通期売上(百万円)
売上5y CAGR・予想:2.3 %
通期利益(百万円)
営利5y CAGR・予想:-3.4 %
純利5y CAGR・予想:-9.4 %
P/L
2018.32019.32020.32021.3E
売上871,113916,071884,350876,000
前期比109.1%105.2%96.5%99.1%
売上原価664,996712,660689,321-
売上総利益206,117203,411195,029-
%23.7%22.2%22.1%-
販管費140,987137,398134,020-
営業利益65,12966,01261,00855,000
前期比103.0%101.4%92.4%90.2%
%7.5%7.2%6.9%6.3%
受取利息および受取配当金1,9691,8591,807-
持分法による投資利益3,1962,2882,427-
営業外収益8,3787,6918,075-
支払利息4,6394,0683,876-
持分法による投資損失----
営業外費用9,1419,3978,541-
経常利益64,36664,30660,54154,500
固定資産売却益----
投資有価証券売却益92532205-
特別利益1,6161,9173,838-
固定資産売却損----
投資有価証券売却損1,356326222-
減損損失5771,1015,451-
特別損失7,3417,04912,602-
税引前利益58,64259,17451,777-
法人税等17,55713,55710,923-
%29.9%22.9%21.1%-
当期純利益41,08545,61640,854-
非支配株主に帰属する当期純利益2,5592,1641,703-
親会社株主に帰属する当期純利益38,52543,45239,15132,000
前期比80.9%112.8%90.1%81.7%
%4.4%4.7%4.4%3.7%
 
EBITDA111,629110,510109,960-
EPS311.3円355.0円319.9円326.8円
BPS3,193.6円3,388.4円3,567.6円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)853,000888,000936,000876,000
対実績比102.1%103.2%94.5%-
営業利益(期初予)65,00068,00071,00055,000
対実績比100.2%97.1%85.9%-
純利益(期初予)35,00042,00045,00032,000
対実績比110.1%103.5%87.0%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価3,865円3,690円1,850円-
企業価値733,643692,148458,910-
時価総額478,373456,579226,440-
純有利子負債253,684240,669232,470-
PER(会予)12.6倍10.9倍5.7倍-
PBR1.2倍1.1倍0.5倍-
PER × PBR15.5倍11.9倍2.9倍-
EV/EBITDA(会予)6.4倍6.0倍4.2倍-
PSR(会予)0.6倍0.5倍0.3倍-
PCFR(会予)5.6倍5.2倍2.5倍-
配当金330.0円80.0円60.0円60.0円
配当利回り1.6%8.9%3.2%-
配当性向106.0%22.5%18.8%-
自己資本配当率1.9%2.4%1.7%-
ROE9.7%10.5%9.0%-
純利益率(再掲)4.4%4.7%4.4%-
総資産回転率0.9回0.9回0.9回-
財務レバレッジ2.6倍2.5倍2.4倍-
実質ROE9.5%10.1%8.6%-
ROIC6.8%7.4%6.9%-
ROA3.8%4.2%3.8%-
β1.111.151.33-
βの決定係数(R2)0.320.380.54-
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
2018.32019.32020.32021.3E
流動資産
現金53,76656,56151,641-
売上債権182,272180,535159,048-
棚卸資産73,33776,72078,282-
有価証券----
前払金----
繰延税金資産7,320---
貸倒引当金-1,116-646-1,302-
流動資産333,275341,307318,502-
固定資産
建物・構築物473,841483,443490,824-
機械・運搬具874,397886,495919,556-
土地158,057157,638164,869-
建設仮勘定32,64748,67830,665-
有形固定資産505,438520,939544,553-
のれん777321179-
無形固定資産33,03830,87529,814-
投資有価証券86,83483,69282,931-
繰延税金資産17,48417,109--
貸倒引当金-8,539-7,432-6,327-
敷金および保証金----
投資その他の資産148,360141,306140,053-
固定資産686,836693,120714,420-
総資産1,020,1111,034,4281,032,923-
 
負債
有利子負債合計307,450297,230284,111-
仕入債務91,11396,27583,430-
前受金----
未払法人税等6,4168,3766,024-
繰延税金負債(固定)8,0247,630--
負債587,785583,783559,682-
 
純資産
資本金86,17486,17486,174-
資本剰余金60,33960,40860,233-
利益剰余金260,016294,265326,086-
自己株式-10,947-16,081-16,098-
非支配株主持分37,05835,93536,563-
