通期売上(百万円)
売上5y CAGR・予想:3.6 %
通期利益(百万円)
営利5y CAGR・予想:5.0 %
純利5y CAGR・予想:0.5 %
P/L
2018.32019.32020.32021.3E
売上336,654358,654387,003380,000
前期比102.2%106.5%107.9%98.2%
売上原価253,098269,912289,048-
売上総利益83,55588,74297,954-
%24.8%24.7%25.3%-
販管費48,95350,36355,628-
営業利益34,60238,37842,32641,000
前期比102.6%110.9%110.3%96.9%
%10.3%10.7%10.9%10.8%
受取利息および受取配当金157136144-
持分法による投資利益537750923-
営業外収益2,0711,0611,280-
支払利息126115123-
持分法による投資損失----
営業外費用382789592-
経常利益36,29138,65043,014-
固定資産売却益237110-
投資有価証券売却益10,7561,024331-
特別利益10,7591,4432,028-
固定資産売却損32446-
投資有価証券売却損101-4-
減損損失1,425-508-
特別損失3,5616151,080-
税引前利益43,48939,47743,961-
法人税等10,19210,78812,666-
%23.4%27.3%28.8%-
当期純利益33,29628,68831,294-
非支配株主に帰属する当期純利益80779693-
親会社株主に帰属する当期純利益32,48827,89231,20129,000
前期比114.2%85.9%111.9%92.9%
%9.7%7.8%8.1%7.6%
 
EBITDA44,66448,93853,112-
EPS312.9円268.6円300.5円269.7円
BPS1,822.5円1,862.8円2,000.2円-
期初会社予想
2018.32019.32020.32021.3E
売上高(期初予)340,000345,000380,000380,000
対実績比99.0%104.0%101.8%-
営業利益(期初予)36,00037,00041,00041,000
対実績比96.1%103.7%103.2%-
純利益(期初予)24,50025,00028,00029,000
対実績比132.6%111.6%111.4%-
配当
ROEデュポン分解
β
マルチプル
2018.32019.32020.32021.3E
株価4,595円4,935円4,815円-
企業価値510,371549,300525,696-
時価総額477,026512,398499,951-
純有利子負債31,70236,58225,745-
PER(会予)14.2倍19.3倍17.9倍-
PBR2.6倍2.6倍2.4倍-
PER × PBR37.2倍50.3倍43.0倍-
EV/EBITDA(会予)11.8倍11.2倍10.2倍-
PSR(会予)1.4倍1.5倍1.3倍-
PCFR(会予)11.2倍14.0倍12.9倍-
配当金95.0円100.0円130.0円130.0円
配当利回り2.0%1.9%2.7%-
配当性向30.4%37.2%43.3%-
自己資本配当率5.2%5.4%6.5%-
ROE17.2%14.4%15.0%-
純利益率(再掲)9.7%7.8%8.1%-
総資産回転率1.1回1.1回1.1回-
財務レバレッジ1.6倍1.6倍1.6倍-
実質ROE17.1%14.4%15.0%-
ROIC10.3%11.0%11.2%-
ROA10.7%8.9%9.1%-
β0.670.760.74-
βの決定係数(R2)0.190.260.30-
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
2018.32019.32020.32021.3E
流動資産
現金16,45621,17032,072-
売上債権66,66574,69878,828-
棚卸資産6,0868,3089,954-
有価証券--299-
前払金----
繰延税金資産7,556---
貸倒引当金-41-31-48-
流動資産183,684201,007214,752-
固定資産
建物・構築物31,54343,56644,587-
機械・運搬具----
土地19,82114,16914,204-
建設仮勘定12,5812,3104,745-
有形固定資産73,46470,83374,801-
のれん845313,889-
無形固定資産9,5568,20821,384-
投資有価証券10,62511,77311,854-
繰延税金資産17,29713,709--
貸倒引当金-119-53-50-
敷金および保証金6,9096,7597,178-
投資その他の資産37,20934,79431,546-
固定資産120,229113,837127,732-
総資産303,914314,844342,485-
 
負債
有利子負債合計48,15857,75257,817-
仕入債務20,01322,08725,054-
前受金----
未払法人税等4,8024,8985,091-
繰延税金負債(固定)----
負債107,313120,375134,413-
 
純資産
資本金21,15221,15221,152-
資本剰余金1,299---
利益剰余金168,363175,223191,881-
自己株式-711-694-698-
非支配株主持分7,3291,015361-
