通期売上(百万円)
売上5y CAGR・予想:3.9 %
通期利益(百万円)
営利5y CAGR・予想:-2.5 %
純利5y CAGR・予想:-1.0 %
P/L
2018.32019.32020.32021.3E
売上249,030250,942240,727240,000
前期比120.9%100.8%95.9%99.7%
売上原価186,206189,664182,287-
売上総利益62,82361,27858,440-
%25.2%24.4%24.3%-
販管費42,72743,30042,999-
営業利益20,09517,97715,44015,000
前期比121.1%89.5%85.9%97.2%
%8.1%7.2%6.4%6.3%
受取利息および受取配当金492529352-
持分法による投資利益----
営業外収益8461,265701-
支払利息226196178-
持分法による投資損失----
営業外費用2,5521,2491,656-
経常利益18,38917,99314,48415,000
固定資産売却益-345--
投資有価証券売却益343---
特別利益343345--
固定資産売却損----
投資有価証券売却損----
減損損失1,041-545-
特別損失2,066-545-
税引前利益16,66618,33813,939-
法人税等5,5175,4164,366-
%33.1%29.5%31.3%-
当期純利益11,14912,9219,573-
非支配株主に帰属する当期純利益-108-15-47-
親会社株主に帰属する当期純利益11,25712,9379,62011,000
前期比98.3%114.9%74.4%114.3%
%4.5%5.2%4.0%4.6%
 
EBITDA32,55329,97228,195-
EPS156.0円179.2円133.2円124.6円
BPS2,573.7円2,625.5円2,653.8円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)250,000257,000260,000240,000
対実績比99.6%97.6%92.6%-
営業利益(期初予)20,00023,00019,00015,000
対実績比100.5%78.2%81.3%-
純利益(期初予)13,50016,00013,50011,000
対実績比83.4%80.9%71.3%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価3,090円2,394円2,274円-
企業価値189,900134,288120,208-
時価総額222,948172,824164,293-
純有利子負債-38,882-44,957-44,085-
PER(会予)17.8倍13.3倍18.3倍-
PBR1.2倍0.9倍0.9倍-
PER × PBR21.7倍12.2倍15.6倍-
EV/EBITDA(会予)6.8倍4.4倍4.6倍-
PSR(会予)0.9倍0.7倍0.7倍-
PCFR(会予)11.0倍6.8倍7.6倍-
配当金66.0円78.0円78.0円78.0円
配当利回り2.1%2.8%3.4%-
配当性向42.3%43.5%58.6%-
自己資本配当率2.6%3.0%2.9%-
ROE6.1%6.8%5.0%-
純利益率(再掲)4.5%5.2%4.0%-
総資産回転率0.9回0.9回0.9回-
財務レバレッジ1.6倍1.5倍1.5倍-
実質ROE5.8%6.6%4.8%-
ROIC7.1%6.1%5.4%-
ROA3.8%4.5%3.4%-
β0.550.750.72-
βの決定係数(R2)0.200.360.40-
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58,61462,14857,190-
売上債権72,59069,47962,896-
棚卸資産38,50440,71640,433-
有価証券----
前払金----
繰延税金資産1,483---
貸倒引当金-109-85-82-
流動資産173,593175,597163,660-
固定資産
建物・構築物32,34231,45235,965-
機械・運搬具24,96225,05526,822-
土地11,08311,35611,238-
建設仮勘定5,0875,5072,708-
有形固定資産75,33675,13180,481-
のれん29,18925,35921,350-
無形固定資産32,47428,11723,527-
投資有価証券2,7432,2171,805-
繰延税金資産6,5296,988--
貸倒引当金-98-97-108-
敷金および保証金----
投資その他の資産11,32811,47311,302-
固定資産119,139114,722115,311-
総資産292,733290,320278,972-
 
負債
有利子負債合計19,73217,19113,105-
仕入債務54,67852,87341,465-
前受金----
未払法人税等2,8892,4292,638-
繰延税金負債(固定)----
負債106,312100,09486,674-
 
純資産
資本金23,20123,22023,249-
資本剰余金26,82926,84226,870-
利益剰余金137,743145,484149,471-
自己株式-7,711-7,642-7,610-
非支配株主持分503488437-
純資産186,420190,226192,298-
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16,66618,33813,939-
減価償却費9,0318,7009,491-
のれん償却額3,4273,2953,264-
減損損失1,041-545-
受取利息及び受取配当金-492-530-352-
売上債権の増減額-5,2292,4106,385-
棚卸資産の増減額-3,682-2,720224-
仕入債務の増減額8,967-1,015-11,325-
営業CF26,81922,85818,501-
投資CF
有価証券の取得-4-4-66-
有価証券の売却・償還536310-
固定資産の購入-8,207-10,919-12,601-
固定資産の売却13294486-
貸付け----
