通期売上(百万円)
売上5y CAGR・予想:2.9 %
通期利益(百万円)
営利 CAGR・実績:N/A %
純利 CAGR・実績:N/A %
P/L
2017.122018.122019.122020.12E
売上1,005,0621,094,8251,131,5471,220,000
前期比118.2%108.9%103.4%107.8%
売上原価231,327231,928254,844-
売上総利益773,735862,896876,703-
%77.0%78.8%77.5%-
販管費693,298754,545762,871-
営業利益80,437108,350113,831117,000
前期比218.7%134.7%105.1%102.8%
%8.0%9.9%10.1%9.6%
受取利息および受取配当金1,4391,7171,576-
持分法による投資利益284301330-
営業外収益3,5477,1135,674-
支払利息9917692,292-
持分法による投資損失----
営業外費用3,6585,97410,766-
経常利益80,327109,489108,739117,000
固定資産売却益1,1682,853654-
投資有価証券売却益1,1732,7393,449-
特別利益39,3415,6414,103-
固定資産売却損----
投資有価証券売却損--27-
減損損失70,922---
特別損失81,11210,8215,465-
税引前利益38,555104,310107,378-
法人税等13,20039,40530,076-
%34.2%37.8%28.0%-
当期純利益25,35564,90577,301-
非支配株主に帰属する当期純利益2,6063,5013,739-
親会社株主に帰属する当期純利益22,74961,40373,56277,500
前期比70.9%269.9%119.8%105.4%
%2.3%5.6%6.5%6.4%
 
EBITDA124,286152,195172,241-
EPS56.9円153.7円184.2円0.0円
BPS1,059.8円1,123.2円1,242.8円-
期初会社予想
2017.122018.122019.122020.12E
売上高(期初予)940,000-1,172,0001,220,000
対実績比106.9%-96.5%-
営業利益(期初予)45,500-120,000117,000
対実績比176.8%-94.9%-
純利益(期初予)26,000-75,50077,500
対実績比87.5%-97.4%-
配当
ROEデュポン分解
β
マルチプル
2017.122018.122019.122020.12E
株価5,446円6,892円7,782円-
企業価値2,184,0152,695,2233,159,708-
時価総額2,175,8002,752,1613,108,336-
純有利子負債-85,235-60,116122,765-
PER(会予)435.2倍41.1倍--
PBR5.8倍5.9倍6.3倍-
PER × PBR2,539.2倍240.7倍--
EV/EBITDA(会予)20.9倍17.5倍--
PSR(会予)2.2倍2.5倍--
PCFR(会予)49.0倍24.8倍70.9倍-
配当金27.5円45.0円60.0円60.0円
配当利回り0.4%0.4%0.6%-
配当性向48.3%29.3%32.6%-
自己資本配当率2.6%4.0%4.8%-
ROE5.4%13.7%14.8%-
純利益率(再掲)2.3%5.6%6.5%-
総資産回転率1.1回1.1回0.9回-
財務レバレッジ2.2倍2.3倍2.5倍-
実質ROE5.4%13.6%14.7%-
ROIC13.3%13.4%11.5%-
ROA2.4%6.1%6.0%-
β0.740.850.92-
βの決定係数(R2)0.170.210.23-
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
2017.122018.122019.122020.12E
流動資産
現金166,698125,891110,342-
売上債権162,058166,491172,905-
棚卸資産129,954149,787181,103-
有価証券7,781---
前払金----
繰延税金資産25,46729,690--
貸倒引当金-1,727-1,989-2,741-
流動資産526,245482,994532,623-
固定資産
建物・構築物162,538191,335223,611-
機械・運搬具81,17584,055104,566-
土地36,97149,79545,040-
建設仮勘定17,19641,93737,518-
有形固定資産158,681235,185314,757-
のれん12,16612,61064,499-
無形固定資産168,586165,406249,209-
投資有価証券26,28023,02613,915-
繰延税金資産30,65859,69155,313-
貸倒引当金-241-66-31-
敷金および保証金----
投資その他の資産95,910126,031122,205-
固定資産423,179526,624686,172-
総資産949,4251,009,6181,218,795-
 
負債
有利子負債合計81,46365,775233,107-
仕入債務49,14056,87031,336-
前受金----
未払法人税等25,03220,12911,951-
繰延税金負債(固定)3,7623,3162,712-
負債503,552541,156700,938-
 
純資産
資本金64,50664,50664,506-
資本剰余金70,80870,74870,741-
利益剰余金271,681319,001371,435-
自己株式-874-2,829-2,591-
