通期売上(百万円)
売上5y CAGR・予想:6.9 %
通期利益(百万円)
営利5y CAGR・予想:12.6 %
純利5y CAGR・予想:13.0 %
P/L
2017.122018.122019.122020.12E
売上691,166759,871886,536864,000
前期比107.4%109.9%116.7%97.5%
売上原価541,339602,054706,537-
売上総利益149,827157,817179,999-
%21.7%20.8%20.3%-
販管費105,440109,758117,806-
営業利益44,38648,05862,19263,700
前期比111.8%108.3%129.4%102.4%
%6.4%6.3%7.0%7.4%
受取利息および受取配当金146175196-
持分法による投資利益264259572-
営業外収益1,1291,2821,571-
支払利息474747-
持分法による投資損失----
営業外費用565558-
経常利益45,46049,28563,70664,600
固定資産売却益10796--
投資有価証券売却益70234-
特別利益17810634-
固定資産売却損----
投資有価証券売却損6---
減損損失234227967-
特別損失2752921,072-
税引前利益45,36349,10062,668-
法人税等13,46015,12218,706-
%29.7%30.8%29.8%-
当期純利益31,90233,97743,962-
非支配株主に帰属する当期純利益342375465-
親会社株主に帰属する当期純利益31,56033,60143,49743,530
前期比118.3%106.5%129.5%100.1%
%4.6%4.4%4.9%5.0%
 
EBITDA50,52454,49669,420-
EPS166.5円177.2円229.4円202.8円
BPS1,122.9円1,211.6円1,367.8円-
期初会社予想
2017.122018.122019.122020.12E
売上高(期初予)671,000720,000803,000864,000
対実績比103.0%105.5%110.4%-
営業利益(期初予)41,00047,30050,40063,700
対実績比108.3%101.6%123.4%-
純利益(期初予)27,28031,88034,21043,530
対実績比115.7%105.4%127.1%-
配当
ROEデュポン分解
β
マルチプル
2017.122018.122019.122020.12E
株価4,320円3,020円4,375円-
企業価値691,247432,592673,849-
時価総額819,079572,596829,505-
純有利子負債-127,537-143,330-167,344-
PER(会予)30.0倍18.0倍21.6倍-
PBR4.0倍2.6倍3.4倍-
PER × PBR120.5倍46.1倍72.5倍-
EV/EBITDA(会予)14.7倍8.1倍10.8倍-
PSR(会予)1.2倍0.8倍1.0倍-
PCFR(会予)24.6倍15.1倍18.5倍-
配当金70.0円85.0円110.0円95.0円
配当利回り1.4%2.3%1.9%-
配当性向42.1%48.0%47.9%-
自己資本配当率12.5%7.0%8.0%-
ROE14.8%14.6%16.8%-
純利益率(再掲)4.6%4.4%4.9%-
総資産回転率1.8回1.9回1.9回-
財務レバレッジ1.8倍1.8倍1.8倍-
実質ROE14.8%14.6%16.8%-
ROIC13.9%13.9%16.3%-
ROA8.3%8.3%9.4%-
β0.710.750.87-
βの決定係数(R2)0.190.230.31-
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136,410150,888175,427-
売上債権122,144132,352149,574-
棚卸資産26,59827,50634,545-
有価証券----
前払金----
繰延税金資産2,8873,181--
貸倒引当金-120-113-120-
流動資産309,245331,468382,485-
固定資産
建物・構築物58,75458,13858,933-
機械・運搬具----
土地16,16515,60415,351-
建設仮勘定----
有形固定資産37,61036,62935,947-
のれん----
無形固定資産12,16613,78914,511-
投資有価証券15,30614,60917,358-
繰延税金資産1,3696,1446,895-
貸倒引当金-170-187-229-
敷金および保証金----
投資その他の資産21,29424,84428,867-
固定資産71,07175,26379,326-
総資産380,317406,732461,812-
 
負債
有利子負債合計8,8737,5588,083-
仕入債務83,10789,322102,006-
前受金12,36114,35014,742-
未払法人税等8,2749,32613,270-
繰延税金負債(固定)81---
負債165,785175,067200,190-
 
純資産
資本金10,37410,37410,374-
資本剰余金16,25416,25416,254-
利益剰余金189,816209,335236,544-
自己株式-137-139-139-
非支配株主持分1,6341,9382,293-
純資産214,532231,664261,622-
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45,36349,10062,668-
減価償却費6,1386,4387,228-
のれん償却額----
減損損失234227967-
受取利息及び受取配当金-146-176-197-
売上債権の増減額-12,119-10,255-17,263-
棚卸資産の増減額39-909-7,038-
仕入債務の増減額7,3196,24613,884-
営業CF36,15338,64648,762-
投資CF
有価証券の取得-46-3,065-43-
有価証券の売却・償還1401065-
