通期売上(百万円)
売上5y CAGR・予想:-0.2 %
通期利益(百万円)
営利5y CAGR・予想:4.7 %
純利5y CAGR・予想:3.7 %
P/L
2018.32019.32020.32021.3E
売上395,629413,128380,803360,000
前期比109.1%104.4%92.2%94.5%
売上原価295,583310,839281,465-
売上総利益100,046102,28999,338-
%25.3%24.8%26.1%-
販管費66,39468,06067,750-
営業利益33,65234,22831,58731,000
前期比130.2%101.7%92.3%98.1%
%8.5%8.3%8.3%8.6%
受取利息および受取配当金1,6812,3131,551-
持分法による投資利益1,1051,3841,170-
営業外収益3,4884,1933,545-
支払利息707762866-
持分法による投資損失----
営業外費用5,6415,6115,098-
経常利益31,49932,81130,03429,000
固定資産売却益----
投資有価証券売却益-689280-
特別利益-689280-
固定資産売却損----
投資有価証券売却損----
減損損失1,910121479-
特別損失1,9281,1081,303-
税引前利益29,57132,39229,011-
法人税等6,3477,4596,475-
%21.5%23.0%22.3%-
当期純利益23,22424,93322,535-
非支配株主に帰属する当期純利益188-112-167-
親会社株主に帰属する当期純利益23,03525,04622,70321,000
前期比126.9%108.7%90.6%92.5%
%5.8%6.1%6.0%5.8%
 
EBITDA58,25057,17354,069-
EPS262.9円288.1円263.2円255.1円
BPS2,727.9円2,839.2円2,906.9円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)400,000410,000415,000360,000
対実績比98.9%100.8%91.8%-
営業利益(期初予)30,00036,00038,00031,000
対実績比112.2%95.1%83.1%-
純利益(期初予)21,00025,00027,00021,000
対実績比109.7%100.2%84.1%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価3,565円3,190円2,277円-
企業価値424,333385,507301,555-
時価総額312,422279,548196,388-
純有利子負債94,15498,230105,167-
PER(会予)14.2倍11.2倍8.9倍-
PBR1.3倍1.1倍0.8倍-
PER × PBR18.8倍12.7倍7.0倍-
EV/EBITDA(会予)7.4倍6.4倍5.6倍-
PSR(会予)0.8倍0.7倍0.5倍-
PCFR(会予)6.7倍5.6倍4.4倍-
配当金105.0円120.0円125.0円125.0円
配当利回り2.0%3.3%5.5%-
配当性向39.9%41.7%47.5%-
自己資本配当率2.4%4.2%4.3%-
ROE9.6%10.1%9.1%-
純利益率(再掲)5.8%6.1%6.0%-
総資産回転率0.8回0.9回0.8回-
財務レバレッジ2.0倍2.0倍2.0倍-
実質ROE9.5%9.9%8.8%-
ROIC7.9%7.5%6.5%-
ROA4.9%5.2%4.5%-
β1.031.121.21-
βの決定係数(R2)0.410.460.58-
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14,11513,90229,172-
売上債権95,58395,78085,637-
棚卸資産66,30071,75575,778-
有価証券----
前払金----
繰延税金資産2,338---
貸倒引当金-466-511-293-
流動資産184,129190,730198,452-
固定資産
建物・構築物61,53662,39362,503-
機械・運搬具67,43571,15569,789-
土地63,32363,36663,370-
建設仮勘定13,96817,63429,745-
有形固定資産209,761218,677231,815-
のれん9,3158,3127,544-
無形固定資産13,88012,41511,808-
投資有価証券58,17855,02851,200-
繰延税金資産2,5342,736--
貸倒引当金-139-118-117-
敷金および保証金----
投資その他の資産66,02762,00459,371-
固定資産289,670293,097302,995-
総資産473,799483,827501,448-
 
負債
有利子負債合計108,269112,132134,339-
仕入債務53,62552,92443,005-
前受金----
未払法人税等5,8553,0103,550-
繰延税金負債(固定)5,3184,961--
負債231,019233,346247,434-
 
純資産
資本金36,99836,99836,998-
資本剰余金49,39149,35349,365-
利益剰余金129,278144,638156,857-
自己株式-3,189-5,492-7,593-
非支配株主持分3,7173,6203,294-
純資産242,780250,481254,014-
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29,57132,39229,011-
減価償却費23,86022,43421,972-
のれん償却額738511510-
減損損失1,910121479-
受取利息及び受取配当金-1,681-2,313-1,552-
売上債権の増減額-10,485-3,0369,769-
棚卸資産の増減額-3,424-5,501-4,513-
仕入債務の増減額8,010-2,132-9,609-
営業CF48,77632,66041,954-
投資CF
有価証券の取得-34-58-2,738-
