通期売上(百万円)
売上5y CAGR・実績:3.9 %
通期利益(百万円)
営利5y CAGR・実績:9.5 %
純利5y CAGR・実績:15.6 %
P/L
2018.32019.32020.32021.3E
売上1,900,6552,039,6852,073,043-
前期比101.5%107.3%101.6%-
売上原価1,666,3511,785,6611,817,495-
売上総利益234,303254,023255,547-
%12.3%12.5%12.3%-
販管費96,50298,542102,675-
営業利益137,800155,480152,871-
前期比103.0%112.8%98.3%-
%7.3%7.6%7.4%-
受取利息および受取配当金9,0729,4199,587-
持分法による投資利益----
営業外収益10,07010,76811,078-
支払利息2,0971,8361,800-
持分法による投資損失----
営業外費用3,9193,1954,944-
経常利益143,951163,054159,005-
固定資産売却益----
投資有価証券売却益6,1202,5395,161-
特別利益6,7582,8477,902-
固定資産売却損----
投資有価証券売却損--3,116-
減損損失1,7690511-
特別損失13,5001,2654,405-
税引前利益137,209164,635162,503-
法人税等42,32348,26545,340-
%29.7%30.8%27.9%-
当期純利益94,886116,370117,162-
非支配株主に帰属する当期純利益2,2233,2144,068-
親会社株主に帰属する当期純利益92,662113,155113,093-
前期比98.1%122.1%99.9%-
%5.0%4.9%5.5%-
 
EBITDA148,723152,459172,751169,880
EPS129.1円157.7円157.6円153.3円
BPS954.1円1,071.5円1,139.7円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)1,915,0001,970,0002,030,000-
対実績比99.3%103.5%102.1%-
営業利益(期初予)134,500139,000150,000-
対実績比102.5%111.9%101.9%-
純利益(期初予)95,00098,000110,000-
対実績比97.5%115.5%102.8%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価1,164円1,114円926円-
企業価値956,297855,476523,723-
時価総額835,533799,449664,542-
純有利子負債120,76456,027-140,819-
PER(会予)8.8倍8.2倍6.0倍-
PBR1.2倍1.1倍0.8倍-
PER × PBR10.7倍9.1倍4.9倍-
EV/EBITDA(会予)6.4倍5.6倍3.1倍-
PSR(会予)0.4倍0.4倍0.3倍-
PCFR(会予)7.6倍7.1倍5.1倍-
配当金28.0円32.0円32.0円32.0円
配当利回り2.4%2.5%3.5%-
配当性向21.7%20.3%20.3%-
自己資本配当率2.9%3.0%2.8%-
ROE13.5%14.7%13.8%-
純利益率(再掲)4.9%5.5%5.5%-
総資産回転率0.9回0.9回0.9回-
財務レバレッジ3.2倍3.1倍2.7倍-
実質ROE13.5%14.7%13.8%-
ROIC11.0%11.3%10.8%-
ROA4.3%5.1%5.1%-
β0.560.660.83-
βの決定係数(R2)0.130.230.40-
財務レバレッジ(百万円)
利益剰余金(百万円)
設備投資(百万円)
B/S
2018.32019.32020.32021.3E
流動資産
現金190,055168,698315,027-
売上債権000-
棚卸資産14,43910,45816,257-
有価証券4,6156,9807,103-
前払金----
繰延税金資産20,381---
貸倒引当金-160-150-118-
流動資産1,228,3721,282,8661,333,757-
固定資産
建物・構築物103,153125,103120,866-
機械・運搬具45,70755,74655,274-
土地351,060355,925367,701-
建設仮勘定26,0907,49328,112-
有形固定資産526,270544,558572,190-
のれん354137--
無形固定資産5,0384,9976,367-
投資有価証券372,308360,627290,719-
繰延税金資産6591,761--
貸倒引当金-231-210-191-
敷金および保証金----
投資その他の資産389,179382,090317,981-
固定資産920,488931,646896,539-
総資産2,148,8612,214,5122,230,297-
 
負債
有利子負債合計307,993226,728174,208-
仕入債務475,548528,938536,863-
前受金----
未払法人税等29,69524,79027,209-
繰延税金負債(固定)54,41730,667--
負債1,437,3361,416,3621,379,798-
 
純資産
資本金57,75257,75257,752-
資本剰余金43,13542,54042,825-
利益剰余金404,840498,195587,012-
自己株式-1,929-2,132-2,121-
非支配株主持分26,68829,20432,606-
純資産711,525798,149850,498-
キャッシュフロー(百万円)
C/S
2018.32019.32020.32021.3E
営業CF
税金等調整前当期純利益137,209164,635162,503-
