通期売上(百万円)
売上5y CAGR・予想:2.0 %
通期利益(百万円)
営利5y CAGR・予想:1.8 %
純利5y CAGR・予想:1.6 %
P/L
2018.32019.32020.32021.3E
売上568,032580,141584,858590,000
前期比105.3%102.1%100.8%100.9%
売上原価475,194486,926485,784-
売上総利益92,83893,21599,074-
%16.3%16.1%16.9%-
販管費62,94063,70468,038-
営業利益29,89729,51131,03531,500
前期比102.0%98.7%105.2%101.5%
%5.3%5.1%5.3%5.3%
受取利息および受取配当金817871895-
持分法による投資利益715399387-
営業外収益2,1021,7531,891-
支払利息898870791-
持分法による投資損失----
営業外費用1,3501,3991,150-
経常利益30,65029,86431,77731,500
固定資産売却益7521181-
投資有価証券売却益20873423-
特別利益1021,085505-
固定資産売却損71222-
投資有価証券売却損----
減損損失9552481-
特別損失1,5151,4102,489-
税引前利益29,23729,54029,792-
法人税等8,6018,7739,008-
%29.4%29.7%30.2%-
当期純利益20,63520,76620,784-
非支配株主に帰属する当期純利益1,5388221,174-
親会社株主に帰属する当期純利益19,09719,94319,60920,000
前期比101.8%104.4%98.3%102.0%
%3.4%3.4%3.4%3.4%
 
EBITDA46,05246,99249,390-
EPS143.3円149.6円147.2円150.1円
BPS1,221.0円1,326.8円1,384.9円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)556,000586,000598,000590,000
対実績比102.2%99.0%97.8%-
営業利益(期初予)28,50031,00030,50031,500
対実績比104.9%95.2%101.8%-
純利益(期初予)18,50019,80020,00020,000
対実績比103.2%100.7%98.0%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価2,940円2,728円3,055円-
企業価値480,221447,073477,421-
時価総額391,820363,556407,005-
純有利子負債79,44575,12170,416-
PER(会予)20.1倍18.2倍20.4倍-
PBR2.4倍2.1倍2.2倍-
PER × PBR48.5倍38.2倍44.9倍-
EV/EBITDA(会予)10.3倍9.7倍9.8倍-
PSR(会予)0.7倍0.6倍0.7倍-
PCFR(会予)11.0倍10.1倍10.6倍-
配当金30.0円32.0円42.0円42.0円
配当利回り1.0%1.1%1.4%-
配当性向20.9%21.4%28.5%-
自己資本配当率2.5%2.4%3.0%-
ROE11.7%11.3%10.6%-
純利益率(再掲)3.4%3.4%3.4%-
総資産回転率1.5回1.5回1.5回-
財務レバレッジ2.3倍2.1倍2.1倍-
実質ROE10.6%10.3%9.7%-
ROIC8.2%7.6%7.8%-
ROA5.2%5.3%5.0%-
β0.490.400.30-
βの決定係数(R2)0.100.060.05-
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
2018.32019.32020.32021.3E
流動資産
現金18,29920,82925,933-
売上債権85,10387,21982,269-
棚卸資産45,25745,73347,933-
有価証券----
前払金----
繰延税金資産2,316---
貸倒引当金-86-118-131-
流動資産153,564160,554170,308-
固定資産
建物・構築物237,546244,223252,672-
機械・運搬具97,465102,216106,589-
土地35,64335,66436,007-
建設仮勘定2,2616574,534-
有形固定資産152,792155,456163,233-
のれん2,3073,2542,754-
無形固定資産8,0629,5699,152-
投資有価証券41,22540,54335,780-
繰延税金資産2,0991,612--
貸倒引当金-372-287-268-
敷金および保証金----
投資その他の資産52,84851,67647,310-
固定資産213,703216,703219,696-
総資産367,268377,257390,004-
 
負債
有利子負債合計97,74495,95096,349-
仕入債務27,94425,54725,521-
前受金----
未払法人税等4,5524,3685,299-
繰延税金負債(固定)5,4695,138--
負債197,587193,451198,615-
 
純資産
資本金30,30730,30730,359-
資本剰余金7,6177,6175,750-
利益剰余金126,510142,274156,953-
自己株式-17,432-17,443-17,642-
非支配株主持分6,9516,9856,884-
