通期売上(百万円)
売上5y CAGR・予想:1.3 %
通期利益(百万円)
営利5y CAGR・予想:-19.7 %
純利5y CAGR・実績:0.9 %
P/L
2017.122018.122019.122020.12E
売上1,463,5321,522,9041,518,0391,550,000
前期比114.1%104.1%99.7%102.1%
売上原価1,060,5901,103,1061,115,323-
売上総利益402,945419,797402,715-
%27.5%27.6%26.5%-
販管費283,298300,706302,179-
営業利益119,646120,555101,624120,000
前期比124.3%100.8%84.3%118.1%
%8.2%7.9%6.7%7.7%
受取利息および受取配当金----
持分法による投資利益-1,4631,088-
営業外収益15,24031,221--
支払利息----
持分法による投資損失----
営業外費用20,46223,373--
経常利益114,424128,40476,213-
固定資産売却益----
投資有価証券売却益----
特別利益----
固定資産売却損----
投資有価証券売却損----
減損損失----
特別損失----
税引前利益114,424128,40476,213-
法人税等35,12626,41220,698-
%30.7%20.6%27.2%-
当期純利益79,297101,99155,515-
非支配株主に帰属する当期純利益-12,39811,080-
親会社株主に帰属する当期純利益69,22589,59344,43469,000
前期比145.9%129.4%49.6%155.3%
%4.7%5.9%2.9%4.5%
 
EBITDA247,872242,223244,985-
EPS306.3円404.5円200.5円185.0円
BPS5,239.7円5,134.2円5,222.3円-
期初会社予想
2017.122018.122019.122020.12E
売上高(期初予)1,350,0001,550,0001,600,0001,550,000
対実績比108.4%98.3%94.9%-
営業利益(期初予)105,000130,000125,000120,000
対実績比113.9%92.7%81.3%-
純利益(期初予)66,00077,00078,00069,000
対実績比104.9%116.4%57.0%-
配当
ROEデュポン分解
β
マルチプル
2017.122018.122019.122020.12E
株価4,880円3,430円3,930円-
企業価値1,477,5071,174,5681,352,989-
時価総額1,118,274762,338870,749-
純有利子負債362,665346,379408,956-
PER(会予)17.5倍9.9倍21.2倍-
PBR1.0倍0.6倍0.8倍-
PER × PBR17.0倍6.4倍16.7倍-
EV/EBITDA(会予)6.2倍4.7倍6.0倍-
PSR(会予)0.8倍0.5倍0.6倍-
PCFR(会予)6.0倍3.7倍5.4倍-
配当金105.0円115.0円120.0円120.0円
配当利回り1.8%3.1%2.9%-
配当性向34.3%28.4%59.8%-
自己資本配当率1.2%2.2%2.3%-
ROE5.8%7.9%3.8%-
純利益率(再掲)4.7%5.9%2.9%-
総資産回転率0.7回0.7回0.7回-
財務レバレッジ1.9倍2.0倍2.0倍-
実質ROE5.6%7.7%3.7%-
ROIC5.1%5.9%4.8%-
ROA3.1%4.0%1.9%-
β1.101.261.38-
βの決定係数(R2)0.440.580.62-
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126,417123,503113,784-
売上債権263,305260,111264,102-
棚卸資産261,708277,014291,224-
有価証券----
前払金----
繰延税金資産----
貸倒引当金----
流動資産722,522733,196742,612-
固定資産
建物・構築物----
機械・運搬具----
土地----
建設仮勘定----
有形固定資産-1,108,9341,177,691-
のれん-89,076103,946-
無形固定資産-56,64569,964-
投資有価証券----
繰延税金資産-20,14021,297-
貸倒引当金----
敷金および保証金----
投資その他の資産----
固定資産1,506,0401,502,5801,592,802-
総資産2,228,5602,235,7762,335,415-
 
負債
有利子負債合計489,082469,882522,740-
仕入債務159,489156,5940-
前受金----
未払法人税等-8,7758,867-
繰延税金負債(固定)-34,98941,846-
負債938,665982,1721,052,778-
 
純資産
資本金90,87390,87390,873-
資本剰余金-94,36892,593-
利益剰余金735,653773,760811,589-
自己株式-43,629-28,821-28,468-
非支配株主持分105,860116,399125,538-
純資産1,289,9001,253,6041,282,636-
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-128,40476,213-
減価償却費128,226121,668143,361-
のれん償却額----
減損損失----
受取利息及び受取配当金--11,550-13,578-
売上債権の増減額----
棚卸資産の増減額--24,731-9,079-
仕入債務の増減額----
営業CF203,504189,287191,906-
投資CF
有価証券の取得000-
有価証券の売却・償還000-
