通期売上(百万円)
売上5y CAGR・予想:3.2 %
通期利益(百万円)
営利5y CAGR・予想:-17.2 %
純利5y CAGR・予想:-10.3 %
P/L
2018.32019.32020.32021.3E
売上2,003,9732,214,9462,171,355-
前期比119.6%110.5%98.0%-
売上原価1,534,2071,702,5991,664,923-
売上総利益469,765512,346506,432-
%23.4%23.1%23.3%-
販管費334,347376,866381,473-
営業利益147,445134,684128,233-
前期比115.8%91.3%95.2%-
%7.4%6.1%5.9%-
受取利息および受取配当金----
持分法による投資利益2,1491,1631,472-
営業外収益72,42877,766--
支払利息----
持分法による投資損失----
営業外費用10,04610,200--
経常利益209,827202,225196,288-
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209,827202,225196,288-
法人税等36,01042,44746,101-
%17.2%21.0%23.5%-
当期純利益173,816159,778150,187-
非支配株主に帰属する当期純利益5,6357,0294,305-
親会社株主に帰属する当期純利益168,180152,748145,881-
前期比128.0%90.8%95.5%-
%8.4%6.9%6.7%-
 
EBITDA309,926681,714691,246-
EPS541.7円492.0円469.9円483.1円
BPS8,223.8円7,986.6円7,854.9円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)1,850,0002,150,0002,300,000-
対実績比108.3%103.0%94.4%-
営業利益(期初予)135,000135,000145,000-
対実績比109.2%99.8%88.4%-
純利益(期初予)130,000146,000157,000-
対実績比129.4%104.6%92.9%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価6,440円5,550円5,180円-
企業価値2,753,8352,579,0392,589,931-
時価総額1,999,5421,723,1951,608,305-
純有利子負債844,2701,058,275981,626-
PER(会予)12.7倍11.5倍10.7倍-
PBR0.7倍0.7倍0.7倍-
PER × PBR9.4倍8.0倍7.1倍-
EV/EBITDA(会予)9.4倍8.7倍3.7倍-
PSR(会予)1.0倍0.8倍0.7倍-
PCFR(会予)6.5倍5.5倍2.3倍-
配当金150.0円155.0円160.0円160.0円
配当利回り1.9%2.7%3.1%-
配当性向27.7%31.5%34.1%-
自己資本配当率1.8%1.9%2.0%-
ROE6.6%6.2%6.0%-
純利益率(再掲)8.4%6.9%6.7%-
総資産回転率0.4回0.4回0.4回-
財務レバレッジ2.1倍2.1倍2.2倍-
実質ROE6.4%6.0%5.8%-
ROIC3.0%2.4%2.2%-
ROA3.2%2.9%2.8%-
β1.171.391.25-
βの決定係数(R2)0.680.800.78-
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323,830239,140358,144-
売上債権764,514845,255867,088-
棚卸資産223,714245,182255,738-
有価証券6,3593,9885,273-
前払金----
繰延税金資産----
貸倒引当金----
流動資産1,493,7931,623,7841,739,883-
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889,220938,030991,195-
のれん361,797361,078354,701-
無形固定資産----
投資有価証券----
繰延税金資産27,01730,59030,877-
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3,764,7073,637,3903,539,770-
総資産5,258,5005,261,1745,279,653-
 
負債
有利子負債合計1,168,1001,297,4151,339,770-
仕入債務479,253506,547519,330-
前受金----
未払法人税等27,09715,99320,435-
繰延税金負債(固定)665,342598,083556,880-
負債2,624,6312,699,2372,759,115-
 
純資産
資本金80,46280,46280,462-
資本剰余金105,343103,507103,515-
利益剰余金1,084,1391,178,7731,267,521-
自己株式-59,284-59,297-59,307-
非支配株主持分80,47882,21881,730-
純資産2,633,8692,561,9362,520,537-
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209,827202,225196,288-
減価償却費162,481185,952208,312-
のれん償却額-361,078354,701-
減損損失----
受取利息及び受取配当金-67,115-72,301-74,152-
売上債権の増減額-37,417-86,533-55,601-
棚卸資産の増減額-23,875-22,024-20,204-
仕入債務の増減額-45242,54824,185-
営業CF268,567270,306313,199-
投資CF
有価証券の取得-18,022-44,123-2,685-
有価証券の売却・償還1367572,129-
固定資産の購入-200,115-225,621-216,002-
固定資産の売却000-
貸付け-648-2,053-844-
貸付金の回収9501,3531,501-
投資CF-340,324-395,000-182,598-
財務CF
短期借入金の純増減額-26,607-29,634-24,620-
長期借入れ108,882228,884183,142-