減価償却費14,65917,67219,880-
のれん償却額----
減損損失1,7690511-
受取利息及び受取配当金-9,073-9,420-9,588-
売上債権の増減額-36,264-97,99684,441-
棚卸資産の増減額8743,6228,421-
仕入債務の増減額24,05415,550-14,922-
営業CF114,03444,203237,628-
投資CF
有価証券の取得-7,411-10,782-5,369-
有価証券の売却・償還10,1087,91310,859-
固定資産の購入-71,965-36,552-47,471-
固定資産の売却4,629423504-
貸付け----
貸付金の回収----
投資CF-71,289-45,302-47,318-
財務CF
短期借入金の純増減額-5,963-26,640-1,700-
長期借入れ31,00036,35410,212-
長期借入金の返済-17,177-20,630-17,879-
社債の発行-20,00010,000-
社債の償還-25,000-10,000-10,000-
自己株式の取得----
自己株式の売却----
配当金の支払-23,696-20,105-24,413-
財務CF-54,548-24,823-49,397-
換算差額2,391-1,162332-
その他
2018.32019.32020.32021.3E
設備投資額----
研究開発費10,60212,31213,734-
発行済株式総数717,820,094株717,637,486株717,647,713株-
従業員数(人)
従業員ひとりあたり営業利益(百万円)
従業員
2018.32019.32020.32021.3E
従業員数14,359人14,739人14,993人-
売上/従業員(千円)132,874132,367138,267-
営利/従業員(千円)9,4899,59710,196-
四半期売上(百万円)
売上5y CAGR・実績:3.9 %
四半期利益(百万円)
営利5y CAGR・実績:9.5 %
純利5y CAGR・実績:15.6 %
P/L
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上439,044917,4631,370,8021,900,655437,307937,1381,482,5132,039,685446,720965,2901,498,4202,073,043-
前期比109.2%106.8%102.8%101.5%99.6%102.1%108.1%107.3%102.2%103.0%101.1%101.6%-
売上原価390,481808,0601,201,1821,666,351390,272825,1551,303,8451,785,661396,807843,9261,305,5151,817,495-
売上総利益48,563109,403169,620234,30347,034111,982178,668254,02349,912121,364192,905255,547-
%11.1%11.9%12.4%12.3%10.8%11.9%12.1%12.5%11.2%12.6%12.9%12.3%-
販管費23,66547,03770,73696,50223,95846,95372,11898,54224,51348,60074,481102,675-
営業利益24,89762,36698,883137,80023,07565,028106,550155,48025,39972,764118,424152,871-
前期比108.3%105.4%101.8%103.0%92.7%104.3%107.8%112.8%110.1%111.9%111.1%98.3%-
%5.7%6.8%7.2%7.3%5.3%6.9%7.2%7.6%5.7%7.5%7.9%7.4%-
受取利息および受取配当金2,9834,6947,2639,0723,2484,9177,6859,4193,3735,1407,7709,587-
持分法による投資利益-------------
営業外収益3,3015,4598,40610,0703,4246,1398,93510,7683,9226,0779,23411,078-
支払利息5281,0601,5812,0974889411,3871,8364619141,3451,800-
持分法による投資損失-------------
営業外費用1,0761,7792,4273,9195581,4252,4083,1951,2102,0901,9954,944-
経常利益27,12166,046104,862143,95125,94169,742113,076163,05428,11276,751125,663159,005-
固定資産売却益-531-----------
投資有価証券売却益-2,0253,1356,120-1,4821,4822,5397801,9243,5165,161-
特別利益802,5893,7206,758711,5761,6282,8473,1404,3295,9407,902-
固定資産売却損-------------
投資有価証券売却損--------7278747103,116-
減損損失--1,2911,769---0---511-
特別損失4627642,10913,5001003537481,2651,1631,5441,4654,405-
税引前利益26,74067,871106,473137,20925,91270,965113,956164,63530,08979,536130,139162,503-
法人税等7,23218,68329,20942,3237,72320,94932,51648,2656,82620,99135,35945,340-
%29.7%29.7%29.7%29.7%30.8%30.8%30.8%30.8%29.3%29.3%29.3%27.9%-