純資産432,326450,645473,241-
キャッシュフロー(百万円)
C/S
2018.32019.32020.32021.3E
営業CF
税金等調整前当期純利益58,64259,17451,777-
減価償却費44,00344,00848,863-
のれん償却額2,49749089-
減損損失5771,1015,451-
受取利息及び受取配当金-1,969-1,860-1,808-
売上債権の増減額-21,864-2,72820,800-
棚卸資産の増減額1,859-4,207-1,661-
仕入債務の増減額16,4059,577-16,151-
営業CF107,68397,28390,902-
投資CF
有価証券の取得-121-43-539-
有価証券の売却・償還1,1571,132393-
固定資産の購入-52,588-64,520-66,378-
固定資産の売却2,8122,2081,367-
貸付け----
貸付金の回収----
投資CF-48,460-58,025-65,534-
財務CF
短期借入金の純増減額-14,3231,509200-
長期借入れ16,65957,12744,663-
長期借入金の返済-41,802-75,721-56,077-
社債の発行-20,000--
社債の償還-11,120-15,035-10,000-
自己株式の取得-102-5,026-22-
自己株式の売却1,123094-
配当金の支払-7,423-9,909-7,350-
財務CF-65,818-33,753-29,436-
換算差額-459-543-301-
その他
2018.32019.32020.32021.3E
設備投資額58,08767,79677,677-
研究開発費-4,3114,431-
発行済株式総数123,766,957株122,390,364株122,399,986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
2018.32019.32020.32021.3E
従業員数13,055人13,083人13,119人-
売上/従業員(千円)66,72670,02067,410-
営利/従業員(千円)4,9895,0464,650-
四半期売上(百万円)
売上5y CAGR・予想:2.3 %
四半期利益(百万円)
営利5y CAGR・予想:-3.4 %
純利5y CAGR・予想:-9.4 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上421,937653,058871,113211,336438,700692,554916,071206,868431,389662,992884,350200,560876,000
前期比111.9%110.3%109.1%105.9%104.0%106.0%105.2%97.9%98.3%95.7%96.5%97.0%99.1%
売上原価324,498498,415664,996166,878342,391537,810712,660167,554342,745520,094689,321162,517-
売上総利益97,439154,642206,11744,45896,309154,743203,41139,31388,643142,897195,02938,043-
%23.1%23.7%23.7%21.0%22.0%22.3%22.2%19.0%20.5%21.6%22.1%19.0%-
販管費70,005105,959140,98734,70268,924105,018137,39833,31766,179100,741134,02031,019-
営業利益27,43348,68365,1299,75527,38449,72466,0125,99622,46342,15661,0087,02355,000
前期比127.8%110.1%103.0%110.3%99.8%102.1%101.4%61.5%82.0%84.8%92.4%117.1%90.2%
%6.5%7.5%7.5%4.6%6.2%7.2%7.2%2.9%5.2%6.4%6.9%3.5%6.3%
受取利息および受取配当金9281,2191,9696061,0011,3951,8596621,0621,3891,807682-
持分法による投資利益2,0533,0963,1964841,2972,5032,2886231,5032,6902,427287-
営業外収益4,4456,5088,3781,8823,5756,1327,6911,8743,8966,4048,0751,677-
支払利息2,3943,5294,6391,0781,9532,9894,0689842,0232,9683,876887-
持分法による投資損失-------------
営業外費用3,8095,5559,1411,6503,8526,7459,3971,6343,8896,1558,5411,564-
経常利益28,06949,63564,3669,98727,10749,11164,3066,23522,47042,40560,5417,13654,500
固定資産売却益-------------
投資有価証券売却益76929246464695327878169205--
特別利益9031,3691,6161164781,1351,9172,9633,3903,5953,83890-
固定資産売却損-------------
投資有価証券売却損--1,356---326---222--
減損損失--577---1,101---5,451--
特別損失1,4382,0327,3415741,7042,2767,0498362,1273,19612,6021,408-
税引前利益27,53448,97258,6429,52925,88147,96959,1748,36323,73342,80451,7775,819-
