通期売上(百万円)
売上5y CAGR・予想:-1.0 %
通期利益(百万円)
営利5y CAGR・予想:-5.3 %
純利5y CAGR・予想:-18.1 %
P/L
2017.112018.112019.112020.11E
売上561,688573,525545,723555,000
前期比101.7%102.1%95.2%101.7%
売上原価432,773440,378412,741-
売上総利益128,915133,146132,981-
%23.0%23.2%24.4%-
販管費97,654100,078100,933-
営業利益31,26133,06732,04832,100
前期比104.8%105.8%96.9%100.2%
%5.6%5.8%5.9%5.8%
受取利息および受取配当金583597564-
持分法による投資利益93130168-
営業外収益2,1622,1322,451-
支払利息376341294-
持分法による投資損失----
営業外費用9118501,224-
経常利益32,51134,34933,27532,500
固定資産売却益87137137-
投資有価証券売却益1,1793,670370-
特別利益1,3314,5871,226-
固定資産売却損----
投資有価証券売却損----
減損損失5812,983729-
特別損失3,0605,3502,013-
税引前利益30,78333,58632,487-
法人税等9,22311,72210,572-
%30.0%34.9%34.9%-
当期純利益21,56021,86321,915-
非支配株主に帰属する当期純利益3,4603,5423,216-
親会社株主に帰属する当期純利益18,09918,32018,69814,500
前期比105.9%101.2%102.1%77.5%
%3.2%3.2%3.2%2.6%
 
EBITDA48,46251,79651,79651,929
EPS123.1円128.1円130.7円128.6円
BPS1,539.9円1,582.3円1,646.7円-
期初会社予想
2017.112018.112019.112020.11E
売上高(期初予)565,000580,000560,000555,000
対実績比99.4%98.9%97.5%-
営業利益(期初予)33,00033,00033,20032,100
対実績比94.7%100.2%96.5%-
純利益(期初予)18,00018,60018,40014,500
対実績比100.6%98.5%101.6%-
配当
ROEデュポン分解
β
マルチプル
2017.112018.112019.112020.11E
株価2,885円2,756円2,433円-
企業価値453,095415,698366,259-
時価総額424,223394,227348,022-
純有利子負債28,87221,47118,237-
PER(会予)24.4倍21.2倍18.9倍-
PBR1.9倍1.7倍1.5倍-
PER × PBR45.7倍36.9倍28.3倍-
EV/EBITDA(会予)9.4倍8.0倍7.1倍-
PSR(会予)0.8倍0.7倍0.6倍-
PCFR(会予)12.3倍10.6倍9.4倍-
配当金36.5円38.0円45.0円45.0円
配当利回り1.3%1.4%1.6%-
配当性向29.7%29.7%34.4%-
自己資本配当率2.4%2.4%2.7%-
ROE8.0%8.1%7.9%-
純利益率(再掲)3.2%3.2%3.4%-
総資産回転率1.3回1.4回1.2回-
財務レバレッジ1.9倍1.9倍1.9倍-
実質ROE7.8%7.6%7.4%-
ROIC7.7%7.5%7.2%-
ROA4.3%4.3%4.2%-
β0.340.240.30-
βの決定係数(R2)0.060.020.05-
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
2017.112018.112019.112020.11E
流動資産
現金29,61838,49346,777-
売上債権78,21277,03486,251-
棚卸資産28,70428,25327,409-
有価証券12,0009,50010,000-
前払金----
繰延税金資産2,8233,024--
貸倒引当金-222-446-426-
流動資産156,332161,426174,790-
固定資産
建物・構築物185,446181,314183,036-
機械・運搬具170,766175,809179,442-
土地49,82052,08452,178-
建設仮勘定4,57111,22315,268-
有形固定資産194,746198,856207,459-
のれん3,7781,233989-
無形固定資産8,3596,2939,921-
投資有価証券34,49529,67327,225-
繰延税金資産2,0272,4243,625-
貸倒引当金-182-181-177-
敷金および保証金----
投資その他の資産59,76954,79752,138-
固定資産262,875259,946269,519-
総資産419,207421,373444,309-
 
負債
有利子負債合計58,49059,96463,216-
仕入債務48,00844,51850,427-
前受金----
未払法人税等4,0056,7754,208-
繰延税金負債(固定)9,0687,7225,344-
負債155,775155,273167,556-
 
純資産
資本金24,10424,10424,104-
資本剰余金29,42529,54329,483-
利益剰余金170,583183,431196,551-
自己株式-6,603-15,859-15,862-
非支配株主持分36,99239,76841,201-