当期純利益19,50749,18877,26394,88618,18950,01581,439116,37023,26358,54594,780117,162-
非支配株主に帰属する当期純利益5308011,5002,2232641,1882,2643,2145291,7323,0174,068-
親会社株主に帰属する当期純利益18,97648,38675,76392,66217,92448,82779,175113,15522,73356,81391,763113,093-
前期比119.0%116.4%107.4%98.1%94.5%100.9%104.5%122.1%126.8%116.4%115.9%99.9%-
%5.0%5.0%5.0%5.0%4.9%4.9%4.9%4.9%5.5%5.5%5.5%5.5%-
 
EBITDA148,723148,723148,723148,723152,459152,459152,459152,459173,152173,152173,152172,751169,880
EPS129.1円129.1円129.1円129.1円157.6円157.6円157.7円157.7円157.6円157.6円157.6円157.6円153.3円
BPS861.1円908.2円956.8円954.1円969.6円1,019.4円1,001.1円1,071.5円1,068.4円1,123.1円1,170.9円1,139.7円-
期初会社予想
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上高(期初予)1,915,0001,915,0001,915,0001,915,0001,970,0001,970,0001,970,0001,970,0002,030,0002,030,0002,030,0002,030,000-
対実績比22.9%47.9%71.6%99.3%22.2%47.6%75.3%103.5%22.0%47.6%73.8%102.1%-
営業利益(期初予)134,500134,500134,500134,500139,000139,000139,000139,000150,000150,000150,000150,000-
対実績比18.5%46.4%73.5%102.5%16.6%46.8%76.7%111.9%16.9%48.5%78.9%101.9%-
純利益(期初予)95,00095,00095,00095,00098,00098,00098,00098,000110,000110,000110,000110,000-
対実績比20.0%50.9%79.8%97.5%18.3%49.8%80.8%115.5%20.7%51.6%83.4%102.8%-
配当
ROEデュポン分解
β
マルチプル
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
株価1,321円1,349円1,364円1,164円1,153円1,076円994円1,114円1,061円1,076円1,217円926円-
企業価値980,7861,000,8841,026,008956,297822,575735,993730,541855,476776,078751,880853,068523,723-
時価総額948,192968,290979,097835,533827,647772,373713,602799,449761,413772,189873,377664,542-
純有利子負債32,59432,59446,911120,764-5,072-36,38016,93956,02714,665-20,309-20,309-140,819-
PER(会予)10.0倍10.2倍10.3倍8.8倍8.4倍7.9倍7.3倍8.2倍6.9倍7.0倍7.9倍6.0倍-
PBR1.5倍1.6倍1.5倍1.2倍1.2倍1.1倍1.0倍1.1倍1.0倍1.0倍1.1倍0.8倍-
PER × PBR15.3倍16.0倍15.5倍10.7倍10.2倍8.7倍7.1倍9.1倍6.9倍6.7倍8.6倍4.9倍-
EV/EBITDA(会予)6.6倍6.7倍6.9倍6.4倍5.4倍4.8倍4.8倍5.6倍4.6倍4.5倍5.1倍3.1倍-
PSR(会予)0.5倍0.5倍0.5倍0.4倍0.4倍0.4倍0.4倍0.4倍0.4倍0.4倍0.4倍0.3倍-
PCFR(会予)8.6倍8.8倍8.9倍7.6倍7.3倍6.9倍6.3倍7.1倍6.0倍6.0倍6.8倍5.1倍-
配当金---28.0円---32.0円---32.0円32.0円
配当利回り2.1%2.1%2.1%2.4%2.4%2.6%2.8%2.5%3.0%3.0%2.6%3.5%-
配当性向---21.7%---20.3%---20.3%-
自己資本配当率3.3%3.1%2.9%2.9%3.3%3.1%3.2%3.0%3.0%2.8%2.7%2.8%-
ROE15.0%14.2%13.5%13.5%16.3%15.5%15.7%14.7%14.8%14.0%13.5%13.8%-
純利益率(再掲)4.3%5.3%5.5%4.9%4.1%5.2%5.3%5.5%5.1%5.9%6.1%5.5%-
総資産回転率1.0回0.9回0.9回0.9回1.0回1.0回0.9回0.9回1.0回0.9回0.9回0.9回-
財務レバレッジ3.2倍3.2倍3.1倍3.2倍3.1倍2.9倍2.9倍3.1倍2.9倍2.7倍2.7倍2.7倍-
実質ROE14.9%14.2%13.5%13.5%16.2%15.4%15.7%14.7%14.7%14.0%13.4%13.8%-
ROIC11.5%11.1%9.6%11.0%12.6%11.7%11.3%11.3%11.4%11.1%10.7%10.8%-
ROA4.7%4.6%4.2%4.3%5.5%5.3%5.1%5.1%5.2%5.2%5.0%5.1%-
β0.570.580.450.560.300.360.610.660.670.730.750.83-
