通期売上(百万円)
売上5y CAGR・予想:-0.7 %
通期利益(百万円)
営利5y CAGR・予想:-0.3 %
純利5y CAGR・予想:76.4 %
P/L
2017.32018.32019.32020.3
売上66,39464,95963,01363,800
前期比101.3%97.8%97.0%101.2%
売上原価45,81345,45944,623-
売上総利益20,58019,50018,389-
%31.0%30.0%29.2%-
販管費17,71717,66617,918-
営業利益2,8631,8334701,600
前期比176.5%64.0%25.6%340.4%
%4.3%2.8%0.7%2.5%
受取利息および受取配当金667782-
持分法による投資利益----
営業外収益445821331-
支払利息472375345-
持分法による投資損失6677--
営業外費用1,3051,138955-
経常利益2,0021,517-1531,000
固定資産売却益224119-
投資有価証券売却益----
特別利益892292,877-
固定資産売却損71771-
投資有価証券売却損125---
減損損失2278271,513-
特別損失3991,3112,606-
税引前利益1,693435117-
法人税等524266-11-
%31.0%61.1%-9.4%-
当期純利益1,168169129-
非支配株主に帰属する当期純利益7-39-90-
親会社株主に帰属する当期純利益1,161208219600
前期比1,872.6%17.9%105.3%274.0%
%1.7%0.3%0.3%0.9%
 
EBITDA5,5275,5274,4744,193
EPS124.4円22.3円23.5円64.3円
BPS4,291.4円4,412.3円4,110.0円-
期初会社予想
2017.32018.32019.32020.3
売上高(期初予)66,50066,50066,30063,800
対実績比99.8%97.7%95.0%-
営業利益(期初予)2,1002,6001,9001,600
対実績比136.3%70.5%24.7%-
純利益(期初予)7001,000600600
対実績比165.9%20.8%36.5%-
配当
ROEデュポン分解
β
マルチプル
2017.32018.32019.32020.3
企業価値40,16941,49038,819-
時価総額13,38713,4019,714-
純有利子負債26,78228,08929,105-
PER(会予)15.7倍134.0倍48.6倍-
PBR0.3倍0.3倍0.3倍-
PER × PBR5.3倍43.6倍12.3倍-
EV/EBITDA(会予)7.9倍8.9倍9.9倍-
PSR(会予)0.2倍0.2倍0.2倍-
PCFR(会予)3.8倍4.8倍3.4倍-
配当金37.5円37.5円37.5円37.5円
配当利回り2.6%2.6%3.6%-
配当性向30.1%30.1%168.2%-
自己資本配当率0.2%0.5%0.9%-
ROE2.9%0.5%0.6%-
純利益率(再掲)1.7%0.3%0.3%-
総資産回転率0.7回0.7回0.7回-
財務レバレッジ2.2倍2.2倍2.2倍-
実質ROE2.8%0.5%0.5%-
ROIC3.1%2.1%0.7%-
ROA1.3%0.2%0.3%-
β0.880.680.68-
βの決定係数(R2)0.450.210.21-
自己資本比率(%)
利益剰余金(百万円)
有利子負債(百万円)
B/S
2017.32018.32019.32020.3
流動資産
現金7,6325,5373,568-
売上債権8,7828,5187,991-
棚卸資産12,32012,80213,372-
有価証券----
前払金----
繰延税金資産290211--
貸倒引当金-18-22-20-
流動資産29,81327,10227,516-
固定資産
建物・構築物8,3437,8787,187-
機械・運搬具6,7366,0654,905-
土地12,46013,59013,516-
建設仮勘定587554936-
有形固定資産46,29245,87344,247-
のれん-476--
無形固定資産459893581-
投資有価証券3,1813,1562,258-
繰延税金資産01616-
貸倒引当金-33-90-82-
敷金および保証金----
投資その他の資産12,96312,70611,538-
固定資産59,71559,47356,368-
総資産89,52886,57583,884-
 
負債
有利子負債合計34,41434,06933,014-
仕入債務4,7614,3624,121-
前受金----
未払法人税等554169262-
繰延税金負債(固定)2,2882,0401,152-
負債48,53745,72544,908-
 
純資産
資本金7,3247,3247,324-
資本剰余金7,5197,5197,519-
利益剰余金21,85821,70721,577-
自己株式-2,136-2,120-2,120-
非支配株主持分795988866-
純資産40,99140,85038,976-
キャッシュフロー(百万円)
研究開発費(百万円)
C/S
2017.32018.32019.32020.3
営業CF
税金等調整前当期純利益1,693435117-
減価償却費2,6642,6412,500-
のれん償却額--93-
減損損失2278271,513-
受取利息及び受取配当金-67-78-83-
売上債権の増減額-16370481-
棚卸資産の増減額546-15-492-
仕入債務の増減額-20-632642-
営業CF4,7762,8661,834-
投資CF
有価証券の取得-2-2-3-
有価証券の売却・償還00390-
固定資産の購入-1,905-2,117-2,529-
固定資産の売却515187-
貸付け----
貸付金の回収----