純資産263,432266,100276,753-
キャッシュフロー(百万円)
C/S
2017.112018.112019.112020.11E
営業CF
税金等調整前当期純利益30,78333,58632,487-
減価償却費16,79418,21518,649-
のれん償却額407514244-
減損損失5812,983729-
受取利息及び受取配当金-584-597-565-
売上債権の増減額-2,0641,293-6,983-
棚卸資産の増減額-1,477-1,132-925-
仕入債務の増減額-1,152-3,4159,078-
営業CF27,23441,77843,916-
投資CF
有価証券の取得-892-1,766-42-
有価証券の売却・償還1,6515,159637-
固定資産の購入-26,668-31,306-30,026-
固定資産の売却000-
貸付け-264-430-593-
貸付金の回収1264675-
投資CF-31,421-20,199-29,720-
財務CF
短期借入金の純増減額-1,180985-3,135-
長期借入れ25,7003,20010,039-
長期借入金の返済-2,261-2,248-3,014-
社債の発行--10,000-
社債の償還---10,000-
自己株式の取得-10,024-9,278-2-
自己株式の売却----
配当金の支払-5,639-5,514-5,578-
財務CF4,010-15,293-4,602-
換算差額797-194-785-
その他
2017.112018.112019.112020.11E
設備投資額27,18232,10528,569-
研究開発費4,0584,1424,156-
発行済株式総数147,044,479株143,043,075株143,041,950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
2017.112018.112019.112020.11E
従業員数14,924人14,808人15,452人-
売上/従業員(千円)37,63738,73138,731-
営利/従業員(千円)2,0952,2332,233-
四半期売上(百万円)
売上5y CAGR・予想:-1.0 %
四半期利益(百万円)
営利5y CAGR・予想:-5.3 %
純利5y CAGR・予想:-18.1 %
P/L
16.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
売上421,013561,688137,212285,004433,446573,525128,319268,986407,467545,723133,141263,057530,000
前期比101.7%101.7%103.9%102.8%103.0%102.1%93.5%94.4%94.0%95.2%103.8%97.8%97.1%
売上原価323,789432,773106,818218,871332,304440,37897,956203,106307,272412,741102,985202,973-
売上総利益97,223128,91530,39366,132101,142133,14630,36365,879100,195132,98130,15560,083-
%23.1%23.0%22.2%23.2%23.3%23.2%23.7%24.5%24.6%24.4%22.6%22.8%-
販管費72,83397,65424,66750,17075,023100,07824,33649,79075,195100,93325,04948,889-
営業利益24,39031,2615,72515,96126,11933,0676,02616,08825,00032,0485,10511,19424,000
前期比104.1%104.8%102.7%107.9%107.1%105.8%105.3%100.8%95.7%96.9%84.7%69.6%74.9%
%5.8%5.6%4.2%5.6%6.0%5.8%4.7%6.0%6.1%5.9%3.8%4.3%4.5%
受取利息および受取配当金524583210327529597209296506564230--
持分法による投資利益64934277113130397311416852--
営業外収益1,5392,1624679781,7682,1326541,3542,0552,451539891-
支払利息267376861722603418015122229490185-
持分法による投資損失-------------
営業外費用6659111753965238502725058281,224359699-
経常利益25,26432,5116,01716,54327,36334,3496,40816,93726,22733,2755,28611,38524,200
固定資産売却益6287375879137580981379--
投資有価証券売却益1,1341,17933334253,670---3702--
特別利益1,2601,33171925044,58757988961,2261141-
固定資産売却損-------------
投資有価証券売却損-------------
減損損失222581--2192,983926426427294949-
特別損失1,7843,0602285491,6195,3503311,1961,5522,0136271,005-
税引前利益24,74030,7835,86016,08626,24933,5866,08216,53825,57032,4874,67010,421-
法人税等7,7329,2231,9885,3298,70011,7222,0285,3028,19810,5721,6213,577-
