{"id":5499,"date":"2020-02-02T11:24:09","date_gmt":"2020-02-02T02:24:09","guid":{"rendered":"https:\/\/yutan-investment.com\/?p=5499"},"modified":"2020-02-02T11:24:09","modified_gmt":"2020-02-02T02:24:09","slug":"mo-4q2019","status":"publish","type":"post","link":"https:\/\/yutan-investment.com\/?p=5499","title":{"rendered":"\u3010MO\u3011\u30a2\u30eb\u30c8\u30ea\u30a2\u306e\u7b2c4\u56db\u534a\u671f\u6c7a\u7b97\u632f\u308a\u8fd4\u308a\uff5e\u914d\u5f53\u5229\u56de\u308a7\uff05\u306f\u8cb7\u3044\u306a\u306e\u304b\uff1f\uff5e"},"content":{"rendered":"\n<p>\u3086\u30fc\u305f\u3093\u3067\u3059\u266a<\/p>\n\n\n\n<p>\u4eca\u9031\u306e\u7c73\u56fd\u682a\u3067\u3059\u304c\u3001\u79c1\u304c\u4fdd\u6709\u3057\u3066\u3044\u308b<strong>Altria<\/strong>\uff08\u30a2\u30eb\u30c8\u30ea\u30a2\u3001\u30c6\u30a3\u30c3\u30ab\u30fc\uff1a<strong>MO<\/strong>\uff09\u306e\u7b2c4\u56db\u534a\u671f\u6c7a\u7b97\u304c\u767a\u8868\u3055\u308c\u307e\u3057\u305f\u3002<span class=\"blue_line\"><span class=\"huto\"><a href=\"https:\/\/yutan-investment.com\/?p=3691\">\u7b2c3\u56db\u534a\u671f\u6c7a\u7b97<\/a><\/span>\u306b\u5f15\u304d\u7d9a\u304d\u3001\u96fb\u5b50\u305f\u3070\u3053\u3092\u88fd\u9020\u30fb\u8ca9\u58f2\u3059\u308b\u30b8\u30e5\u30fc\u30eb\uff08JUUL\uff09\u3078\u306e\u6295\u8cc7\u640d\u5931\u306b\u3088\u308a\u8d64\u5b57\u3092\u8a08\u4e0a\u3001<span class=\"hutoaka\">\u682a\u4fa1\u306f4%\u3092\u8d85\u3048\u308b\u4e0b\u843d<\/span>\u3068\u306a\u308a\u307e\u3057\u305f&#x1f4a6;<\/span><\/p>\n\n\n<div class=\"swell-block-postLink\">http:\/\/investor.altria.com\/Events-and-Presentations<\/div>\n\n\n<p>\u518d\u3073\u914d\u5f53\u5229\u56de\u308a\u306f7\uff05\u3092\u8d85\u3048\u3066\u3044\u307e\u3059\u304c\u3001\u679c\u305f\u3057\u3066\u8cb7\u3044\u306a\u306e\u304b\u3001\u6c7a\u7b97\u304b\u3089\u7d10\u89e3\u3044\u3066\u3044\u3053\u3046\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u7b2c4\u56db\u534a\u671f\u6c7a\u7b97\u30cf\u30a4\u30e9\u30a4\u30c8<\/h2>\n\n\n\n<p>\u30a2\u30eb\u30c8\u30ea\u30a2\u306b\u3064\u3044\u3066\u306f\u9298\u67c4\u5206\u6790\u3082\u66f8\u3044\u3066\u3044\u307e\u3059\u3002\u6628\u5e74\u307e\u3067\u306e\u696d\u7e3e\u30fb\u914d\u5f53\u30fb\u682a\u4fa1\u306a\u3069\u306e\u30c7\u30fc\u30bf\u306f\u3053\u3061\u3089\u3092\u3054\u89a7\u304f\u3060\u3055\u3044\u266a<\/p>\n\n\n<div class=\"swell-block-postLink\">\t\t\t<div class=\"p-blogCard -internal\" data-type=\"type1\" data-onclick=\"clickLink\">\n\t\t\t\t<div class=\"p-blogCard__inner\">\n\t\t\t\t\t<span class=\"p-blogCard__caption\">\u3042\u308f\u305b\u3066\u8aad\u307f\u305f\u3044<\/span>\n\t\t\t\t\t<div class=\"p-blogCard__thumb c-postThumb\"><figure class=\"c-postThumb__figure\"><img decoding=\"async\" src=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2020\/01\/Altria-Marlboro_image1-300x200.jpg\" alt=\"\" class=\"c-postThumb__img u-obf-cover\" width=\"320\" height=\"180\"><\/figure><\/div>\t\t\t\t\t<div class=\"p-blogCard__body\">\n\t\t\t\t\t\t<a class=\"p-blogCard__title\" href=\"https:\/\/yutan-investment.com\/?p=1298\">\u3010MO\u3011\uff08\u30a2\u30eb\u30c8\u30ea\u30a2\uff09\u301c\u9ad8\u53ce\u76ca\u3001\u9ad8\u914d\u5f53\u306a\u305f\u3070\u3053\u30e1\u30fc\u30ab\u30fc!