投資CF-1,795-3,045-2,409-
財務CF
短期借入金の純増減額--1,000145-
長期借入れ21,0495,5083,244-
長期借入金の返済-21,975-4,522-4,272-
社債の発行-2,911295-
社債の償還--4,400-300-
自己株式の取得0-20-
自己株式の売却----
配当金の支払-349-349-349-
財務CF-1,310-1,881-1,359-
換算差額-15-34-34-
その他
2017.32018.32019.32020.3
設備投資額2,1052,2513,041-
研究開発費290369253-
発行済株式総数9,329,071株9,332,419株9,331,605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
2017.32018.32019.32020.3
従業員数2,759人2,661人2,512人-
売上/従業員(千円)24,06524,06524,411-
営利/従業員(千円)1,0381,038689-
四半期売上(百万円)
売上5y CAGR・予想:-0.7 %
四半期利益(百万円)
営利5y CAGR・予想:-0.3 %
純利5y CAGR・予想:76.4 %
P/L
16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
売上66,39416,20832,75549,54664,95915,43730,63947,16863,01315,55832,41649,46063,800
前期比101.3%24.4%49.3%74.6%97.8%23.8%47.2%72.6%97.0%24.7%51.4%78.5%101.2%
売上原価45,81311,36322,89634,74845,45911,00321,74833,16244,62311,01122,82134,868-
売上総利益20,5804,8459,85814,79719,5004,4338,89114,00518,3894,5469,59514,591-
%31.0%29.9%30.1%29.9%30.0%28.7%29.0%29.7%29.2%29.2%29.6%29.5%-
販管費17,7174,2808,84813,33617,6664,3808,75613,36417,9184,3748,69413,332-
営業利益2,8635641,0101,4601,833531346414701719001,2591,600
前期比176.5%19.7%35.3%51.0%64.0%2.9%7.3%35.0%25.6%36.4%191.5%267.9%340.4%
%4.3%3.5%3.1%2.9%2.8%0.3%0.4%1.4%0.7%1.1%2.8%2.5%2.5%
受取利息および受取配当金663942747742468182445997-
持分法による投資利益-------------
営業外収益445223183338821106164270331159239483-
支払利息4721012012943759217926134583173266-
持分法による投資損失6612375977--------
営業外費用1,3052405378941,138231529812955199676755-
経常利益2,0025476579051,517-72-23098-1531314649871,000
固定資産売却益220024166719122-
投資有価証券売却益---------515151-
特別利益8903428229621242,8775267101-
固定資産売却損71021201712671001-
投資有価証券売却損125------------
減損損失227---827---1,513----
特別損失3991145711,31141221362,606109110141-
税引前利益1,693536646861435-70-331-1311774421948-
法人税等524194320414266-14-122-1145170330-
%31.0%36.2%49.5%48.1%61.1%20.0%3.6%-15.4%-9.4%60.8%40.4%34.8%-
当期純利益1,168342325446169-55-318-1512928250618-
非支配株主に帰属する当期純利益7-3-16-24-39-12-31-24-90-7-21-6-
親会社株主に帰属する当期純利益1,161345341471208-43-286821936272625600
前期比1,872.6%29.7%29.4%40.6%17.9%-20.7%-137.5%3.8%105.3%16.4%124.2%285.4%274.0%
%1.7%2.1%1.0%1.0%0.3%--0.0%0.3%0.2%0.8%1.3%0.9%
 
EBITDA5,5275,5275,5275,5275,5274,4744,4744,4744,4743,0633,0633,0634,193
EPS124.4円22.3円22.3円22.3円22.3円22.3円23.5円23.5円23.5円23.5円23.5円23.5円64.3円
BPS4,291.4円4,436.3円4,436.3円4,429.8円4,412.3円4,254.3円4,152.9円4,147.1円4,110.0円4,066.8円3,873.4円3,873.4円-
期初会社予想
16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
売上高(期初予)66,50066,50066,50066,50066,50066,30066,30066,30066,30063,80063,80063,80063,800
対実績比99.8%24.4%49.3%74.5%97.7%23.3%46.2%71.1%95.0%24.4%50.8%77.5%-
