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-
%20.8%21.5%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%
%5.0%5.8%6.0%5.8%
 
EBITDA50,20258,25054,06953,482
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111,911105,959105,167-
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%-
ROA4.8%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101,683105,34185,637-
棚卸資産67,48772,66775,778-
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186,467190,730198,452-
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1,4822,736--
貸倒引当金-139-118-117-
敷金および保証金----
投資その他の資産64,97562,00459,371-
固定資産288,618293,097302,995-
総資産475,086483,827501,448-
 
負債
有利子負債合計123,487123,475134,339-
仕入債務53,01656,07343,005-
前受金----
未払法人税等5,8553,0103,550-
繰延税金負債(固定)6,6044,961--
負債232,305233,346247,434-
 
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22,6945,8937,561-
研究開発費----
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)62,35366,55960,292-
営利/従業員(千円)4,4445,6625,001-
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.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上90,588187,843293,130395,62993,969198,348310,284413,12890,884191,953288,655380,803360,000
前期比110.5%109.3%109.9%109.1%103.7%105.6%105.9%104.4%96.7%96.8%93.0%92.2%94.5%
売上原価68,347140,714218,640295,58370,393149,693233,856310,83967,649143,023213,802281,465-
売上総利益22,24047,12974,490100,04623,57548,65576,428102,28923,23548,93074,85399,338-
%24.6%25.1%25.4%25.3%25.1%24.5%24.6%24.8%25.6%25.5%25.9%26.1%-
販管費15,81032,81949,34866,39416,64434,05451,60068,06016,48733,58250,82867,750-
営業利益6,43014,31025,14233,6526,93114,60024,82734,2286,74715,34824,02431,58731,000
前期比149.7%145.6%134.0%130.2%107.8%102.0%98.7%101.7%97.3%105.1%96.8%92.3%98.1%
%7.1%7.6%8.6%8.5%7.4%7.4%8.0%8.3%7.4%8.0%8.3%8.3%8.6%
受取利息および受取配当金9371,0271,5701,6811,6631,7682,2152,3137291,0171,4951,551-
持分法による投資利益6511,1011,2411,1051284668371,384663474671,170-
営業外収益1,8572,8663,9773,4882,3433,1433,5154,1939641,6902,4333,545-
支払利息180351530707171354542762217447648866-
持分法による投資損失-------------
営業外費用8971,7263,4975,6411,2662,7764,0815,6111,3452,5043,7395,098-
経常利益7,38915,45025,62131,4998,00814,96824,26132,8116,36714,53322,71830,03429,000
固定資産売却益-------------
投資有価証券売却益-------689---280-
特別利益-------689---280-
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--1,2361,9281176206221,108-5968011,303-
税引前利益7,38915,45024,38429,5717,89014,34823,63932,3926,36713,93721,91629,011-
法人税等---6,3471,626--7,4591,252--6,475-
%20.8%20.8%20.8%20.8%21.5%21.5%21.5%21.5%23.0%23.0%23.0%22.3%-
当期純利益5,82912,05218,92023,2246,26411,33218,17724,9335,11510,83816,58222,535-
非支配株主に帰属する当期純利益-213--18836--245-11296-13-117-167-
親会社株主に帰属する当期純利益6,04312,27518,94723,0356,22811,39018,42225,0465,01810,85216,70022,70321,000
前期比270.7%200.8%139.8%126.9%103.1%92.8%97.2%108.7%80.6%95.3%90.7%90.6%92.5%
%5.0%5.0%5.0%5.0%5.8%5.8%5.8%5.8%6.1%6.1%6.1%6.0%5.8%
 
