通期売上(百万円)
売上5y CAGR・予想:6.3 %
通期利益(百万円)
営利5y CAGR・予想:14.0 %
純利5y CAGR・予想:19.2 %
P/L
2018.32019.32020.32021.3E
売上605,712653,107683,780697,000
前期比111.0%107.8%104.7%101.9%
売上原価506,002541,909551,318-
売上総利益99,710111,197132,461-
%16.5%17.0%19.4%-
販管費82,62785,90491,233-
営業利益17,08225,29241,22740,000
前期比72.3%148.1%163.0%97.0%
%2.8%3.9%6.0%5.7%
受取利息および受取配当金2,1852,2532,401-
持分法による投資利益6,2722,0451,989-
営業外収益10,3826,2376,320-
支払利息1,6211,5671,732-
持分法による投資損失----
営業外費用4,2974,0744,349-
経常利益23,16827,45443,19942,000
固定資産売却益1,64788--
投資有価証券売却益1,31482996-
特別利益3,3053352,229-
固定資産売却損----
投資有価証券売却損-21493-
減損損失611646279-
特別損失3,1062,7144,338-
税引前利益23,36625,07541,090-
法人税等6,0457,21912,748-
%25.9%28.8%31.0%-
当期純利益17,32017,85628,341-
非支配株主に帰属する当期純利益698692551-
親会社株主に帰属する当期純利益16,62217,16327,79028,000
前期比119.8%103.3%161.9%100.8%
%2.7%2.6%4.1%4.0%
 
EBITDA49,46358,98577,640-
EPS67.1円69.3円112.2円113.1円
BPS1,030.0円1,066.1円1,123.9円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)600,000650,000700,000697,000
対実績比101.0%100.5%97.7%-
営業利益(期初予)24,00030,00035,00040,000
対実績比71.2%84.3%117.8%-
純利益(期初予)15,50021,00025,00028,000
対実績比107.2%81.7%111.2%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価919円1,038円842円-
企業価値490,335509,336482,231-
時価総額227,539256,999208,469-
純有利子負債252,956246,535273,762-
PER(会予)21.7倍17.1倍7.4倍-
PBR0.9倍1.0倍0.7倍-
PER × PBR19.7倍16.9倍5.6倍-
EV/EBITDA(会予)10.2倍9.2倍6.2倍-
PSR(会予)0.4倍0.4倍0.3倍-
PCFR(会予)5.5倍5.4倍3.2倍-
配当金12.0円14.0円20.0円20.0円
配当利回り1.3%1.2%2.4%-
配当性向17.9%20.2%17.8%-
自己資本配当率1.2%1.3%1.8%-
ROE6.5%6.5%10.0%-
純利益率(再掲)2.7%2.6%4.1%-
総資産回転率0.8回0.8回0.8回-
財務レバレッジ2.9倍2.9倍2.9倍-
実質ROE6.2%6.2%9.6%-
ROIC2.1%3.3%4.8%-
ROA2.2%2.2%3.4%-
β0.480.470.38-
βの決定係数(R2)0.120.120.09-
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28,10831,02240,014-
売上債権185,145194,762192,230-
棚卸資産45,91448,90549,959-
有価証券----
前払金----
繰延税金資産3,725---
貸倒引当金-646-736-667-
流動資産265,062280,134289,727-
固定資産
建物・構築物228,548239,284257,002-
機械・運搬具474,597485,147520,276-
土地107,374113,958116,926-
建設仮勘定6,3347,2807,444-
有形固定資産309,706319,962350,584-
のれん9,7239,07921,273-
無形固定資産23,82122,43038,425-
投資有価証券126,687123,745120,113-
繰延税金資産1,5321,403--
貸倒引当金-987-1,138-1,081-
敷金および保証金----
投資その他の資産149,110146,828141,372-
固定資産482,637489,221530,381-
総資産747,700769,355820,109-
 
負債
有利子負債合計281,064277,557313,776-
仕入債務111,837124,231110,888-
前受金----
未払法人税等3,4175,4219,501-
繰延税金負債(固定)17,63317,223--
負債485,119494,658531,289-
 
純資産
資本金31,06631,06631,066-
資本剰余金33,58633,65733,388-
利益剰余金155,268169,587193,183-
自己株式-11,940-11,943-11,945-
非支配株主持分7,56510,74910,565-
