通期売上(百万円)
売上5y CAGR・予想:1.0 %
通期利益(百万円)
営利5y CAGR・予想:-11.4 %
純利5y CAGR・予想:-22.8 %
P/L
2018.32019.32020.32021.3E
売上635,909648,986613,344580,000
前期比114.3%102.1%94.5%94.6%
売上原価481,326512,857481,950-
売上総利益154,583136,129131,394-
%24.3%21.0%21.4%-
販管費91,84194,74297,133-
営業利益62,74141,38634,26027,000
前期比143.4%66.0%82.8%78.8%
%9.9%6.4%5.6%4.7%
受取利息および受取配当金2,5812,8422,791-
持分法による投資利益18,27728,408--
営業外収益24,40534,6945,733-
支払利息1,0691,018968-
持分法による投資損失--1,282-
営業外費用6,4356,8828,877-
経常利益80,71169,19931,11626,000
固定資産売却益548714859-
投資有価証券売却益1,9269892,676-
特別利益2,8822,47113,428-
固定資産売却損----
投資有価証券売却損8,297690939-
減損損失11-381-
特別損失10,1722,60410,202-
税引前利益73,42169,06634,343-
法人税等7,4879,0879,855-
%12.6%10.2%28.7%-
当期純利益65,93359,97924,487-
非支配株主に帰属する当期純利益5,4024,9793,329-
親会社株主に帰属する当期純利益60,53155,00021,15817,000
前期比126.2%90.9%38.5%80.3%
%8.6%9.5%3.4%2.9%
 
EBITDA69,66890,13864,23160,971
EPS283.4円257.4円101.7円86.5円
BPS2,188.0円2,354.2円2,368.1円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)580,000640,000650,000580,000
対実績比109.6%101.4%94.4%-
営業利益(期初予)37,00053,00040,00027,000
対実績比169.6%78.1%85.7%-
純利益(期初予)43,00061,00034,00017,000
対実績比140.8%90.2%62.2%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価2,549円1,579円1,176円-
企業価値575,447341,296241,070-
時価総額545,546337,338244,585-
純有利子負債29,9013,958-3,515-
PER(会予)9.7倍5.5倍13.6倍-
PBR1.2倍0.7倍0.5倍-
PER × PBR11.6倍3.7倍6.7倍-
EV/EBITDA(会予)6.8倍4.7倍4.0倍-
PSR(会予)0.9倍0.5倍0.4倍-
PCFR(会予)6.7倍3.8倍5.1倍-
配当金59.0円70.0円70.0円70.0円
配当利回り1.5%3.7%6.0%-
配当性向20.8%27.2%68.8%-
自己資本配当率2.7%3.0%3.0%-
ROE13.0%10.9%4.3%-
純利益率(再掲)9.5%8.5%3.4%-
総資産回転率0.8回0.8回0.8回-
財務レバレッジ1.7倍1.6倍1.6倍-
実質ROE12.4%10.5%4.1%-
ROIC9.6%5.4%4.3%-
ROA7.6%6.8%2.7%-
β1.171.361.52-
βの決定係数(R2)0.400.480.62-
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101,09091,13078,227-
売上債権169,123164,546141,279-
棚卸資産102,821119,027114,795-
有価証券121233,514-
前払金----
繰延税金資産6,759---
貸倒引当金-1,170-1,033-1,124-
流動資産391,009378,845358,669-
固定資産
建物・構築物203,544207,981220,252-
機械・運搬具450,543457,159484,798-
土地38,45839,82641,109-
建設仮勘定12,34720,52223,113-
有形固定資産220,717228,492239,838-
のれん3,9113,8415,293-
無形固定資産8,4118,61410,597-
投資有価証券161,391177,011149,158-
繰延税金資産2,1372,510--
貸倒引当金-555-543-640-
敷金および保証金----
投資その他の資産172,350188,086162,628-
固定資産401,480425,193413,063-
総資産792,489804,038771,733-
 
負債
有利子負債合計107,29688,51174,712-
仕入債務89,78790,71170,776-
前受金----
未払法人税等4,1333,4395,539-
繰延税金負債(固定)16,6409,521--
負債273,345250,756223,591-
 
純資産
資本金41,97041,97041,970-
資本剰余金34,57834,29834,234-
利益剰余金399,033439,080439,701-
自己株式-19,966-19,930-21,600-
非支配株主持分51,78050,32155,619-
