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- せぴあ ありはら
- 5 years ago
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1 , ,074 1, % %
2 ROE
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5 ROE 3-1 -
6 26 ROE 3.5% % % 3.4% 2.7% % 42.7% 46.5% 50.6% 50.7% % 4.7% % 2.3% 2.7% 1.3% 0. a. b. c. d. e : :86, :87, :75 a b c d e 79.1% 60.5% % 60.5% 54.7% 24.4% 26.7% 2.3% 4.7% a b c d e f a. b. c. d. e. f. : :86, :87, :75-2 -
7 % 46.5% 3 3 a. b. c. d. e. f. g. h. i. j. k. : : 86, : 87, % 48.8% 48.8% % 19.8% 39.5% 32.6% 22.1% 34.9% 12.8% 4.7% 5.8% a b c d e f g h i j k 70.1% 93.2% % 26.5% 3.4% 93.2% 6.8% % % 94.2% 5.8% % 26.3% 0.4% 94.5% 5.3% 0.2% a b a b a. b. a. b. : :589, :575, :571 : :413, :433, :
8 % 71.4% % 71.4% 41.9% 45.8% a. b. c. d. e % 3.9% a b c d e : :413, :433, : % 63.6%ROE 39.7% 7 7 a. ROE b. ROA c. d. e. f. g. EVA h. ROIC i. FCF j. k. DOE DOE=ROE l. 1 m. n. 1 o. p. DE q. WACC r % 16.1% 50.1% 63.6% 69.6% 3.4% % 7.8% 24.9% 4.9% 6.5% 3.9% 0.5% : :385, :408, : % 15.8% a b c d e f g h i j k l m n o p q r 0.5% % - 4 -
9 %69.5% 8 8 a. b. c. d. e. f. g. h. i. j. k. : :413, :433, : % 69.5% % 34.1% 32.7% 29.5% 28.1% 22.5% % 1. a b c d e f g h i j k ROE - 5 -
10 26 ROE 68.6%55.8% % 55.8% 48.8% 48.8% % 4.7% 4.7% a b c d e f g a. b. c. d. e. f. g. : :86 3 ROE % a. ROE b. ROA c. d. e. f. g. EVA h. ROIC i. FCF j. k. DOE DOE=ROE l. 1 m. n. 1 o. p. DE q. WACC r. : :86, :87, : % % 32.6% 38.4% 29.1% 25.6% 20.9% 11.6% 11.6% 15.1% % 18.6% 8.1% 8.1% 4.7% 2.3% a b c d e f g h i j k l m n o p q r - 6 -
11 26 ROE ROE 4.7% ROE 4.7% 26.7% 60.5% 5.8% 2.3% ROE 4.6% 1.3% 24.1% 13.3% 70.7% 63.2% 4.6% 13.3% 3.4% 1.3% a. b. c. d a b c d : :86, :87, :75 ROE 1 12% 40.7% 8% 117.4% 11.4% ROE % 40.7% % 1.2% 1.2% 17.4% 10.5% 8.1% 5.8% 5.8% 6% 6% 8% 8% % 12% 14% 14% 16% 16% : : % 59.9%54.3% % 80.6% 54.3% 20.5% 25.5% 7.3% 5.3% 4.1% a. b. c. d. e. f. g. a b c d e f g : :
12 ROE59.1%58.7% a. ROE b. ROA c. d. e. f. g. EVA h. ROIC i. FCF j. k. DOE DOE=ROE l. 1 m. n. 1 o. p. DE q. WACC r. : :589, :575, : % 58.7% 50.9% % % 29.9% 20.4% 20.4% 18.8% 3.6% 7.8% 13.6% 10.4% % 7.5% 0.7% a b c d e f g h i j k l m n o p q r ROE 41.6% 15 ROE 30.9% ROE 16 15ROE 16 ROE % 2.5% 4.8% 5.8% % 5.7% 4.8% 30.9% 22.9% 25.1% 12.7% 8.3% % 47.1% 57.1% 60.2% 59.9% 58.3% 56.5% 53.7% 28.7% 17.9% % % 16.5% 30.3% 15.4% 14.9% % 50.3% % 36.8% 37.7% 41.6% a b c d H19 H20 H21 H22 H23 : :589, :575, :571, H23 :613, H22 :658, H21 :644, H20 :630, H19 :590 ROE a. b. c. d. : :589, :575, :
