{"id":1881,"date":"2025-08-28T10:00:00","date_gmt":"2025-08-28T01:00:00","guid":{"rendered":"https:\/\/jioinc.jp\/investleaders\/?p=1881"},"modified":"2026-03-26T15:57:04","modified_gmt":"2026-03-26T06:57:04","slug":"funda_cf","status":"publish","type":"post","link":"https:\/\/jioinc.jp\/investleaders\/funda_cf\/","title":{"rendered":"\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u306e\u5206\u6790\u624b\u6cd5\uff01\u682a\u5f0f\u6295\u8cc7\u306b\u4f7f\u3048\u308b\u6c7a\u7b97\u66f8\u306e\u898b\u65b9\u3092\u30a2\u30ca\u30ea\u30b9\u30c8\u304c\u4f1d\u6388"},"content":{"rendered":"\n

\u682a\u5f0f\u6295\u8cc7\u3092\u3059\u308b\u969b\u306b\u300c\u5229\u76ca\u300d\u3060\u3051\u3092\u898b\u3066\u9298\u67c4\u3092\u9078\u3093\u3067\u3044\u307e\u305b\u3093\u304b\uff1f<\/p>\n\n\n\n

\u3082\u3057\u305d\u3046\u306a\u3089\u3001\u5927\u304d\u306a\u30ea\u30b9\u30af\u3092\u898b\u9003\u3057\u3066\u3044\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002<\/p>\n\n\n\n

\u4f8b\u3048\u3070\u3001\u58f2\u4e0a\u9ad8\u306f\u4f38\u3073\u3066\u3044\u3066\u3082\u3001\u58f2\u639b\u91d1\u306e\u56de\u53ce\u304c\u6ede\u3063\u3066\u73fe\u91d1\u304c\u4e0d\u8db3\u3057\u3066\u3044\u308b\u30b1\u30fc\u30b9\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

\u8cc7\u91d1\u7e70\u308a\u306b\u4f59\u88d5\u304c\u306a\u3051\u308c\u3070\u3001\u597d\u696d\u7e3e\u3067\u3082\u5012\u7523\u306e\u30ea\u30b9\u30af\u304c\u3042\u308b\u306e\u3067\u3059\u3002<\/p>\n\n\n\n

\u305d\u3053\u3067\u91cd\u8981\u306b\u306a\u308b\u306e\u304c\u3001\u4f01\u696d\u306e\u4e00\u5b9a\u671f\u9593\u306b\u304a\u3051\u308b\u73fe\u91d1\u306e\u6d41\u308c\u3092\u793a\u3059\u300c\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8(C\/F)\u300d\u3067\u3059\u3002<\/p>\n\n\n\n

\u672c\u8a18\u4e8b\u3067\u306f\u3001\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u306e\u57fa\u672c\u7684\u306a\u898b\u65b9\u3084\u3001\u5012\u7523\u30ea\u30b9\u30af\u3084\u6210\u9577\u6027\u3092\u898b\u629c\u304f\u305f\u3081\u306e\u30dd\u30a4\u30f3\u30c8\u3092\u6295\u8cc7\u521d\u5fc3\u8005\u306b\u3082\u5206\u304b\u308a\u3084\u3059\u304f\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n\n\n

\n
<\/path><\/path><\/svg>\u6025\u9a30\u671f\u5f85\uff13\u9298\u67c4\u3092\u7121\u6599\u3067\u53d7\u3051\u53d6\u308b<\/span><\/a><\/div>\n<\/div>\n\n\n\n

\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u3068\u306f\uff1f\u682a\u5f0f\u6295\u8cc7\u306b\u5fc5\u9808\u306e\u57fa\u790e\u77e5\u8b58<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8(C\/F)\u3068\u306f\u3001\u8cb8\u501f\u5bfe\u7167\u8868(B\/S)<\/a>\u3084\u640d\u76ca\u8a08\u7b97\u66f8(P\/L)<\/a>\u3068\u4e26\u3076\u8ca1\u52d9\u4e09\u8868\u306e1\u3064\u3067\u3059\u3002<\/p>\n\n\n\n

\u82f1\u8a9e\u3067\u306f\u3001 Cash Flow Statement\u3068\u547c\u3076\u305f\u3081\u3001\u982d\u6587\u5b57\u3092\u53d6\u3063\u3066\u300cC\/F\u300d\u3068\u8868\u73fe<\/strong>\u3055\u308c\u307e\u3059\u3002<\/p>\n\n\n\n

\u4e0a\u5834\u4f01\u696d\u306b\u306f\u3001\u56db\u534a\u671f\u306b1\u5ea6\u306e\u6c7a\u7b97\u767a\u8868\u3067\u640d\u76ca\u8a08\u7b97\u66f8\u3068\u8cb8\u501f\u5bfe\u7167\u8868\u306e\u958b\u793a\u304c\u7fa9\u52d9\u4ed8\u3051\u3089\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n

