通期売上(百万円)
売上5y CAGR・予想:-3.0 %
通期利益(百万円)
営利5y CAGR・予想:-16.9 %
純利5y CAGR・予想:-15.4 %
P/L
2017.122018.122019.122020.12E
売上282,215292,774290,136302,500
前期比106.3%103.7%99.1%104.3%
売上原価173,849182,224180,671-
売上総利益108,365110,549109,464-
%38.4%37.8%37.7%-
販管費72,29974,10376,799-
営業利益36,06536,44632,66436,000
前期比104.3%101.1%89.6%110.2%
%12.8%12.4%11.3%11.9%
受取利息および受取配当金9551,4971,821-
持分法による投資利益----
営業外収益1,6652,0492,329-
支払利息956717-
持分法による投資損失----
営業外費用6442,123769-
経常利益37,08636,37234,22437,800
固定資産売却益10012--
投資有価証券売却益--98-
特別利益10012103-
固定資産売却損-1513-
投資有価証券売却損----
減損損失1,829215-
特別損失1,88529463-
税引前利益35,30236,09034,263-
法人税等11,98010,1329,518-
%33.9%28.1%27.8%-
当期純利益23,32125,95824,745-
非支配株主に帰属する当期純利益177240307-
親会社株主に帰属する当期純利益23,14425,71724,43726,300
前期比108.0%111.1%95.0%107.6%
%8.2%8.8%8.4%8.7%
 
EBITDA41,94242,44037,817-
EPS319.6円355.1円337.4円342.4円
BPS2,830.5円3,068.9円3,321.3円-
期初会社予想
2017.122018.122019.122020.12E
売上高(期初予)275,800287,900296,600302,500
対実績比102.3%101.7%97.8%-
営業利益(期初予)35,40036,10034,50036,000
対実績比101.9%101.0%94.7%-
純利益(期初予)24,10024,50024,80026,300
対実績比96.0%105.0%98.5%-
配当
ROEデュポン分解
β
マルチプル
2017.122018.122019.122020.12E
株価9,990円6,680円9,740円-
企業価値542,131281,293487,864-
時価総額723,420483,747705,377-
純有利子負債-187,224-204,263-215,093-
PER(会予)30.0倍19.7倍28.4倍-
PBR3.6倍2.2倍3.0倍-
PER × PBR107.4倍43.1倍85.6倍-
EV/EBITDA(会予)13.0倍6.7倍12.0倍-
PSR(会予)2.6倍1.7倍2.4倍-
PCFR(会予)23.7倍15.9倍22.9倍-
配当金70.0円80.0円110.0円110.0円
配当利回り0.7%1.0%0.8%-
配当性向21.9%22.5%32.6%-
自己資本配当率2.5%2.6%3.3%-
ROE11.3%11.6%10.2%-
純利益率(再掲)8.2%8.8%8.4%-
総資産回転率0.9回0.9回0.8回-
財務レバレッジ1.5倍1.5倍1.5倍-
実質ROE11.3%11.6%10.2%-
ROIC11.8%11.8%9.6%-
ROA7.3%7.7%6.9%-
β0.590.780.71-
βの決定係数(R2)0.130.230.21-
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187,224204,263215,093-
売上債権30,26131,18331,708-
棚卸資産28,54931,90930,335-
有価証券----
前払金----
繰延税金資産----
貸倒引当金-145-151-155-
流動資産254,531272,560281,343-
固定資産
建物・構築物44,52343,73045,083-
機械・運搬具32,59033,61334,033-
土地15,67815,63115,656-
建設仮勘定1,6161,083636-
有形固定資産45,77543,96244,303-
のれん2,6622,1021,536-
無形固定資産6,8355,4894,695-
投資有価証券-1,33210,295-
繰延税金資産6,5379,6159,434-
貸倒引当金-218-197-208-
敷金および保証金----
投資その他の資産9,49512,86621,543-
固定資産62,10662,31870,543-
総資産316,637334,879351,887-
 
負債
有利子負債合計000-
仕入債務16,89317,66416,555-
前受金24,98226,69926,829-
未払法人税等4,9253,7603,519-
繰延税金負債(固定)3,944---
負債109,737111,368109,848-
 
純資産
資本金7,9938,0088,021-
資本剰余金14,51614,53014,543-
利益剰余金183,475204,123222,768-
自己株式-3-4-4-
非支配株主持分1,9321,2721,506-
純資産206,900223,510242,038-
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35,30236,09034,263-
減価償却費5,1045,1224,643-
のれん償却額773872510-
減損損失1,829215-
受取利息及び受取配当金-972-1,516-1,838-