固定資産の購入0-211,370-197,928-
固定資産の売却000-
貸付け----
貸付金の回収----
投資CF-209,560-194,450-182,636-
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----
社債の発行----
社債の償還----
自己株式の取得--21,521-15-
自己株式の売却----
配当金の支払--24,858-26,582-
財務CF-18,7208,657-17,284-
換算差額--6,407-1,704-
その他
2017.122018.122019.122020.12E
設備投資額0230,598207,661-
研究開発費43,91245,80047,450-
発行済株式総数225,973,749株221,496,409株221,570,711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53,224人54,101人55,598人-
売上/従業員(千円)27,49828,14927,304-
営利/従業員(千円)2,2482,2281,828-
四半期売上(百万円)
売上5y CAGR・予想:1.3 %
四半期利益(百万円)
営利5y CAGR・予想:-19.7 %
純利5y CAGR・実績:0.9 %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上1,063,9601,463,532372,460745,4991,126,1521,522,904361,615737,4891,123,7531,518,039357,504654,5451,350,000
前期比113.2%114.1%111.1%108.0%105.8%104.1%97.1%98.9%99.8%99.7%98.9%88.8%88.9%
売上原価774,0551,060,590270,106539,682816,6511,103,106267,241545,953825,8931,115,323262,458496,993-
売上総利益289,900402,945102,353205,816309,501419,79794,373191,536297,860402,71595,046157,551-
%27.2%27.5%27.5%27.6%27.5%27.6%26.1%26.0%26.5%26.5%26.6%24.1%-
販管費207,449283,29871,704145,512222,477300,70674,161150,705225,438302,17972,897137,390-
営業利益82,451119,64630,64960,30587,024120,55520,87041,48773,609101,62422,33420,57940,000
前期比132.7%124.3%137.9%122.4%105.5%100.8%68.1%68.8%84.6%84.3%107.0%49.6%39.4%
%7.7%8.2%8.2%8.1%7.7%7.9%5.8%5.6%6.6%6.7%6.2%3.1%3.0%
受取利息および受取配当金-------------
持分法による投資利益-----1,463658657-1,088185418-
営業外収益11,24115,2407,07513,71618,29231,2218,84213,52317,684----
支払利息-------------
持分法による投資損失-------------
営業外費用13,00120,4623,2819,08814,27823,3736,22512,45540,826----
経常利益80,689114,42434,44564,93391,038128,40423,48842,55650,46776,21315,94316,456-
固定資産売却益-------------
投資有価証券売却益-------------
特別利益-------------
固定資産売却損-------------
投資有価証券売却損-------------
減損損失-------------
特別損失-------------
税引前利益80,689114,42434,44564,93391,038128,40423,48842,55650,46776,21315,94316,456-
法人税等12,68835,1267,13311,81818,65726,4125,4766,22314,43620,6982,6033,193-
%15.7%30.7%20.7%18.2%20.5%20.6%23.3%14.6%28.6%27.2%16.3%19.4%-
当期純利益68,00079,29727,31153,11572,380101,99118,01136,33236,03155,51513,34013,262-
非支配株主に帰属する当期純利益-----12,3982,3914,045-11,080-1941,821-
親会社株主に帰属する当期純利益60,61169,22524,81348,12764,89089,59315,62032,28628,88344,43413,53411,440-
前期比184.2%145.9%124.2%128.2%107.1%129.4%63.0%67.1%44.5%49.6%86.6%35.4%-
%5.7%4.7%6.7%6.5%5.8%5.9%4.3%4.4%2.6%2.9%3.8%1.7%0.0%
 
EBITDA178,286247,87260,980121,296178,934242,22354,382110,947178,463244,98558,95292,778-
EPS302.1円306.3円396.4円397.0円403.1円404.5円200.6円200.6円200.5円200.5円200.5円200.5円0.0円
