通期売上(百万円)
売上5y CAGR・予想:-0.5 %
通期利益(百万円)
営利5y CAGR・予想:0.6 %
純利5y CAGR・予想:1.4 %
P/L
2017.122018.122019.122020.12E
売上1,489,4211,508,0071,502,2411,520,000
前期比102.2%101.2%99.6%101.2%
売上原価834,107853,989848,723-
売上総利益655,314654,018653,518-
%44.0%43.4%43.5%-
販管費450,523444,845442,912-
営業利益204,791207,703211,723225,000
前期比110.4%101.4%101.9%106.3%
%13.7%13.8%14.1%14.8%
受取利息および受取配当金----
持分法による投資利益-2,0822,126-
営業外収益3,4593,799--
支払利息----
持分法による投資損失----
営業外費用3,9604,251--
経常利益204,290207,251210,645-
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204,290207,251210,645-
法人税等55,68351,92060,296-
%27.3%25.1%28.6%-
当期純利益148,607155,331150,349-
非支配株主に帰属する当期純利益-1,6332,136-
親会社株主に帰属する当期純利益147,010153,698148,213157,500
前期比116.2%104.5%96.4%106.3%
%9.9%10.2%9.9%10.4%
 
EBITDA259,299268,365295,092-
EPS298.3円315.8円308.2円336.9円
BPS1,634.9円1,688.7円1,783.5円-
期初会社予想
2017.122018.122019.122020.12E
売上高(期初予)1,470,0001,540,0001,580,0001,520,000
対実績比101.3%97.9%95.1%-
営業利益(期初予)200,000215,000225,000225,000
対実績比102.4%96.6%94.1%-
純利益(期初予)138,000152,000162,000157,500
対実績比106.5%101.1%91.5%-
配当
ROEデュポン分解
β
マルチプル
2017.122018.122019.122020.12E
株価7,619円8,154円9,025円-
企業価値3,665,3953,927,4334,384,512-
時価総額3,754,3303,968,0674,340,252-
純有利子負債-136,414-145,151-162,540-
PER(会予)27.2倍26.1倍26.8倍-
PBR5.1倍5.0倍5.4倍-
PER × PBR140.0倍130.2倍144.5倍-
EV/EBITDA(会予)14.6倍14.6倍15.3倍-
PSR(会予)2.6倍2.6倍2.7倍-
PCFR(会予)19.9倍19.2倍19.5倍-
配当金110.0円120.0円130.0円130.0円
配当利回り1.2%1.3%1.3%-
配当性向36.9%38.0%42.2%-
自己資本配当率6.7%7.1%7.3%-
ROE18.2%18.7%17.3%-
純利益率(再掲)9.9%10.2%9.9%-
総資産回転率1.0回1.0回0.9回-
財務レバレッジ1.8倍1.8倍1.9倍-
実質ROE18.0%18.4%17.2%-
ROIC16.0%16.5%15.4%-
ROA10.3%10.5%9.0%-
β0.550.480.55-
βの決定係数(R2)0.140.140.17-
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260,176265,978289,681-
売上債権217,905223,102208,839-
棚卸資産183,921197,571199,672-
有価証券-15,14613,788-
前払金----
繰延税金資産----
貸倒引当金----
流動資産789,380726,312737,026-
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-418,935436,831-
のれん-46,54947,770-
無形固定資産-46,54947,770-
投資有価証券----
繰延税金資産-49,15847,876-
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637,995734,674916,893-
総資産1,427,3801,460,9861,653,919-
 
負債
有利子負債合計123,762120,827127,141-
仕入債務143,944225,560222,314-
前受金----
未払法人税等-34,19836,208-
繰延税金負債(固定)-2,8643,747-
負債608,011625,477782,498-
 
純資産
資本金85,42485,42485,424-
資本剰余金-108,245108,715-
利益剰余金634,885670,002700,839-
自己株式-9,593-11,282-4,309-
非支配株主持分12,98313,14913,726-
純資産819,364835,509871,421-
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-207,251210,645-
減価償却費54,50860,66283,369-
のれん償却額----
減損損失----
受取利息及び受取配当金--1,578-1,885-
売上債権の増減額--12,59112,862-
棚卸資産の増減額--15,677-2,848-
仕入債務の増減額-3,951696-
営業CF185,845195,610244,523-
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0-87,998-93,778-