\u301c<\/a>\n\t\t\t\t\t\t<span class=\"p-blogCard__excerpt\">\u3010\u66f4\u65b0\u60c5\u5831\u3011\uff082022\/6\/6\uff092021\u5e74\u306e\u696d\u7e3e\u3092\u53cd\u6620\u3002\u8a18\u4e8b\u30ea\u30e9\u30a4\u30c8\u3002 \u3086\u30fc\u305f\u3093\u3067\u3059\u266a \u9ad8\u53ce\u76ca\u3001\u9ad8\u914d\u5f53\u306a\u305f\u3070\u3053\u30e1\u30fc\u30ab\u30fc\u3001\u30a2\u30eb\u30c8\u30ea\u30a2\uff08Altria\u3001\u30c6\u30a3\u30c3\u30ab\u30fc\uff1aMO\uff09\u306e\u9298\u67c4\u5206\u6790\u3067\u3059\u266a &#8230;<\/span>\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><tbody><tr><td><span class=\"huto\">\uff08\u7b2c4\u56db\u534a\u671f\u6c7a\u7b97\uff09<\/span><\/td><td><span class=\"huto\">2019<\/span><\/td><td><span class=\"huto\">2018<\/span><\/td><td><span class=\"huto\">\u524d\u5e74\u6bd4<\/span><\/td><\/tr><tr><td><span class=\"huto\">\u53ce\u76ca<\/span><\/td><td>$60.0\u5104<\/td><td>$61.1\u5104<\/td><td><span class=\"hutoaka\">-1.8%<\/span><\/td><\/tr><tr><td>\u55b6\u696d\u5229\u76ca\u7387<\/td><td>40.4\uff05<\/td><td>28.5\uff05<\/td><td><span class=\"huto\"><span style=\"color: #0000ff;\">+11.9Pt<\/span><\/span><\/td><\/tr><tr><td>EPS<\/td><td><span class=\"hutoaka\">$(1.00)<\/span><\/td><td>$0.66<\/td><td><span class=\"hutoaka\">\uff08\u8d64\u5b57\u8ee2\u843d\uff09<\/span><\/td><\/tr><tr><td>\u8abf\u6574\u5f8cEPS<\/td><td>$1.02<\/td><td>$0.95<\/td><td><span class=\"hutoaka\"><span class=\"huto\"><span style=\"color: #0000ff;\">+7.6\uff05<\/span><\/span><\/span><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>\u53ce\u76ca\u306f\u3001\u30b3\u30a2\u4e8b\u696d\u3067\u3042\u308b\u30de\u30fc\u30eb\u30dc\u30ed\u306a\u3069\u3001\u4e00\u822c\u7684\u306a\u305f\u3070\u3053\u90e8\u9580\u306e\u53ce\u76ca\u304c<span class=\"hutoaka\">2.7\uff05\u306e\u6e1b\u53ce<\/span>\u3060\u3063\u305f\u3053\u3068\u3082\u3042\u3063\u3066\u3001\u524d\u5e74\u540c\u671f\u6bd4\u3067<span class=\"hutoaka\">1.8\uff05\u306e\u6e1b\u53ce<\/span>\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u4e00\u822c\u7684\u306a\u305f\u3070\u3053\u306e\u51fa\u8377\u91cf\u304c\u524d\u5e74\u540c\u671f\u6bd4\u3067<span class=\"hutoaka\">8.4%\u6e1b\u5c11<\/span>\u3068\u3044\u3046\u306e\u304c\u5927\u304d\u3044\u3067\u3059\u306d\u3002\u4fa1\u683c\u306e\u4e0a\u6607\u306b\u3088\u3063\u3066\u3042\u308b\u7a0b\u5ea6\u306f\u76f8\u6bba\u3057\u307e\u3057\u305f\u304c\u3001\u5b8c\u5168\u306b\u30ab\u30d0\u30fc\u3059\u308b\u307e\u3067\u306b\u306f\u81f3\u308a\u307e\u305b\u3093\u3067\u3057\u305f&#x1f4a6;<\/p>\n\n\n\n<p>\u4ed6\u65b9\u3001\u55b6\u696d\u5229\u76ca\u7387\u304c\u524d\u5e74\u540c\u671f\u6bd4\u3067\u5927\u5e45\u306b\u4e0a\u6607\u3057\u3066\u3044\u307e\u3059\u3002\u58f2\u4e0a\u539f\u4fa1\u3084\u30de\u30fc\u30b1\u30c6\u30a3\u30f3\u30b0\u30fb\u7814\u7a76\u8cbb\u7528\u3060\u3051\u3067\u306a\u304f\u3001\u8cc7\u7523\u306e\u6e1b\u640d\u30fb\u64a4\u9000\u30b3\u30b9\u30c8\u306e\u6291\u5236\u306a\u3069\u5168\u4f53\u7684\u306a\u30b3\u30b9\u30c8\u30ab\u30c3\u30c8\u304c\u529f\u3092\u594f\u3057\u307e\u3057\u305f\u3002\u305d\u306e\u304b\u3044\u3042\u3063\u3066\u3001\u7279\u6b8a\u8981\u56e0\u3092\u9664\u3044\u305f\u8abf\u6574\u5f8cEPS\u3082\u3001\u524d\u5e74\u540c\u671f\u6bd4\u3067<span class=\"huto\">7\uff05\u8d85<\/span>\u306e\u6210\u9577\u3092\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>EPS\u306f<span