13 26 ROE ROE 32.6% 17 17ROE % 24.4% 14.6% 8.5% 4.1% 5.7% 5.7% 1.6% 2.8% a b c d e f g h a. b. c. d. e. f. g. h. : :316, :325, :333 ROE ROE % 5.3% ROE ROE 1820ROE ROA ROA ROE ROE 19 ROE 2 16% 12% 8% 4% ROE ROE 14.7% 8.5% H4 H6 H8 H10 H12 H14 H16 H18 H20 H22 ROE 8.5% 14.7% ROA 3.2% 6.6% 3.4% 8.5% Quarterly Financial Report Quarterly Financial Report ROE 1,200 1,134 1, % 6% 8% 8% % 12% 14% 14% 16% 16% - 9 -
14 26 9 ROE ROE ROE ROE ROE ROE ROE ROE ROE ROE ROE ROE ROE
15 % 60.5% 11.6% 72.1% % 61.6%16.3% 77.9% % 24.4% 1.2% 5.8% % 60.5% 11.6% 4.7% 64.4% 27.6% 2.3% 5.7% % 57.5% 10.3% 5.7% 54.7% 37.3% % % a b c a. b. c. : :86, :87, : a b c d a. b. c. d. : :86, :87, : % 11.6% 1.2% 4.7% 1.2% 16.3% 61.6% 16.3% 4.7% % % % 60.9% 12.6% 5.7% % 5.3% % 57.3% 17.3% 6.7% a b c a. b. c. : :86, :87, : a b c d a. b. c. d. : :86, :87, :
16 % 15.1% % 67.8% 4.7% 15.1% % 3.4% 14.9% 1.1% 3.4% 8.1% 9.2% a. b. c. d. e : :86, :87 a b c d e 48.8%8.1% 56.9% % % 48.8% 8.1% 5.8% % 5.8% 67.4% 18.6% 1.2% 5.8% % % 3.4% 3.4% 65.5% 24.1% 1.1% % 1.3% 30.7% % 74.7% 18.7% 1.3% a b c d a. b. c. d. : :86, :87, : a b c d e a. b. c. d. e. : :86, :87, :
17 % % % 14.3% 3.1% % 4.8% 3.6% 22.1% 60.7% 15.5% 1.7% 26.4% % 2.4% 21.5% 57.8% 19.1% 1.6% 22.2% % 1.9% a b c a. b. c. : :589, :575, : a b c a. b. c. : :589, :575, : % % 32.2% 59.8% 58.8% 3.2% 1.9% 3.7% 3.1% 4.6% 4. a. b. c. d. : :589, : a b c d 60.6% 19.7% % 59.8% 19.7% 20.5% 4.9% % 4.8% 2.9% 5.9% 0.3% 4.3% a. b. c. d. e. f a b c d e f : :589, :
18 % % 25.4% % 8.5% 57.6% % 45.8% 25.4% 6.8% 3.4% 5.1% 13.6% 9.8% 8.2% 54.1% % 57.4% 24.6% 4.9% 4.9% 6.6% 1.6% 10.8% 9.2% 53.8% 16.9% 9.2% 56.9% 24.6% 3.1% 3.1% 4.6% 7.7% a b c d a. b. c. d. : :59, :61, : a b c d e a. b. c. d. e. : :59, :61, : , , , ,000 0 H16 H17 H18 H19 H20 H21 H22 H23 TOPIX S60 H1 H5 H9 H13 H17 H
19 % % % 62.8% 11.6% 3.5% % 33.7% 11.6% 4.7% 5.8% a b c d e f g h i j a. b. c. d. e. f. g. h. i. j. : :86, :87 3 ROI 84.9% % 32.6% 33.7% 23.3% 16.3% 3.5% 3.5% a b c d e f a. b. c. ROI d. IRR e. NPV f. : :86, :87, :
20 % 44.2% % 2.3% 44.2% 42.5% 46.5% 48.3% 2.3% 3.4% 5.8% 3.4% a. b. c. d a b c d : :86, : % 39.5% 41.9% 44.2% 39.5% 38.4% 34.9% % 1.2% 4.7% a b c d e f g h i j a. b. c. d. e. f. g. h. i. j. : :86, : % 49.6% % 49.6% % 20.5% 23.4% 14.4% % 3.6% 5.9% a b c d e f g h i j a. b. c. d. e. f. g. h. i. j. : :589, :
21 % % % 22.4% 20.4% 7.6% 10.4% 3.7% a. b. c. ROI d. IRR e. NPV f. g. a b c d e f g : :589, :575, : %47.9% % 36.8% 47.9% % % 30.1% 13.4% 2.2% 3.7% a b c d e f g h i j a. b. c. d. e. f. g. h. i. j. : :589, :575 ROI
22
23 % 47.7% 86.1% %67.6% % 47.7% % 4.7% % 67.6% % 43.7% 4.6% 5.7% 4.6% % % % a b c d % 6.8% 8.1% 2.7% 0. a b c d e f a. b. c. d. : :86, :87, :75 a. b. c. DOE (DOE=ROE) d. 1 e. f. : :74, :74, : % % % % 51.2% % 4.7% 3.4% a. b. c. d % 50.7% 13.3% 1.3% : :86, :87, : a b c d