固定資産の売却000-
貸付け----
貸付金の回収----
投資CF-96,146-157,895-94,266-
財務CF
短期借入金の純増減額-23019-
長期借入れ--46,220-
長期借入金の返済--67-40,054-
社債の発行-25,060--
社債の償還--24,939-12-
自己株式の取得--50,035-50,033-
自己株式の売却----
配当金の支払--56,838-60,512-
財務CF-53,244-108,579-126,166-
換算差額--6,234-388-
その他
2017.122018.122019.122020.12E
設備投資額89,93689,097113,335-
研究開発費56,70357,67359,100-
発行済株式総数492,774,439株486,656,728株480,916,534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33,560人33,664人33,603人-
売上/従業員(千円)44,38144,79644,706-
営利/従業員(千円)6,1026,1706,301-
四半期売上(百万円)
売上5y CAGR・予想:-0.5 %
四半期利益(百万円)
営利5y CAGR・予想:0.6 %
純利5y CAGR・予想:1.4 %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上1,080,2501,489,421350,645729,0301,097,8101,508,007346,904721,3991,109,3301,502,241337,767667,1581,430,000
前期比102.4%102.2%101.6%101.6%101.6%101.2%98.9%99.0%101.0%99.6%97.4%92.5%95.2%
売上原価610,066834,107204,399416,513627,289853,989200,726411,632629,775848,723193,432384,211-
売上総利益470,184655,314146,246312,517470,520654,018146,178309,767479,555653,518144,335282,947-
%43.5%44.0%41.7%42.9%42.9%43.4%42.1%42.9%43.2%43.5%42.7%42.4%-
販管費332,393450,523106,801221,762328,333444,845108,381224,564329,841442,912106,243209,768-
営業利益137,791204,79139,44590,755142,187207,70338,20786,386150,972211,72339,27974,484190,000
前期比105.0%110.4%102.2%103.9%103.2%101.4%96.9%95.2%106.2%101.9%102.8%86.2%89.7%
%12.8%13.7%11.2%12.4%13.0%13.8%11.0%12.0%13.6%14.1%11.6%11.2%13.3%
受取利息および受取配当金-------------
持分法による投資利益-----2,082657930-2,1267151,208-
営業外収益2,6543,4599581,7472,9053,7991,3451,8953,238----
支払利息-------------
持分法による投資損失-------------
営業外費用3,0833,9601,7402,5983,1994,2519492,7664,773----
経常利益137,362204,29038,66389,904141,893207,25138,60385,515149,437210,64537,27773,730-
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137,362204,29038,66389,904141,893207,25138,60385,515149,437210,64537,27773,730-
法人税等40,14055,68310,50726,41641,28751,92011,59727,28344,36660,29610,11822,187-
%29.2%27.3%27.2%29.4%29.1%25.1%30.0%31.9%29.7%28.6%27.1%30.1%-
当期純利益97,222148,60728,15663,488100,606155,33127,00658,232105,071150,34927,15951,543-
非支配株主に帰属する当期純利益-----1,633566937-2,136494943-
親会社株主に帰属する当期純利益96,423147,01027,77462,80599,436153,69826,44057,295103,579148,21326,66550,600134,000
前期比111.7%116.2%114.9%111.2%103.1%104.5%95.2%91.2%104.2%96.4%100.9%88.3%90.4%
%8.9%9.9%7.9%8.6%9.1%10.2%7.6%7.9%9.3%9.9%7.9%7.6%9.4%
 
EBITDA178,066259,29953,988120,249186,779268,36559,358129,035215,597295,09260,705117,180-
EPS298.3円298.3円311.9円315.8円315.8円315.8円304.5円308.2円308.2円308.2円308.2円308.2円0.0円
BPS1,480.1円1,634.9円1,608.0円1,602.0円1,635.5円1,688.7円1,692.8円1,650.1円1,673.9円1,783.5円1,748.5円1,803.3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)1,470,0001,470,0001,540,0001,540,0001,540,0001,540,0001,580,0001,580,0001,580,0001,580,0001,520,0001,520,0001,430,000
