通期売上(百万円)
売上5y CAGR・予想:2.0 %
通期利益(百万円)
営利5y CAGR・予想:-11.3 %
純利5y CAGR・予想:-19.7 %
P/L
2018.32019.32020.32021.3E
売上421,930495,354471,967423,000
前期比108.0%117.4%95.3%89.6%
売上原価291,796347,928331,228-
売上総利益130,134147,426140,739-
%30.8%29.8%29.8%-
販管費86,977102,105104,343-
営業利益43,56945,26132,88423,000
前期比134.6%103.9%72.7%69.9%
%10.3%9.1%7.0%5.4%
受取利息および受取配当金----
持分法による投資利益33853364-
営業外収益3,6592,499--
支払利息----
持分法による投資損失----
営業外費用1,0221,352--
経常利益46,20646,40832,629-
固定資産売却益----
投資有価証券売却益----
特別利益----
固定資産売却損----
投資有価証券売却損----
減損損失----
特別損失----
税引前利益46,20646,40832,629-
法人税等11,22710,9856,859-
%24.3%23.7%21.0%-
当期純利益34,97933,58626,022-
非支配株主に帰属する当期純利益1,7492,4703,418-
親会社株主に帰属する当期純利益33,23031,11622,60415,000
前期比110.5%93.6%72.6%66.4%
%7.9%6.3%4.8%3.5%
 
EBITDA60,54267,10359,243-
EPS149.3円141.2円105.3円104.8円
BPS1,767.8円1,823.7円1,848.0円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)405,000490,000508,000423,000
対実績比104.2%101.1%92.9%-
営業利益(期初予)35,00048,00044,50023,000
対実績比124.5%94.3%73.9%-
純利益(期初予)26,50033,50031,00015,000
対実績比125.4%92.9%72.9%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価2,393円1,716円1,993円-
企業価値498,567389,047448,721-
時価総額532,619378,191427,925-
純有利子負債-45,55313,51120,796-
PER(会予)16.9倍11.3倍19.0倍-
PBR1.4倍1.0倍1.1倍-
PER × PBR23.0倍10.7倍20.5倍-
EV/EBITDA(会予)8.6倍6.0倍7.6倍-
PSR(会予)1.3倍0.8倍0.9倍-
PCFR(会予)11.5倍7.5倍8.8倍-
配当金50.0円60.0円60.0円60.0円
配当利回り2.1%2.9%3.0%-
配当性向33.5%42.5%57.0%-
自己資本配当率2.8%3.3%3.2%-
ROE8.4%7.7%5.7%-
純利益率(再掲)7.9%6.3%4.8%-
総資産回転率0.7回0.7回0.7回-
財務レバレッジ1.6倍1.7倍1.7倍-
実質ROE8.3%7.6%5.4%-
ROIC6.8%7.0%5.4%-
ROA5.1%4.5%3.3%-
β0.971.020.86-
βの決定係数(R2)0.400.390.33-
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124,95670,78561,931-
売上債権122,476135,280110,506-
棚卸資産87,567117,046112,840-
有価証券13,7765,0024,064-
前払金----
繰延税金資産----
貸倒引当金----
流動資産357,908338,983303,475-
固定資産
建物・構築物----
機械・運搬具----
土地----
建設仮勘定----
有形固定資産159,834183,457215,664-
のれん19,38959,06658,283-
無形固定資産----
投資有価証券----
繰延税金資産7,5528,7519,331-
貸倒引当金----
敷金および保証金----
投資その他の資産----
固定資産289,791352,452374,238-
総資産647,699691,435677,713-
 
負債
有利子負債合計79,40384,29682,727-
仕入債務110,303118,05392,839-
前受金----
未払法人税等4,5205,5981,757-
繰延税金負債(固定)9,9557,5653,139-
負債236,084251,075240,301-
 
純資産
資本金23,37023,37023,370-
資本剰余金18,50218,43618,242-
利益剰余金331,913351,476369,102-
自己株式-5,358-10,042-19,547-
非支配株主持分18,11638,36140,619-
純資産411,615440,360437,412-
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46,20646,40832,629-
減価償却費16,97321,84226,359-
のれん償却額----
減損損失----
受取利息及び受取配当金-2,321-1,631-1,369-
売上債権の増減額-9,7981,55323,317-
棚卸資産の増減額-5,421-22,0391,446-
仕入債務の増減額9,388-5,834-27,721-
営業CF43,59630,94054,228-
投資CF
有価証券の取得000-
有価証券の売却・償還000-
固定資産の購入-37,312-36,210-43,951-
固定資産の売却000-
貸付け-2,292-2,814-1,441-