非支配株主持分21,55018,92920,156-
純資産445,872468,462517,857-
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38,555104,310107,378-
減価償却費39,61441,99455,732-
のれん償却額4,2351,8512,678-
減損損失70,922---
受取利息及び受取配当金-1,439-1,718-1,576-
売上債権の増減額-25,447-10,659-9,209-
棚卸資産の増減額-13,287-24,291-31,217-
仕入債務の増減額22,08213,91610,190-
営業CF95,39292,57775,562-
投資CF
有価証券の取得-7-1,694-462-
有価証券の売却・償還1,9224,66410,181-
固定資産の購入-44,633-97,680-111,800-
固定資産の売却1,7038,7041,190-
貸付け----
貸付金の回収----
投資CF-1,061-103,112-202,823-
財務CF
短期借入金の純増減額-3,170-5,140117,751-
長期借入れ10,000-43,624-
長期借入金の返済-45,762-730-730-
社債の発行----
社債の償還---10,000-
自己株式の取得-17-2,431-22-
自己株式の売却----
配当金の支払-8,977-13,940-22,028-
財務CF-53,117-29,722113,678-
換算差額2,498-4,809-693-
その他
2017.122018.122019.122020.12E
設備投資額44,63397,680132,212-
研究開発費--31,700-
発行済株式総数399,539,967株399,381,951株399,435,545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37,438人38,640人40,000人-
売上/従業員(千円)26,84628,33428,289-
営利/従業員(千円)2,1492,8042,846-
四半期売上(百万円)
売上5y CAGR・予想:2.9 %
四半期利益(百万円)
営利 CAGR・実績:N/A %
純利 CAGR・実績:N/A %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上731,2011,005,062263,760532,596805,7601,094,825273,618564,647846,6251,131,547226,893417,812953,000
前期比117.4%118.2%113.5%112.8%110.2%108.9%103.7%106.0%105.1%103.4%82.9%74.0%84.2%
売上原価168,398231,32754,930109,069170,095231,92856,584115,600178,238254,84449,794100,863-
売上総利益562,803773,735208,830423,526635,665862,896217,034449,046668,387876,703177,098316,948-
%77.0%77.0%79.2%79.5%78.9%78.8%79.3%79.5%78.9%77.5%78.1%75.9%-
販管費492,148693,298161,685352,414534,253754,545178,100380,065565,063762,871170,602320,385-
営業利益70,65480,43747,14471,111101,412108,35038,93468,980103,324113,8316,496-3,4360
前期比182.4%218.7%195.4%205.1%143.5%134.7%82.6%97.0%101.9%105.1%16.7%-5.0%0.0%
%9.7%8.0%17.9%13.4%12.6%9.9%14.2%12.2%12.2%10.1%2.9%-0.0%
受取利息および受取配当金8931,4393179071,1921,7172848411,1921,576250494-
持分法による投資利益238284841272133016114228633061105-
営業外収益2,5553,5472,1414,8745,6877,1131,8623,3514,4425,6743,1113,883-
支払利息6649912103905637692399081,5852,2927091,243-
持分法による投資損失-------------
営業外費用2,8393,6582,0643,1784,4355,9741,2814,3667,04710,7663,5546,800-
経常利益70,37080,32747,22172,807102,663109,48939,51567,965100,718108,7396,052-6,353-6,500
固定資産売却益9401,1684846066282,853620649654486488-
投資有価証券売却益2991,173-1,5662,7152,739-1,2222,1663,4495311-
特別利益1,45139,3414842,6933,3925,64161,2432,8164,1034922,636-
固定資産売却損-------------
投資有価証券売却損---------27---
減損損失70,71070,922-----------
特別損失76,17481,1123001,1294,67810,8217842,4973,0365,46591918,704-
税引前利益-4,35338,55547,40474,371101,377104,31038,73766,710100,498107,3785,625-22,421-
