{"id":1565,"date":"2019-04-07T08:00:03","date_gmt":"2019-04-06T23:00:03","guid":{"rendered":"https:\/\/www.aas-clover.com\/tokyoblog\/?p=1565"},"modified":"2024-09-29T13:13:04","modified_gmt":"2024-09-29T04:13:04","slug":"h30%e5%b9%b4%e5%ba%a6%e4%ba%8b%e4%be%8b%ef%bc%94%ef%bc%88%e5%be%97%e7%82%b9-68%e7%82%b9%ef%bc%89","status":"publish","type":"post","link":"https:\/\/www.aas-clover.com\/tokyoblog\/1565","title":{"rendered":"H30\u5e74\u5ea6\u4e8b\u4f8b\uff14\uff08\u5f97\u70b9 68\u70b9\uff09"},"content":{"rendered":"<h4>\u7b2c\uff11\u554f\uff08\u914d\u70b924\u70b9\uff09<\/h4>\n<h5>\uff08\u8a2d\u554f\uff11\uff09<\/h5>\n<table style=\"height: 164px; width: 100%; border-collapse: collapse;\" border=\"1\">\n<tbody>\n<tr style=\"height: 41px;\">\n<td style=\"width: 5.83035%; height: 41px;\"><\/td>\n<td style=\"width: 50.493%; height: 41px; text-align: center;\">\uff08a\uff09<\/td>\n<td style=\"width: 45.2885%; height: 41px; text-align: center;\">\uff08b\uff09<\/td>\n<\/tr>\n<tr style=\"height: 41px;\">\n<td style=\"width: 5.83035%; height: 41px; text-align: center;\">\u2460<\/td>\n<td style=\"width: 50.493%; height: 41px; text-align: center;\">\u8ca0\u50b5\u6bd4\u7387<\/td>\n<td style=\"width: 45.2885%; height: 41px; text-align: center;\">181.01\uff08\uff05\uff09<\/td>\n<\/tr>\n<tr style=\"height: 41px;\">\n<td style=\"width: 5.83035%; height: 41px; text-align: center;\">\u2461<\/td>\n<td style=\"width: 50.493%; height: 41px; text-align: center;\">\u58f2\u4e0a\u5bfe\u8ca9\u58f2\u8cbb\u53ca\u3073\u4e00\u822c\u7ba1\u7406\u8cbb\u7387<\/td>\n<td style=\"width: 45.2885%; height: 41px; text-align: center;\">22.95\uff08\uff05\uff09<\/td>\n<\/tr>\n<tr style=\"height: 41px;\">\n<td style=\"width: 5.83035%; height: 41px; text-align: center;\">\u2462<\/td>\n<td style=\"width: 50.493%; height: 41px; text-align: center;\">\u6709\u5f62\u56fa\u5b9a\u8cc7\u7523\u56de\u8ee2\u7387<\/td>\n<td style=\"width: 45.2885%; height: 41px; text-align: center;\">17.08\uff08\u56de\uff09<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h5>\uff08\u8a2d\u554f\uff12\uff09<\/h5>\n<p>\u5185\u90e8\u7559\u4fdd\u304c\u539a\u304f\u8cc7\u672c\u306e\u5b89\u5b9a\u6027\u306f\u9ad8\u3044\u4e00\u65b9\u3067\u3001\u5916\u6ce8\u8cbb\u304c\u5927\u304d\u3044\u305f\u3081\u53ce\u76ca\u6027\u304c\u4f4e\u304f\u3001<br \/>\n\u8cc7\u7523\u306e\u52b9\u7387\u6027\u3082\u4f4e\u3044\u3002<\/p>\n<h4>\u7b2c\uff12\u554f\uff08\u914d\u70b931\u70b9\uff09<\/h4>\n<h5>\uff08\u8a2d\u554f\uff11\uff09<\/h5>\n<div class=\"horizontal-scroll\">\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\">\n<tbody>\n<tr>\n<td style=\"width: 6.06057%;\"><\/td>\n<td style=\"width: 33.6219%; text-align: center;\">(\uff41)<\/td>\n<td style=\"width: 60.3174%; text-align: center;\">\uff08\uff42\uff09<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 6.06057%; text-align: center;\">\u2460<\/td>\n<td style=\"width: 33.6219%; text-align: center;\">3.30 \uff05<\/td>\n<td style=\"width: 60.3174%; text-align: left;\">$$<br \/>\n\\begin{align}<br \/>\nWACC&amp;=\\frac{179}{503} \\times 8\\% + \\frac{324}{503} \\times 1\\% \\times (1\uff0d0.3)\\\\\\\\<br \/>\n&amp;\uff1d3.2978&#8230;\u22523.30%<br \/>\n\\end{align}<br \/>\n$$<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 6.06057%; text-align: center;\">\u2461<\/td>\n<td style=\"width: 33.6219%; text-align: center;\">6.27 \u767e\u4e07\u5186<\/td>\n<td style=\"width: 60.3174%;\">$$<br \/>\n\u0394\u4f01\u696d\u4fa1\u5024\uff1d\u0394FCF\uff0fWACC\u3088\u308a\u3001\\\\\\\\<br \/>\n\u0394\u4f01\u696d\u4fa1\u5024\uff1d\u5897\u52a0\u3057\u305f\u8cc7\u7523\u3068\u3059\u308b\u3068\\\\\\\\<br \/>\n\u0394FCF\uff1d190\u00d73.2978%\uff65\uff65\uff656.265\uff65\uff65\uff65\u22526.27\u767e\u4e07\u5186<br \/>\n$$<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h5>\uff08\u8a2d\u554f\uff12\uff09<\/h5>\n<div class=\"horizontal-scroll\">\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\">\n<tbody>\n<tr>\n<td style=\"width: 39.1775%; text-align: center;\">\uff08a\uff09<\/td>\n<td style=\"width: 60.8225%; text-align: center;\">\uff08b\uff09<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 39.1775%; text-align: center;\">3.8\u767e\u4e07\u5186<\/td>\n<td style=\"width: 60.8225%; text-align: center;\">$$FCF\uff1d\uff5b400\u2015\uff08395+1\uff09\uff5d\u00d70.7\uff0b1\uff1d3.8$$<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>(c)<br \/>\n\u4f01\u696d\u4fa1\u5024\u306e\u5411\u4e0a\u306b\u3064\u306a\u304c\u3063\u3066\u3044\u306a\u3044\u3002\u7406\u7531\u306f\u3001\u5897\u52a0\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc3.8\u767e\u4e07\u5186\u304c\u3001\u5897\u52a0\u3057\u305f\u8cc7\u7523\u306b\u5bfe\u3059\u308b\u8981\u6c42\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc6.27\u767e\u4e07\u5186\u3088\u308a\u5c11\u306a\u3044\u305f\u3081\u3002<\/p>\n<h5>\uff08\u8a2d\u554f\uff13\uff09<\/h5>\n<div class=\"horizontal-scroll\">\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\">\n<tbody>\n<tr>\n<td style=\"width: 39.3218%; text-align: center;\">\uff08a\uff09<\/td>\n<td style=\"width: 60.6782%; text-align: center;\">\uff08b\uff09<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 39.3218%; text-align: center;\">3.28 %<\/td>\n<td style=\"width: 60.6782%;\">$$<br \/>\n\u0394\u4f01\u696d\u4fa1\u5024\uff1d\u0394FCF\uff0f\uff08WACC\uff0d\u6210\u9577\u7387\uff09\u3088\u308a\\\\\\\\<br \/>\n190=\\frac{3.8}{3.30\\%\uff0d\u6210\u9577\u7387}\\\\\\\\<br \/>\n\\frac{3.8}{(3.30\\%\uff0d3.28\\%)}=190\u3000\u2234\u6210\u9577\u7387=3.28\\%<br \/>\n$$<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>&nbsp;<\/p>\n<h4>\u7b2c\uff13\u554f\uff08\u914d\u70b930\u70b9\uff09<\/h4>\n<h5>\uff08\u8a2d\u554f\uff11\uff09<\/h5>\n<div class=\"horizontal-scroll\">\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\">\n<tbody>\n<tr>\n<td style=\"width: 6.06057%;\"><\/td>\n<td style=\"width: 33.6219%; text-align: center;\">(\uff41)<\/td>\n<td style=\"width: 60.3174%; text-align: center;\">\uff08\uff42\uff09<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 6.06057%; text-align: center;\">\u2460<\/td>\n<td style=\"width: 33.6219%; text-align: center;\">73.30 \uff05<\/td>\n<td style=\"width: 60.3174%; text-align: left;\">$$<br \/>\n\u58f2\u4e0a\u9ad8\uff1d1,503\uff0b550\uff1d2,053\\\\\\\\<br \/>\n\u5909\u52d5\u8cbb=2,053 \\times \\left(\\frac{1,047}{1,503} + \\frac{782}{1,503} \\times 7\\% \\right) = 1,504.905&#8230;\\\\\\\\<br \/>\n\u5909\u52d5\u8cbb\u7387=\\frac{1,504.905&#8230;}{2,053}\u00a0 = 73.30\\%&#8230;<br \/>\n$$<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 