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:-8.0 %
純利5y CAGR・予想:-4.1 %
P/L
2018.32019.32020.32021.3E
売上1,577,0391,623,7101,599,0531,500,000
前期比110.8%103.0%98.5%93.8%
売上原価1,204,2111,159,6871,157,879-
売上総利益372,828464,023441,174-
%23.6%28.6%27.6%-
販管費282,129369,200340,981-
営業利益90,69994,823100,19375,000
前期比86.8%104.5%105.7%74.9%
%5.8%5.8%6.3%5.0%
受取利息および受取配当金----
持分法による投資利益-1,564379124-
営業外収益42,12747,028--
支払利息----
持分法による投資損失----
営業外費用5,8361,240--
経常利益129,992140,610148,826-
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129,992140,610148,826-
法人税等47,76625,75436,980-
%36.7%18.3%24.8%-
当期純利益82,226114,856111,846-
非支配株主に帰属する当期純利益3,08911,6464,125-
親会社株主に帰属する当期純利益79,137103,210107,72188,000
前期比76.2%130.4%104.4%81.7%
%5.0%6.4%6.7%5.9%
 
EBITDA173,069158,712192,941-
EPS215.2円285.3円297.2円322.8円
BPS6,325.1円6,263.7円6,710.6円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)1,500,0001,650,0001,700,0001,500,000
対実績比105.1%98.4%94.1%-
営業利益(期初予)120,000154,000140,00075,000
対実績比75.6%61.6%71.6%-
純利益(期初予)105,000134,000125,00088,000
対実績比75.4%77.0%86.2%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価6,004円6,500円6,408円-
企業価値1,885,1531,943,2901,982,841-
時価総額2,207,7202,351,4042,322,466-
純有利子負債-395,263-502,954-339,625-
PER(会予)20.4倍26.1倍19.9倍-
PBR0.9倍1.0倍1.0倍-
PER × PBR18.9倍26.7倍19.0倍-
EV/EBITDA(会予)8.9倍12.3倍9.4倍-
PSR(会予)1.4倍1.5倍1.4倍-
PCFR(会予)11.9倍13.6倍11.1倍-
配当金120.0円140.0円160.0円160.0円
配当利回り1.8%1.8%2.5%-
配当性向55.8%49.1%53.8%-
自己資本配当率1.9%2.2%2.4%-
ROE3.4%4.6%4.4%-
純利益率(再掲)5.0%6.4%6.7%-
総資産回転率0.5回0.5回0.5回-
財務レバレッジ1.3倍1.3倍1.3倍-
実質ROE3.4%4.4%4.3%-
ROIC1.8%3.0%2.5%-
ROA2.5%3.5%3.3%-
β0.960.990.92-
βの決定係数(R2)0.520.510.57-
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424,938512,814419,620-
売上債権382,659357,352336,294-
棚卸資産364,875343,880344,304-
有価証券12,9969,87111,035-
前払金----
繰延税金資産----
貸倒引当金----
流動資産1,465,8991,357,7641,202,707-
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288,898341,855383,271-
のれん144,268149,499212,207-
無形固定資産80,18680,001118,533-
投資有価証券----
繰延税金資産41,37038,55840,434-
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1,662,9141,610,7112,047,468-
総資産3,128,8132,968,4753,250,175-
 
負債
有利子負債合計29,6759,86079,995-
仕入債務216,685186,281173,300-
前受金----
未払法人税等19,43612,67211,396-
繰延税金負債(固定)220,950174,823271,317-
負債715,514606,215795,933-
 
純資産
資本金115,703115,703115,703-
資本剰余金165,079165,225123,539-
利益剰余金1,577,6411,638,7091,686,672-
自己株式-32,342-72,361-69,275-
非支配株主持分87,50896,34122,108-
純資産2,413,2992,362,2602,454,242-
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129,992140,610148,826-
減価償却費82,37063,88992,748-
のれん償却額----
減損損失----
受取利息及び受取配当金-1,109-660-1,430-
売上債権の増減額-25,60925,0167,170-
棚卸資産の増減額-20,41224,5974,772-
仕入債務の増減額11,988-11,028-6,869-
営業CF158,905220,025214,630-
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-91,389-118,555-120,734-
固定資産の売却000-