純資産262,580274,697288,820-
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23,36625,07541,090-
減価償却費30,77632,25935,076-
のれん償却額1,6051,4341,337-
減損損失611646279-
受取利息及び受取配当金-2,185-2,254-2,402-
売上債権の増減額-19,897-8,5316,419-
棚卸資産の増減額-5,388-3,117627-
仕入債務の増減額15,2786,082-15,809-
営業CF31,24950,85761,079-
投資CF
有価証券の取得-931-1,514-401-
有価証券の売却・償還6,4393851,447-
固定資産の購入-37,168-39,033-37,843-
固定資産の売却3,948742280-
貸付け-84-387-6-
貸付金の回収146248221-
投資CF-28,658-38,685-78,267-
財務CF
短期借入金の純増減額8,177-10,111-3,562-
長期借入れ29,81231,28145,822-
長期借入金の返済-43,546-29,697-19,595-
社債の発行10,00010,00020,000-
社債の償還-30-5,025-10,240-
自己株式の取得-3-3-1-
自己株式の売却000-
配当金の支払-2,971-2,971-3,961-
財務CF-3,182-9,41224,280-
換算差額123-98625-
その他
2018.32019.32020.32021.3E
設備投資額41,52736,51238,700-
研究開発費-1,5311,593-
発行済株式総数247,592,929株247,589,657株247,587,478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16,532人16,968人18,902人-
売上/従業員(千円)36,63938,49136,175-
営利/従業員(千円)1,0331,4912,181-
四半期売上(百万円)
売上5y CAGR・予想:6.3 %
四半期利益(百万円)
営利5y CAGR・予想:14.0 %
純利5y CAGR・予想:19.2 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上295,391455,232605,712159,593320,513495,577653,107168,549337,977513,605683,780164,778697,000
前期比109.2%110.8%111.0%109.2%108.5%108.9%107.8%105.6%105.4%103.6%104.7%97.8%101.9%
売上原価247,785379,956506,002129,556262,893410,079541,909135,528272,772412,058551,318132,845-
売上総利益47,60575,27699,71030,03657,61985,498111,19733,02165,205101,546132,46131,933-
%16.1%16.5%16.5%18.8%18.0%17.3%17.0%19.6%19.3%19.8%19.4%19.4%-
販管費40,52361,45682,62721,03542,45364,52785,90422,11443,98266,65491,23322,399-
営業利益7,08213,82017,0829,00115,16620,97125,29210,90621,22234,89241,2279,53340,000
前期比51.6%64.1%72.3%189.9%214.1%151.7%148.1%121.2%139.9%166.4%163.0%87.4%97.0%
%2.4%3.0%2.8%5.6%4.7%4.2%3.9%6.5%6.3%6.8%6.0%5.8%5.7%
受取利息および受取配当金1,1151,8382,1859321,2241,8962,2539971,3032,0302,401969-
持分法による投資利益9091,5476,2723811,2701,7962,0454069811,5111,989342-
営業外収益2,9354,72710,3821,7653,4415,0956,2371,8813,1444,7906,3201,733-
支払利息8141,2171,6213877771,1851,5674048241,2631,732432-
持分法による投資損失-------------
営業外費用2,0072,9454,2971,0021,9723,0544,0741,0192,0473,2224,3491,109-
経常利益8,00915,60123,1689,76316,63623,01227,45411,76822,31936,46143,19910,15842,000
固定資産売却益1741901,6471628768818-----
投資有価証券売却益24071,3141017188223-760996110-
特別利益4778983,3052752189335752971,0572,229202-
固定資産売却損-------------
投資有価証券売却損---16--2155--493--
減損損失--611---646---279--
特別損失1,3661,8843,1062195401,5162,7142671,1591,4054,338616-
税引前利益7,12014,61523,3669,57116,14821,68525,07511,57621,45736,11241,0909,743-