%33.9%30.0%30.0%30.0%30.0%34.9%34.9%34.9%34.9%34.9%32.5%32.5%-
当期純利益17,00821,5603,87110,75717,54921,8634,05411,23617,37221,9153,0496,844-
非支配株主に帰属する当期純利益2,6643,4606241,6862,8593,5425531,6792,6343,216492--
親会社株主に帰属する当期純利益14,34318,0993,2479,07014,68918,3203,5009,55614,73718,6982,5565,6437,700
前期比105.5%105.9%120.5%112.7%102.4%101.2%107.8%105.4%100.3%102.1%73.0%59.1%41.2%
%3.1%3.2%3.2%3.2%3.2%3.2%3.2%3.2%3.2%3.2%3.4%3.4%1.5%
 
EBITDA48,29348,46248,46248,46248,46251,79651,79651,79651,79651,79650,94150,94148,893
EPS119.7円123.1円124.6円124.6円124.6円128.1円130.7円130.7円130.7円130.7円130.7円130.7円83.9円
BPS1,503.0円1,539.9円1,543.5円1,584.8円1,596.1円1,582.3円1,579.2円1,618.5円1,625.5円1,646.7円1,637.1円1,652.6円-
期初会社予想
16.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
売上高(期初予)565,000565,000580,000580,000580,000580,000560,000560,000560,000560,000555,000555,000530,000
対実績比74.5%99.4%23.7%49.1%74.7%98.9%22.9%48.0%72.8%97.5%24.0%47.4%-
営業利益(期初予)33,00033,00033,00033,00033,00033,00033,20033,20033,20033,20032,10032,10024,000
対実績比73.9%94.7%17.3%48.4%79.1%100.2%18.2%48.5%75.3%96.5%15.9%34.9%-
純利益(期初予)18,00018,00018,60018,60018,60018,60018,40018,40018,40018,40014,50014,5007,700
対実績比79.7%100.6%17.5%48.8%79.0%98.5%19.0%51.9%80.1%101.6%17.6%38.9%-
配当
ROEデュポン分解
β
マルチプル
16.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
株価2,635円2,885円2,931円2,631円2,678円2,756円2,542円2,431円2,485円2,433円1,985円2,109円-
企業価値413,567453,095456,878410,548417,175415,698386,284369,866377,590366,259301,730319,021-
時価総額398,319424,223430,986386,872393,782394,227363,615347,736355,460348,022283,938301,675-
純有利子負債15,24828,87225,89223,67623,39321,47122,66922,13022,13018,23717,79217,346-
PER(会予)22.9倍24.4倍23.2倍20.8倍21.2倍21.2倍19.8倍18.9倍19.3倍18.9倍19.6倍25.1倍-
PBR1.8倍1.9倍1.9倍1.7倍1.7倍1.7倍1.6倍1.5倍1.5倍1.5倍1.2倍1.3倍-
PER × PBR40.1倍45.7倍44.0倍34.5倍35.5倍36.9倍31.8倍28.4倍29.7倍28.3倍23.6倍32.4倍-
EV/EBITDA(会予)8.4倍9.4倍9.1倍8.2倍8.2倍8.0倍7.4倍7.1倍7.3倍7.1倍5.9倍6.5倍-
PSR(会予)0.7倍0.8倍0.7倍0.7倍0.7倍0.7倍0.6倍0.6倍0.6倍0.6倍0.5倍0.6倍-
PCFR(会予)11.1倍12.3倍12.0倍10.8倍11.0倍10.6倍9.8倍9.4倍9.6倍9.4倍8.5倍9.8倍-
配当金-36.5円---38.0円---45.0円--40.0円
配当利回り1.3%1.3%1.2%1.4%1.4%1.4%1.5%1.6%1.5%1.6%2.3%2.1%-
配当性向-29.7%---29.7%---34.4%---
自己資本配当率2.4%2.4%2.5%2.4%2.4%2.4%2.8%2.8%2.8%2.7%2.7%2.7%-
ROE8.0%8.0%8.1%7.9%7.8%8.1%8.3%8.1%8.0%7.9%8.0%7.9%-
純利益率(再掲)3.4%3.2%2.4%3.2%3.4%3.2%2.7%3.6%3.6%3.4%1.9%2.1%-
総資産回転率1.3回1.3回1.4回1.3回1.3回1.4回1.3回1.3回1.2回1.2回1.2回1.2回-
財務レバレッジ1.8倍1.9倍1.8倍1.8倍1.9倍1.9倍1.8倍1.8倍1.8倍1.9倍1.9倍1.9倍-
実質ROE7.9%7.8%7.8%7.6%7.6%7.6%7.7%7.6%7.5%7.4%7.5%--
ROIC7.8%7.7%7.6%7.4%7.4%7.5%7.5%7.3%7.3%7.2%7.2%7.2%-
ROA4.3%4.3%4.4%4.3%4.2%4.3%4.5%4.4%4.2%4.2%4.3%4.2%-