有価証券の売却・償還166946342-
固定資産の購入-25,369-27,458-33,839-
固定資産の売却75025-
貸付け----
貸付金の回収----
投資CF-29,298-26,176-36,303-
財務CF
短期借入金の純増減額-2,2064,14816,007-
長期借入れ-4961,439-
長期借入金の返済-86-616-5,063-
社債の発行7,00015,00015,000-
社債の償還-10,000-15,000-5,000-
自己株式の取得-3,053-2,311-2,108-
自己株式の売却----
配当金の支払----
財務CF-15,858-8,4089,544-
換算差額57-252-123-
その他
2018.32019.32020.32021.3E
設備投資額22,69432,74534,205-
研究開発費-14,56215,031-
発行済株式総数87,635,215株86,948,758株86,248,773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
2018.32019.32020.32021.3E
従業員数5,944人6,133人6,316人-
売上/従業員(千円)66,55967,36160,292-
営利/従業員(千円)5,6625,5815,001-
四半期売上(百万円)
売上5y CAGR・予想:-0.2 %
四半期利益(百万円)
営利5y CAGR・予想:4.7 %
純利5y CAGR・予想:3.7 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上187,843293,130395,62993,969198,348310,284413,12890,884191,953288,655380,80376,233360,000
前期比109.3%109.9%109.1%103.7%105.6%105.9%104.4%96.7%96.8%93.0%92.2%83.9%94.5%
売上原価140,714218,640295,58370,393149,693233,856310,83967,649143,023213,802281,46555,886-
売上総利益47,12974,490100,04623,57548,65576,428102,28923,23548,93074,85399,33820,346-
%25.1%25.4%25.3%25.1%24.5%24.6%24.8%25.6%25.5%25.9%26.1%26.7%-
販管費32,81949,34866,39416,64434,05451,60068,06016,48733,58250,82867,75015,944-
営業利益14,31025,14233,6526,93114,60024,82734,2286,74715,34824,02431,5874,40231,000
前期比145.6%134.0%130.2%107.8%102.0%98.7%101.7%97.3%105.1%96.8%92.3%65.2%98.1%
%7.6%8.6%8.5%7.4%7.4%8.0%8.3%7.4%8.0%8.3%8.3%5.8%8.6%
受取利息および受取配当金1,0271,5701,6811,6631,7682,2152,3137291,0171,4951,551842-
持分法による投資利益1,1011,2411,1051284668371,384663474671,170562-
営業外収益2,8663,9773,4882,3433,1433,5154,1939641,6902,4333,5451,533-
支払利息351530707171354542762217447648866214-
持分法による投資損失-------------
営業外費用1,7263,4975,6411,2662,7764,0815,6111,3452,5043,7395,098924-
経常利益15,45025,62131,4998,00814,96824,26132,8116,36714,53322,71830,0345,01129,000
固定資産売却益-------------
投資有価証券売却益------689---280158-
特別利益------689---280158-
固定資産売却損-------------
投資有価証券売却損-------------
減損損失--1,910---121---479--
特別損失-1,2361,9281176206221,108-5968011,303252-
税引前利益15,45024,38429,5717,89014,34823,63932,3926,36713,93721,91629,0114,917-
法人税等--6,3471,626--7,4591,252--6,475800-
%0.0%0.0%21.5%20.6%0.0%0.0%23.0%19.7%0.0%0.0%22.3%16.3%-
当期純利益12,05218,92023,2246,26411,33218,17724,9335,11510,83816,58222,5354,116-
非支配株主に帰属する当期純利益--2718836-58-245-11296-13-117-167-73-
親会社株主に帰属する当期純利益12,27518,94723,0356,22811,39018,42225,0465,01810,85216,70022,7034,19021,000
前期比200.8%139.8%126.9%103.1%92.8%97.2%108.7%80.6%95.3%90.7%90.6%83.5%92.5%
%6.5%6.5%5.8%6.6%5.7%5.9%6.1%5.5%5.7%5.8%6.0%5.5%5.8%
 
EBITDA26,68625,14258,2506,93125,94624,82757,1736,74726,37524,02454,0694,402-
EPS262.8円262.8円262.9円285.8円285.8円285.8円288.1円261.5円263.2円272.7円263.2円263.2円243.5円
