{"id":906,"date":"2026-10-23T07:13:59","date_gmt":"2026-10-22T22:13:59","guid":{"rendered":"https:\/\/www.kabutec.jp\/blog\/?p=906"},"modified":"2026-10-23T07:13:59","modified_gmt":"2026-10-22T22:13:59","slug":"jfe%e3%83%9b%e3%83%bc%e3%83%ab%e3%83%87%e3%82%a3%e3%83%b3%e3%82%b0%e3%82%b9%ef%bc%885411%ef%bc%89%e2%94%80%e2%94%80-%e9%85%8d%e5%bd%9380%e5%86%86%e3%81%ae%e3%80%8c%e5%ba%8a%e3%80%8d%e3%81%a8pbr0-43","status":"publish","type":"post","link":"https:\/\/www.kabutec.jp\/blog\/?p=906","title":{"rendered":"JFE\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9\uff085411\uff09\u2500\u2500 \u914d\u5f5380\u5186\u306e\u300c\u5e8a\u300d\u3068PBR0.43\u500d\u3002\u30d6\u30e9\u30c3\u30af\u30ed\u30c3\u30af5%\u8d85\u3048\u306f\u53f7\u7832\u3067\u306f\u306a\u3044"},"content":{"rendered":"\n<div id=\"ktb-jfe\">\n<style>\n#ktb-jfe{--ink:#1f2a37;--paper:#fbfbf9;--steel:#3d5a80;--mist:#e3e8ee;--accent:#a4372a;--mute:#5b6675;\n  color:var(--ink);background:var(--paper);font-family:\"Noto Sans 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1,883<\/text>\n<text x=\"650\" y=\"206\" text-anchor=\"middle\">10\/15 \u5b89\u5024<\/text><text x=\"650\" y=\"220\" text-anchor=\"middle\">1,687<\/text>\n<text x=\"690\" y=\"152\" text-anchor=\"end\">10\/22 1,759<\/text>\n<\/g>\n<text x=\"612\" y=\"262\" text-anchor=\"middle\" font-size=\"12\" fill=\"#a4372a\">9\/29 \u6a29\u5229\u843d\u3061<\/text>\n<line x1=\"612\" y1=\"178\" x2=\"612\" y2=\"250\" stroke=\"#a4372a\" stroke-width=\"1\" stroke-dasharray=\"3 3\"\/>\n<text x=\"385\" y=\"290\" text-anchor=\"middle\" font-size=\"11.5\" fill=\"#5b6675\">\u4e3b\u8981\u6642\u70b9\u306e\u682a\u4fa1\u3092\u7d50\u3093\u3060\u7565\u56f3\uff08\u65e5\u3005\u306e\u5024\u52d5\u304d\u3067\u306f\u306a\u3044\uff09<\/text>\n<\/g>\n<\/svg>\n<figcaption>\u56f31\uff1a2026\u5e74\u306e\u682a\u4fa1\u306e\u6d41\u308c\u30022\u6708\u306e\u9ad8\u5024\u304b\u30896\u6708\u306e\u5b89\u5024\u307e\u306735%\u4e0b\u843d\u3057\u3001\u305d\u306e\u5f8c\u306e\u623b\u308a\u306f9\u6708\u306e1,883\u5186\u304c\u982d\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/figcaption>\n<\/figure>\n\n<p>2026\u5e74\u306e\u682a\u4fa1\u306f\u30011\u6708\u306e\u59cb\u50242,018\u5186\u304b\u30892\u670812\u65e5\u306b\u5e74\u521d\u6765\u9ad8\u50242,359\u5186\u3092\u3064\u3051\u305f\u3002\u305d\u3053\u304b\u3089\u4e2d\u6771\u60c5\u52e2\u306e\u7dca\u