通期売上(百万円)
売上5y CAGR・予想:0.7 %
通期利益(百万円)
営利5y CAGR・予想:-8.1 %
純利5y CAGR・予想:-6.5 %
P/L
2018.32019.32020.32021.3E
売上1,830,6251,974,2692,010,7511,870,000
前期比100.5%107.8%101.8%93.0%
売上原価1,571,7011,723,0981,762,630-
売上総利益258,923251,171248,121-
%14.1%12.7%12.3%-
販管費100,550108,548116,134-
営業利益158,373142,622131,987111,000
前期比101.9%90.1%92.5%84.1%
%8.7%7.2%6.6%5.9%
受取利息および受取配当金8,3289,95511,434-
持分法による投資利益3,4213,179--
営業外収益26,76126,55221,769-
支払利息3,3493,4323,502-
持分法による投資損失----
営業外費用5,4196,2737,110-
経常利益179,716162,901146,645118,000
固定資産売却益3104,437640-
投資有価証券売却益424191855-
特別利益5,3374,6285,854-
固定資産売却損202403-
投資有価証券売却損26301,674-
減損損失6,6476614-
特別損失7,41510,0552,866-
税引前利益177,638157,474149,634-
法人税等51,08647,29645,847-
%34.5%28.8%30.6%-
当期純利益126,551110,178103,786-
非支配株主に帰属する当期純利益-226339544-
親会社株主に帰属する当期純利益126,778109,839103,24280,000
前期比120.9%86.6%94.0%77.5%
%5.8%6.9%5.1%4.3%
 
EBITDA174,735177,752151,949140,962
EPS244.3円211.7円201.4円185.3円
BPS1,283.4円1,451.7円1,544.7円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)1,830,0002,000,0002,040,0001,870,000
対実績比100.0%98.7%98.6%-
営業利益(期初予)106,000108,000118,500111,000
対実績比149.4%132.1%111.4%-
純利益(期初予)82,00082,00090,00080,000
対実績比154.6%134.0%114.7%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価1,974円1,634円1,109円-
企業価値1,078,363866,066632,370-
時価総額1,024,438847,898568,449-
純有利子負債53,92518,16863,921-
PER(会予)9.5倍8.7倍6.0倍-
PBR1.6倍1.2倍0.7倍-
PER × PBR15.2倍10.4倍4.3倍-
EV/EBITDA(会予)6.9倍6.2倍4.5倍-
PSR(会予)0.6倍0.4倍0.3倍-
PCFR(会予)8.0倍7.3倍4.9倍-
配当金48.0円50.0円50.0円50.0円
配当利回り2.0%2.9%4.5%-
配当性向19.6%23.6%24.8%-
自己資本配当率1.9%2.6%3.2%-
ROE19.0%14.6%13.0%-
純利益率(再掲)6.9%5.6%5.1%-
総資産回転率0.9回0.9回0.9回-
財務レバレッジ3.0倍2.7倍2.7倍-
実質ROE18.8%14.5%12.8%-
ROIC10.6%9.1%7.7%-
ROA6.1%5.3%4.8%-
β0.640.650.74-
βの決定係数(R2)0.180.210.35-
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394,550322,658262,963-
売上債権000-
棚卸資産67,08579,10462,817-
有価証券187422110-
前払金----
繰延税金資産36,251---
貸倒引当金-853-841-855-
流動資産1,330,1131,322,3971,349,264-
固定資産
建物・構築物134,904122,349117,412-
機械・運搬具17,08916,94317,526-
土地182,701178,077223,651-
建設仮勘定3,52611,75326,165-
有形固定資産340,929331,699391,049-
のれん--1,447-
無形固定資産10,54111,66111,548-
投資有価証券294,485326,255309,623-
繰延税金資産1,8014,022--
貸倒引当金-7,615-3,705-3,503-
敷金および保証金----
投資その他の資産392,599425,416420,246-
固定資産744,069768,778822,843-
総資産2,074,1822,091,1752,172,108-
 
負債
有利子負債合計308,162268,965326,884-
仕入債務472,474483,419520,653-
前受金----
未払法人税等28,78617,66530,597-
繰延税金負債(固定)23,8691,963--
負債1,404,3871,334,2511,376,088-
 
純資産
資本金81,44781,44781,447-
資本剰余金45,30443,26743,367-
利益剰余金424,194507,094583,303-
