通期売上(百万円)
売上5y CAGR・予想:9.4 %
通期利益(百万円)
営利 CAGR・実績:N/A %
純利 CAGR・実績:N/A %
P/L
2017.122018.122019.122020.12E
売上780,387992,136906,454810,000
前期比116.3%127.1%91.4%89.4%
売上原価602,888705,003671,157-
売上総利益177,498287,133235,297-
%22.7%28.9%26.0%-
販管費99,790107,130114,499-
営業利益77,708180,003120,79850,000
前期比184.8%231.6%67.1%41.4%
%10.0%18.1%13.3%6.2%
受取利息および受取配当金1,8932,3542,568-
持分法による投資利益-1,253748-
営業外収益4,4416,2216,196-
支払利息3,1002,9832,255-
持分法による投資損失7,689---
営業外費用18,2987,4207,701-
経常利益63,851178,804119,29347,000
固定資産売却益899203701-
投資有価証券売却益4081,5211,743-
特別利益8,6322,1002,930-
固定資産売却損----
投資有価証券売却損----
減損損失7,20422,57315,662-
特別損失21,95235,39524,340-
税引前利益50,531145,50997,883-
法人税等10,81428,75622,582-
%21.4%19.8%23.1%-
当期純利益39,717116,75275,300-
非支配株主に帰属する当期純利益2,3135,2492,212-
親会社株主に帰属する当期純利益37,404111,50373,08815,000
前期比304.0%298.1%65.5%20.5%
%4.8%11.2%8.1%1.9%
 
EBITDA116,273219,462158,600-
EPS262.4円764.4円501.0円617.0円
BPS2,473.1円3,057.2円3,423.2円-
期初会社予想
2017.122018.122019.122020.12E
売上高(期初予)745,000900,0001,100,000810,000
対実績比104.7%110.2%82.4%-
営業利益(期初予)54,500110,000190,00050,000
対実績比142.6%163.6%63.6%-
純利益(期初予)25,00065,000120,00015,000
対実績比149.6%171.5%60.9%-
配当
ROEデュポン分解
β
マルチプル
2017.122018.122019.122020.12E
株価4,815円3,270円2,899円-
企業価値948,013678,335607,789-
時価総額686,257485,674422,893-
純有利子負債269,477174,782176,438-
PER(会予)32.7倍4.2倍4.7倍-
PBR2.1倍1.0倍0.8倍-
PER × PBR69.3倍4.4倍4.0倍-
EV/EBITDA(会予)8.7倍3.3倍3.3倍-
PSR(会予)0.9倍0.5倍0.4倍-
PCFR(会予)11.5倍3.2倍3.3倍-
配当金80.0円120.0円130.0円130.0円
配当利回り0.0%2.4%4.1%-
配当性向30.5%15.7%25.9%-
自己資本配当率3.2%3.9%3.8%-
ROE10.6%25.0%14.6%-
純利益率(再掲)4.8%11.2%8.1%-
総資産回転率0.8回0.9回0.8回-
財務レバレッジ2.9倍2.4倍2.2倍-
実質ROE10.3%24.4%14.3%-
ROIC9.6%20.6%12.3%-
ROA3.6%10.4%6.8%-
β1.191.481.54-
βの決定係数(R2)0.370.380.41-
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77,248113,186122,086-
売上債権176,021203,730170,293-
棚卸資産114,913152,800173,667-
有価証券----
前払金----
繰延税金資産6,8983,747--
貸倒引当金-2,849-1,386-754-
流動資産407,194496,533497,057-
固定資産
建物・構築物85,93078,77779,781-
機械・運搬具151,634146,764140,681-
土地244,713234,987226,362-
建設仮勘定16,54811,10618,794-
有形固定資産505,933478,406473,168-
のれん----
無形固定資産12,81714,95022,650-
投資有価証券89,16771,88671,786-
繰延税金資産1,0804,5743,381-
貸倒引当金-10,229-8,332-8,125-
敷金および保証金----
投資その他の資産101,05485,09483,506-
固定資産619,805578,450579,325-
総資産1,026,9991,074,9831,076,381-
 
負債
有利子負債合計346,725287,968298,524-
仕入債務120,762139,420117,510-
前受金----
未払法人税等----
繰延税金負債(固定)12,8806,0277,950-
負債658,005609,643556,949-
 
純資産
資本金140,564140,564140,564-
資本剰余金61,66378,91178,912-
利益剰余金100,076197,717249,246-
自己株式-10,503-11,659-11,664-
非支配株主持分16,52419,37720,067-
純資産368,994465,340519,433-