純資産196,600194,468208,072-
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43,48939,47743,961-
減価償却費10,01310,53010,358-
のれん償却額4930428-
減損損失1,425-508-
受取利息及び受取配当金-157-137-144-
売上債権の増減額-1,753-7,995-1,584-
棚卸資産の増減額-513-2,213-1,409-
仕入債務の増減額-1,0732,0782,231-
営業CF37,09633,51148,950-
投資CF
有価証券の取得-892-1,274-2,102-
有価証券の売却・償還2981,210578-
固定資産の購入-13,907-15,256-12,904-
固定資産の売却168,1681-
貸付け----
貸付金の回収----
投資CF-35,394-7,163-27,338-
財務CF
短期借入金の純増減額----
長期借入れ----
長期借入金の返済-10,000-5,000-78-
社債の発行10,00010,000--
社債の償還-15,000---
自己株式の取得-22-12-14-
自己株式の売却221-
配当金の支払-9,883-10,144-11,967-
財務CF-25,763-19,995-16,309-
換算差額-76-21-19-
その他
2018.32019.32020.32021.3E
設備投資額15,58815,16313,604-
研究開発費-7251,190-
発行済株式総数103,818,885株103,830,022株103,831,964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12,054人12,365人13,979人-
売上/従業員(千円)27,92929,00627,685-
営利/従業員(千円)2,8713,1043,028-
四半期売上(百万円)
売上5y CAGR・予想:3.6 %
四半期利益(百万円)
営利5y CAGR・予想:5.0 %
純利5y CAGR・予想:0.5 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上163,466244,851336,65480,166167,424255,917358,65491,331187,329280,722387,00394,356380,000
前期比103.8%102.4%102.2%103.8%102.4%104.5%106.5%113.9%111.9%109.7%107.9%103.3%98.2%
売上原価125,122186,240253,09860,916126,205192,110269,91269,269140,467209,627289,04870,311-
売上総利益38,34358,61083,55519,24941,21863,80788,74222,06146,86171,09597,95424,045-
%23.5%23.9%24.8%24.0%24.6%24.9%24.7%24.2%25.0%25.3%25.3%25.5%-
販管費25,07037,04548,95312,91625,21337,31150,36313,68527,06140,21555,62813,829-
営業利益13,27221,56534,6026,33316,00426,49638,3788,41219,80030,87942,32610,27941,000
前期比90.1%92.3%102.6%162.8%120.6%122.9%110.9%132.8%123.7%116.5%110.3%122.2%96.9%
%8.1%8.8%10.3%7.9%9.6%10.4%10.7%9.2%10.6%11.0%10.9%10.9%10.8%
受取利息および受取配当金7512415753681181365976127144--
持分法による投資利益258365537196359557750263488707923255-
営業外収益1,1671,7362,0713045148131,0613786639951,280--
支払利息6596126265483115316293123--
持分法による投資損失-------------
営業外費用1672663824915424578980126397592--
経常利益14,27323,03536,2916,58816,36427,06438,6508,71220,33731,47743,01410,474-
固定資産売却益222-1371371-0010--
投資有価証券売却益-10,75010,756--01,024--253331--
特別利益210,75310,759014181,443561,8162,028--
固定資産売却損20303219204444-006--
投資有価証券売却損--101-------4--
減損損失--1,425-----202202508--
特別損失35483,56120365166151353494731,080--
税引前利益14,23933,74043,4896,56716,32926,96739,4778,71219,99332,82143,96110,474-
法人税等1,8687,73810,1922,1385,1508,61710,7882,6026,1619,71312,6663,193-
%13.1%22.9%23.4%32.6%31.5%32.0%27.3%29.9%30.8%29.6%28.8%30.5%-
