ドン・キホーテ（7532）
Contents
1. 2012 6 2012 82. 1 7649
3. SR Inc SR Inc
4. GMS 1 9831 1 9843 s Shared Research http Ww
5. 1 MEGA 2000
6. Strengths
7. 20 7532 SR Research Report 2013 12710
8. SR s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013 12710
9. Weaknesses MEGA
10. 1996 2000 1
11. SKU MEGA PAW
12. SR 2013 6 164
13. M amp A 56 2 MEGA M amp A 2007
14. 1989 1 1 3 2001 12 1 1 1
15. 11 2 8 5 37 010 6 2 26 4 0 6 1 PB 9 6
16. s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013712710 4 200 7 2013 7 1 2014 6 New MEGA 7 0 1 1 1
17. 2008 6 DTIY 2006 6 18 69 2009 6 22 99 2013 6 20 79
18. 4 USA 2006 1 2013 3 5 6 M amp A 31
19. SR
20. 25 4 2015 6 30 10 6 13
21. 11 777 1 3 2012 12 249 2012 6 242 2013 6 2 9 1 4 40 64 7532 SR Research Report 2013 12710 4 MEGA 1 2 1 MEGA 2
22. 1960 SR 1990 2000
23. 2006 11 DIY 24 149 1 620 90 1 175 m 4 169 m 2007 6 Do It Yourself DIY Do It Myself SR
24. s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013 12710 2013 6 3 2013 5 7 2013 6 3 2013 6 3 428 070 4 8 26 138 12 3 26 728 17 19 16 333 2 79 7 0 7 1 0 0 3
25. GCA TOKAI
26. s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7 7532 SR Research Report 2013 12710 je SR SKU 4 SKU
27. http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12 10 2012 8 20
28. 2005 2007 10 Shared Yesearch http Wwww sharedresearch jp
29. 113 074 7 4 26 4 9 25 8 3 1 3 9 6 1 3 1 19 6 0 4 8 10 0
30. M amp A M amp A 7532 SR Research Report 2013 12710 2014 6 14 6 13 6 289 644 278 733 568 377 304 000 292 300 596 300 4 6 5 9 5 2 5 0 4 9 4 9 213 458 205 112 418 570 223 600 214 700 438 300 76 186 73 621 149 807 80 400 77 600 158 000 6 1 8 7 7 4 5 5 5 4 5 5 26 3 26 4 26 4 26 4 26 5 26 5 57 513 59 925 117 438 60 900 63 600 124 500 19 9 21 5 20 7 20 0 218 20 9 18 673 13 696 32 369 19 500 14 000 33 500 8 5 13 2 10 4 4 4 2 2 3 5 6 4 4 9 5 7 6 4 4 8 5 6 19 075 14 126 33 201 19 800 14 200 34 000 16 0 10 1 13 4 3 8 0 5 2 4
31. SR MEGA MEGA MEGA 1 2008 4 Shar ed Gesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 MEGA MEGA 2 1 2
32. 300 500 m 3 1 4 1 DIY 2013 6 13 24 2 800 m 2 3 SR MEGA 2013 6 4 SW Strengths Weaknesses
33. 6 59 5 19 2 6 7 2 5 AV POSA 2
34. 149 807 7 4 1196 9 69 3 26 4 25 8 6 99 4
35. 2013 6 23 09 22 19 9 8 28 59 http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013712710
36. 29 7 2013 11 1 2 2013 MARUKAI 233 2013 11 3 3 5 150 200
37. 2014 6 1 2013 11 5 2014 6 1 146 514 4 4 10 140 23 0 10 433 24 7 6 416 26 6 1 2014 6 304 000 304 000 19 500 19 000 19 800 19 200 12 300 12 000 0 3 0 4 0 7 PB 39 880 7 8
38. 10 3 4 31 0 6 2014 6 1 43 252 MARUKAI CORPORATION MARUKAI 14 266 1 2014 4
39. 30 409 CV D A
40. 7532 SR Research Report 2013712710 1 2 197 17 3 0 541 1 508 967 7 69 5 396 09 6 10 6 11 6
41. 1 2 3 4 3 4 346 559 6 1 19 685 14 4 19 387 1 7 768 49 1 124 377 2 9 748 2010 6 1 881 Don Quijote USA 15 226 11 8 754 5 0