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50,531145,50997,883-
減価償却費38,56539,45937,704-
のれん償却額--98-
減損損失7,20422,57315,662-
受取利息及び受取配当金-1,893-2,354-2,568-
売上債権の増減額-23,253-29,58333,489-
棚卸資産の増減額-12,005-40,469-21,585-
仕入債務の増減額10,17220,397-21,898-
営業CF67,235149,78578,554-
投資CF
有価証券の取得-1,646-703-864-
有価証券の売却・償還15,0863,9755,677-
固定資産の購入-38,872-41,269-40,708-
固定資産の売却1,0673921,251-
貸付け-1,045-2,950-558-
貸付金の回収609672289-
投資CF-29,866-49,338-48,156-
財務CF
短期借入金の純増減額19,921-24,507-9,545-
長期借入れ22,32833,20664,396-
長期借入金の返済-44,813-81,559-47,206-
社債の発行--20,000-
社債の償還-10,000---
自己株式の取得-12-10,016-9-
自己株式の売却-26,1040-
配当金の支払-4,277-10,084-21,861-
財務CF-18,370-61,061-18,546-
換算差額953-3,231-2,388-
その他
2017.122018.122019.122020.12E
設備投資額41,78741,72750,216-
研究開発費--20,605-
発行済株式総数142,523,747株145,874,928株145,874,963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10,864人10,476人10,813人-
売上/従業員(千円)71,83294,70683,830-
営利/従業員(千円)7,15317,18211,172-
四半期売上(百万円)
売上5y CAGR・予想:9.4 %
四半期利益(百万円)
営利 CAGR・実績:N/A %
純利 CAGR・実績:N/A %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上563,813780,387214,694455,845724,938992,136234,727475,494695,575906,454171,734326,621960,000
前期比116.4%116.3%117.2%122.5%128.6%127.1%109.3%104.3%95.9%91.4%73.2%68.7%105.9%
売上原価436,360602,888155,251325,108510,569705,003162,888334,836502,653671,157142,619296,724-
売上総利益127,453177,49859,443130,736214,368287,13371,839140,658192,922235,29729,11529,897-
%22.6%22.7%27.7%28.7%29.6%28.9%30.6%29.6%27.7%26.0%17.0%9.2%-
販管費71,50999,79025,16552,87179,873107,13026,46355,18783,609114,49926,64555,692-
営業利益55,94477,70834,27777,865134,495180,00345,37685,471109,313120,7982,469-25,795-30,000
前期比219.6%184.8%174.0%222.3%240.4%231.6%132.4%109.8%81.3%67.1%5.4%-30.2%-24.8%
%9.9%10.0%16.0%17.1%18.6%18.1%19.3%18.0%15.7%13.3%1.4%--3.1%
受取利息および受取配当金1,1921,8935131,0801,6112,3546061,2811,8122,5685301,036-
持分法による投資利益--5635949741,253-540228748417436-
営業外収益3,1804,4412,3773,4534,9506,2211,4523,0813,7926,1962,4053,144-
支払利息2,2073,1008121,5612,3472,9835791,1111,7612,2554541,973-
持分法による投資損失8,4667,689----499------
営業外費用16,74318,2983,9883,7465,2607,4202,6463,7225,5177,7011,65320,573-
経常利益42,38163,85132,66777,572134,185178,80444,18284,830107,587119,2933,221-43,225-55,000
固定資産売却益13489929718320354996537011,5391,567-
投資有価証券売却益236408-2812811,5212911,1891,3411,743---
特別利益3758,632305215372,1002971,8102,1542,9301,7432,086-
固定資産売却損-------------
投資有価証券売却損-------------
減損損失-7,204-599022,573-1,1401,28915,662---
特別損失9,82421,9528972,0193,07135,3957083,0074,28424,3401,5128,460-
税引前利益32,93250,53131,79976,073131,652145,50943,77183,633105,45797,8833,452-49,598-
