通期売上(百万円)
売上5y CAGR・予想:6.6 %
通期利益(百万円)
営利5y CAGR・予想:9.6 %
純利5y CAGR・予想:10.2 %
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:6.6 %
四半期利益(百万円)
営利5y CAGR・予想:9.6 %
純利5y CAGR・予想:10.2 %
P/L
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上691,166191,225389,863566,125759,871218,681450,154667,098886,536224,329432,943621,217830,000
前期比107.4%106.1%109.0%109.6%109.9%114.4%115.5%117.8%116.7%102.6%96.2%93.1%93.6%
売上原価541,339152,227307,912449,988602,054175,764359,271533,852706,537178,185344,294492,397-
売上総利益149,82738,99881,951116,137157,81742,91790,882133,246179,99946,14388,648128,820-
%21.7%20.4%21.0%20.5%20.8%19.6%20.2%20.0%20.3%20.6%20.5%20.7%-
販管費105,44027,14754,77282,045109,75828,26857,00287,019117,80629,99658,33787,505-
営業利益44,38611,85127,17834,09148,05814,64833,88046,22762,19216,14730,31041,31457,300
前期比111.8%100.9%101.3%102.7%108.3%123.6%124.7%135.6%129.4%110.2%89.5%89.4%92.1%
%6.4%6.2%7.0%6.0%6.3%6.7%7.5%6.9%7.0%7.2%7.0%6.7%6.9%
受取利息および受取配当金146281031171752211912019624110125-
持分法による投資利益264150178229259227295454572141202273-
営業外収益1,1293907209861,2824578621,2061,571349683940-
支払利息471325364712243647102133-
持分法による投資損失-------------
営業外費用561831435519324658123042-
経常利益45,46012,22227,86835,03549,28515,08734,71047,38763,70616,48430,96342,21258,400
固定資産売却益107--9696--------
投資有価証券売却益70---2--2734121212-
特別利益178--96106--2734121212-
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27501733292516171,07291820-
税引前利益45,36312,22227,85035,09949,10015,08234,69347,39762,66816,48630,95642,204-
法人税等13,4604,0308,85110,97515,1224,91110,93014,80418,7065,4419,88113,335-
%29.7%33.0%31.8%31.3%30.8%32.6%31.5%31.2%29.8%33.0%31.9%31.6%-
当期純利益31,9028,19218,99924,12333,97710,17023,76332,59243,96211,04421,07528,869-
非支配株主に帰属する当期純利益342128207288375128241352465162285396-
親会社株主に帰属する当期純利益31,5608,06418,79123,83533,60110,04223,52232,23943,49710,88220,78928,47239,380
前期比118.3%100.2%101.3%101.8%106.5%124.5%125.2%135.3%129.5%108.4%88.4%88.3%90.5%
%4.6%4.2%4.8%4.2%4.4%4.6%5.2%4.8%4.9%4.9%4.8%4.6%4.7%
 
EBITDA50,52413,33830,27338,83854,49616,22837,37951,56269,42017,91133,93746,885-
EPS166.5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229.4円229.6円
BPS1,122.9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1,404.3円-
期初会社予想
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上高(期初予)671,000720,000720,000720,000720,000803,000803,000803,000803,000864,000864,000864,000830,000
対実績比103.0%26.6%54.1%78.6%105.5%27.2%56.1%83.1%110.4%26.0%50.1%71.9%-
営業利益(期初予)41,00047,30047,30047,30047,30050,40050,40050,40050,40063,70063,70063,70057,300
対実績比108.3%25.1%57.5%72.1%101.6%29.1%67.2%91.7%123.4%25.3%47.6%64.9%-
純利益(期初予)27,28031,88031,88031,88031,88034,21034,21034,21034,21043,53043,53043,53039,380
対実績比115.7%25.3%58.9%74.8%105.4%29.4%68.8%94.2%127.1%25.0%47.8%65.4%-
配当
ROEデュポン分解
β
マルチプル
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
株価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5,380円-
企業価値691,247888,728699,359655,926432,592640,671683,534660,577673,849714,539892,736849,546-
時価総額819,0791,016,265823,819803,909572,596784,001821,921816,233829,505875,9581,076,9351,020,055-