\u4e00\u65b9\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u306f\u3001\u5e74\u306b1\u5ea6\u958b\u793a\u3059\u308c\u3070\u826f\u3044\u6c7a\u307e\u308a\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n

\u305d\u306e\u305f\u3081\u3001\u3084\u3084\u8efd\u8996\u3055\u308c\u304c\u3061\u3067\u3059\u304c\u3001\u5b9f\u306f\u4f01\u696d\u306e\u8ca1\u52d9\u72b6\u614b\u3084\u7d4c\u55b6\u306e\u5065\u5168\u6027\u3092\u898b\u6975\u3081\u308b\u4e0a\u3067\u306e\u91cd\u8981\u306a\u60c5\u5831\u6e90\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc(C\/F)\u3068\u306f\u4f1a\u793e\u306b\u304a\u3051\u308b\u73fe\u91d1\u306e\u6d41\u308c<\/h3>\n\n\n\n

\u4f01\u696d\u304c\u4e8b\u696d\u6d3b\u52d5\u3092\u884c\u3046\u969b\u306b\u3001\u3069\u308c\u304f\u3089\u3044\u306e\u73fe\u91d1\uff08\u30ad\u30e3\u30c3\u30b7\u30e5\uff09\u304c\u5165\u3063\u3066\u304d\u3066\u3001\u51fa\u3066\u3044\u3063\u305f\u306e\u304b\u3092\u793a\u3057\u307e\u3059\u3002
\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306e\u628a\u63e1\u306f\u3001\u4f01\u696d\u306e\u652f\u6255\u3044\u80fd\u529b\u3084\u5012\u7523\u30ea\u30b9\u30af\u3092\u5224\u65ad\u3059\u308b\u305f\u3081\u306b\u91cd\u8981<\/strong>\u3067\u3059\u3002<\/p>\n\n\n\n

\u4f1a\u8a08\u4e0a\u306e\u5229\u76ca\uff08\u640d\u76ca\u8a08\u7b97\u66f8\u306e\u5229\u76ca\uff09\u304c\u51fa\u3066\u3044\u3066\u3082\u3001\u624b\u5143\u306b\u73fe\u91d1\u304c\u306a\u3051\u308c\u3070\u652f\u6255\u3044\u304c\u3067\u304d\u306a\u304f\u306a\u308a\u3001\u6700\u60aa\u306e\u5834\u5408\u3001\u9ed2\u5b57\u5012\u7523\u3057\u3066\u3057\u307e\u3046<\/strong>\u30ea\u30b9\u30af\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

\u4f8b\u3048\u3070\u3001\u5546\u54c1\u304c\u58f2\u308c\u3066\u5229\u76ca\u304c\u8a08\u4e0a\u3055\u308c\u3066\u3082\u3001\u305d\u306e\u4ee3\u91d1\u304c\u5165\u91d1\u3055\u308c\u3066\u3044\u306a\u3051\u308c\u3070\u3001\u4ed5\u5165\u308c\u5148\u3084\u5f93\u696d\u54e1\u306b\u652f\u6255\u3046\u73fe\u91d1\u304c\u4e0d\u8db3<\/strong>\u3059\u308b\u4e8b\u614b\u306b\u306a\u308a\u304b\u306d\u307e\u305b\u3093\u3002<\/p>\n\n\n\n

\u4f01\u696d\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\uff08C\/F\uff09\u306e\u63b2\u8f09\u5834\u6240\u3068\u78ba\u8a8d\u65b9\u6cd5<\/h3>\n\n\n\n

\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\uff08C\/F\uff09\u306f\u3001\u4f01\u696d\u306e\u300c\u6c7a\u7b97\u77ed\u4fe1\u300d\u3084\u300c\u6709\u4fa1\u8a3c\u5238\u5831\u544a\u66f8\u300d\u306b\u8a18\u8f09\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n

\u3053\u308c\u3089\u306e\u66f8\u985e\u306f\u3001\u4f01\u696d\u306e\u516c\u5f0f\u30b5\u30a4\u30c8\u5185\u306b\u3042\u308bIR\u60c5\u5831\u30da\u30fc\u30b8\u3084\u3001\u91d1\u878d\u5e81\u304c\u904b\u55b6\u3059\u308bEDINET\uff08\u30a8\u30c7\u30a3\u30cd\u30c3\u30c8\uff09\u304b\u3089\u78ba\u8a8d\u3059\u308b\u3053\u3068\u304c\u53ef\u80fd\u3067\u3059\u3002<\/p>\n\n\n\n

\u8cb8\u501f\u5bfe\u7167\u8868(B\/S)\u3084\u640d\u76ca\u8a08\u7b97\u66f8(P\/L)\u3068\u306e\u95a2\u4fc2<\/h3>\n\n\n\n