BPS2,638.2円2,692.0円2,727.9円2,735.6円2,799.6円2,806.0円2,839.2円2,822.7円2,866.2円3,001.1円2,906.9円2,906.8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)400,000400,000400,000410,000410,000410,000410,000415,000415,000415,000415,000360,000360,000
対実績比47.0%73.3%98.9%22.9%48.4%75.7%100.8%21.9%46.3%69.6%91.8%21.2%-
営業利益(期初予)30,00030,00030,00036,00036,00036,00036,00038,00038,00038,00038,00031,00031,000
対実績比47.7%83.8%112.2%19.3%40.6%69.0%95.1%17.8%40.4%63.2%83.1%14.2%-
純利益(期初予)21,00021,00021,00025,00025,00025,00025,00027,00027,00027,00027,00021,00021,000
対実績比58.5%90.2%109.7%24.9%45.6%73.7%100.2%18.6%40.2%61.9%84.1%20.0%-
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3,705円4,515円3,565円3,695円3,960円3,110円3,190円3,195円2,971円3,270円2,277円2,637円-
企業価値430,748504,482424,333417,966444,779379,209385,507376,031366,391392,180301,555336,893-
時価総額327,855395,700312,422323,812347,031272,540279,548277,801256,249282,038196,388227,437-
純有利子負債108,782111,91194,15497,748106,669105,95998,23098,723110,142112,476105,167109,456-
PER(会予)15.6倍18.0倍14.2倍13.0倍13.9倍10.9倍11.2倍10.3倍9.5倍11.8倍8.9倍10.8倍-
PBR1.5倍1.7倍1.3倍1.4倍1.4倍1.1倍1.1倍1.1倍1.0倍1.1倍0.8倍0.9倍-
PER × PBR22.6倍30.8倍18.8倍17.5倍20.1倍12.1倍12.7倍11.6倍9.8倍13.4倍7.0倍9.8倍-
EV/EBITDA(会予)7.9倍9.0倍7.4倍6.9倍7.3倍6.3倍6.4倍6.2倍6.0倍6.8倍5.6倍6.3倍-
PSR(会予)0.8倍1.0倍0.8倍0.8倍0.8倍0.7倍0.7倍0.7倍0.6倍0.7倍0.5倍0.6倍-
PCFR(会予)7.2倍8.5倍6.7倍6.5倍7.0倍5.5倍5.6倍5.6倍5.1倍6.0倍4.4倍5.2倍-
配当金--105.0円---120.0円---125.0円-0.0円
配当利回り1.9%1.6%2.0%2.8%2.7%3.4%3.3%3.8%4.0%3.7%5.5%4.7%-
配当性向--39.9%---41.7%---47.5%--
自己資本配当率2.5%2.4%2.4%4.4%4.3%4.3%4.2%4.4%4.4%4.2%4.3%4.3%-
ROE10.0%9.8%9.6%10.4%10.2%10.2%10.1%9.3%9.2%9.1%9.1%9.1%-
純利益率(再掲)6.5%6.5%5.8%6.6%5.7%5.9%6.1%5.5%5.7%5.8%6.0%5.5%-
総資産回転率0.8回0.8回0.8回0.9回0.9回0.8回0.9回0.8回0.8回0.8回0.8回0.8回-
財務レバレッジ2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍-
実質ROE9.8%9.6%9.5%10.3%10.1%10.1%9.9%9.0%8.9%8.8%8.8%8.8%-
ROIC7.8%7.6%7.9%7.6%7.3%7.2%7.5%7.0%6.8%6.7%6.5%6.4%-
ROA4.9%4.8%4.9%5.3%5.2%5.0%5.2%4.7%4.7%4.5%4.5%4.5%-
β0.990.951.031.071.091.121.121.111.151.161.211.15-
βの決定係数(R2)0.390.340.410.390.400.460.460.470.500.520.580.57-
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12,23211,57614,11515,33114,82317,51613,90217,05213,18014,31529,17232,748-
売上債権89,858101,68395,58388,99695,438105,34195,78088,37690,16198,39985,63773,020-
棚卸資産68,03467,48766,30072,05372,50172,66771,75576,47073,88275,49975,77883,690-
有価証券-------------
前払金-------------
繰延税金資産2,1611,5452,338----------
貸倒引当金-467-477-466-470-483-601-511-488-570-52-293-281-
流動資産179,782190,585184,129185,120191,946204,392190,730190,437184,843198,581198,452197,822-
固定資産
建物・構築物61,73362,15661,53660,40360,95163,11762,39361,91861,44961,79562,50362,636-
機械・運搬具68,96367,78767,43564,49566,05671,81771,15570,06568,71969,20869,78968,889-
土地63,31863,32563,32363,32363,32363,32363,36663,38063,38063,44663,37063,372-
建設仮勘定13,24913,45413,96816,63718,18813,74617,63418,98824,96725,95129,74531,695-