貸付け----
貸付金の回収----
投資CF-53,128-47,121-145,551-
財務CF
短期借入金の純増減額-3,240-35628,947-
長期借入れ6,7753,67645,059-
長期借入金の返済-6,296-3,394-41,055-
社債の発行----
社債の償還----
自己株式の取得-33-40,020-26-
自己株式の売却----
配当金の支払-47,936-48,064-62,017-
財務CF-51,572-89,056-157,126-
換算差額-5,4624,028-5,147-
その他
2018.32019.32020.32021.3E
設備投資額86,519117,049106,003-
研究開発費58,27369,90079,241-
発行済株式総数367,707,758株361,753,659株362,432,226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75,940人76,863人75,505人-
売上/従業員(千円)20,76721,12521,178-
営利/従業員(千円)1,1941,2341,327-
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:-8.0 %
純利5y CAGR・予想:-4.1 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上738,3451,145,0201,577,039387,484800,6381,214,4171,623,710384,937799,0501,196,8851,599,053317,0941,500,000
前期比113.0%112.9%110.8%112.3%108.4%106.1%103.0%99.3%99.8%98.6%98.5%82.4%93.8%
売上原価533,191829,7091,204,211278,234571,337863,4171,159,687274,914572,416858,2971,157,879233,492-
売上総利益205,154315,307372,828109,250229,301351,000464,023110,023226,634338,588441,17483,602-
%27.8%27.5%23.6%28.2%28.6%28.9%28.6%28.6%28.4%28.3%27.6%26.4%-
販管費135,649206,323282,12972,146146,700290,424369,20087,394166,314243,728340,98176,028-
営業利益69,505108,98490,69937,10482,60160,57694,82322,62960,32094,860100,1937,57475,000
前期比205.7%162.4%86.8%119.0%118.8%55.6%104.5%61.0%73.0%156.6%105.7%33.5%74.9%
%9.4%9.5%5.8%9.6%10.3%5.0%5.8%5.9%7.5%7.9%6.3%2.4%5.0%
受取利息および受取配当金-------------
持分法による投資利益---1,564367613555379267520363124349-
営業外収益21,37039,13642,12719,03223,49444,52047,028------
支払利息-------------
持分法による投資損失-------------
営業外費用3,0353,2565,8366484069961,240------
経常利益87,840144,864129,99255,488105,689104,100140,61045,48685,213141,629148,82630,411-
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87,840144,864129,99255,488105,689104,100140,61045,48685,213141,629148,82630,411-
法人税等23,04353,25647,76610,68721,58115,79925,75411,14721,47734,26336,9807,551-
%26.2%36.8%36.7%19.3%20.4%15.2%18.3%24.5%25.2%24.2%24.8%24.8%-
当期純利益64,79791,60882,22644,80184,10888,301114,85634,33963,736107,366111,84622,860-
非支配株主に帰属する当期純利益--3,0892,5175,7148,88211,6462,3024,1226,1014,125480-
親会社株主に帰属する当期純利益61,38790,26779,13742,28478,39479,419103,21032,03759,614101,265107,72122,38088,000
前期比169.8%127.4%76.2%120.9%127.7%88.0%130.4%75.8%76.0%127.5%104.4%69.9%81.7%
%8.3%7.9%5.0%10.9%9.8%6.5%6.4%8.3%7.5%8.5%6.7%7.1%5.9%
 
EBITDA106,240167,347173,06951,904113,085107,970158,71243,522102,753161,589192,94133,099-
EPS215.2円215.2円215.2円285.3円285.3円285.3円285.3円297.8円297.2円297.2円297.2円297.2円242.8円
BPS6,544.4円6,488.8円6,325.1円6,603.0円6,816.2円6,351.3円6,263.7円6,453.7円6,558.6円6,931.0円6,710.6円6,728.7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)1,500,0001,500,0001,500,0001,650,0001,650,0001,650,0001,650,0001,700,0001,700,0001,700,0001,700,0001,500,0001,500,000
対実績比49.2%76.3%105.1%23.5%48.5%73.6%98.4%22.6%47.0%70.4%94.1%21.1%-
