{"id":20251,"date":"2026-05-16T14:53:07","date_gmt":"2026-05-16T05:53:07","guid":{"rendered":"https:\/\/www.aas-clover.com\/tokyoblog\/20251"},"modified":"2026-05-16T15:59:26","modified_gmt":"2026-05-16T06:59:26","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%b9-75%e7%82%b9%ef%bc%89-4","status":"publish","type":"post","link":"https:\/\/www.aas-clover.com\/tokyoblog\/20251","title":{"rendered":"R07\u5e74\u5ea6\u4e8b\u4f8b\uff14\uff08\u5f97\u70b9 75\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\uff05<\/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>\uff24\u793e\u306f\u8077\u4eba\u306e\u4f1d\u7d71\u5de5\u82b8\u6280\u8853\u3092\u6d3b\u304b\u3057\u3066\u6d77\u5916\u751f\u7523\u306e\u4f4e\u4fa1\u683c\u4ecf\u58c7\u3068\u5dee\u5225\u5316\u3057\u3066\u3044\u308b\u70ba\u3001\u58f2\u4e0a\u539f\u4fa1\u306e\u6bd4\u7387\u304c\u9ad8\u304f\u7af6\u4e89\u6fc0\u5316\u30fb\u4ecf\u5177\u9700\u8981\u4f4e\u8ff7\u30fb\u539f\u6750\u6599\u4fa1\u683c\u9ad8\u9a30\u3067\u53ce\u76ca\u6027\u3068\u52b9\u7387\u6027\u304c\u4f4e\u3044<\/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>\u4e00\u57fa\u5f53\u308a\u9650\u754c\u5229\u76ca\u3000\uff38=370\u3000\uff39=420\u3000\u6570\u91cf\u30d9\u30fc\u30b9\u306e\u9650\u754c\u5229\u76ca\u3000(370*2)+(420*3)=2,000\u3000\u56fa\u5b9a\u8cbb\u3000400,000+45,000+35,000=480,000\u3000\u4ee5\u4e0a\u3088\u308a\u3000480,000\u00f72,000=240\u30bb\u30c3\u30c8\u3000\u3088\u3063\u3066\uff38=480\u57fa\u3000\uff39=720\u57fa<\/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>\u56fa\u5b9a\u8cbb\u5897\u984d\u3000400,000*0.1=40,000\u3000\u76ee\u6a19\u5229\u76ca\u300050,000\u3000\u76ee\u6a19\u9650\u754c\u5229\u76ca\u3000400,000+40,000+45,000+35,000+50,000=570,000\u3000\uff38\u9650\u754c\u5229\u76ca\u3000{600-(230*1.05)}*500=179,250\u3000\uff39\u4e00\u57fa\u5f53\u308a\u9650\u754c\u5229\u76ca\u3000560-(140*1.05)=413\u3000\u4ee5\u4e0a\u3088\u308a\u3000(570,000-179,250)\u00f7413=946.125\uff65\uff65\uff65\u3000\u3088\u3063\u3066\uff39=947\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>\u8ffd\u52a0\u56fa\u5b9a\u8cbb\u30005,000\u3000\u56fa\u5b9a\u8cbb\u3000400,000+40,000+45,000+35,000+5,000=525,000\u3000\uff39\u4e00\u57fa\u5f53\u308a\u9650\u754c\u5229\u76ca\u3000650-(140*1.05)=503\u3000\u4f5c\u696d\u6642\u9593\u5f53\u308a\u9650\u754c\u5229\u76ca\u3000\uff38358.5\u00f70.5=717\u3000\uff39503\u00f70.3=1,676.666\uff65\uff65\uff65\u3000\u3088\u3063\u3066\u88fd\u54c1\uff39\u3092\u512a\u5148\u3057\u8ca9\u58f2\u6570\u91cf\u306f\u88fd\u54c1\uff38\u306e\u5236\u7d04\u304b\u3089\u3000700\u00f7{0.5+(0.3*3)}=500\u30bb\u30c3\u30c8\u3000\u4ee5\u4e0a\u3088\u308a\u3000{358.5+(503*3)}*500-525,000=408,750<\/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>6,000\u00f7(1-0.3)=4,200<\/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>12,300,000\u5186<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\uff12\u5e74\u672b<\/td>\n<td>21,300,000\u5186<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