通期売上(百万円)
通期利益(百万円)
P/L2017.32018.32019.32020.3
売上422,722429,026510,436509,500
前期比85.8%101.5%119.0%99.8%
売上原価369,779368,684443,327-
売上総利益52,94260,34167,109-
%12.5%12.5%14.1%-
販管費27,94429,87832,591-
営業利益24,99830,46334,51831,700
前期比115.6%121.9%113.3%91.8%
%5.9%5.9%7.1%6.2%
受取利息および受取配当金2,8113,0733,297-
持分法による投資利益----
営業外収益3,3323,6494,030-
支払利息875823779-
持分法による投資損失----
営業外費用1,1331,0751,055-
経常利益27,19733,03737,49334,300
固定資産売却益42425-
投資有価証券売却益2,3292,9913,060-
特別利益2,4513,2843,124-
固定資産売却損0---
投資有価証券売却損4---
減損損失913-1,658-
特別損失1,2864882,276-
税引前利益28,36235,83438,341-
法人税等-13,89810,28812,546-
%-49.0%-49.0%28.7%-
当期純利益42,26125,54525,794-
非支配株主に帰属する当期純利益16990199-
親会社株主に帰属する当期純利益42,09125,45525,59524,000
前期比210.0%60.5%100.5%93.8%
%10.0%10.0%5.9%4.7%
 
EBITDA26,73426,73432,33733,047
EPS137.1円82.6円83.5円74.4円
BPS729.3円799.1円808.8円-
期初会社予想2017.32018.32019.32020.3
売上高(期初予)445,000437,000514,000509,500
対実績比95.0%98.2%99.3%-
営業利益(期初予)18,50019,00031,00031,700
対実績比135.1%160.3%111.3%-
純利益(期初予)17,30014,00022,30024,000
対実績比243.3%181.8%114.8%-
配当
ROEデュポン分解
マルチプル2017.32018.32019.32020.3
企業価値209,625253,075253,101-
時価総額205,735237,566208,479-
純有利子負債3,89015,50944,622-
PER(会予)8.8倍12.0倍9.1倍-
PBR0.9倍1.0倍0.8倍-
PER × PBR8.0倍11.6倍7.6倍-
EV/EBITDA(会予)8.5倍9.5倍7.8倍-
PSR(会予)0.5倍0.6倍0.4倍-
PCFR(会予)8.2倍11.0倍8.4倍-
配当金15.0円20.0円20.0円22.0円
配当利回り2.2%2.6%2.9%-
配当性向10.9%24.2%24.0%-
自己資本配当率2.1%2.5%2.5%-
ROE18.8%10.3%10.3%-
%10.0%10.0%5.9%4.7%
総資産回転率0.8回0.8回0.9回-
財務レバレッジ2.4倍2.2倍2.4倍-
実質ROE18.1%10.0%9.9%-
ROIC13.2%6.2%6.2%-
ROA7.8%4.7%4.3%-
自己資本比率(%)
利益剰余金(百万円)
有利子負債(百万円)
B/S2017.32018.32019.32020.3
流動資産
現金66,38680,59797,450-
売上債権000-
棚卸資産7,9747,4599,146-
有価証券24,74920,029--
前払金----
繰延税金資産4,1785,846--
貸倒引当金-1,200-1,071-1,548-
流動資産267,538279,802364,835-
固定資産
建物・構築物14,13517,06718,953-
機械・運搬具5854,4452,807-
土地70,00171,67082,199-
建設仮勘定4,3002,1115,420-
有形固定資産89,12595,386109,434-
のれん-658589-
無形固定資産6,8788,9427,962-
投資有価証券168,738174,775178,643-
繰延税金資産154323582-
貸倒引当金-131-262-234-
敷金および保証金----
投資その他の資産173,041179,862185,489-
固定資産269,044284,191302,886-
総資産536,582563,994667,722-
 
負債
有利子負債合計70,27679,889106,821-
仕入債務100,36672,86475,834-
前受金----
未払法人税等3,5233,7239,882-
繰延税金負債(固定)13,30223,02318,424-
負債309,687314,600398,529-
 
純資産
資本金23,00123,00123,001-
資本剰余金25,68225,68125,743-
利益剰余金116,816136,336155,875-
自己株式-8,233-9,437-9,438-
非支配株主持分2,9373,0783,035-
総資産226,895249,394269,193-
キャッシュフロー(百万円)
研究開発費(百万円)
C/S2017.32018.32019.32020.3
営業CF
税金等調整前当期純利益28,36235,83438,341-
減価償却費1,7361,8402,178-
のれん償却額-34169-
減損損失913-1,658-
受取利息及び受取配当金-2,812-3,074-3,298-
売上債権の増減額78,090-2,266-90,392-
棚卸資産の増減額1,2761,597160-
仕入債務の増減額-49,273-11,80425,753-
営業CF58,87419,331-28,384-
投資CF
有価証券の取得-3,203-5,051-7,326-
有価証券の売却・償還5,3936,9797,452-
固定資産の購入-11,705-8,678-23,471-
固定資産の売却53825-
貸付け----
貸付金の回収----
投資CF-9,797-7,812-24,475-
財務CF
短期借入金の純増減額-6,1591201,520-
長期借入れ5,4305,2204,890-
長期借入金の返済-8,714-10,140-6,161-