β0.290.340.420.290.270.240.320.340.320.300.360.27-
βの決定係数(R2)0.040.060.080.030.030.020.050.060.050.050.080.06-
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
16.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
流動資産
現金39,45029,61827,35030,99432,24538,49337,63439,50544,97946,77744,84543,268-
売上債権80,54578,21272,22781,25784,22677,03467,96378,08178,08186,25183,65177,734-
棚卸資産27,77328,70429,89430,43130,12028,25328,77128,53628,53627,40928,83529,373-
有価証券10,00012,00012,00011,5009,5009,5009,5009,5009,50010,00010,000--
前払金-------------
繰延税金資産-2,823---3,024-------
貸倒引当金-183-222-257-290-273-446-379-398-415-426-412--
流動資産167,713156,332150,204162,929166,532161,426148,727161,156173,506174,790166,628163,902-
固定資産
建物・構築物184,473185,446187,040187,434186,620181,314183,203182,875183,080183,036191,402--
機械・運搬具168,418170,766172,935173,226173,837175,809176,890178,578178,107179,442177,868--
土地49,81149,82049,83250,97050,85552,08452,01652,19352,19652,17852,21152,662-
建設仮勘定2,9804,5713,7045,15011,35611,22311,28514,95614,42315,2688,4295,834-
有形固定資産190,461194,746195,467196,887201,796198,856199,381202,707204,652207,459210,298211,899-
のれん4,6213,7783,8513,6113,3621,2331,1691,1061,044989935880-
無形固定資産8,6878,3598,4818,0898,0706,2938,9659,1269,5099,92110,20510,936-
投資有価証券31,47134,49532,51334,12831,99829,67328,35227,02425,86727,22525,176--
繰延税金資産-2,027---2,424---3,625---
貸倒引当金-190-182-184-184-184-181-181-180-180-177-181--
敷金および保証金-------------
投資その他の資産52,04259,76958,38060,65459,20554,79754,83453,38853,30152,13851,003--
固定資産251,191262,875262,329265,631269,071259,946263,181265,223267,463269,519271,507276,314-
総資産418,904419,207412,533428,561435,604421,373411,908426,379440,970444,309438,135440,217-
 
負債
有利子負債合計54,69858,49053,24254,67055,63859,96460,30361,63561,63563,21664,56962,191-
仕入債務49,10548,00845,44448,17749,18544,51841,60944,66144,66150,42753,29950,039-
前受金-------------
未払法人税等3,7884,0052,4665,8495,7296,7752,1145,6854,1314,2082,043--
繰延税金負債(固定)-9,068---7,722---5,344---
負債155,970155,775148,293157,267162,035155,273146,282153,843167,671167,556162,541163,185-
 
純資産
資本金24,10424,10424,10424,10424,10424,10424,10424,10424,10424,10424,10424,104-
資本剰余金29,42529,42529,42529,42529,42529,54329,54329,53329,48329,48329,483--
利益剰余金173,572170,583171,123176,946179,772183,431184,218190,274192,590196,551195,487198,574-
自己株式-3,353-6,603-6,604-6,605-6,606-15,859-15,860-15,861-15,862-15,862-15,862--
非支配株主持分35,73536,99237,28338,25738,87039,76839,73441,02040,78441,20141,41540,639-
純資産262,934263,432264,240271,294273,568266,100265,626272,535273,298276,753275,594277,031-
