{"id":910,"date":"2019-06-24T23:07:46","date_gmt":"2019-06-24T14:07:46","guid":{"rendered":"https:\/\/yutan-investment.com\/?p=910"},"modified":"2022-07-14T08:41:09","modified_gmt":"2022-07-13T23:41:09","slug":"enb","status":"publish","type":"post","link":"https:\/\/yutan-investment.com\/?p=910","title":{"rendered":"\u3010ENB\u3011\uff08\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\uff09\uff5e70\u5e74\u8fd1\u304f\u6e1b\u914d\u306a\u3057\uff01\u5317\u7c73\u6709\u6570\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u4f01\u696d\u266a\uff5e"},"content":{"rendered":"\n<p class=\"is-style-icon_announce\">\u3010\u66f4\u65b0\u60c5\u5831\u3011\uff082022\/7\/14\uff09<br>2021\u5e74\u306e\u6c7a\u7b97\u30c7\u30fc\u30bf\u306b\u66f4\u65b0\u3002\u5927\u5e45\u30ea\u30e9\u30a4\u30c8\u266a<\/p>\n\n\n\n<p>\u3086\u30fc\u305f\u3093\u3067\u3059\u266a<\/p>\n\n\n\n<p>\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u306e\u9298\u67c4\u5206\u6790\u3067\u3059\u3002\u30ab\u30ca\u30c0\u682a\u306e\u6642\u4fa1\u7dcf\u984d\u30675\u672c\u306e\u6307\u306b\u5165\u308b\u5927\u4f01\u696d\u3067\u3059\u266a<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8<\/strong>\u3063\u3066\u3069\u3093\u306a\u4f1a\u793e\uff1f<\/h2>\n\n\n\n<p><strong>\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8<\/strong>\uff08<strong>Enbridge<\/strong>\u3001\u30c6\u30a3\u30c3\u30ab\u30fc\uff1a<strong>ENB<\/strong>\uff09\u306f\u3001\u30ab\u30ca\u30c0\u306e\u30ab\u30eb\u30ac\u30ea\u30fc\u306b\u672c\u793e\u3092\u7f6e\u304f\u5317\u7c73\u6709\u6570\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u4f01\u696d\u3067\u3059\u3002\u53ce\u76ca\u306f\u7d04470.7\u5104\u30ab\u30ca\u30c0\u30c9\u30eb\uff082021\u5e74\uff09\u307b\u3069\u3067\u3001\u65e5\u672c\u5186\u63db\u7b97\u3067\u7d044.24\u5146\u5186\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u4e3b\u306a\u4e8b\u696d\u306f\u3001<strong>\u539f\u6cb9\u3084\u5929\u7136\u30ac\u30b9\u306e\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u904b\u55b6\u30fb\u7ba1\u7406<\/strong>\u3067\u3059\u3002\u5317\u7c73\u3067\u751f\u7523\u3055\u308c\u308b\u539f\u6cb9\u306e\u7d0430\uff05\u3092\u8f38\u9001\u3001\u30a2\u30e1\u30ea\u30ab\u3067\u6d88\u8cbb\u3055\u308c\u308b\u5929\u7136\u30ac\u30b9\u306e\u7d0420\uff05\u3092\u8f38\u9001\u3057\u3066\u3044\u307e\u3059\u3002\u307e\u305f\u5317\u7c73\u30673\u756a\u76ee\u306b\u5927\u304d\u3044\u5929\u7136\u30ac\u30b9\u4f9b\u7d66\u4e8b\u696d\u3082\u55b6\u3093\u3067\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-4469\" src=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2019\/06\/Pipeline_image1.jpg\" alt=\"Pipeline_image\" width=\"700\" height=\"386\" srcset=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2019\/06\/Pipeline_image1.jpg 700w, https:\/\/yutan-investment.com\/wp-content\/uploads\/2019\/06\/Pipeline_image1-300x165.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><br><small>\uff08Image By\uff1aAdobe Stock\uff09<\/small><\/p>\n\n\n\n<p>\u3053\u3046\u3057\u305f\u7523\u696d\u306f\u3001\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u306e\u6574\u5099\u3084\u8a2d\u5099\u306e\u30e1\u30f3\u30c6\u30ca\u30f3\u30b9\u306a\u3069\u3001\u8a2d\u5099\u6295\u8cc7\u306b\u591a\u984d\u306e\u8cbb\u7528\u304c\u304b\u304b\u308a\u307e\u3059\u3002\u53c2\u5165\u969c\u58c1\u304c\u9ad8\u304f\u3001\u4ed6\u793e\u306e\u53c2\u5165\u306f\u56f0\u96e3\u3067\u3001\u8f38\u9001\u91cf\u304c\u5897\u52a0\u3057\u3066\u3082\u3001\u8f38\u9001\u91cf\u306e\u5897\u52a0\u307b\u3069\u3001\u8cbb\u7528\u304c\u5897\u52a0\u3059\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u306e\u3067\u3001\u5229\u76ca\u7387\u3082\u4e0a\u6607\u3057\u3066\u3044\u304d\u307e\u3059\uff08\u7d4c\u6e08\u5b66\u3067\u306f<strong>\u898f\u6a21\u306e\u7d4c\u6e08<\/strong>\u3068\u547c\u3070\u308c\u307e\u3059\u3002\u9244\u9053\u3092\u30a4\u30e1\u30fc\u30b8\u3059\u308b\u3068\u7406\u89e3\u3057\u3084\u3059\u3044\u3067\u3059\u306d&#x2728;\uff09\u3002<\/p>\n\n\n\n<p>\u6c17\u306b\u306a\u308b\u306e\u304c\u3001\u300c<strong>\u8131\u70ad\u7d20<\/strong>\u300d\u306e\u52d5\u304d\u3067\u3059\u3002\u539f\u6cb9\u306e\u9700\u8981\u306f\u3001\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u306e\u6d41\u884c\u3082\u3042\u308a\u30012019\u5e74\u306b\u30d4\u30fc\u30af\u3092\u6253\u3063\u305f\u306e\u3067\u306f\u3068\u3001\u30b9\u30fc\u30d1\u30fc\u30e1\u30b8\u30e3\u30fc\u306eBP\u793e\u304c\u898b\u901a\u3057\u3092\u516c\u8868\u3057\u3066\u3044\u307e\u3059\u3002<span