通期売上(百万円)
売上5y CAGR・予想:-8.2 %
通期利益(百万円)
営利5y CAGR・予想:-15.5 %
純利5y CAGR・予想:-20.0 %
P/L
2018.62019.62020.62021.6E
売上249,271220,721185,402165,000
前期比107.5%88.5%84.0%89.0%
売上原価176,163155,845134,805-
売上総利益73,10864,87650,596-
%29.3%29.4%27.3%-
販管費37,75741,04734,638-
営業利益35,35123,82815,95815,000
前期比120.0%67.4%67.0%94.0%
%14.2%10.8%8.6%9.1%
受取利息および受取配当金627870805-
持分法による投資利益426346494-
営業外収益2,6312,8163,511-
支払利息349293437-
持分法による投資損失----
営業外費用1,0761,0691,418-
経常利益36,90725,57518,05216,000
固定資産売却益-7547-
投資有価証券売却益2,0021,7103,261-
特別利益2,0022,0883,308-
固定資産売却損----
投資有価証券売却損----
減損損失-331175-
特別損失382515239-
税引前利益38,52727,14821,122-
法人税等1,3727,1609,386-
%3.6%26.4%44.4%-
当期純利益37,15519,98811,736-
非支配株主に帰属する当期純利益1,2501,323967-
親会社株主に帰属する当期純利益35,90418,66510,76910,000
前期比146.7%52.0%57.7%92.9%
%14.4%8.5%5.8%6.1%
 
EBITDA41,89230,76623,807-
EPS728.7円378.8円218.7円213.2円
BPS2,994.1円3,062.4円3,132.2円-
期初会社予想
2018.62019.62020.62021.6E
売上高(期初予)239,000255,000205,000165,000
対実績比104.3%86.6%90.4%-
営業利益(期初予)31,00036,50022,50015,000
対実績比114.0%65.3%70.9%-
純利益(期初予)25,50025,50015,50010,000
対実績比140.8%73.2%69.5%-
配当
ROEデュポン分解
β
マルチプル
2018.62019.62020.62021.6E
株価4,240円3,415円3,110円-
企業価値186,996151,799124,973-
時価総額208,920168,288153,159-
純有利子負債-20,478-22,117-28,186-
PER(会予)6.8倍9.6倍14.6倍-
PBR1.6倍1.1倍1.0倍-
PER × PBR10.7倍10.7倍14.5倍-
EV/EBITDA(会予)4.5倍5.1倍6.3倍-
PSR(会予)0.8倍0.7倍0.8倍-
PCFR(会予)5.7倍7.0倍8.3倍-
配当金95.0円105.0円80.0円80.0円
配当利回り1.2%2.8%2.6%-
配当性向13.0%27.7%36.6%-
自己資本配当率3.2%3.4%2.6%-
ROE24.3%12.4%7.0%-
純利益率(再掲)14.4%8.5%5.8%-
総資産回転率0.8回0.8回0.7回-
財務レバレッジ2.0倍1.9倍1.8倍-
実質ROE24.3%12.3%7.0%-
ROIC18.5%8.9%3.2%-
ROA12.1%6.6%3.8%-
β1.051.301.31-
βの決定係数(R2)0.120.230.30-
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
2018.62019.62020.62021.6E
流動資産
現金57,07458,55780,694-
売上債権87,27677,23666,702-
棚卸資産39,08039,77335,104-
有価証券----
前払金----
繰延税金資産5,032---
貸倒引当金-914-444-419-
流動資産192,026181,962188,985-
固定資産
建物・構築物80,98280,54681,850-
機械・運搬具69,54371,50076,740-
土地8,6248,3578,344-
建設仮勘定4,9077,2264,213-
有形固定資産64,29765,68765,189-
のれん----
無形固定資産3,4543,4463,278-
投資有価証券25,56213,79711,869-
繰延税金資産7,31510,180--
貸倒引当金-2,048-4,462-2,422-
敷金および保証金----
投資その他の資産37,64131,20724,898-
固定資産105,392100,34093,365-
総資産297,418282,302282,350-
 
負債
有利子負債合計36,59636,44052,508-
仕入債務55,56640,74831,439-
前受金16,73915,84911,569-
未払法人税等4,5342,8021,340-
繰延税金負債(固定)2216--
負債143,348124,714121,256-
 
純資産
資本金20,87320,87320,873-
資本剰余金3,9123,9123,912-
利益剰余金107,238120,985126,571-
自己株式-266-247-349-
非支配株主持分6,5386,6766,840-
純資産154,069157,588161,093-
キャッシュフロー(百万円)
C/S
2018.62019.62020.62021.6E
営業CF
税金等調整前当期純利益38,52727,14821,122-