貸付金の回収2,968290309-
投資CF-20,423-66,266-35,592-
財務CF
短期借入金の純増減額3,379-1,9382,547-
長期借入れ18,1739,2315,846-
長期借入金の返済-5,951-7,975-7,839-
社債の発行----
社債の償還----
自己株式の取得-2-5,001-10,002-
自己株式の売却----
配当金の支払-11,127-12,175-13,052-
財務CF3,860-18,966-25,264-
換算差額506121-1,049-
その他
2018.32019.32020.32021.3E
設備投資額42,40835,98145,880-
研究開発費20,30024,73325,425-
発行済株式総数222,591,366株220,431,196株214,713,837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7,203人8,748人9,050人-
売上/従業員(千円)58,57756,62552,151-
営利/従業員(千円)6,0495,1743,634-
四半期売上(百万円)
売上5y CAGR・予想:2.0 %
四半期利益(百万円)
営利5y CAGR・予想:-11.3 %
純利5y CAGR・予想:-19.7 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上203,538313,524421,930122,257245,695376,548495,354119,379240,149359,076471,96793,094423,000
前期比111.9%111.8%108.0%120.9%120.7%120.1%117.4%97.6%97.7%95.4%95.3%78.0%89.6%
売上原価139,940213,944291,79685,929173,541262,005347,92883,283168,906250,909331,22865,739-
売上総利益63,59899,580130,13436,32872,154114,543147,42636,09671,243108,167140,73927,355-
%31.2%31.8%30.8%29.7%29.4%30.4%29.8%30.2%29.7%30.1%29.8%29.4%-
販管費40,23362,42886,97725,21050,13976,604102,10525,75951,65177,583104,34324,800-
営業利益23,36537,15243,56911,48322,41337,94845,26110,32218,99929,62432,8842,35923,000
前期比190.0%177.0%134.6%90.4%95.9%102.1%103.9%89.9%84.8%78.1%72.7%22.9%69.9%
%11.5%11.8%10.3%9.4%9.1%10.1%9.1%8.6%7.9%8.3%7.0%2.5%5.4%
受取利息および受取配当金-------------
持分法による投資利益--33835353736653330219019764-111-
営業外収益1,8942,2813,6594331,6791,6952,499------
支払利息-------------
持分法による投資損失-------------
営業外費用4297431,0223225989371,352------
経常利益24,82938,69046,20611,59423,49538,70646,40810,14218,89429,50832,6291,820-
固定資産売却益-------------
投資有価証券売却益-------------
特別利益-------------
固定資産売却損-------------
投資有価証券売却損-------------
減損損失-------------
特別損失-------------
税引前利益24,82938,69046,20611,59423,49538,70646,40810,14218,89429,50832,6291,820-
法人税等5,6469,69811,2272,7526,2289,34010,9851,8773,8337,7466,859674-
%22.7%25.1%24.3%23.7%26.5%24.1%23.7%18.5%20.3%26.3%21.0%37.0%-
当期純利益19,18328,99234,9798,84217,26729,36733,5868,03815,06121,76226,0221,146-
非支配株主に帰属する当期純利益--1,749-975511,6482,4707471,5892,8173,41818-
親会社株主に帰属する当期純利益17,97027,66033,2308,93916,71727,71931,1167,29113,47218,94622,6041,12815,000
前期比164.6%123.6%110.5%94.6%93.0%100.2%93.6%81.6%80.6%68.4%72.6%15.5%66.4%
%8.8%8.8%7.9%7.3%6.8%7.4%6.3%6.1%5.6%5.3%4.8%1.2%3.5%
 
EBITDA31,43549,60260,54216,62332,74453,84367,10316,57931,61849,11659,2439,132-
EPS149.3円149.3円149.3円139.8円141.2円141.2円141.2円103.6円105.3円105.3円105.3円105.3円69.9円
BPS1,720.4円1,762.5円1,767.8円1,779.0円1,812.9円1,805.9円1,823.7円1,817.7円1,840.2円1,851.4円1,848.0円1,822.9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)405,000405,000405,000490,000490,000490,000490,000508,000508,000508,000508,000423,000423,000