キャッシュフロー(百万円)
C/S
16.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
営業CF
税金等調整前当期純利益24,74030,7835,86016,08626,24933,5866,08216,53825,57032,4874,670--
減価償却費12,35116,794-8,869-18,215-9,186-18,649-9,821-
のれん償却額-407-259-514-127-244-109-
減損損失222581--2192,983926426427294949-
受取利息及び受取配当金-525-584--328--597--297--565---
売上債権の増減額-4,548-2,064--2,936-1,293--1,117--6,983---
棚卸資産の増減額-712-1,477--1,807--1,132--378--925---
仕入債務の増減額135-1,152-360--3,415-233-9,078---
営業CF18,03627,234-17,537-41,778-16,780-43,916-16,748-
投資CF
有価証券の取得-892-8920-1260-1,7660-240-4200-
有価証券の売却・償還01,6510005,15900063700-
固定資産の購入-20,939-26,6680-12,9450-31,3060-17,9360-30,0260-14,843-
固定資産の売却000000000000-
貸付け-256-264--146--430--369--593---
貸付金の回収117126-22-46-29-75---
投資CF-25,426-31,421--13,516--20,199--17,285--29,720--14,773-
財務CF
短期借入金の純増減額-1,048-1,180-1,672-985-759--3,135---
長期借入れ25,70025,700---3,200-6,500-10,039---
長期借入金の返済-1,677-2,261--1,109--2,248--1,734--3,014---
社債の発行-------10,000-10,000---
社債の償還--------10,000--10,000---
自己株式の取得-3-10,024--2--9,278--1--2---
自己株式の売却1------------
配当金の支払-5,639-5,639--2,720--5,514--2,717--5,578---
財務CF15,2164,010--3,461--15,293-1,641--4,602--5,461-
換算差額631797--145--194--101--785---
その他
16.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
設備投資額-27,182---32,105---28,569---
研究開発費-4,058-1,900-4,142-1,867-4,156---
発行済株式総数151,164,657株147,044,479株147,044,177株147,043,785株147,043,385株143,043,075株143,042,891株143,042,407株143,042,134株143,041,950株143,041,840株143,041,580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.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
従業員数-14,924人---14,808人---15,452人---
売上/従業員(千円)39,18537,63737,63737,63737,63738,73138,73138,73138,73138,73135,31735,317-
営利/従業員(千円)2,1162,0952,0952,0952,0952,2332,2332,2332,2332,2332,0742,074-
四半期売上(百万円)
売上5y CAGR・予想:-1.0 %
四半期利益(百万円)
営利5y CAGR・予想:-5.3 %
純利5y CAGR・予想:-18.1 %
P/L
16.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
売上143,827140,675137,212147,792148,442140,079128,319140,667138,481138,256133,141129,916530,000
前期比102.4%101.7%103.9%101.9%103.2%99.6%93.5%95.2%93.3%98.7%103.8%92.4%97.1%
売上原価109,904108,984106,818112,053113,433108,07497,956105,150104,166105,469102,98599,988-
売上総利益33,92231,69230,39335,73935,01032,00430,36335,51634,31632,78630,15529,928-
%23.6%22.5%22.2%24.2%23.6%22.8%23.7%25.2%24.8%23.7%22.6%23.0%-
販管費24,32424,82124,66725,50324,85325,05524,33625,45425,40525,73825,04923,840-
営業利益9,5996,8715,72510,23610,1586,9486,02610,0628,9127,0485,1056,08924,000
前期比103.5%107.6%102.7%111.1%105.8%101.1%105.3%98.3%87.7%101.4%84.7%60.5%74.9%
