通期売上(百万円)
売上5y CAGR・予想:4.7 %
通期利益(百万円)
営利5y CAGR・予想:-17.9 %
純利5y CAGR・予想:-25.4 %
P/L
2018.32019.32020.32021.3E
売上466,838459,267482,732510,000
前期比113.4%98.4%105.1%105.6%
売上原価112,345113,553129,673-
売上総利益354,493345,714353,059-
%75.9%75.3%73.1%-
販管費183,651180,439154,348-
営業利益88,17357,88483,23924,000
前期比167.1%65.6%143.8%28.8%
%18.9%12.6%17.2%4.7%
受取利息および受取配当金----
持分法による投資利益----
営業外収益2,430---
支払利息----
持分法による投資損失----
営業外費用5,737---
経常利益84,86665,04683,947-
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84,86665,04683,947-
法人税等31,41816,41948,029-
%37.0%25.2%57.2%-
当期純利益53,44848,62735,918-
非支配株主に帰属する当期純利益---4,835-
親会社株主に帰属する当期純利益53,44848,62740,7537,000
前期比184.4%91.0%83.8%17.2%
%11.4%10.6%8.4%1.4%
 
EBITDA101,06071,860100,604-
EPS134.5円122.4円102.6円78.0円
BPS1,139.5円1,253.8円1,332.7円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)450,000467,000460,000510,000
対実績比103.7%98.3%104.9%-
営業利益(期初予)55,00053,00069,00024,000
対実績比160.3%109.2%120.6%-
純利益(期初予)36,00035,00049,0007,000
対実績比148.5%138.9%83.2%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価1,786円2,737円1,403円-
企業価値664,463979,522753,677-
時価総額709,5751,087,401557,405-
純有利子負債-100,375-106,356196,272-
PER(会予)15.1倍31.1倍18.0倍-
PBR1.4倍2.2倍1.1倍-
PER × PBR20.7倍67.8倍18.9倍-
EV/EBITDA(会予)7.3倍14.9倍8.2倍-
PSR(会予)1.5倍2.3倍1.2倍-
PCFR(会予)10.8倍22.7倍11.5倍-
配当金28.0円28.0円28.0円14.0円
配当利回り1.1%1.0%2.0%-
配当性向20.8%22.9%27.3%-
自己資本配当率2.5%2.2%2.1%-
ROE11.8%9.8%7.7%-
純利益率(再掲)11.4%10.6%8.4%-
総資産回転率0.6回0.6回0.4回-
財務レバレッジ1.8倍1.7倍2.4倍-
実質ROE11.8%9.7%7.7%-
ROIC11.3%7.8%4.3%-
ROA6.6%5.8%3.3%-
β0.510.770.99-
βの決定係数(R2)0.070.070.14-
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147,775137,296101,708-
売上債権112,982118,760134,491-
棚卸資産60,16966,88979,368-
有価証券22,06643,75028,717-
前払金----
繰延税金資産----
貸倒引当金----
流動資産348,581373,268364,090-
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58,20459,48565,748-
のれん95,09799,348169,046-
無形固定資産189,681171,390421,791-
投資有価証券----
繰延税金資産41,60850,71927,107-
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461,103461,449888,788-
総資産809,684834,7171,252,878-
 
負債
有利子負債合計47,40030,940297,980-
仕入債務58,70849,23862,251-
前受金----
未払法人税等14,36815,72322,637-
繰延税金負債(固定)95-26,867-
負債356,961336,579620,773-
 
純資産
資本金22,40022,40022,400-
資本剰余金15,86015,86114,655-
利益剰余金396,037431,799457,330-
自己株式-669-674-677-
非支配株主持分--102,620-
純資産452,723498,138632,105-
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84,86665,04683,947-
減価償却費12,88713,97617,365-
のれん償却額----
減損損失----
受取利息及び受取配当金-2,430-3,702-3,564-
売上債権の増減額-2,934-3,630-16,374-
棚卸資産の増減額-4,382-3,207-14,354-
仕入債務の増減額10,493-10,86915,241-
営業CF93,42048,71146,128-
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-12,354-12,914-13,351-
固定資産の売却000-
貸付け----
貸付金の回収----