βの決定係数(R2)0.120.130.080.130.050.060.200.230.250.300.320.40-
財務レバレッジ(百万円)
利益剰余金(百万円)
設備投資(百万円)
B/S
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
流動資産
現金177,361165,142187,229190,055189,533167,065170,701168,698240,795185,718222,627315,027-
売上債権000000000000-
棚卸資産17,80217,80220,93514,43918,10410,97615,58410,45816,87914,20514,20516,257-
有価証券2,2732,2702,2424,6156,5376,7167,0266,9807,0067,0016,7777,103-
前払金-------------
繰延税金資産18,19017,68414,86320,381---------
貸倒引当金-119-133-135-160-133-147-150-150-130-128-125-118-
流動資産1,107,0811,143,0391,267,7621,228,3721,116,7131,188,7611,310,3821,282,8661,250,1061,265,2311,319,9221,333,757-
固定資産
建物・構築物93,042103,788103,085103,153102,178115,974116,994125,103124,220123,157121,670120,866-
機械・運搬具41,72342,76844,44045,70744,83948,35757,06455,74654,56558,01756,83955,274-
土地329,558326,835325,959351,060352,418354,565355,574355,925356,419357,008358,367367,701-
建設仮勘定24,30218,14121,52826,09033,03023,30115,9997,49310,36312,83417,27328,112-
有形固定資産488,854491,757495,234526,270532,716542,447545,928544,558545,869551,300554,412572,190-
のれん---354---137-----
無形固定資産5,0264,9794,9465,0384,9705,0564,9294,9975,0044,9585,7456,367-
投資有価証券368,268376,034400,212372,308377,825387,266338,700360,627340,563346,180360,734290,719-
繰延税金資産2,0201,3727476591,1731,1391,3701,761-----
貸倒引当金-247-248-230-231-228-228-650-210-208-208-208-191-
敷金および保証金-------------
投資その他の資産389,390393,229416,747389,179395,051405,428356,547382,090362,218368,845384,759317,981-
固定資産883,270889,965916,927920,488932,738952,932907,406931,646913,092925,105944,918896,539-
総資産1,990,3512,033,0052,184,6902,148,8612,049,4522,141,6942,217,7882,214,5122,163,1992,190,3362,264,8402,230,297-
 
負債
有利子負債合計209,955209,955212,053307,993184,983153,153184,004226,728183,363165,409165,409174,208-
仕入債務455,721455,721470,787475,548524,712466,672509,447528,938551,181514,699514,699536,863-
前受金-------------
未払法人税等9,26621,07110,77429,6959,56221,0235,25524,79010,77823,19310,99327,209-
繰延税金負債(固定)54,12255,38461,91154,41734,09937,52026,90130,667-----
負債1,343,7971,357,0631,472,6841,437,3361,327,3401,382,4051,469,6741,416,3621,366,4461,353,8451,392,5811,379,798-
 
純資産
資本金57,75257,75257,75257,75257,75257,75257,75257,75257,75257,75257,75257,752-
資本剰余金43,18843,79443,79443,13543,13542,54042,54042,54042,54042,82542,82542,825-
利益剰余金340,293369,703387,670404,840412,712443,615464,215498,195508,003542,125565,681587,012-
自己株式-1,966-1,936-1,938-1,929-1,930-1,835-2,131-2,132-2,132-2,121-2,123-2,121-
非支配株主持分28,45724,00225,22726,68826,13927,47429,65529,20430,02530,50931,99132,606-
純資産646,554675,941712,006711,525722,111759,289748,114798,149796,752836,491872,259850,498-
