{"id":1989,"date":"2026-06-03T10:50:10","date_gmt":"2026-06-03T01:50:10","guid":{"rendered":"https:\/\/mitsukijapan.com\/ma\/?post_type=column&p=1989"},"modified":"2026-06-03T20:28:58","modified_gmt":"2026-06-03T11:28:58","slug":"unlisted-share-value-ma","status":"publish","type":"column","link":"https:\/\/mitsukijapan.com\/ma\/column\/unlisted-share-value-ma\/","title":{"rendered":"\u975e\u4e0a\u5834\u682a\u5f0f\u306e\u8a55\u4fa1\uff5cM&A\u306e\u6642\u4fa1\u3068\u76f8\u7d9a\u7a0e\u8a55\u4fa1\u984d\u306e\u9055\u3044\u30fb\u8b72\u6e21\u4fa1\u984d"},"content":{"rendered":"\n

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\u76ee\u6b21<\/div>\n\t\t
  1. \u975e\u4e0a\u5834\u682a\u5f0f\u306e\u8a55\u4fa1\u304cM&A\u3068\u7a0e\u52d9\u3067\u98df\u3044\u9055\u3046\u7406\u7531<\/a>
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      1. \u30a4\u30f3\u30ab\u30e0\u30a2\u30d7\u30ed\u30fc\u30c1\uff5c\u5c06\u6765\u306e\u7a3c\u3050\u529b\u3092\u4fa1\u5024\u306b\u3059\u308b<\/a><\/li>
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          4. \u975e\u4e0a\u5834\u682a\u5f0f\u306e\u8b72\u6e21\u76ca\u3068\u78ba\u5b9a\u7533\u544a<\/a>
            1. \u8b72\u6e21\u76ca\u306f\u7533\u544a\u5206\u96e2\u8ab2\u7a0e\u306720.315\uff05<\/a><\/li>
            2. \u7533\u544a\u304c\u5fc5\u8981\u306a\u5834\u5408\u3068\u4e0d\u8981\u306a\u5834\u5408<\/a><\/li><\/ol><\/li>
            3. \u4f1a\u793e\u58f2\u5374\u3067\u8a55\u4fa1\u984d\u3092\u5f15\u304d\u4e0a\u3052\u308b\u5b9f\u52d9\u306e\u7740\u773c\u70b9<\/a><\/li>
            4. \u975e\u4e0a\u5834\u682a\u5f0f\u306e\u8a55\u4fa1\u306b\u95a2\u3059\u308bFAQ<\/a><\/li>
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              \u4f1a\u793e\u304c\u5c06\u6765\u751f\u307f\u51fa\u3059\u304a\u91d1\u306b\u7740\u76ee\u3059\u308b\u8003\u3048\u65b9\u3067\u3059\u3002\u4eca\u306e\u7d14\u8cc7\u7523\u304c\u5c0f\u3055\u304f\u3066\u3082\u3001\u3053\u308c\u304b\u3089\u7a3c\u3050\u529b\u304c\u9ad8\u3051\u308c\u3070\u4fa1\u5024\u306f\u5927\u304d\u304f\u306a\u308a\u307e\u3059\u3002\u6210\u9577\u4f01\u696d\u3084\u72ec\u81ea\u306e\u53ce\u76ca\u57fa\u76e4\u3092\u6301\u3064\u4f1a\u793e\u3067\u529b\u3092\u767a\u63ee\u3057\u307e\u3059\u3002<\/p>\n\n\n\n

              DCF\u6cd5<\/h4>\n\n\n\n

              \u5c06\u6765\u306e\u30d5\u30ea\u30fc\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u4e88\u6e2c\u3057\u3001\u5272\u5f15\u7387\u3067\u73fe\u5728\u4fa1\u5024\u306b\u5f15\u304d\u76f4\u3059\u624b\u6cd5\u3067\u3059\u3002M&A\u306e\u7406\u8ad6\u7684\u306a\u571f\u53f0\u3068\u3057\u3066\u91cd\u8996\u3055\u308c\u307e\u3059\u304c\u3001\u4e88\u6e2c\u306e\u7cbe\u5ea6\u304c\u305d\u306e\u307e\u307e\u8a55\u4fa1\u984d\u306b\u97ff\u304d\u307e\u3059\u3002\u524d\u63d0\u306e\u7f6e\u304d\u65b9\u3072\u3068\u3064\u3067\u6570\u5b57\u304c\u52d5\u304f\u305f\u3081\u3001\u6839\u62e0\u306e\u8aac\u660e\u529b\u304c\u554f\u308f\u308c\u307e\u3059\u3002\u8a73\u3057\u3044\u8a08\u7b97\u624b\u9806\u306fDCF\u6cd5\u306e\u8a08\u7b97\u4e8b\u4f8b<\/mark><\/a>\u3067\u78ba\u8a8d\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n

              \u30de\u30fc\u30b1\u30c3\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\uff5c\u4f3c\u305f\u4f1a\u793e\u306e\u500d\u7387\u3067\u6e2c\u308b<\/h3>\n\n\n\n

              \u4e8b\u696d\u5185\u5bb9\u3084\u898f\u6a21\u304c\u8fd1\u3044\u4e0a\u5834\u4f1a\u793e\u306e\u6570\u5024\u3092\u53c2\u8003\u306b\u3059\u308b\u8003\u3048\u65b9\u3067\u3059\u3002\u5e02\u5834\u3067\u5f62\u6210\u3055\u308c\u305f\u500d\u7387\u3092\u4f7f\u3046\u305f\u3081\u3001\u5ba2\u89b3\u6027\u3092\u6301\u305f\u305b\u3084\u3059\u3044\u306e\u304c\u5229\u70b9\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