長期借入金の返済-162,706-223,417-122,901-
社債の発行294,596159,10676,255-
社債の償還-10,000-75,949-93,896-
自己株式の取得-12-12-9-
自己株式の売却----
配当金の支払-41,915-48,125-49,677-
財務CF153,30340,467-7,094-
換算差額-1,400-464-4,502-
その他
2018.32019.32020.32021.3E
設備投資額200,000226,000255,015-
研究開発費77,60088,80790,560-
発行済株式総数310,487,262株310,485,172株310,483,612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61,152人64,641人66,478人-
売上/従業員(千円)32,77034,26532,663-
営利/従業員(千円)2,4112,0841,929-
四半期売上(百万円)
売上5y CAGR・予想:3.2 %
四半期利益(百万円)
営利5y CAGR・予想:-17.2 %
純利5y CAGR・予想:-10.3 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上937,9361,464,6902,003,973522,1451,057,0111,629,8272,214,946551,2251,102,9511,624,4882,171,355430,8571,900,000
前期比87.0%89.3%119.6%117.2%112.7%111.3%110.5%105.6%104.3%99.7%98.0%78.2%87.5%
売上原価718,5761,119,4701,534,207399,549814,1261,253,7691,702,599423,714842,6201,238,4181,664,923349,453-
売上総利益219,360345,216469,765122,595242,884376,058512,346127,511260,330386,070506,43281,403-
%23.4%23.6%23.4%23.5%23.0%23.1%23.1%23.1%23.6%23.8%23.3%18.9%-
販管費142,335230,194334,34789,387181,689277,848376,86695,497188,463282,840381,47388,935-
営業利益77,024115,022147,44533,94361,39797,941134,68431,66971,582101,039128,233-6,49660,000
前期比132.3%128.7%115.8%76.8%79.7%85.1%91.3%93.3%116.6%103.2%95.2%-20.5%46.8%
%8.2%7.9%7.4%6.5%5.8%6.0%6.1%5.7%6.5%6.2%5.9%-3.2%
受取利息および受取配当金-------------
持分法による投資利益--2,1492554447401,1634548191,0621,472-17-
営業外収益38,52171,35272,42839,96042,34875,57277,766------
支払利息-------------
持分法による投資損失-------------
営業外費用5,2287,83210,0462,7835,3557,43110,200------
経常利益110,316178,543209,82771,12198,391166,083202,22568,684108,059170,265196,28829,869-
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110,316178,543209,82771,12198,391166,083202,22568,684108,059170,265196,28829,869-
法人税等26,53328,13836,01015,70320,24134,52242,44713,58123,13937,57846,1015,998-
%24.1%15.8%17.2%22.1%20.6%20.8%21.0%19.8%21.4%22.1%23.5%20.1%-
当期純利益83,783150,405173,81655,41778,150131,561159,77855,10284,919132,686150,18723,871-
非支配株主に帰属する当期純利益--5,6351,9793,7425,1717,0291,3632,6343,3594,305-198-
親会社株主に帰属する当期純利益80,879146,166168,18053,43874,408126,390152,74853,73982,284129,327145,88124,07085,000
前期比132.6%136.1%128.0%89.1%92.0%86.5%90.8%100.6%110.6%102.3%95.5%44.8%58.3%
%8.6%10.0%8.4%10.2%7.0%7.8%6.9%9.7%7.5%8.0%6.7%5.6%4.5%
 
EBITDA156,386237,342309,92676,589149,132232,295681,714440,413524,154614,361691,246--
EPS541.7円541.7円541.7円492.0円492.0円492.0円492.0円469.8円469.8円469.9円469.9円469.9円0.0円
BPS8,031.3円8,717.5円8,223.8円8,416.8円8,666.3円7,948.1円7,986.6円8,110.6円8,478.8円9,004.0円7,854.9円8,192.9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)1,850,0001,850,0001,850,0002,150,0002,150,0002,150,0002,150,0002,300,0002,300,0002,300,0002,300,000-1,900,000
対実績比50.7%79.2%108.3%24.3%49.2%75.8%103.0%24.0%48.0%70.6%94.4%--
営業利益(期初予)135,000135,000135,000135,000135,000135,000135,000145,000145,000145,000145,000-60,000
