通期売上(百万円)
売上5y CAGR・予想:-1.6 %
通期利益(百万円)
営利5y CAGR・予想:-1.1 %
純利5y CAGR・予想:-1.2 %
P/L
2018.32019.32020.32021.3E
売上344,667367,960333,371323,500
前期比101.7%106.8%90.6%97.0%
売上原価73,91155,59156,782-
売上総利益270,756312,369276,589-
%78.6%84.9%83.0%-
販管費155,53787,66895,094-
営業利益115,219145,081130,628110,300
前期比106.5%125.9%90.0%84.4%
%33.4%39.4%39.2%34.1%
受取利息および受取配当金27,70232,327--
持分法による投資利益----
営業外収益28,32633,256--
支払利息557581--
持分法による投資損失----
営業外費用4,8525,218--
経常利益138,692174,043158,516-
固定資産売却益-2,907--
投資有価証券売却益-17,946--
特別利益-20,854--
固定資産売却損----
投資有価証券売却損794---
減損損失51913,148--
特別損失1,31417,086--
税引前利益137,378174,043158,516-
法人税等28,58937,12436,322-
%20.8%21.3%22.9%-
当期純利益108,788136,918122,194-
非支配株主に帰属する当期純利益-78-2721-
親会社株主に帰属する当期純利益108,866137,191122,193103,600
前期比129.8%126.0%89.1%84.8%
%31.6%37.3%36.7%32.0%
 
EBITDA134,226162,232144,743-
EPS346.3円440.7円402.2円437.8円
BPS1,911.4円2,596.5円2,516.8円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)340,000346,500365,500323,500
対実績比101.4%106.2%91.2%-
営業利益(期初予)112,500119,000147,000110,300
対実績比102.4%121.9%88.9%-
純利益(期初予)92,000111,000133,000103,600
対実績比118.3%123.6%91.9%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価5,491円6,852円5,317円-
企業価値1,645,4731,964,6521,406,359-
時価総額1,742,4332,130,5711,615,220-
純有利子負債-111,615-193,962-208,861-
PER(会予)17.3倍18.0倍12.1倍-
PBR3.0倍3.4倍2.1倍-
PER × PBR51.1倍60.9倍25.7倍-
EV/EBITDA(会予)12.7倍13.7倍9.0倍-
PSR(会予)5.1倍6.0倍4.5倍-
PCFR(会予)14.8倍15.5倍11.0倍-
配当金82.0円94.0円103.0円100.0円
配当利回り1.3%1.2%1.9%-
配当性向23.7%21.3%25.6%-
自己資本配当率4.3%3.6%4.1%-
ROE18.1%17.0%16.0%-
純利益率(再掲)31.6%37.3%36.7%-
総資産回転率0.5回0.4回0.4回-
財務レバレッジ1.2倍1.2倍1.1倍-
実質ROE17.1%16.4%14.5%-
ROIC13.8%13.3%12.3%-
ROA15.3%14.6%14.0%-
β1.070.950.98-
βの決定係数(R2)0.370.380.54-
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140,106195,800208,861-
売上債権53,240100,95179,804-
棚卸資産34,63535,12533,818-
有価証券124,300150,530171,157-
前払金----
繰延税金資産11,761---
貸倒引当金-36-43--
流動資産379,504493,645516,026-
固定資産
建物・構築物118,546115,162--
機械・運搬具85,22885,178--
土地8,3528,437--
建設仮勘定1,0573,908--
有形固定資産75,95670,98671,350-
のれん32,8523,35810,854-
無形固定資産75,06047,80446,536-
投資有価証券155,675151,851--
繰延税金資産7385343,048-
貸倒引当金-42-42--
敷金および保証金----
投資その他の資産180,942187,574--
固定資産331,959444,895355,500-
総資産711,463938,540871,526-
 
負債
有利子負債合計28,4911,8380-
仕入債務8,0169,4420-
前受金----
未払法人税等19,51334,01621,886-
繰延税金負債(固定)3,123444373-
負債106,622125,452106,915-
 
純資産
資本金21,27921,27921,279-
資本剰余金20,22721,27720,432-
利益剰余金574,392613,483708,291-
自己株式-36,641-28,882-77,292-
非支配株主持分3,4664,31351-
純資産604,840813,087764,611-
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137,378174,043158,516-
減価償却費15,97214,43114,115-
のれん償却額3,0352,720--
減損損失51913,148--
受取利息及び受取配当金-27,702-32,327-348-
売上債権の増減額5,974-18,57021,371-
棚卸資産の増減額6,552-3,6371,158-
仕入債務の増減額-3,8114,922-5,747-
営業CF129,790165,000131,940-
投資CF
有価証券の取得-33,117-11,9630-
有価証券の売却・償還26,79120,7250-