当期純利益12,37026,00133,2964,42911,17918,35028,6886,11013,83123,10731,2947,281-
非支配株主に帰属する当期純利益336506807127342584796834579321-
親会社株主に帰属する当期純利益12,03425,49532,4884,30110,83617,76527,8926,10113,79623,04931,2017,26029,000
前期比90.6%125.9%114.2%151.2%90.0%69.7%85.9%141.9%127.3%129.7%111.9%119.0%92.9%
%7.4%10.4%9.7%5.4%6.5%6.9%7.8%6.7%7.4%8.2%8.1%7.7%7.6%
 
EBITDA18,09429,23844,6648,59420,57933,47048,93812,35424,97038,70353,11214,645-
EPS312.9円312.9円312.9円268.6円268.6円268.6円268.6円300.5円300.5円300.5円300.5円299.9円278.7円
BPS1,677.2円1,759.4円1,822.5円1,817.0円1,885.1円1,897.6円1,862.8円1,855.1円1,932.9円1,952.1円2,000.2円1,930.1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)340,000340,000340,000345,000345,000345,000345,000380,000380,000380,000380,000380,000380,000
対実績比48.1%72.0%99.0%23.2%48.5%74.2%104.0%24.0%49.3%73.9%101.8%24.8%-
営業利益(期初予)36,00036,00036,00037,00037,00037,00037,00041,00041,00041,00041,00041,00041,000
対実績比36.9%59.9%96.1%17.1%43.3%71.6%103.7%20.5%48.3%75.3%103.2%25.1%-
純利益(期初予)24,50024,50024,50025,00025,00025,00025,00028,00028,00028,00028,00029,00029,000
対実績比49.1%104.1%132.6%17.2%43.3%71.1%111.6%21.8%49.3%82.3%111.4%25.0%-
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4,775円5,200円4,595円5,150円5,370円3,890円4,935円5,300円5,070円5,670円4,815円5,240円-
企業価値515,001570,196510,371566,369584,798441,006549,300586,881559,872622,171525,696489,734-
時価総額495,705539,835477,026534,667557,537403,898512,398550,299526,431588,730499,951545,240-
純有利子負債30,36133,34531,70227,26137,10836,90236,58234,11733,4415,51425,745-55,506-
PER(会予)20.2倍16.1倍14.2倍21.4倍22.3倍16.2倍19.3倍19.7倍18.8倍21.0倍17.9倍18.8倍-
PBR3.0倍3.1倍2.6倍2.8倍3.0倍2.1倍2.6倍2.8倍2.6倍2.9倍2.4倍2.7倍-
PER × PBR60.8倍50.0倍37.2倍60.4倍65.9倍33.3倍50.3倍55.9倍49.3倍61.7倍43.0倍51.0倍-
EV/EBITDA(会予)11.4倍12.7倍11.8倍12.0倍12.4倍9.4倍11.2倍11.4倍10.9倍12.1倍10.2倍9.5倍-
PSR(会予)1.5倍1.6倍1.4倍1.5倍1.6倍1.2倍1.5倍1.4倍1.4倍1.5倍1.3倍1.4倍-
PCFR(会予)14.8倍12.7倍11.2倍15.2倍15.9倍11.5倍14.0倍14.3倍13.7倍15.3倍12.9倍13.7倍-
配当金--95.0円---100.0円---130.0円-130.0円
配当利回り1.9%1.7%2.0%1.8%1.8%2.4%1.9%1.9%2.0%1.8%2.7%2.5%-
配当性向--30.4%---37.2%---43.3%--
自己資本配当率5.7%5.4%5.2%5.5%5.3%5.3%5.4%7.0%6.7%6.7%6.5%6.7%-
ROE18.7%17.8%17.2%14.8%14.3%14.2%14.4%16.2%15.5%15.4%15.0%15.5%-
純利益率(再掲)7.4%10.4%9.7%5.4%6.5%6.9%7.8%6.7%7.4%8.2%8.1%7.7%-
総資産回転率0.9回1.2回1.1回1.2回1.1回1.1回1.1回1.2回1.2回1.2回1.1回1.1回-
財務レバレッジ2.2倍1.6倍1.6倍1.6倍1.6倍1.6倍1.6倍1.6倍1.6倍1.6倍1.6倍1.7倍-
実質ROE17.8%17.7%17.1%14.7%14.2%14.1%14.4%16.1%15.5%15.3%15.0%15.5%-
ROIC10.9%10.5%10.3%11.8%11.0%10.9%11.0%12.0%11.6%11.5%11.2%12.1%-
