{"version":"1.0","author_url":"https://blog.hatena.ne.jp/kyorosukeke/","image_url":null,"title":"\u58f2\u4e0a\u6210\u9577\u7387\u3068SGR\u2015\u2015\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u6226\u7565\u306b\u304a\u3051\u308b\u512a\u5148\u9806\u4f4d\u306e\u8ad6\u7406","url":"https://kyorosukeke.hatenablog.com/entry/2026/01/14/162907","width":"100%","categories":[],"blog_url":"https://kyorosukeke.hatenablog.com/","height":"190","description":"\u58f2\u4e0a\u6210\u9577\u304c\u6301\u3064\u7d76\u5bfe\u7684\u512a\u5148\u6027 \u6210\u9577\u4f01\u696d\u3092\u767a\u6398\u3059\u308b\u969b\u3001\u6700\u3082\u91cd\u8996\u3059\u3079\u304d\u6307\u6a19\u306f\u58f2\u4e0a\u6210\u9577\u7387\u3067\u3042\u308b\u3002\u58f2\u4e0a\u6210\u9577\u7387\u306f\u4e8b\u696d\u304c\u5e02\u5834\u306b\u53d7\u3051\u5165\u308c\u3089\u308c\u3066\u3044\u308b\u8a3c\u3067\u3042\u308a\u3001\u300c\u9700\u8981\u8d85\u904e\u306e\u30b5\u30a4\u30f3\u300d\u3068\u3057\u3066\u6a5f\u80fd\u3059\u308b\u3002\u3053\u306e\u6307\u6a19\u306f\u4e8b\u696d\u7d99\u7d9a\u306e\u53ef\u80fd\u6027\u3001\u8cc7\u91d1\u8abf\u9054\u306e\u6709\u5229\u6027\u3001\u5e02\u5834\u306b\u304a\u3051\u308b\u7af6\u4e89\u529b\u3068\u3044\u30463\u3064\u306e\u91cd\u8981\u306a\u30b7\u30b0\u30ca\u30eb\u3092\u767a\u3059\u308b\u3002 SGR\uff08Sustainable Growth Rate\uff1a\u6301\u7d9a\u53ef\u80fd\u6210\u9577\u7387\uff09\u306f\u3001ROE\u00d7\u5185\u90e8\u7559\u4fdd\u7387\u3067\u8a08\u7b97\u3055\u308c\u308b\u3001\u4f01\u696d\u304c\u5916\u90e8\u8cc7\u91d1\u8abf\u9054\u306a\u3057\u306b\u9054\u6210\u3067\u304d\u308b\u7406\u8ad6\u4e0a\u306e\u6210\u9577\u7387\u3067\u3042\u308b\u3002\u305f\u3068\u3048\u3070ROE\u304c20%\u3001\u914d\u5f53\u6027\u5411\u304c30%\u306e\u4f01\u696d\u3067\u306f\u3001SGR=0.2\u00d7(1-0.3)=14%\u3068\u306a\u308a\u3001\u5185\u90e8\u8cc7\u91d1\u3067\u652f\u3048\u3089\u308c\u308b\u6210\u9577\u306e\u4e0a\u9650\u304c14%\u3067\u3042\u308b\u3053\u3068\u3092\u610f\u5473\u3059\u308b\u3002\u2026","type":"rich","html":"<iframe src=\"https://hatenablog-parts.com/embed?url=https%3A%2F%2Fkyorosukeke.hatenablog.com%2Fentry%2F2026%2F01%2F14%2F162907\" title=\"\u58f2\u4e0a\u6210\u9577\u7387\u3068SGR\u2015\u2015\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u6226\u7565\u306b\u304a\u3051\u308b\u512a\u5148\u9806\u4f4d\u306e\u8ad6\u7406 - \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>","provider_url":"https://hatena.blog","author_name":"kyorosukeke","published":"2026-01-14 16:29:07","provider_name":"Hatena Blog","blog_title":"\u3068\u3042\u308b\u6295\u8cc7\u5bb6\u306e\u5b66\u7fd2\u5e33"}