通期売上(百万円)
売上5y CAGR・予想:-2.7 %
通期利益(百万円)
営利5y CAGR・予想:4.2 %
純利5y CAGR・予想:6.5 %
P/L
2017.122018.122019.122020.12E
売上214,210184,595180,849186,700
前期比105.8%86.2%98.0%103.2%
売上原価117,738118,296115,667-
売上総利益96,47266,29865,181-
%45.0%35.9%36.0%-
販管費84,50353,90152,986-
営業利益11,96812,22814,07912,900
前期比109.3%102.2%115.1%91.6%
%5.6%6.6%7.8%6.9%
受取利息および受取配当金750618--
持分法による投資利益-3108-
営業外収益1,5591,053--
支払利息477410--
持分法による投資損失4472--
営業外費用9101,002--
経常利益12,61812,21313,888-
固定資産売却益3541,482--
投資有価証券売却益1,7214,574--
特別利益4,5906,056--
固定資産売却損----
投資有価証券売却損2---
減損損失1,337136--
特別損失1,5982,179--
税引前利益15,61012,21313,888-
法人税等5,2323,6573,574-
%33.5%29.9%25.7%-
当期純利益10,3778,55510,314-
非支配株主に帰属する当期純利益276-442115-
親会社株主に帰属する当期純利益10,1008,99810,1988,700
前期比149.3%89.1%113.3%85.3%
%4.7%4.9%5.6%4.7%
 
EBITDA18,50318,41620,474-
EPS114.0円101.4円114.8円107.0円
BPS1,150.5円1,128.0円1,219.5円-
期初会社予想
2017.122018.122019.122020.12E
売上高(期初予)210,000215,000189,000186,700
対実績比102.0%85.9%95.7%-
営業利益(期初予)11,50013,00013,60012,900
対実績比104.1%94.1%103.5%-
純利益(期初予)8,40010,0009,5008,700
対実績比120.2%90.0%107.3%-
配当
ROEデュポン分解
β
マルチプル
2017.122018.122019.122020.12E
株価4,185円2,881円2,618円-
企業価値401,060266,455245,492-
時価総額370,779255,466232,498-
純有利子負債14,6699,2478,092-
PER(会予)42.6倍25.5倍24.5倍-
PBR3.8倍2.5倍2.2倍-
PER × PBR162.7倍63.0倍54.4倍-
EV/EBITDA(会予)21.1倍13.6倍12.4倍-
PSR(会予)1.7倍1.2倍1.2倍-
PCFR(会予)24.4倍15.4倍14.8倍-
配当金30.0円40.0円35.0円35.0円
配当利回り0.6%1.0%1.5%-
配当性向26.3%39.4%30.5%-
自己資本配当率2.6%3.5%2.9%-
ROE9.9%9.0%9.4%-
純利益率(再掲)4.7%4.9%5.6%-
総資産回転率1.1回0.9回0.9回-
財務レバレッジ1.9倍2.0倍1.9倍-
実質ROE7.8%7.1%8.4%-
ROIC4.9%6.2%7.3%-
ROA5.2%4.5%5.1%-
β0.210.440.48-
βの決定係数(R2)0.040.140.14-
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
2017.122018.122019.122020.12E
流動資産
現金22,15029,40827,260-
売上債権36,04241,32940,011-
棚卸資産41,69841,27542,960-
有価証券-674665-
前払金----
繰延税金資産5061,014--
貸倒引当金-351-281--
流動資産109,667117,598112,647-
固定資産
建物・構築物43,86744,482--
機械・運搬具70,86473,364--
土地12,87411,532--
建設仮勘定1,9353,937--
有形固定資産53,25053,54153,634-
のれん503464468-
無形固定資産2,1962,5973,379-
投資有価証券22,36410,413--
繰延税金資産952,2322,357-
貸倒引当金-82-71--
敷金および保証金----
投資その他の資産30,62117,496--
固定資産86,06982,22788,531-
総資産195,737199,826201,179-
 
負債
有利子負債合計36,81938,65535,352-
仕入債務16,55431,72529,594-
前受金----
未払法人税等3,9183,6161,770-
繰延税金負債(固定)3,8823,3603,186-
負債89,88396,46289,793-
 
純資産
資本金19,98519,98519,985-
資本剰余金22,36222,56422,669-
利益剰余金74,30381,75775,629-
自己株式-26,985-26,739-13,529-