ROA8.5%11.1%10.7%9.4%8.8%8.9%8.9%10.1%9.8%9.7%9.1%9.2%-
β0.570.660.670.560.560.630.760.710.700.720.740.76-
βの決定係数(R2)0.110.140.190.140.150.200.260.240.240.250.300.34-
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19,63916,65516,45617,73917,89218,09821,17020,88321,55949,88632,072100,740-
売上債権60,40257,11366,66553,79360,25260,62074,69860,18167,10067,16478,82852,668-
棚卸資産8,4788,1906,0866,1086,4248,6758,3089,9368,92610,8779,9548,128-
有価証券--------300300299379-
前払金-------------
繰延税金資産--7,556----------
貸倒引当金-35-34-41-24-24-24-31-51-52-52-48--
流動資産265,272179,442183,684176,831195,745201,407201,007198,879204,870195,437214,752191,481-
固定資産
建物・構築物33,92133,45331,54331,05230,87643,75043,56643,02342,37941,99144,587--
機械・運搬具-------------
土地19,82119,82119,82119,82119,82114,16914,16914,16914,16914,20414,204--
建設仮勘定--12,581---2,310---4,745--
有形固定資産71,30171,24773,46474,25674,39270,51170,83370,39072,22273,69274,80162,843-
のれん9991847668615325323414,26013,88925,279-
無形固定資産11,42810,9979,5569,5079,3798,8878,2088,2677,95621,93621,384--
投資有価証券10,32510,61110,62511,24512,03411,59011,77311,99812,19711,49011,854--
繰延税金資産--17,297---13,709----9,548-
貸倒引当金-118-117-119-79-79-79-53-50-50-50-50--
敷金および保証金--6,909---6,759---7,178--
投資その他の資産34,87529,86237,20935,60335,83833,15934,79432,63632,09729,27831,546--
固定資産117,604112,107120,229119,368119,610112,557113,837111,294112,277124,908127,732147,449-
総資産382,877291,549303,914296,199315,356313,965314,844310,174317,147320,345342,485338,931-
 
負債
有利子負債合計50,00050,00048,15845,00055,00055,00057,75255,00055,00055,40057,81745,234-
仕入債務16,18816,49520,01316,30317,41718,65222,08716,92617,82820,09925,05427,948-
前受金-------------
未払法人税等3,0121,6364,8024313,2971,2434,8987394,0201,3045,09194-
繰延税金負債(固定)-------------
負債201,754101,792107,313100,108112,021109,159120,375117,187116,111116,821134,413137,723-
 
純資産
資本金21,15221,15221,15221,15221,15221,15221,15221,15221,15221,15221,15221,152-
資本剰余金3,0461,2991,2991,2991,2991,299-------
利益剰余金158,815161,373168,363167,719174,249175,975175,223173,933182,184184,585191,881178,323-
自己株式-8,419-718-711-701-692-694-694-694-690-696-698-281-
非支配株主持分6,9437,0477,3297,3887,5637,7371,015334303804361379-
純資産181,122189,757196,600196,090203,334204,806194,468192,986201,036203,524208,072201,208-
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14,23933,74043,4896,56716,32926,96739,4778,71219,99332,82143,96110,474-
減価償却費4,7887,63110,0132,2544,5606,95210,5303,9235,1327,76610,3584,366-