対実績比50.3%77.4%104.2%25.0%50.1%76.8%101.1%23.5%47.3%70.7%92.9%22.0%-
営業利益(期初予)35,00035,00035,00048,00048,00048,00048,00044,50044,50044,50044,50023,00023,000
対実績比66.8%106.1%124.5%23.9%46.7%79.1%94.3%23.2%42.7%66.6%73.9%10.3%-
純利益(期初予)26,50026,50026,50033,50033,50033,50033,50031,00031,00031,00031,00015,00015,000
対実績比67.8%104.4%125.4%26.7%49.9%82.7%92.9%23.5%43.5%61.1%72.9%7.5%-
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2,138円2,218円2,393円1,886円2,121円1,655円1,716円1,701円1,729円2,012円1,993円2,080円-
企業価値460,973479,342498,567374,254469,127371,873389,047388,464387,025447,787448,721474,455-
時価総額475,735493,653532,619419,807472,178364,657378,191374,953371,226431,988427,925446,659-
純有利子負債-14,311-34,052-45,553-3,0517,21610,85613,5119,99315,79918,35720,79627,796-
PER(会予)18.0倍15.7倍16.9倍12.5倍14.1倍10.9倍11.3倍12.1倍12.0倍15.4倍19.0倍29.8倍-
PBR1.3倍1.3倍1.4倍1.1倍1.2倍0.9倍1.0倍0.9倍0.9倍1.1倍1.1倍1.1倍-
PER × PBR23.2倍20.2倍23.0倍13.4倍16.8倍9.9倍10.7倍11.3倍11.3倍16.9倍20.5倍34.0倍-
EV/EBITDA(会予)9.3倍8.3倍8.6倍5.8倍7.2倍5.7倍6.0倍5.9倍5.8倍7.2倍7.6倍9.6倍-
PSR(会予)1.2倍1.2倍1.3倍0.9倍1.0倍0.7倍0.8倍0.7倍0.7倍0.9倍0.9倍1.1倍-
PCFR(会予)11.6倍10.7倍11.5倍8.3倍9.4倍7.2倍7.5倍7.1倍7.0倍8.7倍8.8倍10.8倍-
配当金--50.0円---60.0円---60.0円-60.0円
配当利回り2.3%2.3%2.1%2.7%2.4%3.0%2.9%3.5%3.5%3.0%3.0%2.9%-
配当性向--33.5%---42.5%---57.0%--
自己資本配当率2.9%2.8%2.8%3.4%3.3%3.3%3.3%3.3%3.3%3.2%3.2%3.3%-
ROE8.7%8.5%8.4%7.9%7.8%7.8%7.7%5.7%5.7%5.7%5.7%5.8%-
純利益率(再掲)8.8%8.8%7.9%7.3%6.8%7.4%6.3%6.1%5.6%5.3%4.8%1.2%-
総資産回転率0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回-
財務レバレッジ1.6倍1.6倍1.6倍1.7倍1.8倍1.7倍1.7倍1.7倍1.7倍1.8倍1.7倍1.8倍-
実質ROE8.6%8.4%8.3%7.8%7.6%7.6%7.6%5.5%5.5%5.4%5.4%5.5%-
ROIC7.2%6.9%6.8%7.2%7.1%7.1%7.0%5.5%5.5%5.4%5.4%5.1%-
ROA5.5%5.2%5.1%4.6%4.4%4.5%4.5%3.3%3.4%3.2%3.3%3.3%-
β1.030.990.970.810.820.991.021.000.970.980.860.80-
βの決定係数(R2)0.440.420.400.260.250.380.390.390.390.370.330.33-
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82,441113,115124,95685,66778,23373,41170,78570,36665,04067,19861,93195,660-
売上債権117,085123,656122,476130,310140,984141,543135,280125,929116,419128,766110,50686,522-
棚卸資産86,35390,01687,56798,102109,688116,324117,046116,597116,585119,851112,840114,553-
有価証券--13,776---5,0023,1063,4453,1474,0643,566-
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産335,993351,153357,908328,357344,970344,932338,983322,005308,067328,149303,475308,312-
固定資産
建物・構築物-------------
機械・運搬具-------------
土地-------------
建設仮勘定-------------
有形固定資産--159,834---183,457198,534200,828211,867215,664222,112-
のれん--19,389---59,06657,70957,67658,46358,28357,863-
無形固定資産-------------
投資有価証券-------------
繰延税金資産--7,552---8,7517,2147,2757,4369,3319,453-
貸倒引当金-------------
敷金および保証金-------------
