通期売上(百万円)
売上5y CAGR・予想:2.8 %
通期利益(百万円)
営利5y CAGR・予想:13.0 %
純利5y CAGR・予想:16.0 %
P/L
2018.32019.32020.32021.3E
売上405,648420,769443,717440,000
前期比103.1%103.7%105.5%99.2%
売上原価321,286325,985337,820-
売上総利益84,36294,784105,896-
%20.8%22.5%23.9%-
販管費51,61856,74061,057-
営業利益32,74338,04344,83944,000
前期比121.2%116.2%117.9%98.1%
%8.1%9.0%10.1%10.0%
受取利息および受取配当金1,0751,2391,144-
持分法による投資利益--50-
営業外収益1,8851,8521,982-
支払利息330327233-
持分法による投資損失805293--
営業外費用1,8341,293751-
経常利益32,79538,60346,07044,000
固定資産売却益5179133,178-
投資有価証券売却益88117,8296,927-
特別利益1,61319,05110,696-
固定資産売却損----
投資有価証券売却損----
減損損失1,8451,6547,343-
特別損失2,86418,87612,128-
税引前利益31,54538,77844,638-
法人税等10,20112,02914,270-
%32.6%32.3%32.0%-
当期純利益21,34326,74930,367-
非支配株主に帰属する当期純利益723715956-
親会社株主に帰属する当期純利益20,62026,03429,41129,500
前期比126.5%126.3%113.0%100.3%
%4.1%5.1%6.6%6.7%
 
EBITDA39,02645,48657,00054,161
EPS80.7円102.8円116.9円114.5円
BPS867.4円906.6円963.4円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)400,000414,000425,000440,000
対実績比101.4%101.6%104.4%-
営業利益(期初予)30,00035,00040,00044,000
対実績比109.1%108.7%112.1%-
純利益(期初予)18,00023,30027,10029,500
対実績比114.6%111.7%108.5%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価1,403円1,747円1,787円-
企業価値362,410423,392417,754-
時価総額358,590442,270449,449-
純有利子負債3,820-18,878-31,695-
PER(会予)19.9倍19.0倍15.6倍-
PBR1.7倍2.0倍1.9倍-
PER × PBR33.5倍38.3倍28.9倍-
EV/EBITDA(会予)8.6倍8.9倍7.7倍-
PSR(会予)0.9倍1.1倍1.0倍-
PCFR(会予)12.0倍12.3倍11.0倍-
配当金13.3円23.3円30.0円80.0円
配当利回り0.9%0.8%1.7%-
配当性向16.5%22.7%25.7%-
自己資本配当率4.6%7.7%9.3%-
ROE9.3%11.3%12.1%-
純利益率(再掲)5.1%6.2%6.6%-
総資産回転率1.1回1.1回1.2回-
財務レバレッジ1.6倍1.6倍1.6倍-
実質ROE9.0%10.8%11.4%-
ROIC8.8%10.1%11.5%-
ROA5.6%7.0%7.7%-
β0.680.850.79-
βの決定係数(R2)0.210.340.34-
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38,03257,59155,175-
売上債権72,50168,76797,386-
棚卸資産14,35013,5687,475-
有価証券100100100-
前払金----
繰延税金資産6,606---
貸倒引当金-360-377-462-
流動資産168,670176,231181,543-
固定資産
建物・構築物39,99038,00129,053-
機械・運搬具7,5478,1247,092-
土地19,37318,3999,690-
建設仮勘定----
有形固定資産75,68073,12354,041-
のれん707371244-
無形固定資産18,91520,51424,133-
投資有価証券78,76667,71979,111-
繰延税金資産4,90210,013--
貸倒引当金-271-96-342-
敷金および保証金----
投資その他の資産106,238100,788123,181-
固定資産200,833194,426201,356-
総資産369,504370,657382,899-
 
負債
有利子負債合計33,05229,99123,480-
仕入債務17,15117,91223,387-
前受金----
未払法人税等6,1399,2998,788-
繰延税金負債(固定)6,47358--
負債143,205136,248134,942-
 
純資産
資本金10,00110,00110,001-
資本剰余金83,38482,94582,950-
利益剰余金108,298130,703153,347-
自己株式-7,742-11,816-15,336-
非支配株主持分4,6644,7755,646-
純資産226,298234,408247,957-