減価償却費6,5416,9387,849-
のれん償却額----
減損損失-331175-
受取利息及び受取配当金-628-870-806-
売上債権の増減額-16,7487,5089,941-
棚卸資産の増減額-9,878-3,1852,718-
仕入債務の増減額6,789-13,913-7,985-
営業CF19,08618,28218,738-
投資CF
有価証券の取得000-
有価証券の売却・償還2,1711,7793,371-
固定資産の購入-9,869-11,338-8,828-
固定資産の売却192311,175-
貸付け----
貸付金の回収----
投資CF-1,564-9,448-4,143-
財務CF
短期借入金の純増減額-5,157-7,288-3,785-
長期借入れ9,40015,10026,689-
長期借入金の返済-11,282-7,929-8,607-
社債の発行----
社債の償還----
自己株式の取得00-120-
自己株式の売却----
配当金の支払-2,464-4,683-5,175-
財務CF-10,734-5,8447,455-
換算差額4-90839-
その他
2018.62019.62020.62021.6E
設備投資額12,92512,7509,555-
研究開発費-9,2098,353-
発行済株式総数49,273,602株49,279,146株49,247,220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
2018.62019.62020.62021.6E
従業員数6,439人6,424人6,370人-
売上/従業員(千円)38,71334,35929,105-
営利/従業員(千円)5,4903,7092,505-
四半期売上(百万円)
売上5y CAGR・予想:-8.2 %
四半期利益(百万円)
営利5y CAGR・予想:-15.5 %
純利5y CAGR・予想:-20.0 %
P/L
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上60,943125,277190,164249,27161,728116,794168,897220,72146,77596,749142,505185,402165,000
前期比121.7%111.8%110.3%107.5%101.3%93.2%88.8%88.5%75.8%82.8%84.4%84.0%89.0%
売上原価42,92988,149132,928176,16344,01782,014118,332155,84534,70771,088103,111134,805-
売上総利益18,01337,12957,23573,10817,71034,78050,56564,87612,06825,66139,39450,596-
%29.6%29.6%30.1%29.3%28.7%29.8%29.9%29.4%25.8%26.5%27.6%27.3%-
販管費9,11318,43027,42837,7579,03919,29328,63741,0477,17117,26626,19434,638-
営業利益8,90018,69929,80735,3518,67115,48721,92923,8284,8978,39613,20015,95815,000
前期比138.6%129.8%128.6%120.0%97.4%82.8%73.6%67.4%56.5%54.2%60.2%67.0%94.0%
%14.6%14.9%15.7%14.2%14.0%13.3%13.0%10.8%10.5%8.7%9.3%8.6%9.1%
受取利息および受取配当金165247472627230375755870211439666805-
持分法による投資利益4220931742638165210346101248337494-
営業外収益5101,5632,1632,6315211,3942,0962,8161,3662,1912,8983,511-
支払利息1021932763497714021629393181327437-
持分法による投資損失-------------
営業外費用2365998621,0762155098861,0691876381,0471,418-
経常利益9,17419,66231,10836,9078,97716,37323,13825,5756,0769,94915,05018,05216,000
固定資産売却益-------75---47-
投資有価証券売却益-2,0022,0022,002--1,7101,710623,2613,2613,261-
特別利益-2,0022,0022,002-3032,0132,088623,2613,2613,308-
固定資産売却損-------------
投資有価証券売却損-------------
減損損失------131331460175175-
特別損失315279382--131515460175239-
税引前利益9,14221,61233,03238,5278,97716,67625,02027,1486,13413,15018,13621,122-
法人税等2,4204,6216,7381,3722,6054,8806,7577,1602,4984,8926,5409,386-
%26.5%21.4%20.4%3.6%29.0%29.3%27.0%26.4%40.7%37.2%36.1%44.4%-
当期純利益6,72316,99126,29337,1556,37211,79618,26319,9883,6378,25811,59611,736-
非支配株主に帰属する当期純利益3906749871,2502895639911,323193471603967-
