{"id":1278,"date":"2021-08-20T00:00:00","date_gmt":"2021-08-20T00:00:00","guid":{"rendered":"urn:uuid:b836c06b-0d5f-419a-b74f-bd0163d659af"},"modified":"2021-08-20T00:00:00","modified_gmt":"2021-08-20T00:00:00","slug":"qi-ye-hui-ji-sono1-roe","status":"publish","type":"post","link":"https:\/\/www.sekaiken.com\/?p=1278","title":{"rendered":"\u4f01\u696d\u4f1a\u8a08\u3000\u305d\u306e1\u3000ROE"},"content":{"rendered":"<p>\u4f01\u696d\u4f1a\u8a08\u306e\u52c9\u5f37\u7b2c\uff11\u56de\u306f\u3001ROE(return on equity, \u81ea\u5df1\u8cc7\u672c\u5229\u76ca\u7387\u3068\u8a33\u3059\uff09\u306e\u89e3\u8aac\u306b\u3057\u307e\u3057\u3087\u3046\u3002<br \/>\n\u8aad\u307f\u65b9\u306f\u3001\u30a2\u30fc\u30eb\u30fb\u30aa\u30fc\u30fb\u30a4\u30fc\u3000\u306e\u3088\u3046\u3067\u3059\uff08\u672c\u3060\u3051\u3067\u52c9\u5f37\u3059\u308b\u3068\u8aad\u307f\u65b9\u3092\u9593\u9055\u3048\u3066\u6642\u3005\u6065\u305a\u304b\u3057\u3044\u3067\u3059\u304c\u3001\u3044\u307e\u306f\u30cd\u30c3\u30c8\u3067\u8abf\u3079\u3089\u308c\u308b\u306e\u3067\u5b89\u5fc3\u3067\u3059\uff09\u3002<br \/>\n\u5b9a\u7fa9\u306f\u3000ROE = \u5f53\u671f\u7d14\u5229\u76ca\u00f7\u81ea\u5df1\u8cc7\u672c\u00d7100\uff08\uff05\uff09<br \/>\n\u3067\u3001\u5f53\u671f\uff1d\u4e00\u5b9a\u671f\u9593\uff081\u5e74\u30013\u304b\u6708\u306a\u3069\uff09<br \/>\n\u3000\u3000\u7d14\u5229\u76ca\uff1d\u7a0e\u91d1\u3092\u6255\u3063\u305f\u5f8c\u306e\u4f1a\u793e\u306e\u624b\u5143\u306b\u6b8b\u308b\u5229\u76ca\uff08\u3059\u3079\u3066\u306e\u7d4c\u8cbb\u306f\u7a0e\u91d1\u3092\u6255\u3046\u524d\u306b\u6e05\u7b97\u6e08\u307f\uff09<br \/>\n\u3000\u3000\u81ea\u5df1\u8cc7\u672c\uff1d\u682a\u5f0f\u3092\u767a\u884c\u3057\u3066\u96c6\u3081\u305f\u304a\u91d1<br \/>\n\u3067\u3059\u3002\u5f53\u671f\u7d14\u5229\u76ca\u306f\u8caf\u91d1\u3057\u305f\u308a\u3001\u8a2d\u5099\u6295\u8cc7\u3057\u305f\u308a\u3001\u682a\u4e3b\u306b\u914d\u5f53\u3092\u6255\u3046\u306e\u306b\u4f7f\u3044\u307e\u3059\u3002\u4e0a\u5834\u4f01\u696d\u306b\u9069\u7528\u3055\u308c\u308b\u6570\u5024\u3067\u3059\u3002<br \/>\n\u300c\u304a\u91d1\u304c1\u5e74\u9593\u306b\u305d\u306e\u4f55\u30d1\u30fc\u30bb\u30f3\u30c8\u306e\u304a\u91d1\u3092\u751f\u3080\u304b\u300d\u3068\u3044\u3046\u6570\u5024\u306a\u306e\u3067\u3001\u79c1\u306b\u306f\u8cc7\u672c\u4e3b\u7fa9\u306e\u7cbe\u9ac4\u306e\u3088\u3046\u306b\u898b\u3048\u307e\u3059\u3002<br \/>\n\u9a5a\u3044\u305f\u306e\u3067\u3059\u304c\u3001ROE\u306e\u76ee\u6a19\u5024\u306f1\u5e74\u3042\u305f\u308a8\uff5e15%\u3067\u30015\uff05\u3092\u4e0b\u56de\u3063\u3066\u5411\u4e0a\u306e\u53ef\u80fd\u6027\u304c\u306a\u3044\u5834\u5408\u306f\u7d4c\u55b6\u9663\u304c\u8f9e\u3081\u3055\u305b\u3089\u308c\u308b\u3053\u3068\u3082\u3042\u308b\u3068\u306e\u3053\u3068\u3067\u3059\u3002\u307e\u305f\u3001\u65e5\u672c\u306e\u4f1a\u793e\u306f\u6982\u3057\u3066ROE\u304c\u4f4e\u3081\u3068\u306e\u3053\u3068\u3002\u65e5\u9280\u306e\u30a4\u30f3\u30d5\u30ec\u76ee\u6a19\u304c\u5e74\u3042\u305f\u308a2%\uff08\uff1d\u304a\u91d1\u304c\u5897\u6b96\u3059\u308b\u5e73\u5747\u901f\u5ea6\uff1f\uff09\u3067\u3042\u308b\u3053\u3068\u3068\u6bd4\u3079\u308b\u3068\u30018\uff5e15%\u3068\u3044\u3046\u6570\u5b57\u306f\u975e\u5e38\u306b\u5927\u304d\u3044\u3068\u601d\u3044\u307e\u3059\u3002\u3053\u308c\u306f\u4f55\u3092\u610f\u5473\u3059\u308b\u306e\u3067\u3057\u3087\u3046\u304b\uff1f\u4e0a\u5834\u3057\u3066\u3044\u308b\u682a\u5f0f\u4f1a\u793e\u306f\u4ed6\u306e\u7d4c\u6e08\u4e3b\u4f53\uff08\u4f8b\uff1a\u500b\u4eba\u5546\u5e97\u3001\u96f6\u7d30\u4f01\u696d\u3001\u516c\u7684\u6a5f\u95a2\u306a\u3069\uff09\u304b\u3089\u304a\u91d1\u3092\u5438\u3044\u4e0a\u3052\u3066\u5de8\u5927\u5316\u3057\u3066\u3044\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3057\u3087\u3046\u304b\uff1f\u305d\u308c\u3068\u3082\u5b9f\u306fROE\u304c\u4f4e\u3044\u4e0d\u8abf\u306e\u4f1a\u793e\u304c\u591a\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3057\u3087\u3046\u304b\uff1f\u8a08\u7b97\u4e0a\u306e\u4ed6\u306e\u8981\u56e0\u304c\u3042\u308b\u306e\u3067\u3057\u3087\u3046\u304b\uff1f\u3053\u306e\u8fba\u3092\u56fd\u969b\u7684\u306b\u8abf\u3079\u3066\u307f\u308b\u3068\u3044\u308d\u3044\u308d\u898b\u3048\u3066\u304d\u305d\u3046\u3067\u3059\u306d\u3002<br \/>\nROE\u76ee\u6a198%\u306f2014\u5e74\u306e\u4f0a\u85e4\u30ec\u30dd\u30fc\u30c8(\u4e00\u6a4b\u5927\u30fb\u7d4c\u7523\u7701\uff09\u7b49\u304c\u8ad6\u62e0\u306b\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u4e0b\u8a18\u89e3\u8aac\u306b\u3088\u308b\u3068\u3001\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u30a2\u30f3\u30b1\u30fc\u30c8\u7d50\u679c\u304b\u3089\u51fa\u3066\u304d\u3066\u3044\u308b\u3088\u3046\u3067\u3059\u306d\u3002\u300c\u682a\u4e3b\u8cc7\u672c\u30b3\u30b9\u30c8\u300d\u306f\u3001\u300c\u672a\u6765\u306e\u304a\u91d1\u306e\u73fe\u5728\u306e\u4fa1\u5024\u300d\u3068\u3044\u3046\u7d4c\u6e08\u5b66\u306e\u91cd\u8981\u6982\u5ff5\uff08\u3068\u79c1\u306f\u601d\u3063\u3066\u3044\u308b\uff09\u3068\u3082\u95a2\u308f\u3063\u3066\u304f\u308b\u3068\u601d\u3046\u306e\u3067\u3001\u5225\u306e\u56de\u3067\u89e3\u8aac\u3057\u307e\u3059\u3002<br \/>\nhttps:\/\/note.com\/modeling\/n\/n872dae632fd1<br \/>\nROE\u306e\u56fd\u969b\u6bd4\u8f03<br \/>\nhttps:\/\/doda.jp\/companyinfo\/contents\/finance\/013.html<\/p>\n<p>\u30c7\u30e5\u30dd\u30f3\uff08\u2190\u5316\u5b66\u30e1\u30fc\u30ab\u30fc\uff09\u306e\u89e3\u6790\u6cd5\u3068\u3044\u3046\u306e\u304c\u3042\u3063\u3066\u3001ROE\u30923\u3064\u306e\u7a4d\u306b\u5206\u89e3\u3057\u3066\u308f\u304b\u308a\u3084\u3059\u304f\u3057\u307e\u3059\u3002<br \/>\nhttps:\/\/www.investopedia.com\/terms\/d\/dupontanalysis.asp<br \/>\nhttps:\/\/studyfinance.com\/dupont-analysis\/<\/p>\n<p>ROE=\u58f2\u4e0a\u9ad8\u7d14\u5229\u76ca\u7387(1)\u00d7\u7dcf\u8cc7\u7523\u56de\u8ee2\u7387(2)\u00d7\u8ca1\u52d9\u30ec\u30d0\u30ec\u30c3\u30b8(3)<br \/>\n (1)\u306f\u58f2\u4e0a\u9ad8\u306b\u5bfe\u3059\u308b\u5229\u76ca\u7387\u3001(2)\u306f\u58f2\u4e0a\u9ad8\u00f7\u7dcf\u8cc7\u7523\u3001(3)\u306f\u7dcf\u8cc7\u7523\u00f7\u81ea\u5df1\u8cc7\u672c\uff08\u682a\u5f0f\u7dcf\u984d\uff09\u3067\u3001<br \/>\n\u30e1\u30fc\u30ab\u30fc\u3060\u3068(2)\u306e\u7dcf\u8cc7\u7523\u306f\u5de5\u5834\u306a\u3069\u306b\u5bfe\u5fdc\u3057\u307e\u3059\u3002(3)\u306f\u501f\u91d1\u3092\u3059\u308b\u3068\u5897\u3084\u3059\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u304c\u3001\u501f\u91d1\u3057\u3059\u304e\u308b\u3068\u5229\u5b50\u8ca0\u62c5\u304c\u91cd\u304f\u306a\u3063\u305f\u308a\u5012\u7523\u306e\u5371\u967a\u304c\u51fa\u305f\u308a\u3059\u308b\u306e\u3067\u9069\u6b63\u7bc4\u56f2\u304c\u3042\u308b\u305d\u3046\u3067\u3059\u3002<br \/>\nROE\u3092\u4e0a\u3052\u308b\u306b\u306f\u3001(1)\u88fd\u54c1\u306b\u9ad8\u3044\u4ed8\u52a0\u4fa1\u5024\u3092\u3064\u3051\u3066\u9ad8\u5024\u3067\u58f2\u308b\u3053\u3068\u3001(2)\u751f\u7523\u6027\u3092\u4e0a\u3052\u308b\u3053\u3068\uff08\u5de5\u5834\u306b\u52b9\u7387\u3088\u304f\u50cd\u304b\u305b\u308b\uff09\u304c\u4e00\u822c\u7684\u306a\u51e6\u65b9\u7b8b\u3060\u3068\u306e\u3053\u3068\u3067\u3059\u3002\u78ba\u304b\u306b\u3001\u3069\u3053\u3092\u6539\u5584\u3059\u308c\u3070\u3044\u3044\u304b\u3001\u308f\u304b\u308a\u3084\u3059\u305d\u3046\u3067\u3059\u306d\u3002(1)(2)\u306f\u90e8\u9580\u5225\u306b\u8a08\u7b97\u3059\u308b\u3053\u3068\u3082\u3067\u304d\u307e\u3059(&ldquo;ROA&rdquo; return