通期売上(百万円)
売上5y CAGR・予想:6.4 %
通期利益(百万円)
営利5y CAGR・予想:10.4 %
純利5y CAGR・予想:7.6 %
P/L
2017.122018.122019.122020.12E
売上156,761167,479168,052165,000
前期比130.6%106.8%100.3%98.2%
売上原価61,23864,35964,705-
売上総利益95,522103,119103,346-
%60.9%61.6%61.5%-
販管費72,59676,83076,991-
営業利益22,92526,28926,35526,400
前期比131.7%114.7%100.3%100.2%
%14.6%15.7%15.7%16.0%
受取利息および受取配当金657715984-
持分法による投資利益----
営業外収益2,7242,5282,736-
支払利息383520-
持分法による投資損失----
営業外費用1,4581,4431,239-
経常利益24,19127,37427,85128,000
固定資産売却益017-
投資有価証券売却益30365-
特別利益1057982-
固定資産売却損----
投資有価証券売却損----
減損損失1,5441,9561,663-
特別損失1,7242,0782,029-
税引前利益22,57225,30426,804-
法人税等6,7097,2807,665-
%29.7%28.8%28.6%-
当期純利益15,86318,02319,139-
非支配株主に帰属する当期純利益----
親会社株主に帰属する当期純利益15,86318,02319,13920,000
前期比110.8%113.6%106.2%104.5%
%10.1%10.8%11.4%12.1%
 
EBITDA26,44429,69230,482-
EPS200.9円227.9円244.9円243.1円
BPS1,947.8円2,102.5円2,208.9円-
期初会社予想
2017.122018.122019.122020.12E
売上高(期初予)150,000163,000173,000165,000
対実績比104.5%102.7%97.1%-
営業利益(期初予)20,00023,70027,30026,400
対実績比114.6%110.9%96.5%-
純利益(期初予)15,10017,00019,00020,000
対実績比105.1%106.0%100.7%-
配当
ROEデュポン分解
β
マルチプル
2017.122018.122019.122020.12E
株価7,320円7,470円9,270円-
企業価値526,128528,414661,135-
時価総額577,669590,673724,573-
純有利子負債-64,214-73,425-74,689-
PER(会予)38.3倍34.7倍38.1倍-
PBR3.9倍3.6倍4.3倍-
PER × PBR149.9倍124.3倍165.3倍-
EV/EBITDA(会予)23.3倍19.4倍21.5倍-
PSR(会予)3.9倍3.6倍4.2倍-
PCFR(会予)32.6倍28.8倍32.3倍-
配当金58.0円66.0円73.0円68.0円
配当利回り0.7%0.8%0.7%-
配当性向28.9%29.0%29.8%-
自己資本配当率3.0%3.1%3.3%-
ROE10.3%10.8%11.1%-
純利益率(再掲)10.1%10.8%11.4%-
総資産回転率0.7回0.7回0.7回-
財務レバレッジ1.4倍1.4倍1.4倍-
実質ROE9.6%10.1%9.9%-
ROIC10.5%11.4%10.8%-
ROA7.2%7.9%8.2%-
β0.530.600.67-
βの決定係数(R2)0.150.170.20-
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64,99074,45675,580-
売上債権50,03253,38654,818-
棚卸資産13,28913,64315,086-
有価証券8,3008,30014,977-
前払金----
繰延税金資産3,2213,234--
貸倒引当金-34-131-45-
流動資産142,346151,824162,712-
固定資産
建物・構築物8,2128,4478,520-
機械・運搬具3,9854,4664,751-
土地3,5763,6254,248-
建設仮勘定5625121,519-
有形固定資産18,24719,02421,180-
のれん2,6263,2411,582-
無形固定資産4,7984,8233,112-
投資有価証券46,79745,91639,533-
繰延税金資産5391,6272,028-
貸倒引当金-384-469-619-
敷金および保証金----
投資その他の資産53,43853,11546,392-
固定資産76,48476,96370,685-
総資産218,831228,787233,398-
 
負債
有利子負債合計7761,031891-
仕入債務8,2798,7068,276-
前受金----
未払法人税等4,6544,4234,962-
繰延税金負債(固定)5,2242,8122,779-
負債65,01962,53860,740-
 
純資産
資本金3,4503,4503,450-
資本剰余金4,1834,1834,183-
利益剰余金146,758159,857173,650-
自己株式-12,259-11,763-19,762-
非支配株主持分----
純資産153,811166,249172,657-
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22,57225,30426,804-
減価償却費2,9262,9643,731-
のれん償却額593439396-
減損損失1,5441,9561,663-
受取利息及び受取配当金-657-715-985-
売上債権の増減額-2,969-3,367-1,426-
棚卸資産の増減額-526-493-1,020-
仕入債務の増減額1,500481-993-
営業CF22,35020,00720,089-