class=\"hutoaka\">\u8d64\u5b57<\/span>\u306b\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u7b2c3\u56db\u534a\u671f\u306b\u5f15\u304d\u7d9a\u304d\u3001\u30b8\u30e5\u30fc\u30eb\u306b\u5bfe\u3059\u308b\u8a34\u8a1f\u304c\u5897\u52a0\u3057\u7d9a\u3051\u3066\u3044\u308b\u3053\u3068\u3092\u7406\u7531\u306b\u3001<span class=\"huto\">41\u5104\u30c9\u30eb\u5206<\/span>\u306e\u8a55\u4fa1\u640d\u3092\u8a08\u4e0a\u3057\u307e\u3057\u305f\u3002\u3053\u308c\u3067\u30b8\u30e5\u30fc\u30eb\uff08JUUL\uff09\u306e\u4f01\u696d\u4fa1\u5024\u306f\u308f\u305a\u304b<span class=\"huto\">42\u5104\u30c9\u30eb<\/span>\u3068\u306a\u3063\u3066\u3057\u307e\u3044\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p><span class=\"blue_line\">128\u5104\u30c9\u30eb\u3067\u8cfc\u5165\u3057\u305f\u682a\u5f0f\u306e\u4fa1\u5024\u306f\u3001\u308f\u305a\u304b3\u5206\u306e1\u306b\u306a\u3063\u3066\u3057\u307e\u3044\u307e\u3057\u305f\u30022\u671f\u9023\u7d9a\u3067\u6e1b\u640d\u51e6\u7406\u3092\u3059\u308b\u3068\u3044\u3046\u306e\u306f\u3001\u4e88\u60f3\u5916\u3067\u3057\u305f\u3002\u3053\u3053\u307e\u3067\u304f\u308b\u3068\u3001<span class=\"hutoaka\">\u8cb7\u53ce\u306f\u5931\u6557\u3057\u305f<\/span>\u3068\u3044\u308f\u3056\u308b\u3092\u5f97\u306a\u3044\u3067\u3057\u3087\u3046\u3002<\/span><\/p>\n\n\n<div class=\"swell-block-postLink\">\t\t\t<div class=\"p-blogCard -external\" data-type=\"type3\" data-onclick=\"clickLink\">\n\t\t\t\t<div class=\"p-blogCard__inner\">\n\t\t\t\t\t<span class=\"p-blogCard__caption\">\u65e5\u672c\u7d4c\u6e08\u65b0\u805e<\/span>\n\t\t\t\t\t<div class=\"p-blogCard__thumb c-postThumb\"><figure class=\"c-postThumb__figure\"><img decoding=\"async\" src=\"https:\/\/www.nikkei.com\/.resources\/k-components\/rectangle.rev-d54ea30.png\" alt=\"\" class=\"c-postThumb__img u-obf-cover\" width=\"320\" height=\"180\"><\/figure><\/div>\t\t\t\t\t<div class=\"p-blogCard__body\">\n\t\t\t\t\t\t<a class=\"p-blogCard__title\" href=\"https:\/\/www.nikkei.com\/article\/DGXMZO55072590R30C20A1000000\/\" target=\"_blank\" rel=\"noopener noreferrer\">\u7c73\u30a2\u30eb\u30c8\u30ea\u30a2\u3001\u96fb\u5b50\u305f\u3070\u3053\u51fa\u8cc7\u30679400\u5104\u5186\u306e\u8a55\u4fa1\u640d &#8211; \u65e5\u672c\u7d4c\u6e08\u65b0\u805e<\/a>\n\t\t\t\t\t\t<span class=\"p-blogCard__excerpt\">\u3010\u30cb\u30e5\u30fc\u30e8\u30fc\u30af=\u5927\u5cf6\u6709\u7f8e\u5b50\u3011\u7c73\u305f\u3070\u3053\u5927\u624b\u30a2\u30eb\u30c8\u30ea\u30a2\u30fb\u30b0\u30eb\u30fc\u30d7\u306f30\u65e5\u3001\u4fdd\u6709\u3059\u308b\u96fb\u5b50\u305f\u3070\u3053\u30e1\u30fc\u30ab\u30fc\u3001\u30b8\u30e5\u30fc\u30eb\u30fb\u30e9\u30d6\u30ba\u682a\u5f0f\u306e\u8a55\u4fa1\u984d\u3092\u898b\u76f4\u3057\u30012019\u5e74\u901a\u671f\u306786\u5104\u30c9\u30eb\uff08\u7d04940&#8230;<\/span>\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\n<p><span