{"id":28474,"date":"2013-11-07T10:07:11","date_gmt":"2013-11-07T01:07:11","guid":{"rendered":"https:\/\/profession-net.com\/professionjournal\/?p=28474"},"modified":"2014-02-06T19:32:52","modified_gmt":"2014-02-06T10:32:52","slug":"management-109","status":"publish","type":"post","link":"https:\/\/profession-net.com\/professionjournal\/management-109\/","title":{"rendered":"\u4f1a\u793e\u3092\u6210\u9577\u3055\u305b\u308b\u300c\u4f1a\u8a08\u529b\u300d\u3000\u3010\u7b2c\uff13\u56de\u3011\u300c\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u3068\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u30fb\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u300d"},"content":{"rendered":"<div class=\"the-content text mb-0\"><h4 style=\"text-align: center;\"><strong>\u4f1a\u793e\u3092\u6210\u9577\u3055\u305b\u308b\u300c\u4f1a\u8a08\u529b\u300d<\/strong><\/h4>\n<h4 style=\"text-align: center;\"><strong>\u3010\u7b2c\uff13\u56de\u3011<\/strong><\/h4>\n<h4 style=\"text-align: center;\">\u300c\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u3068\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u30fb\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u300d<\/h4>\n<h5 style=\"text-align: center;\"><span style=\"font-size: 13px;\">\u00a0<\/span><\/h5>\n<p style=\"text-align: right;\"><strong>\u5cf6\u5d0e\u3000\u61b2\u660e<\/strong><\/p>\n<p>&nbsp;<\/p>\n<h4><strong>\u300a\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u6307\u6a19\u306e\u5c0e\u5165\u3068\u8cc7\u672c\u30b3\u30b9\u30c8\u3092\u5927\u304d\u304f\u4e0b\u56de\u308b\u5b9f\u7e3e\u300b<\/strong><\/h4>\n<p>\u4f4f\u53cb\u5546\u4e8b\u306e2000\u5e74\uff13\u6708\u671f\u30a2\u30cb\u30e5\u30a2\u30eb\u30ec\u30dd\u30fc\u30c8\u793e\u9577\u30e1\u30c3\u30bb\u30fc\u30b8\u306b\u3088\u308b\u3068\u3001\u540c\u793e\u3067\u306f\u30b3\u30a2\uff08\u4e2d\u6838\uff09\u30d3\u30b8\u30cd\u30b9\u62e1\u5145\u306b\u3088\u308b\u53ce\u76ca\u62e1\u5927\u3092\u91cd\u8981\u7d4c\u55b6\u8ab2\u984c\u306b\u63b2\u3052\u3001\u30b3\u30a2\u30d3\u30b8\u30cd\u30b9\u3078\u306e\u9078\u629e\u3068\u96c6\u4e2d\u3092\u6b21\u306e\u3088\u3046\u306a\u624b\u6cd5\u3067\u4fc3\u9032\u3057\u3066\u304d\u305f\u3068\u8aac\u660e\u3057\u3066\u3044\u308b\u3002<\/p>\n<div class=\"box_info box clear\" style=\"font-size:14px; line-height:24px;background-color:#FFFFFF;color:#000000;border-color:#191970;\">\n\t\t<p>1998\u5e74\u5ea6\u306b\u306f\u3001\u5404\u55b6\u696d\u672c\u90e8\u3054\u3068\u306b\u5b9a\u6027\u30fb\u5b9a\u91cf\u4e21\u9762\u304b\u3089\u4f55\u304c\u30b3\u30a2\u3067\u3042\u308b\u304b\u306e\u9078\u5225\u3092\u884c\u3044\u307e\u3057\u305f\u304c\u3001\u5b9a\u91cf\u9762\u304b\u3089\u306e\u8a55\u4fa1\u3092\u30b5\u30dd\u30fc\u30c8\u3059\u308b\u305f\u3081\u306b\u3001\u3042\u308b\u4e8b\u696d\u304c\u62b1\u3048\u308b\u30ea\u30b9\u30af\u306b\u5bfe\u3057\u3066\u3069\u308c\u3060\u3051\u306e\u53ce\u76ca\u304c\u3042\u308b\u304b\u3092\u898b\u308b\u300e\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u300f\u3092\u6838\u3068\u3059\u308b\u72ec\u81ea\u306e\u7d4c\u55b6\u6307\u6a19\uff08\u6226\u7565\uff13\u6307\u6a19\uff09\u3092\u5168\u793e\u5171\u901a\u306e\u30e2\u30ce\u30b5\u30b7\u3068\u3057\u3066\u5c0e\u5165\u3057\u307e\u3057\u305f\u3002\u305d\u3057\u3066\u5f53\u793e\u306e\u8cc7\u672c\u30b3\u30b9\u30c8\u3092\u57fa\u6e96\u306b\u3001\u591a\u5c90\u306b\u4e98\u308b\u30d3\u30b8\u30cd\u30b9\u306e\u53ce\u76ca\u6027\u3092\u5206\u6790\u3057\u307e\u3057\u305f\u3002<span style=\"font-size: 