営業利益(期初予)120,000120,000120,000154,000154,000154,000154,000140,000140,000140,000140,00075,00075,000
対実績比57.9%90.8%75.6%24.1%53.6%39.3%61.6%16.2%43.1%67.8%71.6%10.1%-
純利益(期初予)105,000105,000105,000134,000134,000134,000134,000125,000125,000125,000125,00088,00088,000
対実績比58.5%86.0%75.4%31.6%58.5%59.3%77.0%25.6%47.7%81.0%86.2%25.4%-
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6,982円7,373円6,004円6,247円6,820円5,508円6,500円7,035円6,705円7,480円6,408円5,865円-
企業価値2,219,0432,345,3471,885,1531,901,8072,043,5931,602,9861,943,2902,041,9831,981,0052,261,8911,982,8411,835,365-
時価総額2,567,3582,711,1222,207,7202,297,0702,467,1781,992,5472,351,4042,544,9372,430,1212,711,0072,322,4662,125,665-
純有利子負債-365,775-322,567-395,263-423,585-389,561-408,114-502,954-418,572-449,116-428,460-339,625-290,300-
PER(会予)24.5倍22.8倍20.4倍17.1倍18.4倍20.9倍26.1倍20.4倍19.4倍21.7倍19.9倍24.2倍-
PBR1.1倍1.1倍0.9倍1.0倍1.0倍0.8倍1.0倍1.1倍1.0倍1.1倍1.0倍0.9倍-
PER × PBR26.5倍25.7倍18.9倍16.9倍19.0倍16.9倍26.7倍22.9倍19.9倍24.7倍19.0倍21.1倍-
EV/EBITDA(会予)11.2倍11.0倍8.9倍8.0倍8.6倍8.8倍12.3倍10.0倍9.7倍11.1倍9.4倍10.9倍-
PSR(会予)1.7倍1.7倍1.4倍1.4倍1.5倍1.2倍1.5倍1.5倍1.4倍1.6倍1.4倍1.4倍-
PCFR(会予)14.1倍13.8倍11.9倍10.6倍11.4倍11.2倍13.6倍13.5倍12.9倍14.4倍11.1倍11.8倍-
配当金--120.0円---140.0円---160.0円-120.0円
配当利回り1.6%1.5%1.8%1.9%1.8%2.2%1.8%2.0%2.1%1.9%2.5%2.7%-
配当性向--55.8%---49.1%---53.8%--
自己資本配当率1.8%1.8%1.9%2.1%2.1%2.2%2.2%2.5%2.4%2.3%2.4%2.4%-
ROE3.3%3.3%3.4%4.3%4.2%4.5%4.6%4.6%4.5%4.3%4.4%4.4%-
純利益率(再掲)8.3%7.9%5.0%10.9%9.8%6.5%6.4%8.3%7.5%8.5%6.7%7.1%-
総資産回転率0.5回0.5回0.5回0.5回0.5回0.5回0.5回0.5回0.5回0.5回0.5回0.5回-
財務レバレッジ1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍-
実質ROE3.2%3.3%3.4%4.2%4.1%4.4%4.4%4.5%4.4%4.2%4.3%4.3%-
ROIC1.8%1.8%1.8%2.9%2.8%3.0%3.0%2.7%2.7%2.5%2.5%2.5%-
ROA2.5%2.5%2.5%3.2%3.1%3.4%3.5%3.5%3.4%3.2%3.3%3.3%-
β0.830.890.961.051.070.990.991.021.031.020.920.82-
βの決定係数(R2)0.460.480.520.530.520.530.510.540.550.550.570.49-
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392,659349,684424,938433,047398,436416,250512,814418,572449,116428,460419,620382,238-
売上債権323,384332,391382,659340,144353,329368,289357,352329,467320,906330,191336,294285,962-
棚卸資産357,237407,988364,875369,548372,942345,589343,880368,079368,996372,526344,304375,365-
有価証券--12,996---9,87110,69510,1858,48811,03512,860-
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産1,471,3501,502,8601,465,8991,416,0401,459,8901,353,1501,357,7641,241,1491,257,0411,253,9481,202,7071,146,171-
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--288,898307,000324,000323,386341,855351,769365,860379,605383,271396,306-
のれん--144,268---149,499204,657207,943208,387212,207230,552-
無形固定資産--80,186---80,001114,958118,023120,484118,533126,141-
投資有価証券-------------
繰延税金資産--41,370---38,55839,19539,80739,33940,43440,429-