有形固定資産210,646210,095209,761208,366212,331216,093218,677219,933224,074226,116231,815232,954-
のれん9,1409,3119,3158,8578,6208,7648,3128,0597,7767,4177,5447,259-
無形固定資産13,67013,87613,88013,13612,85913,00212,41512,40512,00411,56411,80811,525-
投資有価証券58,48860,86858,17859,04258,20254,98955,02852,44154,38957,50551,20054,260-
繰延税金資産1,8851,7342,5342,6562,8682,9372,736------
貸倒引当金-812-815-139-139-138-73-118-124-122-328-117-117-
敷金および保証金-------------
投資その他の資産66,03268,26666,02766,74765,78862,47362,00459,41761,28764,30059,37160,966-
固定資産290,350292,238289,670288,250290,979291,569293,097291,756297,366301,981302,995305,447-
総資産470,133482,824473,799473,371482,926495,961483,827482,193482,210500,563501,448503,269-
 
負債
有利子負債合計121,014123,487108,269113,079121,492123,475112,132115,775123,322126,791134,339142,204-
仕入債務50,22353,01653,62552,58448,49156,07352,92447,83444,51650,64443,00540,458-
前受金-------------
未払法人税等3,3693,7205,8552,0592,5841,5793,0101,6573,0691,9173,5501,970-
繰延税金負債(固定)7,2507,5235,3185,2695,9485,7304,961------
負債235,346243,099231,019229,862233,949246,534233,346233,438231,467247,259247,434249,395-
 
純資産
資本金36,99836,99836,99836,99836,99836,99836,99836,99836,99836,99836,99836,998-
資本剰余金49,28449,28449,39149,34849,34849,34849,35349,35549,35549,35549,36549,412-
利益剰余金122,914125,191129,278131,185136,252138,011144,638144,349150,183150,854156,857155,439-
自己株式-3,165-3,186-3,189-3,193-3,196-3,199-5,492-5,899-7,589-7,591-7,593-7,594-
非支配株主持分3,5713,8043,7173,7793,6383,5313,6203,7003,5333,4643,2943,166-
純資産234,787239,724242,780243,508248,977249,426250,481248,755250,743253,304254,014253,873-
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15,45024,38429,5717,89014,34823,63932,3926,36713,93721,91629,0114,917-
減価償却費11,901-23,860-11,089-22,434-10,768-21,972--
のれん償却額475-738-257-511-259-510--
減損損失--1,910---121---479--
受取利息及び受取配当金-1,028--1,681--1,768--2,313--1,017--1,552--
売上債権の増減額-5,107--10,485--2,493--3,036-5,113-9,769--
棚卸資産の増減額-5,299--3,424--6,192--5,501--2,780--4,513--
仕入債務の増減額2,646-8,010--3,977--2,132--7,802--9,609--
営業CF17,332-48,776-3,994-32,660-17,385-41,954--
投資CF
有価証券の取得-120-340-300-580-2,7270-2,7380-
有価証券の売却・償還501660009460003420-
固定資産の購入-12,7370-25,3690-13,7320-27,4580-19,6420-33,8390-
固定資産の売却007051050020250-
貸付け-------------
貸付金の回収-------------
投資CF-16,750--29,298--13,520--26,176--22,308--36,303--
財務CF
短期借入金の純増減額10,368--2,206-12,896-4,148-16,583-16,007--
長期借入れ----489-496---1,439--
長期借入金の返済-56--86--34--616--5,034--5,063--
社債の発行7,000-7,000-15,000-15,000---15,000--
社債の償還-10,000--10,000--15,000--15,000----5,000--
自己株式の取得-3,029--3,053--6--2,311--2,104--2,108--
自己株式の売却-------------
配当金の支払-3,097----4,822----5,219----
財務CF1,184--15,858-8,490--8,408-4,211-9,544--
換算差額23-57--224--252--217--123--
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額--22,694---32,745---34,205--
