通期売上(百万円)
売上5y CAGR・予想:3.6 %
通期利益(百万円)
営利5y CAGR・予想:4.7 %
純利5y CAGR・予想:8.5 %
P/L
2018.32019.32020.32021.3E
売上289,933319,834320,893-
前期比111.4%110.3%100.3%-
売上原価250,383277,956277,517-
売上総利益39,55041,87743,376-
%13.6%13.1%13.5%-
販管費23,18724,65725,476-
営業利益16,36217,21917,900-
前期比132.1%105.2%104.0%-
%5.6%5.4%5.6%-
受取利息および受取配当金831892975-
持分法による投資利益189244203-
営業外収益1,8792,0182,315-
支払利息163186275-
持分法による投資損失----
営業外費用781878928-
経常利益17,46118,35919,286-
固定資産売却益327415-
投資有価証券売却益462701,142-
特別利益5261,6021,159-
固定資産売却損-7623-
投資有価証券売却損75370945-
減損損失-870388-
特別損失8411,1691,420-
税引前利益17,14618,79219,025-
法人税等4,9895,9055,752-
%29.1%31.4%30.2%-
当期純利益12,15712,88713,272-
非支配株主に帰属する当期純利益35227741-
親会社株主に帰属する当期純利益11,80412,60913,231-
前期比136.2%106.8%104.9%-
%4.1%3.9%4.1%-
 
EBITDA17,19318,24319,379-
EPS160.4円176.1円190.5円184.3円
BPS1,637.6円1,704.3円1,757.7円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)262,000300,000320,000-
対実績比110.7%106.6%100.3%-
営業利益(期初予)11,00016,50017,700-
対実績比148.7%104.4%101.1%-
純利益(期初予)7,80011,80012,800-
対実績比151.3%106.9%103.4%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価1,954円1,782円1,661円-
企業価値112,61592,02097,302-
時価総額143,835127,625115,376-
純有利子負債-38,944-41,326-18,074-
PER(会予)14.0倍10.8倍9.0倍-
PBR1.2倍1.1倍0.9倍-
PER × PBR16.9倍11.9倍8.5倍-
EV/EBITDA(会予)7.1倍5.3倍5.1倍-
PSR(会予)0.5倍0.4倍0.4倍-
PCFR(会予)13.0倍10.1倍8.1倍-
配当金50.0円52.0円56.0円52.0円
配当利回り1.8%2.8%3.4%-
配当性向31.2%29.5%29.4%-
自己資本配当率3.1%3.1%3.2%-
ROE9.8%10.3%10.8%-
純利益率(再掲)4.1%3.9%4.1%-
総資産回転率1.1回1.1回1.2回-
財務レバレッジ2.2倍2.3倍2.2倍-
実質ROE9.1%9.6%9.8%-
ROIC8.3%8.2%8.5%-
ROA4.5%4.5%5.0%-
β0.530.620.65-
βの決定係数(R2)0.190.250.33-
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55,06757,93939,268-
売上債権23,57128,69721,393-
棚卸資産1,5391,5671,750-
有価証券----
前払金----
繰延税金資産1,765---
貸倒引当金-166-235-225-
流動資産196,051212,218197,363-
固定資産
建物・構築物8,4319,00916,608-
機械・運搬具1,6771,6811,842-
土地3,7875,0468,810-
建設仮勘定461,55427-
有形固定資産9,15712,17622,737-
のれん2,7452,5112,080-
無形固定資産4,4163,2883,779-
投資有価証券42,01739,74632,348-
繰延税金資産945942--
貸倒引当金-1,217-1,467-1,479-
敷金および保証金----
投資その他の資産54,43652,05841,768-
固定資産68,01067,52468,285-
総資産264,062279,743265,649-
 
負債
有利子負債合計16,12316,61321,194-
仕入債務62,06870,51561,921-
前受金----
未払法人税等1,9804,4932,664-
繰延税金負債(固定)5,0312,828--
負債139,577153,534139,787-
 
純資産
資本金13,13413,13413,134-
資本剰余金12,73012,73012,730-
利益剰余金89,83994,659104,065-
自己株式-8,789-9,437-13,360-
非支配株主持分3,7084,1473,770-
純資産124,484126,208125,861-
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17,14618,79219,025-
減価償却費7308241,299-
のれん償却額101200180-
減損損失-870388-
受取利息及び受取配当金-832-892-975-
売上債権の増減額-9,429-12,536-4,303-
棚卸資産の増減額----
仕入債務の増減額5,48813,602-15,888-
営業CF6,17014,892-6,369-
投資CF
有価証券の取得-563-164-485-
有価証券の売却・償還2441,0212,863-
固定資産の購入-3,303-4,041-11,516-
固定資産の売却6592164-
貸付け----
貸付金の回収----
投資CF-5,685-6,069-8,187-
