{"id":5470,"date":"2025-01-14T10:36:02","date_gmt":"2025-01-14T10:36:02","guid":{"rendered":"https:\/\/biz.moneyforward.com\/erp\/basic\/?p=5470"},"modified":"2026-04-16T13:13:20","modified_gmt":"2026-04-16T04:13:20","slug":"roe%e3%81%a8roic%e3%82%92%e8%a7%a3%e8%aa%ac%ef%bc%81%e3%81%9d%e3%82%8c%e3%81%9e%e3%82%8c%e3%81%ae%e9%81%95%e3%81%84%e3%82%84roic%e3%81%ae%e6%b4%bb%e7%94%a8%e6%96%b9%e6%b3%95%e3%81%ab%e3%81%a4%e3%81%84","status":"publish","type":"post","link":"https:\/\/biz.moneyforward.com\/erp\/basic\/5470\/","title":{"rendered":"ROE\u3068ROIC\u3092\u89e3\u8aac\uff01\u305d\u308c\u305e\u308c\u306e\u9055\u3044\u3084ROIC\u306e\u6d3b\u7528\u65b9\u6cd5\u306b\u3064\u3044\u3066"},"content":{"rendered":"<p>\u4f1a\u793e\u7d4c\u55b6\u306b\u304a\u3044\u3066\u3001\u58f2\u4e0a\u3084\u5229\u76ca\u3060\u3051\u3092\u8ffd\u6c42\u3057\u3066\u3044\u308b\u3068\u3044\u3046\u65b9\u3082\u3044\u3089\u3063\u3057\u3083\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002\u3082\u3061\u308d\u3093\u3053\u308c\u3089\u3082\u91cd\u8981\u306a\u8981\u7d20\u3067\u3059\u304c\u3001\u540c\u6642\u306b\u300c\u3069\u308c\u3060\u3051\u52b9\u7387\u7684\u306b\u8cc7\u91d1\u3092\u6d3b\u7528\u3057\u3066\u5229\u76ca\u3092\u4e0a\u3052\u3066\u3044\u308b\u304b\u300d\u3068\u3044\u3046\u70b9\u3082\u91cd\u8981\u306a\u30dd\u30a4\u30f3\u30c8\u3067\u3059\u3002\u305d\u3053\u3067\u6ce8\u76ee\u3057\u305f\u3044\u306e\u304c\u3001ROE\u3084ROIC\u3068\u3044\u3046\u6307\u6a19\u3067\u3059\u3002<\/p>\n<p>\u3042\u307e\u308a\u8033\u6163\u308c\u306a\u3044\u7528\u8a9e\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u304c\u3001\u3053\u306e\u6307\u6a19\u3092\u7406\u89e3\u3059\u308b\u3053\u3068\u3067\u3001\u4f1a\u793e\u304c\u672c\u5f53\u306b\u5132\u304b\u3063\u3066\u3044\u308b\u306e\u304b\u3001\u307e\u305f\u3001\u3069\u306e\u3088\u3046\u306b\u8cc7\u91d1\u3092\u4f7f\u3048\u3070\u3088\u308a\u52b9\u7387\u7684\u306b\u6210\u9577\u3067\u304d\u308b\u304b\u304c\u660e\u3089\u304b\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u672c\u8a18\u4e8b\u3067\u306f\u3001ROE\u3068ROIC\u306e\u57fa\u672c\u7684\u306a\u6982\u5ff5\u304b\u3089\u3001\u7d4c\u55b6\u306b\u304a\u3044\u3066\u3069\u306e\u3088\u3046\u306b\u6d3b\u7528\u3067\u304d\u308b\u304b\u307e\u3067\u3092\u308f\u304b\u308a\u3084\u3059\u304f\u89e3\u8aac\u3057\u3066\u3044\u304d\u307e\u3059\u3002<\/p>\n<div id=\"post-below-intro\"><\/div><h2>ROE\u3068ROIC\u3068\u306f<\/h2>\n<p><span style=\"background-color: #ffff99;\"><b>ROE\u3068ROIC\u306f\u3001\u4f01\u696d\u306e\u7d4c\u55b6\u52b9\u7387\u3084\u53ce\u76ca\u6027\u3092\u8a55\u4fa1\u3059\u308b\u305f\u3081\u306e\u91cd\u8981\u306a\u6307\u6a19<\/b><\/span>\u3067\u3059\u3002<br \/>\n\u6295\u8cc7\u5bb6\u3084\u7d4c\u55b6\u8005\u304c\u4f01\u696d\u306e\u53ce\u76ca\u6027\u3092\u6e2c\u308b\u305f\u3081\u306b\u5e83\u304f\u6d3b\u7528\u3055\u308c\u3066\u304a\u308a\u3001\u4f01\u696d\u304c\u3069\u308c\u3060\u3051\u52b9\u7387\u7684\u306b\u8cc7\u672c\u3092\u904b\u7528\u3057\u3066\u3044\u308b\u304b\u3092\u793a\u3057\u307e\u3059\u3002<\/p>\n<h3>ROE\u3068\u306f<\/h3>\n<p><span style=\"background-color: #ffff99;\"><b>ROE\u306f\u682a\u4e3b\u306e\u8996\u70b9\u304b\u3089\u4f01\u696d\u306e\u53ce\u76ca\u6027\u3092\u8a55\u4fa1\u3059\u308b\u6307\u6a19\u3067\u3001<a href=\"https:\/\/biz.moneyforward.com\/accounting\/basic\/44542\/\" data-internallinksmanager029f6b8e52c=\"380\" title=\"\u81ea\u5df1\u8cc7\u672c\">\u81ea\u5df1\u8cc7\u672c<\/a>\uff08\uff1d<a href=\"https:\/\/biz.moneyforward.com\/accounting\/basic\/46289\/\" data-internallinksmanager029f6b8e52c=\"320\" title=\"\u682a\u4e3b\u8cc7\u672c\">\u682a\u4e3b\u8cc7\u672c<\/a>\uff0b\u8a55\u4fa1\u30fb\u63db\u7b97\u5dee\u984d\u7b49\uff08*1\uff09\uff09\u306b\u5bfe\u3057\u3066\u4f01\u696d\u304c\u3069\u308c\u3060\u3051\u306e\u6700\u7d42\u5229\u76ca\uff08<a href=\"https:\/\/biz.moneyforward.com\/accounting\/basic\/45120\/\" data-internallinksmanager029f6b8e52c=\"222\" title=\"\u5f53\u671f\u7d14\u5229\u76ca\">\u5f53\u671f\u7d14\u5229\u76ca<\/a>\uff09\u3092\u751f\u307f\u51fa\u3057\u3066\u3044\u308b\u304b<\/b><\/span>\u3092\u793a\u3057\u307e\u3059\u3002<\/p>\n<div style=\"padding: 10px; margin-bottom: 10px; border: 1px solid #333333;\">\u8a08\u7b97\u5f0f\uff1a<br \/>\nROE\uff1d\u5f53\u671f\u7d14\u5229\u76ca\u00f7\u81ea\u5df1\u8cc7\u672c\u00d7100<\/div>\n<p>\uff08*1\uff09\u8a55\u4fa1\u30fb\u63db\u7b97\u5dee\u984d\u7b49\uff1a\u5f53\u671f\u306e\u640d\u76ca\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u306a\u3044\u8cc7\u7523\u3084\u8ca0\u50b5\u306e\u8a55\u4fa1\u5dee\u984d\uff08\u4f8b\uff1a<a href=\"https:\/\/biz.moneyforward.com\/tax_return\/basic\/48364\/\" data-internallinksmanager029f6b8e52c=\"163\" title=\"\u70ba\u66ff\u5dee\u640d\u76ca\">\u70ba\u66ff\u5dee\u640d\u76ca<\/a>\u3084\u4fdd\u6709\u8cc7\u7523\u306e\u8a55\u4fa1\u984d\u5909\u52d5\uff09\u3092\u7d14\u8cc7\u7523\u306b\u8a08\u4e0a\u3059\u308b\u305f\u3081\u306b\u8a2d\u3051\u3089\u308c\u305f\u9805\u76ee<\/p>\n<h3>ROIC\u3068\u306f<\/h3>\n<p><span style=\"background-color: 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href=\"https:\/\/biz.moneyforward.com\/accounting\/basic\/65605\/\" data-internallinksmanager029f6b8e52c=\"472\" title=\"\u6cd5\u4eba\u7a0e\">\u6cd5\u4eba\u7a0e<\/a>\u3001<a