法人税等9,43414,59817,5573,0897,48412,30713,5572,6936,60910,97210,9232,221-
%34.3%29.8%29.9%32.4%28.9%25.7%22.9%32.2%27.8%25.6%21.1%38.2%-
当期純利益18,09934,37341,0856,44018,39735,66245,6165,66917,12431,83240,8543,597-
非支配株主に帰属する当期純利益1,1711,8422,5593081,0581,5852,164559221,2901,703329-
親会社株主に帰属する当期純利益16,92832,53138,5256,13217,33834,07743,4525,61416,20230,54139,1513,26732,000
前期比40.2%57.0%80.9%132.4%102.4%104.8%112.8%91.6%93.4%89.6%90.1%58.2%81.7%
%4.0%5.0%4.4%2.9%4.0%4.9%4.7%2.7%3.8%4.6%4.4%1.6%3.7%
 
EBITDA50,03248,683111,6299,75548,90349,724110,5105,99645,14842,156109,9607,023-
EPS311.2円311.3円311.3円351.2円351.2円351.2円355.0円319.9円319.9円319.9円319.9円324.0円264.8円
BPS3,006.6円3,131.1円3,193.6円3,162.6円3,283.6円3,359.2円3,388.4円3,401.9円3,455.4円3,566.4円3,567.6円3,582.0円-
期初会社予想
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上高(期初予)853,000853,000853,000888,000888,000888,000888,000936,000936,000936,000936,000876,000876,000
対実績比49.5%76.6%102.1%23.8%49.4%78.0%103.2%22.1%46.1%70.8%94.5%22.9%-
営業利益(期初予)65,00065,00065,00068,00068,00068,00068,00071,00071,00071,00071,00055,00055,000
対実績比42.2%74.9%100.2%14.3%40.3%73.1%97.1%8.4%31.6%59.4%85.9%12.8%-
純利益(期初予)35,00035,00035,00042,00042,00042,00042,00045,00045,00045,00045,00032,00032,000
対実績比48.4%92.9%110.1%14.6%41.3%81.1%103.5%12.5%36.0%67.9%87.0%10.2%-
配当
ROEデュポン分解
β
マルチプル
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
株価4,345円4,865円3,865円3,645円3,565円3,395円3,690円3,260円2,891円3,215円1,850円2,492円-
企業価値815,134862,777733,643704,815679,845651,636692,148639,662581,710621,363458,910520,652-
時価総額537,858602,208478,373451,131441,132420,082456,579398,993353,821393,474226,440301,160-
純有利子負債260,569255,270253,684238,713231,554235,569240,669228,317227,889230,257232,470219,492-
PER(会予)15.4倍15.8倍12.6倍10.7倍10.5倍10.0倍10.9倍8.9倍7.9倍9.4倍5.7倍9.4倍-
PBR1.5倍1.6倍1.2倍1.1倍1.1倍1.0倍1.1倍1.0倍0.8倍0.9倍0.5倍0.7倍-
PER × PBR23.0倍25.6倍15.5倍12.3倍11.8倍10.3倍11.9倍8.5倍6.6倍8.7倍2.9倍6.5倍-
EV/EBITDA(会予)7.3倍7.6倍6.4倍6.2倍5.9倍5.7倍6.0倍5.5倍5.0倍5.7倍4.2倍5.0倍-
PSR(会予)0.6倍0.7倍0.6倍0.5倍0.5倍0.5倍0.5倍0.4倍0.4倍0.4倍0.3倍0.3倍-
PCFR(会予)6.6倍7.1倍5.6倍5.1倍5.0倍4.7倍5.2倍4.5倍4.0倍4.5倍2.5倍3.7倍-
配当金--330.0円---80.0円---60.0円-60.0円
配当利回り1.4%1.2%1.6%9.1%9.3%9.7%8.9%2.5%2.8%2.5%3.2%2.4%-
配当性向--106.0%---22.5%---18.8%--
自己資本配当率2.0%1.9%1.9%2.5%2.4%2.4%2.4%1.8%1.7%1.7%1.7%1.7%-
ROE10.4%9.9%9.7%11.1%10.7%10.5%10.5%9.4%9.3%9.0%9.0%9.0%-
純利益率(再掲)4.0%5.0%4.4%2.9%4.0%4.9%4.7%2.7%3.8%4.6%4.4%1.6%-
総資産回転率0.9回0.8回0.9回0.9回0.9回0.9回0.9回0.9回0.9回0.8回0.9回0.8回-
財務レバレッジ2.7倍2.7倍2.6倍2.6倍2.5倍2.5倍2.5倍2.5倍2.4倍2.4倍2.4倍2.4倍-
実質ROE10.1%9.7%9.5%10.8%10.4%10.2%10.1%9.1%8.9%8.7%8.6%8.6%-
ROIC6.9%6.7%6.8%7.6%7.6%7.4%7.4%7.1%7.2%6.9%6.9%6.8%-