法人税等2,7624,7846,0452,7814,6356,2307,2193,3636,12610,48712,7482,699-
%38.8%32.7%25.9%29.1%28.7%28.7%28.8%29.1%28.6%29.0%31.0%27.7%-
当期純利益4,3589,83117,3206,79011,51215,45517,8568,21315,33125,62528,3417,044-
非支配株主に帰属する当期純利益35649269821943259469222245362955197-
親会社株主に帰属する当期純利益4,0019,33916,6226,57111,07914,86017,1637,99114,87724,99527,7906,94628,000
前期比45.8%63.4%119.8%191.5%276.9%159.1%103.3%121.6%134.3%168.2%161.9%86.9%100.8%
%1.4%2.1%2.7%4.1%3.5%3.0%2.6%4.7%4.4%4.9%4.1%4.2%4.0%
 
EBITDA22,50213,82049,4639,00131,47420,97158,98510,90637,89834,89277,6409,533-
EPS67.1円67.1円67.1円69.3円69.3円69.3円69.3円112.2円112.2円112.2円112.2円112.2円113.1円
BPS968.2円1,011.3円1,030.0円1,046.3円1,077.1円1,051.6円1,066.1円1,077.8円1,096.8円1,136.9円1,123.9円1,148.3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)600,000600,000600,000650,000650,000650,000650,000700,000700,000700,000700,000697,000697,000
対実績比49.2%75.9%101.0%24.6%49.3%76.2%100.5%24.1%48.3%73.4%97.7%23.6%-
営業利益(期初予)24,00024,00024,00030,00030,00030,00030,00035,00035,00035,00035,00040,00040,000
対実績比29.5%57.6%71.2%30.0%50.6%69.9%84.3%31.2%60.6%99.7%117.8%23.8%-
純利益(期初予)15,50015,50015,50021,00021,00021,00021,00025,00025,00025,00025,00028,00028,000
対実績比25.8%60.3%107.2%31.3%52.8%70.8%81.7%32.0%59.5%100.0%111.2%24.8%-
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669円823円919円975円969円868円1,038円865円778円834円842円878円-
企業価値418,218462,229490,335494,359491,675463,385509,336460,700472,438486,303482,231500,732-
時価総額165,642203,771227,539241,403239,917214,909256,999214,165192,624206,489208,469217,382-
純有利子負債258,458262,796252,956251,758248,476252,337246,535252,535279,814279,237273,762283,350-
PER(会予)10.7倍19.4倍21.7倍11.5倍11.4倍14.3倍17.1倍8.6倍7.7倍8.3倍7.4倍7.8倍-
PBR0.7倍0.9倍0.9倍0.9倍0.9倍0.8倍1.0倍0.8倍0.7倍0.8倍0.7倍0.8倍-
PER × PBR7.4倍16.5倍19.7倍10.9倍10.6倍11.5倍16.9倍7.0倍5.5倍6.3倍5.6倍5.9倍-
EV/EBITDA(会予)7.6倍9.6倍10.2倍7.9倍7.9倍8.4倍9.2倍6.7倍6.9倍7.1倍6.2倍6.6倍-
PSR(会予)0.3倍0.3倍0.4倍0.4倍0.4倍0.3倍0.4倍0.3倍0.3倍0.3倍0.3倍0.3倍-
PCFR(会予)3.6倍4.9倍5.5倍4.5倍4.5倍4.5倍5.4倍3.6倍3.3倍3.5倍3.2倍3.4倍-
配当金--12.0円---14.0円---20.0円-24.0円
配当利回り1.8%1.5%1.3%1.2%1.2%1.4%1.2%1.6%1.8%1.7%2.4%2.3%-
配当性向--17.9%---20.2%---17.8%--
自己資本配当率1.2%1.2%1.2%1.3%1.3%1.3%1.3%1.9%1.8%1.8%1.8%1.7%-
ROE6.9%6.6%6.5%6.6%6.4%6.6%6.5%10.4%10.2%9.9%10.0%9.8%-
純利益率(再掲)1.4%2.1%2.7%4.1%3.5%3.0%2.6%4.7%4.4%4.9%4.1%4.2%-
総資産回転率0.8回0.8回0.8回0.9回0.9回0.8回0.8回0.9回0.9回0.8回0.8回0.8回-
財務レバレッジ3.0倍3.0倍2.9倍2.9倍2.9倍3.0倍2.9倍2.9倍2.9倍2.9倍2.9倍2.9倍-
実質ROE6.6%6.3%6.2%6.3%6.2%6.3%6.2%10.0%9.8%9.5%9.6%9.4%-
ROIC2.1%2.0%2.1%3.4%3.3%3.3%3.3%5.2%4.9%4.8%4.8%4.7%-