のれん償却額3442497152230193858428--
減損損失--1,425-----202202508--
受取利息及び受取配当金-75-125-157-54-68-118-137-168-77-128-144-50-
売上債権の増減額5,3577,866-1,75312,9096,4656,095-7,99518,0047,67010,067-1,58413,994-
棚卸資産の増減額-1,306-2,616-513-12-327-2,579-2,213-964-611-2,333-1,4091,930-
仕入債務の増減額-5,170-4,642-1,073-3,707-2,587-1,3632,078-2,243-4,285-2,7222,231-3,838-
営業CF12,76822,61637,09612,41818,01425,55533,51116,14922,40034,78748,95013,544-
投資CF
有価証券の取得-400-592-892-679-885-1,101-1,274-26-565-965-2,1020-
有価証券の売却・償還11519629800541,210003045780-
固定資産の購入-6,736-8,232-13,907-3,648-6,061-12,039-15,256-2,013-6,028-9,521-12,904-4,837-
固定資産の売却67161128,1638,16801110-
貸付け-------------
貸付金の回収-------------
投資CF-7,174-29,496-35,394-3,951-6,689-5,033-7,163-2,036-6,749-22,820-27,338-5,586-
財務CF
短期借入金の純増減額-------------
長期借入れ-------------
長期借入金の返済-10,000-10,000-10,000--5,000-5,000-5,000-78-78-78-78--
社債の発行10,00010,00010,000-10,00010,00010,000------
社債の償還-10,000-10,000-15,000----------
自己株式の取得-7-17-22-2-6-10-12-3-4-10-14--
自己株式の売却01200220001--
配当金の支払-4,941-9,883-9,883-4,941-4,941-10,144-10,144-5,202-5,202-11,966-11,967-6,763-
財務CF-15,397-20,578-25,763-5,1874,613-804-19,995-7,079-7,800-14,828-16,309-18,737-
換算差額-380-76-642163-21-22-126-126-19-175-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額6,7368,23215,5883,6486,06112,03915,1632,0136,0289,52113,6044,837-
研究開発費------725---1,190--
発行済株式総数103,814,365株103,814,052株103,818,885株103,824,337株103,829,798株103,829,337株103,830,022株103,830,766株103,832,537株103,831,601株103,831,964株104,053,455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--12,054人---12,365人---13,979人--
売上/従業員(千円)--27,929---29,006---27,685--
営利/従業員(千円)--2,871---3,104---3,028--
四半期売上(百万円)
売上5y CAGR・予想:3.6 %
四半期利益(百万円)
営利5y CAGR・予想:5.0 %
純利5y CAGR・予想:0.5 %
P/L
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
売上86,24781,38591,80380,16687,25888,493102,73791,33195,99893,393106,28194,356380,000
前期比105.1%99.7%101.7%103.8%101.2%108.7%111.9%113.9%110.0%105.5%103.4%103.3%98.2%
売上原価64,72761,11866,85860,91665,28965,90577,80269,26971,19869,16079,42170,311-
売上総利益21,51920,26724,94519,24921,96922,58924,93522,06124,80024,23426,85924,045-
%25.0%24.9%27.2%24.0%25.2%25.5%24.3%24.2%25.8%25.9%25.3%25.5%-
販管費12,13611,97511,90812,91612,29712,09813,05213,68513,37613,15415,41313,829-
営業利益9,3838,29313,0376,3339,67110,49211,8828,41211,38811,07911,44710,27941,000
前期比109.1%95.9%126.0%162.8%103.1%126.5%91.1%132.8%117.8%105.6%96.3%122.2%96.9%