財務CF
短期借入金の純増減額-83381-464-
長期借入れ12848682-
長期借入金の返済-73-224-285-
社債の発行9,929-4,965-
社債の償還----
自己株式の取得-1-4,047-4,000-
自己株式の売却----
配当金の支払-2,732-4,433-3,825-
財務CF7,107-7,928-4,199-
換算差額409-22557-
その他
2018.32019.32020.32021.3E
設備投資額3,3023,96312,669-
研究開発費-9451,356-
発行済株式総数73,610,386株71,619,052株69,461,712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5,714人5,912人5,899人-
売上/従業員(千円)50,74154,09954,398-
営利/従業員(千円)2,8632,9133,034-
四半期売上(百万円)
売上5y CAGR・予想:3.6 %
四半期利益(百万円)
営利5y CAGR・予想:4.7 %
純利5y CAGR・予想:8.5 %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上202,668289,93363,442137,655220,516319,83472,424145,457224,857320,89353,511117,655300,000
前期比114.4%111.4%103.9%106.1%108.8%110.3%114.2%105.7%102.0%100.3%73.9%80.9%93.5%
売上原価175,461250,38355,183120,475192,454277,95663,344126,089195,220277,51748,195102,978-
売上総利益27,20739,5508,25817,18028,06141,8779,08019,36729,63743,3765,31614,677-
%13.4%13.6%13.0%12.5%12.7%13.1%12.5%13.3%13.2%13.5%9.9%12.5%-
販管費16,29323,1875,77311,28017,51424,6575,87811,73617,81625,4765,84511,461-
営業利益10,91316,3622,4855,89910,54717,2193,2017,63011,82017,900-5283,21514,900
前期比147.5%132.1%96.7%85.7%96.6%105.2%128.8%129.3%112.1%104.0%-16.5%42.1%83.2%
%5.4%5.6%3.9%4.3%4.8%5.4%4.4%5.2%5.3%5.6%-2.7%5.0%
受取利息および受取配当金733831395475798892425521872975443531-
持分法による投資利益4318914366224435169168203---
営業外収益1,4641,8797059951,5342,0188291,2961,8752,3157521,443-
支払利息10916337791251866112819427585165-
持分法による投資損失----------10993-
営業外費用645781227458621878186420591928799928-
経常利益11,73217,4612,9626,43611,45918,3593,8448,50613,10519,286-5753,73016,000
固定資産売却益326327-444---15---
投資有価証券売却益-460-2702705211,0621,142026-
特別利益47952609551,2031,6025211,0621,159028-
固定資産売却損---12376---23---
投資有価証券売却損344753--7070--10994583469-
減損損失--870870870870---388---
特別損失6428418748751,1081,169031801,42084471-
税引前利益11,56917,1462,0886,51511,55418,7923,8498,52413,98719,025-6583,288-
法人税等3,8234,9899272,3394,0225,9051,5422,5694,5065,752-191,291-
%33.0%29.1%44.4%35.9%34.8%31.4%40.1%30.1%32.2%30.2%2.9%39.3%-
当期純利益7,74612,1571,1604,1767,53212,8872,3065,9549,48113,272-6391,996-
非支配株主に帰属する当期純利益2983526015321627738384341-90-27-
親会社株主に帰属する当期純利益7,44811,8041,1004,0237,31512,6092,2685,9169,43813,231-5482,02412,000
前期比164.1%136.2%69.3%89.0%98.2%106.8%206.2%147.1%129.0%104.9%-24.2%34.2%90.7%
%3.7%4.1%1.7%2.9%3.3%3.9%3.1%4.1%4.2%4.1%-1.7%4.0%
 
EBITDA11,49517,1932,7276,38611,29918,2433,5188,29112,85019,379-4,049-
EPS160.4円160.4円171.2円172.5円176.1円176.1円184.7円186.0円187.5円190.5円190.4円190.2円172.5円
BPS1,617.6円1,637.6円1,623.8円1,667.5円1,615.4円1,704.3円1,687.4円1,745.4円1,787.1円1,757.7円1,728.9円1,765.0円-
期初会社予想
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上高(期初予)262,000262,000300,000300,000300,000300,000320,000320,000320,000320,000--300,000