12px;\">\uff08\u30a2\u30cb\u30e5\u30a2\u30eb\u30ec\u30dd\u30fc\u30c8\u3088\u308a\u629c\u7c8b\uff09<\/span><\/p>\n<\/div>\n<p>\u3055\u3089\u306b\u30012000\u5e74\u5ea6\u306b\u306f\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u3092\u7a0e\u5f15\u524d\u5229\u76ca\u30d9\u30fc\u30b9\u3067\uff18\uff05\u4ee5\u4e0a\u306b\u3059\u308b\u3068\u3044\u3046\u76ee\u6a19\u3092\u9054\u6210\u3057\u305f\u3044\u3068\u3057\u3066\u3044\u308b\u3002\u7a0e\u5f15\u5f8c\u30ea\u30bf\u30fc\u30f3\u306b\u3059\u308b\u3068\uff14\uff05\u5f37\u3067\u3042\u308b\u304b\u3089\u8cc7\u672c\u30b3\u30b9\u30c87.5\uff05\u3088\u308a\u304b\u306a\u308a\u4f4e\u3044\u30ea\u30bf\u30fc\u30f3\u306e\u9054\u6210\u3092\u76ee\u6a19\u306b\u63b2\u3052\u3066\u3044\u305f\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n<p>\u76f4\u8fd1\u306e\u540c\u793e\u306e\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u306f15\uff05\u3001ROE\u306f12\uff05\u3067\u3001\u8cc7\u672c\u30b3\u30b9\u30c8\u306e\uff12\u500d\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3067\u3042\u308b\u3002<\/p>\n<p>\u3053\u306e10\u5e74\u9593\u306b\u304a\u3051\u308b\u6539\u5584\u304c\u8457\u3057\u3044\u3053\u3068\u304c\u5206\u304b\u308b\u3002<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>\u300a\u5168\u4f53\u6700\u9069\u306a\u5168\u793e\u5171\u901a\u306e\u30e2\u30ce\u30b5\u30b7\u300b<\/strong><\/h4>\n<p>\u904e\u53bb\u3092\u632f\u308a\u8fd4\u308b\u3068\u3001\u91d1\u878d\u903c\u8feb\u6642\u306b\u306f\u300c\u30ad\u30e3\u30c3\u30b7\u30e5\u30fb\u30a4\u30ba\u30fb\u30ad\u30f3\u30b0\u300d\u3068\u8a00\u308f\u308c\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u30fb\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u306e\u5fc5\u8981\u6027\u304c\u5f37\u8abf\u3055\u308c\u305f\u3053\u3068\u3082\u3042\u3063\u305f\u304c\u3001\u30d3\u30b8\u30cd\u30b9\u306e\u73fe\u5834\u3067\u306f\u640d\u76ca\u5b9f\u7e3e\u504f\u91cd\u306e\u6642\u671f\u304c\u7d9a\u304d\u3001\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u3092\u91cd\u8996\u3059\u308b\u7d4c\u55b6\u306f\u6839\u4ed8\u304b\u306a\u304b\u3063\u305f\u3002<!--more--><\/p>\n<p>2000\u5e74\u4ee3\u306b\u5165\u3063\u3066\u3001\u7dcf\u5408\u5546\u793e\u5404\u793e\u306f\u682a\u4e3b\u8cc7\u672c\u52b9\u7387\u3068\u8cc7\u672c\u30b3\u30b9\u30c8\u3092\u610f\u8b58\u3057\u3001\u30ea\u30b9\u30af\u306e\u5b9a\u91cf\u5316\u306a\u3069\u30ea\u30b9\u30af\u7ba1\u7406\u306e\u9ad8\u5ea6\u5316\u3092\u9032\u3081\u305f\u3002\u305d\u3057\u3066\u3001\u5f93\u6765\u578b\u306eP\/L\u504f\u91cd\u304b\u3089B\/S\u3084\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\uff08C\/F\uff09\u3092\u3082\u91cd\u8996\u3059\u308b\u7d4c\u55b6\u306b\u5927\u304d\u304f\u8235\u3092\u5207\u3063\u305f\u3002<\/p>\n<p>\u7d4c\u55b6\u8cc7\u6e90\u306f\u6709\u9650\u3067\u3042\u308a\u3001\u8cc7\u91d1\u306e\u52b9\u7387\u7684\u6d3b\u7528\u3092\u7d4c\u55b6\u306e\u91cd\u8981\u65bd\u7b56\u3068\u3057\u3066\u63b2\u3052\u3001\u305d\u306e\u5b9f\u52b9\u3092\u4e0a\u3052\u308b\u5177\u4f53\u7684\u306a\u5bfe\u7b56\u3092\u3068\u3063\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>\u6b21\u306e\u8868\u306f\u5404\u793e\u306eROA\uff08Return On Asset\uff09\u3001DER\uff08Debt Equity Ratio\uff09\u30922001\u5e74\uff13\u6708\u671f\u30682013\u5e74\uff13\u6708\u671f\u3067\u6bd4\u8f03\u3057\u305f\u3082\u306e\u3067\u3042\u308b\u3002<\/p>\n<p><a href=\"https:\/\/profession-net.com\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-1.png\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-28477\" src=\"https:\/\/profession-net.com\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-1.png\" alt=\"\" width=\"450\" height=\"240\" srcset=\"https:\/\/profession-net.com\/professionjournal\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-1.png 