日清製粉グループ本社【2002】の業績・財務

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通期売上(百万円)
売上5y CAGR・予想:7.1 %
通期利益(百万円)
営利5y CAGR・予想:0.5 %
純利5y CAGR・予想:-3.3 %
P/L
2018.32019.32020.32021.3E
売上540,094565,343712,180700,000
前期比101.5%104.7%126.0%98.3%
売上原価378,742401,584512,356-
売上総利益161,352163,759199,824-
%29.9%29.0%28.1%-
販管費134,152136,842170,971-
営業利益27,20026,91628,85226,000
前期比106.6%99.0%107.2%90.1%
%5.0%4.8%4.1%3.7%
受取利息および受取配当金2,7173,113--
持分法による投資利益1,7711,647--
営業外収益5,0845,7516,294-
支払利息2212573,163-
持分法による投資損失----
営業外費用4856053,711-
経常利益31,80032,06231,43427,000
固定資産売却益1,007201--
投資有価証券売却益3571,379--
特別利益1,3651,5818,925-
固定資産売却損----
投資有価証券売却損----
減損損失129725,224-
特別損失7345297,064-
税引前利益32,43033,11333,296-
法人税等9,7609,5269,625-
%33.4%30.1%28.9%-
当期純利益22,66923,58623,670-
非支配株主に帰属する当期純利益1,3301,317--
親会社株主に帰属する当期純利益21,33922,26822,40717,000
前期比109.6%104.4%100.6%75.9%
%3.7%4.0%3.1%2.4%
 
EBITDA42,83843,93355,75956,407
EPS70.1円73.2円73.6円72.3円
BPS1,311.9円1,327.2円1,297.8円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)535,000565,000725,000700,000
対実績比101.0%100.1%98.2%-
営業利益(期初予)26,00027,50030,00026,000
対実績比104.6%97.9%96.2%-
純利益(期初予)20,10022,00023,30017,000
対実績比106.2%101.2%96.2%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価2,109円2,540円1,802円-
企業価値572,545691,350583,036-
時価総額641,891773,069548,453-
純有利子負債-69,346-81,71934,583-
PER(会予)30.3倍35.1倍24.9倍-
PBR1.6倍1.9倍1.4倍-
PER × PBR48.2倍66.9倍34.6倍-
EV/EBITDA(会予)13.0倍15.6倍10.3倍-
PSR(会予)1.2倍1.4倍0.8倍-
PCFR(会予)16.7倍20.0倍11.2倍-
配当金29.0円32.0円34.0円34.0円
配当利回り1.2%1.1%1.9%-
配当性向41.4%43.7%46.2%-
自己資本配当率2.2%2.4%2.6%-
ROE5.3%5.5%5.7%-
純利益率(再掲)4.0%3.9%3.1%-
総資産回転率0.9回1.0回1.1回-
財務レバレッジ1.4倍1.5倍1.7倍-
実質ROE5.2%5.4%--
ROIC4.2%4.1%4.0%-
ROA3.6%3.7%3.4%-
β0.560.700.72-
βの決定係数(R2)0.240.320.35-
自己資本比率(%)
利益剰余金(百万円)
有利子負債(百万円)
B/S
2018.32019.32020.32021.3E
流動資産
現金91,635101,97449,710-
売上債権76,46583,16592,236-
棚卸資産65,24269,14979,854-
有価証券7,8577,336--
前払金----
繰延税金資産4,690---
貸倒引当金-193-232--
流動資産265,442268,170238,980-
固定資産
建物・構築物55,97958,308--
機械・運搬具38,70041,393--
土地42,20842,61145,791-
建設仮勘定10,33710,03013,682-
有形固定資産150,942156,317208,487-
のれん5,6235,01642,743-
無形固定資産12,40910,46268,716-
投資有価証券158,211149,659--
繰延税金資産3,0456,064--
貸倒引当金-125-122--
敷金および保証金----
投資その他の資産164,699159,802--
固定資産328,051326,583427,234-
総資産593,493594,754666,215-
 
負債
有利子負債合計15,95816,76884,293-
仕入債務46,43354,58153,730-
前受金----
未払法人税等4,3975,217--
繰延税金負債(固定)29,09724,664--
負債179,699175,905257,172-
 