class=\"swl-marker mark_orange\">\u5929\u7136\u30ac\u30b9\u306e\u9700\u8981\u3082\u3001\u30b3\u30ed\u30ca\u524d\u306e\u6642\u70b9\u3067\u306f\u30012050\u5e74\u307e\u3067\u5897\u52a0\u3057\u7d9a\u3051\u308b\u4e88\u6e2c\u3067\u3057\u305f\u304c\u3001\u300c\u8131\u70ad\u7d20\u300d\u306e\u52a0\u901f\u3068\u30b3\u30ed\u30ca\u798d\u3067\u3001\u60f3\u5b9a\u3088\u308a\u3082\u65e9\u304f<span class=\"swl-inline-color has-swl-deep-01-color\"><strong>\u5929\u7136\u30ac\u30b9\u306e\u9700\u8981\u304c\u6e1b\u5c11\u306b\u8ee2\u3058\u308b\u30ea\u30b9\u30af<\/strong><\/span>\u306f\u5426\u5b9a\u3067\u304d\u307e\u305b\u3093<\/span>\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u3067\u3082\u77f3\u6cb9\u3068\u6bd4\u8f03\u3059\u308b\u3068\u3001\u5929\u7136\u30ac\u30b9\u306f\u71c3\u713c\u6642\u306e\u4e8c\u9178\u5316\u70ad\u7d20\u306e\u6392\u51fa\u91cf\u304c\u6bd4\u8f03\u7684\u5c11\u306a\u3044\u30af\u30ea\u30fc\u30f3\u306a\u30a8\u30cd\u30eb\u30ae\u30fc\u3067\u3042\u308b\u3053\u3068\u304b\u3089\u30012050\u5e74\u6642\u70b9\u3067\u3082\u5929\u7136\u30ac\u30b9\u306e\u9700\u8981\u304c\u5927\u304d\u304f\u6e1b\u5c11\u3059\u308b\u3068\u3044\u3046\u3053\u3068\u306f\u8003\u3048\u306b\u304f\u3044\u306e\u3067\u306f\u306a\u3044\u3067\u3057\u3087\u3046\u304b\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u518d\u751f\u53ef\u80fd\u30a8\u30cd\u30eb\u30ae\u30fc\u306b\u53e4\u304f\u304b\u3089\u53d6\u308a\u7d44\u3080\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8<\/h3>\n\n\n\n<p>\u3082\u3061\u308d\u3093\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u3082\u518d\u751f\u53ef\u80fd\u30a8\u30cd\u30eb\u30ae\u30fc\u306e\u4e8b\u696d\u306b\u306f\u53d6\u308a\u7d44\u3093\u3067\u3044\u3066\u30012002\u5e74\u306b\u98a8\u529b\u767a\u96fb\u6240\u3078\u306e\u6295\u8cc7\u3092\u521d\u3081\u3066\u884c\u3063\u3066\u3044\u307e\u3059\u30025.2GW\u306e\u518d\u751f\u53ef\u80fd\u30a8\u30cd\u30eb\u30ae\u30fc\u767a\u96fb\u80fd\u529b\u3092\u6709\u3057\uff08\u5efa\u8a2d\u4e2d\u542b\u3080\uff09\u300190\uff05\u4ee5\u4e0a\u304c\u98a8\u529b\u767a\u96fb\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u4ed6\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u4f01\u696d\u306e\u4f8b\u306b\u6f0f\u308c\u305a\u3001<span class=\"swl-marker mark_yellow\">2050\u5e74\u307e\u3067\u306b\u300c<strong>\u6e29\u5ba4\u52b9\u679c\u30ac\u30b9\u6392\u51fa\u6b63\u5473\u30bc\u30ed<\/strong>\u300d\u3092\u9054\u6210\u3059\u308b\u3053\u3068\u3092\u7d04\u675f\u3057\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u306e\u57fa\u672c\u60c5\u5831<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><tbody><tr><td>\u30bb\u30af\u30bf\u30fc<\/td><td>\u30a8\u30cd\u30eb\u30ae\u30fc\uff08\u77f3\u6cb9\u30fb\u30ac\u30b9\u306e\u8caf\u8535\u30fb\u8f38\u9001\uff09<\/td><\/tr><tr><td>\u682a\u4fa1<\/td><td>37.83<\/td><\/tr><tr><td>1\u682a\u3042\u305f\u308a\u914d\u5f53\u53ef\u80fdCF\u306e\u6210\u9577\u7387\uff082018\u301c22\uff09<\/td><td>4.9\uff05<\/td><\/tr><tr><td>\u914d\u5f53<\/td><td>C$3.52\uff08\u56db\u534a\u671f\u3042\u305f\u308aC$0.8875\uff09<\/td><\/tr><tr><td>\u914d\u5f53\u5229\u56de\u308a<\/td><td>6.92\uff05<\/td><\/tr><tr><td>\u9023\u7d9a\u5897\u914d<\/td><td>27\u5e74\uff08\u914d\u5f53\u958b\u59cb\u4ee5\u964d\u6e1b\u914d\u306a\u3057\uff09<\/td><\/tr><tr><td>S&amp;P\u683c\u4ed8\u3051<\/td><td>BBB+<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">\u203b2023\/3\/29\u73fe\u5728<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u306e\u696d\u7e3e<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">\u53ce\u76ca\uff08\u58f2\u4e0a\u9ad8\uff09\u3001\u55b6\u696d\u5229\u76ca\u3001\u7d14\u5229\u76ca<\/h3>\n\n\n<div class=\"wp-block-image is-style-photo_frame\">\n<figure class=\"aligncenter\"><a href=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2019\/06\/chart-10.png\"><img decoding=\"async\" width=\"543\" height=\"358\" src=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-Revenue-2008-21.png\" alt=\"ENB Revenue 2008-21\" class=\"wp-image-7601\" srcset=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-Revenue-2008-21.png 