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31,54538,77844,638-
減価償却費12,57212,78312,020-
のれん償却額171171141-
減損損失1,8451,6547,343-
受取利息及び受取配当金-1,076-1,240-1,145-
売上債権の増減額-1,6164,809-9,989-
棚卸資産の増減額-109-2271,879-
仕入債務の増減額-90032935-
営業CF36,38637,55838,569-
投資CF
有価証券の取得-1,953-8,429-28,987-
有価証券の売却・償還3,97921,3019,389-
固定資産の購入-16,464-14,817-16,090-
固定資産の売却3,2022,73914,863-
貸付け----
貸付金の回収----
投資CF-14,202-1,213-26,437-
財務CF
短期借入金の純増減額37-31-16-
長期借入れ14,11710,0493,500-
長期借入金の返済-16,559-15,173-7,185-
社債の発行----
社債の償還----
自己株式の取得-4,914-4,673-4,153-
自己株式の売却2,045599638-
配当金の支払-3,258-3,925-6,767-
財務CF-10,543-16,773-14,544-
換算差額51-4413-
その他
2018.32019.32020.32021.3E
設備投資額-13,33416,702-
研究開発費----
発行済株式総数255,528,192株253,291,890株251,510,346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19,877人19,483人19,744人-
売上/従業員(千円)19,82620,40822,474-
営利/従業員(千円)1,3621,6472,271-
四半期売上(百万円)
売上5y CAGR・予想:2.8 %
四半期利益(百万円)
営利5y CAGR・予想:13.0 %
純利5y CAGR・予想:16.0 %
P/L
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上91,778194,813289,021405,64896,467203,030302,961420,769100,990216,296319,009443,717440,000
前期比103.0%103.1%103.0%103.1%105.1%104.2%104.8%103.7%104.7%106.5%105.3%105.5%99.2%
売上原価74,241156,060230,770321,28677,136159,867236,676325,98578,530167,800244,518337,820-
売上総利益17,53638,75258,25184,36219,33143,16266,28494,78422,45948,49674,491105,896-
%19.1%19.9%20.2%20.8%20.0%21.3%21.9%22.5%22.2%22.4%23.4%23.9%-
販管費12,48225,16137,55451,61813,50927,61941,26156,74014,40029,39544,38861,057-
営業利益5,05313,59120,69632,7435,82215,54225,02238,0438,05919,10030,10344,83944,000
前期比125.8%144.2%129.9%121.2%115.2%114.4%120.9%116.2%138.4%122.9%120.3%117.9%98.1%
%5.5%7.0%7.2%8.1%6.0%7.7%8.3%9.0%8.0%8.8%9.4%10.1%10.0%
受取利息および受取配当金7537751,0431,0756817781,1151,2397957991,0491,144-
持分法による投資利益-----------50-
営業外収益8931,1861,6191,8858731,1551,5911,8529381,3911,9621,982-
支払利息941722533308516925432759123177233-
持分法による投資損失130541661805681751482938056141--
営業外費用3721,0181,3601,8342308601,0981,293228481672751-
経常利益5,57413,75920,95532,7956,46615,83725,51638,6038,77020,00931,39346,07044,000
固定資産売却益2153440517091391391322943,178-
投資有価証券売却益042428811013,14513,14517,829446,2206,4826,927-
特別利益31964901,6131014,35714,36019,051466,3717,23210,696-
固定資産売却損-------------
投資有価証券売却損-18------86----
減損損失-5125121,845-4234571,654-3,5943,6287,343-
特別損失96739642,86415213,01713,24718,8761386,0447,19612,128-
税引前利益5,56713,28320,48131,5456,32417,17726,62838,7788,67720,33631,42844,638-
法人税等1,7784,3976,56710,2011,8546,1429,10612,0292,3876,59410,30414,270-