BPS5,013.9円5,239.7円5,006.5円5,132.6円5,298.5円5,134.2円5,205.8円5,143.5円5,003.1円5,222.3円4,842.7円4,934.1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)1,350,0001,350,0001,550,0001,550,0001,550,0001,550,0001,600,0001,600,0001,600,0001,600,0001,550,0001,550,0001,350,000
対実績比78.8%108.4%24.0%48.1%72.7%98.3%22.6%46.1%70.2%94.9%23.1%42.2%-
営業利益(期初予)105,000105,000130,000130,000130,000130,000125,000125,000125,000125,000120,000120,00040,000
対実績比78.5%113.9%23.6%46.4%66.9%92.7%16.7%33.2%58.9%81.3%18.6%17.1%-
純利益(期初予)66,00066,00077,00077,00077,00077,00078,00078,00078,00078,00069,00069,000-
対実績比91.8%104.9%32.2%62.5%84.3%116.4%20.0%41.4%37.0%57.0%19.6%16.6%-
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4,175円4,880円4,405円4,315円4,715円3,430円3,880円3,725円3,350円3,930円2,659円3,065円-
企業価値1,307,2851,477,5071,358,0791,339,2311,443,1801,174,5681,205,7851,287,4131,224,4811,352,989999,3891,123,965-
時価総額956,6811,118,274995,414975,1731,064,148762,338859,406825,156742,241870,749589,226679,243-
純有利子負債359,233362,665364,058379,032412,230346,379462,257493,990482,240408,956410,163444,722-
PER(会予)14.9倍17.5倍12.9倍12.7倍13.3倍9.9倍11.0倍10.6倍11.6倍21.2倍8.5倍--
PBR0.9倍1.0倍0.8倍0.9倍0.9倍0.6倍0.8倍0.7倍0.7倍0.8倍0.5倍0.6倍-
PER × PBR12.9倍17.0倍10.9倍10.9倍12.2倍6.4倍8.3倍7.6倍7.8倍16.7倍4.7倍--
EV/EBITDA(会予)5.5倍6.2倍5.3倍5.2倍5.5倍4.7倍4.9倍5.2倍5.4倍6.0倍3.8倍--
PSR(会予)0.7倍0.8倍0.6倍0.6倍0.7倍0.5倍0.5倍0.5倍0.5倍0.6倍0.4倍--
PCFR(会予)5.1倍6.0倍4.9倍4.8倍5.1倍3.7倍4.3倍4.1倍4.0倍5.4倍2.8倍4.7倍-
配当金-105.0円---115.0円---120.0円--0.0円
配当利回り2.2%1.8%2.4%2.4%2.2%3.1%3.0%3.1%3.4%2.9%4.5%3.9%-
配当性向-34.3%---28.4%---59.8%---
自己資本配当率1.3%1.2%2.3%2.2%2.2%2.2%2.3%2.3%2.4%2.3%2.5%2.4%-
ROE6.0%5.8%7.9%7.7%7.6%7.9%3.9%3.9%4.0%3.8%4.1%4.1%-
純利益率(再掲)5.7%4.7%6.7%6.5%5.8%5.9%4.3%4.4%2.6%2.9%3.8%1.7%-
総資産回転率0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.6回-
財務レバレッジ1.9倍1.9倍1.9倍1.9倍1.9倍2.0倍2.0倍2.0倍2.0倍2.0倍2.1倍2.3倍-
実質ROE5.9%5.6%7.7%7.5%7.3%7.7%3.8%3.8%3.9%3.7%4.0%4.0%-
ROIC5.2%5.1%5.8%5.6%5.4%5.9%4.6%4.6%4.7%4.8%4.9%4.2%-
ROA3.3%3.1%4.1%4.0%3.9%4.0%1.9%1.9%2.0%1.9%2.0%1.8%-
β1.011.101.131.111.161.261.261.271.311.381.361.37-
βの決定係数(R2)0.380.440.480.470.500.580.590.590.600.620.660.68-
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103,540126,417140,354129,884139,782123,503139,557125,343123,677113,784163,363382,594-
売上債権298,984263,305291,837297,707310,995260,111252,554254,401256,333264,102238,914217,501-
棚卸資産254,894261,708258,428263,842276,310277,014291,463290,549288,196291,224290,045293,591-
有価証券-------------
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産685,250722,522714,239724,037763,673733,196746,436739,902736,463742,612770,489980,090-
固定資産
建物・構築物-------------
機械・運搬具-------------
土地-------------
建設仮勘定-------------
有形固定資産-----1,108,9341,157,9811,158,6821,132,6651,177,6911,149,0921,185,095-