\uff13\u5e74\u672b<\/td>\n<td>21,300,000\u5186<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\uff14\u5e74\u672b<\/td>\n<td>34,500,000\u5186<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u8a08\u7b97\u904e\u7a0b<\/strong><\/p>\n<p>\u2460\u6e1b\u4fa1\u511f\u5374\u8cbb\u300060,000\u00f74=15,000\u3000\u2461\u53ce\u76ca\u3000(300-120)*300-30,000=24,000\u3000\u2462\u904b\u8ee2\u8cc7\u672c\u30009,000\u3000\u2463\u58f2\u5374\u984d\u30006,000\u3000\u4ee5\u4e0a\u3088\u308a\u30001\u5e74\u76ee\u3000(\u2461*0.7)+(\u2460*0.3)-9,000=12,300\u30002\uff5e3\u5e74\u76ee\u3000(\u2461*0.7)+(\u2460*0.3)=21,300\u30004\u5e74\u76ee\u3000(\u2461*0.7)+(\u2460*0.3)+9,000+(6,000*0.7)=34,500<\/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>19,968,300\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>\u6e1b\u4fa1\u511f\u5374\u8cbb\u300060,000\u00f74=15,000\u3000{(16,800+45,000)*3.631}+{(9,000+4,200)*0.855}-(9000*0.962)-60,000=19,968.3\u3000\u4ee5\u4e0a\u3088\u308aNPV\u304c\u6b63\u306e\u70ba\u6295\u8cc7\u3059\u3079\u304d<\/p>\n<h4>\u7b2c\uff14\u554f\uff08\u914d\u70b920\u70b9\uff09<\/h4>\n<p><strong>\uff08\u8a2d\u554f\uff11\uff09<\/strong><\/p>\n<p>\u9280\u884c\u501f\u5165\u306b\u3088\u308b\u8cc7\u91d1\u8abf\u9054\u3068\u3059\u308b\u3002\u7406\u7531\u306f\u8ca1\u653f\u72b6\u6cc1\u306e\u5b89\u5168\u6027\u304c\u9ad8\u304f\u4f4e\u5229\u3067\u501f\u5165\u304c\u53ef\u80fd\u3067\u3042\u308b\u70b9\u3001\u682a\u5f0f\u767a\u884c\u3067\u306f\u7559\u4fdd\u5229\u76ca\u306e\u5927\u304d\u3055\u304b\u3089\u914d\u5f53\u306b\u3088\u308a\u8cc7\u91d1\u6d41\u51fa\u306e\u53ef\u80fd\u6027\u304c\u3042\u308b\u70ba\u3002<\/p>\n<p><strong>\uff08\u8a2d\u554f\uff12\uff09<\/strong><\/p>\n<p>\u30ea\u30b9\u30af\u306f\u70ba\u66ff\u5909\u52d5\u3068\u904e\u5270\u5728\u5eab\u306b\u3088\u308b\u53ce\u76ca\u6027\u3068\u52b9\u7387\u6027\u306e\u60aa\u5316\u3002\u5bfe\u51e6\u306f\u70ba\u66ff\u4e88\u7d04\u3067\u30ec\u30fc\u30c8\u3092\u56fa\u5b9a\u3057\u3001\u7d99\u7d9a\u7684\u306a\u5e02\u5834\u8abf\u67fb\u3067\u30cb\u30fc\u30ba\u3092\u53ce\u96c6\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\uff05 \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 \uff24\u793e\u306f\u8077\u4eba\u306e\u4f1d\u7d71\u5de5\u82b8\u6280 [&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":"75","footnotes":""},"categories":[345],"tags":[],"class_list":["post-20251","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\/20251","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=20251"}],"version-history":[{"count":1,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/20251\/revisions"}],"predecessor-version":[{"id":21313,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/20251\/revisions\/21313"}],"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=20251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/categories?post=20251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/tags?post=20251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}