8feb\u5316\u3068\u3068\u3082\u306b\u4e0b\u3052\u306b\u8ee2\u3058\u30016\u670826\u65e5\u306b\u306f\u5e74\u521d\u6765\u5b89\u50241,535\u5186\u307e\u3067\u58f2\u3089\u308c\u305f\u3002\u9ad8\u5024\u304b\u308935%\u306e\u4e0b\u843d\u3067\u3042\u308b\u3002<\/p>\n<p>\u590f\u4ee5\u964d\u306f\u623b\u3057\u305f\u3082\u306e\u306e\u30019\u670818\u65e5\u306e1,883\u5186\u8fd1\u8fba\u3067\u982d\u3092\u6253\u3063\u305f\u30029\u670829\u65e5\u306b\u306f\u524d\u65e5\u6bd44.87%\u5b89\u306e1,737\u5186\u3068\u5927\u304d\u304f\u4e0b\u3052\u305f\u304c\u3001\u3053\u308c\u306f9\u6708\u672b\u306e\u4e2d\u9593\u914d\u5f53\uff0840\u5186\uff09\u306e\u6a29\u5229\u843d\u3061\u304c\u91cd\u306a\u3063\u305f\u65e5\u3067\u3001\u4e0b\u3052\u5e45\u306e\u3046\u30612%\u5f37\u306f\u914d\u5f53\u5206\u3060\u300210\u670815\u65e5\u306b1,687.5\u5186\u307e\u3067\u4e0b\u3052\u305f\u3042\u3068\u300122\u65e5\u306b\u306f1,759\u5186\u307e\u3067\u6301\u3061\u76f4\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>\u30c6\u30af\u30cb\u30ab\u30eb\u9762\u306f\u307e\u3060\u5f31\u3044\u300210\u670820\u65e5\u306b\u306f25\u65e5\u79fb\u52d5\u5e73\u5747\u7dda\u304c75\u65e5\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u4e0b\u306b\u629c\u3051\u308b\u30c7\u30c3\u30c9\u30af\u30ed\u30b9\u304c\u51fa\u3066\u304a\u308a\u3001\u77ed\u671f\u306e\u623b\u308a\u306e\u4e2d\u3067\u4e2d\u671f\u306e\u4e0b\u964d\u57fa\u8abf\u304c\u6b8b\u3063\u3066\u3044\u308b\u5f62\u3060\u3002<\/p>\n\n<h3>3. \u30d6\u30e9\u30c3\u30af\u30ed\u30c3\u30af\u306e5%\u8d85\u3048 \u2500\u2500 \u53f7\u7832\u3067\u306f\u306a\u304f\u3001\u53d7\u52d5\u7684\u306a\u63fa\u308c<\/h3>\n<p>\u30d6\u30e9\u30c3\u30af\u30ed\u30c3\u30af\u30fb\u30b8\u30e3\u30d1\u30f3\u306f10\u67085\u65e5\u4ed8\u3067\u5927\u91cf\u4fdd\u6709\u5831\u544a\u66f8\u3092\u8ca1\u52d9\u5c40\u306b\u65b0\u898f\u63d0\u51fa\u3057\u3001\u4fdd\u6709\u6bd4\u7387\u304c5.03%\u3068\u65b0\u305f\u306b5%\u3092\u8d85\u3048\u305f\u3053\u3068\u304c\u5224\u660e\u3057\u305f\u3002\u5831\u544a\u7fa9\u52d9\u767a\u751f\u65e5\u306f9\u670830\u65e5\u3001\u4fdd\u6709\u76ee\u7684\u306f\u300c\u8a72\u5f53\u4e8b\u9805\u306a\u3057\u300d\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u958b\u793a\u304c\u5404\u7a2e\u30b5\u30a4\u30c8\u306b\u51fa\u305d\u308d\u3063\u305f\u306e\u304c10\u67086\u65e5\u3067\u3001\u8a71\u984c\u306b\u306a\u3063\u305f\u306e\u306f\u3053\u306e\u65e5\u3060\u3002<\/p>\n<p