ROA2.3%2.2%2.2%2.3%2.2%2.2%2.2%3.6%3.5%3.4%3.4%3.4%-
β0.420.500.480.500.490.500.470.480.520.530.380.34-
βの決定係数(R2)0.100.130.120.110.110.130.120.130.150.160.090.09-
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24,38627,73728,10825,07129,64931,63631,02227,51430,79433,95340,01440,063-
売上債権176,427186,520185,145187,351189,528200,475194,762198,049190,806207,966192,230190,050-
棚卸資産44,09143,84345,91445,81546,06747,87748,90550,70949,78648,96249,95952,672-
有価証券-------------
前払金-------------
繰延税金資産3,7432,4663,725----------
貸倒引当金-696-644-646-702-734-746-736-763-755-687-667-631-
流動資産254,535267,290265,062263,934270,483285,998280,134282,031278,606299,344289,727290,167-
固定資産
建物・構築物225,975227,000228,548228,536237,989238,593239,284241,292246,987248,644257,002257,203-
機械・運搬具460,424467,053474,597475,077484,036481,223485,147488,856507,859509,587520,276520,745-
土地108,527108,465107,374107,059112,142112,227113,958114,002115,300115,407116,926116,724-
建設仮勘定10,8257,6666,3346,7975,4038,0787,2808,2107,9678,8157,44410,116-
有形固定資産305,413304,917309,706307,354315,967317,410319,962324,114336,234335,142350,584349,111-
のれん10,63410,3999,7238,7749,5379,5379,0798,82228,89329,48021,27320,757-
無形固定資産24,40824,26523,82121,90323,19523,10222,43021,12540,77341,13838,42537,616-
投資有価証券123,832131,795126,687127,492132,113119,566123,745118,429121,848124,992120,113126,595-
繰延税金資産7817061,5321,2631,4501,3631,403------
貸倒引当金-1,102-1,088-987-983-1,081-1,171-1,138-1,123-1,070-1,111-1,081-1,071-
敷金および保証金-------------
投資その他の資産144,094153,100149,110149,273154,945142,474146,828139,207142,983145,606141,372147,517-
固定資産473,916482,284482,637478,531494,108482,987489,221484,446519,992521,887530,381534,245-
総資産728,451749,575747,700742,466764,591768,986769,355766,478798,598821,231820,109824,413-
 
負債
有利子負債合計282,844290,533281,064276,829278,125283,973277,557280,049310,608313,190313,776323,413-
仕入債務109,151113,123111,837109,071115,989127,259124,231119,054110,792119,205110,888107,390-
前受金-------------
未払法人税等3,1511,5553,4171,7214,9292,6885,4212,1916,6065,8809,5011,886-
繰延税金負債(固定)19,60721,93517,63319,32320,77517,77717,223------
負債480,614491,904485,119475,888487,263498,012494,658488,326515,959528,601531,289529,690-
 
純資産
資本金31,06631,06631,06631,06631,06631,06631,06631,06631,06631,06631,06631,066-
資本剰余金34,26333,59333,58633,58533,69933,66233,65733,65833,42733,41933,38833,323-
利益剰余金144,090148,001155,268160,353164,853167,148169,587175,379182,249190,386193,183197,174-
自己株式-11,937-11,938-11,940-11,940-11,941-11,942-11,943-11,943-11,944-11,944-11,945-11,945-