%10.9%10.2%14.2%7.9%11.1%11.9%11.6%9.2%11.9%11.9%10.8%10.9%10.8%
受取利息および受取配当金0005300059000--
持分法による投資利益125107172196163198193263225219216255-
営業外収益538569335304210299248378285332285--
支払利息2931302628293231313130--
持分法による投資損失000-000-000--
営業外費用1049911649105915448046271195--
経常利益9,8188,76213,2566,5889,77610,70011,5868,71211,62511,14011,53710,474-
固定資産売却益200-13700-0010--
投資有価証券売却益010,7506-001,024-025378--
特別利益210,7516014171,025511,810212--
固定資産売却損18102191240-006--
投資有価証券売却損00101-000-004--
減損損失001,425-000-2020306--
特別損失26133,513201648099135214124607--
税引前利益9,79319,5019,7496,5679,76210,63812,5108,71211,28112,82811,14010,474-
法人税等4155,8702,4542,1383,0123,4672,1712,6023,5593,5522,9533,193-
%4.2%30.1%25.2%32.6%30.9%32.6%17.4%29.9%31.5%27.7%26.5%30.5%-
当期純利益9,37713,6317,2954,4296,7507,17110,3386,1107,7219,2768,1877,281-
非支配株主に帰属する当期純利益188170301127215242212826233621-
親会社株主に帰属する当期純利益9,19013,4616,9934,3016,5356,92910,1276,1017,6959,2538,1527,26029,000
前期比153.4%193.2%85.2%151.2%71.1%51.5%144.8%141.9%117.8%133.5%80.5%119.0%92.9%
%10.7%16.5%7.6%5.4%7.5%7.8%9.9%6.7%8.0%9.9%7.7%7.7%7.6%
 
EBITDA18,09429,23844,6648,59420,57933,47048,93812,35424,97038,70353,11214,645-
EPS312.9円312.9円312.9円268.6円268.6円268.6円268.6円300.5円300.5円300.5円300.5円299.9円278.7円
BPS1,677.2円1,759.4円1,822.5円1,817.0円1,885.1円1,897.6円1,862.8円1,855.1円1,932.9円1,952.1円2,000.2円1,930.1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)340,000340,000340,000345,000345,000345,000345,000380,000380,000380,000380,000380,000380,000
対実績比48.1%72.0%99.0%23.2%48.5%74.2%104.0%24.0%49.3%73.9%101.8%24.8%-
営業利益(期初予)36,00036,00036,00037,00037,00037,00037,00041,00041,00041,00041,00041,00041,000
対実績比36.9%59.9%96.1%17.1%43.3%71.6%103.7%20.5%48.3%75.3%103.2%25.1%-
純利益(期初予)24,50024,50024,50025,00025,00025,00025,00028,00028,00028,00028,00029,00029,000
対実績比49.1%104.1%132.6%17.2%43.3%71.1%111.6%21.8%49.3%82.3%111.4%25.0%-
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4,775円5,200円4,595円5,150円5,370円3,890円4,935円5,300円5,070円5,670円4,815円5,240円-
企業価値515,001570,196510,371566,369584,798441,006549,300586,881559,872622,171525,696489,734-
時価総額495,705539,835477,026534,667557,537403,898512,398550,299526,431588,730499,951545,240-
純有利子負債30,36133,34531,70227,26137,10836,90236,58234,11733,4415,51425,745-55,506-
PER(会予)20.2倍16.1倍14.2倍21.4倍22.3倍16.2倍19.3倍19.7倍18.8倍21.0倍17.9倍18.8倍-
PBR3.0倍3.1倍2.6倍2.8倍3.0倍2.1倍2.6倍2.8倍2.6倍2.9倍2.4倍2.7倍-
PER × PBR60.8倍50.0倍37.2倍60.4倍65.9倍33.3倍50.3倍55.9倍49.3倍61.7倍43.0倍51.0倍-