対実績比57.1%85.2%109.2%25.1%45.5%72.5%99.8%21.8%49.4%69.7%88.4%--
純利益(期初予)130,000130,000130,000146,000146,000146,000146,000157,000157,000157,000157,000-85,000
対実績比62.2%112.4%129.4%36.6%51.0%86.6%104.6%34.2%52.4%82.4%92.9%--
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6,470円7,240円6,440円6,210円6,720円5,090円5,550円5,930円6,200円6,330円5,180円5,710円-
企業価値2,812,3753,011,0172,753,8352,772,3962,856,3772,410,6342,579,0392,899,4522,943,5702,983,9332,589,9312,885,355-
時価総額2,008,8642,247,9351,999,5421,928,1262,086,4691,580,3741,723,1951,841,1771,925,0041,965,3671,608,3051,772,861-
純有利子負債763,082754,293844,270769,908830,260855,8441,058,2751,035,2271,018,5661,012,360981,6261,112,494-
PER(会予)15.5倍15.8倍12.7倍13.2倍14.3倍10.5倍11.5倍11.7倍12.3倍13.0倍10.7倍--
PBR0.9倍0.9倍0.7倍0.8倍0.8倍0.6倍0.7倍0.7倍0.7倍0.7倍0.7倍0.7倍-
PER × PBR13.7倍14.3倍9.4倍10.0倍11.4倍6.2倍8.0倍8.7倍9.0倍9.7倍7.1倍--
EV/EBITDA(会予)9.9倍10.2倍9.4倍9.3倍9.6倍8.1倍8.7倍4.2倍4.3倍4.4倍3.7倍--
PSR(会予)1.1倍1.2倍1.0倍0.9倍1.0倍0.7倍0.8倍0.8倍0.8倍0.9倍0.7倍--
PCFR(会予)7.2倍7.7倍6.5倍6.3倍6.8倍5.1倍5.5倍2.6倍2.7倍2.8倍2.3倍3.1倍-
配当金--150.0円---155.0円---160.0円-0.0円
配当利回り1.9%1.7%1.9%2.4%2.2%2.9%2.7%2.6%2.5%2.4%3.1%2.8%-
配当性向--27.7%---31.5%---34.1%--
自己資本配当率1.9%1.7%1.8%1.8%1.8%2.0%1.9%2.0%1.9%1.8%2.0%2.0%-
ROE6.7%6.2%6.6%5.8%5.7%6.2%6.2%5.8%5.5%5.2%6.0%5.7%-
純利益率(再掲)8.6%10.0%8.4%10.2%7.0%7.8%6.9%9.7%7.5%8.0%6.7%5.6%-
総資産回転率0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回-
財務レバレッジ2.0倍2.0倍2.1倍2.0倍2.0倍2.1倍2.1倍2.1倍2.1倍2.0倍2.2倍2.1倍-
実質ROE6.6%6.1%6.4%5.7%5.6%6.0%6.0%5.7%5.4%5.1%5.8%5.6%-
ROIC3.1%2.9%3.0%2.4%2.4%2.5%2.4%2.2%2.1%2.0%2.2%2.1%-
ROA3.3%3.1%3.2%2.9%2.8%3.0%2.9%2.7%2.7%2.6%2.8%2.7%-
β1.181.161.171.211.231.331.391.391.371.361.251.16-
βの決定係数(R2)0.680.660.680.670.680.770.800.820.810.810.780.75-
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331,829348,126323,830422,323371,865361,944239,140260,807278,828303,245358,144250,622-
売上債権738,397741,555764,514760,819790,721814,029845,255824,786837,124829,953867,088830,621-
棚卸資産221,441227,089223,714239,627252,810251,897245,182253,526247,909253,311255,738263,559-
有価証券--6,359---3,9884,2873,6443,3025,2733,780-
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産1,352,2801,386,6001,493,7931,482,9701,482,3201,505,1101,623,7841,620,4421,620,9531,650,5691,739,8831,718,161-
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877,000894,000889,220916,000943,000929,000938,030978,932974,170996,253991,195989,935-
のれん--361,797---361,078358,267351,498360,635354,701353,667-
無形固定資産-------------
投資有価証券-------------
繰延税金資産--27,017---30,59031,32130,20231,27630,87731,784-
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3,748,7004,005,5703,764,7073,845,4503,945,7103,589,4703,637,3903,710,4343,843,7024,051,5303,539,7703,681,191-
総資産5,100,9805,392,1705,258,5005,328,4205,428,0305,094,5805,261,1745,330,8775,464,6555,702,1005,279,6535,399,352-
 
負債
有利子負債合計1,094,9111,102,4191,168,1001,192,2311,202,1251,217,7881,297,4151,296,0341,297,3941,315,6051,339,7701,363,116-