自己株式-6,567-6,641-16,420-
非支配株主持分3,7743,6464,233-
純資産669,795756,924796,020-
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177,638157,474149,634-
減価償却費19,37919,16619,962-
のれん償却額----
減損損失6,6476614-
受取利息及び受取配当金-8,328-9,955-11,434-
売上債権の増減額-13,954-79,360-33,297-
棚卸資産の増減額-4,421-10319,481-
仕入債務の増減額-9,26625,373-8,691-
営業CF120,47930,39053,061-
投資CF
有価証券の取得-4,804-15,600-14,595-
有価証券の売却・償還000-
固定資産の購入-14,812-26,176-83,857-
固定資産の売却1,20022,5445,522-
貸付け----
貸付金の回収----
投資CF-47,354-25,346-101,813-
財務CF
短期借入金の純増減額2,25518,69814,950-
長期借入れ20,84015,36324,760-
長期借入金の返済-26,878-22,719-30,833-
社債の発行10,000-10,000-
社債の償還-20,000-30,000--
自己株式の取得---10,007-
自己株式の売却----
配当金の支払-23,873-26,984-26,306-
財務CF-53,099-75,007-10,866-
換算差額1,850-3,933-186-
その他
2018.32019.32020.32021.3E
設備投資額-28,40086,300-
研究開発費----
発行済株式総数518,958,606株518,907,211株512,578,153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17,730人18,297人18,673人-
売上/従業員(千円)110,937103,250107,682-
営利/従業員(千円)9,4628,9327,068-
四半期売上(百万円)
売上5y CAGR・予想:0.7 %
四半期利益(百万円)
営利5y CAGR・予想:-8.1 %
純利5y CAGR・予想:-6.5 %
P/L
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上400,828822,7311,331,4661,830,625416,985897,7671,405,2081,974,269427,211947,1981,437,4292,010,7511,870,000
前期比102.6%101.2%107.6%100.5%104.0%109.1%105.5%107.8%102.5%105.5%102.3%101.8%93.0%
売上原価335,289699,6461,143,7891,571,701362,149786,6131,231,1741,723,098381,309834,1111,270,9761,762,630-
売上総利益65,538123,085187,676258,92354,836111,153174,033251,17145,901113,086166,452248,121-
%16.4%15.0%14.1%14.1%13.2%12.4%12.4%12.7%10.7%11.9%11.6%12.3%-
販管費21,59946,25270,632100,55024,29050,52077,815108,54826,47653,34481,680116,134-
営業利益43,93876,832117,044158,37330,54560,63296,218142,62219,42459,74184,772131,987111,000
前期比144.7%104.2%115.4%101.9%69.5%78.9%82.2%90.1%63.6%98.5%88.1%92.5%84.1%
%11.0%9.3%8.8%8.7%7.3%6.8%6.8%7.2%4.5%6.3%5.9%6.6%5.9%
受取利息および受取配当金2,1903,0344,8458,3282,9163,7425,6689,9552,5895,5348,94811,434-
持分法による投資利益---3,421---3,179-----
営業外収益5,64810,67817,40726,7614,82914,62620,32526,5526,2799,11514,26521,769-
支払利息7841,6362,4993,3498151,6702,5623,4329251,8222,7313,502-
持分法による投資損失--------1,419----
営業外費用1,3793,1773,7905,4191,2413,1344,3786,2732,9523,7874,9317,110-
経常利益48,20784,333130,661179,71634,13372,125112,165162,90122,75165,06994,107146,645118,000
固定資産売却益62--3103,6863,7733,7994,437---640-
投資有価証券売却益395--42401920191---855-
特別利益4584,8915,3055,3373,6863,7933,8194,6283,6674,8975,0205,854-
固定資産売却損---20232238240240---3-
投資有価証券売却損---2---630---1,674-
減損損失-544076,647---66---14-