固定資産の購入-17,012-25,395-11,768-
固定資産の売却1124,2600-
貸付け----
貸付金の回収----
投資CF-51,238-56,256-29,144-
財務CF
短期借入金の純増減額----
長期借入れ----
長期借入金の返済--10,000--
社債の発行----
社債の償還----
自己株式の取得-29,369-50,270-50,159-
自己株式の売却----
配当金の支払-24,235-27,639-31,122-
財務CF-53,893-89,912-88,174-
換算差額-1,581832-1,560-
その他
2018.32019.32020.32021.3E
設備投資額-7,9009,954-
研究開発費-68,32547,949-
発行済株式総数314,356,138株311,287,414株303,784,083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5,120人5,233人5,222人-
売上/従業員(千円)67,31870,31563,840-
営利/従業員(千円)22,50427,72425,015-
四半期売上(百万円)
売上5y CAGR・予想:-1.6 %
四半期利益(百万円)
営利5y CAGR・予想:-1.1 %
純利5y CAGR・予想:-1.2 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上172,172263,362344,66788,524168,203265,242367,96080,778160,877253,514333,37171,402323,500
前期比111.0%102.7%101.7%118.0%97.7%100.7%106.8%91.2%95.6%95.6%90.6%88.4%97.0%
売上原価39,67156,72373,91111,91324,72440,38055,59112,66227,89840,99456,78211,488-
売上総利益132,500206,638270,75676,610143,478224,861312,36968,116132,978212,519276,58959,913-
%77.0%78.5%78.6%86.5%85.3%84.8%84.9%84.3%82.7%83.8%83.0%83.9%-
販管費76,744116,514155,53748,96486,173127,43887,66823,06374,816113,27095,09420,866-
営業利益55,75690,124115,21927,64657,30497,423145,08131,67158,16199,249130,62825,617110,300
前期比125.9%102.7%106.5%172.9%102.8%108.1%125.9%114.6%101.5%101.9%90.0%80.9%84.4%
%32.4%34.2%33.4%31.2%34.1%36.7%39.4%39.2%36.2%39.1%39.2%35.9%34.1%
受取利息および受取配当金11,36617,73927,70210,20113,15920,51632,3275,7149,69018,446---
持分法による投資利益-------------
営業外収益11,70318,14128,32610,88714,56321,10133,2565,8619,94918,848---
支払利息20429255789173256581225175---
持分法による投資損失-------------
営業外費用1,8672,7944,8525911,7902,8755,2182,4172,8053,198---
経常利益65,592105,471138,69237,94170,077115,649174,04335,34365,305114,899158,51630,063-
固定資産売却益---2,4622,9202,8702,907--1,251---
投資有価証券売却益-----1,49717,946-2,6722,672---
特別利益---2,4622,9204,36820,854-2,6725,255---
固定資産売却損-------------
投資有価証券売却損685733794--439-530590696---
減損損失-333519---13,148------
特別損失6851,0671,3143318261,61117,086530590696---
税引前利益64,907104,404137,37840,07272,172118,406174,04335,34367,386119,459158,51630,063-
法人税等14,61724,70628,5897,59313,78923,60237,1248,18615,81428,65036,3228,524-
%22.5%23.7%20.8%18.9%19.1%19.9%21.3%23.2%23.5%24.0%22.9%28.4%-
当期純利益50,28979,698108,78832,47858,38294,803136,91827,15751,57290,808122,19421,539-
非支配株主に帰属する当期純利益-46-28-78586486458-27228-43-3612-
親会社株主に帰属する当期純利益50,33679,727108,86631,89257,89694,344137,19127,12851,61690,844122,19321,536103,600
前期比161.3%118.0%129.8%199.2%115.0%118.3%126.0%85.1%89.2%96.3%89.1%79.4%84.8%
%29.2%30.3%31.6%36.0%34.4%35.6%37.3%33.6%32.1%35.8%36.7%30.2%32.0%
 
EBITDA65,10490,124134,22627,64667,11597,423162,23235,10867,27199,249144,74329,247-
EPS341.5円343.1円346.3円436.4円436.2円441.2円440.7円392.5円392.4円398.4円402.2円402.1円340.9円
