通期売上(百万円)
売上5y CAGR・実績:20.4 %
通期利益(百万円)
営利5y CAGR・予想:17.0 %
純利5y CAGR・予想:15.5 %
P/L
2017.122018.122019.122020.12E
売上289,618287,513357,272-
前期比134.2%99.3%124.3%-
売上原価204,970189,118237,882-
売上総利益84,64798,395119,390-
%29.2%34.2%33.4%-
販管費20,39822,83031,037-
営業利益64,24975,56488,353100,000
前期比120.4%117.6%116.9%113.2%
%22.2%26.3%24.7%-
受取利息および受取配当金1,7701,9942,317-
持分法による投資利益289639--
営業外収益2,4113,2583,536-
支払利息4,4685,6296,615-
持分法による投資損失--22-
営業外費用4,7906,2927,245-
経常利益61,87072,53084,64592,000
固定資産売却益21120--
投資有価証券売却益0421,486-
特別利益2413523,894-
固定資産売却損110-
投資有価証券売却損----
減損損失11---
特別損失9638654,241-
税引前利益61,14872,01884,298-
法人税等18,44622,22225,288-
%30.2%30.9%30.0%-
当期純利益42,70149,79559,010-
非支配株主に帰属する当期純利益299279204-
親会社株主に帰属する当期純利益42,40249,51558,80562,000
前期比121.5%116.8%118.8%105.4%
%14.6%17.2%16.5%-
 
EBITDA75,98587,506102,525-
EPS64.4円75.2円88.0円85.3円
BPS570.0円608.5円687.0円-
期初会社予想
2017.122018.122019.122020.12E
売上高(期初予)----
対実績比----
営業利益(期初予)60,00072,00085,000100,000
対実績比107.1%105.0%103.9%-
純利益(期初予)38,00046,50054,50062,000
対実績比111.6%106.5%107.9%-
配当
ROEデュポン分解
β
マルチプル
2017.122018.122019.122020.12E
株価1,266円985円1,316円-
企業価値1,705,6861,567,8272,017,570-
時価総額833,758648,698879,413-
純有利子負債798,479942,7561,097,350-
PER(会予)20.8倍13.5倍15.4倍-
PBR2.3倍1.7倍2.0倍-
PER × PBR48.8倍22.5倍31.4倍-
EV/EBITDA(会予)23.1倍18.3倍20.4倍-
PSR(会予)3.0倍2.2倍2.5倍-
PCFR(会予)16.3倍10.9倍12.8倍-
配当金21.0円25.5円31.5円30.5円
配当利回り1.3%2.1%1.9%-
配当性向32.6%33.9%35.8%-
自己資本配当率3.7%4.2%4.6%-
ROE11.3%12.4%12.8%-
純利益率(再掲)14.6%17.2%16.5%-
総資産回転率0.2回0.2回0.2回-
財務レバレッジ3.6倍3.8倍3.9倍-
実質ROE11.3%12.3%12.7%-
ROIC3.8%3.9%3.9%-
ROA3.1%3.2%3.3%-
β1.440.720.66-
βの決定係数(R2)0.270.220.25-
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28,21732,38748,727-
売上債権5,2444,3903,747-
棚卸資産126,495148,609117,009-
有価証券----
前払金----
繰延税金資産1,139614--
貸倒引当金-1-2-5-
流動資産164,913187,404183,941-
固定資産
建物・構築物280,085305,060327,392-
機械・運搬具4,1324,5384,654-
土地792,489934,3601,082,445-
建設仮勘定9,0103,58814,303-
有形固定資産1,005,1641,163,3461,344,547-
のれん4,0554,0263,336-
無形固定資産26,61925,95988,492-
投資有価証券136,047124,694133,009-
繰延税金資産8181,121941-
貸倒引当金000-
敷金および保証金----
投資その他の資産155,373148,808158,657-
固定資産1,187,1571,338,1141,591,697-
総資産1,352,1371,525,9791,776,272-
 
負債
有利子負債合計826,696975,1431,146,077-
仕入債務000-
前受金5,6555,7157,184-
未払法人税等15,66716,72618,151-
繰延税金負債(固定)45,46436,59237,656-
負債973,2811,121,8441,314,415-
 
純資産
資本金62,71862,71862,718-
資本剰余金78,78378,78388,957-
利益剰余金193,697227,660267,934-
自己株式-1,126-1,127-2,310-
非支配株主持分3,4503,3972,762-