href=\"https:\/\/biz.moneyforward.com\/payroll\/basic\/21488\/\" data-internallinksmanager029f6b8e52c=\"533\" title=\"\u4f4f\u6c11\u7a0e\">\u4f4f\u6c11\u7a0e<\/a>\u3001\u4e8b\u696d\u7a0e\u306a\u3069\u306b\u3064\u3044\u3066\u4f01\u696d\u304c\u5b9f\u8cea\u7684\u306b\u8ca0\u62c5\u3059\u308b\u7a0e\u7387\u306e\u3053\u3068\u3067\u3059\u3002<\/p>\n<h3>\u305d\u308c\u305e\u308c\u306e\u9055\u3044<\/h3>\n<p>ROE\u306f\u682a\u4e3b\u76ee\u7dda\u3067\u3001ROIC\u306f\u7d4c\u55b6\u8005\u306e\u76ee\u7dda\u3067\u53ce\u76ca\u6027\u3092\u6e2c\u308b\u3068\u3044\u3046\u70b9\u304c\u7570\u306a\u308a\u307e\u3059\u3002<br \/>\n\u3044\u305a\u308c\u3082<span style=\"background-color: #ffff99;\"><b>P\/L\uff08<a href=\"https:\/\/biz.moneyforward.com\/accounting\/basic\/130\/\" data-internallinksmanager029f6b8e52c=\"210\" title=\"\u640d\u76ca\u8a08\u7b97\u66f8\">\u640d\u76ca\u8a08\u7b97\u66f8<\/a>\uff09\u9805\u76ee\uff08\u5f53\u671f\u7d14\u5229\u76ca\u3084\u55b6\u696d\u5229\u76ca\uff09\u3060\u3051\u3067\u306a\u304f\u3001B\/S\uff08<a href=\"https:\/\/biz.moneyforward.com\/accounting\/basic\/173\/\" data-internallinksmanager029f6b8e52c=\"224\" title=\"\u8cb8\u501f\u5bfe\u7167\u8868\">\u8cb8\u501f\u5bfe\u7167\u8868<\/a>\uff09\u9805\u76ee\uff08\u81ea\u5df1\u8cc7\u672c\u3084\u6709\u5229\u5b50\u8ca0\u50b5\uff09\u3082\u542b\u3093\u3060\u7d4c\u55b6\u6307\u6a19<\/b><\/span>\u3067\u3059\u3002<\/p>\n<p>\u540c\u69d8\u306bP\/L\u9805\u76ee\u3068B\/S\u9805\u76ee\u3092\u542b\u3080\u6307\u6a19\u306b\u306f\u3001\u300cROA\uff08<a href=\"https:\/\/biz.moneyforward.com\/accounting\/basic\/341\/\" data-internallinksmanager029f6b8e52c=\"105\" title=\"\u7dcf\u8cc7\u7523\u5229\u76ca\u7387\">\u7dcf\u8cc7\u7523\u5229\u76ca\u7387<\/a>\uff09\u300d\u3082\u6319\u3052\u3089\u308c\u307e\u3059\u3002<\/p>\n<div style=\"padding: 10px; margin-bottom: 10px; border: 1px solid #333333;\">\u8a08\u7b97\u5f0f\uff1a<br \/>\nROA\uff1d\u5229\u76ca\u00f7\u7dcf\u8cc7\u7523<\/div>\n<p>\u3053\u3061\u3089\u306f\u4f01\u696d\u306e\u5168\u8cc7\u7523\u306b\u5bfe\u3059\u308b\u53ce\u76ca\u6027\u3092\u6e2c\u308b\u6307\u6a19\u3067\u3059\u3002ROA\u306b\u3064\u3044\u3066\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u8a73\u3057\u304f\u89e3\u8aac\u3057\u3066\u3044\u307e\u3059\u306e\u3067\u3001\u3054\u53c2\u7167\u304f\u3060\u3055\u3044\u3002<br \/>\n<div class=\"linkcard\"><div class=\"lkc-external-wrap\"><a class=\"lkc-link no_icon\" href=\"https:\/\/biz.moneyforward.com\/accounting\/basic\/341\/\" data-lkc-id=\"148\" target=\"_blank\" rel=\"external noopener\"><div