固定資産の購入-1,476-2,436-2,152-
固定資産の売却9002430-
貸付け-2---
貸付金の回収2539--
投資CF-5,243-11,096-7,934-
財務CF
短期借入金の純増減額-100-100--
長期借入れ----
長期借入金の返済----
社債の発行----
社債の償還----
自己株式の取得----
自己株式の売却----
配当金の支払-11,367-13,265-16,109-
財務CF-11,528-13,470-16,221-
換算差額-19-76-
その他
2017.122018.122019.122020.12E
設備投資額6,4018,3007,860-
研究開発費--476-
発行済株式総数189,601,666株189,601,252株189,601,212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8,658人8,732人8,912人-
売上/従業員(千円)79,83087,02199,477-
営利/従業員(千円)5,1275,5046,978-
四半期売上(百万円)
売上5y CAGR・予想:6.9 %
四半期利益(百万円)
営利5y CAGR・予想:12.6 %
純利5y CAGR・予想:13.0 %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上516,528691,166191,225389,863566,125759,871218,681450,154667,098886,536224,329432,943839,000
前期比107.0%107.4%106.1%109.0%109.6%109.9%114.4%115.5%117.8%116.7%102.6%96.2%94.6%
売上原価404,550541,339152,227307,912449,988602,054175,764359,271533,852706,537178,185344,294-
売上総利益111,978149,82738,99881,951116,137157,81742,91790,882133,246179,99946,14388,648-
%21.7%21.7%20.4%21.0%20.5%20.8%19.6%20.2%20.0%20.3%20.6%20.5%-
販管費78,778105,44027,14754,77282,045109,75828,26857,00287,019117,80629,99658,337-
営業利益33,20044,38611,85127,17834,09148,05814,64833,88046,22762,19216,14730,31063,700
前期比112.9%111.8%100.9%101.3%102.7%108.3%123.6%124.7%135.6%129.4%110.2%89.5%102.4%
%6.4%6.4%6.2%7.0%6.0%6.3%6.7%7.5%6.9%7.0%7.2%7.0%7.6%
受取利息および受取配当金92146281031171752211912019624110-
持分法による投資利益239264150178229259227295454572141202-
営業外収益8991,1293907209861,2824578621,2061,571349683-
支払利息364713253647122436471021-
持分法による投資損失-------------
営業外費用445618314355193246581230-
経常利益34,05545,46012,22227,86835,03549,28515,08734,71047,38763,70616,48430,96364,600
固定資産売却益107107--9696-------
投資有価証券売却益-70---2--27341212-
特別利益107178--96106--27341212-
固定資産売却損-------------
投資有価証券売却損-6-----------
減損損失-234---227---967---
特別損失3227501733292516171,072918-
税引前利益34,13045,36312,22227,85035,09949,10015,08234,69347,39762,66816,48630,956-
法人税等10,47413,4604,0308,85110,97515,1224,91110,93014,80418,7065,4419,881-
%30.7%29.7%33.0%31.8%31.3%30.8%32.6%31.5%31.2%29.8%33.0%31.9%-
当期純利益23,65631,9028,19218,99924,12333,97710,17023,76332,59243,96211,04421,075-
非支配株主に帰属する当期純利益245342128207288375128241352465162285-
親会社株主に帰属する当期純利益23,41031,5608,06418,79123,83533,60110,04223,52232,23943,49710,88220,78943,530
前期比118.8%118.3%100.2%101.3%101.8%106.5%124.5%125.2%135.3%129.5%108.4%88.4%100.1%
%4.5%4.6%4.2%4.8%4.2%4.4%4.6%5.2%4.8%4.9%4.9%4.8%5.2%
 
EBITDA37,78450,52413,33830,27338,83854,49616,22837,37951,56269,42017,91133,937-
EPS166.5円166.5円177.2円177.2円177.2円177.2円229.4円229.4円229.4円229.4円229.4円229.4円229.6円
BPS1,076.0円1,122.9円1,095.5円1,146.7円1,175.8円1,211.6円1,182.1円1,261.2円1,302.5円1,367.8円1,299.1円1,361.3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)671,000671,000720,000720,000720,000720,000803,000803,000803,000803,000864,000864,000839,000