対実績比73.5%101.3%22.8%47.3%71.3%97.9%22.0%45.7%70.2%95.1%22.2%43.9%-
営業利益(期初予)200,000200,000215,000215,000215,000215,000225,000225,000225,000225,000225,000225,000190,000
対実績比68.9%102.4%18.3%42.2%66.1%96.6%17.0%38.4%67.1%94.1%17.5%33.1%-
純利益(期初予)138,000138,000152,000152,000152,000152,000162,000162,000162,000162,000157,500157,500134,000
対実績比69.9%106.5%18.3%41.3%65.4%101.1%16.3%35.4%63.9%91.5%16.9%32.1%-
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6,620円7,619円7,981円8,450円9,174円8,154円8,718円8,210円7,984円9,025円8,830円8,540円-
企業価値3,188,0863,665,3953,796,4194,117,7264,424,7793,927,4334,097,5224,064,3993,883,8804,384,5124,137,5053,950,355-
時価総額3,261,9453,754,3303,932,8334,164,3364,464,2643,968,0674,242,6733,995,5753,839,6204,340,2524,246,3854,107,199-
純有利子負債-88,935-136,414-46,610-39,485-40,634-145,15168,82470,05144,260-162,540-108,880-156,844-
PER(会予)23.6倍27.2倍25.9倍27.4倍29.4倍26.1倍26.2倍24.7倍23.7倍26.8倍---
PBR4.6倍5.1倍4.9倍5.3倍5.7倍5.0倍5.2倍4.8倍4.8倍5.4倍5.0倍4.7倍-
PER × PBR108.5倍140.0倍126.3倍144.0倍168.2倍130.2倍135.2倍119.6倍113.1倍144.5倍---
EV/EBITDA(会予)12.7倍14.6倍14.1倍15.3倍16.4倍14.6倍14.3倍14.2倍13.6倍15.3倍---
PSR(会予)2.2倍2.6倍2.6倍2.7倍2.9倍2.6倍2.7倍2.5倍2.4倍2.7倍---
PCFR(会予)17.2倍19.9倍19.0倍20.2倍21.6倍19.2倍19.1倍17.9倍17.2倍19.5倍50.9倍49.3倍-
配当金-110.0円---120.0円---130.0円--140.0円
配当利回り1.4%1.2%1.4%1.3%1.2%1.3%1.4%1.5%1.5%1.3%1.5%1.5%-
配当性向-36.9%---38.0%---42.2%---
自己資本配当率7.4%6.7%7.5%7.5%7.3%7.1%7.7%7.9%7.8%7.3%7.4%7.2%-
ROE20.2%18.2%19.4%19.7%19.3%18.7%18.0%18.7%18.4%17.3%17.6%17.1%-
純利益率(再掲)8.9%9.9%7.9%8.6%9.1%10.2%7.6%7.9%9.3%9.9%7.9%7.6%-
総資産回転率1.1回1.0回1.1回1.1回1.1回1.0回1.0回1.0回1.0回0.9回1.0回1.0回-
財務レバレッジ1.9倍1.8倍1.7倍1.7倍1.7倍1.8倍1.9倍1.9倍1.9倍1.9倍1.9倍1.8倍-
実質ROE19.9%18.0%19.2%18.3%19.0%18.4%17.7%17.3%18.3%17.2%17.5%17.0%-
ROIC17.5%16.0%17.1%17.3%17.0%16.5%13.6%14.1%13.9%15.4%15.7%15.6%-
ROA10.8%10.3%11.3%11.3%11.1%10.5%9.4%9.6%9.5%9.0%9.5%9.5%-
β0.500.550.480.310.280.480.480.490.520.550.470.47-
βの決定係数(R2)0.130.140.130.060.050.140.130.140.160.170.150.16-
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209,530260,176167,248160,043161,391265,978217,668209,886239,175289,681235,003258,764-
売上債権196,324217,905200,888204,498202,977223,102208,410198,839193,556208,839194,600168,677-
棚卸資産183,094183,921190,024194,299202,633197,571210,610208,021204,103199,672202,498214,590-
有価証券-----15,146---13,78811,0347,468-
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産710,313789,380680,520673,571656,017726,312674,413650,004670,217737,026666,141670,617-
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-----418,935-420,666423,186436,831428,710429,026-
のれん-----46,549-178,794178,60747,770178,978178,527-