純資産378,855404,135461,856-
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61,14872,01884,298-
減価償却費11,73611,94214,172-
のれん償却額----
減損損失11---
受取利息及び受取配当金-1,771-1,994-2,317-
売上債権の増減額-9461,264-132-
棚卸資産の増減額-20,33462,399152,290-
仕入債務の増減額----
営業CF45,724130,973231,180-
投資CF
有価証券の取得-4,104-3,549-7,776-
有価証券の売却・償還147124-
固定資産の購入-197,131-254,150-354,267-
固定資産の売却11,458240-
貸付け----
貸付金の回収----
投資CF-189,088-258,127-358,334-
財務CF
短期借入金の純増減額2,065-30,066162-
長期借入れ232,800195,000140,000-
長期借入金の返済-85,544-70,000-35,311-
社債の発行-69,45754,726-
社債の償還--15,000-8,049-
自己株式の取得00-1,182-
自己株式の売却--0-
配当金の支払-11,911-15,552-18,531-
財務CF148,483131,010141,523-
換算差額----
その他
2017.122018.122019.122020.12E
設備投資額198,260256,037381,623-
研究開発費----
発行済株式総数658,576,858株658,576,175株668,243,316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862人936人1,878人-
売上/従業員(千円)335,984307,172190,241-
営利/従業員(千円)74,53580,73147,046-
四半期売上(百万円)
売上5y CAGR・実績:20.4 %
四半期利益(百万円)
営利5y CAGR・予想:17.0 %
純利5y CAGR・予想:15.5 %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上126,848289,61850,176114,564170,135287,51340,858171,199215,714357,27278,024160,265-
前期比87.3%134.2%125.2%118.1%134.1%99.3%81.4%149.4%126.8%124.3%191.0%93.6%-
売上原価71,133204,97031,77469,732104,827189,11824,748120,143141,604237,88246,24393,058-
売上総利益55,71584,64718,40244,83165,30898,39516,10951,05674,110119,39031,78167,206-
%43.9%29.2%36.7%39.1%38.4%34.2%39.4%29.8%34.4%33.4%40.7%41.9%-
販管費13,32020,3984,6589,28714,21922,8306,00412,09218,32431,03710,74420,299-
営業利益42,39464,24913,74335,54351,08975,56410,10438,96455,78588,35321,03646,907100,000
前期比106.5%120.4%122.2%110.6%120.5%117.6%73.5%109.6%109.2%116.9%208.2%120.4%113.2%
%33.4%22.2%27.4%31.0%30.0%26.3%24.7%22.8%25.9%24.7%27.0%29.3%-
受取利息および受取配当金1,0821,7702191,0711,1911,9942171,2751,4032,3172341,437-
持分法による投資利益199289264328457639----127375-
営業外収益1,5462,4115881,8002,1703,2583971,5551,8143,5367312,354-
支払利息3,2884,4681,2332,6164,0905,6291,5403,1464,8466,6151,7423,516-
持分法による投資損失------25730917222---
営業外費用3,5214,7901,4332,9764,5976,2921,9413,7395,4757,2451,9524,003-
経常利益40,41961,87012,89834,36748,66272,5308,56036,78052,12484,64519,81645,25792,000
固定資産売却益65211-202020-----531-
投資有価証券売却益-0--42421,4351,4351,4851,48644-
特別利益71241972023053521,4371,4593,8693,8944537-
固定資産売却損111111--00---
投資有価証券売却損-------------
減損損失-11-----------
特別損失843963286375718865451892,6184,2413761,856-
税引前利益39,64761,14812,70934,19448,24972,0189,95338,05153,37584,29819,44443,938-
法人税等12,13418,4463,84510,43414,61122,2223,27811,84616,38925,2886,20716,311-