純資産169,680183,805191,388-
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29,23729,54029,792-
減価償却費16,15517,48118,355-
のれん償却額----
減損損失9552481-
受取利息及び受取配当金-817-871-896-
売上債権の増減額-7,972-2,7094,750-
棚卸資産の増減額-2,803-561-2,098-
仕入債務の増減額2,934-2,530635-
営業CF29,85931,31139,441-
投資CF
有価証券の取得-62-2,148-2,204-
有価証券の売却・償還1201,727707-
固定資産の購入-17,714-22,070-21,705-
固定資産の売却1781,032161-
貸付け----
貸付金の回収----
投資CF-20,269-17,918-24,300-
財務CF
短期借入金の純増減額3,7541,324-2,818-
長期借入れ9,5002,99710,000-
長期借入金の返済-7,323-4,016-5,200-
社債の発行-9,948--
社債の償還--10,000--
自己株式の取得-14,016-10-18-
自己株式の売却----
配当金の支払-4,192-4,125-4,923-
財務CF-13,749-9,088-10,225-
換算差額723-713-148-
その他
2018.32019.32020.32021.3E
設備投資額24,95224,13227,287-
研究開発費-2,3592,486-
発行済株式総数133,270,482株133,267,066株133,225,797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15,787人15,710人15,824人-
売上/従業員(千円)35,98136,92836,960-
営利/従業員(千円)1,8941,8781,961-
四半期売上(百万円)
売上5y CAGR・予想:2.0 %
四半期利益(百万円)
営利5y CAGR・予想:1.8 %
純利5y CAGR・予想:1.6 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上282,799435,067568,032141,306289,017445,641580,141142,803291,847447,583584,858138,054585,000
前期比104.7%104.9%105.3%101.7%102.2%102.4%102.1%101.1%101.0%100.4%100.8%96.7%100.0%
売上原価235,058362,163475,194118,793243,282373,795486,926118,646242,890371,478485,784113,822-
売上総利益47,74072,90492,83822,51245,73571,84593,21524,15648,95776,10499,07424,232-
%16.9%16.8%16.3%15.9%15.8%16.1%16.1%16.9%16.8%17.0%16.9%17.6%-
販管費31,48647,28562,94015,93231,94348,10063,70417,28833,96850,39568,03816,370-
営業利益16,25425,61829,8976,58013,79223,74529,5116,86714,98825,70831,0357,86131,500
前期比101.2%97.3%102.0%83.4%84.9%92.7%98.7%104.4%108.7%108.3%105.2%114.5%101.5%
%5.7%5.9%5.3%4.7%4.8%5.3%5.1%4.8%5.1%5.7%5.3%5.7%5.4%
受取利息および受取配当金490720817435514753871432520766895378-
持分法による投資利益943377151392454013993320335238779-
営業外収益8221,4102,1026919851,5191,7536269871,5841,891571-
支払利息449670898221440651870205404599791190-
持分法による投資損失-------------
営業外費用6429901,3503427379841,3993975858861,150333-
経常利益16,43426,03830,6506,93014,04024,28029,8647,09615,39026,40631,7778,10031,500
固定資産売却益3956756018419921146173816-
投資有価証券売却益13142046205436873--42342312-
特別利益57771021073896361,08546149750519-
固定資産売却損1270551211516222-
投資有価証券売却損-------------
減損損失4495394647526416748116-
特別損失6868591,5151945317291,4101748911,2052,489185-
税引前利益15,80525,25629,2376,84313,89824,18729,5406,92514,56125,69929,7927,933-
法人税等4,7517,6728,6012,1424,3827,3928,7732,1934,5447,8519,0082,312-
%30.1%30.4%29.4%31.3%31.5%30.6%29.7%31.7%31.2%30.5%30.2%29.1%-