1160w, https:\/\/profession-net.com\/professionjournal\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-1-300x159.png 300w, https:\/\/profession-net.com\/professionjournal\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-1-1024x545.png 1024w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><\/a><\/p>\n<p>\u4f1a\u793e\u306e\u4f53\u529b\u4ee5\u4e0a\u306b\u81a8\u308c\u4e0a\u304c\u3063\u305f\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u3001\u3059\u306a\u308f\u3061\u8cc7\u7523\u3068\u8ca0\u50b5\u3092\u9069\u5207\u306a\u30ec\u30d9\u30eb\u307e\u3067\u5727\u7e2e\u3059\u308b\u306b\u306f\u3001\u3059\u3079\u3066\u306e\u30d3\u30b8\u30cd\u30b9\u3092\u540c\u3058\u30e2\u30ce\u30b5\u30b7\u3067\u6e2c\u3063\u3066\u512a\u52a3\u3092\u5b9a\u91cf\u7684\u306b\u660e\u78ba\u5316\u3059\u308b\u3053\u3068\u304c\u5fc5\u8981\u3067\u3042\u3063\u305f\u3002<\/p>\n<p>\u5f93\u6765\u306f\u500b\u3005\u306e\u30d3\u30b8\u30cd\u30b9\u306b\u6700\u9069\u3068\u601d\u308f\u308c\u308b\u8a55\u4fa1\u5c3a\u5ea6\u3092\u4f7f\u3063\u3066\u3044\u305f\u304c\u3001\u3053\u306e\u3084\u308a\u65b9\u3067\u306f\u500b\u5225\u30d3\u30b8\u30cd\u30b9\u306e\u7279\u7570\u6027\u3084\u7279\u6b8a\u6027\u304c\u5f37\u8abf\u3055\u308c\u308b\u306e\u3067\u3001\u7570\u306a\u308b\u5206\u91ce\u306e\u30d3\u30b8\u30cd\u30b9\u3092\u6a2a\u4e26\u3073\u3067\u6bd4\u8f03\u3057\u3066\u305d\u306e\u5b58\u7d9a\u306e\u662f\u975e\u3092\u8b70\u8ad6\u3059\u308b\u3053\u3068\u304c\u96e3\u3057\u304b\u3063\u305f\u3002<\/p>\n<p>\u3059\u3079\u3066\u306e\u30d3\u30b8\u30cd\u30b9\u306b\u5bfe\u3057\u3066100\u70b9\u6e80\u70b9\u306e\u8a55\u4fa1\u65b9\u6cd5\u3067\u306f\u306a\u3044\u304c\u3001\u591a\u5c90\u306b\u308f\u305f\u308b\u30d3\u30b8\u30cd\u30b9\u306e\u5168\u4f53\u6700\u9069\u306a\u30e2\u30ce\u30b5\u30b7\u306f\u3001\u4e8b\u696d\u306e\u96c6\u4e2d\u3068\u9078\u629e\u3092\u9032\u3081\u3001\u4f4e\u63a1\u7b97\u4e8b\u696d\u304b\u3089\u306e\u64a4\u9000\u3092\u7d0d\u5f97\u305a\u304f\u3067\u6c7a\u5b9a\u3059\u308b\u30c4\u30fc\u30eb\u3068\u3057\u3066\u6975\u3081\u3066\u6709\u52b9\u3067\u3042\u3063\u305f\u3002<\/p>\n<p>\u4e8b\u696d\u306e\u96c6\u4e2d\u3068\u9078\u629e\u3001\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u30fb\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u306e\u6d78\u900f\u306b\u3064\u3044\u3066\u306f\u5404\u5546\u793e\u3068\u3082\u4f3c\u305f\u3088\u3046\u306a\u30d7\u30ed\u30bb\u30b9\u3092\u3068\u3063\u3066\u3044\u308b\u304c\u3001\u4ee5\u4e0b\u3067\u306f\u4f4f\u53cb\u5546\u4e8b\u3067\u306e\u30b1\u30fc\u30b9\u3092\u53c2\u8003\u306b\u3057\u306a\u304c\u3089\u8a71\u3092\u9032\u3081\u305f\u3044\u3002<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>\u300a\u4e8b\u696d\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306e\u300c\u898b\u3048\u308b\u5316\u300d\u300b<\/strong><\/h4>\n<p>\u4f4f\u53cb\u5546\u4e8b\u306f\u3001\u3059\u3079\u3066\u306e\u90e8\u3001\u4e8b\u696d\u5b50\u4f1a\u793e\u3092\u300c\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u300d\u300c\u6210\u9577\u6027\u300d\u300c\u53ce\u76ca\u306e\u898f\u6a21\u300d\u306e\uff13\u6307\u6a19\u3067\u6b21\u306e\u3088\u3046\u306b\u5206\u985e\u3057\u3001\u300c\u898b\u3048\u308b\u5316\u300d\u3057\u3066\u3001\u96c6\u4e2d\u3068\u9078\u629e\u306e\u8b70\u8ad6\u3092\u884c\u3063\u305f\u3002<\/p>\n<div class=\"box_info box clear\" style=\"font-size:14px; line-height:24px;-moz-border-radius: 5px; border-radius: 5px;background-color:#FFFFFF;color:#000000;border-color:#800000;\">\n\t\t<p style=\"margin-left: 10px; text-indent: -15px; margin-bottom: 3px;\">\u2460\u3000\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u304c\u9ad8\u304f\u6210\u9577\u6027\u3082\u9ad8\u3044\u3002<\/p>\n<p