42. 20 49 2011 6 5 49 2011 6 5 09 1 782 2 499 56 79 19 845 2012 6 40 5 GMS 35 MEGA MEGA 35 2011 7 2012 6 MEGA 35 2010 7 2011 6 8 9 22 6 21 596 19 0 18 996 3 6 2 69 2012 6 242 2011 6
43. Shared Researcn SR Inc SR Inc SR Inc SR Inc SR Tnc
44. 2010 12 15 1 8423 20 222 223 1 9 000 2011 1 27 859 17 48 69 2010 10 2010 10 15 1 8423 2009 4 27
45. 27 29 26 4 http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved Shased 7532 SR Research Report 2013712710 2011
46. 35 10 0 1989 1 3 1 2 3
47. 2 422 500 Deutsche Bank AG London branch 2010 6 11 6 14 2 367 2 466 4 019 6 5 675 190 750 2010 6 8 632 1
48. A Shar ed esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 20 259
49. 2010 9 17 2004 1 26 2011 120 2011 8 620 2010 9 15 2010 10 29 500 500 2011 4 Shared 6Qesearch http 7 www sharedresearchjp Copyright C 2013 Shared Research Inc All Rights Reserved 60764 we 7532 SR Research Report 2013712710 2004 1 26 2011 1 26 17 000 1 821 2010 6 2010 6 11
50. 100 2011 9 22 2012 9 21 2011 5 2011 5 31 7532 SR Research Report 2013712710 3 840 2011 6 6 19 196 14 19 2010 12 2010 12 30 CCO
51. SC 1 000 15 000 2 000 3 000 5 000 New MEGA 2013 6 2013 8 2014 4 2014 6 25 2015 6 26 30
52. 10 6 13 2 20 lt 30
53. 2013 11 11 0 1 0 1 Shared leSearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12 10 13 6 14 6 14 6 le 2Q kie Ne 1Q 2Q Eile 4Q 140 379 149 265 138 426 140 307 146 514 48 2 304 000 yoy 41 51 54 63 44 50 37 010 39 176 36 888 36 733 39 880 yoy 62 0 102 Z9 Z9 26 4 26 2 26 6 26 2 27 2 28 766 28 747 29 423 30 502 29 740 yoy 63 44 Z2 82 34 20 5 19 3 21 3 21 7 20 3 8 244 10 429 7 465 6 231 10 140 52 0 19 500 yoy 60 105 234 29 230 44 5 9 70 5 4 44 6 9 8 366 10 709 7 653 6 473 10 433 52 7 19 800 yoy 120 184 200 2 247 28 60 72 5 5 4 6 7 1 5 069 6 708 4 556 4 808 6 416 52 2 12 300 yoy 240 275 4 147 221 26 6 3 6 4 5 3 3 3 4 44 SR
54. 0 7 0 8 MEGA 0 9 a 38 64 7532 SR Research Report 2013712710 2 8 PM2 5 rT 8922 4 3 13 16 4 3 8 8 New MEGA 6
55. 33 500 3 5 5 69 0 1 21 500 1 7 2013 6 180 350 20 q 2014 6 33 12 0 12 1 2013 12 2 JAM
56. 7532 SR Research Report 2013 12710 15 ROE 20 ROIC 0 nnntnotntotctctctcthththlhlhlhlhlhlilititit 09 6 10 6 11 6 12 6 13 6 Pl 448 000 497 000 510 000 528 900 560 000 480 856 487 571 507 661 540 255 568 377 7 3 1 9 0 5 2 1 1 5 17 000 18 000 23 000 27 000 30 500 17 172 21 067 25 336 29 320 32 369 1 0 17 0 10 2 8 6 6 1 18 000 17 800 22 000 26 800 30 300 15 989 21 109 25 138 29 283 33 201 11 2 18 6 14 3 9 3 9 6 10 300 10 000 11 600 14 000 20 000 8 554 10 238 12 663 19 845 21 141
57. 26 6 5 1 4 0 42 6 19 79 102 2010 6 228 MEGA 2010 6 162 2009 6 12 s Shared 6Qesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013 12710 42 220 2009 6 2 8 1 7 MEGA 10
58. Shared Yesearch http Www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved e gt 7532 SR Research Report 2013 12710 2005 1997 6 7 2000 6 27 2001 6 2006 6 15 PARO
59. 3 5 3 49 OEM 6 3 2013 6 1 3 2012 6 4 2012 6 29 3 5 9 0 1 5 069 24 09 2012 9 243 2012 6 242 2013 6 1 3 MEGA 3 2
60. 7 23 100 09 2011 6 MEGA New MEGA 2 000 m 2012 7 1 2012 6 2013 6 2013 7 1 2014
