{"id":4764,"date":"2015-10-27T13:16:00","date_gmt":"2015-10-27T04:16:00","guid":{"rendered":"http:\/\/kabuzuki.com\/?p=4764"},"modified":"2016-08-04T18:17:15","modified_gmt":"2016-08-04T09:17:15","slug":"%e3%80%90ipo%e3%80%91%e6%97%a5%e6%9c%ac%e9%83%b5%e6%94%bf%e3%80%81%e3%82%86%e3%81%86%e3%81%a1%e3%82%87%e9%8a%80%e8%a1%8c%e3%80%81%e3%81%8b%e3%82%93%e3%81%bd%e7%94%9f%e5%91%bd%e4%bf%9d%e9%99%ba","status":"publish","type":"post","link":"http:\/\/kabuzuki.com\/?p=4764","title":{"rendered":"\u3010IPO\u3011\u65e5\u672c\u90f5\u653f\u3001\u3086\u3046\u3061\u3087\u9280\u884c\u3001\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a\u3001\u3069\u308c\u3092\u8cb7\u3063\u3066\u3082\u305d\u3053\u305d\u3053\u5132\u304b\u308b\uff1f"},"content":{"rendered":"<h2>\u3010IPO\u3011\u65e5\u672c\u90f5\u653f\u3001\u3086\u3046\u3061\u3087\u9280\u884c\u3001\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a\u3001\u3069\u308c\u3092\u8cb7\u3063\u3066\u3082\u305d\u3053\u305d\u3053\u5132\u304b\u308b\uff1f<\/h2>\n<p><a onclick=\"javascript:pageTracker._trackPageview('\/downloads\/wp-content\/uploads\/2015\/09\/\u65e5\u672c\u90f5\u653f.jpg');\"  href=\"http:\/\/kabuzuki.com\/wp-content\/uploads\/2015\/09\/\u65e5\u672c\u90f5\u653f.jpg\"><img loading=\"lazy\" class=\"alignnone size-full wp-image-4607\" src=\"http:\/\/kabuzuki.com\/wp-content\/uploads\/2015\/09\/\u65e5\u672c\u90f5\u653f.jpg\" alt=\"\u65e5\u672c\u90f5\u653f\" width=\"288\" height=\"269\" \/><\/a><\/p>\n<p><strong>\u65e5\u672c\u90f5\u653f<\/strong>\u3001<strong>\u3086\u3046\u3061\u3087\u9280\u884c<\/strong>\u3001<strong>\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a<\/strong>\u3001\u90f5\u653f3\u793e\u306e\u516c\u52df\u30fb\u58f2\u51fa\u4fa1\u683c\u304c\u6c7a\u5b9a\u3068\u306a\u308a\u307e\u3057\u305f\u304c\u30013\u793e\u306e\u4e2d\u3067\u8cb7\u3046\u3068\u3057\u305f\u3089\u3001\u3069\u308c\u304c1\u756a\u5229\u76ca\u3092\u5f97\u308c\u305d\u3046\u306a\u306e\u304b\u3001\u5132\u304b\u308a\u305d\u3046\u306a\u306e\u304b\u3063\u3066\u3068\u3053\u3067\u3059\u306d\u3002<\/p>\n<p>\u307e\u305a\u5438\u53ce\u91d1\u984d\u3067\u307f\u3066\u307f\u308b\u3068\u3001<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>\u65e5\u672c\u90f5\u653f<\/strong><\/td>\n<td>6,930\u5104\u5186<\/td>\n<\/tr>\n<tr>\n<td><strong>\u3086\u3046\u3061\u3087\u9280\u884c<\/strong><\/td>\n<td>5,980\u5104\u5186<\/td>\n<\/tr>\n<tr>\n<td><strong>\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a<\/strong><\/td>\n<td>1,452\u5104\u5186<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u65e5\u672c\u90f5\u653f<\/strong>\u306f\u898f\u6a21\u304c\u975e\u5e38\u306b\u5927\u304d\u304f\u3001<strong>\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a<\/strong>\u306e\u65b9\u304c\u4e0a\u304c\u308a\u3084\u3059\u305d\u3046\u306a\u306e\u3067\u306f\u3068\u3044\u3046\u5370\u8c61\u3067\u3059\u306d\u3002<\/p>\n<p>\u6b21\u306b3\u793e\u306e<strong>PBR<\/strong>\uff08\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\uff09\u3067\u307f\u308b\u3068\u3001<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>\u65e5\u672c\u90f5\u653f<\/strong><\/td>\n<td>0.41\u500d<\/td>\n<\/tr>\n<tr>\