style=\"margin-left: 10px; text-indent: -15px; margin-bottom: 3px;\">\u2461\u3000\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u306f\u9ad8\u3044\u304c\u6210\u9577\u6027\u306f\u4f4e\u3044\u3002<\/p>\n<p style=\"margin-left: 10px; text-indent: -15px; margin-bottom: 3px;\">\u2462\u3000\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u306f\u4f4e\u3044\u304c\u6210\u9577\u6027\u306f\u9ad8\u3044\u3002<\/p>\n<p style=\"margin-left: 10px; text-indent: -15px; margin-bottom: 3px;\">\u2463\u3000\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u3082\u6210\u9577\u6027\u3082\u4f4e\u3044\u3002<\/p>\n<\/div>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-28478 aligncenter\" src=\"https:\/\/profession-net.com\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-2.png\" alt=\"\" width=\"400\" height=\"400\" srcset=\"https:\/\/profession-net.com\/professionjournal\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-2.png 1110w, https:\/\/profession-net.com\/professionjournal\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-2-150x150.png 150w, https:\/\/profession-net.com\/professionjournal\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-2-300x300.png 300w, https:\/\/profession-net.com\/professionjournal\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-2-1024x1024.png 1024w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/p>\n<p>\u3053\u308c\u3089\u306e\u8981\u7d20\u306b\u53ce\u76ca\u306e\u898f\u6a21\u3092\u8003\u616e\u3057\u3066<\/p>\n<div class=\"box_info box clear\" style=\"font-size:14px; line-height:24px;-moz-border-radius: 0px; border-radius: 0px;background-color:#FFFFFF;color:#000000;border-color:#333399;\">\n\t\t<p style=\"margin-left: 10px; text-indent: -15px; margin-bottom: 3px;\"><span style=\"color: #333399;\">\u25cf<\/span>\u7d4c\u55b6\u8cc7\u6e90\u306e\u6295\u5165\u3092\u3055\u3089\u306b\u7a4d\u6975\u7684\u306b\u884c\u3046\u3082\u306e<\/p>\n<p style=\"margin-left: 10px; text-indent: -15px; margin-bottom: 3px;\"><span style=\"color: #333399;\">\u25cf<\/span>\u4e8b\u696d\u306e\u64a4\u9000\u3084\u58f2\u5374\u306b\u3088\u308a\u7d4c\u55b6\u8cc7\u6e90\u306e\u56de\u53ce\u3092\u9032\u3081\u308b\u3082\u306e<\/p>\n<\/div>\n<p>\u306a\u3069\u3092\u660e\u78ba\u5316\u3057\u305f\u3002<\/p>\n<p>\u30d3\u30b8\u30cd\u30b9\u306e\u73fe\u5834\u3067\u306f\u65b0\u898f\u6848\u4ef6\u3078\u306e\u53d6\u308a\u7d44\u307f\u306f\u7a4d\u6975\u7684\u3067\u3042\u308b\u304c\u3001\u81ea\u3089\u624b\u639b\u3051\u305f\u4e8b\u696d\u306e\u7e2e\u5c0f\u3084\u64a4\u9000\u306f\u306a\u304b\u306a\u304b\u3067\u304d\u306a\u3044\u3068\u3088\u304f\u8a00\u308f\u308c\u308b\u3002\u5b50\u4f9b\u306e\u30aa\u30e2\u30c1\u30e3\u7bb1\u306e\u3088\u3046\u306b\u3001\u96d1\u591a\u306a\u3082\u306e\u3001\u58ca\u308c\u305f\u3082\u306e\u307e\u3067\u304c\u6574\u7406\u3055\u308c\u305a\u306b\u8a70\u3081\u8fbc\u307e\u308c\u3066\u3044\u308b\u3088\u3046\u306a\u30a4\u30e1\u30fc\u30b8\u3067\u3042\u308b\u3002<\/p>\n<p>\u65e2\u306b\u4fdd\u6709\u3057\u3066\u3044\u308b\u3082\u306e\u304c\u6574\u7406\u3055\u308c\u305a\u306b\u6b8b\u308a\u3001\u65b0\u3057\u3044\u3082\u306e\u304c\u8cb7\u3044\u8db3\u3055\u308c\u308b\u3068\u3044\u3046\u72b6\u6cc1\u3067\u3042\u3063\u305f\u3088\u3046\u306b\u601d\u3046\u3002<\/p>\n<p>\u3053\u308c\u3089\u3059\u3079\u3066\u3092\u4fce\u4e0a\u306b\u4e57\u305b\u3066\u5206\u6790\u30fb\u691c\u8a0e\u3059\u308b\u3053\u3068\u3067\u3001\u8cc7\u7523\u30fb\u8ca0\u50b5\u306e\u5727\u7e2e\u304c\u4e00\u6c17\u306b\u9032\u3093\u3060\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>\u300a\u30ea\u30b9\u30af\u306e\u5b9a\u91cf\u5316\u3068\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u3092\u610f\u8b58\u3057\u305f\u7d4c\u55b6\u300b<\/strong><\/h4>\n<p>\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u3092\u8a08\u7b97\u3059\u308b\u306b\u306f\u30ea\u30b9\u30af\u30a2\u30bb\u30c3\u30c8<span