              \u30de\u30eb\u30c1\u30d7\u30eb\u6cd5\uff08\u985e\u4f3c\u4f1a\u793e\u6bd4\u8f03\u6cd5\uff09<\/h4>\n\n\n\n

              \u985e\u4f3c\u3059\u308b\u4e0a\u5834\u4f1a\u793e\u306eEV\/EBITDA\u500d\u7387\u306a\u3069\u3092\u3001\u5bfe\u8c61\u4f1a\u793e\u306e\u5229\u76ca\u6307\u6a19\u306b\u5f53\u3066\u306f\u3081\u3066\u4fa1\u5024\u3092\u51fa\u3057\u307e\u3059\u3002\u6bd4\u8f03\u5bfe\u8c61\u306e\u9078\u3073\u65b9\u3067\u7d50\u679c\u304c\u5909\u308f\u308b\u306e\u3067\u3001\u696d\u7a2e\u3084\u898f\u6a21\u306e\u8fd1\u3055\u304c\u9375\u3092\u63e1\u308a\u307e\u3059\u3002\u5177\u4f53\u7684\u306a\u8a08\u7b97\u5f0f\u306fEBITDA\u30de\u30eb\u30c1\u30d7\u30eb\u3067\u306e\u7b97\u5b9a<\/mark><\/a>\u3092\u53c2\u7167\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n

              \u30b3\u30b9\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\uff5c\u7d14\u8cc7\u7523\u304b\u3089\u7a4d\u307f\u4e0a\u3052\u308b<\/h3>\n\n\n\n

              \u4f1a\u793e\u304c\u6301\u3064\u8cc7\u7523\u3068\u8ca0\u50b5\u3092\u6642\u4fa1\u3067\u6349\u3048\u76f4\u3057\u3001\u305d\u306e\u5dee\u984d\u3092\u4fa1\u5024\u3068\u307f\u306a\u3059\u8003\u3048\u65b9\u3067\u3059\u3002\u8a08\u7b97\u304c\u5206\u304b\u308a\u3084\u3059\u304f\u3001\u7d14\u8cc7\u7523\u304c\u3057\u3063\u304b\u308a\u3057\u305f\u4f1a\u793e\u3067\u7d0d\u5f97\u611f\u304c\u51fa\u307e\u3059\u3002\u30b3\u30b9\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u306e\u8003\u3048\u65b9<\/mark><\/a>\u3082\u62bc\u3055\u3048\u308b\u3068\u5404\u624b\u6cd5\u306e\u4f4d\u7f6e\u3065\u3051\u304c\u898b\u3048\u307e\u3059\u3002<\/p>\n\n\n\n

              \u6642\u4fa1\u7d14\u8cc7\u7523\u6cd5<\/h4>\n\n\n\n

              \u5e33\u7c3f\u4e0a\u306e\u7d14\u8cc7\u7523\u3092\u6642\u4fa1\u306b\u6d17\u3044\u66ff\u3048\u3066\u4fa1\u5024\u3092\u7b97\u5b9a\u3057\u307e\u3059\u3002\u571f\u5730\u3084\u6709\u4fa1\u8a3c\u5238\u306e\u542b\u307f\u640d\u76ca\u3001\u9000\u8077\u7d66\u4ed8\u50b5\u52d9\u306a\u3069\u3092\u53cd\u6620\u3055\u305b\u308b\u70b9\u304c\u809d\u306b\u306a\u308a\u307e\u3059\u3002\u5c06\u6765\u6027\u3092\u53d6\u308a\u8fbc\u307f\u306b\u304f\u3044\u5f31\u70b9\u306f\u3042\u308b\u3082\u306e\u306e\u3001\u8a08\u7b97\u306e\u900f\u660e\u6027\u306f\u9ad8\u3081\u3067\u3059\u3002\u6642\u4fa1\u7d14\u8cc7\u7523\u6cd5\u306e\u4e2d\u8eab<\/mark><\/a>\u3092\u78ba\u8a8d\u3057\u3066\u304a\u304d\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n

              \u4e2d\u5c0f\u4f01\u696d\u3067\u6839\u5f37\u3044\u5e74\u8cb7\u6cd5<\/h4>\n\n\n\n

              \u6642\u4fa1\u7d14\u8cc7\u7523\u306b\u3001\u55b6\u696d\u5229\u76ca\u306a\u3069\u306e\u6570\u5e74\u5206\u3092\u4e0a\u4e57\u305b\u3057\u3066\u4fa1\u5024\u3092\u51fa\u3059\u7c21\u4fbf\u306a\u65b9\u6cd5\u3067\u3059\u3002\u4e2d\u5c0f\u4f01\u696d\u306eM&A\u3067\u306f\u4ea4\u6e09\u306e\u51fa\u767a\u70b9\u3068\u3057\u3066\u5e83\u304f\u4f7f\u308f\u308c\u3066\u3044\u307e\u3059\u3002\u4e0a\u4e57\u305b\u5e74\u6570\u306e\u7f6e\u304d\u65b9\u3067\u91d1\u984d\u304c\u5909\u308f\u308b\u305f\u3081\u3001\u6839\u62e0\u3042\u308b\u8a2d\u5b9a\u304c\u8981\u308a\u307e\u3059\u3002\u5e74\u8cb7\u6cd5\u3068\u306e\u308c\u3093\u5e74\u6570<\/mark><\/a>\u306e\u8003\u3048\u65b9\u304c\u53c2\u8003\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

