{"id":3032,"date":"2025-11-10T18:05:57","date_gmt":"2025-11-10T09:05:57","guid":{"rendered":"https:\/\/mitsukijapan.com\/ma\/?post_type=column&#038;p=3032"},"modified":"2026-02-01T12:10:24","modified_gmt":"2026-02-01T03:10:24","slug":"whatistheannualpurchase","status":"publish","type":"column","link":"https:\/\/mitsukijapan.com\/ma\/column\/whatistheannualpurchase\/","title":{"rendered":"\u5e74\u8cb7\u6cd5\u3068\u306f\uff1f\u5e74\u500d\u6cd5\u306e\u8a08\u7b97\u65b9\u6cd5\u30fb\u7d14\u8cc7\u7523\uff0bM&amp;A\u306e\u308c\u3093\u306e\u9069\u6b63\u5e74\u6570"},"content":{"rendered":"\n<p>\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u3068\u306f\u3001\u8b72\u6e21\u5bfe\u8c61\u4f01\u696d\uff08\u4e8b\u696d\uff09\u306e\u6642\u4fa1\u7d14\u8cc7\u7523\u306b\u3001\u5229\u76ca\u7b49\u306e\u8907\u6570\u5e74\u5206\uff083\u301c5\u5e74\u5206\u306a\u3069\uff09\u3092\u52a0\u3048\u3066\u3001\u682a\u5f0f\u4fa1\u5024\uff08\u4e8b\u696d\u4fa1\u5024\uff09\u3092\u8a08\u7b97\u3059\u308b\u8a55\u4fa1\u65b9\u6cd5\u3067\u3059\u3002 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href=\"https:\/\/mitsukijapan.com\/ma\/lp\/01\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"450\" height=\"250\" src=\"https:\/\/mitsukijapan.com\/ma\/wp-content\/uploads\/Frame-19-2.jpg\" alt=\"\" class=\"wp-image-4082\"\/><\/a><\/figure>\n<\/div>\n<\/div>\n\n\n<div class=\"ark-block-toc\">\n\t\t<div class=\"ark-block-toc__title\">\u76ee\u6b21<\/div>\n\t\t<ol class=\"ark-block-toc__list\" data-level=\"2\"><li><a href=\"#arkb-toc-0\" class=\"ark-block-toc__link\">\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u3068\u306f<\/a><ol class=\"ark-block-toc__list\" data-level=\"3\"><li><a href=\"#arkb-toc-1\" class=\"ark-block-toc__link\">\u4f1a\u8a08\u77e5\u8b58\u304c\u5c11\u3057\u3042\u308c\u3070\u7d14\u8cc7\u7523\u304b\u3089\u8a08\u7b97\u3067\u304d\u308b<\/a><\/li><\/ol><\/li><li><a href=\"#arkb-toc-2\" class=\"ark-block-toc__link\">\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u306b\u3088\u308b\u8a08\u7b97\u65b9\u6cd5<\/a><ol class=\"ark-block-toc__list\" data-level=\"3\"><li><a href=\"#arkb-toc-3\" class=\"ark-block-toc__link\">\u4e2d\u5c0f\u4f01\u696d\u5e81\u306b\u3088\u308b\u5e74\u8cb7\u6cd5\u306e\u8a08\u7b97\u5f0f<\/a><\/li><li><a href=\"#arkb-toc-4\" class=\"ark-block-toc__link\">\u5e74\u500d\u6cd5\u306e\u5177\u4f53\u7684\u306a\u8a08\u7b97\u4f8b<\/a><\/li><li><a href=\"#arkb-toc-5\" class=\"ark-block-toc__link\">M&amp;A\u3067\u306e\u300c\u306e\u308c\u3093\u300d\u3068\u306f<\/a><\/li><\/ol><\/li><li><a href=\"#arkb-toc-6\" class=\"ark-block-toc__link\">\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u3068\u4ed6\u306e\u8a55\u4fa1\u65b9\u5f0f\u3068\u306e\u95a2\u4fc2<\/a><ol class=\"ark-block-toc__list\" data-level=\"3\"><li><a href=\"#arkb-toc-7\" class=\"ark-block-toc__link\">\u30b3\u30b9\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1<\/a><\/li><li><a href=\"#arkb-toc-8\" class=\"ark-block-toc__link\">\u30a4\u30f3\u30ab\u30e0\u30a2\u30d7\u30ed\u30fc\u30c1<\/a><\/li><li><a href=\"#arkb-toc-9\" class=\"ark-block-toc__link\">\u30de\u30fc\u30b1\u30c3\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1<\/a><\/li><li><a href=\"#arkb-toc-10\" class=\"ark-block-toc__link\">\u5e74\u500d\u6cd5\u306f\u30b3\u30b9\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u3068\u30a4\u30f3\u30ab\u30e0\u30a2\u30d7\u30ed\u30fc\u30c1\u306e\u6df7\u5408<\/a><\/li><\/ol><\/li><li><a