class=\"yellow_line\">\u3061\u306a\u307f\u306b\u3001\u30b8\u30e5\u30fc\u30eb\u306f\u3001FDA\uff08\u30a2\u30e1\u30ea\u30ab\u98df\u54c1\u533b\u85ac\u54c1\u5c40\uff09\u306e\u898f\u5236\u4e0a\u306e\u554f\u984c\u306b\u76f4\u9762\u3057\u3066\u3044\u3066\u3001FDA\u306b\u5bfe\u3057\u3066\u4eca\u5e745\u6708\u307e\u3067\u306b\u96fb\u5b50\u305f\u3070\u3053\u306e\u8ca9\u58f2\u7d99\u7d9a\u306e\u7533\u8acb\u3092\u51fa\u3055\u306a\u3051\u308c\u3070\u306a\u3089\u305a\u3001\u627f\u8a8d\u304c\u4e0b\u308a\u306a\u304b\u3063\u305f\u5834\u5408\u3001\u30a2\u30e1\u30ea\u30ab\u3067\u306e\u8ca9\u58f2\u7d99\u7d9a\u304c\u56f0\u96e3\u3068\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n\n\n\n<p>\u305d\u3046\u3057\u305f\u4e8b\u60c5\u3082\u3042\u3063\u3066\u3001\u30a2\u30eb\u30c8\u30ea\u30a2\u306f\u30b8\u30e5\u30fc\u30eb\u3068\u306e\u63d0\u643a\u6761\u4ef6\u3092\u898b\u76f4\u3059\u3053\u3068\u3068\u3057\u307e\u3057\u305f\u3002FDA\u306e\u627f\u8a8d\u3092\u5f97\u308b\u305f\u3081\u306e\u30b5\u30dd\u30fc\u30c8\u306b\u5c02\u5ff5\u3057\u3001\u5e83\u544a\u30fb\u30de\u30fc\u30b1\u30c6\u30a3\u30f3\u30b0\u306a\u3069\u3001\u305d\u306e\u4ed6\u306e\u652f\u63f4\u306f2020\u5e743\u6708\u306b\u7d42\u4e86\u3059\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002<\/p>\n\n\n\n<p><span class=\"blue_line\">\u307e\u305f\u3001\u30a2\u30eb\u30c8\u30ea\u30a2\u306f\u30012020\uff5e22\u5e74\u306b\u304b\u3051\u3066\u306e\u8abf\u6574\u5f8cEPS\u6210\u9577\u76ee\u6a19\u3092\u3053\u308c\u307e\u3067\u306e<span class=\"huto\">5\uff5e8\uff05<\/span>\u304b\u3089<span class=\"huto\">4\uff5e7\uff05<\/span>\u306b\u5f15\u304d\u4e0b\u3052\u3066\u3044\u307e\u3059\u3002\u7b2c3\u56db\u534a\u671f\u306f<span class=\"huto\">7\uff5e9\uff05<\/span>\u306e\u898b\u901a\u3057\u304b\u3089\u5f15\u304d\u4e0b\u3052\u3066\u3044\u308b\u306e\u3067\u3001<span class=\"hutoaka\">2\u671f\u9023\u7d9a\u306e\u4e0b\u65b9\u4fee\u6b63<\/span>\u3067\u3059\u306d\u3002<\/span>\u3053\u3046\u3057\u305f\u4e8b\u60c5\u3082\u3042\u3063\u3066\u3001\u682a\u4fa1\u304c\u5927\u304d\u304f\u5024\u4e0b\u304c\u308a\u3057\u307e\u3057\u305f&#x1f4a6;<\/p>\n\n\n\n<div class=\"article_ads\"><script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br><ins class=\"adsbygoogle\" style=\"display: block; text-align: center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-2389148065955301\" data-ad-slot=\"4406162686\"><\/ins><br><script><br \/>\n     (adsbygoogle = window.adsbygoogle || []).push({});<br \/>\n<\/script><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"huto\">\u914d\u5f53\u652f\u6255\u3044\u306f\u5927\u4e08\u592b\u306a\u306e\uff1f<\/span><\/h2>\n\n\n\n<p>\u30a2\u30eb\u30c8\u30ea\u30a2\u306e\u914d\u5f53\u306f<span class=\"huto\">\u5e74\u95933.28\u30c9\u30eb<\/span>\u3067\u3059\u3002\u30b8\u30e5\u30fc\u30eb\u306e\u6e1b\u640d\u51e6\u7406\u306a\u3069\u7279\u6b8a\u8981\u56e0\u3092\u9664\u3044\u305f\u8abf\u6574\u5f8cEPS\u306f<span class=\"huto\">4.22\u30c9\u30eb<\/span>\u3067\u3059\u304b\u3089\u3001\u8abf\u6574\u5f8cEPS\u3067\u898b\u305f\u914d\u5f53\u6027\u5411\u306f<span class=\"huto\">77.7\uff05<\/span>\u3067\u3042\u308a\u3001\u5371\u967a\u6c34\u6e96\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p>\u30a2\u30eb\u30c8\u30ea\u30a2\u306f\u8abf\u6574\u5f8cEPS\u306e<span class=\"huto\">80\uff05<\/span>\u3092\u914d\u5f53\u306b\u3042\u3066\u308b\u3053\u3068\u3092\u5ba3\u8a00\u3057\u3066\u3044\u307e\u3059\u3002\u8abf\u6574\u5f8cEPS\u304c\u5e74\u73874\uff5e7\uff05\u30da\u30fc\u30b9\u3067\u6210\u9577\u3057\u3066\u3044\u304f\u306e\u3067\u3042\u308c\u3070\u3001\u914d\u5f53\u3082\u305d\u306e\u304f\u3089\u3044\u306e\u4f38\u3073\u304c\u671f\u5f85\u3067\u304d\u308b\u306e\u3067\u306f\u306a\u3044\u3067\u3057\u3087\u3046\u304b\u3002<\/p>\n\n\n\n<p>\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\uff08CF\uff09\u3067\u3082\u898b\u3066\u307f\u307e\u3059\u306d\u3002<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><tbody><tr><td><span