のれん-----89,07688,192116,775113,827103,946101,094101,893-
無形固定資産-----56,645144,405172,570167,65769,96466,94665,395-
投資有価証券-------------
繰延税金資産-----20,140---21,29726,48822,883-
貸倒引当金-------------
敷金および保証金-------------
投資その他の資産-------------
固定資産1,444,4301,506,0401,460,6701,489,4401,529,2801,502,5801,556,5911,575,0701,524,5091,592,8021,505,7881,554,899-
総資産2,129,6802,228,5602,174,9102,213,4802,292,9602,235,7762,303,0282,314,9722,260,9732,335,4152,276,2772,534,990-
 
負債
有利子負債合計462,773489,082504,412508,916552,012469,882601,814619,333605,917522,740573,526827,316-
仕入債務144,742159,489141,955142,298153,423156,594144,090143,611142,519000-
前受金-------------
未払法人税等-----8,775---8,8676,6756,284-
繰延税金負債(固定)-----34,989---41,84628,90327,662-
負債880,363938,665936,844947,2691,001,840982,1721,031,1571,058,7281,033,3071,052,7781,081,7861,317,852-
 
純資産
資本金90,87390,87390,87390,87390,87390,87390,87390,87390,87390,87390,87390,873-
資本剰余金-----94,368---92,59392,58794,262-
利益剰余金724,736735,653734,524760,437767,394773,760776,282795,367787,896811,589812,265810,129-
自己株式-28,720-43,629-28,356-29,803-46,282-28,821-28,719-28,567-28,497-28,468-28,346-28,246-
非支配株主持分100,358105,860106,631107,819113,493116,399118,685116,713119,163125,538121,371123,678-
純資産1,249,3201,289,9001,238,0701,266,2101,291,1201,253,6041,271,8701,256,2441,227,6651,282,6361,194,4911,217,137-
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-----128,40423,48842,556-76,21315,94316,456-
減価償却費95,835128,22630,33160,99191,910121,66833,51269,460104,854143,36136,61872,199-
のれん償却額-------------
減損損失-------------
受取利息及び受取配当金------11,550-2,362-6,516--13,578-1,175-3,277-
売上債権の増減額-------------
棚卸資産の増減額------24,731-8,707-10,269--9,079-8,325-8,708-
仕入債務の増減額-------------
営業CF130,070203,50439,70180,439121,659189,28755,834102,024154,147191,90664,355111,453-
投資CF
有価証券の取得000000000000-
有価証券の売却・償還000000000000-
固定資産の購入00000-211,370-87,682-184,220-143,712-197,928-36,697-85,056-
固定資産の売却000000000000-
貸付け-------------
貸付金の回収-------------
投資CF-156,356-209,560-34,890-78,293-119,269-194,450-47,885-121,167-151,192-182,636-49,389-104,434-
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-------------
社債の発行-------------
社債の償還-------------
自己株式の取得------21,521-3-7--15-4-6-
自己株式の売却-------------
配当金の支払------24,858-13,289-13,289--26,582-13,294-13,294-
財務CF-18,694-18,72013,7787,36515,2178,6577,31523,5161,747-17,28440,806266,256-
換算差額------6,407788-2,532--1,704-6,193-4,465-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額00000230,59843,84192,110143,712207,66136,69785,056-
研究開発費31,62143,91210,50021,69733,81045,80011,10822,94534,90947,450---
