通期売上(百万円)
売上5y CAGR・予想:-1.6 %
通期利益(百万円)
営利5y CAGR・予想:-8.2 %
純利5y CAGR・予想:-9.3 %
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1,348,0101,282,9281,233,326-
%63.0%57.9%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-3,9315,011-
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-
%26.3%27.1%22.3%-
当期純利益396,749387,431361,622-
非支配株主に帰属する当期純利益-1,75513,432-
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%
%18.3%17.4%16.0%14.0%
 
EBITDA706,508723,6553,129,236-
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539,919695,717617,344-
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2.1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439,562456,591458,513-
棚卸資産612,954649,238677,586-
有価証券-35,63321,943-
前払金----
繰延税金資産----
貸倒引当金----
流動資産1,707,7701,809,4061,925,673-
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1,891,2102,511,4922,443,029-
無形固定資産2,370,385503,076440,434-
投資有価証券----
繰延税金資産-125,109134,696-
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3,513,7203,651,9933,627,397-
総資産5,221,4805,461,4005,553,071-
 
負債
有利子負債合計755,804977,780974,502-
仕入債務218,378380,516408,597-
前受金----
未払法人税等-72,44969,543-
繰延税金負債(固定)-88,49780,430-
負債2,379,4602,760,9552,809,459-
 
純資産
資本金100,000100,000100,000-
資本剰余金-736,400736,400-
利益剰余金2,536,2602,660,3812,750,506-
自己株式-443,636-442,829-492,469-
非支配株主持分80,34069,85180,916-
純資産2,842,0302,700,4452,743,611-
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-531,486465,232-
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--5,751-7,944-
売上債権の増減額--30,81810,673-
棚卸資産の増減額--53,058-32,817-
仕入債務の増減額--4,61828,294-
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-59,135--
長期借入金の返済--2,710-11,568-
社債の発行-341,51659,435-
社債の償還--54,086--
自己株式の取得---50,001-
自己株式の売却----
配当金の支払--259,671-270,871-
財務CF-77,032-62,360-333,832-
換算差額--19,145-7,913-
その他
2017.122018.122019.122020.12E
設備投資額140,138159,808131,400-
研究開発費60,60065,40064,100-
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)36,91434,64235,105-
営利/従業員(千円)9,6808,8328,106-
四半期売上(百万円)
売上5y CAGR・予想:-1.6 %
四半期利益(百万円)
営利5y CAGR・予想:-8.2 %
純利5y CAGR・予想:-9.3 %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上1,592,9002,139,653515,0501,075,2711,675,8202,215,962505,4221,058,5491,633,7482,175,626519,6201,030,2182,010,000
前期比98.4%99.8%101.8%102.9%105.2%103.6%98.1%98.4%97.5%98.2%102.8%97.3%92.4%
売上原価619,334843,558216,783443,511685,128933,034212,555448,420689,768942,299221,131436,451-
売上総利益1,012,9401,348,010316,418653,4821,017,6401,282,928292,867610,129943,9791,233,326298,489593,767-
%63.6%63.0%61.4%60.8%60.7%57.9%57.9%57.6%57.8%56.7%57.4%57.6%-
販管費543,269786,911169,643351,152540,543770,407174,224367,903579,447831,707173,187347,396-
営業利益469,668561,101146,775302,330477,093564,984182,593311,326440,597502,355128,953251,989422,000
前期比95.0%94.6%98.5%96.5%101.6%100.7%124.4%103.0%92.4%88.9%70.6%80.9%84.0%
%29.5%26.2%28.5%28.1%28.5%25.5%36.1%29.4%27.0%23.1%24.8%24.5%21.0%
受取利息および受取配当金-------------
持分法による投資利益-----3,9317442,606-5,0116201,613-
営業外収益3,6574,7801,7642,9764,0635,7542,2834,1095,929----
支払利息-------------
持分法による投資損失-------------
営業外費用19,39027,3498,64814,93931,75539,25212,14824,81734,962----