法人税等10,29813,20016,29424,60934,32939,4053,74012,32225,30930,0763,623-1,156-
%-236.6%34.2%34.4%33.1%33.9%37.8%9.7%18.5%25.2%28.0%64.4%5.2%-
当期純利益-14,65225,35531,11049,76267,04864,90534,99754,38875,18877,3012,001-21,265-
非支配株主に帰属する当期純利益2,3062,6062,2402,0953,0473,5011,4871,9352,7293,739599110-
親会社株主に帰属する当期純利益-16,95822,74928,87047,66664,00061,40333,50952,45272,45873,5621,402-21,376-22,000
前期比-45.6%70.9%206.2%253.5%-377.4%269.9%116.1%110.0%113.2%119.8%4.2%-40.8%-29.9%
%-2.3%10.9%8.9%7.9%5.6%12.2%9.3%8.6%6.5%0.6%--2.3%
 
EBITDA70,654124,28647,14492,234101,412152,19538,93496,695103,324172,2416,496--
EPS56.9円56.9円153.7円153.8円153.8円153.7円184.2円184.2円184.2円184.2円184.2円184.2円0.0円
BPS933.3円1,059.8円1,083.4円1,135.9円1,176.0円1,123.2円1,190.5円1,216.9円1,227.9円1,242.8円1,208.0円1,152.8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)940,000940,000----1,172,0001,172,0001,172,0001,172,0001,220,0001,220,000953,000
対実績比77.8%106.9%----23.3%48.2%72.2%96.5%18.6%34.2%-
営業利益(期初予)45,50045,500----120,000120,000120,000120,000117,000117,0000
対実績比155.3%176.8%----32.4%57.5%86.1%94.9%5.6%-2.9%-
純利益(期初予)26,00026,000----75,50075,50075,50075,50077,50077,500-22,000
対実績比-65.2%87.5%----44.4%69.5%96.0%97.4%1.8%-27.6%-
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4,502円5,446円6,813円8,798円8,799円6,892円7,987円8,121円8,629円7,782円6,382円6,835円-
企業価値1,814,3522,184,0152,636,8313,471,7973,431,7062,695,2233,129,7483,268,5153,498,0233,159,7082,743,1522,954,346-
時価総額1,798,5412,175,8002,722,0663,515,4893,513,5682,752,1613,189,8643,243,4623,446,6513,108,3362,549,3302,730,295-
純有利子負債8,215-85,235-43,692-81,862-56,938-60,11625,05334,34651,372122,765193,822224,051-
PER(会予)55.3倍435.2倍121.0倍65.1倍52.4倍41.1倍42.2倍43.0倍41.5倍-32.9倍--
PBR4.4倍5.8倍6.4倍8.1倍7.7倍5.9倍7.1倍6.8倍7.0倍6.3倍5.3倍5.9倍-
PER × PBR244.8倍2,539.2倍777.7倍528.7倍406.2倍240.7倍300.4倍293.1倍291.8倍-173.8倍--
EV/EBITDA(会予)19.0倍20.9倍21.2倍25.9倍22.3倍17.5倍19.1倍19.9倍21.3倍-15.6倍--
PSR(会予)1.9倍2.2倍2.7倍3.4倍3.2倍2.5倍2.7倍2.8倍3.0倍-2.1倍--
PCFR(会予)25.0倍49.0倍41.0倍35.9倍31.7倍24.8倍26.7倍27.2倍27.2倍70.9倍18.8倍46.7倍-
配当金-27.5円---45.0円---60.0円--0.0円
配当利回り0.4%0.4%0.4%0.3%0.3%0.4%0.6%0.6%0.5%0.6%0.9%0.9%-
配当性向-48.3%---29.3%---32.6%---
自己資本配当率2.9%2.6%4.2%4.0%3.8%4.0%5.0%4.9%4.9%4.8%5.0%5.2%-
ROE6.1%5.4%14.2%13.5%13.1%13.7%15.5%15.1%15.0%14.8%15.2%16.0%-
純利益率(再掲)-2.3%10.9%8.9%7.9%5.6%12.2%9.3%8.6%6.5%0.6%--
総資産回転率1.1回1.1回1.2回1.1回1.1回1.1回1.0回1.1回1.0回0.9回1.0回1.0回-
財務レバレッジ2.5倍2.2倍2.1倍2.1倍2.1倍2.3倍2.3倍2.2倍2.2倍2.5倍2.4倍2.5倍-
実質ROE6.1%5.4%14.2%13.4%13.0%13.6%15.4%15.1%14.9%14.7%15.2%15.9%-
ROIC13.3%13.3%13.4%13.0%12.6%13.4%13.7%13.4%13.0%11.5%10.8%10.7%-
