410.2
Revenue¥M
402.9
413.8
423.4
424.6
445.6
458.5
467.2
489.1
491.3
509.6
456.0
2.72%
2.70%
77
23.36
Revenue growth%
7.48
4.83
7.61
9.73
12.20
12.25
11.67
11.40
12.03
12.51
12.91
12.03
11.53
22
13.96
Gross margin%
0.43
0.40
2.38
2.21
0.40
2.14
3.13
5.73
4.88
3.17
24.33
3.17
2.29
52
6.93
Operating margin%
9.18
11.68
10.13
10.72
11.28
8.58
9.49
11.62
13.44
14.58
28.48
11.62
11.00
49
7.58
Net margin%
21.27
18.88
20.98
22.17
21.72
23.41
20.77
21.29
23.16
21.50
26.22
21.50
21.40
34
34.97
P/E ratio (avg)x
19.26
17.79
16.60
15.74
17.19
16.61
17.45
15.63
16.22
16.66
15.35
16.61
16.64
11
16.09
EV/EBITx
29.81
33.57
38.07
35.57
33.53
38.10
40.30
42.77
49.27
49.33
15.58
42.77
38.08
23
22.18
FCF yield (avg)%
1.33
0.40
1.69
0.40
0.40
3.02
5.99
6.52
5.85
8.68
7.54
5.99
2.36
33
10.01
FCF margin%
26.42
23.79
22.00
22.90
22.61
22.43
20.50
21.89
20.64
20.20
21.38
20.64
22.21
56
1.708
FCF / Net incomex
1.901
1.939
2.173
2.231
2.516
2.760
2.732
2.969
2.810
2.705
1.514
2.760
2.610
65
17.87
ROIC%
32.93
31.08
30.74
31.64
32.03
31.52
29.88
28.51
30.10
30.98
27.44
30.10
31.03
13
5.33
Return on equity%
24.22
25.59
27.46
28.09
31.01
28.17
25.93
27.27
28.99
27.65
4.45
27.65
27.56
21
21.16
Return on assets%
17.83
19.55
18.61
16.41
13.83
15.61
13.29
11.23
11.06
10.62
17.29
11.23
14.72
81
5.25
EPS¥
12.42
12.98
13.11
13.65
15.04
15.88
16.71
16.38
16.57
17.18
5.39
2.71%
2.73%
—
4.10
EPS growth%
10.78
9.97
10.09
10.23
8.36
6.96
6.16
5.27
3.00
1.63
21.31
5.27
7.66
80
4.52
Bookvalue per sh¥
7.13
7.78
8.02
7.87
8.71
8.00
8.39
7.88
8.10
8.04
7.33
(1.58%)
1.93%
—
7.00
FCF per share¥
5.12
4.86
5.55
5.32
4.90
4.71
5.06
5.02
4.65
5.24
2.43
1.36%
0.10%
—
9.16
Dividend per sh¥
5.57
6.32
6.44
6.84
7.72
8.07
8.71
8.89
9.02
8.38
2.77
1.65%
4.34%
—
8.38
Div yield (avg)%
19.71
22.10
24.11
25.49
25.33
26.85
28.59
26.56
23.97
24.62
4.11
26.56
24.97
37
16.37
Payout ratio%
18.99
21.03
18.25
15.74
13.51
16.38
17.51
16.87
19.65
21.74
23.17
17.51
17.88
58
28.68
Shares (diluted)M
29.48
31.06
34.51
37.45
35.24
33.06
33.72
36.16
35.53
34.78
28.86
(0.26%)
1.84%
54
7.94
Buyback yield%
29.19
30.77
32.94
33.72
33.47
36.02
36.65
35.57
33.22
30.89
8.41
35.57
33.34
70
1.591
D/E ratiox
0.229
0.239
0.228
0.211
0.193
0.199
0.191
0.213
0.218
0.237
1.160
0.213
0.216
89
367.5
Enterprise value¥M
279.3
297.6
314.9
286.0
304.2
329.9
353.0
377.8
414.8
410.0
184.0
6.16%
5.06%
60
388.4
LT debt¥M
166.0
164.0
166.6
171.1
181.4
171.0
168.1
194.0
216.5
249.2
263.9
6.56%
5.52%
11
Revenue
¥509.6M
2.70%
1.00×
Cost of revenue
¥356.7M
2.70%
1.00×
Operating expenses
¥95.10M
2.89%
1.02×
Spread over hurdle
11.64%