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1,731,6501,698,7201,662,9141,794,0201,862,9301,667,6701,610,7111,863,7051,901,2572,073,4502,047,4682,119,278-
総資産3,203,0003,201,5803,128,8133,210,0503,322,8203,020,8202,968,4753,104,8543,158,2983,327,3983,250,1753,265,449-
 
負債
有利子負債合計26,88427,11729,6759,4628,8758,1369,86000079,99591,938-
仕入債務140,295159,353216,685210,290212,946186,768186,281185,618182,249180,271173,300166,948-
前受金-------------
未払法人税等--19,436---12,6728,35813,01613,75111,3968,820-
繰延税金負債(固定)--220,950---174,823220,666228,084273,160271,317279,520-
負債707,857729,502715,514730,621761,318628,127606,215674,592684,407715,139795,933804,002-
 
純資産
資本金115,703115,703115,703115,703115,703115,703115,703115,703115,703115,703115,703115,703-
資本剰余金--165,079---165,225164,952166,685166,740123,539123,532-
利益剰余金1,677,4401,684,2601,577,6411,600,8401,636,9501,616,2701,638,7091,641,8061,669,3831,680,8801,686,6721,680,057-
自己株式-32,328-32,339-32,342-72,344-72,353-72,356-72,361-72,367-69,261-69,268-69,275-69,276-
非支配株主持分88,70786,07887,50890,75095,69795,07496,34195,60396,832100,24722,10822,742-
純資産2,495,1402,472,0802,413,2992,479,4302,561,5002,392,6902,362,2602,430,2622,473,8912,612,2592,454,2422,461,447-
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--129,99255,488105,689104,100140,61045,48685,213141,629148,82630,411-
減価償却費36,73558,36382,37014,80030,48447,39463,88920,89342,43366,72992,74825,525-
のれん償却額-------------
減損損失-------------
受取利息及び受取配当金---1,109-102-276-468-660-306-631-1,016-1,430-403-
売上債権の増減額---25,60945,66637,77914,64425,01628,35417,97519,1567,17053,036-
棚卸資産の増減額---20,412-2,601-2,04218,79124,597-17,312-19,867-17,9974,772-30,230-
仕入債務の増減額--11,988-10,762-11,594-5,034-11,0283,3443,116-8,794-6,869-12,310-
営業CF91,093112,925158,90570,347125,952158,551220,02554,771109,962149,268214,63037,099-
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00-91,389-28,558-57,594-90,244-118,555-30,707-59,216-91,150-120,734-25,508-
固定資産の売却000000000000-
貸付け-------------
貸付金の回収-------------
投資CF-51,297-95,325-53,128-6,262-99,165-84,606-47,121-77,822-99,875-132,071-145,551-37,473-
財務CF
短期借入金の純増減額---3,240-356-356-356-356-684-833-1,18728,947-584-
長期借入れ--6,7752,5622,9443,3343,6763,5664,0374,64745,0592,026-
長期借入金の返済---6,296-718-1,252-2,254-3,394-37,238-38,276-39,905-41,055-2,508-
社債の発行-------------
社債の償還-------------
自己株式の取得---33-40,002-40,011-40,015-40,020-6-12-19-26--
自己株式の売却-------------
配当金の支払---47,936-22,530-24,632-46,482-48,064-29,120-31,522-60,121-62,017-28,516-
財務CF-28,550-51,004-51,572-61,490-63,633-86,378-89,056-66,647-67,370-101,306-157,126-35,135-
換算差額---5,4625,51410,3443,7454,028-4,544-6,415-245-5,147-1,873-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額34,82459,05486,51929,85057,02185,109117,04925,82156,18383,027106,00326,458-
研究開発費27,45042,35058,27316,71335,25652,51669,900---79,241--
