70.38
Revenue¥M
127.5
140.5
154.8
167.8
181.2
195.0
216.6
232.8
256.4
277.1
78.74
8.86%
9.10%
21
11.01
Revenue growth%
16.25
13.64
14.93
17.08
18.43
20.08
17.82
15.36
13.42
13.03
4.24
15.36
15.81
45
22.95
Gross margin%
37.62
39.24
36.92
36.96
37.12
35.21
32.29
34.79
36.74
38.73
2.52
35.21
36.94
51
14.16
Operating margin%
22.12
20.33
20.00
19.68
16.97
14.43
14.88
13.42
16.20
16.27
10.34
14.88
16.62
32
27.77
Net margin%
17.64
15.98
14.67
13.78
12.30
11.62
13.57
12.19
11.70
11.93
13.00
11.93
12.93
70
17.25
P/E ratio (avg)x
23.74
24.47
25.66
27.11
26.94
29.12
28.02
30.08
32.13
35.56
10.94
30.08
27.56
14
26.54
EV/EBITx
9.281
10.10
9.125
8.375
7.607
7.823
8.301
7.751
6.971
7.508
13.47
7.751
8.062
39
9.92
FCF yield (avg)%
28.76
25.89
25.34
24.96
22.59
21.29
24.05
24.77
24.74
26.78
24.70
24.74
24.86
21
19.04
FCF margin%
29.04
30.26
30.44
31.28
28.47
30.65
28.95
28.46
25.47
25.76
8.07
28.46
28.99
73
0.292
FCF / Net incomex
0.792
0.705
0.658
0.642
0.601
0.551
0.476
0.494
0.490
0.523
0.283
0.494
0.576
55
22.15
ROIC%
4.01
4.93
3.98
5.30
6.32
5.35
6.22
5.79
6.27
8.09
20.88
6.22
5.57
8
7.46
Return on equity%
15.48
14.15
15.07
13.70
16.49
19.17
19.91
22.52
21.64
23.35
29.36
21.64
17.83
92
23.69
Return on assets%
19.86
19.93
21.81
22.37
23.74
23.08
21.58
19.60
20.92
18.00
16.29
20.92
21.25
28
111.25
EPS¥
120.75
129.18
130.33
135.72
141.19
140.37
168.50
185.84
200.08
240.04
115.46
11.20%
8.50%
—
23.50
EPS growth%
5.96
5.78
3.18
4.25
5.49
5.33
6.65
9.11
11.61
11.01
12.59
9.11
5.87
46
328.32
Bookvalue per sh¥
311.52
352.44
408.56
479.51
510.69
550.55
575.41
622.35
700.78
683.46
93.38
6.00%
8.39%
—
204.73
FCF per share¥
310.26
344.24
396.43
463.46
507.49
598.73
591.98
663.96
795.57
836.90
72.96
10.52%
11.73%
—
160.50
Dividend per sh¥
657.13
694.75
762.19
849.12
850.00
1,003
1,062
1,111
1,226
1,453
302.05
11.32%
9.68%
—
4.36
Div yield (avg)%
10.52
11.07
9.67
8.28
7.74
9.81
11.30
10.72
9.84
9.70
23.76
9.84
9.83
71
9.42
Payout ratio%
18.77
15.99
13.63
14.10
14.85
14.52
14.95
16.15
18.15
20.09
9.58
16.15
15.47
91
0.698
Shares (diluted)M
0.648
0.591
0.600
0.567
0.572
0.605
0.622
0.585
0.632
0.630
0.704
1.94%
(0.22%)
26
11.42
Buyback yield%
11.15
8.72
10.04
11.42
12.43
10.45
11.23
8.34
5.94
6.51
9.71
8.34
10.24
20
1.222
D/E ratiox
0.517
0.553
0.580
0.569
0.652
0.694
0.706
0.737
0.711
0.690
0.398
0.706
0.671
33
312.3
Enterprise value¥M
299.2
342.0
328.7
333.6
382.5
443.6
507.0
584.4
553.1
539.3
193.5
7.11%
5.39%
65
14.62
LT debt¥M
15.31
14.50
14.50
14.56
14.68
15.30
13.88
12.02
11.55
12.39
333.5
(3.34%)
(1.72%)
74
Revenue
¥277.1M
9.10%
1.00×
Cost of revenue
¥187.0M
9.42%
1.03×
Operating expenses
¥46.52M
8.60%
0.96×
Cash and investments
14.91%
Spread over hurdle
19.07%