経常利益453,935538,532139,891290,367449,402531,486172,727290,618411,564465,232115,102225,961-
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453,935538,532139,891290,367449,402531,486172,727290,618411,564465,232115,102225,961-
法人税等117,669141,78335,39772,807114,523144,05539,04352,19482,792103,60928,22152,607-
%25.9%26.3%25.3%25.1%25.5%27.1%22.6%18.0%20.1%22.3%24.5%23.3%-
当期純利益336,266396,749104,494217,560334,878387,431133,685238,424328,771361,62286,882173,354-
非支配株主に帰属する当期純利益-----1,75512,84511,972-13,432508859-
親会社株主に帰属する当期純利益333,698392,409104,011216,093332,686385,677120,840226,451316,148348,19086,373172,495286,000
前期比95.3%93.1%98.6%95.8%99.7%98.3%116.2%104.8%95.0%90.3%71.5%76.2%82.1%
%20.9%18.3%20.2%20.1%19.9%17.4%23.9%21.4%19.4%16.0%16.6%16.7%14.2%
 
EBITDA575,860706,508185,226378,726593,384723,655228,417402,578576,4683,129,236175,423342,890-
EPS219.1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196.2円171.9円
BPS1,482.1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1,434.2円-
期初会社予想
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上高(期初予)2,110,0002,110,0002,220,0002,220,0002,220,0002,220,0002,200,0002,200,0002,200,0002,200,0002,180,0002,180,0002,010,000
対実績比75.5%101.4%23.2%48.4%75.5%99.8%23.0%48.1%74.3%98.9%23.8%47.3%-
営業利益(期初予)560,000560,000561,000561,000561,000561,000540,000540,000540,000540,000471,000471,000422,000
対実績比83.9%100.2%26.2%53.9%85.0%100.7%33.8%57.7%81.6%93.0%27.4%53.5%-
純利益(期初予)402,000402,000394,000394,000394,000394,000370,000370,000370,000370,000305,000305,000286,000
対実績比83.0%97.6%26.4%54.8%84.4%97.9%32.7%61.2%85.4%94.1%28.3%56.6%-
配当
ROEデュポン分解
β
マルチプル
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
株価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2,002円-
企業価値6,977,3786,829,4106,031,2586,044,5525,724,3095,280,4145,613,1745,022,9975,076,7525,194,7104,313,3514,224,929-
時価総額6,605,1626,503,0755,491,3395,543,4195,313,1284,687,1064,917,4574,220,5934,196,8004,314,7583,540,8493,551,147-
純有利子負債326,335539,919501,133411,181593,308695,717802,404740,159879,952617,344772,502673,782-
PER(会予)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11.6倍-
PBR2.5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1.4倍-
PER × PBR41.7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16.2倍-
EV/EBITDA(会予)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1.4倍-
PSR(会予)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1.6倍-
PCFR(会予)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1.2倍-
配当金-140.0円---150.0円---154.0円--154.0円
配当利回り3.5%3.6%4.6%4.5%4.7%5.4%5.5%6.3%6.3%6.2%7.7%7.7%-
配当性向-63.9%---69.7%---78.5%---
自己資本配当率9.4%9.1%10.2%10.0%10.1%10.2%10.5%10.3%10.7%10.3%11.3%10.7%-
ROE14.8%14.2%14.7%14.4%14.5%14.7%13.4%13.2%13.6%13.1%14.4%13.7%-
純利益率(再掲)20.9%18.3%20.2%20.1%19.9%17.4%23.9%21.4%19.4%16.0%16.6%16.7%-
総資産回転率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0.4回-
財務レバレッジ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2.1倍2.1倍-
実質ROE12.7%12.2%12.6%12.3%12.5%12.5%11.3%11.1%11.4%11.0%11.9%11.5%-
ROIC13.1%11.9%12.7%12.6%11.9%11.7%10.9%10.8%11.0%11.0%11.4%11.0%-
ROA8.0%7.5%7.8%7.7%7.2%7.1%6.4%6.4%6.6%6.3%6.7%6.5%-