543w, https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-Revenue-2008-21-300x198.png 300w\" sizes=\"(max-width: 543px) 100vw, 543px\" \/><\/a><figcaption class=\"wp-element-caption\">\u203b\u30b0\u30e9\u30d5\u306fENB\u306eIR\u30c7\u30fc\u30bf\u3088\u308a\u4f5c\u6210\u3002\u30c7\u30fc\u30bf\u306f\u30ab\u30ca\u30c0\u30c9\u30eb\u30d9\u30fc\u30b9\uff08\u4ee5\u4e0b\u540c\u3058\uff09<\/figcaption><\/figure>\n<\/div>\n\n\n<p>2016\u5e74\u306b\u30a2\u30e1\u30ea\u30ab\u306e\u77f3\u6cb9\u30fb\u5929\u7136\u30ac\u30b9\u4f1a\u793e\u3067\u3042\u308b\u30b9\u307a\u30af\u30c8\u30e9\u30fb\u30a8\u30ca\u30b8\u30fc\u3092\u8cb7\u53ce\u3059\u308b\u306a\u3069\u3001M&amp;A\uff08\u5408\u4f75\u30fb\u8cb7\u53ce\uff09\u306b\u7a4d\u6975\u7684\u306a\u3053\u3068\u3082\u3042\u308a\u3001\u53ce\u76ca\u306f\u591a\u5c11\u306e\u51f9\u51f8\u306f\u3042\u308a\u307e\u3059\u304c\u3001\u5897\u52a0\u50be\u5411\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u30022021\u5e74\u6642\u70b9\u3067\u306f\u3001\u53ce\u76ca\u306e43\uff05\u304c\u30ab\u30ca\u30c0\u300157%\u304c\u30a2\u30e1\u30ea\u30ab\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u53ce\u76ca\u306e5\u5e74\u5e73\u5747\u6210\u9577\u7387\uff082017\u301c21\uff09\u306f<span class=\"swl-inline-color has-swl-deep-02-color\">+1.5%<\/span>\u300110\u5e74\u5e73\u5747\u6210\u9577\u7387\uff082012\u301c21\uff09\u306f<span class=\"swl-inline-color has-swl-deep-02-color\">+7.4%<\/span>\u3067\u3059&#x2728;<\/p>\n\n\n\n<p>\u55b6\u696d\u5229\u76ca\u7387\u3082\u5f90\u3005\u306b\u5024\u3092\u5207\u308a\u4e0a\u3052\u3066\u3044\u308b\u70b9\u304c\u826f\u3044\u3067\u3059\u306d\u30022020\u5e74\u306f\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u306e\u5f71\u97ff\u3082\u3042\u308a\u3001\u53ce\u76ca\u306f\u843d\u3061\u8fbc\u307f\u307e\u3057\u305f\u304c\u3001\u55b6\u696d\u5229\u76ca\u7387\u306f\u3080\u3057\u308d\u4e0a\u6607\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u306e\u4e8b\u696d\u5225\u53ce\u76ca\uff082021\u5e74\uff09<\/h4>\n\n\n<div class=\"wp-block-image is-style-photo_frame\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"496\" height=\"240\" src=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-Revenue-2021-e1657546439196.png\" alt=\"ENB Revenue 2021\" class=\"wp-image-7615\" srcset=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-Revenue-2021-e1657546439196.png 496w, https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-Revenue-2021-e1657546439196-300x145.png 300w\" sizes=\"(max-width: 496px) 100vw, 496px\" \/><\/figure>\n<\/div>\n\n\n<p>\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u306e\u4e8b\u696d\u306f5\u3064\u306e\u4e8b\u696d\u306b\u5206\u304b\u308c\u3066\u3044\u307e\u3059\u3002\u30a8\u30cd\u30eb\u30ae\u30fc\u30b5\u30fc\u30d3\u30b9\u3092\u9664\u304f4\u3064\u304c\u30b3\u30a2\u4e8b\u696d\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u6db2\u4f53\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u306f\u3001<strong>\u53ce\u76ca\u306e22\uff05\u3092\u5360\u3081\u308b\u4e3b\u529b\u4e8b\u696d<\/strong>\u3067\u3059\u3002<span class=\"swl-marker mark_yellow\">2.8\u4e07km\u3082\u306e\u4e16\u754c\u3067\u6700\u3082\u9577\u3044\u539f\u6cb9\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u3092\u904b\u55b6\u3001\u6bce\u65e5300\u4e07\u30d0\u30ec\u30eb\u4ee5\u4e0a\u306e\u539f\u6cb9\u3092\u8f38\u9001\u3057\u3066\u3044\u307e\u3059\u3002\uff08\u904e\u53bb10\u5e74\u9593\u306799.99991%\u3092\u5b89\u5168\u306b\u8f38\u9001\u3057\u305f\u3068\u306e\u3053\u3068\u3067\u3059\u2026\uff01\uff09\u3002<\/span><\/p>\n\n\n\n<p><strong>\u30ac\u30b9\u8f38\u9001\u3068\u4e2d\u6d41<\/strong>\u306f\u53ce\u76ca\u306e10\uff05\u3092\u5360\u3081\u3066\u304a\u308a\u3001\u5929\u7136\u30ac\u30b9\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u3092\u904b\u55b6\u3057\u3001\u5929\u7136\u30ac\u30b9\u306e\u751f\u7523\u5730\u3068\u4f9b\u7d66\u5730\u3092\u7d50\u3073\u3064\u3051\u3066\u3044\u307e\u3059\u3002<strong>\u30ac\u30b9\u914d\u7d66\u3068\u8caf\u8535<\/strong>\u306f\u540c\u3058\u304f\u53ce\u76ca\u306e10%\u3092\u5360\u3081\u3066\u304a\u308a\u3001\u30ab\u30ca\u30c0\u306e\u30aa\u30f3\u30bf\u30ea\u30aa\u5dde\uff08\u5dde\u90fd\u306f\u30ab\u30ca\u30c0\u6700\u5927\u306e\u90fd\u5e02\u30c8\u30ed\u