キャッシュフロー(百万円)
C/S
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
営業CF
税金等調整前当期純利益26,74067,871106,473137,20925,91270,965113,956164,63530,08979,536130,139162,503-
減価償却費-6,895-14,659-7,937-17,672-9,259-19,880-
のれん償却額-------------
減損損失--1,2911,769---0---511-
受取利息及び受取配当金--4,695--9,073--4,918--9,420--5,141--9,588-
売上債権の増減額-18,748--36,264-31,368--97,996-57,524-84,441-
棚卸資産の増減額--3,422-874--2,124-3,622-393-8,421-
仕入債務の増減額--33,484-24,054--10,194-15,550--37,240--14,922-
営業CF-23,261-114,034-22,970-44,203-66,051-237,628-
投資CF
有価証券の取得0-4,3980-7,4110-7,9300-10,7820-1,6870-5,369-
有価証券の売却・償還03,755010,10803,67307,91304,045010,859-
固定資産の購入0-29,2100-71,9650-24,8380-36,5520-15,9810-47,471-
固定資産の売却04,47504,629079042302250504-
貸付け-------------
貸付金の回収-------------
投資CF--29,190--71,289--41,370--45,302--16,609--47,318-
財務CF
短期借入金の純増減額--12,028--5,963--27,369--26,640--9,222--1,700-
長期借入れ-6,000-31,000-5,200-36,354-1,010-10,212-
長期借入金の返済--7,407--17,177--8,216--20,630--9,054--17,879-
社債の発行-----10,000-20,000-10,000-10,000-
社債の償還--10,000--25,000--10,000--10,000--10,000--10,000-
自己株式の取得-------------
自己株式の売却-------------
配当金の支払--13,643--23,696--10,052--20,105--12,925--24,413-
財務CF--24,010--54,548--14,535--24,823--34,293--49,397-
換算差額-132-2,391--2,097--1,162--755-332-
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額-------------
研究開発費---10,602---12,312---13,734-
発行済株式総数717,783,668株717,813,219株717,811,812株717,820,094株717,819,189株717,909,706株717,637,959株717,637,486株717,636,948株717,647,342株717,645,863株717,647,713株-
従業員数(人)
従業員ひとりあたり営業利益(百万円)
従業員
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
従業員数---14,359人---14,739人---14,993人-
売上/従業員(千円)132,874132,874132,874132,874132,367132,367132,367132,367138,387138,387138,387138,267-
営利/従業員(千円)9,4899,4899,4899,4899,5979,5979,5979,59710,54910,54910,54910,196-
四半期売上(百万円)
売上5y CAGR・実績:3.9 %
四半期利益(百万円)
営利5y CAGR・実績:9.5 %
純利5y CAGR・実績:15.6 %
P/L
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上439,044478,419453,339529,853437,307499,831545,375557,172446,720518,570533,130574,623-
前期比109.2%104.7%95.6%98.2%99.6%104.5%120.3%105.2%102.2%103.7%97.8%103.1%-
売上原価390,481417,579393,122465,169390,272434,883478,690481,816396,807447,119461,589511,980-
売上総利益48,56360,84060,21764,68347,03464,94866,68675,35549,91271,45271,54162,642-
%11.1%12.7%13.3%12.2%10.8%13.0%12.2%13.5%11.2%13.8%13.4%10.9%-
販管費23,66523,37223,69925,76623,95822,99525,16526,42424,51324,08725,88128,194-
営業利益24,89737,46936,51738,91723,07541,95341,52248,93025,39947,36545,66034,447-
前期比108.3%103.6%96.1%106.3%92.7%112.0%113.7%125.7%110.1%112.9%110.0%70.4%-
%5.7%7.8%8.1%7.3%5.3%8.4%7.6%8.8%5.7%9.1%8.6%6.0%-