非支配株主持分8,1127,2867,5657,51210,65410,60410,74911,30011,09311,13510,56510,428-
純資産247,836257,670262,580266,577277,328270,974274,697278,151282,639292,630288,820294,722-
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7,12014,61523,3669,57116,14821,68525,07511,57621,45736,11241,0909,743-
減価償却費14,631-30,776-15,481-32,259-16,223-35,076--
のれん償却額789-1,605-827-1,434-453-1,337--
減損損失--611---646---279--
受取利息及び受取配当金-1,115--2,185--1,225--2,254--1,304--2,402--
売上債権の増減額-12,178--19,897--3,737--8,531-5,975-6,419--
棚卸資産の増減額-3,965--5,388--405--3,117-106-627--
仕入債務の増減額13,033-15,278--1,140-6,082--14,075--15,809--
営業CF14,306-31,249-26,556-50,857-24,035-61,079--
投資CF
有価証券の取得-7290-9310-2490-1,5140-2,1930-4010-
有価証券の売却・償還506,439031038505501,4470-
固定資産の購入-21,9860-37,1680-20,6780-39,0330-18,6660-37,8430-
固定資産の売却1,21703,94802840742015702800-
貸付け-10--84--16--387--4--6--
貸付金の回収59-146-63-248-44-221--
投資CF-22,075--28,658--18,953--38,685--52,311--78,267--
財務CF
短期借入金の純増減額12,528-8,177--3,702--10,111-39,626--3,562--
長期借入れ14,122-29,812-20,949-31,281-8,529-45,822--
長期借入金の返済-19,932--43,546--14,836--29,697--6,492--19,595--
社債の発行--10,000---10,000---20,000--
社債の償還-15--30--5,015--5,025--10,010--10,240--
自己株式の取得-1--3--1--3--1--1--
自己株式の売却0-0---0-0-0--
配当金の支払-1,485--2,971--1,485--2,971--1,980--3,961--
財務CF3,736--3,182--5,717--9,412-28,086-24,280--
換算差額-373-123--184--98--213-625--
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額--41,527---36,512018,666038,7000-
研究開発費------1,531---1,593--
発行済株式総数247,595,824株247,594,472株247,592,929株247,592,217株247,591,097株247,590,396株247,589,657株247,589,099株247,588,491株247,587,883株247,587,478株247,587,217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--16,532人---16,968人---18,902人--
売上/従業員(千円)--36,639---38,491---36,175--
営利/従業員(千円)--1,033---1,491---2,181--
四半期売上(百万円)
売上5y CAGR・予想:6.3 %
四半期利益(百万円)
営利5y CAGR・予想:14.0 %
純利5y CAGR・予想:19.2 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上149,243159,841150,480159,593160,920175,064157,530168,549169,428175,628170,175164,778697,000
前期比110.2%114.0%111.7%109.2%107.8%109.5%104.7%105.6%105.3%100.3%108.0%97.8%101.9%
売上原価126,554132,171126,046129,556133,337147,186131,830135,528137,244139,286139,260132,845-
売上総利益22,68927,67124,43430,03627,58327,87925,69933,02132,18436,34130,91531,933-
%15.2%17.3%16.2%18.8%17.1%15.9%16.3%19.6%19.0%20.7%18.2%19.4%-
販管費20,34720,93321,17121,03521,41822,07421,37722,11421,86822,67224,57922,399-
営業利益2,3436,7383,2629,0016,1655,8054,32110,90610,31613,6706,3359,53340,000
前期比34.9%86.1%155.8%189.9%263.1%86.2%132.5%121.2%167.3%235.5%146.6%87.4%97.0%
