{"id":20199,"date":"2026-05-16T14:52:31","date_gmt":"2026-05-16T05:52:31","guid":{"rendered":"https:\/\/www.aas-clover.com\/tokyoblog\/20199"},"modified":"2026-05-16T15:59:49","modified_gmt":"2026-05-16T06:59:49","slug":"r07%e5%b9%b4%e5%ba%a6%e4%ba%8b%e4%be%8b%ef%bc%94%ef%bc%88%e5%be%97%e7%82%b9-93%e7%82%b9%ef%bc%89","status":"publish","type":"post","link":"https:\/\/www.aas-clover.com\/tokyoblog\/20199","title":{"rendered":"R07\u5e74\u5ea6\u4e8b\u4f8b\uff14\uff08\u5f97\u70b9 93\u70b9\uff09"},"content":{"rendered":"<h4>\u7b2c\uff11\u554f\uff08\u914d\u70b925\u70b9\uff09<\/h4>\n<p><strong>\uff08\u8a2d\u554f\uff11\uff09<\/strong><\/p>\n<table class='saigen4-tbl-01'>\n<tbody>\n<tr>\n<td style='white-space:nowrap'><\/td>\n<td>\uff08a\uff09\u6307\u6a19\u540d<\/td>\n<td>\uff08b\uff09\u5024<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u2460\u512a\u308c\u305f\u6307\u6a19<\/td>\n<td>\u6d41\u52d5\u6bd4\u7387<\/td>\n<td>283.67%<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u2461\u52a3\u308b\u6307\u6a19<\/td>\n<td>\u58f2\u4e0a\u9ad8\u7dcf\u5229\u76ca\u7387<\/td>\n<td>35.85%<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u2462\u52a3\u308b\u6307\u6a19<\/td>\n<td>\u6709\u5f62\u56fa\u5b9a\u8cc7\u7523\u56de\u8ee2\u7387<\/td>\n<td>1.85\u56de<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\uff08\u8a2d\u554f\uff12\uff09<\/strong><\/p>\n<p>\u8077\u4eba\u306e\u4f1d\u7d71\u6280\u8853\u3092\u4f7f\u3063\u305f\u62d8\u308a\u306e\u9ad8\u4fa1\u683c\u4ecf\u58c7\u3084\u5168\u56fd\u306e\u5c0f\u58f2\u5e97\u30fb\u5c55\u793a\u8ca9\u58f2\u7b49\u3067\u4ed6\u793e\u3068\u5dee\u5225\u5316\u3092\u3057\u3066\u3044\u308b\u5206\u3001\u58f2\u4e0a\u539f\u4fa1\u30fb\u6709\u5f62\u56fa\u5b9a\u8cc7\u7523\u304c\u9ad8\u3044\u3053\u3068\u304b\u3089\u3001\u53ce\u76ca\u6027\u3084\u52b9\u7387\u6027\u304c\u60aa\u3044\u3002<\/p>\n<h4>\u7b2c\uff12\u554f\uff08\u914d\u70b930\u70b9\uff09<\/h4>\n<p><strong>\uff08\u8a2d\u554f\uff11\uff09<\/strong><\/p>\n<table class='saigen4-tbl-02'>\n<tbody>\n<tr>\n<td style='white-space:nowrap'>\u2460\u88fd\u54c1X\u8ca9\u58f2\u6570\u91cf<\/td>\n<td>480\u57fa<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u2461\u88fd\u54c1Y\u8ca9\u58f2\u6570\u91cf<\/td>\n<td>720\u57fa<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u2462\u640d\u76ca\u5206\u5c90\u70b9\u58f2\u4e0a\u9ad8<\/td>\n<td>691,200,000\u5186<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u8a08\u7b97\u904e\u7a0b<\/strong><\/p>\n<p>\u88fd\u54c1X\u30fbY\u306f\u6570\u91cf\u30d9\u30fc\u30b9\u30672:3\u3067\u8ca9\u58f2\u3055\u308c\u305f\u306e\u3067\u3001<br \/>\n\u88fd\u54c1X\u30fbY\u306e\u8ca9\u58f2\u6570\u91cf\u30922t(\u57fa)\u30fb3t(\u57fa)\u3068\u3059\u308b\u3068\u3001<br \/>\n\u9650\u754c\u5229\u76ca\u306f\u30012t\u00d7(600-230)+3t\u00d7(560-140)=2,000t(\u5343\u5186)<br \/>\n\u640d\u76ca\u5206\u5c90\u70b9\u306b\u304a\u3044\u3066\u306f\u3001(\u9650\u754c\u5229\u76ca)=(\u56fa\u5b9a\u8cbb)\u3068\u306a\u308b\u306e\u3067\u30012,000t=45,000+35,000+400,000\u21d4t=240<br \/>\n\u3064\u307e\u308a\u2460\u306f480\u57fa\u3001\u2461\u306f720\u57fa\u3067\u3001\u640d\u76ca\u5206\u5c90\u70b9\u58f2\u4e0a\u9ad8\u306f\u3001<br \/>\n600\u00d7480+560\u00d7720=691,200(\u5343\u5186)<\/p>\n<p><strong>\uff08\u8a2d\u554f\uff12\uff09<\/strong><\/p>\n<table class='saigen4-tbl-02'>\n<tbody>\n<tr>\n<td style='white-space:nowrap'>\u88fd\u54c1Y\u8ca9\u58f2\u6570\u91cf<\/td>\n<td>947\u57fa<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u8a08\u7b97\u904e\u7a0b<\/strong><\/p>\n<p>\u6b21\u5e74\u5ea6\u306b\u304a\u3051\u308b\u88fd\u54c1X\u30fbY\u306e1\u57fa\u5f53\u305f\u308a\u306e\u5909\u52d5\u8cbb\u306f\u3001<br \/>\nX:230\u00d7(1+5%)=241.5(\u5343\u5186)<br \/>\nY:140\u00d7(1+5%)=147(\u5343\u5186)<br \/>\n\u5171\u901a\u56fa\u5b9a\u8cbb\u306f\u3001400,000\u00d7(1+10%)=440,000(\u5343\u5186)<br \/>\n\u3088\u3063\u3066\u3001\u88fd\u54c1Y\u306e\u8ca9\u58f2\u6570\u91cf\u3092y(\u57fa)\u3068\u3057\u3066\u3001\u76ee\u6a19\u5229\u76ca\u984d50,000\u5343\u5186\u3092\u9054\u6210\u3059\u308b\u306b\u306f\u3001<br \/>\n(600-241.5)\u00d7500+(560-147)\u00d7y-(45,000+35,000+440,000)\u226750,000<br \/>\n\u3064\u307e\u308a\u3001y\u2267946.125\uff65\uff65\uff65<br \/>\n\u3088\u3063\u3066\u3001\u6c42\u3081\u308b\u8ca9\u58f2\u6570\u91cf\u306f947\u57fa<\/p>\n<p><strong>\uff08\u8a2d\u554f\uff13\uff09<\/strong><\/p>\n<table class='saigen4-tbl-02'>\n<tbody>\n<tr>\n<td style='white-space:nowrap'>\u2460\u88fd\u54c1X\u8ca9\u58f2\u6570\u91cf<\/td>\n<td>500\u57fa<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u2461\u88fd\u54c1Y\u8ca9\u58f2\u6570\u91cf<\/td>\n<td>1,500\u57fa<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u2462\u7dcf\u5229\u76ca\u984d<\/td>\n<td>408,750,000\u5186<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u8a08\u7b97\u904e\u7a0b<\/strong><\/p>\n<p>\u88fd\u54c1X\u3068Y\u306e\u8ca9\u58f2\u6570\u91cf\u3092\u305d\u308c\u305e\u308cx(\u57fa)\u3001y(\u57fa)\u3068\u3057\u305f\u3068\u304d\u306e\u7dcf\u5229\u76ca\u984d\u306f\u3001<br \/>\n(600-241.5)x+(650-147)y-(45,000+40,000+440,000)=358.5x+503y-525,000(\u5343\u5186)\uff65\uff65\uff65\u2460<br \/>\n\u88fd\u54c1X\u3068Y\u306e\u8ca9\u58f2\u6570\u91cf\u306e\u6bd4\u7387\u3068\u76f4\u63a5\u4f5c\u696d\u6642\u9593\u306e\u5236\u9650\u306b\u3088\u308a\u3001<br \/>\nx\/(x+y)\u22670.25\u21d43x\u2267y\uff65\uff65\uff65\u2461<br \/>\n0.5x+0.3y\u2266700\u21d45x+3y\u22667,000\uff65\uff65\uff65\u2462<br \/>\n\u2461\u30fb\u2462\u306e\u4e0b\u3001\u2460\u306e\u5229\u76ca\u984d\u3092\u6700\u5927\u306b\u3059\u308b\u7dda\u5f62\u8a08\u753b\u554f\u984c\u3092\u89e3\u304f\u3068\u3001(x,y)=(500,1,500)\u3068\u306a\u308b\u3002<br \/>\n\u3088\u3063\u3066\u3001\u6c42\u3081\u308b\u7dcf\u5229\u76ca\u984d\u306f\u3001<br \/>\n358.5\u00d7500+503\u00d71,500-525,000=408,750(\u5343\u5186)<\/p>\n<h4>\u7b2c\uff13\u554f\uff08\u914d\u70b925\u70b9\uff09<\/h4>\n<p><strong>\uff08\u8a2d\u554f\uff11\uff09\u8a2d\u5099Z\u58f2\u5374\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc<\/strong><\/p>\n<table