対実績比77.4%110.7%21.1%45.9%73.5%106.6%22.6%45.5%70.3%100.3%---
営業利益(期初予)11,00011,00016,50016,50016,50016,50017,70017,70017,70017,700--14,900
対実績比99.2%148.7%15.1%35.8%63.9%104.4%18.1%43.1%66.8%101.1%---
純利益(期初予)7,8007,80011,80011,80011,80011,80012,80012,80012,80012,800--12,000
対実績比95.5%151.3%9.3%34.1%62.0%106.9%17.7%46.2%73.7%103.4%---
配当
ROEデュポン分解
β
マルチプル
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
株価2,065円1,954円2,058円2,056円1,789円1,782円1,776円1,786円1,960円1,661円1,582円1,509円-
企業価値120,357112,615112,546108,98386,72692,02085,869107,773120,15197,30298,69099,034-
時価総額152,006143,835151,490151,426130,787127,625127,195127,051139,429115,376109,933104,954-
純有利子負債-31,220-38,944-42,443-44,061-35,605-41,326-33,124-19,278-10,992-18,074-11,243-5,920-
PER(会予)19.5倍14.0倍12.8倍12.8倍11.1倍10.8倍9.9倍9.9倍10.9倍9.0倍-8.7倍-
PBR1.3倍1.2倍1.3倍1.3倍1.1倍1.1倍1.0倍1.0倍1.1倍0.9倍0.9倍0.9倍-
PER × PBR25.9倍16.9倍16.1倍16.2倍11.9倍11.9倍10.4倍10.2倍12.2倍8.5倍-7.5倍-
EV/EBITDA(会予)10.2倍7.1倍6.5倍6.3倍5.0倍5.3倍4.6倍5.8倍6.4倍5.1倍-6.0倍-
PSR(会予)0.6倍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-0.3倍-
PCFR(会予)17.7倍13.0倍12.0倍12.0倍10.4倍10.1倍9.2倍9.2倍10.1倍8.1倍74.3倍7.8倍-
配当金-50.0円---52.0円---56.0円--56.0円
配当利回り1.7%1.8%2.4%2.4%2.8%2.8%2.9%2.9%2.7%3.4%3.5%3.7%-
配当性向-31.2%---29.5%---29.4%---
自己資本配当率3.1%3.1%3.2%3.1%3.2%3.1%3.3%3.2%3.1%3.2%3.2%3.2%-
ROE9.9%9.8%10.5%10.3%10.9%10.3%10.9%10.7%10.5%10.8%11.0%10.8%-
純利益率(再掲)3.7%4.1%1.7%2.9%3.3%3.9%3.1%4.1%4.2%4.1%-1.7%-
総資産回転率1.1回1.1回1.3回1.3回1.2回1.1回1.3回1.3回1.2回1.2回1.3回1.4回-
財務レバレッジ2.1倍2.2倍2.1倍2.1倍2.2倍2.3倍2.1倍2.0倍2.1倍2.2倍2.1倍1.9倍-
実質ROE9.2%9.1%9.8%9.6%9.8%9.6%10.2%9.8%9.6%9.8%10.2%10.7%-
ROIC8.4%8.3%8.4%8.2%8.7%8.2%8.9%8.3%8.1%8.5%8.0%8.2%-
ROA4.6%4.5%5.1%5.0%4.9%4.5%5.2%5.2%5.1%5.0%5.3%5.6%-
β0.480.530.550.550.620.620.630.640.640.650.660.73-
βの決定係数(R2)0.160.190.180.180.250.250.280.300.290.330.340.40-
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.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
流動資産
現金47,33355,06756,98559,67349,92157,93948,66840,85434,40139,26842,95830,597-
売上債権20,36123,57124,13821,27924,70028,69728,30919,82116,88221,39322,17914,436-
棚卸資産01,5391,9031,88501,5671,8321,87601,7502,0372,139-
有価証券-------------
前払金-------------
繰延税金資産-1,765-----------
貸倒引当金-258-166-227-278-303-235-218-193-183-225-209-184-
流動資産184,561196,051179,331183,172193,086212,218190,358181,013187,074197,363180,374165,364-
固定資産
建物・構築物-8,431---9,009---16,608---
機械・運搬具-1,677---1,681---1,842---
土地-3,787---5,046---8,810---
建設仮勘定-46---1,554---27---
有形固定資産9,0599,1579,2899,21011,06012,17612,73318,92220,10622,73722,66522,685-
のれん3,0362,7452,6612,5462,5132,5112,3842,2902,2572,0802,0071,976-
無形固定資産4,5894,4163,4263,2993,2713,2883,1443,1533,3123,7794,3185,004-
投資有価証券46,28642,01743,40843,85036,54139,74637,71638,93739,44332,34833,30933,356-
繰延税金資産-945---942-------