発行済株式総数229,154,419株225,973,749株225,995,998株225,694,165株222,256,011株221,496,409株221,518,314株221,549,686株221,564,603株221,570,711株221,597,008株221,612,739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-53,224人---54,101人---55,598人---
売上/従業員(千円)-27,498---28,149---27,304---
営利/従業員(千円)-2,248---2,228---1,828---
四半期売上(百万円)
売上5y CAGR・予想:1.3 %
四半期利益(百万円)
営利5y CAGR・予想:-19.7 %
純利5y CAGR・実績:0.9 %
P/L
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
売上373,971399,572372,460373,039380,653396,752361,615375,874386,264394,286357,504297,0411,350,000
前期比118.7%116.6%111.1%105.2%101.8%99.3%97.1%100.8%101.5%99.4%98.9%79.0%88.9%
売上原価269,820286,535270,106269,576276,969286,455267,241278,712279,940289,430262,458234,535-
売上総利益104,147113,045102,353103,463103,685110,29694,37397,163106,324104,85595,04662,505-
%27.8%28.3%27.5%27.7%27.2%27.8%26.1%25.8%27.5%26.6%26.6%21.0%-
販管費70,98275,84971,70473,80876,96578,22974,16176,54474,73376,74172,89764,493-
営業利益33,16537,19530,64929,65626,71933,53120,87020,61732,12228,01522,334-1,75540,000
前期比148.9%108.9%137.9%109.6%80.6%90.1%68.1%69.5%120.2%83.5%107.0%-8.5%39.4%
%8.9%9.3%8.2%7.9%7.0%8.5%5.8%5.5%8.3%7.1%6.2%-0.6%3.0%
受取利息および受取配当金00-000-000-0-
持分法による投資利益00-001,463658-1-6571,088185233-
営業外収益5,0763,9997,0756,6414,57612,9298,8424,6814,161-17,684-0-
支払利息00-000-000-0-
持分法による投資損失00-000-000-0-
営業外費用6,4127,4613,2815,8075,1909,0956,2256,23028,371-40,826-0-
経常利益31,82933,73534,44530,48826,10537,36623,48819,0687,91125,74615,943513-
固定資産売却益00-000-000-0-
投資有価証券売却益00-000-000-0-
特別利益00-000-000-0-
固定資産売却損00-000-000-0-
投資有価証券売却損00-000-000-0-
減損損失00-000-000-0-
特別損失00-000-000-0-
税引前利益31,82933,73534,44530,48826,10537,36623,48819,0687,91125,74615,943513-
法人税等6,13022,4387,1334,6856,8397,7555,4767478,2136,2622,603590-
%19.3%66.5%20.7%15.4%26.2%20.8%23.3%3.9%103.8%24.3%16.3%115.0%-
当期純利益25,69911,29727,31125,80419,26529,61118,01118,321-30119,48413,340-78-
非支配株主に帰属する当期純利益00-0012,3982,3911,654-4,04511,080-1942,015-
親会社株主に帰属する当期純利益23,0718,61424,81323,31416,76324,70315,62016,666-3,40315,55113,534-2,094-
前期比392.3%59.3%124.2%132.7%72.7%286.8%63.0%71.5%-20.3%63.0%86.6%-12.6%-
%6.2%2.2%6.7%6.2%4.4%6.2%4.3%4.4%-0.9%3.9%3.8%-0.7%0.0%
 
EBITDA178,286247,87260,980121,296178,934242,22354,382110,947178,463244,98558,95292,778-
EPS302.1円306.3円396.4円397.0円403.1円404.5円200.6円200.6円200.5円200.5円200.5円200.5円0.0円
BPS5,013.9円5,239.7円5,006.5円5,132.6円5,298.5円5,134.2円5,205.8円5,143.5円5,003.1円5,222.3円4,842.7円4,934.1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)1,350,0001,350,0001,550,0001,550,0001,550,0001,550,0001,600,0001,600,0001,600,0001,600,0001,550,0001,550,0001,350,000
対実績比78.8%108.4%24.0%48.1%72.7%98.3%22.6%46.1%70.2%94.9%23.1%42.2%-