on assets \u3068\u3044\u3046\u5225\u306e\u6307\u6a19\u306b\u8fd1\u3044\u3067\u3059)\u3002<\/p>\n<p>equity capital \u81ea\u5df1\u8cc7\u672c(\uff1d\u682a\u4e3b\u8cc7\u672c\uff09\uff1b\u3000equity\u3000\u30a8\u30af\u30a4\u30c6\u30a3\u306f\u5e73\u7b49\u3001\u516c\u6b63\u3001\u8861\u5e73\u6cd5\u306a\u3069\u8a33\u304c\u3042\u308a\u307e\u3059\u304c\u3001\u3053\u3053\u306f\u300c\u666e\u901a\u682a\u300d\u306e\u610f\u5473\u3067\u3057\u3087\u3046\u3002\u7d4c\u6e08\u30fb\u4f1a\u8a08\u5206\u91ce\u306e\u7528\u8a9e\u306f\u3001\u82f1\u8a9e\u3068\u65e5\u672c\u8a9e\u304c\u305a\u308c\u3066\u3044\u3066\u308f\u304b\u308a\u306b\u304f\u3044\u3067\u3059\u3002<br \/>\n\u8cc7\u672c\u4e3b\u7fa9 capitalism<br \/>\n\u7cbe\u9ac4,\u672c\u8cea\u3000essence<br \/>\n\u8caf\u91d1 saving, deposit, savings<br \/>\n\u5185\u90e8\u7559\u4fdd internal reserves, earning retention, undistributed profit, plowback<br \/>\n\u8a2d\u5099\u6295\u8cc7 capital investment, plant investment<br \/>\n\u682a\u4e3b shareholder, stockholder<br \/>\n\u500b\u4eba\u5546\u5e97\u3000family-type operations, private concern, one-man concern<br \/>\n\u96f6\u7d30\u4f01\u696d small business, small-scale enterprise<br \/>\n\u516c\u7684\u6a5f\u95a2\u3000public institution, public sector<br \/>\n\u5de8\u5927\u5316\u3059\u308b\u3000become gigantic \u30b8\u30e3\u30a4\u300c\u30ae\u30e3\u300d\u30f3\u30c6\u30a3\u30c3\u30af<br \/>\n\u5438\u3044\u4e0a\u3052\u308b suck<br \/>\n\u4e0d\u8abf failing<br \/>\n\u8ad6\u62e0 ground for argument, evidence<br \/>\n\u58f2\u4e0a\u9ad8\u7d14\u5229\u76ca\u7387\u3000net profit margin = net income \/ revenue<br \/>\n\u58f2\u4e0a\u9ad8 revenue, sales<br \/>\n\u7dcf\u8cc7\u7523 total assets<br \/>\n\u7dcf\u8cc7\u7523\u56de\u8ee2\u7387\u3000asset turnover<br \/>\n\u30ec\u30d0\u30ec\u30c3\u30b8 leverage<br \/>\nlever \u3066\u3053<br \/>\n\u751f\u7523\u6027\u3000productivity<br \/>\n\u51e6\u65b9\u7b8b\u3000prescription\uff08\u2190\u533b\u8005\u3067\u3082\u3089\u3046\u3082\u306e\uff09, recipe \u30ec\u30b7\u30d4<br \/>\n\u30c7\u30e5\u30dd\u30f3\u3000DuPont Corporation; \u30ca\u30a4\u30ed\u30f3\u3001\u30c6\u30d5\u30ed\u30f3\u3001\u30b1\u30d6\u30e9\u30fc\u306a\u3069\u3092\u767a\u660e\u3002<br \/>\n\u5229\u5b50\u8ca0\u62c5 interest (payment) burden<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4f01\u696d\u4f1a\u8a08\u306e\u52c9\u5f37\u7b2c\uff11\u56de\u306f\u3001ROE(return on equity, \u81ea\u5df1\u8cc7\u672c\u5229\u76ca\u7387\u3068\u8a33\u3059\uff09\u306e\u89e3\u8aac\u306b\u3057\u307e\u3057\u3087\u3046\u3002 \u8aad\u307f\u65b9\u306f\u3001\u30a2\u30fc\u30eb\u30fb\u30aa\u30fc\u30fb\u30a4\u30fc\u3000\u306e\u3088\u3046\u3067\u3059\uff08\u672c\u3060\u3051\u3067\u52c9\u5f37\u3059\u308b\u3068\u8aad\u307f\u65b9\u3092\u9593\u9055\u3048\u3066\u6642\u3005\u6065\u305a\u304b\u3057\u3044\u3067\u3059\u304c\u3001\u3044\u307e\u306f\u30cd\u30c3\u30c8\u3067\u8abf\u3079\u3089\u308c\u308b\u306e\u3067\u5b89\u5fc3\u3067\u3059\uff09\u3002 \u5b9a\u7fa9\u306f\u3000ROE = \u5f53\u671f\u7d14\u5229\u76ca\u00f7\u81ea\u5df1\u8cc7\u672c\u00d7100\uff08\uff05\uff09 \u3067\u3001\u5f53\u671f\uff1d\u4e00\u5b9a\u671f\u9593\uff081\u5e74\u30013\u304b\u6708\u306a\u3069\uff09 \u3000\u3000\u7d14\u5229\u76ca\uff1d\u7a0e\u91d1\u3092\u6255\u3063\u305f\u5f8c\u306e\u4f1a\u793e\u306e\u624b\u5143\u306b\u6b8b\u308b\u5229\u76ca\uff08\u3059\u3079\u3066\u306e\u7d4c\u8cbb\u306f\u7a0e\u91d1\u3092\u6255\u3046\u524d\u306b\u6e05\u7b97\u6e08\u307f\uff09 \u3000\u3000\u81ea\u5df1\u8cc7\u672c\uff1d\u682a\u5f0f\u3092\u767a\u884c\u3057\u3066\u96c6\u3081\u305f\u304a\u91d1 \u3067\u3059\u3002\u5f53\u671f\u7d14\u5229\u76ca\u306f\u8caf\u91d1\u3057\u305f\u308a\u3001\u8a2d\u5099\u6295\u8cc7\u3057\u305f\u308a\u3001\u682a\u4e3b\u306b\u914d\u5f53\u3092\u6255\u3046\u306e\u306b\u4f7f\u3044\u307e\u3059\u3002\u4e0a\u5834\u4f01\u696d\u306b\u9069\u7528\u3055\u308c\u308b\u6570\u5024\u3067\u3059\u3002 \u300c\u304a\u91d1\u304c1\u5e74\u9593&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[43,52],"tags":[6,15],"class_list":["post-1278","post","type-post","status-publish","format-standard","hentry","category-companies","category-economics","tag-companies","tag-economics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=\/wp\/v2\/posts\/1278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1278"}],"version-history":[{"count":0,"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=\/wp\/v2\/posts\/1278\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sekaiken.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}