親会社株主に帰属する当期純利益6,33316,31725,30735,9046,08311,23417,27218,6653,4437,78710,99310,76910,000
前期比124.7%144.3%141.3%146.7%96.1%68.8%68.2%52.0%56.6%69.3%63.6%57.7%92.9%
%10.4%13.0%13.3%14.4%9.9%9.6%10.2%8.5%7.4%8.0%7.7%5.8%6.1%
 
EBITDA10,47221,91734,64741,89210,35018,88827,08730,7666,77612,24118,98723,807-
EPS728.7円728.7円728.7円728.7円378.8円378.8円378.8円378.8円218.5円218.5円218.5円218.7円213.2円
BPS2,094.7円2,528.2円2,718.3円2,994.1円2,939.3円2,930.8円3,059.0円3,062.4円3,035.1円3,125.6円3,140.2円3,132.2円-
期初会社予想
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上高(期初予)239,000239,000239,000239,000255,000255,000255,000255,000205,000205,000205,000205,000165,000
対実績比25.5%52.4%79.6%104.3%24.2%45.8%66.2%86.6%22.8%47.2%69.5%90.4%-
営業利益(期初予)31,00031,00031,00031,00036,50036,50036,50036,50022,50022,50022,50022,50015,000
対実績比28.7%60.3%96.2%114.0%23.8%42.4%60.1%65.3%21.8%37.3%58.7%70.9%-
純利益(期初予)25,50025,50025,50025,50025,50025,50025,50025,50015,50015,50015,50015,50010,000
対実績比24.8%64.0%99.2%140.8%23.9%44.1%67.7%73.2%22.2%50.2%70.9%69.5%-
配当
ROEデュポン分解
β
マルチプル
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
株価7,070円7,100円5,970円4,240円4,265円3,190円3,200円3,415円4,340円4,345円2,590円3,110円-
企業価値335,656329,650264,695186,996189,674133,995144,625151,799198,426198,673106,505124,973-
時価総額348,356349,834294,156208,920210,152157,183157,693168,288213,871214,118127,646153,159-
純有利子負債-20,184-29,461-21,924-20,478-23,188-13,068-16,489-22,117-15,445-22,898-21,141-28,186-
PER(会予)13.7倍12.7倍9.6倍6.8倍8.2倍6.2倍9.9倍9.6倍13.8倍13.8倍11.8倍14.6倍-
PBR3.5倍3.4倍2.4倍1.6倍1.4倍1.1倍1.1倍1.1倍1.4倍1.4倍0.8倍1.0倍-
PER × PBR48.2倍43.1倍22.8倍10.7倍11.7倍6.7倍10.8倍10.7倍19.7倍19.8倍9.7倍14.5倍-
EV/EBITDA(会予)9.0倍8.4倍6.3倍4.5倍4.4倍3.1倍4.8倍5.1倍6.7倍6.7倍4.9倍6.3倍-
PSR(会予)1.5倍1.4倍1.2倍0.8倍0.8倍0.6倍0.7倍0.7倍1.0倍1.0倍0.6倍0.8倍-
PCFR(会予)10.9倍10.3倍8.0倍5.7倍6.6倍4.9倍7.0倍7.0倍9.5倍9.5倍7.2倍8.3倍-
配当金---95.0円---105.0円---80.0円80.0円
配当利回り0.7%0.7%0.8%1.2%2.2%3.0%3.0%2.8%2.4%2.4%4.1%2.6%-
配当性向---13.0%---27.7%---36.6%-
自己資本配当率4.5%3.8%3.5%3.2%3.6%3.6%3.4%3.4%2.6%2.6%2.5%2.6%-
ROE34.8%28.8%26.8%24.3%12.9%12.9%12.4%12.4%7.2%7.0%7.0%7.0%-
純利益率(再掲)10.4%13.0%13.3%14.4%9.9%9.6%10.2%8.5%7.4%8.0%7.7%5.8%-
総資産回転率1.0回0.9回0.9回0.8回0.8回0.8回0.7回0.8回0.7回0.6回0.6回0.7回-
財務レバレッジ2.5倍2.3倍2.2倍2.0倍2.0倍2.0倍2.0倍1.9倍1.9倍1.9倍1.9倍1.8倍-
実質ROE34.7%28.8%26.8%24.3%12.9%12.9%12.4%12.3%7.2%7.0%6.9%7.0%-
ROIC23.4%20.6%19.8%18.5%9.3%9.2%8.7%8.9%3.5%3.2%3.1%3.2%-
ROA14.0%12.7%12.3%12.1%6.4%6.6%6.3%6.6%3.9%3.6%3.8%3.8%-
β0.750.540.711.051.041.101.221.301.251.231.341.31-
βの決定係数(R2)0.060.030.060.120.120.160.200.230.230.220.280.30-
