{"id":28941,"date":"2026-08-12T10:19:33","date_gmt":"2026-08-12T01:19:33","guid":{"rendered":"https:\/\/official.gfs.tokyo\/blog\/?p=28941"},"modified":"2026-08-12T10:19:33","modified_gmt":"2026-08-12T01:19:33","slug":"ue-what-is-shareholder-return","status":"publish","type":"post","link":"https:\/\/official.gfs.tokyo\/blog\/ue-what-is-shareholder-return","title":{"rendered":"\u682a\u4e3b\u9084\u5143\u3068\u306f\uff1f\u521d\u5fc3\u8005\u5411\u3051\u57fa\u790e\u77e5\u8b58\u30fb\u6ce8\u610f\u70b9\u3068\u304a\u3059\u3059\u3081\u9298\u67c410\u9078\u3092\u5fb9\u5e95\u89e3\u8aac"},"content":{"rendered":"<h2 data-path-to-node=\"0\">\u682a\u4e3b\u9084\u5143\u3068\u306f\uff1f\u521d\u5fc3\u8005\u5411\u3051\u57fa\u790e\u77e5\u8b58\u30fb\u6ce8\u610f\u70b9\u3068\u304a\u3059\u3059\u3081\u9298\u67c410\u9078\u3092\u5fb9\u5e95\u89e3\u8aac<\/h2>\n<p 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10pt;\">\u65e5\u672c\u306eFP\u306e\u5148\u99c6\u8005\u3068\u3057\u3066\u8cc7\u7523\u904b\u7528\u306e\u5553\u8499\u306b\u5f93\u4e8b\u3002\u30bd\u30d5\u30c8\u30d0\u30f3\u30af\u30b0\u30eb\u30fc\u30d7\u304c\u5275\u8a2d\u3057\u305f\u79c1\u7acb<a href=\"https:\/\/www.cyber-u.ac.jp\/teacher\/ichikawa_yuichiro.html\">\u30b5\u30a4\u30d0\u30fc\u5927\u5b66<\/a>\u3067\u6559\u97ad\u3092\u57f7\u308b\u307b\u304b\u3001\u8b1b\u6f14\u4f9d\u983c\u3001\u30e1\u30c7\u30a3\u30a2\u51fa\u6f14\u3082\u591a\u6570\u3002\u8457\u66f8\u306b<a href=\"https:\/\/www.amazon.co.jp\/%E6%8A%95%E8%B3%87%E3%81%A7%E5%88%A9%E7%9B%8A%E3%82%92%E5%87%BA%E3%81%97%E3%81%A6%E3%81%84%E3%82%8B%E4%BA%BA%E3%81%9F%E3%81%A1%E3%81%8C%E5%A4%A7%E4%BA%8B%E3%81%AB%E3%81%97%E3%81%A6%E3%81%84%E3%82%8B-45%E3%81%AE%E6%95%99%E3%81%88-%E5%B8%82%E5%B7%9D-%E9%9B%84%E4%B8%80%E9%83%8E\/dp\/4532358825\">\u300c\u6295\u8cc7\u3067\u5229\u76ca\u3092\u51fa\u3057\u3066\u3044\u308b\u4eba\u305f\u3061\u304c\u5927\u4e8b\u306b\u3057\u3066\u3044\u308b 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ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c567799229=\"\"><source-inline-chip _ngcontent-ng-c567799229=\"\" _nghost-ng-c434047400=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/h3>\n<p data-path-to-node=\"14\">\u4f01\u696d\u304c\u3001\u5e02\u5834\u306b\u51fa\u56de\u3063\u3066\u3044\u308b\u81ea\u793e\u306e\u682a\u5f0f\u3092\u81ea\u3089\u306e\u8cc7\u91d1\u3067\u8cb7\u3044\u623b\u3059\u3053\u3068\u3067\u3059\u3002\u8cb7\u3044\u623b\u3057\u305f\u682a\u5f0f\u306f\u591a\u304f\u306e\u5834\u5408\u300c\u6d88\u5374\uff08\u7121\u52b9\u5316\uff09\u300d\u3055\u308c\u307e\u3059\u3002<\/p>\n<div class=\"attachment-container search-images\"><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><single-image _nghost-ng-c2279100189=\"\" data-is-interactive=\"false\" class=\"spark-licensed-center-host luminous-layout ng-star-inserted\" data-image-attachment-index=\"1\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.19.07-1024x624.png\" alt=\"\" width=\"445\" height=\"271\" class=\"aligncenter wp-image-28943\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.19.07-1024x624.png 1024w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.19.07-300x183.png 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.19.07-768x468.png 768w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.19.07.png 1240w\" sizes=\"(max-width: 445px) 100vw, 445px\" \/><\/single-image><\/response-element><\/div>\n<p data-path-to-node=\"16\">\u4e00\u898b\u3059\u308b\u3068\u624b\u5143\u306b\u73fe\u91d1\u304c\u5165\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u306e\u3067\u30d4\u30f3\u3068\u3053\u306a\u3044\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u304c\u3001\u3053\u308c\u306f\u300c\u30b1\u30fc\u30ad\u3092\u5207\u308a\u5206\u3051\u308b\u4eba\u6570\u304c\u6e1b\u308b\u300d<b data-path-to-node=\"16\" data-index-in-node=\"55\">\u306e\u3068\u540c\u3058\u3067\u3059\u3002\u5e02\u5834\u306e\u682a\u5f0f\u7dcf\u6570\u304c\u6e1b\u308b\u3053\u3068\u3067\u3001\u3042\u306a\u305f\u304c\u6301\u3063\u3066\u3044\u308b1\u682a\u3042\u305f\u308a\u306e\u4fa1\u5024\uff081\u682a\u5f53\u305f\u308a\u7d14\u5229\u76ca\uff1dEPS\u306a\u3069\uff09\u304c\u76f8\u5bfe\u7684\u306b\u9ad8\u307e\u308a\u3001\u7d50\u679c\u3068\u3057\u3066<\/b>\u682a\u4fa1\u306e\u4e0a\u6607\u306b\u7e4b\u304c\u308a\u3084\u3059\u304f\u306a\u308a\u307e\u3059\u3002\u7a0e\u91d1\u304c\u76f4\u63a5\u304b\u304b\u3089\u306a\u3044\u305f\u3081\u3001\u975e\u5e38\u306b\u52b9\u7387\u7684\u306a\u9084\u5143\u624b\u6cd5\u3068\u3057\u3066\u5916\u56fd\u4eba\u6295\u8cc7\u5bb6\u304b\u3089\u3082\u597d\u307e\u308c\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"17\">3. \u682a\u4e3b\u512a\u5f85<\/h3>\n<p data-path-to-node=\"18\">\u81ea\u793e\u5546\u54c1\u3084\u30af\u30aa\u30ab\u30fc\u30c9\u3001\u5272\u5f15\u5238\u306a\u3069\u3092\u682a\u4e3b\u306b\u8d08\u308b\u3001\u65e5\u672c\u72ec\u81ea\u306e\u30e6\u30cb\u30fc\u30af\u306a\u5236\u5ea6\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"18\">\u6295\u8cc7\u306e\u697d\u3057\u307f\u306e\u4e00\u3064\u3068\u3057\u3066\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u306f\u6839\u5f37\u3044\u4eba\u6c17\u304c\u3042\u308a\u307e\u3059\u304c\u3001\u8fd1\u5e74\u306f\u5927\u304d\u306a\u8ee2\u63db\u671f\u3092\u8fce\u3048\u3066\u3044\u307e\u3059\u3002\u300c\u6d77\u5916\u6295\u8cc7\u5bb6\u3084\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306b\u5bfe\u3057\u3066\u4e0d\u516c\u5e73\u3067\u3042\u308b\uff08\u5f7c\u3089\u306f\u65e5\u672c\u306e\u512a\u5f85\u54c1\u3092\u53d7\u3051\u53d6\u3063\u3066\u3082\u4f7f\u3044\u9053\u304c\u306a\u3044\uff09\u300d\u3068\u3044\u3046\u7406\u7531\u304b\u3089\u3001\u512a\u5f85\u3092\u5ec3\u6b62\u3057\u3001\u305d\u306e\u5206\u306e\u8cc7\u91d1\u3092\u300c\u914d\u5f53\u91d1\u300d\u3084\u300c\u81ea\u793e\u682a\u8cb7\u3044\u300d\u306b\u56de\u3059\uff08\u9084\u5143\u3092\u4e00\u672c\u5316\u3059\u308b\uff09\u4f01\u696d\u304c\u6025\u5897\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"20\">\u7b2c2\u7ae0\uff1a\u521d\u5fc3\u8005\u3067\u3082\u308f\u304b\u308b\uff01\u682a\u4e3b\u9084\u5143\u6307\u6a19\u306e\u4f53\u7cfb\u7684\u89e3\u8aac<\/h2>\n<p