ROA2.4%2.4%6.8%6.4%6.2%6.1%6.8%6.9%6.8%6.0%6.2%6.3%-
β0.760.740.660.700.690.850.900.960.910.920.850.78-
βの決定係数(R2)0.190.170.140.130.120.210.220.250.230.230.220.22-
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126,344166,698124,936159,864136,692125,891111,553102,763100,352110,34299,302100,006-
売上債権167,810162,058176,366155,445172,916166,491181,820169,476173,679172,905152,319133,742-
棚卸資産136,877129,954130,485141,648148,356149,787164,348168,861172,754181,103191,198194,785-
有価証券17,7207,7819,7714,7791,911--------
前払金-------------
繰延税金資産23,03625,46721,75223,69127,77529,690-------
貸倒引当金-2,082-1,727-1,799-1,819-2,070-1,989-1,828-2,066-2,083-2,741-3,075-4,674-
流動資産501,892526,245493,200521,760522,949482,994502,791493,413505,981532,623504,164484,205-
固定資産
建物・構築物164,851162,538160,717160,856161,639191,335185,220196,129200,423223,611220,909222,194-
機械・運搬具89,48981,17580,52281,89583,68884,05583,86784,25985,365104,566105,995106,833-
土地36,33236,97136,86136,61136,04649,79544,95145,00244,94245,04044,81744,858-
建設仮勘定24,78917,19618,44047,93359,67441,93756,48155,87357,51737,51836,63945,789-
有形固定資産160,919158,681156,746187,226201,880235,185267,915283,748289,785314,757311,249319,014-
のれん13,88512,16613,43913,48713,37212,61012,17111,39810,97864,49962,82360,462-
無形固定資産171,566168,586164,567164,783169,841165,406164,541160,976157,845249,209248,092249,284-
投資有価証券26,53726,28026,58124,31224,07823,02623,95418,83116,75213,91514,11213,583-
繰延税金資産35,37230,65827,58729,86026,99659,69168,54862,10458,80655,313---
貸倒引当金-59-241-229-64-65-66-64-64-51-31-34-39-
敷金および保証金-------------
投資その他の資産100,35895,91092,03593,18493,391126,031142,888131,127126,689122,205114,958119,420-
固定資産432,844423,179413,349445,193465,112526,624575,345575,853574,320686,172674,300687,719-
総資産934,736949,425906,549966,954988,0621,009,6181,078,1371,069,2661,080,3011,218,7951,178,4651,171,925-
 
負債
有利子負債合計134,55981,46381,24478,00279,75465,775136,606137,109151,724233,107293,124324,057-
仕入債務44,07749,14040,89460,61039,10956,87032,74036,10629,31531,33627,07424,120-
前受金-------------
未払法人税等19,27625,03211,24518,42617,52220,12914,12210,60110,18911,9519,5525,187-
繰延税金負債(固定)5,5623,7623,5886,3573,6703,3162,8372,7502,7542,712---
負債540,068503,552449,694493,029496,857541,156580,772563,855569,794700,938674,504692,099-
 
純資産
資本金64,50664,50664,50664,50664,50664,50664,50664,50664,50664,50664,50664,506-
資本剰余金70,89970,80870,80470,80470,80470,74870,81870,73770,73770,74170,74170,741-
利益剰余金231,969271,681294,745313,326321,645319,001342,569361,341369,335371,435360,856338,083-
自己株式-903-874-803-3,133-3,079-2,829-2,784-2,685-2,632-2,591-2,497-2,491-