              \u76f8\u7d9a\u30fb\u8d08\u4e0e\u3067\u4f7f\u3046\u7a0e\u52d9\u4e0a\u306e\u8a55\u4fa1\u65b9\u6cd5\u306e\u57fa\u790e<\/h2>\n\n\n\n

              \u4f1a\u793e\u58f2\u5374\u3060\u3051\u3067\u306a\u304f\u3001\u76f8\u7d9a\u3084\u89aa\u65cf\u3078\u306e\u5f15\u304d\u7d99\u304e\u3067\u3082\u682a\u5f0f\u306e\u8a55\u4fa1\u306f\u907f\u3051\u3066\u901a\u308c\u307e\u305b\u3093\u3002\u3053\u3053\u306f\u65e7\u6765\u306e\u691c\u7d22\u30cb\u30fc\u30ba\u304c\u5f37\u3044\u9818\u57df\u3067\u3082\u3042\u308a\u307e\u3059\u3002\u7a0e\u52d9\u8a55\u4fa1\u306b\u306f\u6c7a\u307e\u3063\u305f\u9053\u7b4b\u304c\u3042\u308a\u3001\u307e\u305a\u8ab0\u304c\u53d6\u5f97\u3059\u308b\u304b\u3067\u65b9\u5f0f\u304c\u5206\u304b\u308c\u307e\u3059\u3002<\/p>\n\n\n\n

              \"\u975e\u4e0a\u5834\u682a\u5f0f\uff08\u53d6\u5f15\u76f8\u5834\u306e\u306a\u3044\u682a\u5f0f\uff09\u306e\u8a55\u4fa1\u65b9\u5f0f-\u539f\u5247\u7684\u8a55\u4fa1\u65b9\u5f0f\u3068\u7279\u4f8b\u7684\u8a55\u4fa1\u65b9\u5f0f\u306e\u9069\u7528\u5224\u5b9a\u30d5\u30ed\u30fc\u30c1\u30e3\u30fc\u30c8\"<\/figure>\n\n\n\n

              \u682a\u4e3b\u306e\u533a\u5206\u3067\u8a55\u4fa1\u306e\u9053\u304c\u5206\u304b\u308c\u308b<\/h3>\n\n\n\n

              \u53d6\u5f97\u3059\u308b\u682a\u4e3b\u304c\u4f1a\u793e\u3092\u652f\u914d\u3059\u308b\u540c\u65cf\u682a\u4e3b\u7b49\u304b\u3001\u305d\u308c\u4ee5\u5916\u304b\u3067\u3001\u9069\u7528\u3059\u308b\u8a55\u4fa1\u65b9\u5f0f\u304c\u5909\u308f\u308a\u307e\u3059\u3002\u3053\u3053\u304c\u7a0e\u52d9\u8a55\u4fa1\u306e\u6700\u521d\u306e\u5206\u5c90\u70b9\u3067\u3059\u3002<\/p>\n\n\n\n

              \u540c\u65cf\u682a\u4e3b\u306f\u539f\u5247\u7684\u8a55\u4fa1\u65b9\u5f0f<\/h4>\n\n\n\n

              \u7d4c\u55b6\u3078\u306e\u5f71\u97ff\u529b\u304c\u5927\u304d\u3044\u3068\u307f\u306a\u3055\u308c\u3001\u539f\u5247\u7684\u8a55\u4fa1\u65b9\u5f0f\u3092\u4f7f\u3044\u307e\u3059\u3002\u4f1a\u793e\u898f\u6a21\u306b\u5fdc\u3058\u3066\u3001\u985e\u4f3c\u696d\u7a2e\u6bd4\u6e96\u65b9\u5f0f\u3084\u7d14\u8cc7\u7523\u4fa1\u984d\u65b9\u5f0f\u3001\u3042\u308b\u3044\u306f\u305d\u306e\u4f75\u7528\u3067\u8a08\u7b97\u3057\u307e\u3059\u3002<\/p>\n\n\n\n

              \u5c11\u6570\u682a\u4e3b\u306f\u914d\u5f53\u9084\u5143\u65b9\u5f0f<\/h4>\n\n\n\n

              \u540c\u65cf\u682a\u4e3b\u4ee5\u5916\u304c\u53d6\u5f97\u3059\u308b\u5834\u5408\u306f\u3001\u7279\u4f8b\u7684\u306a\u914d\u5f53\u9084\u5143\u65b9\u5f0f\u304c\u4f7f\u3048\u307e\u3059\u3002\u53d7\u3051\u53d6\u308b\u914d\u5f53\u3092\u57fa\u306b\u3057\u305f\u8a55\u4fa1\u3067\u3001\u539f\u5247\u7684\u8a55\u4fa1\u3088\u308a\u4f4e\u304f\u51fa\u308b\u3053\u3068\u304c\u591a\u3044\u3067\u3059\u3002\u8a73\u3057\u304f\u306f\u914d\u5f53\u9084\u5143\u65b9\u5f0f\u306e\u8a08\u7b97\u4f8b<\/mark><\/a>\u3092\u78ba\u8a8d\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n

              \u4f1a\u793e\u898f\u6a21\u3067\u539f\u5247\u7684\u8a55\u4fa1\u65b9\u5f0f\u306e\u4e2d\u8eab\u304c\u5909\u308f\u308b<\/h3>\n\n\n\n