61. 2013 4 2013 4 8 2013 4 8 C O 0 C E O CEO C 1 0 C00 2013 4 8 2012 8 2012 8 15 2012 6 2012 6 f a Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 8764 w s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013712710 540 000 531 000 29 300 28 500 29 200 27 500 19 800
62. 158 000 5 5 26 59 26 49 26 6 0 1 2013 6 11 PB SPA 39 OEM 8 4 2014 4 PB
63. 2013 12 2 2014 6 1 201 4 6 1 2013 11 11 2013 10 2013 11 5 2014 6 1 2013 10 10 2013 9 3 amp Shared esearch http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013 12 10 7 8 9 10 11 12 1 2 3 4 5 6 5 2 8 2 4 3 5 1 4 9 200 201 200 203 208 0 5 1 8 0 6 0 0 0 0 0 0 1 1 2 5 0 4 0 1 0 5 0 6 2 0 0 4 0 1 184 185 185 186 187 0 9 3 7 2 4 0 6 0 5 5 7 10 0 4 1 8 2 6 2 6 6 9 6 3 3 5 1 6 8
64. 2013 6 2 EPS 562 000 31 000 31 000 20 100 260 3 560 000 30 500 30 300 20 000 259 3 0 4 1 6 2 3 0 5 540 255 29 320 29 283 19 845 257 5 4 0 5 7 5 9 1 3 SR 2013 6 1 2012 11 6 2013 6 1 2013 6 1 140 379 4 19 8 244 6 0 8 366 13 0 5 069 24 09 1 6 1 69 0 1
65. 6 11 7532 SR Research Report 2013 12710 09 6 10 6 11 6 12 6 13 6 G 2 590 424 602 725 637 867 684 400 719 695 3 5 2 1 5 8 7 3 5 2 239 180 270 019 290 064 335 010 385 399 11 0 12 9 7 4 15 5 15 0 580 304 596 575 620 296 661 134 702 048 38 9 2 8 4 0 6 6 6 2 227 370 254 600 280 042 312 537 360 205 17 2 12 0 10 0 11 6 15 3 829 817 818 817 810 14 5 1 4 0 1 0 2 09 219 207 208 211 213 15 7 5 6 0 5 14 1 1 30 35 41 44 46 22 6 19 3 15 7 8 6 40 122 125 132 127 122 24 5 2 5 54 3 8 3 2 304 311 358 359 363 22 9 2 3 15 1 0 3 1 1 1 355 1 283 1 238 1 178 1 095 9 6 5 3 3 6 4 8
66. 2000 2000 6 2000 6 27 2012 6 185 09 6 10 6 11 6 12 6 13 6 26 5 25 3 25 4 25 8 26 4 22 9 21 0 20 4 20 4 20 7 3 6 4 3 5 0 5 4 5 7 3 3 4 3 5 0 5 4 5 8 1 8 2 1 2 5 3 7 3 7 09 6 10 6 11 6 12 6 13 6 ROA 2 9 3 4 3 7 5 5 5 5 ROE 9 3 9 5 10 0 14 9 13 7 SR
67. 1 30 2 PB 3 24 2013 6 20 1 9843 1 9989 1 8279 3 30 PB 5 000 PB PB
68. 233 2013 11 2012 11 2 319 58 2 51 4 3 3 59 150 200 30 409 2013 10 866 1 10 23 49
69. 13 6 15 8 1 8 50 3 MEGA 1 2 0 5 0 7 21 09 1 9 0 5 1 4 3 69 4 39 211 22 7
70. 42 8 57 29 New MEGA 36 7 63 396 MEGA 29 99 70 199 2012 12 31 42 8 57 2 New MEGA 36 7 63 3 New MEGA 0 20 0 20 2 4 0 20 0 20 Sa 5 21 30 21 30 8 0 21 30 1 OO 31 40 7 31 40 31 40 9 6 41 50 41 50 10 5 41 50 41 gt 50 ESSWWPYYY14 3 51 5 5 1 51 40 51 5 8 0 5 10 15 20 25 30 10 15 20 25 30 MEGA 29 9 70 1 MEGA 25 30 SR 5 3
71. 7 5 49 MEGA 0 4 3 99 AV gt SadQeweami http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 4 8 5 19
72. amp 2013 12 JAM ABL 2013 11 REIT 2010 6 2014 6 SR Shased 7532 SR Research Report 2013712710
73. 2014 6 20 30 2013 11 1 MEGA New MEGA MEGA New MEGA s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013 12710
74. 5 69 2009 6 69 2010 6 1 881 2009 6 25 5 6 SR 2008 4 MEGA 2010 8 MEGA MEGA