ROA3.8%3.7%3.8%4.3%4.2%4.1%4.2%3.8%3.9%3.7%3.8%3.7%-
β1.140.971.111.131.141.141.151.131.191.251.331.41-
βの決定係数(R2)0.320.250.320.330.340.380.380.370.420.460.540.59-
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.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
流動資産
現金58,62862,15553,76658,89156,19360,14856,56157,30448,62954,17251,64179,256-
売上債権187,489196,555182,272174,656178,259193,169180,535166,965158,268174,858159,048144,828-
棚卸資産74,73874,06173,33775,02475,96777,58676,72080,28378,31280,60078,28282,088-
有価証券-------------
前払金-------------
繰延税金資産--7,320----------
貸倒引当金-1,116-1,117-1,116-736-771-649-646-642-605-615-1,302-1,307-
流動資産342,910357,635333,275333,231335,923359,768341,307334,049313,585341,608318,502337,364-
固定資産
建物・構築物133,775133,536473,841131,923133,213134,533483,443134,219133,490137,363490,824137,769-
機械・運搬具129,933133,063874,397128,856132,379132,974886,495134,481133,219153,105919,556162,949-
土地159,063158,719158,057156,416157,729158,634157,638157,781157,680157,866164,869165,585-
建設仮勘定--32,647---48,678---30,665--
有形固定資産494,912501,382505,438504,265513,844519,946520,939528,091530,627536,129544,553544,151-
のれん1,9621,387777335348321321285247212179208-
無形固定資産35,06933,98233,03831,39931,17431,04830,87529,91829,77829,61029,81429,716-
投資有価証券86,66891,16086,83487,88988,53683,41183,69283,15883,39489,31782,93185,072-
繰延税金資産--17,484---17,109------
貸倒引当金-8,407-8,385-8,539-8,680-8,579-7,564-7,432-7,420-7,397-7,367-6,327-6,296-
敷金および保証金-------------
投資その他の資産148,397146,934148,360147,756148,765144,128141,306140,970142,067146,425140,053140,819-
固定資産678,379682,298686,836683,421693,784695,122693,120698,980702,473712,166714,420714,687-
総資産1,021,2901,039,9341,020,1111,016,6521,029,7081,054,8901,034,4281,033,0291,016,0581,053,7741,032,9231,052,051-
 
負債
有利子負債合計319,197317,425307,450297,604287,747295,717297,230285,621276,518284,429284,111298,748-
仕入債務86,72899,57491,11388,07390,867101,41896,27590,58580,31391,41983,43075,893-
前受金-------------
未払法人税等9,10510,8196,4163,6817,3577,8318,3762,9755,6664,4406,0242,510-
繰延税金負債(固定)--8,024---7,630------
負債612,892615,337587,785589,369587,768602,955583,783580,955557,425581,012559,682582,778-
 
純資産
資本金86,17486,17486,17486,17486,17486,17486,17486,17486,17486,17486,17486,174-
資本剰余金60,27260,30560,33960,33960,40560,40860,40860,42060,41960,42460,23360,282-
利益剰余金242,135254,021260,016262,432273,638284,184294,265296,164306,746317,416326,086325,677-
自己株式-10,870-10,932-10,947-11,050-11,069-11,073-16,081-16,086-16,092-16,098-16,098-20,006-
非支配株主持分36,23137,05937,05835,94935,64336,28835,93535,71835,73336,29036,56336,389-