%32.6%32.6%32.6%32.6%32.3%32.3%32.3%32.3%31.0%31.0%31.0%32.0%-
当期純利益3,7898,88613,91321,3434,46911,03417,52226,7496,29013,74221,12430,367-
非支配株主に帰属する当期純利益95283452723137342542715183476687956-
親会社株主に帰属する当期純利益3,6948,60213,46020,6204,33110,69216,97926,0346,10613,26620,43629,41129,500
前期比134.0%151.4%119.6%126.5%117.2%124.3%126.1%126.3%141.0%124.1%120.4%113.0%100.3%
%4.1%4.1%4.1%4.1%5.1%5.1%5.1%5.1%6.2%6.2%6.2%6.6%6.7%
 
EBITDA39,02639,02639,02639,02645,48645,48645,48645,48650,99750,99750,99757,00054,161
EPS80.4円80.7円80.7円80.7円102.6円102.9円102.8円102.8円116.7円117.0円117.0円116.9円114.5円
BPS763.5円800.1円835.0円867.4円884.3円892.5円865.0円906.6円919.3円924.4円968.9円963.4円-
期初会社予想
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上高(期初予)400,000400,000400,000400,000414,000414,000414,000414,000425,000425,000425,000425,000440,000
対実績比22.9%48.7%72.3%101.4%23.3%49.0%73.2%101.6%23.8%50.9%75.1%104.4%-
営業利益(期初予)30,00030,00030,00030,00035,00035,00035,00035,00040,00040,00040,00040,00044,000
対実績比16.8%45.3%69.0%109.1%16.6%44.4%71.5%108.7%20.1%47.8%75.3%112.1%-
純利益(期初予)18,00018,00018,00018,00023,30023,30023,30023,30027,10027,10027,10027,10029,500
対実績比20.5%47.8%74.8%114.6%18.6%45.9%72.9%111.7%22.5%49.0%75.4%108.5%-
配当
ROEデュポン分解
β
マルチプル
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
株価1,040円1,107円1,312円1,403円1,700円1,893円1,442円1,747円1,830円2,077円2,143円1,787円-
企業価値263,932281,035334,728362,410430,301471,499347,990423,392433,950489,442506,195417,754-
時価総額266,796283,899335,170358,590434,394480,480364,808442,270463,520521,871538,624449,449-
純有利子負債-2,864-2,864-4423,820-4,093-8,981-16,818-18,878-29,570-32,429-32,429-31,695-
PER(会予)14.8倍15.8倍18.6倍19.9倍18.6倍20.6倍15.7倍19.0倍17.1倍19.3倍18.7倍15.6倍-
PBR1.4倍1.4倍1.6倍1.7倍2.0倍2.1倍1.6倍2.0倍2.0倍2.2倍2.3倍1.9倍-
PER × PBR20.2倍22.9倍30.5倍33.5倍36.5倍44.1倍25.3倍38.3倍34.5倍43.3倍43.4倍28.9倍-
EV/EBITDA(会予)6.3倍6.7倍8.0倍8.6倍9.0倍9.9倍7.3倍8.9倍8.2倍9.2倍9.2倍7.7倍-
PSR(会予)0.7倍0.7倍0.8倍0.9倍1.0倍1.2倍0.9倍1.1倍1.1倍1.2倍1.2倍1.0倍-
PCFR(会予)8.9倍9.5倍11.2倍12.0倍12.1倍13.3倍10.1倍12.3倍11.6倍13.0倍12.9倍11.0倍-
配当金---13.3円---23.3円---30.0円80.0円
配当利回り1.2%1.1%0.9%0.9%0.8%0.7%0.9%0.8%1.3%1.1%1.1%1.7%-
配当性向---16.5%---22.7%---25.7%-
自己資本配当率5.2%5.0%4.8%4.6%7.9%7.8%8.1%7.7%9.8%9.7%9.3%9.3%-
ROE10.5%10.1%9.7%9.3%11.6%11.5%11.9%11.3%12.7%12.7%12.1%12.1%-
純利益率(再掲)4.0%4.4%4.7%5.1%4.5%5.3%5.6%6.2%6.0%6.1%6.4%6.6%-
総資産回転率1.2回1.2回1.2回1.1回1.1回1.1回1.2回1.1回1.2回1.2回1.2回1.2回-
財務レバレッジ1.7倍1.7倍1.7倍1.6倍1.7倍1.7倍1.7倍1.6倍1.6倍1.6倍1.6倍1.6倍-
実質ROE10.2%9.7%9.4%9.0%11.1%10.9%11.3%10.8%12.0%11.9%11.4%11.4%-
ROIC9.7%9.4%9.1%8.8%9.7%9.8%10.4%10.1%11.8%11.8%11.4%11.5%-