n<td><strong>\u3086\u3046\u3061\u3087\u9280\u884c<\/strong><\/td>\n<td>0.47\u500d<\/td>\n<\/tr>\n<tr>\n<td><strong>\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a<\/strong><\/td>\n<td>0.67\u500d<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u65e5\u672c\u90f5\u653f<\/strong>\u304c3\u793e\u306e\u4e2d\u3067\u306f\u6700\u3082\u5272\u5b89\u611f\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u3061\u306a\u307f\u306b\u540c\u696d\u7a2e\u306e<strong>PBR<\/strong>\u3092\u898b\u308b\u3068\u3001<\/p>\n<table>\n<tbody>\n<tr>\n<td>\u65e5\u672c\u901a\u904b<\/td>\n<td>1.15\u500d<\/td>\n<\/tr>\n<tr>\n<td>\u30e4\u30de\u30c8\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9<\/td>\n<td>1.89\u500d<\/td>\n<\/tr>\n<tr>\n<td>\u4e09\u4e95\u4f4f\u53cb\u30d5\u30a3\u30ca\u30f3\u30b7\u30e3\u30eb\u30b0\u30eb\u30fc\u30d7<\/td>\n<td>0.72\u500d<\/td>\n<\/tr>\n<tr>\n<td>\u4e09\u83f1\uff35\uff26\uff2a\u30d5\u30a3\u30ca\u30f3\u30b7\u30e3\u30eb\u30fb\u30b0\u30eb\u30fc\u30d7<\/td>\n<td>0.72\u500d<\/td>\n<\/tr>\n<tr>\n<td>\u307f\u305a\u307b\u30d5\u30a3\u30ca\u30f3\u30b7\u30e3\u30eb\u30b0\u30eb\u30fc\u30d7<\/td>\n<td>0.75\u500d<\/td>\n<\/tr>\n<tr>\n<td>\u7b2c\u4e00\u751f\u547d\u4fdd\u967a<\/td>\n<td>0.71\u500d<\/td>\n<\/tr>\n<tr>\n<td>\u640d\u4fdd\u30b8\u30e3\u30d1\u30f3\u65e5\u672c\u8208\u4e9c\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9<\/td>\n<td>0.86\u500d<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u3068\u306a\u3063\u3066\u3044\u3066\u3001<strong>\u65e5\u672c\u90f5\u653f<\/strong>\u306b\u5272\u5b89\u611f\u304c\u3042\u308b\u306e\u304c\u5206\u304b\u308a\u307e\u3059\u3002<\/p>\n<p>\u3042\u3068\u3001<strong>\u914d\u5f53\u5229\u56de\u308a<\/strong>\u3067\u307f\u308b\u3068\u3001<\/p>\n<table>\n<tbody>\n<tr>\n<td>\u65e5\u672c\u90f5\u653f<\/td>\n<td>3.3\uff05<\/td>\n<\/tr>\n<tr>\n<td>\u3086\u3046\u3061\u3087\u9280\u884c<\/td>\n<td>3.4\uff05<\/td>\n<\/tr>\n<tr>\n<td>\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a<\/td>\n<td>2.5\uff05<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u3086\u3046\u3061\u3087\u9280\u884c<\/strong>\u304c3\u793e\u306e\u4e2d\u3067\u6700\u3082<strong>\u914d\u5f53<\/strong>\u304c\u3044\u3044\u3067\u3059\u306d\u3002<\/p>\n<p>\u3061\u306a\u307f\u306b\u540c\u696d\u7a2e\u306e\u914d\u5f53\u3092\u898b\u308b\u3068\u3001<\/p>\n<table>\n<tbody>\n<tr>\n<td>\u65e5\u672c\u901a\u904b<\/td>\n<td>1.61\uff05<\/td>\n<\/tr>\n<tr>\n<td>\u30e4\u30de\u30c8\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9<\/td>\n<td>1.01\uff05<\/td>\n<\/tr>\n<tr>\n<td>\u4e09\u4e95\u4f4f\u53cb\u30d5\u30a3\u30ca\u30f3\u30b7\u30e3\u30eb\u30b0\u30eb\u30fc\u30d7<\/td>\n<td>3.10\uff05<\/td>\n<\/tr>\n<tr>\n<td>\u4e09\u83f1\uff35\uff26\uff2a\u30d5\u30a3\u30ca\u30f3\u30b7\u30e3\u30eb\u30fb\u30b0\u30eb\u30fc\u30d7<\/td>\n<td>2.30\uff05<\/td>\n<\/tr>\n<tr>\n<td>\u307f\u305a\u307b\u30d5\u30a3\u30ca\u30f3\u30b7\u30e3\u30eb\u30b0\u30eb\u30fc\u30d7<\/td>\n<td>3.05\uff05<\/td>\n<\/tr>\n<tr>\n<td>\u7b2c\u4e00\u751f\u547d\u4fdd\u967a<\/td>\n<td>1.68\uff05<\/td>\n<\/tr>\n<tr>\n<td>\u640d\u4fdd\u30b8\u30e3\u30d1\u30f3\u65e5\u672c\u8208\u4e9c\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