{"id":20217,"date":"2026-05-16T14:52:43","date_gmt":"2026-05-16T05:52:43","guid":{"rendered":"https:\/\/www.aas-clover.com\/tokyoblog\/20217"},"modified":"2026-05-16T15:59:42","modified_gmt":"2026-05-16T06:59:42","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%b9-46%e7%82%b9%ef%bc%89","status":"publish","type":"post","link":"https:\/\/www.aas-clover.com\/tokyoblog\/20217","title":{"rendered":"R07\u5e74\u5ea6\u4e8b\u4f8b\uff14\uff08\u5f97\u70b9 46\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>\u81ea\u5df1\u8cc7\u672c\u6bd4\u7387<\/td>\n<td>82.13%<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u2461\u52a3\u308b\u6307\u6a19<\/td>\n<td>\u58f2\u4e0a\u9ad8\u55b6\u696d\u5229\u76ca\u7387<\/td>\n<td>1.51%<\/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>\u81ea\u793e\u3067\u62b1\u3048\u308b\u8077\u4eba\u306e\u624b\u306b\u3088\u308b\u4ecf\u58c7\u88fd\u9020\u306e\u6226\u7565\u306e\u305f\u3081\u8ca9\u7ba1\u8cbb\u304c\u591a\u304f\u53ce\u76ca\u6027\u304c\u52a3\u3063\u3066\u3044\u308b\u3002\u5c55\u793a\u8ca9\u58f2\u3059\u308b\u76f4\u55b6\u5e97\u8217\u7b49\u3092\u4fdd\u6709\u3057\u6709\u5f62\u56fa\u5b9a\u8cc7\u7523\u306e\u6d3b\u7528\u9762\u3067\u52b9\u7387\u6027\u304c\u52a3\u3063\u3066\u3044\u308b\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>X:2\u57fa\u3001Y:3\u57fa\u30921\u30bb\u30c3\u30c8\u3068\u8003\u3048\u3066\u8a08\u7b97\u3059\u308b\u3002<br \/>\n\u8ca9\u58f2\u4fa1\u683c\uff1a600\u00d72+560\u00d73=2,880<br \/>\n\u5909\u52d5\u8cbb\uff1a230\u00d72+140\u00d73=880<br \/>\n\u56fa\u5b9a\u8cbb\uff1a45,000+35,000+400,000=480,000<br \/>\n\u3068\u306a\u308b\u305f\u3081\u3001\u640d\u76ca\u5206\u5c90\u70b9\u58f2\u4e0a\u9ad8\u306f\u3001<br \/>\n480,000\/(1-880\/2,880)=691.199.9\u2252691,200<br \/>\n\u3053\u306e\u6642\u306e\u8ca9\u58f2\u6570\u91cf\u306f\u3001691,200\u00f72,880=240\u30bb\u30c3\u30c8<br \/>\n\u3088\u3063\u3066\u3001X\u306e\u8ca9\u58f2\u6570\u91cf\u306f\u3001240\u00d72=480<br \/>\nY\u306e\u8ca9\u58f2\u6570\u91cf\u306f\u3001240\u00d73=720<br \/>\n\uff08\u5358\u4f4d\uff1a\u5343\u5186\uff09<\/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>826\u57fa<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u8a08\u7b97\u904e\u7a0b<\/strong><\/p>\n<p>1\u57fa\u5f53\u305f\u308a\u306e\u5909\u52d5\u8cbb\u306f\u3001X:241.5\u3001Y:147\u3002\u5171\u901a\u56fa\u5b9a\u8cbb\u306f440,000\u3068\u306a\u308b\u3002Y\u306e\u8ca9\u58f2\u6570\u91cf\u3092Y\u57fa\u3068\u3059\u308b\u3068\u3001<br \/>\n\u58f2\u4e0a\u9ad8=\u5909\u52d5\u8cbb+\u56fa\u5b9a\u8cbb+\u76ee\u6a19\u5229\u76ca\u304b\u3089\u3001<br \/>\n600\u00d7500+560Y=241.5\u00d7500+147Y+45,000+35,000+440,000<br \/>\nY=825.06<br \/>\n\u3088\u3063\u3066\u3001826\u57fa<br \/>\n\uff08\u5358\u4f4d\uff1a\u5343\u5186\uff09<\/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><\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u2461\u88fd\u54c1Y\u8ca9\u58f2\u6570\u91cf<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u2462\u7dcf\u5229\u76ca\u984d<\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u8a08\u7b97\u904e\u7a0b<\/strong><\/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\u76ca\uff1a6,000\u3001\u30bf\u30c3\u30af\u30b9\u30b7\u30fc\u30eb\u30c9\uff1a6,000\u00d70.3=\u25b31,800\u3088\u308a<br \/>\nCF=6,000-1,800=4,200<br \/>\n\uff08\u5358\u4f4d\uff1a\u5343\u5186\uff09<\/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>13,980,000\u5186<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\uff12\u5e74\u672b<\/td>\n<td>22,980,000\u5186<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\uff13\u5e74\u672b<\/td>\n<td>22,980,000\u5186<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\uff14\u5e74\u672b<\/td>\n<td>31,980,000\u5186<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u8a08\u7b97\u904e\u7a0b<\/strong><\/p>\n<p>\u73fe\u91d1\u53ce\u5165\uff1a92,400\u3001\u5909\u52d5\u88fd\u9020\u8cbb\uff1a36,000\u3001\u696d\u52d9\u8cbb\u7528\uff1a30,000\u3001\u6e1b\u4fa1\u511f\u5374\u8cbb\uff1a15,000\u3068\u306a\u308a\u3001<br \/>\n\u2460\u521d\u5e74\u5ea6CF=(92,400-36,000-30,000-15,000)\u00d70.7+15,000-9,000=13,980<br \/>\n\u2461\uff12\u5e74\u5ea6\u3001\uff13\u5e74\u5ea6\u306eCF=(92,400-36,000-30,000-15,000)\u00d70.7+15,000=22,980<br \/>\n\u24624\u5e74\u5ea6\u306eCF=(92,400-36,000-30,000-15,000)\u00d70.7+15,000+9,000=31,980<br \/>\n\uff08\u5358\u4f4d\uff1a\u5343\u5186\uff09<\/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>22,477,380\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>NPV=\u521d\u671f\u6295\u8cc7CF+\u521d\u5e74\u5ea6\u304b\u30894\u5e74\u5ea6\u306eCF\u306e\u73fe\u5728\u4fa1\u5024+\u58f2\u5374\u5206CF\u306e\u73fe\u5728\u4fa1\u5024<br \/>\n=-60,000+13,980\u00d70.962+22,980\u00d7(0.925+0.889)+31,980\u00d70.855+4,200\u00d70.855<br \/>\n=22,477.38<br \/>\n\uff08\u5358\u4f4d\uff1a\u5343\u5186\uff09<\/p>\n<h4>\u7b2c\uff14\u554f\uff08\u914d\u70b920\u70b9\uff09<\/h4>\n<p><strong>\uff08\u8a2d\u554f\uff11\uff09<\/strong><\/p>\n<p>\u81ea\u5df1\u8cc7\u672c\u6bd4\u7387\u304c\u540c\u696d\u4ed6\u793e\u3068\u6bd4\u8f03\u3057\u3066\u5145\u5206\u9ad8\u3044\u72b6\u6cc1\u306e\u305f\u3081\u3001\u682a\u5f0f\u767a\u884c\u7b49\u306b\u3088\u308b\u5916\u90e8\u8cc7\u91d1\u8abf\u9054\u306a\u3069\u30a8\u30af\u30a4\u30c6\u30a3\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u306e\u6d3b\u7528\u3092\u8cc7\u91d1\u8abf\u9054\u624b\u6bb5\u3068\u3057\u3066\u691c\u8a0e\u3059\u3079\u304d\u3067\u3042\u308b\u3002<\/p>\n<p><strong>\uff08\u8a2d\u554f\uff12\uff09<\/strong><\/p>\n<p>\u70ba\u66ff\u30ea\u30b9\u30af\u3067\u3042\u308b\u3002\u70ba\u66ff\u4e88\u7d04\u3084\u30d7\u30c3\u30c8\u30fb\u30aa\u30d7\u30b7\u30e7\u30f3\u306b\u3088\u3063\u3066\u70ba\u66ff\u30ec\u30fc\u30c8\u306e\u5909\u52d5\u306b\u3088\u308b\u30ea\u30b9\u30af\u3092\u56de\u907f\u3059\u308b\u3053\u3068\u3092\u691c\u8a0e\u3059\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 \u81ea\u5df1\u8cc7\u672c\u6bd4\u7387 82.13% \u2461\u52a3\u308b\u6307\u6a19 \u58f2\u4e0a\u9ad8\u55b6\u696d\u5229\u76ca\u7387 1.51% \u2462\u52a3\u308b\u6307\u6a19 \u6709\u5f62\u56fa\u5b9a\u8cc7\u7523\u56de\u8ee2\u7387 1.85\u56de \uff08\u8a2d\u554f\uff12\uff09 \u81ea\u793e\u3067\u62b1\u3048\u308b\u8077\u4eba\u306e\u624b\u306b [&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":"46","footnotes":""},"categories":[345],"tags":[],"class_list":["post-20217","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\/20217","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=20217"}],"version-history":[{"count":1,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/20217\/revisions"}],"predecessor-version":[{"id":21346,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/20217\/revisions\/21346"}],"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=20217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/categories?post=20217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/tags?post=20217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}