class=\"huto\">\uff082019\u5e74\u7d2f\u8a08\uff09<\/span><\/td><td><span class=\"huto\">2019<\/span><\/td><td><span class=\"huto\">2018<\/span><\/td><td><span class=\"huto\">\u524d\u5e74\u6bd4<\/span><\/td><\/tr><tr><td><span class=\"huto\">\u55b6\u696dCF<\/span><\/td><td>$78.4\u5104<\/td><td>$83.9\u5104<\/td><td><span class=\"hutoaka\">-9.3\uff05<\/span><\/td><\/tr><tr><td><span class=\"huto\">\u30d5\u30ea\u30fcCF*<\/span><\/td><td>$75.9\u5104<\/td><td>$81.6\u5104<\/td><td><span class=\"hutoaka\">-7.0\uff05<\/span><\/td><\/tr><tr><td><span class=\"huto\">\u914d\u5f53\u91d1\u652f\u6255\u3044\u984d<\/span><\/td><td>$60.7\u5104<\/td><td>$54.2\u5104<\/td><td><span class=\"huto\"><span style=\"color: #0000ff;\">+12.0\uff05<\/span><\/span><\/td><\/tr><tr><td><span class=\"huto\">\u914d\u5f53\u91d1\u652f\u6255\u3044\u984d\uff0f\u30d5\u30ea\u30fcCF<\/span><\/td><td>80.0\uff05<\/td><td>66.4\uff05<\/td><td><span class=\"huto\"><span style=\"color: #0000ff;\">+13.6pt<\/span><\/span><\/td><\/tr><tr><td><span class=\"huto\">\u81ea\u793e\u682a\u8cb7\u3044\u91d1\u984d<\/span><\/td><td>$8.5\u5104<\/td><td>$16.7\u5104<\/td><td><span class=\"huto\"><span style=\"color: #0000ff;\"><span class=\"hutoaka\">-50.5\uff05<\/span><\/span><\/span><\/td><\/tr><tr><td><span class=\"huto\">\uff08\u914d\u5f53\u91d1\u652f\u6255\u3044\u984d\uff0b\u81ea\u793e\u682a\u8cb7\u3044\u91d1\u984d\uff09\uff0f\u30d5\u30ea\u30fcCF<\/span><\/td><td>91.1%<\/td><td>86.8%<\/td><td><span class=\"huto\"><span style=\"color: #0000ff;\">+4.3pt<\/span><\/span><\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">*\u55b6\u696dCF\u304b\u3089\u8a2d\u5099\u6295\u8cc7\u3092\u9664\u3044\u305f\u984d<\/figcaption><\/figure>\n\n\n\n<p><span class=\"blue_line\">\u55b6\u696dCF\u304c\u524d\u5e74\u540c\u671f\u6bd4\u3067<span class=\"hutoaka\">10\uff05\u8fd1\u304f\u6e1b\u5c11<\/span>\u3057\u3066\u3044\u307e\u3059\u3002\u81ea\u793e\u682a\u8cb7\u3044\u91d1\u984d\u3053\u305d\u6e1b\u3089\u3057\u3066\u3044\u307e\u3059\u304c\u3001\u914d\u5f53\u91d1\u652f\u6255\u3044\u984d\u306f\u5897\u3048\u3066\u304a\u308a\u3001\u53bb\u5e74\u3088\u308a\u3082\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306f\u53b3\u3057\u3081\u3067\u3059\u3002<\/span><\/p>\n\n\n\n<p>\u9577\u671f\u50b5\u52d9\u306f270\u5104\u30c9\u30eb\uff08\u7d042.9\u5146\u5186\uff09\u3067\u7b2c3\u56db\u534a\u671f\u304b\u3089\u307b\u3068\u3093\u3069\u5909\u308f\u3063\u3066\u3044\u307e\u305b\u3093\u3002\u305d\u3057\u3066\u30012019\u5e74\u306f<span class=\"huto\">11\u5104\u30c9\u30eb\u306e\u5229\u606f<\/span>\u3092\u652f\u6255\u3063\u3066\u304a\u308a\u3001\u914d\u5f53\u91d1\u3084\u81ea\u793e\u682a\u8cb7\u3044\u3092\u542b\u3081\u308b\u3068\u3001\u30d5\u30ea\u30fcCF\u4ee5\u4e0a\u306e\u91d1\u984d\u304c\u6d41\u51fa\u3057\u3066\u3044\u308b\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u305f\u3070\u3053\u7523\u696d\u306a\u306e\u3067\u3001\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306f\u5b89\u5b9a\u7684\u304b\u3068\u601d\u3044\u307e\u3059\u304c\u3001\u73fe\u72b6\u3001\u30d5\u30ea\u30fcCF\u306e\u307b\u3068\u3093\u3069\u304c\u914d\u5f53\u91d1\u652f\u6255\u3044\u3068\u5229\u6255\u3044\u8cbb\u3067\u6d88\u3048\u3066\u3044\u308b\u3053\u3068\u3092\u8003\u616e\u3059\u308b\u3068\u3001\u7d50\u69cb\u7db1\u6e21\u308a\u306e\u72b6\u6cc1\u3060\u3068\u601d\u3063\u3066\u3044\u307e\u3059\u3002\u81ea\u793e\u682a\u8cb7\u3044\u304c\u30bc\u30ed\u306b\u306a\u3063\u3066\u304f\u308b\u3088\u3046\u3060\u3068<span