研究開発費------14,562---15,031--
発行済株式総数87,641,214株87,635,933株87,635,215株87,634,195株87,633,547株87,632,615株86,948,758株86,816,299株86,250,174株83,249,443株86,248,773株86,248,371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--5,944人---6,133人---6,316人--
売上/従業員(千円)--66,559---67,361---60,292--
営利/従業員(千円)--5,662---5,581---5,001--
四半期売上(百万円)
売上5y CAGR・予想:-0.2 %
四半期利益(百万円)
営利5y CAGR・予想:4.7 %
純利5y CAGR・予想:3.7 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上97,255105,287102,49993,969104,379111,936102,84490,884101,06996,70292,14876,233360,000
前期比108.3%110.9%106.9%103.7%107.3%106.3%100.3%96.7%96.8%86.4%89.6%83.9%94.5%
売上原価72,36777,92676,94370,39379,30084,16376,98367,64975,37470,77967,66355,886-
売上総利益24,88927,36125,55623,57525,08027,77325,86123,23525,69525,92324,48520,346-
%25.6%26.0%24.9%25.1%24.0%24.8%25.1%25.6%25.4%26.8%26.6%26.7%-
販管費17,00916,52917,04616,64417,41017,54616,46016,48717,09517,24616,92215,944-
営業利益7,88010,8328,5106,9317,66910,2279,4016,7478,6018,6767,5634,40231,000
前期比142.5%121.2%120.1%107.8%97.3%94.4%110.5%97.3%112.2%84.8%80.4%65.2%98.1%
%8.1%10.3%8.3%7.4%7.3%9.1%9.1%7.4%8.5%9.0%8.2%5.8%8.6%
受取利息および受取配当金0001,663000729000842-
持分法による投資利益450140-13612833837154766281120703562-
営業外収益1,0091,111-4892,3438003726789647267431,1121,533-
支払利息171179177171183188220217230201218214-
持分法による投資損失000-000-000--
営業外費用8291,7712,1441,2661,5101,3051,5301,3451,1591,2351,359924-
経常利益8,06110,1715,8788,0086,9609,2938,5506,3678,1668,1857,3165,01129,000
固定資産売却益000-000-000--
投資有価証券売却益000-00689-00280158-
特別利益000-00689-00280158-
固定資産売却損000-000-000--
投資有価証券売却損000-000-000--
減損損失001,910-00121-00479--
特別損失01,2366921175032486-596205502252-
税引前利益8,0618,9345,1877,8906,4589,2918,7536,3677,5707,9797,0954,917-
法人税等-1,56006,3471,626-1,62607,4591,252-1,25206,475800-
%-19.4%0.0%122.4%20.6%-25.2%0.0%85.2%19.7%-16.5%0.0%91.3%16.3%-
当期純利益6,2236,8684,3046,2645,0686,8456,7565,1155,7235,7445,9534,116-
非支配株主に帰属する当期純利益213-2721536-94-18713396-109-104-50-73-
親会社株主に帰属する当期純利益6,2326,6724,0886,2285,1627,0326,6245,0185,8345,8486,0034,19021,000
前期比160.5%89.7%89.0%103.1%82.8%105.4%162.0%80.6%113.0%83.2%90.6%83.5%92.5%
%6.4%6.3%4.0%6.6%4.9%6.3%6.4%5.5%5.8%6.0%6.5%5.5%5.8%
 
EBITDA26,68625,14258,2506,93125,94624,82757,1736,74726,37524,02454,0694,402-
EPS262.8円262.8円262.9円285.8円285.8円285.8円288.1円261.5円263.2円272.7円263.2円263.2円243.5円
BPS2,638.2円2,692.0円2,727.9円2,735.6円2,799.6円2,806.0円2,839.2円2,822.7円2,866.2円3,001.1円2,906.9円2,906.8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)400,000400,000400,000410,000410,000410,000410,000415,000415,000415,000415,000360,000360,000
対実績比47.0%73.3%98.9%22.9%48.4%75.7%100.8%21.9%46.3%69.6%91.8%21.2%-
営業利益(期初予)30,00030,00030,00036,00036,00036,00036,00038,00038,00038,00038,00031,00031,000
対実績比47.7%83.8%112.2%19.3%40.6%69.0%95.1%17.8%40.4%63.2%83.1%14.2%-