非支配株主持分3,7983,1023,041-
純資産105,853103,363111,386-
キャッシュフロー(百万円)
C/S
2017.122018.122019.122020.12E
営業CF
税金等調整前当期純利益15,61012,21313,888-
減価償却費5,8135,7696,395-
のれん償却額722419--
減損損失1,337136--
受取利息及び受取配当金-750-619-450-
売上債権の増減額-2,993-542823-
棚卸資産の増減額-1,876-767-1,421-
仕入債務の増減額3,113-253-643-
営業CF16,59810,72212,224-
投資CF
有価証券の取得-682-8010-
有価証券の売却・償還2,9388,9620-
固定資産の購入-9,202-10,718-10,444-
固定資産の売却1,8302,3310-
貸付け----
貸付金の回収----
投資CF17,271-299-9,267-
財務CF
短期借入金の純増減額-17,9182,301430-
長期借入れ8,6347,7261,076-
長期借入金の返済-29,277-8,497-2,539-
社債の発行----
社債の償還----
自己株式の取得----
自己株式の売却----
配当金の支払-2,180-2,668-3,553-
財務CF-40,761-1,675-5,068-
換算差額377-185-35-
その他
2017.122018.122019.122020.12E
設備投資額8,62912,2478,065-
研究開発費--3,525-
発行済株式総数88,613,226株88,706,075株88,845,018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
2017.122018.122019.122020.12E
従業員数2,456人2,504人2,599人-
売上/従業員(千円)87,21973,72069,584-
営利/従業員(千円)4,8734,8835,417-
四半期売上(百万円)
売上5y CAGR・予想:-2.7 %
四半期利益(百万円)
営利5y CAGR・予想:4.2 %
純利5y CAGR・予想:6.5 %
P/L
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上214,21047,171102,386157,069184,59539,82188,519134,565180,84940,86388,816136,885181,400
前期比105.8%100.1%98.4%97.7%86.2%84.4%86.5%85.7%98.0%102.6%100.3%101.7%100.3%
売上原価117,73826,04556,51185,920118,29626,02857,20886,309115,66726,22956,61086,252-
売上総利益96,47221,12545,87471,14966,29813,79331,31048,25665,18114,63432,20650,633-
%45.0%44.8%44.8%45.3%35.9%34.6%35.4%35.9%36.0%35.8%36.3%37.0%-
販管費84,50319,14040,60561,96653,90112,18825,93139,33952,98612,55125,79538,746-
営業利益11,9681,9855,2689,18212,2281,6397,17910,91614,0792,4076,87412,04012,900
前期比109.3%79.1%85.2%92.5%102.2%82.6%136.3%118.9%115.1%146.9%95.8%110.3%91.6%
%5.6%4.2%5.1%5.8%6.6%4.1%8.1%8.1%7.8%5.9%7.7%8.8%7.1%
受取利息および受取配当金750183363465618--------
持分法による投資利益--25-3-949113108-79-51-14-
営業外収益1,5593586158141,053181312365-----
支払利息477100208289410--------
持分法による投資損失449-472--------
営業外費用9103434666501,002157311431-----
経常利益12,6182,0015,4179,34612,2131,6637,17910,85013,8882,4486,88712,036-
固定資産売却益3546821,4801,4791,482--------
投資有価証券売却益1,721--2184,574--------
特別利益4,5906821,4801,6986,056--------
固定資産売却損-------------
投資有価証券売却損2------------
減損損失1,337---136--------
特別損失1,59867923082,179--------
税引前利益15,6102,6156,80510,73612,2131,6637,17910,85013,8882,4486,88712,036-
法人税等5,2328222,0863,4923,6575511,7182,9833,5749022,2613,901-
%33.5%31.4%30.7%32.5%29.9%33.1%23.9%27.5%25.7%36.8%32.8%32.4%-