貸付金の回収----
投資CF-7,532-10,299-13,818-
財務CF
短期借入金の純増減額1,692212-920-
長期借入れ----
長期借入金の返済-3,059-3,039-3,021-
社債の発行----
社債の償還----
自己株式の取得-1-1-1-
自己株式の売却----
配当金の支払-4,762-5,196-5,632-
財務CF-6,363-8,246-10,284-
換算差額834-1,051-441-
その他
2018.32019.32020.32021.3E
設備投資額8,2079,51612,914-
研究開発費-8,3197,860-
発行済株式総数72,154,001株72,205,170株72,248,366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4,794人4,888人4,948人-
売上/従業員(千円)51,94651,33848,651-
営利/従業員(千円)4,1923,6783,120-
四半期売上(百万円)
売上5y CAGR・予想:3.9 %
四半期利益(百万円)
営利5y CAGR・予想:-2.5 %
純利5y CAGR・予想:-1.0 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上123,084186,523249,03061,917125,088189,134250,94258,563118,765179,307240,72756,023240,000
前期比123.8%123.4%120.9%102.0%101.6%101.4%100.8%94.6%94.9%94.8%95.9%95.7%99.7%
売上原価91,601138,702186,20646,02093,712141,963189,66444,70890,308135,232182,28742,111-
売上総利益31,48347,82162,82315,89731,37647,17161,27813,85528,45644,07558,44013,911-
%25.6%25.6%25.2%25.7%25.1%24.9%24.4%23.7%24.0%24.6%24.3%24.8%-
販管費21,43832,00142,72710,80321,54932,52443,30010,82121,50832,27542,99910,366-
営業利益10,04415,81920,0955,0949,82614,64617,9773,0336,94811,79915,4403,54515,000
前期比119.0%122.2%121.1%102.7%97.8%92.6%89.5%59.5%70.7%80.6%85.9%116.9%97.2%
%8.2%8.5%8.1%8.2%7.9%7.7%7.2%5.2%5.9%6.6%6.4%6.3%6.3%
受取利息および受取配当金3614354922913614575299517527935290-
持分法による投資利益-------------
営業外収益5516968464489249921,265210360547701203-
支払利息11416922659119179196407610117846-
持分法による投資損失-------------
営業外費用7781,1012,5522746441,0341,2494478181,0551,656270-
経常利益9,81715,41418,3895,26910,10714,60517,9932,7956,49011,29214,4843,47815,000
固定資産売却益------345------
投資有価証券売却益343343343----------
特別利益343343343---345------
固定資産売却損-------------
投資有価証券売却損-------------
減損損失--1,041-------545--
特別損失9419722,066-------545--
税引前利益9,21914,78516,6665,26910,10714,60518,3382,7956,49011,29213,9393,478-
法人税等3,2644,8005,5171,3852,9394,4395,4169281,9733,3444,3661,072-
%35.4%32.5%33.1%26.3%29.1%30.4%29.5%33.2%30.4%29.6%31.3%30.8%-
当期純利益5,9549,98411,1493,8837,16710,16512,9211,8674,5177,9479,5732,405-
非支配株主に帰属する当期純利益-61-81-1082-2-10-15-7-25-38-47-16-
親会社株主に帰属する当期純利益6,01510,06511,2573,8817,16910,17512,9371,8754,5427,9859,6202,42111,000
前期比117.4%116.3%98.3%142.9%119.2%101.1%114.9%48.3%63.4%78.5%74.4%129.1%114.3%
%4.9%5.4%4.5%6.3%5.7%5.4%5.2%3.2%3.8%4.5%4.0%4.3%4.6%
 
EBITDA16,22325,11132,5538,05515,80623,66429,9726,16213,23521,25328,1956,660-
EPS156.0円156.0円156.0円179.3円179.2円179.2円179.2円133.2円133.2円133.2円133.2円133.1円152.2円
BPS2,498.5円2,535.3円2,573.7円2,530.0円2,589.4円2,617.0円2,625.5円2,617.4円2,619.2円2,620.1円2,653.8円2,622.5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)250,000250,000250,000257,000257,000257,000257,000260,000260,000260,000260,000240,000240,000
対実績比49.2%74.6%99.6%24.1%48.7%73.6%97.6%22.5%45.7%69.0%92.6%23.3%-