純資産519,144553,282548,141-
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73,42169,06634,343-
減価償却費27,02727,45129,591-
のれん償却額370260380-
減損損失11-381-
受取利息及び受取配当金-2,581-2,842-2,791-
売上債権の増減額-28,6078,05919,048-
棚卸資産の増減額-9,759-15,7505,694-
仕入債務の増減額21,357-7,290-13,799-
営業CF90,72064,04274,234-
投資CF
有価証券の取得-1,548-5,039-1,544-
有価証券の売却・償還4,9496484,702-
固定資産の購入-36,546-37,409-43,453-
固定資産の売却2,1418911,144-
貸付け----
貸付金の回収----
投資CF-33,614-42,761-33,922-
財務CF
短期借入金の純増減額-7,300-10,599-14,927-
長期借入れ10,35916,7738,697-
長期借入金の返済-14,143-17,893-15,768-
社債の発行----
社債の償還----
自己株式の取得-7,010-6-8,733-
自己株式の売却----
配当金の支払-9,927-14,953-14,861-
財務CF-33,038-31,396-49,563-
換算差額-939190-1,342-
その他
2018.32019.32020.32021.3E
設備投資額30,95939,27942,389-
研究開発費17,74817,36018,410-
発行済株式総数213,604,172株213,639,727株207,980,434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8,009人8,276人8,954人-
売上/従業員(千円)69,26679,39968,499-
営利/従業員(千円)5,4477,8343,826-
四半期売上(百万円)
売上5y CAGR・予想:1.0 %
四半期利益(百万円)
営利5y CAGR・予想:-11.4 %
純利5y CAGR・予想:-22.8 %
P/L
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上144,463302,943471,110635,909162,580328,376499,625648,986151,219303,369463,971613,344580,000
前期比107.0%113.1%115.0%114.3%112.5%108.4%106.1%102.1%93.0%92.4%92.9%94.5%94.6%
売上原価108,112227,300353,474481,326123,839252,451390,064512,857118,676239,632365,698481,950-
売上総利益36,35175,643117,635154,58338,74175,925109,560136,12932,54263,73798,273131,394-
%25.2%25.0%25.0%24.3%23.8%23.1%21.9%21.0%21.5%21.0%21.2%21.4%-
販管費22,20645,37568,68291,84123,13946,97471,16194,74223,74647,70271,86397,133-
営業利益14,14430,26748,95262,74115,60228,95038,39841,3868,79616,03426,40934,26027,000
前期比142.3%157.1%151.3%143.4%110.3%95.6%78.4%66.0%56.4%55.4%68.8%82.8%78.8%
%9.8%10.0%10.4%9.9%9.6%8.8%7.7%6.4%5.8%5.3%5.7%5.6%4.7%
受取利息および受取配当金1,1391,6262,3302,5811,3281,7952,5242,8421,3751,9372,4372,791-
持分法による投資利益5,77410,49914,00018,2777,08717,27024,49428,408-----
営業外収益8,00214,47519,63624,4059,40920,77729,72634,6942,1324,1164,6325,733-
支払利息2625277841,0692815457911,018234473725968-
持分法による投資損失--------3,6853,8653,2341,282-
営業外費用1,3942,7344,3286,4351,9553,1955,4526,8825,7868,4608,4578,877-
経常利益20,75242,00864,26180,71123,05646,53262,67269,1995,14211,69022,58431,11626,000
固定資産売却益---548714714714714---859-
投資有価証券売却益7878931,1051,9261008599899899671,5012,2932,676-
特別利益7878931,1052,8828141,5731,7042,4712,5483,0823,87413,428-
固定資産売却損-------------
投資有価証券売却損-3568,3208,297361374669690---939-
減損損失---11-------381-
特別損失-5119,84710,1726501,0051,5012,604-3621,35310,202-