純資産408,397424,596432,326427,283441,940451,935450,645452,074458,632472,762473,241469,273-
キャッシュフロー(百万円)
C/S
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
営業CF
税金等調整前当期純利益27,53448,97258,6429,52925,88147,96959,1748,36323,73342,80451,7775,819-
減価償却費21,328-44,003-21,072-44,008-22,642-48,863--
のれん償却額1,271-2,497-447-490-43-89--
減損損失--577---1,101---5,451--
受取利息及び受取配当金-929--1,969--1,001--1,860--1,062--1,808--
売上債権の増減額-16,527--21,864-313--2,728-21,274-20,800--
棚卸資産の増減額-482-1,859--4,054--4,207--3,422--1,661--
仕入債務の増減額7,586-16,405-2,681-9,577--19,444--16,151--
営業CF48,465-107,683-44,085-97,283-35,566-90,902--
投資CF
有価証券の取得-1060-1210-1080-430-780-5390-
有価証券の売却・償還66501,157019101,132024503930-
固定資産の購入-23,4760-52,5880-33,9280-64,5200-34,0940-66,3780-
固定資産の売却1,80502,812062802,208087401,3670-
貸付け-------------
貸付金の回収-------------
投資CF-23,165--48,460--32,117--58,025--33,178--65,534--
財務CF
短期借入金の純増減額-535--14,323-6,342-1,509-4,151-200--
長期借入れ6,236-16,659-11,615-57,127-16,290-44,663--
長期借入金の返済-22,439--41,802--35,861--75,721--29,507--56,077--
社債の発行------20,000------
社債の償還-10,085--11,120--15,035--15,035--10,000--10,000--
自己株式の取得-24--102--13--5,026--11--22--
自己株式の売却1,121-1,123---0---94--
配当金の支払-3,707--7,423--3,715--9,909--3,681--7,350--
財務CF-26,521--65,818--8,744--33,753--9,978--29,436--
換算差額-636--459--522--543--352--301--
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額--58,087---67,796---77,677--
研究開発費------4,311---4,431--
発行済株式総数123,783,805株123,770,406株123,766,957株123,739,594株123,735,390株123,734,059株122,390,364株122,388,970株122,386,965株122,385,298株122,399,986株120,850,906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.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
従業員数--13,055人---13,083人---13,119人--
売上/従業員(千円)--66,726---70,020---67,410--
営利/従業員(千円)--4,989---5,046---4,650--
四半期売上(百万円)
売上5y CAGR・予想:2.3 %
四半期利益(百万円)
営利5y CAGR・予想:-3.4 %
純利5y CAGR・予想:-9.4 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上222,324231,121218,055211,336227,364253,854223,517206,868224,521231,603221,358200,560876,000
前期比110.3%107.4%105.7%105.9%102.3%109.8%102.5%97.9%98.7%91.2%99.0%97.0%99.1%
売上原価168,634173,917166,581166,878175,513195,419174,850167,554175,191177,349169,227162,517-
売上総利益53,69057,20351,47544,45851,85158,43448,66839,31349,33054,25452,13238,043-
%24.1%24.8%23.6%21.0%22.8%23.0%21.8%19.0%22.0%23.4%23.6%19.0%-
販管費35,10535,95435,02834,70234,22236,09432,38033,31732,86234,56233,27931,019-
営業利益18,58521,25016,4469,75517,62922,34016,2885,99616,46719,69318,8527,02355,000
前期比114.5%93.3%86.6%110.3%94.9%105.1%99.0%61.5%93.4%88.2%115.7%117.1%90.2%
