5.090
Revenue¥B
3.137
3.384
3.564
3.830
4.166
4.454
4.852
5.118
5.396
5.775
5.412
6.75%
7.20%
29
2.12
Revenue growth%
18.91
17.84
19.50
17.96
17.07
17.39
15.09
15.43
18.40
16.49
28.08
16.49
17.62
37
27.02
Gross margin%
10.43
11.91
11.08
8.88
7.62
7.38
7.42
9.70
10.98
12.88
27.17
9.70
10.07
60
13.01
Operating margin%
15.72
14.46
11.93
11.75
8.94
7.35
7.64
5.34
3.96
3.09
20.88
5.34
8.29
77
13.45
Net margin%
21.93
24.40
25.93
28.60
28.89
26.83
26.52
24.26
26.37
27.52
23.66
26.52
26.45
7
24.97
P/E ratio (avg)x
11.93
12.37
14.17
16.54
16.71
18.62
19.72
20.98
20.19
23.50
26.02
20.19
17.66
31
10.63
EV/EBITx
13.29
13.63
13.06
12.68
14.41
15.78
17.83
18.59
20.93
23.54
15.47
18.59
15.10
83
10.36
FCF yield (avg)%
23.10
21.01
22.51
24.42
24.84
27.45
29.92
29.74
29.86
30.57
13.94
29.86
26.14
89
18.63
FCF margin%
23.51
21.22
23.95
25.68
25.10
22.36
24.76
24.19
24.67
25.46
18.72
24.67
24.43
82
1.538
FCF / Net incomex
2.212
2.033
2.235
2.382
2.199
2.518
2.864
2.992
2.941
2.737
0.152
2.864
2.450
69
29.77
ROIC%
32.56
33.44
35.94
38.92
40.08
42.87
40.50
39.17
41.91
43.46
20.12
41.91
39.62
71
27.69
Return on equity%
7.48
9.97
7.54
8.35
9.43
11.16
11.13
9.56
8.02
6.54
21.06
9.56
8.89
87
24.92
Return on assets%
26.65
27.77
25.43
24.21
24.47
22.55
20.00
21.34
21.95
24.89
15.55
21.95
24.34
14
94.52
EPS¥
90.98
90.58
90.21
100.34
92.73
87.59
89.86
90.95
95.65
91.23
103.87
(0.33%)
0.50%
—
22.29
EPS growth%
19.83
20.49
17.73
14.84
13.21
15.35
16.33
18.67
19.82
18.59
2.24
18.59
18.16
8
131.96
Bookvalue per sh¥
43.85
42.67
46.32
52.49
56.60
64.74
73.96
76.01
83.23
79.78
68.60
7.10%
7.05%
—
152.38
FCF per share¥
168.80
163.04
156.02
152.08
152.31
152.89
154.58
162.67
180.24
174.94
131.30
2.81%
1.45%
—
32.51
Dividend per sh¥
92.42
95.03
98.42
115.60
126.60
147.44
166.46
157.41
173.86
163.43
42.56
5.24%
7.19%
—
25.02
Div yield (avg)%
27.51
24.83
23.96
26.91
24.53
27.19
28.91
31.11
28.77
26.81
29.72
28.77
27.05
6
18.21
Payout ratio%
25.31
23.93
24.67
21.91
20.60
20.52
18.08
19.27
21.39
20.42
6.70
20.42
21.00
52
20.87
Shares (diluted)M
24.42
26.70
28.75
30.30
31.84
31.67
28.59
26.73
30.23
33.56
20.51
1.05%
4.11%
13
5.56
Buyback yield%
11.56
8.82
10.05
12.51
14.87
17.51
16.16
17.78
15.13
16.06
14.24
16.16
15.00
57
0.638
D/E ratiox
2.235
2.604
2.668
2.715
3.194
3.519
3.567
3.406
3.653
3.558
1.252
3.558
3.300
42
3.223
Enterprise value¥B
1.458
1.505
1.411
1.371
1.394
1.449
1.526
1.644
1.432
1.440
4.735
0.65%
0.32%
54
2.396
LT debt¥B
6.616
6.627
6.862
6.995
7.735
8.605
8.909
8.358
8.335
9.420
4.956
4.02%
4.61%
52
Revenue
¥5.775B
7.20%
1.00×
Cost of revenue
¥3.565B
7.50%
1.03×
Operating expenses
¥1.217B
6.73%
0.96×
Spread over hurdle
(2.50%)