ROA6.3%6.0%6.0%5.6%7.0%6.8%7.6%7.0%8.1%8.0%8.0%7.7%-
β0.600.600.710.680.570.640.780.850.770.720.740.79-
βの決定係数(R2)0.150.150.190.210.140.200.310.340.290.260.280.34-
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.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
流動資産
現金38,91135,16629,23238,03252,07357,61848,86957,59155,93058,36557,13055,175-
売上債権64,89864,89877,65972,50194,43871,29275,38668,76788,12183,33983,33997,386-
棚卸資産11,65411,65410,88714,3509,22111,77010,36413,5689,3419,8999,8997,475-
有価証券100100100100100100100100198100200100-
前払金-------------
繰延税金資産6,0336,4253,7426,606---------
貸倒引当金-152-149-152-360-290-279-283-377-353-335-621-462-
流動資産141,803148,869139,523168,670159,782175,566152,502176,231161,549171,996167,849181,543-
固定資産
建物・構築物37,27737,54136,37439,99039,95638,79238,58838,00137,66735,61534,25829,053-
機械・運搬具6,7996,9877,7687,5477,5997,7607,9188,1248,2118,2647,1727,092-
土地21,43520,07819,67219,37319,37418,57518,55018,39918,39917,34217,0159,690-
建設仮勘定-------------
有形固定資産75,85176,23776,33675,68076,30073,80073,84973,12372,69769,52866,76754,041-
のれん763720688707660611582371341307274244-
無形固定資産18,89118,86919,30618,91519,36619,64220,35120,51422,37423,68324,75324,133-
投資有価証券65,64971,70778,64378,76685,34682,54866,47667,71972,14364,89075,86179,111-
繰延税金資産5,7855,6526,1924,9029,6059,2518,63410,013-----
貸倒引当金-237-245-270-271-269-107-105-96-97-97-764-342-
敷金および保証金-------------
投資その他の資産91,91497,717107,568106,238118,681114,28297,695100,788107,025103,373109,950123,181-
固定資産186,657192,824203,210200,833214,348207,725191,895194,426202,097196,585201,471201,356-
総資産328,461341,693342,734369,504374,130383,291344,397370,657363,647368,582369,320382,899-
 
負債
有利子負債合計36,04736,04734,72433,05233,93943,09240,80029,99128,02125,93625,93623,480-
仕入債務17,76617,76618,32917,15123,24618,41218,98517,91223,33820,95720,95723,387-
前受金-------------
未払法人税等9564,1048026,1391,1286,4972,1099,2991,3478,8471,9818,788-
繰延税金負債(固定)3,0425,0277,6816,4737,4594,8761,69458-----
負債128,437132,893124,968143,205145,109152,654120,542136,248127,196131,233120,680134,942-
 
純資産
資本金10,00110,00110,00110,00110,00110,00110,00110,00110,00110,00110,00110,001-
資本剰余金82,74282,74282,74283,38483,38483,38483,38482,94582,94582,94582,95082,950-
利益剰余金92,47497,473101,138108,298110,402117,059121,649130,703132,566139,726144,372153,347-
自己株式-6,062-7,095-7,098-7,742-10,773-12,137-11,923-11,816-14,119-15,604-15,418-15,336-
非支配株主持分4,1464,3524,3944,6644,5974,8024,8374,7754,7665,0375,0225,646-
純資産200,024208,799217,765226,298229,021230,637223,855234,408236,450237,348248,640247,957-