24 % % % 43.1% 0.3% % 2.8% 33.4% 35.7% 8.7% 0.7% 5.3% 7.5% 0.3% 4.3% 4.9% 5.2% a. b. c. DOE d. 1 e. f. + g a b c d e f g : :589, : % % % 49.9% 2.9% % 52.6% 57.9% 58.2% 57.6% 58.3% 60.4% 48.7% 49.9% 1.4% % a. b. 47.5% a b 1.8% : :589, :575, : % 47.4% 42.1% 41.8% 42.4% 41.7% 39.6% H19 H20 H21 H22 H23 : :589, :575, :571, H23 :613 H22 :658, H21 :644, H20 :630, H19 : % % 3.3% 5.1% 4.2% 3.7% 77.2% 76.3% 76.4% 6.1% 8.4% % 2.7% % 1.7% 1.4% 5.9% 1.1% 2.6% a. b. c. d. e. f a b c d e f : :294, :287, :
25 %57.6% 94.1% % 57.6% 4.1% 0.3% 1.5% 0.7% 34.4% % 0.5% 0.9% 33.6% 58.3% 6.3% 0.9% a b c d a. b. c. d. : :589, :575, :571 1, DOE % H20 H21 H22 H DOE , % 21.2% H % 69.2% 68.8% 68.8% 70.2% 66.1% 65.5% 65.8% 25.7% 30.8% 31.3% 31.3% 29.8% 33.9% 34.5% 34.2% H19 H20 H21 H22 H23 1,
26 26 2.3%40.7%48.8% 91.8% % 29.1% 59.3% % 2.3% 1.3% 40.7% 39.1% 45.3% 48.8% % 1.2% 2.3% 4.7% % 2.3% 1.3% 1.3% 0. a. b. c. d. e a b c d e : :86, :87, : % 26.4% 29.3% 29.1% % % 32.6% 2.3% 4.6% 16.1% % 21.3% 4.7% 4.6% 0. a. b. c. d. e a b c d e : :86, :87, :
27 % % 81.4% % % % 58.6% 53.3% 41.9% 32.2% 29.3% 3.5% 2.3% 5.3% % 4. a. 8 b. 68 c. 46 d. 24 e a b c d e : :86, :87, : %37.2% 38.4% % <> 37.2% 38.4% 9.3% 5.8% 4.7% 4.7% a b c d e f g a. b. 1 2 c. 2 3 d. 3 4 e. 4 5 f. 5 6 g. 6 : : <> 38.4% 24.4% 16.3% 12.8% % 3.5% 3.5% a b c d e f g a. b. 1 2 c. 2 3 d. 3 4 e. 4 5 f. 5 6 g. 6 : :
28 % 53.5% % 29.7% % 27.5% 0.8% 81.8% 3.6% 10.7% 2.2% 16.5% 29.7% % 5.3% 62.1% 6.3% 15.4% 3.2% 1.7% 26.7% 1.5% 3.7% % 9.7% % 3.1% 98.3% 37.5% 45.2% 4.4% 11.4% 98.5% 1.7% 1.5% : :589 : : TOPIX % % H16 H17 H18 H19 H20 H21 H22 H % 35.7% 32.7% % 28.2% 28.1% 28.5% 32.3% 32.9% 19.9%19.8% 22.5%25.8% 38.8% 37.5% 31.6% 30.5% 29.8% 27. H16 H17 H18 H19 H20 H21 H22 H23 TOPIX 10 TOPIX S&P
29 TOPIX %
30 % 19.8% 1.2% 3.5% 73.6% 20.7% 1.1% 4.6% a. b. c. 78.7% 18.7% 1.3% 1.3% : :86, :87, : a b c 87.2%ROE 54.7% % % 29.1% 54.7% 5.8% 3.5% 3.5% a. b. c. d. ROE e. f. a b c d e f : : % 30.2% % % 30.2% 25.2% 58.2% % 10.8% % % 16.9% 28.5% 63. a. b. 8.4% a b : :589, :575, : % 1.5% a b c d e f a. b. c. d. e. f. : :343, :368, :
31 H21 H22 H % 51.3% 53.3% 42.7% 30.7% 6.9% 7.6% 11.5% 9.1% 6.5% H21 H22 H23 12 TOPIX Standard & Poor ss&p
32 % 53.5% 68 IR 62.8% 17.4% % 15.1% 17.4% 1.2% 3.5% % % 41.4% % % % % % % 41.3% 22.7% 33.3% a b c d 2.7% a. IR b. c. d. : :86, :87, :75 : : % % % 79.3% 3.5% 3.5% % 8.1% 9.2% a. b. c. : :86, : a b c