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.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
流動資産
現金62,27069,71559,94057,07457,87649,02558,05958,55752,67877,36975,57180,694-
売上債権75,37973,80086,12587,27684,64289,60388,43277,23675,44474,07970,83766,702-
棚卸資産33,00235,99137,42739,08041,59141,11443,62439,77343,46539,46737,64435,104-
有価証券-------------
前払金-------------
繰延税金資産5,6745,4515,7615,032---------
貸倒引当金-874-926-916-914-532-554-512-444-437-410-462-419-
流動資産180,966191,233197,277192,026190,487187,416197,563181,962176,655195,950189,676188,985-
固定資産
建物・構築物31,97632,38131,56880,98231,45030,66530,55280,54629,35829,28228,49481,850-
機械・運搬具14,06114,22613,77669,54316,66415,45814,90471,50017,38117,38416,19076,740-
土地8,0968,0978,0968,6248,6408,6878,6218,3578,3568,3418,3358,344-
建設仮勘定3,7495,5727,0954,9074,6406,0907,1907,2266,2938,7328,2854,213-
有形固定資産60,33962,78662,97264,29764,08063,53863,87965,68765,92768,12765,47465,189-
のれん-------------
無形固定資産3,6513,5883,3903,4543,3703,2563,2653,4463,3423,2783,1313,278-
投資有価証券4,70918,65421,43325,56218,97312,62013,08113,79716,57413,76812,14811,869-
繰延税金資産2,3062,4542,4657,3158,7649,76810,09010,180-----
貸倒引当金-2,051-2,050-2,048-2,048-2,048-2,282-2,067-4,462-2,087-2,083-2,424-2,422-
敷金および保証金-------------
投資その他の資産12,06726,02728,70237,64132,50829,77930,35931,20732,23929,48328,13624,898-
固定資産76,05792,40195,064105,39299,95996,57397,503100,340101,508100,88896,74193,365-
総資産257,023283,634292,342297,418290,446283,989295,066282,302278,163296,838286,417282,350-
 
負債
有利子負債合計42,08640,25438,01636,59634,68835,95741,57036,44037,23354,47154,43052,508-
仕入債務51,75053,51856,49555,56656,53351,91745,71140,74838,16739,26232,92031,439-
前受金24,06423,66819,68616,73916,00215,92719,68515,84917,36112,58911,79311,569-
未払法人税等1,9073,3164,2444,5342,4602,7732,7582,8022,1532,0691,8651,340-
繰延税金負債(固定)1,4725,7146,5952215151816-----
負債147,900152,738152,089143,348139,229133,262137,839124,714122,363136,147125,091121,256-
 
純資産
資本金20,87320,87320,87320,87320,87320,87320,87320,87320,87320,87320,87320,873-
資本剰余金3,9123,9123,9123,9123,9123,9123,9123,9123,9123,9123,9123,912-
利益剰余金77,66687,65196,640107,238108,398113,555119,594120,985118,992123,589126,796126,571-
自己株式-271-271-266-266-266-247-247-247-247-230-230-349-
非支配株主持分5,9146,3256,3106,5386,3896,3016,4846,6766,2336,6516,5646,840-
純資産109,123130,895140,252154,069151,217150,726157,227157,588155,800160,692161,326161,093-
キャッシュフロー(百万円)
C/S
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
営業CF
税金等調整前当期純利益9,14221,61233,03238,5278,97716,67625,02027,1486,13413,15018,13621,122-
減価償却費1,5723,2184,8406,5411,6793,4015,1586,9381,8793,8455,7877,849-