法人税等7,88010,8145,73015,21727,91028,7569,49816,16722,17322,582-3281,709-
%23.9%21.4%18.0%20.0%21.2%19.8%21.7%19.3%21.0%23.1%-9.5%-3.4%-
当期純利益25,05239,71726,06960,857103,742116,75234,27367,46683,28575,3003,780-51,308-
非支配株主に帰属する当期純利益1,6152,3131,4102,9074,4705,2491,1991,6532,3222,2121,0813,267-
親会社株主に帰属する当期純利益23,43737,40424,65957,94999,272111,50333,07465,81380,96373,0882,699-54,575-90,000
前期比203.1%304.0%169.4%739.4%423.6%298.1%134.1%113.6%81.6%65.5%8.2%-82.9%-123.1%
%4.2%4.8%11.5%12.7%13.7%11.2%14.1%13.8%11.6%8.1%1.6%--9.4%
 
EBITDA55,944116,27334,27797,837134,495219,46245,376104,069109,313158,6002,469--
EPS262.4円262.4円750.7円750.7円750.7円764.4円501.0円501.0円501.0円501.0円501.0円501.0円0.0円
BPS2,272.2円2,473.1円2,569.8円2,815.3円3,116.7円3,057.2円3,204.3円3,366.4円3,414.6円3,423.2円3,249.6円2,890.7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)745,000745,000900,000900,000900,000900,0001,100,0001,100,0001,100,0001,100,000810,000810,000960,000
対実績比75.7%104.7%23.9%50.6%80.5%110.2%21.3%43.2%63.2%82.4%21.2%40.3%-
営業利益(期初予)54,50054,500110,000110,000110,000110,000190,000190,000190,000190,00050,00050,000-30,000
対実績比102.6%142.6%31.2%70.8%122.3%163.6%23.9%45.0%57.5%63.6%4.9%-51.6%-
純利益(期初予)25,00025,00065,00065,00065,00065,000120,000120,000120,000120,00015,00015,000-90,000
対実績比93.7%149.6%37.9%89.2%152.7%171.5%27.6%54.8%67.5%60.9%18.0%-363.8%-
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3,505円4,815円4,500円4,920円6,270円3,270円3,890円3,170円2,825円2,899円2,237円2,416円-
企業価値771,569948,013910,834977,9401,163,070678,335742,235654,993596,994607,789535,9571,151,455-
時価総額499,554686,257641,357730,732931,250485,674567,453462,422412,098422,893326,322352,454-
純有利子負債261,756269,477247,208231,820192,661174,782192,571172,444184,896176,438209,635799,001-
PER(会予)23.8倍32.7倍9.9倍8.6倍8.1倍4.2倍4.7倍3.9倍4.6倍4.7倍21.8倍--
PBR1.7倍2.1倍1.8倍1.9倍2.2倍1.0倍1.3倍1.0倍0.8倍0.8倍0.7倍0.8倍-
PER × PBR39.3倍69.3倍18.0倍16.5倍18.0倍4.4倍6.0倍3.8倍3.8倍4.0倍15.0倍--
EV/EBITDA(会予)7.8倍8.7倍6.1倍5.6倍5.6倍3.3倍3.2倍2.9倍3.2倍3.3倍6.1倍--
PSR(会予)0.7倍0.9倍0.7倍0.8倍0.9倍0.5倍0.5倍0.4倍0.4倍0.4倍0.4倍--
PCFR(会予)8.4倍11.5倍6.2倍5.9倍6.1倍3.2倍3.6倍2.9倍3.2倍3.3倍6.2倍9.3倍-
配当金-80.0円---120.0円---130.0円--0.0円
配当利回り0.0%0.0%1.8%1.6%1.3%2.4%3.1%3.8%4.2%4.1%5.8%5.4%-
配当性向-30.5%---15.7%---25.9%---
自己資本配当率3.5%3.2%4.7%4.3%3.9%3.9%4.1%3.9%3.8%3.8%4.0%4.5%-
ROE11.6%10.6%29.2%26.7%24.1%25.0%15.6%14.9%14.7%14.6%15.4%17.3%-
純利益率(再掲)4.2%4.8%11.5%12.7%13.7%11.2%14.1%13.8%11.6%8.1%1.6%--
総資産回転率0.8回0.8回1.0回0.9回0.9回0.9回0.8回0.8回0.8回0.8回0.9回0.4回-
財務レバレッジ3.0倍2.9倍2.7倍2.5倍2.5倍2.4倍2.3倍2.2倍2.1倍2.2倍2.2倍5.0倍-