BPS1,793.1円1,853.5円1,911.4円1,980.0円2,051.0円2,021.3円2,596.5円2,142.7円2,207.5円2,246.2円2,516.8円2,528.9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)340,000340,000340,000346,500346,500346,500346,500365,500365,500365,500365,500323,500323,500
対実績比50.6%77.5%101.4%25.5%48.5%76.5%106.2%22.1%44.0%69.4%91.2%22.1%-
営業利益(期初予)112,500112,500112,500119,000119,000119,000119,000147,000147,000147,000147,000110,300110,300
対実績比49.6%80.1%102.4%23.2%48.2%81.9%121.9%21.5%39.6%67.5%88.9%23.2%-
純利益(期初予)92,00092,00092,000111,000111,000111,000111,000133,000133,000133,000133,000103,600103,600
対実績比54.7%86.7%118.3%28.7%52.2%85.0%123.6%20.4%38.8%68.3%91.9%20.8%-
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6,151円6,097円5,491円5,691円7,424円6,271円6,852円6,209円5,999円6,767円5,317円6,750円-
企業価値1,881,6511,851,3291,645,4731,677,3862,214,6021,791,0191,964,6521,738,8221,642,7821,881,9401,406,3591,881,044-
時価総額1,960,8621,943,8041,742,4331,789,0012,333,7761,972,2462,130,5711,932,7841,868,1172,107,2751,615,2202,051,082-
純有利子負債-92,475-96,960-111,615-119,174-181,227-165,919-193,962-194,095-225,335-231,619-208,861-170,038-
PER(会予)21.3倍19.2倍17.3倍16.1倍20.4倍16.6倍18.0倍14.5倍14.0倍15.6倍12.1倍19.8倍-
PBR3.7倍3.4倍3.0倍3.0倍3.7倍3.1倍3.4倍2.4倍2.7倍3.1倍2.1倍2.7倍-
PER × PBR78.6倍65.4倍51.1倍48.0倍76.4倍50.9倍60.9倍34.8倍38.2倍47.8倍25.7倍52.8倍-
EV/EBITDA(会予)14.6倍14.3倍12.7倍12.2倍15.9倍12.5倍13.7倍10.6倍10.0倍11.3倍9.0倍15.1倍-
PSR(会予)5.8倍5.6倍5.1倍5.2倍6.7倍5.6倍6.0倍5.3倍5.1倍5.7倍4.5倍6.3倍-
PCFR(会予)18.1倍16.6倍14.8倍13.8倍17.5倍14.3倍15.5倍12.9倍12.4倍13.8倍11.0倍17.4倍-
配当金--82.0円---94.0円---103.0円-106.0円
配当利回り1.2%1.2%1.3%1.4%1.1%1.3%1.2%1.5%1.6%1.4%1.9%1.5%-
配当性向--23.7%---21.3%---25.6%--
自己資本配当率4.6%4.4%4.3%4.7%4.6%4.7%3.6%4.8%4.7%4.6%4.1%4.1%-
ROE19.0%18.5%18.1%22.0%21.3%21.8%17.0%18.3%17.8%17.7%16.0%15.9%-
純利益率(再掲)29.2%30.3%31.6%36.0%34.4%35.6%37.3%33.6%32.1%35.8%36.7%30.2%-
総資産回転率0.5回0.5回0.5回0.5回0.5回0.5回0.4回0.4回0.4回0.4回0.4回0.4回-
財務レバレッジ1.2倍1.2倍1.2倍1.2倍1.2倍1.1倍1.2倍1.1倍1.1倍1.1倍1.1倍1.1倍-
実質ROE18.2%17.4%17.1%20.8%19.9%19.7%16.4%17.6%17.1%16.4%14.5%15.0%-
ROIC14.4%14.0%13.8%16.6%16.4%17.0%13.3%14.1%13.7%13.7%12.3%12.3%-
ROA15.6%15.5%15.3%18.6%18.4%19.1%14.6%16.2%15.7%16.0%14.0%14.1%-
β1.031.051.070.820.880.950.950.950.980.950.980.96-
βの決定係数(R2)0.330.330.370.280.300.370.380.400.430.430.540.56-
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122,408126,017140,106147,660194,400173,271195,800194,995226,075231,619208,861170,038-
売上債権69,25764,66853,24063,73048,85559,602100,95144,24044,26947,38779,80474,852-
棚卸資産40,32040,89834,63536,70338,86839,55035,12540,88441,49241,69933,81839,786-
有価証券105,80087,000124,300124,500103,71294,034150,530135,409139,883105,876171,157189,641-
前払金-------------
繰延税金資産--11,761----------
貸倒引当金-34-35-36-35-35-35-43-52-46-42---
流動資産366,128366,677379,504400,367406,373392,155493,645443,535480,300461,102516,026496,522-
固定資産
建物・構築物--118,546---115,162------
機械・運搬具--85,228---85,178------
土地--8,352---8,437------