当期純利益10,3771,7924,7187,2448,5551,1115,4617,86610,3141,5464,6258,134-
非支配株主に帰属する当期純利益276517120-442-232-104115-6553-15-
親会社株主に帰属する当期純利益10,1001,7414,6477,2248,9981,1345,4597,97110,1981,6114,5728,1498,700
前期比149.3%81.6%97.3%100.6%89.1%65.1%117.5%110.3%113.3%142.1%83.8%102.2%85.3%
%4.7%3.7%4.5%4.6%4.9%2.8%6.2%5.9%5.6%3.9%5.1%6.0%4.8%
 
EBITDA18,5031,9858,1069,18218,4163,13110,22415,57020,4744,09610,14917,148-
EPS114.0円101.5円101.5円101.5円101.4円114.9円114.9円114.8円114.8円115.4円115.4円115.4円98.5円
BPS1,150.5円1,099.1円1,143.8円1,167.7円1,128.0円1,117.3円1,148.8円1,177.2円1,219.5円1,174.3円1,222.3円1,265.0円-
期初会社予想
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上高(期初予)210,000215,000215,000215,000215,000189,000189,000189,000189,000186,700186,700186,700181,400
対実績比102.0%21.9%47.6%73.1%85.9%21.1%46.8%71.2%95.7%21.9%47.6%73.3%-
営業利益(期初予)11,50013,00013,00013,00013,00013,60013,60013,60013,60012,90012,90012,90012,900
対実績比104.1%15.3%40.5%70.6%94.1%12.1%52.8%80.3%103.5%18.7%53.3%93.3%-
純利益(期初予)8,40010,00010,00010,00010,0009,5009,5009,5009,5008,7008,7008,7008,700
対実績比120.2%17.4%46.5%72.2%90.0%11.9%57.5%83.9%107.3%18.5%52.6%93.7%-
配当
ROEデュポン分解
β
マルチプル
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
株価4,185円3,735円3,680円3,280円2,881円3,110円2,505円2,729円2,618円2,805円3,225円3,680円-
企業価値401,060345,639341,337302,293266,455285,123235,438255,349245,492257,679289,720325,780-
時価総額370,779330,970326,170290,806255,466275,876222,300242,355232,498247,960284,932325,198-
純有利子負債14,66915,16711,48710,9899,24713,1389,73712,9948,0929,7194,788582-
PER(会予)42.6倍33.1倍32.6倍29.1倍25.5倍27.6倍23.4倍25.5倍24.5倍28.5倍32.8倍37.4倍-
PBR3.8倍3.2倍3.3倍2.9倍2.5倍2.8倍2.2倍2.3倍2.2倍2.4倍2.6倍2.9倍-
PER × PBR162.7倍107.4倍109.2倍83.4倍63.0倍76.1倍52.5倍59.1倍54.4倍68.1倍86.4倍108.7倍-
EV/EBITDA(会予)21.1倍17.7倍17.5倍15.5倍13.6倍14.9倍11.9倍12.9倍12.4倍13.4倍15.0倍16.9倍-
PSR(会予)1.7倍1.5倍1.5倍1.4倍1.2倍1.3倍1.2倍1.3倍1.2倍1.3倍1.5倍1.8倍-
PCFR(会予)24.4倍20.0倍19.7倍17.6倍15.4倍17.0倍14.2倍15.4倍14.8倍16.4倍18.9倍21.5倍-
配当金30.0円---40.0円---35.0円---36.0円
配当利回り0.6%0.8%0.8%0.9%1.0%1.3%1.6%1.5%1.5%1.2%1.1%1.0%-
配当性向26.3%---39.4%---30.5%----
自己資本配当率2.6%3.6%3.5%3.4%3.5%3.1%3.0%3.0%2.9%3.0%2.9%2.8%-
ROE9.9%9.2%8.9%8.7%9.0%10.3%10.0%9.8%9.4%9.8%9.4%9.1%-
純利益率(再掲)4.7%3.7%4.5%4.6%4.9%2.8%6.2%5.9%5.6%3.9%5.1%6.0%-
総資産回転率1.1回1.0回1.0回0.9回0.9回0.9回0.9回0.9回0.9回0.9回0.8回0.8回-
財務レバレッジ1.9倍1.9倍1.9倍1.9倍2.0倍1.9倍1.9倍1.9倍1.9倍2.0倍2.0倍2.0倍-
実質ROE7.8%7.2%7.0%6.9%7.1%8.1%7.9%8.6%8.4%8.6%8.3%8.1%-