実質ROE11.2%10.3%29.1%26.6%24.0%24.4%15.3%14.5%14.3%14.3%15.0%16.9%-
ROIC9.9%9.6%21.3%20.5%19.1%20.6%12.9%12.6%12.2%12.3%12.3%6.9%-
ROA3.9%3.6%11.0%10.6%9.7%10.4%6.7%6.8%6.8%6.8%7.0%3.5%-
β1.141.191.201.201.281.481.521.541.561.541.431.34-
βの決定係数(R2)0.400.370.380.280.290.380.390.400.420.410.400.39-
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89,29177,24882,74589,278138,208113,186103,677113,767119,675122,086115,489198,637-
売上債権151,087176,021162,869186,073213,578203,730196,092183,430162,314170,293152,826248,287-
棚卸資産96,982114,913125,751127,737148,937152,800171,294170,060174,382173,667187,414239,591-
有価証券-------------
前払金-------------
繰延税金資産-6,898---3,747-------
貸倒引当金-2,174-2,849-2,701-2,338-2,323-1,386-1,484-980-857-754-729-2,023-
流動資産373,777407,194408,211444,055537,920496,533497,923497,727483,260497,057485,120745,607-
固定資産
建物・構築物79,36385,93084,29984,57484,59678,77780,51579,38080,18179,78177,264142,836-
機械・運搬具130,860151,634147,829153,291154,890146,764144,351141,699139,526140,681136,825221,467-
土地242,713244,713244,909244,911244,877234,987237,474236,665236,755226,362225,306248,227-
建設仮勘定-16,548---11,106---18,794---
有形固定資産484,694505,933500,617502,761502,981478,406483,775480,114482,405473,168472,198715,254-
のれん-----------482,238-
無形固定資産11,87012,81713,13713,26414,25814,95015,71516,67322,13822,65022,737512,524-
投資有価証券80,13689,16786,69284,98583,30471,88673,36469,92670,38171,78657,33682,670-
繰延税金資産-1,080---4,574---3,381---
貸倒引当金-9,882-10,229-9,715-10,089-9,915-8,332-8,342-7,984-7,866-8,125-7,964-7,927-
敷金および保証金-------------
投資その他の資産94,785101,05495,96995,72793,82285,09486,45683,29281,38283,50671,525132,912-
固定資産591,349619,805609,723611,752611,061578,450585,946580,080585,926579,325566,4601,360,690-
総資産965,1261,026,9991,017,9341,055,8071,148,9811,074,9831,083,8691,077,8071,069,1851,076,3811,051,5802,106,297-
 
負債
有利子負債合計351,047346,725329,953321,098330,869287,968296,248286,211304,571298,524325,124997,638-
仕入債務111,365120,762120,764132,065148,108139,420133,815125,661107,557117,510103,005153,883-
前受金-------------
未払法人税等---11,08014,962-15,25414,578-----
繰延税金負債(固定)-12,880---6,027---7,950---
負債625,459658,005620,004620,241667,031609,643596,838566,986550,860556,949557,9331,378,795-
 
純資産
資本金140,564140,564140,564140,564140,564140,564140,564140,564140,564140,564140,564140,564-
資本剰余金61,66361,66378,91178,91178,91178,91178,91178,91278,91278,91278,91278,912-
利益剰余金84,665100,076113,762147,142189,235197,717216,326249,348257,123249,246240,739183,465-
自己株式-10,499-10,503-1,652-1,651-1,655-11,659-11,661-11,661-11,663-11,664-11,665-11,655-
非支配株主持分15,82916,52416,25717,42319,04619,37719,61319,74520,22420,06719,610305,795-