data-path-to-node=\"21\">\u682a\u4e3b\u9084\u5143\u306e\u7a4d\u6975\u6027\u3092\u6e2c\u308b\u305f\u3081\u306b\u306f\u3001\u3044\u304f\u3064\u304b\u306e\u91cd\u8981\u306a\u8ca1\u52d9\u6307\u6a19\uff08\u30e2\u30ce\u30b5\u30b7\uff09\u3092\u77e5\u3063\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u3053\u3067\u306f\u3001\u7d76\u5bfe\u306b\u62bc\u3055\u3048\u3066\u304a\u304d\u305f\u30445\u3064\u306e\u6307\u6a19\u3092\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"22\" id=\"p-rc_fe1969179296fd06-4185\"><span class=\"citation-9585 citation-end-9585\">1. \u914d\u5f53\u5229\u56de\u308a\uff08\u306f\u3044\u3068\u3046\u308a\u307e\u308f\u308a\uff09<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"2\"><\/sup><\/source-footnote><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c567799229=\"\"><source-inline-chip _ngcontent-ng-c567799229=\"\" _nghost-ng-c434047400=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/h3>\n<p data-path-to-node=\"23\">\u6295\u8cc7\u3057\u305f\u91d1\u984d\uff08\u682a\u4fa1\uff09\u306b\u5bfe\u3057\u3066\u30011\u5e74\u9593\u3067\u3069\u308c\u3060\u3051\u306e\u914d\u5f53\u91d1\u3092\u53d7\u3051\u53d6\u308c\u308b\u304b\u3092\u793a\u3059\u5272\u5408\u3067\u3059\u3002\u4e00\u822c\u7684\u306b3%\u301c4%\u3092\u8d85\u3048\u308b\u3068\u300c\u9ad8\u914d\u5f53\u682a\u300d\u3068\u547c\u3070\u308c\u307e\u3059\u3002<\/p>\n<div data-path-to-node=\"24\">\n<div class=\"math-block\" data-math=\"\\text{\u914d\u5f53\u5229\u56de\u308a (\\%)} = \\frac{\\text{1\u682a\u5f53\u305f\u308a\u5e74\u9593\u914d\u5f53\u91d1}}{\\text{\u682a\u4fa1}} \\times 100\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.48.15.png\" alt=\"\" width=\"564\" height=\"93\" class=\"aligncenter  wp-image-28979\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.48.15.png 910w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.48.15-300x49.png 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.48.15-768x127.png 768w\" sizes=\"(max-width: 564px) 100vw, 564px\" \/><\/div>\n<\/div>\n<ul data-path-to-node=\"25\">\n<li>\n<p data-path-to-node=\"25,0,0\"><b data-path-to-node=\"25,0,0\" data-index-in-node=\"0\">\u30dd\u30a4\u30f3\u30c8:<\/b> \u682a\u4fa1\u304c\u4e0b\u304c\u308b\u3068\u3001\u8a08\u7b97\u4e0a\u306f\u914d\u5f53\u5229\u56de\u308a\u304c\u4e0a\u304c\u308a\u307e\u3059\u3002\u5229\u56de\u308a\u304c\u7570\u5e38\u306b\u9ad8\u3044\u5834\u5408\u306f\u3001\u696d\u7e3e\u60aa\u5316\u306b\u3088\u3063\u3066\u682a\u4fa1\u304c\u66b4\u843d\u3057\u3066\u3044\u308b\u3060\u3051\u306e\u300c\u7f60\u300d\u306e\u53ef\u80fd\u6027\u304c\u3042\u308b\u306e\u3067\u6ce8\u610f\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"26\">2. \u914d\u5f53\u6027\u5411\uff08\u306f\u3044\u3068\u3046\u305b\u3044\u3053\u3046\uff09<\/h3>\n<p data-path-to-node=\"27\">\u305d\u306e\u5e74\u306e\u7d14\u5229\u76ca\u306e\u3046\u3061\u3001\u4f55\uff05\u3092\u914d\u5f53\u91d1\u3068\u3057\u3066\u652f\u6255\u3063\u3066\u3044\u308b\u304b\u3092\u793a\u3059\u6307\u6a19\u3067\u3059\u3002\u4f01\u696d\u306e\u300c\u914d\u5f53\u306b\u5bfe\u3059\u308b\u672c\u6c17\u5ea6\u300d\u3068\u300c\u9084\u5143\u306e\u4f59\u529b\u300d\u304c\u308f\u304b\u308a\u307e\u3059\u3002<\/p>\n<div data-path-to-node=\"28\">\n<div class=\"math-block\" data-math=\"\\text{\u914d\u5f53\u6027\u5411 (\\%)} = \\frac{\\text{1\u682a\u5f53\u305f\u308a\u914d\u5f53\u91d1}}{\\text{1\u682a\u5f53\u305f\u308a\u7d14\u5229\u76ca (EPS)}} \\times 100\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.48.39.png\" alt=\"\" width=\"502\" height=\"91\" class=\"aligncenter  wp-image-28981\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.48.39.png 896w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.48.39-300x54.png 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.48.39-768x139.png 768w\" sizes=\"(max-width: 502px) 100vw, 502px\" \/><\/div>\n<\/div>\n<ul data-path-to-node=\"29\">\n<li>\n<p data-path-to-node=\"29,0,0\" id=\"p-rc_fe1969179296fd06-4186\"><b data-path-to-node=\"29,0,0\" data-index-in-node=\"0\">\u30dd\u30a4<span class=\"citation-9584\">\u30f3\u30c8:<\/span><\/b><span class=\"citation-9584 citation-end-9584\"> \u76ee\u5b89\u306f<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"3\"><\/sup><\/source-footnote><\/span>3<span class=\"citation-9583 citation-end-9583\">0%\u301c50%\u7a0b\u5ea6\u3067\u3059\u3002100%\u3092\u8d85\u3048\u3066\u3044\u308b\u5834\u5408\u3001\u7a3c\u3044\u3060\u5229\u76ca\u4ee5\u4e0a\u306b\u7121\u7406\u3092\u3057\u3066\u914d\u5f53\u3092\u51fa\u3057\u3066\u3044\u308b\uff08\u30bf\u30b3\u8db3\u914d\u5f53\uff09\u72b6\u614b\u3067\u3042\u308a\u3001\u3044\u305a\u308c\u6e1b\u914d\u3055\u308c\u308b\u30ea\u30b9\u30af\u304c\u9ad8\u307e\u308a\u307e\u3059\u3002<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"4\"><\/sup><\/source-footnote><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c567799229=\"\"><source-inline-chip _ngcontent-ng-c567799229=\"\" _nghost-ng-c434047400=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"30\" id=\"p-rc_fe1969179296fd06-4187\">3. D<span class=\"citation-9582 citation-end-9582\">OE\uff08\u682a\u4e3b\u8cc7\u672c\u914d\u5f53\u7387\uff09<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"5\"><\/sup><\/source-footnote><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c567799229=\"\"><source-inline-chip _ngcontent-ng-c567799229=\"\" _nghost-ng-c434047400=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/h3>\n<p data-path-to-node=\"31\" id=\"p-rc_fe1969179296fd06-4188\"><span class=\"citation-9581 citation-end-9581\">\u8fd1\u5e74\u3001<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"6\"><\/sup><\/source-footnote><\/span>\u914d\u5f53\u65b9\u91dd\u306e\u76ee\u6a19\u3068\u3057\u3066\u63a1\u7528\u3059\u308b\u4f01\u696d\u304c\u6025\u5897\u3057\u3066\u3044\u308b\u6700\u91cd\u8981\u30c8\u30ec\u30f3\u30c9\u6307\u6a19\u3067\u3059\u3002\u7d14\u8cc7\u7523\uff08\u682a\u4e3b\u8cc7\u672c\uff09\u306b\u5bfe\u3057\u3066\u3001\u3069\u308c\u3060\u3051\u914d\u5f53\u3092\u652f\u6255\u3063\u3066\u3044\u308b\u304b\u3092\u793a\u3057\u307e\u3059\u3002<\/p>\n<div data-path-to-node=\"32\">\n<div class=\"math-block\" data-math=\"\\text{DOE (\\%)} = \\frac{\\text{\u5e74\u9593\u306e\u914d\u5f53\u7dcf\u984d}}{\\text{\u682a\u4e3b\u8cc7\u672c}} \\times 100\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.49.08.png\" alt=\"\" width=\"436\" height=\"86\" class=\"aligncenter  wp-image-28982\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.49.08.png 700w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.49.08-300x59.png 300w\" sizes=\"(max-width: 436px) 100vw, 436px\" \/><\/div>\n<\/div>\n<ul data-path-to-node=\"33\">\n<li>\n<p data-path-to-node=\"33,0,0\" id=\"p-rc_fe1969179296fd06-4189\"><b data-path-to-node=\"33,0,0\" data-index-in-node=\"0\">\u30dd\u30a4\u30f3\u30c8<span class=\"citation-9580\">:<\/span><\/b><span class=\"citation-9580 citation-end-9580\"> \u5229\u76ca\u306f\u5e74\u306b<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"7\"><\/sup><\/source-footnote><\/span>\u3088\u3063\u3066\u5927\u304d\u304f\u5909\u52d5\u3057\u307e\u3059\u304c\u3001\u682a\u4e3b\u8cc7\u672c\uff08\u904e\u53bb\u306e\u5229\u76ca\u306e\u84c4\u7a4d\u3067\u3042\u308b\u7d14\u8cc7\u7523\uff09\u306f\u6025\u306b\u306f\u6e1b\u308a\u307e\u305b\u3093\u3002\u305d\u306e\u305f\u3081\u3001\u300cDOE\u3007\uff05\u3092\u76ee\u6a19\u3068\u3059\u308b\u300d\u3068\u5ba3\u8a00\u3057\u3066\u3044\u308b\u4f01\u696d\u306f\u3001\u300c\u696d\u7e3e\u304c\u4e00\u6642\u7684\u306b\u60aa\u5316\u3057\u3066\u3082\u3001\u7c21\u5358\u306b\u6e1b\u914d\u305b\u305a\u5b89\u5b9a\u3057\u3066\u914d\u5f53\u3092\u51fa\u3057\u7d9a\u3051\u307e\u3059\u3088\u300d\u3068\u3044\u3046\u5f37\u3044\u30b3\u30df\u30c3\u30c8\u30e1\u30f3\u30c8\u3092\u793a\u3057\u3066\u3044\u308b\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002<sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c567799229=\"\"><source-inline-chip _ngcontent-ng-c567799229=\"\" _nghost-ng-c434047400=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"34\" id=\"p-rc_fe1969179296fd06-4190\">4. PBR<span class=\"citation-9579 citation-end-9579\">\uff08\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\uff09<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"8\"><\/sup><\/source-footnote><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c567799229=\"\"><source-inline-chip _ngcontent-ng-c567799229=\"\" _nghost-ng-c434047400=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/h3>\n<p data-path-to-node=\"35\" id=\"p-rc_fe1969179296fd06-4191\"><span class=\"citation-9578 citation-end-9578\">\u4f01\u696d\u306e\u7d14\u8cc7<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"9\"><\/sup><\/source-footnote><\/span>\u7523<span class=\"citation-9577 citation-end-9577\">\uff08\u89e3\u6563\u4fa1\u5024\uff09\u306b\u5bfe\u3057\u3066\u3001\u682a\u4fa1\u304c\u4f55\u500d\u3067\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u304b\u3092\u793a\u3057\u307e\u3059\u3002\u6771\u8a3c\u306e\u6539\u5584\u8981\u8acb\u306e\u30bf\u30fc\u30b2\u30c3\u30c8\u3068\u306a\u3063\u305f\u6307\u6a19\u3067\u3059\u3002<\/span><\/p>\n<div data-path-to-node=\"36\">\n<div class=\"math-block\" data-math=\"\\text{PBR (\u500d)} = \\frac{\\text{\u682a\u4fa1}}{\\text{1\u682a\u5f53\u305f\u308a\u7d14\u8cc7\u7523 (BPS)}}\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.49.32.png\" alt=\"\" width=\"442\" height=\"75\" class=\"aligncenter  wp-image-28983\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.49.32.png 708w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.49.32-300x51.png 300w\" sizes=\"(max-width: 442px) 100vw, 442px\" \/><\/div>\n<\/div>\n<ul data-path-to-node=\"37\">\n<li>\n<p data-path-to-node=\"37,0,0\" id=\"p-rc_fe1969179296fd06-4192\"><b data-path-to-node=\"37,0,0\" data-index-in-node=\"0\">\u30dd\u30a4\u30f3\u30c8:<\/b><span class=\"citation-9576 citation-end-9576\"> PBR\u304c1\u500d\u3092<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"11\"><\/sup><\/source-footnote><\/span>\u5272\u3063\u3066\u3044\u308b\u72b6\u614b\u306f\u3001\u300c\u4f1a\u793e\u3092\u4eca\u3059\u3050\u89e3\u6563\u3057\u3066\u8cc7\u7523\u3092\u5206\u3051\u305f\u65b9\u304c\u3001\u4eca\u306e\u682a\u4fa1\u3067\u58f2\u308b\u3088\u308a\u30de\u30b7\u300d\u3068\u3044\u3046\u7570\u5e38\u4e8b\u614b\u3067\u3059\u3002\u3064\u307e\u308a\u3001\u5e02\u5834\u304b\u3089\u300c\u3053\u306e\u4f1a\u793e\u306f\u5c06\u6765\u3001\u8cc7\u7523\u3092\u5897\u3084\u3059\u3069\u3053\u308d\u304b\u6e1b\u3089\u3057\u3066\u3044\u304f\u3093\u3058\u3083\u306a\u3044\u304b\uff1f\u300d\u3068\u671f\u5f85\u3055\u308c\u3066\u3044\u306a\u3044\u72b6\u614b\u3068\u8a00\u3048\u307e\u3059\u3002<sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c567799229=\"\"><source-inline-chip _ngcontent-ng-c567799229=\"\" _nghost-ng-c434047400=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"38\">5. ROE\uff08\u81ea\u5df1\u8cc7\u672c\u5229\u76ca\u7387\uff09<\/h3>\n<p