%30.6%30.2%30.3%30.5%30.3%30.9%32.9%31.1%30.7%30.0%31.9%37.1%-
当期純利益27,51242,7018,86423,75933,63849,7956,67426,20436,98659,01013,23627,626-
非支配株主に帰属する当期純利益2442997511722127932861492044679-
親会社株主に帰属する当期純利益27,26842,4028,78923,64133,41749,5156,64226,11836,83658,80513,19027,54762,000
前期比104.4%121.5%128.8%113.5%122.6%116.8%75.6%110.5%110.2%118.8%198.6%105.5%105.4%
%21.5%14.6%17.5%20.6%19.6%17.2%16.3%15.3%17.1%16.5%16.9%17.2%-
 
EBITDA42,39475,98513,74341,42951,08987,50610,10445,70455,785102,52521,03654,664-
EPS64.4円64.4円75.2円75.2円75.2円75.2円89.5円89.5円88.0円88.0円88.1円88.0円92.8円
BPS540.8円570.0円565.2円594.1円591.8円608.5円606.6円633.8円646.1円687.0円660.5円687.2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)-------------
対実績比-------------
営業利益(期初予)60,00060,00072,00072,00072,00072,00085,00085,00085,00085,000100,000100,000100,000
対実績比70.7%107.1%19.1%49.4%71.0%105.0%11.9%45.8%65.6%103.9%21.0%46.9%-
純利益(期初予)38,00038,00046,50046,50046,50046,50054,50054,50054,50054,50062,00062,00062,000
対実績比71.8%111.6%18.9%50.8%71.9%106.5%12.2%47.9%67.6%107.9%21.3%44.4%-
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1,103円1,266円1,161円1,183円1,115円985円1,086円866円1,105円1,316円1,098円1,012円-
企業価値1,528,6191,705,6861,563,0871,614,7911,613,3351,567,8271,657,9701,558,5801,876,5702,017,5701,934,2511,864,650-
時価総額726,411833,758764,608779,096734,313648,698715,214569,312738,413879,413733,291675,982-
純有利子負債871,928798,479835,695879,022919,129942,756989,2681,094,6551,138,1571,097,3501,200,9601,188,668-
PER(会予)19.1倍20.8倍16.4倍16.8倍15.8倍13.5倍13.1倍10.4倍13.5倍15.4倍11.8倍10.9倍-
PBR2.0倍2.3倍2.0倍2.1倍1.9倍1.7倍1.8倍1.4倍1.7倍2.0倍1.7倍1.5倍-
PER × PBR39.1倍48.8倍33.5倍35.1倍29.6倍22.5倍23.4倍14.9倍23.2倍31.4倍19.7倍16.1倍-
EV/EBITDA(会予)21.4倍23.1倍18.7倍19.3倍19.3倍18.3倍17.1倍16.1倍19.4倍20.4倍16.9倍16.3倍-
PSR(会予)-3.0倍---2.2倍---2.5倍---
PCFR(会予)14.7倍16.3倍13.1倍13.4倍12.6倍10.9倍10.8倍8.6倍11.1倍12.8倍9.6倍8.9倍-
配当金-21.0円---25.5円---31.5円--34.5円
配当利回り1.5%1.3%1.8%1.8%1.9%2.1%2.3%2.9%2.3%1.9%2.9%3.1%-
配当性向-32.6%---33.9%---35.8%---
自己資本配当率3.9%3.7%4.5%4.3%4.3%4.2%5.2%5.0%4.9%4.6%4.8%4.6%-
ROE11.9%11.3%13.3%12.7%12.7%12.4%14.7%14.1%13.6%12.8%13.3%12.8%-
純利益率(再掲)21.5%14.6%17.5%20.6%19.6%17.2%16.3%15.3%17.1%16.5%16.9%17.2%-
総資産回転率0.2回0.2回0.2回0.2回0.2回0.2回0.2回0.2回0.2回0.2回0.2回0.2回-
財務レバレッジ4.0倍3.6倍3.8倍3.7倍3.8倍3.8倍4.2倍4.1倍4.2倍3.9倍4.2倍4.3倍-
実質ROE11.9%11.3%13.3%12.6%12.7%12.3%14.7%14.0%13.5%12.7%13.2%12.7%-
ROIC3.6%3.8%4.2%4.1%3.9%3.9%4.2%4.0%3.9%3.9%3.7%3.5%-
ROA3.0%3.1%3.5%3.4%3.3%3.2%3.6%3.4%3.3%3.3%3.2%3.0%-