β0.910.900.940.710.700.720.720.670.700.680.610.57-
βの決定係数(R2)0.300.290.330.210.200.250.240.220.240.250.250.26-
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.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
流動資産
現金216,980215,885182,632237,353283,280282,063261,463309,159181,675357,158301,059407,740-
売上債権413,625439,562410,613422,945492,914456,591430,556464,430470,876458,513407,044445,351-
棚卸資産564,404612,954598,729612,346632,924649,238655,575636,739642,346677,586622,118653,712-
有価証券-----35,633---21,94340,84728,170-
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産1,598,9801,707,7701,562,0801,664,0201,805,6201,809,4061,771,6261,863,0491,722,1021,925,6731,762,8121,910,118-
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707,175745,607729,558728,439734,875758,841801,296793,071790,962803,239782,179780,725-
のれん1,719,0231,891,2101,816,8781,786,7471,935,8052,511,4922,010,9991,974,3051,943,1302,443,0291,887,6661,907,226-
無形固定資産2,168,6732,370,3852,265,5882,220,6642,419,234503,0762,502,6382,440,1352,386,884440,434410,871396,891-
投資有価証券-------------
繰延税金資産-----125,109---134,696132,468128,324-
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3,316,5503,513,7203,377,9803,332,0403,541,4503,651,9933,694,2703,604,2143,545,7543,627,3973,439,1673,437,055-
総資産4,915,5305,221,4804,940,0604,996,0605,347,0705,461,4005,465,8965,467,2635,267,8575,553,0715,201,9805,347,173-
 
負債
有利子負債合計543,315755,804683,765648,534876,588977,7801,063,8671,049,3181,061,627974,5021,073,5611,081,522-
仕入債務331,358218,378354,266334,834393,905380,516371,583348,015348,239408,597351,398357,731-
前受金-------------
未払法人税等-----72,449---69,54358,56653,800-
繰延税金負債(固定)-----88,497---80,43072,60072,572-
負債2,187,4702,379,4602,235,9902,244,6202,621,8002,760,9552,793,3312,741,2482,635,3952,809,4592,700,1352,723,157-
 
純資産
資本金100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000-
資本剰余金-----736,400---736,400736,400736,400-
利益剰余金2,456,7102,536,2602,515,3002,625,1102,607,6602,660,3812,646,8622,752,7592,705,8482,750,5062,700,8702,786,723-
自己株式-443,754-443,636-443,540-442,996-442,954-442,829-492,627-492,569-492,487-492,469-492,101-491,513-
非支配株主持分73,64080,34079,09070,54270,94369,85182,20180,55780,28380,91679,13979,310-
純資産2,728,0602,842,0302,704,0602,751,4402,725,2702,700,4452,672,5652,726,0152,632,4612,743,6112,501,8442,624,016-
キャッシュフロー(百万円)
C/S
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
営業CF
税金等調整前当期純利益-----531,486172,727290,618-465,232115,102225,961-
減価償却費106,192145,40738,45176,396116,291158,67145,82491,252135,871183,85246,47090,901-
のれん償却額---------2,443,029---
減損損失-------------
受取利息及び受取配当金------5,751-2,209-3,906--7,944-1,599-3,736-
売上債権の増減額------30,81825,271-17,648-10,67311,589-23,589-
棚卸資産の増減額------53,058-7,1831,802--32,81733,6093,332-
仕入債務の増減額------4,618-8,019-25,455-28,294-41,529-33,172-
営業CF334,452419,21280,201229,158427,618461,389121,168221,938257,770540,410-1,943126,634-
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-96,143-140,138-31,949-69,452-106,670-158,810-31,560-60,298-91,648-133,370-29,291-49,304-
固定資産の売却000000000000-
貸付け-------------
貸付金の回収-------------