投資CF
有価証券の取得-1,064-27-23-
有価証券の売却・償還7156411,084-
固定資産の購入-3,205-3,701-4,804-
固定資産の売却3247-
貸付け-89-123-170-
貸付金の回収100-
投資CF7,039-8,062-5,072-
財務CF
短期借入金の純増減額-47228-495-
長期借入れ----
長期借入金の返済--1-570-
社債の発行----
社債の償還----
自己株式の取得-5,068--8,014-
自己株式の売却----
配当金の支払-4,343-4,818-5,333-
財務CF-9,162-4,285-14,581-
換算差額137-431-79-
その他
2017.122018.122019.122020.12E
設備投資額3,3606,4156,073-
研究開発費--7,110-
発行済株式総数78,947,063株79,072,663株78,163,163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3,033人3,271人3,435人-
売上/従業員(千円)51,68551,20148,923-
営利/従業員(千円)7,5598,0377,672-
四半期売上(百万円)
売上5y CAGR・予想:6.4 %
四半期利益(百万円)
営利5y CAGR・予想:10.4 %
純利5y CAGR・予想:7.6 %
P/L
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上156,76133,71572,678115,768167,47931,67769,332111,202168,05231,91166,180105,049154,000
前期比130.6%109.6%108.0%107.5%106.8%94.0%95.4%96.1%100.3%100.7%95.5%94.5%91.6%
売上原価61,23812,43826,33742,58464,35912,97527,80344,88064,70513,68927,75243,790-
売上総利益95,52221,27646,34173,184103,11918,70241,52866,321103,34618,22238,42861,259-
%60.9%63.1%63.8%63.2%61.6%59.0%59.9%59.6%61.5%57.1%58.1%58.3%-
販管費72,59615,70934,73853,61676,83013,55230,39646,49076,99113,34728,20741,743-
営業利益22,9255,56711,60219,56726,2895,14911,13119,83126,3554,87510,22019,51525,900
前期比131.7%112.3%112.0%114.1%114.7%92.5%95.9%101.3%100.3%94.7%91.8%98.4%98.3%
%14.6%16.5%16.0%16.9%15.7%16.3%16.1%17.8%15.7%15.3%15.4%18.6%16.8%
受取利息および受取配当金6576233442471579580740984100410478-
持分法による投資利益-------------
営業外収益2,7242156272,0152,5281788652,1932,7363241,1011,899-
支払利息384319354812209913-
持分法による投資損失-------------
営業外費用1,4583676969911,4431083625771,239157292372-
経常利益24,1915,41611,53320,59127,3745,21911,63521,44727,8515,04211,02921,04227,600
固定資産売却益0--11-267-22-
投資有価証券売却益3---0-2146365--2-
特別利益10506773605753982125-
固定資産売却損-------------
投資有価証券売却損---------8910-
減損損失1,544-7551,0941,956-5525531,663-44-
特別損失1,724128121,1592,078106556912,02997149184-
税引前利益22,5725,40310,72719,43925,3045,21211,58521,50926,8044,94610,88220,863-
法人税等6,7091,5823,0975,6717,2801,5293,3836,2647,6651,2042,6645,605-
%29.7%29.3%28.9%29.2%28.8%29.3%29.2%29.1%28.6%24.3%24.5%26.9%-
当期純利益15,8633,8217,62913,76718,0233,6838,20215,24519,1393,7428,21815,258-
非支配株主に帰属する当期純利益-------------
親会社株主に帰属する当期純利益15,8633,8217,62913,76718,0233,6838,20215,24519,1393,7428,21815,25819,200
前期比110.8%110.6%108.4%117.3%113.6%96.4%107.5%110.7%106.2%101.6%100.2%100.1%100.3%
%10.1%11.3%10.5%11.9%10.8%11.6%11.8%13.7%11.4%11.7%12.4%14.5%12.5%
 
EBITDA26,4445,56713,21319,56729,6925,14912,82519,83130,4824,87512,51419,515-
EPS200.9円228.2円227.9円227.9円227.9円243.0円244.9円244.9円244.9円244.9円244.9円244.9円245.6円
