{"id":1368,"date":"2026-06-04T10:29:02","date_gmt":"2026-06-04T01:29:02","guid":{"rendered":"https:\/\/mitsukijapan.com\/ma\/?post_type=columm&p=1368"},"modified":"2026-06-05T12:10:03","modified_gmt":"2026-06-05T03:10:03","slug":"ebitda-sale-ma","status":"publish","type":"column","link":"https:\/\/mitsukijapan.com\/ma\/column\/ebitda-sale-ma\/","title":{"rendered":"EBITDA\u3067\u4f1a\u793e\u58f2\u5374\u306e\u4fa1\u683c\u3092\u8aad\u307f\u89e3\u304f\uff5c\u500d\u7387\u3068\u8abf\u6574\u5f8c\u306eM&A\u5b9f\u52d9"},"content":{"rendered":"\n

\u4f1a\u793e\u3092\u3044\u304f\u3089\u3067\u58f2\u308c\u308b\u306e\u304b\u3002\u305d\u306e\u8d77\u70b9\u306b\u306a\u308b\u306e\u304cEBITDA\u3067\u3059\u3002\u672c\u8a18\u4e8b\u3067\u306fEBITDA\u306e\u610f\u5473\u3068\u8a08\u7b97\u3001EV\uff0fEBITDA\u500d\u7387\u3092\u4f7f\u3063\u305f\u4f1a\u793e\u58f2\u5374\u4fa1\u683c\u306e\u76ee\u5b89\u3001\u4fa1\u683c\u3092\u5927\u304d\u304f\u5de6\u53f3\u3059\u308b\u8abf\u6574\u5f8cEBITDA\u306e\u5b9f\u52d9\u307e\u3067\u3092\u8b72\u6e21\u30aa\u30fc\u30ca\u30fc\u306e\u8996\u70b9\u3067\u6574\u7406\u3057\u307e\u3059\u3002\u55b6\u696d\u5229\u76ca\u3084EBIT\u3068\u306e\u9055\u3044\u3082\u62bc\u3055\u3048\u3089\u308c\u307e\u3059\u3002<\/p>\n\n\n\n