6.06057%; text-align: center;\">\u2461<\/td>\n<td style=\"width: 33.6219%; text-align: center;\">76 \u767e\u4e07\u5186<\/td>\n<td style=\"width: 60.3174%;\">$$<br \/>\n\\begin{align}<br \/>\n\u55b6\u696d\u5229\u76ca&amp;=\u58f2\u4e0a\u9ad8\u2015\u5909\u52d5\u8cbb\uff0d\u56fa\u5b9a\u8cbb\\\\<br \/>\n&amp;=2,053\uff0d1,504.905&#8230;\uff0d472\\\\<br \/>\n&amp;=76.095&#8230;\u3000\u225276\u767e\u4e07\u5186<br \/>\n\\end{align}<br \/>\n$$<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h5>\uff08\u8a2d\u554f\uff12\uff09<\/h5>\n<p>\u56fa\u5b9a\u8cc7\u7523\u3078\u306e\u6295\u8cc7\u898f\u6a21\u306f\uff13\uff14\u767e\u4e07\u5186\u3067\u3042\u308a\u3001\u8ca9\u7ba1\u8cbb\u306e10\uff05\u306b\u7b49\u3057\u304f\u3001\u55b6\u696d\u62e0\u70b9\u3092\u5897\u8a2d\u3059\u308b\u6bce\u306b\u500b\u5225\u56fa\u5b9a\u8cbb\u3068\u3057\u3066\u767a\u751f\u3059\u308b\u3002<\/p>\n<h5>\uff08\u8a2d\u554f\uff13\uff09<\/h5>\n<p>\u5f71\u97ff\u306f\u3001\u58f2\u4e0a\u304c\uff13\uff16.\uff16\uff05\u5897\u52a0\u3057\u3001\u55b6\u696d\u5229\u76ca\u304c\uff11.\uff12\uff05\u304b\u3089\uff13.\uff17\uff05\u306b\u6539\u5584\u3057\u305f\u3002\u55b6\u696d\u62e0\u70b9\u3092\u66f4\u306a\u308b\u958b\u8a2d\u3067\u5c06\u6765\u306e\u58f2\u4e0a\u5229\u76ca\u3082\u62e1\u5927\u3059\u308b\u3002<\/p>\n<h4>\u7b2c\uff14\u554f\uff08\u914d\u70b915\u70b9\uff09<\/h4>\n<p>\u53ef\u80fd\u6027\u306f\u3001\u4eba\u4e0d\u8db3\u306e\u70ba\u3001\u696d\u52d9\u59d4\u8a17\u8cbb\u7528\u304c\u66f4\u306b\u5897\u52a0\u3057\u53ce\u76ca\u304c\u60aa\u5316\u3059\u308b\u5834\u5408\u3002\u65b9\u7b56\u306f\u3001\u4e8b\u696d\u8a08\u753b\u306b\u5408\u308f\u305b\u512a\u79c0\u306a\u4eba\u6750\u3092\u63a1\u7528\u3057\u793e\u54e1\u6559\u80b2\u306b\u6ce8\u529b\u3059\u308b\u4e8b\u3002<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7b2c\uff11\u554f\uff08\u914d\u70b924\u70b9\uff09 \uff08\u8a2d\u554f\uff11\uff09 \uff08a\uff09 \uff08b\uff09 \u2460 \u8ca0\u50b5\u6bd4\u7387 181.01\uff08\uff05\uff09 \u2461 \u58f2\u4e0a\u5bfe\u8ca9\u58f2\u8cbb\u53ca\u3073\u4e00\u822c\u7ba1\u7406\u8cbb\u7387 22.95\uff08\uff05\uff09 \u2462 \u6709\u5f62\u56fa\u5b9a\u8cc7\u7523\u56de\u8ee2\u7387 17.08\uff08\u56de\uff09 \uff08\u8a2d\u554f\uff12\uff09 \u5185\u90e8\u7559\u4fdd\u304c\u539a\u304f\u8cc7\u672c\u306e\u5b89\u5b9a\u6027\u306f\u9ad8 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2818,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"swell_btn_cv_data":"","footnotes":""},"categories":[32,36],"tags":[],"class_list":["post-1565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-saigen","category-saigen-2018d"],"_links":{"self":[{"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/1565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/comments?post=1565"}],"version-history":[{"count":1,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/1565\/revisions"}],"predecessor-version":[{"id":14877,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/1565\/revisions\/14877"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/media\/2818"}],"wp:attachment":[{"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/media?parent=1565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/categories?post=1565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/tags?post=1565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}