純有利子負債-127,537-124,460-147,983-140,004-143,330-138,387-159,882-155,656-167,344-161,419-184,199-170,509-
PER(会予)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23.4倍-
PBR4.0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3.8倍-
PER × PBR120.5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89.8倍-
EV/EBITDA(会予)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12.0倍-
PSR(会予)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1.2倍-
PCFR(会予)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20.1倍-
配当金70.0円---85.0円---110.0円---115.0円
配当利回り1.4%1.3%1.6%1.7%2.3%2.1%2.0%2.0%1.9%2.4%1.9%2.0%-
配当性向42.1%---48.0%---47.9%----
自己資本配当率12.5%7.8%7.4%7.2%7.0%9.3%8.7%8.4%8.0%8.5%8.1%7.8%-
ROE14.8%16.2%15.5%15.1%14.6%19.4%18.2%17.6%16.8%17.7%16.9%16.3%-
純利益率(再掲)4.6%4.2%4.8%4.2%4.4%4.6%5.2%4.8%4.9%4.9%4.8%4.6%-
総資産回転率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2.0回-
財務レバレッジ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1.7倍-
実質ROE14.8%16.2%15.4%15.1%14.6%19.4%18.2%17.6%16.8%17.6%16.8%16.3%-
ROIC13.9%15.4%14.7%14.4%13.9%18.9%17.7%17.2%16.3%17.2%16.4%15.9%-
ROA8.3%8.5%8.1%8.6%8.3%10.1%9.5%9.7%9.4%9.6%9.4%9.7%-
β0.710.580.530.570.750.840.800.840.870.690.660.62-
βの決定係数(R2)0.190.160.120.130.230.250.260.290.310.250.250.23-
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.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
流動資産
現金136,410131,060154,483146,504150,888144,887166,382162,156175,427167,919190,699177,009-
売上債権122,144142,302135,658118,786132,352157,471156,040145,059149,574155,401134,920123,179-
棚卸資産26,59825,92427,56228,91827,50629,23432,44438,90034,54529,61734,55444,478-
有価証券-------------
前払金-------------
繰延税金資産2,887---3,181--------
貸倒引当金-120-120-122-100-113-125-123-113-120-118-100-90-
流動資産309,245324,228343,347317,969331,468353,544377,886368,868382,485375,946383,253368,552-
固定資産
建物・構築物58,75417,89917,80817,76558,13817,18817,05817,49358,93316,59316,51516,450-
機械・運搬具-------------
土地16,165---15,604---15,351----
建設仮勘定-------------
有形固定資産37,61037,14037,06137,16836,62936,41036,22636,58035,94735,91836,05736,289-
のれん-------------
無形固定資産12,16613,21713,54513,73013,78913,91113,85414,36214,51114,60714,81215,199-
投資有価証券15,30616,07514,70118,36014,60915,44117,65016,39017,35813,05015,76816,545-
繰延税金資産1,369---6,144---6,895----
貸倒引当金-170-171-179-179-187-199-209-221-229-235-240-247-
敷金および保証金-------------
投資その他の資産21,29422,08520,58023,97024,84426,21727,64726,78128,86726,49627,90428,268-
固定資産71,07172,44371,18874,87075,26376,53977,72877,72479,32677,02278,77479,757-
総資産380,317396,672414,536392,839406,732430,084455,615446,593461,812452,969462,027448,309-
 
負債
有利子負債合計8,8736,6006,5006,5007,5586,5006,5006,5008,0836,5006,5006,500-
仕入債務83,107102,94397,45285,80289,322113,625108,592104,483102,006108,73695,15289,584-
前受金12,361---14,350---14,742----
未払法人税等8,2744,1159,3614,2189,3265,05311,5547,38913,2705,58710,4654,700-
繰延税金負債(固定)81------------
負債165,785187,311195,331168,044175,067203,998214,420197,461200,190204,341201,453179,438-
 
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189,816184,243194,970199,568209,335203,261216,741225,459236,544226,570236,477244,160-
自己株式-137-137-139-139-139-139-139-139-139-139-139-139-