投資CF-16,523-35,049-312,684-
財務CF
短期借入金の純増減額-36,500-3,500270,000-
長期借入れ35,300---
長期借入金の返済-9,400-2,960-19,623-
社債の発行----
社債の償還-10,000-10,000--
自己株式の取得----
自己株式の売却----
配当金の支払-7,944-11,122-13,106-
財務CF-29,610-28,645231,081-
換算差額-5,1154,504-113-
その他
2018.32019.32020.32021.3E
設備投資額12,35413,20012,000-
研究開発費86,928---
発行済株式総数397,298,171株397,296,303株397,295,116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6,268人6,140人6,457人-
売上/従業員(千円)74,48074,79974,761-
営利/従業員(千円)14,0679,42712,891-
四半期売上(百万円)
売上5y CAGR・予想:4.7 %
四半期利益(百万円)
営利5y CAGR・予想:-17.9 %
純利5y CAGR・予想:-25.4 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上240,463364,121466,838115,911226,155346,871459,267117,484230,603357,017482,732133,857495,000
前期比121.4%119.2%113.4%99.7%94.0%95.3%98.4%101.4%102.0%102.9%105.1%113.9%102.5%
売上原価60,51993,170112,34528,91255,59385,181113,55328,95356,28693,342129,67335,970-
売上総利益179,943270,951354,49386,999170,562261,690345,71488,531174,317263,675353,05997,887-
%74.8%74.4%75.9%75.1%75.4%75.4%75.3%75.4%75.6%73.9%73.1%73.1%-
販管費132,699215,007183,65150,25099,016149,457180,43927,88747,03097,800154,34849,012-
営業利益47,24355,94388,17315,81429,60746,83157,88440,42366,83581,46183,23923,27124,000
前期比176.7%126.5%167.1%80.1%62.7%83.7%65.6%255.6%225.7%173.9%143.8%57.6%28.8%
%19.6%15.4%18.9%13.6%13.1%13.5%12.6%34.4%29.0%22.8%17.2%17.4%4.8%
受取利息および受取配当金9171,657-----------
持分法による投資利益-------------
営業外収益1,8383,3342,4304,8858,1216,497-------
支払利息211290-----------
持分法による投資損失-------------
営業外費用6861,2925,73768129166-------
経常利益48,39557,98584,86620,63137,59953,16265,04636,90864,14784,42283,94721,979-
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-1,934-----------
税引前利益48,39556,05184,86620,63137,59953,16265,04636,90864,14784,42283,94721,979-
法人税等13,5075,45931,4185,3849,73013,19316,41930,20533,81740,44348,0296,413-
%27.9%9.7%37.0%26.1%25.9%24.8%25.2%81.8%52.7%47.9%57.2%29.2%-
当期純利益34,88750,59153,44815,24727,86939,96948,6276,70330,33043,97935,91815,566-
非支配株主に帰属する当期純利益-----------4,835-2,693-
親会社株主に帰属する当期純利益34,88750,59153,44815,24727,86939,96948,6276,70330,33043,97940,75318,2599,000
前期比319.4%171.1%184.4%105.8%79.9%79.0%91.0%44.0%108.8%110.0%83.8%272.4%22.1%
%14.5%13.9%11.4%13.2%12.3%11.5%10.6%5.7%13.2%12.3%8.4%13.6%1.8%
 
EBITDA56,72555,943101,06019,30836,63457,30471,86044,67875,40794,363100,60427,679-
EPS134.5円134.5円134.5円122.4円122.4円122.4円122.4円102.6円102.6円102.6円102.6円102.6円17.6円
BPS1,248.5円1,300.3円1,139.5円1,177.5円1,236.1円1,253.5円1,253.8円1,231.9円1,287.9円1,308.7円1,332.7円1,361.8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)450,000450,000450,000467,000467,000467,000467,000460,000460,000460,000460,000510,000495,000
対実績比53.4%80.9%103.7%24.8%48.4%74.3%98.3%25.5%50.1%77.6%104.9%26.2%-