営業利益(期初予)20,00020,00020,00023,00023,00023,00023,00019,00019,00019,00019,00015,00015,000
対実績比50.2%79.1%100.5%22.1%42.7%63.7%78.2%16.0%36.6%62.1%81.3%23.6%-
純利益(期初予)13,50013,50013,50016,00016,00016,00016,00013,50013,50013,50013,50011,00011,000
対実績比44.6%74.6%83.4%24.3%44.8%63.6%80.9%13.9%33.6%59.1%71.3%22.0%-
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3,050円3,145円3,090円3,215円2,910円2,365円2,394円2,245円2,137円2,444円2,274円2,558円-
企業価値196,953195,638189,900193,093172,703132,370134,288117,144115,887138,064120,208140,618-
時価総額220,063226,917222,948231,975210,004170,722172,824162,101154,371176,548164,293184,898-
純有利子負債-31,279-33,048-38,882-37,301-38,352-38,536-44,957-42,053-38,484-40,169-44,085-44,280-
PER(会予)16.3倍18.2倍17.8倍14.5倍13.1倍11.8倍13.3倍12.0倍11.4倍19.6倍18.3倍16.8倍-
PBR1.2倍1.3倍1.2倍1.2倍1.2倍0.9倍0.9倍0.9倍0.8倍0.9倍0.9倍1.0倍-
PER × PBR20.3倍22.9倍21.7倍18.1倍15.1倍10.8倍12.2倍10.3倍9.3倍18.3倍15.6倍16.4倍-
EV/EBITDA(会予)7.1倍7.0倍6.8倍5.4倍4.9倍4.1倍4.4倍3.8倍3.7倍5.4倍4.6倍5.1倍-
PSR(会予)0.9倍0.9倍0.9倍0.9倍0.8倍0.7倍0.7倍0.6倍0.6倍0.7倍0.7倍0.8倍-
PCFR(会予)10.3倍11.2倍11.0倍8.2倍7.4倍6.3倍6.8倍6.4倍6.1倍8.4倍7.6倍7.8倍-
配当金--66.0円---78.0円---78.0円-78.0円
配当利回り2.2%2.1%2.1%2.1%2.3%2.8%2.8%3.5%3.6%3.2%3.4%3.0%-
配当性向--42.3%---43.5%---58.6%--
自己資本配当率2.6%2.6%2.6%3.1%3.0%3.0%3.0%3.0%3.0%3.0%2.9%3.0%-
ROE6.2%6.2%6.1%7.1%6.9%6.8%6.8%5.1%5.1%5.1%5.0%5.1%-
純利益率(再掲)4.9%5.4%4.5%6.3%5.7%5.4%5.2%3.2%3.8%4.5%4.0%4.3%-
総資産回転率0.9回0.9回0.9回0.9回0.9回0.9回0.9回0.8回0.9回0.9回0.9回0.9回-
財務レバレッジ1.6倍1.6倍1.6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1.4倍-
実質ROE6.0%5.9%5.8%6.8%6.6%6.6%6.6%4.9%4.9%4.9%4.8%4.9%-
ROIC7.3%7.2%7.1%6.2%6.1%6.1%6.1%5.4%5.4%5.5%5.4%5.5%-
ROA4.0%4.0%3.8%4.5%4.5%4.5%4.5%3.3%3.5%3.4%3.4%3.5%-
β0.570.540.550.670.620.730.750.760.800.810.720.76-
βの決定係数(R2)0.200.180.200.260.230.350.360.370.410.420.400.45-
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51,05351,59258,61456,56257,35756,15262,14857,73753,57053,77457,19055,825-
売上債権72,66673,48772,59070,63172,72172,63669,47966,99061,44166,21962,89660,605-
棚卸資産36,66837,25138,50438,82339,08439,75040,71642,27343,37142,16540,43341,193-
有価証券-------------
前払金-------------
繰延税金資産--1,483----------
貸倒引当金-117-124-109-103-117-120-85-75-103-92-82-85-
流動資産165,088167,084173,593169,710174,039172,710175,597170,458162,031166,986163,660160,384-
固定資産
建物・構築物31,76932,59932,34232,21431,82631,54531,45233,47433,04032,85635,96535,231-
機械・運搬具25,36225,36024,96226,30126,08525,56825,05526,32825,89525,64226,82226,522-
土地11,05311,07811,08311,07211,08011,16211,35611,21611,19011,19311,23811,128-
建設仮勘定2,4571,7055,0873,7104,3165,2475,5074,5635,6796,1482,7083,901-
有形固定資産72,55772,65675,33675,13975,19775,35275,13178,92379,42579,55080,48180,277-
のれん31,65231,00829,18926,67726,88926,80225,35924,54223,14722,35721,35020,387-
無形固定資産35,23834,42232,47429,72429,86429,69628,11727,15925,58024,64423,52722,465-