税引前利益21,54042,39155,52073,42123,22047,10162,87569,0667,69114,41125,10534,343-
法人税等1,9644,1547,2307,4873,5667,1299,7579,0873,2634,5087,5259,855-
%12.6%12.6%12.6%12.6%10.2%10.2%10.2%10.2%13.2%13.2%13.2%28.7%-
当期純利益19,57538,23748,28965,93319,65439,97153,11759,9794,4289,90217,58024,487-
非支配株主に帰属する当期純利益1,4432,7834,3695,4021,0912,0522,9574,9798421,7542,8023,329-
親会社株主に帰属する当期純利益18,13135,45343,91960,53118,56237,91950,16055,0003,5858,14714,77821,15817,000
前期比214.8%191.4%124.9%126.2%102.4%107.0%114.2%90.9%19.3%21.5%29.5%38.5%80.3%
%8.6%8.6%8.6%8.6%9.5%9.5%9.5%9.5%8.5%8.5%8.5%3.4%2.9%
 
EBITDA69,66869,66869,66869,66890,13890,13890,13890,13869,09769,09769,09764,23160,971
EPS280.5円280.5円282.8円283.4円257.5円257.4円257.4円257.4円100.1円100.3円101.3円101.7円86.5円
BPS2,028.5円2,117.4円2,147.9円2,188.0円2,237.2円2,341.2円2,338.4円2,354.2円2,345.1円2,359.4円2,384.1円2,368.1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)580,000580,000580,000580,000640,000640,000640,000640,000650,000650,000650,000650,000580,000
対実績比24.9%52.2%81.2%109.6%25.4%51.3%78.1%101.4%23.3%46.7%71.4%94.4%-
営業利益(期初予)37,00037,00037,00037,00053,00053,00053,00053,00040,00040,00040,00040,00027,000
対実績比38.2%81.8%132.3%169.6%29.4%54.6%72.4%78.1%22.0%40.1%66.0%85.7%-
純利益(期初予)43,00043,00043,00043,00061,00061,00061,00061,00034,00034,00034,00034,00017,000
対実績比42.2%82.4%102.1%140.8%30.4%62.2%82.2%90.2%10.5%24.0%43.5%62.2%-
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2,375円2,637円3,235円2,549円2,510円2,419円1,655円1,579円1,436円1,442円1,674円1,176円-
企業価値555,678612,221722,593575,447542,017527,655356,966341,296311,408306,358355,304241,070-
時価総額512,560569,103698,157545,546536,146516,708353,577337,338306,787304,224353,170244,585-
純有利子負債43,11843,11824,43629,9015,87110,9473,3893,9584,6212,1342,134-3,515-
PER(会予)11.9倍12.4倍12.5倍9.7倍8.8倍8.5倍5.7倍5.5倍9.0倍12.2倍19.6倍13.6倍-
PBR1.2倍1.3倍1.5倍1.2倍1.1倍1.1倍0.7倍0.7倍0.6倍0.6倍0.7倍0.5倍-
PER × PBR14.0倍16.1倍19.0倍11.6倍10.1倍9.2倍4.0倍3.7倍5.5倍7.4倍13.9倍6.7倍-
EV/EBITDA(会予)8.8倍8.8倍9.3倍6.8倍6.7倍6.6倍4.7倍4.7倍4.6倍5.0倍6.1倍4.0倍-
PSR(会予)0.9倍1.0倍1.1倍0.9倍0.8倍0.8倍0.5倍0.5倍0.5倍0.5倍0.6倍0.4倍-
PCFR(会予)7.4倍7.9倍8.5倍6.7倍6.1倍5.8倍4.0倍3.8倍5.0倍5.8倍7.7倍5.1倍-
配当金---59.0円---70.0円---70.0円70.0円
配当利回り1.6%1.4%1.2%1.5%2.4%2.4%3.6%3.7%4.9%4.9%4.2%6.0%-
配当性向---20.8%---27.2%---68.8%-
自己資本配当率2.9%2.8%2.7%2.7%3.1%3.0%3.0%3.0%3.0%3.0%2.9%3.0%-
ROE13.8%13.2%13.2%13.0%11.5%11.0%11.0%10.9%4.3%4.3%4.3%4.3%-
純利益率(再掲)12.6%11.7%9.3%9.5%11.4%11.5%10.0%8.5%2.4%2.7%3.2%3.4%-
総資産回転率0.9回0.8回0.8回0.8回0.8回0.8回0.8回0.8回0.8回0.8回0.8回0.8回-
財務レバレッジ1.7倍1.7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1.5倍1.6倍-