30f3\u30c8\u30671,400\u4e07\u4eba\u3092\u8d85\u3048\u308b\u4eba\u53e3\u304c\u3044\u307e\u3059\uff09\u306e\u4f4f\u6c11\u306e\u7d0475\uff05\u306b\u30b5\u30fc\u30d3\u30b9\u3092\u63d0\u4f9b\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u518d\u751f\u53ef\u80fd\u30a8\u30cd\u30eb\u30ae\u30fc\u4e8b\u696d\u304b\u3089\u306e\u53ce\u76ca\u306f\u308f\u305a\u304b1\uff05\u3067\u3001\u3053\u306e\u6570\u5b57\u306f\u76f4\u8fd13\u5e74\u3067\u5927\u304d\u304f\u5909\u5316\u3057\u3066\u3044\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p>\u53ce\u76ca\u3067\u6700\u3082\u5927\u304d\u306a\u5272\u5408\u3092\u5360\u3081\u308b<strong>\u30a8\u30cd\u30eb\u30ae\u30fc\u30b5\u30fc\u30d3\u30b9<\/strong>\u306f\u3001\u7cbe\u88fd\u696d\u8005\u3084\u751f\u7523\u8005\u306a\u3069\u306b\u3001\u539f\u6cb9\u306a\u3069\u306e\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u3092\u8cfc\u5165\u30fb\u8ca9\u58f2\u3059\u308b\u90e8\u9580\u3067\u3059\u3002\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u304c\u4fdd\u6709\u3059\u308b\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u306a\u3069\u306e\u8cc7\u7523\u3092\u751f\u304b\u3057\u3066\u3001\u5834\u6240\u3084\u6642\u9593\u306a\u3069\u306e\u5dee\u304b\u3089\u30de\u30fc\u30b8\u30f3\uff08\u5229\u76ca\uff09\u3092\u5f97\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u30a8\u30cd\u30eb\u30ae\u30fc\u30b5\u30fc\u30d3\u30b9\u90e8\u9580\u306f\u3001\u305d\u306e\u6027\u8cea\u4e0a\u3001\u539f\u6cb9\u4fa1\u683c\u306e\u5909\u52d5\u306e\u5f71\u97ff\u3092\u5927\u304d\u304f\u53d7\u3051\u307e\u3059\u30022020\u5e74\u306e\u53ce\u76ca\u306f19\u5e74\u6bd4\u3067<span class=\"swl-inline-color has-swl-deep-01-color\">34%\u306e\u6e1b\u5c11<\/span>\u3068\u306a\u308a\u307e\u3057\u305f\u3002\u307e\u305f\u30012020\u5e74\u30fb21\u5e74\u306eEBITDA\uff08\u55b6\u696d\u5229\u76ca\u306b\u6e1b\u4fa1\u511f\u5374\u8cbb\u3092\u52a0\u3048\u305f\u3082\u306e\uff09\u306f\u8d64\u5b57\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u3001\u8d64\u5b57\u984d\u306f\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u4e8b\u696d\u304c\u751f\u307f\u51fa\u3059EBITDA\u3068\u6bd4\u8f03\u3059\u308b\u3068\u5c0f\u3055\u3044\u3067\u3059\u3002\u3082\u3068\u3082\u3068\u53ce\u76ca\u306e\u898f\u6a21\u306b\u6bd4\u3057\u3066\u3001\u305d\u3053\u307e\u3067\u30de\u30fc\u30b8\u30f3\u3092\u5f97\u3089\u308c\u308b\u4e8b\u696d\u3067\u306f\u306a\u3044\u306e\u3067\u3001\u53ce\u76ca\u306b\u5360\u3081\u308b\u5272\u5408\u306f\u5927\u304d\u3044\u3067\u3059\u304c\u3001\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u306e\u30b3\u30a2\u4e8b\u696d\u3068\u3057\u3066\u306f\u6271\u308f\u308c\u3066\u3044\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p>2020\u5e74\u306e\u30b3\u30ed\u30ca\u30b7\u30e7\u30c3\u30af\u3067\u306f\u3001\u30ac\u30b9\u8f38\u9001\u3068\u4e2d\u6d41\u4e8b\u696d\u3001\u30ac\u30b9\u914d\u7d66\u3068\u8caf\u8535\u4e8b\u696d\u306e\u53ce\u76ca\u304c19\u5e74\u6bd4\u306710\uff05\u7a0b\u5ea6\u6e1b\u5c11\u3057\u3066\u3044\u307e\u3059\u304c\u3001\u6db2\u4f53\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u4e8b\u696d\u306e\u53ce\u76ca\u306f19\u5e74\u6bd4\u3067<span class=\"swl-inline-color has-swl-deep-02-color\">+2%<\/span>\u3068\u3080\u3057\u308d\u5897\u52a0\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p><span class=\"swl-marker mark_blue\">\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u4e8b\u696d\u306f\u3001\u60f3\u5b9a\u3059\u308b\u8f38\u9001\u91cf\u3092\u4e0b\u56de\u3063\u3066\u3082\u3001\u4e00\u5b9a\u7a0b\u5ea6\u306e\u5229\u7528\u6599\u3092\u652f\u6255\u3046\u5951\u7d04\u3092\u3057\u3066\u3044\u308b\u3053\u3068\u304c\u591a\u304f\u3001<span class=\"swl-inline-color has-swl-deep-02-color\"><strong>\u3053\u306e\u5951\u7d04\u3086\u3048\u306b\u539f\u6cb9\u4fa1\u683c\u306e\u5909\u52d5\u306e\u5f71\u97ff\u3092\u53d7\u3051\u306b\u304f\u304f\u306a\u3063\u3066\u3044\u307e\u3059<\/strong><\/span><\/span>\u3002\u4e8b\u5b9f\u30012020\u5e74\u306e\u30b3\u30ed\u30ca\u30b7\u30e7\u30c3\u30af\u3067\u306f\u3001\u539f\u6cb9\u4fa1\u683c\u306e\u4e0b\u843d\u3067\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u30bb\u30af\u30bf\u30fc\u306e\u591a\u304f\u306e\u682a\u304c\u6e1b\u914d\u306e\u6182\u304d\u76ee\u306b\u906d\u3044\u307e\u3057\u305f\u304c\u3001\u3044\u308f\u3086\u308b\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u4e8b\u696d\u3092\u30e1\u30a4\u30f3\u3067\u55b6\u3080\u4f01\u696d\u306e\u591a\u304f\u306f\u3001\u914d\u5f53\u3092\u6e1b\u3089\u3059\u3053\u3068\u306a\u304f\u4e57\u308a\u5207\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">EPS\u30011\u682a\u3042\u305f\u308aDCF<\/h3>\n\n\n<div