投資CF-171,256-352,632-21,256-60,815-233,925-383,307-39,427-82,263-124,786-123,571-7,518-27,883-
財務CF
短期借入金の純増減額-------------
長期借入れ-----59,135----98,88898,888-
長期借入金の返済------2,710-280-521--11,568-239-422-
社債の発行-----341,516---59,435---
社債の償還------54,086-------
自己株式の取得-------50,000-50,000--50,00100-
自己株式の売却-------------
配当金の支払------259,671-132,416-134,320--270,871-134,781-136,537-
財務CF-242,588-77,032-152,313-208,915-176,789-62,360-101,415-104,044-223,407-333,832-31,099-24,978-
換算差額------19,145-925-8,535--7,913-15,538-23,191-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額96,143140,13831,94969,452106,670159,80831,56060,29891,648131,400---
研究開発費43,90060,60014,61931,60047,42965,40016,30032,40048,50064,100---
発行済株式総数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1,774,242,751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.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
従業員数-57,963人---63,968人---61,975人---
売上/従業員(千円)-36,914---34,642---35,105---
営利/従業員(千円)-9,680---8,832---8,106---
四半期売上(百万円)
売上5y CAGR・予想:-1.6 %
四半期利益(百万円)
営利5y CAGR・予想:-8.2 %
純利5y CAGR・予想:-9.3 %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上547,570546,753515,050560,221600,549540,142505,422553,127575,199541,878519,620510,5982,010,000
前期比101.1%104.2%101.8%103.9%109.7%98.8%98.1%98.7%95.8%100.3%102.8%92.3%92.4%
売上原価208,823224,224216,783226,728241,617247,906212,555235,865241,348252,531221,131215,320-
売上総利益342,369335,070316,418337,064364,158265,288292,867317,262333,850289,347298,489295,278-
%62.5%61.3%61.4%60.2%60.6%49.1%57.9%57.4%58.0%53.4%57.4%57.8%-
販管費185,983243,642169,643181,509189,391229,864174,224193,679211,544252,260173,187174,209-
営業利益156,38391,433146,775155,555174,76387,891182,593128,733129,27161,758128,953123,036422,000
前期比104.6%92.6%98.5%94.7%111.8%96.1%124.4%82.8%74.0%70.3%70.6%95.6%84.0%
%28.6%16.7%28.5%27.8%29.1%16.3%36.1%23.3%22.5%11.4%24.8%24.1%21.0%
受取利息および受取配当金00-000-000-0-
持分法による投資利益00-003,9317441,862-2,6065,011620993-
営業外収益7361,1231,7641,2121,0871,6912,2831,8261,820-5,929-0-
支払利息00-000-000-0-
持分法による投資損失00-000-000-0-
営業外費用6,0967,9598,6486,29116,8167,49712,14812,66910,145-34,962-0-
経常利益151,02284,597139,891150,476159,03582,084172,727117,891120,94653,668115,102110,859-
固定資産売却益00-000-000-0-
投資有価証券売却益00-000-000-0-
特別利益00-000-000-0-
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00-000-000-0-
特別損失00-000-000-0-
税引前利益151,02284,597139,891150,476159,03582,084172,727117,891120,94653,668115,102110,859-
法人税等42,07824,11435,39737,41041,71629,53239,04313,15130,59820,81728,22124,386-
%27.9%28.5%25.3%24.9%26.2%36.0%22.6%11.2%25.3%38.8%24.5%22.0%-
当期純利益108,94460,483104,494113,066117,31852,553133,685104,73990,34732,85186,88286,472-
非支配株主に帰属する当期純利益00-001,75512,845-873-11,97213,432508351-
親会社株主に帰属する当期純利益108,06358,711104,011112,082116,59352,991120,840105,61189,69732,04286,37386,122286,000
前期比105.0%81.9%98.6%93.3%107.9%90.3%116.2%94.2%76.9%60.5%71.5%81.5%82.1%
%19.7%10.7%20.2%20.0%19.4%9.8%23.9%19.1%15.6%5.9%16.6%16.9%14.2%
 
EBITDA575,860706,508185,226378,726593,384723,655228,417402,578576,4683,129,236175,423342,890-
EPS219.1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196.2円171.9円