キャッシュフロー(百万円)
C/S
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
営業CF
税金等調整前当期純利益5,56713,28320,48131,5456,32417,17726,62838,7788,67720,33631,42844,638-
減価償却費-6,189-12,572-6,389-12,783-5,757-12,020-
のれん償却額-85-171-85-171-69-141-
減損損失-5125121,845-4234571,654-3,5943,6287,343-
受取利息及び受取配当金--775--1,076--779--1,240--800--1,145-
売上債権の増減額-15,340--1,616-18,987-4,809-4,771--9,989-
棚卸資産の増減額--1,779--109--1,147--227--555-1,879-
仕入債務の増減額--5,654--900--4,187-329--2,464-35-
営業CF-24,358-36,386-29,949-37,558-19,027-38,569-
投資CF
有価証券の取得0-5600-1,9530-6,7120-8,4290-4,4640-28,987-
有価証券の売却・償還046103,97903,442021,30106,97409,389-
固定資産の購入0-8,6990-16,4640-7,0240-14,8170-8,5980-16,090-
固定資産の売却01,43503,20202,59002,73906014,863-
貸付け-------------
貸付金の回収-------------
投資CF--7,614--14,202--9,315--1,213--6,895--26,437-
財務CF
短期借入金の純増減額-7-37--41--31--16--16-
長期借入れ-11,105-14,117-10,051-10,049---3,500-
長期借入金の返済--13,279--16,559--2,821--15,173--1,701--7,185-
社債の発行-------------
社債の償還-------------
自己株式の取得--2,864--4,914--4,668--4,673--4,144--4,153-
自己株式の売却---2,045---599---638-
配当金の支払--2,066--3,258--2,228--3,925--4,244--6,767-
財務CF--7,808--10,543--1,037--16,773--11,216--14,544-
換算差額--8-51--34--44--7-13-
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額-------13,334---16,702-
研究開発費-------------
発行済株式総数256,537,416株255,532,539株255,530,040株255,528,192株253,777,164株253,048,308株253,210,752株253,291,890株252,030,918株251,304,561株251,447,430株251,510,346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.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
従業員数---19,877人---19,483人---19,744人-
売上/従業員(千円)19,82619,82619,82619,82620,40820,40820,40820,40821,59721,59721,59722,474-
営利/従業員(千円)1,3621,3621,3621,3621,6471,6471,6471,6471,9531,9531,9532,271-
四半期売上(百万円)
売上5y CAGR・予想:2.8 %
四半期利益(百万円)
営利5y CAGR・予想:13.0 %
純利5y CAGR・予想:16.0 %
P/L
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上91,778103,03594,208116,62796,467106,56399,931117,808100,990115,306102,713124,708440,000
前期比103.0%103.1%102.8%103.5%105.1%103.4%106.1%101.0%104.7%108.2%102.8%105.9%99.2%
売上原価74,24181,81974,71090,51677,13682,73176,80989,30978,53089,27076,71893,302-
売上総利益17,53621,21619,49926,11119,33123,83123,12228,50022,45926,03725,99531,405-
%19.1%20.6%20.7%22.4%20.0%22.4%23.1%24.2%22.2%22.6%25.3%25.2%-
販管費12,48212,67912,39314,06413,50914,11013,64215,47914,40014,99514,99316,669-
営業利益5,0538,5387,10512,0475,8229,7209,48013,0218,05911,04111,00314,73644,000
前期比125.8%157.9%109.2%108.6%115.2%113.8%133.4%108.1%138.4%113.6%116.1%113.2%98.1%