実質ROE13.2%12.6%12.7%12.4%11.0%10.6%10.6%10.5%4.1%4.1%4.1%4.1%-
ROIC10.0%9.8%9.7%9.6%5.5%5.5%5.5%5.4%4.1%4.2%4.2%4.3%-
ROA8.2%7.9%7.7%7.6%7.0%6.9%6.8%6.8%2.6%2.7%2.7%2.7%-
β1.131.091.091.171.111.141.381.361.401.441.501.52-
βの決定係数(R2)0.370.350.350.400.330.350.470.480.510.530.560.62-
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69,54580,01777,395101,09093,34788,90584,55391,13096,49782,44484,83578,227-
売上債権139,051139,051158,888169,123165,606164,976166,367164,546155,507144,657144,657141,279-
棚卸資産97,47597,475100,391102,821103,752105,859112,361119,027119,251113,068113,068114,795-
有価証券661832611211231358123131891103,514-
前払金-------------
繰延税金資産---6,759---------
貸倒引当金-1,105-1,242-1,261-1,170-1,099-1,145-1,020-1,033-1,059-1,003-1,057-1,124-
流動資産324,345356,460368,140391,009379,979381,490385,409378,845380,860351,937370,876358,669-
固定資産
建物・構築物79,56380,74680,787203,54479,44780,24079,753207,98183,07484,30787,150220,252-
機械・運搬具79,73079,91981,691450,54378,42278,47778,245457,15978,97380,66483,218484,798-
土地---38,458---39,826---41,109-
建設仮勘定---12,347---20,522---23,113-
有形固定資産217,245219,079222,511220,717220,957224,235226,240228,492236,751239,674242,329239,838-
のれん4,1894,1243,9713,9114,0493,9933,9343,8415,5945,4935,4165,293-
無形固定資産8,5088,5018,4618,4119,3339,0918,7748,61411,38510,87510,79210,597-
投資有価証券174,836176,293176,739161,391164,663176,103172,146177,011157,741156,466161,104149,158-
繰延税金資産---2,137---2,510-----
貸倒引当金-664-613-618-555-534-545-554-543-538-527-633-640-
敷金および保証金-------------
投資その他の資産184,797186,062186,821172,350175,387186,859183,159188,086169,730168,874173,792162,628-
固定資産410,551413,643417,794401,480405,678420,187418,173425,193417,867419,423426,915413,063-
総資産734,896770,104785,935792,489785,657801,677803,583804,038798,727771,361797,791771,733-
 
負債
有利子負債合計112,663112,663104,453107,296106,961104,29492,29488,51195,75184,57884,57874,712-
仕入債務66,76866,76883,56789,78788,72082,05786,35190,71180,08967,80367,80370,776-
前受金-------------
未払法人税等2,0593,3423,0714,1332,2373,5762,5103,4391,5053,0962,7655,539-
繰延税金負債(固定)---16,640---9,521-----
負債247,892263,238275,853273,345256,983249,651251,783250,756249,139220,578247,181223,591-
 
純資産
資本金41,97041,97041,97041,97041,97041,97041,97041,97041,97041,97041,97041,970-
資本剰余金35,60234,94634,84734,57834,58034,64934,65234,29834,24534,24834,26734,234-
利益剰余金370,629387,951382,421399,033410,120429,476434,240439,080433,516438,089437,335439,701-
自己株式-21,831-21,834-18,557-19,966-19,967-19,927-19,929-19,930-20,054-20,612-24,292-21,600-
非支配株主持分49,21449,89250,38951,78050,80851,84552,23050,32153,92153,00452,86555,619-