β1.311.441.470.790.760.720.670.670.670.660.660.61-
βの決定係数(R2)0.200.270.290.190.190.220.240.250.250.250.290.29-
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35,52228,21760,75734,57042,21332,387129,68548,50763,21248,72769,732149,466-
売上債権5,5315,2445,8474,2034,7854,3902,5312,3273,6023,7474,9523,540-
棚卸資産189,570126,495134,283168,313207,666148,609154,86491,306144,448117,009155,750138,530-
有価証券-------------
前払金-------------
繰延税金資産8221,139146981197614-------
貸倒引当金-1-1-2-3-4-2-2-1-4-5-12-6-
流動資産240,284164,913205,928211,866259,687187,404291,058146,839220,347183,941241,442304,997-
固定資産
建物・構築物204,478280,085197,552194,471193,930305,060217,285242,671240,823327,392247,112256,283-
機械・運搬具2,7804,1322,6772,6022,7704,5382,9012,9973,0774,6542,8502,930-
土地783,160792,489813,895846,243847,488934,360960,1651,071,9171,064,9561,082,4451,125,9651,140,877-
建設仮勘定6,4109,0109,26712,99111,8903,5884,5377,1479,90714,30316,39815,861-
有形固定資産997,7701,005,1641,024,4191,057,3111,057,3271,163,3461,186,8181,326,9711,325,6221,344,5471,398,9141,422,753-
のれん4,1404,0553,9773,9004,7334,0264,0313,9614,2723,3363,2743,176-
無形固定資産26,68326,61924,55224,46126,68225,95925,86684,18488,81588,49287,17486,724-
投資有価証券126,845136,047130,431136,810128,952124,694127,631129,420131,494133,009111,886118,734-
繰延税金資産7908188198039181,121861824961941---
貸倒引当金000000000000-
敷金および保証金-------------
投資その他の資産145,307155,373151,618158,581150,790148,808150,849152,567156,423158,657138,251144,934-
固定資産1,169,7611,187,1571,200,5901,240,3551,234,8001,338,1141,363,5341,563,7241,570,8611,591,6971,624,3411,654,412-
総資産1,410,1641,352,1371,406,9521,452,6191,494,8621,525,9791,655,0281,711,2451,791,8681,776,2721,866,3831,959,973-
 
負債
有利子負債合計907,450826,696896,452913,592961,342975,1431,118,9531,143,1621,201,3691,146,0771,270,6921,338,134-
仕入債務000000000000-
前受金6,9465,6555,7935,9166,2695,7155,7826,8927,3757,1847,1207,249-
未払法人税等8,65915,6673,33710,6855,68116,7262,62113,2444,79118,1515,75414,301-
繰延税金負債(固定)43,92045,46443,19545,44539,20136,59238,11335,60540,00837,656---
負債1,049,583973,2811,031,1491,057,8461,100,9851,121,8441,253,4771,291,8081,357,2821,314,4151,422,5791,498,265-
 
純資産
資本金62,71862,71862,71862,71862,71862,71862,71862,71862,71862,71862,71862,718-
資本剰余金78,78378,78378,78378,78378,78378,78378,78478,78488,95788,95788,89788,867-
利益剰余金178,563193,697194,545209,397211,561227,660225,036244,512245,965267,934269,353283,710-
自己株式-1,126-1,126-1,127-1,127-1,127-1,127-2,302-2,302-2,305-2,310-2,734-2,606-