class=\"wp-block-image is-style-photo_frame\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"543\" height=\"358\" src=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-EPS-DCF-2014-21.png\" alt=\"ENB EPS DCF 2014-21\" class=\"wp-image-7603\" srcset=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-EPS-DCF-2014-21.png 543w, https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-EPS-DCF-2014-21-300x198.png 300w\" sizes=\"(max-width: 543px) 100vw, 543px\" \/><\/figure>\n<\/div>\n\n\n<p>\u4e00\u6642\u7684\u306a\u8981\u56e0\u3092\u53d6\u308a\u9664\u3044\u305f\u3001\u4f1a\u793e\u767a\u8868\u306eAdjusted EPS\u306f\u5897\u52a0\u50be\u5411\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u30025\u5e74\u5e73\u5747\u6210\u9577\u7387\uff082017\u301c21\uff09\u306f<span class=\"swl-inline-color has-swl-deep-02-color\">+8.7%<\/span>\u3067\u3059&#x2728;<\/p>\n\n\n\n<p>DCF\u3068\u3044\u3046\u306e\u306f\u898b\u6163\u308c\u306a\u3044\u7528\u8a9e\u3067\u3059\u3088\u306d\u3002EBITDA\u304b\u3089\u8a2d\u5099\u306e\u30e1\u30f3\u30c6\u30ca\u30f3\u30b9\u8cbb\u7528\u3084\u5229\u6255\u3044\u8cbb\u306a\u3069\u3092\u9664\u3044\u305f\u984d\u3092\u3001\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u793e\u306f\u914d\u5f53\u53ef\u80fd\u306a\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\uff08DCF\uff09\u3068\u3057\u3066\u516c\u8868\u3057\u3066\u3044\u307e\u3059\u3002\u5f8c\u8ff0\u3057\u307e\u3059\u304c\u3001\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u793e\u306f1\u682a\u3042\u305f\u308aDCF\u3092\u914d\u5f53\u652f\u6255\u3044\u306e\u6307\u6a19\u3068\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>DCF\u306e5\u5e74\u5e73\u5747\u6210\u9577\u7387\uff082017\u301c21\uff09\u306f<span class=\"swl-inline-color has-swl-deep-02-color\">+7.7%<\/span>\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u30022020\u5e74\u306e\u30b3\u30ed\u30ca\u30b7\u30e7\u30c3\u30af\u306e\u6642\u3067\u3082\u524d\u5e74\u6bd4\u3067\u308f\u305a\u304b\u306a\u304c\u3089\u5897\u3048\u3066\u3044\u307e\u3059\u3002\u539f\u6cb9\u4fa1\u683c\u306e\u4e0b\u843d\u306b\u3082\u5f37\u3044\u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb\u3068\u306a\u3063\u3066\u3044\u308b\u3053\u3068\u304c\u6539\u3081\u3066\u308f\u304b\u308a\u307e\u3059\u306d&#x2728;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc(CF)<\/h3>\n\n\n<div class=\"wp-block-image is-style-photo_frame\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"543\" height=\"358\" src=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-CF-2008-21.png\" alt=\"ENB CF 2008-21\" class=\"wp-image-7604\" srcset=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-CF-2008-21.png 543w, https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-CF-2008-21-300x198.png 300w\" sizes=\"(max-width: 543px) 100vw, 543px\" \/><\/figure>\n<\/div>\n\n\n<p>\u55b6\u696dCF\u306f\u9806\u8abf\u306b\u6210\u9577\u3057\u3066\u3044\u307e\u3059\u304c\u3001\u4e8b\u696d\u306e\u6027\u8cea\u4e0a\u3001\u8a2d\u5099\u6295\u8cc7\u306e\u5927\u304d\u3055\u304c\u76ee\u7acb\u3061\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u55b6\u696dCF\u304b\u3089\u8a2d\u5099\u6295\u8cc7\u984d\u3092\u5f15\u3044\u305f\u30d5\u30ea\u30fcCF\u304c\u4f4e\u304f\u306a\u3063\u3066\u3044\u307e\u3059\u304c\u3001\u524d\u306e\u9805\u76ee\u3067\u8ff0\u3079\u305f\u901a\u308a\u3001\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u306f\u914d\u5f53\u53ef\u80fd\u306a\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\uff08DCF\uff09\u3092\u7b97\u51fa\u3057\u3066\u304a\u308a\u30011\u682a\u3042\u305f\u308aDCF\u306f\u9806\u8abf\u306b\u5897\u52a0\u3057\u3066\u3044\u308b\u306e\u3067\u3001\u305d\u306e\u9650\u308a\u306b\u304a\u3044\u3066\u306f\u5fc3\u914d\u3044\u3089\u306a\u3044\u3068\u601d\u3044\u307e\u3059\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\">\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u306e\u914d\u5f53<\/h2>\n\n\n<div