EBITDA50,20250,20250,20250,20258,25058,25058,25058,25057,17357,17357,17354,06953,482
EPS260.3円262.8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255.1円
BPS2,553.9円2,638.2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-
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)400,000400,000400,000400,000410,000410,000410,000410,000415,000415,000415,000415,000360,000
対実績比22.6%47.0%73.3%98.9%22.9%48.4%75.7%100.8%21.9%46.3%69.6%91.8%-
営業利益(期初予)30,00030,00030,00030,00036,00036,00036,00036,00038,00038,00038,00038,00031,000
対実績比21.4%47.7%83.8%112.2%19.3%40.6%69.0%95.1%17.8%40.4%63.2%83.1%-
純利益(期初予)21,00021,00021,00021,00025,00025,00025,00025,00027,00027,00027,00027,00021,000
対実績比28.8%58.5%90.2%109.7%24.9%45.6%73.7%100.2%18.6%40.2%61.9%84.1%-
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2,895円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-
企業価値359,071430,748504,482424,333417,966444,779379,209385,507376,031366,391392,180301,555-
時価総額256,178327,855395,700312,422323,812347,031272,540279,548277,801256,249282,038196,388-
純有利子負債102,893102,893108,782111,91194,15497,748106,669105,95998,230110,142110,142105,167-
PER(会予)12.2倍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-
PBR1.1倍1.5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-
PER × PBR13.8倍22.6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-
EV/EBITDA(会予)6.6倍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-
PSR(会予)0.6倍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-
PCFR(会予)5.6倍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-
配当金---105.0円---120.0円---125.0円125.0円
配当利回り2.4%1.9%1.6%2.0%2.8%2.7%3.4%3.3%3.8%4.0%3.7%5.5%-
配当性向---39.9%---41.7%---47.5%-
自己資本配当率2.5%2.5%2.4%2.4%4.4%4.3%4.3%4.2%4.4%4.4%4.2%4.3%-
ROE10.2%10.0%9.8%9.6%10.4%10.2%10.2%10.1%9.3%9.2%9.1%9.1%-
純利益率(再掲)6.7%6.5%6.5%5.8%6.6%5.7%5.9%6.1%5.5%5.7%5.8%6.0%-
総資産回転率0.9回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-
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ROE10.2%9.8%9.6%9.5%10.3%10.1%10.1%9.9%9.0%8.9%8.8%8.8%-
ROIC8.0%7.8%7.6%7.9%7.6%7.3%7.2%7.5%7.0%6.8%6.7%6.5%-
ROA5.0%4.9%4.8%4.8%5.3%5.2%5.0%5.2%4.7%4.7%4.5%4.5%-
β1.060.990.951.031.071.091.121.121.111.151.161.21-
βの決定係数(R2)0.460.390.340.410.390.400.460.460.470.500.520.58-
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
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
流動資産
現金11,97912,23211,57614,11515,33114,82317,51613,90217,05213,18014,31529,172-
売上債権82,69682,69689,858101,68395,58388,99695,438105,34195,78090,16190,16185,637-
棚卸資産67,04267,04268,03467,48766,30072,05372,50172,66771,75573,88273,88275,778-
有価証券-------------
前払金-------------
繰延税金資産2,5842,1611,5452,338---------
貸倒引当金-464-467-477-466-470-483-601-511-488-570-52-293-
流動資産171,676179,782190,585186,467185,120191,946204,392190,730190,437184,843198,581198,452-
固定資産
建物・構築物61,56261,73362,15661,53660,40360,95163,11762,39361,91861,44961,79562,503-
機械・運搬具71,46468,96367,78767,43564,49566,05671,81771,15570,06568,71969,20869,789-
土地63,32563,31863,32563,32363,32363,32363,32363,36663,38063,38063,44663,370-
建設仮勘定11,53813,24913,45413,96816,63718,18813,74617,63418,98824,96725,95129,745-
有形固定資産211,314210,646210,095209,761208,366212,331216,093218,677219,933224,074226,116231,815-
のれん5,4629,1409,3119,3158,8578,6208,7648,3128,0597,7767,4177,544-
無形固定資産10,06913,67013,87613,88013,13612,85913,00212,41512,40512,00411,56411,808-
投資有価証券55,60558,48860,86858,17859,04258,20254,98955,02852,44154,38957,50551,200-
繰延税金資産1,8451,8851,7341,4822,6562,8682,9372,736-----
貸倒引当金-808-812-815-139-139-138-73-118-124-122-328-117-
敷金および保証金-------------
投資その他の資産63,32066,03268,26664,97566,74765,78862,47362,00459,41761,28764,30059,371-
固定資産284,704290,350292,238288,618288,250290,979291,569293,097291,756297,366301,981302,995-
総資産456,380470,133482,824475,086473,371482,926495,961483,827482,193482,210500,563501,448-
 