非支配株主持分4,4153,4503,5503,5334,1183,3972,7632,7932,8562,7622,7002,660-
純資産360,581378,855375,803394,772393,877404,135401,551419,437434,585461,856443,803461,707-
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39,64761,14812,70934,19448,24972,0189,95338,05153,37584,29819,44443,938-
減価償却費-11,736-5,886-11,942-6,740-14,172-7,757-
のれん償却額-------------
減損損失-11-----------
受取利息及び受取配当金--1,771--1,071--1,994--1,275--2,317--1,437-
売上債権の増減額--946-1,040-1,264-298--132-201-
棚卸資産の増減額--20,334--15,840-62,399-91,151-152,290-36,258-
仕入債務の増減額-------------
営業CF-45,724-10,120-130,973-126,494-231,180-67,683-
投資CF
有価証券の取得0-4,1040-3000-3,5490-4,6760-7,7760-7,008-
有価証券の売却・償還0100047000124041-
固定資産の購入0-197,1310-82,0150-254,1500-263,4990-354,2670-139,416-
固定資産の売却011,458024024000001-
貸付け-------------
貸付金の回収-------------
投資CF--189,088--82,351--258,127--267,446--358,334--146,317-
財務CF
短期借入金の純増減額-2,065--30,066--30,066-300-162-12,000-
長期借入れ-232,800-112,000-195,000-85,000-140,000-69,700-
長期借入金の返済--85,544--27,038--70,000--15,281--35,311--14,521-
社債の発行---49,566-69,457-54,726-54,726---
社債の償還----15,000--15,000--8,000--8,049--5,016-
自己株式の取得-0-0-0--1,175--1,182--424-
自己株式の売却-------0-0-0-
配当金の支払--11,911--7,941--15,552--9,265--18,531--11,771-
財務CF-148,483-78,489-131,010-157,266-141,523-179,372-
換算差額-------------
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額-198,260---256,0370263,4990381,6230139,416-
研究開発費-------------
発行済株式総数658,576,939株658,576,858株658,576,812株658,576,595株658,576,321株658,576,175株657,404,510株657,404,482株668,247,126株668,243,316株667,842,705株667,966,773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-862人---936人---1,878人---
売上/従業員(千円)-335,984---307,172---190,241---
営利/従業員(千円)-74,535---80,731---47,046---
四半期売上(百万円)
売上5y CAGR・実績:20.4 %
四半期利益(百万円)
営利5y CAGR・予想:17.0 %
純利5y CAGR・予想:15.5 %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上29,880162,77050,17664,38855,571117,37840,858130,34144,515141,55878,02482,241-
前期比61.9%230.8%125.2%113.2%186.0%72.1%81.4%202.4%80.1%120.6%191.0%63.1%-
売上原価15,328133,83731,77437,95835,09584,29124,74895,39521,46196,27846,24346,815-
売上総利益14,55228,93218,40226,42920,47733,08716,10934,94723,05445,28031,78135,425-
%48.7%17.8%36.7%41.0%36.8%28.2%39.4%26.8%51.8%32.0%40.7%43.1%-
販管費4,2967,0784,6584,6294,9328,6116,0046,0886,23212,71310,7449,555-
営業利益10,25621,85513,74321,80015,54624,47510,10428,86016,82132,56821,03625,871100,000
前期比74.0%161.2%122.2%104.4%151.6%112.0%73.5%132.4%108.2%133.1%208.2%89.6%113.2%