営業利益(期初予)55,00055,00055,00053,00053,00053,00053,00069,00069,00069,00069,00024,00024,000
対実績比85.9%101.7%160.3%29.8%55.9%88.4%109.2%58.6%96.9%118.1%120.6%97.0%-
純利益(期初予)36,00036,00036,00035,00035,00035,00035,00049,00049,00049,00049,0007,0009,000
対実績比96.9%140.5%148.5%43.6%79.6%114.2%138.9%13.7%61.9%89.8%83.2%260.8%-
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1,464円1,674円1,786円2,345円2,609円3,495円2,737円2,043円1,775円2,130円1,403円1,490円-
企業価値556,439632,789664,463831,289944,2661,283,389979,522705,320569,989711,029753,677775,832-
時価総額581,646665,079709,575931,6641,036,5501,388,5541,087,401811,676705,200846,240557,405591,970-
純有利子負債-32,290-45,112-100,375-92,284-105,165-107,879-106,356-118,766-135,211174,142196,272183,862-
PER(会予)13.2倍14.2倍15.1倍26.6倍29.6倍39.7倍31.1倍16.6倍19.6倍23.5倍18.0倍84.6倍-
PBR1.2倍1.3倍1.4倍2.1倍2.2倍2.8倍2.2倍1.6倍1.4倍1.7倍1.1倍1.1倍-
PER × PBR16.3倍19.0倍20.7倍54.8倍65.6倍112.2倍67.8倍27.0倍27.0倍38.9倍18.9倍92.5倍-
EV/EBITDA(会予)6.7倍7.0倍7.3倍12.6倍14.3倍19.5倍14.9倍8.5倍5.6倍7.0倍8.2倍18.8倍-
PSR(会予)1.3倍1.4倍1.5倍2.0倍2.2倍3.0倍2.3倍1.8倍1.5倍1.8倍1.2倍1.2倍-
PCFR(会予)9.3倍10.1倍10.8倍19.5倍21.6倍29.0倍22.7倍12.9倍14.1倍16.9倍11.5倍24.3倍-
配当金--28.0円---28.0円---28.0円-28.0円
配当利回り1.4%1.2%1.1%1.2%1.1%0.8%1.0%1.4%1.6%1.3%2.0%1.9%-
配当性向--20.8%---22.9%---27.3%--
自己資本配当率2.2%2.2%2.5%2.4%2.3%2.2%2.2%2.3%2.2%2.1%2.1%2.1%-
ROE10.8%10.3%11.8%10.4%9.9%9.8%9.8%8.3%8.0%7.8%7.7%7.5%-
純利益率(再掲)14.5%13.9%11.4%13.2%12.3%11.5%10.6%5.7%13.2%12.3%8.4%13.6%-
総資産回転率0.6回0.6回0.6回0.6回0.5回0.6回0.6回0.6回0.6回0.4回0.4回0.4回-
財務レバレッジ1.7倍1.6倍1.8倍1.8倍1.7倍1.7倍1.7倍1.7倍1.6倍2.1倍2.4倍2.3倍-
実質ROE10.8%10.3%11.8%10.4%9.9%9.8%9.7%8.3%8.0%7.8%7.7%7.5%-
ROIC10.2%9.9%11.3%8.1%7.9%7.8%7.8%6.8%6.5%4.3%4.3%4.2%-
ROA6.5%6.3%6.6%5.9%5.8%5.9%5.8%5.0%5.1%3.7%3.3%3.3%-
β0.630.650.510.450.490.780.770.830.870.930.990.95-
βの決定係数(R2)0.100.100.070.050.060.080.070.090.100.110.140.15-
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92,290104,412147,775138,944137,585139,559137,296148,966164,671129,348101,708113,378-
売上債権118,274125,014112,982120,868119,604121,479118,760120,509119,356127,820134,491137,355-
棚卸資産66,86065,28260,16965,34368,50864,98766,88965,36566,61573,29979,36878,978-
有価証券39,87532,36122,066---43,75023,99523,7143,88728,7173,797-
前払金-------------
繰延税金資産59,07452,516-----------
貸倒引当金-5-5-----------
流動資産406,214407,099348,581348,524348,990348,157373,268366,058382,680348,206364,090353,479-
固定資産
建物・構築物96,41896,522-----------
機械・運搬具78,62778,741-----------
土地6,2666,267-----------
建設仮勘定2,8664,007-----------
有形固定資産58,29858,60758,204---59,48570,05969,02671,08765,74864,518-
のれん87,90786,45295,097---99,34896,44096,601331,346169,046167,336-
無形固定資産300,649298,863189,681---171,390167,706147,675144,886421,791416,318-
投資有価証券57,99069,212-----------