純利益(期初予)21,00021,00021,00025,00025,00025,00025,00027,00027,00027,00027,00021,00021,000
対実績比58.5%90.2%109.7%24.9%45.6%73.7%100.2%18.6%40.2%61.9%84.1%20.0%-
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3,705円4,515円3,565円3,695円3,960円3,110円3,190円3,195円2,971円3,270円2,277円2,637円-
企業価値430,748504,482424,333417,966444,779379,209385,507376,031366,391392,180301,555336,893-
時価総額327,855395,700312,422323,812347,031272,540279,548277,801256,249282,038196,388227,437-
純有利子負債108,782111,91194,15497,748106,669105,95998,23098,723110,142112,476105,167109,456-
PER(会予)15.6倍18.0倍14.2倍13.0倍13.9倍10.9倍11.2倍10.3倍9.5倍11.8倍8.9倍10.8倍-
PBR1.5倍1.7倍1.3倍1.4倍1.4倍1.1倍1.1倍1.1倍1.0倍1.1倍0.8倍0.9倍-
PER × PBR22.6倍30.8倍18.8倍17.5倍20.1倍12.1倍12.7倍11.6倍9.8倍13.4倍7.0倍9.8倍-
EV/EBITDA(会予)7.9倍9.0倍7.4倍6.9倍7.3倍6.3倍6.4倍6.2倍6.0倍6.8倍5.6倍6.3倍-
PSR(会予)0.8倍1.0倍0.8倍0.8倍0.8倍0.7倍0.7倍0.7倍0.6倍0.7倍0.5倍0.6倍-
PCFR(会予)7.2倍8.5倍6.7倍6.5倍7.0倍5.5倍5.6倍5.6倍5.1倍6.0倍4.4倍5.2倍-
配当金--105.0円---120.0円---125.0円-0.0円
配当利回り1.9%1.6%2.0%2.8%2.7%3.4%3.3%3.8%4.0%3.7%5.5%4.7%-
配当性向--39.9%---41.7%---47.5%--
自己資本配当率2.5%2.4%2.4%4.4%4.3%4.3%4.2%4.4%4.4%4.2%4.3%4.3%-
ROE10.0%9.8%9.6%10.4%10.2%10.2%10.1%9.3%9.2%9.1%9.1%9.1%-
純利益率(再掲)6.5%6.5%5.8%6.6%5.7%5.9%6.1%5.5%5.7%5.8%6.0%5.5%-
総資産回転率0.8回0.8回0.8回0.9回0.9回0.8回0.9回0.8回0.8回0.8回0.8回0.8回-
財務レバレッジ2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍2.0倍-
実質ROE9.8%9.6%9.5%10.3%10.1%10.1%9.9%9.0%8.9%8.8%8.8%8.8%-
ROIC7.8%7.6%7.9%7.6%7.3%7.2%7.5%7.0%6.8%6.7%6.5%6.4%-
ROA4.9%4.8%4.9%5.3%5.2%5.0%5.2%4.7%4.7%4.5%4.5%4.5%-
β0.990.951.031.071.091.121.121.111.151.161.211.15-
βの決定係数(R2)0.390.340.410.390.400.460.460.470.500.520.580.57-
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12,23211,57614,11515,33114,82317,51613,90217,05213,18014,31529,17232,748-
売上債権89,858101,68395,58388,99695,438105,34195,78088,37690,16198,39985,63773,020-
棚卸資産68,03467,48766,30072,05372,50172,66771,75576,47073,88275,49975,77883,690-
有価証券-------------
前払金-------------
繰延税金資産2,1611,5452,338----------
貸倒引当金-467-477-466-470-483-601-511-488-570-52-293-281-
流動資産179,782190,585184,129185,120191,946204,392190,730190,437184,843198,581198,452197,822-
固定資産
建物・構築物61,73362,15661,53660,40360,95163,11762,39361,91861,44961,79562,50362,636-
機械・運搬具68,96367,78767,43564,49566,05671,81771,15570,06568,71969,20869,78968,889-
土地63,31863,32563,32363,32363,32363,32363,36663,38063,38063,44663,37063,372-
建設仮勘定13,24913,45413,96816,63718,18813,74617,63418,98824,96725,95129,74531,695-
有形固定資産210,646210,095209,761208,366212,331216,093218,677219,933224,074226,116231,815232,954-
のれん9,1409,3119,3158,8578,6208,7648,3128,0597,7767,4177,5447,259-
無形固定資産13,67013,87613,88013,13612,85913,00212,41512,40512,00411,56411,80811,525-
投資有価証券58,48860,86858,17859,04258,20254,98955,02852,44154,38957,50551,20054,260-
繰延税金資産1,8851,7342,5342,6562,8682,9372,736------