特別損失262646577,41528240155310,0551103668652,866-
税引前利益48,63888,960135,309177,63837,53775,517115,432157,47426,30869,60198,261149,634-
法人税等14,49624,59038,28351,08610,11620,72532,90647,2967,14819,60928,78045,847-
%34.5%34.5%34.5%34.5%28.8%28.8%28.8%28.8%30.0%30.0%30.0%30.6%-
当期純利益34,14264,37097,025126,55127,42054,79182,525110,17819,15949,99169,481103,786-
非支配株主に帰属する当期純利益107-1-4-226-104268532339237180174544-
親会社株主に帰属する当期純利益34,03464,37197,030126,77827,52554,52381,992109,83918,92249,81069,306103,24280,000
前期比165.6%126.4%135.6%120.9%80.9%84.7%84.5%86.6%68.7%91.4%84.5%94.0%77.5%
%5.8%5.8%5.8%5.8%6.9%6.9%6.9%6.9%5.6%5.6%5.6%5.1%4.3%
 
EBITDA174,735174,735174,735174,735177,752177,752177,752177,752161,788161,788161,788151,949140,962
EPS244.3円244.3円244.3円244.3円211.7円211.7円211.7円211.7円201.5円201.4円201.4円201.4円185.3円
BPS1,111.8円1,165.1円1,232.1円1,283.4円1,308.3円1,380.4円1,375.7円1,451.7円1,439.1円1,502.2円1,521.3円1,544.7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)1,830,0001,830,0001,830,0001,830,0002,000,0002,000,0002,000,0002,000,0002,040,0002,040,0002,040,0002,040,0001,870,000
対実績比21.9%45.0%72.8%100.0%20.8%44.9%70.3%98.7%20.9%46.4%70.5%98.6%-
営業利益(期初予)106,000106,000106,000106,000108,000108,000108,000108,000118,500118,500118,500118,500111,000
対実績比41.5%72.5%110.4%149.4%28.3%56.1%89.1%132.1%16.4%50.4%71.5%111.4%-
純利益(期初予)82,00082,00082,00082,00082,00082,00082,00082,00090,00090,00090,00090,00080,000
対実績比41.5%78.5%118.3%154.6%33.6%66.5%100.0%134.0%21.0%55.3%77.0%114.7%-
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1,896円2,236円2,168円1,974円1,716円1,651円1,478円1,634円1,478円1,417円1,458円1,109円-
企業価値852,0761,028,5301,042,3911,078,363840,814689,208657,720866,066742,989795,279816,294632,370-
時価総額983,9931,160,4471,125,1371,024,438890,533856,795766,956847,898766,945726,328747,343568,449-
純有利子負債-131,917-131,917-82,74653,925-49,719-167,587-109,23618,168-23,95668,95168,95163,921-
PER(会予)12.0倍14.2倍10.4倍9.5倍10.9倍10.4倍7.9倍8.7倍8.5倍8.1倍7.9倍6.0倍-
PBR1.7倍2.0倍1.9倍1.6倍1.3倍1.3倍1.1倍1.2倍1.0倍0.9倍1.0倍0.7倍-
PER × PBR20.5倍28.5倍19.4倍15.2倍14.5倍13.2倍8.5倍10.4倍8.7倍7.6倍7.6倍4.3倍-
EV/EBITDA(会予)6.8倍8.2倍6.7倍6.9倍6.6倍5.4倍4.7倍6.2倍5.4倍5.8倍5.8倍4.5倍-
PSR(会予)0.5倍0.6倍0.6倍0.6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)9.7倍11.5倍8.8倍8.0倍8.8倍8.5倍6.6倍7.3倍7.0倍6.7倍6.5倍4.9倍-
配当金---48.0円---50.0円---50.0円50.0円
配当利回り2.1%1.8%1.8%2.0%2.8%2.9%3.2%2.9%3.4%3.5%3.4%4.5%-
配当性向---19.6%---23.6%---24.8%-
自己資本配当率2.2%2.1%1.9%1.9%2.9%2.8%2.8%2.6%3.5%3.3%3.3%3.2%-
ROE22.0%21.0%19.8%19.0%16.2%15.3%15.4%14.6%14.0%13.4%13.2%13.0%-
純利益率(再掲)8.5%7.8%7.3%6.9%6.6%6.1%5.8%5.6%4.4%5.3%4.8%5.1%-