当期純利益11,05417,58420,6354,7009,51516,79520,7664,73110,01617,84720,7845,620-
非支配株主に帰属する当期純利益8751,2581,53889934738222605138071,174261-
親会社株主に帰属する当期純利益10,17916,32619,0974,6119,42116,32119,9434,4719,50217,03919,6095,35820,000
前期比96.0%95.1%101.8%92.3%92.6%100.0%104.4%97.0%100.9%104.4%98.3%119.8%102.0%
%3.6%3.8%3.4%3.3%3.3%3.7%3.4%3.1%3.3%3.8%3.4%3.9%3.4%
 
EBITDA24,07825,61846,0526,58022,30823,74546,9926,86723,98625,70849,3907,861-
EPS143.3円143.3円143.3円149.6円149.6円149.6円149.6円147.1円147.2円147.2円147.2円147.2円150.1円
BPS1,170.0円1,217.8円1,221.0円1,244.8円1,286.0円1,297.4円1,326.8円1,337.7円1,353.4円1,383.7円1,384.9円1,394.8円-
期初会社予想
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上高(期初予)556,000556,000556,000586,000586,000586,000586,000598,000598,000598,000598,000590,000585,000
対実績比50.9%78.2%102.2%24.1%49.3%76.0%99.0%23.9%48.8%74.8%97.8%23.4%-
営業利益(期初予)28,50028,50028,50031,00031,00031,00031,00030,50030,50030,50030,50031,50031,500
対実績比57.0%89.9%104.9%21.2%44.5%76.6%95.2%22.5%49.1%84.3%101.8%25.0%-
純利益(期初予)18,50018,50018,50019,80019,80019,80019,80020,00020,00020,00020,00020,00020,000
対実績比55.0%88.2%103.2%23.3%47.6%82.4%100.7%22.4%47.5%85.2%98.0%26.8%-
配当
ROEデュポン分解
β
マルチプル
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
株価2,825円3,115円2,940円2,818円3,010円3,025円2,728円2,557円2,464円2,550円3,055円3,135円-
企業価値467,957503,813480,221455,001491,882483,875447,073415,885410,067421,524477,421498,444-
時価総額376,502415,149391,820375,556401,143403,140363,556340,764328,274339,731407,005417,663-
純有利子負債88,66488,40179,44590,73980,73583,51775,12177,75781,79383,71070,41680,781-
PER(会予)20.4倍21.3倍20.1倍19.0倍20.3倍20.4倍18.2倍17.0倍16.4倍17.0倍20.4倍20.9倍-
PBR2.5倍2.7倍2.4倍2.3倍2.4倍2.4倍2.1倍1.9倍1.8倍1.9倍2.2倍2.2倍-
PER × PBR51.4倍56.7倍48.5倍43.8倍49.0倍47.9倍38.2倍32.8倍29.9倍32.0倍44.9倍46.9倍-
EV/EBITDA(会予)10.5倍10.8倍10.3倍9.6倍10.4倍10.3倍9.7倍8.7倍8.5倍8.8倍9.8倍10.0倍-
PSR(会予)0.7倍0.7倍0.7倍0.6倍0.7倍0.7倍0.6倍0.6倍0.5倍0.6倍0.7倍0.7倍-
PCFR(会予)10.9倍11.7倍11.0倍10.4倍11.2倍11.2倍10.1倍9.1倍8.8倍9.1倍10.6倍10.9倍-
配当金--30.0円---32.0円---42.0円-44.0円
配当利回り1.0%0.9%1.0%1.1%1.0%1.0%1.1%1.3%1.3%1.3%1.4%1.3%-
配当性向--20.9%---21.4%---28.5%--
自己資本配当率2.6%2.5%2.5%2.6%2.5%2.5%2.4%3.1%3.1%3.0%3.0%3.0%-
ROE12.2%11.8%11.7%12.0%11.6%11.5%11.3%11.0%10.9%10.6%10.6%10.6%-
純利益率(再掲)3.6%3.8%3.4%3.3%3.3%3.7%3.4%3.1%3.3%3.8%3.4%3.9%-
総資産回転率1.6回1.5回1.5回1.5回1.5回1.5回1.5回1.5回1.5回1.5回1.5回1.5回-
財務レバレッジ2.3倍2.3倍2.3倍2.3倍2.2倍2.2倍2.1倍2.2倍2.2倍2.2倍2.1倍2.1倍-
実質ROE11.0%10.6%10.6%10.9%10.6%10.5%10.3%10.0%9.9%9.7%9.7%9.6%-
ROIC8.1%8.0%8.2%7.5%7.7%7.5%7.6%7.9%7.7%7.5%7.8%7.5%-