style=\"font-size: 12px; color: #b22222;\">\uff08\u203b\uff09<\/span>\u306e\u7b97\u51fa\u304c\u5fc5\u8981\u306b\u306a\u308b\u304c\u3001\u539f\u5247\u3068\u3057\u3066\u3001\u8cc7\u7523\u4fa1\u5024\u5909\u52d5\u30a2\u30d7\u30ed\u30fc\u30c1\u306b\u57fa\u3065\u304d\u6b21\u306b\u3088\u308a\u7b97\u51fa\u3059\u308b\u3002<\/p>\n<p style=\"text-align: left;\"><div class=\"box_ box clear\" style=\"font-size:15px; line-height:25px;-moz-border-radius: 5px; border-radius: 5px;background-color:#FFFFFF;color:#000000;border-color:#FFA500;\">\n\t\t<p style=\"text-align: center;\"><strong>\u30ea\u30b9\u30af\u30a2\u30bb\u30c3\u30c8\u88dc\u8db3\u5143\u672c \u00d7 \u30ea\u30b9\u30af\u30a6\u30a8\u30a4\u30c8<\/strong><span style=\"text-align: left;\"><\/p>\n<\/div><\/span><\/p>\n<p style=\"margin-left: 10px; text-indent: -15px; margin-bottom: 3px; padding-left: 15px;\"><span style=\"font-size: 12px;\"><span style=\"color: #b22222;\">\uff08\u203b\uff09<\/span>\u3000\u4e00\u5b9a\u671f\u9593\u5185\u306b\u4e00\u5b9a\u306e\u78ba\u7387\u306e\u4e0b\u3067\u8cc7\u7523\u306e\u4fa1\u5024\u304c\u6bc0\u640d\u3059\u308b\u3053\u3068\u306b\u3088\u3063\u3066\u751f\u3058\u308b\u6700\u5927\u640d\u5931\u53ef\u80fd\u6027\u984d\u300299\uff05\u306e\u78ba\u7387\u3067\u3001\u5411\u3053\u3046\uff11\u5e74\u9593\u306e\u8cc7\u7523\u4fa1\u5024\u306e\u4e0b\u843d\u304c\u305d\u306e\u7bc4\u56f2\u5185\u306b\u53ce\u307e\u308b\u91d1\u984d\u3002\u898b\u65b9\u3092\u5909\u3048\u308b\u3068\u3001100\u5e74\u306e\u3046\u306199\u5e74\u306f\u3001\u640d\u5931\u306f\u300c\u30ea\u30b9\u30af\u30a2\u30bb\u30c3\u30c8\u300d\u306e\u7bc4\u56f2\u306b\u53ce\u307e\u308b\u304c\u3001100\u5e74\u306e\u3046\u3061\uff11\u5e74\u306f\u3001\u305d\u308c\u3092\u8d85\u3048\u3066\u640d\u5931\u304c\u767a\u751f\u3059\u308b\u3068\u3082\u8a00\u3048\u308b\u3002<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>\u3053\u3053\u3067\u91cd\u8981\u306a\u3053\u3068\u306f\u3001\u30ea\u30b9\u30af\u30a2\u30bb\u30c3\u30c8\u306e\u88dc\u8db3\u5143\u672c\u306f\u539f\u5247\u3068\u3057\u3066\u5404\u8cc7\u7523\u306e\u7c3f\u4fa1\u3092\u5bfe\u8c61\u3068\u3057\u3066\u3044\u308b\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n<p>\u7d4c\u55b6\u5c64\u304b\u3089\u73fe\u5834\u306e\u7b2c\u4e00\u7dda\u307e\u3067\u3001\u305d\u308c\u305e\u308c\u306e\u30ec\u30d9\u30eb\u306b\u5fdc\u3058\u3066\u3001\u30ea\u30b9\u30af\u30a2\u30bb\u30c3\u30c8\u3092\u7b97\u51fa\u3059\u308b\u30d7\u30ed\u30bb\u30b9\u3001\u3059\u306a\u308f\u3061\u3001\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u4e0a\u306e\u5404\u8cc7\u7523\u306b\u30ea\u30b9\u30af\u30a6\u30a8\u30a4\u30c8\u3092\u4e57\u3058\u3066\u30ea\u30b9\u30af\u30a2\u30bb\u30c3\u30c8\u3092\u7b97\u51fa\u3059\u308b\u4ed5\u7d44\u307f\u3092\u7406\u89e3\u3059\u308b\u3053\u3068\u304c\u5fc5\u8981\u3068\u306a\u3063\u305f\u3002<\/p>\n<p>\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u3092\u9ad8\u3081\u308b\u306b\u306f\u3001\uff12\u3064\u306e\u65b9\u6cd5\u304c\u3042\u308b\u3002<\/p>\n<p>\uff11\u3064\u76ee\u306f\u3001\u5206\u5b50\u3067\u3042\u308b\u5229\u76ca\u3092\u5897\u3084\u3059\u3053\u3068\u3002<\/p>\n<p>\uff12\u3064\u76ee\u306f\u3001\u5206\u6bcd\u3067\u3042\u308b\u30ea\u30b9\u30af\u30a2\u30bb\u30c3\u30c8\u3092\u6e1b\u3089\u3059\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n<p>\u53ce\u76ca\u9762\u3067\u306e\u6539\u5584\u304c\u96e3\u3057\u3051\u308c\u3070\u3001\u30a2\u30bb