%1.6%4.2%2.2%5.6%3.8%3.3%2.7%6.5%6.1%7.8%3.7%5.8%5.7%
受取利息および受取配当金000932000997000969-
持分法による投資利益4536384,725381889526249406575530478342-
営業外収益1,1361,7925,6551,7651,6761,6541,1421,8811,2631,6461,5301,733-
支払利息409403404387390408382404420439469432-
持分法による投資損失000-000-000--
営業外費用9569381,3521,0029701,0821,0201,0191,0281,1751,1271,109-
経常利益2,5227,5927,5679,7636,8736,3764,44211,76810,55114,1426,73810,15842,000
固定資産売却益23161,4571612481218-1800--
投資有価証券売却益240590710716423-23760236110-
特別利益324212,4072725137146752227601,172202-
固定資産売却損000-000-000--
投資有価証券売却損00016-1602155-550493--
減損損失00611-00646-00279--
特別損失1,2595181,2222193219761,1982678922462,933616-
税引前利益1,2957,4958,7519,5716,5775,5373,39011,5769,88114,6554,9789,743-
法人税等5592,0221,2612,7811,8541,5959893,3632,7634,3612,2612,699-
%43.2%27.0%14.4%29.1%28.2%28.8%29.2%29.1%28.0%29.8%45.4%27.7%-
当期純利益7375,4737,4896,7904,7223,9432,4018,2137,11810,2942,7167,044-
非支配株主に帰属する当期純利益16713620621921316298222231176-7897-
親会社株主に帰属する当期純利益5695,3387,2836,5714,5083,7812,3037,9916,88610,1182,7956,94628,000
前期比13.5%89.1%-859.9%191.5%792.3%70.8%31.6%121.6%152.8%267.6%121.4%86.9%100.8%
%0.4%3.3%4.8%4.1%2.8%2.2%1.5%4.7%4.1%5.8%1.6%4.2%4.0%
 
EBITDA22,50213,82049,4639,00131,47420,97158,98510,90637,89834,89277,6409,533-
EPS67.1円67.1円67.1円69.3円69.3円69.3円69.3円112.2円112.2円112.2円112.2円112.2円113.1円
BPS968.2円1,011.3円1,030.0円1,046.3円1,077.1円1,051.6円1,066.1円1,077.8円1,096.8円1,136.9円1,123.9円1,148.3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)600,000600,000600,000650,000650,000650,000650,000700,000700,000700,000700,000697,000697,000
対実績比49.2%75.9%101.0%24.6%49.3%76.2%100.5%24.1%48.3%73.4%97.7%23.6%-
営業利益(期初予)24,00024,00024,00030,00030,00030,00030,00035,00035,00035,00035,00040,00040,000
対実績比29.5%57.6%71.2%30.0%50.6%69.9%84.3%31.2%60.6%99.7%117.8%23.8%-
純利益(期初予)15,50015,50015,50021,00021,00021,00021,00025,00025,00025,00025,00028,00028,000
対実績比25.8%60.3%107.2%31.3%52.8%70.8%81.7%32.0%59.5%100.0%111.2%24.8%-
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669円823円919円975円969円868円1,038円865円778円834円842円878円-
企業価値418,218462,229490,335494,359491,675463,385509,336460,700472,438486,303482,231500,732-
時価総額165,642203,771227,539241,403239,917214,909256,999214,165192,624206,489208,469217,382-
純有利子負債258,458262,796252,956251,758248,476252,337246,535252,535279,814279,237273,762283,350-
PER(会予)10.7倍19.4倍21.7倍11.5倍11.4倍14.3倍17.1倍8.6倍7.7倍8.3倍7.4倍7.8倍-
PBR0.7倍0.9倍0.9倍0.9倍0.9倍0.8倍1.0倍0.8倍0.7倍0.8倍0.7倍0.8倍-
PER × PBR7.4倍16.5倍19.7倍10.9倍10.6倍11.5倍16.9倍7.0倍5.5倍6.3倍5.6倍5.9倍-
