通期売上(百万円)
売上5y CAGR・予想:0.4 %
通期利益(百万円)
営利5y CAGR・予想:-5.6 %
純利5y CAGR・予想:-7.8 %
P/L
2017.122018.122019.122020.12E
売上2,139,6532,215,9622,175,6262,180,000
前期比99.8%103.6%98.2%100.2%
売上原価843,558933,034942,299-
売上総利益1,348,0101,335,3901,233,326-
%63.0%60.3%56.7%-
販管費786,911770,407831,707-
営業利益561,101564,984502,355471,000
前期比94.6%100.7%88.9%93.8%
%26.2%25.5%23.1%21.6%
受取利息および受取配当金----
持分法による投資利益--5,011-
営業外収益4,7805,754--
支払利息----
持分法による投資損失----
営業外費用27,34939,252--
経常利益538,532531,486465,232-
固定資産売却益----
投資有価証券売却益----
特別利益----
固定資産売却損----
投資有価証券売却損----
減損損失----
特別損失----
税引前利益538,532531,486465,232-
法人税等141,783144,055103,609-
%26.4%26.3%27.1%-
当期純利益396,749387,431361,622-
非支配株主に帰属する当期純利益--13,432-
親会社株主に帰属する当期純利益392,409385,677348,190305,000
前期比93.1%98.3%90.3%87.6%
%19.7%18.3%17.4%14.0%
 
EBITDA734,123706,508723,655663,671
EPS219.1円215.3円196.3円191.7円
BPS1,541.9円1,468.4円1,501.1円-
期初会社予想
2017.122018.122019.122020.12E
売上高(期初予)2,110,0002,220,0002,200,0002,180,000
対実績比101.4%99.8%98.9%-
営業利益(期初予)560,000561,000540,000471,000
対実績比100.2%100.7%93.0%-
純利益(期初予)402,000394,000370,000305,000
対実績比97.6%97.9%94.1%-
配当
ROEデュポン分解
β
マルチプル
2017.122018.122019.122020.12E
株価3,631円2,617円2,433円-
企業価値6,829,4105,280,4145,194,710-
時価総額6,503,0754,687,1064,314,758-
純有利子負債326,335593,308879,952-
PER(会予)16.2倍12.7倍12.7倍-
PBR2.4倍1.8倍1.7倍-
PER × PBR39.6倍22.4倍21.5倍-
EV/EBITDA(会予)9.7倍7.8倍7.8倍-
PSR(会予)3.1倍2.1倍2.0倍-
PCFR(会予)12.0倍9.1倍8.7倍-
配当金140.0円150.0円154.0円154.0円
配当利回り3.6%5.4%6.2%-
配当性向63.9%69.7%78.5%-
自己資本配当率9.1%10.2%10.3%-
ROE14.2%14.7%13.1%-
純利益率(再掲)18.3%17.4%16.0%-
総資産回転率0.4回0.4回0.4回-
財務レバレッジ1.9倍2.0倍2.1倍-
実質ROE12.2%12.5%11.0%-
ROIC11.9%11.7%11.0%-
ROA7.5%7.1%6.3%-
β0.900.720.68-
βの決定係数(R2)0.290.250.25-
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215,885282,063357,158-
売上債権413,625492,914470,876-
棚卸資産564,404632,924642,346-
有価証券--21,943-
前払金----
繰延税金資産----
貸倒引当金----
流動資産1,707,7701,809,4101,925,673-
固定資産
建物・構築物----
機械・運搬具----
土地----
建設仮勘定----
有形固定資産745,607758,841803,239-
のれん1,891,2102,008,4162,443,029-
無形固定資産2,370,3852,511,492440,434-
投資有価証券----
繰延税金資産--134,696-
貸倒引当金----
敷金および保証金----
投資その他の資産----
固定資産3,513,7203,651,9903,627,397-
総資産5,221,4805,461,4005,553,071-
 
負債
有利子負債合計543,315876,5881,061,627-
仕入債務331,358393,905348,239-
前受金----
未払法人税等--69,543-
繰延税金負債(固定)--80,430-
負債2,379,4602,760,9602,809,459-
 
純資産
資本金100,000100,000100,000-
資本剰余金--736,400-
利益剰余金2,536,2602,660,3802,750,506-
自己株式-443,636-442,829-492,469-
非支配株主持分80,34069,85180,916-
純資産2,842,0302,700,4502,743,611-
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--465,232-
減価償却費145,407158,671183,852-
のれん償却額--2,443,029-
減損損失----
受取利息及び受取配当金---7,944-
売上債権の増減額--10,673-
棚卸資産の増減額---32,817-
仕入債務の増減額--28,294-
営業CF419,212461,389540,410-
投資CF
有価証券の取得000-
有価証券の売却・償還000-
固定資産の購入-140,138-158,810-133,370-
固定資産の売却000-
貸付け----
貸付金の回収----