営業利益(期初予)105,000105,000130,000130,000130,000130,000125,000125,000125,000125,000120,000120,00040,000
対実績比78.5%113.9%23.6%46.4%66.9%92.7%16.7%33.2%58.9%81.3%18.6%17.1%-
純利益(期初予)66,00066,00077,00077,00077,00077,00078,00078,00078,00078,00069,00069,000-
対実績比91.8%104.9%32.2%62.5%84.3%116.4%20.0%41.4%37.0%57.0%19.6%16.6%-
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4,175円4,880円4,405円4,315円4,715円3,430円3,880円3,725円3,350円3,930円2,659円3,065円-
企業価値1,307,2851,477,5071,358,0791,339,2311,443,1801,174,5681,205,7851,287,4131,224,4811,352,989999,3891,123,965-
時価総額956,6811,118,274995,414975,1731,064,148762,338859,406825,156742,241870,749589,226679,243-
純有利子負債359,233362,665364,058379,032412,230346,379462,257493,990482,240408,956410,163444,722-
PER(会予)14.9倍17.5倍12.9倍12.7倍13.3倍9.9倍11.0倍10.6倍11.6倍21.2倍8.5倍--
PBR0.9倍1.0倍0.8倍0.9倍0.9倍0.6倍0.8倍0.7倍0.7倍0.8倍0.5倍0.6倍-
PER × PBR12.9倍17.0倍10.9倍10.9倍12.2倍6.4倍8.3倍7.6倍7.8倍16.7倍4.7倍--
EV/EBITDA(会予)5.5倍6.2倍5.3倍5.2倍5.5倍4.7倍4.9倍5.2倍5.4倍6.0倍3.8倍--
PSR(会予)0.7倍0.8倍0.6倍0.6倍0.7倍0.5倍0.5倍0.5倍0.5倍0.6倍0.4倍--
PCFR(会予)5.1倍6.0倍4.9倍4.8倍5.1倍3.7倍4.3倍4.1倍4.0倍5.4倍2.8倍4.7倍-
配当金-105.0円---115.0円---120.0円--0.0円
配当利回り2.2%1.8%2.4%2.4%2.2%3.1%3.0%3.1%3.4%2.9%4.5%3.9%-
配当性向-34.3%---28.4%---59.8%---
自己資本配当率1.3%1.2%2.3%2.2%2.2%2.2%2.3%2.3%2.4%2.3%2.5%2.4%-
ROE6.0%5.8%7.9%7.7%7.6%7.9%3.9%3.9%4.0%3.8%4.1%4.1%-
純利益率(再掲)5.7%4.7%6.7%6.5%5.8%5.9%4.3%4.4%2.6%2.9%3.8%1.7%-
総資産回転率0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.7回0.6回-
財務レバレッジ1.9倍1.9倍1.9倍1.9倍1.9倍2.0倍2.0倍2.0倍2.0倍2.0倍2.1倍2.3倍-
実質ROE5.9%5.6%7.7%7.5%7.3%7.7%3.8%3.8%3.9%3.7%4.0%4.0%-
ROIC5.2%5.1%5.8%5.6%5.4%5.9%4.6%4.6%4.7%4.8%4.9%4.2%-
ROA3.3%3.1%4.1%4.0%3.9%4.0%1.9%1.9%2.0%1.9%2.0%1.8%-
β1.011.101.131.111.161.261.261.271.311.381.361.37-
βの決定係数(R2)0.380.440.480.470.500.580.590.590.600.620.660.68-
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103,540126,417140,354129,884139,782123,503139,557125,343123,677113,784163,363382,594-
売上債権298,984263,305291,837297,707310,995260,111252,554254,401256,333264,102238,914217,501-
棚卸資産254,894261,708258,428263,842276,310277,014291,463290,549288,196291,224290,045293,591-
有価証券-------------
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産685,250722,522714,239724,037763,673733,196746,436739,902736,463742,612770,489980,090-
固定資産
建物・構築物-------------
機械・運搬具-------------
土地-------------
建設仮勘定-------------
有形固定資産-----1,108,9341,157,9811,158,6821,132,6651,177,6911,149,0921,185,095-
のれん-----89,07688,192116,775113,827103,946101,094101,893-
無形固定資産-----56,645144,405172,570167,65769,96466,94665,395-
投資有価証券-------------
繰延税金資産-----20,140---21,29726,48822,883-
貸倒引当金-------------
敷金および保証金-------------
投資その他の資産-------------