対実績比77.0%103.0%26.6%54.1%78.6%105.5%27.2%56.1%83.1%110.4%26.0%50.1%-
営業利益(期初予)41,00041,00047,30047,30047,30047,30050,40050,40050,40050,40063,70063,70063,700
対実績比81.0%108.3%25.1%57.5%72.1%101.6%29.1%67.2%91.7%123.4%25.3%47.6%-
純利益(期初予)27,28027,28031,88031,88031,88031,88034,21034,21034,21034,21043,53043,53043,530
対実績比85.8%115.7%25.3%58.9%74.8%105.4%29.4%68.8%94.2%127.1%25.0%47.8%-
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3,605円4,320円5,360円4,345円4,240円3,020円4,135円4,335円4,305円4,375円4,620円5,680円-
企業価値547,705691,247888,728699,359655,926432,592640,671683,534660,577673,849714,539892,736-
時価総額683,514819,0791,016,265823,819803,909572,596784,001821,921816,233829,505875,9581,076,935-
純有利子負債-127,832-127,537-124,460-147,983-140,004-143,330-138,387-159,882-155,656-167,344-161,419-184,199-
PER(会予)25.1倍30.0倍31.9倍25.8倍25.2倍18.0倍22.9倍24.0倍21.2倍21.6倍20.1倍24.7倍-
PBR3.5倍4.0倍4.8倍4.0倍3.7倍2.6倍3.4倍3.7倍3.3倍3.4倍3.6倍4.2倍-
PER × PBR86.5倍120.5倍152.2倍102.5倍93.2倍46.1倍78.2倍88.1倍70.2倍72.5倍71.6倍103.2倍-
EV/EBITDA(会予)11.7倍14.7倍16.6倍13.1倍12.3倍8.1倍11.3倍12.0倍10.6倍10.8倍10.1倍12.6倍-
PSR(会予)1.0倍1.2倍1.4倍1.1倍1.1倍0.8倍1.0倍1.0倍1.0倍1.0倍1.0倍1.2倍-
PCFR(会予)20.6倍24.6倍26.7倍21.7倍21.1倍15.1倍19.3倍20.2倍18.2倍18.5倍17.3倍21.2倍-
配当金-70.0円---85.0円---110.0円--115.0円
配当利回り1.7%1.4%1.3%1.6%1.7%2.3%2.1%2.0%2.0%1.9%2.4%1.9%-
配当性向-42.1%---48.0%---47.9%---
自己資本配当率13.0%12.5%7.8%7.4%7.2%7.0%9.3%8.7%8.4%8.0%8.5%8.1%-
ROE15.5%14.8%16.2%15.5%15.1%14.6%19.4%18.2%17.6%16.8%17.7%16.9%-
純利益率(再掲)4.5%4.6%4.2%4.8%4.2%4.4%4.6%5.2%4.8%4.9%4.9%4.8%-
総資産回転率1.9回1.8回1.9回1.8回1.9回1.9回2.1回1.9回2.0回1.9回2.0回1.9回-
財務レバレッジ1.8倍1.8倍1.9倍1.9倍1.8倍1.8倍1.9倍1.9倍1.8倍1.8倍1.8倍1.8倍-
実質ROE15.5%14.8%16.2%15.4%15.1%14.6%19.4%18.2%17.6%16.8%17.6%16.8%-
ROIC14.7%13.9%15.4%14.7%14.4%13.9%18.9%17.7%17.2%16.3%17.2%16.4%-
ROA8.7%8.3%8.5%8.1%8.6%8.3%10.1%9.5%9.7%9.4%9.6%9.4%-
β0.600.710.580.530.570.750.840.800.840.870.690.66-
βの決定係数(R2)0.150.190.160.120.130.230.250.260.290.310.250.25-
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134,532136,410131,060154,483146,504150,888144,887166,382162,156175,427167,919190,699-
売上債権107,168122,144142,302135,658118,786132,352157,471156,040145,059149,574155,401134,920-
棚卸資産27,06626,59825,92427,56228,91827,50629,23432,44438,90034,54529,61734,554-
有価証券-------------
前払金-------------
繰延税金資産-2,887---3,181-------
貸倒引当金-108-120-120-122-100-113-125-123-113-120-118-100-
流動資産291,705309,245324,228343,347317,969331,468353,544377,886368,868382,485375,946383,253-
固定資産
建物・構築物18,64758,75417,89917,80817,76558,13817,18817,05817,49358,93316,59316,515-
機械・運搬具-------------
土地-16,165---15,604---15,351---
建設仮勘定-------------
有形固定資産37,90937,61037,14037,06137,16836,62936,41036,22636,58035,94735,91836,057-
のれん-------------
