通期売上(百万円)
売上5y CAGR・予想:-1.0 %
通期利益(百万円)
営利5y CAGR・予想:-5.3 %
純利5y CAGR・予想:-13.2 %
P/L
2017.122018.122019.122020.12E
売上315,622315,155320,200334,000
前期比102.6%99.9%101.6%104.3%
売上原価205,495202,524206,265-
売上総利益110,126112,630113,934-
%34.9%35.7%35.6%-
販管費92,53594,33497,190-
営業利益17,59118,29616,74317,400
前期比113.9%104.0%91.5%103.9%
%5.6%5.8%5.2%5.2%
受取利息および受取配当金9979181,460-
持分法による投資利益857166-
営業外収益2,7652,2952,711-
支払利息308257249-
持分法による投資損失----
営業外費用1,2261,4131,256-
経常利益19,13019,17818,19818,500
固定資産売却益--1,133-
投資有価証券売却益--2,980-
特別利益-1,0804,114-
固定資産売却損----
投資有価証券売却損----
減損損失29825347-
特別損失42744689-
税引前利益18,70220,21421,623-
法人税等3,6255,9136,235-
%19.4%29.3%28.8%-
当期純利益15,07714,30115,387-
非支配株主に帰属する当期純利益776983-
親会社株主に帰属する当期純利益15,00014,23115,30315,400
前期比123.1%94.9%107.5%100.6%
%4.8%4.5%4.8%4.6%
 
EBITDA24,10624,66122,847-
EPS126.8円120.3円129.4円121.7円
BPS1,713.1円1,751.7円1,854.9円-
期初会社予想
2017.122018.122019.122020.12E
売上高(期初予)316,000318,000326,000334,000
対実績比99.9%99.1%98.2%-
営業利益(期初予)16,00018,00018,80017,400
対実績比109.9%101.6%89.1%-
純利益(期初予)12,50013,80014,40015,400
対実績比120.0%103.1%106.3%-
配当
ROEデュポン分解
β
マルチプル
2017.122018.122019.122020.12E
株価2,093円1,605円1,634円-
企業価値202,629126,284154,159-
時価総額247,534189,814193,284-
純有利子負債-45,182-62,825-52,364-
PER(会予)17.8倍13.8倍13.4倍-
PBR1.3倍0.9倍0.9倍-
PER × PBR22.4倍12.3倍12.1倍-
EV/EBITDA(会予)8.7倍5.2倍6.7倍-
PSR(会予)0.8倍0.6倍0.6倍-
PCFR(会予)12.1倍9.3倍9.3倍-
配当金29.0円32.0円39.0円37.0円
配当利回り1.1%1.8%2.0%-
配当性向22.9%26.6%30.1%-
自己資本配当率1.7%1.8%2.1%-
ROE7.4%6.9%7.0%-
純利益率(再掲)4.8%4.5%4.8%-
総資産回転率1.0回1.0回1.0回-
財務レバレッジ1.5倍1.5倍1.5倍-
実質ROE6.9%6.4%6.5%-
ROIC6.5%5.6%4.5%-
ROA4.9%4.7%4.8%-
β0.770.730.72-
βの決定係数(R2)0.270.260.24-
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58,94176,71865,565-
売上債権65,51963,44064,672-
棚卸資産31,77331,74734,093-
有価証券11,2817,79718,498-
前払金----
繰延税金資産1,8461,287--
貸倒引当金-116-108-104-
流動資産174,177184,216187,640-
固定資産
建物・構築物19,97519,46818,716-
機械・運搬具5,8605,6245,464-
土地31,74331,73131,595-
建設仮勘定291179415-
有形固定資産61,69161,01459,927-
のれん230176143-
無形固定資産8,2587,4897,544-
投資有価証券52,67543,48654,670-
繰延税金資産306272366-
貸倒引当金-496-509-85-
敷金および保証金----
投資その他の資産61,01950,97963,303-
固定資産130,969119,483130,776-
総資産305,147303,700318,416-
 
負債
有利子負債合計13,75913,89313,201-
仕入債務52,56751,59453,792-
前受金----
未払法人税等3,0162,4803,685-
繰延税金負債(固定)6,3063,1283,520-
負債100,65394,73897,136-
 
純資産
資本金15,84715,84715,847-
資本剰余金18,09918,09918,105-
利益剰余金161,582172,090183,313-
自己株式-14,350-14,355-14,322-