投資有価証券--2,743---2,217---1,805--
繰延税金資産--6,529---6,988------
貸倒引当金-97-97-98-98-86-86-97-102-103-103-108-108-
敷金および保証金-------------
投資その他の資産9,94510,01311,32810,68611,47710,56911,47310,94611,13910,75011,30211,061-
固定資産117,740117,091119,139115,550116,538115,619114,722117,030116,145114,944115,311113,803-
総資産282,829284,176292,733285,261290,578288,329290,320287,488278,177281,931278,972274,188-
 
負債
有利子負債合計19,77418,54419,73219,26119,00517,61617,19115,68415,08613,60513,10511,545-
仕入債務52,97054,32654,67853,37153,59853,95652,87351,31842,17249,62941,46541,500-
前受金-------------
未払法人税等3,0741,9402,8891,3492,6459772,4291,2851,9361,1612,6381,277-
繰延税金負債(固定)-------------
負債101,789100,505106,312101,980102,97198,731100,09497,82588,36792,06486,67484,106-
 
純資産
資本金23,20123,20123,20123,20123,22023,22023,22023,23223,24923,24923,24923,272-
資本剰余金26,82926,82926,82926,82926,84826,84726,84226,85526,87126,87026,87026,894-
利益剰余金134,882136,551137,743139,243142,531142,722145,484144,543147,209147,836149,471149,075-
自己株式-7,714-7,715-7,711-7,689-7,675-7,668-7,642-7,631-7,630-7,626-7,610-7,586-
非支配株主持分547527503498501497488480461448437420-
純資産181,039183,670186,420183,280187,606189,598190,226189,662189,809189,866192,298190,082-
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9,21914,78516,6665,26910,10714,60518,3382,7956,49011,29213,9393,478-
減価償却費4,4526,7079,0312,1574,3586,5628,7002,3064,6467,0109,4912,319-
のれん償却額1,7272,5853,4278041,6222,4563,2958231,6412,4443,264796-
減損損失--1,041-------545--
受取利息及び受取配当金-361-436-492-291-361-458-530-95-175-279-352-91-
売上債権の増減額-5,868-6,473-5,2291,242-763-3422,4102,5277,5612,5996,3851,935-
棚卸資産の増減額-2,249-2,673-3,682-1,046-1,073-1,379-2,720-1,497-3,016-1,892224-1,118-
仕入債務の増減額8,3149,1148,967-541248101-1,015-1,583-10,177-2,559-11,325749-
営業CF13,54518,74326,8194,38310,42314,92722,8582,2714,77412,10018,5016,335-
投資CF
有価証券の取得00-4000-4000-660-
有価証券の売却・償還53653653600030010100-
固定資産の購入-3,583-4,927-8,207-2,570-5,903-8,717-10,919-2,357-6,316-9,455-12,601-2,248-
固定資産の売却546913202022944214258614-
貸付け-------------
貸付金の回収-------------
投資CF-1,716-4,535-7,532-3,699-5,774-8,397-10,299-2,435-5,804-9,764-13,818-2,404-
財務CF
短期借入金の純増減額-211671,692883349572212173-376-428-920--
長期借入れ-------------
長期借入金の返済-1,533-3,059-3,059-1,506-1,506-3,039-3,039-1,510-1,510-3,037-3,021-1,500-
社債の発行-------------
社債の償還-------------
自己株式の取得00-100-1-100-1-1--
自己株式の売却-------------
配当金の支払-2,380-4,751-4,762-2,366-2,377-5,126-5,196-2,797-2,814-5,625-5,632-2,800-
財務CF-4,246-7,922-6,363-3,048-3,652-7,764-8,246-4,319-5,075-9,644-10,284-4,466-
換算差額126424834-849-910-490-1,05138-806-982-441-779-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額3,5834,9278,2072,5705,9038,7179,5162,3576,3169,45512,9142,248-
研究開発費------8,319---7,860--