建設仮勘定--1,057---3,908------
有形固定資産77,94176,64275,95674,84873,57873,53070,98674,16675,04575,60571,35069,973-
のれん35,79335,14132,85232,49832,74231,6923,35818,46617,85025,06510,85427,433-
無形固定資産85,94183,16375,06073,82572,51569,47347,80453,05350,59356,64846,53647,922-
投資有価証券145,787156,216155,675163,180166,117156,029151,851146,500133,712131,953---
繰延税金資産--738---534---3,0485,227-
貸倒引当金-42-42-42-42-42-42-42-42-42-42---
敷金および保証金-------------
投資その他の資産167,302178,105180,942189,613192,610183,448187,574183,875172,528172,082---
固定資産331,184337,911331,959338,287338,705326,451444,895311,096298,167304,336355,500368,050-
総資産697,313704,588711,463738,654745,079718,607938,540754,631778,467765,439871,526864,573-
 
負債
有利子負債合計29,93329,05728,49128,48613,1737,3521,838900740000-
仕入債務9,8149,6548,0166,8249,16710,1759,44210,0208,5819,74100-
前受金-------------
未払法人税等22,66214,61919,51320,22920,84823,10834,01614,04022,98415,03121,88615,193-
繰延税金負債(固定)--3,123---444---373364-
負債121,754112,426106,622111,19295,09085,169125,45282,67786,32975,962106,91596,083-
 
純資産
資本金21,27921,27921,27921,27921,27921,27921,27921,27921,27921,27921,27921,279-
資本剰余金20,26820,59020,22720,51220,51220,51221,27720,51220,51221,29820,43220,734-
利益剰余金546,271563,547574,392592,452617,597640,040613,483648,183675,364698,751708,291682,550-
自己株式-27,050-37,008-36,641-36,645-42,892-69,302-28,882-28,643-28,266-58,008-77,292-45,875-
非支配株主持分3,3583,4633,4664,5174,4104,4064,3134,4234,2591415153-
純資産575,558592,162604,840627,462649,988633,438813,087671,954692,137689,477764,611768,490-
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64,907104,404137,37840,07272,172118,406174,04335,34367,386119,459158,51630,063-
減価償却費7,827-15,972-8,312-14,4313,4378,220-14,1153,630-
のれん償却額1,521-3,035-1,499-2,720-890----
減損損失-333519---13,148------
受取利息及び受取配当金-11,367--27,702--13,159--32,327-36-9,691--348-25-
売上債権の増減額-9,985-5,974-4,410--18,57021,65121,804-21,3714,952-
棚卸資産の増減額997-6,552--4,108--3,637-1,276-1,534-1,158-5,976-
仕入債務の増減額-2,118--3,811-1,051-4,922-4,796-1,007--5,747-4,100-
営業CF42,817-129,790-68,196-165,00031,96961,141-131,94014,285-
投資CF
有価証券の取得-5,5000-33,1170-2,3920-11,9630-51,366000-
有価証券の売却・償還2,296026,79100020,72509,931000-
固定資産の購入-13,6270-17,0120-4,6620-25,395-3,501-6,9680-11,768-3,287-
固定資産の売却84011204,23104,26007000-
貸付け-------------
貸付金の回収-------------
投資CF-42,341--51,238--36,899--56,256-42,565611--29,144-34,034-
財務CF
短期借入金の純増減額-------------
長期借入れ-------------
長期借入金の返済-------10,000------
社債の発行-------------
社債の償還-------------
自己株式の取得-9--29,369--22,654--50,270-2-5--50,159-2-
自己株式の売却-------------
配当金の支払-12,116--24,235--13,815--27,639-15,560-15,558--31,122-16,097-
財務CF-12,270--53,893--35,503--89,912-16,393-15,765--88,174-18,582-
換算差額855--1,581-2,539-832-1,002-1,455--1,560-490-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額------7,900---9,954--
研究開発費------68,325---47,949--