\u8cb8\u501f\u5bfe\u7167\u8868\uff08B\/S\uff09\u3084\u640d\u76ca\u8a08\u7b97\u66f8\uff08P\/L\uff09\u3001\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\uff08C\/F\uff09\u306f\u3001\u3044\u305a\u308c\u3082\u4f01\u696d\u696d\u7e3e\u3092\u628a\u63e1\u3059\u308b\u4e0a\u3067\u6b20\u304b\u305b\u307e\u305b\u3093\u3002<\/p>\n\n\n\n

\u3053\u308c\u30893\u3064\u306e\u8ca1\u52d9\u8af8\u8868\u304c\u9023\u643a\u3059\u308b\u3053\u3068\u3067\u3001\u4f01\u696d\u306e\u8cc7\u91d1\u7e70\u308a\u3084\u7d4c\u55b6\u72b6\u6cc1\u3092\u7684\u78ba\u306b\u628a\u63e1<\/strong>\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n

\u640d\u76ca\u8a08\u7b97\u66f8\u306b\u306f\u3001\u4f01\u696d\u304c\u4e00\u5b9a\u671f\u9593\u306b\u3069\u308c\u3060\u3051\u306e\u53ce\u76ca\u3092\u4e0a\u3052\u3001\u3069\u308c\u3060\u3051\u8cbb\u7528\u3092\u304b\u3051\u305f\u304b\u304c\u8a18\u8f09\u3055\u308c\u3066\u3044\u307e\u3059\u3002
\u305f\u3060\u3057\u3001\u73fe\u91d1\u306e\u652f\u6255\u3044\u3068\u306f\u30bf\u30a4\u30df\u30f3\u30b0\u304c\u7570\u306a\u308b<\/strong>\u305f\u3081\u3001\u58f2\u4e0a\u304c\u8a08\u4e0a\u3055\u308c\u3066\u3044\u3066\u3082\u672a\u5165\u91d1\u306e\u5834\u5408\u306a\u3069\u3001\u5b9f\u969b\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u306e\u52d5\u304d\u3068\u305a\u308c\u304c\u751f\u3058\u307e\u3059\u3002<\/p>\n\n\n\n

\u8cb8\u501f\u5bfe\u7167\u8868\u306f\u3001\u6c7a\u7b97\u65e5\u6642\u70b9\u306b\u304a\u3051\u308b\u4f01\u696d\u306e\u8cc7\u7523\u3084\u8ca0\u50b5\u306e\u72b6\u6cc1\u3092\u793a\u3059\u3082\u306e\u3067\u3059\u3002
\u305f\u3068\u3048\u3070\u3001\u58f2\u639b\u91d1\u306e\u5897\u52a0\u304c\u898b\u3089\u308c\u308b\u5834\u5408\u3001\u58f2\u4e0a\u304c\u3042\u3063\u3066\u3082\u73fe\u91d1\u304c\u672a\u56de\u53ce\u3067\u3042\u308b\u3053\u3068\u304c\u5206\u304b\u308b<\/strong>\u3068\u3044\u3046\u70b9\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n\n\n\n

\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u306f\u3001\u640d\u76ca\u8a08\u7b97\u66f8\u306e\u5229\u76ca\u3092\u51fa\u767a\u70b9\u3068\u3057\u3001\u8cb8\u501f\u5bfe\u7167\u8868\u4e0a\u306e\u8cc7\u7523\u3084\u8ca0\u50b5\u306e\u5909\u5316\u3092\u52a0\u5473\u3059\u308b\u3053\u3068\u3067\u3001\u4f01\u696d\u306e\u73fe\u91d1\u306e\u52d5\u304d\u3092\u660e\u3089\u304b\u306b\u3057\u307e\u3059\u3002<\/p>\n\n\n

\uff3b\u95a2\u9023\uff3d\u8cb8\u501f\u5bfe\u7167\u8868(\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8)\u3068\u306f\uff1f\u6295\u8cc7\u5bb6\u521d\u5fc3\u8005\u304c\u4f01\u696d\u4fa1\u5024\u3068\u30ea\u30b9\u30af\u3092\u898b\u629c\u304f\u8aad\u307f\u65b9\u3092\u89e3\u8aac<\/a><\/p>\n\n\n

\uff3b\u95a2\u9023\uff3d\u640d\u76ca\u8a08\u7b97\u66f8(P\/L)\u3068\u306f\uff1f\u6295\u8cc7\u521d\u5fc3\u8005\u304c\u62bc\u3055\u3048\u3066\u304a\u304d\u305f\u3044\u6c7a\u7b97\u66f8\u306e\u898b\u65b9\u3092\u30a2\u30ca\u30ea\u30b9\u30c8\u304c\u89e3\u8aac<\/a><\/p>\n\n\n\n