class=\"hutoaka\">\u5371\u967a\u4fe1\u53f7<\/span>\u3067\u3059\u306d\u3002<\/p>\n\n\n\n<div class=\"article_ads\"><script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br><ins class=\"adsbygoogle\" style=\"display: block; text-align: center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-2389148065955301\" data-ad-slot=\"4406162686\"><\/ins><br><script><br \/>\n     (adsbygoogle = window.adsbygoogle || []).push({});<br \/>\n<\/script><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u307e\u3068\u3081\u30fb\u6240\u611f<\/h2>\n\n\n\n<ol class=\"is-style-check_list has-swl-main-thin-background-color has-background wp-block-list\">\n<li><span class=\"huto\">\u305f\u3070\u3053\u51fa\u8377\u91cf\u306e\u843d\u3061\u8fbc\u307f\u304c\u5927\u304d\u304f\u3001\u5024\u4e0a\u3052\u3068\u30b3\u30b9\u30c8\u524a\u6e1b\u3067\u30ab\u30d0\u30fc\u3057\u3066\u3044\u308b\u72b6\u6cc1<\/span><\/li>\n\n\n\n<li><span class=\"huto\">\u76f8\u6b21\u3050\u8a34\u8a1f\u306b\u76f4\u9762\u3057\u3066\u304a\u308a\u3001\u30b8\u30e5\u30fc\u30eb\u304b\u3089\u306e\u53ce\u76ca\u3092\u671f\u5f85\u3059\u308b\u306e\u306f\u53b3\u3057\u3044\u3002\u73fe\u72b6\u3067\u306f\u3001\u8cb7\u53ce\u306f\u5931\u6557\u3060\u3063\u305f\u3068\u3044\u308f\u3056\u308b\u3092\u5f97\u306a\u3044<\/span><\/li>\n\n\n\n<li><span class=\"huto\">\u30d5\u30ea\u30fcCF\u306e\u307b\u3068\u3093\u3069\u304c\u914d\u5f53\u91d1\u652f\u6255\u3044\u3068\u5229\u6255\u3044\u8cbb\u3067\u6d88\u3048\u3066\u3044\u308b\u3002\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u304c\u4f38\u3073\u60a9\u3080\u3068\u6e1b\u914d\u306e\u53ef\u80fd\u6027\u3082<\/span><\/li>\n<\/ol>\n\n\n\n<p><span class=\"pink_line\">\u7b2c3\u56db\u534a\u671f\u306b\u5f15\u304d\u7d9a\u304d\u3001\u898b\u305f\u76ee\u306e\u696d\u7e3e\u306f\u305d\u3053\u307e\u3067\u60aa\u304f\u3042\u308a\u307e\u305b\u3093\u304c\u3001<span class=\"huto\">\u305f\u3070\u3053\u51fa\u8377\u91cf\u306e\u843d\u3061\u8fbc\u307f\u304c\u5927\u304d\u3044\u3053\u3068<\/span>\u3068\u3001<span class=\"huto\">\u304b\u3064\u304b\u3064\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc<\/span>\u304c\u5fc3\u914d\u3067\u3059\u306d\u3002<\/span><\/p>\n\n\n\n<p>\u30a2\u30eb\u30c8\u30ea\u30a2\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u306b\u304a\u3051\u308b\u305f\u3070\u3053\u7523\u696d\u306e\u5e02\u5834\u898f\u6a21\u304c2019\u5e74\u306b<span