非支配株主持分1,8911,8001,865-
純資産204,493208,962221,279-
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18,70220,21421,623-
減価償却費6,4836,3356,075-
のれん償却額323029-
減損損失29825347-
受取利息及び受取配当金-997-919-1,461-
売上債権の増減額-4,6831,882-889-
棚卸資産の増減額-1,211-1,208-2,512-
仕入債務の増減額4,054-7902,285-
営業CF17,50020,88016,723-
投資CF
有価証券の取得-664-27-526-
有価証券の売却・償還2,2641,5936,882-
固定資産の購入-4,894-4,098-4,850-
固定資産の売却1571,285-
貸付け----
貸付金の回収2219155-
投資CF-1,660-2,427-9,693-
財務CF
短期借入金の純増減額15185-567-
長期借入れ4354--
長期借入金の返済-143-88-88-
社債の発行----
社債の償還-10,000---
自己株式の取得-5-4-2-
自己株式の売却----
配当金の支払-3,309-3,717-4,070-
財務CF-14,636-4,585-5,829-
換算差額88-162-69-
その他
2017.122018.122019.122020.12E
設備投資額5,3965,4585,588-
研究開発費--1,327-
発行済株式総数118,266,191株118,263,763株118,288,166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6,699人6,784人6,961人-
売上/従業員(千円)47,11546,45645,999-
営利/従業員(千円)2,6262,6972,405-
四半期売上(百万円)
売上5y CAGR・予想:-1.0 %
四半期利益(百万円)
営利5y CAGR・予想:-5.3 %
純利5y CAGR・予想:-13.2 %
P/L
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上315,62288,128167,081235,994315,15589,269167,652243,469320,20090,283155,813223,664296,000
前期比102.6%98.1%100.8%100.4%99.9%101.3%100.3%103.2%101.6%101.1%92.9%91.9%92.4%
売上原価205,49555,066105,668150,171202,52455,903106,270155,670206,26555,42498,159142,299-
売上総利益110,12633,06161,41285,822112,63033,36561,38187,799113,93434,85857,65381,365-
%34.9%37.5%36.8%36.4%35.7%37.4%36.6%36.1%35.6%38.6%37.0%36.4%-
販管費92,53524,07047,73270,26394,33425,12549,76273,05097,19025,92247,56269,166-
営業利益17,5918,99113,68015,55818,2968,23911,61914,74916,7438,93610,09012,19812,400
前期比113.9%97.5%106.6%107.5%104.0%91.6%84.9%94.8%91.5%108.5%86.8%82.7%74.1%
%5.6%10.2%8.2%6.6%5.8%9.2%6.9%6.1%5.2%9.9%6.5%5.5%4.2%
受取利息および受取配当金9971735836189186301,1131,1491,46080450--
持分法による投資利益8540616271233758669---
営業外収益2,7655841,3121,6642,2951,0851,7282,0902,7113821,0321,379-
支払利息308631431892576814919724954111159-
持分法による投資損失----------938--
営業外費用1,2264147199831,4132197221,1651,2564171,6561,790-
経常利益19,1309,16114,27216,24019,1789,10512,62515,67418,1988,9019,46711,78712,200
固定資産売却益--------1,133----
投資有価証券売却益-----9689689682,980----
特別利益-8201,0801,0801,0809689689684,114--525-
固定資産売却損-------------
投資有価証券売却損-------------
減損損失298---25--195347----
特別損失427---4411196689--25-
税引前利益18,7029,98215,35317,32020,21410,07213,59216,44521,6238,9019,46712,286-
法人税等3,6252,8854,3524,9095,9132,8783,8724,7906,2352,8663,2784,008-
%19.4%28.9%28.3%28.3%29.3%28.6%28.5%29.1%28.8%32.2%34.6%32.6%-