非支配株主持分20,93521,55023,03119,40320,62218,92920,86918,24218,84620,15620,11817,976-
純資産394,668445,872456,855473,925491,205468,462497,364505,411510,506517,857503,960479,825-
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-4,35338,55547,40474,371101,377104,31038,73766,710100,498107,3785,625-22,421-
減価償却費-39,614-20,195-41,994-26,828-55,732-30,086-
のれん償却額-4,235-928-1,851-887-2,678-3,581-
減損損失70,71070,922-----------
受取利息及び受取配当金--1,439--908--1,718--842--1,576--494-
売上債権の増減額--25,447-1,558--10,659--7,340--9,209-37,377-
棚卸資産の増減額--13,287--15,666--24,291--22,594--31,217--15,587-
仕入債務の増減額-22,082--2,133-13,916-3,944-10,190--35,374-
営業CF-95,392-39,262-92,577-20,659-75,562--16,328-
投資CF
有価証券の取得0-70-9820-1,6940-3550-4620-3-
有価証券の売却・償還01,92202,90104,66404,649010,1810430-
固定資産の購入0-44,6330-22,3260-97,6800-65,2290-111,8000-47,625-
固定資産の売却01,70301,53108,70403001,1900534-
貸付け-------------
貸付金の回収-------------
投資CF--1,061--26,168--103,112--63,254--202,823--49,859-
財務CF
短期借入金の純増減額--3,170--2,878--5,140--2,762-117,751-25,258-
長期借入れ-10,000-----44,024-43,624-50,000-
長期借入金の返済--45,762--365--730--365--730--365-
社債の発行-----------20,000-
社債の償還----------10,000--15,000-
自己株式の取得--17--2,414--2,431--12--22--9-
自己株式の売却-------------
配当金の支払--8,977--5,936--13,940--10,071--22,028--11,953-
財務CF--53,117--17,580--29,722-22,762-113,678-58,289-
換算差額-2,498--4,249--4,809--1,430--693--1,891-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額044,633022,326097,680065,2290132,212047,625-
研究開発費---------31,700---
発行済株式総数399,522,669株399,539,967株399,578,215株399,314,453株399,326,921株399,381,951株399,391,928株399,414,323株399,426,414株399,435,545株399,456,334株399,457,970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-37,438人---38,640人---40,000人---
売上/従業員(千円)-26,846---28,334---28,289---
営利/従業員(千円)-2,149---2,804---2,846---
四半期売上(百万円)
売上5y CAGR・予想:2.9 %
四半期利益(百万円)
営利 CAGR・実績:N/A %
純利 CAGR・実績:N/A %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上259,092273,861263,760268,836273,164289,065273,618291,029281,978284,922226,893190,919953,000
前期比123.1%120.3%113.5%112.2%105.4%105.6%103.7%108.3%103.2%98.6%82.9%65.6%84.2%
売上原価59,98162,92954,93054,13961,02661,83356,58459,01662,63876,60649,79451,069-
売上総利益199,111210,932208,830214,696212,139227,231217,034232,012219,341208,316177,098139,850-
%76.8%77.0%79.2%79.9%77.7%78.6%79.3%79.7%77.8%73.1%78.1%73.3%-
販管費163,127201,150161,685190,729181,839220,292178,100201,965184,998197,808170,602149,783-
営業利益35,9839,78347,14423,96730,3016,93838,93430,04634,34410,5076,496-9,9320
前期比191.4%-499.9%195.4%227.4%84.2%70.9%82.6%125.4%113.3%151.4%16.7%-33.1%0.0%