BPS1,947.8円1,950.1円2,017.8円2,087.7円2,102.5円2,104.0円2,085.3円2,138.6円2,208.9円2,180.5円2,241.2円2,301.2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)150,000163,000163,000163,000163,000173,000173,000173,000173,000165,000165,000165,000154,000
対実績比104.5%20.7%44.6%71.0%102.7%18.3%40.1%64.3%97.1%19.3%40.1%63.7%-
営業利益(期初予)20,00023,70023,70023,70023,70027,30027,30027,30027,30026,40026,40026,40025,900
対実績比114.6%23.5%49.0%82.6%110.9%18.9%40.8%72.6%96.5%18.5%38.7%73.9%-
純利益(期初予)15,10017,00017,00017,00017,00019,00019,00019,00019,00020,00020,00020,00019,200
対実績比105.1%22.5%44.9%81.0%106.0%19.4%43.2%80.2%100.7%18.7%41.1%76.3%-
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7,320円7,680円9,570円8,360円7,470円9,340円7,710円8,220円9,270円10,000円9,480円10,170円-
企業価値526,128542,099688,945596,877528,414665,114536,502579,063661,135703,057658,234712,963-
時価総額577,669606,313755,791661,047590,673738,539607,181642,501724,573781,632740,987794,919-
純有利子負債-64,214-66,846-64,170-62,259-73,425-70,679-66,454-63,438-74,689-78,575-82,753-81,956-
PER(会予)38.3倍35.7倍44.5倍38.9倍34.7倍43.4倍32.0倍33.8倍38.1倍41.1倍37.0倍41.4倍-
PBR3.9倍3.9倍4.9倍4.1倍3.6倍4.4倍3.7倍3.8倍4.3倍4.6倍4.2倍4.4倍-
PER × PBR149.9倍140.6倍218.2倍161.1倍124.3倍193.0倍117.1倍130.0倍165.3倍188.7倍156.7倍183.0倍-
EV/EBITDA(会予)23.3倍19.9倍25.3倍21.9倍19.4倍24.5倍17.5倍18.9倍21.5倍22.4倍21.6倍23.7倍-
PSR(会予)3.9倍3.7倍4.6倍4.1倍3.6倍4.5倍3.5倍3.7倍4.2倍4.5倍4.5倍5.2倍-
PCFR(会予)32.6倍29.5倍36.8倍32.2倍28.8倍36.2倍27.1倍28.7倍32.3倍33.8倍30.7倍34.1倍-
配当金58.0円---66.0円---73.0円---75.0円
配当利回り0.7%0.8%0.6%0.7%0.8%0.7%0.9%0.8%0.7%0.7%0.8%0.7%-
配当性向28.9%---29.0%---29.8%----
自己資本配当率3.0%3.4%3.3%3.2%3.1%3.5%3.5%3.4%3.3%3.3%3.3%3.2%-
ROE10.3%11.7%11.3%10.9%10.8%11.6%11.7%11.4%11.1%11.2%10.9%10.6%-
純利益率(再掲)10.1%11.3%10.5%11.9%10.8%11.6%11.8%13.7%11.4%11.7%12.4%14.5%-
総資産回転率0.7回0.8回0.8回0.7回0.7回0.8回0.8回0.8回0.7回0.8回0.7回0.7回-
財務レバレッジ1.4倍1.4倍1.4倍1.4倍1.4倍1.3倍1.3倍1.3倍1.4倍1.3倍1.3倍1.3倍-
実質ROE9.6%10.8%10.5%10.2%10.1%10.6%10.5%10.2%9.9%10.1%9.8%9.6%-
ROIC10.5%12.3%11.9%11.5%11.4%11.2%11.4%11.1%10.8%10.9%10.6%10.4%-
ROA7.2%8.6%8.3%8.0%7.9%8.7%8.7%8.6%8.2%8.6%8.5%8.4%-
β0.530.550.430.460.600.610.640.650.670.430.360.30-
βの決定係数(R2)0.150.150.090.090.170.170.180.190.200.090.070.05-
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64,99067,59364,99763,09374,45671,91167,28764,21275,58079,38283,51982,648-
売上債権50,03238,56342,71549,00653,38641,13944,51349,56654,81841,15039,36145,196-
棚卸資産13,28915,04216,95118,15813,64317,14519,39020,23015,08617,70219,12719,345-
有価証券8,3008,3008,3008,3008,3008,30010,32712,97414,97715,48515,06314,859-
前払金-------------
繰延税金資産3,2213,8113,2633,4043,234--------
貸倒引当金-34-28-28-32-131-113-75-38-45-32-19-21-
流動資産142,346135,194138,543144,250151,824141,571143,687149,359162,712156,311159,869164,631-
固定資産
建物・構築物8,2128,0478,0687,9878,4478,3478,7118,5638,5208,1998,2128,162-