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\u76ee\u6b21<\/div>\n\t\t
  1. EBITDA\u304cM&A\u306e\u4f1a\u793e\u58f2\u5374\u4fa1\u683c\u3092\u5de6\u53f3\u3059\u308b\u7406\u7531<\/a>
    1. \u4f1a\u793e\u58f2\u5374\u4fa1\u683c\u306fEBITDA\u500d\u7387\u3067\u6982\u7b97\u3055\u308c\u308b<\/a><\/li>
    2. \u306a\u305c\u6700\u7d42\u5229\u76ca\u3067\u306a\u304fEBITDA\u3067\u6e2c\u308b\u306e\u304b<\/a><\/li><\/ol><\/li>
    3. EBITDA\u3068\u306f\u4f55\u304b\uff08\u610f\u5473\u30fb\u8aad\u307f\u65b9\u30fb\u69cb\u6210\u8981\u7d20\uff09<\/a>
      1. EBITDA\u306e\u8aad\u307f\u65b9<\/a><\/li>
      2. EBITDA\u3092\u69cb\u6210\u3059\u308b5\u3064\u306e\u8981\u7d20<\/a><\/li><\/ol><\/li>
      3. EBITDA\u306e\u8a08\u7b97\u65b9\u6cd5<\/a>
        1. \u55b6\u696d\u5229\u76ca\u306b\u6e1b\u4fa1\u511f\u5374\u8cbb\u3092\u8db3\u3059\u7c21\u4fbf\u6cd5<\/a><\/li>
        2. \u5f53\u671f\u7d14\u5229\u76ca\u304b\u3089\u7a4d\u307f\u4e0a\u3052\u308b\u65b9\u6cd5<\/a><\/li><\/ol><\/li>
        3. EV\uff0fEBITDA\u500d\u7387\u3067\u4f1a\u793e\u58f2\u5374\u4fa1\u683c\u3092\u8a66\u7b97\u3059\u308b<\/a>
          1. EV\uff0fEBITDA\u500d\u7387\u306e\u8a08\u7b97\u5f0f<\/a><\/li>
          2. \u696d\u7a2e\u3067\u500d\u7387\u304c\u5909\u308f\u308b\u7406\u7531<\/a><\/li>
          3. \u4e2d\u5c0f\u4f01\u696d\u306e\u500d\u7387\u6c34\u6e96\u306e\u76ee\u5b89<\/a><\/li><\/ol><\/li>
          4. \u8abf\u6574\u5f8cEBITDA\uff5c\u4e2d\u5c0f\u4f01\u696d\u306e\u4f1a\u793e\u58f2\u5374\u3067\u4fa1\u683c\u3092\u5de6\u53f3\u3059\u308b\u5b9f\u52d9<\/a>
            1. \u6b63\u5e38\u5316\uff08\u30ce\u30fc\u30de\u30e9\u30a4\u30bc\u30fc\u30b7\u30e7\u30f3\uff09\u306e\u8003\u3048\u65b9<\/a><\/li>
            2. \u8abf\u6574\u9805\u76ee\u306e\u30c1\u30a7\u30c3\u30af\u30ea\u30b9\u30c8<\/a><\/li>
            3. \u8abf\u6574\u3067\u4fa1\u683c\u304c\u3069\u3046\u52d5\u304f\u304b<\/a><\/li><\/ol><\/li>
            4. EBITDA\u3068\u985e\u4f3c\u6307\u6a19\u306e\u9055\u3044\uff08\u55b6\u696d\u5229\u76ca\u30fbEBIT\u30fbFCF\uff09<\/a>
              1. \u55b6\u696d\u5229\u76ca\u3068\u306e\u9055\u3044<\/a><\/li>
              2. EBIT\u3068\u306e\u9055\u3044<\/a><\/li>
              3. \u30d5\u30ea\u30fc\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3068\u306e\u9055\u3044<\/a><\/li><\/ol><\/li>
              4. EBITDA\u3092\u904e\u4fe1\u3057\u306a\u3044\u305f\u3081\u306e\u6ce8\u610f\u70b9<\/a>
                1. \u8a2d\u5099\u6295\u8cc7\u306e\u91cd\u3055\u304c\u96a0\u308c\u308b<\/a><\/li>
                2. \u6709\u5229\u5b50\u8ca0\u50b5\u3068\u306e\u30d0\u30e9\u30f3\u30b9\u3067\u898b\u308b<\/a><\/li>
                3. \u4e00\u6642\u8981\u56e0\u3068\u696d\u7a2e\u7279\u6027\u3092\u5207\u308a\u5206\u3051\u308b<\/a><\/li><\/ol><\/li>
                4. \u4f1a\u793e\u58f2\u5374\u306b\u5411\u3051\u3066EBITDA\u3092\u3069\u3046\u9ad8\u3081\u308b\u304b<\/a><\/li>
                5. EBITDA\u3068M&A\u30fb\u4f1a\u793e\u58f2\u5374\u306b\u95a2\u3059\u308bFAQ<\/a><\/li>
                6. EBITDA\u3092\u58f2\u5374\u4fa1\u683c\u306e\u8d77\u70b9\u3068\u3057\u3066\u6d3b\u304b\u3059\u305f\u3081\u306b<\/a><\/li><\/ol><\/li><\/ol>\n\t<\/div>\n\n\n

                  \u300c\u3046\u3061\u306e\u4f1a\u793e\u3067\u3082\u58f2\u5374\u3067\u304d\u308b\u3060\u308d\u3046\u304b\u2026\u300d\u3001\u300c\u4f55\u304b\u3089\u59cb\u3081\u308c\u3070\u3044\u3044\u3093\u3060\u308d\u3046\u2026\u300d\u3002\u305d\u306e\u3088\u3046\u306a\u30aa\u30fc\u30ca\u30fc\u7d4c\u55b6\u8005\u306e\u4e0d\u5b89\u306b\u3001\u4e2d\u5c0f\u4f01\u696d\u5411\u3051M&A\u4ef2\u4ecb\u4f1a\u793e\u307f\u3064\u304d\u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u306f\u300120\u5e74\u9593\u30fb500\u4ef6\u4ee5\u4e0a\u306e\u652f\u63f4\u5b9f\u7e3e\u306b\u57fa\u3065\u304d\u3001\u304a\u5fdc\u3048\u3057\u307e\u3059\u3002\u672c\u683c\u691c\u8a0e\u524d\u306e\u60c5\u5831\u53ce\u96c6\u3068\u3057\u3066\u3001\u307e\u305a\u306f\u304a\u8a71\u3092\u304a\u805e\u304b\u305b\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n