%13.9%3.6%17.9%8.9%11.1%2.4%14.2%10.3%12.2%3.7%2.9%-5.2%0.0%
受取利息および受取配当金003170002840002500-
持分法による投資利益17346844386886181144446144-
営業外収益7009922,1412,7338131,4261,8621,4891,0911,2323,111772-
支払利息247327210180173206239669677707709534-
持分法による投資損失00-000-000-0-
営業外費用5098192,0641,1141,2571,5391,2813,0852,6813,7193,5543,246-
経常利益36,1739,95747,22125,58629,8566,82639,51528,45032,7538,0216,052-12,405-6,500
固定資産売却益688228484122222,22561462954862-
投資有価証券売却益0874-1,5661,14924-1,2229441,2835306-
特別利益90037,8904842,2096992,24961,2371,5731,2874922,144-
固定資産売却損00-000-000-0-
投資有価証券売却損00-000-0027-0-
減損損失70,710212-000-000-0-
特別損失72,0084,9383008293,5496,1437841,7135392,42991917,785-
税引前利益-34,93542,90847,40426,96727,0062,93338,73727,97333,7886,8805,625-28,046-
法人税等-4112,90216,2948,3159,7205,0763,7408,58212,9874,7673,623-4,779-
%1.2%6.8%34.4%30.8%36.0%173.1%9.7%30.7%38.4%69.3%64.4%17.0%-
当期純利益-34,52440,00731,11018,65217,286-2,14334,99719,39120,8002,1132,001-23,266-
非支配株主に帰属する当期純利益1,2393002,240-1459524541,4874487941,010599-489-
親会社株主に帰属する当期純利益-35,76339,70728,87018,79616,334-2,59733,50918,94320,0061,1041,402-22,778-22,000
前期比-282.1%-782.6%206.2%391.1%-45.7%-6.5%116.1%100.8%122.5%-42.5%4.2%-120.2%-29.9%
%-13.8%14.5%10.9%7.0%6.0%-0.9%12.2%6.5%7.1%0.4%0.6%-11.9%-2.3%
 
EBITDA70,654124,28647,14492,234101,412152,19538,93496,695103,324172,2416,496--
EPS56.9円56.9円153.7円153.8円153.8円153.7円184.2円184.2円184.2円184.2円184.2円184.2円0.0円
BPS933.3円1,059.8円1,083.4円1,135.9円1,176.0円1,123.2円1,190.5円1,216.9円1,227.9円1,242.8円1,208.0円1,152.8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)940,000940,000----1,172,0001,172,0001,172,0001,172,0001,220,0001,220,000953,000
対実績比77.8%106.9%----23.3%48.2%72.2%96.5%18.6%34.2%-
営業利益(期初予)45,50045,500----120,000120,000120,000120,000117,000117,0000
対実績比155.3%176.8%----32.4%57.5%86.1%94.9%5.6%-2.9%-
純利益(期初予)26,00026,000----75,50075,50075,50075,50077,50077,500-22,000
対実績比-65.2%87.5%----44.4%69.5%96.0%97.4%1.8%-27.6%-
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4,502円5,446円6,813円8,798円8,799円6,892円7,987円8,121円8,629円7,782円6,382円6,835円-
企業価値1,814,3522,184,0152,636,8313,471,7973,431,7062,695,2233,129,7483,268,5153,498,0233,159,7082,743,1522,954,346-
時価総額1,798,5412,175,8002,722,0663,515,4893,513,5682,752,1613,189,8643,243,4623,446,6513,108,3362,549,3302,730,295-
純有利子負債8,215-85,235-43,692-81,862-56,938-60,11625,05334,34651,372122,765193,822224,051-
PER(会予)55.3倍435.2倍121.0倍65.1倍52.4倍41.1倍42.2倍43.0倍41.5倍-32.9倍--
PBR4.4倍5.8倍6.4倍8.1倍7.7倍5.9倍7.1倍6.8倍7.0倍6.3倍5.3倍5.9倍-
PER × PBR244.8倍2,539.2倍777.7倍528.7倍406.2倍240.7倍300.4倍293.1倍291.8倍-173.8倍--