貸倒引当金-1,223-1,217-1,245-1,239-1,238-1,467-1,507-1,474-1,515-1,479-1,545-1,570-
敷金および保証金-------------
投資その他の資産57,62654,43655,84056,15249,26952,05850,07551,18049,93341,76842,88743,062-
固定資産71,27568,01068,55668,66263,60167,52465,95373,25673,35268,28569,87270,752-
総資産255,836264,062247,887251,834256,687279,743256,312254,269260,427265,649250,246236,116-
 
負債
有利子負債合計16,11316,12314,54215,61214,31616,61315,54421,57623,40921,19431,71524,677-
仕入債務57,31462,06852,51456,22463,12870,51554,55349,85955,94261,92140,95141,455-
前受金-------------
未払法人税等1,0631,9808622,3601,5944,4931,5802,5389802,6642321,602-
繰延税金負債(固定)7,3015,0315,3005,4553,4332,828-------
負債133,013139,577124,381125,996136,867153,534131,243126,035130,228139,787126,586109,742-
 
純資産
資本金13,13413,13413,13413,13413,13413,13413,13413,13413,13413,13413,13413,134-
資本剰余金12,85412,73012,73312,73312,73312,73012,73012,73012,73012,73012,71012,692-
利益剰余金85,48289,83988,35491,27692,72194,65994,97198,619100,272104,06598,20691,775-
自己株式-8,788-8,789-8,749-9,796-12,796-9,437-9,413-10,257-11,298-13,360-10,104-980-
非支配株主持分3,4933,7083,7203,7404,1294,1474,1944,0724,0733,7703,5203,612-
純資産122,823124,484123,506125,838119,820126,208125,068128,234130,198125,861123,660126,374-
キャッシュフロー(百万円)
C/S
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
営業CF
税金等調整前当期純利益11,56917,1462,0886,51511,55418,7923,8498,52413,98719,025-6583,288-
減価償却費5277301923906058242695668861,299368745-
のれん償却額55101509714720048951441804489-
減損損失--870870870870---388---
受取利息及び受取配当金-733-832-395-475-799-892-425-522-872-975-444-532-
売上債権の増減額824-9,42918,00916,709-72-12,53615,24421,3459,016-4,30323,84928,227-
棚卸資産の増減額-------------
仕入債務の増減額-2,3365,488-8,750-7,8562,04613,602-16,431-29,432-26,233-15,888-19,902-27,192-
営業CF-1,7196,1706,9769,4216,79814,892-6,032-9,293-15,618-6,369-2,702-5,769-
投資CF
有価証券の取得-562-563-61-70-102-164-1-4-167-485-49-555-
有価証券の売却・償還0244001,0201,021002,7742,86300-
固定資産の購入-2,909-3,303-447-557-2,617-4,041-317-6,728-8,326-11,516-1,470-2,333-
固定資産の売却6536590611210006400-
貸付け-------------
貸付金の回収-------------
投資CF-6,676-5,685-2,767-2,893-4,515-6,069-144-6,456-6,415-8,187-1,347-3,346-
財務CF
短期借入金の純増減額-241-83-1,492-428-1,996381-1,079501,889-46410,6843,589-
長期借入れ94128---486---82---
長期借入金の返済-48-73----224----285---
社債の発行9,9299,929-----4,9654,9654,965---
社債の償還-------------
自己株式の取得-1-1--1,046-4,046-4,047--896-1,938-4,000-0-
自己株式の売却-------------
配当金の支払-2,732-2,732-2,585-2,585-4,433-4,433-1,955-1,955-3,825-3,825-2,106-2,106-
財務CF6,9437,107-4,118-4,135-10,283-7,928-3,108-1,173-1,385-4,1998,4211,144-
換算差額200409-101-152-73-22575-36-8157-275-255-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額2,9093,3024475572,6173,9633176,7288,32612,6691,4702,333-
研究開発費-----945---1,356---
