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-
%32.3%31.0%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%
%5.1%6.2%6.6%6.7%
 
EBITDA45,48650,99757,000-
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-4,093-29,570-31,695-
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1.7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94,43888,12197,386-
棚卸資産9,2219,3417,475-
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162,064176,231181,543-
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8,95810,013--
貸倒引当金-271-96-342-
敷金および保証金----
投資その他の資産110,293100,788123,181-
固定資産204,889194,426201,356-
総資産366,954370,657382,899-
 
負債
有利子負債合計33,93928,02123,480-
仕入債務23,24623,33823,387-
前受金----
未払法人税等6,1399,2998,788-
繰延税金負債(固定)3,92558--
負債140,655136,248134,942-
 
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-1,0031,702-
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)20,40821,59722,474-
営利/従業員(千円)1,6471,9532,271-
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.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上194,813289,021405,64896,467203,030302,961420,769100,990216,296319,009443,717100,399440,000
前期比103.1%103.0%103.1%105.1%104.2%104.8%103.7%104.7%106.5%105.3%105.5%99.4%99.2%
売上原価156,060230,770321,28677,136159,867236,676325,98578,530167,800244,518337,82077,255-
売上総利益38,75258,25184,36219,33143,16266,28494,78422,45948,49674,491105,89623,143-
%19.9%20.2%20.8%20.0%21.3%21.9%22.5%22.2%22.4%23.4%23.9%23.1%-
販管費25,16137,55451,61813,50927,61941,26156,74014,40029,39544,38861,05715,465-
営業利益13,59120,69632,7435,82215,54225,02238,0438,05919,10030,10344,8397,67844,000
前期比144.2%129.9%121.2%115.2%114.4%120.9%116.2%138.4%122.9%120.3%117.9%95.3%98.1%
%7.0%7.2%8.1%6.0%7.7%8.3%9.0%8.0%8.8%9.4%10.1%7.6%10.0%
受取利息および受取配当金7751,0431,0756817781,1151,2397957991,0491,144857-
持分法による投資利益----------50--
営業外収益1,1861,6191,8858731,1551,5911,8529381,3911,9621,9821,089-
支払利息172253330851692543275912317723353-
持分法による投資損失541661805681751482938056141-74-
営業外費用1,0181,3601,8342308601,0981,293228481672751224-
経常利益13,75920,95532,7956,46615,83725,51638,6038,77020,00931,39346,0708,54344,000
固定資産売却益153440517091391391322943,1781-
投資有価証券売却益42428811013,14513,14517,829446,2206,4826,9273-
特別利益1964901,6131014,35714,36019,051466,3717,23210,6965-
固定資産売却損-------------
投資有価証券売却損18--24---86---374-
減損損失5125121,845-4234571,654-3,5943,6287,343--
特別損失6739642,86415213,01713,24718,8761386,0447,19612,128448-
税引前利益13,28320,48131,5456,32417,17726,62838,7788,67720,33631,42844,6388,099-
法人税等4,3976,56710,2011,8546,1429,10612,0292,3876,59410,30414,2702,454-
%33.1%32.1%32.3%29.3%35.8%34.2%31.0%27.5%32.4%32.8%32.0%30.3%-
当期純利益8,88613,91321,3434,46911,03417,52226,7496,29013,74221,12430,3675,645-
非支配株主に帰属する当期純利益283452723137342542715183476687956117-
親会社株主に帰属する当期純利益8,60213,46020,6204,33110,69216,97926,0346,10613,26620,43629,4115,52729,500
前期比151.4%119.6%126.5%117.2%124.3%126.1%126.3%141.0%124.1%120.4%113.0%90.5%100.3%
%4.4%4.7%5.1%4.5%5.3%5.6%6.2%6.0%6.1%6.4%6.6%5.5%6.7%
 