機械・運搬具3,9853,9254,3894,3944,4664,4564,8784,8064,7514,7274,9714,879-
土地3,5763,5733,5753,6273,6253,6254,1174,2484,2484,1014,4794,686-
建設仮勘定5625447196775126708108961,519875620918-
有形固定資産18,24718,02618,68918,60719,02419,26320,76320,67121,18020,01520,37420,661-
のれん2,6262,3623,3323,2753,2413,1082,4912,3291,5821,5071,4651,396-
無形固定資産4,7984,4105,4795,4294,8234,7334,0943,9133,1123,0773,0853,089-
投資有価証券46,79746,48147,75749,82745,91647,54543,32340,54539,53335,45834,34032,576-
繰延税金資産5395295335361,6271,7351,9312,6032,028----
貸倒引当金-384-395-418-454-469-508-548-576-619-655-690-720-
敷金および保証金-------------
投資その他の資産53,43853,03354,38856,53053,11554,88950,91448,67146,39242,46841,66038,865-
固定資産76,48475,47178,55780,56776,96378,88675,77273,25670,68565,56165,12062,615-
総資産218,831210,665217,101224,818228,787220,457219,459222,615233,398221,873224,989227,247-
 
負債
有利子負債合計7767478278341,0311,232833774891807766692-
仕入債務8,2798,0688,7169,6028,7068,8469,3669,4608,2768,1277,9408,077-
前受金-------------
未払法人税等4,6542,8294,0273,1524,4232,5074,0023,4234,9623,0014,0052,352-
繰延税金負債(固定)5,2245,1605,3355,8552,8122,8182,8593,4512,779----
負債65,01956,62657,54959,73762,53854,76456,46755,45560,74051,44049,80947,374-
 
純資産
資本金3,4503,4503,4503,4503,4503,4503,4503,4503,4503,4503,4503,450-
資本剰余金4,1834,1834,1834,1834,1834,1834,1834,1834,1834,1834,1834,183-
利益剰余金146,758148,187151,915155,843159,857160,773165,292169,690173,650174,266178,742183,124-
自己株式-12,259-12,148-11,763-11,763-11,763-14,543-19,762-19,762-19,762-19,762-19,762-19,762-
非支配株主持分-------------
純資産153,811154,039159,552165,080166,249165,693162,992167,160172,657170,432175,180179,872-
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22,5725,40310,72719,43925,3045,21211,58521,50926,8044,94610,88220,863-
減価償却費2,926-1,394-2,964-1,464-3,731-2,203--
のれん償却額593-217-439-230-396-91--
減損損失1,544-7551,0941,956-5525531,663-44-
受取利息及び受取配当金-657--334--715--581--985--411--
売上債権の増減額-2,969-7,201--3,367-8,904--1,426-14,633--
棚卸資産の増減額-526--3,637--493--5,427--1,020--3,911--
仕入債務の増減額1,500--492-481--95--993--690--
営業CF22,350-6,418-20,007-7,272-20,089-11,969--
投資CF
有価証券の取得-1,0640-110-270-90-230-80-
有価証券の売却・償還7150206410301,08402,0000-
固定資産の購入-3,2050-2,0410-3,7010-2,4660-4,8040-2,3150-
固定資産の売却300020130470110-
貸付け-89--44--123--97--170--56--
貸付金の回収1-0-0-0-0-0--
投資CF7,039--7,618--8,062--3,981--5,072-182--
財務CF
短期借入金の純増減額-47--1-228--488--495--7--
長期借入れ-------------
長期借入金の返済-----1----570----
社債の発行-------------
社債の償還-------------
自己株式の取得-5,068------8,014--8,014----
自己株式の売却-------------
配当金の支払-4,343--2,368--4,818--2,764--5,333--3,128--
財務CF-9,162--2,035--4,285--11,351--14,581--3,232--
換算差額137--398--431--282--79--300--
その他
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