class=\"huto\">5.5\uff05\u7e2e\u5c0f\u3057\u305f<\/span>\u3068\u63a8\u5b9a\u3057\u3066\u3044\u307e\u3059\u3002\u601d\u3063\u305f\u3088\u308a\u3082\u305f\u3070\u3053\u96e2\u308c\u304c\u6df1\u523b\u3067\u3059\u306d\u3002<\/p>\n\n\n\n<p>\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306b\u3064\u3044\u3066\u306f\u30012019\u5e74\u7b2c4\u56db\u534a\u671f\u3067\u306f5\u5104\u30c9\u30eb\u306e\u81ea\u793e\u682a\u8cb7\u3044\u3092\u884c\u3063\u3066\u3044\u308b\u3088\u3046\u306a\u306e\u3067\u3001\u307e\u3060\u307e\u3060\u5927\u4e08\u592b\u304b\u3068\u601d\u3044\u307e\u3059\u304c\u3001\u81ea\u793e\u682a\u8cb7\u3044\u3092\u884c\u3046\u4f59\u88d5\u304c\u306a\u304f\u306a\u308b\u3068\u5371\u306a\u3044\u306a\u3068\u601d\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u914d\u5f53\u5229\u56de\u308a7\uff05\u306e\u30a2\u30eb\u30c8\u30ea\u30a2\u306f\u8cb7\u3044\u304b\uff1f<\/h3>\n\n\n\n<p><span class=\"blue_line\">\u30a2\u30eb\u30c8\u30ea\u30a2\u306e\u914d\u5f53\u5229\u56de\u308a\u306f<span class=\"hutoaka\">7.07\uff05<\/span>\uff081\u6708\u672b\u6642\u70b9\uff09\u3067\u3059\u3002\u304b\u306a\u308a\u9ad8\u6c34\u6e96\u3067\u3042\u308b\u3053\u3068\u306b\u306f\u9055\u3044\u306a\u3044\u306e\u3067\u3059\u304c\u3001\u6628\u5e74\u306e\u914d\u5f53\u5229\u56de\u308a8\uff05\u8d85\u306e\u6c34\u6e96\u3092\u7d4c\u9a13\u3057\u3066\u3044\u308b\u8eab\u3068\u3057\u3066\u306f\u3084\u3084\u7269\u8db3\u308a\u306a\u304f\u611f\u3058\u307e\u3059\u3002<\/span>\u5b9f\u7e3ePER\u306f<span class=\"huto\">11.3\u500d<\/span>\u3067\u3059\uff081\u6708\u672b\u3001\u8abf\u6574\u5f8cPER\u30d9\u30fc\u30b9\uff09\u3002<\/p>\n\n\n\n<p>\u305f\u3070\u3053\u682a\u306e\u4fdd\u6709\u304c\u5c11\u306a\u3044\u5834\u5408\u306f\u3001\u682a\u4fa1\u304c\u4e0b\u304c\u308c\u3070\u5c11\u3057\u305a\u3064\u8cb7\u3044\u5897\u3057\u3057\u3066\u3044\u304f\u524d\u63d0\u3067\u3001\u8cfc\u5165\u3057\u3066\u3082\u3088\u3044\u6c34\u6e96\u304b\u306a\u3068\u601d\u3044\u307e\u3059\u304c\u3001\u500b\u4eba\u7684\u306b\u306f\u3001<span class=\"huto\"><a href=\"https:\/\/yutan-investment.com\/?p=5463\">ESG\u6295\u8cc7<\/a><\/span>\u306e\u6f6e\u6d41\u3082\u3042\u3063\u3066\u3001\u682a\u4fa1\u306f\u4e0a\u5024\u306e\u91cd\u3044\u72b6\u614b\u304c\u7d9a\u304f\u3068\u8003\u3048\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u4eca\u5f8c\u6570\u5e74\u3067\u3001\u696d\u7e3e\u304c\u5927\u5e45\u306b\u5411\u4e0a\u3059\u308b\u30a4\u30e1\u30fc\u30b8\u304c\u306a\u304b\u306a\u304b\u6301\u3066\u306a\u3044\u306e\u3067\u3001<span class=\"yellow_line\">\u914d\u5f53\u5229\u56de\u308a8\uff05\u307e\u3067\u306f\u3044\u304b\u306a\u304f\u3066\u3082\u3001\u3053\u306e\u304f\u3089\u3044\u306e\u682a\u4fa1\u3067\u3042\u308c\u3070\u3001\u8cb7\u3048\u308b\u30c1\u30e3\u30f3\u30b9\u306f\u307e\u305f\u3084\u3063\u3066\u6765\u308b\u306e\u304b\u306a\u3063\u3066\u601d\u3063\u3066\u3044\u307e\u3059\u3002<\/span>\u9b45\u529b\u7684\u306a\u6c34\u6e96\u3067\u3059\u304c\u3001\u305d\u306e\u5206\u30ea\u30b9\u30af\u3082\u9ad8\u3044\u306e\u3067\u3001\u6df1\u8ffd\u3044\u306f\u7981\u7269\u3067\u3059\u306d\u3002<\/p>\n\n\n\n<p>\u79c1\u306e\u5834\u5408\u3001\u307e\u3060\u542b\u307f\u76ca\u304c\u51fa\u3066\u3044\u308b\u3053\u3068\u3084\u3001\u4fdd\u6709\u5272\u5408\u304cETF\u4fdd\u6709\u5206\u542b\u3081\u3066\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e<span