負債
有利子負債合計114,872114,872121,014123,487108,269113,079121,492123,475112,132123,322123,322134,339-
仕入債務45,59145,59150,22353,01653,62552,58448,49156,07352,92444,51644,51643,005-
前受金-------------
未払法人税等2,1583,3693,7205,8552,0592,5841,5793,0101,6573,0691,9173,550-
繰延税金負債(固定)6,1077,2507,5236,6045,2695,9485,7304,961-----
負債226,545235,346243,099232,305229,862233,949246,534233,346233,438231,467247,259247,434-
 
純資産
資本金36,99836,99836,99836,99836,99836,99836,99836,99836,99836,99836,99836,998-
資本剰余金49,28449,28449,28449,39149,34849,34849,34849,35349,35549,35549,35549,365-
利益剰余金116,673122,914125,191129,278131,185136,252138,011144,638144,349150,183150,854156,857-
自己株式-141-3,165-3,186-3,189-3,193-3,196-3,199-5,492-5,899-7,589-7,591-7,593-
非支配株主持分3,8383,5713,8043,7173,7793,6383,5313,6203,7003,5333,4643,294-
純資産229,834234,787239,724242,780243,508248,977249,426250,481248,755250,743253,304254,014-
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7,38915,45024,38429,5717,89014,34823,63932,3926,36713,93721,91629,011-
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CF-17,332-48,776-3,994-32,660-17,385-41,954-
投資CF
有価証券の取得0-120-340-300-580-2,7270-2,738-
有価証券の売却・償還050166000946000342-
固定資産の購入0-12,7370-25,3690-13,7320-27,4580-19,6420-33,839-
固定資産の売却000705105002025-
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CF-1,184--15,858-8,490--8,408-4,211-9,544-
換算差額-23-57--224--252--217--123-
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額---22,694---5,893---7,561-
研究開発費-------------
発行済株式総数88,489,853株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-
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---5,944人---6,133人---6,316人-
売上/従業員(千円)62,35362,35362,35362,35366,55966,55966,55966,55967,36167,36167,36160,292-
営利/従業員(千円)4,4444,4444,4444,4445,6625,6625,6625,6625,5815,5815,5815,001-
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.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上90,58897,255105,287102,49993,969104,379111,936102,84490,884101,06996,70292,148360,000
前期比110.5%108.3%110.9%106.9%103.7%107.3%106.3%100.3%96.7%96.8%86.4%89.6%94.5%
売上原価68,34772,36777,92676,94370,39379,30084,16376,98367,64975,37470,77967,663-
売上総利益22,24024,88927,36125,55623,57525,08027,77325,86123,23525,69525,92324,485-
%24.6%25.6%26.0%24.9%25.1%24.0%24.8%25.1%25.6%25.4%26.8%26.6%-
販管費15,81017,00916,52917,04616,64417,41017,54616,46016,48717,09517,24616,922-
営業利益6,4307,88010,8328,5106,9317,66910,2279,4016,7478,6018,6767,56331,000
前期比149.7%142.5%121.2%120.1%107.8%97.3%94.4%110.5%97.3%112.2%84.8%80.4%98.1%
%7.1%8.1%10.3%8.3%7.4%7.3%9.1%9.1%7.4%8.5%9.0%8.2%8.6%
受取利息および受取配当金9370001,663000729000-
持分法による投資利益651450140-13612833837154766281120703-
営業外収益1,8571,0091,111-4892,3438003726789647267431,112-
支払利息180171179177171183188220217230201218-
持分法による投資損失-000-000-000-
営業外費用8978291,7712,1441,2661,5101,3051,5301,3451,1591,2351,359-
経常利益7,3898,06110,1715,8788,0086,9609,2938,5506,3678,1668,1857,31629,000
固定資産売却益-000-000-000-
投資有価証券売却益-000-00689-00280-
特別利益-000-00689-00280-
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-01,2366921175032486-596205502-
税引前利益7,3898,0618,9345,1877,8906,4589,2918,7536,3677,5707,9797,095-
法人税等-006,3471,626-1,62607,4591,252-1,25206,475-
%-0.0%0.0%122.4%20.6%-25.2%0.0%85.2%19.7%-16.5%0.0%91.3%-
当期純利益5,8296,2236,8684,3046,2645,0686,8456,7565,1155,7235,7445,953-
非支配株主に帰属する当期純利益-213213018836-36-24513396-109-104-50-
親会社株主に帰属する当期純利益6,0436,2326,6724,0886,2285,1627,0326,6245,0185,8345,8486,00321,000
前期比270.7%160.5%89.7%89.0%103.1%82.8%105.4%162.0%80.6%113.0%83.2%90.6%92.5%
%6.7%6.4%6.3%4.0%6.6%4.9%6.3%6.4%5.5%5.8%6.0%6.5%5.8%
 