非支配株主持分1,6341,6531,7881,8711,9381,9662,0712,1812,2932,3192,4622,608-
純資産214,532209,360219,204224,795231,664226,085241,194249,132261,622248,627260,573268,871-
キャッシュフロー(百万円)
C/S
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
営業CF
税金等調整前当期純利益45,36312,22227,85035,09949,10015,08234,69347,39762,66816,48630,95642,204-
減価償却費6,1381,4873,0954,7476,4381,5803,4995,3357,2281,7643,6275,571-
のれん償却額-------------
減損損失234---227---967----
受取利息及び受取配当金-146-29-103-118-176-22-120-121-197-24-110-125-
売上債権の増減額-12,119-20,191-13,5543,318-10,255-25,131-23,709-12,741-17,263-5,83314,64326,376-
棚卸資産の増減額39672-965-2,321-909-1,727-4,937-11,392-7,0384,927-8-9,932-
仕入債務の増減額7,31920,54817,6894,4446,24625,13322,36018,21013,8846,489-8,061-11,128-
営業CF36,15310,72936,46533,08338,64611,79435,23333,37548,76215,71440,36229,665-
投資CF
有価証券の取得-4600-3,058-3,06500-35-43000-
有価証券の売却・償還140000100029650027-
固定資産の購入-1,476-614-1,169-2,098-2,436-106-596-1,525-2,152-795-1,481-2,448-
固定資産の売却900002432430000000-
貸付け-2------------
貸付金の回収25---39--------
投資CF-5,243-2,800-4,685-9,676-11,096-1,569-3,429-5,789-7,934-2,234-4,319-7,028-
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-11,367-13,273-13,262-13,264-13,265-16,115-16,104-16,107-16,109-20,855-20,340-20,846-
財務CF-11,528-13,376-13,468-13,470-13,470-16,228-16,217-16,220-16,221-20,996-20,481-20,986-
換算差額-19-2-20-76566000-
その他
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
設備投資額6,4016141,1692,0988,3001065961,5257,8607951,4812,448-
研究開発費--------476----
発行済株式総数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.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.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:6.6 %
四半期利益(百万円)
営利5y CAGR・予想:9.6 %
純利5y CAGR・予想:10.2 %
P/L
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上174,638191,225198,638176,262193,746218,681231,473216,944219,438224,329208,614188,274830,000
前期比108.7%106.1%112.0%110.9%110.9%114.4%116.5%123.1%113.3%102.6%90.1%86.8%93.6%
売上原価136,789152,227155,685142,076152,066175,764183,507174,581172,685178,185166,109148,103-
売上総利益37,84938,99842,95334,18641,68042,91747,96542,36446,75346,14342,50540,172-
%21.7%20.4%21.6%19.4%21.5%19.6%20.7%19.5%21.3%20.6%20.4%21.3%-
販管費26,66227,14727,62527,27327,71328,26828,73430,01730,78729,99628,34129,168-
営業利益11,18611,85115,3276,91313,96714,64819,23212,34715,96516,14714,16311,00457,300
前期比108.7%100.9%101.6%108.5%124.9%123.6%125.5%178.6%114.3%110.2%73.6%89.1%92.1%
%6.4%6.2%7.7%3.9%7.2%6.7%8.3%5.7%7.3%7.2%6.8%5.8%6.9%
受取利息および受取配当金028000220002400-
持分法による投資利益25150285130227681591181416171-
営業外収益230390330266296457405344365349334257-
支払利息111312111112121211101112-
持分法による投資損失0-000-000-00-
営業外費用121813121219131412121812-
経常利益11,40512,22215,6467,16714,25015,08719,62312,67716,31916,48414,47911,24958,400
固定資産売却益0-0960-000-00-
投資有価証券売却益70-002-02771200-
特別利益71-09610-02771200-
固定資産売却損0-000-000-00-
投資有価証券売却損6-000-000-00-
減損損失234-00227-00967-00-
特別損失2430171625951111,055992-
税引前利益11,23312,22215,6287,24914,00115,08219,61112,70415,27116,48614,47011,248-
法人税等2,9864,0304,8212,1244,1474,9116,0193,8743,9025,4414,4403,454-
%26.6%33.0%30.8%29.3%29.6%32.6%30.7%30.5%25.6%33.0%30.7%30.7%-