当期純利益15,0777,09611,00012,41114,3017,1939,71911,65515,3876,0356,1888,277-
非支配株主に帰属する当期純利益77318386696518183-29-99--
親会社株主に帰属する当期純利益15,0007,06410,91612,32414,2317,1879,66711,57415,3036,0646,2888,3306,900
前期比123.1%88.0%99.4%99.4%94.9%101.7%88.6%93.9%107.5%84.4%65.0%72.0%45.1%
%4.8%8.0%6.5%5.2%4.5%8.1%5.8%4.8%4.8%6.7%4.0%3.7%2.3%
 
EBITDA24,10610,55016,78120,27224,6619,76014,62619,33322,84710,44613,08216,768-
EPS126.8円120.3円120.3円120.3円120.3円129.4円129.4円129.4円129.4円129.4円129.3円129.3円42.3円
BPS1,713.1円1,746.6円1,781.6円1,788.3円1,751.7円1,801.4円1,808.1円1,809.9円1,854.9円1,859.9円1,882.5円1,889.8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)316,000318,000318,000318,000318,000326,000326,000326,000326,000334,000334,000334,000296,000
対実績比99.9%27.7%52.5%74.2%99.1%27.4%51.4%74.7%98.2%27.0%46.7%67.0%-
営業利益(期初予)16,00018,00018,00018,00018,00018,80018,80018,80018,80017,40017,40017,40012,400
対実績比109.9%50.0%76.0%86.4%101.6%43.8%61.8%78.5%89.1%51.4%58.0%70.1%-
純利益(期初予)12,50013,80013,80013,80013,80014,40014,40014,40014,40015,40015,40015,4006,900
対実績比120.0%51.2%79.1%89.3%103.1%49.9%67.1%80.4%106.3%39.4%40.8%54.1%-
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2,093円2,093円1,967円2,046円1,605円1,624円1,508円1,508円1,634円1,512円1,302円1,320円-
企業価値202,629202,349188,600178,627126,284129,235114,071139,255154,159148,74483,373115,037-
時価総額247,534247,531232,628241,969189,814192,060178,341178,380193,284178,851154,050156,179-
純有利子負債-45,182-44,028-63,342-63,530-62,825-64,270-60,282-39,125-52,364-30,107-70,677-41,142-
PER(会予)17.8倍17.9倍16.9倍17.5倍13.8倍13.3倍12.4倍12.4倍13.4倍11.6倍-31.2倍-
PBR1.3倍1.2倍1.1倍1.1倍0.9倍0.9倍0.8倍0.8倍0.9倍0.8倍0.7倍0.7倍-
PER × PBR22.4倍21.9倍19.0倍20.1倍12.3倍12.4倍10.4倍10.3倍12.1倍9.4倍-21.8倍-
EV/EBITDA(会予)8.7倍8.3倍7.7倍7.3倍5.2倍5.1倍4.9倍6.0倍6.7倍6.3倍-7.4倍-
PSR(会予)0.8倍0.8倍0.7倍0.8倍0.6倍0.6倍0.6倍0.6倍0.6倍0.5倍-0.5倍-
PCFR(会予)12.1倍12.2倍11.5倍11.9倍9.3倍9.2倍8.6倍8.6倍9.3倍8.3倍25.2倍14.1倍-
配当金29.0円---32.0円---39.0円---39.0円
配当利回り1.1%1.4%1.5%1.4%1.8%2.0%2.1%2.1%2.0%2.6%3.0%3.0%-
配当性向22.9%---26.6%---30.1%----
自己資本配当率1.7%1.8%1.8%1.8%1.8%2.2%2.2%2.2%2.1%2.1%2.1%2.1%-
ROE7.4%6.9%6.8%6.7%6.9%7.2%7.2%7.1%7.0%7.0%6.9%6.8%-
純利益率(再掲)4.8%8.0%6.5%5.2%4.5%8.1%5.8%4.8%4.8%6.7%4.0%3.7%-
総資産回転率1.0回1.0回1.0回1.0回1.0回1.0回1.0回1.1回1.0回1.0回1.0回1.1回-
財務レバレッジ1.5倍1.5倍1.5倍1.4倍1.5倍1.5倍1.5倍1.4倍1.5倍1.4倍1.4倍1.4倍-
実質ROE6.9%6.4%6.3%6.3%6.4%6.7%6.7%6.7%6.5%6.5%6.5%--
ROIC6.5%5.6%5.5%5.5%5.6%4.6%4.6%4.6%4.5%4.5%4.4%4.4%-
ROA4.9%4.5%4.5%4.7%4.7%4.8%4.9%5.1%4.8%4.8%5.0%5.1%-