EV/EBITDA(会予)7.6倍9.6倍10.2倍7.9倍7.9倍8.4倍9.2倍6.7倍6.9倍7.1倍6.2倍6.6倍-
PSR(会予)0.3倍0.3倍0.4倍0.4倍0.4倍0.3倍0.4倍0.3倍0.3倍0.3倍0.3倍0.3倍-
PCFR(会予)3.6倍4.9倍5.5倍4.5倍4.5倍4.5倍5.4倍3.6倍3.3倍3.5倍3.2倍3.4倍-
配当金--12.0円---14.0円---20.0円-24.0円
配当利回り1.8%1.5%1.3%1.2%1.2%1.4%1.2%1.6%1.8%1.7%2.4%2.3%-
配当性向--17.9%---20.2%---17.8%--
自己資本配当率1.2%1.2%1.2%1.3%1.3%1.3%1.3%1.9%1.8%1.8%1.8%1.7%-
ROE6.9%6.6%6.5%6.6%6.4%6.6%6.5%10.4%10.2%9.9%10.0%9.8%-
純利益率(再掲)1.4%2.1%2.7%4.1%3.5%3.0%2.6%4.7%4.4%4.9%4.1%4.2%-
総資産回転率0.8回0.8回0.8回0.9回0.9回0.8回0.8回0.9回0.9回0.8回0.8回0.8回-
財務レバレッジ3.0倍3.0倍2.9倍2.9倍2.9倍3.0倍2.9倍2.9倍2.9倍2.9倍2.9倍2.9倍-
実質ROE6.6%6.3%6.2%6.3%6.2%6.3%6.2%10.0%9.8%9.5%9.6%9.4%-
ROIC2.1%2.0%2.1%3.4%3.3%3.3%3.3%5.2%4.9%4.8%4.8%4.7%-
ROA2.3%2.2%2.2%2.3%2.2%2.2%2.2%3.6%3.5%3.4%3.4%3.4%-
β0.420.500.480.500.490.500.470.480.520.530.380.34-
βの決定係数(R2)0.100.130.120.110.110.130.120.130.150.160.090.09-
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24,38627,73728,10825,07129,64931,63631,02227,51430,79433,95340,01440,063-
売上債権176,427186,520185,145187,351189,528200,475194,762198,049190,806207,966192,230190,050-
棚卸資産44,09143,84345,91445,81546,06747,87748,90550,70949,78648,96249,95952,672-
有価証券-------------
前払金-------------
繰延税金資産3,7432,4663,725----------
貸倒引当金-696-644-646-702-734-746-736-763-755-687-667-631-
流動資産254,535267,290265,062263,934270,483285,998280,134282,031278,606299,344289,727290,167-
固定資産
建物・構築物225,975227,000228,548228,536237,989238,593239,284241,292246,987248,644257,002257,203-
機械・運搬具460,424467,053474,597475,077484,036481,223485,147488,856507,859509,587520,276520,745-
土地108,527108,465107,374107,059112,142112,227113,958114,002115,300115,407116,926116,724-
建設仮勘定10,8257,6666,3346,7975,4038,0787,2808,2107,9678,8157,44410,116-
有形固定資産305,413304,917309,706307,354315,967317,410319,962324,114336,234335,142350,584349,111-
のれん10,63410,3999,7238,7749,5379,5379,0798,82228,89329,48021,27320,757-
無形固定資産24,40824,26523,82121,90323,19523,10222,43021,12540,77341,13838,42537,616-
投資有価証券123,832131,795126,687127,492132,113119,566123,745118,429121,848124,992120,113126,595-
繰延税金資産7817061,5321,2631,4501,3631,403------
貸倒引当金-1,102-1,088-987-983-1,081-1,171-1,138-1,123-1,070-1,111-1,081-1,071-
敷金および保証金-------------
投資その他の資産144,094153,100149,110149,273154,945142,474146,828139,207142,983145,606141,372147,517-
固定資産473,916482,284482,637478,531494,108482,987489,221484,446519,992521,887530,381534,245-
総資産728,451749,575747,700742,466764,591768,986769,355766,478798,598821,231820,109824,413-
 
負債