\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u306e\u898b\u65b9\uff5c3\u3064\u306e\u6d3b\u52d5\u5225\u30dd\u30a4\u30f3\u30c8\u3092\u89e3\u8aac<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u306f\u3001\u300c\u55b6\u696d\u6d3b\u52d5\u300d\u300c\u6295\u8cc7\u6d3b\u52d5\u300d\u300c\u8ca1\u52d9\u6d3b\u52d5\u300d\u306e3\u3064\u306e\u533a\u5206\u3067\u69cb\u6210\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u305d\u308c\u305e\u308c\u304c\u4f55\u3092\u793a\u3057\u3066\u3044\u308b\u306e\u304b\u30dd\u30a4\u30f3\u30c8\u3092\u898b\u3066\u3044\u304d\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n

\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3067\u898b\u308b\u672c\u696d\u306e\u7a3c\u3050\u529b<\/h3>\n\n\n\n

\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\uff08\u55b6\u696dCF\uff09\u306f\u3001\u4f01\u696d\u304c\u672c\u696d\u3067\u7a3c\u3044\u3060\u73fe\u91d1\u306e\u52d5\u304d<\/strong>\u3092\u793a\u3057\u307e\u3059\u3002<\/p>\n\n\n\n

\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u304c\u30d7\u30e9\u30b9\u3067\u3042\u308c\u3070\u3001\u5546\u54c1\u8ca9\u58f2\u3084\u30b5\u30fc\u30d3\u30b9\u63d0\u4f9b\u306b\u3088\u308b\u53ce\u5165\u304b\u3089\u3001\u4ed5\u5165\u308c\u4ee3\u91d1\u3084\u4eba\u4ef6\u8cbb\u306a\u3069\u306e\u652f\u51fa\u3092\u5dee\u3057\u5f15\u3044\u305f\u3001\u672c\u696d\u3067\u306e\u73fe\u91d1\u53ce\u652f\u304c\u30d7\u30e9\u30b9\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002<\/p>\n\n\n\n

\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u304c\u5b89\u5b9a\u3057\u3066\u30d7\u30e9\u30b9\u306e\u4f01\u696d\u306f\u3001\u65b0\u305f\u306a\u6295\u8cc7\u3084\u501f\u5165\u91d1\u306e\u8fd4\u6e08\u3001\u682a\u4e3b\u3078\u306e\u914d\u5f53\u306a\u3069\u306b\u6d3b\u7528<\/strong>\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n

\u305d\u306e\u305f\u3081\u8ca1\u52d9\u7684\u306b\u5065\u5168\u3068\u3055\u308c\u3001\u4e2d\u9577\u671f\u7684\u306a\u6210\u9577\u306b\u3082\u671f\u5f85\u3067\u304d\u308b\u4f01\u696d<\/strong>\u3068\u8a55\u4fa1\u3055\u308c\u308b\u50be\u5411\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

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\u6295\u8cc7\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306e\u30de\u30a4\u30ca\u30b9\u306f\u3001\u672c\u696d\u3067\u7a3c\u3044\u3060\u73fe\u91d1(\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc)\u3092\u5c06\u6765\u306e\u305f\u3081\u306b\u518d\u6295\u8cc7\u3057\u3066\u3044\u308b\u8a3c\u62e0\u3068\u8a00\u3048\u307e\u3059\u3002<\/p>\n\n\n\n

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\"\"<\/figure>\n\n\n\n

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\u8cc7\u91d1\u7e70\u308a\u306e\u5065\u5168\u6027\u304c\u5206\u304b\u308b<\/h3>\n\n\n\n

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\u9ed2\u5b57\u5012\u7523\u306e\u30ea\u30b9\u30af\u304c\u5206\u304b\u308b<\/h3>\n\n\n\n

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\u4f01\u696d\u306e\u6210\u9577\u6027\u304c\u5206\u304b\u308b<\/h3>\n\n\n\n

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\u30d5\u30ea\u30fc\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc(FCF)\u3067\u5897\u914d\u30fb\u81ea\u793e\u682a\u8cb7\u3044\u306e\u4f59\u529b\u304c\u5206\u304b\u308b<\/h3>\n\n\n\n

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PCFR\uff08\u682a\u4fa1\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u500d\u7387\uff09\u3067\u682a\u4fa1\u304c\u5272\u9ad8\u304b\u5272\u5b89\u304b\u304c\u5206\u304b\u308b<\/h3>\n\n\n\n

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PER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09<\/a>\u306f\u4f1a\u8a08\u57fa\u6e96\u306b\u5de6\u53f3\u3055\u308c\u307e\u3059\u304c\u3001PCFR\u306f\u73fe\u91d1\u306e\u52d5\u304d\u3092\u898b\u308b\u305f\u3081\u3001\u57fa\u6e96\u306e\u7570\u306a\u308b\u6d77\u5916\u4f01\u696d\u3068\u3082\u6bd4\u8f03\u3057\u3084\u3059\u3044\u306e\u304c\u7279\u5fb4\u3067\u3059\u3002<\/p>\n\n\n\n