β0.770.770.680.650.730.680.660.700.720.620.550.55-
βの決定係数(R2)0.270.280.210.190.260.240.210.230.240.230.190.19-
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58,94158,26676,96576,91676,71878,98774,37552,46765,56543,79984,41154,664-
売上債権65,51977,78765,08353,98063,44076,38063,27358,92064,67277,86953,99652,109-
棚卸資産31,77334,25530,09431,04731,74734,89731,96232,94434,09335,55432,65631,051-
有価証券11,28112,4838,0817,7007,7978,00513,11125,23818,49829,997---
前払金-------------
繰延税金資産1,846---1,287--------
貸倒引当金-116-112-109-96-108-99-104-100-104-110-100--
流動資産174,177188,523185,863175,084184,216202,253186,816173,368187,640191,509175,144171,162-
固定資産
建物・構築物19,97519,64119,73519,57419,46819,25018,89418,76118,71618,32118,185--
機械・運搬具5,860---5,624---5,464----
土地31,74331,73931,73731,73831,73131,73631,72431,72231,59531,58131,58031,367-
建設仮勘定291---179---415----
有形固定資産61,69160,95961,09360,77161,01460,57260,12459,97359,92759,80160,22960,136-
のれん230205194182176172160150143127119113-
無形固定資産8,2587,6767,6037,2437,4897,2867,3947,2417,5447,3097,5647,550-
投資有価証券52,67550,96550,18251,83943,48643,69551,74452,48654,67050,94853,609--
繰延税金資産306---272---366----
貸倒引当金-496-487-486-508-509-506-439-431-85-84-80--
敷金および保証金-------------
投資その他の資産61,01959,36058,49460,22450,97951,18659,20859,98363,30359,72662,240--
固定資産130,969127,996127,191128,239119,483119,045126,726127,199130,776126,838130,035131,232-
総資産305,147316,520313,054303,323303,700321,298313,543300,567318,416318,347305,180302,395-
 
負債
有利子負債合計13,75914,23813,62313,38613,89314,71714,09313,34213,20113,69213,73413,522-
仕入債務52,56760,18750,35844,18051,59460,49950,60542,95253,79253,14236,58436,056-
前受金-------------
未払法人税等3,0162,4763,5481,7472,4802,6103,2221,7433,6853,0042,989--
繰延税金負債(固定)6,306---3,128---3,520----
負債100,653108,134100,51690,02094,738106,42797,83484,63697,13696,57480,76877,047-
 
純資産
資本金15,84715,84715,84715,84715,84715,84715,84715,84715,84715,84715,84715,847-
資本剰余金18,09918,09918,09918,09918,09918,09918,10518,10518,10518,10518,109--
利益剰余金161,582166,814170,675170,180172,090177,384179,865179,533183,313186,952187,176186,911-
自己株式-14,350-14,352-14,354-14,354-14,355-14,356-14,321-14,321-14,322-14,322-14,281--
非支配株主持分1,8911,8191,8441,8081,8001,8271,8351,8411,8651,7671,6761,747-
純資産204,493208,386212,538213,303208,962214,871215,708215,930221,279221,773224,411225,347-
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18,7029,98215,35317,32020,21410,07213,59216,44521,6238,9019,467--