投資CF-352,632-383,307-123,571-
財務CF
短期借入金の純増減額----
長期借入れ----
長期借入金の返済---11,568-
社債の発行--59,435-
社債の償還----
自己株式の取得---50,001-
自己株式の売却----
配当金の支払---270,871-
財務CF-77,032-62,360-333,832-
換算差額---7,913-
その他
2017.122018.122019.122020.12E
設備投資額--6,100-
研究開発費60,60065,400--
発行済株式総数1,791,043,411株1,791,423,359株1,773,803,434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57,963人63,968人61,975人-
売上/従業員(千円)47,98436,91434,642-
営利/従業員(千円)13,2839,6808,832-
四半期売上(百万円)
売上5y CAGR・予想:0.4 %
四半期利益(百万円)
営利5y CAGR・予想:-5.6 %
純利5y CAGR・予想:-7.8 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上1,045,3301,592,9002,139,653515,0501,075,2711,675,8202,215,962505,4221,058,5491,633,7482,175,626519,6202,180,000
前期比97.1%98.4%99.8%101.8%102.9%105.2%103.6%98.1%98.4%97.5%98.2%102.8%100.2%
売上原価410,511619,334843,558216,783443,511685,128933,034212,555448,420689,768942,299221,131-
売上総利益670,5711,012,9401,348,010316,418653,4821,017,6401,335,390292,867610,129943,9791,233,326298,489-
%64.1%63.6%63.0%61.4%60.8%60.7%60.3%57.9%57.6%57.8%56.7%57.4%-
販管費357,286543,269786,911169,643351,152540,543770,407174,224367,903579,447831,707173,187-
営業利益313,285469,668561,101146,775302,330477,093564,984182,593311,326440,597502,355128,953471,000
前期比90.8%95.0%94.6%98.5%96.5%101.6%100.7%124.4%103.0%92.4%88.9%70.6%93.8%
%30.0%29.5%26.2%28.5%28.1%28.5%25.5%36.1%29.4%27.0%23.1%24.8%21.6%
受取利息および受取配当金-------------
持分法による投資利益----------5,011620-
営業外収益2,9213,6574,7801,7642,9764,0635,7542,2834,1095,929---
支払利息-------------
持分法による投資損失-------------
営業外費用13,29419,39027,3498,64814,93931,75539,25212,14824,81734,962---
経常利益302,913453,935538,532139,891290,367449,402531,486172,727290,618411,564465,232115,102-
固定資産売却益-------------
投資有価証券売却益-------------
特別利益-------------
固定資産売却損-------------
投資有価証券売却損-------------
減損損失-------------
特別損失-------------
税引前利益302,913453,935538,532139,891290,367449,402531,486172,727290,618411,564465,232115,102-
法人税等75,591117,669141,78335,39772,807114,523144,05539,04352,19482,792103,60928,221-
%26.4%26.4%26.4%26.3%26.3%26.3%26.3%27.1%27.1%27.1%27.1%22.3%-
当期純利益227,322336,266396,749104,494217,560334,878387,431133,685238,424328,771361,62286,882-
非支配株主に帰属する当期純利益----------13,432508-
親会社株主に帰属する当期純利益225,635333,698392,409104,011216,093332,686385,677120,840226,451316,148348,19086,373305,000
前期比91.3%95.3%93.1%98.6%95.8%99.7%98.3%116.2%104.8%95.0%90.3%71.5%87.6%
%19.7%19.7%19.7%18.3%18.3%18.3%18.3%17.4%17.4%17.4%17.4%16.0%14.0%
 
EBITDA734,123734,123734,123706,508706,508706,508706,508723,655723,655723,655723,6553,129,2363,097,881
EPS219.1円219.1円219.1円215.3円215.3円215.3円215.3円196.3円196.3円196.3円196.3円196.3円171.9円
BPS1,454.3円1,482.1円1,541.9円1,465.6円1,496.6円1,481.7円1,468.4円1,460.4円1,491.4円1,438.8円1,501.1円1,365.7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)2,110,0002,110,0002,110,0002,220,0002,220,0002,220,0002,220,0002,200,0002,200,0002,200,0002,200,0002,180,0002,180,000
