1.453
Revenue¥B
1.770
1.810
1.864
1.921
2.044
2.157
2.300
2.390
2.478
2.535
1.532
4.41%
3.89%
53
26.38
Revenue growth%
15.15
12.56
11.81
9.76
10.13
9.40
7.11
6.86
7.90
9.38
14.62
7.90
9.58
84
23.61
Gross margin%
7.91
9.09
9.68
10.48
8.10
10.91
12.60
10.00
11.75
14.27
29.40
11.75
10.24
26
16.10
Operating margin%
27.20
25.07
27.12
28.45
27.25
29.37
28.12
27.36
25.00
26.74
10.78
27.36
27.22
38
28.98
Net margin%
33.98
33.02
35.24
33.54
36.28
33.89
34.80
34.80
35.10
34.64
13.32
34.80
34.72
24
37.67
P/E ratio (avg)x
18.16
18.21
19.00
20.15
20.32
24.13
27.82
33.47
39.24
42.18
19.39
33.47
22.22
12
26.29
EV/EBITx
25.69
26.75
25.74
26.61
28.39
29.94
33.76
31.80
28.48
25.62
26.14
29.94
27.57
30
16.01
FCF yield (avg)%
15.38
16.91
19.78
21.01
19.65
20.19
19.81
22.55
22.82
25.20
22.28
22.55
20.00
20
26.71
FCF margin%
1.03
0.40
0.40
3.38
4.15
4.03
4.59
6.68
4.38
6.62
24.56
4.59
4.09
48
0.697
FCF / Net incomex
0.396
0.370
0.367
0.348
0.375
0.335
0.302
0.308
0.274
0.288
1.115
0.302
0.341
87
7.17
ROIC%
25.48
23.45
23.25
20.28
19.16
22.09
24.59
27.40
28.95
26.94
28.81
26.94
24.02
65
18.37
Return on equity%
24.17
26.27
27.73
30.42
32.97
32.82
30.68
33.31
33.93
33.63
23.27
33.31
31.75
67
24.13
Return on assets%
24.96
25.77
25.89
27.52
26.22
23.26
20.62
19.55
18.92
21.75
10.29
20.62
24.11
59
1.06
EPS¥
1.34
1.45
1.44
1.37
1.27
1.32
1.44
1.34
1.38
1.23
1.10
(0.57%)
(2.23%)
—
12.89
EPS growth%
16.11
15.48
14.10
15.63
12.78
15.56
13.05
15.78
13.98
15.56
20.10
15.56
15.52
12
1.39
Bookvalue per sh¥
5.57
5.97
6.73
8.05
8.57
9.23
9.92
10.47
11.58
13.17
1.95
8.97%
10.68%
—
1.35
FCF per share¥
2.21
2.47
2.27
2.38
2.54
2.30
2.22
2.25
2.09
2.27
1.13
(2.23%)
(0.81%)
—
3.79
Dividend per sh¥
2.98
3.03
3.30
3.44
3.43
3.26
3.40
3.55
4.09
4.40
1.47
5.10%
4.89%
—
27.19
Div yield (avg)%
24.41
25.33
27.02
25.39
26.11
23.41
25.46
22.59
22.53
24.23
26.37
23.41
24.87
55
17.36
Payout ratio%
21.86
21.10
20.39
18.47
15.64
15.01
16.87
18.22
15.41
14.59
11.51
15.41
17.55
38
0.276
Shares (diluted)B
0.498
0.510
0.598
0.702
0.715
0.862
1.022
1.102
1.203
1.393
0.276
14.25%
12.56%
6
29.65
Buyback yield%
26.82
26.92
29.34
29.21
27.62
27.13
29.30
26.44
26.42
23.78
10.44
26.44
27.03
56
1.050
D/E ratiox
0.559
0.591
0.553
0.608
0.643
0.604
0.599
0.550
0.602
0.567
0.386
0.599
0.595
68
2,110
Enterprise value¥M
226.7
246.2
260.4
293.3
276.2
301.1
310.6
295.6
324.2
331.2
483.2
3.70%
3.57%
47
2.079
LT debt¥B
1.655
1.720
1.653
1.740
1.820
1.842
1.784
1.712
1.583
1.716
2.332
(1.17%)
1.39%
75
Revenue
¥2.535B
3.89%
1.00×
Cost of revenue
¥1.514B
4.13%
1.02×
Operating expenses
¥331.0M
3.46%
0.96×
Cash and investments
17.07%
Spread over hurdle
28.04%