発行済株式総数318,813,241株317,325,344株314,356,138株314,355,548株314,502,657株310,941,513株311,287,414株311,332,805株311,404,677株306,697,623株303,784,083株303,863,973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--5,120人---5,233人---5,222人--
売上/従業員(千円)--67,318---70,315---63,840--
営利/従業員(千円)--22,504---27,724---25,015--
四半期売上(百万円)
売上5y CAGR・予想:-1.6 %
四半期利益(百万円)
営利5y CAGR・予想:-1.1 %
純利5y CAGR・予想:-1.2 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上97,14991,19081,30588,52479,67997,039102,71880,77880,09992,63779,85771,402323,500
前期比118.6%89.9%98.7%118.0%82.0%106.4%126.3%91.2%100.5%95.5%77.7%88.4%97.0%
売上原価19,75317,05217,18811,91312,81115,65615,21112,66215,23613,09615,78811,488-
売上総利益77,39574,13864,11876,61066,86881,38387,50868,11664,86279,54164,07059,913-
%79.7%81.3%78.9%86.5%83.9%83.9%85.2%84.3%81.0%85.9%80.2%83.9%-
販管費37,62839,77039,02348,96437,20941,265-39,77023,06351,75338,454-18,17620,866-
営業利益39,76834,36825,09527,64629,65840,11947,65831,67126,49041,08831,37925,617110,300
前期比151.5%79.1%122.7%172.9%74.6%116.7%189.9%114.6%89.3%102.4%65.8%80.9%84.4%
%40.9%37.7%30.9%31.2%37.2%41.3%46.4%39.2%33.1%44.4%39.3%35.9%34.1%
受取利息および受取配当金00010,2010005,714000--
持分法による投資利益000-000-000--
営業外収益5,5626,43810,18510,8873,6766,53812,1555,8614,0888,899-18,848--
支払利息4488265898483325222924-75--
持分法による投資損失000-000-000--
営業外費用8089272,0585911,1991,0852,3432,417388393-3,198--
経常利益44,52139,87933,22137,94132,13645,57258,39435,34329,96249,59443,61730,063-
固定資産売却益0002,462458-5037-01,251-1,251--
投資有価証券売却益000-01,49716,449-2,6720-2,672--
特別利益0002,4624581,44816,486-2,6722,583-5,255--
固定資産売却損000-000-000--
投資有価証券売却損1624861-0439-43953060106-696--
減損損失0333186-0013,148-000--
特別損失16238224733149578515,47553060106-696--
税引前利益44,36039,49732,97440,07232,10046,23455,63735,34332,04352,07339,05730,063-
法人税等10,09810,0893,8837,5936,1969,81313,5228,1867,62812,8367,6728,524-
%22.8%25.5%11.8%18.9%19.3%21.2%24.3%23.2%23.8%24.7%19.6%28.4%-
当期純利益34,26229,40929,09032,47825,90436,42142,11527,15724,41539,23631,38621,539-
非支配株主に帰属する当期純利益-6318-50586-100-28-73028-717372-
親会社株主に帰属する当期純利益34,32629,39129,13931,89226,00436,44842,84727,12824,48839,22831,34921,536103,600
前期比183.9%80.9%178.4%199.2%75.8%124.0%147.0%85.1%94.2%107.6%73.2%79.4%84.8%
%35.3%32.2%35.8%36.0%32.6%37.6%41.7%33.6%30.6%42.3%39.3%30.2%32.0%
 
EBITDA65,10490,124134,22627,64667,11597,423162,23235,10867,27199,249144,74329,247-
EPS341.5円343.1円346.3円436.4円436.2円441.2円440.7円392.5円392.4円398.4円402.2円402.1円340.9円
BPS1,793.1円1,853.5円1,911.4円1,980.0円2,051.0円2,021.3円2,596.5円2,142.7円2,207.5円2,246.2円2,516.8円2,528.9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)340,000340,000340,000346,500346,500346,500346,500365,500365,500365,500365,500323,500323,500
対実績比50.6%77.5%101.4%25.5%48.5%76.5%106.2%22.1%44.0%69.4%91.2%22.1%-
営業利益(期初予)112,500112,500112,500119,000119,000119,000119,000147,000147,000147,000147,000110,300110,300