総資産回転率0.9回0.9回1.0回0.9回1.0回1.0回1.0回0.9回1.0回1.0回0.9回0.9回-
財務レバレッジ3.3倍3.3倍3.2倍3.0倍3.1倍3.0倍2.8倍2.7倍2.8倍2.7倍2.7倍2.7倍-
実質ROE21.7%20.7%19.6%18.8%16.0%15.2%15.2%14.5%13.7%13.1%13.0%12.8%-
ROIC12.3%12.0%11.3%10.6%9.6%9.6%9.7%9.1%8.7%8.0%7.4%7.7%-
ROA6.6%6.5%6.7%6.1%5.5%5.6%5.6%5.3%5.1%5.0%4.7%4.8%-
β0.640.620.530.640.500.510.670.650.650.720.770.74-
βの決定係数(R2)0.170.160.120.180.110.110.220.210.220.270.310.35-
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430,201368,904254,237394,550479,176385,090250,797322,658350,105232,584202,654262,963-
売上債権000000000000-
棚卸資産66,08266,08265,85167,08571,24071,68972,29579,10468,13674,58674,58662,817-
有価証券---187---422---110-
前払金-------------
繰延税金資産---36,251---------
貸倒引当金-1,594-1,132-819-853-890-974-1,179-841-863-826-797-855-
流動資産1,235,1331,232,9441,182,3431,330,1131,260,0041,212,5741,203,8261,322,3971,267,6201,265,1791,363,2551,349,264-
固定資産
建物・構築物---134,904---122,349---117,412-
機械・運搬具---17,089---16,943---17,526-
土地---182,701---178,077-222,924223,438223,651-
建設仮勘定---3,526---11,753---26,165-
有形固定資産349,715348,221346,882340,929322,337322,792324,863331,699330,513380,850382,868391,049-
のれん-----------1,447-
無形固定資産8,20210,21910,33510,54111,74911,66011,89311,66111,33210,91710,82311,548-
投資有価証券280,176282,174294,740294,485311,200324,300292,528326,255315,595338,022346,662309,623-
繰延税金資産---1,801---4,022-----
貸倒引当金-9,821-8,556-8,323-7,615-7,586-3,603-3,439-3,705-3,612-3,560-3,520-3,503-
敷金および保証金-------------
投資その他の資産339,436347,095362,405392,599409,137428,484404,978425,416401,581425,085436,444420,246-
固定資産697,353705,536719,623744,069743,224762,936741,735768,778743,426816,852830,136822,843-
総資産1,932,4871,938,4801,901,9672,074,1822,003,2291,975,5111,945,5612,091,1752,011,0472,082,0322,193,3912,172,108-
 
負債
有利子負債合計298,284298,284286,158308,162344,831311,589275,854268,965298,702301,535301,535326,884-
仕入債務472,038472,038461,086472,474509,027476,308476,038483,419530,420496,621496,621520,653-
前受金-------------
未払法人税等---28,786-20,935-17,665---30,597-
繰延税金負債(固定)---23,869---1,963-----
負債1,351,9661,330,1231,258,8431,404,3871,320,7291,255,7991,228,0991,334,2511,270,1181,308,6081,410,1061,376,088-
 
純資産
資本金81,44781,44781,44781,44781,44781,44781,44781,44781,44781,44781,44781,447-
資本剰余金45,30445,30445,30445,30444,87444,87444,87443,26743,26743,36743,36743,367-
利益剰余金340,443370,818392,519424,194437,189464,213479,241507,094511,799542,687549,369583,303-
自己株式-6,513-6,531-6,552-6,567-6,574-6,629-6,638-6,641-16,643-16,416-16,419-16,420-