data-path-to-node=\"39\">\u682a\u4e3b\u304b\u3089\u96c6\u3081\u305f\u304a\u91d1\uff08\u81ea\u5df1\u8cc7\u672c\uff09\u3092\u4f7f\u3063\u3066\u3001\u3069\u308c\u3060\u3051\u52b9\u7387\u3088\u304f\u5229\u76ca\u3092\u7a3c\u3044\u3060\u304b\u3092\u793a\u3059\u6307\u6a19\u3067\u3059\u3002<\/p>\n<div data-path-to-node=\"40\">\n<div class=\"math-block\" data-math=\"\\text{ROE (\\%)} = \\frac{\\text{\u5f53\u671f\u7d14\u5229\u76ca}}{\\text{\u81ea\u5df1\u8cc7\u672c}} \\times 100\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.49.58.png\" alt=\"\" width=\"383\" height=\"101\" class=\"aligncenter  wp-image-28984\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.49.58.png 592w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.49.58-300x79.png 300w\" sizes=\"(max-width: 383px) 100vw, 383px\" \/><\/div>\n<\/div>\n<ul data-path-to-node=\"41\">\n<li>\n<p data-path-to-node=\"41,0,0\" id=\"p-rc_fe1969179296fd06-4193\"><b data-path-to-node=\"41,0,0\" data-index-in-node=\"0\"><span class=\"citation-9575 citation-end-9575\">\u30dd\u30a4<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"12\"><\/sup><\/source-footnote><\/span>\u30f3\u30c8:<\/b> <span class=\"citation-9574 citation-end-9574\">\u4e00\u822c\u7684\u306bROE\u304c8%\u301c<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"13\"><\/sup><\/source-footnote><\/span>10%\u4ee5\u4e0a\u3042\u308b\u3068\u300c\u7a3c\u3050\u529b\u304c\u9ad8\u3044\uff08\u8cc7\u672c\u52b9\u7387\u304c\u826f\u3044\uff09\u300d\u3068\u8a55\u4fa1\u3055\u308c\u307e\u3059\u3002\u5229\u76ca\u3092\u6e9c\u3081\u8fbc\u3080\u3060\u3051\u3067\u4f7f\u308f\u306a\u3044\u3068\u3001\u5206\u6bcd\uff08\u81ea\u5df1\u8cc7\u672c\uff09\u304c\u5927\u304d\u304f\u306a\u308aROE\u304c\u4f4e\u4e0b\u3057\u307e\u3059\u3002\u305d\u306e\u305f\u3081\u3001\u81ea\u793e\u682a\u8cb7\u3044\u3084\u5897\u914d\u3092\u884c\u3063\u3066\u81ea\u5df1\u8cc7\u672c\u3092\u9069\u6b63\u5316\u3057\u3001ROE\u3092\u9ad8\u3081\u3088\u3046\u3068\u3059\u308b\u306e\u304c\u6628\u4eca\u306e\u682a\u4e3b\u9084\u5143\u306e\u5927\u304d\u306a\u6d41\u308c\u3067\u3059\u3002<sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c567799229=\"\"><source-inline-chip _ngcontent-ng-c567799229=\"\" _nghost-ng-c434047400=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<\/li>\n<\/ul>\n<div class=\"xcd-attention-6 xcd-col5 xcd-ripple\">\n<div class=\"xcd-title-wrap\">\n<div class=\"xcd-title\"><span>\u3042\u306a\u305f\u306b\u672c\u5f53\u306b\u9069\u3057\u305f\u6295\u8cc7\u306f\u3069\u308c\uff1f<\/span><\/div>\n<\/div>\n<div class=\"xcd-content\">\n<p><span style=\"font-size: 12pt;\"><strong>\u30fb\u6295\u8cc7\u3067\u53ce\u5165\u3092\u5f97\u305f\u3044\u3001\u8cc7\u7523\u3092\u5897\u3084\u3057\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u30ea\u30b9\u30af\u306f\u3067\u304d\u308b\u3060\u3051\u6291\u3048\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u6295\u8cc7\u5148\u306e\u898b\u6975\u3081\u65b9\u3092\u77e5\u308a\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u6210\u529f\u3057\u3066\u3044\u308b\u6295\u8cc7\u5bb6\u3068\u63a5\u70b9\u304c\u6b32\u3057\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u7269\u4fa1\u4e0a\u6607\u3078\u306e\u5bfe\u7b56\u306b\u306f\u6295\u8cc7\u304c\u5fc5\u8981\u3068\u8003\u3048\u3066\u3044\u308b\u3000YES or NO<\/strong><\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?argument=XJhet6w1&amp;dmai=a64e31f9ee75a0\"><strong>\u2192\u3000YES\u304c\uff13\u3064\u4ee5\u4e0a\u3060\u3063\u305f\u65b9\u306f\u3001\u3053\u3061\u3089\u3092\u30af\u30ea\u30c3\u30af<\/strong><\/a><\/span><\/p>\n<\/div>\n<\/div>\n<h2 data-path-to-node=\"43\">\u7b2c3\u7ae0\uff1a\u682a\u4e3b\u9084\u5143\u9298\u67c4\u306b\u6295\u8cc7\u3059\u308b\u969b\u306b\u300c\u6ce8\u610f\u3059\u308b\u3053\u3068\u300d<\/h2>\n<p data-path-to-node=\"44\">\u682a\u4e3b\u9084\u5143\u304c\u624b\u539a\u3044\u9298\u67c4\u306f\u9b45\u529b\u7684\u3067\u3059\u304c\u3001\u76f2\u76ee\u7684\u306b\u98db\u3073\u3064\u304f\u306e\u306f\u5371\u967a\u3067\u3059\u3002\u5927\u5207\u306a\u8cc7\u7523\u3092\u5b88\u308b\u305f\u3081\u306b\u3001\u4ee5\u4e0b\u306e4\u3064\u306e\u7f60\u306b\u6ce8\u610f\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<h3 data-path-to-node=\"45\">\u2460 \u300c\u9ad8\u914d\u5f53\uff1d\u512a\u826f\u9298\u67c4\u300d\u3067\u306f\u306a\u3044\uff01\uff08\u30d0\u30ea\u30e5\u30fc\u30c8\u30e9\u30c3\u30d7\uff09<\/h3>\n<p data-path-to-node=\"46\">\u914d\u5f53\u5229\u56de\u308a\u304c6%\u30848%\u3068\u3044\u3063\u305f\u9298\u67c4\u3092\u898b\u3064\u3051\u308b\u3068\u3001\u300c\u3059\u3054\u3044\uff01\u300d\u3068\u98db\u3073\u3064\u304d\u305f\u304f\u306a\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002\u3057\u304b\u3057\u3001\u914d\u5f53\u5229\u56de\u308a\u306e\u5206\u6bcd\u306f\u300c\u682a\u4fa1\u300d\u3067\u3059\u3002\u4f01\u696d\u306e\u696d\u7e3e\u306b\u91cd\u5927\u306a\u61f8\u5ff5\u304c\u3042\u308a\u3001\u6295\u8cc7\u5bb6\u304c\u9003\u3052\u51fa\u3057\u3066<b data-path-to-node=\"46\" data-index-in-node=\"91\">\u682a\u4fa1\u304c\u66b4\u843d\u3057\u305f\u7d50\u679c\u3001\u8868\u9762\u7684\u306a\u5229\u56de\u308a\u304c\u8df3\u306d\u4e0a\u304c\u3063\u3066\u3044\u308b\u3060\u3051<\/b>\u306e\u9298\u67c4\u304c\u591a\u3005\u3042\u308a\u307e\u3059\u3002<\/p>\n<p 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\/><\/single-image><\/response-element><\/div>\n<div><\/div>\n<ol start=\"1\" data-path-to-node=\"58\">\n<li>\n<p data-path-to-node=\"58,0,0\"><b data-path-to-node=\"58,0,0\" data-index-in-node=\"0\">\u8cb8\u501f\u5bfe\u7167\u8868\uff08\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8 \/ B\/S\uff09:<\/b><\/p>\n<ul data-path-to-node=\"58,0,1\">\n<li>\n<p data-path-to-node=\"58,0,1,0,0\"><b data-path-to-node=\"58,0,1,0,0\" data-index-in-node=\"0\">\u5f79\u5272:<\/b> \u4f01\u696d\u306e\u300c\u8ca1\u7523\u300d\u3068\u300c\u501f\u91d1\u300d\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u898b\u308b\u8868\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"58,0,1,1,0\"><b data-path-to-node=\"58,0,1,1,0\" data-index-in-node=\"0\">\u898b\u308b\u3079\u304d\u30dd\u30a4\u30f3\u30c8:<\/b> \u73fe\u91d1\u306f\u5341\u5206\u306b\u3042\u308b\u304b\uff1f \u501f\u91d1\uff08\u6709\u5229\u5b50\u8ca0\u50b5\uff09\u304c\u591a\u3059\u304e\u306a\u3044\u304b\uff1f \u3053\u3053\u3092\u898b\u308b\u3053\u3068\u3067\u3001\u300c\u3053\u306e\u4f1a\u793e\u306f\u914d\u5f53\u3092\u51fa\u3057\u7d9a\u3051\u308b\u4f53\u529b\uff08\u7d14\u8cc7\u7523\uff09\u304c\u3042\u308b\u304b\uff1f \u5012\u7523\u3057\u306a\u3044\u304b\uff1f\u300d\u304c\u308f\u304b\u308a\u307e\u3059\u3002<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p data-path-to-node=\"58,1,0\"><b data-path-to-node=\"58,1,0\" data-index-in-node=\"0\">\u640d\u76ca\u8a08\u7b97\u66f8\uff08\u30d7\u30ed\u30d5\u30a3\u30c3\u30c8\uff06\u30ed\u30b9 \/ P\/L\uff09:<\/b><\/p>\n<ul data-path-to-node=\"58,1,1\">\n<li>\n<p data-path-to-node=\"58,1,1,0,0\"><b data-path-to-node=\"58,1,1,0,0\" data-index-in-node=\"0\">\u5f79\u5272:<\/b> 1\u5e74\u9593\u3067\u300c\u3044\u304f\u3089\u58f2\u308a\u4e0a\u3052\u3066\u3001\u3044\u304f\u3089\u5132\u304b\u3063\u305f\u304b\uff08\u307e\u305f\u306f\u640d\u3057\u305f\u304b\uff09\u300d\u3092\u898b\u308b\u8868\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"58,1,1,1,0\"><b data-path-to-node=\"58,1,1,1,0\" data-index-in-node=\"0\">\u898b\u308b\u3079\u304d\u30dd\u30a4\u30f3\u30c8:<\/b> \u58f2\u4e0a\u306f\u4f38\u3073\u3066\u3044\u308b\u304b\uff1f \u672c\u696d\u306e\u5132\u3051\u3067\u3042\u308b\u300c\u55b6\u696d\u5229\u76ca\u300d\u306f\u51fa\u3066\u3044\u308b\u304b\uff1f \u914d\u5f53\u306e\u6e90\u6cc9\u3068\u306a\u308b\u300c\u5f53\u671f\u7d14\u5229\u76ca\u300d\u306f\u5b89\u5b9a\u3057\u3066\u3044\u308b\u304b\uff1f<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p data-path-to-node=\"58,2,0\"><b data-path-to-node=\"58,2,0\" data-index-in-node=\"0\">\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\uff08C\/F\uff09:<\/b><\/p>\n<ul data-path-to-node=\"58,2,1\">\n<li>\n<p data-path-to-node=\"58,2,1,0,0\"><b data-path-to-node=\"58,2,1,0,0\" data-index-in-node=\"0\">\u5f79\u5272:<\/b> \u5b9f\u969b\u306e\u300c\u73fe\u91d1\u306e\u51fa\u5165\u308a\u300d\u3092\u898b\u308b\u8868\u3002\u9ed2\u5b57\u5012\u7523\u3092\u9632\u3050\u305f\u3081\u306b\u6700\u91cd\u8981\u3067\u3059\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"58,2,1,1,0\"><b data-path-to-node=\"58,2,1,1,0\" data-index-in-node=\"0\">\u898b\u308b\u3079\u304d\u30dd\u30a4\u30f3\u30c8:<\/b> \u672c\u696d\u3067\u73fe\u91d1\u3092\u751f\u307f\u51fa\u305b\u3066\u3044\u308b\u304b\uff08\u55b6\u696dCF\u304c\u30d7\u30e9\u30b9\u304b\uff09\u3002\u3069\u3093\u306a\u306b\u640d\u76ca\u8a08\u7b97\u66f8\u3067\u5229\u76ca\u304c\u51fa\u3066\u3044\u3066\u3082\u3001\u624b\u5143\u306e\u73fe\u91d1\u304c\u5897\u3048\u3066\u3044\u306a\u3051\u308c\u3070\u3001\u914d\u5f53\u91d1\u3092\u652f\u6255\u3046\u3053\u3068\u306f\u3067\u304d\u307e\u305b\u3093\u3002<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<p data-path-to-node=\"59\">\u5b8c\u74a7\u306a\u4f1a\u8a08\u58eb\u306b\u306a\u308b\u5fc5\u8981\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u3057\u304b\u3057\u3001\u300c\u914d\u5f53\u6027\u5411\u304c\u9ad8\u3059\u304e\u308b\u306a\u300d\u300c\u73fe\u91d1\u304c\u6e1b\u308a\u7d9a\u3051\u3066\u3044\u308b\u304b\u3089\u81ea\u793e\u682a\u8cb7\u3044\u306e\u4f59\u529b\u306f\u306a\u3055\u305d\u3046\u3060\u300d\u3068\u3044\u3063\u305f\u300c\u9055\u548c\u611f\u300d\u306b\u6c17\u3065\u3051\u308b\u3088\u3046\u306b\u306a\u308b\u3053\u3068\u304c\u3001\u4e2d\u9577\u671f\u7684\u306a\u8cc7\u7523\u5f62\u6210\u306b\u304a\u3044\u3066\u6975\u3081\u3066\u91cd\u8981\u3067\u3059\u3002<\/p>\n<div class=\"xcd-attention-1 xcd-col2 xcd-ripple\">\n<div class=\"xcd-title\"><strong>\u8cc7\u7523\u904b\u7528\u3067\u5931\u6557\u3057\u305f\u304f\u306a\u3044\u65b9\u3078<\/strong><\/div>\n<div class=\"xcd-content\"><strong>\u79c1\u305f\u3061GFS\u3067\u306f\u3001\u5b66\u6821\u3067\u306f\u6559\u3048\u3066\u3082\u3089\u3048\u306a\u304b\u3063\u305f\u304a\u91d1\u306e\u3053\u3068\u304c\u308f\u304b\u308b\u7121\u6599\u30b3\u30f3\u30c6\u30f3\u30c4\u3092\u3054\u7528\u610f\u3057\u3066\u3044\u307e\u3059\u3002<\/strong><br \/>\n<strong><span style=\"color: #0066c0;\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=om&amp;utm_medium=om&amp;utm_content=14519\" style=\"color: #0066c0;\">\u226b \u7121\u6599\u8b1b\u5ea7\uff1a\u304a\u91d1\u306e\u30d7\u30ed\u304c\u6559\u3048\u308b\u300c\u521d\u5fc3\u8005\u304c\u6bce\u6708\u53ce\u5165\u3092\u5f97\u308b\u6295\u8cc7\u306e\u59cb\u3081\u65b9\u300d<\/a><\/span><\/strong><\/div>\n<\/div>\n<h2 data-path-to-node=\"61\" id=\"p-rc_fe1969179296fd06-4198\">\u7b2c5\u7ae0\uff1a\u30102026\u5e74<span class=\"citation-9569 citation-end-9569\">\u6700\u65b0\u3011\u682a\u4e3b\u9084\u5143\u306b\u7a4d\u6975\u7684\u306a\u304a\u3059\u3059\u3081\u65e5\u672c\u682a10\u9078<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"18\"><\/sup><\/source-footnote><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c567799229=\"\"><source-inline-chip _ngcontent-ng-c567799229=\"\" _nghost-ng-c434047400=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/h2>\n<p