対実績比49.6%80.1%102.4%23.2%48.2%81.9%121.9%21.5%39.6%67.5%88.9%23.2%-
純利益(期初予)92,00092,00092,000111,000111,000111,000111,000133,000133,000133,000133,000103,600103,600
対実績比54.7%86.7%118.3%28.7%52.2%85.0%123.6%20.4%38.8%68.3%91.9%20.8%-
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6,151円6,097円5,491円5,691円7,424円6,271円6,852円6,209円5,999円6,767円5,317円6,750円-
企業価値1,881,6511,851,3291,645,4731,677,3862,214,6021,791,0191,964,6521,738,8221,642,7821,881,9401,406,3591,881,044-
時価総額1,960,8621,943,8041,742,4331,789,0012,333,7761,972,2462,130,5711,932,7841,868,1172,107,2751,615,2202,051,082-
純有利子負債-92,475-96,960-111,615-119,174-181,227-165,919-193,962-194,095-225,335-231,619-208,861-170,038-
PER(会予)21.3倍19.2倍17.3倍16.1倍20.4倍16.6倍18.0倍14.5倍14.0倍15.6倍12.1倍19.8倍-
PBR3.7倍3.4倍3.0倍3.0倍3.7倍3.1倍3.4倍2.4倍2.7倍3.1倍2.1倍2.7倍-
PER × PBR78.6倍65.4倍51.1倍48.0倍76.4倍50.9倍60.9倍34.8倍38.2倍47.8倍25.7倍52.8倍-
EV/EBITDA(会予)14.6倍14.3倍12.7倍12.2倍15.9倍12.5倍13.7倍10.6倍10.0倍11.3倍9.0倍15.1倍-
PSR(会予)5.8倍5.6倍5.1倍5.2倍6.7倍5.6倍6.0倍5.3倍5.1倍5.7倍4.5倍6.3倍-
PCFR(会予)18.1倍16.6倍14.8倍13.8倍17.5倍14.3倍15.5倍12.9倍12.4倍13.8倍11.0倍17.4倍-
配当金--82.0円---94.0円---103.0円-106.0円
配当利回り1.2%1.2%1.3%1.4%1.1%1.3%1.2%1.5%1.6%1.4%1.9%1.5%-
配当性向--23.7%---21.3%---25.6%--
自己資本配当率4.6%4.4%4.3%4.7%4.6%4.7%3.6%4.8%4.7%4.6%4.1%4.1%-
ROE19.0%18.5%18.1%22.0%21.3%21.8%17.0%18.3%17.8%17.7%16.0%15.9%-
純利益率(再掲)29.2%30.3%31.6%36.0%34.4%35.6%37.3%33.6%32.1%35.8%36.7%30.2%-
総資産回転率0.5回0.5回0.5回0.5回0.5回0.5回0.4回0.4回0.4回0.4回0.4回0.4回-
財務レバレッジ1.2倍1.2倍1.2倍1.2倍1.2倍1.1倍1.2倍1.1倍1.1倍1.1倍1.1倍1.1倍-
実質ROE18.2%17.4%17.1%20.8%19.9%19.7%16.4%17.6%17.1%16.4%14.5%15.0%-
ROIC14.4%14.0%13.8%16.6%16.4%17.0%13.3%14.1%13.7%13.7%12.3%12.3%-
ROA15.6%15.5%15.3%18.6%18.4%19.1%14.6%16.2%15.7%16.0%14.0%14.1%-
β1.031.051.070.820.880.950.950.950.980.950.980.96-
βの決定係数(R2)0.330.330.370.280.300.370.380.400.430.430.540.56-
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122,408126,017140,106147,660194,400173,271195,800194,995226,075231,619208,861170,038-
売上債権69,25764,66853,24063,73048,85559,602100,95144,24044,26947,38779,80474,852-
棚卸資産40,32040,89834,63536,70338,86839,55035,12540,88441,49241,69933,81839,786-
有価証券105,80087,000124,300124,500103,71294,034150,530135,409139,883105,876171,157189,641-
前払金-------------
繰延税金資産--11,761----------
貸倒引当金-34-35-36-35-35-35-43-52-46-42---
流動資産366,128366,677379,504400,367406,373392,155493,645443,535480,300461,102516,026496,522-
固定資産
建物・構築物--118,546---115,162------
機械・運搬具--85,228---85,178------
土地--8,352---8,437------
建設仮勘定--1,057---3,908------
有形固定資産77,94176,64275,95674,84873,57873,53070,98674,16675,04575,60571,35069,973-
のれん35,79335,14132,85232,49832,74231,6923,35818,46617,85025,06510,85427,433-
無形固定資産85,94183,16375,06073,82572,51569,47347,80453,05350,59356,64846,53647,922-
投資有価証券145,787156,216155,675163,180166,117156,029151,851146,500133,712131,953---