貸倒引当金-812-815-139-139-138-73-118-124-122-328-117-117-
敷金および保証金-------------
投資その他の資産66,03268,26666,02766,74765,78862,47362,00459,41761,28764,30059,37160,966-
固定資産290,350292,238289,670288,250290,979291,569293,097291,756297,366301,981302,995305,447-
総資産470,133482,824473,799473,371482,926495,961483,827482,193482,210500,563501,448503,269-
 
負債
有利子負債合計121,014123,487108,269113,079121,492123,475112,132115,775123,322126,791134,339142,204-
仕入債務50,22353,01653,62552,58448,49156,07352,92447,83444,51650,64443,00540,458-
前受金-------------
未払法人税等3,3693,7205,8552,0592,5841,5793,0101,6573,0691,9173,5501,970-
繰延税金負債(固定)7,2507,5235,3185,2695,9485,7304,961------
負債235,346243,099231,019229,862233,949246,534233,346233,438231,467247,259247,434249,395-
 
純資産
資本金36,99836,99836,99836,99836,99836,99836,99836,99836,99836,99836,99836,998-
資本剰余金49,28449,28449,39149,34849,34849,34849,35349,35549,35549,35549,36549,412-
利益剰余金122,914125,191129,278131,185136,252138,011144,638144,349150,183150,854156,857155,439-
自己株式-3,165-3,186-3,189-3,193-3,196-3,199-5,492-5,899-7,589-7,591-7,593-7,594-
非支配株主持分3,5713,8043,7173,7793,6383,5313,6203,7003,5333,4643,2943,166-
純資産234,787239,724242,780243,508248,977249,426250,481248,755250,743253,304254,014253,873-
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15,45024,38429,5717,89014,34823,63932,3926,36713,93721,91629,0114,917-
減価償却費11,901-23,860-11,089-22,434-10,768-21,972--
のれん償却額475-738-257-511-259-510--
減損損失001,910-00121-00479--
受取利息及び受取配当金-1,028--1,681--1,768--2,313--1,017--1,552--
売上債権の増減額-5,107--10,485--2,493--3,036-5,113-9,769--
棚卸資産の増減額-5,299--3,424--6,192--5,501--2,780--4,513--
仕入債務の増減額2,646-8,010--3,977--2,132--7,802--9,609--
営業CF17,332-48,776-3,994-32,660-17,385-41,954--
投資CF
有価証券の取得-120-340-300-580-2,7270-2,7380-
有価証券の売却・償還501660009460003420-
固定資産の購入-12,7370-25,3690-13,7320-27,4580-19,6420-33,8390-
固定資産の売却007051050020250-
貸付け-------------
貸付金の回収-------------
投資CF-16,750--29,298--13,520--26,176--22,308--36,303--
財務CF
短期借入金の純増減額10,368--2,206-12,896-4,148-16,583-16,007--
長期借入れ----489-496---1,439--
長期借入金の返済-56--86--34--616--5,034--5,063--
社債の発行7,000-7,000-15,000-15,000---15,000--
社債の償還-10,000--10,000--15,000--15,000----5,000--
自己株式の取得-3,029--3,053--6--2,311--2,104--2,108--
自己株式の売却-------------
配当金の支払-3,097----4,822----5,219----
財務CF1,184--15,858-8,490--8,408-4,211-9,544--
換算差額23-57--224--252--217--123--
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額--22,694---32,745---34,205--
研究開発費------14,562---15,031--
発行済株式総数87,641,214株87,635,933株87,635,215株87,634,195株87,633,547株87,632,615株86,948,758株86,816,299株86,250,174株83,249,443株86,248,773株86,248,371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--5,944人---6,133人---6,316人--
売上/従業員(千円)--66,559---67,361---60,292--
営利/従業員(千円)--5,662---5,581---5,001--