%34.3%13.4%27.4%33.9%28.0%20.9%24.7%22.1%37.8%23.0%27.0%31.5%-
受取利息および受取配当金002190002170002340-
持分法による投資利益1999026464129182-000127248-
営業外収益4168655881,2123701,0883971,1582591,7227311,623-
支払利息1,1681,1801,2331,3831,4741,5391,5401,6061,7001,7691,7421,774-
持分法による投資損失-1010-00025752-137-150-0-
営業外費用1,1401,2691,4331,5431,6211,6951,9411,7981,7361,7701,9522,051-
経常利益9,53321,45112,89821,46914,29523,8688,56028,22015,34432,52119,81625,44192,000
固定資産売却益65146-2000-000-531-
投資有価証券売却益00-04201,435050140-
特別利益6617097105103471,437222,410254533-
固定資産売却損101000-000-0-
投資有価証券売却損00-000-000-0-
減損損失011-000-000-0-
特別損失15812028689343147451442,4291,6233761,480-
税引前利益9,44021,50112,70921,48514,05523,7699,95328,09815,32430,92319,44424,494-
法人税等2,9136,3123,8456,5894,1777,6113,2788,5684,5438,8996,20710,104-
%30.9%29.4%30.3%30.7%29.7%32.0%32.9%30.5%29.6%28.8%31.9%41.3%-
当期純利益6,52715,1898,86414,8959,87916,1576,67419,53010,78222,02413,23614,390-
非支配株主に帰属する当期純利益9455754210458325463554633-
親会社株主に帰属する当期純利益6,43315,1348,78914,8529,77616,0986,64219,47610,71821,96913,19014,35762,000
前期比76.2%172.6%128.8%106.0%152.0%106.4%75.6%131.1%109.6%136.5%198.6%73.7%105.4%
%21.5%9.3%17.5%23.1%17.6%13.7%16.3%14.9%24.1%15.5%16.9%17.5%-
 
EBITDA42,39475,98513,74341,42951,08987,50610,10445,70455,785102,52521,03654,664-
EPS64.4円64.4円75.2円75.2円75.2円75.2円89.5円89.5円88.0円88.0円88.1円88.0円92.8円
BPS540.8円570.0円565.2円594.1円591.8円608.5円606.6円633.8円646.1円687.0円660.5円687.2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)-------------
対実績比-------------
営業利益(期初予)60,00060,00072,00072,00072,00072,00085,00085,00085,00085,000100,000100,000100,000
対実績比70.7%107.1%19.1%49.4%71.0%105.0%11.9%45.8%65.6%103.9%21.0%46.9%-
純利益(期初予)38,00038,00046,50046,50046,50046,50054,50054,50054,50054,50062,00062,00062,000
対実績比71.8%111.6%18.9%50.8%71.9%106.5%12.2%47.9%67.6%107.9%21.3%44.4%-
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1,103円1,266円1,161円1,183円1,115円985円1,086円866円1,105円1,316円1,098円1,012円-
企業価値1,528,6191,705,6861,563,0871,614,7911,613,3351,567,8271,657,9701,558,5801,876,5702,017,5701,934,2511,864,650-
時価総額726,411833,758764,608779,096734,313648,698715,214569,312738,413879,413733,291675,982-
純有利子負債871,928798,479835,695879,022919,129942,756989,2681,094,6551,138,1571,097,3501,200,9601,188,668-
PER(会予)19.1倍20.8倍16.4倍16.8倍15.8倍13.5倍13.1倍10.4倍13.5倍15.4倍11.8倍10.9倍-
PBR2.0倍2.3倍2.0倍2.1倍1.9倍1.7倍1.8倍1.4倍1.7倍2.0倍1.7倍1.5倍-
PER × PBR39.1倍48.8倍33.5倍35.1倍29.6倍22.5倍23.4倍14.9倍23.2倍31.4倍19.7倍16.1倍-