売上債権の増減額-2,836-1,885-173-
棚卸資産の増減額-1,968-4,4941,948-
仕入債務の増減額1,6581,884-1,427-
営業CF34,87730,20330,455-
投資CF
有価証券の取得-1,580-1,352-9,682-
有価証券の売却・償還09533-
固定資産の購入-6,459-4,619-4,345-
固定資産の売却37800-
貸付け----
貸付金の回収----
投資CF-34,06616,47829,645-
財務CF
短期借入金の純増減額134---
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----
自己株式の売却----
配当金の支払-5,068-5,069-5,793-
財務CF-4,966-5,047-5,908-
換算差額329-2,285-645-
その他
2017.122018.122019.122020.12E
設備投資額5,8274,2465,216-
研究開発費----
発行済株式総数72,414,347株72,417,269株72,420,619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13,118人12,982人13,049人-
売上/従業員(千円)21,51422,55222,234-
営利/従業員(千円)2,7492,8072,503-
四半期売上(百万円)
売上5y CAGR・予想:-3.0 %
四半期利益(百万円)
営利5y CAGR・予想:-16.9 %
純利5y CAGR・予想:-15.4 %
P/L
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上282,21573,519149,985226,763292,77476,057149,631227,936290,13672,568121,078183,499235,000
前期比106.3%105.2%104.4%103.4%103.7%103.5%99.8%100.5%99.1%95.4%80.9%80.5%81.0%
売上原価173,84945,17792,368139,575182,22447,56692,642140,806180,67144,48275,472113,622-
売上総利益108,36528,34257,61687,187110,54928,49156,98887,129109,46428,08645,60669,877-
%38.4%38.6%38.4%38.4%37.8%37.5%38.1%38.2%37.7%38.7%37.7%38.1%-
販管費72,29917,48136,16955,09474,10318,84238,35757,76276,79918,52635,06253,110-
営業利益36,06510,86021,44732,09236,4469,64918,63129,36632,6649,55910,54316,76616,500
前期比104.3%111.2%106.2%102.7%101.1%88.8%86.9%91.5%89.6%99.1%56.6%57.1%50.5%
%12.8%14.8%14.3%14.2%12.4%12.7%12.5%12.9%11.3%13.2%8.7%9.1%7.0%
受取利息および受取配当金9552806271,0331,4975099981,4551,821289479596-
持分法による投資利益-------------
営業外収益1,6654138911,4202,0496761,2591,8842,3294201,7032,109-
支払利息9515345667224181771726-
持分法による投資損失-------------
営業外費用6442,8871,7475242,123531,4391,7677691,6342,2152,897-
経常利益37,0868,38620,59132,98936,37210,27118,45129,48434,2248,34510,03115,97816,000
固定資産売却益1003810129-------
投資有価証券売却益------556498244458-
特別利益10038101296667103245161-
固定資産売却損-23515131113----
投資有価証券売却損----------8484-
減損損失1,829---2---15----
特別損失1,88510261269294212246332121128-
税引前利益35,3028,38020,33832,73036,09010,27818,50529,52634,2638,3389,96015,911-
法人税等11,9802,6306,27210,05210,1323,1565,5558,7249,5182,7383,3775,203-
%33.9%31.4%30.8%30.7%28.1%30.7%30.0%29.5%27.8%32.8%33.9%32.7%-
当期純利益23,3215,74914,06522,67725,9587,12212,95020,80224,7455,5996,58310,707-
非支配株主に帰属する当期純利益17737101167240801492383079598154-
親会社株主に帰属する当期純利益23,1445,71213,96422,51025,7177,04112,80020,56424,4375,5036,48410,55311,000
前期比108.0%93.8%105.9%106.5%111.1%123.3%91.7%91.4%95.0%78.2%50.7%51.3%45.0%
%8.2%7.8%9.3%9.9%8.8%9.3%8.6%9.0%8.4%7.6%5.4%5.8%4.7%
 