発行済株式総数73,610,495株73,610,386株73,650,961株73,106,261株71,619,209株71,619,052株71,631,273株71,137,155株70,573,649株69,461,712株69,489,618株69,552,252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.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
従業員数-5,714人---5,912人---5,899人---
売上/従業員(千円)-50,741---54,099---54,398---
営利/従業員(千円)-2,863---2,913---3,034---
四半期売上(百万円)
売上5y CAGR・予想:3.6 %
四半期利益(百万円)
営利5y CAGR・予想:4.7 %
純利5y CAGR・予想:8.5 %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上72,94487,26563,44274,21382,86199,31872,42473,03379,40096,03653,51164,144300,000
前期比115.9%105.0%103.9%108.1%113.6%113.8%114.2%98.4%95.8%96.7%73.9%87.8%93.5%
売上原価63,05774,92255,18365,29271,97985,50263,34462,74569,13182,29748,19554,783-
売上総利益9,88712,3438,2588,92210,88113,8169,08010,28710,27013,7395,3169,361-
%13.6%14.1%13.0%12.0%13.1%13.9%12.5%14.1%12.9%14.3%9.9%14.6%-
販管費5,8566,8945,7735,5076,2347,1435,8785,8586,0807,6605,8455,616-
営業利益4,0315,4492,4853,4144,6486,6723,2014,4294,1906,080-5283,74314,900
前期比102.4%109.4%96.7%79.2%115.3%122.4%128.8%129.7%90.1%91.1%-16.5%84.5%83.2%
%5.5%6.2%3.9%4.6%5.6%6.7%4.4%6.1%5.3%6.3%-1.0%5.8%5.0%
受取利息および受取配当金003950004250004430-
持分法による投資利益4314614222618235134-135-0-
営業外収益562415705290539484829467579440752691-
支払利息505437424661616766818580-
持分法による投資損失-20-000-000109-16-
営業外費用201136227231163257186234171337799129-
経常利益4,3925,7292,9623,4745,0236,9003,8444,6624,5996,181-5754,30516,000
固定資産売却益211-400-0015-0-
投資有価証券売却益0460027005161,04180026-
特別利益1744709552483995161,04197028-
固定資産売却損00-12253-0023-0-
投資有価証券売却損0409-0700-010983683386-
減損損失00870000-00388-0-
特別損失8199874123361031771,24084387-
税引前利益4,5575,5772,0884,4275,0397,2383,8494,6755,4635,038-6583,946-
法人税等1,5481,1669271,4121,6831,8831,5421,0271,9371,246-191,310-
%34.0%20.9%44.4%31.9%33.4%26.0%40.1%22.0%35.5%24.7%2.9%33.2%-
当期純利益3,0104,4111,1603,0163,3565,3552,3063,6483,5273,791-6392,635-
非支配株主に帰属する当期純利益8054609363613805-2-9063-
親会社株主に帰属する当期純利益2,9304,3561,1002,9233,2925,2942,2683,6483,5223,793-5482,57212,000
前期比135.9%105.6%69.3%99.8%112.4%121.5%206.2%124.8%107.0%71.6%-24.2%70.5%90.7%
%4.0%5.0%1.7%3.9%4.0%5.3%3.1%5.0%4.4%3.9%-1.0%4.0%4.0%
 
EBITDA11,49517,1932,7276,38611,29918,2433,5188,29112,85019,379-4,049-
EPS160.4円160.4円171.2円172.5円176.1円176.1円184.7円186.0円187.5円190.5円190.4円190.2円172.5円
BPS1,617.6円1,637.6円1,623.8円1,667.5円1,615.4円1,704.3円1,687.4円1,745.4円1,787.1円1,757.7円1,728.9円1,765.0円-
期初会社予想
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上高(期初予)262,000262,000300,000300,000300,000300,000320,000320,000320,000320,000--300,000
対実績比77.4%110.7%21.1%45.9%73.5%106.6%22.6%45.5%70.3%100.3%---
営業利益(期初予)11,00011,00016,50016,50016,50016,50017,70017,70017,70017,700--14,900
対実績比99.2%148.7%15.1%35.8%63.9%104.4%18.1%43.1%66.8%101.1%---
純利益(期初予)7,8007,80011,80011,80011,80011,80012,80012,80012,80012,800--12,000