EV/EBITDA(会予)21.4倍23.1倍18.7倍19.3倍19.3倍18.3倍17.1倍16.1倍19.4倍20.4倍16.9倍16.3倍-
PSR(会予)-3.0倍---2.2倍---2.5倍---
PCFR(会予)14.7倍16.3倍13.1倍13.4倍12.6倍10.9倍10.8倍8.6倍11.1倍12.8倍9.6倍8.9倍-
配当金-21.0円---25.5円---31.5円--34.5円
配当利回り1.5%1.3%1.8%1.8%1.9%2.1%2.3%2.9%2.3%1.9%2.9%3.1%-
配当性向-32.6%---33.9%---35.8%---
自己資本配当率3.9%3.7%4.5%4.3%4.3%4.2%5.2%5.0%4.9%4.6%4.8%4.6%-
ROE11.9%11.3%13.3%12.7%12.7%12.4%14.7%14.1%13.6%12.8%13.3%12.8%-
純利益率(再掲)21.5%14.6%17.5%20.6%19.6%17.2%16.3%15.3%17.1%16.5%16.9%17.2%-
総資産回転率0.2回0.2回0.2回0.2回0.2回0.2回0.2回0.2回0.2回0.2回0.2回0.2回-
財務レバレッジ4.0倍3.6倍3.8倍3.7倍3.8倍3.8倍4.2倍4.1倍4.2倍3.9倍4.2倍4.3倍-
実質ROE11.9%11.3%13.3%12.6%12.7%12.3%14.7%14.0%13.5%12.7%13.2%12.7%-
ROIC3.6%3.8%4.2%4.1%3.9%3.9%4.2%4.0%3.9%3.9%3.7%3.5%-
ROA3.0%3.1%3.5%3.4%3.3%3.2%3.6%3.4%3.3%3.3%3.2%3.0%-
β1.311.441.470.790.760.720.670.670.670.660.660.61-
βの決定係数(R2)0.200.270.290.190.190.220.240.250.250.250.290.29-
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35,52228,21760,75734,57042,21332,387129,68548,50763,21248,72769,732149,466-
売上債権5,5315,2445,8474,2034,7854,3902,5312,3273,6023,7474,9523,540-
棚卸資産189,570126,495134,283168,313207,666148,609154,86491,306144,448117,009155,750138,530-
有価証券-------------
前払金-------------
繰延税金資産8221,139146981197614-------
貸倒引当金-1-1-2-3-4-2-2-1-4-5-12-6-
流動資産240,284164,913205,928211,866259,687187,404291,058146,839220,347183,941241,442304,997-
固定資産
建物・構築物204,478280,085197,552194,471193,930305,060217,285242,671240,823327,392247,112256,283-
機械・運搬具2,7804,1322,6772,6022,7704,5382,9012,9973,0774,6542,8502,930-
土地783,160792,489813,895846,243847,488934,360960,1651,071,9171,064,9561,082,4451,125,9651,140,877-
建設仮勘定6,4109,0109,26712,99111,8903,5884,5377,1479,90714,30316,39815,861-
有形固定資産997,7701,005,1641,024,4191,057,3111,057,3271,163,3461,186,8181,326,9711,325,6221,344,5471,398,9141,422,753-
のれん4,1404,0553,9773,9004,7334,0264,0313,9614,2723,3363,2743,176-
無形固定資産26,68326,61924,55224,46126,68225,95925,86684,18488,81588,49287,17486,724-
投資有価証券126,845136,047130,431136,810128,952124,694127,631129,420131,494133,009111,886118,734-
繰延税金資産7908188198039181,121861824961941---
貸倒引当金000000000000-
敷金および保証金-------------
投資その他の資産145,307155,373151,618158,581150,790148,808150,849152,567156,423158,657138,251144,934-
固定資産1,169,7611,187,1571,200,5901,240,3551,234,8001,338,1141,363,5341,563,7241,570,8611,591,6971,624,3411,654,412-
総資産1,410,1641,352,1371,406,9521,452,6191,494,8621,525,9791,655,0281,711,2451,791,8681,776,2721,866,3831,959,973-
 
負債