9<\/td>\n<td>2.06\uff05<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u3068\u306a\u3063\u3066\u3044\u3066\u3001\u90f5\u653f3\u793e\u306e<strong>\u914d\u5f53<\/strong>\u304c\u3044\u3044\u3053\u3068\u304c\u5206\u304b\u308a\u307e\u3059\u3002<\/p>\n<p>\u3053\u3046\u3057\u3066\u898b\u308b\u3068\u3001\u554f\u984c\u306f\u3084\u306f\u308a\u6210\u9577\u6027\u304b\u306a\u3068\u3044\u3063\u305f\u5370\u8c61\u3067\u3059\u306d\u3002<\/p>\n<p>\u7279\u306b\u5229\u76ca\u306e\u5927\u534a\u3092<strong>\u3086\u3046\u3061\u3087\u9280\u884c<\/strong>\u3068<strong>\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a<\/strong>\u306b\u4f9d\u5b58\u3057\u3066\u3044\u305f<strong>\u65e5\u672c\u90f5\u653f<\/strong>\u306f\u5148\u884c\u304d\u4e0d\u900f\u660e\u611f\u304c\u5f37\u3044\u3088\u3046\u306b\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u305f\u3060\u3001\u8272\u3005\u3068\u8a00\u308f\u308c\u3066\u3044\u307e\u3059\u304c\u300112\u6708\u672b\u306b\u5411\u3051TOPIX\uff08\u6771\u8a3c\u682a\u4fa1\u6307\u6570\uff09\u306b\u7d44\u307f\u5165\u308c\u3089\u308c\u308b\u305f\u3081\u3001TOPIX\u9023\u52d5\u578b\u306e\u30d5\u30a1\u30f3\u30c9\u304c\u8cb7\u3063\u3066\u304f\u308b\u3068\u3044\u3046\u9700\u7d66\u9762\u3067\u306e\u8ffd\u3044\u98a8\u3092\u671f\u5f85\u51fa\u6765\u308b\u306e\u3067\u3001\u90f5\u653f3\u793e\u3069\u308c\u3092\u8cb7\u3063\u3066\u3082\u305d\u3053\u305d\u3053\u5132\u304b\u308b\u306e\u3067\u306f\uff1f\u3068\u8003\u3048\u3089\u308c\u308b\u306e\u3067\u306f\u306a\u3044\u3067\u3057\u3087\u3046\u304b\u3002<\/p>\n<p>\u4f55\u3060\u304b\u3093\u3060\u3067\u304a\u91d1\u304c\u3042\u308a\u305d\u3046\u306a\u3068\u3053\u304c\u8cb7\u3063\u3066\u304d\u305d\u3046\u304b\u3069\u3046\u304b\u3063\u3066\u3068\u3053\u3067\u3059\u304b\u306d\u3002<\/p>\n<p>\u4e0a\u5834\u307e\u3067\u5f8c8\u65e5\u3068\u306a\u308a\u307e\u3057\u305f\u304c\u3001\u90f5\u653f3\u793e\u3001\u5404\u8a73\u7d30\u30da\u30fc\u30b8\u4e0b\u90e8\u306b\u3066\u7686\u69d8\u306e<strong>\u521d\u5024\u4e88\u60f3<\/strong>\u3001\u4e0a\u5834\u5f8c\u306e\u5c55\u671b\u4e88\u60f3\u306a\u3069\u3092\u3054\u6295\u7a3f\u9858\u3048\u307e\u3057\u305f\u3089\u5e78\u3044\u3067\u3059\u3002<\/p>\n<p>\u25cf<a href=\"http:\/\/kabuzuki.com\/?p=4611\" target=\"_blank\"><span style=\"text-decoration: underline;\"><span style=\"background-color: #ffff99; color: #ff0000; text-decoration: underline;\"><strong><span style=\"background-color: #ffff99; color: #ff0000; text-decoration: underline;\">\u3010IPO\u3011\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a[\u8a73\u7d30\u60c5\u5831\u30fb\u521d\u5024\u4e88\u60f3]\u21d2<br \/>\n<\/span><\/strong><\/span><\/span><\/a>\u25cf<a href=\"http:\/\/kabuzuki.com\/?p=4608\" target=\"_blank\"><span style=\"text-decoration: underline;\"><span style=\"background-color: #ffff99; color: #ff0000; text-decoration: underline;\"><strong><span style=\"background-color: #ffff99; color: #ff0000; text-decoration: underline;\">\u3010IPO\u3011\u3086\u3046\u3061\u3087\u9280\u884c[\u8a73\u7d30\u60c5\u5831\u30fb\u521d\u5024\u4e88\u60f3]\u21d2<br \/>\n<\/span><\/strong><\/span><\/span><\/a>\u25cf<a href=\"http:\/\/kabuzuki.com\/?p=4604\" target=\"_blank\"><span