投資その他の資産-------------
固定資産273,017289,358289,791350,002354,821348,271352,452355,909359,383372,400374,238381,630-
総資産609,011640,510647,699678,359699,791693,203691,435677,914667,451700,548677,713689,942-
 
負債
有利子負債合計68,13079,06379,40382,61685,44984,26784,29680,35980,83985,55582,727123,456-
仕入債務96,845107,732110,303118,740127,188129,287118,053107,27092,529116,29892,83974,442-
前受金-------------
未払法人税等--4,520---5,5985,0966,1575,7131,7571,389-
繰延税金負債(固定)--9,955---7,5653,0883,5783,7873,1393,310-
負債209,597230,312236,084246,102262,876257,765251,075241,798231,932261,406240,301257,773-
 
純資産
資本金23,37023,37023,37023,37023,37023,37023,37023,37023,37023,37023,37023,370-
資本剰余金--18,502---18,43618,38618,26818,25018,24217,946-
利益剰余金321,957326,217331,913335,543343,466348,050351,476358,870364,886364,618369,102363,231-
自己株式-5,394-5,384-5,358-5,313-10,209-10,112-10,042-13,708-19,582-19,566-19,547-19,502-
非支配株主持分16,50617,91818,11636,22037,46037,42738,36139,68940,41941,62640,61940,725-
純資産399,413410,198411,615432,257436,915435,437440,360436,116435,518439,142437,412432,169-
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--46,20611,59423,49538,70646,40810,14218,89429,50832,6291,820-
減価償却費8,07012,45016,9735,14010,33115,89521,8426,25712,61919,49226,3596,773-
のれん償却額-------------
減損損失-------------
受取利息及び受取配当金---2,321-246-720-1,020-1,631-417-683-981-1,369-178-
売上債権の増減額---9,7986,500-3,101-4,3561,5538,48317,6286,07023,31723,851-
棚卸資産の増減額---5,421-3,003-13,804-21,155-22,039-101-306-2,7751,446-1,479-
仕入債務の増減額--9,388-8,0091,8866,361-5,834-9,924-24,334-5,604-27,721-15,983-
営業CF17,64927,49843,5967,34114,35124,23430,94013,20223,63538,18354,22815,800-
投資CF
有価証券の取得000000000000-
有価証券の売却・償還000000000000-
固定資産の購入00-37,312-9,679-18,754-29,471-36,210-10,642-20,979-29,439-43,951-14,937-
固定資産の売却000000000000-
貸付け---2,292-2,468-2,475-2,669-2,814-1,005-1,004-1,304-1,441-240-
貸付金の回収--2,968142147288290151153305309476-
投資CF-31,369-14,434-20,423-38,311-49,505-56,510-66,266-298-10,529-18,532-35,592-14,312-
財務CF
短期借入金の純増減額--3,379-2,705387-3,018-1,938-4,696-2,1291,5582,5471,255-
長期借入れ--18,1732,0492,3727,1509,2313,6125,0205,2495,8465,585-
長期借入金の返済---5,951-1,017-3,807-5,063-7,975-1,302-3,957-5,063-7,839-1,805-
社債の発行-----------34,839-
社債の償還-------------
自己株式の取得---2--5,000-5,000-5,001-3,717-10,001-10,002-10,0020-
自己株式の売却-------------
配当金の支払---11,127-5,564-5,562-12,171-12,175-6,611-6,611-13,051-13,052-6,465-
財務CF-2,4439773,860-7,426-11,825-19,026-18,966-13,138-17,998-23,286-25,26431,842-
換算差額--506-893257-242121-185-85448-1,049399-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額20,900-42,4089,00017,10027,80035,981---45,880--
研究開発費9,77214,98320,3005,72911,74018,40024,733---25,425--