有利子負債合計907,450826,696896,452913,592961,342975,1431,118,9531,143,1621,201,3691,146,0771,270,6921,338,134-
仕入債務000000000000-
前受金6,9465,6555,7935,9166,2695,7155,7826,8927,3757,1847,1207,249-
未払法人税等8,65915,6673,33710,6855,68116,7262,62113,2444,79118,1515,75414,301-
繰延税金負債(固定)43,92045,46443,19545,44539,20136,59238,11335,60540,00837,656---
負債1,049,583973,2811,031,1491,057,8461,100,9851,121,8441,253,4771,291,8081,357,2821,314,4151,422,5791,498,265-
 
純資産
資本金62,71862,71862,71862,71862,71862,71862,71862,71862,71862,71862,71862,718-
資本剰余金78,78378,78378,78378,78378,78378,78378,78478,78488,95788,95788,89788,867-
利益剰余金178,563193,697194,545209,397211,561227,660225,036244,512245,965267,934269,353283,710-
自己株式-1,126-1,126-1,127-1,127-1,127-1,127-2,302-2,302-2,305-2,310-2,734-2,606-
非支配株主持分4,4153,4503,5503,5334,1183,3972,7632,7932,8562,7622,7002,660-
純資産360,581378,855375,803394,772393,877404,135401,551419,437434,585461,856443,803461,707-
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39,64761,14812,70934,19448,24972,0189,95338,05153,37584,29819,44443,938-
減価償却費-11,736-5,886-11,942-6,740-14,172-7,757-
のれん償却額-------------
減損損失011-000-000-0-
受取利息及び受取配当金--1,771--1,071--1,994--1,275--2,317--1,437-
売上債権の増減額--946-1,040-1,264-298--132-201-
棚卸資産の増減額--20,334--15,840-62,399-91,151-152,290-36,258-
仕入債務の増減額-------------
営業CF-45,724-10,120-130,973-126,494-231,180-67,683-
投資CF
有価証券の取得0-4,1040-3000-3,5490-4,6760-7,7760-7,008-
有価証券の売却・償還0100047000124041-
固定資産の購入0-197,1310-82,0150-254,1500-263,4990-354,2670-139,416-
固定資産の売却011,458024024000001-
貸付け-------------
貸付金の回収-------------
投資CF--189,088--82,351--258,127--267,446--358,334--146,317-
財務CF
短期借入金の純増減額-2,065--30,066--30,066-300-162-12,000-
長期借入れ-232,800-112,000-195,000-85,000-140,000-69,700-
長期借入金の返済--85,544--27,038--70,000--15,281--35,311--14,521-
社債の発行---49,566-69,457-54,726-54,726---
社債の償還----15,000--15,000--8,000--8,049--5,016-
自己株式の取得-0-0-0--1,175--1,182--424-
自己株式の売却-------0-0-0-
配当金の支払--11,911--7,941--15,552--9,265--18,531--11,771-
財務CF-148,483-78,489-131,010-157,266-141,523-179,372-
換算差額-------------
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額-198,260---256,0370263,4990381,6230139,416-
研究開発費-------------
発行済株式総数658,576,939株658,576,858株658,576,812株658,576,595株658,576,321株658,576,175株657,404,510株657,404,482株668,247,126株668,243,316株667,842,705株667,966,773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-862人---936人---1,878人---
売上/従業員(千円)-335,984---307,172---190,241---
営利/従業員(千円)-74,535---80,731---47,046---