ROIC4.9%6.6%6.6%6.4%6.2%7.9%7.9%7.8%7.3%6.8%6.6%6.4%-
ROA5.2%4.9%4.8%4.6%4.5%5.3%5.3%5.3%5.1%4.9%4.7%4.6%-
β0.210.290.310.300.440.430.490.480.480.350.370.36-
βの決定係数(R2)0.040.070.070.060.140.120.150.150.140.070.090.08-
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.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
流動資産
現金22,15016,72917,68420,28829,40820,46320,64317,62227,26041,86345,31251,586-
売上債権36,04233,00637,03936,59241,32936,81743,11539,27240,01137,54941,67040,214-
棚卸資産41,69840,43237,82843,57241,27544,98540,20745,96742,96042,78740,88942,406-
有価証券----674---665314418263-
前払金-------------
繰延税金資産506---1,014--------
貸倒引当金-351-339-339-276-281--------
流動資産109,66799,350103,206110,618117,598106,814106,656106,206112,647124,539130,465136,811-
固定資産
建物・構築物43,86718,50418,54118,72744,482--------
機械・運搬具70,86418,32917,90718,79673,364--------
土地12,87412,10311,55811,69111,532--------
建設仮勘定1,9352,5093,5844,2723,937--------
有形固定資産53,25053,17453,39755,36753,54154,04454,38853,67353,63452,82952,99753,578-
のれん503359247134464---468----
無形固定資産2,1962,2022,3282,1682,5972,8863,0543,0813,3793,6713,6663,591-
投資有価証券22,36421,04121,68820,35510,413--------
繰延税金資産95---2,232---2,3573,2372,8492,618-
貸倒引当金-82-75-73-71-71--------
敷金および保証金-------------
投資その他の資産30,62128,22129,24828,21117,496--------
固定資産86,06983,59884,97485,74782,22784,11387,57787,39688,53185,13585,83286,737-
総資産195,737182,949188,181196,365199,826190,928194,234193,603201,179209,674216,298223,549-
 
負債
有利子負債合計36,81931,89629,17131,27738,65533,60130,38030,61635,35251,58250,10052,168-
仕入債務16,55417,03518,86122,39831,72530,22934,34531,09829,59427,62830,16630,133-
前受金-------------
未払法人税等3,9189222,3801,9023,616---1,7702,2713,6883,371-
繰延税金負債(固定)3,882---3,360---3,1862,6932,7342,723-
負債89,88381,71482,99389,09296,46288,74289,29486,32589,793102,970105,258108,861-
 
純資産
資本金19,98519,98519,98519,98519,98519,98519,98519,98519,98519,98519,98519,985-
資本剰余金22,36222,36222,36222,36222,564---22,66922,68322,70222,717-
利益剰余金74,30373,37676,28278,85981,75779,33483,69273,36375,62974,15177,11280,690-
自己株式-26,985-26,933-26,860-26,828-26,739-26,634-26,553-13,629-13,529-14,646-14,783-14,735-
非支配株主持分3,7983,6893,6303,5493,1023,0312,9522,7303,0412,8993,0452,902-
純資産105,853101,234105,188107,273103,363102,185104,940107,277111,386106,704111,040114,687-
キャッシュフロー(百万円)
C/S
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
営業CF
税金等調整前当期純利益15,6102,6156,80510,73612,2131,6637,17910,85013,8882,4486,88712,036-