class=\"wp-block-image is-style-photo_frame\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"543\" height=\"358\" src=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-Dividend-2008-21.png\" alt=\"ENB Dividend 2008-21\" class=\"wp-image-7605\" srcset=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-Dividend-2008-21.png 543w, https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-Dividend-2008-21-300x198.png 300w\" sizes=\"(max-width: 543px) 100vw, 543px\" \/><\/figure>\n<\/div>\n\n\n<p>ENB\u306e\u9023\u7d9a\u5897\u914d\u5e74\u6570\u306f1996\u5e74\u4ee5\u6765\u3001<strong>27\u5e74<\/strong>\u3068\u306a\u3063\u3066\u304a\u308a\u3001<span class=\"swl-marker mark_blue\"><span class=\"swl-inline-color has-swl-deep-02-color\"><strong>1953\u5e74\u4ee5\u6765\u3001\u6e1b\u914d\u304c\u3042\u308a\u307e\u305b\u3093<\/strong><\/span><\/span>\u3002<\/p>\n\n\n\n<p><span class=\"swl-marker mark_blue\">\u3057\u304b\u3082\u5897\u914d\u7387\u3082\u7d20\u6674\u3089\u3057\u304f\u30015\u5e74\u5e73\u5747\u5897\u914d\u7387\uff082017\u301c21\uff09\u306f<span class=\"swl-inline-color has-swl-deep-02-color\">+8.5%<\/span>\u300110\u5e74\u5e73\u5747\u5897\u914d\u7387\uff082012\u301c21\uff09\u306f<span class=\"swl-inline-color has-swl-deep-02-color\">+12.8%<\/span>\u306810\uff05\u3092\u8d85\u3048\u3066\u3044\u307e\u3059\u3002<\/span>\u3082\u3063\u3068\u3082\u3001\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u306e\u5f71\u97ff\u3082\u3042\u308a\u3001\u3053\u30532\u5e74\u306f\u3084\u3084\u5897\u914d\u7387\u304c\u920d\u5316\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>2015\u5e74\u306b\u306fEPS\u304c\u8d64\u5b57\u3067\u3042\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u914d\u5f53\u3092\u51fa\u3057\u3066\u3044\u308b\u306a\u3069\u3001\u914d\u5f53\u6027\u5411\u304c100\uff05\u3092\u5927\u304d\u304f\u8d85\u3048\u3066\u3044\u308b\u70b9\u3092\u6c17\u306b\u3055\u308c\u308b\u65b9\u3082\u591a\u3044\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3082\u3063\u3068\u3082\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u306e\u5834\u5408\u306f\u3001\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u6574\u5099\u306b\u304b\u304b\u308b\u8cbb\u7528\u304c\u5927\u304d\u3044\u3053\u3068\u304b\u3089\u3001\u6e1b\u4fa1\u511f\u5374\u8cbb*\u3082\u5927\u304d\u304f\u306a\u3063\u3066\u304a\u308a\u3001\u305d\u306e\u5206\u3001\u5229\u76ca\u304c\u62bc\u3057\u4e0b\u3052\u3089\u308c\u3066\u3044\u307e\u3059\u3002\u305d\u306e\u305f\u3081\u3001\u4f1a\u793e\u767a\u8868\u306eDCF\u30d9\u30fc\u30b9\u3067\u898b\u305f\u914d\u5f53\u6027\u5411\u3092\u898b\u3066\u307f\u305f\u3044\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"has-small-font-size\">\uff0a\u6e1b\u4fa1\u511f\u5374\u8cbb\u3068\u306f\u3001\u5de5\u5834\u3084\u6a5f\u68b0\u306a\u3069\u3092\u62e1\u5145\u3059\u308b\u8a2d\u5099\u6295\u8cc7\u3092\u884c\u3063\u305f\u969b\u3001\u8a2d\u5099\u306f\u5f90\u3005\u306b\u52a3\u5316\u3057\u3066\u3044\u304d\u307e\u3059\u304b\u3089\u3001\u4e00\u5b9a\u306e\u5e74\u6570\u306b\u304b\u3051\u3066\u3001\u4e00\u5b9a\u306e\u91d1\u984d\u3092\u300c\u4f1a\u8a08\u4e0a\u306e\u8cbb\u7528\u300d\u3068\u3057\u3066\u8a08\u4e0a\u3059\u308b\u3082\u306e\u3067\u3001\u3044\u308f\u3070\u300c\u652f\u51fa\u3092\u4f34\u308f\u306a\u3044\u7d4c\u8cbb\u300d\u3067\u3059\u3002\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u4e8b\u696d\u306f\u3001\u8a2d\u5099\u6295\u8cc7\u304c\u5de8\u5927\u3067\u6e1b\u4fa1\u511f\u5374\u984d\u3082\u5927\u304d\u304f\u3001\u5f93\u6765\u306e\u5229\u76ca\u6307\u6a19\u3067\u306f\u6bd4\u8f03\u304c\u3057\u306b\u304f\u3044\u305f\u3081\u3001EBITDA\u304c\u3088\u304f\u4f7f\u308f\u308c\u307e\u3059\u3002<\/p>\n\n\n<div class=\"wp-block-image is-style-photo_frame\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"543\" height=\"357\" src=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-DividendDCF-2014-21.png\" alt=\"ENB Dividend:DCF 2014-21\" class=\"wp-image-7606\" srcset=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-DividendDCF-2014-21.png 543w, https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/ENB-DividendDCF-2014-21-300x197.png 300w\" sizes=\"(max-width: 543px) 100vw, 