非支配株主持分3,5093,6803,7103,7743,5333,3803,6153,6463,5893,4403,4744,233-
純資産580,521608,357643,124669,795682,499719,712717,462756,924740,929773,423783,285796,020-
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48,63888,960135,309177,63837,53775,517115,432157,47426,30869,60198,261149,634-
減価償却費-9,355-19,379-9,218-19,166-9,693-19,962-
のれん償却額-------------
減損損失-544076,647---66---14-
受取利息及び受取配当金--4,290--8,328--5,457--9,955--5,535--11,434-
売上債権の増減額-103,493--13,954-114,919--79,360-5,703--33,297-
棚卸資産の増減額-1,087--4,421--2,253--103-1,742-19,481-
仕入債務の増減額--55,717--9,266--29,423-25,373--31,766--8,691-
営業CF-102,196-120,479-73,193-30,390-3,640-53,061-
投資CF
有価証券の取得0-3350-4,8040-5,8480-15,6000-9,1880-14,595-
有価証券の売却・償還000000000000-
固定資産の購入0-6,6940-14,8120-6,8730-26,1760-64,2760-83,857-
固定資産の売却038201,200018,861022,54404,88305,522-
貸付け-------------
貸付金の回収-------------
投資CF--5,255--47,354-4,825--25,346--71,608--101,813-
財務CF
短期借入金の純増減額--872-2,255-15,777-18,698-1,895-14,950-
長期借入れ-4,170-20,840-3,641-15,363-6,204-24,760-
長期借入金の返済--3,661--26,878--5,961--22,719--11,183--30,833-
社債の発行-10,000-10,000-------10,000-
社債の償還--20,000--20,000--20,000--30,000-----
自己株式の取得----------10,003--10,007-
自己株式の売却-------------
配当金の支払--13,493--23,873--14,530--26,984--13,491--26,306-
財務CF--99,760--53,099--83,670--75,007--20,033--10,866-
換算差額--735-1,850--3,543--3,933--1,443--186-
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額-------28,400---86,300-
研究開発費-------------
発行済株式総数518,983,606株518,974,617株518,965,441株518,958,606株518,954,939株518,915,074株518,909,437株518,907,211株512,363,810株512,581,242株512,579,366株512,578,153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---17,730人---18,297人---18,673人-
売上/従業員(千円)110,937110,937110,937110,937103,250103,250103,250103,250107,901107,901107,901107,682-
営利/従業員(千円)9,4629,4629,4629,4628,9328,9328,9328,9327,7957,7957,7957,068-
四半期売上(百万円)
売上5y CAGR・予想:0.7 %
四半期利益(百万円)
営利5y CAGR・予想:-8.1 %
純利5y CAGR・予想:-6.5 %
P/L
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上400,828421,903508,735499,159416,985480,782507,441569,061427,211519,987490,231573,3221,870,000
前期比102.6%99.8%120.0%85.4%104.0%114.0%99.7%114.0%102.5%108.2%96.6%100.7%93.0%
売上原価335,289364,357444,143427,912362,149424,464444,561491,924381,309452,802436,865491,654-
売上総利益65,53857,54764,59171,24754,83656,31762,88077,13845,90167,18553,36681,669-
%16.4%13.6%12.7%14.3%13.2%11.7%12.4%13.6%10.7%12.9%10.9%14.2%-
販管費21,59924,65324,38029,91824,29026,23027,29530,73326,47626,86828,33634,454-
営業利益43,93832,89440,21241,32930,54530,08735,58646,40419,42440,31725,03147,215111,000