EBITDA41,94210,86024,17132,09242,4409,64921,25529,36637,8179,55913,23216,766-
EPS319.6円355.1円355.1円355.1円355.1円337.4円337.4円337.4円337.4円337.4円337.4円337.4円138.1円
BPS2,830.5円2,797.7円2,923.5円3,061.9円3,068.9円3,090.3円3,137.2円3,234.7円3,321.3円3,264.3円3,256.2円3,290.1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)275,800287,900287,900287,900287,900296,600296,600296,600296,600302,500302,500302,500235,000
対実績比102.3%25.5%52.1%78.8%101.7%25.6%50.4%76.8%97.8%24.0%40.0%60.7%-
営業利益(期初予)35,40036,10036,10036,10036,10034,50034,50034,50034,50036,00036,00036,00016,500
対実績比101.9%30.1%59.4%88.9%101.0%28.0%54.0%85.1%94.7%26.6%29.3%46.6%-
純利益(期初予)24,10024,50024,50024,50024,50024,80024,80024,80024,80026,30026,30026,30011,000
対実績比96.0%23.3%57.0%91.9%105.0%28.4%51.6%82.9%98.5%20.9%24.7%40.1%-
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9,990円9,340円11,210円11,760円6,680円6,860円8,020円8,490円9,740円8,110円9,240円8,380円-
企業価値542,131489,126635,796657,517281,293292,519381,469397,338487,864379,461456,608394,332-
時価総額723,420676,350811,765851,627483,747496,782580,786614,851705,377587,331669,166606,884-
純有利子負債-187,224-175,969-194,110-202,454-204,263-199,317-210,357-217,513-215,093-207,870-212,558-212,552-
PER(会予)30.0倍27.6倍33.1倍34.8倍19.7倍20.3倍23.4倍24.8倍28.4倍22.3倍-60.7倍-
PBR3.6倍3.3倍4.0倍4.0倍2.2倍2.2倍2.6倍2.6倍3.0倍2.5倍2.8倍2.5倍-
PER × PBR107.4倍91.1倍132.8倍139.8倍43.1倍45.3倍60.8倍65.1倍85.6倍55.5倍-154.6倍-
EV/EBITDA(会予)13.0倍11.7倍15.1倍15.7倍6.7倍6.9倍9.4倍9.8倍12.0倍9.2倍-19.6倍-
PSR(会予)2.6倍2.3倍2.8倍3.0倍1.7倍1.7倍2.0倍2.1倍2.4倍1.9倍-2.6倍-
PCFR(会予)23.7倍22.3倍26.7倍28.0倍15.9倍16.3倍18.9倍20.0倍22.9倍18.7倍129.9倍40.1倍-
配当金70.0円---80.0円---110.0円---110.0円
配当利回り0.7%0.7%0.6%0.6%1.0%1.2%1.0%0.9%0.8%1.4%1.2%1.3%-
配当性向21.9%---22.5%---32.6%----
自己資本配当率2.5%2.9%2.7%2.6%2.6%3.6%3.5%3.4%3.3%3.4%3.4%3.3%-
ROE11.3%12.7%12.1%11.6%11.6%10.9%10.8%10.4%10.2%10.3%10.4%10.3%-
純利益率(再掲)8.2%7.8%9.3%9.9%8.8%9.3%8.6%9.0%8.4%7.6%5.4%5.8%-
総資産回転率0.9回0.9回0.9回0.9回0.9回0.9回0.8回0.8回0.8回0.8回0.8回0.8回-
財務レバレッジ1.5倍1.6倍1.6倍1.5倍1.5倍1.5倍1.5倍1.5倍1.5倍1.5倍1.5倍1.4倍-
実質ROE11.3%12.7%12.1%11.6%11.6%10.9%10.8%10.4%10.2%10.3%10.4%10.3%-
ROIC11.8%13.0%12.4%11.9%11.8%10.3%10.2%9.9%9.6%9.8%9.8%9.7%-
ROA7.3%8.1%7.7%7.5%7.7%7.2%7.0%6.9%6.9%6.9%7.1%7.1%-
β0.590.630.470.490.780.780.710.730.710.740.740.82-
βの決定係数(R2)0.130.160.090.100.230.220.210.220.210.260.290.33-
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187,224175,969194,110202,454204,263199,317210,357217,513215,093207,870212,558212,552-
売上債権30,26140,39441,02539,60431,18342,13239,86139,68731,70837,88728,56931,984-
棚卸資産28,54929,15327,65928,70231,90931,00730,26027,52930,33529,95428,13126,512-
有価証券-------------
前払金-------------
繰延税金資産-------------
