通期売上(百万円)
通期利益(百万円)
P/L2017.32018.32019.32020.3
売上103,177105,291105,274113,000
前期比101.8%102.0%100.0%107.3%
売上原価78,86079,57481,289-
売上総利益24,31725,71723,985-
%23.6%24.4%22.8%-
販管費19,10119,36220,242-
営業利益5,2156,3543,7425,100
前期比95.0%121.8%58.9%136.3%
%5.1%6.0%3.6%4.5%
受取利息および受取配当金14911367-
持分法による投資利益76---
営業外収益7,9848,4277,775-
支払利息917374-
持分法による投資損失-701574-
営業外費用7051,1721,204-
経常利益12,49413,60910,3145,100
固定資産売却益----
投資有価証券売却益-7373-
特別利益35121443-
固定資産売却損----
投資有価証券売却損-275--
減損損失96---
特別損失124301288-
税引前利益12,40513,42910,468-
法人税等4,3164,5123,140-
%34.8%33.6%30.0%-
当期純利益8,0888,9177,328-
非支配株主に帰属する当期純利益606603465-
親会社株主に帰属する当期純利益7,4828,3136,8622,600
前期比98.7%111.1%82.5%37.9%
%7.3%7.9%6.5%2.3%
 
EBITDA10,06410,06411,30810,176
EPS280.2円311.3円257.0円101.2円
BPS2,872.9円3,035.2円3,148.7円-
期初会社予想2017.32018.32019.32020.3
売上高(期初予)104,000108,000105,000113,000
対実績比99.2%97.5%100.3%-
営業利益(期初予)5,0005,2004,7005,100
対実績比104.3%122.2%79.6%-
純利益(期初予)7,6008,0007,6002,600
対実績比98.4%103.9%90.3%-
配当
ROEデュポン分解
マルチプル2017.32018.32019.32020.3
企業価値71,764103,11376,367-
時価総額72,339109,74872,790-
純有利子負債-575-6,6353,577-
PER(会予)10.6倍12.5倍10.9倍-
PBR0.9倍1.4倍0.9倍-
PER × PBR10.0倍16.9倍9.4倍-
EV/EBITDA(会予)7.7倍9.5倍8.8倍-
PSR(会予)0.7倍1.0倍0.7倍-
PCFR(会予)6.2倍8.0倍6.2倍-
配当金72.0円110.0円110.0円50.0円
配当利回り2.7%2.7%4.0%-
配当性向25.7%35.3%42.8%-
自己資本配当率2.5%3.6%3.5%-
ROE9.8%10.3%8.2%-
%7.3%7.9%6.5%2.3%
総資産回転率0.8回0.8回0.8回-
財務レバレッジ1.6倍1.6倍1.6倍-
実質ROE9.4%9.9%7.9%-
ROIC0.9%1.9%0.6%-
ROA6.2%6.4%5.0%-
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19,07225,06915,232-
売上債権8,4479,66610,824-
棚卸資産19,49523,60725,315-
有価証券----
前払金----
繰延税金資産555683--
貸倒引当金-36-1-5-
流動資産50,20760,71353,859-
固定資産
建物・構築物36,97637,48740,579-
機械・運搬具76,48478,14983,270-
土地18,43618,43618,436-
建設仮勘定971,661459-
有形固定資産49,25551,11453,265-
のれん1,8521,2215,388-
無形固定資産2,6141,8998,670-
投資有価証券11,69010,91112,786-
繰延税金資産6906671,008-
貸倒引当金-24-59-58-
敷金および保証金----
投資その他の資産19,47118,50124,071-
固定資産71,34171,51586,008-
総資産121,549132,229139,867-
 
負債
有利子負債合計18,49718,17520,211-
仕入債務5,1148,7109,953-
前受金----
未払法人税等1,6862,9851,411-
繰延税金負債(固定)1,7571,7911,589-
負債37,86642,35744,804-
 
純資産
資本金7,0837,0837,083-
資本剰余金1,2911,2911,291-
利益剰余金70,12375,36679,157-
自己株式-2,905-2,907-2,910-
非支配株主持分6,9657,5309,587-
総資産83,68289,87195,063-
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12,40513,42910,468-
減価償却費4,1794,3234,660-
のれん償却額670631416-
減損損失96---
受取利息及び受取配当金-149-113-67-
売上債権の増減額-480-527641-
棚卸資産の増減額3,328-4,842253-
仕入債務の増減額-2,1192,294429-
営業CF13,06515,65212,081-
投資CF
有価証券の取得-491-10-2,833-
有価証券の売却・償還43512394-
固定資産の購入-7,093-5,148-8,183-
固定資産の売却29513-
貸付け----
貸付金の回収----
投資CF-7,572-5,062-20,652-
財務CF
短期借入金の純増減額----
