incomex
0.200
0.218
0.215
0.205
0.206
0.198
0.181
0.198
0.187
0.211
0.278
0.198
0.203
77
28.44
ROIC%
26.77
26.97
28.30
28.86
26.52
26.61
26.13
25.00
25.70
23.49
26.44
25.70
26.57
57
25.52
Return on equity%
25.07
26.67
28.90
29.99
27.62
29.25
29.72
26.78
23.92
26.18
22.54
26.78
27.20
76
11.27
Return on assets%
11.30
13.34
14.65
16.19
15.70
15.88
15.79
17.84
17.58
18.43
15.73
17.58
15.84
83
67.64
EPS¥
29.03
28.02
31.60
33.16
31.56
31.80
32.18
31.64
33.25
32.13
72.18
0.36%
1.06%
—
6.48
EPS growth%
8.98
9.97
11.71
12.51
13.55
12.38
10.41
12.25
14.18
12.57
4.12
12.38
12.31
16
53.51
Bookvalue per sh¥
36.11
35.14
38.36
36.77
37.52
35.58
39.01
41.00
37.69
37.82
79.76
0.16%
(0.67%)
—
18.41
FCF per share¥
17.99
18.75
16.79
14.45
15.30
15.99
13.62
11.88
12.87
12.44
48.82
(4.06%)
(4.53%)
—
52.52
Dividend per sh¥
18.50
18.04
21.25
23.80
26.87
28.91
30.01
34.30
39.81
41.47
41.31
9.07%
9.78%
—
5.74
Div yield (avg)%
9.62
12.01
14.57
11.77
11.10
12.52
10.10
12.30
11.74
10.43
19.76
11.74
11.75
94
11.37
Payout ratio%
2.94
1.96
3.65
3.97
1.91
4.45
5.11
5.98
4.36
5.65
15.01
5.11
4.16
84
31.11
Shares (diluted)M
45.24
41.91
42.73
46.19
43.47
48.68
50.06
53.54
53.15
51.99
31.45
3.64%
2.32%
35
5.16
Buyback yield%
18.32
19.03
17.92
20.88
20.16
19.47
19.47
20.81
23.18
24.64
24.70
20.81
19.82
86
0.552
D/E ratiox
0.197
0.188
0.215
0.238
0.238
0.228
0.263
0.312
0.352
0.354
1.613
0.312
0.238
43
0.467
Enterprise value¥B
1.499
1.460
1.305
1.398
1.280
1.205
1.066
1.124
1.013
0.904
5.340
(6.72%)
(6.19%)
16
3.184
LT debt¥B
5.264
4.744
4.602
4.190
4.611
4.420
4.226
4.695
5.273
5.450
3.545
3.40%
0.07%
72
Revenue
¥5.375B
0.67%
1.00×
Cost of revenue
¥3.505B
0.62%
1.00×
Operating expenses
¥968.2M
1.26%
1.06×
Cash and investments
15.98%
Spread over hurdle
(2.79%)