EBITDA50,20250,20250,20250,20258,25058,25058,25058,25057,17357,17357,17354,06953,482
EPS260.3円262.8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255.1円
BPS2,553.9円2,638.2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-
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)400,000400,000400,000400,000410,000410,000410,000410,000415,000415,000415,000415,000360,000
対実績比22.6%47.0%73.3%98.9%22.9%48.4%75.7%100.8%21.9%46.3%69.6%91.8%-
営業利益(期初予)30,00030,00030,00030,00036,00036,00036,00036,00038,00038,00038,00038,00031,000
対実績比21.4%47.7%83.8%112.2%19.3%40.6%69.0%95.1%17.8%40.4%63.2%83.1%-
純利益(期初予)21,00021,00021,00021,00025,00025,00025,00025,00027,00027,00027,00027,00021,000
対実績比28.8%58.5%90.2%109.7%24.9%45.6%73.7%100.2%18.6%40.2%61.9%84.1%-
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2,895円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-
企業価値359,071430,748504,482424,333417,966444,779379,209385,507376,031366,391392,180301,555-
時価総額256,178327,855395,700312,422323,812347,031272,540279,548277,801256,249282,038196,388-
純有利子負債102,893102,893108,782111,91194,15497,748106,669105,95998,230110,142110,142105,167-
PER(会予)12.2倍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-
PBR1.1倍1.5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-
PER × PBR13.8倍22.6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-
EV/EBITDA(会予)6.6倍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-
PSR(会予)0.6倍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-
PCFR(会予)5.6倍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-
配当金---105.0円---120.0円---125.0円125.0円
配当利回り2.4%1.9%1.6%2.0%2.8%2.7%3.4%3.3%3.8%4.0%3.7%5.5%-
配当性向---39.9%---41.7%---47.5%-
自己資本配当率2.5%2.5%2.4%2.4%4.4%4.3%4.3%4.2%4.4%4.4%4.2%4.3%-
ROE10.2%10.0%9.8%9.6%10.4%10.2%10.2%10.1%9.3%9.2%9.1%9.1%-
純利益率(再掲)6.7%6.5%6.5%5.8%6.6%5.7%5.9%6.1%5.5%5.7%5.8%6.0%-
総資産回転率0.9回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-
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ROE10.2%9.8%9.6%9.5%10.3%10.1%10.1%9.9%9.0%8.9%8.8%8.8%-
ROIC8.0%7.8%7.6%7.9%7.6%7.3%7.2%7.5%7.0%6.8%6.7%6.5%-
ROA5.0%4.9%4.8%4.8%5.3%5.2%5.0%5.2%4.7%4.7%4.5%4.5%-
β1.060.990.951.031.071.091.121.121.111.151.161.21-
βの決定係数(R2)0.460.390.340.410.390.400.460.460.470.500.520.58-
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
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
流動資産
現金11,97912,23211,57614,11515,33114,82317,51613,90217,05213,18014,31529,172-
売上債権82,69682,69689,858101,68395,58388,99695,438105,34195,78090,16190,16185,637-
棚卸資産67,04267,04268,03467,48766,30072,05372,50172,66771,75573,88273,88275,778-
有価証券-------------
前払金-------------
繰延税金資産2,5842,1611,5452,338---------
貸倒引当金-464-467-477-466-470-483-601-511-488-570-52-293-
流動資産171,676179,782190,585186,467185,120191,946204,392190,730190,437184,843198,581198,452-
固定資産
建物・構築物61,56261,73362,15661,53660,40360,95163,11762,39361,91861,44961,79562,503-
機械・運搬具71,46468,96367,78767,43564,49566,05671,81771,15570,06568,71969,20869,789-
土地63,32563,31863,32563,32363,32363,32363,32363,36663,38063,38063,44663,370-
建設仮勘定11,53813,24913,45413,96816,63718,18813,74617,63418,98824,96725,95129,745-
有形固定資産211,314210,646210,095209,761208,366212,331216,093218,677219,933224,074226,116231,815-
のれん5,4629,1409,3119,3158,8578,6208,7648,3128,0597,7767,4177,544-
無形固定資産10,06913,67013,87613,88013,13612,85913,00212,41512,40512,00411,56411,808-
投資有価証券55,60558,48860,86858,17859,04258,20254,98955,02852,44154,38957,50551,200-
繰延税金資産1,8451,8851,7341,4822,6562,8682,9372,736-----
貸倒引当金-808-812-815-139-139-138-73-118-124-122-328-117-
敷金および保証金-------------
投資その他の資産63,32066,03268,26664,97566,74765,78862,47362,00459,41761,28764,30059,371-
固定資産284,704290,350292,238288,618288,250290,979291,569293,097291,756297,366301,981302,995-
総資産456,380470,133482,824475,086473,371482,926495,961483,827482,193482,210500,563501,448-
 