社債の発行-10,0005,000-
社債の償還----
自己株式の取得-16-2,530-5-
自己株式の売却----
配当金の支払-3,070-4,612-6,140-
財務CF-12,608-2,01549,047-
換算差額-13335-150-
その他2017.32018.32019.32020.3
設備投資額----
研究開発費----
発行済株式総数307,067,021株308,126,572株306,586,291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2017.32018.32019.32020.3
従業員数4,872人4,994人5,296人-
売上/従業員(千円)86,76686,76685,908-
営利/従業員(千円)5,1315,1316,100-
四半期売上(百万円)
四半期利益(百万円)
P/L16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
売上422,72290,746181,696289,657429,02690,236203,046327,821510,436119,857235,365369,924509,500
前期比85.8%21.5%43.0%68.5%101.5%21.0%47.3%76.4%119.0%23.5%46.1%72.5%99.8%
売上原価369,77977,457155,759248,695368,68479,715177,832287,479443,327104,057203,895321,590-
売上総利益52,94213,28825,93740,96160,34110,52125,21340,34267,10915,80031,46948,334-
%12.5%12.5%12.5%12.5%12.5%14.1%14.1%14.1%14.1%13.1%13.1%13.1%-
販管費27,9446,40013,63520,65029,8786,98414,90823,13632,5917,39515,92524,826-
営業利益24,9986,88712,30120,31030,4633,53710,30417,20534,5188,40415,54423,50731,700
前期比115.6%27.6%49.2%81.2%121.9%11.6%33.8%56.5%113.3%24.3%45.0%68.1%91.8%
%5.9%5.9%5.9%5.9%5.9%7.1%7.1%7.1%7.1%6.8%6.8%6.8%6.2%
受取利息および受取配当金2,8111,2571,5872,7703,0731,3711,7313,0173,2971,5172,0433,408-
持分法による投資利益-------------
営業外収益3,3321,3261,7413,0223,6491,4701,9813,3904,0301,6002,2813,748-
支払利息875177418616823166366541779168411631-
持分法による投資損失-------------
営業外費用1,1332164797911,0752084236941,0552569141,196-
経常利益27,1977,99613,56322,54033,0374,79911,86219,90137,4939,74916,91126,05934,300
固定資産売却益4--2424---25----
投資有価証券売却益2,3293161,4961,7612,9915269211,8493,0601734521,247-
特別利益2,4513241,7322,0193,2845269221,9023,1243641,6482,448-
固定資産売却損0------------
投資有価証券売却損4131------106118115-
減損損失913-------1,658----
特別損失1,2861892684024881273514812,276134366677-
税引前利益28,3628,13115,02724,15735,8345,19812,43421,32238,3419,97918,19427,830-
法人税等-13,8982,6254,7787,81810,2881,7184,0286,91712,5463,1635,8418,999-
%-49.0%-49.0%-49.0%-49.0%-49.0%28.7%28.7%28.7%28.7%32.7%32.7%32.7%-
当期純利益42,2615,50510,24916,33825,5453,4808,40514,40525,7946,81612,35318,831-
非支配株主に帰属する当期純利益16930-209066143149199466693-
親会社株主に帰属する当期純利益42,0915,50210,24816,35825,4553,4138,26214,25525,5956,76912,28618,73724,000
前期比210.0%13.1%24.3%38.9%60.5%13.4%32.5%56.0%100.5%26.4%48.0%73.2%93.8%
%10.0%10.0%10.0%10.0%10.0%5.9%5.9%5.9%5.9%5.0%5.0%5.0%4.7%
 
EBITDA26,73426,73426,73426,73426,73432,33732,33732,33732,33736,86536,86536,86533,047
EPS137.1円82.9円82.9円82.2円82.6円83.0円83.5円83.5円83.5円83.5円83.5円83.5円74.4円
BPS729.3円752.5円752.5円760.5円799.1円803.4円816.7円851.9円808.8円868.1円872.1円872.1円-
期初会社予想16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
売上高(期初予)445,000437,000437,000437,000437,000514,000514,000514,000514,000520,000520,000520,000509,500
対実績比95.0%20.8%41.6%66.3%98.2%17.6%39.5%63.8%99.3%23.0%45.3%71.1%-
営業利益(期初予)18,50019,00019,00019,00019,00031,00031,00031,00031,00030,70030,70030,70031,700