無形固定資産-----46,549-224,325224,02147,77049,30148,318-
投資有価証券-------------
繰延税金資産-----49,158---47,87647,88849,492-
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646,792637,995677,046685,272727,999734,674901,395894,004897,055916,893898,848895,651-
総資産1,357,1101,427,3801,357,5701,358,8401,384,0201,460,9861,575,8081,544,0081,567,2721,653,9191,564,9891,566,268-
 
負債
有利子負債合計120,595123,762120,638120,558120,757120,827286,492279,937283,435127,141126,123101,920-
仕入債務217,791143,944204,956212,268211,433225,560214,030210,972216,653222,314204,697206,600-
前受金-------------
未払法人税等-----34,198---36,2088,02418,638-
繰延税金負債(固定)-----2,864---3,7473,7163,534-
負債614,967608,011551,642566,176574,553625,477739,012737,807749,182782,498711,615684,889-
 
純資産
資本金85,42485,42485,42485,42485,42485,42485,42485,42485,42485,42485,42485,424-
資本剰余金-----108,245---108,715108,797108,910-
利益剰余金563,039634,885634,913669,864629,671670,002667,913698,778657,129700,839696,359720,353-
自己株式-9,674-9,593-9,347-59,131-11,404-11,282-11,169-61,011-4,327-4,309-4,196-3,944-
非支配株主持分12,00212,98312,79512,43112,96113,14912,95312,62913,10013,72612,49814,125-
純資産742,138819,364805,924792,667809,463835,509836,796806,201818,090871,421853,374881,379-
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-----207,25138,60385,515-210,64537,27773,730-
減価償却費40,27554,50814,54329,49444,59260,66221,15142,64964,62583,36921,42642,696-
のれん償却額-------------
減損損失-------------
受取利息及び受取配当金------1,578-390-873--1,885-492-931-
売上債権の増減額------12,59115,93821,506-12,8629,22435,995-
棚卸資産の増減額------15,677-12,232-12,393--2,848-6,062-17,061-
仕入債務の増減額-----3,951-13,076-6,061-696-9,289-3,765-
営業CF109,622185,8451,15264,199121,784195,61085779,646161,246244,5236,56273,454-
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00000-87,998-19,159-46,040-65,587-93,778-23,477-40,713-
固定資産の売却000000000000-
貸付け-------------
貸付金の回収-------------
投資CF-69,451-96,146-67,482-85,254-142,166-157,895-16,662-43,504-61,664-94,266-21,300-35,022-
財務CF
短期借入金の純増減額-----230-22-22-19-41-41-
長期借入れ------40,10040,100-46,220---
長期借入金の返済------67-40,016-40,029--40,054-13-24-
社債の発行-----25,060-------
社債の償還------24,939--6--12--24,936-
自己株式の取得------50,035--50,021--50,033--13-
自己株式の売却-------------
配当金の支払------56,838-27,692-29,222--60,512-30,766-31,286-
財務CF-52,490-53,244-26,946-78,977-107,942-108,579-33,321-90,415-123,233-126,166-36,181-66,499-
換算差額------6,234816-1,819--388-3,759-2,850-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額65,60189,93622,54142,86469,67389,09719,15946,04065,587113,33523,47740,713-
研究開発費42,55056,70314,60028,91443,10057,67315,30030,10044,40059,100---