繰延税金資産13314641,608---50,71930,55733,92238,91227,10728,980-
貸倒引当金-32-32-----------
敷金および保証金-------------
投資その他の資産63,38077,240-----------
固定資産422,327434,711461,103471,716487,445481,908461,449442,004422,357766,946888,788882,709-
総資産828,542841,811809,684820,240836,435830,065834,717808,062805,0371,115,1521,252,8781,236,188-
 
負債
有利子負債合計60,00059,30047,40046,66032,42031,68030,94030,20029,460303,490297,980297,240-
仕入債務15,77114,45858,70852,84149,25052,01349,23850,24248,93855,52062,25154,020-
前受金-------------
未払法人税等11,9066,28914,368---15,72311,04517,21615,59722,6379,543-
繰延税金負債(固定)33,25620,90795----21226,86726,627-
負債332,520325,185356,961352,426345,334332,062336,579318,628293,372592,800620,773599,394-
 
純資産
資本金22,40022,40022,40022,40022,40022,40022,40022,40022,40022,40022,40022,400-
資本剰余金15,86015,86015,860---15,86115,86115,86115,86114,65517,546-
利益剰余金394,145406,273396,037404,083416,705425,230431,799431,048451,606460,277457,330470,027-
自己株式-667-668-669-670-671-674-674-675-676-676-677-677-
非支配株主持分---------2,428102,62095,758-
純資産496,021516,625452,723467,814491,101498,003498,138489,434511,665522,352632,105636,794-
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48,39556,05184,86620,63137,59953,16265,04636,90864,14784,42283,94721,979-
減価償却費6,224-12,8873,4947,02710,47313,9764,2558,57212,90217,3654,408-
のれん償却額3,258------------
減損損失-------------
受取利息及び受取配当金-918--2,430-1,008-1,640-2,634-3,702-1,429-2,337-3,321-3,564-645-
売上債権の増減額-6,952--2,934-5,950-3,070-6,352-3,630-2,938-1,884-8,467-16,374-3,492-
棚卸資産の増減額2,465--4,382-2,104-2,918-1,523-3,207-1,165-2,431-7,365-14,354-668-
仕入債務の増減額1,180-10,493-7,806-12,007-7,531-10,8691,7994,1358,56715,241-7,734-
営業CF44,774-93,420-8,4926,96119,15148,7118,24731,77736,77346,128517-
投資CF
有価証券の取得-6,18100000000000-
有価証券の売却・償還000000000000-
固定資産の購入-2,6480-12,354-3,184-7,487-10,508-12,914-3,136-8,256-9,836-13,351-1,784-
固定資産の売却000000000000-
貸付け-------------
貸付金の回収-------------
投資CF-6,570--16,5234,310-646-4,214-35,04916,67510,808-284,712-312,68421,533-
財務CF
短期借入金の純増減額---36,500--3,500-3,500-3,500--270,000270,000--
長期借入れ--35,300----------
長期借入金の返済-8,000--9,400-740-1,480-2,220-2,960-740-1,480-13,188-19,623-740-
社債の発行-------------
社債の償還---10,000--10,000-10,000-10,000------
自己株式の取得-------------
自己株式の売却-------------
配当金の支払-4,368--7,944-7,451-7,546-11,114-11,122-7,465-7,545-13,098-13,106-5,486-
財務CF-12,369--29,610-8,478-23,050-27,613-28,645-9,320-11,175240,475231,081-9,334-
換算差額727--5,1153,8296,5454,4604,504-3,932-4,035-484-113-1,046-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額2,648012,3543,1847,48710,30013,2003,1368,2569,83612,0001,784-
研究開発費--86,92820,90041,32262,000-------