のれん償却額-------------
減損損失------131331460175175-
受取利息及び受取配当金-165-247-472-628-230-375-754-870-210-439-666-806-
売上債権の増減額-4,508-1,510-15,111-16,7483,175-3,654-2,5687,5081,8074,5435,7349,941-
棚卸資産の増減額-2,531-4,991-7,421-9,878-2,160-2,861-5,593-3,185-4,915-3458472,718-
仕入債務の増減額2,7093,8007,3806,789551-3,557-9,645-13,913-1,788-1,221-6,586-7,985-
営業CF12,35121,48116,81219,08610,7195,3689,23218,2823,5119,7469,18518,738-
投資CF
有価証券の取得000000000000-
有価証券の売却・償還02,1712,1712,171001,7791,779953,3713,3713,371-
固定資産の購入-1,642-4,148-6,396-9,869-2,988-6,476-8,706-11,338-2,155-4,660-6,659-8,828-
固定資産の売却0014190020231001,1751,175-
貸付け-------------
貸付金の回収-------------
投資CF-2,142-2,6532,884-1,564-3,217-5,039-5,429-9,448-462369-408-4,143-
財務CF
短期借入金の純増減額73-4,551-4,596-5,157-24-6,897-2,908-7,288875-3,177-3,402-3,785-
長期借入れ-8,2008,2009,400-10,20013,90015,100-23,30025,70026,689-
長期借入金の返済-1,764-7,231-9,304-11,282-2,000-3,985-5,982-7,929-1,984-3,949-6,006-8,607-
社債の発行-------------
社債の償還-------------
自己株式の取得-000-000000-120-
自己株式の売却-------------
配当金の支払-2,384-2,463-2,464-2,464-4,509-4,679-4,681-4,683-4,955-5,169-5,173-5,175-
財務CF-4,911-6,974-9,177-10,734-7,164-6,098-500-5,844-6,8769,9809,8927,455-
換算差額2348452234438-36-53-908-383337-1939-
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額1,6424,1486,39612,9252,9886,4768,70612,7502,1554,6606,6599,555-
研究開発費-------9,209---8,353-
発行済株式総数49,272,361株49,272,314株49,273,602株49,273,602株49,273,602株49,279,146株49,279,146株49,279,146株49,279,120株49,284,120株49,284,120株49,247,220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.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
従業員数---6,439人---6,424人---6,370人-
売上/従業員(千円)---38,713---34,359---29,105-
営利/従業員(千円)---5,490---3,709---2,505-
四半期売上(百万円)
売上5y CAGR・予想:-8.2 %
四半期利益(百万円)
営利5y CAGR・予想:-15.5 %
純利5y CAGR・予想:-20.0 %
P/L
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上60,94364,33464,88759,10761,72855,06652,10351,82446,77549,97445,75642,897165,000
前期比121.7%103.8%107.5%99.4%101.3%85.6%80.3%87.7%75.8%90.8%87.8%82.8%89.0%
売上原価42,92945,22044,77943,23544,01737,99736,31837,51334,70736,38132,02331,694-
売上総利益18,01319,11620,10615,87317,71017,07015,78514,31112,06813,59313,73311,202-
%29.6%29.7%31.0%26.9%28.7%31.0%30.3%27.6%25.8%27.2%30.0%26.1%-
販管費9,1139,3178,99810,3299,03910,2549,34412,4107,17110,0958,9288,444-
営業利益8,9009,79911,1085,5448,6716,8166,4421,8994,8973,4994,8042,75815,000
前期比138.6%122.7%126.5%88.3%97.4%69.6%58.0%34.3%56.5%51.3%74.6%145.2%94.0%
%14.6%15.2%17.1%9.4%14.0%12.4%12.4%3.7%10.5%7.0%10.5%6.4%9.1%
受取利息および受取配当金165000230000211000-