減価償却費6,4831,5523,0864,6916,3351,5142,9934,5636,0751,5032,9794,550-
のれん償却額327152330714212971320-
減損損失298---25--195347----
受取利息及び受取配当金-997-174-584-618-919-630-1,114-1,149-1,461-80-450--
売上債権の増減額-4,683-12,41128811,3781,882-12,8401194,432-889-13,30110,573--
棚卸資産の増減額-1,211-3,575539-469-1,208-3,042-359-1,480-2,512-1,7121,128--
仕入債務の増減額4,0547,756-2,066-8,235-7908,859-902-8,4922,285-556-17,093--
営業CF17,5002,17517,46920,27020,8803,23115,79710,59116,723-6,3766,51510,072-
投資CF
有価証券の取得-664-5-15-21-27-505-511-520-526-5-120-
有価証券の売却・償還2,2644027051,1901,5931,7792,6812,6846,8825015030-
固定資産の購入-4,894-591-1,856-2,759-4,098-891-2,142-3,405-4,850-1,488-3,256-4,717-
固定資産の売却1500070001,285000-
貸付け-------------
貸付金の回収22-161819-8082155-1--
投資CF-1,660-80-781-1,191-2,427536-9,539-10,982-9,693-1,268-3,327-3,877-
財務CF
短期借入金の純増減額15168997-7785807270-419-567632692--
長期借入れ4---354--------
長期借入金の返済-143-37-44-88-88-43-44-87-88-40-21--
社債の発行-------------
社債の償還-10,000------------
自己株式の取得-5-1-3-4-400-1-200--
自己株式の売却-------------
配当金の支払-3,309-1,834-1,830-3,722-3,717-1,894-1,888-4,078-4,070-2,426-2,417--
財務CF-14,636-1,507-2,403-4,808-4,585-1,401-2,211-5,404-5,829-2,118-2,309-5,117-
換算差額88-101-98-83-16245-106-166-69-114-135--
その他
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
設備投資額5,3965911,8562,7595,4588912,1423,4055,5881,4883,2564,717-
研究開発費--------1,327----
発行済株式総数118,266,191株118,265,282株118,264,422株118,264,135株118,263,763株118,263,453株118,289,007株118,288,851株118,288,166株118,287,848株118,317,960株118,317,506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6,699人---6,784人---6,961人----
売上/従業員(千円)47,115---46,456---45,999----
営利/従業員(千円)2,626---2,697---2,405----
四半期売上(百万円)
売上5y CAGR・予想:-1.0 %
四半期利益(百万円)
営利5y CAGR・予想:-5.3 %
純利5y CAGR・予想:-13.2 %
P/L
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
売上80,57688,12878,95368,91379,16189,26978,38375,81776,73190,28365,53067,851296,000
前期比107.8%98.1%104.0%99.5%98.2%101.3%99.3%110.0%96.9%101.1%83.6%89.5%92.4%
売上原価53,91755,06650,60244,50352,35355,90350,36749,40050,59555,42442,73544,140-
売上総利益26,65933,06128,35124,41026,80833,36528,01626,41826,13534,85822,79523,712-
%33.1%37.5%35.9%35.4%33.9%37.4%35.7%34.8%34.1%38.6%34.8%34.9%-
販管費23,54024,07023,66222,53124,07125,12524,63723,28824,14025,92221,64021,604-
営業利益3,1198,9914,6891,8782,7388,2393,3803,1301,9948,9361,1542,10812,400
前期比166.3%97.5%129.9%114.4%87.8%91.6%72.1%166.7%72.8%108.5%34.1%67.3%74.1%