発行済株式総数72,151,601株72,151,505株72,154,001株72,166,462株72,186,794株72,190,538株72,205,170株72,221,406株72,237,134株72,239,562株72,248,366株72,282,066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--4,794人---4,888人---4,948人--
売上/従業員(千円)--51,946---51,338---48,651--
営利/従業員(千円)--4,192---3,678---3,120--
四半期売上(百万円)
売上5y CAGR・予想:3.9 %
四半期利益(百万円)
営利5y CAGR・予想:-2.5 %
純利5y CAGR・予想:-1.0 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上62,37963,43962,50761,91763,17164,04661,80858,56360,20260,54261,42056,023240,000
前期比122.3%122.8%113.9%102.0%101.3%101.0%98.9%94.6%95.3%94.5%99.4%95.7%99.7%
売上原価46,36547,10147,50446,02047,69248,25147,70144,70845,60044,92447,05542,111-
売上総利益16,01416,33815,00215,89715,47915,79514,10713,85514,60115,61914,36513,911-
%25.7%25.8%24.0%25.7%24.5%24.7%22.8%23.7%24.3%25.8%23.4%24.8%-
販管費10,93010,56310,72610,80310,74610,97510,77610,82110,68710,76710,72410,366-
営業利益5,0845,7754,2765,0944,7324,8203,3313,0333,9154,8513,6413,54515,000
前期比107.7%128.3%117.0%102.7%93.1%83.5%77.9%59.5%82.7%100.6%109.3%116.9%97.2%
%8.2%9.1%6.8%8.2%7.5%7.5%5.4%5.2%6.5%8.0%5.9%6.3%6.3%
受取利息および受取配当金0002910009500090-
持分法による投資利益000-000-000--
営業外収益16214515044847668273210150187154203-
支払利息525557596060174036257746-
持分法による投資損失000-000-000--
営業外費用2263231,451274370390215447371237601270-
経常利益5,0195,5972,9755,2694,8384,4983,3882,7953,6954,8023,1923,47815,000
固定資産売却益000-00345-000--
投資有価証券売却益100-000-000--
特別利益100-00345-000--
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001,041-000-00545--
特別損失16311,094-000-00545--
税引前利益5,0045,5661,8815,2694,8384,4983,7332,7953,6954,8022,6473,478-
法人税等1,7421,5367171,3851,5541,5009779281,0451,3711,0221,072-
%34.8%27.6%38.1%26.3%32.1%33.3%26.2%33.2%28.3%28.6%38.6%30.8%-
当期純利益3,2624,0301,1653,8833,2842,9982,7561,8672,6503,4301,6262,405-
非支配株主に帰属する当期純利益-38-20-272-4-8-5-7-18-13-9-16-
親会社株主に帰属する当期純利益3,3004,0501,1923,8813,2883,0062,7621,8752,6673,4431,6352,42111,000
前期比109.5%114.7%42.6%142.9%99.6%74.2%231.7%48.3%81.1%114.5%59.2%129.1%114.3%
%5.3%6.4%1.9%6.3%5.2%4.7%4.5%3.2%4.4%5.7%2.7%4.3%4.6%
 
EBITDA16,22325,11132,5538,05515,80623,66429,9726,16213,23521,25328,1956,660-
EPS156.0円156.0円156.0円179.3円179.2円179.2円179.2円133.2円133.2円133.2円133.2円133.1円152.2円
BPS2,498.5円2,535.3円2,573.7円2,530.0円2,589.4円2,617.0円2,625.5円2,617.4円2,619.2円2,620.1円2,653.8円2,622.5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)250,000250,000250,000257,000257,000257,000257,000260,000260,000260,000260,000240,000240,000
対実績比49.2%74.6%99.6%24.1%48.7%73.6%97.6%22.5%45.7%69.0%92.6%23.3%-
営業利益(期初予)20,00020,00020,00023,00023,00023,00023,00019,00019,00019,00019,00015,00015,000
対実績比50.2%79.1%100.5%22.1%42.7%63.7%78.2%16.0%36.6%62.1%81.3%23.6%-
純利益(期初予)13,50013,50013,50016,00016,00016,00016,00013,50013,50013,50013,50011,00011,000
対実績比44.6%74.6%83.4%24.3%44.8%63.6%80.9%13.9%33.6%59.1%71.3%22.0%-