EBITDA19,86520,69645,4865,82222,01625,02250,9978,05924,92630,10357,0007,678-
EPS80.7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117.6円117.9円
BPS800.1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975.8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)400,000400,000400,000414,000414,000414,000414,000425,000425,000425,000425,000440,000440,000
対実績比48.7%72.3%101.4%23.3%49.0%73.2%101.6%23.8%50.9%75.1%104.4%22.8%-
営業利益(期初予)30,00030,00030,00035,00035,00035,00035,00040,00040,00040,00040,00044,00044,000
対実績比45.3%69.0%109.1%16.6%44.4%71.5%108.7%20.1%47.8%75.3%112.1%17.5%-
純利益(期初予)18,00018,00018,00023,30023,30023,30023,30027,10027,10027,10027,10029,50029,500
対実績比47.8%74.8%114.6%18.6%45.9%72.9%111.7%22.5%49.0%75.4%108.5%18.7%-
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2,274円-
企業価値281,035334,728362,410430,301471,499347,990423,392433,950489,442506,195417,754536,975-
時価総額283,899335,170358,590434,394480,480364,808442,270463,520521,871538,624449,449568,916-
純有利子負債-4423,820-4,093-8,981-16,818-18,878-29,570-28,381-32,429-32,280-31,695-31,941-
PER(会予)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19.3倍-
PBR1.4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2.3倍-
PER × PBR22.9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44.9倍-
EV/EBITDA(会予)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9.6倍-
PSR(会予)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1.3倍-
PCFR(会予)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13.7倍-
配当金--13.3円---23.3円---30.0円-35.0円
配当利回り1.1%0.9%0.9%0.8%0.7%0.9%0.8%1.3%1.1%1.1%1.7%1.3%-
配当性向--16.5%---22.7%---25.7%--
自己資本配当率5.0%4.8%4.6%7.9%7.8%8.1%7.7%9.8%9.7%9.3%9.3%9.2%-
ROE10.1%9.7%9.3%11.6%11.5%11.9%11.3%12.7%12.7%12.1%12.1%12.0%-
純利益率(再掲)4.4%4.7%5.1%4.5%5.3%5.6%6.2%6.0%6.1%6.4%6.6%5.5%-
総資産回転率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1.1回-
財務レバレッジ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1.5倍1.6倍1.6倍-
実質ROE9.7%9.4%9.0%11.1%10.9%11.3%10.8%12.0%11.9%11.4%11.4%11.2%-
ROIC9.4%9.1%8.8%9.7%9.8%10.4%10.1%11.8%11.8%11.4%11.5%10.6%-
ROA6.0%6.0%5.6%7.0%6.8%7.6%7.0%8.1%8.0%8.0%7.7%7.6%-
β0.600.710.680.570.640.780.850.770.720.740.790.83-
βの決定係数(R2)0.150.190.210.140.200.310.340.290.260.280.340.38-
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35,16629,23238,03252,07357,61848,86957,59155,93058,36557,13055,17575,241-
売上債権77,65972,50194,43871,29275,38668,76788,12170,47083,33976,89197,38674,547-
棚卸資産10,88714,3509,22111,77010,36413,5689,34111,6579,89913,5057,4758,904-
有価証券100100100100100100100198100200100100-
前払金-------------
繰延税金資産6,4253,7426,606----------
貸倒引当金-149-152-360-290-279-283-377-353-335-621-462-460-
流動資産148,869139,523162,064159,782175,566152,502176,231161,549171,996167,849181,543185,287-
固定資産
建物・構築物37,54136,37439,99039,95638,79238,58838,00137,66735,61534,25829,05328,613-
機械・運搬具6,9877,7687,5477,5997,7607,9188,1248,2118,2647,1727,0926,814-
土地20,07819,67219,37319,37418,57518,55018,39918,39917,34217,0159,6909,682-
建設仮勘定-------------
有形固定資産76,23776,33675,68076,30073,80073,84973,12372,69769,52866,76754,04153,530-
のれん720688707660611582371341307274244194-
無形固定資産18,86919,30618,91519,36619,64220,35120,51422,37423,68324,75324,13325,016-
投資有価証券71,70778,64378,76685,34682,54866,47667,71972,14364,89075,86179,11185,303-
繰延税金資産5,6526,1928,9589,6059,2518,63410,013------
貸倒引当金-245-270-271-269-107-105-96-97-97-764-342-339-
敷金および保証金-------------
投資その他の資産97,717107,568110,293118,681114,28297,695100,788107,025103,373109,950123,181125,570-
固定資産192,824203,210204,889214,348207,725191,895194,426202,097196,585201,471201,356204,116-
総資産341,693342,734366,954374,130383,291344,397370,657363,647368,582369,320382,899389,404-
 