%3.9%10.2%5.9%2.7%3.5%9.2%4.3%4.1%2.6%9.9%1.8%3.1%4.2%
受取利息および受取配当金01730006300008000-
持分法による投資利益2540211923142189-90-
営業外収益7305847283526311,085643362621382650347-
支払利息716380466868814852545748-
持分法による投資損失0-000-000-938-938-
営業外費用378414305264430219503443914171,239134-
経常利益3,4719,1615,1111,9682,9389,1053,5203,0492,5248,9015662,32012,200
固定資産売却益0-000-001,133-00-
投資有価証券売却益0-000968002,012-00-
特別利益082026000968003,146-0525-
固定資産売却損0-000-000-00-
投資有価証券売却損0-000-000-00-
減損損失202-0025-0195152-00-
特別損失222-004410195493-025-
税引前利益3,2489,9825,3711,9672,89410,0723,5202,8535,1788,9015662,819-
法人税等6302,8851,4675571,0042,8789949181,4452,866412730-
%19.4%28.9%27.3%28.3%34.7%28.6%28.2%32.2%27.9%32.2%72.8%25.9%-
当期純利益2,6187,0963,9041,4111,8907,1932,5261,9363,7326,0351532,089-
非支配株主に帰属する当期純利益2331523-17645302-29-7099-
親会社株主に帰属する当期純利益2,5967,0643,8521,4081,9077,1872,4801,9073,7296,0642242,0426,900
前期比89.8%88.0%130.4%99.1%73.5%101.7%64.4%135.4%195.5%84.4%9.0%107.1%45.1%
%3.2%8.0%4.9%2.0%2.4%8.1%3.2%2.5%4.9%6.7%0.3%3.0%2.3%
 
EBITDA24,10610,55016,78120,27224,6619,76014,62619,33322,84710,44613,08216,768-
EPS126.8円120.3円120.3円120.3円120.3円129.4円129.4円129.4円129.4円129.4円129.3円129.3円42.3円
BPS1,713.1円1,746.6円1,781.6円1,788.3円1,751.7円1,801.4円1,808.1円1,809.9円1,854.9円1,859.9円1,882.5円1,889.8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)316,000318,000318,000318,000318,000326,000326,000326,000326,000334,000334,000334,000296,000
対実績比99.9%27.7%52.5%74.2%99.1%27.4%51.4%74.7%98.2%27.0%46.7%67.0%-
営業利益(期初予)16,00018,00018,00018,00018,00018,80018,80018,80018,80017,40017,40017,40012,400
対実績比109.9%50.0%76.0%86.4%101.6%43.8%61.8%78.5%89.1%51.4%58.0%70.1%-
純利益(期初予)12,50013,80013,80013,80013,80014,40014,40014,40014,40015,40015,40015,4006,900
対実績比120.0%51.2%79.1%89.3%103.1%49.9%67.1%80.4%106.3%39.4%40.8%54.1%-
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2,093円2,093円1,967円2,046円1,605円1,624円1,508円1,508円1,634円1,512円1,302円1,320円-
企業価値202,629202,349188,600178,627126,284129,235114,071139,255154,159148,74483,373115,037-
時価総額247,534247,531232,628241,969189,814192,060178,341178,380193,284178,851154,050156,179-
純有利子負債-45,182-44,028-63,342-63,530-62,825-64,270-60,282-39,125-52,364-30,107-70,677-41,142-
PER(会予)17.8倍17.9倍16.9倍17.5倍13.8倍13.3倍12.4倍12.4倍13.4倍11.6倍-31.2倍-
PBR1.3倍1.2倍1.1倍1.1倍0.9倍0.9倍0.8倍0.8倍0.9倍0.8倍0.7倍0.7倍-
PER × PBR22.4倍21.9倍19.0倍20.1倍12.3倍12.4倍10.4倍10.3倍12.1倍9.4倍-21.8倍-