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3,050円3,145円3,090円3,215円2,910円2,365円2,394円2,245円2,137円2,444円2,274円2,558円-
企業価値196,953195,638189,900193,093172,703132,370134,288117,144115,887138,064120,208140,618-
時価総額220,063226,917222,948231,975210,004170,722172,824162,101154,371176,548164,293184,898-
純有利子負債-31,279-33,048-38,882-37,301-38,352-38,536-44,957-42,053-38,484-40,169-44,085-44,280-
PER(会予)16.3倍18.2倍17.8倍14.5倍13.1倍11.8倍13.3倍12.0倍11.4倍19.6倍18.3倍16.8倍-
PBR1.2倍1.3倍1.2倍1.2倍1.2倍0.9倍0.9倍0.9倍0.8倍0.9倍0.9倍1.0倍-
PER × PBR20.3倍22.9倍21.7倍18.1倍15.1倍10.8倍12.2倍10.3倍9.3倍18.3倍15.6倍16.4倍-
EV/EBITDA(会予)7.1倍7.0倍6.8倍5.4倍4.9倍4.1倍4.4倍3.8倍3.7倍5.4倍4.6倍5.1倍-
PSR(会予)0.9倍0.9倍0.9倍0.9倍0.8倍0.7倍0.7倍0.6倍0.6倍0.7倍0.7倍0.8倍-
PCFR(会予)10.3倍11.2倍11.0倍8.2倍7.4倍6.3倍6.8倍6.4倍6.1倍8.4倍7.6倍7.8倍-
配当金--66.0円---78.0円---78.0円-78.0円
配当利回り2.2%2.1%2.1%2.1%2.3%2.8%2.8%3.5%3.6%3.2%3.4%3.0%-
配当性向--42.3%---43.5%---58.6%--
自己資本配当率2.6%2.6%2.6%3.1%3.0%3.0%3.0%3.0%3.0%3.0%2.9%3.0%-
ROE6.2%6.2%6.1%7.1%6.9%6.8%6.8%5.1%5.1%5.1%5.0%5.1%-
純利益率(再掲)4.9%5.4%4.5%6.3%5.7%5.4%5.2%3.2%3.8%4.5%4.0%4.3%-
総資産回転率0.9回0.9回0.9回0.9回0.9回0.9回0.9回0.8回0.9回0.9回0.9回0.9回-
財務レバレッジ1.6倍1.6倍1.6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1.4倍-
実質ROE6.0%5.9%5.8%6.8%6.6%6.6%6.6%4.9%4.9%4.9%4.8%4.9%-
ROIC7.3%7.2%7.1%6.2%6.1%6.1%6.1%5.4%5.4%5.5%5.4%5.5%-
ROA4.0%4.0%3.8%4.5%4.5%4.5%4.5%3.3%3.5%3.4%3.4%3.5%-
β0.570.540.550.670.620.730.750.760.800.810.720.76-
βの決定係数(R2)0.200.180.200.260.230.350.360.370.410.420.400.45-
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51,05351,59258,61456,56257,35756,15262,14857,73753,57053,77457,19055,825-
売上債権72,66673,48772,59070,63172,72172,63669,47966,99061,44166,21962,89660,605-
棚卸資産36,66837,25138,50438,82339,08439,75040,71642,27343,37142,16540,43341,193-
有価証券-------------
前払金-------------
繰延税金資産--1,483----------
貸倒引当金-117-124-109-103-117-120-85-75-103-92-82-85-
流動資産165,088167,084173,593169,710174,039172,710175,597170,458162,031166,986163,660160,384-
固定資産
建物・構築物31,76932,59932,34232,21431,82631,54531,45233,47433,04032,85635,96535,231-
機械・運搬具25,36225,36024,96226,30126,08525,56825,05526,32825,89525,64226,82226,522-
土地11,05311,07811,08311,07211,08011,16211,35611,21611,19011,19311,23811,128-
建設仮勘定2,4571,7055,0873,7104,3165,2475,5074,5635,6796,1482,7083,901-
有形固定資産72,55772,65675,33675,13975,19775,35275,13178,92379,42579,55080,48180,277-
のれん31,65231,00829,18926,67726,88926,80225,35924,54223,14722,35721,35020,387-
無形固定資産35,23834,42232,47429,72429,86429,69628,11727,15925,58024,64423,52722,465-
投資有価証券--2,743---2,217---1,805--
繰延税金資産--6,529---6,988------
貸倒引当金-97-97-98-98-86-86-97-102-103-103-108-108-
敷金および保証金-------------
投資その他の資産9,94510,01311,32810,68611,47710,56911,47310,94611,13910,75011,30211,061-