前期比144.7%75.8%145.6%76.5%69.5%91.5%88.5%112.3%63.6%134.0%70.3%101.7%84.1%
%11.0%7.8%7.9%8.3%7.3%6.3%7.0%8.2%4.5%7.8%5.1%8.2%5.9%
受取利息および受取配当金-000-000-000-
持分法による投資利益-003,421-003,179-000-
営業外収益5,6485,0306,7299,3544,8299,7975,6996,2276,2792,8365,1507,504-
支払利息784852863850815855892870925897909771-
持分法による投資損失-000-0001,419-1,41900-
営業外費用1,3791,7986131,6291,2411,8931,2441,8952,9528351,1442,179-
経常利益48,20736,12646,32849,05534,13337,99240,04050,73622,75142,31829,03852,538118,000
固定資産売却益62-6203103,6868726638-00640-
投資有価証券売却益395-39504240191171-00855-
特別利益4584,433414323,686107268093,6671,230123834-
固定資産売却損-0020232620-003-
投資有価証券売却損-002-00630-001,674-
減損損失-543536,240-0066-0014-
特別損失262383936,7582821191529,5021102564992,001-
税引前利益48,63840,32246,34942,32937,53737,98039,91542,04226,30843,29328,66051,373-
法人税等14,49610,09413,69312,80310,11610,60912,18114,3907,14812,4619,17117,067-
%29.8%25.0%29.5%30.2%26.9%27.9%30.5%34.2%27.2%28.8%32.0%33.2%-
当期純利益34,14230,22832,65529,52627,42027,37127,73427,65319,15930,83219,49034,305-
非支配株主に帰属する当期純利益107-108-3-222-104372264-193237-57-6370-
親会社株主に帰属する当期純利益34,03430,33732,65929,74827,52526,99827,46927,84718,92230,88819,49633,93680,000
前期比165.6%99.9%158.4%89.3%80.9%89.0%84.1%93.6%68.7%114.4%71.0%121.9%77.5%
%8.5%7.2%6.4%6.0%6.6%5.6%5.4%4.9%4.4%5.9%4.0%5.9%4.3%
 
EBITDA174,735174,735174,735174,735177,752177,752177,752177,752161,788161,788161,788151,949140,962
EPS244.3円244.3円244.3円244.3円211.7円211.7円211.7円211.7円201.5円201.4円201.4円201.4円185.3円
BPS1,111.8円1,165.1円1,232.1円1,283.4円1,308.3円1,380.4円1,375.7円1,451.7円1,439.1円1,502.2円1,521.3円1,544.7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)1,830,0001,830,0001,830,0001,830,0002,000,0002,000,0002,000,0002,000,0002,040,0002,040,0002,040,0002,040,0001,870,000
対実績比21.9%45.0%72.8%100.0%20.8%44.9%70.3%98.7%20.9%46.4%70.5%98.6%-
営業利益(期初予)106,000106,000106,000106,000108,000108,000108,000108,000118,500118,500118,500118,500111,000
対実績比41.5%72.5%110.4%149.4%28.3%56.1%89.1%132.1%16.4%50.4%71.5%111.4%-
純利益(期初予)82,00082,00082,00082,00082,00082,00082,00082,00090,00090,00090,00090,00080,000
対実績比41.5%78.5%118.3%154.6%33.6%66.5%100.0%134.0%21.0%55.3%77.0%114.7%-
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1,896円2,236円2,168円1,974円1,716円1,651円1,478円1,634円1,478円1,417円1,458円1,109円-
企業価値852,0761,028,5301,042,3911,078,363840,814689,208657,720866,066742,989795,279816,294632,370-
時価総額983,9931,160,4471,125,1371,024,438890,533856,795766,956847,898766,945726,328747,343568,449-