EV/EBITDA(会予)11.4倍12.7倍11.8倍12.0倍12.4倍9.4倍11.2倍11.4倍10.9倍12.1倍10.2倍9.5倍-
PSR(会予)1.5倍1.6倍1.4倍1.5倍1.6倍1.2倍1.5倍1.4倍1.4倍1.5倍1.3倍1.4倍-
PCFR(会予)14.8倍12.7倍11.2倍15.2倍15.9倍11.5倍14.0倍14.3倍13.7倍15.3倍12.9倍13.7倍-
配当金--95.0円---100.0円---130.0円-130.0円
配当利回り1.9%1.7%2.0%1.8%1.8%2.4%1.9%1.9%2.0%1.8%2.7%2.5%-
配当性向--30.4%---37.2%---43.3%--
自己資本配当率5.7%5.4%5.2%5.5%5.3%5.3%5.4%7.0%6.7%6.7%6.5%6.7%-
ROE18.7%17.8%17.2%14.8%14.3%14.2%14.4%16.2%15.5%15.4%15.0%15.5%-
純利益率(再掲)7.4%10.4%9.7%5.4%6.5%6.9%7.8%6.7%7.4%8.2%8.1%7.7%-
総資産回転率0.9回1.2回1.1回1.2回1.1回1.1回1.1回1.2回1.2回1.2回1.1回1.1回-
財務レバレッジ2.2倍1.6倍1.6倍1.6倍1.6倍1.6倍1.6倍1.6倍1.6倍1.6倍1.6倍1.7倍-
実質ROE17.8%17.7%17.1%14.7%14.2%14.1%14.4%16.1%15.5%15.3%15.0%15.5%-
ROIC10.9%10.5%10.3%11.8%11.0%10.9%11.0%12.0%11.6%11.5%11.2%12.1%-
ROA8.5%11.1%10.7%9.4%8.8%8.9%8.9%10.1%9.8%9.7%9.1%9.2%-
β0.570.660.670.560.560.630.760.710.700.720.740.76-
βの決定係数(R2)0.110.140.190.140.150.200.260.240.240.250.300.34-
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19,63916,65516,45617,73917,89218,09821,17020,88321,55949,88632,072100,740-
売上債権60,40257,11366,66553,79360,25260,62074,69860,18167,10067,16478,82852,668-
棚卸資産8,4788,1906,0866,1086,4248,6758,3089,9368,92610,8779,9548,128-
有価証券--------300300299379-
前払金-------------
繰延税金資産--7,556----------
貸倒引当金-35-34-41-24-24-24-31-51-52-52-48--
流動資産265,272179,442183,684176,831195,745201,407201,007198,879204,870195,437214,752191,481-
固定資産
建物・構築物33,92133,45331,54331,05230,87643,75043,56643,02342,37941,99144,587--
機械・運搬具-------------
土地19,82119,82119,82119,82119,82114,16914,16914,16914,16914,20414,204--
建設仮勘定--12,581---2,310---4,745--
有形固定資産71,30171,24773,46474,25674,39270,51170,83370,39072,22273,69274,80162,843-
のれん9991847668615325323414,26013,88925,279-
無形固定資産11,42810,9979,5569,5079,3798,8878,2088,2677,95621,93621,384--
投資有価証券10,32510,61110,62511,24512,03411,59011,77311,99812,19711,49011,854--
繰延税金資産--17,297---13,709----9,548-
貸倒引当金-118-117-119-79-79-79-53-50-50-50-50--
敷金および保証金--6,909---6,759---7,178--
投資その他の資産34,87529,86237,20935,60335,83833,15934,79432,63632,09729,27831,546--
固定資産117,604112,107120,229119,368119,610112,557113,837111,294112,277124,908127,732147,449-
総資産382,877291,549303,914296,199315,356313,965314,844310,174317,147320,345342,485338,931-
 
負債
有利子負債合計50,00050,00048,15845,00055,00055,00057,75255,00055,00055,40057,81745,234-
仕入債務16,18816,49520,01316,30317,41718,65222,08716,92617,82820,09925,05427,948-
前受金-------------
未払法人税等3,0121,6364,8024313,2971,2434,8987394,0201,3045,09194-