%5.5%8.3%7.5%10.3%6.0%9.1%9.5%11.1%8.0%9.6%10.7%11.8%10.0%
受取利息および受取配当金753000681000795000-
持分法による投資利益-000-000-0050-
営業外収益89329343326687328243626193845357120-
支払利息947881778584857359645456-
持分法による投資損失13041112014468107-2714580-2485-141-
営業外費用37264634247423063023819522825319179-
経常利益5,5748,1857,19611,8406,4669,3719,67913,0878,77011,23911,38414,67744,000
固定資産売却益21512877709130020923,084-
投資有価証券売却益04208391013,13504,684446,176262445-
特別利益31932941,1231014,34734,691466,3258613,464-
固定資産売却損-000-000-000-
投資有価証券売却損-18-180-00086-8600-
減損損失-51201,333-423341,197-3,594343,715-
特別損失96642911,90015212,8652305,6291385,9061,1524,932-
税引前利益5,5677,7167,19811,0646,32410,8539,45112,1508,67711,65911,09213,210-
法人税等1,7782,6192,1703,6341,8544,2882,9642,9232,3874,2073,7103,966-
%31.9%33.9%30.1%32.8%29.3%39.5%31.4%24.1%27.5%36.1%33.4%30.0%-
当期純利益3,7895,0975,0277,4304,4696,5656,4889,2276,2907,4527,3829,243-
非支配株主に帰属する当期純利益95188169271137205200173183293211269-
親会社株主に帰属する当期純利益3,6944,9084,8587,1604,3316,3616,2879,0556,1067,1607,1708,97529,500
前期比134.0%167.9%87.2%141.6%117.2%129.6%129.4%126.5%141.0%112.6%114.0%99.1%100.3%
%4.0%4.8%5.2%6.1%4.5%6.0%6.3%7.7%6.0%6.2%7.0%7.2%6.7%
 
EBITDA39,02639,02639,02639,02645,48645,48645,48645,48650,99750,99750,99757,00054,161
EPS80.4円80.7円80.7円80.7円102.6円102.9円102.8円102.8円116.7円117.0円117.0円116.9円114.5円
BPS763.5円800.1円835.0円867.4円884.3円892.5円865.0円906.6円919.3円924.4円968.9円963.4円-
期初会社予想
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上高(期初予)400,000400,000400,000400,000414,000414,000414,000414,000425,000425,000425,000425,000440,000
対実績比22.9%48.7%72.3%101.4%23.3%49.0%73.2%101.6%23.8%50.9%75.1%104.4%-
営業利益(期初予)30,00030,00030,00030,00035,00035,00035,00035,00040,00040,00040,00040,00044,000
対実績比16.8%45.3%69.0%109.1%16.6%44.4%71.5%108.7%20.1%47.8%75.3%112.1%-
純利益(期初予)18,00018,00018,00018,00023,30023,30023,30023,30027,10027,10027,10027,10029,500
対実績比20.5%47.8%74.8%114.6%18.6%45.9%72.9%111.7%22.5%49.0%75.4%108.5%-
配当
ROEデュポン分解
β
マルチプル
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
株価1,040円1,107円1,312円1,403円1,700円1,893円1,442円1,747円1,830円2,077円2,143円1,787円-
企業価値263,932281,035334,728362,410430,301471,499347,990423,392433,950489,442506,195417,754-
時価総額266,796283,899335,170358,590434,394480,480364,808442,270463,520521,871538,624449,449-
純有利子負債-2,864-2,864-4423,820-4,093-8,981-16,818-18,878-29,570-32,429-32,429-31,695-
PER(会予)14.8倍15.8倍18.6倍19.9倍18.6倍20.6倍15.7倍19.0倍17.1倍19.3倍18.7倍15.6倍-
PBR1.4倍1.4倍1.6倍1.7倍2.0倍2.1倍1.6倍2.0倍2.0倍2.2倍2.3倍1.9倍-