BPS1,482.1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1,434.2円-
期初会社予想
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上高(期初予)2,110,0002,110,0002,220,0002,220,0002,220,0002,220,0002,200,0002,200,0002,200,0002,200,0002,180,0002,180,0002,010,000
対実績比75.5%101.4%23.2%48.4%75.5%99.8%23.0%48.1%74.3%98.9%23.8%47.3%-
営業利益(期初予)560,000560,000561,000561,000561,000561,000540,000540,000540,000540,000471,000471,000422,000
対実績比83.9%100.2%26.2%53.9%85.0%100.7%33.8%57.7%81.6%93.0%27.4%53.5%-
純利益(期初予)402,000402,000394,000394,000394,000394,000370,000370,000370,000370,000305,000305,000286,000
対実績比83.0%97.6%26.4%54.8%84.4%97.9%32.7%61.2%85.4%94.1%28.3%56.6%-
配当
ROEデュポン分解
β
マルチプル
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
株価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2,002円-
企業価値6,977,3786,829,4106,031,2586,044,5525,724,3095,280,4145,613,1745,022,9975,076,7525,194,7104,313,3514,224,929-
時価総額6,605,1626,503,0755,491,3395,543,4195,313,1284,687,1064,917,4574,220,5934,196,8004,314,7583,540,8493,551,147-
純有利子負債326,335539,919501,133411,181593,308695,717802,404740,159879,952617,344772,502673,782-
PER(会予)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11.6倍-
PBR2.5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1.4倍-
PER × PBR41.7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16.2倍-
EV/EBITDA(会予)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1.4倍-
PSR(会予)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1.6倍-
PCFR(会予)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1.2倍-
配当金-140.0円---150.0円---154.0円--154.0円
配当利回り3.5%3.6%4.6%4.5%4.7%5.4%5.5%6.3%6.3%6.2%7.7%7.7%-
配当性向-63.9%---69.7%---78.5%---
自己資本配当率9.4%9.1%10.2%10.0%10.1%10.2%10.5%10.3%10.7%10.3%11.3%10.7%-
ROE14.8%14.2%14.7%14.4%14.5%14.7%13.4%13.2%13.6%13.1%14.4%13.7%-
純利益率(再掲)20.9%18.3%20.2%20.1%19.9%17.4%23.9%21.4%19.4%16.0%16.6%16.7%-
総資産回転率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0.4回-
財務レバレッジ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2.1倍2.1倍-
実質ROE12.7%12.2%12.6%12.3%12.5%12.5%11.3%11.1%11.4%11.0%11.9%11.5%-
ROIC13.1%11.9%12.7%12.6%11.9%11.7%10.9%10.8%11.0%11.0%11.4%11.0%-
ROA8.0%7.5%7.8%7.7%7.2%7.1%6.4%6.4%6.6%6.3%6.7%6.5%-
β0.910.900.940.710.700.720.720.670.700.680.610.57-
βの決定係数(R2)0.300.290.330.210.200.250.240.220.240.250.250.26-
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.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
流動資産
現金216,980215,885182,632237,353283,280282,063261,463309,159181,675357,158301,059407,740-
売上債権413,625439,562410,613422,945492,914456,591430,556464,430470,876458,513407,044445,351-
棚卸資産564,404612,954598,729612,346632,924649,238655,575636,739642,346677,586622,118653,712-
有価証券-----35,633---21,94340,84728,170-
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産1,598,9801,707,7701,562,0801,664,0201,805,6201,809,4061,771,6261,863,0491,722,1021,925,6731,762,8121,910,118-
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707,175745,607729,558728,439734,875758,841801,296793,071790,962803,239782,179780,725-
のれん1,719,0231,891,2101,816,8781,786,7471,935,8052,511,4922,010,9991,974,3051,943,1302,443,0291,887,6661,907,226-