              \u539f\u5247\u7684\u8a55\u4fa1\u65b9\u5f0f\u3067\u306f\u3001\u4f1a\u793e\u3092\u5927\u30fb\u4e2d\u30fb\u5c0f\u306b\u533a\u5206\u3057\u3001\u9069\u7528\u3059\u308b\u65b9\u5f0f\u3092\u7d5e\u308a\u8fbc\u307f\u307e\u3059\u3002\u4e0b\u8868\u306e\u3068\u304a\u308a\u3001\u898f\u6a21\u3067\u91cd\u5fc3\u304c\u52d5\u304d\u307e\u3059\uff08No.4638 \u53d6\u5f15\u76f8\u5834\u306e\u306a\u3044\u682a\u5f0f\u306e\u8a55\u4fa1<\/mark><\/a>\uff09\u3002<\/p>\n\n\n\n

              \u4f1a\u793e\u898f\u6a21<\/th>\u539f\u5247\u3068\u306a\u308b\u8a55\u4fa1\u65b9\u5f0f<\/th><\/tr><\/thead>
              \u5927\u4f1a\u793e<\/strong><\/td>\u985e\u4f3c\u696d\u7a2e\u6bd4\u6e96\u65b9\u5f0f<\/td><\/tr>
              \u4e2d\u4f1a\u793e<\/strong><\/td>\u985e\u4f3c\u696d\u7a2e\u6bd4\u6e96\u65b9\u5f0f\u3068\u7d14\u8cc7\u7523\u4fa1\u984d\u65b9\u5f0f\u306e\u4f75\u7528<\/td><\/tr>
              \u5c0f\u4f1a\u793e<\/strong><\/td>\u7d14\u8cc7\u7523\u4fa1\u984d\u65b9\u5f0f<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

              \u985e\u4f3c\u696d\u7a2e\u6bd4\u6e96\u65b9\u5f0f<\/h4>\n\n\n\n

              \u4e8b\u696d\u304c\u4f3c\u305f\u4e0a\u5834\u4f1a\u793e\u306e\u682a\u4fa1\u306b\u3001\u914d\u5f53\u30fb\u5229\u76ca\u30fb\u7d14\u8cc7\u7523\u306e3\u8981\u7d20\u3067\u6bd4\u6e96\u3055\u305b\u308b\u65b9\u5f0f\u3067\u3059\u3002\u898f\u6a21\u306e\u5927\u304d\u3044\u4f1a\u793e\u3067\u591a\u304f\u4f7f\u308f\u308c\u307e\u3059\u3002<\/p>\n\n\n\n

              \u7d14\u8cc7\u7523\u4fa1\u984d\u65b9\u5f0f<\/h4>\n\n\n\n

              \u4f1a\u793e\u3092\u4eca\u305f\u305f\u3093\u3060\u3089\u682a\u4e3b\u306b\u3044\u304f\u3089\u6b8b\u308b\u304b\u3001\u3068\u3044\u3046\u6e05\u7b97\u4fa1\u5024\u306e\u767a\u60f3\u3067\u8a55\u4fa1\u3057\u307e\u3059\u3002\u8cc7\u7523\u3092\u76f8\u7d9a\u7a0e\u8a55\u4fa1\u306b\u6d17\u3044\u66ff\u3048\u3001\u8a55\u4fa1\u5dee\u984d\u306b\u304b\u304b\u308b\u6cd5\u4eba\u7a0e\u76f8\u5f53\u984d\u3092\u63a7\u9664\u3057\u3066\u7b97\u5b9a\u3059\u308b\u6d41\u308c\u3067\u3059\u3002<\/p>\n\n\n\n

              \u975e\u4e0a\u5834\u682a\u5f0f\u3092\u8b72\u6e21\u3059\u308b\u3068\u304d\u306e\u6642\u4fa1\u3068\u8b72\u6e21\u4fa1\u984d\u306e\u5408\u7406\u6027<\/h2>\n\n\n\n

              \u8a55\u4fa1\u984d\u304c\u51fa\u305f\u3089\u3001\u6b21\u306f\u5b9f\u969b\u306e\u8b72\u6e21\u4fa1\u984d\u3067\u3059\u3002\u3053\u3053\u3067\u60a9\u307e\u3057\u3044\u306e\u304c\u3001\u7a0e\u52d9\u4e0a\u306e\u6642\u4fa1\u304b\u3089\u96e2\u308c\u305f\u4fa1\u683c\u3092\u3064\u3051\u308b\u3068\u3001\u601d\u308f\u306c\u8ab2\u7a0e\u304c\u8d70\u308b\u70b9\u306b\u306a\u308a\u307e\u3059\u3002\u8ab0\u304b\u3089\u8ab0\u3078\u58f2\u308b\u304b\u3067\u6642\u4fa1\u306e\u7269\u5dee\u3057\u304c\u5909\u308f\u308b\u305f\u3081\u3001\u7d44\u307f\u5408\u308f\u305b\u306e\u78ba\u8a8d\u304c\u5148\u6c7a\u3067\u3059\u3002<\/p>\n\n\n\n

              \"\u975e\u4e0a\u5834\u682a\u5f0f\u3092\u8b72\u6e21\u3059\u308b\u969b\u306e\u6642\u4fa1\"<\/figure>\n\n\n\n

              \u682a\u5f0f\u306e\u8b72\u6e21\u4fa1\u683c\u306e\u6c7a\u3081\u65b9<\/mark><\/a>\u3082\u6574\u7406\u3057\u3066\u304a\u304d\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n

              \u500b\u4eba\u9593\u30fb\u500b\u4eba\u6cd5\u4eba\u9593\u30fb\u6cd5\u4eba\u9593\u3067\u6642\u4fa1\u304c\u5909\u308f\u308b<\/h3>\n\n\n\n