data-path-to-node=\"62\" id=\"p-rc_fe1969179296fd06-4199\"><span class=\"citation-9568 citation-end-9568\">\u305d\u308c\u3067\u306f\u3001\u3053\u308c\u307e<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"19\"><\/sup><\/source-footnote><\/span>\u3067\u306e<span class=\"citation-9567 citation-end-9567\">\u77e5\u8b58\u3092\u8e0f\u307e\u3048\u30012026\u5e74\u73fe\u5728\u3001\u682a\u4e3b\u9084\u5143\u306b\u7a4d\u6975\u7684\u3067\u3001\u9577\u671f\u6295\u8cc7\u306e\u5019\u88dc\u3068\u3057\u3066\u9b45\u529b\u7684\u306a\u65e5\u672c\u682a\u309210\u9298\u67c4\u53b3\u9078\u3057\u3066\u3054\u7d39\u4ecb\u3057\u307e\u3059\u3002<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"20\"><\/sup><\/source-footnote><\/span><\/p>\n<p data-path-to-node=\"62\" id=\"p-rc_fe1969179296fd06-4199\"><span class=\"citation-9566 citation-end-9566\">\u5927\u304d\u304f\u5206\u3051\u3066\u300c<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"21\"><\/sup><\/source-footnote><\/span>\u5727<span class=\"citation-9565\">\u5012\u7684\u306a\u9023\u7d9a\u5897\u914d\u3092\u8a87\u308b\u4f01\u696d\u300d<\/span><b data-path-to-node=\"62\" data-index-in-node=\"90\"><span class=\"citation-9565\">\u3068<\/span><\/b><span class=\"citation-9565 citation-end-9565\">\u300cPBR1\u500d\u5272\u308c\u304b\u3089\u5f37\u529b\u306a\u9084\u5143\u7b56\u3092\u6253\u3061\u51fa\u3057\u3066\u3044\u308b\u4f01\u696d\u300d\u304b\u3089\u9078\u5b9a\u3057\u307e\u3057\u305f\u3002<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"22\"><\/sup><\/source-footnote><\/span><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c567799229=\"\"><source-inline-chip _ngcontent-ng-c567799229=\"\" _nghost-ng-c434047400=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<p data-path-to-node=\"63\" id=\"p-rc_fe1969179296fd06-4200\"><i data-path-to-node=\"63\" data-index-in-node=\"0\"><span class=\"citation-9564 citation-end-9564\">(\u203b\u5404\u7a2e\u5229\u56de\u308a<source-footnote ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c3417368637=\"\"><sup _ngcontent-ng-c3417368637=\"\" class=\"superscript\" data-turn-source-index=\"23\"><\/sup><\/source-footnote><\/span>\u3084\u6570\u5024\u306f2026\u5e74\u76f4\u8fd1\u306e\u30c7\u30fc\u30bf\u306b\u57fa\u3065\u304f\u76ee\u5b89\u3067\u3042\u308a\u3001\u682a\u4fa1\u5909\u52d5\u306b\u3088\u3063\u3066\u5909\u5316\u3057\u307e\u3059\u3002\u6295\u8cc7\u5224\u65ad\u306e\u969b\u306f\u6700\u65b0\u60c5\u5831\u3092\u3054\u78ba\u8a8d\u304f\u3060\u3055\u3044\u3002)<\/i><sources-carousel-inline ng-version=\"0.0.0-PLACEHOLDER\" _nghost-ng-c567799229=\"\"><source-inline-chip _ngcontent-ng-c567799229=\"\" _nghost-ng-c434047400=\"\" class=\"ng-star-inserted\"><\/source-inline-chip><\/sources-carousel-inline><\/p>\n<h3 data-path-to-node=\"64\">\u3010\u9023\u7d9a\u5897\u914d\u306e\u512a\u7b49\u751f\u3011\u9577\u671f\u4fdd\u6709\u3067\u30a4\u30f3\u30ab\u30e0\u30b2\u30a4\u30f3\u3092\u80b2\u3066\u308b\u9298\u67c4<\/h3>\n<p data-path-to-node=\"65\">\u4f55\u5341\u5e74\u3082\u9023\u7d9a\u3067\u914d\u5f53\u3092\u5897\u3084\u3057\u7d9a\u3051\u3066\u3044\u308b\u4f01\u696d\u306f\u3001\u3069\u3093\u306a\u4e0d\u6cc1\u4e0b\u3067\u3082\u5229\u76ca\u3092\u51fa\u3057\u7d9a\u3051\u308b\u5f37\u976d\u306a\u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb\u3092\u6301\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<table data-path-to-node=\"66\">\n<thead>\n<tr>\n<td><strong>\u9298\u67c4\u540d (\u30b3\u30fc\u30c9)<\/strong><\/td>\n<td><strong>\u7279\u5fb4\u3068\u682a\u4e3b\u9084\u5143\u306e\u30b9\u30bf\u30f3\u30b9<\/strong><\/td>\n<td><strong>\u4e88\u60f3\u914d\u5f53\u5229\u56de\u308a\u76ee\u5b89<\/strong><\/td>\n<td><strong>\u9023\u7d9a\u5897\u914d\u5b9f\u7e3e<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"66,1,0,0\"><b data-path-to-node=\"66,1,0,0\" data-index-in-node=\"0\">\u82b1\u738b (4452)<\/b><\/span><\/td>\n<td><span data-path-to-node=\"66,1,1,0\">\u65e5\u672c\u3092\u4ee3\u8868\u3059\u308b\u65e5\u7528\u54c1\u30e1\u30fc\u30ab\u30fc\u3002\u306a\u3093\u3068<b data-path-to-node=\"66,1,1,0\" data-index-in-node=\"18\">36\u671f\u9023\u7d9a\u5897\u914d<\/b>\u3068\u3044\u3046\u65e5\u672c\u8a18\u9332\u3092\u66f4\u65b0\u4e2d\u3002\u696d\u7e3e\u306e\u6ce2\u306f\u3042\u3063\u3066\u3082\u3001\u300c\u7d76\u5bfe\u306b\u914d\u5f53\u306f\u6e1b\u3089\u3055\u306a\u3044\u3001\u5897\u3084\u3059\u300d\u3068\u3044\u3046\u682a\u4e3b\u3078\u306e\u5f37\u70c8\u306a\u30b3\u30df\u30c3\u30c8\u30e1\u30f3\u30c8\u306f\u65e5\u672c\u968f\u4e00\u3067\u3059\u3002<\/span><\/td>\n<td><span data-path-to-node=\"66,1,2,0\">\u7d042.4%\u301c<\/span><\/td>\n<td><span data-path-to-node=\"66,1,3,0\">36\u5e74<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"66,2,0,0\"><b data-path-to-node=\"66,2,0,0\" data-index-in-node=\"0\">\u4e09\u83f1HC\u30ad\u30e3\u30d4\u30bf\u30eb (8593)<\/b><\/span><\/td>\n<td><span data-path-to-node=\"66,2,1,0\">\u5927\u624b\u7dcf\u5408\u30ea\u30fc\u30b9\u4f1a\u793e\u3002<b data-path-to-node=\"66,2,1,0\" data-index-in-node=\"10\">27\u671f\u9023\u7d9a\u5897\u914d<\/b>\u3092\u8a87\u308a\u307e\u3059\u3002\u30ea\u30fc\u30b9\u4e8b\u696d\u306e\u5b89\u5b9a\u3057\u305f\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u80cc\u666f\u306b\u3001\u914d\u5f53\u5229\u56de\u308a\u30823%\u534a\u3070\u3068\u9ad8\u6c34\u6e96\u3092\u7dad\u6301\u3057\u3066\u304a\u308a\u3001\u9ad8\u914d\u5f53\u6295\u8cc7\u5bb6\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u5b9a\u756a\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/td>\n<td><span data-path-to-node=\"66,2,2,0\">\u7d043.5%\u301c<\/span><\/td>\n<td><span data-path-to-node=\"66,2,3,0\">27\u5e74<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"66,3,0,0\"><b