>\u300c\u4e16\u754c\u6700\u5927\u306e\u904b\u7528\u4f1a\u793e\u304c\u8cb7\u3063\u305f\u300d\u3068\u805e\u304f\u3068\u5f37\u6c17\u6750\u6599\u306b\u898b\u3048\u308b\u304c\u3001\u3053\u3053\u306f\u51b7\u9759\u306b\u8aad\u307f\u305f\u3044\u3002\u7406\u7531\u306f3\u3064\u3042\u308b\u3002<\/p>\n<ol>\n<li><strong>\u540c\u3058\u65e5\u306b\u8907\u6570\u9298\u67c4\u3067\u540c\u3058\u5831\u544a\u304c\u51fa\u3066\u3044\u308b\u3002<\/strong>\u540c\u305810\u67085\u65e5\u3001\u30d6\u30e9\u30c3\u30af\u30ed\u30c3\u30af\u306f\u30b3\u30e0\u30b7\u30b9\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9\u306b\u3064\u3044\u3066\u30825.64%\u3067\u65b0\u898f\u306e\u5927\u91cf\u4fdd\u6709\u5831\u544a\u3092\u51fa\u3057\u3066\u304a\u308a\u3001\u5831\u544a\u7fa9\u52d9\u767a\u751f\u65e5\u306f\u540c\u3058\u304f9\u670830\u65e5\u3060\u3002\u30b7\u30b9\u30e1\u30c3\u30af\u30b9\u306b\u3064\u3044\u3066\u3082\u540c\u65e5\u306b\u65b0\u898f\u5831\u544a\u304c\u51fa\u3066\u3044\u308b\u3002\u56db\u534a\u671f\u672b\u306e9\u670830\u65e5\u306b\u8907\u6570\u9298\u67c4\u3067\u4e00\u6589\u306b5%\u3092\u8d85\u3048\u305f\u306e\u306f\u3001\u6307\u6570\u9023\u52d5\u306e\u8cc7\u91d1\u3084\u7d44\u307f\u5165\u308c\u6bd4\u7387\u306e\u8abf\u6574\u306b\u3088\u308b\u52d5\u304d\u3068\u8003\u3048\u308b\u306e\u304c\u81ea\u7136\u3060\u3002<\/li>\n<li><strong>5%\u306e\u7dda\u3092\u884c\u3063\u305f\u308a\u6765\u305f\u308a\u3057\u3066\u3044\u308b\u3002<\/strong>JFE\u682a\u306b\u3064\u3044\u3066\u306f\u3001\u30d6\u30e9\u30c3\u30af\u30ed\u30c3\u30af\u306f9\u67084\u65e5\u306b\u4fdd\u6709\u6e1b\u5c11\u306e\u5909\u66f4\u5831\u544a\u3092\u51fa\u3057\u3066\u3044\u305f\u3002\u6e1b\u3063\u3066\u3001\u307e\u305f\u5897\u3048\u30665%\u3092\u8d85\u3048\u305f\u3002\u7279\u5b9a\u306e\u9298\u67c4\u306b\u72d9\u3044\u3092\u5b9a\u3081\u3066\u8cb7\u3044\u96c6\u3081\u3066\u3044\u308b\u5f62\u3067\u306f\u306a\u3044\u3002<\/li>\n<li><strong>\u5831\u544a\u306e\u5f62\u5f0f\u305d\u306e\u3082\u306e\u3002<\/strong>\u4fdd\u6709\u76ee\u7684\u306e\u6b04\u304c\u300c\u8a72\u5f53\u4e8b\u9805\u306a\u3057\u300d\u3067\u3042\u308a\u3001\u7d4c\u55b6\u3078\u306e\u63d0\u6848\u306a\u3069\u3092\u793a\u3059\u3082\u306e\u3067\u306f\u306a\u3044\u3002<\/li>\n<\/ol>\n<p>\u4ee5\u524d\u53d6\u308a\u4e0a\u3052\u305f\u51fa\u524d\u9928\uff082484\uff09\u3067\u306f\u3001\u4e8b\u696d\u306e\u5185\u5074\u3092\u77e5\u308b\u4eba\u7269\u304c\u81