無形固定資産2,168,6732,370,3852,265,5882,220,6642,419,234503,0762,502,6382,440,1352,386,884440,434410,871396,891-
投資有価証券-------------
繰延税金資産-----125,109---134,696132,468128,324-
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3,316,5503,513,7203,377,9803,332,0403,541,4503,651,9933,694,2703,604,2143,545,7543,627,3973,439,1673,437,055-
総資産4,915,5305,221,4804,940,0604,996,0605,347,0705,461,4005,465,8965,467,2635,267,8575,553,0715,201,9805,347,173-
 
負債
有利子負債合計543,315755,804683,765648,534876,588977,7801,063,8671,049,3181,061,627974,5021,073,5611,081,522-
仕入債務331,358218,378354,266334,834393,905380,516371,583348,015348,239408,597351,398357,731-
前受金-------------
未払法人税等-----72,449---69,54358,56653,800-
繰延税金負債(固定)-----88,497---80,43072,60072,572-
負債2,187,4702,379,4602,235,9902,244,6202,621,8002,760,9552,793,3312,741,2482,635,3952,809,4592,700,1352,723,157-
 
純資産
資本金100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000-
資本剰余金-----736,400---736,400736,400736,400-
利益剰余金2,456,7102,536,2602,515,3002,625,1102,607,6602,660,3812,646,8622,752,7592,705,8482,750,5062,700,8702,786,723-
自己株式-443,754-443,636-443,540-442,996-442,954-442,829-492,627-492,569-492,487-492,469-492,101-491,513-
非支配株主持分73,64080,34079,09070,54270,94369,85182,20180,55780,28380,91679,13979,310-
純資産2,728,0602,842,0302,704,0602,751,4402,725,2702,700,4452,672,5652,726,0152,632,4612,743,6112,501,8442,624,016-
キャッシュフロー(百万円)
C/S
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
営業CF
税金等調整前当期純利益-----531,486172,727290,618-465,232115,102225,961-
減価償却費106,192145,40738,45176,396116,291158,67145,82491,252135,871183,85246,47090,901-
のれん償却額---------2,443,029---
減損損失00-000-000-0-
受取利息及び受取配当金------5,751-2,209-3,906--7,944-1,599-3,736-
売上債権の増減額------30,81825,271-17,648-10,67311,589-23,589-
棚卸資産の増減額------53,058-7,1831,802--32,81733,6093,332-
仕入債務の増減額------4,618-8,019-25,455-28,294-41,529-33,172-
営業CF334,452419,21280,201229,158427,618461,389121,168221,938257,770540,410-1,943126,634-
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-96,143-140,138-31,949-69,452-106,670-158,810-31,560-60,298-91,648-133,370-29,291-49,304-
固定資産の売却000000000000-
貸付け-------------
貸付金の回収-------------
投資CF-171,256-352,632-21,256-60,815-233,925-383,307-39,427-82,263-124,786-123,571-7,518-27,883-
財務CF
短期借入金の純増減額-------------
長期借入れ-----59,135----98,88898,888-
長期借入金の返済------2,710-280-521--11,568-239-422-
社債の発行-----341,516---59,435---
社債の償還------54,086-------
自己株式の取得-------50,000-50,000--50,00100-
自己株式の売却-------------
配当金の支払------259,671-132,416-134,320--270,871-134,781-136,537-
財務CF-242,588-77,032-152,313-208,915-176,789-62,360-101,415-104,044-223,407-333,832-31,099-24,978-
換算差額------19,145-925-8,535--7,913-15,538-23,191-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額96,143140,13831,94969,452106,670159,80831,56060,29891,648131,400---
研究開発費43,90060,60014,61931,60047,42965,40016,30032,40048,50064,100---
発行済株式総数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1,774,242,751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.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
従業員数-57,963人---63,968人---61,975人---
売上/従業員(千円)-36,914---34,642---35,105---
営利/従業員(千円)-9,680---8,832---8,106---