              \u540c\u3058\u682a\u5f0f\u3067\u3082\u3001\u5f53\u4e8b\u8005\u306e\u7d44\u307f\u5408\u308f\u305b\u3067\u57fa\u6e96\u3068\u306a\u308b\u6642\u4fa1\u306e\u8003\u3048\u65b9\u304c\u7570\u306a\u308a\u307e\u3059\u3002\u4e0b\u8868\u3067\u8b72\u6e21\u3059\u308b\u5074\u306e\u682a\u5f0f\u6642\u4fa1\u306e\u8003\u3048\u65b9\u3092\u6574\u7406\u3057\u3066\u3044\u307e\u3059\u306e\u3067\u3001\u5168\u4f53\u50cf\u3092\u3064\u304b\u3093\u3067\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n

              \u53d6\u5f15\u306e\u7d44\u307f\u5408\u308f\u305b<\/th>\u6642\u4fa1\u306e\u8003\u3048\u65b9<\/th>\u4e3b\u306a\u8ad6\u70b9<\/th><\/tr><\/thead>
              \u500b\u4eba\u304b\u3089\u500b\u4eba<\/strong><\/td>\u8ca1\u7523\u8a55\u4fa1\u57fa\u672c\u901a\u9054\u306b\u6e96\u3058\u305f\u8a55\u4fa1\u984d<\/td>\u76f8\u7d9a\u7a0e\u8a55\u4fa1\u306e\u767a\u60f3<\/td><\/tr>
              \u500b\u4eba\u304b\u3089\u6cd5\u4eba<\/strong><\/td>\u6240\u5f97\u7a0e\u57fa\u672c\u901a\u905459-6\u306b\u3088\u308b\u6642\u4fa1<\/td>\u307f\u306a\u3057\u8b72\u6e21\u8ab2\u7a0e<\/td><\/tr>
              \u6cd5\u4eba\u304b\u3089\u6cd5\u4eba<\/strong><\/td>\u6cd5\u4eba\u7a0e\u57fa\u672c\u901a\u90549-1-13\u30fb9-1-14\u306b\u3088\u308b\u6642\u4fa1<\/td>\u53d7\u8d08\u76ca\u30fb\u5bc4\u9644\u91d1<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

              \u89aa\u65cf\u3078\u6e21\u3059\u5834\u5408\u306f\u89aa\u65cf\u3078\u8b72\u6e21\u3059\u308b\u6d41\u308c<\/mark><\/a>\u306b\u307e\u3068\u3081\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n

              \u6642\u4fa1\u3068\u304b\u3051\u96e2\u308c\u305f\u4fa1\u984d\u306f\u8ab2\u7a0e\u30ea\u30b9\u30af\u3092\u751f\u3080<\/h3>\n\n\n\n

              \u5b89\u304f\u8b72\u308a\u305f\u3044\u6c17\u6301\u3061\u306f\u5206\u304b\u308a\u307e\u3059\u304c\u3001\u4f4e\u3059\u304e\u308b\u4fa1\u984d\u306f\u7a0e\u52d9\u4e0a\u898b\u904e\u3054\u3055\u308c\u307e\u305b\u3093\u3002\u610f\u56f3\u304c\u3069\u3046\u3042\u308c\u3001\u5f62\u5f0f\u3067\u5224\u65ad\u3055\u308c\u308b\u70b9\u306b\u6ce8\u610f\u304c\u8981\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

              \u500b\u4eba\u304c\u6cd5\u4eba\u3078\u4f4e\u984d\u8b72\u6e21\u3059\u308b\u3068\u307f\u306a\u3057\u8b72\u6e21\u8ab2\u7a0e<\/h4>\n\n\n\n

              \u500b\u4eba\u304c\u6cd5\u4eba\u3078\u6642\u4fa1\u306e2\u5206\u306e1\u672a\u6e80\u3067\u8b72\u6e21\u3059\u308b\u3068\u3001\u6642\u4fa1\u3067\u58f2\u3063\u305f\u3068\u307f\u306a\u3057\u3066\u6240\u5f97\u7a0e\u304c\u8ab2\u3055\u308c\u307e\u3059\u3002\u56fd\u7a0e\u5e81\u306e\u6240\u5f97\u7a0e\u6cd5\u7b2c59\u6761\u95a2\u4fc2\u306e\u901a\u9054<\/mark><\/a>\u304c\u6839\u62e0\u3067\u3059\u3002\u8cb7\u3044\u624b\u306e\u6cd5\u4eba\u5074\u3067\u3082\u53d7\u8d08\u76ca\u3084\u5bc4\u9644\u91d1\u306e\u8ad6\u70b9\u304c\u51fa\u307e\u3059\u3002\u540c\u65cf\u5185\u306e\u53d6\u5f15\u306f\u7279\u306b\u614e\u91cd\u3055\u304c\u6c42\u3081\u3089\u308c\u3001\u540c\u65cf\u9593\u3067\u306e\u682a\u5f0f\u8b72\u6e21\u306e\u7a0e\u91d1<\/mark><\/a>\u3082\u3042\u308f\u305b\u3066\u3054\u89a7\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n

              \u7b2c\u4e09\u8005\u3078\u306e\u4f1a\u793e\u58f2\u5374\u306a\u3089\u5408\u610f\u4fa1\u683c\u304c\u6642\u4fa1\u306b\u306a\u308a\u3084\u3059\u3044<\/h3>\n\n\n\n