貸倒引当金-145-126-128-144-151-166-157-153-155-190-247-236-
流動資産254,531255,446274,756281,895272,560276,801284,684288,522281,343279,792275,615276,719-
固定資産
建物・構築物44,523---43,730---45,083----
機械・運搬具32,590---33,613---34,033----
土地15,678---15,631---15,656----
建設仮勘定1,616---1,083---636----
有形固定資産45,77545,20244,33344,28943,96244,94944,77044,28644,30343,58843,36742,837-
のれん2,662---2,102---1,536----
無形固定資産6,8356,4885,9015,6495,4895,2914,9954,8214,6954,3734,0923,850-
投資有価証券----1,332---10,295----
繰延税金資産6,537---9,615---9,434----
貸倒引当金-218-220-208-207-197-200-198-203-208-203-204-212-
敷金および保証金-------------
投資その他の資産9,4959,5389,8259,84112,86613,95715,73014,81221,54324,34423,52821,214-
固定資産62,10661,22960,05959,78062,31864,19865,49663,92070,54372,30670,98967,902-
総資産316,637316,675334,816341,675334,879341,000350,180352,443351,887352,098346,605344,621-
 
負債
有利子負債合計000000000000-
仕入債務16,89321,24218,98719,09917,66420,87618,56419,31816,55520,08612,48114,238-
前受金24,982---26,699---26,829----
未払法人税等4,9253,7157,7975,7323,7604,3347,2094,9833,5193,6785,330--
繰延税金負債(固定)3,944------------
負債109,737112,107121,571118,352111,368115,844121,629116,777109,848114,174109,285104,799-
 
純資産
資本金7,9937,9938,0088,0088,0088,0088,0218,0218,0218,0218,0218,021-
資本剰余金14,51614,51614,53014,53014,53014,53014,54314,54314,54314,54314,54314,543-
利益剰余金183,475184,118192,370200,916204,123205,372211,131218,895222,768220,306221,287225,355-
自己株式-3-3-4-4-4-4-4-4-4-4-5-5-
非支配株主持分1,9321,9771,5341,5901,2721,3631,3561,4091,5061,5241,5001,554-
純資産206,900204,568213,245223,322223,510225,155228,551235,665242,038237,924237,319239,822-
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35,3028,38020,33832,73036,09010,27818,50529,52634,2638,3389,96015,911-
減価償却費5,104-2,470-5,122-2,366-4,643-2,452--
のれん償却額773-254-872-258-510-237--
減損損失1,829---2---15----
受取利息及び受取配当金-972--638--1,516--1,010--1,838--486--
売上債権の増減額-2,836--11,623--1,885--8,167--173-3,694--
棚卸資産の増減額-1,968--119--4,494-2,235-1,948-2,997--
仕入債務の増減額1,658-3,001-1,884-599--1,427--4,354--
営業CF34,877-17,687-30,203-16,448-30,455-12,583--
投資CF
有価証券の取得-1,5800-1,1010-1,3520-630-9,6820-3,3640-
有価証券の売却・償還000090440053301,3500-
固定資産の購入-6,4590-2,4930-4,6190-2,6450-4,3450-2,0320-
固定資産の売却37800000000000-
貸付け-------------
貸付金の回収-------------
投資CF-34,066-33,554-16,478-20,466-29,645-9,586--
財務CF
短期借入金の純増減額134-122---120---154--
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-------------
自己株式の売却-------------
配当金の支払-5,068--5,068--5,069--5,792--5,793--7,960--
財務CF-4,966--4,959--5,047--5,744--5,908--8,026--
換算差額329--596--2,285--1,949--645--3,404--
その他