純資産487,004506,865510,081519,144528,674552,025551,799553,282549,588550,782550,609548,141-
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21,54042,39155,52073,42123,22047,10162,87569,0667,69114,41125,10534,343-
減価償却費-13,157-27,027-13,542-27,451-14,407-29,591-
のれん償却額-138-370-131-260-192-380-
減損損失---11-------381-
受取利息及び受取配当金--1,627--2,581--1,795--2,842--1,937--2,791-
売上債権の増減額--20,261--28,607--2,162-8,059-12,044-19,048-
棚卸資産の増減額--5,414--9,759--8,545--15,750-6,397-5,694-
仕入債務の増減額-14,175-21,357--2,053--7,290--12,465--13,799-
営業CF-41,919-90,720-31,016-64,042-38,663-74,234-
投資CF
有価証券の取得0-9780-1,5480-2,5820-5,0390-1,0830-1,544-
有価証券の売却・償還02,38904,9490198064802,74004,702-
固定資産の購入0-17,1100-36,5460-19,0540-37,4090-21,6770-43,453-
固定資産の売却016502,14108280891015701,144-
貸付け-------------
貸付金の回収-------------
投資CF--16,725--33,614--19,235--42,761--21,911--33,922-
財務CF
短期借入金の純増減額--9,596--7,300--6,097--10,599--8,014--14,927-
長期借入れ-4,110-10,359-3,950-16,773-2,347-8,697-
長期借入金の返済--8,435--14,143--12,930--17,893--4,625--15,768-
社債の発行-------------
社債の償還-------------
自己株式の取得--5--7,010--3--6--3,732--8,733-
自己株式の売却-------------
配当金の支払--4,747--9,927--7,476--14,953--7,477--14,861-
財務CF--21,157--33,038--23,539--31,396--23,592--49,563-
換算差額-28--939-760-190--1,850--1,342-
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額---30,959---39,279---42,389-
研究開発費---17,748---17,360---18,410-
発行済株式総数215,814,725株215,813,654株214,023,656株213,604,172株213,603,762株213,641,577株213,640,289株213,639,727株211,359,531株210,973,966株208,776,591株207,980,434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---8,009人---8,276人---8,954人-
売上/従業員(千円)69,26669,26669,26669,26679,39979,39979,39979,39978,41878,41878,41868,499-
営利/従業員(千円)5,4475,4475,4475,4477,8347,8347,8347,8345,0015,0015,0013,826-
四半期売上(百万円)
売上5y CAGR・予想:1.0 %
四半期利益(百万円)
営利5y CAGR・予想:-11.4 %
純利5y CAGR・予想:-22.8 %
P/L
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上144,463158,480168,167164,799162,580165,796171,249149,361151,219152,150160,602149,373580,000
前期比107.0%119.2%118.7%112.2%112.5%104.6%101.8%90.6%93.0%91.8%93.8%100.0%94.6%
売上原価108,112119,188126,174127,852123,839128,612137,613122,793118,676120,956126,066116,252-
売上総利益36,35139,29241,99236,94838,74137,18433,63526,56932,54231,19534,53633,121-
%25.2%24.8%25.0%22.4%23.8%22.4%19.6%17.8%21.5%20.5%21.5%22.2%-
販管費22,20623,16923,30723,15923,13923,83524,18723,58123,74623,95624,16125,270-
営業利益14,14416,12318,68513,78915,60213,3489,4482,9888,7967,23810,3757,85127,000
前期比142.3%172.8%142.8%120.9%110.3%82.8%50.6%21.7%56.4%54.2%109.8%262.8%78.8%