data-path-to-node=\"66,3,0,0\" data-index-in-node=\"0\">\u30e6\u30fc\u30fb\u30a8\u30b9\u30fb\u30a8\u30b9 (4732)<\/b><\/span><\/td>\n<td><span data-path-to-node=\"66,3,1,0\">\u4e2d\u53e4\u8eca\u30aa\u30fc\u30af\u30b7\u30e7\u30f3\u4f1a\u5834\u306e\u904b\u55b6\u3067\u5727\u5012\u7684\u30b7\u30a7\u30a2\u3002\u5229\u76ca\u7387\u304c\u975e\u5e38\u306b\u9ad8\u304f\u3001<b data-path-to-node=\"66,3,1,0\" data-index-in-node=\"32\">26\u671f\u9023\u7d9a\u5897\u914d<\/b>\u3092\u7d99\u7d9a\u4e2d\u3002\u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb\u304c\u76e4\u77f3\u3067\u3001\u666f\u6c17\u5909\u52d5\u306b\u3082\u6bd4\u8f03\u7684\u5f37\u3044\u306e\u304c\u7279\u5fb4\u3067\u3059\u3002<\/span><\/td>\n<td><span data-path-to-node=\"66,3,2,0\">\u7d042.7%\u301c<\/span><\/td>\n<td><span data-path-to-node=\"66,3,3,0\">26\u5e74<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"66,4,0,0\"><b data-path-to-node=\"66,4,0,0\" data-index-in-node=\"0\">\u30ea\u30b3\u30fc\u30ea\u30fc\u30b9 (8566)<\/b><\/span><\/td>\n<td><span data-path-to-node=\"66,4,1,0\">\u30ea\u30b3\u30fc\u7cfb\u306e\u5927\u624b\u30ea\u30fc\u30b9\u4f1a\u793e\u3002\u4e09\u83f1HC\u30ad\u30e3\u30d4\u30bf\u30eb\u540c\u69d8\u306b\u5b89\u5b9a\u3057\u305f\u30d3\u30b8\u30cd\u30b9\u3092\u5c55\u958b\u3057\u3001<b data-path-to-node=\"66,4,1,0\" data-index-in-node=\"38\">26\u671f\u9023\u7d9a\u5897\u914d<\/b>\u3002\u5229\u56de\u308a\u30824%\u8fd1\u3044\u6c34\u6e96\u3092\u63d0\u793a\u3057\u3066\u304a\u308a\u3001\u30a4\u30f3\u30ab\u30e0\u30b2\u30a4\u30f3\u72d9\u3044\u306b\u975e\u5e38\u306b\u9069\u3057\u3066\u3044\u307e\u3059\u3002<\/span><\/td>\n<td><span data-path-to-node=\"66,4,2,0\">\u7d043.8%\u301c<\/span><\/td>\n<td><span data-path-to-node=\"66,4,3,0\">26\u5e74<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"66,5,0,0\"><b data-path-to-node=\"66,5,0,0\" data-index-in-node=\"0\">KDDI (9433)<\/b><\/span><\/td>\n<td><span data-path-to-node=\"66,5,1,0\">\u901a\u4fe1\u5927\u624b\u3002<b data-path-to-node=\"66,5,1,0\" data-index-in-node=\"5\">24\u671f\u9023\u7d9a\u5897\u914d<\/b>\u4e2d\u3002\u5b89\u5b9a\u3057\u305f\u901a\u4fe1\u53ce\u5165\u3068\u3044\u3046\u300c\u5de8\u5927\u306a\u571f\u7ba1\u300d\u304b\u3089\u751f\u307e\u308c\u308b\u83ab\u5927\u306a\u73fe\u91d1\u3092\u80cc\u666f\u306b\u3001\u5897\u914d\u3060\u3051\u3067\u306a\u304f\u5927\u898f\u6a21\u306a\u81ea\u793e\u682a\u8cb7\u3044\u3082\u5b9a\u671f\u7684\u306b\u5b9f\u65bd\u3059\u308b\u3001\u682a\u4e3b\u9084\u5143\u306e\u93e1\u306e\u3088\u3046\u306a\u4f01\u696d\u3067\u3059\u3002<\/span><\/td>\n<td><span data-path-to-node=\"66,5,2,0\">\u7d042.8%\u301c<\/span><\/td>\n<td><span data-path-to-node=\"66,5,3,0\">24\u5e74<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p data-path-to-node=\"68\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.21.06-1024x682.png\" alt=\"\" width=\"675\" height=\"449\" class=\"aligncenter wp-image-28945\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.21.06-1024x682.png 1024w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.21.06-300x200.png 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.21.06-768x512.png 768w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.21.06.png 1426w\" sizes=\"(max-width: 675px) 100vw, 675px\" \/><\/p>\n<h3 data-path-to-node=\"68\">\u3010PBR\u6539\u5584\u30fb\u9084\u5143\u5f37\u5316\u3011\u30d0\u30ea\u30e5\u30fc\u682a\u304b\u3089\u306e\u5287\u7684\u5909\u5316\u3092\u72d9\u3046\u9298\u67c4<\/h3>\n<p data-path-to-node=\"69\">\u6771\u8a3c\u306e\u8981\u8acb\u3092\u53d7\u3051\u3001\u3053\u308c\u307e\u3067\u6e9c\u3081\u8fbc\u3093\u3067\u3044\u305f\u8cc7\u672c\u3092\u4e00\u6c17\u306b\u9084\u5143\u306b\u56de\u3057\u59cb\u3081\u305f\u3001\u5909\u5316\u306e\u30e2\u30e1\u30f3\u30bf\u30e0\uff08\u52e2\u3044\uff09\u304c\u5f37\u3044\u9298\u67c4\u7fa4\u3067\u3059\u3002<\/p>\n<table data-path-to-node=\"70\">\n<thead>\n<tr>\n<td><strong>\u9298\u67c4\u540d (\u30b3\u30fc\u30c9)<\/strong><\/td>\n<td><strong>\u7279\u5fb4\u3068\u682a\u4e3b\u9084\u5143\u306e\u30b9\u30bf\u30f3\u30b9<\/strong><\/td>\n<td><strong>\u4e88\u60f3\u914d\u5f53\u5229\u56de\u308a\u76ee\u5b89<\/strong><\/td>\n<td><strong>PBR\u76ee\u5b89<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"70,1,0,0\"><b data-path-to-node=\"70,1,0,0\" data-index-in-node=\"0\">\u672c\u7530\u6280\u7814\u5de5\u696d (7267)<\/b><\/span><\/td>\n<td><span data-path-to-node=\"70,1,1,0\">\u65e5\u672c\u3092\u4ee3\u8868\u3059\u308b\u81ea\u52d5\u8eca\u30e1\u30fc\u30ab\u30fc\u3002\u9084\u5143\u306b\u975e\u5e38\u306b\u7a4d\u6975\u7684\u3067\u3001\u9084\u5143\u6307\u6a19\u3068\u3057\u3066**\u300cDOE\uff08\u682a\u4e3b\u8cc7\u672c\u914d\u5f53\u7387\uff093\uff05\u3092\u76ee\u5b89\u300d**\u3068\u3059\u308b\u65b9\u91dd\u3092\u660e\u78ba\u306b\u6253\u3061\u51fa\u3057\u307e\u3057\u305f\u3002\u6a5f\u52d5\u7684\u306a\u81ea\u793e\u682a\u8cb7\u3044\u3082\u7d99\u7d9a\u3057\u3001\u4f4ePBR\u304b\u3089\u306e\u8131\u5374\u3092\u672c\u6c17\u3067\u56f3\u3063\u3066\u3044\u307e\u3059\u3002<\/span><\/td>\n<td><span data-path-to-node=\"70,1,2,0\">\u7d044.5%\u301c<\/span><\/td>\n<td><span data-path-to-node=\"70,1,3,0\">\u7d040.5\u500d<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"70,2,0,0\"><b data-path-to-node=\"70,2,0,0\" data-index-in-node=\"0\">\u65e5\u672c\u90f5\u8239 (9101)<\/b><\/span><\/td>\n<td><span