発行済株式総数367,709,508株367,708,130株367,707,758株361,756,277株361,755,060株361,754,485株361,753,659株361,752,800株362,434,127株362,433,138株362,432,226株362,432,172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--75,940人---76,863人---75,505人--
売上/従業員(千円)--20,767---21,125---21,178--
営利/従業員(千円)--1,194---1,234---1,327--
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:-8.0 %
純利5y CAGR・予想:-4.1 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上393,183406,675432,019387,484413,154413,779409,293384,937414,113397,835402,168317,0941,500,000
前期比118.0%112.5%105.9%112.3%105.1%101.7%94.7%99.3%100.2%96.1%98.3%82.4%93.8%
売上原価284,857296,518374,502278,234293,103292,080296,270274,914297,502285,881299,582233,492-
売上総利益108,326110,15357,521109,250120,051121,699113,023110,023116,611111,954102,58683,602-
%27.6%27.1%13.3%28.2%29.1%29.4%27.6%28.6%28.2%28.1%25.5%26.4%-
販管費69,98870,67475,80672,14674,554143,72478,77687,39478,92077,41497,25376,028-
営業利益38,33839,479-18,28537,10445,497-22,02534,24722,62937,69134,5405,3337,57475,000
前期比178.2%118.5%-48.8%119.0%118.7%-55.8%-187.3%61.0%82.8%-156.8%15.6%33.5%74.9%
%9.8%9.7%-4.2%9.6%11.0%-5.3%8.4%5.9%9.1%8.7%1.3%2.4%5.0%
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00-1,564367246-58-176267253-157-239349-
営業外収益2,36417,7662,99119,0324,46221,0262,508-000--
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2,1222212,580648-242590244-000--
経常利益38,58057,024-14,87255,48850,201-1,58936,51045,48639,72756,4167,19730,411-
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38,58057,024-14,87255,48850,201-1,58936,51045,48639,72756,4167,19730,411-
法人税等10,31130,213-5,49010,68710,894-5,7829,95511,14710,33012,7862,7177,551-
%26.7%53.0%36.9%19.3%21.7%363.9%27.3%24.5%26.0%22.7%37.8%24.8%-
当期純利益28,26926,811-9,38244,80139,3074,19326,55534,33929,39743,6304,48022,860-
非支配株主に帰属する当期純利益003,0892,5173,1973,1682,7642,3021,8201,979-1,976480-
親会社株主に帰属する当期純利益26,40628,880-11,13042,28436,1101,02523,79132,03727,57741,6516,45622,38088,000
前期比141.2%83.2%-33.7%120.9%136.7%3.5%-213.8%75.8%76.4%4,063.5%27.1%69.9%81.7%
%6.7%7.1%-2.6%10.9%8.7%0.2%5.8%8.3%6.7%10.5%1.6%7.1%5.9%
 
EBITDA106,240167,347173,06951,904113,085107,970158,71243,522102,753161,589192,94133,099-
EPS215.2円215.2円215.2円285.3円285.3円285.3円285.3円297.8円297.2円297.2円297.2円297.2円242.8円
BPS6,544.4円6,488.8円6,325.1円6,603.0円6,816.2円6,351.3円6,263.7円6,453.7円6,558.6円6,931.0円6,710.6円6,728.7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)1,500,0001,500,0001,500,0001,650,0001,650,0001,650,0001,650,0001,700,0001,700,0001,700,0001,700,0001,500,0001,500,000
対実績比49.2%76.3%105.1%23.5%48.5%73.6%98.4%22.6%47.0%70.4%94.1%21.1%-
営業利益(期初予)120,000120,000120,000154,000154,000154,000154,000140,000140,000140,000140,00075,00075,000
対実績比57.9%90.8%75.6%24.1%53.6%39.3%61.6%16.2%43.1%67.8%71.6%10.1%-
純利益(期初予)105,000105,000105,000134,000134,000134,000134,000125,000125,000125,000125,00088,00088,000