当期純利益8,2468,19210,8075,1249,85410,17013,5938,82911,37011,04410,0317,794-
非支配株主に帰属する当期純利益97128798187128113111113162123111-
親会社株主に帰属する当期純利益8,1508,06410,7275,0449,76610,04213,4808,71711,25810,8829,9077,68339,380
前期比117.1%100.2%102.2%103.6%119.8%124.5%125.7%172.8%115.3%108.4%73.5%88.1%90.5%
%4.7%4.2%5.4%2.9%5.0%4.6%5.8%4.0%5.1%4.9%4.7%4.1%4.7%
 
EBITDA50,52413,33830,27338,83854,49616,22837,37951,56269,42017,91133,93746,885-
EPS166.5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229.4円229.6円
BPS1,122.9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1,404.3円-
期初会社予想
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上高(期初予)671,000720,000720,000720,000720,000803,000803,000803,000803,000864,000864,000864,000830,000
対実績比103.0%26.6%54.1%78.6%105.5%27.2%56.1%83.1%110.4%26.0%50.1%71.9%-
営業利益(期初予)41,00047,30047,30047,30047,30050,40050,40050,40050,40063,70063,70063,70057,300
対実績比108.3%25.1%57.5%72.1%101.6%29.1%67.2%91.7%123.4%25.3%47.6%64.9%-
純利益(期初予)27,28031,88031,88031,88031,88034,21034,21034,21034,21043,53043,53043,53039,380
対実績比115.7%25.3%58.9%74.8%105.4%29.4%68.8%94.2%127.1%25.0%47.8%65.4%-
配当
ROEデュポン分解
β
マルチプル
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
株価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5,380円-
企業価値691,247888,728699,359655,926432,592640,671683,534660,577673,849714,539892,736849,546-
時価総額819,0791,016,265823,819803,909572,596784,001821,921816,233829,505875,9581,076,9351,020,055-
純有利子負債-127,537-124,460-147,983-140,004-143,330-138,387-159,882-155,656-167,344-161,419-184,199-170,509-
PER(会予)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23.4倍-
PBR4.0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3.8倍-
PER × PBR120.5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89.8倍-
EV/EBITDA(会予)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12.0倍-
PSR(会予)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1.2倍-
PCFR(会予)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20.1倍-
配当金70.0円---85.0円---110.0円---115.0円
配当利回り1.4%1.3%1.6%1.7%2.3%2.1%2.0%2.0%1.9%2.4%1.9%2.0%-
配当性向42.1%---48.0%---47.9%----
自己資本配当率12.5%7.8%7.4%7.2%7.0%9.3%8.7%8.4%8.0%8.5%8.1%7.8%-
ROE14.8%16.2%15.5%15.1%14.6%19.4%18.2%17.6%16.8%17.7%16.9%16.3%-
純利益率(再掲)4.6%4.2%4.8%4.2%4.4%4.6%5.2%4.8%4.9%4.9%4.8%4.6%-
総資産回転率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2.0回-
財務レバレッジ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1.7倍-
実質ROE14.8%16.2%15.4%15.1%14.6%19.4%18.2%17.6%16.8%17.6%16.8%16.3%-
ROIC13.9%15.4%14.7%14.4%13.9%18.9%17.7%17.2%16.3%17.2%16.4%15.9%-
ROA8.3%8.5%8.1%8.6%8.3%10.1%9.5%9.7%9.4%9.6%9.4%9.7%-
β0.710.580.530.570.750.840.800.840.870.690.660.62-
βの決定係数(R2)0.190.160.120.130.230.250.260.290.310.250.250.23-
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.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
流動資産
現金136,410131,060154,483146,504150,888144,887166,382162,156175,427167,919190,699177,009-
売上債権122,144142,302135,658118,786132,352157,471156,040145,059149,574155,401134,920123,179-
棚卸資産26,59825,92427,56228,91827,50629,23432,44438,90034,54529,61734,55444,478-
有価証券-------------
前払金-------------
繰延税金資産2,887---3,181--------