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\"\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\"<\/figure>\n\n\n\n
\"\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\"<\/figure>\n\n\n\n

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2024\u5e7412\u6708\u671f\u306b\u304a\u3051\u308b\u540c\u793e\u306e\u55b6\u696d\u5229\u76ca\u306f530\u5104\u5186\u3068\u306a\u3063\u3066\u304a\u308a\u3001\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3082\u30d7\u30e9\u30b9\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n

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\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u304c\u30d7\u30e9\u30b9\u3067\u3042\u308b\u305f\u3081\u3001\u8ca1\u52d9\u4f53\u8cea\u306e\u6539\u5584\u304c\u6e08\u3081\u3070\u3001\u696d\u7e3e\u306e\u6025\u56de\u5fa9\u306b\u671f\u5f85\u3067\u304d\u308b\u30d1\u30bf\u30fc\u30f3<\/strong>\u3067\u3059\u3002<\/p>\n\n\n\n

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\u4f8b\u3048\u3070\u3001\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u304c\u6bce\u5e74\u5b89\u5b9a\u3057\u3066\u5897\u52a0\u50be\u5411\u306b\u3042\u308b\u304b\u3001\u6295\u8cc7\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u304c\u7d99\u7d9a\u7684\u306b\u30de\u30a4\u30ca\u30b9\u3068\u306a\u308a\u3001\u7a4d\u6975\u6295\u8cc7\u3092\u7dad\u6301\u3067\u304d\u3066\u3044\u308b\u304b\u3001\u3068\u3044\u3063\u305f\u9577\u671f\u7684\u306a\u8996\u70b9\u3067\u5206\u6790\u3057\u307e\u3059\u3002<\/p>\n\n\n\n

\u3053\u308c\u306b\u3088\u308a\u3001\u4e00\u904e\u6027\u306e\u8981\u56e0\u306b\u60d1\u308f\u3055\u308c\u308b\u3053\u3068\u306a\u304f\u3001\u4f01\u696d\u306e\u672c\u8cea\u7684\u306a\u7a3c\u3050\u529b\u3084\u6210\u9577\u3078\u306e\u59ff\u52e2\u3001\u8ca1\u52d9\u306e\u5b89\u5b9a\u6027\u3092\u3088\u308a\u6b63\u78ba\u306b\u8a55\u4fa1\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n

\u4f01\u696d\u306eIR\u60c5\u5831\u306a\u3069\u3067\u904e\u53bb\u306e\u6c7a\u7b97\u8cc7\u6599\u3092\u78ba\u8a8d\u3057\u3001\u9577\u671f\u7684\u306a\u30c8\u30ec\u30f3\u30c9\u3092\u628a\u63e1\u3059\u308b\u7fd2\u6163\u3092\u3064\u3051\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n

\u3088\u304f\u3042\u308bQ&A\uff5c\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u306e\u7591\u554f\u3092\u89e3\u6c7a<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

\u300c\u306a\u305c\u8cbb\u7528\u306e\u306f\u305a\u306e\u6e1b\u4fa1\u511f\u5374\u8cbb\u304c\u30d7\u30e9\u30b9\u306b\u306a\u308b\u306e\uff1f\u300d\u300c\u9805\u76ee\u304c\u591a\u304f\u3066\u3001\u7d50\u5c40\u3069\u3053\u3092\u4e00\u756a\u306b\u898b\u308c\u3070\u3044\u3044\u306e\uff1f\u300d\u306a\u3069\u3001\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u3092\u5b66\u3073\u59cb\u3081\u308b\u3068\u3001\u69d8\u3005\u306a\u7591\u554f\u304c\u6e67\u3044\u3066\u304f\u308b\u3082\u306e\u3067\u3059\u3002<\/p>\n\n\n\n

\u305d\u3053\u3067\u3001\u591a\u304f\u306e\u6295\u8cc7\u521d\u5fc3\u8005\u304c\u3064\u307e\u305a\u304d\u3084\u3059\u3044\u30dd\u30a4\u30f3\u30c8\u3084\u7d20\u6734\u306a\u7591\u554f\u3092\u53d6\u308a\u4e0a\u3052\u3001Q&A\u5f62\u5f0f\u3067\u898b\u3066\u3044\u304d\u307e\u3059\u3002<\/p>\n\n\n\n

\n
\u6e1b\u4fa1\u511f\u5374\u8cbb\u304c\u30d7\u30e9\u30b9\u306b\u306a\u308b\u306e\u306f\u306a\u305c\uff1f<\/dt>
\n

\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8(\u9593\u63a5\u6cd5)\u3067\u306f\u3001\u300c\u6e1b\u4fa1\u511f\u5374\u8cbb\u300d\u304c\u30d7\u30e9\u30b9\u3067\u8a08\u4e0a<\/strong>\u3055\u308c\u307e\u3059\u3002\u306a\u305c\u306a\u3089\u3001\u6e1b\u4fa1\u511f\u5374\u8cbb\u306f\u73fe\u91d1\u306e\u652f\u51fa\u3092\u4f34\u308f\u306a\u3044\u8cbb\u7528<\/strong>\u3060\u304b\u3089\u3067\u3059\u3002<\/p>\n\n\n\n