対実績比135.1%36.2%64.7%106.9%160.3%11.4%33.2%55.5%111.3%27.4%50.6%76.6%-
純利益(期初予)17,30014,00014,00014,00014,00022,30022,30022,30022,30022,80022,80022,80024,000
対実績比243.3%39.3%73.2%116.8%181.8%15.3%37.0%63.9%114.8%29.7%53.9%82.2%-
配当
ROEデュポン分解
マルチプル16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
企業価値209,625191,598245,948272,652253,075290,423252,179221,375253,101217,299212,252244,448-
時価総額205,735214,942269,292279,829237,566295,545251,393210,319208,479182,725190,417222,613-
純有利子負債3,890-23,344-23,344-7,17715,509-5,12278611,05644,62234,57421,83521,835-
PER(会予)8.8倍15.4倍19.2倍16.5倍12.0倍13.3倍11.3倍9.4倍9.1倍8.0倍8.4倍9.8倍-
PBR0.9倍0.9倍1.2倍1.2倍1.0倍1.2倍1.0倍0.8倍0.8倍0.7倍0.7倍0.8倍-
PER × PBR8.0倍14.3倍22.4倍19.6倍11.6倍15.9倍11.3倍7.6倍7.6倍5.5倍5.9倍8.1倍-
EV/EBITDA(会予)8.5倍9.2倍11.9倍12.2倍9.5倍8.8倍7.7倍6.7倍7.8倍6.6倍6.4倍7.4倍-
PSR(会予)0.5倍0.5倍0.6倍0.7倍0.6倍0.6倍0.5倍0.4倍0.4倍0.4倍0.4倍0.4倍-
PCFR(会予)8.2倍13.7倍17.1倍14.9倍11.0倍12.2倍10.4倍8.7倍8.4倍7.3倍7.6倍8.9倍-
配当金15.0円20.0円20.0円20.0円20.0円20.0円20.0円20.0円20.0円20.0円20.0円20.0円22.0円
配当利回り2.2%2.9%2.3%2.2%2.6%2.1%2.4%2.9%2.9%3.4%3.2%2.8%-
配当性向10.9%24.1%24.1%24.3%24.2%24.1%24.0%24.0%24.0%24.0%24.0%24.0%-
自己資本配当率2.1%2.7%2.7%2.6%2.5%2.5%2.4%2.3%2.5%2.3%2.3%2.3%-
ROE18.8%11.0%11.0%10.8%10.3%10.3%10.2%9.8%10.3%9.6%9.6%9.6%-
%10.0%10.0%10.0%10.0%10.0%5.9%5.9%5.9%5.9%5.0%5.0%5.0%4.7%
総資産回転率0.8回0.8回0.8回0.8回0.8回0.8回0.9回0.9回0.9回0.8回0.8回0.8回-
財務レバレッジ2.4倍2.3倍2.3倍2.3倍2.2倍2.3倍2.2倍2.2倍2.4倍2.5倍2.4倍2.4倍-
実質ROE18.1%10.6%10.6%10.5%10.0%10.0%9.9%9.5%9.9%9.3%9.2%9.2%-
ROIC13.2%6.7%6.7%6.6%6.2%6.3%6.7%6.5%6.2%5.5%5.6%5.6%-
ROA7.8%4.7%4.7%4.7%4.7%4.5%4.6%4.5%4.3%3.8%4.0%4.0%-
自己資本比率(%)
利益剰余金(百万円)
有利子負債(百万円)
B/S16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
流動資産
現金66,38694,34576,09164,38080,59775,59563,64562,19997,450111,216103,37097,768-
売上債権000000000000-
棚卸資産7,9747,5637,5637,3317,4597,4009,1028,7619,1469,1629,4829,482-
有価証券24,74920,04920,06910,06920,02920,629---96464-
前払金-------------
繰延税金資産4,1784,1724,1614,1595,846--------
貸倒引当金-1,200-825-906-958-1,071-881-1,074-1,048-1,548-1,032-1,084-1,095-
流動資産267,538261,670261,879250,385279,802245,619254,910297,681364,835329,400338,830338,308-
固定資産
建物・構築物14,13515,30215,13715,43117,06719,23919,06019,15218,95318,43019,48224,975-
機械・運搬具5855505196944,4452,5652,5642,5822,8073,0312,7092,716-
土地70,00170,00070,10871,16671,67083,24083,23883,31682,19982,17282,50985,161-
建設仮勘定4,3004,3064,9696,6572,1112,6012,8064,9335,4207,1378,7789,498-
有形固定資産89,12590,26290,82994,04195,386107,727107,747110,057109,434110,848113,547122,453-
のれん---675658641623606589571554537-
無形固定資産6,8787,0817,2468,0048,9429,0919,0909,1127,9627,9137,9658,096-
投資有価証券168,738178,480176,412185,549174,775184,891193,248167,397178,643167,219173,308186,319-
繰延税金資産154284269248323508508640582----
貸倒引当金-131-300-294-294-262-262-250-245-234-234-233-233-
敷金および保証金-------------