無形固定資産11,74712,16613,21713,54513,73013,78913,91113,85414,36214,51114,60714,812-
投資有価証券14,46415,30616,07514,70118,36014,60915,44117,65016,39017,35813,05015,768-
繰延税金資産-1,369---6,144---6,895---
貸倒引当金-152-170-171-179-179-187-199-209-221-229-235-240-
敷金および保証金-------------
投資その他の資産20,69021,29422,08520,58023,97024,84426,21727,64726,78128,86726,49627,904-
固定資産70,34771,07172,44371,18874,87075,26376,53977,72877,72479,32677,02278,774-
総資産362,053380,317396,672414,536392,839406,732430,084455,615446,593461,812452,969462,027-
 
負債
有利子負債合計6,7008,8736,6006,5006,5007,5586,5006,5006,5008,0836,5006,500-
仕入債務75,10483,107102,94397,45285,80289,322113,625108,592104,483102,006108,73695,152-
前受金-12,361---14,350---14,742---
未払法人税等4,6178,2744,1159,3614,2189,3265,05311,5547,38913,2705,58710,465-
繰延税金負債(固定)-81-----------
負債156,492165,785187,311195,331168,044175,067203,998214,420197,461200,190204,341201,453-
 
純資産
資本金10,37410,37410,37410,37410,37410,37410,37410,37410,37410,37410,37410,374-
資本剰余金16,25416,25416,25416,25416,25416,25416,25416,25416,25416,25416,25416,254-
利益剰余金181,730189,816184,243194,970199,568209,335203,261216,741225,459236,544226,570236,477-
自己株式-137-137-137-139-139-139-139-139-139-139-139-139-
非支配株主持分1,5481,6341,6531,7881,8711,9381,9662,0712,1812,2932,3192,462-
純資産205,561214,532209,360219,204224,795231,664226,085241,194249,132261,622248,627260,573-
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34,13045,36312,22227,85035,09949,10015,08234,69347,39762,66816,48630,956-
減価償却費4,5846,1381,4873,0954,7476,4381,5803,4995,3357,2281,7643,627-
のれん償却額-------------
減損損失-234---227---967---
受取利息及び受取配当金-92-146-29-103-118-176-22-120-121-197-24-110-
売上債権の増減額2,853-12,119-20,191-13,5543,318-10,255-25,131-23,709-12,741-17,263-5,83314,643-
棚卸資産の増減額-42839672-965-2,321-909-1,727-4,937-11,392-7,0384,927-8-
仕入債務の増減額1,3087,31920,54817,6894,4446,24625,13322,36018,21013,8846,489-8,061-
営業CF32,30436,15310,72936,46533,08338,64611,79435,23333,37548,76215,71440,362-
投資CF
有価証券の取得-40-4600-3,058-3,06500-35-4300-
有価証券の売却・償還01400001000296500-
固定資産の購入-1,094-1,476-614-1,169-2,098-2,436-106-596-1,525-2,152-795-1,481-
固定資産の売却90090000243243000000-
貸付け--2-----------
貸付金の回収1825---39-------
投資CF-3,643-5,243-2,800-4,685-9,676-11,096-1,569-3,429-5,789-7,934-2,234-4,319-
財務CF
短期借入金の純増減額--100--100-100-100-------
長期借入れ-------------
長期借入金の返済-------------
社債の発行-------------
社債の償還-------------
自己株式の取得-------------
自己株式の売却-------------
配当金の支払-11,367-11,367-13,273-13,262-13,264-13,265-16,115-16,104-16,107-16,109-20,855-20,340-
財務CF-11,427-11,528-13,376-13,468-13,470-13,470-16,228-16,217-16,220-16,221-20,996-20,481-
換算差額-19-19-2-20-7656600-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額-6,401---8,300---7,860---
研究開発費---------476---