ROA5.2%5.1%5.2%5.3%5.3%5.2%5.3%5.0%5.0%4.9%5.0%4.9%-
β0.380.440.490.490.440.510.400.380.410.400.300.29-
βの決定係数(R2)0.060.080.100.090.070.100.060.060.080.070.050.06-
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
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
流動資産
現金17,72517,11918,29918,19418,00819,84320,82922,33124,27824,37525,93326,352-
売上債権90,14898,44985,10389,29492,946100,92587,21988,87287,457100,32782,26980,468-
棚卸資産45,93344,01645,25746,32246,09846,64245,73347,40848,08046,17947,93350,699-
有価証券-------------
前払金-------------
繰延税金資産2,1482,1182,316----------
貸倒引当金-92-98-86-87-88-103-118-119-119-113-131-131-
流動資産161,548168,552153,564162,991163,490175,550160,554175,326173,414186,304170,308175,936-
固定資産
建物・構築物68,85369,117237,54669,90169,02069,567244,22373,33372,54371,489252,67276,792-
機械・運搬具21,81622,24597,46525,24624,82825,259102,21626,34925,76825,177106,58928,617-
土地34,23134,27035,64335,60735,60735,66235,66435,66235,62635,60136,00735,948-
建設仮勘定1,1961,0162,2613,3103,5893,7246572,7265,1226,2724,5345,818-
有形固定資産145,165145,259152,792152,756151,278152,058155,456156,182156,828155,792163,233165,208-
のれん2,3482,3402,3072,1772,1392,1403,2543,2103,0602,9612,7542,660-
無形固定資産6,7237,4378,0627,8987,8548,0909,5699,3929,2319,1529,1529,036-
投資有価証券40,68942,80741,22541,56342,60539,16240,54340,07739,34740,34735,78036,482-
繰延税金資産1,1141,1112,0991,7651,7781,8271,612------
貸倒引当金-294-386-372-360-338-317-287-289-286-277-268-254-
敷金および保証金-------------
投資その他の資産52,00953,95552,84852,91854,50750,72551,67651,05650,29651,46947,31047,713-
固定資産203,898206,652213,703213,572213,640210,874216,703216,630216,355216,414219,696221,957-
総資産365,446375,204367,268376,564377,130386,424377,257391,957389,770402,718390,004397,894-
 
負債
有利子負債合計106,389105,52097,744108,93398,743103,36095,950100,088106,071108,08596,349107,133-
仕入債務28,61730,10627,94427,92828,79430,72325,54728,30827,28029,11625,52124,681-
前受金-------------
未払法人税等4,6073,7184,5522,1734,2593,2494,3682,2224,4483,5845,2992,736-
繰延税金負債(固定)7,2277,8725,4695,8546,4174,6795,138------
負債202,918205,753197,587203,821199,018206,275193,451206,346202,667211,270198,615205,466-
 
純資産
資本金30,30730,30730,30730,30730,30730,30730,30730,30730,35930,35930,35930,359-
資本剰余金7,6177,6177,6177,6177,6177,6177,6177,6175,7505,7505,7505,735-
利益剰余金119,560123,708126,510129,122133,885138,652142,274144,613149,644154,383156,953159,514-
自己株式-17,421-17,428-17,432-17,434-17,435-17,439-17,443-17,444-17,636-17,639-17,642-17,642-
非支配株主持分6,6027,1456,9516,8516,7217,2476,9857,3426,7967,1056,8846,600-