減価償却費5,813-2,609-5,7691,4923,0454,6546,3951,6893,2755,108-
のれん償却額722-229-419--------
減損損失1,337---136--------
受取利息及び受取配当金-750--363--619-179-304-364-450-146-270-318-
売上債権の増減額-2,993--1,245--5424,268-2,2571,6568232,197-1,811-360-
棚卸資産の増減額-1,876-2,974--767-3,1221,177-5,103-1,421-2052,022699-
仕入債務の増減額3,113-2,241--253-1,1182,015-1,231-643-2,770271-598-
営業CF16,598-7,427-10,7227216,7644,27212,2247607,39013,533-
投資CF
有価証券の取得-6820-60-8010000000-
有価証券の売却・償還2,93801608,9620000000-
固定資産の購入-9,2020-5,1250-10,718-6,246-12,632-14,970-10,444-1,158-3,131-4,351-
固定資産の売却1,83002,49302,3310000000-
貸付け-------------
貸付金の回収-------------
投資CF17,271--2,607--299-3,112-6,023-7,100-9,2671,353113-1,379-
財務CF
短期借入金の純増減額-17,918--5,783-2,301-2,054-5,068-3,79843017,84315,90817,469-
長期借入れ8,634-7,481-7,726605441,0691,076134115356-
長期借入金の返済-29,277--8,206--8,497-1,074-1,255-2,326-2,539-636-843-905-
社債の発行-------------
社債の償還-------------
自己株式の取得-------------
自己株式の売却-------------
配当金の支払-2,180--2,649--2,668-3,436-3,533-3,551-3,553-3,019-3,092-3,108-
財務CF-40,761--9,091--1,675-6,538-9,405-8,831-5,06813,01510,57612,030-
換算差額377--169--185-16-100-126-35-526-28140-
その他
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
設備投資額8,62905,125012,2473,1236,3167,4858,0651,1583,1314,351-
研究開発費-----8091,7052,5383,525----
発行済株式総数88,613,226株88,633,075株88,660,395株88,672,544株88,706,075株88,742,441株88,775,836株88,807,351株88,845,018株88,399,342株88,350,995株88,368,939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.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
従業員数2,456人---2,504人---2,599人----
売上/従業員(千円)87,219---73,720---69,584----
営利/従業員(千円)4,873---4,883---5,417----
四半期売上(百万円)
売上5y CAGR・予想:-2.7 %
四半期利益(百万円)
営利5y CAGR・予想:4.2 %
純利5y CAGR・予想:6.5 %
P/L
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上53,40247,17155,21554,68327,52639,82148,69846,04646,28440,86347,95348,069181,400
前期比103.5%100.1%96.9%96.4%51.5%84.4%88.2%84.2%168.1%102.6%98.5%104.4%100.3%
売上原価29,80426,04530,46629,40932,37626,02831,18029,10129,35826,22930,38129,642-
売上総利益23,59921,12524,74925,275-4,85113,79317,51716,94616,92514,63417,57218,427-
%44.2%44.8%44.8%46.2%-17.6%34.6%36.0%36.8%36.6%35.8%36.6%38.3%-
販管費21,55319,14021,46521,361-8,06512,18813,74313,40813,64712,55113,24412,951-
営業利益2,0451,9853,2833,9143,0461,6395,5403,7373,1632,4074,4675,16612,900
前期比78.6%79.1%89.3%104.7%148.9%82.6%168.7%95.5%103.8%146.9%80.6%138.2%91.6%