設備投資額3,36002,04106,41502,46606,07302,3150-
研究開発費--------7,110----
発行済株式総数78,947,063株78,975,063株79,072,663株79,072,663株79,072,663株78,752,363株78,163,163株78,163,163株78,163,163株78,163,163株78,163,163株78,163,163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3,033人---3,271人---3,435人----
売上/従業員(千円)51,685---51,201---48,923----
営利/従業員(千円)7,559---8,037---7,672----
四半期売上(百万円)
売上5y CAGR・予想:6.4 %
四半期利益(百万円)
営利5y CAGR・予想:10.4 %
純利5y CAGR・予想:7.6 %
P/L
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上49,10833,71538,96343,09051,71131,67737,65541,87056,85031,91134,26938,869154,000
前期比-109.6%106.6%106.8%105.3%94.0%96.6%97.2%109.9%100.7%91.0%92.8%91.6%
売上原価21,13512,43813,89916,24721,77512,97514,82817,07719,82513,68914,06316,038-
売上総利益27,97321,27625,06526,84329,93518,70222,82624,79337,02518,22220,20622,831-
%57.0%63.1%64.3%62.3%57.9%59.0%60.6%59.2%65.1%57.1%59.0%58.7%-
販管費22,19715,70919,02918,87823,21413,55216,84416,09430,50113,34714,86013,536-
営業利益5,7765,5676,0357,9656,7225,1495,9828,7006,5244,8755,3459,29525,900
前期比-112.3%111.7%117.4%116.4%92.5%99.1%109.2%97.1%94.7%89.4%106.8%98.3%
%11.8%16.5%15.5%18.5%13.0%16.3%15.9%20.8%11.5%15.3%15.6%23.9%16.8%
受取利息および受取配当金0620007900010000-
持分法による投資利益0-000-000-00-
営業外収益1,8922154121,3885131786871,328543324777798-
支払利息224-116164448904-
持分法による投資損失0-000-000-00-
営業外費用46836732929545210825421566215713580-
経常利益7,1995,4166,1179,0586,7835,2196,4169,8126,4045,0425,98710,01327,600
固定資産売却益0-010-241-20-
投資有価証券売却益3-000-2144219-02-
特別利益10106103602148229113-
固定資産売却損0-000-000-00-
投資有価証券売却損0-000-000811-
減損損失1,211-755339862-55211,110-40-
特別損失1,2611280034791910645361,338975235-
税引前利益6,0395,4035,3248,7125,8655,2126,3739,9245,2954,9465,9369,981-
法人税等1,9171,5821,5152,5741,6091,5291,8542,8811,4011,2041,4602,941-
%31.7%29.3%28.5%29.5%27.4%29.3%29.1%29.0%26.5%24.3%24.6%29.5%-
当期純利益4,1233,8213,8086,1384,2563,6834,5197,0433,8943,7424,4767,040-
非支配株主に帰属する当期純利益0-000-000-00-
親会社株主に帰属する当期純利益4,1233,8213,8086,1384,2563,6834,5197,0433,8943,7424,4767,04019,200
前期比-110.6%106.3%130.5%103.2%96.4%118.7%114.7%91.5%101.6%99.0%100.0%100.3%
%8.4%11.3%9.8%14.2%8.2%11.6%12.0%16.8%6.8%11.7%13.1%18.1%12.5%
 
EBITDA26,4445,56713,21319,56729,6925,14912,82519,83130,4824,87512,51419,515-
EPS200.9円228.2円227.9円227.9円227.9円243.0円244.9円244.9円244.9円244.9円244.9円244.9円245.6円
BPS1,947.8円1,950.1円2,017.8円2,087.7円2,102.5円2,104.0円2,085.3円2,138.6円2,208.9円2,180.5円2,241.2円2,301.2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)150,000163,000163,000163,000163,000173,000173,000173,000173,000165,000165,000165,000154,000
対実績比104.5%20.7%44.6%71.0%102.7%18.3%40.1%64.3%97.1%19.3%40.1%63.7%-
営業利益(期初予)20,00023,70023,70023,70023,70027,30027,30027,30027,30026,40026,40026,40025,900