仕入債務432,768434,400479,253460,371450,343433,188506,547486,635462,893450,363519,330476,752-
前受金-------------
未払法人税等--27,097---15,99315,35418,11612,02920,43511,134-
繰延税金負債(固定)--665,342---598,083603,086653,499717,212556,880596,980-
負債2,528,1202,604,8002,624,6312,633,2902,657,2902,547,0902,699,2372,730,9162,751,1202,823,8592,759,1152,774,061-
 
純資産
資本金80,46280,46280,46280,46280,46280,46280,46280,46280,46280,46280,46280,462-
資本剰余金--105,343---103,507103,515103,515103,512103,515103,599-
利益剰余金1,013,4901,056,6701,084,1391,113,1601,133,6001,162,9901,178,7731,207,0651,236,4051,257,1721,267,5211,267,319-
自己株式-59,278-59,280-59,284-59,289-59,293-59,294-59,297-59,298-59,302-59,304-59,307-59,307-
非支配株主持分79,25180,70280,47881,81279,97479,72382,21881,75481,00482,64881,73081,541-
純資産2,572,8602,787,3702,633,8692,695,1302,770,7402,547,4802,561,9362,599,9602,713,5352,878,2402,520,5372,625,291-
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--209,82771,12198,391166,083202,22568,684108,059170,265196,28829,869-
減価償却費79,362122,320162,48142,64687,735134,354185,95250,477101,074152,687208,31251,113-
のれん償却額------361,078358,267351,498360,635354,701353,667-
減損損失-------------
受取利息及び受取配当金---67,115-37,974-39,023-71,728-72,301-39,016-39,818-73,358-74,152-37,911-
売上債権の増減額---37,41714,615-1,914-50,910-86,5332,721-22,9247,825-55,60148,392-
棚卸資産の増減額---23,875-14,885-22,535-27,245-22,024-12,865-11,310-10,470-20,204-4,643-
仕入債務の増減額---452-6,434-27,796-31,20642,548-13,098-28,781-50,38424,185-47,228-
営業CF129,784220,244268,56782,065109,854148,039270,30691,212134,884245,465313,19973,812-
投資CF
有価証券の取得00-18,0220-10-17-44,123-1,392-1,397-2,645-2,685-3-
有価証券の売却・償還0013600475757251,8901,9112,1290-
固定資産の購入00-200,115-57,816-115,158-169,090-225,621-56,192-105,162-159,807-216,002-46,720-
固定資産の売却000000000000-
貸付け---648-463-1,030-1,763-2,053-173-185-625-844-402-
貸付金の回収--9502436049931,353892147231,501194-
投資CF-214,715-278,769-340,324-104,215-139,957-221,856-395,000-58,037-80,225-135,652-182,598-170,274-
財務CF
短期借入金の純増減額---26,607-10,466-18,996-22,547-29,634-7,240-10,822-16,797-24,620-18,556-
長期借入れ--108,88262,87994,095124,477228,88414,52774,81298,042183,14280,460-
長期借入金の返済---162,706-107,045-177,104-194,300-223,417-30,658-78,229-110,745-122,901-6,810-
社債の発行--294,59630,16469,49792,315159,10621,14227,17457,70976,25514,769-
社債の償還---10,000--25,980-25,980-75,949-12,394-22,369-43,896-93,896-40,290-
自己株式の取得---12-5-8-10-12-1-4-6-90-
自己株式の売却-------------
配当金の支払---41,915-24,838-24,838-48,125-48,125-24,838-24,838-49,677-49,677-24,838-
財務CF72,49252,266153,303-27,173-49,071-39,50840,467-9,497-10,856-44,174-7,094-12,411-
換算差額---1,400-1,9641,478-252-464-2,010-4,114-1,533-4,5021,350-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額91,598144,000200,00057,816115,000169,090226,00056,192105,162159,807255,01546,720-
研究開発費30,40047,10077,60017,90036,10064,40088,807---90,560--