%3.8%4.2%5.9%7.2%11.1%4.1%11.4%8.1%6.8%5.9%9.3%10.7%7.1%
受取利息および受取配当金0183000-000-00-
持分法による投資利益-16-25-253-95864-5-792837-
営業外収益28835825719923918113153-365-00-
支払利息9410010881121-000-00-
持分法による投資損失449-9468-000-00-
営業外費用198343123184352157154120-431-00-
経常利益2,1362,0013,4163,9292,8671,6635,5163,6713,0382,4484,4395,149-
固定資産売却益38682798-13-000-00-
投資有価証券売却益1,690-02184,356-000-00-
特別利益3,9126827982184,358-000-00-
固定資産売却損0-000-000-00-
投資有価証券売却損2-000-000-00-
減損損失1,337-00136-000-00-
特別損失1,54467252161,871-000-00-
税引前利益4,5042,6154,1903,9311,4771,6635,5163,6713,0382,4484,4395,149-
法人税等1,5328221,2641,4061655511,1671,2655919021,3591,640-
%34.0%31.4%30.2%35.8%11.2%33.1%21.2%34.5%19.5%36.8%30.6%31.9%-
当期純利益2,9721,7922,9262,5261,3111,1114,3502,4052,4481,5463,0793,509-
非支配株主に帰属する当期純利益525120-51-462-2325-106219-65118-68-
親会社株主に帰属する当期純利益2,9201,7412,9062,5771,7741,1344,3252,5122,2271,6112,9613,5778,700
前期比153.1%81.6%110.0%107.2%60.8%65.1%148.8%97.5%125.5%142.1%68.5%142.4%85.3%
%5.5%3.7%5.3%4.7%6.4%2.8%8.9%5.5%4.8%3.9%6.2%7.4%4.8%
 
EBITDA18,5031,9858,1069,18218,4163,13110,22415,57020,4744,09610,14917,148-
EPS114.0円101.5円101.5円101.5円101.4円114.9円114.9円114.8円114.8円115.4円115.4円115.4円98.5円
BPS1,150.5円1,099.1円1,143.8円1,167.7円1,128.0円1,117.3円1,148.8円1,177.2円1,219.5円1,174.3円1,222.3円1,265.0円-
期初会社予想
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上高(期初予)210,000215,000215,000215,000215,000189,000189,000189,000189,000186,700186,700186,700181,400
対実績比102.0%21.9%47.6%73.1%85.9%21.1%46.8%71.2%95.7%21.9%47.6%73.3%-
営業利益(期初予)11,50013,00013,00013,00013,00013,60013,60013,60013,60012,90012,90012,90012,900
対実績比104.1%15.3%40.5%70.6%94.1%12.1%52.8%80.3%103.5%18.7%53.3%93.3%-
純利益(期初予)8,40010,00010,00010,00010,0009,5009,5009,5009,5008,7008,7008,7008,700
対実績比120.2%17.4%46.5%72.2%90.0%11.9%57.5%83.9%107.3%18.5%52.6%93.7%-
配当
ROEデュポン分解
β
マルチプル
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
株価4,185円3,735円3,680円3,280円2,881円3,110円2,505円2,729円2,618円2,805円3,225円3,680円-
企業価値401,060345,639341,337302,293266,455285,123235,438255,349245,492257,679289,720325,780-
時価総額370,779330,970326,170290,806255,466275,876222,300242,355232,498247,960284,932325,198-
純有利子負債14,66915,16711,48710,9899,24713,1389,73712,9948,0929,7194,788582-
PER(会予)42.6倍33.1倍32.6倍29.1倍25.5倍27.6倍23.4倍25.5倍24.5倍28.5倍32.8倍37.4倍-
PBR3.8倍3.2倍3.3倍2.9倍2.5倍2.8倍2.2倍2.3倍2.2倍2.4倍2.6倍2.9倍-