負債
有利子負債合計34,72433,05233,93943,09240,80029,99128,02127,54925,93624,85023,48043,300-
仕入債務18,32917,15123,24618,41218,98517,91223,33820,13120,95719,81123,38716,444-
前受金-------------
未払法人税等4,1048026,1391,1286,4972,1099,2991,3478,8471,9818,7881,148-
繰延税金負債(固定)5,0277,6813,9257,4594,8761,69458------
負債132,893124,968140,655145,109152,654120,542136,248127,196131,233120,680134,942139,787-
 
純資産
資本金10,00110,00110,00110,00110,00110,00110,00110,00110,00110,00110,00110,001-
資本剰余金82,74282,74283,38483,38483,38483,38482,94582,94582,94582,95082,95082,941-
利益剰余金97,473101,138108,298110,402117,059121,649130,703132,566139,726144,372153,347153,827-
自己株式-7,095-7,098-7,742-10,773-12,137-11,923-11,816-14,119-15,604-15,418-15,336-18,276-
非支配株主持分4,3524,3944,6644,5974,8024,8374,7754,7665,0375,0225,6465,489-
純資産208,799217,765226,298229,021230,637223,855234,408236,450237,348248,640247,957249,617-
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13,28320,48131,5456,32417,17726,62838,7788,67720,33631,42844,6388,099-
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CF24,358-36,386-29,949-37,558-19,027-38,569--
投資CF
有価証券の取得-5600-1,9530-6,7120-8,4290-4,4640-28,9870-
有価証券の売却・償還46103,97903,442021,30106,97409,3890-
固定資産の購入-8,6990-16,4640-7,0240-14,8170-8,5980-16,0900-
固定資産の売却1,43503,20202,59002,73906014,8630-
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.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額------13,334---16,702--
研究開発費------1,003---1,702--
発行済株式総数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250,182,797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
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
従業員数--19,877人---19,483人---19,744人--
売上/従業員(千円)--20,408---21,597---22,474--
営利/従業員(千円)--1,647---1,953---2,271--
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.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上103,03594,208116,62796,467106,56399,931117,808100,990115,306102,713124,708100,399440,000
前期比103.1%102.8%103.5%105.1%103.4%106.1%101.0%104.7%108.2%102.8%105.9%99.4%99.2%
売上原価81,81974,71090,51677,13682,73176,80989,30978,53089,27076,71893,30277,255-
売上総利益21,21619,49926,11119,33123,83123,12228,50022,45926,03725,99531,40523,143-
%20.6%20.7%22.4%20.0%22.4%23.1%24.2%22.2%22.6%25.3%25.2%23.1%-
販管費12,67912,39314,06413,50914,11013,64215,47914,40014,99514,99316,66915,465-
営業利益8,5387,10512,0475,8229,7209,48013,0218,05911,04111,00314,7367,67844,000
前期比157.9%109.2%108.6%115.2%113.8%133.4%108.1%138.4%113.6%116.1%113.2%95.3%98.1%
%8.3%7.5%10.3%6.0%9.1%9.5%11.1%8.0%9.6%10.7%11.8%7.6%10.0%
受取利息および受取配当金000681000795000857-
持分法による投資利益000-000-0050--
営業外収益293433266873282436261938453571201,089-
支払利息788177858485735964545653-
持分法による投資損失41112014468107-2714580-2485-14174-
営業外費用64634247423063023819522825319179224-
経常利益8,1857,19611,8406,4669,3719,67913,0878,77011,23911,38414,6778,54344,000
固定資産売却益1512877709130020923,0841-
投資有価証券売却益4208391013,13504,684446,1762624453-
特別利益1932941,1231014,34734,691466,3258613,4645-
固定資産売却損000-000-000--
投資有価証券売却損18-18024-240086-8600374-
減損損失51201,333-423341,197-3,594343,715--
特別損失6642911,90015212,8652305,6291385,9061,1524,932448-
税引前利益7,7167,19811,0646,32410,8539,45112,1508,67711,65911,09213,2108,099-
法人税等2,6192,1703,6341,8544,2882,9642,9232,3874,2073,7103,9662,454-
%33.9%30.1%32.8%29.3%39.5%31.4%24.1%27.5%36.1%33.4%30.0%30.3%-
当期純利益5,0975,0277,4304,4696,5656,4889,2276,2907,4527,3829,2435,645-
非支配株主に帰属する当期純利益188169271137205200173183293211269117-
親会社株主に帰属する当期純利益4,9084,8587,1604,3316,3616,2879,0556,1067,1607,1708,9755,52729,500
前期比167.9%87.2%141.6%117.2%129.6%129.4%126.5%141.0%112.6%114.0%99.1%90.5%100.3%
%4.8%5.2%6.1%4.5%6.0%6.3%7.7%6.0%6.2%7.0%7.2%5.5%6.7%
 