純有利子負債-131,917-131,917-82,74653,925-49,719-167,587-109,23618,168-23,95668,95168,95163,921-
PER(会予)12.0倍14.2倍10.4倍9.5倍10.9倍10.4倍7.9倍8.7倍8.5倍8.1倍7.9倍6.0倍-
PBR1.7倍2.0倍1.9倍1.6倍1.3倍1.3倍1.1倍1.2倍1.0倍0.9倍1.0倍0.7倍-
PER × PBR20.5倍28.5倍19.4倍15.2倍14.5倍13.2倍8.5倍10.4倍8.7倍7.6倍7.6倍4.3倍-
EV/EBITDA(会予)6.8倍8.2倍6.7倍6.9倍6.6倍5.4倍4.7倍6.2倍5.4倍5.8倍5.8倍4.5倍-
PSR(会予)0.5倍0.6倍0.6倍0.6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)9.7倍11.5倍8.8倍8.0倍8.8倍8.5倍6.6倍7.3倍7.0倍6.7倍6.5倍4.9倍-
配当金---48.0円---50.0円---50.0円50.0円
配当利回り2.1%1.8%1.8%2.0%2.8%2.9%3.2%2.9%3.4%3.5%3.4%4.5%-
配当性向---19.6%---23.6%---24.8%-
自己資本配当率2.2%2.1%1.9%1.9%2.9%2.8%2.8%2.6%3.5%3.3%3.3%3.2%-
ROE22.0%21.0%19.8%19.0%16.2%15.3%15.4%14.6%14.0%13.4%13.2%13.0%-
純利益率(再掲)8.5%7.8%7.3%6.9%6.6%6.1%5.8%5.6%4.4%5.3%4.8%5.1%-
総資産回転率0.9回0.9回1.0回0.9回1.0回1.0回1.0回0.9回1.0回1.0回0.9回0.9回-
財務レバレッジ3.3倍3.3倍3.2倍3.0倍3.1倍3.0倍2.8倍2.7倍2.8倍2.7倍2.7倍2.7倍-
実質ROE21.7%20.7%19.6%18.8%16.0%15.2%15.2%14.5%13.7%13.1%13.0%12.8%-
ROIC12.3%12.0%11.3%10.6%9.6%9.6%9.7%9.1%8.7%8.0%7.4%7.7%-
ROA6.6%6.5%6.7%6.1%5.5%5.6%5.6%5.3%5.1%5.0%4.7%4.8%-
β0.640.620.530.640.500.510.670.650.650.720.770.74-
βの決定係数(R2)0.170.160.120.180.110.110.220.210.220.270.310.35-
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430,201368,904254,237394,550479,176385,090250,797322,658350,105232,584202,654262,963-
売上債権000000000000-
棚卸資産66,08266,08265,85167,08571,24071,68972,29579,10468,13674,58674,58662,817-
有価証券---187---422---110-
前払金-------------
繰延税金資産---36,251---------
貸倒引当金-1,594-1,132-819-853-890-974-1,179-841-863-826-797-855-
流動資産1,235,1331,232,9441,182,3431,330,1131,260,0041,212,5741,203,8261,322,3971,267,6201,265,1791,363,2551,349,264-
固定資産
建物・構築物---134,904---122,349---117,412-
機械・運搬具---17,089---16,943---17,526-
土地---182,701---178,077-222,924223,438223,651-
建設仮勘定---3,526---11,753---26,165-
有形固定資産349,715348,221346,882340,929322,337322,792324,863331,699330,513380,850382,868391,049-
のれん-----------1,447-
無形固定資産8,20210,21910,33510,54111,74911,66011,89311,66111,33210,91710,82311,548-
投資有価証券280,176282,174294,740294,485311,200324,300292,528326,255315,595338,022346,662309,623-
繰延税金資産---1,801---4,022-----
貸倒引当金-9,821-8,556-8,323-7,615-7,586-3,603-3,439-3,705-3,612-3,560-3,520-3,503-
敷金および保証金-------------
投資その他の資産339,436347,095362,405392,599409,137428,484404,978425,416401,581425,085436,444420,246-
固定資産697,353705,536719,623744,069743,224762,936741,735768,778743,426816,852830,136822,843-
総資産1,932,4871,938,4801,901,9672,074,1822,003,2291,975,5111,945,5612,091,1752,011,0472,082,0322,193,3912,172,108-
 
負債
有利子負債合計298,284298,284286,158308,162344,831311,589275,854268,965298,702301,535301,535326,884-