発行済株式総数492,758,884株492,774,439株492,820,838株486,621,375株486,640,495株486,656,728株486,671,728株480,910,988株480,914,304株480,916,534株480,904,305株480,936,652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-33,560人---33,664人---33,603人---
売上/従業員(千円)-44,381---44,796---44,706---
営利/従業員(千円)-6,102---6,170---6,301---
四半期売上(百万円)
売上5y CAGR・予想:-0.5 %
四半期利益(百万円)
営利5y CAGR・予想:0.6 %
純利5y CAGR・予想:1.4 %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上362,946409,171350,645378,385368,780410,197346,904374,495387,931392,911337,767329,3911,430,000
前期比102.1%101.7%101.6%101.7%101.6%100.3%98.9%99.0%105.2%95.8%97.4%88.0%95.2%
売上原価206,961224,041204,399212,114210,776226,700200,726210,906218,143218,948193,432190,779-
売上総利益155,985185,130146,246166,271158,003183,498146,178163,589169,788173,963144,335138,612-
%43.0%45.2%41.7%43.9%42.8%44.7%42.1%43.7%43.8%44.3%42.7%42.1%-
販管費105,548118,130106,801114,961106,571116,512108,381116,183105,277113,071106,243103,525-
営業利益50,43767,00039,44551,31051,43265,51638,20748,17964,58660,75139,27935,205190,000
前期比100.7%123.2%102.2%105.3%102.0%97.8%96.9%93.9%125.6%92.7%102.8%73.1%89.7%
%13.9%16.4%11.2%13.6%13.9%16.0%11.0%12.9%16.6%15.5%11.6%10.7%13.3%
受取利息および受取配当金00-000-000-0-
持分法による投資利益00-002,082657273-9302,126715493-
営業外収益1,0268059587891,1588941,3455501,343-3,238-0-
支払利息00-000-000-0-
持分法による投資損失00-000-000-0-
営業外費用8128771,7408586011,0529491,8172,007-4,773-0-
経常利益50,65166,92838,66351,24151,98965,35838,60346,91263,92261,20837,27736,453-
固定資産売却益00-000-000-0-
投資有価証券売却益00-000-000-0-
特別利益00-000-000-0-
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00-000-000-0-
特別損失00-000-000-0-
税引前利益50,65166,92838,66351,24151,98965,35838,60346,91263,92261,20837,27736,453-
法人税等10,37715,54310,50715,90914,87110,63311,59715,68617,08315,93010,11812,069-
%20.5%23.2%27.2%31.0%28.6%16.3%30.0%33.4%26.7%26.0%27.1%33.1%-
当期純利益40,27451,38528,15635,33237,11854,72527,00631,22646,83945,27827,15924,384-
非支配株主に帰属する当期純利益00-001,633566371-9372,136494449-
親会社株主に帰属する当期純利益39,95550,58727,77435,03136,63154,26226,44030,85546,28444,63426,66523,935134,000
前期比109.9%125.9%114.9%108.5%91.7%107.3%95.2%88.1%126.4%82.3%100.9%77.6%90.4%
%11.0%12.4%7.9%9.3%9.9%13.2%7.6%8.2%11.9%11.4%7.9%7.3%9.4%
 
EBITDA178,066259,29953,988120,249186,779268,36559,358129,035215,597295,09260,705117,180-
EPS298.3円298.3円311.9円315.8円315.8円315.8円304.5円308.2円308.2円308.2円308.2円308.2円0.0円
BPS1,480.1円1,634.9円1,608.0円1,602.0円1,635.5円1,688.7円1,692.8円1,650.1円1,673.9円1,783.5円1,748.5円1,803.3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)1,470,0001,470,0001,540,0001,540,0001,540,0001,540,0001,580,0001,580,0001,580,0001,580,0001,520,0001,520,0001,430,000
対実績比73.5%101.3%22.8%47.3%71.3%97.9%22.0%45.7%70.2%95.1%22.2%43.9%-
営業利益(期初予)200,000200,000215,000215,000215,000215,000225,000225,000225,000225,000225,000225,000190,000