発行済株式総数222,566,915株222,573,574株222,591,366株222,620,656株220,336,256株220,391,039株220,431,196株218,091,136株214,705,731株214,715,573株214,713,837株214,740,062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--7,203人---8,748人---9,050人--
売上/従業員(千円)--58,577---56,625---52,151--
営利/従業員(千円)--6,049---5,174---3,634--
四半期売上(百万円)
売上5y CAGR・予想:2.0 %
四半期利益(百万円)
営利5y CAGR・予想:-11.3 %
純利5y CAGR・予想:-19.7 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上102,410109,986108,406122,257123,438130,853118,806119,379120,770118,927112,89193,094423,000
前期比110.0%111.7%98.3%120.9%120.5%119.0%109.6%97.6%97.8%90.9%95.0%78.0%89.6%
売上原価71,73174,00477,85285,92987,61288,46485,92383,28385,62382,00380,31965,739-
売上総利益30,67835,98230,55436,32835,82642,38932,88336,09635,14736,92432,57227,355-
%30.0%32.7%28.2%29.7%29.0%32.4%27.7%30.2%29.1%31.0%28.9%29.4%-
販管費20,02022,19524,54925,21024,92926,46525,50125,75925,89225,93226,76024,800-
営業利益10,65913,7876,41711,48310,93015,5357,31310,3228,67710,6253,2602,35923,000
前期比160.0%158.5%56.4%90.4%102.5%112.7%114.0%89.9%79.4%68.4%44.6%22.9%69.9%
%10.4%12.5%5.9%9.4%8.9%11.9%6.2%8.6%7.2%8.9%2.9%2.5%5.4%
受取利息および受取配当金000-000-000--
持分法による投資利益00338353184-171167302-1127-133-111-
営業外収益8873871,3784331,24616804-000--
支払利息000-000-000--
持分法による投資損失000-000-000--
営業外費用204314279322276339415-000--
経常利益11,34113,8617,51611,59411,90115,2117,70210,1428,75210,6143,1211,820-
固定資産売却益000-000-000--
投資有価証券売却益000-000-000--
特別利益000-000-000--
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000-000-000--
特別損失000-000-000--
税引前利益11,34113,8617,51611,59411,90115,2117,70210,1428,75210,6143,1211,820-
法人税等2,2054,0521,5292,7523,4763,1121,6451,8771,9563,913-887674-
%19.4%29.2%20.3%23.7%29.2%20.5%21.4%18.5%22.3%36.9%-28.4%37.0%-
当期純利益9,1369,8095,9878,8428,42512,1004,2198,0387,0236,7014,2601,146-
非支配株主に帰属する当期純利益001,749-976481,0978227478421,22860118-
親会社株主に帰属する当期純利益8,5219,6905,5708,9397,77811,0023,3977,2916,1815,4743,6581,12815,000
前期比128.2%84.5%72.3%94.6%91.3%113.5%61.0%81.6%79.5%49.8%107.7%15.5%66.4%
%8.3%8.8%5.1%7.3%6.3%8.4%2.9%6.1%5.1%4.6%3.2%1.2%3.5%
 
EBITDA31,43549,60260,54216,62332,74453,84367,10316,57931,61849,11659,2439,132-
EPS149.3円149.3円149.3円139.8円141.2円141.2円141.2円103.6円105.3円105.3円105.3円105.3円69.9円
BPS1,720.4円1,762.5円1,767.8円1,779.0円1,812.9円1,805.9円1,823.7円1,817.7円1,840.2円1,851.4円1,848.0円1,822.9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)405,000405,000405,000490,000490,000490,000490,000508,000508,000508,000508,000423,000423,000
対実績比50.3%77.4%104.2%25.0%50.1%76.8%101.1%23.5%47.3%70.7%92.9%22.0%-
営業利益(期初予)35,00035,00035,00048,00048,00048,00048,00044,50044,50044,50044,50023,00023,000
対実績比66.8%106.1%124.5%23.9%46.7%79.1%94.3%23.2%42.7%66.6%73.9%10.3%-