発行済株式総数310,488,201株310,487,826株310,487,262株310,486,493株310,485,976株310,485,670株310,485,172株310,485,006株310,484,451株310,484,064株310,483,612株310,483,576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--61,152人---64,641人---66,478人--
売上/従業員(千円)--32,770---34,265---32,663--
営利/従業員(千円)--2,411---2,084---1,929--
四半期売上(百万円)
売上5y CAGR・予想:3.2 %
四半期利益(百万円)
営利5y CAGR・予想:-17.2 %
純利5y CAGR・予想:-10.3 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上492,548526,754539,283522,145534,866572,816585,119551,225551,726521,537546,867430,8571,900,000
前期比89.8%93.7%1,558.8%117.2%108.6%108.7%108.5%105.6%103.2%91.0%93.5%78.2%87.5%
売上原価376,117400,894414,737399,549414,577439,643448,830423,714418,906395,798426,505349,453-
売上総利益116,432125,856124,549122,595120,289133,174136,288127,511132,819125,740120,36281,403-
%23.6%23.9%23.1%23.5%22.5%23.2%23.3%23.1%24.1%24.1%22.0%18.9%-
販管費83,63087,859104,15389,38792,30296,15999,01895,49792,96694,37798,63388,935-
営業利益32,80237,99832,42333,94327,45436,54436,74331,66939,91329,45727,194-6,49660,000
前期比109.0%121.8%85.5%76.8%83.7%96.2%113.3%93.3%145.4%80.6%74.0%-20.5%46.8%
%6.7%7.2%6.0%6.5%5.1%6.4%6.3%5.7%7.2%5.6%5.0%-1.5%3.2%
受取利息および受取配当金000-000-000--
持分法による投資利益002,149255189296423454365243410-17-
営業外収益2,79932,8311,07639,9602,38833,2242,194-000--
支払利息000-000-000--
持分法による投資損失000-000-000--
営業外費用2,7672,6042,2142,7832,5722,0762,769-000--
経常利益32,83468,22731,28471,12127,27067,69236,14268,68439,37562,20626,02329,869-
固定資産売却益000-000-000--
投資有価証券売却益000-000-000--
特別利益000-000-000--
固定資産売却損000-000-000--
投資有価証券売却損000-000-000--
減損損失000-000-000--
特別損失000-000-000--
税引前利益32,83468,22731,28471,12127,27067,69236,14268,68439,37562,20626,02329,869-
法人税等10,3551,6057,87215,7034,53814,2817,92513,5819,55814,4398,5235,998-
%31.5%2.4%25.2%22.1%16.6%21.1%21.9%19.8%24.3%23.2%32.8%20.1%-
当期純利益22,48066,62223,41155,41722,73353,41128,21755,10229,81747,76717,50123,871-
非支配株主に帰属する当期純利益005,6351,9791,7631,4291,8581,3631,271725946-198-
親会社株主に帰属する当期純利益20,93165,28722,01453,43820,97051,98226,35853,73928,54547,04316,55424,07085,000
前期比106.2%140.5%91.9%89.1%100.2%79.6%119.7%100.6%136.1%90.5%62.8%44.8%58.3%
%4.2%12.4%4.1%10.2%3.9%9.1%4.5%9.7%5.2%9.0%3.0%5.6%4.5%
 
EBITDA156,386237,342309,92676,589149,132232,295681,714440,413524,154614,361691,246--
EPS541.7円541.7円541.7円492.0円492.0円492.0円492.0円469.8円469.8円469.9円469.9円469.9円0.0円
BPS8,031.3円8,717.5円8,223.8円8,416.8円8,666.3円7,948.1円7,986.6円8,110.6円8,478.8円9,004.0円7,854.9円8,192.9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)1,850,0001,850,0001,850,0002,150,0002,150,0002,150,0002,150,0002,300,0002,300,0002,300,0002,300,000-1,900,000
対実績比50.7%79.2%108.3%24.3%49.2%75.8%103.0%24.0%48.0%70.6%94.4%--
営業利益(期初予)135,000135,000135,000135,000135,000135,000135,000145,000145,000145,000145,000-60,000
対実績比57.1%85.2%109.2%25.1%45.5%72.5%99.8%21.8%49.4%69.7%88.4%--
純利益(期初予)130,000130,000130,000146,000146,000146,000146,000157,000157,000157,000157,000-85,000
対実績比62.2%112.4%129.4%36.6%51.0%86.6%104.6%34.2%52.4%82.4%92.9%--