ea\u5df1\u8cc7\u91d1\u3067\u8cb7\u3044\u5897\u3057\u305f\u3053\u3068\u304c\u682a\u4fa1\u306e\u71c3\u6599\u306b\u306a\u3063\u305f\u3002\u4eca\u56de\u306f\u305d\u308c\u3068\u306f\u6027\u8cea\u304c\u307e\u3063\u305f\u304f\u9055\u3046\u3002\u30d6\u30e9\u30c3\u30af\u30ed\u30c3\u30af\u306e5%\u8d85\u3048\u306f\u3001JFE\u682a\u306e\u8a55\u4fa1\u304c\u5909\u308f\u3063\u305f\u8a3c\u62e0\u3067\u306f\u306a\u304f\u3001\u5de8\u5927\u306a\u8cc7\u91d1\u304c\u6307\u6570\u3068\u3068\u3082\u306b\u63fa\u308c\u305f\u75d5\u8de1\u3068\u8aad\u3080\u306e\u304c\u59a5\u5f53\u3067\u3042\u308b\u3002<\/p>\n\n<h3>4. \u914d\u5f53 \u2500\u2500 \u672c\u5f53\u306e\u4e3b\u5f79\u306f\u300c80\u5186\u306e\u5e8a\u300d<\/h3>\n\n<figure>\n<svg viewBox=\"0 0 720 280\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" role=\"img\" aria-labelledby=\"ktbjfeT2\">\n<title id=\"ktbjfeT2\">JFE\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9\u306e\u5e74\u9593\u914d\u5f53\u306e\u63a8\u79fb\u3068\u4e0b\u965080\u5186<\/title>\n<g font-family=\"Noto Sans JP, Hiragino Kaku Gothic ProN, Meiryo, sans-serif\">\n<line x1=\"70\" y1=\"230\" x2=\"700\" y2=\"230\" stroke=\"#5b6675\" stroke-width=\"1\"\/>\n<g fill=\"#3d5a80\">\n<rect x=\"100\" y=\"62\" width=\"60\" height=\"168\"\/>\n<rect x=\"200\" y=\"134\" width=\"60\" height=\"96\"\/>\n<rect x=\"300\" y=\"110\" width=\"60\" height=\"120\"\/>\n<rect x=\"400\" y=\"110\" width=\"60\" height=\"120\"\/>\n<rect x=\"500\" y=\"134\" width=\"60\" height=\"96\"\/>\n<\/g>\n<rect x=\"600\" y=\"134\" width=\"60\" height=\"96\" fill=\"#fff\" stroke=\"#3d5a80\" stroke-width=\"2\" stroke-dasharray=\"5 3\"\/>\n<line x1=\"80\" y1=\"134\" x2=\"690\" y2=\"134\" stroke=\"#a4372a\" stroke-width=\"2\" stroke-dasharray=\"7 4\"\/>\n<text x=\"690\" y=\"124\" text-anchor=\"end\" font-size=\"13\" font-weight=\"700\" fill=\"#a4372a\">\u4e0b\u9650 80\u5186<\/text>\n<g font-size=\"14\" font-weight=\"700\" fill=\"#1f2a37\" text-anchor=\"middle\">\n<text x=\"130\" y=\"54\">140<\/text><text x=\"230\" y=\"126\">80<\/text><text x=\"330\" y=\"102\">100<\/text><text x=\"430\" y=\"102\">100<\/text><text x=\"530\" y=\"126\">80<\/text><text x=\"630\" y=\"126\">80<\/text>\n<\/g>\n<g font-size=\"12.5\" fill=\"#5b6675\" text-anchor=\"middle\">\n<text x=\"130\" y=\"250\">22\u5e743\u6708\u671f<\/text><text x=\"230\" y=\"250\">23\u5e743\u6708\u671f<\/text><text