純利益(期初予)26,50026,50026,50033,50033,50033,50033,50031,00031,00031,00031,00015,00015,000
対実績比67.8%104.4%125.4%26.7%49.9%82.7%92.9%23.5%43.5%61.1%72.9%7.5%-
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2,138円2,218円2,393円1,886円2,121円1,655円1,716円1,701円1,729円2,012円1,993円2,080円-
企業価値460,973479,342498,567374,254469,127371,873389,047388,464387,025447,787448,721474,455-
時価総額475,735493,653532,619419,807472,178364,657378,191374,953371,226431,988427,925446,659-
純有利子負債-14,311-34,052-45,553-3,0517,21610,85613,5119,99315,79918,35720,79627,796-
PER(会予)18.0倍15.7倍16.9倍12.5倍14.1倍10.9倍11.3倍12.1倍12.0倍15.4倍19.0倍29.8倍-
PBR1.3倍1.3倍1.4倍1.1倍1.2倍0.9倍1.0倍0.9倍0.9倍1.1倍1.1倍1.1倍-
PER × PBR23.2倍20.2倍23.0倍13.4倍16.8倍9.9倍10.7倍11.3倍11.3倍16.9倍20.5倍34.0倍-
EV/EBITDA(会予)9.3倍8.3倍8.6倍5.8倍7.2倍5.7倍6.0倍5.9倍5.8倍7.2倍7.6倍9.6倍-
PSR(会予)1.2倍1.2倍1.3倍0.9倍1.0倍0.7倍0.8倍0.7倍0.7倍0.9倍0.9倍1.1倍-
PCFR(会予)11.6倍10.7倍11.5倍8.3倍9.4倍7.2倍7.5倍7.1倍7.0倍8.7倍8.8倍10.8倍-
配当金--50.0円---60.0円---60.0円-60.0円
配当利回り2.3%2.3%2.1%2.7%2.4%3.0%2.9%3.5%3.5%3.0%3.0%2.9%-
配当性向--33.5%---42.5%---57.0%--
自己資本配当率2.9%2.8%2.8%3.4%3.3%3.3%3.3%3.3%3.3%3.2%3.2%3.3%-
ROE8.7%8.5%8.4%7.9%7.8%7.8%7.7%5.7%5.7%5.7%5.7%5.8%-
純利益率(再掲)8.8%8.8%7.9%7.3%6.8%7.4%6.3%6.1%5.6%5.3%4.8%1.2%-
総資産回転率0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回-
財務レバレッジ1.6倍1.6倍1.6倍1.7倍1.8倍1.7倍1.7倍1.7倍1.7倍1.8倍1.7倍1.8倍-
実質ROE8.6%8.4%8.3%7.8%7.6%7.6%7.6%5.5%5.5%5.4%5.4%5.5%-
ROIC7.2%6.9%6.8%7.2%7.1%7.1%7.0%5.5%5.5%5.4%5.4%5.1%-
ROA5.5%5.2%5.1%4.6%4.4%4.5%4.5%3.3%3.4%3.2%3.3%3.3%-
β1.030.990.970.810.820.991.021.000.970.980.860.80-
βの決定係数(R2)0.440.420.400.260.250.380.390.390.390.370.330.33-
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82,441113,115124,95685,66778,23373,41170,78570,36665,04067,19861,93195,660-
売上債権117,085123,656122,476130,310140,984141,543135,280125,929116,419128,766110,50686,522-
棚卸資産86,35390,01687,56798,102109,688116,324117,046116,597116,585119,851112,840114,553-
有価証券--13,776---5,0023,1063,4453,1474,0643,566-
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産335,993351,153357,908328,357344,970344,932338,983322,005308,067328,149303,475308,312-
固定資産
建物・構築物-------------
機械・運搬具-------------
土地-------------
建設仮勘定-------------
有形固定資産--159,834---183,457198,534200,828211,867215,664222,112-
のれん--19,389---59,06657,70957,67658,46358,28357,863-
無形固定資産-------------
投資有価証券-------------
繰延税金資産--7,552---8,7517,2147,2757,4369,3319,453-
貸倒引当金-------------
敷金および保証金-------------
投資その他の資産-------------
固定資産273,017289,358289,791350,002354,821348,271352,452355,909359,383372,400374,238381,630-
総資産609,011640,510647,699678,359699,791693,203691,435677,914667,451700,548677,713689,942-
 
負債
有利子負債合計68,13079,06379,40382,61685,44984,26784,29680,35980,83985,55582,727123,456-