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6,470円7,240円6,440円6,210円6,720円5,090円5,550円5,930円6,200円6,330円5,180円5,710円-
企業価値2,812,3753,011,0172,753,8352,772,3962,856,3772,410,6342,579,0392,899,4522,943,5702,983,9332,589,9312,885,355-
時価総額2,008,8642,247,9351,999,5421,928,1262,086,4691,580,3741,723,1951,841,1771,925,0041,965,3671,608,3051,772,861-
純有利子負債763,082754,293844,270769,908830,260855,8441,058,2751,035,2271,018,5661,012,360981,6261,112,494-
PER(会予)15.5倍15.8倍12.7倍13.2倍14.3倍10.5倍11.5倍11.7倍12.3倍13.0倍10.7倍--
PBR0.9倍0.9倍0.7倍0.8倍0.8倍0.6倍0.7倍0.7倍0.7倍0.7倍0.7倍0.7倍-
PER × PBR13.7倍14.3倍9.4倍10.0倍11.4倍6.2倍8.0倍8.7倍9.0倍9.7倍7.1倍--
EV/EBITDA(会予)9.9倍10.2倍9.4倍9.3倍9.6倍8.1倍8.7倍4.2倍4.3倍4.4倍3.7倍--
PSR(会予)1.1倍1.2倍1.0倍0.9倍1.0倍0.7倍0.8倍0.8倍0.8倍0.9倍0.7倍--
PCFR(会予)7.2倍7.7倍6.5倍6.3倍6.8倍5.1倍5.5倍2.6倍2.7倍2.8倍2.3倍3.1倍-
配当金--150.0円---155.0円---160.0円-0.0円
配当利回り1.9%1.7%1.9%2.4%2.2%2.9%2.7%2.6%2.5%2.4%3.1%2.8%-
配当性向--27.7%---31.5%---34.1%--
自己資本配当率1.9%1.7%1.8%1.8%1.8%2.0%1.9%2.0%1.9%1.8%2.0%2.0%-
ROE6.7%6.2%6.6%5.8%5.7%6.2%6.2%5.8%5.5%5.2%6.0%5.7%-
純利益率(再掲)8.6%10.0%8.4%10.2%7.0%7.8%6.9%9.7%7.5%8.0%6.7%5.6%-
総資産回転率0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回0.4回-
財務レバレッジ2.0倍2.0倍2.1倍2.0倍2.0倍2.1倍2.1倍2.1倍2.1倍2.0倍2.2倍2.1倍-
実質ROE6.6%6.1%6.4%5.7%5.6%6.0%6.0%5.7%5.4%5.1%5.8%5.6%-
ROIC3.1%2.9%3.0%2.4%2.4%2.5%2.4%2.2%2.1%2.0%2.2%2.1%-
ROA3.3%3.1%3.2%2.9%2.8%3.0%2.9%2.7%2.7%2.6%2.8%2.7%-
β1.181.161.171.211.231.331.391.391.371.361.251.16-
βの決定係数(R2)0.680.660.680.670.680.770.800.820.810.810.780.75-
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331,829348,126323,830422,323371,865361,944239,140260,807278,828303,245358,144250,622-
売上債権738,397741,555764,514760,819790,721814,029845,255824,786837,124829,953867,088830,621-
棚卸資産221,441227,089223,714239,627252,810251,897245,182253,526247,909253,311255,738263,559-
有価証券--6,359---3,9884,2873,6443,3025,2733,780-
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産1,352,2801,386,6001,493,7931,482,9701,482,3201,505,1101,623,7841,620,4421,620,9531,650,5691,739,8831,718,161-
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877,000894,000889,220916,000943,000929,000938,030978,932974,170996,253991,195989,935-
のれん--361,797---361,078358,267351,498360,635354,701353,667-
無形固定資産-------------
投資有価証券-------------
繰延税金資産--27,017---30,59031,32130,20231,27630,87731,784-
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3,748,7004,005,5703,764,7073,845,4503,945,7103,589,4703,637,3903,710,4343,843,7024,051,5303,539,7703,681,191-
総資産5,100,9805,392,1705,258,5005,328,4205,428,0305,094,5805,261,1745,330,8775,464,6555,702,1005,279,6535,399,352-
 
負債
有利子負債合計1,094,9111,102,4191,168,1001,192,2311,202,1251,217,7881,297,4151,296,0341,297,3941,315,6051,339,7701,363,116-
仕入債務432,768434,400479,253460,371450,343433,188506,547486,635462,893450,363519,330476,752-
前受金-------------
未払法人税等--27,097---15,99315,35418,11612,02920,43511,134-
繰延税金負債(固定)--665,342---598,083603,086653,499717,212556,880596,980-