発行済株式総数397,299,161株397,298,686株397,298,171株397,297,727株397,297,314株397,296,553株397,296,303株397,296,030株397,295,710株397,295,459株397,295,116株397,294,982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--6,268人---6,140人---6,457人--
売上/従業員(千円)--74,480---74,799---74,761--
営利/従業員(千円)--14,067---9,427---12,891--
四半期売上(百万円)
売上5y CAGR・予想:4.7 %
四半期利益(百万円)
営利5y CAGR・予想:-17.9 %
純利5y CAGR・予想:-25.4 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上124,166123,658102,717115,911110,244120,716112,396117,484113,119126,414125,715133,857495,000
前期比131.3%115.1%96.8%99.7%88.8%97.6%109.4%101.4%102.6%104.7%111.9%113.9%102.5%
売上原価31,00332,65119,17528,91226,68129,58828,37228,95327,33337,05636,33135,970-
売上総利益93,16391,00883,54286,99983,56391,12884,02488,53185,78689,35889,38497,887-
%75.0%73.6%81.3%75.1%75.8%75.5%74.8%75.4%75.8%70.7%71.1%73.1%-
販管費65,65082,308-31,35650,25048,76650,44130,98227,88719,14350,77056,54849,012-
営業利益27,5128,70032,23015,81413,79317,22411,05340,42326,41214,6261,77823,27124,000
前期比226.0%49.7%378.4%80.1%50.1%198.0%34.3%255.6%191.5%84.9%16.1%57.6%28.8%
%22.2%7.0%31.4%13.6%12.5%14.3%9.8%34.4%23.3%11.6%1.4%17.4%4.8%
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000-000-000--
営業外収益1,1681,496-9044,8853,236-1,624-6,497-000--
支払利息9479-290-000-000--
持分法による投資損失000-000-000--
営業外費用1296064,445686137-166-000--
経常利益28,5519,59026,88120,63116,96815,56311,88436,90827,23920,275-47521,979-
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01,934-1,934-000-000--
税引前利益28,5517,65628,81520,63116,96815,56311,88436,90827,23920,275-47521,979-
法人税等8,073-8,04825,9595,3844,3463,4633,22630,2053,6126,6267,5866,413-
%28.3%-105.1%90.1%26.1%25.6%22.3%27.1%81.8%13.3%32.7%-1,597.1%29.2%-
当期純利益20,47715,7042,85715,24712,62212,1008,6586,70323,62713,649-8,06115,566-
非支配株主に帰属する当期純利益000-000-00-4,835-2,693-
親会社株主に帰属する当期純利益20,47715,7042,85715,24712,62212,1008,6586,70323,62713,649-3,22618,2599,000
前期比801.1%84.2%-492.6%105.8%61.6%77.1%303.0%44.0%187.2%112.8%-37.3%272.4%22.1%
%16.5%12.7%2.8%13.2%11.4%10.0%7.7%5.7%20.9%10.8%-2.6%13.6%1.8%
 
EBITDA56,72555,943101,06019,30836,63457,30471,86044,67875,40794,363100,60427,679-
EPS134.5円134.5円134.5円122.4円122.4円122.4円122.4円102.6円102.6円102.6円102.6円102.6円17.6円
BPS1,248.5円1,300.3円1,139.5円1,177.5円1,236.1円1,253.5円1,253.8円1,231.9円1,287.9円1,308.7円1,332.7円1,361.8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)450,000450,000450,000467,000467,000467,000467,000460,000460,000460,000460,000510,000495,000
対実績比53.4%80.9%103.7%24.8%48.4%74.3%98.3%25.5%50.1%77.6%104.9%26.2%-
営業利益(期初予)55,00055,00055,00053,00053,00053,00053,00069,00069,00069,00069,00024,00024,000
対実績比85.9%101.7%160.3%29.8%55.9%88.4%109.2%58.6%96.9%118.1%120.6%97.0%-
純利益(期初予)36,00036,00036,00035,00035,00035,00035,00049,00049,00049,00049,0007,0009,000