純資産
資本金17,11717,11717,117-
資本剰余金12,89412,882--
利益剰余金306,415319,705332,342-
自己株式-11,695-11,403--
非支配株主持分14,32714,74313,908-
純資産413,794418,848409,042-
キャッシュフロー(百万円)
研究開発費(百万円)
C/S
2018.32019.32020.32021.3E
営業CF
税金等調整前当期純利益32,43033,113--
減価償却費15,50914,95121,235-
のれん償却額1,2241,3245,672-
減損損失129725,224-
受取利息及び受取配当金-2,717-3,113--
売上債権の増減額-10,2172,697--
棚卸資産の増減額-8,010-1,700--
仕入債務の増減額18,185-2,666--
営業CF42,86939,87338,420-
投資CF
有価証券の取得-3,580-2,7800-
有価証券の売却・償還8581,7060-
固定資産の購入-19,704-18,2330-
固定資産の売却898440-
貸付け----
貸付金の回収----
投資CF-18,067-19,184-96,844-
財務CF
短期借入金の純増減額----
長期借入れ3,3691,105--
長期借入金の返済----
社債の発行----
社債の償還----
自己株式の取得-10,164-190--
自己株式の売却339297--
配当金の支払-8,088-9,209--
財務CF-18,593-10,5678,337-
換算差額1,415-202--
その他
2018.32019.32020.32021.3E
設備投資額20,44317,619--
研究開発費----
発行済株式総数304,357,891株304,357,891株304,357,891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6,545人6,760人--
売上/従業員(千円)84,13082,520--
営利/従業員(千円)4,0344,156--
四半期売上(百万円)
売上5y CAGR・予想:7.1 %
四半期利益(百万円)
営利5y CAGR・予想:0.5 %
純利5y CAGR・予想:-3.3 %
P/L
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上130,788262,140402,550540,094141,271284,289429,472565,343157,819346,518536,666712,180700,000
前期比96.2%96.6%99.0%101.5%108.0%108.4%106.7%104.7%111.7%121.9%125.0%126.0%98.3%
売上原価91,022182,281280,029378,742100,258202,541304,486401,584112,954249,797385,671512,356-
売上総利益39,76579,858122,521161,35241,01381,748124,986163,75944,86496,720150,995199,824-
%30.4%30.5%30.4%29.9%29.0%28.8%29.1%29.0%28.4%27.9%28.1%28.1%-
販管費33,58066,755100,640134,15233,75267,341102,305136,84238,64182,596127,086170,971-
営業利益6,18513,10221,88127,2007,26014,40622,68126,9166,22314,12423,90928,85226,000
前期比119.3%114.0%111.4%106.6%117.4%110.0%103.7%99.0%85.7%98.0%105.4%107.2%90.1%
%4.7%5.0%5.4%5.0%5.1%5.1%5.3%4.8%3.9%4.1%4.5%4.1%3.7%
受取利息および受取配当金1,1191,2612,3302,7171,2691,4612,7093,1131,3541,6532,983--
持分法による投資利益6041,1891,7011,7713836951,2941,6474888191,344--
営業外収益1,8932,7494,4655,0841,8572,5704,7015,7512,0252,9335,1046,294-
支払利息5199160221471061652578851,7012,4283,163-
持分法による投資損失-------------
営業外費用118258343485651672576059331,9442,7923,711-
経常利益7,96015,59326,00331,8009,05216,80927,12632,0627,31415,11326,22131,43427,000
固定資産売却益2762769361,00751731722012464103--
投資有価証券売却益125357016391,379-27--
特別利益2772789411,36552902121,581247,3397,3848,925-
固定資産売却損-------------
投資有価証券売却損-------------
減損損失---129--4272-3,9064,2995,224-
特別損失7018432473452194331529834,1855,0847,064-
税引前利益8,16715,68726,62032,4309,05216,70627,00633,1137,25518,26728,52133,296-
法人税等2,2754,4237,5169,7602,5734,8097,8129,5262,5124,0927,5799,625-
%33.4%33.4%33.4%33.4%30.1%30.1%30.1%30.1%28.8%28.8%28.8%28.9%-
当期純利益5,89211,26419,10322,6696,47811,89719,19423,5864,74314,17520,94123,670-
非支配株主に帰属する当期純利益3717101,0161,3303947881,0771,317314655990--
親会社株主に帰属する当期純利益5,52110,55318,08721,3396,08311,10818,11722,2684,42913,51919,95122,40717,000
前期比105.1%104.0%114.9%109.6%110.2%105.3%100.2%104.4%72.8%121.7%110.1%100.6%75.9%
%3.7%3.7%3.7%3.7%4.0%4.0%4.0%4.0%3.9%3.9%3.9%3.1%2.4%
 