純資産339,668368,994397,930435,566481,949465,340487,031510,822518,326519,433493,647727,501-
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32,93250,53131,79976,073131,652145,50943,77183,633105,45797,8833,452-49,598-
減価償却費-38,565-19,972-39,459-18,598-37,704-19,429-
のれん償却額---------98-107-
減損損失-7,204-599022,573-1,1401,28915,662---
受取利息及び受取配当金--1,893--1,080--2,354--1,281--2,568--1,036-
売上債権の増減額--23,253--11,682--29,583-19,117-33,489-37,799-
棚卸資産の増減額--12,005--14,465--40,469--19,442--21,585-20,906-
仕入債務の増減額-10,172-12,785-20,397--12,978--21,898--32,029-
営業CF-67,235-52,176-149,785-40,494-78,554-5,169-
投資CF
有価証券の取得0-1,6460-6700-7030-5610-8640-14-
有価証券の売却・償還015,08602,45203,97504,04505,67701,466-
固定資産の購入0-38,8720-20,9440-41,2690-19,1660-40,7080-25,958-
固定資産の売却01,0670134039201,02901,25105,443-
貸付け--1,045--465--2,950--24--558--85-
貸付金の回収-609-113-672-42-289-36-
投資CF--29,866--25,525--49,338--17,865--48,156--792,565-
財務CF
短期借入金の純増減額-19,921--8,533--24,507--10,075--9,545--5,556-
長期借入れ-22,328-12,584-33,206-19,800-64,396-581,404-
長期借入金の返済--44,813--35,513--81,559--18,948--47,206--17,379-
社債の発行-------20,000-20,000---
社債の償還--10,000-----------
自己株式の取得--12--9--10,016--4--9--1-
自己株式の売却---26,104-26,104-3-0-1-
配当金の支払--4,277--7,108--10,084--14,560--21,861--11,654-
財務CF--18,370--12,881--61,061--18,703--18,546-864,740-
換算差額-953--1,850--3,231--3,348--2,388--1,577-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額041,787020,944041,727019,166050,216025,958-
研究開発費---------20,605---
発行済株式総数142,524,746株142,523,747株148,522,815株148,524,737株148,524,025株145,874,928株145,874,364株145,876,218株145,875,519株145,874,963株145,874,820株145,883,464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-10,864人---10,476人---10,813人---
売上/従業員(千円)-71,832---94,706---83,830---
営利/従業員(千円)-7,153---17,182---11,172---
四半期売上(百万円)
売上5y CAGR・予想:9.4 %
四半期利益(百万円)
営利 CAGR・実績:N/A %
純利 CAGR・実績:N/A %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上191,620216,574214,694241,151269,093267,198234,727240,767220,081210,879171,734154,887960,000
前期比115.6%116.0%117.2%127.6%140.4%123.4%109.3%99.8%81.8%78.9%73.2%64.3%105.9%
売上原価146,464166,528155,251169,857185,461194,434162,888171,948167,817168,504142,619154,105-
売上総利益45,15650,04559,44371,29383,63272,76571,83968,81952,26442,37529,115782-
%23.6%23.1%27.7%29.6%31.1%27.2%30.6%28.6%23.7%20.1%17.0%0.5%-
販管費24,23928,28125,16527,70627,00227,25726,46328,72428,42230,89026,64529,047-
営業利益20,91721,76434,27743,58856,63045,50845,37640,09523,84211,4852,469-28,264-30,000
前期比150.4%131.3%174.0%284.3%270.7%209.1%132.4%92.0%42.1%25.2%5.4%-70.5%-24.8%
