1.172
Revenue¥B
0.907
0.943
0.992
1.025
1.075
1.124
1.199
1.241
1.304
1.388
1.224
5.25%
4.82%
72
19.62
Revenue growth%
15.25
17.47
19.42
19.93
17.89
20.63
20.46
23.00
21.29
20.77
23.88
20.77
20.20
21
10.12
Gross margin%
5.00
4.36
7.25
4.94
6.04
6.46
8.32
8.71
9.58
9.77
21.23
8.71
6.86
34
22.33
Operating margin%
20.56
20.07
18.93
18.37
19.02
17.87
16.24
18.50
20.43
18.40
25.64
18.40
18.71
76
28.02
Net margin%
5.10
6.61
7.43
5.58
6.92
8.65
10.90
12.44
15.16
15.09
19.82
12.44
8.04
49
22.84
P/E ratio (avg)x
25.22
28.35
31.89
34.70
38.17
42.10
40.06
37.02
36.17
32.66
11.39
37.02
35.44
10
19.62
EV/EBITx
47.77
48.94
48.83
49.83
45.62
47.57
54.68
62.02
67.59
65.03
29.28
62.02
49.39
83
3.59
FCF yield (avg)%
15.11
16.30
17.09
15.66
16.83
18.70
18.27
17.10
16.44
15.05
23.83
17.10
16.64
10
22.52
FCF margin%
26.34
26.14
26.87
27.78
27.70
26.91
29.16
27.04
28.98
29.65
17.90
28.98
27.37
73
0.507
FCF / Net incomex
1.795
2.131
2.068
2.009
2.134
2.316
2.350
2.565
3.013
2.901
0.642
2.565
2.225
76
19.72
ROIC%
31.72
30.05
29.73
30.94
28.81
29.36
28.51
27.72
27.21
30.15
29.78
28.51
29.54
41
2.32
Return on equity%
8.81
11.61
12.00
9.79
8.43
10.04
11.30
13.43
11.31
12.21
19.50
11.31
11.31
79
29.69
Return on assets%
18.99
20.60
21.05
22.43
20.62
22.70
22.36
22.97
20.61
22.76
6.00
22.70
21.71
78
33.89
EPS¥
37.08
41.44
44.11
44.35
50.72
54.56
52.93
57.22
62.10
66.14
35.41
5.45%
6.88%
—
13.35
EPS growth%
25.28
27.80
28.09
27.99
25.10
26.50
26.34
27.41
24.87
24.06
10.46
26.34
26.42
13
111.07
Bookvalue per sh¥
41.91
43.33
41.11
42.46
38.63
36.61
38.65
35.55
31.23
30.01
101.09
(4.93%)
(4.12%)
—
85.89
FCF per share¥
66.06
61.97
55.99
54.70
58.72
66.40
64.01
59.86
53.71
49.11
119.71
(3.51%)
(2.04%)
—
50.31
Dividend per sh¥
64.81
62.50
71.11
81.74
89.77
89.73
85.12
81.88
81.66
81.20
115.36
(1.99%)
1.82%
—
24.89
Div yield (avg)%
14.76
16.88
16.37
16.51
15.10
16.45
14.05
16.52
15.13
12.96
6.99
15.13
15.75
57
10.59
Payout ratio%
25.87
25.64
24.04
25.51
23.08
23.48
25.39
24.91
27.75
28.74
28.63
25.39
25.45
73
10.73
Shares (diluted)M
16.36
16.69
15.98
16.62
18.78
21.45
22.97
25.31
29.18
34.13
10.62
12.69%
9.28%
52
27.98
Buyback yield%
23.47
25.70
25.78
24.14
21.81
23.97
22.58
21.51
22.02
24.72
8.20
22.58
23.72
68
1.339
D/E ratiox
1.940
2.126
1.994
2.199
2.176
2.021
1.895
2.029
2.083
2.075
0.183
2.029
2.052
24
1,275
Enterprise value¥M
370.4
362.8
348.6
384.6
432.6
400.8
373.2
345.8
346.5
316.8
177.3
(6.04%)
(2.66%)
72
1,029
LT debt¥M
326.5
338.9
360.8
410.0
457.7
518.9
503.3
584.3
599.1
650.6
756.6
7.29%
7.68%
53
Revenue
¥1.388B
4.82%
1.00×
Cost of revenue
¥971.6M
4.82%
1.00×
Operating expenses
¥263.6M
4.84%
1.00×
Spread over hurdle
(0.11%)