%9.8%10.2%11.1%8.4%9.6%8.1%5.5%2.0%5.8%4.8%6.5%5.3%4.7%
受取利息および受取配当金1,1390001,3280001,375000-
持分法による投資利益5,7744,7253,5014,2777,08710,1837,2243,914-000-
営業外収益8,0026,4735,1614,7699,40911,3688,9494,9682,1321,9845161,101-
支払利息262265257285281264246227234239252243-
持分法による投資損失-000-0003,685180-631-1,952-
営業外費用1,3941,3401,5942,1071,9551,2402,2571,4305,7862,674-3420-
経常利益20,75221,25622,25316,45023,05623,47616,1406,5275,1426,54810,8948,53226,000
固定資産売却益-00548714000-00859-
投資有価証券売却益7871062128211007591300967534792383-
特別利益7871062121,7778147591317672,5485347929,554-
固定資産売却損-000-000-000-
投資有価証券売却損-3567,964-233611329521-00939-
減損損失-0011-000-00381-
特別損失-5119,3363256503554961,103-3629918,849-
税引前利益21,54020,85113,12917,90123,22023,88115,7746,1917,6916,72010,6949,238-
法人税等1,9642,1903,0762573,5663,5632,628-6703,2631,2453,0172,330-
%9.1%10.5%23.4%1.4%15.4%14.9%16.7%-10.8%42.4%18.5%28.2%25.2%-
当期純利益19,57518,66210,05217,64419,65420,31713,1466,8624,4285,4747,6786,907-
非支配株主に帰属する当期純利益1,4431,3401,5861,0331,0919619052,0228429121,048527-
親会社株主に帰属する当期純利益18,13117,3228,46616,61218,56219,35712,2414,8403,5854,5626,6316,38017,000
前期比214.8%171.8%50.9%129.8%102.4%111.7%144.6%29.1%19.3%23.6%54.2%131.8%80.3%
%12.6%10.9%5.0%10.1%11.4%11.7%7.1%3.2%2.4%3.0%4.1%4.3%2.9%
 
EBITDA69,66869,66869,66869,66890,13890,13890,13890,13869,09769,09769,09764,23160,971
EPS280.5円280.5円282.8円283.4円257.5円257.4円257.4円257.4円100.1円100.3円101.3円101.7円86.5円
BPS2,028.5円2,117.4円2,147.9円2,188.0円2,237.2円2,341.2円2,338.4円2,354.2円2,345.1円2,359.4円2,384.1円2,368.1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)580,000580,000580,000580,000640,000640,000640,000640,000650,000650,000650,000650,000580,000
対実績比24.9%52.2%81.2%109.6%25.4%51.3%78.1%101.4%23.3%46.7%71.4%94.4%-
営業利益(期初予)37,00037,00037,00037,00053,00053,00053,00053,00040,00040,00040,00040,00027,000
対実績比38.2%81.8%132.3%169.6%29.4%54.6%72.4%78.1%22.0%40.1%66.0%85.7%-
純利益(期初予)43,00043,00043,00043,00061,00061,00061,00061,00034,00034,00034,00034,00017,000
対実績比42.2%82.4%102.1%140.8%30.4%62.2%82.2%90.2%10.5%24.0%43.5%62.2%-
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2,375円2,637円3,235円2,549円2,510円2,419円1,655円1,579円1,436円1,442円1,674円1,176円-
企業価値555,678612,221722,593575,447542,017527,655356,966341,296311,408306,358355,304241,070-
時価総額512,560569,103698,157545,546536,146516,708353,577337,338306,787304,224353,170244,585-
純有利子負債43,11843,11824,43629,9015,87110,9473,3893,9584,6212,1342,134-3,515-
PER(会予)11.9倍12.4倍12.5倍9.7倍8.8倍8.5倍5.7倍5.5倍9.0倍12.2倍19.6倍13.6倍-