                  \uff1e \u307f\u3064\u304d\u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u306b\u7121\u6599\u76f8\u8ac7\u3059\u308b\uff5c\u7a0e\u7406\u58eb\u6cd5\u4eba\u30b0\u30eb\u30fc\u30d7<\/a><\/p>\n\n\n\n

                  EBITDA\u304cM&A\u306e\u4f1a\u793e\u58f2\u5374\u4fa1\u683c\u3092\u5de6\u53f3\u3059\u308b\u7406\u7531<\/h2>\n\n\n\n

                  \u300c\u3046\u3061\u306f\u3044\u304f\u3089\u3067\u58f2\u308c\u308b\u306e\u304b\u300d\u3002\u4f1a\u793e\u58f2\u5374\u3092\u8003\u3048\u59cb\u3081\u305f\u30aa\u30fc\u30ca\u30fc\u304c\u6700\u521d\u306b\u3076\u3064\u304b\u308b\u554f\u3044\u3067\u3059\u3002\u305d\u306e\u7b54\u3048\u306e\u8d77\u70b9\u306b\u306a\u308b\u306e\u304cEBITDA\u3067\u3059\u3002\u8cb7\u3044\u624b\u306f\u6c7a\u7b97\u66f8\u306e\u6700\u7d42\u5229\u76ca\u3060\u3051\u3092\u898b\u3066\u3044\u308b\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u672c\u696d\u304c\u3069\u308c\u3060\u3051\u73fe\u91d1\u3092\u751f\u3080\u304b\u3092\u6e2c\u308a\u3001\u305d\u306e\u4f55\u500d\u304b\u3067\u4fa1\u683c\u3092\u7d44\u307f\u7acb\u3066\u307e\u3059\u3002\u3060\u304b\u3089\u3053\u305d\u3001\u8b72\u6e21\u30aa\u30fc\u30ca\u30fc\u81ea\u8eab\u304c\u3053\u306e\u6307\u6a19\u3092\u7406\u89e3\u3057\u3066\u304a\u304f\u4fa1\u5024\u306f\u5927\u304d\u3044\u306e\u3067\u3059\u3002<\/p>\n\n\n\n

                  \u672c\u8a18\u4e8b\u306f\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\u306e\u5168\u4f53\u50cf<\/mark><\/a>\u306e\u3046\u3061\u3001\u5e02\u5834\u306e\u53d6\u5f15\u4e8b\u4f8b\u304b\u3089\u4fa1\u5024\u3092\u5c0e\u304f\u30de\u30fc\u30b1\u30c3\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u306e\u8003\u3048\u65b9<\/mark><\/a>\u306b\u4f4d\u7f6e\u3065\u304f\u4e00\u672c\u3067\u3059\u3002EBITDA\u306e\u610f\u5473\u3068\u8a08\u7b97\u304b\u3089\u3001\u4f1a\u793e\u58f2\u5374\u4fa1\u683c\u3078\u306e\u7d50\u3073\u3064\u3051\u65b9\u307e\u3067\u901a\u3057\u3067\u6574\u7406\u3057\u307e\u3059\u3002<\/p>\n\n\n\n

                  \u4f1a\u793e\u58f2\u5374\u4fa1\u683c\u306fEBITDA\u500d\u7387\u3067\u6982\u7b97\u3055\u308c\u308b<\/h3>\n\n\n\n

                  \u4e2d\u5c0f\u4f01\u696d\u306eM&A\u3067\u306f\u3001EBITDA\u306b\u696d\u7a2e\u3054\u3068\u306e\u500d\u7387\u3092\u639b\u3051\u3066\u4f01\u696d\u4fa1\u5024\u306e\u5f53\u305f\u308a\u3092\u3064\u3051\u308b\u65b9\u6cd5\u304c\u5e83\u304f\u4f7f\u308f\u308c\u307e\u3059\u3002\u305f\u3068\u3048\u3070EBITDA\u304c1\u5104\u5186\u5186\u3001\u500d\u7387\u304c4\u500d\u306a\u3089\u3001\u76ee\u5b89\u306f4\u5104\u5186\u3002\u3056\u3063\u304f\u308a\u3067\u3059\u304c\u3001\u6700\u521d\u306e\u898b\u7acb\u3066\u3068\u3057\u3066\u306f\u6a5f\u80fd\u3057\u307e\u3059\u3002<\/p>\n\n\n\n