対実績比49.5%75.5%101.4%23.2%48.4%75.5%99.8%23.0%48.1%74.3%98.9%23.8%-
営業利益(期初予)560,000560,000560,000561,000561,000561,000561,000540,000540,000540,000540,000471,000471,000
対実績比55.9%83.9%100.2%26.2%53.9%85.0%100.7%33.8%57.7%81.6%93.0%27.4%-
純利益(期初予)402,000402,000402,000394,000394,000394,000394,000370,000370,000370,000370,000305,000305,000
対実績比56.1%83.0%97.6%26.4%54.8%84.4%97.9%32.7%61.2%85.4%94.1%28.3%-
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3,947円3,688円3,631円3,066円3,095円2,966円2,617円2,745円2,380円2,366円2,433円1,996円-
企業価値7,441,2446,977,3786,829,4106,031,2586,044,5525,724,3095,280,4145,613,0945,022,9975,076,7525,194,7104,313,351-
時価総額7,069,0286,605,1626,503,0755,491,3395,543,4195,313,1284,687,1064,917,4574,220,5934,196,8004,314,7583,540,849-
純有利子負債372,216372,216326,335539,919501,133411,181593,308695,637802,404879,952879,952772,502-
PER(会予)17.6倍16.4倍16.2倍13.9倍14.1倍14.1倍12.7倍13.3倍11.4倍11.7倍12.7倍11.6倍-
PBR2.7倍2.5倍2.4倍2.0倍2.1倍2.0倍1.8倍1.9倍1.6倍1.6倍1.7倍1.5倍-
PER × PBR47.7倍41.7倍39.6倍27.7倍29.7倍27.9倍22.4倍24.8倍18.6倍19.2倍21.5倍17.0倍-
EV/EBITDA(会予)10.6倍9.9倍9.7倍8.5倍8.6倍8.3倍7.8倍8.0倍7.2倍7.5倍7.8倍1.4倍-
PSR(会予)3.4倍3.1倍3.1倍2.5倍2.5倍2.4倍2.1倍2.2倍1.9倍1.9倍2.0倍1.6倍-
PCFR(会予)13.0倍12.2倍12.0倍10.2倍10.3倍10.2倍9.1倍9.3倍8.0倍8.1倍8.7倍1.2倍-
配当金--140.0円---150.0円---154.0円-154.0円
配当利回り3.3%3.5%3.6%4.6%4.5%4.7%5.4%5.5%6.3%6.3%6.2%7.7%-
配当性向--63.9%---69.7%---78.5%--
自己資本配当率9.6%9.4%9.1%10.2%10.0%10.1%10.2%10.5%10.3%10.7%10.3%11.3%-
ROE15.1%14.8%14.2%14.7%14.4%14.5%14.7%13.4%13.2%13.6%13.1%14.4%-
純利益率(再掲)21.6%20.9%18.3%20.2%20.1%19.9%17.4%23.9%21.4%19.4%16.0%16.6%-
総資産回転率0.5回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回-
財務レバレッジ1.8倍1.8倍1.9倍1.9倍1.9倍1.9倍2.0倍2.1倍2.1倍2.1倍2.1倍2.1倍-
実質ROE12.9%12.7%12.2%12.6%12.3%12.5%12.5%11.3%11.1%11.4%11.0%11.9%-
ROIC13.4%13.1%11.9%12.7%12.6%11.9%11.7%10.9%10.8%11.0%11.0%11.4%-
ROA8.5%8.0%7.5%7.8%7.7%7.2%7.1%6.4%6.4%6.6%6.3%6.7%-
β0.880.910.900.940.710.700.720.720.670.700.680.61-
βの決定係数(R2)0.280.300.290.330.210.200.250.240.220.240.250.25-
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160,481216,980215,885182,632237,353283,280282,063261,463309,159181,675357,158301,059-
売上債権387,058387,058413,625439,562410,613422,945492,914456,591430,556470,876470,876407,044-
棚卸資産535,920535,920564,404612,954598,729612,346632,924649,238655,575642,346642,346622,118-
有価証券----------21,94340,847-
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産1,451,4701,598,9801,707,7701,562,0801,664,0201,805,6201,809,4101,771,6261,863,0491,722,1021,925,6731,762,812-
固定資産
建物・構築物-------------
機械・運搬具-------------
土地-------------
建設仮勘定-------------
有形固定資産686,138707,175745,607729,558728,439734,875758,841801,296793,071790,962803,239782,179-
のれん1,629,7961,719,0231,891,2101,816,8781,786,7471,935,8052,008,4162,010,9991,974,3051,943,1302,443,0291,887,666-