PER × PBR20.2倍22.9倍30.5倍33.5倍36.5倍44.1倍25.3倍38.3倍34.5倍43.3倍43.4倍28.9倍-
EV/EBITDA(会予)6.3倍6.7倍8.0倍8.6倍9.0倍9.9倍7.3倍8.9倍8.2倍9.2倍9.2倍7.7倍-
PSR(会予)0.7倍0.7倍0.8倍0.9倍1.0倍1.2倍0.9倍1.1倍1.1倍1.2倍1.2倍1.0倍-
PCFR(会予)8.9倍9.5倍11.2倍12.0倍12.1倍13.3倍10.1倍12.3倍11.6倍13.0倍12.9倍11.0倍-
配当金---13.3円---23.3円---30.0円80.0円
配当利回り1.2%1.1%0.9%0.9%0.8%0.7%0.9%0.8%1.3%1.1%1.1%1.7%-
配当性向---16.5%---22.7%---25.7%-
自己資本配当率5.2%5.0%4.8%4.6%7.9%7.8%8.1%7.7%9.8%9.7%9.3%9.3%-
ROE10.5%10.1%9.7%9.3%11.6%11.5%11.9%11.3%12.7%12.7%12.1%12.1%-
純利益率(再掲)4.0%4.4%4.7%5.1%4.5%5.3%5.6%6.2%6.0%6.1%6.4%6.6%-
総資産回転率1.2回1.2回1.2回1.1回1.1回1.1回1.2回1.1回1.2回1.2回1.2回1.2回-
財務レバレッジ1.7倍1.7倍1.7倍1.6倍1.7倍1.7倍1.7倍1.6倍1.6倍1.6倍1.6倍1.6倍-
実質ROE10.2%9.7%9.4%9.0%11.1%10.9%11.3%10.8%12.0%11.9%11.4%11.4%-
ROIC9.7%9.4%9.1%8.8%9.7%9.8%10.4%10.1%11.8%11.8%11.4%11.5%-
ROA6.3%6.0%6.0%5.6%7.0%6.8%7.6%7.0%8.1%8.0%8.0%7.7%-
β0.600.600.710.680.570.640.780.850.770.720.740.79-
βの決定係数(R2)0.150.150.190.210.140.200.310.340.290.260.280.34-
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.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
流動資産
現金38,91135,16629,23238,03252,07357,61848,86957,59155,93058,36557,13055,175-
売上債権64,89864,89877,65972,50194,43871,29275,38668,76788,12183,33983,33997,386-
棚卸資産11,65411,65410,88714,3509,22111,77010,36413,5689,3419,8999,8997,475-
有価証券100100100100100100100100198100200100-
前払金-------------
繰延税金資産6,0336,4253,7426,606---------
貸倒引当金-152-149-152-360-290-279-283-377-353-335-621-462-
流動資産141,803148,869139,523168,670159,782175,566152,502176,231161,549171,996167,849181,543-
固定資産
建物・構築物37,27737,54136,37439,99039,95638,79238,58838,00137,66735,61534,25829,053-
機械・運搬具6,7996,9877,7687,5477,5997,7607,9188,1248,2118,2647,1727,092-
土地21,43520,07819,67219,37319,37418,57518,55018,39918,39917,34217,0159,690-
建設仮勘定-------------
有形固定資産75,85176,23776,33675,68076,30073,80073,84973,12372,69769,52866,76754,041-
のれん763720688707660611582371341307274244-
無形固定資産18,89118,86919,30618,91519,36619,64220,35120,51422,37423,68324,75324,133-
投資有価証券65,64971,70778,64378,76685,34682,54866,47667,71972,14364,89075,86179,111-
繰延税金資産5,7855,6526,1924,9029,6059,2518,63410,013-----
貸倒引当金-237-245-270-271-269-107-105-96-97-97-764-342-
敷金および保証金-------------
投資その他の資産91,91497,717107,568106,238118,681114,28297,695100,788107,025103,373109,950123,181-
固定資産186,657192,824203,210200,833214,348207,725191,895194,426202,097196,585201,471201,356-
総資産328,461341,693342,734369,504374,130383,291344,397370,657363,647368,582369,320382,899-
 
負債
有利子負債合計36,04736,04734,72433,05233,93943,09240,80029,99128,02125,93625,93623,480-