負債
有利子負債合計114,872114,872121,014123,487108,269113,079121,492123,475112,132123,322123,322134,339-
仕入債務45,59145,59150,22353,01653,62552,58448,49156,07352,92444,51644,51643,005-
前受金-------------
未払法人税等2,1583,3693,7205,8552,0592,5841,5793,0101,6573,0691,9173,550-
繰延税金負債(固定)6,1077,2507,5236,6045,2695,9485,7304,961-----
負債226,545235,346243,099232,305229,862233,949246,534233,346233,438231,467247,259247,434-
 
純資産
資本金36,99836,99836,99836,99836,99836,99836,99836,99836,99836,99836,99836,998-
資本剰余金49,28449,28449,28449,39149,34849,34849,34849,35349,35549,35549,35549,365-
利益剰余金116,673122,914125,191129,278131,185136,252138,011144,638144,349150,183150,854156,857-
自己株式-141-3,165-3,186-3,189-3,193-3,196-3,199-5,492-5,899-7,589-7,591-7,593-
非支配株主持分3,8383,5713,8043,7173,7793,6383,5313,6203,7003,5333,4643,294-
純資産229,834234,787239,724242,780243,508248,977249,426250,481248,755250,743253,304254,014-
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7,38915,45024,38429,5717,89014,34823,63932,3926,36713,93721,91629,011-
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CF-17,332-48,776-3,994-32,660-17,385-41,954-
投資CF
有価証券の取得0-120-340-300-580-2,7270-2,738-
有価証券の売却・償還050166000946000342-
固定資産の購入0-12,7370-25,3690-13,7320-27,4580-19,6420-33,839-
固定資産の売却000705105002025-
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CF-1,184--15,858-8,490--8,408-4,211-9,544-
換算差額-23-57--224--252--217--123-
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額---22,694---5,893---7,561-
研究開発費-------------
発行済株式総数88,489,853株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-
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---5,944人---6,133人---6,316人-
売上/従業員(千円)62,35362,35362,35362,35366,55966,55966,55966,55967,36167,36167,36160,292-
営利/従業員(千円)4,4444,4444,4444,4445,6625,6625,6625,6625,5815,5815,5815,001-