75. EPS 478 2 CAGR 14 5 Shared Gcseareh http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 09 6 10 6 11 6 12 6 13 6 CF A 19 513 18 885 26 029 33 962 38 270 CF B 29 855 16 497 44 789 29 794 23 293 FCF A B 10 342 2 388 18 760 4 168 14 977 CF 14 316 5 475 7 274 4 637 9 510 A 8 040 8 966 9 051 9 617 10 423 B 17 757 19 540 34 382 18 307 28 204 C 1 565 1 626 7 910 0 405 FCF A B C 2 728 1 962 20 578 11 155 3 765 SR
76. 2011 6 3 000 3 000 2013 1 500 2020 2 000 2012 837 2010 861 2 3 MARUKAI 2016 6 2 9 M amp A PB
77. sShared 6Qesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved amp w 7532 SR Research Report 2013 12710 2013 6 MEGA 2 M amp A M amp A 2013 3 1 9304 724 1 9 52 2013 2 1 8245 333 2 2 559 3 USA 2013 7 Pan Pacifi
78. MEGA 2 3 400 m MEGA 2 860 m MEGA 2 2 590 rm 2 3 3 24 New MEGA 7
79. PAW 2006 M amp A MEGA MEGA New MEGA 2011 2 000 m 2013 9 30 Marukai 2014 6
80. 6 0 New MEGA 16 333 2 7 2013 3 252 2012 6 242 2013 6 3 13 6 New Mega 7 3 3 1 3 0 19 4 2 1 New Mega 2 s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w gt
81. 19 2002
82. 76 186 6 19 26 39 25 9 11 lt 1296 9 6 Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 1 69 5 4 4 7 10 11 10 3
83. M amp A M amp A 1 9983 1 8227 Shared Yesearch http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved e 7532 SR Research Report 2013 12710
84. 0 5 9 49 6 5 New MEGA LED 16 21 141 6 5 2013 6 255 2012 6 242 2013 6 4 4 6 3 1 New Mega 1 1 4 4 6 4 0 6 5 2 8
85. 5 4 9 1 1 8 4 4 4 4 8 6 6 8 0 4 4 9 5 5 13 3 12 0 103 4 7 9 5 7 02 03 04 05 06 07 08 09 10 11 12 13 22 2 37 6 20 3 19 8 11 8 7 2 6 5 5 9 6 1 5 9 6 2 7 1 53 70 93 107 122 135 148 150 162 169 185 200 1 4 1 8 2 4 2 0 2 9 0 4 3 3 0 5 1 5 3 4 0 5 0 1 1 2 0 5 2 8 0 3 0 4 0 7 2 2 4 5 3 8 3 1 0 8 0 5 2 5 2 3 0 4 1 7 3 3 1 1 1 2 3 8 5 1 0 3 1 3 0 4 31 48 70 89 104 117 123 144 149 158 164 179 18 5 29 4 17 1 17 0 12 2 4 0 2 7 4 8 3 6 5 1 2 2 0 5 22 6 37 4 15 1 15 5 12 9 10 4 8 2 9 8 9 1 7 9 6 7 7 9 27 7 42 0 25 6 23 1 9 2 5 1 10 9 20 8 14 4 4 5 7 3 8 9 28 0 48 1 25 6 23 4 14 0 7 0 6 3 0 0 1 7 4 3 11 9 11 2 10 6 24 8 18 6 14 1 7 2 13 3 5 5 4 1 5 5 8 2 2 0 8 3 8 9 28 1 6 0 19 4 7 8 1 3 0 1 10 4 21 7 29 7 10 9 22 6 SR
86. 16 6 CV D A sShared 6Qesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved amp w 7532 SR Research Report 2013 12710 M amp A
87. 2009 4 2004 6 7532 79 EPS 500 3 3 000 2 20 2005 6 2004 12 2 3 8 2005 8 s Share
88. 1 2013 6 New MEGA 2014 6 2020 2013 esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved Shared 6Qesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013 12710 112
89. 5 19 3 8 0 2 2009 6 4 79 2010 6 5 396 172 81 79 2 3 SR 2010 6 1 209 1 6 4 MEGA
90. SR Inc 3 31 12 03 5834 8787 http www sharedresearch jp Email info sharedresearch jp 64 64 Shared Yesearch http Www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w
91. 9 3 8 5 1 0 3 1 3 0 4 SR 2013 6 200 PAW 6 2012 6 242 2013 6 244 1 000 1 500 mi 4 6 SKU POP
92. 2000 6 2013 6 CGAR 219 2006 2007 2011 6 http
93. 2 9 2014 6 Marukai 2016 6 2 9 M amp A SG amp A 124 500 6 0 20 9 0 2 s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013712710 1 0 2 10 500 4 7
