{"height":"190","author_name":"kyorosukeke","categories":[],"width":"100%","type":"rich","provider_url":"https://hatena.blog","image_url":null,"description":"\u63a8\u5b9a\u30ea\u30bf\u30fc\u30f3\u306e\u6b63\u4f53 \u2015\u6570\u5f0f\u3067\u8aad\u307f\u89e3\u304f\u300c\u30ea\u30bf\u30fc\u30f3\u306e\u4ed5\u7d44\u307f\u300d\u2015 \u6295\u8cc7\u306e\u30ea\u30bf\u30fc\u30f3\u3092\u8a9e\u308b\u3068\u304d\u3001\u79c1\u305f\u3061\u306f\u3064\u3044\u300c\u4f55\uff05\u5132\u304b\u308b\u304b\u300d\u3068\u3044\u3046\u6570\u5b57\u306b\u76ee\u3092\u596a\u308f\u308c\u304c\u3061\u3060\u3002\u3060\u304c\u3001\u30ea\u30bf\u30fc\u30f3\u3068\u306f\u5076\u7136\u306e\u7523\u7269\u3067\u306f\u306a\u3044\u3002\u6570\u5f0f\u3067\u6574\u7406\u3059\u308c\u3070\u3001\u305d\u308c\u306f\u660e\u78ba\u306a\u69cb\u9020\u3092\u6301\u3064\u3002 1. \u63a8\u5b9a\u30ea\u30bf\u30fc\u30f3\u306e\u57fa\u672c\u5f0f \u9577\u671f\u6295\u8cc7\u306b\u304a\u3051\u308b\u30ea\u30bf\u30fc\u30f3\u3092\u5206\u89e3\u3059\u308b\u3068\u3001\u6b21\u306e\u3088\u3046\u306b\u8868\u305b\u308b\u3002 [E[R] = (SGR + \u9084\u5143\u5229\u56de\u308a) + f(\u0394OPM, \u0394PER)] \u3053\u3053\u3067\u3001 (SGR)\uff1aSustainable Growth Rate\uff08\u6301\u7d9a\u7684\u6210\u9577\u7387\uff09\u3002\u4f01\u696d\u306e\u5185\u90e8\u7559\u4fdd\u306b\u3088\u308b\u81ea\u5df1\u6210\u9577\u3002 \u9084\u5143\u5229\u56de\u308a\uff1a\u914d\u5f53\u30fb\u81ea\u793e\u682a\u8cb7\u3044\u306a\u3069\u3001\u6295\u8cc7\u5bb6\u304c\u73fe\u91d1\u3068\u3057\u3066\u53d7\u3051\u53d6\u308b\u90e8\u5206\u3002 (\u0394OPM)\uff1a\u55b6\u696d\u5229\u76ca\u7387\u2026","published":"2025-10-17 15:07:04","provider_name":"Hatena Blog","blog_title":"\u3068\u3042\u308b\u6295\u8cc7\u5bb6\u306e\u5b66\u7fd2\u5e33","version":"1.0","blog_url":"https://kyorosukeke.hatenablog.com/","title":"\u63a8\u5b9a\u30ea\u30bf\u30fc\u30f3\u306e\u6b63\u4f53 \u2015\u6570\u5f0f\u3067\u8aad\u307f\u89e3\u304f\u300c\u30ea\u30bf\u30fc\u30f3\u306e\u4ed5\u7d44\u307f\u300d\u2015","html":"<iframe src=\"https://hatenablog-parts.com/embed?url=https%3A%2F%2Fkyorosukeke.hatenablog.com%2Fentry%2F2025%2F10%2F17%2F150704\" title=\"\u63a8\u5b9a\u30ea\u30bf\u30fc\u30f3\u306e\u6b63\u4f53 \u2015\u6570\u5f0f\u3067\u8aad\u307f\u89e3\u304f\u300c\u30ea\u30bf\u30fc\u30f3\u306e\u4ed5\u7d44\u307f\u300d\u2015 - \u3068\u3042\u308b\u6295\u8cc7\u5bb6\u306e\u5b66\u7fd2\u5e33\" class=\"embed-card embed-blogcard\" scrolling=\"no\" frameborder=\"0\" style=\"display: block; width: 100%; height: 190px; max-width: 500px; margin: 10px 0px;\"></iframe>","author_url":"https://blog.hatena.ne.jp/kyorosukeke/","url":"https://kyorosukeke.hatenablog.com/entry/2025/10/17/150704"}