EBITDA42,83842,83842,83842,83843,93343,93343,93343,93343,19143,19143,19155,75956,407
EPS70.1円70.1円70.1円70.1円73.2円73.2円73.2円73.2円73.6円73.6円73.6円73.6円72.3円
BPS1,289.8円1,280.5円1,325.4円1,311.9円1,339.6円1,345.6円1,333.7円1,327.2円1,292.6円1,319.4円1,361.2円1,297.8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)535,000535,000535,000535,000565,000565,000565,000565,000725,000725,000725,000725,000700,000
対実績比24.4%49.0%75.2%101.0%25.0%50.3%76.0%100.1%21.8%47.8%74.0%98.2%-
営業利益(期初予)26,00026,00026,00026,00027,50027,50027,50027,50030,00030,00030,00030,00026,000
対実績比23.8%50.4%84.2%104.6%26.4%52.4%82.5%97.9%20.7%47.1%79.7%96.2%-
純利益(期初予)20,10020,10020,10020,10022,00022,00022,00022,00023,30023,30023,30023,30017,000
対実績比27.5%52.5%90.0%106.2%27.7%50.5%82.4%101.2%19.0%58.0%85.6%96.2%-
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1,845円1,885円2,276円2,109円2,345円2,490円2,271円2,540円2,459円1,998円1,906円1,802円-
企業価値490,778502,953623,056572,545637,170683,397615,148691,350662,748656,138628,137583,036-
時価総額561,540573,715692,719641,891713,719757,851691,197773,069748,416608,107580,106548,453-
純有利子負債-70,762-70,762-69,663-69,346-76,549-74,454-76,049-81,719-85,66848,03148,03134,583-
PER(会予)27.9倍28.5倍34.5倍30.3倍32.4倍34.4倍31.4倍35.1倍32.1倍26.1倍26.4倍24.9倍-
PBR1.4倍1.5倍1.8倍1.6倍1.8倍1.9倍1.7倍1.9倍1.9倍1.5倍1.4倍1.4倍-
PER × PBR40.0倍41.7倍61.3倍48.2倍58.0倍64.0倍53.0倍66.9倍59.5倍39.5倍38.1倍34.6倍-
EV/EBITDA(会予)11.3倍11.6倍14.4倍13.0倍14.4倍15.4倍13.9倍15.6倍14.3倍14.2倍13.7倍10.3倍-
PSR(会予)1.0倍1.1倍1.3倍1.2倍1.3倍1.3倍1.2倍1.4倍1.0倍0.8倍0.8倍0.8倍-
PCFR(会予)15.0倍15.3倍18.5倍16.7倍18.4倍19.6倍17.8倍20.0倍18.9倍15.4倍15.2倍11.2倍-
配当金---29.0円---32.0円---34.0円34.0円
配当利回り1.4%1.4%1.1%1.2%1.2%1.2%1.3%1.1%1.3%1.6%1.7%1.9%-
配当性向---41.4%---43.7%---46.2%-
自己資本配当率2.2%2.3%2.2%2.2%2.4%2.4%2.4%2.4%2.6%2.6%2.5%2.6%-
ROE5.4%5.5%5.3%5.3%5.5%5.4%5.5%5.5%5.7%5.6%5.4%5.7%-
純利益率(再掲)4.2%4.0%4.5%4.0%4.3%3.9%4.2%3.9%2.8%3.9%3.7%3.1%-
総資産回転率1.0回1.0回0.9回0.9回0.9回0.9回0.9回1.0回1.1回1.1回1.0回1.1回-
財務レバレッジ1.4倍1.4倍1.4倍1.4倍1.5倍1.5倍1.5倍1.5倍1.5倍1.7倍1.7倍1.7倍-
実質ROE5.4%5.3%5.1%5.2%5.3%5.3%5.3%5.4%5.5%5.4%5.3%--
ROIC4.3%4.3%4.2%4.2%4.1%4.1%4.1%4.1%4.0%3.9%3.8%4.0%-
ROA3.8%3.8%3.7%3.6%3.7%3.7%3.7%3.7%3.5%3.3%3.2%3.4%-
β0.510.500.530.560.660.690.730.700.680.710.730.72-
βの決定係数(R2)0.210.200.210.240.270.290.350.320.320.300.300.35-
自己資本比率(%)
利益剰余金(百万円)
有利子負債(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84,62683,58085,30491,63589,76395,12998,487101,97451,81943,09949,89849,710-
売上債権66,96766,96772,14976,46579,67679,01686,52783,16576,24593,74593,74592,236-
棚卸資産63,17263,17263,26365,24271,88267,35470,79369,14973,34881,18881,18879,854-
有価証券7,2607,1377,5587,8577,1496,8347,3747,3366,8027,2918,155--
前払金-------------
繰延税金資産---4,690---------
貸倒引当金-184-208-217-193-185-243-254-232-340-349-369--
流動資産238,661242,310247,728265,442255,825268,028266,666268,170242,672235,988255,942238,980-
固定資産
建物・構築物54,80154,33155,62155,97955,21855,62455,06458,30858,72070,10170,175--
機械・運搬具37,98937,93539,08138,70037,67138,19336,82741,39346,40749,05148,657--
土地41,23841,27042,28242,20842,25342,36042,62542,61142,75145,80945,92245,791-
建設仮勘定---10,337---10,030---13,682-
有形固定資産144,210147,225149,312150,942151,452153,270153,536156,317190,880211,167213,617208,487-
のれん6,5026,1885,9185,6235,6495,4815,3445,01657,18048,63349,03042,743-
無形固定資産13,98613,43712,82112,40911,77211,48210,96810,46262,69777,68878,35368,716-
投資有価証券156,292153,361167,999158,211170,189164,596157,805149,659140,418137,399146,435--
繰延税金資産---3,045---6,064-----
貸倒引当金-120-117-112-125-123-123-120-122-119-125-125--
敷金および保証金-------------
投資その他の資産162,930160,214174,514164,699179,340173,636167,443159,802152,517152,517161,649--
固定資産321,127320,877336,648328,051342,564338,390331,948326,583406,095441,373453,620427,234-
総資産559,789563,187584,377593,493598,390606,418598,614594,754648,767677,362709,563666,215-
 