94. 20 3 25 336 1 894 682 5 379 2010 6 2010 6 5 156 1 388 2010 6 892 23 7 12 663 25 4 2010 6 25 3 0 19
95. DVD PAW PAW 2008 6 28 PAW MEGA PAW Shared 6Qesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013 12710
96. 2 3 4 9 8 15 Ni New MEGA 6 4 3 69 6 2 8 79 7 2013 12 Pan Pacifi
97. 2 4 IR gt SadQeweami http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 153 0042 2 19 10 03 5725 7532 1 1980 9 5 1996 12 17 HP 6 IR IR http www donki com group http www donki com gr
98. 1 7 1 9 2 3 25 1 8 10 3 21 7 29 7 13 1 22 6 5 578 5 796 5 813 5 862 6 070 1 8 1 8 1 7 1 6 1 5 4 0 3 9 0 3 08 35 SR 2000 23 259 6 2000 6 17
99. esearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 2013 6 PB 119 4 5 30 309 1 9983 PB SC SC
100. 2007 2005 SR
101. 6 6 5 1 5 8 6 5 4 9 5 7 11 777 9 364 21 141 12 300 9 200 21 500 1 3 18 4 6 5 4 4 1 8 1 7 SR 2014 6 596 300 4 9 20 q 0 2 0 2 0 0 3 4 15 New MEGA 5 2 3
102. 15 7 29 283 16 5 19 845 56 7 0 5 0 896 1 3 MEGA 9 2 25 8 2011 6 0 4 20 6 3
103. 16 9 2 4 9 2 41 8 5 7 SR http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 09 6 10 6 11 6 12 6 13 6 42 563 41 734 35 031 34 237 31 698 4 612 4 045 4 585 4 889 5 371 70 651 74 452 81 582 83 641 85 997 5 976 7 967 13 317 16 049 20 325 123 802 128 198 134 515 138 816 143 391 114 378 123 734 154 870 169 336 186 094 2 960 2 721 6 461 10 266 11 974 12 055 6 297 4 362 3 779 5 137 36 846 33 674 33 303 32 286 31 762 56 387 47 376 45 454 44 233 45 163 173 725 173 831 206 785 223 835 243 231 297 527 302 029 341 300 362 651 386 622 41 062 42 670 42 430 44 793 48 036 50 562 61 664 39 631 49 046 46 492 19 259 17 671 24 010 26 404 26 642 110 883 122 005 106 071 120 243 121
104. 2 2 11 2013 11 18 2013 http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 9 2020
105. 1 1 3 12 439 mm 2 10 2012 2 2013 6 1 2012 11 2013 6 1 SR s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013 12710 2012 6 2012 8 17 2012 6 540 255 6 4 29 320
106. 16 7 New MEGA 8 1 4 3 255 26 49 0 6
107. 2013 6 MEGA Essence 2012 6 300 m 1 000 m 10 000 20 000 2013 6 3 SR PAW
108. 4 44 64 7532 SR Research Report 2013 12710 15 7 MEGA 3 4 WR1 7 1 1 2 MEGA 1 WR1 2011 6 8 2011 6 228 2010 6 220 2011 6 MEGA 9 2010 6 2010 8 18 2010 6 4 876 1 49 211 22 7 211 32 0 102 19 7 1 4 4 876 1 59 2
109. 1 079 661 318 2010 6 70 51 09 6 1 6 5 0 72 9 47 9 111 7 31 0 91 4 SR 10 6 1 6 4 9 74 6 44 1 105 1 35 6 69 4 11 6 1 5 4 6 78 7 49 9 126 8 37 2 77 5 12 6 1 5 4 8 76 2 45 9 115 4 39 5 67 6 13 6 1 5 4 9 75 0 47 4 118 3 43 0 56 7 2013 6 465 1 2
110. 2017 6 28 7 000 2012 6 29 6 500 70 59 300 51 2 500 PB 2015 6 2015 6 SR Shared 6Qesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013 12710 k pa Shared search http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 201