class=\"lkc-card\"><div class=\"lkc-info\"><div class=\"lkc-favicon\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.google.com\/s2\/favicons?domain=https:\/\/biz.moneyforward.com\" alt=\"\" width=\"16\" height=\"16\" \/><\/div><div class=\"lkc-domain\" title=\"\u4f1a\u8a08\u306e\u57fa\u790e\u77e5\u8b58\uff5c\u4f1a\u8a08\u30bd\u30d5\u30c8\u300c\u30de\u30cd\u30fc\u30d5\u30a9\u30ef\u30fc\u30c9 \u30af\u30e9\u30a6\u30c9\u4f1a\u8a08\u300d\">\u4f1a\u8a08\u306e\u57fa\u790e\u77e5\u8b58\uff5c\u4f1a\u8a08\u30bd\u30d5\u30c8\u300c\u30de\u30cd\u30fc\u30d5\u30a9\u30ef\u30fc\u30c9 \u30af\u30e9...<\/div><\/div><div class=\"lkc-content\"><div class=\"lkc-title\">ROE\u3068ROA\u3068\u306f\uff1f\u9055\u3044\u3084\u76ee\u5b89\u3001\u5206\u6790\u65b9\u6cd5\u306e\u89e3\u8aac | \u30af\u30e9\u30a6\u30c9\u4f1a\u8a08\u30bd\u30d5\u30c8 \u30de\u30cd\u30fc\u30d5\u30a9\u30ef\u30fc\u30c9<\/div><div class=\"lkc-excerpt\">\u4f01\u696d\u306e\u6c7a\u7b97\u66f8\u304b\u3089\u306f\u3001\u6570\u5024\u3092\u4f7f\u3063\u3066\u3055\u307e\u3056\u307e\u306a\u3053\u3068\u3092\u8aad\u307f\u53d6\u308c\u307e\u3059\u3002\u305f\u3068\u3048\u3070\u3001\u6c7a\u7b97\u66f8\u3092\u4f7f\u3063\u305fROE(\u81ea\u5df1\u8cc7\u672c\u5229\u76ca\u7387)\u3084ROA\u3068\u3044\u3063\u305f\u5206\u6790\u3067\u3059\u3002\u3044\u305a\u308c\u3082\u3001\u5229\u76ca\u306b\u95a2\u308f\u308b\u6307\u6a19\u3067\u3001\u4f01\u696d\u306e\u6295\u8cc7\u52b9\u7387\u3092\u8a55\u4fa1\u3059\u308b\u306e\u306b\u4f7f\u308f\u308c\u307e\u3059...<\/div><\/div><div class=\"clear\"><\/div><\/div><\/a><\/div><\/div><\/p>\n<h2>ROIC\u3092\u6d3b\u7528\u3059\u308b\u30e1\u30ea\u30c3\u30c8<\/h2>\n<p>ROIC\u3092\u6d3b\u7528\u3059\u308b\u3053\u3068\u3067\u3001\u4e3b\u306b3\u3064\u306e\u30e1\u30ea\u30c3\u30c8\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<h3>\u30e1\u30ea\u30c3\u30c81\uff1a\u5404\u30bb\u30b0\u30e1\u30f3\u30c8\u5358\u4f4d\u3067\u7ba1\u7406\u304c\u53ef\u80fd<\/h3>\n<p><span style=\"background-color: #ffff99;\"><b>ROIC\u3092\u4f7f\u7528\u3059\u308b\u30e1\u30ea\u30c3\u30c8\u306e\u4e00\u3064\u306f\u3001\u30bb\u30b0\u30e1\u30f3\u30c8\u3054\u3068\u306b\u7ba1\u7406\u3067\u304d\u308b\u70b9<\/b><\/span>\u3067\u3059\u3002<br \/>\n\u30bb\u30b0\u30e1\u30f3\u30c8\u3068\u306f\u3001\u30d3\u30b8\u30cd\u30b9\u306b\u304a\u3044\u3066\u7279\u5b9a\u306e\u57fa\u6e96\u3067\u5206\u3051\u3089\u308c\u305f\u30b0\u30eb\u30fc\u30d7\u3092\u6307\u3057\u307e\u3059\u3002\u4f8b\u3048\u3070\u3042\u308b\u4f1a\u793e\u304c\u9244\u9053\u696d\u30fb\u30db\u30c6\u30eb\u696d\u30fb\u4e0d\u52d5\u7523\u696d\u306a\u3069\u8907\u6570\u306e\u4e8b\u696d\u3092\u55b6\u3