負債2,528,1202,604,8002,624,6312,633,2902,657,2902,547,0902,699,2372,730,9162,751,1202,823,8592,759,1152,774,061-
 
純資産
資本金80,46280,46280,46280,46280,46280,46280,46280,46280,46280,46280,46280,462-
資本剰余金--105,343---103,507103,515103,515103,512103,515103,599-
利益剰余金1,013,4901,056,6701,084,1391,113,1601,133,6001,162,9901,178,7731,207,0651,236,4051,257,1721,267,5211,267,319-
自己株式-59,278-59,280-59,284-59,289-59,293-59,294-59,297-59,298-59,302-59,304-59,307-59,307-
非支配株主持分79,25180,70280,47881,81279,97479,72382,21881,75481,00482,64881,73081,541-
純資産2,572,8602,787,3702,633,8692,695,1302,770,7402,547,4802,561,9362,599,9602,713,5352,878,2402,520,5372,625,291-
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--209,82771,12198,391166,083202,22568,684108,059170,265196,28829,869-
減価償却費79,362122,320162,48142,64687,735134,354185,95250,477101,074152,687208,31251,113-
のれん償却額------361,078358,267351,498360,635354,701353,667-
減損損失000-000-000--
受取利息及び受取配当金---67,115-37,974-39,023-71,728-72,301-39,016-39,818-73,358-74,152-37,911-
売上債権の増減額---37,41714,615-1,914-50,910-86,5332,721-22,9247,825-55,60148,392-
棚卸資産の増減額---23,875-14,885-22,535-27,245-22,024-12,865-11,310-10,470-20,204-4,643-
仕入債務の増減額---452-6,434-27,796-31,20642,548-13,098-28,781-50,38424,185-47,228-
営業CF129,784220,244268,56782,065109,854148,039270,30691,212134,884245,465313,19973,812-
投資CF
有価証券の取得00-18,0220-10-17-44,123-1,392-1,397-2,645-2,685-3-
有価証券の売却・償還0013600475757251,8901,9112,1290-
固定資産の購入00-200,115-57,816-115,158-169,090-225,621-56,192-105,162-159,807-216,002-46,720-
固定資産の売却000000000000-
貸付け---648-463-1,030-1,763-2,053-173-185-625-844-402-
貸付金の回収--9502436049931,353892147231,501194-
投資CF-214,715-278,769-340,324-104,215-139,957-221,856-395,000-58,037-80,225-135,652-182,598-170,274-
財務CF
短期借入金の純増減額---26,607-10,466-18,996-22,547-29,634-7,240-10,822-16,797-24,620-18,556-
長期借入れ--108,88262,87994,095124,477228,88414,52774,81298,042183,14280,460-
長期借入金の返済---162,706-107,045-177,104-194,300-223,417-30,658-78,229-110,745-122,901-6,810-
社債の発行--294,59630,16469,49792,315159,10621,14227,17457,70976,25514,769-
社債の償還---10,000--25,980-25,980-75,949-12,394-22,369-43,896-93,896-40,290-
自己株式の取得---12-5-8-10-12-1-4-6-90-
自己株式の売却-------------
配当金の支払---41,915-24,838-24,838-48,125-48,125-24,838-24,838-49,677-49,677-24,838-
財務CF72,49252,266153,303-27,173-49,071-39,50840,467-9,497-10,856-44,174-7,094-12,411-
換算差額---1,400-1,9641,478-252-464-2,010-4,114-1,533-4,5021,350-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額91,598144,000200,00057,816115,000169,090226,00056,192105,162159,807255,01546,720-
研究開発費30,40047,10077,60017,90036,10064,40088,807---90,560--
発行済株式総数310,488,201株310,487,826株310,487,262株310,486,493株310,485,976株310,485,670株310,485,172株310,485,006株310,484,451株310,484,064株310,483,612株310,483,576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--61,152人---64,641人---66,478人--
売上/従業員(千円)--32,770---34,265---32,663--
営利/従業員(千円)--2,411---2,084---1,929--