PBR1.2倍1.3倍1.5倍1.2倍1.1倍1.1倍0.7倍0.7倍0.6倍0.6倍0.7倍0.5倍-
PER × PBR14.0倍16.1倍19.0倍11.6倍10.1倍9.2倍4.0倍3.7倍5.5倍7.4倍13.9倍6.7倍-
EV/EBITDA(会予)8.8倍8.8倍9.3倍6.8倍6.7倍6.6倍4.7倍4.7倍4.6倍5.0倍6.1倍4.0倍-
PSR(会予)0.9倍1.0倍1.1倍0.9倍0.8倍0.8倍0.5倍0.5倍0.5倍0.5倍0.6倍0.4倍-
PCFR(会予)7.4倍7.9倍8.5倍6.7倍6.1倍5.8倍4.0倍3.8倍5.0倍5.8倍7.7倍5.1倍-
配当金---59.0円---70.0円---70.0円70.0円
配当利回り1.6%1.4%1.2%1.5%2.4%2.4%3.6%3.7%4.9%4.9%4.2%6.0%-
配当性向---20.8%---27.2%---68.8%-
自己資本配当率2.9%2.8%2.7%2.7%3.1%3.0%3.0%3.0%3.0%3.0%2.9%3.0%-
ROE13.8%13.2%13.2%13.0%11.5%11.0%11.0%10.9%4.3%4.3%4.3%4.3%-
純利益率(再掲)12.6%11.7%9.3%9.5%11.4%11.5%10.0%8.5%2.4%2.7%3.2%3.4%-
総資産回転率0.9回0.8回0.8回0.8回0.8回0.8回0.8回0.8回0.8回0.8回0.8回0.8回-
財務レバレッジ1.7倍1.7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1.5倍1.6倍-
実質ROE13.2%12.6%12.7%12.4%11.0%10.6%10.6%10.5%4.1%4.1%4.1%4.1%-
ROIC10.0%9.8%9.7%9.6%5.5%5.5%5.5%5.4%4.1%4.2%4.2%4.3%-
ROA8.2%7.9%7.7%7.6%7.0%6.9%6.8%6.8%2.6%2.7%2.7%2.7%-
β1.131.091.091.171.111.141.381.361.401.441.501.52-
βの決定係数(R2)0.370.350.350.400.330.350.470.480.510.530.560.62-
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69,54580,01777,395101,09093,34788,90584,55391,13096,49782,44484,83578,227-
売上債権139,051139,051158,888169,123165,606164,976166,367164,546155,507144,657144,657141,279-
棚卸資産97,47597,475100,391102,821103,752105,859112,361119,027119,251113,068113,068114,795-
有価証券661832611211231358123131891103,514-
前払金-------------
繰延税金資産---6,759---------
貸倒引当金-1,105-1,242-1,261-1,170-1,099-1,145-1,020-1,033-1,059-1,003-1,057-1,124-
流動資産324,345356,460368,140391,009379,979381,490385,409378,845380,860351,937370,876358,669-
固定資産
建物・構築物79,56380,74680,787203,54479,44780,24079,753207,98183,07484,30787,150220,252-
機械・運搬具79,73079,91981,691450,54378,42278,47778,245457,15978,97380,66483,218484,798-
土地---38,458---39,826---41,109-
建設仮勘定---12,347---20,522---23,113-
有形固定資産217,245219,079222,511220,717220,957224,235226,240228,492236,751239,674242,329239,838-
のれん4,1894,1243,9713,9114,0493,9933,9343,8415,5945,4935,4165,293-
無形固定資産8,5088,5018,4618,4119,3339,0918,7748,61411,38510,87510,79210,597-
投資有価証券174,836176,293176,739161,391164,663176,103172,146177,011157,741156,466161,104149,158-
繰延税金資産---2,137---2,510-----
貸倒引当金-664-613-618-555-534-545-554-543-538-527-633-640-
敷金および保証金-------------
投資その他の資産184,797186,062186,821172,350175,387186,859183,159188,086169,730168,874173,792162,628-
固定資産410,551413,643417,794401,480405,678420,187418,173425,193417,867419,423426,915413,063-
総資産734,896770,104785,935792,489785,657801,677803,583804,038798,727771,361797,791771,733-
 
負債