有利子負債合計282,844290,533281,064276,829278,125283,973277,557280,049310,608313,190313,776323,413-
仕入債務109,151113,123111,837109,071115,989127,259124,231119,054110,792119,205110,888107,390-
前受金-------------
未払法人税等3,1511,5553,4171,7214,9292,6885,4212,1916,6065,8809,5011,886-
繰延税金負債(固定)19,60721,93517,63319,32320,77517,77717,223------
負債480,614491,904485,119475,888487,263498,012494,658488,326515,959528,601531,289529,690-
 
純資産
資本金31,06631,06631,06631,06631,06631,06631,06631,06631,06631,06631,06631,066-
資本剰余金34,26333,59333,58633,58533,69933,66233,65733,65833,42733,41933,38833,323-
利益剰余金144,090148,001155,268160,353164,853167,148169,587175,379182,249190,386193,183197,174-
自己株式-11,937-11,938-11,940-11,940-11,941-11,942-11,943-11,943-11,944-11,944-11,945-11,945-
非支配株主持分8,1127,2867,5657,51210,65410,60410,74911,30011,09311,13510,56510,428-
純資産247,836257,670262,580266,577277,328270,974274,697278,151282,639292,630288,820294,722-
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7,12014,61523,3669,57116,14821,68525,07511,57621,45736,11241,0909,743-
減価償却費14,631-30,776-15,481-32,259-16,223-35,076--
のれん償却額789-1,605-827-1,434-453-1,337--
減損損失00611-00646-00279--
受取利息及び受取配当金-1,115--2,185--1,225--2,254--1,304--2,402--
売上債権の増減額-12,178--19,897--3,737--8,531-5,975-6,419--
棚卸資産の増減額-3,965--5,388--405--3,117-106-627--
仕入債務の増減額13,033-15,278--1,140-6,082--14,075--15,809--
営業CF14,306-31,249-26,556-50,857-24,035-61,079--
投資CF
有価証券の取得-7290-9310-2490-1,5140-2,1930-4010-
有価証券の売却・償還506,439031038505501,4470-
固定資産の購入-21,9860-37,1680-20,6780-39,0330-18,6660-37,8430-
固定資産の売却1,21703,94802840742015702800-
貸付け-10--84--16--387--4--6--
貸付金の回収59-146-63-248-44-221--
投資CF-22,075--28,658--18,953--38,685--52,311--78,267--
財務CF
短期借入金の純増減額12,528-8,177--3,702--10,111-39,626--3,562--
長期借入れ14,122-29,812-20,949-31,281-8,529-45,822--
長期借入金の返済-19,932--43,546--14,836--29,697--6,492--19,595--
社債の発行--10,000---10,000---20,000--
社債の償還-15--30--5,015--5,025--10,010--10,240--
自己株式の取得-1--3--1--3--1--1--
自己株式の売却0-0---0-0-0--
配当金の支払-1,485--2,971--1,485--2,971--1,980--3,961--
財務CF3,736--3,182--5,717--9,412-28,086-24,280--
換算差額-373-123--184--98--213-625--
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額--41,527---36,512018,666038,7000-
研究開発費------1,531---1,593--
発行済株式総数247,595,824株247,594,472株247,592,929株247,592,217株247,591,097株247,590,396株247,589,657株247,589,099株247,588,491株247,587,883株247,587,478株247,587,217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--16,532人---16,968人---18,902人--
売上/従業員(千円)--36,639---38,491---36,175--
営利/従業員(千円)--1,033---1,491---2,181--