111. 4 612 4 045 4 585 4 889 5 371 70 651 74 452 81 582 83 641 85 997 123 802 128 198 134 515 138 816 143 391 297 527 302 029 341 300 362 651 386 622 41 062 42 670 42 430 44 793 48 036 126 725 116 244 133 580 133 342 126 506 207 555 195 269 216 058 216 916 216 444 92 096 107 407 127 087 146 590 167 233 19 513 18 885 26 029 33 962 38 270 29 855 16 497 44 789 29 794 23 293 14 316 5 475 7 274 4 637 9 510 ROA 2 9 3 4 3 7 5 5 5 5 ROE 9 3 9 5 10 0 14 9 13 7 31 0 35 6 37 2 39 5 43 0 SR eSsearch http Www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013712710 2013 12 10 2013 11
112. 1 MEGA 5 4 5 1 2013 6 MEGA 56 3 30 ROI 2013 6 MEGA 8 MEGA 3 000 9 000 m MEGA 24 6 50 69 27 49 6 MEGA 17 1
113. e Shared Gcseareh http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12 10 MEGA 09 6 10 6 11 6 12 6 13 6 116 126 149 157 165 23 23 11 11 11 14 14 MEGA 21 27 43 49 56 11 12 16 14 13 31 17 6 5 4 1 DQ USA 4 4 3 3 3 218 220 228 242 255 150 162 169 185 200 6 14 10 21 16 4 2 3 5 1 144 149 158 164 179 9 0 5 1 5 3 4 0 5 0 1 9 4 5 3 8 3 1 0 8 0 5
114. Shared Gcsearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 2008 6 2007 10 2000 18 55 6881 86 133 30 100 369 108 m PAW 1 i 20 1 m 4 4 000 25 2009 6 MEGA
115. 6 3 2 Shared Yesearch http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved e 7532 SR Research Report 2013712710 1 09 3 4 4 496 4 79 VTR 24 24 25 2013 6
116. 0 6 0 3 0 8 0 9 0 9 47 8 39 2 150 1 19 3 3 4 SR leSearch http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 09 6 10 6 11 6 12 6 13 6 307 997 326 708 346 559 368 109 394 261 100 0 100 0 100 100 100 5 9 6 1 6 1 62 71 49 526 47 704 50 124 48 608 48 379 16 1 14 6 14 5 13 2 12 3 4 8 3 7 5 1 3 0 05 74 976 81 789 88 265 94 074 101 490 24 3 25 0 25 5 25 6 25 7 9 8 9 1 79 66 79 69 363 79 373 82 959 88 745 96 662 22 5 24 3 23 9 24 1 24 5 20 8 14 4 4 5 70 8 9 80 622 81 755 85 295 95 188 105 894 26 2 25 0 24 6 25 9 26 9 0 0 1 4 4 3 11 6 11 2 22 822 24 074 26 041 26 513 28 707 7 4 7 4 75 72 73 4 1 5 5 82 1 8 8 3 5 110 6 217 8 062 9 119 7 060
117. 2013 11 30 409 2011 6 3 000 3 000 2013 1 500 2020 2 000 s Shared 6Qesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013 12710 2013 6 2013 8 16 2013 6 568 377 5 2 32 369 10 4 33 201 13 49 21 141 6 5 0 19 0 5 0 4
118. 13 2012 8 PAW 10 15
119. 6 Pan Pacific International Holdings Pte Ltd PPI Pan Pacific International amp Co 11 MARUKAI amp 2013 7 2013 7 26 w es a T FF sShared Wesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013712710 Pan Pacific Interna
120. www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 1980 509 8 1989 1 POP
121. 12 6 13 6 14 6 a 480 856 487 571 507 661 540 255 568 377 596 300 18 8 1 4 4 1 6 4 5 2 4 9 353 616 364 065 378 587 400 712 418 570 438 300 127 240 123 506 129 074 139 543 149 807 158 000 110 068 102 439 103 738 110 223 117 438 124 500 17 172 21 067 25 336 29 320 32 369 33 500 7 5 22 7 20 3 15 7 10 4 3 5 2 682 2 900 2 699 2 922 2 852 3 865 2 858 2 897 2 959 33 201 15 989 21 109 25 138 29 283 33 201 34 000 7 1 32 0 19 1 16 5 13 4 2 4 2 207 892 1 388 2 499 1 262 3 982 5 156 5 379 1 387 1 081 14 214 16 845 21 147 30 395 33 382 5 344 6 307 7 911 9 658 11 328 316 300 573 892 913 8 554 10 238 12 663 19 845 21 141 21 500 8 1 19 7 23 7 56 7 6 5 1 7 SR 20