PER × PBR162.7倍107.4倍109.2倍83.4倍63.0倍76.1倍52.5倍59.1倍54.4倍68.1倍86.4倍108.7倍-
EV/EBITDA(会予)21.1倍17.7倍17.5倍15.5倍13.6倍14.9倍11.9倍12.9倍12.4倍13.4倍15.0倍16.9倍-
PSR(会予)1.7倍1.5倍1.5倍1.4倍1.2倍1.3倍1.2倍1.3倍1.2倍1.3倍1.5倍1.8倍-
PCFR(会予)24.4倍20.0倍19.7倍17.6倍15.4倍17.0倍14.2倍15.4倍14.8倍16.4倍18.9倍21.5倍-
配当金30.0円---40.0円---35.0円---36.0円
配当利回り0.6%0.8%0.8%0.9%1.0%1.3%1.6%1.5%1.5%1.2%1.1%1.0%-
配当性向26.3%---39.4%---30.5%----
自己資本配当率2.6%3.6%3.5%3.4%3.5%3.1%3.0%3.0%2.9%3.0%2.9%2.8%-
ROE9.9%9.2%8.9%8.7%9.0%10.3%10.0%9.8%9.4%9.8%9.4%9.1%-
純利益率(再掲)4.7%3.7%4.5%4.6%4.9%2.8%6.2%5.9%5.6%3.9%5.1%6.0%-
総資産回転率1.1回1.0回1.0回0.9回0.9回0.9回0.9回0.9回0.9回0.9回0.8回0.8回-
財務レバレッジ1.9倍1.9倍1.9倍1.9倍2.0倍1.9倍1.9倍1.9倍1.9倍2.0倍2.0倍2.0倍-
実質ROE7.8%7.2%7.0%6.9%7.1%8.1%7.9%8.6%8.4%8.6%8.3%8.1%-
ROIC4.9%6.6%6.6%6.4%6.2%7.9%7.9%7.8%7.3%6.8%6.6%6.4%-
ROA5.2%4.9%4.8%4.6%4.5%5.3%5.3%5.3%5.1%4.9%4.7%4.6%-
β0.210.290.310.300.440.430.490.480.480.350.370.36-
βの決定係数(R2)0.040.070.070.060.140.120.150.150.140.070.090.08-
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.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
流動資産
現金22,15016,72917,68420,28829,40820,46320,64317,62227,26041,86345,31251,586-
売上債権36,04233,00637,03936,59241,32936,81743,11539,27240,01137,54941,67040,214-
棚卸資産41,69840,43237,82843,57241,27544,98540,20745,96742,96042,78740,88942,406-
有価証券----674---665314418263-
前払金-------------
繰延税金資産506---1,014--------
貸倒引当金-351-339-339-276-281--------
流動資産109,66799,350103,206110,618117,598106,814106,656106,206112,647124,539130,465136,811-
固定資産
建物・構築物43,86718,50418,54118,72744,482--------
機械・運搬具70,86418,32917,90718,79673,364--------
土地12,87412,10311,55811,69111,532--------
建設仮勘定1,9352,5093,5844,2723,937--------
有形固定資産53,25053,17453,39755,36753,54154,04454,38853,67353,63452,82952,99753,578-
のれん503359247134464---468----
無形固定資産2,1962,2022,3282,1682,5972,8863,0543,0813,3793,6713,6663,591-
投資有価証券22,36421,04121,68820,35510,413--------
繰延税金資産95---2,232---2,3573,2372,8492,618-
貸倒引当金-82-75-73-71-71--------
敷金および保証金-------------
投資その他の資産30,62128,22129,24828,21117,496--------
固定資産86,06983,59884,97485,74782,22784,11387,57787,39688,53185,13585,83286,737-
総資産195,737182,949188,181196,365199,826190,928194,234193,603201,179209,674216,298223,549-
 
負債
有利子負債合計36,81931,89629,17131,27738,65533,60130,38030,61635,35251,58250,10052,168-
仕入債務16,55417,03518,86122,39831,72530,22934,34531,09829,59427,62830,16630,133-
前受金-------------
未払法人税等3,9189222,3801,9023,616---1,7702,2713,6883,371-