class=\"huto\">3%<\/span>\u3068\u3001\u30d6\u30ea\u30c6\u30a3\u30c3\u30b7\u30e5\u30fb\u30a2\u30e1\u30ea\u30ab\u30f3\u30fb\u30bf\u30d0\u30b3\u306b\u6b21\u3050\u6c34\u6e96\u306a\u306e\u3067\u7121\u7406\u306b\u8cb7\u3044\u5897\u3057\u306f\u3057\u307e\u305b\u3093\u3002\u524d\u56de\u8cfc\u5165\u6642\u306e\u6c34\u6e96\uff0840.85\u30c9\u30eb\uff09\u3092\u4e0b\u56de\u308b\u3088\u3046\u306a\u3053\u3068\u304c\u3042\u308c\u3070\u3001\u8cb7\u3044\u3092\u691c\u8a0e\u3057\u3066\u3044\u304d\u305f\u3044\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u3069\u3046\u3057\u3066\u3082\u30db\u30eb\u30c0\u30fc\u306a\u306e\u3067\u53b3\u3057\u3081\u306b\u898b\u3066\u3057\u307e\u3046\u3068\u3053\u308d\u306f\u3042\u308b\u306e\u3067\u3059\u304c\u3001<span class=\"hutoaka\">\u682a\u4e3b\u9084\u5143\u610f\u6b32\u304c\u9ad8\u3044\u4f1a\u793e<\/span>\u3067\u3042\u308b\u3053\u3068\u306b\u306f\u9593\u9055\u3044\u3042\u308a\u307e\u305b\u3093\u3057\u3001\u65e5\u672c\u3067\u5927\u30d2\u30c3\u30c8\u3092\u3082\u305f\u3089\u3057\u305f<span class=\"huto\">iQOS<\/span>\uff08\u30a2\u30a4\u30b3\u30b9\uff09\u3082\u30a2\u30c8\u30e9\u30f3\u30bf\u3068\u30ea\u30c3\u30c1\u30e2\u30f3\u30c9\u3067\u5546\u54c1\u5316\u304c\u59cb\u307e\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u500b\u4eba\u7684\u306b\u306f\u30d5\u30a3\u30ea\u30c3\u30d7\u30e2\u30ea\u30b9\u3068\u306e\u5408\u4f75\u3092\u671f\u5f85\u3057\u3066\u3044\u307e\u3059\u304c\u2026\u4f55\u3068\u304b\u4e00\u822c\u7684\u306a\u305f\u3070\u3053\u306e\u843d\u3061\u8fbc\u307f\u3092\u30ab\u30d0\u30fc\u3057\u3066\u307b\u3057\u3044\u3068\u3053\u308d\u3067\u3059\u306d&#x2728;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u3086\u30fc\u305f\u3093\u3067\u3059\u266a \u4eca\u9031\u306e\u7c73\u56fd\u682a\u3067\u3059\u304c\u3001\u79c1\u304c\u4fdd\u6709\u3057\u3066\u3044\u308bAltria\uff08\u30a2\u30eb\u30c8\u30ea\u30a2\u3001\u30c6\u30a3\u30c3\u30ab\u30fc\uff1aMO\uff09\u306e\u7b2c4\u56db\u534a\u671f\u6c7a\u7b97\u304c\u767a\u8868\u3055\u308c\u307e\u3057\u305f\u3002\u7b2c3\u56db\u534a\u671f\u6c7a\u7b97\u306b\u5f15\u304d\u7d9a\u304d\u3001\u96fb\u5b50\u305f\u3070\u3053\u3092\u88fd\u9020\u30fb\u8ca9\u58f2\u3059\u308b\u30b8\u30e5\u30fc\u30eb\uff08JUUL\uff09\u3078\u306e\u6295\u8cc7\u640d\u5931\u306b\u3088\u308a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4973,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"yes","_lmt_disable":"","swell_btn_cv_data":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-5499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-3-"],"modified_by":"yutan","_links":{"self":[{"href":"https:\/\/yutan-investment.com\/index.php?rest_route=\/wp\/v2\/posts\/5499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yutan-investment.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yutan-investment.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yutan-investment.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yutan-investment.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5499"}],"version-history":[{"count":2,"href":"https:\/\/yutan-investment.com\/index.php?rest_route=\/wp\/v2\/posts\/5499\/revisions"}],"predecessor-version":[{"id":9107,"href":"https:\/\/yutan-investment.com\/index.php?rest_route=\/wp\/v2\/posts\/5499\/revisions\/9107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yutan-investment.com\/index.php?rest_route=\/wp\/v2\/media\/4973"}],"wp:attachment":[{"href":"https:\/\/yutan-investment.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yutan-investment.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yutan-investment.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}