対実績比95.5%151.3%9.3%34.1%62.0%106.9%17.7%46.2%73.7%103.4%---
配当
ROEデュポン分解
β
マルチプル
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
株価2,065円1,954円2,058円2,056円1,789円1,782円1,776円1,786円1,960円1,661円1,582円1,509円-
企業価値120,357112,615112,546108,98386,72692,02085,869107,773120,15197,30298,69099,034-
時価総額152,006143,835151,490151,426130,787127,625127,195127,051139,429115,376109,933104,954-
純有利子負債-31,220-38,944-42,443-44,061-35,605-41,326-33,124-19,278-10,992-18,074-11,243-5,920-
PER(会予)19.5倍14.0倍12.8倍12.8倍11.1倍10.8倍9.9倍9.9倍10.9倍9.0倍-8.7倍-
PBR1.3倍1.2倍1.3倍1.3倍1.1倍1.1倍1.0倍1.0倍1.1倍0.9倍0.9倍0.9倍-
PER × PBR25.9倍16.9倍16.1倍16.2倍11.9倍11.9倍10.4倍10.2倍12.2倍8.5倍-7.5倍-
EV/EBITDA(会予)10.2倍7.1倍6.5倍6.3倍5.0倍5.3倍4.6倍5.8倍6.4倍5.1倍-6.0倍-
PSR(会予)0.6倍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-0.3倍-
PCFR(会予)17.7倍13.0倍12.0倍12.0倍10.4倍10.1倍9.2倍9.2倍10.1倍8.1倍74.3倍7.8倍-
配当金-50.0円---52.0円---56.0円--56.0円
配当利回り1.7%1.8%2.4%2.4%2.8%2.8%2.9%2.9%2.7%3.4%3.5%3.7%-
配当性向-31.2%---29.5%---29.4%---
自己資本配当率3.1%3.1%3.2%3.1%3.2%3.1%3.3%3.2%3.1%3.2%3.2%3.2%-
ROE9.9%9.8%10.5%10.3%10.9%10.3%10.9%10.7%10.5%10.8%11.0%10.8%-
純利益率(再掲)3.7%4.1%1.7%2.9%3.3%3.9%3.1%4.1%4.2%4.1%-1.7%-
総資産回転率1.1回1.1回1.3回1.3回1.2回1.1回1.3回1.3回1.2回1.2回1.3回1.4回-
財務レバレッジ2.1倍2.2倍2.1倍2.1倍2.2倍2.3倍2.1倍2.0倍2.1倍2.2倍2.1倍1.9倍-
実質ROE9.2%9.1%9.8%9.6%9.8%9.6%10.2%9.8%9.6%9.8%10.2%10.7%-
ROIC8.4%8.3%8.4%8.2%8.7%8.2%8.9%8.3%8.1%8.5%8.0%8.2%-
ROA4.6%4.5%5.1%5.0%4.9%4.5%5.2%5.2%5.1%5.0%5.3%5.6%-
β0.480.530.550.550.620.620.630.640.640.650.660.73-
βの決定係数(R2)0.160.190.180.180.250.250.280.300.290.330.340.40-
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.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
流動資産
現金47,33355,06756,98559,67349,92157,93948,66840,85434,40139,26842,95830,597-
売上債権20,36123,57124,13821,27924,70028,69728,30919,82116,88221,39322,17914,436-
棚卸資産01,5391,9031,88501,5671,8321,87601,7502,0372,139-
有価証券-------------
前払金-------------
繰延税金資産-1,765-----------
貸倒引当金-258-166-227-278-303-235-218-193-183-225-209-184-
流動資産184,561196,051179,331183,172193,086212,218190,358181,013187,074197,363180,374165,364-
固定資産
建物・構築物-8,431---9,009---16,608---
機械・運搬具-1,677---1,681---1,842---
土地-3,787---5,046---8,810---
建設仮勘定-46---1,554---27---
有形固定資産9,0599,1579,2899,21011,06012,17612,73318,92220,10622,73722,66522,685-
のれん3,0362,7452,6612,5462,5132,5112,3842,2902,2572,0802,0071,976-
無形固定資産4,5894,4163,4263,2993,2713,2883,1443,1533,3123,7794,3185,004-
投資有価証券46,28642,01743,40843,85036,54139,74637,71638,93739,44332,34833,30933,356-
繰延税金資産-945---942-------
貸倒引当金-1,223-1,217-1,245-1,239-1,238-1,467-1,507-1,474-1,515-1,479-1,545-1,570-
敷金および保証金-------------
投資その他の資産57,62654,43655,84056,15249,26952,05850,07551,18049,93341,76842,88743,062-
固定資産71,27568,01068,55668,66263,60167,52465,95373,25673,35268,28569,87270,752-