              \u7d14\u7136\u305f\u308b\u7b2c\u4e09\u8005\u9593\u3067\u3001\u4e92\u3044\u306b\u5229\u76ca\u3092\u8ffd\u3063\u3066\u6210\u7acb\u3057\u305f\u4fa1\u683c\u306f\u3001\u5408\u7406\u7684\u306a\u6642\u4fa1\u3068\u8a8d\u3081\u3089\u308c\u3084\u3059\u304f\u306a\u308a\u307e\u3059\u3002M&A\u3067\u30b7\u30ca\u30b8\u30fc\u3084\u975e\u91d1\u92ad\u6761\u4ef6\u304c\u4fa1\u683c\u306b\u4e57\u308b\u306e\u306f\u3053\u306e\u305f\u3081\u3067\u3059\u3002\u96c7\u7528\u7dad\u6301\u3084\u5f15\u9000\u5f8c\u306e\u51e6\u9047\u3068\u3044\u3063\u305f\u6761\u4ef6\u304c\u6570\u5b57\u3092\u62bc\u3057\u4e0a\u3052\u308b\u3053\u3068\u3082\u3001\u73fe\u5834\u3067\u306f\u73cd\u3057\u304f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n

              \u975e\u4e0a\u5834\u682a\u5f0f\u306e\u8b72\u6e21\u76ca\u3068\u78ba\u5b9a\u7533\u544a<\/h2>\n\n\n\n

              \u4f1a\u793e\u58f2\u5374\u3067\u8b72\u6e21\u76ca\u304c\u51fa\u308c\u3070\u3001\u78ba\u5b9a\u7533\u544a\u304c\u5fc5\u8981\u306b\u306a\u308a\u307e\u3059\u3002\u691c\u7d22\u3067\u3082\u300c\u66f8\u304d\u65b9\u304c\u5206\u304b\u3089\u306a\u3044\u300d\u300c\u7533\u544a\u304c\u8981\u308b\u306e\u304b\u300d\u3068\u3044\u3046\u58f0\u304c\u76ee\u7acb\u3064\u3068\u3053\u308d\u3067\u3059\u3002\u57fa\u672c\u306e\u7a0e\u7387\u3068\u7533\u544a\u306e\u8981\u5426\u3092\u62bc\u3055\u3048\u3066\u304a\u304d\u307e\u3057\u3087\u3046\u3002\u682a\u5f0f\u8b72\u6e21\u306b\u304b\u304b\u308b\u7a0e\u91d1<\/mark><\/a>\u306e\u5168\u4f53\u50cf\u304c\u51fa\u767a\u70b9\u3067\u3059\u3002<\/p>\n\n\n\n

              \u8b72\u6e21\u76ca\u306f\u7533\u544a\u5206\u96e2\u8ab2\u7a0e\u306720.315\uff05<\/h3>\n\n\n\n

              \u975e\u4e0a\u5834\u682a\u5f0f\u306f\u4e00\u822c\u682a\u5f0f\u7b49\u306b\u533a\u5206\u3055\u308c\u3001\u4ed6\u306e\u6240\u5f97\u3068\u5206\u3051\u3066\u8ab2\u7a0e\u3055\u308c\u307e\u3059\u3002\u7a0e\u7387\u306f\u6240\u5f97\u7a0e15\uff05\u3001\u5fa9\u8208\u7279\u5225\u6240\u5f97\u7a0e0.315\uff05\u3001\u4f4f\u6c11\u7a0e5\uff05\u306e\u5408\u8a0820.315\uff05\u3067\u3059\uff08No.1463 \u682a\u5f0f\u7b49\u3092\u8b72\u6e21\u3057\u305f\u3068\u304d\u306e\u8ab2\u7a0e<\/mark><\/a>\uff09\u3002\u4e0a\u5834\u682a\u5f0f\u306e\u640d\u76ca\u3068\u306f\u901a\u7b97\u3067\u304d\u306a\u3044\u70b9\u306b\u3082\u6c17\u3092\u3064\u3051\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n

              \u7533\u544a\u304c\u5fc5\u8981\u306a\u5834\u5408\u3068\u4e0d\u8981\u306a\u5834\u5408<\/h3>\n\n\n\n

              \u8b72\u6e21\u76ca\u304c\u51fa\u308c\u3070\u3001\u539f\u5247\u3068\u3057\u3066\u7533\u544a\u5206\u96e2\u8ab2\u7a0e\u3067\u7533\u544a\u3057\u307e\u3059\u3002\u7533\u544a\u66f8\u306e\u66f8\u304d\u65b9\u306f\u78ba\u5b9a\u7533\u544a\u66f8\u306e\u8a18\u8f09\u624b\u9806<\/mark><\/a>\u306b\u6cbf\u3046\u3068\u8ff7\u3044\u307e\u305b\u3093\u3002\u640d\u76ca\u3084\u53e3\u5ea7\u306e\u72b6\u6cc1\u306b\u3088\u3063\u3066\u306f\u7533\u544a\u304c\u8981\u3089\u306a\u3044\u30b1\u30fc\u30b9\u3082\u3042\u308a\u3001\u7533\u544a\u304c\u4e0d\u8981\u306b\u306a\u308b\u6761\u4ef6<\/mark><\/a>\u3067\u7dda\u5f15\u304d\u3092\u78ba\u8a8d\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n

              \u767a\u884c\u4f1a\u793e\u3078\u306e\u81ea\u793e\u682a\u8cb7\u3044\u306f\u307f\u306a\u3057\u914d\u5f53\u3067\u6271\u3044\u304c\u5909\u308f\u308b<\/h4>\n\n\n\n