%10.9%10.0%16.0%18.1%21.0%17.0%19.3%16.7%10.8%5.4%1.4%-18.2%-3.1%
受取利息および受取配当金005130006060005300-
持分法による投資利益0056331380279-540-31252041719-
営業外収益8021,2612,3771,0761,4971,2711,4521,6297112,4042,405739-
支払利息7538938127497866365795326504944541,519-
持分法による投資損失-262-777-000499-49900-0-
営業外費用1,5761,5553,988-2421,5142,1602,6461,0761,7952,1841,65318,920-
経常利益20,14321,47032,66744,90556,61344,61944,18240,64822,75711,7063,221-46,446-55,000
固定資産売却益737652942121205494154481,53928-
投資有価証券売却益71172-28101,240291898152402-0-
特別利益1458,25730491161,5632971,5133447761,743343-
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07,204-593122,483-1,14014914,373-0-
特別損失18612,1288971,1221,05232,3247082,2991,27720,0561,5126,948-
税引前利益20,10117,59931,79944,27455,57913,85743,77139,86221,824-7,5743,452-53,050-
法人税等3,6962,9345,7309,48712,6938469,4986,6696,006409-3282,037-
%18.4%16.7%18.0%21.4%22.8%6.1%21.7%16.7%27.5%-5.4%-9.5%-3.8%-
当期純利益16,40514,66526,06934,78842,88513,01034,27333,19315,819-7,9853,780-55,088-
非支配株主に帰属する当期純利益8056981,4101,4971,5637791,199454669-1101,0812,186-
親会社株主に帰属する当期純利益15,60013,96724,65933,29041,32312,23133,07432,73915,150-7,8752,699-57,274-90,000
前期比169.4%1,821.0%169.4%-495.7%264.9%87.6%134.1%98.3%36.7%-64.4%8.2%-174.9%-123.1%
%8.1%6.4%11.5%13.8%15.4%4.6%14.1%13.6%6.9%-3.7%1.6%-37.0%-9.4%
 
EBITDA55,944116,27334,27797,837134,495219,46245,376104,069109,313158,6002,469--
EPS262.4円262.4円750.7円750.7円750.7円764.4円501.0円501.0円501.0円501.0円501.0円501.0円0.0円
BPS2,272.2円2,473.1円2,569.8円2,815.3円3,116.7円3,057.2円3,204.3円3,366.4円3,414.6円3,423.2円3,249.6円2,890.7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)745,000745,000900,000900,000900,000900,0001,100,0001,100,0001,100,0001,100,000810,000810,000960,000
対実績比75.7%104.7%23.9%50.6%80.5%110.2%21.3%43.2%63.2%82.4%21.2%40.3%-
営業利益(期初予)54,50054,500110,000110,000110,000110,000190,000190,000190,000190,00050,00050,000-30,000
対実績比102.6%142.6%31.2%70.8%122.3%163.6%23.9%45.0%57.5%63.6%4.9%-51.6%-
純利益(期初予)25,00025,00065,00065,00065,00065,000120,000120,000120,000120,00015,00015,000-90,000
対実績比93.7%149.6%37.9%89.2%152.7%171.5%27.6%54.8%67.5%60.9%18.0%-363.8%-
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3,505円4,815円4,500円4,920円6,270円3,270円3,890円3,170円2,825円2,899円2,237円2,416円-
企業価値771,569948,013910,834977,9401,163,070678,335742,235654,993596,994607,789535,9571,151,455-
時価総額499,554686,257641,357730,732931,250485,674567,453462,422412,098422,893326,322352,454-
純有利子負債261,756269,477247,208231,820192,661174,782192,571172,444184,896176,438209,635799,001-
PER(会予)23.8倍32.7倍9.9倍8.6倍8.1倍4.2倍4.7倍3.9倍4.6倍4.7倍21.8倍--