持分法による投資利益42167108109381274513610114789157-
営業外収益5101,0536004685218737027201,366825707613-
支払利息102918373776376779388146110-
持分法による投資損失-000-000-000-
営業外費用236363263214215294377183187451409371-
経常利益9,17410,48811,4465,7998,9777,3966,7652,4376,0763,8735,1013,00216,000
固定資産売却益-000-0075-0047-
投資有価証券売却益-2,00200-01,7100623,19900-
特別利益-2,00200-3031,71075623,199047-
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-000-01312004561150-
特別損失312127303-013138445611564-
税引前利益9,14212,47011,4205,4958,9777,6998,3442,1286,1347,0164,9862,986-
法人税等2,4202,2012,117-5,3662,6052,2751,8774032,4982,3941,6482,846-
%26.5%17.7%18.5%-97.7%29.0%29.5%22.5%18.9%40.7%34.1%33.1%95.3%-
当期純利益6,72310,2689,30210,8626,3725,4246,4671,7253,6374,6213,338140-
非支配株主に帰属する当期純利益390284313263289274428332193278132364-
親会社株主に帰属する当期純利益6,3339,9848,99010,5976,0835,1516,0381,3933,4434,3443,206-22410,000
前期比124.7%160.4%136.2%161.4%96.1%51.6%67.2%13.1%56.6%84.3%53.1%-16.1%92.9%
%10.4%15.5%13.9%17.9%9.9%9.4%11.6%2.7%7.4%8.7%7.0%-0.5%6.1%
 
EBITDA10,47221,91734,64741,89210,35018,88827,08730,7666,77612,24118,98723,807-
EPS728.7円728.7円728.7円728.7円378.8円378.8円378.8円378.8円218.5円218.5円218.5円218.7円213.2円
BPS2,094.7円2,528.2円2,718.3円2,994.1円2,939.3円2,930.8円3,059.0円3,062.4円3,035.1円3,125.6円3,140.2円3,132.2円-
期初会社予想
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
売上高(期初予)239,000239,000239,000239,000255,000255,000255,000255,000205,000205,000205,000205,000165,000
対実績比25.5%52.4%79.6%104.3%24.2%45.8%66.2%86.6%22.8%47.2%69.5%90.4%-
営業利益(期初予)31,00031,00031,00031,00036,50036,50036,50036,50022,50022,50022,50022,50015,000
対実績比28.7%60.3%96.2%114.0%23.8%42.4%60.1%65.3%21.8%37.3%58.7%70.9%-
純利益(期初予)25,50025,50025,50025,50025,50025,50025,50025,50015,50015,50015,50015,50010,000
対実績比24.8%64.0%99.2%140.8%23.9%44.1%67.7%73.2%22.2%50.2%70.9%69.5%-
配当
ROEデュポン分解
β
マルチプル
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
株価7,070円7,100円5,970円4,240円4,265円3,190円3,200円3,415円4,340円4,345円2,590円3,110円-
企業価値335,656329,650264,695186,996189,674133,995144,625151,799198,426198,673106,505124,973-
時価総額348,356349,834294,156208,920210,152157,183157,693168,288213,871214,118127,646153,159-
純有利子負債-20,184-29,461-21,924-20,478-23,188-13,068-16,489-22,117-15,445-22,898-21,141-28,186-
PER(会予)13.7倍12.7倍9.6倍6.8倍8.2倍6.2倍9.9倍9.6倍13.8倍13.8倍11.8倍14.6倍-
PBR3.5倍3.4倍2.4倍1.6倍1.4倍1.1倍1.1倍1.1倍1.4倍1.4倍0.8倍1.0倍-
PER × PBR48.2倍43.1倍22.8倍10.7倍11.7倍6.7倍10.8倍10.7倍19.7倍19.8倍9.7倍14.5倍-
EV/EBITDA(会予)9.0倍8.4倍6.3倍4.5倍4.4倍3.1倍4.8倍5.1倍6.7倍6.7倍4.9倍6.3倍-
PSR(会予)1.5倍1.4倍1.2倍0.8倍0.8倍0.6倍0.7倍0.7倍1.0倍1.0倍0.6倍0.8倍-