純資産162,527169,450169,680172,742178,112180,149183,805185,610187,103191,448191,388192,428-
キャッシュフロー(百万円)
C/S
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
営業CF
税金等調整前当期純利益15,80525,25629,2376,84313,89824,18729,5406,92514,56125,69929,7927,933-
減価償却費7,824-16,155-8,516-17,481-8,998-18,355--
のれん償却額-------------
減損損失4495394647526416748116-
受取利息及び受取配当金-491--817--514--871--521--896--
売上債権の増減額-13,476--7,972--8,459--2,709--515-4,750--
棚卸資産の増減額-3,653--2,803--1,135--561--2,337--2,098--
仕入債務の増減額4,005-2,934-894--2,530-1,742-635--
営業CF5,664-29,859-9,262-31,311-12,041-39,441--
投資CF
有価証券の取得-270-620-4040-2,1480-170-2,2040-
有価証券の売却・償還290120056401,7270007070-
固定資産の購入-6,8410-17,7140-12,1910-22,0700-11,7440-21,7050-
固定資産の売却1160178064701,032011701610-
貸付け-------------
貸付金の回収-------------
投資CF-8,710--20,269--6,671--17,918--12,445--24,300--
財務CF
短期借入金の純増減額14,704-3,754-1,249-1,324-7,043--2,818--
長期借入れ--9,500-1,253-2,997---10,000--
長期借入金の返済-7,323--7,323--516--4,016--1,200--5,200--
社債の発行----9,948-9,948------
社債の償還-----10,000--10,000------
自己株式の取得-14,004--14,016--3--10--3--18--
自己株式の売却-------------
配当金の支払-2,197--4,192--1,995--4,125--2,128--4,923--
財務CF-692--13,749--1,822--9,088-4,132--10,225--
換算差額176-723--688--713--353--148--
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額6,841024,952012,191024,132011,744027,2870-
研究開発費------2,359---2,486--
発行済株式総数133,274,289株133,271,950株133,270,482株133,270,069株133,269,404株133,268,220株133,267,066株133,266,363株133,228,020株133,226,868株133,225,797株133,225,712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
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
従業員数--15,787人---15,710人---15,824人--
売上/従業員(千円)--35,981---36,928---36,960--
営利/従業員(千円)--1,894---1,878---1,961--
四半期売上(百万円)
売上5y CAGR・予想:2.0 %
四半期利益(百万円)
営利5y CAGR・予想:1.8 %
純利5y CAGR・予想:1.6 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上143,791152,268132,965141,306147,711156,624134,500142,803149,044155,736137,275138,054585,000
前期比104.3%105.3%106.4%101.7%102.7%102.9%101.2%101.1%100.9%99.4%102.1%96.7%100.0%
売上原価119,654127,105113,031118,793124,489130,513113,131118,646124,244128,588114,306113,822-
売上総利益24,13625,16419,93422,51223,22326,11021,37024,15624,80127,14722,97024,232-
%16.8%16.5%15.0%15.9%15.7%16.7%15.9%16.9%16.6%17.4%16.7%17.6%-
販管費15,77015,79915,65515,93216,01116,15715,60417,28816,68016,42717,64316,370-
営業利益8,3679,3644,2796,5807,2129,9535,7666,8678,12110,7205,3277,86131,500
前期比97.1%91.1%143.8%83.4%86.2%106.3%134.8%104.4%112.6%107.7%92.4%114.5%101.5%