長期借入れ1,0006001,600-
長期借入金の返済-1,760-1,213-1,134-
社債の発行----
社債の償還----
自己株式の取得-4-2-2-
自己株式の売却----
配当金の支払-1,996-3,063-3,063-
財務CF-4,471-4,693-1,050-
換算差額---14-
その他2017.32018.32019.32020.3
設備投資額5,4556,0916,576-
研究開発費1,0221,0161,092-
発行済株式総数26,703,229株26,702,652株26,702,072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939人983人1,201人-
売上/従業員(千円)109,880109,880107,112-
営利/従業員(千円)5,5545,5546,464-
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103,17726,70952,40980,739105,29126,69351,02078,550105,27428,79556,86186,961113,000
前期比101.8%25.9%50.8%78.3%102.0%25.4%48.5%74.6%100.0%27.4%54.0%82.6%107.3%
売上原価78,86019,86939,44960,45579,57420,55539,67860,40781,28922,11443,25766,222-
売上総利益24,3176,83912,96020,28325,7176,13811,34218,14323,9856,68013,60320,738-
%23.6%25.6%24.7%25.1%24.4%23.0%22.2%23.1%22.8%23.2%23.9%23.8%-
販管費19,1014,7289,36914,47519,3625,0049,72015,11320,2425,28210,52515,771-
営業利益5,2152,1113,5915,8076,3541,1341,6213,0303,7421,3983,0784,9665,100
前期比95.0%40.5%68.9%111.4%121.8%17.8%25.5%47.7%58.9%37.4%82.3%132.7%136.3%
%5.1%7.9%6.9%7.2%6.0%4.2%3.2%3.9%3.6%4.9%5.4%5.7%4.5%
受取利息および受取配当金149759910911326496067648697-
持分法による投資利益76592791--41-------
営業外収益7,9842,4024,7106,0038,4271,9584,1036,3007,7757891,1191,385-
支払利息912037547317324874234163-
持分法による投資損失---158701-485823574878451,038-
営業外費用705632114481,172817531,1841,2042431,1431,551-
経常利益12,4944,4508,09011,36213,6093,0124,9718,14610,3141,9453,0544,8005,100
固定資産売却益-------------
投資有価証券売却益--737373--17368147209-
特別利益352497121121999100443341450847-
固定資産売却損-------------
投資有価証券売却損----275--------
減損損失96------------
特別損失124012630196186288-19425-
税引前利益12,4054,4738,18611,45813,4293,0125,0098,16010,4682,2863,4855,222-
法人税等4,3161,2962,4623,6934,5129591,7022,8443,1407831,3692,060-
%34.8%29.0%30.1%32.2%33.6%31.8%34.0%34.9%30.0%34.3%39.3%39.4%-
当期純利益8,0883,1775,7237,7648,9172,0523,3065,3157,3281,5032,1163,162-
非支配株主に帰属する当期純利益606259399546603122163283465226439403-
親会社株主に帰属する当期純利益7,4822,9175,3247,2188,3131,9293,1435,0316,8621,2761,6772,7592,600
前期比98.7%39.0%71.2%96.5%111.1%23.2%37.8%60.5%82.5%18.6%24.4%40.2%37.9%
%7.3%10.9%10.2%8.9%7.9%7.2%6.2%6.4%6.5%4.4%2.9%3.2%2.3%
 
EBITDA10,06410,06410,06410,06410,06411,30811,30811,30811,3088,8188,8188,81810,176
EPS280.2円311.3円311.3円311.3円311.3円311.3円257.0円257.0円257.0円257.0円267.0円267.0円101.2円
BPS2,872.9円2,920.3円2,920.3円3,012.0円3,035.2円3,083.6円3,094.5円3,133.1円3,148.7円3,201.1円3,235.9円3,235.9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)104,000108,000108,000108,000108,000105,000105,000105,000105,000113,000113,000113,000113,000
対実績比99.2%24.7%48.5%74.8%97.5%25.4%48.6%74.8%100.3%25.5%50.3%77.0%-