発行済株式総数189,601,666株189,601,666株189,601,604株189,601,252株189,601,252株189,601,252株189,601,252株189,601,252株189,601,252株189,601,212株189,601,212株189,601,212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-8,658人---8,732人---8,912人---
売上/従業員(千円)-79,830---87,021---99,477---
営利/従業員(千円)-5,127---5,504---6,978---
四半期売上(百万円)
売上5y CAGR・予想:6.9 %
四半期利益(百万円)
営利5y CAGR・予想:12.6 %
純利5y CAGR・予想:13.0 %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上158,943174,638191,225198,638176,262193,746218,681231,473216,944219,438224,329208,614839,000
前期比110.2%108.7%106.1%112.0%110.9%110.9%114.4%116.5%123.1%113.3%102.6%90.1%94.6%
売上原価126,381136,789152,227155,685142,076152,066175,764183,507174,581172,685178,185166,109-
売上総利益32,56237,84938,99842,95334,18641,68042,91747,96542,36446,75346,14342,505-
%20.5%21.7%20.4%21.6%19.4%21.5%19.6%20.7%19.5%21.3%20.6%20.4%-
販管費26,19026,66227,14727,62527,27327,71328,26828,73430,01730,78729,99628,341-
営業利益6,37311,18611,85115,3276,91313,96714,64819,23212,34715,96516,14714,16363,700
前期比116.9%108.7%100.9%101.6%108.5%124.9%123.6%125.5%178.6%114.3%110.2%73.6%102.4%
%4.0%6.4%6.2%7.7%3.9%7.2%6.7%8.3%5.7%7.3%7.2%6.8%7.6%
受取利息および受取配当金002800022000240-
持分法による投資利益65251502851302276815911814161-
営業外収益307230390330266296457405344365349334-
支払利息91113121111121212111011-
持分法による投資損失00-000-000-0-
営業外費用121218131212191314121218-
経常利益6,66811,40512,22215,6467,16714,25015,08719,62312,67716,31916,48414,47964,600
固定資産売却益1070-0960-000-0-
投資有価証券売却益070-002-0277120-
特別利益10771-09610-0277120-
固定資産売却損00-000-000-0-
投資有価証券売却損06-000-000-0-
減損損失0234-00227-00967-0-
特別損失162430171625951111,05599-
税引前利益6,76011,23312,22215,6287,24914,00115,08219,61112,70415,27116,48614,470-
法人税等1,8202,9864,0304,8212,1244,1474,9116,0193,8743,9025,4414,440-
%26.9%26.6%33.0%30.8%29.3%29.6%32.6%30.7%30.5%25.6%33.0%30.7%-
当期純利益4,9408,2468,19210,8075,1249,85410,17013,5938,82911,37011,04410,031-
非支配株主に帰属する当期純利益7197128798187128113111113162123-
親会社株主に帰属する当期純利益4,8698,1508,06410,7275,0449,76610,04213,4808,71711,25810,8829,90743,530
前期比129.7%117.1%100.2%102.2%103.6%119.8%124.5%125.7%172.8%115.3%108.4%73.5%100.1%
%3.1%4.7%4.2%5.4%2.9%5.0%4.6%5.8%4.0%5.1%4.9%4.7%5.2%
 
EBITDA37,78450,52413,33830,27338,83854,49616,22837,37951,56269,42017,91133,937-
EPS166.5円166.5円177.2円177.2円177.2円177.2円229.4円229.4円229.4円229.4円229.4円229.4円229.6円
BPS1,076.0円1,122.9円1,095.5円1,146.7円1,175.8円1,211.6円1,182.1円1,261.2円1,302.5円1,367.8円1,299.1円1,361.3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)671,000671,000720,000720,000720,000720,000803,000803,000803,000803,000864,000864,000839,000
対実績比77.0%103.0%26.6%54.1%78.6%105.5%27.2%56.1%83.1%110.4%26.0%50.1%-
営業利益(期初予)41,00041,00047,30047,30047,30047,30050,40050,40050,40050,40063,70063,70063,700
対実績比81.0%108.3%25.1%57.5%72.1%101.6%29.1%67.2%91.7%123.4%25.3%47.6%-