%5.8%6.1%3.2%4.7%4.9%6.4%4.3%4.8%5.4%6.9%3.9%5.7%5.4%
受取利息および受取配当金000435000432000378-
持分法による投資利益76243378139106156-2331701493579-
営業外収益241588692691294534234626361597307571-
支払利息224221228221219211219205199195192190-
持分法による投資損失000-000-000--
営業外費用321348360342395247415397188301264333-
経常利益8,2879,6044,6126,9307,11010,2405,5847,0968,29411,0165,3718,10031,500
固定資産売却益2617196012415124571286-
投資有価証券売却益131646159231437-0423012-
特別利益442025107282247449457436819-
固定資産売却損1150507114162-
投資有価証券売却損000-000-000--
減損損失2091397156352641416-
特別損失2221736561943371986811747173141,284185-
税引前利益8,1099,4513,9816,8437,05510,2895,3536,9257,63611,1384,0937,933-
法人税等2,4402,9219292,1422,2403,0101,3812,1932,3513,3071,1572,312-
%30.1%30.9%23.3%31.3%31.8%29.3%25.8%31.7%30.8%29.7%28.3%29.1%-
当期純利益5,6706,5303,0514,7004,8157,2803,9714,7315,2857,8312,9375,620-
非支配株主に帰属する当期純利益489383280894380349260253294367261-
親会社株主に帰属する当期純利益5,1826,1472,7714,6114,8106,9003,6224,4715,0317,5372,5705,35820,000
前期比96.2%93.7%174.9%92.3%92.8%112.2%130.7%97.0%104.6%109.2%71.0%119.8%102.0%
%3.6%4.0%2.1%3.3%3.3%4.4%2.7%3.1%3.4%4.8%1.9%3.9%3.4%
 
EBITDA24,07825,61846,0526,58022,30823,74546,9926,86723,98625,70849,3907,861-
EPS143.3円143.3円143.3円149.6円149.6円149.6円149.6円147.1円147.2円147.2円147.2円147.2円150.1円
BPS1,170.0円1,217.8円1,221.0円1,244.8円1,286.0円1,297.4円1,326.8円1,337.7円1,353.4円1,383.7円1,384.9円1,394.8円-
期初会社予想
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上高(期初予)556,000556,000556,000586,000586,000586,000586,000598,000598,000598,000598,000590,000585,000
対実績比50.9%78.2%102.2%24.1%49.3%76.0%99.0%23.9%48.8%74.8%97.8%23.4%-
営業利益(期初予)28,50028,50028,50031,00031,00031,00031,00030,50030,50030,50030,50031,50031,500
対実績比57.0%89.9%104.9%21.2%44.5%76.6%95.2%22.5%49.1%84.3%101.8%25.0%-
純利益(期初予)18,50018,50018,50019,80019,80019,80019,80020,00020,00020,00020,00020,00020,000
対実績比55.0%88.2%103.2%23.3%47.6%82.4%100.7%22.4%47.5%85.2%98.0%26.8%-
配当
ROEデュポン分解
β
マルチプル
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
株価2,825円3,115円2,940円2,818円3,010円3,025円2,728円2,557円2,464円2,550円3,055円3,135円-
企業価値467,957503,813480,221455,001491,882483,875447,073415,885410,067421,524477,421498,444-
時価総額376,502415,149391,820375,556401,143403,140363,556340,764328,274339,731407,005417,663-
純有利子負債88,66488,40179,44590,73980,73583,51775,12177,75781,79383,71070,41680,781-
PER(会予)20.4倍21.3倍20.1倍19.0倍20.3倍20.4倍18.2倍17.0倍16.4倍17.0倍20.4倍20.9倍-
PBR2.5倍2.7倍2.4倍2.3倍2.4倍2.4倍2.1倍1.9倍1.8倍1.9倍2.2倍2.2倍-
PER × PBR51.4倍56.7倍48.5倍43.8倍49.0倍47.9倍38.2倍32.8倍29.9倍32.0倍44.9倍46.9倍-