PCFR(会予)10.9倍10.3倍8.0倍5.7倍6.6倍4.9倍7.0倍7.0倍9.5倍9.5倍7.2倍8.3倍-
配当金---95.0円---105.0円---80.0円80.0円
配当利回り0.7%0.7%0.8%1.2%2.2%3.0%3.0%2.8%2.4%2.4%4.1%2.6%-
配当性向---13.0%---27.7%---36.6%-
自己資本配当率4.5%3.8%3.5%3.2%3.6%3.6%3.4%3.4%2.6%2.6%2.5%2.6%-
ROE34.8%28.8%26.8%24.3%12.9%12.9%12.4%12.4%7.2%7.0%7.0%7.0%-
純利益率(再掲)10.4%13.0%13.3%14.4%9.9%9.6%10.2%8.5%7.4%8.0%7.7%5.8%-
総資産回転率1.0回0.9回0.9回0.8回0.8回0.8回0.7回0.8回0.7回0.6回0.6回0.7回-
財務レバレッジ2.5倍2.3倍2.2倍2.0倍2.0倍2.0倍2.0倍1.9倍1.9倍1.9倍1.9倍1.8倍-
実質ROE34.7%28.8%26.8%24.3%12.9%12.9%12.4%12.3%7.2%7.0%6.9%7.0%-
ROIC23.4%20.6%19.8%18.5%9.3%9.2%8.7%8.9%3.5%3.2%3.1%3.2%-
ROA14.0%12.7%12.3%12.1%6.4%6.6%6.3%6.6%3.9%3.6%3.8%3.8%-
β0.750.540.711.051.041.101.221.301.251.231.341.31-
βの決定係数(R2)0.060.030.060.120.120.160.200.230.230.220.280.30-
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.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
流動資産
現金62,27069,71559,94057,07457,87649,02558,05958,55752,67877,36975,57180,694-
売上債権75,37973,80086,12587,27684,64289,60388,43277,23675,44474,07970,83766,702-
棚卸資産33,00235,99137,42739,08041,59141,11443,62439,77343,46539,46737,64435,104-
有価証券-------------
前払金-------------
繰延税金資産5,6745,4515,7615,032---------
貸倒引当金-874-926-916-914-532-554-512-444-437-410-462-419-
流動資産180,966191,233197,277192,026190,487187,416197,563181,962176,655195,950189,676188,985-
固定資産
建物・構築物31,97632,38131,56880,98231,45030,66530,55280,54629,35829,28228,49481,850-
機械・運搬具14,06114,22613,77669,54316,66415,45814,90471,50017,38117,38416,19076,740-
土地8,0968,0978,0968,6248,6408,6878,6218,3578,3568,3418,3358,344-
建設仮勘定3,7495,5727,0954,9074,6406,0907,1907,2266,2938,7328,2854,213-
有形固定資産60,33962,78662,97264,29764,08063,53863,87965,68765,92768,12765,47465,189-
のれん-------------
無形固定資産3,6513,5883,3903,4543,3703,2563,2653,4463,3423,2783,1313,278-
投資有価証券4,70918,65421,43325,56218,97312,62013,08113,79716,57413,76812,14811,869-
繰延税金資産2,3062,4542,4657,3158,7649,76810,09010,180-----
貸倒引当金-2,051-2,050-2,048-2,048-2,048-2,282-2,067-4,462-2,087-2,083-2,424-2,422-
敷金および保証金-------------
投資その他の資産12,06726,02728,70237,64132,50829,77930,35931,20732,23929,48328,13624,898-
固定資産76,05792,40195,064105,39299,95996,57397,503100,340101,508100,88896,74193,365-
総資産257,023283,634292,342297,418290,446283,989295,066282,302278,163296,838286,417282,350-
 
負債
有利子負債合計42,08640,25438,01636,59634,68835,95741,57036,44037,23354,47154,43052,508-
仕入債務51,75053,51856,49555,56656,53351,91745,71140,74838,16739,26232,92031,439-
前受金24,06423,66819,68616,73916,00215,92719,68515,84917,36112,58911,79311,569-
未払法人税等1,9073,3164,2444,5342,4602,7732,7582,8022,1532,0691,8651,340-