対実績比96.9%140.5%148.5%43.6%79.6%114.2%138.9%13.7%61.9%89.8%83.2%260.8%-
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1,464円1,674円1,786円2,345円2,609円3,495円2,737円2,043円1,775円2,130円1,403円1,490円-
企業価値556,439632,789664,463831,289944,2661,283,389979,522705,320569,989711,029753,677775,832-
時価総額581,646665,079709,575931,6641,036,5501,388,5541,087,401811,676705,200846,240557,405591,970-
純有利子負債-32,290-45,112-100,375-92,284-105,165-107,879-106,356-118,766-135,211174,142196,272183,862-
PER(会予)13.2倍14.2倍15.1倍26.6倍29.6倍39.7倍31.1倍16.6倍19.6倍23.5倍18.0倍84.6倍-
PBR1.2倍1.3倍1.4倍2.1倍2.2倍2.8倍2.2倍1.6倍1.4倍1.7倍1.1倍1.1倍-
PER × PBR16.3倍19.0倍20.7倍54.8倍65.6倍112.2倍67.8倍27.0倍27.0倍38.9倍18.9倍92.5倍-
EV/EBITDA(会予)6.7倍7.0倍7.3倍12.6倍14.3倍19.5倍14.9倍8.5倍5.6倍7.0倍8.2倍18.8倍-
PSR(会予)1.3倍1.4倍1.5倍2.0倍2.2倍3.0倍2.3倍1.8倍1.5倍1.8倍1.2倍1.2倍-
PCFR(会予)9.3倍10.1倍10.8倍19.5倍21.6倍29.0倍22.7倍12.9倍14.1倍16.9倍11.5倍24.3倍-
配当金--28.0円---28.0円---28.0円-28.0円
配当利回り1.4%1.2%1.1%1.2%1.1%0.8%1.0%1.4%1.6%1.3%2.0%1.9%-
配当性向--20.8%---22.9%---27.3%--
自己資本配当率2.2%2.2%2.5%2.4%2.3%2.2%2.2%2.3%2.2%2.1%2.1%2.1%-
ROE10.8%10.3%11.8%10.4%9.9%9.8%9.8%8.3%8.0%7.8%7.7%7.5%-
純利益率(再掲)14.5%13.9%11.4%13.2%12.3%11.5%10.6%5.7%13.2%12.3%8.4%13.6%-
総資産回転率0.6回0.6回0.6回0.6回0.5回0.6回0.6回0.6回0.6回0.4回0.4回0.4回-
財務レバレッジ1.7倍1.6倍1.8倍1.8倍1.7倍1.7倍1.7倍1.7倍1.6倍2.1倍2.4倍2.3倍-
実質ROE10.8%10.3%11.8%10.4%9.9%9.8%9.7%8.3%8.0%7.8%7.7%7.5%-
ROIC10.2%9.9%11.3%8.1%7.9%7.8%7.8%6.8%6.5%4.3%4.3%4.2%-
ROA6.5%6.3%6.6%5.9%5.8%5.9%5.8%5.0%5.1%3.7%3.3%3.3%-
β0.630.650.510.450.490.780.770.830.870.930.990.95-
βの決定係数(R2)0.100.100.070.050.060.080.070.090.100.110.140.15-
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92,290104,412147,775138,944137,585139,559137,296148,966164,671129,348101,708113,378-
売上債権118,274125,014112,982120,868119,604121,479118,760120,509119,356127,820134,491137,355-
棚卸資産66,86065,28260,16965,34368,50864,98766,88965,36566,61573,29979,36878,978-
有価証券39,87532,36122,066---43,75023,99523,7143,88728,7173,797-
前払金-------------
繰延税金資産59,07452,516-----------
貸倒引当金-5-5-----------
流動資産406,214407,099348,581348,524348,990348,157373,268366,058382,680348,206364,090353,479-
固定資産
建物・構築物96,41896,522-----------
機械・運搬具78,62778,741-----------
土地6,2666,267-----------
建設仮勘定2,8664,007-----------
有形固定資産58,29858,60758,204---59,48570,05969,02671,08765,74864,518-
のれん87,90786,45295,097---99,34896,44096,601331,346169,046167,336-
無形固定資産300,649298,863189,681---171,390167,706147,675144,886421,791416,318-
投資有価証券57,99069,212-----------
繰延税金資産13314641,608---50,71930,55733,92238,91227,10728,980-
貸倒引当金-32-32-----------
敷金および保証金-------------
投資その他の資産63,38077,240-----------
固定資産422,327434,711461,103471,716487,445481,908461,449442,004422,357766,946888,788882,709-