\u30c3\u30c8\u3092\u524a\u6e1b\u3059\u308b\u3068\u3044\u3046\u3001\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u3092\u610f\u8b58\u3057\u305f\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u304c\u5fc5\u8981\u3068\u306a\u308b\u3002B\/S\u304cP\/L\u3068\u540c\u69d8\u306b\u91cd\u8981\u306a\u7d4c\u55b6\u60c5\u5831\u3068\u3057\u3066\u3001\u7d4c\u7406\u30fb\u8ca1\u52d9\u30fb\u30ea\u30b9\u30af\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u306e\u90e8\u7f72\u306e\u307f\u306a\u3089\u305a\u3001\u55b6\u696d\u306e\u73fe\u5834\u306b\u304a\u3044\u3066\u3082\u95a2\u5fc3\u304c\u3082\u305f\u308c\u6ce8\u76ee\u3055\u308c\u308b\u3088\u3046\u306b\u306a\u3063\u305f\u3002<\/p>\n<p>\u3053\u308c\u304c\u3001\u8cc7\u7523\u898f\u6a21\u306e\u9069\u6b63\u6027\u3084\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u610f\u8b58\u3057\u305f\u7d4c\u55b6\u3078\u3068\u8235\u3092\u5207\u308b\u5951\u6a5f\u3068\u306a\u3063\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>\u300a\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u3068\u76ee\u6a19\u306e\u9023\u9396\u300b<\/strong><\/h4>\n<p>\u76ee\u6a19\u306e\u9023\u9396\u3068\u306f\u3001\u7d4c\u55b6\u8a08\u753b\u3084\u4e88\u7b97\u76ee\u6a19\u304c\u5168\u793e\u76ee\u6a19\u304b\u3089\u90e8\u9580\u2015\u672c\u90e8\u2015\u90e8\u2015\u30c1\u30fc\u30e0\u30fc\u500b\u3005\u4eba\u306e\u76ee\u6a19\u3078\u3068\u843d\u3068\u3057\u8fbc\u307e\u308c\u3066\u3044\u304d\u3001\u305d\u308c\u305e\u308c\u304c\u9023\u52d5\u3057\u3066\u76ee\u6a19\u3092\u9054\u6210\u3059\u308b\u3053\u3068\u3092\u76ee\u6307\u3059\u3053\u3068\u3002\u3059\u306a\u308f\u3061\u3001\u7d4c\u55b6\u30c8\u30c3\u30d7\u304b\u3089\u500b\u3005\u4eba\u307e\u3067\u76ee\u6a19\u304c\u9023\u306a\u3063\u305f\u72b6\u614b\u3092\u3044\u3046\u3002<\/p>\n<p>\u305d\u308c\u305e\u308c\u306e\u4e3b\u4f53\u304c\u76ee\u6a19\u3092\u9054\u6210\u3059\u308b\u3053\u3068\u304c\u5168\u4f53\u306e\u76ee\u6a19\u9054\u6210\u306b\u7e4b\u304c\u308b\u3068\u3044\u3046\u4f53\u7cfb\u69cb\u7bc9\u304c\u3001\u76ee\u6a19\u306e\u9023\u9396\u306e\u4ed5\u7d44\u307f\u4f5c\u308a\u3067\u3042\u308a\u3001\u72d9\u3044\u3067\u3082\u3042\u308b\u3002<\/p>\n<p><a href=\"https:\/\/profession-net.com\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-3.png\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-28479\" src=\"https:\/\/profession-net.com\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-3.png\" alt=\"\" width=\"650\" height=\"624\" srcset=\"https:\/\/profession-net.com\/professionjournal\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-3.png 1033w, https:\/\/profession-net.com\/professionjournal\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-3-300x288.png 300w, https:\/\/profession-net.com\/professionjournal\/wp-content\/uploads\/sites\/2\/2013\/10\/kaikei-ryoku3-3-1024x983.png 1024w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/a><\/p>\n<p>\u76ee\u6a19\u306e\u9023\u9396\u306b\u3088\u3063\u3066\u3001\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u3068\u3044\u3046\u7d4c\u55b6\u6307\u6a19\u306f\u5168\u793e\u304b\u3089\u500b\u4eba\u30ec\u30d9\u30eb\u307e\u3067\u540c\u3058\u30b3\u30f3\u30bb\u30d7\u30c8\u3067\u76ee\u6a19\u3092\u8a2d\u5b9a\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u308b\u306e\u3067\u3001ROE\u3088\u308a\u5b9f\u8df5\u7684\u3067\u3042\u308b\u3002ROE\u306f\u4f1a\u793e\u5168\u4f53\u3068\u3057\u3066\u8a08\u6e2c\u306f\u3067\u304d\u3066\u3082\u3001\u500b\u3005\u306e\u30d3\u30b8\u30cd\u30b9\u5358\u4f4d\u3067\u306e\u8a08\u7b97\u306f\u4e0d\u53ef\u80fd\u3060\u3002<\/p>\n<p>\u3064\u307e\u308a10\uff05\u306eROE\u9054\u6210\u3092\u4f1a\u793e\u306e\