固定資産117,740117,091119,139115,550116,538115,619114,722117,030116,145114,944115,311113,803-
総資産282,829284,176292,733285,261290,578288,329290,320287,488278,177281,931278,972274,188-
 
負債
有利子負債合計19,77418,54419,73219,26119,00517,61617,19115,68415,08613,60513,10511,545-
仕入債務52,97054,32654,67853,37153,59853,95652,87351,31842,17249,62941,46541,500-
前受金-------------
未払法人税等3,0741,9402,8891,3492,6459772,4291,2851,9361,1612,6381,277-
繰延税金負債(固定)-------------
負債101,789100,505106,312101,980102,97198,731100,09497,82588,36792,06486,67484,106-
 
純資産
資本金23,20123,20123,20123,20123,22023,22023,22023,23223,24923,24923,24923,272-
資本剰余金26,82926,82926,82926,82926,84826,84726,84226,85526,87126,87026,87026,894-
利益剰余金134,882136,551137,743139,243142,531142,722145,484144,543147,209147,836149,471149,075-
自己株式-7,714-7,715-7,711-7,689-7,675-7,668-7,642-7,631-7,630-7,626-7,610-7,586-
非支配株主持分547527503498501497488480461448437420-
純資産181,039183,670186,420183,280187,606189,598190,226189,662189,809189,866192,298190,082-
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9,21914,78516,6665,26910,10714,60518,3382,7956,49011,29213,9393,478-
減価償却費4,4526,7079,0312,1574,3586,5628,7002,3064,6467,0109,4912,319-
のれん償却額1,7272,5853,4278041,6222,4563,2958231,6412,4443,264796-
減損損失001,041-000-00545--
受取利息及び受取配当金-361-436-492-291-361-458-530-95-175-279-352-91-
売上債権の増減額-5,868-6,473-5,2291,242-763-3422,4102,5277,5612,5996,3851,935-
棚卸資産の増減額-2,249-2,673-3,682-1,046-1,073-1,379-2,720-1,497-3,016-1,892224-1,118-
仕入債務の増減額8,3149,1148,967-541248101-1,015-1,583-10,177-2,559-11,325749-
営業CF13,54518,74326,8194,38310,42314,92722,8582,2714,77412,10018,5016,335-
投資CF
有価証券の取得00-4000-4000-660-
有価証券の売却・償還53653653600030010100-
固定資産の購入-3,583-4,927-8,207-2,570-5,903-8,717-10,919-2,357-6,316-9,455-12,601-2,248-
固定資産の売却546913202022944214258614-
貸付け-------------
貸付金の回収-------------
投資CF-1,716-4,535-7,532-3,699-5,774-8,397-10,299-2,435-5,804-9,764-13,818-2,404-
財務CF
短期借入金の純増減額-211671,692883349572212173-376-428-920--
長期借入れ-------------
長期借入金の返済-1,533-3,059-3,059-1,506-1,506-3,039-3,039-1,510-1,510-3,037-3,021-1,500-
社債の発行-------------
社債の償還-------------
自己株式の取得00-100-1-100-1-1--
自己株式の売却-------------
配当金の支払-2,380-4,751-4,762-2,366-2,377-5,126-5,196-2,797-2,814-5,625-5,632-2,800-
財務CF-4,246-7,922-6,363-3,048-3,652-7,764-8,246-4,319-5,075-9,644-10,284-4,466-
換算差額126424834-849-910-490-1,05138-806-982-441-779-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額3,5834,9278,2072,5705,9038,7179,5162,3576,3169,45512,9142,248-
研究開発費------8,319---7,860--
発行済株式総数72,151,601株72,151,505株72,154,001株72,166,462株72,186,794株72,190,538株72,205,170株72,221,406株72,237,134株72,239,562株72,248,366株72,282,066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--4,794人---4,888人---4,948人--
売上/従業員(千円)--51,946---51,338---48,651--
営利/従業員(千円)--4,192---3,678---3,120--