093\u3067\u3044\u308b\u5834\u5408\u306b\u3001\u4e8b\u696d\u6bce\u306b\u5206\u3051\u3066\u305d\u308c\u305e\u308c\u3092\u30bb\u30b0\u30e1\u30f3\u30c8\u3068\u3059\u308b\u30b1\u30fc\u30b9\u304c\u8003\u3048\u3089\u308c\u307e\u3059\u3002<\/p>\n<p>ROIC\u306f\u30bb\u30b0\u30e1\u30f3\u30c8\u3054\u3068\u306b\u6570\u5024\u3092\u8a08\u7b97\u3067\u304d\u308b\u305f\u3081\u3001\u4f01\u696d\u5168\u4f53\u3060\u3051\u3067\u306a\u304f\u3001\u5404\u4e8b\u696d\u3084\u90e8\u7f72\u3054\u3068\u306e\u8a73\u7d30\u306a\u76ee\u6a19\u8a2d\u5b9a\u304c\u53ef\u80fd\u3067\u3059\u3002<\/p>\n<h3>\u30e1\u30ea\u30c3\u30c82\uff1aROA\u306e\u8ab2\u984c\u3092\u514b\u670d\u3067\u304d\u308b<\/h3>\n<p><span style=\"background-color: #ffff99;\"><b>ROIC\u306e\u3082\u3046\u4e00\u3064\u306e\u30e1\u30ea\u30c3\u30c8\u306f\u3001ROA\u304c\u62b1\u3048\u308b\u8ab2\u984c\u3092\u514b\u670d\u3067\u304d\u308b\u70b9<\/b><\/span>\u3067\u3059\u3002<\/p>\n<p>ROA\u306f<a href=\"https:\/\/biz.moneyforward.com\/words\/1795\/\" data-internallinksmanager029f6b8e52c=\"460\" title=\"\u7dcf\u8cc7\u672c\">\u7dcf\u8cc7\u672c<\/a>\u3092\u57fa\u6e96\u306b\u8a08\u7b97\u3055\u308c\u308b\u305f\u3081\u3001\u4eee\u306b\u53d6\u5f15\u5148\u3068\u306e\u4ea4\u6e09\u3067\u652f\u6255\u3044\u3092\u9045\u3089\u305b\u308b\u3053\u3068\u304c\u3067\u304d\u305f\u5834\u5408\u3067\u3082\u3001<a href=\"https:\/\/biz.moneyforward.com\/accounting\/basic\/44962\/\" data-internallinksmanager029f6b8e52c=\"458\" title=\"\u8cb7\u639b\u91d1\">\u8cb7\u639b\u91d1<\/a>\u304c\u305d\u306e\u307e\u307e\u7dcf\u8cc7\u672c\u306b\u542b\u307e\u308c\u3066\u652f\u6255\u30b5\u30a4\u30c8\u306e\u9577\u77ed\u306b\u95a2\u308f\u3089\u305a\u540c\u3058\u6570\u5024\u3068\u306a\u3063\u3066\u3057\u307e\u3046\u3068\u3044\u3046\u8ab2\u984c\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u3057\u304b\u3057ROIC\u306f\u6295\u4e0b\u8cc7\u672c\u3092\u57fa\u6e96\u306b\u8a08\u7b97\u3059\u308b\u305f\u3081\u3001\u4e0a\u8a18\u306e\u8ab2\u984c\u3092\u514b\u670d\u3067\u304d\u308b\u3068\u3044\u3046\u30e1\u30ea\u30c3\u30c8\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<h3>\u30e1\u30ea\u30c3\u30c83\uff1a\u8cc7\u91d1\u8abf\u9054\u304c\u5bb9\u6613\u306b\u306a\u308b<\/h3>\n<p><span style=\"background-color: #ffff99;\"><b>ROIC\u3092\u6d3b\u7528\u3059\u308b\u3053\u3068\u3067<a href=\"https:\/\/biz.moneyforward.com\/establish\/basic\/44\/\" data-internallinksmanager029f6b8e52c=\"491\" title=\"\u8cc7\u91d1\u8abf\u9054\">\u8cc7\u91d1\u8abf\u9054<\/a>\u304c\u3057\u3084\u3059\u304f\u306a\u308b\u70b9\u3082\u5927\u304d\u306a\u30e1\u30ea\u30c3\u30c8<\/b><\/span>\u3067\u3059\u3002<br \/>\nROIC\u3092\u4f7f\u3048\u3070\u3001\u6295\u4e0b\u8cc7\u672c\u3092\u3069\u308c\u3060\u3051\u52b9\u7387\u7684\u306b\u5229\u76ca\u306b\u5909\u3048\u3066\u3044\u308b\u304b\u3092\u3001\u6295\u8cc7\u5bb6\u3084\u91d1\u878d\u6a5f\u95a2\u306b\u5177\u4f53\u7684\u306b\u793a\u3059\u3053\u3068\u304c\u3067\u304d\u308b\u304b\u3089\u3067\u3059\u3002<\/p>\n<p>ROIC\u306e\u6570\u5024\u304c\u826f\u597d\u3067\u3042\u308c\u3070\u3001\u6295\u8cc7\u5bb6\u304b\u3089\u306e\u51fa\u8cc7\u3084\u91d1\u878d\u6a5f\u95a2\u304b\u3089\u306e\u878d\u8cc7\u304c\u53d7\u3051\u3084\u3059\u304f\u306a\u308b\u3067\u3057\u3087\u3046\u3002<\/p>\n<h2>ROIC\u306e\u6d3b\u7528\u306b\u3064\u3044\u3066<\/h2>\n<p>\u3053\u3053\u3067\u306f\u3001ROIC\u306e\u30e1\u30ea\u30c3\u30c8\u3092\u6d3b\u304b\u3057\u305f\u6d3b\u7528\u30b7\u30fc\u30f3\u306a\u3069\u306b\u3064\u3044\u3066\u8aac\u660e\u3057\u307e\u3059\u3002<\/p>\n<h3>ROIC\u3068WACC\u306e\u95a2\u9023\u6027<\/h3>\n<p>\u8cc7\u91d1\u8abf\u9054\u306e\u89b3\u70b9\u3067\u306f\u3001ROIC\u306f\u6709\u5229\u5b50\u8ca0\u50b5\u3068\u682a\u4e3b\u8cc7\u672c\u306b\u5bfe\u3057\u3066\u3069\u308c\u3060\u3051\u5229\u76ca\u3092\u751f\u307f\u51fa\u3057\u3066\u3044\u308b\u304b\u3092\u793a\u3059\u6307\u6a19\u3060\u3068\u3044\u3048\u307e\u3059\u3002<\/p>\n<p>\u6709\u5229\u5b50\u8ca0\u50b5\u3084\u682a\u4e3b\u8cc7\u672c\u306f\u3001\u8cc7\u91d1\u63d0\u4f9b\u8005\u304b\u3089\u898b\u8fd4\u308a\u3092\u6c42\u3081\u3089\u308c\u308b\u305f\u3081\u3001\u4f01\u696d\u5074\u306b\u306f\u305d\u308c\u3089\u306b\u5bfe\u3059\u308b\u8abf\u9054\u30b3\u30b9\u30c8\u304c\u767a\u751f\u3057\u307e\u3059\u3002\u3057\u305f\u304c\u3063\u3066\u3001\u4e8b\u696d\u306e\u4fa1\u5024\u3092\u751f\u307f\u51fa\u3059\u306b\u306f\u3001\u305d\u306e\u30b3\u30b9\u30c8\u3092\u4e0a\u56de\u308b\u53ce\u76ca\u3092\u4e0a\u3052\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p><span style=\"background-color: #ffff99;\"><b>\u3053\u306e\u57fa\u6e96\u5024\u3092\u300c\u30cf\u30fc\u30c9\u30eb\u30fb\u30ec\u30fc\u30c8\u300d\u3068\u3044\u3044\u3001\u682a\u4e3b\u8cc7\u672c\u30b3\u30b9\u30c8\u3068\u6709\u5229\u5b50\u8ca0\u50b5\u30b3\u30b9\u30c8\u306e\u52a0\u91cd\u5e73\u5747\u3067\u8a08\u7b97\u3055\u308c\u308b\u300cWACC\u300d\uff08\u52a0\u91cd\u5e73\u5747\u8cc7\u672c\u30b3\u30b9\u30c8\uff09<\/b><\/span>\u3067\u8868\u3055\u308c\u307e\u3059\u3002<\/p>\n<p>\u3064\u307e\u308a\u3001ROIC\u306f\u6700\u4f4e\u3067\u3082WACC\u3092\u4e0a\u56de\u308b\u3053\u3068\u304c\u6c42\u3081\u3089\u308c\u307e\u3059\u3002<\/p>\n<h3>ROIC\u306f\u696d\u7e3e\u8a55\u4fa1\u306b\u5f79\u7acb\u3064<\/h3>\n<p><span style=\"background-color: #ffff99;\"><b>ROE\u306f\u4f01\u696d\u5168\u4f53\u306e\u696d\u7e3e\u3092\u793a\u3059\u6307\u6a19\u3067\u3042\u308b\u4e00\u65b9\u3067\u3001ROIC\u306f\u5404\u30d3\u30b8\u30cd\u30b9\u30e6\u30cb\u30c3\u30c8\u306e\u53ce\u76ca\u6027\u3092\u793a\u3059\u3053\u3068<\/b><\/span>\u3082\u3067\u304d\u307e\u3059\u3002\u3053\u306e\u305f\u3081ROIC\u3092\u6d3b\u7528\u3057\u305f\u5206\u6790\u306f\u3001\u7d4c\u55b6\u5224\u65ad\u306e\u88dc\u52a9\u3068\u3057\u3066\u3001\u5404\u30ab\u30f3\u30d1\u30cb\u30fc\u3084\u4e8b\u696d\u90e8\u306e\u9069\u5207\u306a\u696d\u7e3e\u8a55\u4fa1\u306b\u5f79\u7acb\u3064\u3068\u8003\u3048\u3089\u308c\u307e\u3059\u3002<\/p>\n<h3>\u65e5\u672c\u306b\u304a\u3044\u3066ROIC\u304c\u8efd\u8996\u3055\u308c\u304c\u3061\u306a\u7406\u7531<\/h3>\n<p><span style=\"background-color: #ffff99;\"><b>ROIC\u306fROE\u306b\u6bd4\u3079\u3001\u3088\u308a\u30bb\u30b0\u30e1\u30f3\u30c8\u3054\u3068\u306e\u696d\u7e3e\u8a55\u4fa1\u306b\u9069\u3057\u3066\u3044\u308b\u3068\u3044\u3046\u9762\u304c\u3042\u308b\u306b\u3082\u95a2\u308f\u3089\u305a\u3001\u65e5\u672c\u306b\u304a\u3044\u3066\u6d78\u900f\u3057\u3066\u3044\u308b\u3068\u306f\u3044\u3048\u306a\u3044\u72b6\u6cc1<\/b><\/span>\u3067\u3059\u3002<\/p>\n<p>\u65e5\u672c\u306b\u304a\u3044\u3066ROIC\u304c\u8efd\u8996\u3055\u308c\u304c\u3061\u306a\u7406\u7531\u306f\u3001\u4ee5\u4e0b\u306e\u3068\u304a\u308a\u3067\u3059\u3002<\/p>\n<ul>\n<li>\u7d4c\u55b6\u5c64\u304c\u8cc7\u672c\u30b3\u30b9\u30c8\u3084<a href=\"https:\/\/biz.moneyforward.com\/words\/2083\/\" data-internallinksmanager029f6b8e52c=\"361\" title=\"\u8cc7\u672c\u52b9\u7387\">\u8cc7\u672c\u52b9\u7387<\/a>\u306e\u91cd\u8981\u6027\u306b\u3064\u3044\u3066\u5341\u5206\u7406\u89e3\u3057\u3066\u3044\u306a\u3044<\/li>\n<li>ROE\u3084ROA\u306b\u6bd4\u3079\u3066\u8a08\u7b97\u304c\u8907\u96d1\u3067\u3042\u308b<\/li>\n<li>\u4e8b\u696d\u5225\u306eB\/S\u304c\u4f5c\u6210\u3055\u308c\u3066\u304a\u3089\u305a\u3001ROIC\u3092\u8a08\u7b97\u3059\u308b\u305f\u3081\u306b\u5fc5\u8981\u306a\u6295\u4e0b\u8cc7\u672c\u3092\u628a\u63e1\u3067\u304d\u306a\u3044<\/li>\n<\/ul>\n<p>\u7279\u306b3\u756a\u76ee\u306b\u3064\u3044\u3066\u306f\u3001<span style=\"background-color: #ffff99;\"><b>\u4e00\u90e8\u306e<a