%8.4%9.2%7.5%4.6%7.8%8.8%7.3%2.9%7.3%8.5%8.5%3.5%6.3%
受取利息および受取配当金000606000662000682-
持分法による投資利益1,1841,0431004848131,206-2156238801,187-263287-
営業外収益2,5522,0631,8701,8821,6932,5571,5591,8742,0222,5081,6711,677-
支払利息1,1821,1351,1101,0788751,0361,0799841,039945908887-
持分法による投資損失000-000-000--
営業外費用1,8211,7463,5861,6502,2022,8932,6521,6342,2552,2662,3861,564-
経常利益19,31721,56614,7319,98717,12022,00415,1956,23516,23519,93518,1367,13654,500
固定資産売却益000-000-000--
投資有価証券売却益76160460423637809136--
特別利益6154662471163626577822,96342720524390-
固定資産売却損000-000-000--
投資有価証券売却損001,356-00326-00222--
減損損失00577-001,101-005,451--
特別損失6495945,3095741,1305724,7738361,2911,0699,4061,408-
税引前利益19,28321,4389,6709,52916,35222,08811,2058,36315,37019,0718,9735,819-
法人税等6,1055,1642,9593,0894,3954,8231,2502,6933,9164,363-492,221-
%31.7%24.1%30.6%32.4%26.9%21.8%11.2%32.2%25.5%22.9%-0.5%38.2%-
当期純利益13,17816,2746,7126,44011,95717,2659,9545,66911,45514,7089,0223,597-
非支配株主に帰属する当期純利益88067171730875052757955867368413329-
親会社株主に帰属する当期純利益12,29815,6035,9946,13211,20616,7399,3755,61410,58814,3398,6103,26732,000
前期比45.8%103.9%-63.0%132.4%91.1%107.3%156.4%91.6%94.5%85.7%91.8%58.2%81.7%
%5.5%6.8%2.7%2.9%4.9%6.6%4.2%2.7%4.7%6.2%3.9%1.6%3.7%
 
EBITDA50,03248,683111,6299,75548,90349,724110,5105,99645,14842,156109,9607,023-
EPS311.2円311.3円311.3円351.2円351.2円351.2円355.0円319.9円319.9円319.9円319.9円324.0円264.8円
BPS3,006.6円3,131.1円3,193.6円3,162.6円3,283.6円3,359.2円3,388.4円3,401.9円3,455.4円3,566.4円3,567.6円3,582.0円-
期初会社予想
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上高(期初予)853,000853,000853,000888,000888,000888,000888,000936,000936,000936,000936,000876,000876,000
対実績比49.5%76.6%102.1%23.8%49.4%78.0%103.2%22.1%46.1%70.8%94.5%22.9%-
営業利益(期初予)65,00065,00065,00068,00068,00068,00068,00071,00071,00071,00071,00055,00055,000
対実績比42.2%74.9%100.2%14.3%40.3%73.1%97.1%8.4%31.6%59.4%85.9%12.8%-
純利益(期初予)35,00035,00035,00042,00042,00042,00042,00045,00045,00045,00045,00032,00032,000
対実績比48.4%92.9%110.1%14.6%41.3%81.1%103.5%12.5%36.0%67.9%87.0%10.2%-
配当
ROEデュポン分解
β
マルチプル
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
株価4,345円4,865円3,865円3,645円3,565円3,395円3,690円3,260円2,891円3,215円1,850円2,492円-
企業価値815,134862,777733,643704,815679,845651,636692,148639,662581,710621,363458,910520,652-
時価総額537,858602,208478,373451,131441,132420,082456,579398,993353,821393,474226,440301,160-
純有利子負債260,569255,270253,684238,713231,554235,569240,669228,317227,889230,257232,470219,492-
PER(会予)15.4倍15.8倍12.6倍10.7倍10.5倍10.0倍10.9倍8.9倍7.9倍9.4倍5.7倍9.4倍-
PBR1.5倍1.6倍1.2倍1.1倍1.1倍1.0倍1.1倍1.0倍0.8倍0.9倍0.5倍0.7倍-