EBITDA19,86520,69645,4865,82222,01625,02250,9978,05924,92630,10357,0007,678-
EPS80.7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117.6円117.9円
BPS800.1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975.8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)400,000400,000400,000414,000414,000414,000414,000425,000425,000425,000425,000440,000440,000
対実績比48.7%72.3%101.4%23.3%49.0%73.2%101.6%23.8%50.9%75.1%104.4%22.8%-
営業利益(期初予)30,00030,00030,00035,00035,00035,00035,00040,00040,00040,00040,00044,00044,000
対実績比45.3%69.0%109.1%16.6%44.4%71.5%108.7%20.1%47.8%75.3%112.1%17.5%-
純利益(期初予)18,00018,00018,00023,30023,30023,30023,30027,10027,10027,10027,10029,50029,500
対実績比47.8%74.8%114.6%18.6%45.9%72.9%111.7%22.5%49.0%75.4%108.5%18.7%-
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2,274円-
企業価値281,035334,728362,410430,301471,499347,990423,392433,950489,442506,195417,754536,975-
時価総額283,899335,170358,590434,394480,480364,808442,270463,520521,871538,624449,449568,916-
純有利子負債-4423,820-4,093-8,981-16,818-18,878-29,570-28,381-32,429-32,280-31,695-31,941-
PER(会予)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19.3倍-
PBR1.4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2.3倍-
PER × PBR22.9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44.9倍-
EV/EBITDA(会予)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9.6倍-
PSR(会予)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1.3倍-
PCFR(会予)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13.7倍-
配当金--13.3円---23.3円---30.0円-35.0円
配当利回り1.1%0.9%0.9%0.8%0.7%0.9%0.8%1.3%1.1%1.1%1.7%1.3%-
配当性向--16.5%---22.7%---25.7%--
自己資本配当率5.0%4.8%4.6%7.9%7.8%8.1%7.7%9.8%9.7%9.3%9.3%9.2%-
ROE10.1%9.7%9.3%11.6%11.5%11.9%11.3%12.7%12.7%12.1%12.1%12.0%-
純利益率(再掲)4.4%4.7%5.1%4.5%5.3%5.6%6.2%6.0%6.1%6.4%6.6%5.5%-
総資産回転率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1.1回-
財務レバレッジ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1.5倍1.6倍1.6倍-
実質ROE9.7%9.4%9.0%11.1%10.9%11.3%10.8%12.0%11.9%11.4%11.4%11.2%-
ROIC9.4%9.1%8.8%9.7%9.8%10.4%10.1%11.8%11.8%11.4%11.5%10.6%-
ROA6.0%6.0%5.6%7.0%6.8%7.6%7.0%8.1%8.0%8.0%7.7%7.6%-
β0.600.710.680.570.640.780.850.770.720.740.790.83-
βの決定係数(R2)0.150.190.210.140.200.310.340.290.260.280.340.38-
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35,16629,23238,03252,07357,61848,86957,59155,93058,36557,13055,17575,241-
売上債権77,65972,50194,43871,29275,38668,76788,12170,47083,33976,89197,38674,547-
棚卸資産10,88714,3509,22111,77010,36413,5689,34111,6579,89913,5057,4758,904-
有価証券100100100100100100100198100200100100-
前払金-------------
繰延税金資産6,4253,7426,606----------
貸倒引当金-149-152-360-290-279-283-377-353-335-621-462-460-
流動資産148,869139,523162,064159,782175,566152,502176,231161,549171,996167,849181,543185,287-
固定資産
建物・構築物37,54136,37439,99039,95638,79238,58838,00137,66735,61534,25829,05328,613-
機械・運搬具6,9877,7687,5477,5997,7607,9188,1248,2118,2647,1727,0926,814-
土地20,07819,67219,37319,37418,57518,55018,39918,39917,34217,0159,6909,682-
建設仮勘定-------------
有形固定資産76,23776,33675,68076,30073,80073,84973,12372,69769,52866,76754,04153,530-
のれん720688707660611582371341307274244194-
無形固定資産18,86919,30618,91519,36619,64220,35120,51422,37423,68324,75324,13325,016-
投資有価証券71,70778,64378,76685,34682,54866,47667,71972,14364,89075,86179,11185,303-
繰延税金資産5,6526,1928,9589,6059,2518,63410,013------
貸倒引当金-245-270-271-269-107-105-96-97-97-764-342-339-
敷金および保証金-------------
投資その他の資産97,717107,568110,293118,681114,28297,695100,788107,025103,373109,950123,181125,570-
固定資産192,824203,210204,889214,348207,725191,895194,426202,097196,585201,471201,356204,116-
総資産341,693342,734366,954374,130383,291344,397370,657363,647368,582369,320382,899389,404-
 