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
設備投資額5,82702,49304,24602,64505,21602,0320-
研究開発費-------------
発行済株式総数72,414,347株72,414,347株72,417,289株72,417,269株72,417,269株72,417,269株72,420,648株72,420,648株72,420,619株72,420,619株72,420,576株72,420,548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13,118人---12,982人---13,049人----
売上/従業員(千円)21,514---22,552---22,234----
営利/従業員(千円)2,749---2,807---2,503----
四半期売上(百万円)
売上5y CAGR・予想:-3.0 %
四半期利益(百万円)
営利5y CAGR・予想:-16.9 %
純利5y CAGR・予想:-15.4 %
P/L
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上62,94473,51976,46676,77866,01176,05773,57478,30562,20072,56848,51062,421235,000
前期比108.1%105.2%103.6%101.6%104.9%103.5%96.2%102.0%94.2%95.4%65.9%79.7%81.0%
売上原価40,33845,17747,19147,20742,64947,56645,07648,16439,86544,48230,99038,150-
売上総利益22,60628,34229,27429,57123,36228,49128,49730,14122,33528,08617,52024,271-
%35.9%38.6%38.3%38.5%35.4%37.5%38.7%38.5%35.9%38.7%36.1%38.9%-
販管費17,77417,48118,68818,92519,00918,84219,51519,40519,03718,52616,53618,048-
営業利益4,83110,86010,58710,6454,3549,6498,98210,7353,2989,5599846,22316,500
前期比160.0%111.2%101.5%96.4%90.1%88.8%84.8%100.8%75.7%99.1%11.0%58.0%50.5%
%7.7%14.8%13.8%13.9%6.6%12.7%12.2%13.7%5.3%13.2%2.0%10.0%7.0%
受取利息および受取配当金0-000-000-00-
持分法による投資利益0-000-000-00-
営業外収益4164134785296296765836254454201,283406-
支払利息38151922112219-3397109-
持分法による投資損失0-000-000-00-
営業外費用1502,887-1,140-1,2231,599531,386328-9981,634581682-
経常利益5,0978,38612,20512,3983,38310,2718,18011,0334,7408,3451,6865,94716,000
固定資産売却益9135229-900-00-
投資有価証券売却益0-000-55934242014-
特別利益913522957136242710-
固定資産売却損-14212101282-00-
投資有価証券売却損0-000-000-840-
減損損失1,829-002-0015-00-
特別損失1,85110251825210123932897-
税引前利益3,3388,38011,95812,3923,36010,2788,22711,0214,7378,3381,6225,951-
法人税等1,3272,6303,6423,780803,1562,3993,1697942,7386391,826-
%39.8%31.4%30.5%30.5%2.4%30.7%29.2%28.8%16.8%32.8%39.4%30.7%-
当期純利益2,0115,7498,3168,6123,2817,1225,8287,8523,9435,5999844,124-
非支配株主に帰属する当期純利益9376466738069896995356-
親会社株主に帰属する当期純利益2,0025,7128,2528,5463,2077,0415,7597,7643,8735,5039814,06911,000
前期比39.0%93.8%116.4%107.3%160.2%123.3%69.8%90.8%120.8%78.2%17.0%52.4%45.0%
%3.2%7.8%10.8%11.1%4.9%9.3%7.8%9.9%6.2%7.6%2.0%6.5%4.7%
 
EBITDA41,94210,86024,17132,09242,4409,64921,25529,36637,8179,55913,23216,766-
EPS319.6円355.1円355.1円355.1円355.1円337.4円337.4円337.4円337.4円337.4円337.4円337.4円138.1円
BPS2,830.5円2,797.7円2,923.5円3,061.9円3,068.9円3,090.3円3,137.2円3,234.7円3,321.3円3,264.3円3,256.2円3,290.1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)275,800287,900287,900287,900287,900296,600296,600296,600296,600302,500302,500302,500235,000