繰延税金負債(固定)3,882---3,360---3,1862,6932,7342,723-
負債89,88381,71482,99389,09296,46288,74289,29486,32589,793102,970105,258108,861-
 
純資産
資本金19,98519,98519,98519,98519,98519,98519,98519,98519,98519,98519,98519,985-
資本剰余金22,36222,36222,36222,36222,564---22,66922,68322,70222,717-
利益剰余金74,30373,37676,28278,85981,75779,33483,69273,36375,62974,15177,11280,690-
自己株式-26,985-26,933-26,860-26,828-26,739-26,634-26,553-13,629-13,529-14,646-14,783-14,735-
非支配株主持分3,7983,6893,6303,5493,1023,0312,9522,7303,0412,8993,0452,902-
純資産105,853101,234105,188107,273103,363102,185104,940107,277111,386106,704111,040114,687-
キャッシュフロー(百万円)
C/S
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
営業CF
税金等調整前当期純利益15,6102,6156,80510,73612,2131,6637,17910,85013,8882,4486,88712,036-
減価償却費5,813-2,609-5,7691,4923,0454,6546,3951,6893,2755,108-
のれん償却額722-229-419--------
減損損失1,337-00136-000-00-
受取利息及び受取配当金-750--363--619-179-304-364-450-146-270-318-
売上債権の増減額-2,993--1,245--5424,268-2,2571,6568232,197-1,811-360-
棚卸資産の増減額-1,876-2,974--767-3,1221,177-5,103-1,421-2052,022699-
仕入債務の増減額3,113-2,241--253-1,1182,015-1,231-643-2,770271-598-
営業CF16,598-7,427-10,7227216,7644,27212,2247607,39013,533-
投資CF
有価証券の取得-6820-60-8010000000-
有価証券の売却・償還2,93801608,9620000000-
固定資産の購入-9,2020-5,1250-10,718-6,246-12,632-14,970-10,444-1,158-3,131-4,351-
固定資産の売却1,83002,49302,3310000000-
貸付け-------------
貸付金の回収-------------
投資CF17,271--2,607--299-3,112-6,023-7,100-9,2671,353113-1,379-
財務CF
短期借入金の純増減額-17,918--5,783-2,301-2,054-5,068-3,79843017,84315,90817,469-
長期借入れ8,634-7,481-7,726605441,0691,076134115356-
長期借入金の返済-29,277--8,206--8,497-1,074-1,255-2,326-2,539-636-843-905-
社債の発行-------------
社債の償還-------------
自己株式の取得-------------
自己株式の売却-------------
配当金の支払-2,180--2,649--2,668-3,436-3,533-3,551-3,553-3,019-3,092-3,108-
財務CF-40,761--9,091--1,675-6,538-9,405-8,831-5,06813,01510,57612,030-
換算差額377--169--185-16-100-126-35-526-28140-
その他
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
設備投資額8,62905,125012,2473,1236,3167,4858,0651,1583,1314,351-
研究開発費-----8091,7052,5383,525----
発行済株式総数88,613,226株88,633,075株88,660,395株88,672,544株88,706,075株88,742,441株88,775,836株88,807,351株88,845,018株88,399,342株88,350,995株88,368,939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.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
従業員数2,456人---2,504人---2,599人----
売上/従業員(千円)87,219---73,720---69,584----
営利/従業員(千円)4,873---4,883---5,417----