              \u682a\u5f0f\u3092\u767a\u884c\u4f1a\u793e\u3078\u58f2\u308b\u81ea\u793e\u682a\u8cb7\u3044\u3067\u306f\u3001\u5229\u76ca\u306e\u84c4\u7a4d\u90e8\u5206\u304c\u307f\u306a\u3057\u914d\u5f53\u3068\u306a\u308a\u3001\u7dcf\u5408\u8ab2\u7a0e\u3067\u6271\u308f\u308c\u307e\u3059\u3002\u8b72\u6e21\u76ca\u8ab2\u7a0e\u3088\u308a\u624b\u53d6\u308a\u304c\u6e1b\u308b\u5834\u5408\u304c\u3042\u308b\u305f\u3081\u3001\u51fa\u53e3\u306e\u8a2d\u8a08\u6bb5\u968e\u3067\u306e\u78ba\u8a8d\u304c\u8981\u308a\u307e\u3059\u3002\u4ed5\u7d44\u307f\u306f\u81ea\u793e\u682a\u8cb7\u3044\u306e\u624b\u7d9a\u3068\u7a0e\u91d1<\/mark><\/a>\u3084\u307f\u306a\u3057\u914d\u5f53\u8ab2\u7a0e\u306e\u4ed5\u7d44\u307f<\/mark><\/a>\u3067\u6574\u7406\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n

              \u4f1a\u793e\u58f2\u5374\u3067\u8a55\u4fa1\u984d\u3092\u5f15\u304d\u4e0a\u3052\u308b\u5b9f\u52d9\u306e\u7740\u773c\u70b9<\/h2>\n\n\n\n

              \u8a55\u4fa1\u306e\u624b\u6cd5\u3092\u77e5\u308b\u3060\u3051\u3067\u306f\u3001\u4fa1\u683c\u306f\u4e0a\u304c\u308a\u307e\u305b\u3093\u3002\u73fe\u5834\u3067\u4fa1\u5024\u3092\u5de6\u53f3\u3059\u308b\u306e\u306f\u3001\u6570\u5b57\u306e\u88cf\u306b\u3042\u308b\u4f1a\u793e\u306e\u4e2d\u8eab\u3067\u3059\u3002\u652f\u63f4\u73fe\u5834\u3067\u3088\u304f\u78ba\u8a8d\u3059\u308b\u9805\u76ee\u3092\u3001\u4e0b\u8868\u306e\u30c1\u30a7\u30c3\u30af\u30ea\u30b9\u30c8\u306b\u307e\u3068\u3081\u307e\u3057\u305f\u3002<\/p>\n\n\n\n

              \u78ba\u8a8d\u3059\u308b\u9805\u76ee<\/th>\u73fe\u5834\u3067\u306e\u7740\u773c\u70b9<\/th><\/tr><\/thead>
              \u5f79\u54e1\u5831\u916c\u30fb\u5730\u4ee3\u306e\u6c34\u6e96<\/strong><\/td>\u30aa\u30fc\u30ca\u30fc\u4e00\u65cf\u3078\u306e\u904e\u5927\u306a\u652f\u6255\u3044\u306f\u3001\u5229\u76ca\u3092\u62bc\u3057\u4e0b\u3052\u8a55\u4fa1\u984d\u3092\u4e0b\u3052\u308b<\/td><\/tr>
              \u542b\u307f\u640d\u76ca\u306e\u3042\u308b\u8cc7\u7523<\/strong><\/td>\u904a\u4f11\u4e0d\u52d5\u7523\u3084\u4fdd\u967a\u7a4d\u7acb\u91d1\u306f\u3001\u6642\u4fa1\u8a55\u4fa1\u3067\u4fa1\u5024\u304c\u5927\u304d\u304f\u52d5\u304f<\/td><\/tr>
              \u540d\u7fa9\u682a\u30fb\u5c11\u6570\u682a\u4e3b<\/strong><\/td>\u6563\u3089\u3070\u3063\u305f\u682a\u5f0f\u306f\u3001\u8b72\u6e21\u6642\u306e\u4ea4\u6e09\u3092\u8907\u96d1\u306b\u3059\u308b<\/td><\/tr>
              \u7c3f\u5916\u50b5\u52d9\u30fb\u500b\u4eba\u4fdd\u8a3c<\/strong><\/td>\u672a\u6255\u6b8b\u696d\u3084\u9000\u8077\u91d1\u306f\u3001\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u3067\u5fc5\u305a\u8868\u306b\u51fa\u308b<\/td><\/tr>
              \u5c5e\u4eba\u7684\u306a\u53d6\u5f15\u5148<\/strong><\/td>\u30aa\u30fc\u30ca\u30fc\u500b\u4eba\u306e\u4eba\u8108\u983c\u307f\u306f\u3001\u5c06\u6765\u53ce\u76ca\u306e\u5272\u5f15\u6750\u6599\u306b\u306a\u308b<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