href=\"https:\/\/biz.moneyforward.com\/accounting\/basic\/44717\/\" data-internallinksmanager029f6b8e52c=\"268\" title=\"\u52d8\u5b9a\u79d1\u76ee\">\u52d8\u5b9a\u79d1\u76ee<\/a>\uff08\u4ed5\u5165\u50b5\u52d9\u3084\u5171\u901a\u306e\u56fa\u5b9a\u8cc7\u7523\u306a\u3069\uff09\u306b\u5bfe\u3057\u3066\u6309\u5206\u8a08\u7b97\u3092\u884c\u3046\u3053\u3068\u304c\u671b\u307e\u3057\u3044<\/b><\/span>\u3068\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n<h3>ROIC\u3092\u63a8\u9032\u3059\u308b\u305f\u3081\u306e\u91cd\u8981\u306a\u30dd\u30a4\u30f3\u30c8<\/h3>\n<p>ROIC\u3092\u63a8\u9032\u3059\u308b\u4e0a\u3067\u62bc\u3055\u3048\u3066\u304a\u304d\u305f\u3044\u30dd\u30a4\u30f3\u30c8\u306f\u3001\u4ee5\u4e0b\u306e\u3068\u304a\u308a\u3067\u3059\u3002<\/p>\n<h4>\u30c8\u30c3\u30d7\u30c0\u30a6\u30f3\u3067\u306e\u63a8\u9032<\/h4>\n<p><span style=\"background-color: #ffff99;\"><b>\u7d4c\u55b6\u30c8\u30c3\u30d7\u304c\u3001ROIC\u306e\u5185\u5bb9\u3084\u5fc5\u8981\u6027\u3001\u5c0e\u5165\u306b\u3088\u3063\u3066\u671f\u5f85\u3055\u308c\u308b\u52b9\u679c\u3092\u5341\u5206\u306b\u7406\u89e3\u3057\u3001\u30c8\u30c3\u30d7\u30c0\u30a6\u30f3\u3067\u63a8\u9032\u3059\u308b\u3053\u3068\u304c\u91cd\u8981<\/b><\/span>\u3067\u3059\u3002<\/p>\n<h4>\u4ed5\u7d44\u307f\u306e\u69cb\u7bc9<\/h4>\n<p><span style=\"background-color: #ffff99;\"><b>ROIC\u306e\u8a55\u4fa1\u671f\u9593\u3092\u3001\u5358\u5e74\u5ea6\u3067\u306f\u306a\u304f3\uff5e5\u5e74\u306e\u4e2d\u671f\u306b\u8a2d\u5b9a\u3057\u3001\u4e8b\u696d\u90e8\u9580\u304c\u6295\u8cc7\u3092\u6291\u5236\u3057\u306b\u304f\u3044\u74b0\u5883\u3092\u6574\u3048\u308b\u3053\u3068\u304c\u5fc5\u8981<\/b><\/span>\u3067\u3059\u3002<br \/>\n\u3053\u306e\u5834\u5408\u306b\u306f\u8a55\u4fa1\u671f\u9593\u3068\u88fd\u54c1\u30e9\u30a4\u30d5\u30b5\u30a4\u30af\u30eb\uff08\u88fd\u54c1\u304c\u767a\u58f2\u3055\u308c\u3066\u304b\u3089\u5e02\u5834\u3067\u8ca9\u58f2\u3055\u308c\u306a\u304f\u306a\u308b\u307e\u3067\u306e\u671f\u9593\u3092\u6307\u3059\u3002\u6d88\u8cbb\u8005\u304c\u305d\u306e\u88fd\u54c1\u3092\u8cfc\u5165\u3067\u304d\u308b\u671f\u9593\u306e\u3053\u3068\uff09\u3068\u306e\u6574\u5408\u6027\u306b\u7559\u610f\u3059\u308b\u3053\u3068\u304c\u6c42\u3081\u3089\u308c\u307e\u3059\u3002<\/p>\n<h2>ROIC\u306e\u6d3b\u7528\u306b\u304a\u3051\u308b\u6ce8\u610f\u70b9<\/h2>\n<p><span style=\"background-color: #ffff99;\"><b>ROIC\u3092\u6d3b\u7528\u3059\u308b\u969b\u306b\u306f\u3001\u3044\u304f\u3064\u304b\u306e\u6ce8\u610f\u70b9\u3092\u7406\u89e3\u3057\u3066\u304a\u304f\u3053\u3068\u304c\u91cd\u8981<\/b><\/span>\u3067\u3059\u3002\u6ce8\u610f\u3059\u3079\u304d\u843d\u3068\u3057\u7a74\u3084\u3001\u8aa4\u89e3\u3092\u907f\u3051\u308b\u305f\u3081\u306e\u8996\u70b9\u306b\u3064\u3044\u3066\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n<h3>ROIC\u306f\u73fe\u5834\u30ec\u30d9\u30eb\u3067\u306e\u7406\u89e3\u304c\u96e3\u3057\u3044<\/h3>\n<p><span style=\"background-color: 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