仕入債務472,038472,038461,086472,474509,027476,308476,038483,419530,420496,621496,621520,653-
前受金-------------
未払法人税等---28,786-20,935-17,665---30,597-
繰延税金負債(固定)---23,869---1,963-----
負債1,351,9661,330,1231,258,8431,404,3871,320,7291,255,7991,228,0991,334,2511,270,1181,308,6081,410,1061,376,088-
 
純資産
資本金81,44781,44781,44781,44781,44781,44781,44781,44781,44781,44781,44781,447-
資本剰余金45,30445,30445,30445,30444,87444,87444,87443,26743,26743,36743,36743,367-
利益剰余金340,443370,818392,519424,194437,189464,213479,241507,094511,799542,687549,369583,303-
自己株式-6,513-6,531-6,552-6,567-6,574-6,629-6,638-6,641-16,643-16,416-16,419-16,420-
非支配株主持分3,5093,6803,7103,7743,5333,3803,6153,6463,5893,4403,4744,233-
純資産580,521608,357643,124669,795682,499719,712717,462756,924740,929773,423783,285796,020-
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48,63888,960135,309177,63837,53775,517115,432157,47426,30869,60198,261149,634-
減価償却費-9,355-19,379-9,218-19,166-9,693-19,962-
のれん償却額-------------
減損損失-543536,240-0066-0014-
受取利息及び受取配当金--4,290--8,328--5,457--9,955--5,535--11,434-
売上債権の増減額-103,493--13,954-114,919--79,360-5,703--33,297-
棚卸資産の増減額-1,087--4,421--2,253--103-1,742-19,481-
仕入債務の増減額--55,717--9,266--29,423-25,373--31,766--8,691-
営業CF-102,196-120,479-73,193-30,390-3,640-53,061-
投資CF
有価証券の取得0-3350-4,8040-5,8480-15,6000-9,1880-14,595-
有価証券の売却・償還000000000000-
固定資産の購入0-6,6940-14,8120-6,8730-26,1760-64,2760-83,857-
固定資産の売却038201,200018,861022,54404,88305,522-
貸付け-------------
貸付金の回収-------------
投資CF--5,255--47,354-4,825--25,346--71,608--101,813-
財務CF
短期借入金の純増減額--872-2,255-15,777-18,698-1,895-14,950-
長期借入れ-4,170-20,840-3,641-15,363-6,204-24,760-
長期借入金の返済--3,661--26,878--5,961--22,719--11,183--30,833-
社債の発行-10,000-10,000-------10,000-
社債の償還--20,000--20,000--20,000--30,000-----
自己株式の取得----------10,003--10,007-
自己株式の売却-------------
配当金の支払--13,493--23,873--14,530--26,984--13,491--26,306-
財務CF--99,760--53,099--83,670--75,007--20,033--10,866-
換算差額--735-1,850--3,543--3,933--1,443--186-
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額-------28,400---86,300-
研究開発費-------------
発行済株式総数518,983,606株518,974,617株518,965,441株518,958,606株518,954,939株518,915,074株518,909,437株518,907,211株512,363,810株512,581,242株512,579,366株512,578,153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---17,730人---18,297人---18,673人-
売上/従業員(千円)110,937110,937110,937110,937103,250103,250103,250103,250107,901107,901107,901107,682-
営利/従業員(千円)9,4629,4629,4629,4628,9328,9328,9328,9327,7957,7957,7957,068-