{"id":20324,"date":"2026-05-16T14:53:58","date_gmt":"2026-05-16T05:53:58","guid":{"rendered":"https:\/\/www.aas-clover.com\/tokyoblog\/20324"},"modified":"2026-05-16T15:58:53","modified_gmt":"2026-05-16T06:58:53","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%b9-69%e7%82%b9%ef%bc%89-2","status":"publish","type":"post","link":"https:\/\/www.aas-clover.com\/tokyoblog\/20324","title":{"rendered":"R07\u5e74\u5ea6\u4e8b\u4f8b\uff14\uff08\u5f97\u70b9 69\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>\u8ca0\u50b5\u6bd4\u7387<\/td>\n<td>21.76%<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u2461\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<tr>\n<td style='white-space:nowrap'>\u2462\u52a3\u308b\u6307\u6a19<\/td>\n<td>\u58f2\u4e0a\u9ad8\u7dcf\u5229\u76ca\u7387<\/td>\n<td>35.85%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\uff08\u8a2d\u554f\uff12\uff09<\/strong><\/p>\n<p>\u4ecf\u5177\u9700\u8981\u4f4e\u8ff7\u3084\u7af6\u4e89\u74b0\u5883\u6fc0\u5316\u306e\u4e2d\u3001\u8077\u4eba\u306e\u624b\u4f5c\u696d\u306e\u9ad8\u4fa1\u683c\u4ecf\u58c7\u306b\u3053\u3060\u308f\u308a\u7af6\u5408\u3068\u5dee\u5225\u5316\u3057\u3001\u6226\u7565\u7684\u306a\u65b0\u5546\u54c1\u958b\u767a\u3092\u7d99\u7d9a\u3057\u305f\u305f\u3081\u3001\u4eba\u4ef6\u8cbb\u3068\u6295\u8cc7\u8ca0\u62c5\u304c\u5927\u304d\u304f\u3001\u53ce\u76ca\u6027\u3068\u52b9\u7387\u6027\u304c\u4f4e\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>\u9650\u754c\u5229\u76ca\/\u30ad<br \/>\nX:600-230=370\/\u30ad<br \/>\nY:540-140-=420\/\u30ad<br \/>\nX\u306e\u8ca9\u58f2\u91cf\u3092X\u30ad\u3001Y\u306e\u8ca9\u58f2\u91cf\u30923\/2X\u30ad\u3068\u3059\u308b\u3068\u3001<br \/>\n370X+420*3\/2X-45,000-35,000-400,000=0<br \/>\nX=480\u3001Y=720\u3001\u58f2\u4e0a=600*480+560*720=691,200,000<\/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>1,597\u57fa<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u8a08\u7b97\u904e\u7a0b<\/strong><\/p>\n<p>\u9650\u754c\u5229\u76ca\/\u30ad<br \/>\nX:600-230*1.05=358.5<br \/>\nY:560-140*1.05=413<br \/>\nX\u306e\u8ca2\u732e\u5229\u76ca=358.5*500-45,000=134,250<br \/>\nY\u306e\u8ca9\u58f2\u6570\u91cf\u3092Y\u3068\u3059\u308b\u3068\u3001<br \/>\n413*Y-35,000-400,000-1.1-134,250=50,000<br \/>\nY=1596.2\u22521,597<\/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>282\u57fa<\/td>\n<\/tr>\n<tr>\n<td style='white-space:nowrap'>\u2461\u88fd\u54c1Y\u8ca9\u58f2\u6570\u91cf<\/td>\n<td>844\u57fa<\/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<p>\u9650\u754c\u5229\u76ca\/\u30ad<br \/>\nX:358.5<br \/>\nY:650-140*1.05=503<br \/>\n\u6642\u9593\u3042\u305f\u308a\u9650\u754c\u5229\u76ca<br \/>\nX:358.5\u00f70.5=717\u5343\u5186\/h<br \/>\nY:503\u00f70.5=1,006\u5343\u5186\/h<br \/>\nY\u3092Y\u30b3\u3068\u3059\u308b\u3068\u3001X=(X+Y)*0.25\u2192X=1\/3Y<br \/>\nX\u30921\/3Y\u30b3\u3001Y\u3092Y\u30b3\u751f\u7523\u3059\u308b\u3068<br \/>\n358.5\u00d71\/3Y+503\u00d7Y-45,000-40,000-440,000=0<br \/>\nY=844<\/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\u5343\u5186\u00d7(1-0.3)=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>\u5e74\u9593CF={(300-120)*300-30,000-2,400}*0.7+15,000\u00d70.3=19,620\u5343\u5186\/\u5e74<br \/>\n1\u5e74\u672bCF=19,620-9,000=10,620\u5343\u5186<br \/>\n2,3\u5e74\u672bCF=19,620\u5343\u5186<br \/>\n4\u5e74\u672bCF=19,620+4,200+9,000=32,820\u5343\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>NPV=\u25b260,000+10,620*0.962+19,620*(0.925+0.889)+32,820*0.855=13,868.22\u5343\u5186<\/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\u304b\u3089\u306e\u501f\u5165\u3092\u3059\u308b\u3002\u7406\u7531\u306f\u3001D\u793e\u306f\u3001\u8ca0\u50b5\u6bd4\u7387\u3084\u6d41\u52d5\u6bd4\u7387\u304c\u826f\u304f\u5b89\u5168\u6027\u304c\u9ad8\u304f\u3001\u652f\u6255\u5229\u606f\u3082\u5c11\u306a\u304f\u3001\u554f\u984c\u304c\u5c11\u306a\u3044\u3068\u8003\u3048\u308b\u305f\u3081\u3002<\/p>\n<p><strong>\uff08\u8a2d\u554f\uff12\uff09<\/strong><\/p>\n<p>\u70ba\u66ff\u30ea\u30b9\u30af\u3068\u5728\u5eab\u30ea\u30b9\u30af\u3002\u524d\u8005\u306f\u70ba\u66ff\u4e88\u7d04\u3084\u30aa\u30d7\u30b7\u30e7\u30f3\u5229\u7528\u3001\u5f8c\u8005\u306f\u5e02\u5834\u8abf\u67fb\u5fb9\u5e95\u3068\u8ca9\u58f2\u9032\u6357\u7ba1\u7406\u5fb9\u5e95\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 \u8ca0\u50b5\u6bd4\u7387 21.76% \u2461\u52a3\u308b\u6307\u6a19 \u6709\u5f62\u56fa\u5b9a\u8cc7\u7523\u56de\u8ee2\u7387 1.85\u56de \u2462\u52a3\u308b\u6307\u6a19 \u58f2\u4e0a\u9ad8\u7dcf\u5229\u76ca\u7387 35.85% \uff08\u8a2d\u554f\uff12\uff09 \u4ecf\u5177\u9700\u8981\u4f4e\u8ff7\u3084\u7af6\u4e89\u74b0\u5883\u6fc0\u5316 [&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":"69","footnotes":""},"categories":[345],"tags":[],"class_list":["post-20324","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\/20324","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=20324"}],"version-history":[{"count":1,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/20324\/revisions"}],"predecessor-version":[{"id":21247,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/20324\/revisions\/21247"}],"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=20324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/categories?post=20324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/tags?post=20324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}