PBR1.7倍2.1倍1.8倍1.9倍2.2倍1.0倍1.3倍1.0倍0.8倍0.8倍0.7倍0.8倍-
PER × PBR39.3倍69.3倍18.0倍16.5倍18.0倍4.4倍6.0倍3.8倍3.8倍4.0倍15.0倍--
EV/EBITDA(会予)7.8倍8.7倍6.1倍5.6倍5.6倍3.3倍3.2倍2.9倍3.2倍3.3倍6.1倍--
PSR(会予)0.7倍0.9倍0.7倍0.8倍0.9倍0.5倍0.5倍0.4倍0.4倍0.4倍0.4倍--
PCFR(会予)8.4倍11.5倍6.2倍5.9倍6.1倍3.2倍3.6倍2.9倍3.2倍3.3倍6.2倍9.3倍-
配当金-80.0円---120.0円---130.0円--0.0円
配当利回り0.0%0.0%1.8%1.6%1.3%2.4%3.1%3.8%4.2%4.1%5.8%5.4%-
配当性向-30.5%---15.7%---25.9%---
自己資本配当率3.5%3.2%4.7%4.3%3.9%3.9%4.1%3.9%3.8%3.8%4.0%4.5%-
ROE11.6%10.6%29.2%26.7%24.1%25.0%15.6%14.9%14.7%14.6%15.4%17.3%-
純利益率(再掲)4.2%4.8%11.5%12.7%13.7%11.2%14.1%13.8%11.6%8.1%1.6%--
総資産回転率0.8回0.8回1.0回0.9回0.9回0.9回0.8回0.8回0.8回0.8回0.9回0.4回-
財務レバレッジ3.0倍2.9倍2.7倍2.5倍2.5倍2.4倍2.3倍2.2倍2.1倍2.2倍2.2倍5.0倍-
実質ROE11.2%10.3%29.1%26.6%24.0%24.4%15.3%14.5%14.3%14.3%15.0%16.9%-
ROIC9.9%9.6%21.3%20.5%19.1%20.6%12.9%12.6%12.2%12.3%12.3%6.9%-
ROA3.9%3.6%11.0%10.6%9.7%10.4%6.7%6.8%6.8%6.8%7.0%3.5%-
β1.141.191.201.201.281.481.521.541.561.541.431.34-
βの決定係数(R2)0.400.370.380.280.290.380.390.400.420.410.400.39-
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89,29177,24882,74589,278138,208113,186103,677113,767119,675122,086115,489198,637-
売上債権151,087176,021162,869186,073213,578203,730196,092183,430162,314170,293152,826248,287-
棚卸資産96,982114,913125,751127,737148,937152,800171,294170,060174,382173,667187,414239,591-
有価証券-------------
前払金-------------
繰延税金資産-6,898---3,747-------
貸倒引当金-2,174-2,849-2,701-2,338-2,323-1,386-1,484-980-857-754-729-2,023-
流動資産373,777407,194408,211444,055537,920496,533497,923497,727483,260497,057485,120745,607-
固定資産
建物・構築物79,36385,93084,29984,57484,59678,77780,51579,38080,18179,78177,264142,836-
機械・運搬具130,860151,634147,829153,291154,890146,764144,351141,699139,526140,681136,825221,467-
土地242,713244,713244,909244,911244,877234,987237,474236,665236,755226,362225,306248,227-
建設仮勘定-16,548---11,106---18,794---
有形固定資産484,694505,933500,617502,761502,981478,406483,775480,114482,405473,168472,198715,254-
のれん-----------482,238-
無形固定資産11,87012,81713,13713,26414,25814,95015,71516,67322,13822,65022,737512,524-
投資有価証券80,13689,16786,69284,98583,30471,88673,36469,92670,38171,78657,33682,670-
繰延税金資産-1,080---4,574---3,381---
貸倒引当金-9,882-10,229-9,715-10,089-9,915-8,332-8,342-7,984-7,866-8,125-7,964-7,927-
敷金および保証金-------------
投資その他の資産94,785101,05495,96995,72793,82285,09486,45683,29281,38283,50671,525132,912-
固定資産591,349619,805609,723611,752611,061578,450585,946580,080585,926579,325566,4601,360,690-
総資産965,1261,026,9991,017,9341,055,8071,148,9811,074,9831,083,8691,077,8071,069,1851,076,3811,051,5802,106,297-
 
負債