対実績比102.3%25.5%52.1%78.8%101.7%25.6%50.4%76.8%97.8%24.0%40.0%60.7%-
営業利益(期初予)35,40036,10036,10036,10036,10034,50034,50034,50034,50036,00036,00036,00016,500
対実績比101.9%30.1%59.4%88.9%101.0%28.0%54.0%85.1%94.7%26.6%29.3%46.6%-
純利益(期初予)24,10024,50024,50024,50024,50024,80024,80024,80024,80026,30026,30026,30011,000
対実績比96.0%23.3%57.0%91.9%105.0%28.4%51.6%82.9%98.5%20.9%24.7%40.1%-
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9,990円9,340円11,210円11,760円6,680円6,860円8,020円8,490円9,740円8,110円9,240円8,380円-
企業価値542,131489,126635,796657,517281,293292,519381,469397,338487,864379,461456,608394,332-
時価総額723,420676,350811,765851,627483,747496,782580,786614,851705,377587,331669,166606,884-
純有利子負債-187,224-175,969-194,110-202,454-204,263-199,317-210,357-217,513-215,093-207,870-212,558-212,552-
PER(会予)30.0倍27.6倍33.1倍34.8倍19.7倍20.3倍23.4倍24.8倍28.4倍22.3倍-60.7倍-
PBR3.6倍3.3倍4.0倍4.0倍2.2倍2.2倍2.6倍2.6倍3.0倍2.5倍2.8倍2.5倍-
PER × PBR107.4倍91.1倍132.8倍139.8倍43.1倍45.3倍60.8倍65.1倍85.6倍55.5倍-154.6倍-
EV/EBITDA(会予)13.0倍11.7倍15.1倍15.7倍6.7倍6.9倍9.4倍9.8倍12.0倍9.2倍-19.6倍-
PSR(会予)2.6倍2.3倍2.8倍3.0倍1.7倍1.7倍2.0倍2.1倍2.4倍1.9倍-2.6倍-
PCFR(会予)23.7倍22.3倍26.7倍28.0倍15.9倍16.3倍18.9倍20.0倍22.9倍18.7倍129.9倍40.1倍-
配当金70.0円---80.0円---110.0円---110.0円
配当利回り0.7%0.7%0.6%0.6%1.0%1.2%1.0%0.9%0.8%1.4%1.2%1.3%-
配当性向21.9%---22.5%---32.6%----
自己資本配当率2.5%2.9%2.7%2.6%2.6%3.6%3.5%3.4%3.3%3.4%3.4%3.3%-
ROE11.3%12.7%12.1%11.6%11.6%10.9%10.8%10.4%10.2%10.3%10.4%10.3%-
純利益率(再掲)8.2%7.8%9.3%9.9%8.8%9.3%8.6%9.0%8.4%7.6%5.4%5.8%-
総資産回転率0.9回0.9回0.9回0.9回0.9回0.9回0.8回0.8回0.8回0.8回0.8回0.8回-
財務レバレッジ1.5倍1.6倍1.6倍1.5倍1.5倍1.5倍1.5倍1.5倍1.5倍1.5倍1.5倍1.4倍-
実質ROE11.3%12.7%12.1%11.6%11.6%10.9%10.8%10.4%10.2%10.3%10.4%10.3%-
ROIC11.8%13.0%12.4%11.9%11.8%10.3%10.2%9.9%9.6%9.8%9.8%9.7%-
ROA7.3%8.1%7.7%7.5%7.7%7.2%7.0%6.9%6.9%6.9%7.1%7.1%-
β0.590.630.470.490.780.780.710.730.710.740.740.82-
βの決定係数(R2)0.130.160.090.100.230.220.210.220.210.260.290.33-
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187,224175,969194,110202,454204,263199,317210,357217,513215,093207,870212,558212,552-
売上債権30,26140,39441,02539,60431,18342,13239,86139,68731,70837,88728,56931,984-
棚卸資産28,54929,15327,65928,70231,90931,00730,26027,52930,33529,95428,13126,512-
有価証券-------------
前払金-------------
繰延税金資産-------------
貸倒引当金-145-126-128-144-151-166-157-153-155-190-247-236-
流動資産254,531255,446274,756281,895272,560276,801284,684288,522281,343279,792275,615276,719-
固定資産
建物・構築物44,523---43,730---45,083----
機械・運搬具32,590---33,613---34,033----
土地15,678---15,631---15,656----
建設仮勘定1,616---1,083---636----
有形固定資産45,77545,20244,33344,28943,96244,94944,77044,28644,30343,58843,36742,837-
のれん2,662---2,102---1,536----