繰延税金負債(固定)1,4725,7146,5952215151816-----
負債147,900152,738152,089143,348139,229133,262137,839124,714122,363136,147125,091121,256-
 
純資産
資本金20,87320,87320,87320,87320,87320,87320,87320,87320,87320,87320,87320,873-
資本剰余金3,9123,9123,9123,9123,9123,9123,9123,9123,9123,9123,9123,912-
利益剰余金77,66687,65196,640107,238108,398113,555119,594120,985118,992123,589126,796126,571-
自己株式-271-271-266-266-266-247-247-247-247-230-230-349-
非支配株主持分5,9146,3256,3106,5386,3896,3016,4846,6766,2336,6516,5646,840-
純資産109,123130,895140,252154,069151,217150,726157,227157,588155,800160,692161,326161,093-
キャッシュフロー(百万円)
C/S
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
営業CF
税金等調整前当期純利益9,14221,61233,03238,5278,97716,67625,02027,1486,13413,15018,13621,122-
減価償却費1,5723,2184,8406,5411,6793,4015,1586,9381,8793,8455,7877,849-
のれん償却額-------------
減損損失-000-01312004561150-
受取利息及び受取配当金-165-247-472-628-230-375-754-870-210-439-666-806-
売上債権の増減額-4,508-1,510-15,111-16,7483,175-3,654-2,5687,5081,8074,5435,7349,941-
棚卸資産の増減額-2,531-4,991-7,421-9,878-2,160-2,861-5,593-3,185-4,915-3458472,718-
仕入債務の増減額2,7093,8007,3806,789551-3,557-9,645-13,913-1,788-1,221-6,586-7,985-
営業CF12,35121,48116,81219,08610,7195,3689,23218,2823,5119,7469,18518,738-
投資CF
有価証券の取得000000000000-
有価証券の売却・償還02,1712,1712,171001,7791,779953,3713,3713,371-
固定資産の購入-1,642-4,148-6,396-9,869-2,988-6,476-8,706-11,338-2,155-4,660-6,659-8,828-
固定資産の売却0014190020231001,1751,175-
貸付け-------------
貸付金の回収-------------
投資CF-2,142-2,6532,884-1,564-3,217-5,039-5,429-9,448-462369-408-4,143-
財務CF
短期借入金の純増減額73-4,551-4,596-5,157-24-6,897-2,908-7,288875-3,177-3,402-3,785-
長期借入れ-8,2008,2009,400-10,20013,90015,100-23,30025,70026,689-
長期借入金の返済-1,764-7,231-9,304-11,282-2,000-3,985-5,982-7,929-1,984-3,949-6,006-8,607-
社債の発行-------------
社債の償還-------------
自己株式の取得-000-000000-120-
自己株式の売却-------------
配当金の支払-2,384-2,463-2,464-2,464-4,509-4,679-4,681-4,683-4,955-5,169-5,173-5,175-
財務CF-4,911-6,974-9,177-10,734-7,164-6,098-500-5,844-6,8769,9809,8927,455-
換算差額2348452234438-36-53-908-383337-1939-
その他
17.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
設備投資額1,6424,1486,39612,9252,9886,4768,70612,7502,1554,6606,6599,555-
研究開発費-------9,209---8,353-
発行済株式総数49,272,361株49,272,314株49,273,602株49,273,602株49,273,602株49,279,146株49,279,146株49,279,146株49,279,120株49,284,120株49,284,120株49,247,220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.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q4E
従業員数---6,439人---6,424人---6,370人-
売上/従業員(千円)---38,713---34,359---29,105-
営利/従業員(千円)---5,490---3,709---2,505-