EV/EBITDA(会予)10.5倍10.8倍10.3倍9.6倍10.4倍10.3倍9.7倍8.7倍8.5倍8.8倍9.8倍10.0倍-
PSR(会予)0.7倍0.7倍0.7倍0.6倍0.7倍0.7倍0.6倍0.6倍0.5倍0.6倍0.7倍0.7倍-
PCFR(会予)10.9倍11.7倍11.0倍10.4倍11.2倍11.2倍10.1倍9.1倍8.8倍9.1倍10.6倍10.9倍-
配当金--30.0円---32.0円---42.0円-44.0円
配当利回り1.0%0.9%1.0%1.1%1.0%1.0%1.1%1.3%1.3%1.3%1.4%1.3%-
配当性向--20.9%---21.4%---28.5%--
自己資本配当率2.6%2.5%2.5%2.6%2.5%2.5%2.4%3.1%3.1%3.0%3.0%3.0%-
ROE12.2%11.8%11.7%12.0%11.6%11.5%11.3%11.0%10.9%10.6%10.6%10.6%-
純利益率(再掲)3.6%3.8%3.4%3.3%3.3%3.7%3.4%3.1%3.3%3.8%3.4%3.9%-
総資産回転率1.6回1.5回1.5回1.5回1.5回1.5回1.5回1.5回1.5回1.5回1.5回1.5回-
財務レバレッジ2.3倍2.3倍2.3倍2.3倍2.2倍2.2倍2.1倍2.2倍2.2倍2.2倍2.1倍2.1倍-
実質ROE11.0%10.6%10.6%10.9%10.6%10.5%10.3%10.0%9.9%9.7%9.7%9.6%-
ROIC8.1%8.0%8.2%7.5%7.7%7.5%7.6%7.9%7.7%7.5%7.8%7.5%-
ROA5.2%5.1%5.2%5.3%5.3%5.2%5.3%5.0%5.0%4.9%5.0%4.9%-
β0.380.440.490.490.440.510.400.380.410.400.300.29-
βの決定係数(R2)0.060.080.100.090.070.100.060.060.080.070.050.06-
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
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
流動資産
現金17,72517,11918,29918,19418,00819,84320,82922,33124,27824,37525,93326,352-
売上債権90,14898,44985,10389,29492,946100,92587,21988,87287,457100,32782,26980,468-
棚卸資産45,93344,01645,25746,32246,09846,64245,73347,40848,08046,17947,93350,699-
有価証券-------------
前払金-------------
繰延税金資産2,1482,1182,316----------
貸倒引当金-92-98-86-87-88-103-118-119-119-113-131-131-
流動資産161,548168,552153,564162,991163,490175,550160,554175,326173,414186,304170,308175,936-
固定資産
建物・構築物68,85369,117237,54669,90169,02069,567244,22373,33372,54371,489252,67276,792-
機械・運搬具21,81622,24597,46525,24624,82825,259102,21626,34925,76825,177106,58928,617-
土地34,23134,27035,64335,60735,60735,66235,66435,66235,62635,60136,00735,948-
建設仮勘定1,1961,0162,2613,3103,5893,7246572,7265,1226,2724,5345,818-
有形固定資産145,165145,259152,792152,756151,278152,058155,456156,182156,828155,792163,233165,208-
のれん2,3482,3402,3072,1772,1392,1403,2543,2103,0602,9612,7542,660-
無形固定資産6,7237,4378,0627,8987,8548,0909,5699,3929,2319,1529,1529,036-
投資有価証券40,68942,80741,22541,56342,60539,16240,54340,07739,34740,34735,78036,482-
繰延税金資産1,1141,1112,0991,7651,7781,8271,612------
貸倒引当金-294-386-372-360-338-317-287-289-286-277-268-254-
敷金および保証金-------------
投資その他の資産52,00953,95552,84852,91854,50750,72551,67651,05650,29651,46947,31047,713-
固定資産203,898206,652213,703213,572213,640210,874216,703216,630216,355216,414219,696221,957-
総資産365,446375,204367,268376,564377,130386,424377,257391,957389,770402,718390,004397,894-
 
負債
