2.295
Revenue¥B
2.174
2.246
2.396
2.547
2.725
2.838
2.950
3.073
3.283
2.505
2.701
5.21%
5.25%
23
10.56
Revenue growth%
13.81
13.79
13.75
14.23
13.03
12.76
10.30
11.80
10.35
8.50
26.71
11.80
13.04
84
22.39
Gross margin%
20.47
18.31
20.21
22.54
24.49
26.36
28.35
30.75
33.61
9.55
28.76
28.35
23.52
18
13.94
Operating margin%
13.15
15.54
12.62
15.25
15.99
16.11
16.29
14.38
16.29
15.34
27.75
16.11
15.40
67
14.05
Net margin%
17.03
16.60
19.45
19.66
21.22
22.38
19.90
20.07
17.51
25.09
15.97
20.07
19.56
86
26.03
P/E ratio (avg)x
29.88
32.16
29.94
26.72
27.84
27.41
26.52
24.28
25.72
33.48
21.19
26.52
27.62
93
12.18
EV/EBITx
24.59
26.72
28.86
31.07
27.65
23.59
21.13
22.32
22.64
6.480
28.47
22.64
25.66
7
26.45
FCF yield (avg)%
15.00
12.68
14.62
12.53
12.78
14.48
16.96
17.11
17.52
9.54
15.77
16.96
14.81
29
2.88
FCF margin%
11.66
13.66
14.94
17.04
19.11
20.12
22.44
23.41
24.05
17.65
14.46
22.44
18.08
23
1.589
FCF / Net incomex
1.323
1.339
1.331
1.196
1.215
1.120
1.155
1.214
1.230
0.480
1.122
1.214
1.223
19
23.95
ROIC%
19.23
19.29
20.64
21.53
20.66
18.76
17.96
18.98
20.89
10.07
28.33
18.98
19.30
13
28.59
Return on equity%
9.23
10.45
11.52
11.42
9.10
8.24
6.75
4.63
5.27
2.75
10.01
6.75
9.16
36
8.29
Return on assets%
9.54
7.34
7.00
6.83
5.09
5.64
7.02
4.59
4.12
24.08
28.87
5.09
6.92
21
20.38
EPS¥
147.20
156.87
187.86
192.66
229.38
273.29
310.23
308.52
345.70
22.68
25.20
12.40%
11.76%
—
24.66
EPS growth%
9.39
10.20
11.81
13.34
11.39
10.74
10.98
13.31
16.09
28.70
21.29
11.39
11.18
53
76.79
Bookvalue per sh¥
52.18
58.85
60.33
69.98
72.99
81.22
82.02
82.37
93.62
91.79
92.86
5.99%
5.61%
—
71.09
FCF per share¥
25.19
26.33
28.91
33.37
36.65
38.01
38.75
46.00
45.59
64.03
94.31
6.44%
8.18%
—
29.63
Dividend per sh¥
84.77
90.45
84.72
91.93
102.15
115.16
110.92
128.73
138.75
98.53
50.64
8.58%
4.49%
—
4.82
Div yield (avg)%
30.46
27.91
30.05
31.89
30.86
33.43
31.46
32.72
35.36
21.91
13.28
32.72
31.16
31
28.58
Payout ratio%
29.43
27.50
27.73
29.20
31.86
31.93
34.52
36.05
34.92
10.08
25.72
34.52
30.64
74
12.48
Shares (diluted)M
9.607
9.757
10.71
10.48
10.64
11.68
11.42
12.32
12.06
12.45
12.99
2.86%
1.97%
14
14.60
Buyback yield%
21.29
22.16
20.67
22.27
22.35
20.28
17.29
19.78
17.32
12.06
7.58
19.78
20.98
69
0.827
D/E ratiox
0.930
1.033
1.143
1.097
1.006
1.074
1.173
1.255
1.388
1.799
0.173
1.173
1.085
13
2.973
Enterprise value¥B
2.107
2.232
2.059
2.163
2.190
2.259
2.245
2.510
2.350
0.259
0.996
1.67%
2.31%
74
3.112
LT debt¥B
3.449
3.585
4.299
4.963
5.054
5.743
6.857
8.296
8.460
1.355
2.748
11.26%
9.10%
86
Revenue
¥3.283B
5.25%
1.00×
Cost of revenue
¥2.207B
5.20%
1.00×
Operating expenses
¥729.7M
5.19%
0.99×
Spread over hurdle
(1.31%)