受取利息および受取配当金2,9830003,2480003,373000-
持分法による投資利益-000-000-000-
営業外収益3,3012,1582,9471,6643,4242,7152,7961,8333,9222,1553,1571,844-
支払利息528532521516488453446449461453431455-
持分法による投資損失-000-000-000-
営業外費用1,0767036481,4925588679837871,210880-952,949-
経常利益27,12138,92538,81639,08925,94143,80143,33449,97828,11248,63948,91233,342-
固定資産売却益-531-5310-000-000-
投資有価証券売却益-2,0251,1102,985-1,48201,0577801,1441,5921,645-
特別利益802,5091,1313,038711,505521,2193,1401,1891,6111,962-
固定資産売却損-000-000-000-
投資有価証券売却損-000-000727147-1642,406-
減損損失-01,291478-000-00511-
特別損失4623021,34511,3911002533955171,163381-792,940-
税引前利益26,74041,13138,60230,73625,91245,05342,99150,67930,08949,44750,60332,364-
法人税等7,23211,45110,52613,1147,72313,22611,56715,7496,82614,16514,3689,981-
%27.0%27.8%27.3%42.7%29.8%29.4%26.9%31.1%22.7%28.6%28.4%30.8%-
当期純利益19,50729,68128,07517,62318,18931,82631,42434,93123,26335,28236,23522,382-
非支配株主に帰属する当期純利益5302716997232649241,0769505291,2031,2851,051-
親会社株主に帰属する当期純利益18,97629,41027,37716,89917,92430,90330,34833,98022,73334,08034,95021,330-
前期比119.0%114.8%94.4%70.6%94.5%105.1%110.9%201.1%126.8%110.3%115.2%62.8%-
%4.3%6.1%6.0%3.2%4.1%6.2%5.6%6.1%5.1%6.6%6.6%3.7%-
 
EBITDA148,723148,723148,723148,723152,459152,459152,459152,459173,152173,152173,152172,751169,880
EPS129.1円129.1円129.1円129.1円157.6円157.6円157.7円157.7円157.6円157.6円157.6円157.6円153.3円
BPS861.1円908.2円956.8円954.1円969.6円1,019.4円1,001.1円1,071.5円1,068.4円1,123.1円1,170.9円1,139.7円-
期初会社予想
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上高(期初予)1,915,0001,915,0001,915,0001,915,0001,970,0001,970,0001,970,0001,970,0002,030,0002,030,0002,030,0002,030,000-
対実績比22.9%47.9%71.6%99.3%22.2%47.6%75.3%103.5%22.0%47.6%73.8%102.1%-
営業利益(期初予)134,500134,500134,500134,500139,000139,000139,000139,000150,000150,000150,000150,000-
対実績比18.5%46.4%73.5%102.5%16.6%46.8%76.7%111.9%16.9%48.5%78.9%101.9%-
純利益(期初予)95,00095,00095,00095,00098,00098,00098,00098,000110,000110,000110,000110,000-
対実績比20.0%50.9%79.8%97.5%18.3%49.8%80.8%115.5%20.7%51.6%83.4%102.8%-
配当
ROEデュポン分解
β
マルチプル
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
株価1,321円1,349円1,364円1,164円1,153円1,076円994円1,114円1,061円1,076円1,217円926円-
企業価値980,7861,000,8841,026,008956,297822,575735,993730,541855,476776,078751,880853,068523,723-
時価総額948,192968,290979,097835,533827,647772,373713,602799,449761,413772,189873,377664,542-
純有利子負債32,59432,59446,911120,764-5,072-36,38016,93956,02714,665-20,309-20,309-140,819-
PER(会予)10.0倍10.2倍10.3倍8.8倍8.4倍7.9倍7.3倍8.2倍6.9倍7.0倍7.9倍6.0倍-
PBR1.5倍1.6倍1.5倍1.2倍1.2倍1.1倍1.0倍1.1倍1.0倍1.0倍1.1倍0.8倍-
PER × PBR15.3倍16.0倍15.5倍10.7倍10.2倍8.7倍7.1倍9.1倍6.9倍6.7倍8.6倍4.9倍-