負債
有利子負債合計13,86413,86413,91715,95815,08615,30919,08016,76816,30691,13091,13084,293-
仕入債務42,21842,21846,82846,43358,49253,08956,53054,58154,93656,57956,57953,730-
前受金-------------
未払法人税等2,0544,0642,7704,3972,4764,5033,2895,2172,3134,9453,967--
繰延税金負債(固定)28,00126,78230,88529,09730,94229,19827,41024,664-----
負債154,120159,871166,905179,699176,606182,457178,068175,905240,352261,718280,640257,172-
 
純資産
資本金17,11717,11717,11717,11717,11717,11717,11717,11717,11717,11717,11717,117-
資本剰余金12,90912,93512,91512,89412,89212,88112,87512,88212,87212,63212,630--
利益剰余金294,759299,791303,163306,415308,274313,299315,553319,705319,418328,509329,885332,342-
自己株式-6,015-11,307-11,804-11,695-11,640-11,668-11,483-11,403-11,359-11,421-11,224--
非支配株主持分12,92913,39313,90014,32713,88214,23514,43614,74314,83413,91214,47313,908-
純資産405,668403,316417,472413,794421,784423,961420,545418,848408,414415,644428,922409,042-
キャッシュフロー(百万円)
研究開発費(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8,16715,68726,62032,4309,05216,70627,00633,1137,25518,26728,521--
減価償却費-7,537-15,509-7,211-14,951-10,141-21,235-
のれん償却額-615-1,224-643-1,324-2,935-5,672-
減損損失---129--4272-3,9064,2995,224-
受取利息及び受取配当金--1,262--2,717--1,462--3,113--1,653---
売上債権の増減額--2,779--10,217--7,385-2,697-3,520---
棚卸資産の増減額-419--8,010-1,253--1,700-6,634---
仕入債務の増減額-6,436-18,185--1,110--2,666--14,630---
営業CF-22,453-42,869-15,905-39,873-10,935-38,420-
投資CF
有価証券の取得0-1,7360-3,5800-1,2160-2,7800-1,55800-
有価証券の売却・償還02085802701,70602200-
固定資産の購入0-9,8610-19,7040-7,7310-18,2330-12,21800-
固定資産の売却02840898000440000-
貸付け-------------
貸付金の回収-------------
投資CF--10,131--18,067--8,171--19,184--90,392--96,844-
財務CF
短期借入金の純増減額-------------
長期借入れ-3,387-3,369-1,094-1,105-10,000---
長期借入金の返済-------------
社債の発行---------19,888---
社債の償還-------------
自己株式の取得--9,427--10,164--189--190--189---
自己株式の売却-183-339-178-297-146---
配当金の支払--3,926--8,088--4,455--9,209--4,755---
財務CF--14,467--18,593--3,636--10,567-19,576-8,337-
換算差額-145-1,415--584--202-76---
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額---20,443---17,619-----
研究開発費-------------
発行済株式総数304,357,891株304,357,891株304,357,891株304,357,891株304,357,891株304,357,891株304,357,891株304,357,891株304,357,891株304,357,891株304,357,891株304,357,891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---6,545人---6,760人-----
売上/従業員(千円)84,13084,13084,13084,13082,52082,52082,52082,52083,63183,63183,631--
営利/従業員(千円)4,0344,0344,0344,0344,1564,1564,1564,1563,9823,9823,982--