投資その他の資産173,041182,580180,331189,439179,862190,047198,819173,643185,489174,269180,075193,174-
固定資産269,044279,925278,407291,485284,191306,866315,658292,813302,886293,031301,588323,724-
総資産536,582541,596540,286541,871563,994552,486570,568590,495667,722622,432640,419662,032-
 
負債
有利子負債合計70,27671,00171,00168,91479,88975,47576,38174,701106,821132,024125,205125,205-
仕入債務100,36692,11292,11286,45872,86488,49969,91982,61575,834115,31894,52694,526-
前受金-------------
未払法人税等3,5232,5154,9616,3333,7231,7874,2395,1039,8823,5646,1993,527-
繰延税金負債(固定)13,30216,16915,89019,29223,02320,48222,90714,54018,424----
負債309,687307,587301,944292,707314,600298,977306,215337,841398,529360,887369,907375,374-
 
純資産
資本金23,00123,00123,00123,00123,00123,00123,00123,00123,00123,00123,00123,001-
資本剰余金25,68225,68225,68225,68125,68125,68125,68125,67925,74325,74325,74326,259-
利益剰余金116,816117,706121,130127,240136,336133,610138,486144,485155,875156,529162,036169,401-
自己株式-8,233-8,238-6,924-8,183-9,437-9,442-9,437-9,438-9,438-9,438-9,391-9,392-
非支配株主持分2,9372,9312,9382,9453,0783,1233,1764,6983,0353,1063,0902,580-
総資産226,895234,008238,341249,163249,394253,508264,353252,654269,193261,544270,511286,658-
キャッシュフロー(百万円)
研究開発費(百万円)
C/S16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
営業CF
税金等調整前当期純利益28,3628,13115,02724,15735,8345,19812,43421,32238,3419,97918,19427,830-
減価償却費1,736-874-1,840-1,038-2,178-1,347--
のれん償却額----34-34-169-34--
減損損失913-------1,658----
受取利息及び受取配当金-2,812--1,587--3,074--1,731--3,298--2,043--
売上債権の増減額78,090-21,058--2,266--3,601--90,392-45,742--
棚卸資産の増減額1,276-774-1,597--1,212-160--320--
仕入債務の増減額-49,273--13,875--11,804--5,833-25,753--20,759--
営業CF58,874-15,048-19,331--13,545--28,384-26,264--
投資CF
有価証券の取得-3,2030-1,7060-5,0510-1,8940-7,3260-3,0320-
有価証券の売却・償還5,39303,41606,97902,51907,45201,5500-
固定資産の購入-11,7050-5,5500-8,6780-18,9890-23,4710-5,4150-
固定資産の売却5020380002503420-
貸付け-------------
貸付金の回収-------------
投資CF-9,797--3,944--7,812--16,141--24,475--7,301--
財務CF
短期借入金の純増減額-6,159--90-120-260-1,520-15,519--
長期借入れ5,430-2,580-5,220-970-4,890-4,800--
長期借入金の返済-8,714--3,852--10,140--2,004--6,161--2,138--
社債の発行----10,000---5,000----
社債の償還-------------
自己株式の取得-16--16--2,530--5--5-0--
自己株式の売却-------------
配当金の支払-3,070--4,612--4,612--6,140--6,140--6,140--
財務CF-12,608--6,030--2,015--6,949-49,047--13,151--
換算差額-133--149-35--245--150--167--
その他16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
設備投資額-------------
研究開発費-------------
発行済株式総数307,067,021株307,060,444株307,060,444株309,544,901株308,126,572株306,581,817株306,576,682株306,586,903株306,586,291株306,586,111株306,629,831株306,629,831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16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
従業員数4,872人---4,994人---5,296人----
売上/従業員(千円)86,76686,76686,76686,76686,76685,90885,90885,90885,90896,38196,38196,381-
営利/従業員(千円)5,1315,1315,1315,1315,1316,1006,1006,1006,1006,5186,5186,518-