有利子負債合計112,663112,663104,453107,296106,961104,29492,29488,51195,75184,57884,57874,712-
仕入債務66,76866,76883,56789,78788,72082,05786,35190,71180,08967,80367,80370,776-
前受金-------------
未払法人税等2,0593,3423,0714,1332,2373,5762,5103,4391,5053,0962,7655,539-
繰延税金負債(固定)---16,640---9,521-----
負債247,892263,238275,853273,345256,983249,651251,783250,756249,139220,578247,181223,591-
 
純資産
資本金41,97041,97041,97041,97041,97041,97041,97041,97041,97041,97041,97041,970-
資本剰余金35,60234,94634,84734,57834,58034,64934,65234,29834,24534,24834,26734,234-
利益剰余金370,629387,951382,421399,033410,120429,476434,240439,080433,516438,089437,335439,701-
自己株式-21,831-21,834-18,557-19,966-19,967-19,927-19,929-19,930-20,054-20,612-24,292-21,600-
非支配株主持分49,21449,89250,38951,78050,80851,84552,23050,32153,92153,00452,86555,619-
純資産487,004506,865510,081519,144528,674552,025551,799553,282549,588550,782550,609548,141-
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21,54042,39155,52073,42123,22047,10162,87569,0667,69114,41125,10534,343-
減価償却費-13,157-27,027-13,542-27,451-14,407-29,591-
のれん償却額-138-370-131-260-192-380-
減損損失-0011-000-00381-
受取利息及び受取配当金--1,627--2,581--1,795--2,842--1,937--2,791-
売上債権の増減額--20,261--28,607--2,162-8,059-12,044-19,048-
棚卸資産の増減額--5,414--9,759--8,545--15,750-6,397-5,694-
仕入債務の増減額-14,175-21,357--2,053--7,290--12,465--13,799-
営業CF-41,919-90,720-31,016-64,042-38,663-74,234-
投資CF
有価証券の取得0-9780-1,5480-2,5820-5,0390-1,0830-1,544-
有価証券の売却・償還02,38904,9490198064802,74004,702-
固定資産の購入0-17,1100-36,5460-19,0540-37,4090-21,6770-43,453-
固定資産の売却016502,14108280891015701,144-
貸付け-------------
貸付金の回収-------------
投資CF--16,725--33,614--19,235--42,761--21,911--33,922-
財務CF
短期借入金の純増減額--9,596--7,300--6,097--10,599--8,014--14,927-
長期借入れ-4,110-10,359-3,950-16,773-2,347-8,697-
長期借入金の返済--8,435--14,143--12,930--17,893--4,625--15,768-
社債の発行-------------
社債の償還-------------
自己株式の取得--5--7,010--3--6--3,732--8,733-
自己株式の売却-------------
配当金の支払--4,747--9,927--7,476--14,953--7,477--14,861-
財務CF--21,157--33,038--23,539--31,396--23,592--49,563-
換算差額-28--939-760-190--1,850--1,342-
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額---30,959---39,279---42,389-
研究開発費---17,748---17,360---18,410-
発行済株式総数215,814,725株215,813,654株214,023,656株213,604,172株213,603,762株213,641,577株213,640,289株213,639,727株211,359,531株210,973,966株208,776,591株207,980,434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---8,009人---8,276人---8,954人-
売上/従業員(千円)69,26669,26669,26669,26679,39979,39979,39979,39978,41878,41878,41868,499-
営利/従業員(千円)5,4475,4475,4475,4477,8347,8347,8347,8345,0015,0015,0013,826-