繰延税金資産--738---534---3,0485,227-
貸倒引当金-42-42-42-42-42-42-42-42-42-42---
敷金および保証金-------------
投資その他の資産167,302178,105180,942189,613192,610183,448187,574183,875172,528172,082---
固定資産331,184337,911331,959338,287338,705326,451444,895311,096298,167304,336355,500368,050-
総資産697,313704,588711,463738,654745,079718,607938,540754,631778,467765,439871,526864,573-
 
負債
有利子負債合計29,93329,05728,49128,48613,1737,3521,838900740000-
仕入債務9,8149,6548,0166,8249,16710,1759,44210,0208,5819,74100-
前受金-------------
未払法人税等22,66214,61919,51320,22920,84823,10834,01614,04022,98415,03121,88615,193-
繰延税金負債(固定)--3,123---444---373364-
負債121,754112,426106,622111,19295,09085,169125,45282,67786,32975,962106,91596,083-
 
純資産
資本金21,27921,27921,27921,27921,27921,27921,27921,27921,27921,27921,27921,279-
資本剰余金20,26820,59020,22720,51220,51220,51221,27720,51220,51221,29820,43220,734-
利益剰余金546,271563,547574,392592,452617,597640,040613,483648,183675,364698,751708,291682,550-
自己株式-27,050-37,008-36,641-36,645-42,892-69,302-28,882-28,643-28,266-58,008-77,292-45,875-
非支配株主持分3,3583,4633,4664,5174,4104,4064,3134,4234,2591415153-
純資産575,558592,162604,840627,462649,988633,438813,087671,954692,137689,477764,611768,490-
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64,907104,404137,37840,07272,172118,406174,04335,34367,386119,459158,51630,063-
減価償却費7,827-15,972-8,312-14,4313,4378,220-14,1153,630-
のれん償却額1,521-3,035-1,499-2,720-890----
減損損失0333186-0013,148-000--
受取利息及び受取配当金-11,367--27,702--13,159--32,327-36-9,691--348-25-
売上債権の増減額-9,985-5,974-4,410--18,57021,65121,804-21,3714,952-
棚卸資産の増減額997-6,552--4,108--3,637-1,276-1,534-1,158-5,976-
仕入債務の増減額-2,118--3,811-1,051-4,922-4,796-1,007--5,747-4,100-
営業CF42,817-129,790-68,196-165,00031,96961,141-131,94014,285-
投資CF
有価証券の取得-5,5000-33,1170-2,3920-11,9630-51,366000-
有価証券の売却・償還2,296026,79100020,72509,931000-
固定資産の購入-13,6270-17,0120-4,6620-25,395-3,501-6,9680-11,768-3,287-
固定資産の売却84011204,23104,26007000-
貸付け-------------
貸付金の回収-------------
投資CF-42,341--51,238--36,899--56,256-42,565611--29,144-34,034-
財務CF
短期借入金の純増減額-------------
長期借入れ-------------
長期借入金の返済-------10,000------
社債の発行-------------
社債の償還-------------
自己株式の取得-9--29,369--22,654--50,270-2-5--50,159-2-
自己株式の売却-------------
配当金の支払-12,116--24,235--13,815--27,639-15,560-15,558--31,122-16,097-
財務CF-12,270--53,893--35,503--89,912-16,393-15,765--88,174-18,582-
換算差額855--1,581-2,539-832-1,002-1,455--1,560-490-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額------7,900---9,954--
研究開発費------68,325---47,949--
発行済株式総数318,813,241株317,325,344株314,356,138株314,355,548株314,502,657株310,941,513株311,287,414株311,332,805株311,404,677株306,697,623株303,784,083株303,863,973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--5,120人---5,233人---5,222人--
売上/従業員(千円)--67,318---70,315---63,840--
営利/従業員(千円)--22,504---27,724---25,015--