class='saigen4-tbl-02'>\n<tbody>\n<tr>\n<td style='white-space:nowrap'>\u58f2\u5374CF<\/td>\n<td>4,200,000\u5186<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u8a08\u7b97\u904e\u7a0b<\/strong><\/p>\n<p> (\u58f2\u5374\u306eCF)=(\u58f2\u5374\u984d)\u00d7(1-\u7a0e\u7387)=6,000\u00d7(1-30%)=4,200(\u5343\u5186)<\/p>\n<p><strong>\uff08\u8a2d\u554f\uff12\uff09\u5404\u5e74\u672b\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc<\/strong><\/p>\n<table class='saigen4-tbl-02'>\n<tbody>\n<tr>\n<td style='white-space:nowrap'>\uff11\u5e74\u672b<\/td>\n<td>10,620,000\u5186<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\uff12\u5e74\u672b<\/td>\n<td>19,620,000\u5186<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\uff13\u5e74\u672b<\/td>\n<td>19,620,000\u5186<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\uff14\u5e74\u672b<\/td>\n<td>32,820,000\u5186<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u8a08\u7b97\u904e\u7a0b<\/strong><\/p>\n<p>\u65b0\u88fd\u54c1\u306e\u88fd\u9020\u30fb\u8ca9\u58f2\u306b\u3064\u3044\u3066\u3001300\u00d7(300-120)-30,000=24,000(\u5343\u5186)<br \/>\n\u6e1b\u4fa1\u511f\u5374\u8cbb\u306f\u300160,000\u00f74=15,000(\u5343\u5186)<br \/>\n\u5009\u5eab\u306e\u8cb8\u51fa\u306e\u7d42\u4e86\u306b\u3088\u308b\u6a5f\u4f1a\u640d\u5931\u306f\u6bce\u671f2,400(\u5343\u5186)<br \/>\n\u3064\u307e\u308a\u3001\u904b\u8ee2\u8cc7\u672c\u30fb\u8a2d\u5099\u58f2\u5374\u4ee5\u5916\u306eCF\u306b\u3064\u3044\u3066\u306f\u3001\u6bce\u671f<br \/>\n(24,000-15,000-2,400)\u00d7(1-30%)+15,000=19,620(\u5343\u5186)\u306eCF\u304c\u751f\u3058\u308b\u3002<br \/>\n1\u5e74\u76ee\u306b\u95a2\u3057\u3066\u306f\u904b\u8ee2\u8cc7\u672c\u306e\u5897\u52a0\u984d\u306e\u5206\u25b39,000(\u5343\u5186)\u306eCF\u304c\u751f\u3058\u308b\u3002<br \/>\n4\u5e74\u76ee\u306b\u95a2\u3057\u3066\u306f\u904b\u8ee2\u8cc7\u672c\u306e\u53d6\u308a\u5d29\u3057\u5206\u53ca\u3073\u8a2d\u554f1\u3067\u6c42\u3081\u305f\u8a2d\u5099\u306e\u58f2\u5374\u306b\u3088\u308bCF<br \/>\n9,000+4,200=13,200(\u5343\u5186)\u304c\u751f\u3058\u308b\u3002<br \/>\n\u3088\u3063\u3066\u3001<br \/>\n1\u5e74\u76eeCF: 10,620,000\u5186<br \/>\n2\u5e74\u76eeCF: 19,620,000\u5186<br \/>\n3\u5e74\u76eeCF: 19,620,000\u5186<br \/>\n4\u5e74\u76eeCF: 32,820,000\u5186<\/p>\n<p><strong>\uff08\u8a2d\u554f\uff13\uff09\u6b63\u5473\u73fe\u5728\u4fa1\u5024\u30fb\u63a1\u5426<\/strong><\/p>\n<table class='saigen4-tbl-02'>\n<tbody>\n<tr>\n<td style='white-space:nowrap'>\u6b63\u5473\u73fe\u5728\u4fa1\u5024<\/td>\n<td>13,868,220\u5186<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u63a1\u5426<\/td>\n<td>\u3059\u308b<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u8a08\u7b97\u904e\u7a0b<\/strong><\/p>\n<p>(\u6b63\u5473\u73fe\u5728\u4fa1\u5024)=-(\u521d\u671f\u6295\u8cc7\u984d)+0.962\u00d7(1\u5e74\u76ee\u306eCF)+0.925\u00d7(2\u5e74\u76ee\u306eCF)+0.889\u00d7(3\u5e74\u76ee\u306eCF)+0.855\u00d7(4\u5e74\u76ee\u306eCF)<br \/>\n=-60,000+0.962\u00d710,620+0.925\u00d719,620+0.889\u00d719,620+0.855\u00d732,820<br \/>\n=13,868.22(\u5343\u5186)<br \/>\n\u3088\u3063\u3066\u3001NPV\u304c\u6b63\u3068\u306a\u3063\u3066\u3044\u308b\u306e\u3067\u3001\u6295\u8cc7\u6848\u306f\u5b9f\u884c\u3059\u3079\u304d\u3068\u8a00\u3048\u308b\u3002<\/p>\n<h4>\u7b2c\uff14\u554f\uff08\u914d\u70b920\u70b9\uff09<\/h4>\n<p><strong>\uff08\u8a2d\u554f\uff11\uff09<\/strong><\/p>\n<p>\u8cc7\u91d1\u8abf\u9054\u306f\u9577\u671f\u501f\u5165\u91d1\u3067\u8abf\u9054\u3059\u3079\u304d\u3002\u7406\u7531\u306f\u3001D\u793e\u306f\u8ca0\u50b5\u6bd4\u7387\u304c\u4f4e\u304f\u3001\u5b89\u5168\u6027\u304c\u9ad8\u3044\u70ba\u3001\u682a\u5f0f\u767a\u884c\u306e\u8abf\u9054\u3067\u67d4\u8edf\u306a\u7d4c\u55b6\u304c\u640d\u306a\u308f\u308c\u308b\u30ea\u30b9\u30af\u3092\u3068\u308b\u3088\u308a\u3001\u501f\u5165\u3067\u306e\u8abf\u9054\u304c\u59a5\u5f53\u306a\u70ba\u3002<\/p>\n<p><strong>\uff08\u8a2d\u554f\uff12\uff09<\/strong><\/p>\n<p>\u70ba\u66ff\u5909\u52d5\u30ea\u30b9\u30af\u304c\u3042\u308b\u70ba\u3001\u73fe\u5730\u901a\u8ca8\u58f2\u308a\u306e\u70ba\u66ff\u4e88\u7d04\u3084\u30d7\u30c3\u30c8\u30aa\u30d7\u30b7\u30e7\u30f3\u306e\u8cfc\u5165\u3067\u3001\u5186\u9ad8\u6642\u306e\u70ba\u66ff\u5dee\u640d\u306e\u30ea\u30b9\u30af\u3092\u56de\u907f\u3059\u308b\u3079\u304d\u3067\u3042\u308b\u3002&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7b2c\uff11\u554f\uff08\u914d\u70b925\u70b9\uff09 \uff08\u8a2d\u554f\uff11\uff09 \uff08a\uff09\u6307\u6a19\u540d \uff08b\uff09\u5024 \u2460\u512a\u308c\u305f\u6307\u6a19 \u6d41\u52d5\u6bd4\u7387 283.67% \u2461\u52a3\u308b\u6307\u6a19 \u58f2\u4e0a\u9ad8\u7dcf\u5229\u76ca\u7387 35.85% \u2462\u52a3\u308b\u6307\u6a19 \u6709\u5f62\u56fa\u5b9a\u8cc7\u7523\u56de\u8ee2\u7387 1.85\u56de \uff08\u8a2d\u554f\uff12\uff09 \u8077\u4eba\u306e\u4f1d\u7d71\u6280\u8853\u3092\u4f7f\u3063\u305f\u62d8 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2818,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"swell_btn_cv_data":"","score":"93","footnotes":""},"categories":[345],"tags":[],"class_list":["post-20199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-saigen-2025d"],"_links":{"self":[{"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/20199","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=20199"}],"version-history":[{"count":1,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/20199\/revisions"}],"predecessor-version":[{"id":21360,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/20199\/revisions\/21360"}],"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=20199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/categories?post=20199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/tags?post=20199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}