総資産255,836264,062247,887251,834256,687279,743256,312254,269260,427265,649250,246236,116-
 
負債
有利子負債合計16,11316,12314,54215,61214,31616,61315,54421,57623,40921,19431,71524,677-
仕入債務57,31462,06852,51456,22463,12870,51554,55349,85955,94261,92140,95141,455-
前受金-------------
未払法人税等1,0631,9808622,3601,5944,4931,5802,5389802,6642321,602-
繰延税金負債(固定)7,3015,0315,3005,4553,4332,828-------
負債133,013139,577124,381125,996136,867153,534131,243126,035130,228139,787126,586109,742-
 
純資産
資本金13,13413,13413,13413,13413,13413,13413,13413,13413,13413,13413,13413,134-
資本剰余金12,85412,73012,73312,73312,73312,73012,73012,73012,73012,73012,71012,692-
利益剰余金85,48289,83988,35491,27692,72194,65994,97198,619100,272104,06598,20691,775-
自己株式-8,788-8,789-8,749-9,796-12,796-9,437-9,413-10,257-11,298-13,360-10,104-980-
非支配株主持分3,4933,7083,7203,7404,1294,1474,1944,0724,0733,7703,5203,612-
純資産122,823124,484123,506125,838119,820126,208125,068128,234130,198125,861123,660126,374-
キャッシュフロー(百万円)
C/S
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
営業CF
税金等調整前当期純利益11,56917,1462,0886,51511,55418,7923,8498,52413,98719,025-6583,288-
減価償却費5277301923906058242695668861,299368745-
のれん償却額55101509714720048951441804489-
減損損失00870000-00388-0-
受取利息及び受取配当金-733-832-395-475-799-892-425-522-872-975-444-532-
売上債権の増減額824-9,42918,00916,709-72-12,53615,24421,3459,016-4,30323,84928,227-
棚卸資産の増減額-------------
仕入債務の増減額-2,3365,488-8,750-7,8562,04613,602-16,431-29,432-26,233-15,888-19,902-27,192-
営業CF-1,7196,1706,9769,4216,79814,892-6,032-9,293-15,618-6,369-2,702-5,769-
投資CF
有価証券の取得-562-563-61-70-102-164-1-4-167-485-49-555-
有価証券の売却・償還0244001,0201,021002,7742,86300-
固定資産の購入-2,909-3,303-447-557-2,617-4,041-317-6,728-8,326-11,516-1,470-2,333-
固定資産の売却6536590611210006400-
貸付け-------------
貸付金の回収-------------
投資CF-6,676-5,685-2,767-2,893-4,515-6,069-144-6,456-6,415-8,187-1,347-3,346-
財務CF
短期借入金の純増減額-241-83-1,492-428-1,996381-1,079501,889-46410,6843,589-
長期借入れ94128---486---82---
長期借入金の返済-48-73----224----285---
社債の発行9,9299,929-----4,9654,9654,965---
社債の償還-------------
自己株式の取得-1-1--1,046-4,046-4,047--896-1,938-4,000-0-
自己株式の売却-------------
配当金の支払-2,732-2,732-2,585-2,585-4,433-4,433-1,955-1,955-3,825-3,825-2,106-2,106-
財務CF6,9437,107-4,118-4,135-10,283-7,928-3,108-1,173-1,385-4,1998,4211,144-
換算差額200409-101-152-73-22575-36-8157-275-255-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額2,9093,3024475572,6173,9633176,7288,32612,6691,4702,333-
研究開発費-----945---1,356---
発行済株式総数73,610,495株73,610,386株73,650,961株73,106,261株71,619,209株71,619,052株71,631,273株71,137,155株70,573,649株69,461,712株69,489,618株69,552,252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.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
従業員数-5,714人---5,912人---5,899人---
売上/従業員(千円)-50,741---54,099---54,398---
営利/従業員(千円)-2,863---2,913---3,034---