data-path-to-node=\"70,2,1,0\">\u7dcf\u5408\u7269\u6d41\u30fb\u6d77\u904b\u5927\u624b\u3002\u9023\u7d50\u914d\u5f53\u6027\u541140\uff05\u76ee\u5b89\u3001\u3055\u3089\u306b**\u300c1\u682a\u3042\u305f\u308a\u5e74\u9593200\u5186\u3092\u4e0b\u9650\u300d**\u3068\u3059\u308b\u65b9\u91dd\u3092\u958b\u793a\u3002\u5e02\u6cc1\u306b\u5de6\u53f3\u3055\u308c\u3084\u3059\u3044\u6d77\u904b\u696d\u306b\u3042\u3063\u3066\u3001\u4e0b\u9650\u3092\u8a2d\u3051\u305f\u3053\u3068\u306f\u6295\u8cc7\u5bb6\u306b\u5927\u304d\u306a\u5b89\u5fc3\u611f\u3092\u4e0e\u3048\u3001\u8ffd\u52a0\u306e\u81ea\u793e\u682a\u8cb7\u3044\u3082\u65fa\u76db\u3067\u3059\u3002<\/span><\/td>\n<td><span data-path-to-node=\"70,2,2,0\">\u7d044.3%\u301c<\/span><\/td>\n<td><span data-path-to-node=\"70,2,3,0\">\u7d040.75\u500d<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"70,3,0,0\"><b data-path-to-node=\"70,3,0,0\" data-index-in-node=\"0\">\u6771\u30bd\u30fc (4042)<\/b><\/span><\/td>\n<td><span data-path-to-node=\"70,3,1,0\">\u7dcf\u5408\u5316\u5b66\u30e1\u30fc\u30ab\u30fc\u30022025\u301c2027\u5e74\u5ea6\u306e\u65b9\u91dd\u3068\u3057\u3066**\u300c\u7dcf\u9084\u5143\u6027\u541150%\u3092\u57fa\u672c\u300d**\u3068\u3057\u3001\u300c\u5e74\u9593100\u5186\u306e\u914d\u5f53\u4e0b\u9650\u300d\u30843\u5e74\u3067500\u5104\u5186\u306e\u81ea\u793e\u682a\u53d6\u5f97\u67a0\u3092\u8a2d\u5b9a\u3002\u975e\u5e38\u306b\u30af\u30ea\u30a2\u3067\u529b\u5f37\u3044\u9084\u5143\u7b56\u3092\u63d0\u793a\u3057\u3066\u3044\u307e\u3059\u3002<\/span><\/td>\n<td><span data-path-to-node=\"70,3,2,0\">\u7d044.1%\u301c<\/span><\/td>\n<td><span data-path-to-node=\"70,3,3,0\">\u7d040.9\u500d<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"70,4,0,0\"><b data-path-to-node=\"70,4,0,0\" data-index-in-node=\"0\">\u738b\u5b50\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9 (3861)<\/b><\/span><\/td>\n<td><span data-path-to-node=\"70,4,1,0\">\u88fd\u7d19\u696d\u754c\u9996\u4f4d\u3002\u5f93\u6765\u304b\u3089\u5b89\u5b9a\u914d\u5f53\u3067\u3057\u305f\u304c\u3001\u65b0\u305f\u306b**\u300c\u914d\u5f53\u6027\u5411\u309230\uff05\u304b\u308950\uff05\u3078\u5f15\u304d\u4e0a\u3052\u308b\u300d**\u3068\u767a\u8868\u3002\u3055\u3089\u306b\u6700\u5927500\u5104\u5186\u898f\u6a21\u306e\u81ea\u793e\u682a\u8cb7\u3044\u3082\u6253\u3061\u51fa\u3057\u3001\u8cc7\u672c\u52b9\u7387\u306e\u5927\u5e45\u306a\u898b\u76f4\u3057\u3092\u9032\u3081\u3066\u3044\u307e\u3059\u3002<\/span><\/td>\n<td><span data-path-to-node=\"70,4,2,0\">\u7d044.0%\u301c<\/span><\/td>\n<td><span data-path-to-node=\"70,4,3,0\">\u7d040.7\u500d<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"70,5,0,0\"><b data-path-to-node=\"70,5,0,0\" data-index-in-node=\"0\">\u5546\u8239\u4e09\u4e95 (9104)<\/b><\/span><\/td>\n<td><span data-path-to-node=\"70,5,1,0\">\u6d77\u904b\u5927\u624b\u3002\u914d\u5f53\u6027\u541130%\u3078\u306e\u5f15\u304d\u4e0a\u3052\u3068\u696d\u7e3e\u9023\u52d5\u914d\u5f53\u3092\u5b9f\u65bd\u3002\u597d\u696d\u7e3e\u6642\u306b\u306f**\u300c\u4f59\u5270\u8cc7\u91d1\u306e\u8ffd\u52a0\u9084\u5143\u300d**\u3082\u691c\u8a0e\u3059\u308b\u3068\u3057\u3066\u304a\u308a\u3001\u5229\u56de\u308a4%\u8d85\u3048\u306e\u9ad8\u6c34\u6e96\u3092\u7dad\u6301\u3057\u306a\u304c\u3089\u3001\u3055\u3089\u306a\u308b\u9084\u5143\u30a2\u30c3\u30d7\u306e\u671f\u5f85\u3082\u6301\u3066\u308b\u9298\u67c4\u3067\u3059\u3002<\/span><\/td>\n<td><span data-path-to-node=\"70,5,2,0\">\u7d044.1%\u301c<\/span><\/td>\n<td><span data-path-to-node=\"70,5,3,0\">\u7d040.6\u500d<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p data-path-to-node=\"73\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.21.49-1024x772.png\" alt=\"\" width=\"536\" height=\"404\" class=\"aligncenter wp-image-28946\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.21.49-1024x772.png 1024w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.21.49-300x226.png 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.21.49-768x579.png 768w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-10.21.49.png 1382w\" sizes=\"(max-width: 536px) 100vw, 536px\" \/><\/p>\n<h2 data-path-to-node=\"73\">\u304a\u308f\u308a\u306b\uff1a\u682a\u4e3b\u9084\u5143\u306f\u300c\u4f01\u696d\u3068\u306e\u5bfe\u8a71\u300d<\/h2>\n<p data-path-to-node=\"74\">\u3044\u304b\u304c\u3067\u3057\u305f\u3067\u3057\u3087\u3046\u304b\u3002<\/p>\n<p data-path-to-node=\"74\">\u300c\u682a\u4e3b\u9084\u5143\u300d\u3068\u4e00\u8a00\u3067\u8a00\u3063\u3066\u3082\u3001\u305d\u3053\u306b\u306f\u914d\u5f53\u91d1\u3001\u81ea\u793e\u682a\u8cb7\u3044\u3068\u3044\u3063\u305f\u624b\u6cd5\u306e\u9055\u3044\u3060\u3051\u3067\u306a\u304f\u3001\u4f01\u696d\u306e\u696d\u7e3e\u306b\u5bfe\u3059\u308b\u81ea\u4fe1\u3001\u8cc7\u672c\u52b9\u7387\u306b\u5bfe\u3059\u308b\u8003\u3048\u65b9\u3001\u305d\u3057\u3066\u4f55\u3088\u308a\u300c\u682a\u4e3b\u3092\u3069\u308c\u3060\u3051\u5927\u5207\u306b\u601d\u3063\u3066\u3044\u308b\u304b\u300d\u3068\u3044\u3046\u4f01\u696d\u54f2\u5b66\u304c\u5982\u5b9f\u306b\u8868\u308c\u307e\u3059\u3002<\/p>\n<p 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[&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":28958,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10,12],"acf":[],"_links":{"self":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts\/28941"}],"collection":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/comments?post=28941"}],"version-history":[{"count":7,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts\/28941\/revisions"}],"predecessor-version":[{"id":28985,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/posts\/28941\/revisions\/28985"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/media\/28958"}],"wp:attachment":[{"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/media?parent=28941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/official.gfs.tokyo\/blog\/wp-json\/wp\/v2\/categories?post=28941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}