EV/EBITDA(会予)19.0倍20.9倍21.2倍25.9倍22.3倍17.5倍19.1倍19.9倍21.3倍-15.6倍--
PSR(会予)1.9倍2.2倍2.7倍3.4倍3.2倍2.5倍2.7倍2.8倍3.0倍-2.1倍--
PCFR(会予)25.0倍49.0倍41.0倍35.9倍31.7倍24.8倍26.7倍27.2倍27.2倍70.9倍18.8倍46.7倍-
配当金-27.5円---45.0円---60.0円--0.0円
配当利回り0.4%0.4%0.4%0.3%0.3%0.4%0.6%0.6%0.5%0.6%0.9%0.9%-
配当性向-48.3%---29.3%---32.6%---
自己資本配当率2.9%2.6%4.2%4.0%3.8%4.0%5.0%4.9%4.9%4.8%5.0%5.2%-
ROE6.1%5.4%14.2%13.5%13.1%13.7%15.5%15.1%15.0%14.8%15.2%16.0%-
純利益率(再掲)-2.3%10.9%8.9%7.9%5.6%12.2%9.3%8.6%6.5%0.6%--
総資産回転率1.1回1.1回1.2回1.1回1.1回1.1回1.0回1.1回1.0回0.9回1.0回1.0回-
財務レバレッジ2.5倍2.2倍2.1倍2.1倍2.1倍2.3倍2.3倍2.2倍2.2倍2.5倍2.4倍2.5倍-
実質ROE6.1%5.4%14.2%13.4%13.0%13.6%15.4%15.1%14.9%14.7%15.2%15.9%-
ROIC13.3%13.3%13.4%13.0%12.6%13.4%13.7%13.4%13.0%11.5%10.8%10.7%-
ROA2.4%2.4%6.8%6.4%6.2%6.1%6.8%6.9%6.8%6.0%6.2%6.3%-
β0.760.740.660.700.690.850.900.960.910.920.850.78-
βの決定係数(R2)0.190.170.140.130.120.210.220.250.230.230.220.22-
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126,344166,698124,936159,864136,692125,891111,553102,763100,352110,34299,302100,006-
売上債権167,810162,058176,366155,445172,916166,491181,820169,476173,679172,905152,319133,742-
棚卸資産136,877129,954130,485141,648148,356149,787164,348168,861172,754181,103191,198194,785-
有価証券17,7207,7819,7714,7791,911--------
前払金-------------
繰延税金資産23,03625,46721,75223,69127,77529,690-------
貸倒引当金-2,082-1,727-1,799-1,819-2,070-1,989-1,828-2,066-2,083-2,741-3,075-4,674-
流動資産501,892526,245493,200521,760522,949482,994502,791493,413505,981532,623504,164484,205-
固定資産
建物・構築物164,851162,538160,717160,856161,639191,335185,220196,129200,423223,611220,909222,194-
機械・運搬具89,48981,17580,52281,89583,68884,05583,86784,25985,365104,566105,995106,833-
土地36,33236,97136,86136,61136,04649,79544,95145,00244,94245,04044,81744,858-
建設仮勘定24,78917,19618,44047,93359,67441,93756,48155,87357,51737,51836,63945,789-
有形固定資産160,919158,681156,746187,226201,880235,185267,915283,748289,785314,757311,249319,014-
のれん13,88512,16613,43913,48713,37212,61012,17111,39810,97864,49962,82360,462-
無形固定資産171,566168,586164,567164,783169,841165,406164,541160,976157,845249,209248,092249,284-
投資有価証券26,53726,28026,58124,31224,07823,02623,95418,83116,75213,91514,11213,583-
繰延税金資産35,37230,65827,58729,86026,99659,69168,54862,10458,80655,313---
貸倒引当金-59-241-229-64-65-66-64-64-51-31-34-39-
敷金および保証金-------------
投資その他の資産100,35895,91092,03593,18493,391126,031142,888131,127126,689122,205114,958119,420-
固定資産432,844423,179413,349445,193465,112526,624575,345575,853574,320686,172674,300687,719-
総資産934,736949,425906,549966,954988,0621,009,6181,078,1371,069,2661,080,3011,218,7951,178,4651,171,925-
 