x=\"330\" y=\"250\">24\u5e743\u6708\u671f<\/text><text x=\"430\" y=\"250\">25\u5e743\u6708\u671f<\/text><text x=\"530\" y=\"250\">26\u5e743\u6708\u671f<\/text><text x=\"630\" y=\"250\">27\u5e743\u6708\u671f\u4e88<\/text>\n<\/g>\n<text x=\"385\" y=\"272\" text-anchor=\"middle\" font-size=\"11.5\" fill=\"#5b6675\">\u5358\u4f4d\uff1a\u5186\uff0f\u682a\uff08\u73fe\u5728\u306e\u682a\u6570\u30d9\u30fc\u30b9\uff09<\/text>\n<\/g>\n<\/svg>\n<figcaption>\u56f32\uff1a\u5e74\u9593\u914d\u5f53\u306e\u63a8\u79fb\u3002\u666f\u6c17\u306e\u6ce2\u3067\u4e0a\u4e0b\u3057\u3066\u304d\u305f\u304c\u3001\u73fe\u884c\u306e\u4e2d\u671f\u7d4c\u55b6\u8a08\u753b\u3067\u306f80\u5186\u3092\u4e0b\u9650\u3068\u5b9a\u3081\u3066\u3044\u308b\u3002<\/figcaption>\n<\/figure>\n\n<p>JFE\u306e\u5e74\u9593\u914d\u5f53\u306f\u30012022\u5e743\u6708\u671f\u306e140\u5186\u304b\u308980\u5186\u3001100\u5186\u3001100\u5186\u300180\u5186\u3068\u3001\u9244\u92fc\u5e02\u6cc1\u306e\u6ce2\u3068\u3068\u3082\u306b\u4e0a\u4e0b\u3057\u3066\u304d\u305f\u3002\u4eca\u671f\u306e\u4e88\u60f3\u306f80\u5186\u3067\u3001\u4e2d\u959340\u5186\u30fb\u671f\u672b40\u5186\u3067\u3042\u308b\u3002<\/p>\n<p>\u91cd\u8981\u306a\u306e\u306f\u914d\u5f53\u65b9\u91dd\u306e\u4e2d\u8eab\u3060\u3002\u7b2c8\u6b21\u4e2d\u671f\u7d4c\u55b6\u8a08\u753b\u3067\u306f\u300c\u914d\u5f53\u6027\u541130%\u7a0b\u5ea6\u3001\u305f\u3060\u3057\u5e74\u959380\u5186\u3092\u4e0b\u9650\u3068\u3059\u308b\u300d\u3068\u5b9a\u3081\u3066\u3044\u308b\u3002\u4eca\u671f\u306e\u4f1a\u793e\u4e88\u60f3\u306e1\u682a\u5229\u76ca235.8\u5186\u306b\u914d\u5f53\u6027\u541130%\u3092\u639b\u3051\u308b\u3068\u7d0471\u5186\u306b\u3057\u304b\u306a\u3089\u306a\u3044\u306e\u3067\u3001\u5b9f\u306f\u4e0b\u9650\u306e80\u5186\u306e\u307b\u3046\u304c\u52b9\u3044\u3066\u3044\u308b\u8a08\u7b97\u306b\u306a\u308b\u3002<\/p>\n<p>\u3053\u306e\u4e0b\u9650\u304c\u53e3\u7d04\u675f\u3067\u306a\u3044\u3053\u3068\u306f\u3001\u524d\u671f\u306e\u5b9f\u7e3e\u304c\u793a\u3057\u3066\u3044\u308b\u3002\u7d14\u5229\u76ca\u304c23.6%\u6e1b\u3063\u305f\u524d\u671f\u3082\u914d\u5f53\u306f80\u5186\u3092\u7dad\u6301\u3057\u3001\u914d\u5f53\u6027\u5411\u306f72.5%\u307e\u3067\u4e0a\u304c\u3063\u305f\u3002\u5229\u76ca\u304c\u843d\u3061\u3066\u3082\u4e0b\u9650\u3092\u5b88\u3063\u305f\u5b9f\u7e3e\u304c1\u56de\u3042\u308b\u3001\u3068\u3044\u3046\u3053\u3068\u3060\u3002<\/p>\n<p>\u682a\u4fa11