対実績比68.9%102.4%18.3%42.2%66.1%96.6%17.0%38.4%67.1%94.1%17.5%33.1%-
純利益(期初予)138,000138,000152,000152,000152,000152,000162,000162,000162,000162,000157,500157,500134,000
対実績比69.9%106.5%18.3%41.3%65.4%101.1%16.3%35.4%63.9%91.5%16.9%32.1%-
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6,620円7,619円7,981円8,450円9,174円8,154円8,718円8,210円7,984円9,025円8,830円8,540円-
企業価値3,188,0863,665,3953,796,4194,117,7264,424,7793,927,4334,097,5224,064,3993,883,8804,384,5124,137,5053,950,355-
時価総額3,261,9453,754,3303,932,8334,164,3364,464,2643,968,0674,242,6733,995,5753,839,6204,340,2524,246,3854,107,199-
純有利子負債-88,935-136,414-46,610-39,485-40,634-145,15168,82470,05144,260-162,540-108,880-156,844-
PER(会予)23.6倍27.2倍25.9倍27.4倍29.4倍26.1倍26.2倍24.7倍23.7倍26.8倍---
PBR4.6倍5.1倍4.9倍5.3倍5.7倍5.0倍5.2倍4.8倍4.8倍5.4倍5.0倍4.7倍-
PER × PBR108.5倍140.0倍126.3倍144.0倍168.2倍130.2倍135.2倍119.6倍113.1倍144.5倍---
EV/EBITDA(会予)12.7倍14.6倍14.1倍15.3倍16.4倍14.6倍14.3倍14.2倍13.6倍15.3倍---
PSR(会予)2.2倍2.6倍2.6倍2.7倍2.9倍2.6倍2.7倍2.5倍2.4倍2.7倍---
PCFR(会予)17.2倍19.9倍19.0倍20.2倍21.6倍19.2倍19.1倍17.9倍17.2倍19.5倍50.9倍49.3倍-
配当金-110.0円---120.0円---130.0円--140.0円
配当利回り1.4%1.2%1.4%1.3%1.2%1.3%1.4%1.5%1.5%1.3%1.5%1.5%-
配当性向-36.9%---38.0%---42.2%---
自己資本配当率7.4%6.7%7.5%7.5%7.3%7.1%7.7%7.9%7.8%7.3%7.4%7.2%-
ROE20.2%18.2%19.4%19.7%19.3%18.7%18.0%18.7%18.4%17.3%17.6%17.1%-
純利益率(再掲)8.9%9.9%7.9%8.6%9.1%10.2%7.6%7.9%9.3%9.9%7.9%7.6%-
総資産回転率1.1回1.0回1.1回1.1回1.1回1.0回1.0回1.0回1.0回0.9回1.0回1.0回-
財務レバレッジ1.9倍1.8倍1.7倍1.7倍1.7倍1.8倍1.9倍1.9倍1.9倍1.9倍1.9倍1.8倍-
実質ROE19.9%18.0%19.2%18.3%19.0%18.4%17.7%17.3%18.3%17.2%17.5%17.0%-
ROIC17.5%16.0%17.1%17.3%17.0%16.5%13.6%14.1%13.9%15.4%15.7%15.6%-
ROA10.8%10.3%11.3%11.3%11.1%10.5%9.4%9.6%9.5%9.0%9.5%9.5%-
β0.500.550.480.310.280.480.480.490.520.550.470.47-
βの決定係数(R2)0.130.140.130.060.050.140.130.140.160.170.150.16-
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209,530260,176167,248160,043161,391265,978217,668209,886239,175289,681235,003258,764-
売上債権196,324217,905200,888204,498202,977223,102208,410198,839193,556208,839194,600168,677-
棚卸資産183,094183,921190,024194,299202,633197,571210,610208,021204,103199,672202,498214,590-
有価証券-----15,146---13,78811,0347,468-
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産710,313789,380680,520673,571656,017726,312674,413650,004670,217737,026666,141670,617-
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-----418,935-420,666423,186436,831428,710429,026-
のれん-----46,549-178,794178,60747,770178,978178,527-
無形固定資産-----46,549-224,325224,02147,77049,30148,318-
投資有価証券-------------
繰延税金資産-----49,158---47,87647,88849,492-
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646,792637,995677,046685,272727,999734,674901,395894,004897,055916,893898,848895,651-