33 % % 32.3% 24.2% 8.1% 1.6% 3.2% 0. a b c d e f g h a. b. c. d. e. f. g. h. : : %58.1% % 60.5% 53.5% 26.7% 29.1% 18.6% 25.6% % 2.3% 7. a b c d e f g h i j a. b. c. d. e. f. g. h. i. j. : : % 70.9%53.5% % 38.4% 31.4% % 70.9% 53.5% 41.9% % 16.3% % 2.3% 8.1% a b c d e f g h i j a. b. c. d. e. f. g. h. IR i. j. : :86, :
34 % 38.4% 31.4% 23.3% 23.3% 31.4% 8.1% 2.3% a b c d e f g a. b. c. d. e. f. g. : :86, : % 34.9% % 34.9% 30.2% 19.8% 26.7% 22.1% 15.1% 11.6% 0. a b c d e f g h a. b. c. d. e. f. g. h. : : % 76.2% 82.3% 67.4% %72.5% 47.5% 44.5% %81.8%
35 % 82.3% % 67.4% % % 32.8% % 10.4% % 10.4% % 6.1% % 4.8% % 4.6% % 3.9% 10 : : % 47.5% % 44.5% % 39.9% % % 38.2% % 29.9% % % 24.6% % % 9.2% : : % % 59.4% 62.5% 38.7% 17.8% 1.2% 0.5% a b c d e f g h a. b. c. d. e. f. g. h. : :589, : %IR 62.1% % 40.1% % 48.4% 66.2% 17.1% 1.2% 3.1% a b c d e a. b. c. IR d. e. : : % 10.9% 43.3% 40.1% 5.6% 7.1% a b c d e a. b. c. d. e. : :589, :575, :
36 % 70.3% % 70.3% 38.7% 17.7% 14.8% 9.3% 2.2% 1.2% 5.3% a b c d e f g h a. b. c. d. e. f. g. h. : :
37 % ROE 58.1% % 58.1% 38.4% 30.2% 9.3% % 10.5% 5.8% 10.5% a b c d e f g h i a. b. ROE c. d. e. f. g. h. i. : :86, : % 53.5% % 65.1% 53.5% 10.5% % 3.5% 8.1% a b c d e f g a. b. c. d. e. f. g. : :86, :87, : % % % % 26.4% 51.2% 52.9% 15.1% 6.9% 8.1% 5.7% a. 2 b. 3 c. 1 d % % : :86, :87, : a b c d
38 %3.5% 44.2% % 30.2% % 45.3% 40.7% 3.5% 9.3% 3.4% 1.3% 37.9% 41.3% 47.1% 49.3% 3.4% 5.3% % a. b. c. d a b c d : :86, :87, : % % 30.2% 29.1% 9.3% a. b. c. d. e. 0. a b c d e : :86, :87, : % 51.3% 36.3% % 71.1% 36.3% 51.3% 43.3% 6.6% 6.6% 4.1% a. b. c. d. e. f. g. a b c d e f g : :589, :575, :
39 % % 65.5% % 1.4% 2.6% 2.3% 2.5% 2.3% 2.5% 1.1% 0.8% 1.5% 0.7% 0.5% 1.9% 1.7% 49.7% 47.5% 52.9% 59.4% 63.7% 63.1% 63.8% 47.6% 50.2% 42.9% 37.4% 33.3% % % 0.2% 0.3% % 0.5% H20 H21 H22 H23 a b c d a. 10 b. 10 c. 20 d. 30 : :589, :575, :571 H23 :613, H22 :658, H21 :644, H20 : % 88.2% % % % 3.6% 0.5% a b c d a. b. c. d. : :589, :575, : % % % 13.1% 2.7% a b c d e a. b. c. d. e. : :589, :575, :
40 % 31.6% 24.4% % 6.8% 13.9% a. b. c. d. e. f. a b c d e f : : %
41 26 ROE ROE ROE ROE ROE ROE
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Financial Report 2012 KYOTO UNIVERSITY 02 03 04 05 06 08 10 12 14 16 18 19 20 22 24 25 26 27 28 30 02 Kyoto University Financial Report 2012 MD&A Kyoto University Financial Report 2012 03 04 Kyoto University
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CEO COO CFO 18 19 Dear Stakeholders Building a New Era with Heart 20 2008 4 2 3 Challenge 2010 2008 35.3% GDP 2008 1.1% 1 6,909 5 6 735 817.4% 398 5 535.0% 41 768.1% ROE 0.7%9.0% 1 24 22009 20207 9 1002055
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