対実績比58.5%86.0%75.4%31.6%58.5%59.3%77.0%25.6%47.7%81.0%86.2%25.4%-
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6,982円7,373円6,004円6,247円6,820円5,508円6,500円7,035円6,705円7,480円6,408円5,865円-
企業価値2,219,0432,345,3471,885,1531,901,8072,043,5931,602,9861,943,2902,041,9831,981,0052,261,8911,982,8411,835,365-
時価総額2,567,3582,711,1222,207,7202,297,0702,467,1781,992,5472,351,4042,544,9372,430,1212,711,0072,322,4662,125,665-
純有利子負債-365,775-322,567-395,263-423,585-389,561-408,114-502,954-418,572-449,116-428,460-339,625-290,300-
PER(会予)24.5倍22.8倍20.4倍17.1倍18.4倍20.9倍26.1倍20.4倍19.4倍21.7倍19.9倍24.2倍-
PBR1.1倍1.1倍0.9倍1.0倍1.0倍0.8倍1.0倍1.1倍1.0倍1.1倍1.0倍0.9倍-
PER × PBR26.5倍25.7倍18.9倍16.9倍19.0倍16.9倍26.7倍22.9倍19.9倍24.7倍19.0倍21.1倍-
EV/EBITDA(会予)11.2倍11.0倍8.9倍8.0倍8.6倍8.8倍12.3倍10.0倍9.7倍11.1倍9.4倍10.9倍-
PSR(会予)1.7倍1.7倍1.4倍1.4倍1.5倍1.2倍1.5倍1.5倍1.4倍1.6倍1.4倍1.4倍-
PCFR(会予)14.1倍13.8倍11.9倍10.6倍11.4倍11.2倍13.6倍13.5倍12.9倍14.4倍11.1倍11.8倍-
配当金--120.0円---140.0円---160.0円-120.0円
配当利回り1.6%1.5%1.8%1.9%1.8%2.2%1.8%2.0%2.1%1.9%2.5%2.7%-
配当性向--55.8%---49.1%---53.8%--
自己資本配当率1.8%1.8%1.9%2.1%2.1%2.2%2.2%2.5%2.4%2.3%2.4%2.4%-
ROE3.3%3.3%3.4%4.3%4.2%4.5%4.6%4.6%4.5%4.3%4.4%4.4%-
純利益率(再掲)8.3%7.9%5.0%10.9%9.8%6.5%6.4%8.3%7.5%8.5%6.7%7.1%-
総資産回転率0.5回0.5回0.5回0.5回0.5回0.5回0.5回0.5回0.5回0.5回0.5回0.5回-
財務レバレッジ1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍1.3倍-
実質ROE3.2%3.3%3.4%4.2%4.1%4.4%4.4%4.5%4.4%4.2%4.3%4.3%-
ROIC1.8%1.8%1.8%2.9%2.8%3.0%3.0%2.7%2.7%2.5%2.5%2.5%-
ROA2.5%2.5%2.5%3.2%3.1%3.4%3.5%3.5%3.4%3.2%3.3%3.3%-
β0.830.890.961.051.070.990.991.021.031.020.920.82-
βの決定係数(R2)0.460.480.520.530.520.530.510.540.550.550.570.49-
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392,659349,684424,938433,047398,436416,250512,814418,572449,116428,460419,620382,238-
売上債権323,384332,391382,659340,144353,329368,289357,352329,467320,906330,191336,294285,962-
棚卸資産357,237407,988364,875369,548372,942345,589343,880368,079368,996372,526344,304375,365-
有価証券--12,996---9,87110,69510,1858,48811,03512,860-
前払金-------------
繰延税金資産-------------
貸倒引当金-------------
流動資産1,471,3501,502,8601,465,8991,416,0401,459,8901,353,1501,357,7641,241,1491,257,0411,253,9481,202,7071,146,171-
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--288,898307,000324,000323,386341,855351,769365,860379,605383,271396,306-
のれん--144,268---149,499204,657207,943208,387212,207230,552-
無形固定資産--80,186---80,001114,958118,023120,484118,533126,141-
投資有価証券-------------
繰延税金資産--41,370---38,55839,19539,80739,33940,43440,429-
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1,731,6501,698,7201,662,9141,794,0201,862,9301,667,6701,610,7111,863,7051,901,2572,073,4502,047,4682,119,278-
総資産3,203,0003,201,5803,128,8133,210,0503,322,8203,020,8202,968,4753,104,8543,158,2983,327,3983,250,1753,265,449-
 
負債
有利子負債合計26,88427,11729,6759,4628,8758,1369,86000079,99591,938-