営業利益(期初予)2,1002,6002,6002,6002,6001,9001,9001,9001,9001,6001,6001,6001,600
対実績比136.3%21.7%38.8%56.2%70.5%2.8%7.1%33.7%24.7%10.7%56.3%78.7%-
純利益(期初予)7001,0001,0001,0001,000600600600600600600600600
対実績比165.9%34.5%34.1%47.1%20.8%-7.2%-47.7%1.3%36.5%6.0%45.3%104.2%-
配当
ROEデュポン分解
β
マルチプル
16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
企業価値40,16941,83545,56742,68341,49041,16940,78038,08738,81937,65735,80037,984-
時価総額13,38713,20016,93214,84513,40113,30812,1789,6969,7148,8659,80711,991-
純有利子負債26,78228,63528,63527,83828,08927,86128,60228,39129,10528,79225,99325,993-
PER(会予)15.7倍13.2倍16.9倍14.8倍134.0倍22.2倍20.3倍48.5倍48.6倍14.8倍16.3倍20.0倍-
PBR0.3倍0.3倍0.4倍0.4倍0.3倍0.3倍0.3倍0.3倍0.3倍0.2倍0.3倍0.3倍-
PER × PBR5.3倍4.2倍6.9倍5.3倍43.6倍7.4倍6.4倍12.1倍12.3倍3.5倍4.4倍6.6倍-
EV/EBITDA(会予)7.9倍7.9倍8.7倍8.1倍8.9倍9.1倍9.0倍9.7倍9.9倍9.0倍8.5倍9.1倍-
PSR(会予)0.2倍0.2倍0.3倍0.2倍0.2倍0.2倍0.2倍0.2倍0.2倍0.1倍0.2倍0.2倍-
PCFR(会予)3.8倍3.6倍4.6倍4.1倍4.8倍4.1倍3.8倍3.4倍3.4倍2.8倍3.1倍3.8倍-
配当金37.5円---37.5円---37.5円---37.5円
配当利回り2.6%2.7%2.1%2.4%2.6%2.6%2.9%3.6%3.6%3.9%3.6%2.9%-
配当性向30.1%30.1%30.1%30.1%30.1%168.2%168.2%168.2%168.2%159.8%159.8%159.8%-
自己資本配当率0.2%0.5%0.5%0.5%0.5%0.5%0.9%0.9%0.9%0.9%1.0%1.0%-
ROE2.9%0.5%0.5%0.5%0.5%0.5%0.6%0.6%0.6%0.6%0.6%0.6%-
純利益率(再掲)1.7%2.1%1.0%1.0%0.3%--0.0%0.3%0.2%0.8%1.3%-
総資産回転率0.7回0.7回0.7回0.7回0.7回0.8回0.7回0.7回0.7回0.8回0.8回0.8回-
財務レバレッジ2.2倍2.2倍2.2倍2.2倍2.2倍2.2倍2.2倍2.2倍2.2倍2.2倍2.3倍2.3倍-
実質ROE2.8%0.5%0.5%0.5%0.5%0.5%0.5%0.5%0.5%0.5%0.6%0.6%-
ROIC3.1%2.1%2.1%2.1%2.1%2.1%0.7%0.7%0.7%0.7%0.7%0.7%-
ROA1.3%0.2%0.2%0.2%0.2%0.2%0.3%0.3%0.3%0.3%0.3%0.3%-
β0.880.770.690.600.680.690.650.650.680.670.680.71-
βの決定係数(R2)0.450.390.250.180.210.200.180.210.210.220.230.24-
自己資本比率(%)
利益剰余金(百万円)
有利子負債(百万円)
B/S
16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
流動資産
現金7,6325,9325,5725,9805,5374,5244,1593,9093,5685,1395,4065,458-
売上債権8,7829,7599,7598,6638,5188,1448,8087,7227,9918,0358,1608,160-
棚卸資産12,32013,03213,03213,12112,80212,43112,67013,08613,37212,70212,31112,311-
有価証券-------------
前払金-------------
繰延税金資産29033126699211--------
貸倒引当金-18-15-18-20-22-21-24-22-20-19-18-18-
流動資産29,81329,95228,30628,23327,10226,84025,81226,22227,51627,03126,51826,799-
固定資産
建物・構築物8,3438,4018,3278,3417,8787,8447,7717,6147,1876,9306,6837,278-
機械・運搬具6,7366,9016,7846,5676,0655,8135,7795,6714,9054,9004,6834,787-
土地12,46012,54612,53012,50213,59013,48713,47813,48813,51613,47113,55813,565-
建設仮勘定587---554---936----
有形固定資産46,29247,44347,14046,55145,87345,14345,25145,14444,24744,88143,49545,435-
のれん----476--------
無形固定資産459455452419893836852955581574640680-
投資有価証券3,181---3,156---2,258----
繰延税金資産0---16---16----