%6.7%4.9%4.2%6.9%6.8%5.0%4.7%7.2%6.4%5.1%3.8%4.7%4.5%
受取利息および受取配当金002100002090002300-
持分法による投資利益1429423536173934415452-52-
営業外収益577623467511790364654700701396539352-
支払利息9310986868881807171729095-
持分法による投資損失00-000-000-0-
営業外費用158246175221127327272233323396359340-
経常利益10,0187,2476,01710,52610,8206,9866,40810,5299,2907,0485,2866,09924,200
固定資産売却益20253721215857518399-9-
投資有価証券売却益1,077453303923,245-003702-2-
特別利益1,1247171214124,0835793983301130-
固定資産売却損00-000-000-0-
投資有価証券売却損00-000-000-0-
減損損失0359-02192,76492550087490-
特別損失8031,2762283211,0703,731331865356461627378-
税引前利益10,3396,0435,86010,22610,1637,3376,08210,4569,0326,9174,6705,751-
法人税等3,0051,4911,9883,3413,3713,0222,0283,2742,8962,3741,6211,956-
%29.1%24.7%33.9%32.7%33.2%41.2%33.3%31.3%32.1%34.3%34.7%34.0%-
当期純利益7,3354,5523,8716,8866,7924,3144,0547,1826,1364,5433,0493,795-
非支配株主に帰属する当期純利益1,0387966241,0621,1736835531,126955582492-492-
親会社株主に帰属する当期純利益6,2963,7563,2475,8235,6193,6313,5006,0565,1813,9612,5563,0877,700
前期比116.4%107.3%120.5%108.8%89.2%96.7%107.8%104.0%92.2%109.1%73.0%51.0%41.2%
%4.4%2.7%2.4%3.9%3.8%2.6%2.7%4.3%3.7%2.9%1.9%2.4%1.5%
 
EBITDA48,29348,46248,46248,46248,46251,79651,79651,79651,79651,79650,94150,94148,893
EPS119.7円123.1円124.6円124.6円124.6円128.1円130.7円130.7円130.7円130.7円130.7円130.7円83.9円
BPS1,503.0円1,539.9円1,543.5円1,584.8円1,596.1円1,582.3円1,579.2円1,618.5円1,625.5円1,646.7円1,637.1円1,652.6円-
期初会社予想
16.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
売上高(期初予)565,000565,000580,000580,000580,000580,000560,000560,000560,000560,000555,000555,000530,000
対実績比74.5%99.4%23.7%49.1%74.7%98.9%22.9%48.0%72.8%97.5%24.0%47.4%-
営業利益(期初予)33,00033,00033,00033,00033,00033,00033,20033,20033,20033,20032,10032,10024,000
対実績比73.9%94.7%17.3%48.4%79.1%100.2%18.2%48.5%75.3%96.5%15.9%34.9%-
純利益(期初予)18,00018,00018,60018,60018,60018,60018,40018,40018,40018,40014,50014,5007,700
対実績比79.7%100.6%17.5%48.8%79.0%98.5%19.0%51.9%80.1%101.6%17.6%38.9%-
配当
ROEデュポン分解
β
マルチプル
16.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
株価2,635円2,885円2,931円2,631円2,678円2,756円2,542円2,431円2,485円2,433円1,985円2,109円-
企業価値413,567453,095456,878410,548417,175415,698386,284369,866377,590366,259301,730319,021-
時価総額398,319424,223430,986386,872393,782394,227363,615347,736355,460348,022283,938301,675-
純有利子負債15,24828,87225,89223,67623,39321,47122,66922,13022,13018,23717,79217,346-
PER(会予)22.9倍24.4倍23.2倍20.8倍21.2倍21.2倍19.8倍18.9倍19.3倍18.9倍19.6倍25.1倍-
PBR1.8倍1.9倍1.9倍1.7倍1.7倍1.7倍1.6倍1.5倍1.5倍1.5倍1.2倍1.3倍-
PER × PBR40.1倍45.7倍44.0倍34.5倍35.5倍36.9倍31.8倍28.4倍29.7倍28.3倍23.6倍32.4倍-