有利子負債合計106,389105,52097,744108,93398,743103,36095,950100,088106,071108,08596,349107,133-
仕入債務28,61730,10627,94427,92828,79430,72325,54728,30827,28029,11625,52124,681-
前受金-------------
未払法人税等4,6073,7184,5522,1734,2593,2494,3682,2224,4483,5845,2992,736-
繰延税金負債(固定)7,2277,8725,4695,8546,4174,6795,138------
負債202,918205,753197,587203,821199,018206,275193,451206,346202,667211,270198,615205,466-
 
純資産
資本金30,30730,30730,30730,30730,30730,30730,30730,30730,35930,35930,35930,359-
資本剰余金7,6177,6177,6177,6177,6177,6177,6177,6175,7505,7505,7505,735-
利益剰余金119,560123,708126,510129,122133,885138,652142,274144,613149,644154,383156,953159,514-
自己株式-17,421-17,428-17,432-17,434-17,435-17,439-17,443-17,444-17,636-17,639-17,642-17,642-
非支配株主持分6,6027,1456,9516,8516,7217,2476,9857,3426,7967,1056,8846,600-
純資産162,527169,450169,680172,742178,112180,149183,805185,610187,103191,448191,388192,428-
キャッシュフロー(百万円)
C/S
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
営業CF
税金等調整前当期純利益15,80525,25629,2376,84313,89824,18729,5406,92514,56125,69929,7927,933-
減価償却費7,824-16,155-8,516-17,481-8,998-18,355--
のれん償却額-------------
減損損失2091397156352641416-
受取利息及び受取配当金-491--817--514--871--521--896--
売上債権の増減額-13,476--7,972--8,459--2,709--515-4,750--
棚卸資産の増減額-3,653--2,803--1,135--561--2,337--2,098--
仕入債務の増減額4,005-2,934-894--2,530-1,742-635--
営業CF5,664-29,859-9,262-31,311-12,041-39,441--
投資CF
有価証券の取得-270-620-4040-2,1480-170-2,2040-
有価証券の売却・償還290120056401,7270007070-
固定資産の購入-6,8410-17,7140-12,1910-22,0700-11,7440-21,7050-
固定資産の売却1160178064701,032011701610-
貸付け-------------
貸付金の回収-------------
投資CF-8,710--20,269--6,671--17,918--12,445--24,300--
財務CF
短期借入金の純増減額14,704-3,754-1,249-1,324-7,043--2,818--
長期借入れ--9,500-1,253-2,997---10,000--
長期借入金の返済-7,323--7,323--516--4,016--1,200--5,200--
社債の発行----9,948-9,948------
社債の償還-----10,000--10,000------
自己株式の取得-14,004--14,016--3--10--3--18--
自己株式の売却-------------
配当金の支払-2,197--4,192--1,995--4,125--2,128--4,923--
財務CF-692--13,749--1,822--9,088-4,132--10,225--
換算差額176-723--688--713--353--148--
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額6,841024,952012,191024,132011,744027,2870-
研究開発費------2,359---2,486--
発行済株式総数133,274,289株133,271,950株133,270,482株133,270,069株133,269,404株133,268,220株133,267,066株133,266,363株133,228,020株133,226,868株133,225,797株133,225,712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
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
従業員数--15,787人---15,710人---15,824人--
売上/従業員(千円)--35,981---36,928---36,960--
営利/従業員(千円)--1,894---1,878---1,961--