純利益(期初予)27,28027,28031,88031,88031,88031,88034,21034,21034,21034,21043,53043,53043,530
対実績比85.8%115.7%25.3%58.9%74.8%105.4%29.4%68.8%94.2%127.1%25.0%47.8%-
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3,605円4,320円5,360円4,345円4,240円3,020円4,135円4,335円4,305円4,375円4,620円5,680円-
企業価値547,705691,247888,728699,359655,926432,592640,671683,534660,577673,849714,539892,736-
時価総額683,514819,0791,016,265823,819803,909572,596784,001821,921816,233829,505875,9581,076,935-
純有利子負債-127,832-127,537-124,460-147,983-140,004-143,330-138,387-159,882-155,656-167,344-161,419-184,199-
PER(会予)25.1倍30.0倍31.9倍25.8倍25.2倍18.0倍22.9倍24.0倍21.2倍21.6倍20.1倍24.7倍-
PBR3.5倍4.0倍4.8倍4.0倍3.7倍2.6倍3.4倍3.7倍3.3倍3.4倍3.6倍4.2倍-
PER × PBR86.5倍120.5倍152.2倍102.5倍93.2倍46.1倍78.2倍88.1倍70.2倍72.5倍71.6倍103.2倍-
EV/EBITDA(会予)11.7倍14.7倍16.6倍13.1倍12.3倍8.1倍11.3倍12.0倍10.6倍10.8倍10.1倍12.6倍-
PSR(会予)1.0倍1.2倍1.4倍1.1倍1.1倍0.8倍1.0倍1.0倍1.0倍1.0倍1.0倍1.2倍-
PCFR(会予)20.6倍24.6倍26.7倍21.7倍21.1倍15.1倍19.3倍20.2倍18.2倍18.5倍17.3倍21.2倍-
配当金-70.0円---85.0円---110.0円--115.0円
配当利回り1.7%1.4%1.3%1.6%1.7%2.3%2.1%2.0%2.0%1.9%2.4%1.9%-
配当性向-42.1%---48.0%---47.9%---
自己資本配当率13.0%12.5%7.8%7.4%7.2%7.0%9.3%8.7%8.4%8.0%8.5%8.1%-
ROE15.5%14.8%16.2%15.5%15.1%14.6%19.4%18.2%17.6%16.8%17.7%16.9%-
純利益率(再掲)4.5%4.6%4.2%4.8%4.2%4.4%4.6%5.2%4.8%4.9%4.9%4.8%-
総資産回転率1.9回1.8回1.9回1.8回1.9回1.9回2.1回1.9回2.0回1.9回2.0回1.9回-
財務レバレッジ1.8倍1.8倍1.9倍1.9倍1.8倍1.8倍1.9倍1.9倍1.8倍1.8倍1.8倍1.8倍-
実質ROE15.5%14.8%16.2%15.4%15.1%14.6%19.4%18.2%17.6%16.8%17.6%16.8%-
ROIC14.7%13.9%15.4%14.7%14.4%13.9%18.9%17.7%17.2%16.3%17.2%16.4%-
ROA8.7%8.3%8.5%8.1%8.6%8.3%10.1%9.5%9.7%9.4%9.6%9.4%-
β0.600.710.580.530.570.750.840.800.840.870.690.66-
βの決定係数(R2)0.150.190.160.120.130.230.250.260.290.310.250.25-
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134,532136,410131,060154,483146,504150,888144,887166,382162,156175,427167,919190,699-
売上債権107,168122,144142,302135,658118,786132,352157,471156,040145,059149,574155,401134,920-
棚卸資産27,06626,59825,92427,56228,91827,50629,23432,44438,90034,54529,61734,554-
有価証券-------------
前払金-------------
繰延税金資産-2,887---3,181-------
貸倒引当金-108-120-120-122-100-113-125-123-113-120-118-100-
流動資産291,705309,245324,228343,347317,969331,468353,544377,886368,868382,485375,946383,253-
固定資産
建物・構築物18,64758,75417,89917,80817,76558,13817,18817,05817,49358,93316,59316,515-
機械・運搬具-------------
土地-16,165---15,604---15,351---
建設仮勘定-------------
有形固定資産37,90937,61037,14037,06137,16836,62936,41036,22636,58035,94735,91836,057-
のれん-------------
無形固定資産11,74712,16613,21713,54513,73013,78913,91113,85414,36214,51114,60714,812-
投資有価証券14,46415,30616,07514,70118,36014,60915,44117,65016,39017,35813,05015,768-
繰延税金資産-1,369---6,144---6,895---
貸倒引当金-152-170-171-179-179-187-199-209-221-229-235-240-
敷金および保証金-------------