PER × PBR23.0倍25.6倍15.5倍12.3倍11.8倍10.3倍11.9倍8.5倍6.6倍8.7倍2.9倍6.5倍-
EV/EBITDA(会予)7.3倍7.6倍6.4倍6.2倍5.9倍5.7倍6.0倍5.5倍5.0倍5.7倍4.2倍5.0倍-
PSR(会予)0.6倍0.7倍0.6倍0.5倍0.5倍0.5倍0.5倍0.4倍0.4倍0.4倍0.3倍0.3倍-
PCFR(会予)6.6倍7.1倍5.6倍5.1倍5.0倍4.7倍5.2倍4.5倍4.0倍4.5倍2.5倍3.7倍-
配当金--330.0円---80.0円---60.0円-60.0円
配当利回り1.4%1.2%1.6%9.1%9.3%9.7%8.9%2.5%2.8%2.5%3.2%2.4%-
配当性向--106.0%---22.5%---18.8%--
自己資本配当率2.0%1.9%1.9%2.5%2.4%2.4%2.4%1.8%1.7%1.7%1.7%1.7%-
ROE10.4%9.9%9.7%11.1%10.7%10.5%10.5%9.4%9.3%9.0%9.0%9.0%-
純利益率(再掲)4.0%5.0%4.4%2.9%4.0%4.9%4.7%2.7%3.8%4.6%4.4%1.6%-
総資産回転率0.9回0.8回0.9回0.9回0.9回0.9回0.9回0.9回0.9回0.8回0.9回0.8回-
財務レバレッジ2.7倍2.7倍2.6倍2.6倍2.5倍2.5倍2.5倍2.5倍2.4倍2.4倍2.4倍2.4倍-
実質ROE10.1%9.7%9.5%10.8%10.4%10.2%10.1%9.1%8.9%8.7%8.6%8.6%-
ROIC6.9%6.7%6.8%7.6%7.6%7.4%7.4%7.1%7.2%6.9%6.9%6.8%-
ROA3.8%3.7%3.8%4.3%4.2%4.1%4.2%3.8%3.9%3.7%3.8%3.7%-
β1.140.971.111.131.141.141.151.131.191.251.331.41-
βの決定係数(R2)0.320.250.320.330.340.380.380.370.420.460.540.59-
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.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
流動資産
現金58,62862,15553,76658,89156,19360,14856,56157,30448,62954,17251,64179,256-
売上債権187,489196,555182,272174,656178,259193,169180,535166,965158,268174,858159,048144,828-
棚卸資産74,73874,06173,33775,02475,96777,58676,72080,28378,31280,60078,28282,088-
有価証券-------------
前払金-------------
繰延税金資産--7,320----------
貸倒引当金-1,116-1,117-1,116-736-771-649-646-642-605-615-1,302-1,307-
流動資産342,910357,635333,275333,231335,923359,768341,307334,049313,585341,608318,502337,364-
固定資産
建物・構築物133,775133,536473,841131,923133,213134,533483,443134,219133,490137,363490,824137,769-
機械・運搬具129,933133,063874,397128,856132,379132,974886,495134,481133,219153,105919,556162,949-
土地159,063158,719158,057156,416157,729158,634157,638157,781157,680157,866164,869165,585-
建設仮勘定--32,647---48,678---30,665--
有形固定資産494,912501,382505,438504,265513,844519,946520,939528,091530,627536,129544,553544,151-
のれん1,9621,387777335348321321285247212179208-
無形固定資産35,06933,98233,03831,39931,17431,04830,87529,91829,77829,61029,81429,716-
投資有価証券86,66891,16086,83487,88988,53683,41183,69283,15883,39489,31782,93185,072-
繰延税金資産--17,484---17,109------
貸倒引当金-8,407-8,385-8,539-8,680-8,579-7,564-7,432-7,420-7,397-7,367-6,327-6,296-
敷金および保証金-------------
投資その他の資産148,397146,934148,360147,756148,765144,128141,306140,970142,067146,425140,053140,819-
固定資産678,379682,298686,836683,421693,784695,122693,120698,980702,473712,166714,420714,687-
総資産1,021,2901,039,9341,020,1111,016,6521,029,7081,054,8901,034,4281,033,0291,016,0581,053,7741,032,9231,052,051-
 
負債