有利子負債合計351,047346,725329,953321,098330,869287,968296,248286,211304,571298,524325,124997,638-
仕入債務111,365120,762120,764132,065148,108139,420133,815125,661107,557117,510103,005153,883-
前受金-------------
未払法人税等---11,08014,962-15,25414,578-----
繰延税金負債(固定)-12,880---6,027---7,950---
負債625,459658,005620,004620,241667,031609,643596,838566,986550,860556,949557,9331,378,795-
 
純資産
資本金140,564140,564140,564140,564140,564140,564140,564140,564140,564140,564140,564140,564-
資本剰余金61,66361,66378,91178,91178,91178,91178,91178,91278,91278,91278,91278,912-
利益剰余金84,665100,076113,762147,142189,235197,717216,326249,348257,123249,246240,739183,465-
自己株式-10,499-10,503-1,652-1,651-1,655-11,659-11,661-11,661-11,663-11,664-11,665-11,655-
非支配株主持分15,82916,52416,25717,42319,04619,37719,61319,74520,22420,06719,610305,795-
純資産339,668368,994397,930435,566481,949465,340487,031510,822518,326519,433493,647727,501-
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32,93250,53131,79976,073131,652145,50943,77183,633105,45797,8833,452-49,598-
減価償却費-38,565-19,972-39,459-18,598-37,704-19,429-
のれん償却額---------98-107-
減損損失07,204-593122,483-1,14014914,373-0-
受取利息及び受取配当金--1,893--1,080--2,354--1,281--2,568--1,036-
売上債権の増減額--23,253--11,682--29,583-19,117-33,489-37,799-
棚卸資産の増減額--12,005--14,465--40,469--19,442--21,585-20,906-
仕入債務の増減額-10,172-12,785-20,397--12,978--21,898--32,029-
営業CF-67,235-52,176-149,785-40,494-78,554-5,169-
投資CF
有価証券の取得0-1,6460-6700-7030-5610-8640-14-
有価証券の売却・償還015,08602,45203,97504,04505,67701,466-
固定資産の購入0-38,8720-20,9440-41,2690-19,1660-40,7080-25,958-
固定資産の売却01,0670134039201,02901,25105,443-
貸付け--1,045--465--2,950--24--558--85-
貸付金の回収-609-113-672-42-289-36-
投資CF--29,866--25,525--49,338--17,865--48,156--792,565-
財務CF
短期借入金の純増減額-19,921--8,533--24,507--10,075--9,545--5,556-
長期借入れ-22,328-12,584-33,206-19,800-64,396-581,404-
長期借入金の返済--44,813--35,513--81,559--18,948--47,206--17,379-
社債の発行-------20,000-20,000---
社債の償還--10,000-----------
自己株式の取得--12--9--10,016--4--9--1-
自己株式の売却---26,104-26,104-3-0-1-
配当金の支払--4,277--7,108--10,084--14,560--21,861--11,654-
財務CF--18,370--12,881--61,061--18,703--18,546-864,740-
換算差額-953--1,850--3,231--3,348--2,388--1,577-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額041,787020,944041,727019,166050,216025,958-
研究開発費---------20,605---
発行済株式総数142,524,746株142,523,747株148,522,815株148,524,737株148,524,025株145,874,928株145,874,364株145,876,218株145,875,519株145,874,963株145,874,820株145,883,464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-10,864人---10,476人---10,813人---
売上/従業員(千円)-71,832---94,706---83,830---
営利/従業員(千円)-7,153---17,182---11,172---