投資その他の資産20,69021,29422,08520,58023,97024,84426,21727,64726,78128,86726,49627,904-
固定資産70,34771,07172,44371,18874,87075,26376,53977,72877,72479,32677,02278,774-
総資産362,053380,317396,672414,536392,839406,732430,084455,615446,593461,812452,969462,027-
 
負債
有利子負債合計6,7008,8736,6006,5006,5007,5586,5006,5006,5008,0836,5006,500-
仕入債務75,10483,107102,94397,45285,80289,322113,625108,592104,483102,006108,73695,152-
前受金-12,361---14,350---14,742---
未払法人税等4,6178,2744,1159,3614,2189,3265,05311,5547,38913,2705,58710,465-
繰延税金負債(固定)-81-----------
負債156,492165,785187,311195,331168,044175,067203,998214,420197,461200,190204,341201,453-
 
純資産
資本金10,37410,37410,37410,37410,37410,37410,37410,37410,37410,37410,37410,374-
資本剰余金16,25416,25416,25416,25416,25416,25416,25416,25416,25416,25416,25416,254-
利益剰余金181,730189,816184,243194,970199,568209,335203,261216,741225,459236,544226,570236,477-
自己株式-137-137-137-139-139-139-139-139-139-139-139-139-
非支配株主持分1,5481,6341,6531,7881,8711,9381,9662,0712,1812,2932,3192,462-
純資産205,561214,532209,360219,204224,795231,664226,085241,194249,132261,622248,627260,573-
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34,13045,36312,22227,85035,09949,10015,08234,69347,39762,66816,48630,956-
減価償却費4,5846,1381,4873,0954,7476,4381,5803,4995,3357,2281,7643,627-
のれん償却額-------------
減損損失0234-00227-00967-0-
受取利息及び受取配当金-92-146-29-103-118-176-22-120-121-197-24-110-
売上債権の増減額2,853-12,119-20,191-13,5543,318-10,255-25,131-23,709-12,741-17,263-5,83314,643-
棚卸資産の増減額-42839672-965-2,321-909-1,727-4,937-11,392-7,0384,927-8-
仕入債務の増減額1,3087,31920,54817,6894,4446,24625,13322,36018,21013,8846,489-8,061-
営業CF32,30436,15310,72936,46533,08338,64611,79435,23333,37548,76215,71440,362-
投資CF
有価証券の取得-40-4600-3,058-3,06500-35-4300-
有価証券の売却・償還01400001000296500-
固定資産の購入-1,094-1,476-614-1,169-2,098-2,436-106-596-1,525-2,152-795-1,481-
固定資産の売却90090000243243000000-
貸付け--2-----------
貸付金の回収1825---39-------
投資CF-3,643-5,243-2,800-4,685-9,676-11,096-1,569-3,429-5,789-7,934-2,234-4,319-
財務CF
短期借入金の純増減額--100--100-100-100-------
長期借入れ-------------
長期借入金の返済-------------
社債の発行-------------
社債の償還-------------
自己株式の取得-------------
自己株式の売却-------------
配当金の支払-11,367-11,367-13,273-13,262-13,264-13,265-16,115-16,104-16,107-16,109-20,855-20,340-
財務CF-11,427-11,528-13,376-13,468-13,470-13,470-16,228-16,217-16,220-16,221-20,996-20,481-
換算差額-19-19-2-20-7656600-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額-6,401---8,300---7,860---
研究開発費---------476---
発行済株式総数189,601,666株189,601,666株189,601,604株189,601,252株189,601,252株189,601,252株189,601,252株189,601,252株189,601,252株189,601,212株189,601,212株189,601,212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-8,658人---8,732人---8,912人---
売上/従業員(千円)-79,830---87,021---99,477---
営利/従業員(千円)-5,127---5,504---6,978---