EV/EBITDA(会予)8.7倍8.3倍7.7倍7.3倍5.2倍5.1倍4.9倍6.0倍6.7倍6.3倍-7.4倍-
PSR(会予)0.8倍0.8倍0.7倍0.8倍0.6倍0.6倍0.6倍0.6倍0.6倍0.5倍-0.5倍-
PCFR(会予)12.1倍12.2倍11.5倍11.9倍9.3倍9.2倍8.6倍8.6倍9.3倍8.3倍25.2倍14.1倍-
配当金29.0円---32.0円---39.0円---39.0円
配当利回り1.1%1.4%1.5%1.4%1.8%2.0%2.1%2.1%2.0%2.6%3.0%3.0%-
配当性向22.9%---26.6%---30.1%----
自己資本配当率1.7%1.8%1.8%1.8%1.8%2.2%2.2%2.2%2.1%2.1%2.1%2.1%-
ROE7.4%6.9%6.8%6.7%6.9%7.2%7.2%7.1%7.0%7.0%6.9%6.8%-
純利益率(再掲)4.8%8.0%6.5%5.2%4.5%8.1%5.8%4.8%4.8%6.7%4.0%3.7%-
総資産回転率1.0回1.0回1.0回1.0回1.0回1.0回1.0回1.1回1.0回1.0回1.0回1.1回-
財務レバレッジ1.5倍1.5倍1.5倍1.4倍1.5倍1.5倍1.5倍1.4倍1.5倍1.4倍1.4倍1.4倍-
実質ROE6.9%6.4%6.3%6.3%6.4%6.7%6.7%6.7%6.5%6.5%6.5%--
ROIC6.5%5.6%5.5%5.5%5.6%4.6%4.6%4.6%4.5%4.5%4.4%4.4%-
ROA4.9%4.5%4.5%4.7%4.7%4.8%4.9%5.1%4.8%4.8%5.0%5.1%-
β0.770.770.680.650.730.680.660.700.720.620.550.55-
βの決定係数(R2)0.270.280.210.190.260.240.210.230.240.230.190.19-
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58,94158,26676,96576,91676,71878,98774,37552,46765,56543,79984,41154,664-
売上債権65,51977,78765,08353,98063,44076,38063,27358,92064,67277,86953,99652,109-
棚卸資産31,77334,25530,09431,04731,74734,89731,96232,94434,09335,55432,65631,051-
有価証券11,28112,4838,0817,7007,7978,00513,11125,23818,49829,997---
前払金-------------
繰延税金資産1,846---1,287--------
貸倒引当金-116-112-109-96-108-99-104-100-104-110-100--
流動資産174,177188,523185,863175,084184,216202,253186,816173,368187,640191,509175,144171,162-
固定資産
建物・構築物19,97519,64119,73519,57419,46819,25018,89418,76118,71618,32118,185--
機械・運搬具5,860---5,624---5,464----
土地31,74331,73931,73731,73831,73131,73631,72431,72231,59531,58131,58031,367-
建設仮勘定291---179---415----
有形固定資産61,69160,95961,09360,77161,01460,57260,12459,97359,92759,80160,22960,136-
のれん230205194182176172160150143127119113-
無形固定資産8,2587,6767,6037,2437,4897,2867,3947,2417,5447,3097,5647,550-
投資有価証券52,67550,96550,18251,83943,48643,69551,74452,48654,67050,94853,609--
繰延税金資産306---272---366----
貸倒引当金-496-487-486-508-509-506-439-431-85-84-80--
敷金および保証金-------------
投資その他の資産61,01959,36058,49460,22450,97951,18659,20859,98363,30359,72662,240--
固定資産130,969127,996127,191128,239119,483119,045126,726127,199130,776126,838130,035131,232-
総資産305,147316,520313,054303,323303,700321,298313,543300,567318,416318,347305,180302,395-
 
負債
有利子負債合計13,75914,23813,62313,38613,89314,71714,09313,34213,20113,69213,73413,522-
仕入債務52,56760,18750,35844,18051,59460,49950,60542,95253,79253,14236,58436,056-
前受金-------------
未払法人税等3,0162,4763,5481,7472,4802,6103,2221,7433,6853,0042,989--