仕入債務96,845107,732110,303118,740127,188129,287118,053107,27092,529116,29892,83974,442-
前受金-------------
未払法人税等--4,520---5,5985,0966,1575,7131,7571,389-
繰延税金負債(固定)--9,955---7,5653,0883,5783,7873,1393,310-
負債209,597230,312236,084246,102262,876257,765251,075241,798231,932261,406240,301257,773-
 
純資産
資本金23,37023,37023,37023,37023,37023,37023,37023,37023,37023,37023,37023,370-
資本剰余金--18,502---18,43618,38618,26818,25018,24217,946-
利益剰余金321,957326,217331,913335,543343,466348,050351,476358,870364,886364,618369,102363,231-
自己株式-5,394-5,384-5,358-5,313-10,209-10,112-10,042-13,708-19,582-19,566-19,547-19,502-
非支配株主持分16,50617,91818,11636,22037,46037,42738,36139,68940,41941,62640,61940,725-
純資産399,413410,198411,615432,257436,915435,437440,360436,116435,518439,142437,412432,169-
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--46,20611,59423,49538,70646,40810,14218,89429,50832,6291,820-
減価償却費8,07012,45016,9735,14010,33115,89521,8426,25712,61919,49226,3596,773-
のれん償却額-------------
減損損失000-000-000--
受取利息及び受取配当金---2,321-246-720-1,020-1,631-417-683-981-1,369-178-
売上債権の増減額---9,7986,500-3,101-4,3561,5538,48317,6286,07023,31723,851-
棚卸資産の増減額---5,421-3,003-13,804-21,155-22,039-101-306-2,7751,446-1,479-
仕入債務の増減額--9,388-8,0091,8866,361-5,834-9,924-24,334-5,604-27,721-15,983-
営業CF17,64927,49843,5967,34114,35124,23430,94013,20223,63538,18354,22815,800-
投資CF
有価証券の取得000000000000-
有価証券の売却・償還000000000000-
固定資産の購入00-37,312-9,679-18,754-29,471-36,210-10,642-20,979-29,439-43,951-14,937-
固定資産の売却000000000000-
貸付け---2,292-2,468-2,475-2,669-2,814-1,005-1,004-1,304-1,441-240-
貸付金の回収--2,968142147288290151153305309476-
投資CF-31,369-14,434-20,423-38,311-49,505-56,510-66,266-298-10,529-18,532-35,592-14,312-
財務CF
短期借入金の純増減額--3,379-2,705387-3,018-1,938-4,696-2,1291,5582,5471,255-
長期借入れ--18,1732,0492,3727,1509,2313,6125,0205,2495,8465,585-
長期借入金の返済---5,951-1,017-3,807-5,063-7,975-1,302-3,957-5,063-7,839-1,805-
社債の発行-----------34,839-
社債の償還-------------
自己株式の取得---2--5,000-5,000-5,001-3,717-10,001-10,002-10,0020-
自己株式の売却-------------
配当金の支払---11,127-5,564-5,562-12,171-12,175-6,611-6,611-13,051-13,052-6,465-
財務CF-2,4439773,860-7,426-11,825-19,026-18,966-13,138-17,998-23,286-25,26431,842-
換算差額--506-893257-242121-185-85448-1,049399-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額20,900-42,4089,00017,10027,80035,981---45,880--
研究開発費9,77214,98320,3005,72911,74018,40024,733---25,425--
発行済株式総数222,566,915株222,573,574株222,591,366株222,620,656株220,336,256株220,391,039株220,431,196株218,091,136株214,705,731株214,715,573株214,713,837株214,740,062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--7,203人---8,748人---9,050人--
売上/従業員(千円)--58,577---56,625---52,151--
営利/従業員(千円)--6,049---5,174---3,634--