,759\u5186\u306b\u5bfe\u3057\u306680\u5186\u306f\u5229\u56de\u308a4.55%\u3002\u4eee\u306b\u682a\u4fa1\u304c1,600\u5186\u307e\u3067\u4e0b\u304c\u308c\u3070\u5229\u56de\u308a\u306f5%\u306b\u9054\u3059\u308b\u3002\u914d\u5f53\u306e\u5e8a\u304c\u3001\u305d\u306e\u307e\u307e\u682a\u4fa1\u306e\u5e8a\u3068\u3057\u3066\u6a5f\u80fd\u3057\u3084\u3059\u3044\u69cb\u9020\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n<h3>5. \u5272\u5b89\u3055\u306e\u4e2d\u8eab \u2500\u2500 PBR0.43\u500d\u306f\u306a\u305c\u653e\u7f6e\u3055\u308c\u308b\u306e\u304b<\/h3>\n<div class=\"ktb-tbl\"><table>\n<thead><tr><th>\u6307\u6a19<\/th><th>\u6570\u5024<\/th><th>\u8aad\u307f\u65b9<\/th><\/tr><\/thead>\n<tbody>\n<tr><td>\u4e88\u60f3PER<\/td><td class=\"num\">7.46\u500d<\/td><td>\u4f1a\u793e\u8a08\u753b\u306e1,500\u5104\u5186\u3092\u9054\u6210\u3059\u308b\u524d\u63d0\u3067\u306e\u6c34\u6e96<\/td><\/tr>\n<tr><td>PBR<\/td><td class=\"num\">0.43\u500d<\/td><td>1\u682a\u7d14\u8cc7\u75234,144\u5186\u306e4\u5272\u5f37<\/td><\/tr>\n<tr><td>\u4e88\u60f3\u914d\u5f53\u5229\u56de\u308a<\/td><td class=\"num\">4.55%<\/td><td>80\u5186\u4e0b\u9650\u304c\u652f\u3048\u308b<\/td><\/tr>\n<tr><td>ROE\uff08\u524d\u671f\u5b9f\u7e3e\uff09<\/td><td class=\"num\">2.73%<\/td><td>\u4eca\u671f\u8a08\u753b\u3067\u30826%\u7a0b\u5ea6<\/td><\/tr>\n<tr><td>\u81ea\u5df1\u8cc7\u672c\u6bd4\u7387<\/td><td class=\"num\">44.4%<\/td><td>\u8ca1\u52d9\u306e\u4f53\u529b\u306f\u5341\u5206<\/td><\/tr>\n<tr><td>\u6642\u4fa1\u7dcf\u984d<\/td><td class=\"num\">\u7d041.12\u5146\u5186<\/td><td>\u65e5\u7d4c\u5e73\u5747\u306e\u63a1\u7528\u9298\u67c4<\/td><\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>PBR0.43\u500d\u306f\u3001\u5e33\u7c3f\u4e0a\u306e\u7d14\u8cc7\u7523\u306e\u534a\u5024\u4ee5\u4e0b\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002\u305f\u3060\u3057\u3001\u3053\u308c\u306f\u5e02\u5834\u306e\u898b\u843d\u3068\u3057\u3067\u306f\u306a\u3044\u3002\u7406\u7531\u306f\u306f\u3063\u304d\u308a\u3057\u3066\u3044\u3066\u3001\u8cc7\u672c\u306e\u7a3c\u3050\u529b\u304c\u5f31\u3044\u304b\u3089\u3060\u3002\u524d\u671f\u306eROE\u306f2.73%\u3002\u4eca\u671f\u306e\u8a08\u753b\u3069\u304a\u308a\u306b\u9032\u3093\u3067\u30826%\u7a0b\u5ea6\u3067\u3001\u682a\u4e3b\u304c\u6c42\u3081\u308b\u6c34\u6e96\u3068\u3055\u308c\u308b8%\u306b\u306f\u5c4a\u304b\u306a\u3044\u3002<\/p>\n<p>\u3082\u3068\u3082\u