                  \u3053\u306e\u8a08\u7b97\u306e\u51fa\u767a\u70b9\u304cEBITDA\u305d\u306e\u3082\u306e\u306e\u7cbe\u5ea6\u3067\u3059\u3002\u571f\u53f0\u304c\u7518\u3051\u308c\u3070\u3001\u639b\u3051\u7b97\u306e\u7d50\u679c\u3082\u7518\u304f\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

                  \u306a\u305c\u6700\u7d42\u5229\u76ca\u3067\u306a\u304fEBITDA\u3067\u6e2c\u308b\u306e\u304b<\/h3>\n\n\n\n

                  \u4f1a\u793e\u3054\u3068\u306b\u501f\u5165\u306e\u591a\u5be1\u3084\u7a0e\u8ca0\u62c5\u3001\u8a2d\u5099\u6295\u8cc7\u306e\u91cd\u3055\u306f\u9055\u3044\u307e\u3059\u3002\u6700\u7d42\u5229\u76ca\u306f\u305d\u308c\u3089\u306e\u5f71\u97ff\u3092\u5168\u90e8\u304b\u3076\u3063\u305f\u6570\u5b57\u3067\u3059\u3002EBITDA\u306f\u305d\u3053\u3092\u53d6\u308a\u9664\u304d\u3001\u672c\u696d\u306e\u7a3c\u3050\u529b\u3060\u3051\u3092\u6d6e\u304b\u3073\u4e0a\u304c\u3089\u305b\u307e\u3059\u3002\u898f\u6a21\u3082\u696d\u7a2e\u3082\u9055\u3046\u4f1a\u793e\u3092\u540c\u3058\u571f\u4ff5\u3067\u6bd4\u3079\u3089\u308c\u308b\u3002\u8cb7\u3044\u624b\u304c\u597d\u3093\u3067\u4f7f\u3046\u7406\u7531\u306f\u3053\u3053\u306b\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

                  EBITDA\u3068\u306f\u4f55\u304b\uff08\u610f\u5473\u30fb\u8aad\u307f\u65b9\u30fb\u69cb\u6210\u8981\u7d20\uff09<\/h2>\n\n\n\n

                  \u6b63\u5f0f\u540d\u79f0\u306fEarnings Before Interest, Taxes, Depreciation and Amortization\u3002\u5229\u606f\u30fb\u7a0e\u91d1\u30fb\u6e1b\u4fa1\u511f\u5374\u8cbb\u3092\u5dee\u3057\u5f15\u304f\u524d\u306e\u5229\u76ca\u3092\u6307\u3057\u3001\u7c21\u6613\u7684\u306b\u306f\u511f\u5374\u524d\u55b6\u696d\u5229\u76ca\u3068\u547c\u3070\u308c\u307e\u3059\u3002\u7565\u8a9e\u304c\u72ec\u308a\u6b69\u304d\u3057\u304c\u3061\u3067\u3059\u304c\u3001\u4e2d\u8eab\u306f\u30b7\u30f3\u30d7\u30eb\u3067\u3059\u3002<\/p>\n\n\n\n

                  \"\u5f53\u671f\u7d14\u5229\u76ca\u306b\u7a0e\u91d1\u3084\u652f\u6255\u5229\u606f\u3001\u6e1b\u4fa1\u511f\u5374\u8cbb\uff08EBIT\uff09\u3092\u8db3\u3057\u623b\u3057\u3066EBITDA\u3092\u69cb\u6210\u3059\u308b\u4ed5\u7d44\u307f\u3092\u793a\u3059\u56f3\"<\/figure>\n\n\n\n

                  EBITDA\u306e\u8aad\u307f\u65b9<\/h3>\n\n\n\n

                  \u6c7a\u307e\u3063\u305f\u8aad\u307f\u65b9\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u73fe\u5834\u3067\u306f\u6b21\u306e\u3088\u3046\u306b\u547c\u3070\u308c\u307e\u3059\u3002<\/p>\n\n\n\n