EV/EBITDA(会予)6.6倍6.7倍6.9倍6.4倍5.4倍4.8倍4.8倍5.6倍4.6倍4.5倍5.1倍3.1倍-
PSR(会予)0.5倍0.5倍0.5倍0.4倍0.4倍0.4倍0.4倍0.4倍0.4倍0.4倍0.4倍0.3倍-
PCFR(会予)8.6倍8.8倍8.9倍7.6倍7.3倍6.9倍6.3倍7.1倍6.0倍6.0倍6.8倍5.1倍-
配当金---28.0円---32.0円---32.0円32.0円
配当利回り2.1%2.1%2.1%2.4%2.4%2.6%2.8%2.5%3.0%3.0%2.6%3.5%-
配当性向---21.7%---20.3%---20.3%-
自己資本配当率3.3%3.1%2.9%2.9%3.3%3.1%3.2%3.0%3.0%2.8%2.7%2.8%-
ROE15.0%14.2%13.5%13.5%16.3%15.5%15.7%14.7%14.8%14.0%13.5%13.8%-
純利益率(再掲)4.3%5.3%5.5%4.9%4.1%5.2%5.3%5.5%5.1%5.9%6.1%5.5%-
総資産回転率1.0回0.9回0.9回0.9回1.0回1.0回0.9回0.9回1.0回0.9回0.9回0.9回-
財務レバレッジ3.2倍3.2倍3.1倍3.2倍3.1倍2.9倍2.9倍3.1倍2.9倍2.7倍2.7倍2.7倍-
実質ROE14.9%14.2%13.5%13.5%16.2%15.4%15.7%14.7%14.7%14.0%13.4%13.8%-
ROIC11.5%11.1%9.6%11.0%12.6%11.7%11.3%11.3%11.4%11.1%10.7%10.8%-
ROA4.7%4.6%4.2%4.3%5.5%5.3%5.1%5.1%5.2%5.2%5.0%5.1%-
β0.570.580.450.560.300.360.610.660.670.730.750.83-
βの決定係数(R2)0.120.130.080.130.050.060.200.230.250.300.320.40-
財務レバレッジ(百万円)
利益剰余金(百万円)
設備投資(百万円)
B/S
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
流動資産
現金177,361165,142187,229190,055189,533167,065170,701168,698240,795185,718222,627315,027-
売上債権000000000000-
棚卸資産17,80217,80220,93514,43918,10410,97615,58410,45816,87914,20514,20516,257-
有価証券2,2732,2702,2424,6156,5376,7167,0266,9807,0067,0016,7777,103-
前払金-------------
繰延税金資産18,19017,68414,86320,381---------
貸倒引当金-119-133-135-160-133-147-150-150-130-128-125-118-
流動資産1,107,0811,143,0391,267,7621,228,3721,116,7131,188,7611,310,3821,282,8661,250,1061,265,2311,319,9221,333,757-
固定資産
建物・構築物93,042103,788103,085103,153102,178115,974116,994125,103124,220123,157121,670120,866-
機械・運搬具41,72342,76844,44045,70744,83948,35757,06455,74654,56558,01756,83955,274-
土地329,558326,835325,959351,060352,418354,565355,574355,925356,419357,008358,367367,701-
建設仮勘定24,30218,14121,52826,09033,03023,30115,9997,49310,36312,83417,27328,112-
有形固定資産488,854491,757495,234526,270532,716542,447545,928544,558545,869551,300554,412572,190-
のれん---354---137-----
無形固定資産5,0264,9794,9465,0384,9705,0564,9294,9975,0044,9585,7456,367-
投資有価証券368,268376,034400,212372,308377,825387,266338,700360,627340,563346,180360,734290,719-
繰延税金資産2,0201,3727476591,1731,1391,3701,761-----
貸倒引当金-247-248-230-231-228-228-650-210-208-208-208-191-
敷金および保証金-------------
投資その他の資産389,390393,229416,747389,179395,051405,428356,547382,090362,218368,845384,759317,981-
固定資産883,270889,965916,927920,488932,738952,932907,406931,646913,092925,105944,918896,539-
総資産1,990,3512,033,0052,184,6902,148,8612,049,4522,141,6942,217,7882,214,5122,163,1992,190,3362,264,8402,230,297-
 
負債
有利子負債合計209,955209,955212,053307,993184,983153,153184,004226,728183,363165,409165,409174,208-
仕入債務455,721455,721470,787475,548524,712466,672509,447528,938551,181514,699514,699536,863-