対実績比114.6%23.5%49.0%82.6%110.9%18.9%40.8%72.6%96.5%18.5%38.7%73.9%-
純利益(期初予)15,10017,00017,00017,00017,00019,00019,00019,00019,00020,00020,00020,00019,200
対実績比105.1%22.5%44.9%81.0%106.0%19.4%43.2%80.2%100.7%18.7%41.1%76.3%-
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7,320円7,680円9,570円8,360円7,470円9,340円7,710円8,220円9,270円10,000円9,480円10,170円-
企業価値526,128542,099688,945596,877528,414665,114536,502579,063661,135703,057658,234712,963-
時価総額577,669606,313755,791661,047590,673738,539607,181642,501724,573781,632740,987794,919-
純有利子負債-64,214-66,846-64,170-62,259-73,425-70,679-66,454-63,438-74,689-78,575-82,753-81,956-
PER(会予)38.3倍35.7倍44.5倍38.9倍34.7倍43.4倍32.0倍33.8倍38.1倍41.1倍37.0倍41.4倍-
PBR3.9倍3.9倍4.9倍4.1倍3.6倍4.4倍3.7倍3.8倍4.3倍4.6倍4.2倍4.4倍-
PER × PBR149.9倍140.6倍218.2倍161.1倍124.3倍193.0倍117.1倍130.0倍165.3倍188.7倍156.7倍183.0倍-
EV/EBITDA(会予)23.3倍19.9倍25.3倍21.9倍19.4倍24.5倍17.5倍18.9倍21.5倍22.4倍21.6倍23.7倍-
PSR(会予)3.9倍3.7倍4.6倍4.1倍3.6倍4.5倍3.5倍3.7倍4.2倍4.5倍4.5倍5.2倍-
PCFR(会予)32.6倍29.5倍36.8倍32.2倍28.8倍36.2倍27.1倍28.7倍32.3倍33.8倍30.7倍34.1倍-
配当金58.0円---66.0円---73.0円---75.0円
配当利回り0.7%0.8%0.6%0.7%0.8%0.7%0.9%0.8%0.7%0.7%0.8%0.7%-
配当性向28.9%---29.0%---29.8%----
自己資本配当率3.0%3.4%3.3%3.2%3.1%3.5%3.5%3.4%3.3%3.3%3.3%3.2%-
ROE10.3%11.7%11.3%10.9%10.8%11.6%11.7%11.4%11.1%11.2%10.9%10.6%-
純利益率(再掲)10.1%11.3%10.5%11.9%10.8%11.6%11.8%13.7%11.4%11.7%12.4%14.5%-
総資産回転率0.7回0.8回0.8回0.7回0.7回0.8回0.8回0.8回0.7回0.8回0.7回0.7回-
財務レバレッジ1.4倍1.4倍1.4倍1.4倍1.4倍1.3倍1.3倍1.3倍1.4倍1.3倍1.3倍1.3倍-
実質ROE9.6%10.8%10.5%10.2%10.1%10.6%10.5%10.2%9.9%10.1%9.8%9.6%-
ROIC10.5%12.3%11.9%11.5%11.4%11.2%11.4%11.1%10.8%10.9%10.6%10.4%-
ROA7.2%8.6%8.3%8.0%7.9%8.7%8.7%8.6%8.2%8.6%8.5%8.4%-
β0.530.550.430.460.600.610.640.650.670.430.360.30-
βの決定係数(R2)0.150.150.090.090.170.170.180.190.200.090.070.05-
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64,99067,59364,99763,09374,45671,91167,28764,21275,58079,38283,51982,648-
売上債権50,03238,56342,71549,00653,38641,13944,51349,56654,81841,15039,36145,196-
棚卸資産13,28915,04216,95118,15813,64317,14519,39020,23015,08617,70219,12719,345-
有価証券8,3008,3008,3008,3008,3008,30010,32712,97414,97715,48515,06314,859-
前払金-------------
繰延税金資産3,2213,8113,2633,4043,234--------
貸倒引当金-34-28-28-32-131-113-75-38-45-32-19-21-
流動資産142,346135,194138,543144,250151,824141,571143,687149,359162,712156,311159,869164,631-
固定資産
建物・構築物8,2128,0478,0687,9878,4478,3478,7118,5638,5208,1998,2128,162-
機械・運搬具3,9853,9254,3894,3944,4664,4564,8784,8064,7514,7274,9714,879-
土地3,5763,5733,5753,6273,6253,6254,1174,2484,2484,1014,4794,686-
建設仮勘定5625447196775126708108961,519875620918-
有形固定資産18,24718,02618,68918,60719,02419,26320,76320,67121,18020,01520,37420,661-
のれん2,6262,3623,3323,2753,2413,1082,4912,3291,5821,5071,4651,396-