繰延税金負債(固定)6,306---3,128---3,520----
負債100,653108,134100,51690,02094,738106,42797,83484,63697,13696,57480,76877,047-
 
純資産
資本金15,84715,84715,84715,84715,84715,84715,84715,84715,84715,84715,84715,847-
資本剰余金18,09918,09918,09918,09918,09918,09918,10518,10518,10518,10518,109--
利益剰余金161,582166,814170,675170,180172,090177,384179,865179,533183,313186,952187,176186,911-
自己株式-14,350-14,352-14,354-14,354-14,355-14,356-14,321-14,321-14,322-14,322-14,281--
非支配株主持分1,8911,8191,8441,8081,8001,8271,8351,8411,8651,7671,6761,747-
純資産204,493208,386212,538213,303208,962214,871215,708215,930221,279221,773224,411225,347-
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18,7029,98215,35317,32020,21410,07213,59216,44521,6238,9019,467--
減価償却費6,4831,5523,0864,6916,3351,5142,9934,5636,0751,5032,9794,550-
のれん償却額327152330714212971320-
減損損失202-0025-0195152-00-
受取利息及び受取配当金-997-174-584-618-919-630-1,114-1,149-1,461-80-450--
売上債権の増減額-4,683-12,41128811,3781,882-12,8401194,432-889-13,30110,573--
棚卸資産の増減額-1,211-3,575539-469-1,208-3,042-359-1,480-2,512-1,7121,128--
仕入債務の増減額4,0547,756-2,066-8,235-7908,859-902-8,4922,285-556-17,093--
営業CF17,5002,17517,46920,27020,8803,23115,79710,59116,723-6,3766,51510,072-
投資CF
有価証券の取得-664-5-15-21-27-505-511-520-526-5-120-
有価証券の売却・償還2,2644027051,1901,5931,7792,6812,6846,8825015030-
固定資産の購入-4,894-591-1,856-2,759-4,098-891-2,142-3,405-4,850-1,488-3,256-4,717-
固定資産の売却1500070001,285000-
貸付け-------------
貸付金の回収22-161819-8082155-1--
投資CF-1,660-80-781-1,191-2,427536-9,539-10,982-9,693-1,268-3,327-3,877-
財務CF
短期借入金の純増減額15168997-7785807270-419-567632692--
長期借入れ4---354--------
長期借入金の返済-143-37-44-88-88-43-44-87-88-40-21--
社債の発行-------------
社債の償還-10,000------------
自己株式の取得-5-1-3-4-400-1-200--
自己株式の売却-------------
配当金の支払-3,309-1,834-1,830-3,722-3,717-1,894-1,888-4,078-4,070-2,426-2,417--
財務CF-14,636-1,507-2,403-4,808-4,585-1,401-2,211-5,404-5,829-2,118-2,309-5,117-
換算差額88-101-98-83-16245-106-166-69-114-135--
その他
17.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q220.Q320.Q4E
設備投資額5,3965911,8562,7595,4588912,1423,4055,5881,4883,2564,717-
研究開発費--------1,327----
発行済株式総数118,266,191株118,265,282株118,264,422株118,264,135株118,263,763株118,263,453株118,289,007株118,288,851株118,288,166株118,287,848株118,317,960株118,317,506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6,699人---6,784人---6,961人----
売上/従業員(千円)47,115---46,456---45,999----
営利/従業員(千円)2,626---2,697---2,405----