総資産828,542841,811809,684820,240836,435830,065834,717808,062805,0371,115,1521,252,8781,236,188-
 
負債
有利子負債合計60,00059,30047,40046,66032,42031,68030,94030,20029,460303,490297,980297,240-
仕入債務15,77114,45858,70852,84149,25052,01349,23850,24248,93855,52062,25154,020-
前受金-------------
未払法人税等11,9066,28914,368---15,72311,04517,21615,59722,6379,543-
繰延税金負債(固定)33,25620,90795----21226,86726,627-
負債332,520325,185356,961352,426345,334332,062336,579318,628293,372592,800620,773599,394-
 
純資産
資本金22,40022,40022,40022,40022,40022,40022,40022,40022,40022,40022,40022,400-
資本剰余金15,86015,86015,860---15,86115,86115,86115,86114,65517,546-
利益剰余金394,145406,273396,037404,083416,705425,230431,799431,048451,606460,277457,330470,027-
自己株式-667-668-669-670-671-674-674-675-676-676-677-677-
非支配株主持分---------2,428102,62095,758-
純資産496,021516,625452,723467,814491,101498,003498,138489,434511,665522,352632,105636,794-
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48,39556,05184,86620,63137,59953,16265,04636,90864,14784,42283,94721,979-
減価償却費6,224-12,8873,4947,02710,47313,9764,2558,57212,90217,3654,408-
のれん償却額3,258------------
減損損失000-000-000--
受取利息及び受取配当金-918--2,430-1,008-1,640-2,634-3,702-1,429-2,337-3,321-3,564-645-
売上債権の増減額-6,952--2,934-5,950-3,070-6,352-3,630-2,938-1,884-8,467-16,374-3,492-
棚卸資産の増減額2,465--4,382-2,104-2,918-1,523-3,207-1,165-2,431-7,365-14,354-668-
仕入債務の増減額1,180-10,493-7,806-12,007-7,531-10,8691,7994,1358,56715,241-7,734-
営業CF44,774-93,420-8,4926,96119,15148,7118,24731,77736,77346,128517-
投資CF
有価証券の取得-6,18100000000000-
有価証券の売却・償還000000000000-
固定資産の購入-2,6480-12,354-3,184-7,487-10,508-12,914-3,136-8,256-9,836-13,351-1,784-
固定資産の売却000000000000-
貸付け-------------
貸付金の回収-------------
投資CF-6,570--16,5234,310-646-4,214-35,04916,67510,808-284,712-312,68421,533-
財務CF
短期借入金の純増減額---36,500--3,500-3,500-3,500--270,000270,000--
長期借入れ--35,300----------
長期借入金の返済-8,000--9,400-740-1,480-2,220-2,960-740-1,480-13,188-19,623-740-
社債の発行-------------
社債の償還---10,000--10,000-10,000-10,000------
自己株式の取得-------------
自己株式の売却-------------
配当金の支払-4,368--7,944-7,451-7,546-11,114-11,122-7,465-7,545-13,098-13,106-5,486-
財務CF-12,369--29,610-8,478-23,050-27,613-28,645-9,320-11,175240,475231,081-9,334-
換算差額727--5,1153,8296,5454,4604,504-3,932-4,035-484-113-1,046-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額2,648012,3543,1847,48710,30013,2003,1368,2569,83612,0001,784-
研究開発費--86,92820,90041,32262,000-------
発行済株式総数397,299,161株397,298,686株397,298,171株397,297,727株397,297,314株397,296,553株397,296,303株397,296,030株397,295,710株397,295,459株397,295,116株397,294,982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--6,268人---6,140人---6,457人--
売上/従業員(千円)--74,480---74,799---74,761--
営利/従業員(千円)--14,067---9,427---12,891--