386.3
Revenue¥M
432.7
457.1
485.9
497.3
516.8
528.4
557.0
583.0
614.8
646.3
394.0
4.57%
4.46%
30
11.16
Revenue growth%
16.45
14.39
14.70
14.46
14.93
12.21
10.43
7.73
10.58
8.56
29.12
10.43
13.30
73
28.04
Gross margin%
22.01
23.88
25.10
23.92
22.97
20.34
19.12
17.13
14.86
14.65
7.75
17.13
21.17
49
21.39
Operating margin%
5.63
7.65
9.10
9.10
9.65
10.44
12.43
12.29
11.48
13.70
18.39
12.29
10.04
73
25.94
Net margin%
21.20
22.73
24.56
22.51
21.20
24.13
22.77
24.58
22.61
25.10
16.55
24.13
22.75
76
24.77
P/E ratio (avg)x
15.49
15.50
16.95
18.58
19.68
23.29
26.65
30.21
30.35
35.04
24.53
30.21
21.48
46
28.66
EV/EBITx
8.473
8.448
9.437
9.428
10.48
10.82
12.08
14.18
13.75
14.85
32.15
13.75
10.65
32
10.20
FCF yield (avg)%
17.79
16.10
13.13
14.93
12.01
13.17
11.79
11.00
13.32
10.78
21.01
11.79
13.15
42
7.17
FCF margin%
0.95
2.88
4.61
5.20
5.23
5.34
4.64
7.22
6.27
6.29
9.38
6.27
5.22
65
0.394
FCF / Net incomex
1.067
1.170
1.248
1.389
1.500
1.602
1.795
2.100
2.475
2.509
0.551
2.100
1.551
92
6.94
ROIC%
34.37
34.37
32.38
30.85
33.15
30.42
29.89
30.83
29.24
27.79
19.30
29.89
30.84
12
2.91
Return on equity%
9.96
12.18
12.04
12.07
9.86
10.51
9.99
7.35
8.56
6.88
13.61
8.56
9.98
32
2.16
Return on assets%
25.12
26.12
28.84
27.20
24.46
25.80
26.55
24.34
24.48
26.09
15.90
25.80
25.94
75
29.26
EPS¥
110.70
132.98
151.25
167.37
186.49
185.89
198.73
226.16
235.16
284.97
30.11
8.85%
9.82%
—
29.77
EPS growth%
23.26
23.14
23.63
24.13
21.42
21.33
19.60
21.31
18.36
16.15
6.43
19.60
21.38
16
23.18
Bookvalue per sh¥
51.35
48.56
54.44
61.49
65.74
73.66
79.13
86.79
82.10
78.63
18.52
3.65%
5.72%
—
23.63
FCF per share¥
97.36
105.45
106.65
118.98
121.03
132.74
155.01
156.87
176.55
188.41
52.59
9.25%
7.27%
—
16.14
Dividend per sh¥
49.81
53.15
57.22
52.63
52.16
50.13
44.47
44.39
49.72
51.02
53.17
(0.44%)
(0.65%)
—
22.18
Div yield (avg)%
18.54
18.78
15.82
17.36
17.47
20.03
20.45
23.08
22.70
25.23
12.96
22.70
19.41
11
3.20
Payout ratio%
2.20
0.40
3.36
1.94
0.40
0.85
0.40
0.40
3.21
0.40
15.06
0.40
0.63
16
2.493
Shares (diluted)M
1.391
1.335
1.441
1.501
1.270
1.189
1.016
0.999
0.952
0.956
2.508
(5.53%)
(5.28%)
33
11.52
Buyback yield%
12.10
11.51
14.39
16.89
17.73
20.13
17.63
19.28
20.73
19.69
18.96
19.69
17.68
73
1.135
D/E ratiox
2.138
1.951
1.753
1.893
1.917
2.096
2.104
2.203
2.360
2.563
1.437
2.203
2.100
32
383.9
Enterprise value¥M
515.5
592.7
639.9
601.6
581.6
566.0
603.9
588.7
681.7
795.6
169.9
6.47%
5.53%
45
556.7
LT debt¥M
206.0
191.1
202.3
219.9
247.0
261.7
255.1
275.9
288.3
270.1
226.9
1.80%
2.55%
45
Revenue
¥646.3M
4.46%
1.00×
Cost of revenue
¥436.9M
4.42%
1.00×
Operating expenses
¥81.93M
4.63%
1.02×
Property and equipment
16.19%
Spread over hurdle
(2.95%)