固定資産1,444,4301,506,0401,460,6701,489,4401,529,2801,502,5801,556,5911,575,0701,524,5091,592,8021,505,7881,554,899-
総資産2,129,6802,228,5602,174,9102,213,4802,292,9602,235,7762,303,0282,314,9722,260,9732,335,4152,276,2772,534,990-
 
負債
有利子負債合計462,773489,082504,412508,916552,012469,882601,814619,333605,917522,740573,526827,316-
仕入債務144,742159,489141,955142,298153,423156,594144,090143,611142,519000-
前受金-------------
未払法人税等-----8,775---8,8676,6756,284-
繰延税金負債(固定)-----34,989---41,84628,90327,662-
負債880,363938,665936,844947,2691,001,840982,1721,031,1571,058,7281,033,3071,052,7781,081,7861,317,852-
 
純資産
資本金90,87390,87390,87390,87390,87390,87390,87390,87390,87390,87390,87390,873-
資本剰余金-----94,368---92,59392,58794,262-
利益剰余金724,736735,653734,524760,437767,394773,760776,282795,367787,896811,589812,265810,129-
自己株式-28,720-43,629-28,356-29,803-46,282-28,821-28,719-28,567-28,497-28,468-28,346-28,246-
非支配株主持分100,358105,860106,631107,819113,493116,399118,685116,713119,163125,538121,371123,678-
純資産1,249,3201,289,9001,238,0701,266,2101,291,1201,253,6041,271,8701,256,2441,227,6651,282,6361,194,4911,217,137-
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-----128,40423,48842,556-76,21315,94316,456-
減価償却費95,835128,22630,33160,99191,910121,66833,51269,460104,854143,36136,61872,199-
のれん償却額-------------
減損損失00-000-000-0-
受取利息及び受取配当金------11,550-2,362-6,516--13,578-1,175-3,277-
売上債権の増減額-------------
棚卸資産の増減額------24,731-8,707-10,269--9,079-8,325-8,708-
仕入債務の増減額-------------
営業CF130,070203,50439,70180,439121,659189,28755,834102,024154,147191,90664,355111,453-
投資CF
有価証券の取得000000000000-
有価証券の売却・償還000000000000-
固定資産の購入00000-211,370-87,682-184,220-143,712-197,928-36,697-85,056-
固定資産の売却000000000000-
貸付け-------------
貸付金の回収-------------
投資CF-156,356-209,560-34,890-78,293-119,269-194,450-47,885-121,167-151,192-182,636-49,389-104,434-
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-------------
社債の発行-------------
社債の償還-------------
自己株式の取得------21,521-3-7--15-4-6-
自己株式の売却-------------
配当金の支払------24,858-13,289-13,289--26,582-13,294-13,294-
財務CF-18,694-18,72013,7787,36515,2178,6577,31523,5161,747-17,28440,806266,256-
換算差額------6,407788-2,532--1,704-6,193-4,465-
その他
17.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q4E
設備投資額00000230,59843,84192,110143,712207,66136,69785,056-
研究開発費31,62143,91210,50021,69733,81045,80011,10822,94534,90947,450---
発行済株式総数229,154,419株225,973,749株225,995,998株225,694,165株222,256,011株221,496,409株221,518,314株221,549,686株221,564,603株221,570,711株221,597,008株221,612,739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-53,224人---54,101人---55,598人---
売上/従業員(千円)-27,498---28,149---27,304---
営利/従業員(千円)-2,248---2,228---1,828---