\u6e1b\u4fa1\u511f\u5374\u8cbb\u306f\u3001\u904e\u53bb\u306b\u8cfc\u5165\u3057\u305f\u8a2d\u5099\u306a\u3069\u306e\u8cc7\u7523\u4fa1\u5024\u306e\u6e1b\u5c11\u5206\u3092\u3001\u4f1a\u8a08\u30eb\u30fc\u30eb\u306b\u5f93\u3063\u3066\u8907\u6570\u5e74\u306b\u6e21\u3063\u3066\u8cbb\u7528\u3068\u3057\u3066\u8a08\u4e0a\u3059\u308b\u3082\u306e\u3067\u3059\u3002<\/p>\n\n\n\n

\u640d\u76ca\u8a08\u7b97\u66f8\u3067\u306f\u8cbb\u7528\u3068\u3057\u3066\u5229\u76ca\u304b\u3089\u5dee\u3057\u5f15\u304b\u308c\u307e\u3059\u304c\u3001\u305d\u306e\u5e74\u306b\u5b9f\u969b\u306b\u73fe\u91d1\u304c\u51fa\u3066\u3044\u304f\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n

\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u306f\u73fe\u91d1\u306e\u5b9f\u969b\u306e\u52d5\u304d\u3092\u8868\u3059\u305f\u3081\u3001\u5229\u76ca\u3092\u8a08\u7b97\u3059\u308b\u969b\u306b\u5f15\u304b\u308c\u3066\u3057\u307e\u3063\u305f\u300c\u73fe\u91d1\u652f\u51fa\u306e\u306a\u3044\u8cbb\u7528\u300d\u3067\u3042\u308b\u6e1b\u4fa1\u511f\u5374\u8cbb\u3092\u8db3\u3057\u623b\u3059\u3053\u3068\u3067\u3001\u3088\u308a\u6b63\u78ba\u306a\u73fe\u91d1\u306e\u5897\u6e1b\u3092\u8a08\u7b97\u3057\u3066\u3044\u308b\u306e\u3067\u3059\u3002<\/p>\n<\/dd><\/div>\n\n\n\n

\u6295\u8cc7\u521d\u5fc3\u8005\u306f\u7279\u306b\u3069\u3053\u3092\u898b\u308c\u3070\u3044\u3044\uff1f<\/dt>
\n

\u6295\u8cc7\u521d\u5fc3\u8005\u304c\u307e\u305a\u6ce8\u76ee\u3059\u3079\u304d\u306f\u3001\u300c\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u300d\u304c\u5b89\u5b9a\u3057\u3066\u30d7\u30e9\u30b9\u306b\u306a\u3063\u3066\u3044\u308b\u304b\u3069\u3046\u304b<\/strong>\u3067\u3059\u3002<\/p>\n\n\n\n

\u306a\u305c\u306a\u3089\u3001\u4f01\u696d\u304c\u672c\u696d\u3067\u3057\u3063\u304b\u308a\u3068\u73fe\u91d1\u3092\u7a3c\u3052\u3066\u3044\u308b\u304b\u304c\u3001\u4f01\u696d\u306e\u5065\u5168\u6027\u3068\u6210\u9577\u306e\u6e90\u6cc9\u3092\u5224\u65ad\u3059\u308b\u4e0a\u3067\u6700\u3082\u57fa\u672c\u7684\u306a\u30dd\u30a4\u30f3\u30c8\u3060\u304b\u3089\u3067\u3059\u3002<\/p>\n\n\n\n

\u6b21\u306b\u3001\u300c\u6295\u8cc7\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u300d\u304c\u30de\u30a4\u30ca\u30b9\u306b\u306a\u3063\u3066\u3044\u308b\u304b<\/strong>\u3092\u78ba\u8a8d\u3057\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n

\u6210\u9577\u610f\u6b32\u306e\u3042\u308b\u4f01\u696d\u306f\u3001\u7a3c\u3044\u3060\u304a\u91d1\u3092\u5c06\u6765\u306e\u305f\u3081\u306b\u518d\u6295\u8cc7\u3059\u308b\u305f\u3081\u3001\u3053\u3053\u304c\u30de\u30a4\u30ca\u30b9\u306b\u306a\u308b\u306e\u304c\u4e00\u822c\u7684\u3067\u3059\u3002<\/p>\n\n\n\n