30682025\u5e745\u6708\u306b\u516c\u8868\u3057\u305f\u7b2c8\u6b21\u4e2d\u671f\u7d4c\u55b6\u8a08\u753b\u3067\u306f\u30012027\u5e74\u5ea6\u306b\u9023\u7d50\u4e8b\u696d\u5229\u76ca4,000\u5104\u5186\u3001ROE10%\u4ee5\u4e0a\u3068\u3044\u3046\u76ee\u6a19\u3092\u63b2\u3052\u3066\u3044\u305f\u3002\u3068\u3053\u308d\u304c\u4eca\u5e748\u6708\u306e\u8cc7\u6599\u3067\u306f\u3001\u6295\u8cc7\u8a08\u753b\u306e\u898b\u76f4\u3057\u3068\u8cc7\u7523\u58f2\u5374\u306e\u4fc3\u9032\u304c\u4e26\u3073\u3001\u5b88\u308b\u3068\u660e\u8a00\u3055\u308c\u3066\u3044\u308b\u306e\u306f\u914d\u5f53\u65b9\u91dd\u3067\u3042\u308b\u3002\u6210\u9577\u76ee\u6a19\u3088\u308a\u682a\u4e3b\u9084\u5143\u306e\u7dad\u6301\u3092\u512a\u5148\u3059\u308b\u59ff\u52e2\u3078\u3001\u91cd\u5fc3\u304c\u79fb\u308a\u3064\u3064\u3042\u308b\u3088\u3046\u306b\u898b\u3048\u308b\u3002<\/p>\n<p>\u3055\u3089\u306b\u69cb\u9020\u7684\u306a\u8ad6\u70b9\u3068\u3057\u3066\u3001\u9ad8\u7089\u304b\u3089\u96fb\u7089\u3078\u306e\u8ee2\u63db\u306a\u3069\u8131\u70ad\u7d20\u306b\u5411\u3051\u305f\u8a2d\u5099\u6295\u8cc7\u304c\u4eca\u5f8c\u3082\u91cd\u304f\u306e\u3057\u304b\u304b\u308b\u3002\u5e33\u7c3f\u4e0a\u306e\u7d14\u8cc7\u7523\u306e\u591a\u304f\u3092\u5360\u3081\u308b\u88fd\u9244\u8a2d\u5099\u304c\u3001\u5c06\u6765\u3069\u308c\u3060\u3051\u306e\u4fa1\u5024\u3092\u4fdd\u3064\u304b\u306f\u4e0d\u78ba\u304b\u3060\u3002PBR\u304c\u4f4e\u3044\u306e\u306f\u3001\u5229\u76ca\u306e\u4f4e\u3055\u3068\u8a2d\u5099\u306e\u5c06\u6765\u4fa1\u5024\u3078\u306e\u7591\u554f\u304c\u91cd\u306a\u3063\u305f\u7d50\u679c\u3067\u3042\u308b\u3002<\/p>\n<p>\u4ee5\u524d\u53d6\u308a\u4e0a\u3052\u305f\u4f4f\u53cb\u30b4\u30e0\uff085110\uff09\u306ePBR0.7\u500d\u306f\u3001\u7d14\u8cc7\u7523\u306e\u4e00\u90e8\u3092\u306e\u308c\u3093\u3084\u5546\u6a19\u6a29\u304c\u5360\u3081\u3066\u3044\u305f\u3002JFE\u306e\u7d14\u8cc7\u7523\u306f\u5de5\u5834\u3084\u8a2d\u5099\u3068\u3044\u3046\u76ee\u306b\u898b\u3048\u308b\u8cc7\u7523\u304c\u4e2d\u5fc3\u3067\u3001\u4e2d\u8eab\u306e\u6027\u8cea\u304c\u9055\u3046\u3002\u305f\u3060\u3057\u3001\u76ee\u306b\u898b\u3048\u308b\u8cc7\u7523\u3067\u3042\u3063\u3066\u3082\u3001\u7a3c\u3050\u529b\u304c\u4f34\u308f\u306a\u3051\u308c\u3070\u8a55\u4fa1\u3055\u308c\u306a\u3044\u3002\u305d\u306e\u5178\u578b\u4f8b\u3068\u8a00\u3048\u308b\u3002<\/p>\n\n<h3>6. 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