543px\" \/><\/figure>\n<\/div>\n\n\n<p>\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u306fDCF\u306e60\u301c70%\u3092\u914d\u5f53\u3068\u3057\u3066\u682a\u4e3b\u306b\u9084\u5143\u3059\u308b\u65b9\u91dd\u3092\u793a\u3057\u3066\u304a\u308a\u30012017\u301c21\u5e74\u306f\u305d\u306e\u6570\u5024\u5185\u306b\u53ce\u307e\u3063\u3066\u3044\u308b\u3053\u3068\u304c\u308f\u304b\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>2024\u5e74\u307e\u3067\u306b<span class=\"swl-marker mark_blue\"><span class=\"swl-inline-color has-swl-deep-02-color\"><strong>\u5e74\u73875\u301c7%\u306eDCF\u6210\u9577<\/strong><\/span><\/span>\u3092\u898b\u8fbc\u3093\u3067\u304a\u308a\u3001\u305d\u306e\u901a\u308a\u306bDCF\u304c\u6210\u9577\u3067\u304d\u308c\u3070\u3001\u4e00\u6841\u53f0\u4e2d\u76e4\u306e\u5897\u914d\u7387\u306f\u671f\u5f85\u3067\u304d\u305d\u3046\u3067\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u306e\u30c8\u30fc\u30bf\u30eb\u30ea\u30bf\u30fc\u30f3<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">VS S&amp;P 500(SPY)\uff081993\/1\u301c\uff09<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"700\" height=\"429\" src=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/SPY_2022-07-03_22-51-50.png\" alt=\"\" class=\"wp-image-7607\" srcset=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/SPY_2022-07-03_22-51-50.png 700w, https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/SPY_2022-07-03_22-51-50-300x184.png 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">VS S&amp;P 500\uff08\u76f4\u8fd15\u5e74\uff09<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"700\" height=\"429\" src=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/SPY_2022-07-03_22-52-13.png\" alt=\"\" class=\"wp-image-7608\" srcset=\"https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/SPY_2022-07-03_22-52-13.png 700w, https:\/\/yutan-investment.com\/wp-content\/uploads\/2022\/07\/SPY_2022-07-03_22-52-13-300x184.png 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure>\n\n\n\n<p>1993\u5e74\u4ee5\u964d\u306e\u30c8\u30fc\u30bf\u30eb\u30ea\u30bf\u30fc\u30f3\u3067\u306f\u3001S&amp;P 500\u3092\u5727\u5012\u3057\u3066\u3044\u307e\u3059\u304c\u3001\u76f4\u8fd15\u5e74\u306e\u30c8\u30fc\u30bf\u30eb\u30ea\u30bf\u30fc\u30f3\u306f\u5e74\u7387<span class=\"swl-inline-color has-swl-deep-02-color\">8.1\uff05<\/span>\uff08S&amp;P 500\uff1a<span class=\"swl-inline-color has-swl-deep-02-color\">11.4%<\/span>\uff09\u3068S&amp;P 500\u306b\u306f\u52a3\u5f8c\u3057\u3066\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u30012022\u5e74\u306e\u8abf\u6574\u5c40\u9762\u3067\u306f\u5dee\u304c\u8a70\u307e\u3063\u3066\u3044\u307e\u3059\u306d\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u307e\u3068\u3081\u30fb\u79c1\u306e\u4fdd\u6709\u72b6\u6cc1\u30fb\u6240\u611f<\/h2>\n\n\n\n<ul class=\"is-style-check_list has-swl-main-thin-background-color has-background wp-block-list\">\n<li>\u53c2\u5165\u969c\u58c1\u304c\u9ad8\u304f\u3001<span class=\"swl-marker mark_blue\"><span class=\"swl-inline-color has-swl-deep-02-color\"><strong>\u539f\u6cb9\u4fa1\u683c\u306e\u4e0b\u843d\u8010\u6027\u3082\u3042\u308b\u5b89\u5b9a\u3057\u305f\u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb<\/strong><\/span><\/span><\/li>\n\n\n\n<li>\u539f\u6cb9\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u4e8b\u696d\u304b\u3089\u306e\u53ce\u76ca\u304c\u5927\u304d\u304f\u3001<span class=\"swl-marker mark_orange\"><span class=\"swl-inline-color has-swl-deep-01-color\"><strong>\u300c\u8131\u70ad\u7d20\u300d\u306e\u52a0\u901f\u306b\u3088\u308b\u9700\u8981\u6e1b\u9000\u30ea\u30b9\u30af\u306f\u6b8b\u308b<\/strong><\/span><\/span><\/li>\n\n\n\n<li><span class=\"swl-marker mark_blue\"><span class=\"swl-inline-color has-swl-deep-02-color\"><strong>27\u5e74\u9023\u7d9a\u5897\u914d\u306e\u5b9f\u7e3e<\/strong><\/span><\/span>\u304c\u3042\u308a\u3001\u6e1b\u914d\u306f\u904e\u53bb60\u5e74\u4ee5\u4e0a\u306a\u3057\u3002\u914d\u5f53\u3082\u5b89\u5168\u306b\u30ab\u30d0\u30fc\u3055\u308c\u3066\u3044\u308b<\/li>\n<\/ul>\n\n\n\n<p>\u79c1\u306f\u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\uff08ENB\uff09\u3092\u4fdd\u6709\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u521d\u3081\u3066\u8cfc\u5165\u3057\u305f\u306e\u306f\u30012018\u5e747\u6708\u3067\u3001\u79c1\u304c\u7c73\u56fd\u682a\u306e\u500b\u5225\u682a\u6295\u8cc7\u3092\u59cb\u3081\u305f\u521d\u671f\u304b\u3089\u4fdd\u6709\u3057\u7d9a\u3051\u3066\u3044\u308b\u682a\u3067\u3059\u3002\u4ee5\u964d\u3001\u30b3\u30ed\u30ca\u30b7\u30e7\u30c3\u30af\u306e2020\u5e743\u6708\u304b\u30892021\u5e741\u6708\u306b\u304b\u3051\u3066\u8cb7\u3044\u5897\u3057\u3092\u7d9a\u3051\u3066\u304d\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p><span