負債
有利子負債合計134,55981,46381,24478,00279,75465,775136,606137,109151,724233,107293,124324,057-
仕入債務44,07749,14040,89460,61039,10956,87032,74036,10629,31531,33627,07424,120-
前受金-------------
未払法人税等19,27625,03211,24518,42617,52220,12914,12210,60110,18911,9519,5525,187-
繰延税金負債(固定)5,5623,7623,5886,3573,6703,3162,8372,7502,7542,712---
負債540,068503,552449,694493,029496,857541,156580,772563,855569,794700,938674,504692,099-
 
純資産
資本金64,50664,50664,50664,50664,50664,50664,50664,50664,50664,50664,50664,506-
資本剰余金70,89970,80870,80470,80470,80470,74870,81870,73770,73770,74170,74170,741-
利益剰余金231,969271,681294,745313,326321,645319,001342,569361,341369,335371,435360,856338,083-
自己株式-903-874-803-3,133-3,079-2,829-2,784-2,685-2,632-2,591-2,497-2,491-
非支配株主持分20,93521,55023,03119,40320,62218,92920,86918,24218,84620,15620,11817,976-
純資産394,668445,872456,855473,925491,205468,462497,364505,411510,506517,857503,960479,825-
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-4,35338,55547,40474,371101,377104,31038,73766,710100,498107,3785,625-22,421-
減価償却費-39,614-20,195-41,994-26,828-55,732-30,086-
のれん償却額-4,235-928-1,851-887-2,678-3,581-
減損損失70,710212-000-000-0-
受取利息及び受取配当金--1,439--908--1,718--842--1,576--494-
売上債権の増減額--25,447-1,558--10,659--7,340--9,209-37,377-
棚卸資産の増減額--13,287--15,666--24,291--22,594--31,217--15,587-
仕入債務の増減額-22,082--2,133-13,916-3,944-10,190--35,374-
営業CF-95,392-39,262-92,577-20,659-75,562--16,328-
投資CF
有価証券の取得0-70-9820-1,6940-3550-4620-3-
有価証券の売却・償還01,92202,90104,66404,649010,1810430-
固定資産の購入0-44,6330-22,3260-97,6800-65,2290-111,8000-47,625-
固定資産の売却01,70301,53108,70403001,1900534-
貸付け-------------
貸付金の回収-------------
投資CF--1,061--26,168--103,112--63,254--202,823--49,859-
財務CF
短期借入金の純増減額--3,170--2,878--5,140--2,762-117,751-25,258-
長期借入れ-10,000-----44,024-43,624-50,000-
長期借入金の返済--45,762--365--730--365--730--365-
社債の発行-----------20,000-
社債の償還----------10,000--15,000-
自己株式の取得--17--2,414--2,431--12--22--9-
自己株式の売却-------------
配当金の支払--8,977--5,936--13,940--10,071--22,028--11,953-
財務CF--53,117--17,580--29,722-22,762-113,678-58,289-
換算差額-2,498--4,249--4,809--1,430--693--1,891-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額044,633022,326097,680065,2290132,212047,625-
研究開発費---------31,700---
発行済株式総数399,522,669株399,539,967株399,578,215株399,314,453株399,326,921株399,381,951株399,391,928株399,414,323株399,426,414株399,435,545株399,456,334株399,457,970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-37,438人---38,640人---40,000人---
売上/従業員(千円)-26,846---28,334---28,289---
営利/従業員(千円)-2,149---2,804---2,846---