\u3053\u306e2\u3064\u306e\u30dd\u30a4\u30f3\u30c8\u3001\u300c\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u304c\u30d7\u30e9\u30b9\u300d\u3067\u300c\u6295\u8cc7\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u304c\u30de\u30a4\u30ca\u30b9\u300d\u3068\u3044\u3046\u7d44\u307f\u5408\u308f\u305b\u304c\u3001\u5065\u5168\u306a\u6210\u9577\u4f01\u696d\u306e\u57fa\u672c\u7684\u306a\u5f62\u3060\u3068\u899a\u3048\u3066\u304a\u304f\u3068\u826f\u3044\u3067\u3057\u3087\u3046\u3002<\/p>\n\n\n\n

\u3053\u308c\u306b\u8a72\u5f53\u3057\u306a\u3044\u4f01\u696d\u306e\u5834\u5408\u3001\u7406\u7531\u3092\u8003\u3048\u3066\u6539\u5584\u306e\u4f59\u5730\u304c\u3042\u308b\u304b\u3092\u691c\u8a0e\u3059\u308b\u306e\u304c\u826f\u3044\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n\n\n\n

\u6539\u5584\u306e\u4f59\u5730\u304c\u3042\u308b\u4f01\u696d\u3067\u3042\u308c\u3070\u3001\u5c06\u6765\u7684\u306b\u8a55\u4fa1\u304c\u9ad8\u307e\u308a\u3001\u682a\u4fa1\u3082\u5927\u304d\u304f\u898b\u76f4\u3055\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<\/dd><\/div>\n\n\n\n

\u76f4\u63a5\u6cd5\u30fb\u9593\u63a5\u6cd5\u3068\u306f\uff1f\uff5cIFRS(\u56fd\u969b\u4f1a\u8a08\u57fa\u6e96)\u3067\u306f\u76f4\u63a5\u6cd5\u3092\u63a8\u5968<\/dt>
\n

\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u958b\u793a\u3059\u308b\u969b\u306b\u306f\u3001\u300c\u76f4\u63a5\u6cd5\u300d\u3068\u300c\u9593\u63a5\u6cd5\u300d\u3068\u3044\u30462\u3064\u306e\u65b9\u6cd5<\/strong>\u3092\u4f01\u696d\u304c\u4efb\u610f\u3067\u9078\u629e\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n

\u76f4\u63a5\u6cd5\u306f\u3001\u5b9f\u969b\u306e\u73fe\u91d1\u53ce\u5165\u3068\u652f\u51fa\u3092\u9805\u76ee\u3054\u3068\u306b\u5177\u4f53\u7684\u306b\u8a18\u8f09\u3059\u308b\u65b9\u6cd5\u3067\u3059\u3002<\/p>\n\n\n\n

\u4f8b\u3048\u3070\u300c\u9867\u5ba2\u304b\u3089\u306e\u73fe\u91d1\u53ce\u5165\u300d\u3084\u300c\u4ed5\u5165\u5148\u3078\u306e\u73fe\u91d1\u652f\u51fa\u300d\u300c\u5f93\u696d\u54e1\u3078\u306e\u7d66\u4e0e\u652f\u6255\u3044\u300d\u306a\u3069\u3001\u65e5\u3005\u306e\u73fe\u91d1\u306e\u51fa\u5165\u308a\u3092\u305d\u306e\u307e\u307e\u8868\u3057\u307e\u3059\u3002\u5bb6\u8a08\u7c3f\u306e\u3088\u3046\u3067\u5206\u304b\u308a\u3084\u3059\u3044\u3068\u3044\u3046\u7279\u5fb4\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

\u4e00\u65b9\u306e\u9593\u63a5\u6cd5\u306f\u3001\u640d\u76ca\u8a08\u7b97\u66f8\u306e\u300c\u7a0e\u5f15\u524d\u5f53\u671f\u7d14\u5229\u76ca\u300d\u306b\u3001\u6e1b\u4fa1\u511f\u5374\u8cbb\u3084\u58f2\u4e0a\u50b5\u6a29\u306a\u3069\u3092\u52a0\u6e1b\u7b97\u3057\u3066\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u6c42\u3081\u308b\u65b9\u6cd5\u3067\u3059\u3002<\/p>\n\n\n\n

\u4f1a\u8a08\u4e0a\u306e\u5229\u76ca\u3092\u5143\u306b\u3001\u30ad\u30e3\u30c3\u30b7\u30e5\u3068\u306e\u9055\u3044\u3092\u8abf\u6574<\/strong>\u3057\u3001\u73fe\u91d1\u306e\u6d41\u308c\u3092\u7b97\u51fa\u3059\u308b\u306e\u3067\u3059\u3002<\/p>\n\n\n\n

\u4f5c\u6210\u304c\u6bd4\u8f03\u7684\u5bb9\u6613\u306a\u305f\u3081\u3001\u591a\u304f\u306e\u65e5\u672c\u4f01\u696d\u304c\u9593\u63a5\u6cd5\u3092\u63a1\u7528<\/strong>\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n

