101.6
Revenue¥M
280.3
303.6
332.1
358.0
388.3
422.9
459.9
483.0
516.3
560.5
112.0
7.62%
7.79%
12
21.39
Revenue growth%
9.29
7.06
6.45
4.88
4.05
1.17
4.09
2.20
0.40
0.40
25.74
1.17
4.07
68
14.33
Gross margin%
24.10
26.76
25.01
25.23
28.23
30.36
32.00
31.15
32.40
31.61
29.98
31.61
29.30
43
7.74
Operating margin%
5.16
4.77
7.77
7.19
9.91
11.44
13.70
14.00
16.30
16.50
20.44
14.00
10.68
87
2.72
Net margin%
5.77
3.52
3.52
2.48
3.78
0.96
0.40
0.40
1.29
1.31
15.84
0.96
1.89
28
17.36
P/E ratio (avg)x
17.96
15.27
14.59
15.38
14.90
16.08
16.92
16.65
14.25
13.11
24.97
16.08
15.32
70
30.69
EV/EBITx
10.77
11.95
12.90
14.18
13.86
14.85
16.43
16.60
19.20
20.06
24.01
16.60
14.51
95
2.60
FCF yield (avg)%
18.60
18.86
19.94
22.69
21.10
19.02
20.19
21.74
20.55
18.86
17.00
20.19
20.06
74
27.25
FCF margin%
16.73
16.93
18.26
18.34
16.93
14.80
13.97
13.52
16.21
14.45
23.36
14.45
16.47
72
0.699
FCF / Net incomex
1.136
0.972
1.025
0.888
0.868
0.938
0.886
0.889
0.857
0.826
1.000
0.886
0.889
74
16.22
ROIC%
25.04
23.89
22.88
22.93
20.68
19.22
21.68
22.35
24.23
26.11
18.34
22.35
22.91
24
17.26
Return on equity%
1.78
1.87
1.01
3.59
1.31
3.87
6.30
5.23
2.59
3.20
24.73
3.87
2.90
30
2.69
Return on assets%
1.88
0.40
3.18
2.33
0.40
0.40
1.67
2.14
2.64
3.48
4.18
2.14
2.01
93
162.73
EPS¥
91.78
106.79
121.46
140.12
156.19
165.69
190.38
213.20
212.14
243.51
168.44
9.29%
10.23%
—
22.63
EPS growth%
14.97
13.33
14.07
13.42
15.68
13.68
12.80
14.41
15.84
16.29
18.68
14.41
14.24
62
168.26
Bookvalue per sh¥
24.89
24.31
25.19
22.88
20.36
18.84
19.60
18.97
18.46
20.29
85.38
(0.08%)
(3.23%)
—
31.80
FCF per share¥
59.85
56.07
58.15
63.59
66.96
67.36
63.95
59.01
63.18
69.69
134.92
0.80%
1.89%
—
58.18
Dividend per sh¥
187.25
201.96
216.98
221.40
224.01
242.98
218.02
193.82
183.51
165.15
76.48
(5.92%)
(0.30%)
—
5.80
Div yield (avg)%
25.97
27.46
25.82
24.51
21.99
21.18
23.12
23.82
25.71
23.49
15.06
23.49
24.17
6
6.42
Payout ratio%
26.59
26.63
27.39
29.46
30.15
30.51
33.35
34.89
31.96
29.94
17.39
31.96
30.04
11
2.604
Shares (diluted)M
3.968
4.423
4.769
5.432
6.528
7.006
6.912
7.934
8.263
9.273
2.619
7.27%
10.26%
71
7.41
Buyback yield%
28.17
28.41
31.17
31.75
33.93
33.89
36.33
35.30
38.21
38.73
18.77
36.33
33.91
14
0.700
D/E ratiox
1.099
1.192
1.181
1.216
1.216
1.267
1.277
1.481
1.602
1.764
1.217
1.481
1.241
64
221.7
Enterprise value¥M
134.0
132.5
147.9
168.4
180.6
191.3
189.4
182.8
215.6
218.4
415.9
3.87%
6.37%
14
84.08
LT debt¥M
358.9
319.1
317.9
328.3
302.4
307.6
259.8
249.2
252.9
236.9
194.1
(4.77%)
(3.36%)
6
Revenue
¥560.5M
7.79%
1.00×
Cost of revenue
¥353.9M
7.61%
0.98×
Operating expenses
¥112.5M
8.04%
1.02×
Spread over hurdle
(1.54%)