仕入債務140,295159,353216,685210,290212,946186,768186,281185,618182,249180,271173,300166,948-
前受金-------------
未払法人税等--19,436---12,6728,35813,01613,75111,3968,820-
繰延税金負債(固定)--220,950---174,823220,666228,084273,160271,317279,520-
負債707,857729,502715,514730,621761,318628,127606,215674,592684,407715,139795,933804,002-
 
純資産
資本金115,703115,703115,703115,703115,703115,703115,703115,703115,703115,703115,703115,703-
資本剰余金--165,079---165,225164,952166,685166,740123,539123,532-
利益剰余金1,677,4401,684,2601,577,6411,600,8401,636,9501,616,2701,638,7091,641,8061,669,3831,680,8801,686,6721,680,057-
自己株式-32,328-32,339-32,342-72,344-72,353-72,356-72,361-72,367-69,261-69,268-69,275-69,276-
非支配株主持分88,70786,07887,50890,75095,69795,07496,34195,60396,832100,24722,10822,742-
純資産2,495,1402,472,0802,413,2992,479,4302,561,5002,392,6902,362,2602,430,2622,473,8912,612,2592,454,2422,461,447-
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--129,99255,488105,689104,100140,61045,48685,213141,629148,82630,411-
減価償却費36,73558,36382,37014,80030,48447,39463,88920,89342,43366,72992,74825,525-
のれん償却額-------------
減損損失000-000-000--
受取利息及び受取配当金---1,109-102-276-468-660-306-631-1,016-1,430-403-
売上債権の増減額---25,60945,66637,77914,64425,01628,35417,97519,1567,17053,036-
棚卸資産の増減額---20,412-2,601-2,04218,79124,597-17,312-19,867-17,9974,772-30,230-
仕入債務の増減額--11,988-10,762-11,594-5,034-11,0283,3443,116-8,794-6,869-12,310-
営業CF91,093112,925158,90570,347125,952158,551220,02554,771109,962149,268214,63037,099-
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00-91,389-28,558-57,594-90,244-118,555-30,707-59,216-91,150-120,734-25,508-
固定資産の売却000000000000-
貸付け-------------
貸付金の回収-------------
投資CF-51,297-95,325-53,128-6,262-99,165-84,606-47,121-77,822-99,875-132,071-145,551-37,473-
財務CF
短期借入金の純増減額---3,240-356-356-356-356-684-833-1,18728,947-584-
長期借入れ--6,7752,5622,9443,3343,6763,5664,0374,64745,0592,026-
長期借入金の返済---6,296-718-1,252-2,254-3,394-37,238-38,276-39,905-41,055-2,508-
社債の発行-------------
社債の償還-------------
自己株式の取得---33-40,002-40,011-40,015-40,020-6-12-19-26--
自己株式の売却-------------
配当金の支払---47,936-22,530-24,632-46,482-48,064-29,120-31,522-60,121-62,017-28,516-
財務CF-28,550-51,004-51,572-61,490-63,633-86,378-89,056-66,647-67,370-101,306-157,126-35,135-
換算差額---5,4625,51410,3443,7454,028-4,544-6,415-245-5,147-1,873-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額34,82459,05486,51929,85057,02185,109117,04925,82156,18383,027106,00326,458-
研究開発費27,45042,35058,27316,71335,25652,51669,900---79,241--
発行済株式総数367,709,508株367,708,130株367,707,758株361,756,277株361,755,060株361,754,485株361,753,659株361,752,800株362,434,127株362,433,138株362,432,226株362,432,172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--75,940人---76,863人---75,505人--
売上/従業員(千円)--20,767---21,125---21,178--
営利/従業員(千円)--1,194---1,234---1,327--