総資産1,357,1101,427,3801,357,5701,358,8401,384,0201,460,9861,575,8081,544,0081,567,2721,653,9191,564,9891,566,268-
 
負債
有利子負債合計120,595123,762120,638120,558120,757120,827286,492279,937283,435127,141126,123101,920-
仕入債務217,791143,944204,956212,268211,433225,560214,030210,972216,653222,314204,697206,600-
前受金-------------
未払法人税等-----34,198---36,2088,02418,638-
繰延税金負債(固定)-----2,864---3,7473,7163,534-
負債614,967608,011551,642566,176574,553625,477739,012737,807749,182782,498711,615684,889-
 
純資産
資本金85,42485,42485,42485,42485,42485,42485,42485,42485,42485,42485,42485,424-
資本剰余金-----108,245---108,715108,797108,910-
利益剰余金563,039634,885634,913669,864629,671670,002667,913698,778657,129700,839696,359720,353-
自己株式-9,674-9,593-9,347-59,131-11,404-11,282-11,169-61,011-4,327-4,309-4,196-3,944-
非支配株主持分12,00212,98312,79512,43112,96113,14912,95312,62913,10013,72612,49814,125-
純資産742,138819,364805,924792,667809,463835,509836,796806,201818,090871,421853,374881,379-
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-----207,25138,60385,515-210,64537,27773,730-
減価償却費40,27554,50814,54329,49444,59260,66221,15142,64964,62583,36921,42642,696-
のれん償却額-------------
減損損失00-000-000-0-
受取利息及び受取配当金------1,578-390-873--1,885-492-931-
売上債権の増減額------12,59115,93821,506-12,8629,22435,995-
棚卸資産の増減額------15,677-12,232-12,393--2,848-6,062-17,061-
仕入債務の増減額-----3,951-13,076-6,061-696-9,289-3,765-
営業CF109,622185,8451,15264,199121,784195,61085779,646161,246244,5236,56273,454-
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00000-87,998-19,159-46,040-65,587-93,778-23,477-40,713-
固定資産の売却000000000000-
貸付け-------------
貸付金の回収-------------
投資CF-69,451-96,146-67,482-85,254-142,166-157,895-16,662-43,504-61,664-94,266-21,300-35,022-
財務CF
短期借入金の純増減額-----230-22-22-19-41-41-
長期借入れ------40,10040,100-46,220---
長期借入金の返済------67-40,016-40,029--40,054-13-24-
社債の発行-----25,060-------
社債の償還------24,939--6--12--24,936-
自己株式の取得------50,035--50,021--50,033--13-
自己株式の売却-------------
配当金の支払------56,838-27,692-29,222--60,512-30,766-31,286-
財務CF-52,490-53,244-26,946-78,977-107,942-108,579-33,321-90,415-123,233-126,166-36,181-66,499-
換算差額------6,234816-1,819--388-3,759-2,850-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額65,60189,93622,54142,86469,67389,09719,15946,04065,587113,33523,47740,713-
研究開発費42,55056,70314,60028,91443,10057,67315,30030,10044,40059,100---
発行済株式総数492,758,884株492,774,439株492,820,838株486,621,375株486,640,495株486,656,728株486,671,728株480,910,988株480,914,304株480,916,534株480,904,305株480,936,652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-33,560人---33,664人---33,603人---
売上/従業員(千円)-44,381---44,796---44,706---
営利/従業員(千円)-6,102---6,170---6,301---