無形固定資産4,7984,4105,4795,4294,8234,7334,0943,9133,1123,0773,0853,089-
投資有価証券46,79746,48147,75749,82745,91647,54543,32340,54539,53335,45834,34032,576-
繰延税金資産5395295335361,6271,7351,9312,6032,028----
貸倒引当金-384-395-418-454-469-508-548-576-619-655-690-720-
敷金および保証金-------------
投資その他の資産53,43853,03354,38856,53053,11554,88950,91448,67146,39242,46841,66038,865-
固定資産76,48475,47178,55780,56776,96378,88675,77273,25670,68565,56165,12062,615-
総資産218,831210,665217,101224,818228,787220,457219,459222,615233,398221,873224,989227,247-
 
負債
有利子負債合計7767478278341,0311,232833774891807766692-
仕入債務8,2798,0688,7169,6028,7068,8469,3669,4608,2768,1277,9408,077-
前受金-------------
未払法人税等4,6542,8294,0273,1524,4232,5074,0023,4234,9623,0014,0052,352-
繰延税金負債(固定)5,2245,1605,3355,8552,8122,8182,8593,4512,779----
負債65,01956,62657,54959,73762,53854,76456,46755,45560,74051,44049,80947,374-
 
純資産
資本金3,4503,4503,4503,4503,4503,4503,4503,4503,4503,4503,4503,450-
資本剰余金4,1834,1834,1834,1834,1834,1834,1834,1834,1834,1834,1834,183-
利益剰余金146,758148,187151,915155,843159,857160,773165,292169,690173,650174,266178,742183,124-
自己株式-12,259-12,148-11,763-11,763-11,763-14,543-19,762-19,762-19,762-19,762-19,762-19,762-
非支配株主持分-------------
純資産153,811154,039159,552165,080166,249165,693162,992167,160172,657170,432175,180179,872-
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22,5725,40310,72719,43925,3045,21211,58521,50926,8044,94610,88220,863-
減価償却費2,926-1,394-2,964-1,464-3,731-2,203--
のれん償却額593-217-439-230-396-91--
減損損失1,211-755339862-55211,110-40-
受取利息及び受取配当金-657--334--715--581--985--411--
売上債権の増減額-2,969-7,201--3,367-8,904--1,426-14,633--
棚卸資産の増減額-526--3,637--493--5,427--1,020--3,911--
仕入債務の増減額1,500--492-481--95--993--690--
営業CF22,350-6,418-20,007-7,272-20,089-11,969--
投資CF
有価証券の取得-1,0640-110-270-90-230-80-
有価証券の売却・償還7150206410301,08402,0000-
固定資産の購入-3,2050-2,0410-3,7010-2,4660-4,8040-2,3150-
固定資産の売却300020130470110-
貸付け-89--44--123--97--170--56--
貸付金の回収1-0-0-0-0-0--
投資CF7,039--7,618--8,062--3,981--5,072-182--
財務CF
短期借入金の純増減額-47--1-228--488--495--7--
長期借入れ-------------
長期借入金の返済-----1----570----
社債の発行-------------
社債の償還-------------
自己株式の取得-5,068------8,014--8,014----
自己株式の売却-------------
配当金の支払-4,343--2,368--4,818--2,764--5,333--3,128--
財務CF-9,162--2,035--4,285--11,351--14,581--3,232--
換算差額137--398--431--282--79--300--
その他
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
設備投資額3,36002,04106,41502,46606,07302,3150-
研究開発費--------7,110----
発行済株式総数78,947,063株78,975,063株79,072,663株79,072,663株79,072,663株78,752,363株78,163,163株78,163,163株78,163,163株78,163,163株78,163,163株78,163,163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3,033人---3,271人---3,435人----
売上/従業員(千円)51,685---51,201---48,923----
営利/従業員(千円)7,559---8,037---7,672----