貸倒引当金-33-33-33-33-90-90-91-91-82-82-82-82-
敷金および保証金-------------
投資その他の資産12,96313,20013,29513,49612,70612,58812,55212,27011,53811,27311,40211,651-
固定資産59,71561,09860,88860,46759,47358,56858,65658,37156,36856,73055,53857,767-
総資産89,52891,05089,19488,70186,57585,40984,46884,59383,88483,76182,05684,567-
 
負債
有利子負債合計34,41434,56734,56733,41034,06933,39833,12632,55033,01432,36031,39931,399-
仕入債務4,7614,9644,9644,5494,3624,2734,3863,9794,1213,8203,6863,686-
前受金-------------
未払法人税等554286405721692102314326213926148-
繰延税金負債(固定)2,2882,4482,4502,4422,0401,5781,5921,4981,152----
負債48,53748,63946,87846,56445,72545,56644,69345,15744,90845,87445,04245,736-
 
純資産
資本金7,3247,3247,3247,3247,3247,3247,3247,3247,3247,3247,3247,324-
資本剰余金7,5197,5197,5197,5197,5197,5197,5197,5197,5197,5197,5197,519-
利益剰余金21,85822,02922,02121,96921,70721,48921,24521,36521,57721,42021,65521,833-
自己株式-2,136-2,136-2,128-2,119-2,120-2,120-2,120-2,120-2,120-2,120-2,120-2,121-
非支配株主持分795856832802988921921925866808713822-
純資産40,99142,41042,31642,13640,85039,84239,77539,43538,97637,88737,01338,830-
キャッシュフロー(百万円)
研究開発費(百万円)
C/S
16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
営業CF
税金等調整前当期純利益1,693536646861435-70-331-1311774421948-
減価償却費2,664-1,396-2,641-1,266-2,500-1,339--
のれん償却額------46-93----
減損損失227---827---1,513----
受取利息及び受取配当金-67--43--78--46--83--59--
売上債権の増減額-163-213-704-391-81--220--
棚卸資産の増減額546--691--15--730--492-105--
仕入債務の増減額-20--221--632--52-642-74--
営業CF4,776-689-2,866-696-1,834-1,257--
投資CF
有価証券の取得-20-10-20-10-3000-
有価証券の売却・償還0000000039001450-
固定資産の購入-1,9050-1,2680-2,1170-1,0270-2,5290-1,5130-
固定資産の売却510505109087030-
貸付け-------------
貸付金の回収-------------
投資CF-1,795--1,315--3,045--1,138--2,409-1,209--
財務CF
短期借入金の純増減額---1,000--1,000--287-145-33--
長期借入れ21,049-2,440-5,508-1,519-3,244-10,627--
長期借入金の返済-21,975--2,743--4,522--1,900--4,272--10,834--
社債の発行----2,911---295----
社債の償還-----4,400----300----
自己株式の取得0-0--2-0-0-0--
自己株式の売却-------------
配当金の支払-349--174--349--174--349--176--
財務CF-1,310--1,492--1,881--923--1,359--575--
換算差額-15-57--34--12--34--52--
その他
16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
設備投資額2,105---2,251---3,041----
研究開発費290---369---253----
発行済株式総数9,329,071株9,328,880株9,328,880株9,330,546株9,332,419株9,332,051株9,332,051株9,331,795株9,331,605株9,331,581株9,331,485株9,331,485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
16.Q417.Q117.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q4
従業員数2,759人---2,661人---2,512人----
売上/従業員(千円)24,06524,06524,06524,06524,06524,41124,41124,41124,41125,08525,08525,085-
営利/従業員(千円)1,0381,0381,0381,0381,038689689689689187187187-