無形固定資産2,032,9832,168,6732,370,3852,265,5882,220,6642,419,2342,511,4922,502,6382,440,1352,386,884440,434410,871-
投資有価証券-------------
繰延税金資産----------134,696132,468-
貸倒引当金-------------
敷金および保証金-------------
投資その他の資産-------------
固定資産3,166,9003,316,5503,513,7203,377,9803,332,0403,541,4503,651,9903,694,2703,604,2143,545,7543,627,3973,439,167-
総資産4,618,3604,915,5305,221,4804,940,0604,996,0605,347,0705,461,4005,465,8965,467,2635,267,8575,553,0715,201,980-
 
負債
有利子負債合計532,697532,697543,315755,804683,765648,534876,588977,7001,063,8671,061,6271,061,6271,073,561-
仕入債務301,659301,659331,358218,378354,266334,834393,905380,516371,583348,239348,239351,398-
前受金-------------
未払法人税等----------69,54358,566-
繰延税金負債(固定)----------80,43072,600-
負債1,941,0902,187,4702,379,4602,235,9902,244,6202,621,8002,760,9602,793,3312,741,2482,635,3952,809,4592,700,135-
 
純資産
資本金100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000-
資本剰余金----------736,400736,400-
利益剰余金2,474,0002,456,7102,536,2602,515,3002,625,1102,607,6602,660,3802,646,8622,752,7592,705,8482,750,5062,700,870-
自己株式-443,754-443,754-443,636-443,540-442,996-442,954-442,829-492,627-492,569-492,487-492,469-492,101-
非支配株主持分72,66473,64080,34079,09070,54270,94369,85182,20180,55780,28380,91679,139-
純資産2,677,2702,728,0602,842,0302,704,0602,751,4402,725,2702,700,4502,672,5652,726,0152,632,4612,743,6112,501,844-
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----------465,232115,102-
減価償却費70,246106,192145,40738,45176,396116,291158,67145,82491,252135,871183,85246,470-
のれん償却額----------2,443,029--
減損損失-------------
受取利息及び受取配当金-----------7,944-1,599-
売上債権の増減額----------10,67311,589-
棚卸資産の増減額-----------32,81733,609-
仕入債務の増減額----------28,294-41,529-
営業CF40,485334,452419,21280,201229,158427,618461,389121,168221,938257,770540,410-1,943-
投資CF
有価証券の取得000000000000-
有価証券の売却・償還000000000000-
固定資産の購入-58,844-96,143-140,138-31,949-69,452-106,670-158,810-31,560-60,298-91,648-133,370-29,291-
固定資産の売却000000000000-
貸付け-------------
貸付金の回収-------------
投資CF-52,555-171,256-352,632-21,256-60,815-233,925-383,307-39,427-82,263-124,786-123,571-7,518-
財務CF
短期借入金の純増減額-------------
長期借入れ-------------
長期借入金の返済-----------11,568-239-
社債の発行----------59,435--
社債の償還-------------
自己株式の取得-----------50,0010-
自己株式の売却-------------
配当金の支払-----------270,871-134,781-
財務CF-123,643-242,588-77,032-152,313-208,915-176,789-62,360-101,415-104,044-223,407-333,832-31,099-
換算差額-----------7,913-15,538-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額----------6,100--
研究開発費28,52143,90060,60014,61931,60047,42965,40016,30032,40048,500---
発行済株式総数1,790,987,530株1,790,987,455株1,791,043,411株1,791,088,611株1,791,344,598株1,791,364,760株1,791,423,359株1,773,730,949株1,773,757,614株1,773,795,537株1,773,803,434株1,773,972,579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--57,963人---63,968人---61,975人--