繰延税金負債(固定)-------------
負債201,754101,792107,313100,108112,021109,159120,375117,187116,111116,821134,413137,723-
 
純資産
資本金21,15221,15221,15221,15221,15221,15221,15221,15221,15221,15221,15221,152-
資本剰余金3,0461,2991,2991,2991,2991,299-------
利益剰余金158,815161,373168,363167,719174,249175,975175,223173,933182,184184,585191,881178,323-
自己株式-8,419-718-711-701-692-694-694-694-690-696-698-281-
非支配株主持分6,9437,0477,3297,3887,5637,7371,015334303804361379-
純資産181,122189,757196,600196,090203,334204,806194,468192,986201,036203,524208,072201,208-
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14,23933,74043,4896,56716,32926,96739,4778,71219,99332,82143,96110,474-
減価償却費4,7887,63110,0132,2544,5606,95210,5303,9235,1327,76610,3584,366-
のれん償却額3442497152230193858428--
減損損失001,425-000-2020306--
受取利息及び受取配当金-75-125-157-54-68-118-137-168-77-128-144-50-
売上債権の増減額5,3577,866-1,75312,9096,4656,095-7,99518,0047,67010,067-1,58413,994-
棚卸資産の増減額-1,306-2,616-513-12-327-2,579-2,213-964-611-2,333-1,4091,930-
仕入債務の増減額-5,170-4,642-1,073-3,707-2,587-1,3632,078-2,243-4,285-2,7222,231-3,838-
営業CF12,76822,61637,09612,41818,01425,55533,51116,14922,40034,78748,95013,544-
投資CF
有価証券の取得-400-592-892-679-885-1,101-1,274-26-565-965-2,1020-
有価証券の売却・償還11519629800541,210003045780-
固定資産の購入-6,736-8,232-13,907-3,648-6,061-12,039-15,256-2,013-6,028-9,521-12,904-4,837-
固定資産の売却67161128,1638,16801110-
貸付け-------------
貸付金の回収-------------
投資CF-7,174-29,496-35,394-3,951-6,689-5,033-7,163-2,036-6,749-22,820-27,338-5,586-
財務CF
短期借入金の純増減額-------------
長期借入れ-------------
長期借入金の返済-10,000-10,000-10,000--5,000-5,000-5,000-78-78-78-78--
社債の発行10,00010,00010,000-10,00010,00010,000------
社債の償還-10,000-10,000-15,000----------
自己株式の取得-7-17-22-2-6-10-12-3-4-10-14--
自己株式の売却01200220001--
配当金の支払-4,941-9,883-9,883-4,941-4,941-10,144-10,144-5,202-5,202-11,966-11,967-6,763-
財務CF-15,397-20,578-25,763-5,1874,613-804-19,995-7,079-7,800-14,828-16,309-18,737-
換算差額-380-76-642163-21-22-126-126-19-175-
その他
17.Q217.Q317.Q418.Q118.Q218.Q318.Q419.Q119.Q219.Q319.Q420.Q120.Q4E
設備投資額6,7368,23215,5883,6486,06112,03915,1632,0136,0289,52113,6044,837-
研究開発費------725---1,190--
発行済株式総数103,814,365株103,814,052株103,818,885株103,824,337株103,829,798株103,829,337株103,830,022株103,830,766株103,832,537株103,831,601株103,831,964株104,053,455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--12,054人---12,365人---13,979人--
売上/従業員(千円)--27,929---29,006---27,685--
営利/従業員(千円)--2,871---3,104---3,028--