{"author_url":"https://blog.hatena.ne.jp/kyorosukeke/","height":"190","published":"2026-03-27 14:38:21","width":"100%","provider_url":"https://hatena.blog","blog_title":"\u3068\u3042\u308b\u6295\u8cc7\u5bb6\u306e\u5b66\u7fd2\u5e33","blog_url":"https://kyorosukeke.hatenablog.com/","version":"1.0","author_name":"kyorosukeke","provider_name":"Hatena Blog","description":"\u306f\u3058\u3081\u306b\uff1a\u5229\u76ca\u3068\u306f\u4f55\u304b \u5229\u76ca\u3068\u306f\u3001\u4f01\u696d\u304c\u793e\u4f1a\u306b\u63d0\u4f9b\u3057\u305f\u4fa1\u5024\u306b\u5bfe\u3059\u308b\u5831\u916c\u3067\u3042\u308b\u3002\u305d\u306e\u3046\u3061\u300c\u8d85\u904e\u5229\u76ca\u300d\u3068\u306f\u3001\u8cc7\u672c\u30b3\u30b9\u30c8\uff08WACC\uff09\u3092\u4e0a\u56de\u308b\u30ea\u30bf\u30fc\u30f3\u3001\u3059\u306a\u308f\u3061 ROIC \u2212 WACC \u304c\u30d7\u30e9\u30b9\u306b\u306a\u3063\u3066\u3044\u308b\u72b6\u614b\u3092\u6307\u3059\u3002\u4f1a\u8a08\u4e0a\u306e\u9ed2\u5b57\u3068\u306f\u7570\u306a\u308a\u3001\u3053\u308c\u306f\u300c\u8abf\u9054\u3057\u305f\u8cc7\u672c\u306b\u5bfe\u3057\u3066\u7d4c\u6e08\u7684\u306b\u4f59\u5270\u306a\u5831\u916c\u3092\u53d7\u3051\u53d6\u3063\u3066\u3044\u308b\u300d\u3053\u3068\u3092\u610f\u5473\u3059\u308b\u3002 \u3053\u3053\u3067\u91cd\u8981\u306a\u306e\u306f\u3001\u3053\u306e\u72b6\u614b\u3092\u5584\u60aa\u3067\u8a55\u4fa1\u3059\u308b\u3053\u3068\u3067\u306f\u306a\u3044\u3002\u554f\u3044\u305f\u3044\u306e\u306f\u300c\u306a\u305c\u3053\u306e\u72b6\u614b\u304c\u9577\u7d9a\u304d\u3057\u306a\u3044\u306e\u304b\u300d\u3068\u3044\u3046\u69cb\u9020\u7684\u306a\u8a71\u3060\u3002 \u8d85\u904e\u5229\u76ca\u306f\u300c\u975e\u5e73\u8861\u72b6\u614b\u300d\u3067\u3042\u308b \u71b1\u529b\u5b66\u306e\u7b2c\u4e8c\u6cd5\u5247\u306f\u3001\u5b64\u7acb\u7cfb\u306b\u304a\u3044\u3066\u30a8\u30f3\u30c8\u30ed\u30d4\u30fc\u306f\u5897\u5927\u3057\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u306e\u504f\u5728\u306f\u5747\u8cea\u5316\u306b\u5411\u304b\u3046\u3068\u8ff0\u3079\u308b\u3002\u9ad8\u6e29\u3068\u4f4e\u6e29\u304c\u63a5\u89e6\u3059\u308c\u3070\u3001\u71b1\u306f\u9ad8\u2026","image_url":null,"type":"rich","categories":[],"url":"https://kyorosukeke.hatenablog.com/entry/2026/03/27/143821","title":"\u8d85\u904e\u5229\u76ca\u306e\u71b1\u529b\u5b66\u2015\u2015\u7af6\u4e89\u5e02\u5834\u306b\u304a\u3051\u308b\u300c\u975e\u5e73\u8861\u72b6\u614b\u300d\u306e\u8ad6\u7406","html":"<iframe src=\"https://hatenablog-parts.com/embed?url=https%3A%2F%2Fkyorosukeke.hatenablog.com%2Fentry%2F2026%2F03%2F27%2F143821\" title=\"\u8d85\u904e\u5229\u76ca\u306e\u71b1\u529b\u5b66\u2015\u2015\u7af6\u4e89\u5e02\u5834\u306b\u304a\u3051\u308b\u300c\u975e\u5e73\u8861\u72b6\u614b\u300d\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>"}