EV/EBITDA(会予)8.4倍9.4倍9.1倍8.2倍8.2倍8.0倍7.4倍7.1倍7.3倍7.1倍5.9倍6.5倍-
PSR(会予)0.7倍0.8倍0.7倍0.7倍0.7倍0.7倍0.6倍0.6倍0.6倍0.6倍0.5倍0.6倍-
PCFR(会予)11.1倍12.3倍12.0倍10.8倍11.0倍10.6倍9.8倍9.4倍9.6倍9.4倍8.5倍9.8倍-
配当金-36.5円---38.0円---45.0円--40.0円
配当利回り1.3%1.3%1.2%1.4%1.4%1.4%1.5%1.6%1.5%1.6%2.3%2.1%-
配当性向-29.7%---29.7%---34.4%---
自己資本配当率2.4%2.4%2.5%2.4%2.4%2.4%2.8%2.8%2.8%2.7%2.7%2.7%-
ROE8.0%8.0%8.1%7.9%7.8%8.1%8.3%8.1%8.0%7.9%8.0%7.9%-
純利益率(再掲)3.4%3.2%2.4%3.2%3.4%3.2%2.7%3.6%3.6%3.4%1.9%2.1%-
総資産回転率1.3回1.3回1.4回1.3回1.3回1.4回1.3回1.3回1.2回1.2回1.2回1.2回-
財務レバレッジ1.8倍1.9倍1.8倍1.8倍1.9倍1.9倍1.8倍1.8倍1.8倍1.9倍1.9倍1.9倍-
実質ROE7.9%7.8%7.8%7.6%7.6%7.6%7.7%7.6%7.5%7.4%7.5%--
ROIC7.8%7.7%7.6%7.4%7.4%7.5%7.5%7.3%7.3%7.2%7.2%7.2%-
ROA4.3%4.3%4.4%4.3%4.2%4.3%4.5%4.4%4.2%4.2%4.3%4.2%-
β0.290.340.420.290.270.240.320.340.320.300.360.27-
βの決定係数(R2)0.040.060.080.030.030.020.050.060.050.050.080.06-
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
16.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
流動資産
現金39,45029,61827,35030,99432,24538,49337,63439,50544,97946,77744,84543,268-
売上債権80,54578,21272,22781,25784,22677,03467,96378,08178,08186,25183,65177,734-
棚卸資産27,77328,70429,89430,43130,12028,25328,77128,53628,53627,40928,83529,373-
有価証券10,00012,00012,00011,5009,5009,5009,5009,5009,50010,00010,000--
前払金-------------
繰延税金資産-2,823---3,024-------
貸倒引当金-183-222-257-290-273-446-379-398-415-426-412--
流動資産167,713156,332150,204162,929166,532161,426148,727161,156173,506174,790166,628163,902-
固定資産
建物・構築物184,473185,446187,040187,434186,620181,314183,203182,875183,080183,036191,402--
機械・運搬具168,418170,766172,935173,226173,837175,809176,890178,578178,107179,442177,868--
土地49,81149,82049,83250,97050,85552,08452,01652,19352,19652,17852,21152,662-
建設仮勘定2,9804,5713,7045,15011,35611,22311,28514,95614,42315,2688,4295,834-
有形固定資産190,461194,746195,467196,887201,796198,856199,381202,707204,652207,459210,298211,899-
のれん4,6213,7783,8513,6113,3621,2331,1691,1061,044989935880-
無形固定資産8,6878,3598,4818,0898,0706,2938,9659,1269,5099,92110,20510,936-
投資有価証券31,47134,49532,51334,12831,99829,67328,35227,02425,86727,22525,176--
繰延税金資産-2,027---2,424---3,625---
貸倒引当金-190-182-184-184-184-181-181-180-180-177-181--
敷金および保証金-------------
投資その他の資産52,04259,76958,38060,65459,20554,79754,83453,38853,30152,13851,003--
固定資産251,191262,875262,329265,631269,071259,946263,181265,223267,463269,519271,507276,314-
総資産418,904419,207412,533428,561435,604421,373411,908426,379440,970444,309438,135440,217-
 
負債
有利子負債合計54,69858,49053,24254,67055,63859,96460,30361,63561,63563,21664,56962,191-