              \u5730\u65b9\u306e\u5efa\u8a2d\u4f1a\u793e\uff08\u5e74\u55468\u5104\u5186\u30fb\u7c3f\u4fa1\u7d14\u8cc7\u75232\u5104\u5186\u30fb\u55b6\u696d\u5229\u76ca5,000\u4e07\u5186\uff09\u3067\u8003\u3048\u3066\u307f\u307e\u3059\u3002\u7d14\u8cc7\u7523\u4fa1\u984d\u65b9\u5f0f\u306b\u3088\u308b\u76f8\u7d9a\u7a0e\u8a55\u4fa1\u3067\u306f3\u5104\u5186\u307b\u3069\u3067\u3082\u3001M&A\u3067\u306f\u5e74\u8cb7\u6cd5\u3092\u305f\u305f\u304d\u53f0\u306b\u3001\u8b72\u53d7\u4f01\u696d\u306e\u8ca9\u58f2\u7db2\u3068\u306e\u30b7\u30ca\u30b8\u30fc\u3092\u7e54\u308a\u8fbc\u3093\u30674\u5104\u5186\u53f0\u3067\u7740\u5730\u3059\u308b\u3001\u3068\u3044\u3063\u305f\u958b\u304d\u304c\u751f\u307e\u308c\u307e\u3059\u3002\u540c\u3058\u4f1a\u793e\u3067\u3082\u3001\u8a55\u4fa1\u306e\u5165\u53e3\u304c\u9055\u3048\u3070\u7d50\u8ad6\u306f\u3053\u3053\u307e\u3067\u52d5\u304d\u307e\u3059\u3002\u4f1a\u793e\u58f2\u5374\u306e\u76f8\u5834\u89b3<\/mark><\/a>\u3082\u53c2\u8003\u306b\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n

              \u975e\u4e0a\u5834\u682a\u5f0f\u306e\u8a55\u4fa1\u306b\u95a2\u3059\u308bFAQ<\/h2>\n\n\n\n

              \u4f1a\u793e\u58f2\u5374\u3092\u691c\u8a0e\u3059\u308b\u58f2\u308a\u624b\u304b\u3089\u3001\u73fe\u5834\u3067\u3088\u304f\u5bc4\u305b\u3089\u308c\u308b\u8cea\u554f\u3092\u307e\u3068\u3081\u307e\u3057\u305f\u3002<\/p>\n\n\n\n

              Q\uff1a\u76f8\u7d9a\u7a0e\u8a55\u4fa1\u984d\u3067\u4f1a\u793e\u3092\u58f2\u3063\u3066\u3082\u3088\u3044\u3067\u3059\u304b<\/strong><\/strong>\uff1f<\/span><\/strong><\/strong>

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              \n
              \n
              \"\"<\/a><\/figure>\n<\/div>\n\n\n\n
              \n
              \"\"<\/a><\/figure>\n<\/div>\n<\/div>\n\n\n\n

              \u975e\u4e0a\u5834\u682a\u5f0f\u306e\u8a55\u4fa1\u65b9\u6cd5\u3068\u4f1a\u793e\u58f2\u5374\u306e\u307e\u3068\u3081<\/h2>\n\n\n\n

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              \u307f\u3064\u304d\u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u306f\u3001\u7a0e\u7406\u58eb\u6cd5\u4eba\u30b0\u30eb\u30fc\u30d7\u306eM&A\u4ef2\u4ecb\u4f1a\u793e\u3067\u3059\u3002\u4e2d\u5c0f\u4f01\u696d\u306e\u4f1a\u793e\u58f2\u5374\u3084\u4e8b\u696d\u627f\u7d99\u306b\u7279\u5316\u3057\u3001\u8a55\u4fa1\u304b\u3089\u6210\u7d04\u307e\u3067\u306e\u5b9f\u7e3e\u7d4c\u9a13\u3092\u7a4d\u307f\u91cd\u306d\u3066\u304d\u307e\u3057\u305f\u3002\u81ea\u793e\u306e\u4fa1\u5024\u3084\u9032\u3081\u65b9\u306b\u8ff7\u308f\u308c\u305f\u3089\u3001\u6c7a\u7b97\u66f8\u3092\u3054\u7528\u610f\u306e\u3046\u3048\u304a\u6c17\u8efd\u306b\u3054\u76f8\u8ac7\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n

              \u5b8c\u5168\u6210\u529f\u5831\u916c\u306eM&A\u4ef2\u4ecb\u4f1a\u793e\u306a\u3089\u3001\u307f\u3064\u304d\u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u3078 \uff1e<\/mark><\/a><\/p>\n\n\n

              \n
              \n
              \u3054\u8b72\u6e21\u3092\u691c\u8a0e\u3055\u308c\u308b\u65b9<\/div>\n \u4eca\u3059\u3050\u7121\u6599\u76f8\u8ac7\u3059\u308b<\/a>\n <\/div>\n
              \n
              \n
              M&A\u306e\u91cd\u8981\u30dd\u30a4\u30f3\u30c8\u8cc7\u6599<\/div>\n \u7121\u6599\u3067\u30c0\u30a6\u30f3\u30ed\u30fc\u30c9\u3059\u308b<\/a>\n <\/div>\n <\/div>\n<\/div>","protected":false},"author":4,"featured_media":1992,"template":"","meta":{"cybocfi_hide_featured_image":"yes"},"class_list":["post-1989","column","type-column","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/mitsukijapan.com\/ma\/wp-json\/wp\/v2\/column\/1989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mitsukijapan.com\/ma\/wp-json\/wp\/v2\/column"}],"about":[{"href":"https:\/\/mitsukijapan.com\/ma\/wp-json\/wp\/v2\/types\/column"}],"author":[{"embeddable":true,"href":"https:\/\/mitsukijapan.com\/ma\/wp-json\/wp\/v2\/users\/4"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mitsukijapan.com\/ma\/wp-json\/wp\/v2\/media\/1992"}],"wp:attachment":[{"href":"https:\/\/mitsukijapan.com\/ma\/wp-json\/wp\/v2\/media?parent=1989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}