負債
有利子負債合計34,72433,05233,93943,09240,80029,99128,02127,54925,93624,85023,48043,300-
仕入債務18,32917,15123,24618,41218,98517,91223,33820,13120,95719,81123,38716,444-
前受金-------------
未払法人税等4,1048026,1391,1286,4972,1099,2991,3478,8471,9818,7881,148-
繰延税金負債(固定)5,0277,6813,9257,4594,8761,69458------
負債132,893124,968140,655145,109152,654120,542136,248127,196131,233120,680134,942139,787-
 
純資産
資本金10,00110,00110,00110,00110,00110,00110,00110,00110,00110,00110,00110,001-
資本剰余金82,74282,74283,38483,38483,38483,38482,94582,94582,94582,95082,95082,941-
利益剰余金97,473101,138108,298110,402117,059121,649130,703132,566139,726144,372153,347153,827-
自己株式-7,095-7,098-7,742-10,773-12,137-11,923-11,816-14,119-15,604-15,418-15,336-18,276-
非支配株主持分4,3524,3944,6644,5974,8024,8374,7754,7665,0375,0225,6465,489-
純資産208,799217,765226,298229,021230,637223,855234,408236,450237,348248,640247,957249,617-
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13,28320,48131,5456,32417,17726,62838,7788,67720,33631,42844,6388,099-
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CF24,358-36,386-29,949-37,558-19,027-38,569--
投資CF
有価証券の取得-5600-1,9530-6,7120-8,4290-4,4640-28,9870-
有価証券の売却・償還46103,97903,442021,30106,97409,3890-
固定資産の購入-8,6990-16,4640-7,0240-14,8170-8,5980-16,0900-
固定資産の売却1,43503,20202,59002,73906014,8630-
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.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額------13,334---16,702--
研究開発費------1,003---1,702--
発行済株式総数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250,182,797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
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
従業員数--19,877人---19,483人---19,744人--
売上/従業員(千円)--20,408---21,597---22,474--
営利/従業員(千円)--1,647---1,953---2,271--