売上/従業員(千円)47,98447,98447,98436,91436,91436,91436,91434,64234,64234,64234,64235,105-
営利/従業員(千円)13,28313,28313,2839,6809,6809,6809,6808,8328,8328,8328,8328,106-
四半期売上(百万円)
売上5y CAGR・予想:0.4 %
四半期利益(百万円)
営利5y CAGR・予想:-5.6 %
純利5y CAGR・予想:-7.8 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上539,192547,570546,753515,050560,221600,549540,142505,422553,127575,199541,878519,6202,180,000
前期比99.3%101.1%104.2%101.8%103.9%109.7%98.8%98.1%98.7%95.8%100.3%102.8%100.2%
売上原価211,051208,823224,224216,783226,728241,617247,906212,555235,865241,348252,531221,131-
売上総利益350,492342,369335,070316,418337,064364,158317,750292,867317,262333,850289,347298,489-
%65.0%62.5%61.3%61.4%60.2%60.6%58.8%57.9%57.4%58.0%53.4%57.4%-
販管費186,164185,983243,642169,643181,509189,391229,864174,224193,679211,544252,260173,187-
営業利益164,328156,38391,433146,775155,555174,76387,891182,593128,733129,27161,758128,953471,000
前期比116.3%104.6%92.6%98.5%94.7%111.8%96.1%124.4%82.8%74.0%70.3%70.6%93.8%
%30.5%28.6%16.7%28.5%27.8%29.1%16.3%36.1%23.3%22.5%11.4%24.8%21.6%
受取利息および受取配当金000-000-000--
持分法による投資利益000-000-005,011620-
営業外収益1,0957361,1231,7641,2121,0871,6912,2831,8261,820-5,929--
支払利息000-000-000--
持分法による投資損失000-000-000--
営業外費用5,0046,0967,9598,6486,29116,8167,49712,14812,66910,145-34,962--
経常利益160,420151,02284,597139,891150,476159,03582,084172,727117,891120,94653,668115,102-
固定資産売却益000-000-000--
投資有価証券売却益000-000-000--
特別利益000-000-000--
固定資産売却損000-000-000--
投資有価証券売却損000-000-000--
減損損失000-000-000--
特別損失000-000-000--
税引前利益160,420151,02284,597139,891150,476159,03582,084172,727117,891120,94653,668115,102-
法人税等39,11942,07824,11435,39737,41041,71629,53239,04313,15130,59820,81728,221-
%24.4%27.9%28.5%25.3%24.9%26.2%36.0%22.6%11.2%25.3%38.8%24.5%-
当期純利益121,301108,94460,483104,494113,066117,31852,553133,685104,73990,34732,85186,882-
非支配株主に帰属する当期純利益000-000-0013,432508-
親会社株主に帰属する当期純利益120,144108,06358,711104,011112,082116,59352,991120,840105,61189,69732,04286,373305,000
前期比118.2%105.0%81.9%98.6%93.3%107.9%90.3%116.2%94.2%76.9%60.5%71.5%87.6%
%22.3%19.7%10.7%20.2%20.0%19.4%9.8%23.9%19.1%15.6%5.9%16.6%14.0%
 
EBITDA734,123734,123734,123706,508706,508706,508706,508723,655723,655723,655723,6553,129,2363,097,881
EPS219.1円219.1円219.1円215.3円215.3円215.3円215.3円196.3円196.3円196.3円196.3円196.3円171.9円
BPS1,454.3円1,482.1円1,541.9円1,465.6円1,496.6円1,481.7円1,468.4円1,460.4円1,491.4円1,438.8円1,501.1円1,365.7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)2,110,0002,110,0002,110,0002,220,0002,220,0002,220,0002,220,0002,200,0002,200,0002,200,0002,200,0002,180,0002,180,000
対実績比49.5%75.5%101.4%23.2%48.4%75.5%99.8%23.0%48.1%74.3%98.9%23.8%-
営業利益(期初予)560,000560,000560,000561,000561,000561,000561,000540,000540,000540,000540,000471,000471,000