class=\"swl-marker mark_orange\"><span class=\"swl-inline-color has-swl-deep-01-color\"><strong>\u300c\u8131\u70ad\u7d20\u300d\u306e\u52a0\u901f<\/strong><\/span>\u306f\u3082\u3061\u308d\u3093\u30ea\u30b9\u30af\u8981\u56e0\u3067\u3059<\/span>\u3002\u3057\u304b\u3057\u3001\u5317\u7c73\u5730\u57df\u306f1\u4eba\u3042\u305f\u308a\u30a8\u30cd\u30eb\u30ae\u30fc\u6d88\u8cbb\u91cf\u3082\u5927\u304d\u304f\u3001\u4eba\u53e3\u3082\u5897\u52a0\u3057\u7d9a\u3051\u3066\u3044\u307e\u3059\u3002\u5c11\u306a\u304f\u3068\u3082\u79c1\u304c\u751f\u304d\u3066\u3044\u308b\u3046\u3061\u306f\u3001\u77f3\u6cb9\u9700\u8981\u3082\u305d\u3053\u307e\u3067\u5927\u304d\u304f\u306f\u6e1b\u9000\u3057\u306a\u3044\u3060\u308d\u3046\u3057\u3001\u5929\u7136\u30ac\u30b9\u306e\u9700\u8981\u306f\u6839\u5f37\u304f\u6b8b\u308a\u7d9a\u3051\u308b\u3068\u8003\u3048\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u8fd1\u5e74\u306e\u5897\u914d\u7387\u306f\u920d\u5316\u3057\u3066\u3044\u307e\u3059\u304c\u3001<span class=\"swl-marker mark_blue\">6\uff05\u3092\u8d85\u3048\u308b\u9ad8\u914d\u5f53\u3001\u539f\u6cb9\u4fa1\u683c\u306e\u4e0b\u843d\u306b\u5f37\u3044\u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb\u3001\u591a\u89d2\u5316\u3055\u308c\u305f\u4e8b\u696d\u3068\u3001<span class=\"swl-inline-color has-swl-deep-02-color\"><strong>\u30a8\u30cd\u30eb\u30ae\u30fc\u682a\u306e\u4e2d\u3067\u306f\u6700\u3082\u5b89\u5fc3\u3057\u3066\u4fdd\u6709\u3067\u304d\u308b\u682a\u306e\u4e00\u3064<\/strong><\/span>\u3060\u3068\u8003\u3048\u3066\u3044\u307e\u3059&#x2728;<\/span><\/p>\n\n\n\n<p class=\"has-xs-font-size\">\u60c5\u5831\u958b\u793a\uff1a\u3053\u306e\u8a18\u4e8b\u306f\u79c1\u81ea\u8eab\u304c\u66f8\u3044\u305f\u3082\u306e\u3067\u3042\u308a\u3001\u79c1\u306e\u610f\u898b\u3092\u8868\u3057\u3066\u3044\u307e\u3059\u3002\u79c1\u306f\u3053\u306e\u8a18\u4e8b\u304b\u3089\u5831\u916c\u3092\u53d7\u3051\u53d6\u3063\u3066\u304a\u3089\u305a\u3001\u3053\u306e\u8a18\u4e8b\u3067\u8a00\u53ca\u3055\u308c\u3066\u3044\u308b\u4f1a\u793e\u3068\u76f4\u63a5\u306e\u30d3\u30b8\u30cd\u30b9\u95a2\u4fc2\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u3010\u66f4\u65b0\u60c5\u5831\u3011\uff082022\/7\/14\uff092021\u5e74\u306e\u6c7a\u7b97\u30c7\u30fc\u30bf\u306b\u66f4\u65b0\u3002\u5927\u5e45\u30ea\u30e9\u30a4\u30c8\u266a \u3086\u30fc\u305f\u3093\u3067\u3059\u266a \u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u306e\u9298\u67c4\u5206\u6790\u3067\u3059\u3002\u30ab\u30ca\u30c0\u682a\u306e\u6642\u4fa1\u7dcf\u984d\u30675\u672c\u306e\u6307\u306b\u5165\u308b\u5927\u4f01\u696d\u3067\u3059\u266a \u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\u3063\u3066\u3069\u3093\u306a\u4f1a\u793e\uff1f \u30a8\u30f3\u30d6\u30ea\u30c3\u30b8\uff08En [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"yes","_lmt_disable":"","swell_btn_cv_data":"","footnotes":""},"categories":[9],"tags":[42],"class_list":["post-910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2-","tag-energy"],"modified_by":"yutan","_links":{"self":[{"href":"https:\/\/yutan-investment.com\/index.php?rest_route=\/wp\/v2\/posts\/910","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=910"}],"version-history":[{"count":3,"href":"https:\/\/yutan-investment.com\/index.php?rest_route=\/wp\/v2\/posts\/910\/revisions"}],"predecessor-version":[{"id":9075,"href":"https:\/\/yutan-investment.com\/index.php?rest_route=\/wp\/v2\/posts\/910\/revisions\/9075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yutan-investment.com\/index.php?rest_route=\/wp\/v2\/media\/4469"}],"wp:attachment":[{"href":"https:\/\/yutan-investment.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yutan-investment.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yutan-investment.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}