u76ee\u6a19\u3068\u63b2\u3052\u308b\u3053\u3068\u306f\u3067\u304d\u3066\u3082\u3001\u500b\u3005\u4eba\u306b\u305d\u308c\u3092\u843d\u3068\u3057\u8fbc\u3080\u3053\u3068\u306f\u96e3\u3057\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>IR\u306e\u30df\u30fc\u30c6\u30a3\u30f3\u30b0\u306b\u304a\u3044\u3066\u3001\u7279\u306b\u6d77\u5916\u306e\u6295\u8cc7\u5bb6\u304b\u3089\u3001\u300c\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u3088\u308a\u3082ROE\u306e\u65b9\u304c\u5206\u304b\u308a\u3084\u3059\u3044\u300d\u3068\u3044\u3046\u610f\u898b\u3092\u3082\u3089\u3063\u305f\u3053\u3068\u304c\u3042\u308b\u3002<\/p>\n<p>\u78ba\u304b\u306b\u3001\u6295\u8cc7\u5bb6\u76ee\u7dda\u3067\u306f\u6295\u8cc7\u5bfe\u8c61\u4f1a\u793e\u3092\u6a2a\u4e26\u3073\u3067\u6bd4\u8f03\u691c\u8a0e\u3059\u308b\u306b\u306fROE\u306e\u65b9\u304c\u5ba2\u89b3\u7684\u3067\u3042\u308a\u6709\u7528\u3067\u3042\u308b\u3053\u3068\u306f\u7406\u89e3\u3067\u304d\u308b\u3002\u3057\u304b\u3057\u306a\u304c\u3089\u3001\u30d3\u30b8\u30cd\u30b9\u306e\u6700\u524d\u7dda\u3067\u4ed5\u4e8b\u3059\u308b\u4e00\u4eba\u4e00\u4eba\u306bROE\u3067\u76ee\u6a19\u3092\u8a2d\u5b9a\u3059\u308b\u3053\u3068\u306f\u96e3\u3057\u3044\u3002<\/p>\n<p>\u3053\u308c\u306f\u307e\u3055\u306b\u3001\u300c\u6295\u8cc7\u5bb6\u8996\u70b9\u300d\u3068\u300c\u7d4c\u55b6\u8996\u70b9\u300d\u3068\u306e\u9055\u3044\u3067\u3082\u3042\u308b\u3088\u3046\u306b\u601d\u3046\u3002<\/p>\n<p>\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u3067\u3042\u308c\u3070\u500b\u3005\u4eba\u304c\u62c5\u5f53\u3059\u308b\u4e00\u3064\u4e00\u3064\u306e\u30d3\u30b8\u30cd\u30b9\u5358\u4f4d\u3067\u8a08\u6e2c\u304c\u3067\u304d\u3001\u5168\u793e\u3068\u500b\u3005\u4eba\u306e\u76ee\u6a19\u3092\u9023\u9396\u3055\u305b\u308b\u3053\u3068\u304c\u53ef\u80fd\u3068\u306a\u308b\u3002\u8cc7\u672c\u30b3\u30b9\u30c8\u3092\u4e0a\u56de\u308b\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u306e\u9054\u6210\u3092\u5168\u793e\u3068\u3057\u3066\u76ee\u6307\u3057\u3001\u305d\u308c\u3092\u5b9f\u73fe\u3059\u308b\u306b\u306f\u3001\u307e\u305a\u306f\u500b\u3005\u306e\u30d3\u30b8\u30cd\u30b9\u3084\u4e8b\u696d\u304c\u8cc7\u672c\u30b3\u30b9\u30c8\u3092\u4e0a\u56de\u308b\u5b9f\u7e3e\u3092\u4e0a\u3052\u308b\u3053\u3068\u304c\u5fc5\u8981\u3067\u3042\u308b\u3002<\/p>\n<p>\u3053\u306e\u9023\u9396\u306b\u3088\u308a\u3001\u30b0\u30eb\u30fc\u30d7\u5168\u4f53\u306e\u76ee\u6a19\u9054\u6210\u3068\u500b\u5225\u4e8b\u696d\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306e\u95a2\u9023\u6027\u304c\u660e\u78ba\u5316\u3055\u308c\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n<h3 style=\"text-align: center;\"><span style=\"color: #ff6600;\"><strong>\uff0a\u3000\u3000\u3000\uff0a\u3000\u3000\u3000\uff0a<\/strong><\/span><\/h3>\n<p>\u6b21\u56de\u306f\u672c\u9023\u8f09\u306e\u4e3b\u773c\u3067\u3042\u308b\u300c\u4f1a\u8a08\u529b\u300d\u3068\u306f\u4f55\u3092\u793a\u3059\u306e\u304b\u3092\u8003\u3048\u3066\u307f\u305f\u3044\u3002<\/p>\n<p style=\"text-align: right;\">\uff08\u4e86\uff09<\/p>\n<div class=\"box_info box clear\" style=\"font-size:14px; line-height:24px;\">\n\t\t<p>\u300c\u4f1a\u793e\u3092\u6210\u9577\u3055\u305b\u308b\u300c\u4f1a\u8a08\u529b\u300d\u300d\u306f\u3001\u6bce\u6708\u7b2c\uff11\u9031\u306b\u63b2\u8f09\u3055\u308c\u307e\u3059\u3002<\/p>\n<\/div>\n<\/p><\/div>\n    <div class=\"decentralization-view mt-4\">\n        <p class=\"text\">\u3053\u306e\u8a18\u4e8b\u5168\u6587\u3092\u3054\u89a7\u3044\u305f\u3060\u304f\u306b\u306f\u3001\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30f3\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u306e\u4f1a\u54e1\u767b\u9332\u304a\u3088\u3073\u30ed\u30b0\u30a4\u30f3\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n        <p class=\"text\">\u3059\u3067\u306b\u4f1a\u54e1\u767b\u9332\u3092\u3055\u308c\u3066\u3044\u308b\u65b9\u306f\u3001\u4e0b\u8a18\u30dc\u30bf\u30f3\u304b\u3089\u30ed\u30b0\u30a4\u30f3\u306e\u3046\u3048\u3001\u3054\u89a7\u304f\u3060\u3055\u3044\u3002<\/p>\n        <div><button class=\"js-click-open-form-login btn-set active\">\u30ed\u30b0\u30a4\u30f3<\/button><\/div>\n        <p class=\"text\">Profession Journal\u306e\u3059\u3079\u3066\u306e\u8a18\u4e8b\u3092\u3054\u89a7\u3044\u305f\u3060\u304f\u306b\u306f\u3001\u300c\u30d7\u30ec\u30df\u30a2\u30e0\u4f1a\u54e1\uff08\u6709\u6599\uff09\u300d\u3078\u306e\u3054\u767b\u9332\u304c\u5fc5\u8981\u3068\u306a\u308a\u307e\u3059\u3002<br>\n        \u306a\u304a\u3001\u300e\u901f\u5831\u89e3\u8aac\u300f\u306b\u3064\u3044\u3066\u306f\u300c\u4e00\u822c\u4f1a\u54e1\uff08\u7121\u6599\uff09\u300d\u3078\u306e\u3054\u767b\u9332\u3067\u3082\u3001\u3054\u89a7\u3044\u305f\u3060\u3051\u307e\u3059\u3002<br>\n        \u203b\u4ed6\u306b\u3082Web\u30bb\u30df\u30ca\u30fc\u53d7\u3051\u653e\u984c\u306e\u30b9\u30fc\u30d1\u30fc\u30d7\u30ec\u30df\u30a2\u30e0\u4f1a\u54e1\u306a\u3069\u304c\u3054\u3056\u3044\u307e\u3059\u3002<\/p>\n        <p class=\"text\">\u4f1a\u54e1\u767b\u9332\u304c\u304a\u6e08\u307f\u3067\u306a\u3044\u65b9\u306f\u3001\u4e0b\u8a18\u4f1a\u54e1\u767b\u9332\u306e\u30dc\u30bf\u30f3\u3088\u308a\u3001\u3054\u767b\u9332\u306e\u304a\u624b\u7d9a\u304d\u3092\u304a\u9858\u3044\u3044\u305f\u3057\u307e\u3059\u3002<\/p>\n        <div><a href=\"\/plan-select\/\" class=\"d-flex mb-0 align-items-center justify-content-center btn-set\">\u4f1a\u54e1\u767b\u9332\u306f\u3053\u3061\u3089<\/a><\/div>\n    <\/div>","protected":false},"excerpt":{"rendered":"<p>\u4f4f\u53cb\u5546\u4e8b\u306e2000\u5e74\uff13\u6708\u671f\u30a2\u30cb\u30e5\u30a2\u30eb\u30ec\u30dd\u30fc\u30c8\u793e\u9577\u30e1\u30c3\u30bb\u30fc\u30b8\u306b\u3088\u308b\u3068\u3001\u540c\u793e\u3067\u306f\u30b3\u30a2\uff08\u4e2d\u6838\uff09\u30d3\u30b8\u30cd\u30b9\u62e1\u5145\u306b\u3088\u308b\u53ce\u76ca\u62e1\u5927\u3092\u91cd\u8981\u7d4c\u55b6\u8ab2\u984c\u306b\u63b2\u3052\u3001\u30b3\u30a2\u30d3\u30b8\u30cd\u30b9\u3078\u306e\u9078\u629e\u3068\u96c6\u4e2d\u3092\u6b21\u306e\u3088\u3046\u306a\u624b\u6cd5\u3067\u4fc3\u9032\u3057\u3066\u304d\u305f\u3068\u8aac\u660e\u3057\u3066\u3044\u308b\u3002<\/p>\n","protected":false},"author":4407,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[169,293],"tags":[528,362,365],"backnumber":[1718],"series":[1159],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-07-26 00:55:24","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category"},"_links":{"self":[{"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/posts\/28474"}],"collection":[{"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/users\/4407"}],"replies":[{"embeddable":true,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/comments?post=28474"}],"version-history":[{"count":0,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/posts\/28474\/revisions"}],"wp:attachment":[{"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/media?parent=28474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/categories?post=28474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/tags?post=28474"},{"taxonomy":"backnumber","embeddable":true,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/backnumber?post=28474"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/series?post=28474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}