営業利益(期初予)5,0005,2005,2005,2005,2004,7004,7004,7004,7005,1005,1005,1005,100
対実績比104.3%40.6%69.1%111.7%122.2%24.1%34.5%64.5%79.6%27.4%60.4%97.4%-
純利益(期初予)7,6008,0008,0008,0008,0007,6007,6007,6007,6002,6002,6002,6002,600
対実績比98.4%36.5%66.6%90.2%103.9%25.4%41.4%66.2%90.3%49.1%64.5%106.1%-
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71,76481,73395,885114,643103,11383,59478,91963,40776,36763,22854,95356,161-
時価総額72,33986,919101,071127,106109,74891,72487,05074,31272,79059,49257,34158,549-
純有利子負債-575-5,186-5,186-12,463-6,635-8,130-8,131-10,9053,5773,736-2,388-2,388-
PER(会予)10.6倍10.9倍12.6倍14.4倍12.5倍12.1倍11.5倍9.8倍10.9倍22.9倍22.1倍22.5倍-
PBR0.9倍1.1倍1.3倍1.6倍1.4倍1.1倍1.1倍0.9倍0.9倍0.7倍0.7倍0.7倍-
PER × PBR10.0倍12.1倍16.4倍22.8倍16.9倍13.4倍12.1倍8.7倍9.4倍15.9倍15.2倍15.9倍-
EV/EBITDA(会予)7.7倍8.1倍9.5倍10.6倍9.5倍8.7倍8.2倍6.6倍8.8倍6.2倍5.4倍5.5倍-
PSR(会予)0.7倍0.8倍0.9倍1.2倍1.0倍0.9倍0.8倍0.7倍0.7倍0.5倍0.5倍0.5倍-
PCFR(会予)6.2倍6.8倍7.9倍9.3倍8.0倍7.3倍6.9倍5.9倍6.2倍7.8倍7.5倍7.6倍-
配当金72.0円110.0円110.0円110.0円110.0円110.0円110.0円110.0円110.0円110.0円110.0円110.0円50.0円
配当利回り2.7%3.4%2.9%2.3%2.7%3.2%3.4%4.0%4.0%4.9%4.9%4.8%-
配当性向25.7%35.3%35.3%35.3%35.3%35.3%42.8%42.8%42.8%42.8%41.2%41.2%-
自己資本配当率2.5%3.8%3.8%3.7%3.6%3.6%3.6%3.5%3.5%3.4%3.4%3.4%-
ROE9.8%10.7%10.7%10.3%10.3%10.1%8.3%8.2%8.2%8.0%8.3%8.3%-
%7.3%10.9%10.2%8.9%7.9%7.2%6.2%6.4%6.5%4.4%2.9%3.2%2.3%
総資産回転率0.8回0.9回0.9回0.8回0.8回0.8回0.8回0.8回0.8回0.8回0.8回0.8回-
財務レバレッジ1.6倍1.5倍1.5倍1.6倍1.6倍1.6倍1.5倍1.5倍1.6倍1.6倍1.7倍1.7倍-
実質ROE9.4%10.3%10.3%10.0%9.9%9.8%8.0%7.9%7.9%7.8%7.8%7.8%-
ROIC0.9%2.0%2.0%2.0%1.9%1.9%0.6%0.6%0.6%0.6%0.6%0.6%-
ROA6.2%6.9%6.9%6.6%6.4%6.3%5.5%5.4%5.0%4.9%4.9%4.9%-
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19,07220,95226,43524,81025,06923,22724,22816,63415,23218,89120,83214,063-
売上債権8,4478,8508,8509,7419,6668,9769,0038,95510,8249,86110,11910,119-
棚卸資産19,49517,87917,87915,83123,60724,33820,10616,31925,31525,76219,07819,078-
有価証券-------------
前払金-------------
繰延税金資産555570612463683--------
貸倒引当金-36--36--1-0-6-5-5-5-5-
流動資産50,20749,35353,50960,18760,71353,92950,96755,35953,85953,96054,54957,325-
固定資産
建物・構築物36,97636,62836,76536,92837,48737,53138,31440,23440,57940,49539,88939,930-
機械・運搬具76,48476,64976,54777,24278,14978,28279,43582,49383,27083,72083,77484,838-
土地18,43618,43618,43618,43618,43618,43618,43618,43618,43618,43618,14818,148-
建設仮勘定971565596041,6612,2072,5765164598231,662823-
有形固定資産49,25548,54249,26749,35951,11451,02153,06552,31853,26553,28753,36753,218-
のれん1,8521,6851,5291,3741,2211,1331,0466,6145,3885,2494,9534,771-
無形固定資産2,6142,4112,2152,0511,8991,7721,6427,1688,6708,4428,0167,793-
投資有価証券11,69012,43512,58611,65710,91110,89613,06512,73812,78612,95512,14511,884-
繰延税金資産6906886586556678959178861,008----
