{"id":20415,"date":"2026-05-16T14:55:03","date_gmt":"2026-05-16T05:55:03","guid":{"rendered":"https:\/\/www.aas-clover.com\/tokyoblog\/20415"},"modified":"2026-05-16T15:58:12","modified_gmt":"2026-05-16T06:58:12","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%b9-70%e7%82%b9%ef%bc%89-7","status":"publish","type":"post","link":"https:\/\/www.aas-clover.com\/tokyoblog\/20415","title":{"rendered":"R07\u5e74\u5ea6\u4e8b\u4f8b\uff14\uff08\u5f97\u70b9 70\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\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>\u7af6\u5408\u304c\u6d77\u5916\u751f\u7523\u3067\u4f4e\u4fa1\u683c\u88fd\u54c1\u3092\u8ca9\u58f2\u3057\u3066\u3044\u308b\u306e\u306b\u5bfe\u3057\u3001\u8a2d\u5099\u3092\u4fdd\u6709\u3057\u81ea\u793e\u751f\u7523\u3068\u8077\u4eba\u306e\u624b\u4ed5\u4e8b\u306b\u62d8\u308a\u539f\u6750\u6599\u306e\u9ad8\u9a30\u3092\u53d7\u3051\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>X2\u57fa\u3001Y3\u57fa\u30921\u30bb\u30c3\u30c8\u3068\u3059\u308b\u3068<br \/>\n\u58f2\u4e0a\uff1a600\u00d72+560\u00d73\uff1d2880\u5343\u5186<br \/>\n\u5909\u52d5\u8cbb\uff1a230\u00d72+140\u00d73=880\u5343\u5186<br \/>\n\u9650\u754c\u5229\u76ca\uff1a2880-880=2000\u5343\u5186<br \/>\n\u9650\u754c\u5229\u76ca\u7387\uff1a200\/288<br \/>\n\u5168\u4f53\u56fa\u5b9a\u8cbb\uff1a400,000+45,000+35,000=480,000\u5343\u5186<br \/>\n\u640d\u76ca\u5206\u5c90\u70b9\u58f2\u4e0a\uff1d480,000\u00f7200\/288\uff1d691,200\u5343\u5186<br \/>\n\u3046\u3061X\u306e\u58f2\u4e0a\uff1a691,200\u00d71200\u00f72880=288,000\u5343\u5186\u21d2480\u57fa<br \/>\n\u3046\u3061Y\u306e\u58f2\u4e0a\uff1a691,200\u00d71680\u00f72880=403,200\u5343\u5186\u21d2720\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>X\u306e\u5909\u52d5\u8cbb\uff1a241.5\u5343\u5186\/\u57fa\u21d2\u9650\u754c\u5229\u76ca358.5\u5343\u5186\/\u57fa<br \/>\nY\u306e\u5909\u52d5\u8cbb\uff1a147\u5343\u5186\/\u57fa\u21d2\u9650\u754c\u5229\u76ca413\u5343\u5186\/\u57fa<br \/>\n\u5168\u4f53\u56fa\u5b9a\u8cbb\uff1a520,000\u5343\u5186<br \/>\nX\u306e\u9650\u754c\u5229\u76ca\uff1a358.5\u00d7500=179,250\u5343\u5186<br \/>\nY\u306e\u76ee\u6a19\u9650\u754c\u5229\u76ca\uff1a520,000+50,000-179,250=390,750\u5343\u5186<br \/>\n\u57fa\u6570\u306f\u3001390,750\u00f7413=946.125\u2026\u2252947\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>X\u306b\u3064\u3044\u3066<br \/>\n\u58f2\u4e0a600\u5343\u5186\/\u57fa\u3001\u5909\u52d5\u8cbb241.5\u5343\u5186\/\u57fa\u3001\u9650\u754c\u5229\u76ca358.5\u5343\u5186\/\u57fa\u21d2717\u5343\u5186\/h<br \/>\nY\u306b\u3064\u3044\u3066<br \/>\n\u58f2\u4e0a650\u5343\u5186\/\u57fa\u3001\u5909\u52d5\u8cbb147\u5343\u5186\/\u57fa\u3001\u9650\u754c\u5229\u76ca503\u5343\u5186\/\u57fa\u21d21676.66\u5343\u5186\/h<br \/>\n\u3088\u3063\u3066Y\u3092\u512a\u5148\u3057\u3066\u88fd\u9020\u3059\u3079\u304d\u3002<br \/>\n\u5236\u7d04\u304b\u3089\u3001X\uff1aY\uff1d\uff11\uff1a\uff13\u3067\u88fd\u9020\u3059\u308b\u3002<br \/>\nX1\u57fa\u3001Y3\u57fa\u30921\u30bb\u30c3\u30c8\u3068\u3059\u308b\u3068\u3001<br \/>\n\u9650\u754c\u5229\u76ca\uff1a358.5\u00d71+503\u00d73\uff1d1867.5\u5343\u5186\/\u30bb\u30c3\u30c8<br \/>\n\u76f4\u63a5\u4f5c\u696d\u6642\u9593\uff1a0.5\u00d71+0.3\u00d73=1.4h<br \/>\n\u88fd\u9020\u53ef\u80fd\u30bb\u30c3\u30c8\u6570\uff1a700\u00f71.4=500\u30bb\u30c3\u30c8<br \/>\n\u3088\u3063\u3066\u3001X500 \u57fa\u3001Y1500\u57fa<br \/>\n\u56fa\u5b9a\u8cbb\u306f525,000\u5343\u5186<br \/>\n\u7dcf\u5229\u76ca\u306f1867.5\u00d7500-525000=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\u53ce\u76ca6,000,000-\u58f2\u5374\u76ca\u306b\u5bfe\u3059\u308b\u8ab2\u7a0e1,800,000\uff1d4,200,000<\/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>\u55b6\u696dCF\u306b\u3064\u3044\u3066<br \/>\n\u58f2\u4e0a90,000\u5343\u5186\u3001\u5909\u52d5\u8cbb36,000\u5343\u5186\u3001\u696d\u52d9\u8cbb30,000\u5343\u5186\u3001\u6e1b\u4fa1\u511f\u537415,000\u5343\u5186\u21d2\u7a0e\u5f15\u304d\u524d\u5229\u76ca9,000\u5343\u5186\u21d2\u7a0e\u5f15\u304d\u5f8c\u5229\u76ca6,300\u5343\u5186\u21d2\u55b6\u696dCF21,300\u5343\u5186<br \/>\n\u521d\u5e74\u5ea6\uff1a\u904b\u8ee2\u8cc7\u91d1\u25b29,000\u5343\u5186\u3092\u8003\u616e\u3057\u300112,3000\u5343\u5186<br \/>\n2\u5e74\u76ee\uff5e3\u5e74\u76ee\uff1a21,300\u5343\u5186<br \/>\n4\u5e74\u76ee\uff1a\u904b\u8ee2\u8cc7\u91d1\u6539\u4fee9,000\u5343\u5186\u3001\u8ab2\u7a0e\u8003\u616e\u3057\u305f\u58f2\u5374CF\u306f\u8a2d\u554f\uff11\u306e4,200\u5343\u5186\u3092\u8003\u616e\u305734,500\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>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>\u6295\u8cc7\u3057\u305f\u5834\u5408\u306eNPV\u2460\u306f<br \/>\nNPV\u2460\uff1d-60,000\uff0b12,300\u00d70.962+21,300\u00d7\uff080.925+0.889\uff09\uff0b34,500\u00d70.855\uff1d19,968.300<br \/>\n\u6295\u8cc7\u3057\u306a\u3044\u5834\u5408\u306eNPV\u2461\u306f\u3001<br \/>\nNPV\u2461\uff1d2,400\u00d73.631=8,714.4<br \/>\nNPV\u2460\uff1eNPV\u2461\u306e\u305f\u3081\u3001\u63a1\u7528\u3059\u308b<\/p>\n<h4>\u7b2c\uff14\u554f\uff08\u914d\u70b920\u70b9\uff09<\/h4>\n<p><strong>\uff08\u8a2d\u554f\uff11\uff09<\/strong><\/p>\n<p>\u501f\u5165\u3068\u7b2c\u4e09\u8005\u5272\u308a\u5f53\u3066\u306e\u5897\u8cc7\u3092\u6d3b\u7528\u3059\u308b\u3002\u7406\u7531\u306f\u501f\u5165\u306b\u3088\u308a\u7a0e\u52b9\u679c\u3067\u53ce\u76ca\u6539\u5584\u3067\u304d\u308b\u304c\u8fd4\u6e08\u5229\u606f\u306b\u3088\u308a\u8d64\u5b57\u30ea\u30b9\u30af\u304c\u3042\u308b\u305f\u3081\u3001\u8fd4\u6e08\u4e0d\u8981\u306a\u5897\u8cc7\u3067\u30d0\u30e9\u30f3\u30b9\u3059\u308b\u3002<\/p>\n<p><strong>\uff08\u8a2d\u554f\uff12\uff09<\/strong><\/p>\n<p>\u30ea\u30b9\u30af\u306f\u70ba\u66ff\u30ea\u30b9\u30af\u3068\u5728\u5eab\u30ea\u30b9\u30af\u3002\u5bfe\u51e6\u306f\u70ba\u66ff\u4e88\u7d04\u3084\u30d7\u30c3\u30c8\u30aa\u30d7\u30b7\u30e7\u30f3\u3092\u6d3b\u7528\u3057\u70ba\u66ff\u5dee\u640d\u56de\u907f\u3001\u6d77\u5916\u306e\u9700\u8981\u8abf\u67fb\u3092\u884c\u3044\u904e\u5270\u5728\u5eab\u3092\u9632\u3050\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\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 \u7af6\u5408\u304c\u6d77\u5916\u751f\u7523\u3067\u4f4e\u4fa1\u683c [&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":"70","footnotes":""},"categories":[345],"tags":[],"class_list":["post-20415","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\/20415","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=20415"}],"version-history":[{"count":1,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/20415\/revisions"}],"predecessor-version":[{"id":21173,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/posts\/20415\/revisions\/21173"}],"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=20415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/categories?post=20415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aas-clover.com\/tokyoblog\/wp-json\/wp\/v2\/tags?post=20415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}