122. 228 2012 6 21 11 1 Essence3 MEGA 6 7 2 2 1 Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013 12710 MEGA 1 2011 6 2011 8 18 2011 6 4 19 507 661 3 4 3 1 0 3 9 8
123. sShared Search lt SR Research Report 2013 12 10 7532 sr_inquiries Gsharedresearch jp 7532 SR Research Report 2013 12710 0 4 RR 4 SN 5 Aa 16 SS dee 16 ME UC 27 RS 30 ER GSR SR 33 0 Azaeekeeseekdstikekue 47 1 50 1 53 ReeSSk 54
124. 100 0 18 8 1 4 4 1 6 4 5 2 52 011 51 069 56 210 56 049 55 773 10 8 10 5 11 1 10 4 9 8 0 1 1 8 10 1 0 3 0 5 96 371 103 956 108 691 117 420 125 549 20 0 21 3 21 4 21 7 22 1 21 8 7 9 4 6 8 0 6 9 123 390 140 209 143 569 154 385 161 871 25 7 28 8 28 3 28 6 28 5 45 9 13 6 2 4 7 5 4 8 114 617 105 685 107 833 119 246 130 476 23 8 21 7 21 2 22 1 23 0 15 6 7 8 2 0 10 6 9 4 24 573 26 240 29 564 30 728 33 022 5 1 5 4 5 8 5 7 5 8 12 0 6 8 12 7 3 9 7 5 DIY 20 814 16 020 16 668 17 798 17 193 4 3 3 3 3 3 3 3 3 0 21 4 23 0 4 0 6 8 3 4 18 056 16 967 15 226 12 940 13 731 3 8 3 5 3 0 2 4 2 4 8 9 6 0 10 3 15 0 6 1 12 408 10 042 10 113 11 325 9 314 2 6 2 1 2 0 2 1 1 6 46 0 19 1 0 7 12 0 17 8 15 909 15 737 15 669 15 453 16 370 3 3 3 2 3 1 2 9 2 9 37 7 1 1 0 4 1 4 5 9 2 707 1 646 4 117 4 911 5 078
125. 16 410 2 1 2011 6 21 2 2012 6 2012 6 19 2012 6 1 18 3 21 2 10 1 31 2011 11 2011 11 4 2012 6 1 2012 6 2 2011 9 2011 9 22
126. 54 57 i 61 ER EE 62 TR Seki DD RIE DR ER 62 1 63 s Shar ed 6Qesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w Shared 7532 SR Research Report 2013 12710 09 6 10 6 11 6 12 6 13 6 14 6 480 856 487 571 507 661 540 255 568 377 596 300 18 8 1 4 4 1 6 4 52 4 9 127 240 123 506 129 074 139 543 149 807 158 000 17 0 2 9 4 5 8 1 74 5 5 26 5 25 3 25 4 25 8 26 4 26 5 17 172 21 067 25 336 29 320 32 369 33 500 7 5 22 7 20 3 15 7 10 4 3 5 3 6 43 5 0 5 4 5 7 5 6 15 989 21 109 25 138 29 283 33 201 34 000 7 1 32 0 19 1 16 5 13 4 2 4 3 3 43 5 0 5 4 5 8 5 7 8 554 10 238 12 663 19 845 21 141 21 500 8 1 19 7 23 7 56 7 6 5 1 7 1 8 2 1 2 5 3 7 3 7 3 6 72 022 72 095 77 031 77 135 77 864 EPS 123 7 147 4 167 8 257 5 273 5 276 1 BPS 1 284 2 1 461 1 605 1 856 2 136 DPS 23 0 25 0 28 0 31 0 33 0 33 0 42 563 41 734 35 031 34 237 31 698
127. 7 1 338 322 308 298 285 11 0 4 6 4 5 3 0 4 6 64 68 70 68 65 15 8 5 5 40 3 8 3 7 219 209 200 191 175 18 8 4 7 4 4 4 4 8 7 SR 1 1 ROI
128. M amp A M amp A 2013 GMS 2013 10 PLAY BOY 500 230 SR Pan Pacific International Holdings Pte Ltd 2013 7 9
129. Purchase Amusement Rambling Oasis PAW 2002 6 2 PAW 3 2003 6
130. SadQeweami http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12 10 2014 6 14 2013 5 20 22 2013 6 16 6 New Mega 4 2013 6 3 EPS Plg 563 000 31 300 31 800 20 200 261 0 562 000 31 000 31 000 20 100 260 3 0 2 1 0 2 6 0 5 540 255 29 320 29 283 19 845 257 5 4 2 6 8 8 6 1 8 SR VTR 3 1 3 4 1 600 m