style=\"text-decoration: underline;\"><span style=\"background-color: #ffff99; color: #ff0000; text-decoration: underline;\"><strong><span style=\"background-color: #ffff99; color: #ff0000; text-decoration: underline;\">\u3010IPO\u3011\u65e5\u672c\u90f5\u653f[\u8a73\u7d30\u60c5\u5831\u30fb\u521d\u5024\u4e88\u60f3]<\/span><\/strong><\/span><\/span><\/a><\/p>\n<p><span style=\"font-size: 12pt;\">\u305d\u308c\u3067\u306f\u7686\u69d8\u3001\u60c5\u5831\u3092\u3057\u3063\u304b\u308a\u96c6\u3081\u3001\u4eca\u65e5\u3053\u306e\u5f8c\u3082\u614e\u91cd\u306b\u5f8c\u6094\u306e\u306a\u3044\u30c8\u30ec\u30fc\u30c9\u3092!!<br \/>\n\u4e0b\u306e\u30dd\u30c1\u3063\u3068\u306b\u3082\u662f\u975e\u3054\u5354\u529b\u3092\uff01<\/span><\/p>\n<p>\u203b\u672c\u30d6\u30ed\u30b0\u306f\u500b\u5225\u3067\u3042\u3052\u3066\u3044\u308b\u9298\u67c4\u3078\u306e\u6295\u8cc7\u3092\u63a8\u5968\u3057\u3066\u3044\u308b\u8a33\u3067\u306f\u5fa1\u5ea7\u3044\u307e\u305b\u3093\u3002\u682a\u5f0f\u6295\u8cc7\u306f\u81ea\u5df1\u8cac\u4efb\u3067\u304a\u9858\u3044\u3057\u307e\u3059<span style=\"font-size: 12pt;\">\u3002<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u3010IPO\u3011\u65e5\u672c\u90f5\u653f\u3001\u3086\u3046\u3061\u3087\u9280\u884c\u3001\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a\u3001\u3069\u308c\u3092\u8cb7\u3063\u3066\u3082\u305d\u3053\u305d\u3053\u5132\u304b\u308b\uff1f \u65e5\u672c\u90f5\u653f\u3001\u3086\u3046\u3061\u3087\u9280\u884c\u3001\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a\u3001\u90f5\u653f3\u793e\u306e\u516c\u52df\u30fb\u58f2\u51fa\u4fa1\u683c\u304c\u6c7a\u5b9a\u3068\u306a\u308a\u307e\u3057\u305f\u304c\u30013\u793e\u306e\u4e2d\u3067\u8cb7\u3046\u3068\u3057\u305f\u3089\u3001\u3069\u308c\u304c1\u756a\u5229\u76ca\u3092\u5f97\u308c\u305d\u3046\u306a\u306e &hellip; <a href=\"http:\/\/kabuzuki.com\/?p=4764\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u3010IPO\u3011\u65e5\u672c\u90f5\u653f\u3001\u3086\u3046\u3061\u3087\u9280\u884c\u3001\u304b\u3093\u307d\u751f\u547d\u4fdd\u967a\u3001\u3069\u308c\u3092\u8cb7\u3063\u3066\u3082\u305d\u3053\u305d\u3053\u5132\u304b\u308b\uff1f<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[286],"tags":[277,278,202],"_links":{"self":[{"href":"http:\/\/kabuzuki.com\/index.php?rest_route=\/wp\/v2\/posts\/4764"}],"collection":[{"href":"http:\/\/kabuzuki.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/kabuzuki.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/kabuzuki.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/kabuzuki.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4764"}],"version-history":[{"count":3,"href":"http:\/\/kabuzuki.com\/index.php?rest_route=\/wp\/v2\/posts\/4764\/revisions"}],"predecessor-version":[{"id":5752,"href":"http:\/\/kabuzuki.com\/index.php?rest_route=\/wp\/v2\/posts\/4764\/revisions\/5752"}],"wp:attachment":[{"href":"http:\/\/kabuzuki.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/kabuzuki.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4764"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/kabuzuki.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}