仕入債務17,76617,76618,32917,15123,24618,41218,98517,91223,33820,95720,95723,387-
前受金-------------
未払法人税等9564,1048026,1391,1286,4972,1099,2991,3478,8471,9818,788-
繰延税金負債(固定)3,0425,0277,6816,4737,4594,8761,69458-----
負債128,437132,893124,968143,205145,109152,654120,542136,248127,196131,233120,680134,942-
 
純資産
資本金10,00110,00110,00110,00110,00110,00110,00110,00110,00110,00110,00110,001-
資本剰余金82,74282,74282,74283,38483,38483,38483,38482,94582,94582,94582,95082,950-
利益剰余金92,47497,473101,138108,298110,402117,059121,649130,703132,566139,726144,372153,347-
自己株式-6,062-7,095-7,098-7,742-10,773-12,137-11,923-11,816-14,119-15,604-15,418-15,336-
非支配株主持分4,1464,3524,3944,6644,5974,8024,8374,7754,7665,0375,0225,646-
純資産200,024208,799217,765226,298229,021230,637223,855234,408236,450237,348248,640247,957-
キャッシュフロー(百万円)
C/S
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
営業CF
税金等調整前当期純利益5,56713,28320,48131,5456,32417,17726,62838,7788,67720,33631,42844,638-
減価償却費-6,189-12,572-6,389-12,783-5,757-12,020-
のれん償却額-85-171-85-171-69-141-
減損損失-51201,333-423341,197-3,594343,715-
受取利息及び受取配当金--775--1,076--779--1,240--800--1,145-
売上債権の増減額-15,340--1,616-18,987-4,809-4,771--9,989-
棚卸資産の増減額--1,779--109--1,147--227--555-1,879-
仕入債務の増減額--5,654--900--4,187-329--2,464-35-
営業CF-24,358-36,386-29,949-37,558-19,027-38,569-
投資CF
有価証券の取得0-5600-1,9530-6,7120-8,4290-4,4640-28,987-
有価証券の売却・償還046103,97903,442021,30106,97409,389-
固定資産の購入0-8,6990-16,4640-7,0240-14,8170-8,5980-16,090-
固定資産の売却01,43503,20202,59002,73906014,863-
貸付け-------------
貸付金の回収-------------
投資CF--7,614--14,202--9,315--1,213--6,895--26,437-
財務CF
短期借入金の純増減額-7-37--41--31--16--16-
長期借入れ-11,105-14,117-10,051-10,049---3,500-
長期借入金の返済--13,279--16,559--2,821--15,173--1,701--7,185-
社債の発行-------------
社債の償還-------------
自己株式の取得--2,864--4,914--4,668--4,673--4,144--4,153-
自己株式の売却---2,045---599---638-
配当金の支払--2,066--3,258--2,228--3,925--4,244--6,767-
財務CF--7,808--10,543--1,037--16,773--11,216--14,544-
換算差額--8-51--34--44--7-13-
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額-------13,334---16,702-
研究開発費-------------
発行済株式総数256,537,416株255,532,539株255,530,040株255,528,192株253,777,164株253,048,308株253,210,752株253,291,890株252,030,918株251,304,561株251,447,430株251,510,346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.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
従業員数---19,877人---19,483人---19,744人-
売上/従業員(千円)19,82619,82619,82619,82620,40820,40820,40820,40821,59721,59721,59722,474-
営利/従業員(千円)1,3621,3621,3621,3621,6471,6471,6471,6471,9531,9531,9532,271-