無形固定資産6,8356,4885,9015,6495,4895,2914,9954,8214,6954,3734,0923,850-
投資有価証券----1,332---10,295----
繰延税金資産6,537---9,615---9,434----
貸倒引当金-218-220-208-207-197-200-198-203-208-203-204-212-
敷金および保証金-------------
投資その他の資産9,4959,5389,8259,84112,86613,95715,73014,81221,54324,34423,52821,214-
固定資産62,10661,22960,05959,78062,31864,19865,49663,92070,54372,30670,98967,902-
総資産316,637316,675334,816341,675334,879341,000350,180352,443351,887352,098346,605344,621-
 
負債
有利子負債合計000000000000-
仕入債務16,89321,24218,98719,09917,66420,87618,56419,31816,55520,08612,48114,238-
前受金24,982---26,699---26,829----
未払法人税等4,9253,7157,7975,7323,7604,3347,2094,9833,5193,6785,330--
繰延税金負債(固定)3,944------------
負債109,737112,107121,571118,352111,368115,844121,629116,777109,848114,174109,285104,799-
 
純資産
資本金7,9937,9938,0088,0088,0088,0088,0218,0218,0218,0218,0218,021-
資本剰余金14,51614,51614,53014,53014,53014,53014,54314,54314,54314,54314,54314,543-
利益剰余金183,475184,118192,370200,916204,123205,372211,131218,895222,768220,306221,287225,355-
自己株式-3-3-4-4-4-4-4-4-4-4-5-5-
非支配株主持分1,9321,9771,5341,5901,2721,3631,3561,4091,5061,5241,5001,554-
純資産206,900204,568213,245223,322223,510225,155228,551235,665242,038237,924237,319239,822-
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35,3028,38020,33832,73036,09010,27818,50529,52634,2638,3389,96015,911-
減価償却費5,104-2,470-5,122-2,366-4,643-2,452--
のれん償却額773-254-872-258-510-237--
減損損失1,829-002-0015-00-
受取利息及び受取配当金-972--638--1,516--1,010--1,838--486--
売上債権の増減額-2,836--11,623--1,885--8,167--173-3,694--
棚卸資産の増減額-1,968--119--4,494-2,235-1,948-2,997--
仕入債務の増減額1,658-3,001-1,884-599--1,427--4,354--
営業CF34,877-17,687-30,203-16,448-30,455-12,583--
投資CF
有価証券の取得-1,5800-1,1010-1,3520-630-9,6820-3,3640-
有価証券の売却・償還000090440053301,3500-
固定資産の購入-6,4590-2,4930-4,6190-2,6450-4,3450-2,0320-
固定資産の売却37800000000000-
貸付け-------------
貸付金の回収-------------
投資CF-34,066-33,554-16,478-20,466-29,645-9,586--
財務CF
短期借入金の純増減額134-122---120---154--
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-------------
自己株式の売却-------------
配当金の支払-5,068--5,068--5,069--5,792--5,793--7,960--
財務CF-4,966--4,959--5,047--5,744--5,908--8,026--
換算差額329--596--2,285--1,949--645--3,404--
その他
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
設備投資額5,82702,49304,24602,64505,21602,0320-
研究開発費-------------
発行済株式総数72,414,347株72,414,347株72,417,289株72,417,269株72,417,269株72,417,269株72,420,648株72,420,648株72,420,619株72,420,619株72,420,576株72,420,548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13,118人---12,982人---13,049人----
売上/従業員(千円)21,514---22,552---22,234----
営利/従業員(千円)2,749---2,807---2,503----