対実績比55.9%83.9%100.2%26.2%53.9%85.0%100.7%33.8%57.7%81.6%93.0%27.4%-
純利益(期初予)402,000402,000402,000394,000394,000394,000394,000370,000370,000370,000370,000305,000305,000
対実績比56.1%83.0%97.6%26.4%54.8%84.4%97.9%32.7%61.2%85.4%94.1%28.3%-
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3,947円3,688円3,631円3,066円3,095円2,966円2,617円2,745円2,380円2,366円2,433円1,996円-
企業価値7,441,2446,977,3786,829,4106,031,2586,044,5525,724,3095,280,4145,613,0945,022,9975,076,7525,194,7104,313,351-
時価総額7,069,0286,605,1626,503,0755,491,3395,543,4195,313,1284,687,1064,917,4574,220,5934,196,8004,314,7583,540,849-
純有利子負債372,216372,216326,335539,919501,133411,181593,308695,637802,404879,952879,952772,502-
PER(会予)17.6倍16.4倍16.2倍13.9倍14.1倍14.1倍12.7倍13.3倍11.4倍11.7倍12.7倍11.6倍-
PBR2.7倍2.5倍2.4倍2.0倍2.1倍2.0倍1.8倍1.9倍1.6倍1.6倍1.7倍1.5倍-
PER × PBR47.7倍41.7倍39.6倍27.7倍29.7倍27.9倍22.4倍24.8倍18.6倍19.2倍21.5倍17.0倍-
EV/EBITDA(会予)10.6倍9.9倍9.7倍8.5倍8.6倍8.3倍7.8倍8.0倍7.2倍7.5倍7.8倍1.4倍-
PSR(会予)3.4倍3.1倍3.1倍2.5倍2.5倍2.4倍2.1倍2.2倍1.9倍1.9倍2.0倍1.6倍-
PCFR(会予)13.0倍12.2倍12.0倍10.2倍10.3倍10.2倍9.1倍9.3倍8.0倍8.1倍8.7倍1.2倍-
配当金--140.0円---150.0円---154.0円-154.0円
配当利回り3.3%3.5%3.6%4.6%4.5%4.7%5.4%5.5%6.3%6.3%6.2%7.7%-
配当性向--63.9%---69.7%---78.5%--
自己資本配当率9.6%9.4%9.1%10.2%10.0%10.1%10.2%10.5%10.3%10.7%10.3%11.3%-
ROE15.1%14.8%14.2%14.7%14.4%14.5%14.7%13.4%13.2%13.6%13.1%14.4%-
純利益率(再掲)21.6%20.9%18.3%20.2%20.1%19.9%17.4%23.9%21.4%19.4%16.0%16.6%-
総資産回転率0.5回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回-
財務レバレッジ1.8倍1.8倍1.9倍1.9倍1.9倍1.9倍2.0倍2.1倍2.1倍2.1倍2.1倍2.1倍-
実質ROE12.9%12.7%12.2%12.6%12.3%12.5%12.5%11.3%11.1%11.4%11.0%11.9%-
ROIC13.4%13.1%11.9%12.7%12.6%11.9%11.7%10.9%10.8%11.0%11.0%11.4%-
ROA8.5%8.0%7.5%7.8%7.7%7.2%7.1%6.4%6.4%6.6%6.3%6.7%-
β0.880.910.900.940.710.700.720.720.670.700.680.61-
βの決定係数(R2)0.280.300.290.330.210.200.250.240.220.240.250.25-
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160,481216,980215,885182,632237,353283,280282,063261,463309,159181,675357,158301,059-
売上債権387,058387,058413,625439,562410,613422,945492,914456,591430,556470,876470,876407,044-
棚卸資産535,920535,920564,404612,954598,729612,346632,924649,238655,575642,346642,346622,118-
有価証券----------21,94340,847-
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産1,451,4701,598,9801,707,7701,562,0801,664,0201,805,6201,809,4101,771,6261,863,0491,722,1021,925,6731,762,812-
固定資産
建物・構築物-------------
機械・運搬具-------------
土地-------------
建設仮勘定-------------
有形固定資産686,138707,175745,607729,558728,439734,875758,841801,296793,071790,962803,239782,179-
のれん1,629,7961,719,0231,891,2101,816,8781,786,7471,935,8052,008,4162,010,9991,974,3051,943,1302,443,0291,887,666-
無形固定資産2,032,9832,168,6732,370,3852,265,5882,220,6642,419,2342,511,4922,502,6382,440,1352,386,884440,434410,871-
投資有価証券-------------
繰延税金資産----------134,696132,468-
貸倒引当金-------------