有利子負債合計319,197317,425307,450297,604287,747295,717297,230285,621276,518284,429284,111298,748-
仕入債務86,72899,57491,11388,07390,867101,41896,27590,58580,31391,41983,43075,893-
前受金-------------
未払法人税等9,10510,8196,4163,6817,3577,8318,3762,9755,6664,4406,0242,510-
繰延税金負債(固定)--8,024---7,630------
負債612,892615,337587,785589,369587,768602,955583,783580,955557,425581,012559,682582,778-
 
純資産
資本金86,17486,17486,17486,17486,17486,17486,17486,17486,17486,17486,17486,174-
資本剰余金60,27260,30560,33960,33960,40560,40860,40860,42060,41960,42460,23360,282-
利益剰余金242,135254,021260,016262,432273,638284,184294,265296,164306,746317,416326,086325,677-
自己株式-10,870-10,932-10,947-11,050-11,069-11,073-16,081-16,086-16,092-16,098-16,098-20,006-
非支配株主持分36,23137,05937,05835,94935,64336,28835,93535,71835,73336,29036,56336,389-
純資産408,397424,596432,326427,283441,940451,935450,645452,074458,632472,762473,241469,273-
キャッシュフロー(百万円)
C/S
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
営業CF
税金等調整前当期純利益27,53448,97258,6429,52925,88147,96959,1748,36323,73342,80451,7775,819-
減価償却費21,328-44,003-21,072-44,008-22,642-48,863--
のれん償却額1,271-2,497-447-490-43-89--
減損損失00577-001,101-005,451--
受取利息及び受取配当金-929--1,969--1,001--1,860--1,062--1,808--
売上債権の増減額-16,527--21,864-313--2,728-21,274-20,800--
棚卸資産の増減額-482-1,859--4,054--4,207--3,422--1,661--
仕入債務の増減額7,586-16,405-2,681-9,577--19,444--16,151--
営業CF48,465-107,683-44,085-97,283-35,566-90,902--
投資CF
有価証券の取得-1060-1210-1080-430-780-5390-
有価証券の売却・償還66501,157019101,132024503930-
固定資産の購入-23,4760-52,5880-33,9280-64,5200-34,0940-66,3780-
固定資産の売却1,80502,812062802,208087401,3670-
貸付け-------------
貸付金の回収-------------
投資CF-23,165--48,460--32,117--58,025--33,178--65,534--
財務CF
短期借入金の純増減額-535--14,323-6,342-1,509-4,151-200--
長期借入れ6,236-16,659-11,615-57,127-16,290-44,663--
長期借入金の返済-22,439--41,802--35,861--75,721--29,507--56,077--
社債の発行------20,000------
社債の償還-10,085--11,120--15,035--15,035--10,000--10,000--
自己株式の取得-24--102--13--5,026--11--22--
自己株式の売却1,121-1,123---0---94--
配当金の支払-3,707--7,423--3,715--9,909--3,681--7,350--
財務CF-26,521--65,818--8,744--33,753--9,978--29,436--
換算差額-636--459--522--543--352--301--
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額--58,087---67,796---77,677--
研究開発費------4,311---4,431--
発行済株式総数123,783,805株123,770,406株123,766,957株123,739,594株123,735,390株123,734,059株122,390,364株122,388,970株122,386,965株122,385,298株122,399,986株120,850,906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.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
従業員数--13,055人---13,083人---13,119人--
売上/従業員(千円)--66,726---70,020---67,410--
営利/従業員(千円)--4,989---5,046---4,650--