貸倒引当金-120-120-122-100-113-125-123-113-120-118-100-90-
流動資産309,245324,228343,347317,969331,468353,544377,886368,868382,485375,946383,253368,552-
固定資産
建物・構築物58,75417,89917,80817,76558,13817,18817,05817,49358,93316,59316,51516,450-
機械・運搬具-------------
土地16,165---15,604---15,351----
建設仮勘定-------------
有形固定資産37,61037,14037,06137,16836,62936,41036,22636,58035,94735,91836,05736,289-
のれん-------------
無形固定資産12,16613,21713,54513,73013,78913,91113,85414,36214,51114,60714,81215,199-
投資有価証券15,30616,07514,70118,36014,60915,44117,65016,39017,35813,05015,76816,545-
繰延税金資産1,369---6,144---6,895----
貸倒引当金-170-171-179-179-187-199-209-221-229-235-240-247-
敷金および保証金-------------
投資その他の資産21,29422,08520,58023,97024,84426,21727,64726,78128,86726,49627,90428,268-
固定資産71,07172,44371,18874,87075,26376,53977,72877,72479,32677,02278,77479,757-
総資産380,317396,672414,536392,839406,732430,084455,615446,593461,812452,969462,027448,309-
 
負債
有利子負債合計8,8736,6006,5006,5007,5586,5006,5006,5008,0836,5006,5006,500-
仕入債務83,107102,94397,45285,80289,322113,625108,592104,483102,006108,73695,15289,584-
前受金12,361---14,350---14,742----
未払法人税等8,2744,1159,3614,2189,3265,05311,5547,38913,2705,58710,4654,700-
繰延税金負債(固定)81------------
負債165,785187,311195,331168,044175,067203,998214,420197,461200,190204,341201,453179,438-
 
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189,816184,243194,970199,568209,335203,261216,741225,459236,544226,570236,477244,160-
自己株式-137-137-139-139-139-139-139-139-139-139-139-139-
非支配株主持分1,6341,6531,7881,8711,9381,9662,0712,1812,2932,3192,4622,608-
純資産214,532209,360219,204224,795231,664226,085241,194249,132261,622248,627260,573268,871-
キャッシュフロー(百万円)
C/S
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
営業CF
税金等調整前当期純利益45,36312,22227,85035,09949,10015,08234,69347,39762,66816,48630,95642,204-
減価償却費6,1381,4873,0954,7476,4381,5803,4995,3357,2281,7643,6275,571-
のれん償却額-------------
減損損失234-00227-00967-00-
受取利息及び受取配当金-146-29-103-118-176-22-120-121-197-24-110-125-
売上債権の増減額-12,119-20,191-13,5543,318-10,255-25,131-23,709-12,741-17,263-5,83314,64326,376-
棚卸資産の増減額39672-965-2,321-909-1,727-4,937-11,392-7,0384,927-8-9,932-
仕入債務の増減額7,31920,54817,6894,4446,24625,13322,36018,21013,8846,489-8,061-11,128-
営業CF36,15310,72936,46533,08338,64611,79435,23333,37548,76215,71440,36229,665-
投資CF
有価証券の取得-4600-3,058-3,06500-35-43000-
有価証券の売却・償還140000100029650027-
固定資産の購入-1,476-614-1,169-2,098-2,436-106-596-1,525-2,152-795-1,481-2,448-
固定資産の売却900002432430000000-
貸付け-2------------
貸付金の回収25---39--------
投資CF-5,243-2,800-4,685-9,676-11,096-1,569-3,429-5,789-7,934-2,234-4,319-7,028-
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-11,367-13,273-13,262-13,264-13,265-16,115-16,104-16,107-16,109-20,855-20,340-20,846-
財務CF-11,528-13,376-13,468-13,470-13,470-16,228-16,217-16,220-16,221-20,996-20,481-20,986-
換算差額-19-2-20-76566000-
その他
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
設備投資額6,4016141,1692,0988,3001065961,5257,8607951,4812,448-
研究開発費--------476----
発行済株式総数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.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.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----