貸倒引当金-24-25-25-25-59-59-60-60-58-57-51-51-
敷金および保証金-------------
投資その他の資産19,47120,24120,54319,17118,50118,63820,88621,97724,07123,72323,03223,044-
固定資産71,34171,19572,02670,58271,51571,43275,59481,46486,00885,45384,41684,056-
総資産121,549120,549125,536130,770132,229125,362126,562136,823139,867139,413138,965141,381-
 
負債
有利子負債合計18,49715,76615,76613,97218,17516,93915,09613,32320,21118,96818,44418,444-
仕入債務5,1144,8984,8986,3328,7107,5476,4426,5379,9539,4088,4958,495-
前受金-------------
未払法人税等1,6861,3282,5281,8192,9859051,7185491,4111,1612,3311,659-
繰延税金負債(固定)1,7571,8671,9371,7981,7911,4211,4521,5291,589----
負債37,86635,34037,72042,22742,35735,07335,20543,95944,80446,57745,87948,106-
 
純資産
資本金7,0837,0837,0837,0837,0837,0837,0837,0837,0837,0837,0837,083-
資本剰余金1,2911,2911,2911,2911,2911,2911,2911,2911,2917081,2911,291-
利益剰余金70,12371,30573,71174,27175,36675,69376,90777,32679,15778,96579,36679,805-
自己株式-2,905-2,905-2,906-2,907-2,907-2,908-2,909-2,909-2,910-4,032-5,215-5,215-
非支配株主持分6,9657,2277,3877,4957,5307,6567,6968,7859,5879,2739,9179,884-
総資産83,68285,20987,81688,54289,87190,28891,35692,86395,06392,83693,08693,274-
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12,4054,4738,18611,45813,4293,0125,0098,16010,4682,2863,4855,222-
減価償却費4,179-2,146-4,323-2,222-4,660-2,566--
のれん償却額670-322-631-174-416-374--
減損損失96------------
受取利息及び受取配当金-149--99--113--49--67--87--
売上債権の増減額-480--1,292--527-20-641--303--
棚卸資産の増減額3,328-3,663--4,842-8,019-253-6,600--
仕入債務の増減額-2,119-918-2,294--1,238-429--759--
営業CF13,065-14,757-15,652-11,236-12,081-12,723--
投資CF
有価証券の取得-4910-50-100-2,8240-2,8330-2760-
有価証券の売却・償還435012301230009401770-
固定資産の購入-7,0930-1,2920-5,1480-4,0100-8,1830-2,9960-
固定資産の売却2905050301303140-
貸付け-------------
貸付金の回収-------------
投資CF-7,572--1,035--5,062--6,648--20,652--2,568--
財務CF
短期借入金の純増減額-------------
長期借入れ1,000---600---1,600-5,000--
長期借入金の返済-1,760--606--1,213--574--1,134--760--
社債の発行-------------
社債の償還-------------
自己株式の取得-4--1--2--2--2--2,304--
自己株式の売却-------------
配当金の支払-1,996--1,731--3,063--1,597--3,063--1,464--
財務CF-4,471--6,259--4,693--5,228--1,050--4,241--
換算差額---------14--13--
その他16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
設備投資額5,455---6,091---6,576----
研究開発費1,022---1,016---1,092----
発行済株式総数26,703,229株26,703,139株26,703,139株26,702,925株26,702,652株26,702,673株26,702,431株26,702,175株26,702,072株26,701,940株25,701,870株25,701,870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939人---983人---1,201人----
売上/従業員(千円)109,880109,880109,880109,880109,880107,112107,112107,112107,11287,65587,65587,655-
営利/従業員(千円)5,5545,5545,5545,5545,5546,4646,4646,4646,4643,1163,1163,116-