前受金-------------
未払法人税等9,26621,07110,77429,6959,56221,0235,25524,79010,77823,19310,99327,209-
繰延税金負債(固定)54,12255,38461,91154,41734,09937,52026,90130,667-----
負債1,343,7971,357,0631,472,6841,437,3361,327,3401,382,4051,469,6741,416,3621,366,4461,353,8451,392,5811,379,798-
 
純資産
資本金57,75257,75257,75257,75257,75257,75257,75257,75257,75257,75257,75257,752-
資本剰余金43,18843,79443,79443,13543,13542,54042,54042,54042,54042,82542,82542,825-
利益剰余金340,293369,703387,670404,840412,712443,615464,215498,195508,003542,125565,681587,012-
自己株式-1,966-1,936-1,938-1,929-1,930-1,835-2,131-2,132-2,132-2,121-2,123-2,121-
非支配株主持分28,45724,00225,22726,68826,13927,47429,65529,20430,02530,50931,99132,606-
純資産646,554675,941712,006711,525722,111759,289748,114798,149796,752836,491872,259850,498-
キャッシュフロー(百万円)
C/S
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
営業CF
税金等調整前当期純利益26,74067,871106,473137,20925,91270,965113,956164,63530,08979,536130,139162,503-
減価償却費-6,895-14,659-7,937-17,672-9,259-19,880-
のれん償却額-------------
減損損失-01,291478-000-00511-
受取利息及び受取配当金--4,695--9,073--4,918--9,420--5,141--9,588-
売上債権の増減額-18,748--36,264-31,368--97,996-57,524-84,441-
棚卸資産の増減額--3,422-874--2,124-3,622-393-8,421-
仕入債務の増減額--33,484-24,054--10,194-15,550--37,240--14,922-
営業CF-23,261-114,034-22,970-44,203-66,051-237,628-
投資CF
有価証券の取得0-4,3980-7,4110-7,9300-10,7820-1,6870-5,369-
有価証券の売却・償還03,755010,10803,67307,91304,045010,859-
固定資産の購入0-29,2100-71,9650-24,8380-36,5520-15,9810-47,471-
固定資産の売却04,47504,629079042302250504-
貸付け-------------
貸付金の回収-------------
投資CF--29,190--71,289--41,370--45,302--16,609--47,318-
財務CF
短期借入金の純増減額--12,028--5,963--27,369--26,640--9,222--1,700-
長期借入れ-6,000-31,000-5,200-36,354-1,010-10,212-
長期借入金の返済--7,407--17,177--8,216--20,630--9,054--17,879-
社債の発行-----10,000-20,000-10,000-10,000-
社債の償還--10,000--25,000--10,000--10,000--10,000--10,000-
自己株式の取得-------------
自己株式の売却-------------
配当金の支払--13,643--23,696--10,052--20,105--12,925--24,413-
財務CF--24,010--54,548--14,535--24,823--34,293--49,397-
換算差額-132-2,391--2,097--1,162--755-332-
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額-------------
研究開発費---10,602---12,312---13,734-
発行済株式総数717,783,668株717,813,219株717,811,812株717,820,094株717,819,189株717,909,706株717,637,959株717,637,486株717,636,948株717,647,342株717,645,863株717,647,713株-
従業員数(人)
従業員ひとりあたり営業利益(百万円)
従業員
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
従業員数---14,359人---14,739人---14,993人-
売上/従業員(千円)132,874132,874132,874132,874132,367132,367132,367132,367138,387138,387138,387138,267-
営利/従業員(千円)9,4899,4899,4899,4899,5979,5979,5979,59710,54910,54910,54910,196-