仕入債務49,10548,00845,44448,17749,18544,51841,60944,66144,66150,42753,29950,039-
前受金-------------
未払法人税等3,7884,0052,4665,8495,7296,7752,1145,6854,1314,2082,043--
繰延税金負債(固定)-9,068---7,722---5,344---
負債155,970155,775148,293157,267162,035155,273146,282153,843167,671167,556162,541163,185-
 
純資産
資本金24,10424,10424,10424,10424,10424,10424,10424,10424,10424,10424,10424,104-
資本剰余金29,42529,42529,42529,42529,42529,54329,54329,53329,48329,48329,483--
利益剰余金173,572170,583171,123176,946179,772183,431184,218190,274192,590196,551195,487198,574-
自己株式-3,353-6,603-6,604-6,605-6,606-15,859-15,860-15,861-15,862-15,862-15,862--
非支配株主持分35,73536,99237,28338,25738,87039,76839,73441,02040,78441,20141,41540,639-
純資産262,934263,432264,240271,294273,568266,100265,626272,535273,298276,753275,594277,031-
キャッシュフロー(百万円)
C/S
16.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
営業CF
税金等調整前当期純利益24,74030,7835,86016,08626,24933,5866,08216,53825,57032,4874,670--
減価償却費12,35116,794-8,869-18,215-9,186-18,649-9,821-
のれん償却額-407-259-514-127-244-109-
減損損失0359-02192,76492550087490-
受取利息及び受取配当金-525-584--328--597--297--565---
売上債権の増減額-4,548-2,064--2,936-1,293--1,117--6,983---
棚卸資産の増減額-712-1,477--1,807--1,132--378--925---
仕入債務の増減額135-1,152-360--3,415-233-9,078---
営業CF18,03627,234-17,537-41,778-16,780-43,916-16,748-
投資CF
有価証券の取得-892-8920-1260-1,7660-240-4200-
有価証券の売却・償還01,6510005,15900063700-
固定資産の購入-20,939-26,6680-12,9450-31,3060-17,9360-30,0260-14,843-
固定資産の売却000000000000-
貸付け-256-264--146--430--369--593---
貸付金の回収117126-22-46-29-75---
投資CF-25,426-31,421--13,516--20,199--17,285--29,720--14,773-
財務CF
短期借入金の純増減額-1,048-1,180-1,672-985-759--3,135---
長期借入れ25,70025,700---3,200-6,500-10,039---
長期借入金の返済-1,677-2,261--1,109--2,248--1,734--3,014---
社債の発行-------10,000-10,000---
社債の償還--------10,000--10,000---
自己株式の取得-3-10,024--2--9,278--1--2---
自己株式の売却1------------
配当金の支払-5,639-5,639--2,720--5,514--2,717--5,578---
財務CF15,2164,010--3,461--15,293-1,641--4,602--5,461-
換算差額631797--145--194--101--785---
その他
16.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
設備投資額-27,182---32,105---28,569---
研究開発費-4,058-1,900-4,142-1,867-4,156---
発行済株式総数151,164,657株147,044,479株147,044,177株147,043,785株147,043,385株143,043,075株143,042,891株143,042,407株143,042,134株143,041,950株143,041,840株143,041,580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.Q316.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q4E
従業員数-14,924人---14,808人---15,452人---
売上/従業員(千円)39,18537,63737,63737,63737,63738,73138,73138,73138,73138,73135,31735,317-
営利/従業員(千円)2,1162,0952,0952,0952,0952,2332,2332,2332,2332,2332,0742,074-