敷金および保証金-------------
投資その他の資産-------------
固定資産3,166,9003,316,5503,513,7203,377,9803,332,0403,541,4503,651,9903,694,2703,604,2143,545,7543,627,3973,439,167-
総資産4,618,3604,915,5305,221,4804,940,0604,996,0605,347,0705,461,4005,465,8965,467,2635,267,8575,553,0715,201,980-
 
負債
有利子負債合計532,697532,697543,315755,804683,765648,534876,588977,7001,063,8671,061,6271,061,6271,073,561-
仕入債務301,659301,659331,358218,378354,266334,834393,905380,516371,583348,239348,239351,398-
前受金-------------
未払法人税等----------69,54358,566-
繰延税金負債(固定)----------80,43072,600-
負債1,941,0902,187,4702,379,4602,235,9902,244,6202,621,8002,760,9602,793,3312,741,2482,635,3952,809,4592,700,135-
 
純資産
資本金100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000-
資本剰余金----------736,400736,400-
利益剰余金2,474,0002,456,7102,536,2602,515,3002,625,1102,607,6602,660,3802,646,8622,752,7592,705,8482,750,5062,700,870-
自己株式-443,754-443,754-443,636-443,540-442,996-442,954-442,829-492,627-492,569-492,487-492,469-492,101-
非支配株主持分72,66473,64080,34079,09070,54270,94369,85182,20180,55780,28380,91679,139-
純資産2,677,2702,728,0602,842,0302,704,0602,751,4402,725,2702,700,4502,672,5652,726,0152,632,4612,743,6112,501,844-
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----------465,232115,102-
減価償却費70,246106,192145,40738,45176,396116,291158,67145,82491,252135,871183,85246,470-
のれん償却額----------2,443,029--
減損損失000-000-000--
受取利息及び受取配当金-----------7,944-1,599-
売上債権の増減額----------10,67311,589-
棚卸資産の増減額-----------32,81733,609-
仕入債務の増減額----------28,294-41,529-
営業CF40,485334,452419,21280,201229,158427,618461,389121,168221,938257,770540,410-1,943-
投資CF
有価証券の取得000000000000-
有価証券の売却・償還000000000000-
固定資産の購入-58,844-96,143-140,138-31,949-69,452-106,670-158,810-31,560-60,298-91,648-133,370-29,291-
固定資産の売却000000000000-
貸付け-------------
貸付金の回収-------------
投資CF-52,555-171,256-352,632-21,256-60,815-233,925-383,307-39,427-82,263-124,786-123,571-7,518-
財務CF
短期借入金の純増減額-------------
長期借入れ-------------
長期借入金の返済-----------11,568-239-
社債の発行----------59,435--
社債の償還-------------
自己株式の取得-----------50,0010-
自己株式の売却-------------
配当金の支払-----------270,871-134,781-
財務CF-123,643-242,588-77,032-152,313-208,915-176,789-62,360-101,415-104,044-223,407-333,832-31,099-
換算差額-----------7,913-15,538-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額----------6,100--
研究開発費28,52143,90060,60014,61931,60047,42965,40016,30032,40048,500---
発行済株式総数1,790,987,530株1,790,987,455株1,791,043,411株1,791,088,611株1,791,344,598株1,791,364,760株1,791,423,359株1,773,730,949株1,773,757,614株1,773,795,537株1,773,803,434株1,773,972,579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--57,963人---63,968人---61,975人--
売上/従業員(千円)47,98447,98447,98436,91436,91436,91436,91434,64234,64234,64234,64235,105-
営利/従業員(千円)13,28313,28313,2839,6809,6809,6809,6808,8328,8328,8328,8328,106-