IFRS(\u56fd\u969b\u4f1a\u8a08\u57fa\u6e96)\u3067\u306f\u3001\u3088\u308a\u73fe\u91d1\u306e\u6d41\u308c\u3092\u660e\u78ba\u306b\u628a\u63e1\u3067\u304d\u308b\u76f4\u63a5\u6cd5\u306e\u63a1\u7528\u3092\u63a8\u5968\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n

\u3057\u304b\u3057\u3001\u4f5c\u6210\u306b\u624b\u9593\u304c\u304b\u304b\u308b\u305f\u3081\u3001IFRS\u3092\u9069\u7528\u3057\u3066\u3044\u3066\u3082\u9593\u63a5\u6cd5\u3092\u7528\u3044\u3066\u3044\u308b\u4f01\u696d\u304c\u5c11\u306a\u304f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n<\/dd><\/div>\n<\/dl>\n\n\n\n

\u307e\u3068\u3081\uff5c\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u3092\u5473\u65b9\u306b\u3064\u3051\u3066\u8ce2\u304f\u6295\u8cc7\u3057\u3088\u3046<\/h2>\n\n\n\n

\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u306f\u3001\u4f01\u696d\u306e\u300c\u304a\u91d1\u306e\u6d41\u308c\u300d\u3068\u3044\u3046\u3001\u640d\u76ca\u8a08\u7b97\u66f8\u3060\u3051\u3067\u306f\u898b\u3048\u306a\u3044\u5b9f\u614b\u3092\u660e\u3089\u304b\u306b\u3057\u3066\u304f\u308c\u308b\u91cd\u8981\u306a\u30c4\u30fc\u30eb\u3067\u3059\u3002<\/p>\n\n\n\n

\u7279\u306b\u30018\u3064\u306e\u30d1\u30bf\u30fc\u30f3\u5206\u985e\u3084\u904e\u53bb\u304b\u3089\u306e\u63a8\u79fb\u3092\u5206\u6790\u3059\u308b\u3068\u3001\u305d\u306e\u4f01\u696d\u304c\u73fe\u5728\u3069\u306e\u3088\u3046\u306a\u30b9\u30c6\u30fc\u30b8\u306b\u3042\u308a\u3001\u3069\u3046\u306a\u308d\u3046\u3068\u3057\u3066\u3044\u308b\u306e\u304b\u3092\u4e88\u6e2c\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n

\u6700\u521d\u306f\u96e3\u3057\u304f\u611f\u3058\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u304c\u3001\u30dd\u30a4\u30f3\u30c8\u3055\u3048\u62bc\u3055\u3048\u308c\u3070\u3001\u6295\u8cc7\u5224\u65ad\u306e\u7cbe\u5ea6\u3092\u683c\u6bb5\u306b\u4e0a\u3052\u308b\u5f37\u529b\u306a\u5473\u65b9\u306b\u306a\u308b\u3067\u3057\u3087\u3046\u3002<\/p>\n\n\n\n

\u305c\u3072\u672c\u8a18\u4e8b\u3092\u53c2\u8003\u306b\u3001\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u3092\u5206\u6790\u3059\u308b\u7fd2\u6163\u3092\u8eab\u306b\u3064\u3051\u3066\u3001\u9298\u67c4\u306e\u5206\u6790\u30fb\u9078\u5b9a\u306e\u7cbe\u5ea6\u3092\u4e0a\u3052\u3066\u3044\u3063\u3066\u304f\u3060\u3055\u3044\u306d\u3002<\/p>\n\n\n

\n
\n
\n

<\/p>\n

\u4eca\u306a\u3089\u6025\u9a30\u671f\u5f85\u306e\u201c\u6709\u529b3\u9298\u67c4\u201d\u3092
\u7121\u6599\u3067\u914d\u4fe1\u3044\u305f\u3057\u307e\u3059<\/p>\n

\u8cb7\u3044\u3068\u58f2\u308a\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u304b\u3089\u9298\u67c4\u9078\u3073\u307e\u3067\u5168\u3066\u5f0a\u793e\u306b\u304a\u4efb\u305b\u304f\u3060\u3055\u3044\u3002
\u6295\u8cc7\u306b\u7cbe\u901a\u3057\u305f\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u624b\u8155\u3092\u60dc\u3057\u3052\u3082\u306a\u304f\u304a\u4f1d\u3048\u3057\u307e\u3059\u3002<\/p>\n

\u5f0a\u793e\u304c\u3054\u63d0\u4f9b\u3059\u308b\u9298\u67c4\u306e\u826f\u3055\u3092\u307e\u305a\u306f\u3054\u5b9f\u611f\u304f\u3060\u3055\u3044\u3002<\/p>\n

\u25bc\u30d7\u30ed\u304c\u9078\u3093\u30603\u9298\u67c4\u3092\u7121\u6599\u3067\u3054\u63d0\u6848\u25bc<\/p>\n <\/div>\n\n

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