131. 170 76 163 54 580 93 949 84 296 80 014 20 509 18 684 16 038 12 377 15 260 96 672 73 264 109 987 96 673 95 274 207 555 195 269 216 058 216 916 216 444 92 096 107 407 127 087 146 590 167 233 3 257 2 090 3 482 3 395 889 1 0 1 132 1 443 1 637 2 540 3 834 89 972 106 760 125 242 145 735 170 178 297 527 302 029 341 300 362 651 386 622 34 201 35 827 43 737 43 737 43 332 126 725 116 244 133 580 133 342 126 506 84 162 74 510 98 549 99 105 94 808 SR 2013 6 3 866 22 3 860 http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013712710 2 432
132. Copyright C 2013 Shared Research Inc All Rights Reserved e 7532 SR Research Report 2013 12710 10 11 56 9 95 5 32 385036 4 51 3 98 505225 3 81 3 25 3 16 2 87 2 34 SR 2013 6 2013 6 64 56 IR IR CFO 1 3
133. 00 http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved Re Shar ed Gesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12710 6 ROIC
134. 01 1 117 314 486 1996 JASDAQ IPO IPO 1998 1999 2 2013 200 300 SR http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved 7532 SR Research Report 2013 12 10 1 09 6 10 6 11 6 12 6 13 6 72 022 72 095 77 031 77 135
135. 2013 11 2014 4 PB M amp A M amp A 1990 2000
136. 3 12710 SR 5 5 10 7 10 s Shared GYesearch http www sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved Shared1 7532 SR Research Report 2013712710 M amp A 09 6 10 6 11 6 12 6 13 6 480 856 487 571 507 661 540 255 568 377 100 0 100 0 100 0 100 0
137. 77 864 1 123 7 147 4 167 8 257 5 273 5 1 123 7 137 6 164 3 256 9 272 3 1 1 284 2 1 460 8 1 604 7 1 856 5 2 136 4 1 23 0 25 0 28 0 31 0 33 0 72 022 72 095 77 031 77 135 77 864 1 123 7 147 4 167 8 257 5 273 5 1 1 284 2 1 460 8 1 604 7 1 856 5 2 136 4 1 23 0 25 0 28 0 31 0 33 0 2013 6 12 1 2 2013 6 2000 6 30 09
138. 8 2013 6 2 2013 2 5 2013 6 2 2013 6 2 289 644 4 69 18 673 8 5 19 075 16 0 11 777 1 39 0 9 7 39 12 29 7 19 1 09 1 2 0 2 10 2 11 1
139. MEGA 11 2007 MEGA 55 2010 6 17 MEGA 25 14 2011 6 7 MEGA 10 3 267 6 1 1 09 1 59
140. c International Holdings Pte Ltd 2013 9 2 9 2014 6 2016 6 2 9 2013 8 2007
141. c International Holdings Pte Ltd 7 9 2 9 350 20 9 0 1 s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013712710
142. d Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7 7532 SR Research Report 2013 12710 2006 2 47 8 2005 2005 3
143. ouDp ir IR IR 96 2 6 2 9 0 9 2013 6 77 864 2013 6 CEO COO CFO 20 613 2013 6 2013 9 4 511 2 708 32 1 4 823 UHY 2013 6 lt Shared Yesearch http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved lt 7532 SR Research Report 2013712710
144. tional Holdings Pte Ltd PPI PPI Pan Pacific International amp Co PPI 11 MARUKAI MARUKAI MARUKAI 2012 6 145 369 4 281 31 893 1009 2013 9 30 2013 12 2 2013 5 2013 5 7
145. ww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w s Shared Research http Wwww sharedresearch jp Copyright C 2013 Shared Research Inc All Rights Reserved w 7532 SR Research Report 2013 12710 8267 MEGA 2013 6 13
Download Pdf Manuals
Related Search