href=\"#arkb-toc-11\" class=\"ark-block-toc__link\">\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u306e\u9069\u6b63\u5e74\u6570\u306e\u8003\u3048\u65b9<\/a><ol class=\"ark-block-toc__list\" data-level=\"3\"><li><a href=\"#arkb-toc-12\" class=\"ark-block-toc__link\">\u76f8\u5834\u306f3\u5e74\uff083\u500d\uff09\u524d\u5f8c\u304c\u591a\u3044<\/a><\/li><li><a href=\"#arkb-toc-13\" class=\"ark-block-toc__link\">\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u306e\u6ce8\u610f\u70b9<\/a><\/li><li><a href=\"#arkb-toc-14\" class=\"ark-block-toc__link\">\u4f01\u696d\u4fa1\u5024\u3092\u9ad8\u3081\u308b\u8981\u7d20<\/a><\/li><\/ol><\/li><li><a href=\"#arkb-toc-15\" class=\"ark-block-toc__link\">\u3088\u304f\u3042\u308b\u8cea\u554f\uff5c\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u306b\u3088\u308b\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1<\/a><\/li><li><a href=\"#arkb-toc-16\" class=\"ark-block-toc__link\">\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u306e\u307e\u3068\u3081<\/a><\/li><\/ol><\/li><\/ol>\n\t<\/div>\n\n\n<p>\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&amp;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<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-d35281866eb7869a178cb5f67e0a4496\"><a href=\"https:\/\/mitsukijapan.com\/ma\/contact\/\" data-type=\"link\" data-id=\"https:\/\/mitsukijapan.com\/ma\/contact\/\">\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<h2 id=\"arkb-toc-0\" class=\"wp-block-heading\"><strong>\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u3068\u306f<\/strong><\/h2>\n\n\n\n<p>\u5e74\u500d\u6cd5\u3068\u306f\u300c\u7d14\u8cc7\u7523\uff0b\u5e74\u9593\u5229\u76ca\u00d7\u3007\u5e74\u5206\u300d\u3068\u3044\u3046\u8a08\u7b97\u5f0f\u3067\u4f1a\u793e\u306e\u4fa1\u5024\u3092\u8a55\u4fa1\u3059\u308b\u65b9\u6cd5\u3067\u3059\u3002\u8aad\u307f\u65b9\u306f\u300c\u306d\u3093\u3070\u3044\u307b\u3046\u300d\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"has-xlarge-font-size\">\u682a\u5f0f\u4fa1\u5024 \uff1d \u6642\u4fa1\u7d14\u8cc7\u7523 \uff0b \u57fa\u6e96\u5229\u76ca\u00d7\u5e74\u6570\u500d\u7387\uff083\u5e74\uff5e5\u5e74\u306a\u3069\uff09<\/p>\n\n\n\n<p>\u4f8b\u3048\u3070\u300c\u7d14\u8cc7\u7523\uff0b\u5e74\u9593\u5229\u76ca\u00d73\u5e74\u5206\u300d\u306a\u3089\u3001\u7d14\u8cc7\u7523\u304c1\u5104\u5186\u3067\u5e74\u9593\u5229\u76ca\u304c2,000\u4e07\u5186\u306e\u4f1a\u793e\u306f\u300c1\u5104\u5186\uff0b2,000\u4e07\u5186\u00d73\uff1d1\u51046,000\u4e07\u5186\u300d\u3068\u8a08\u7b97\u3057\u307e\u3059\u3002\u8a08\u7b97\u304c\u7c21\u5358\u3067\u308f\u304b\u308a\u3084\u3059\u3044\u305f\u3081\u3001\u6700\u521d\u306e\u76ee\u5b89\u3068\u3057\u3066\u3088\u304f\u4f7f\u308f\u308c\u307e\u3059\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/mitsukijapan.com\/ma\/wp-content\/uploads\/350_\u753b\u50cf1-1.jpg\" alt=\"\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u3068\u306f\" class=\"wp-image-3042\" style=\"width:852px;height:auto\"\/><figcaption class=\"wp-element-caption\">\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u3068\u306f<\/figcaption><\/figure>\n\n\n\n<p>\u5f8c\u8ff0\u3059\u308b\u300c\u30b3\u30b9\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u300d\u3068\u3044\u3046\u8a55\u4fa1\u65b9\u6cd5\u306e\u4e00\u7a2e\u306b\u306a\u308a\u307e\u3059\u3002\u305f\u3060\u3057\u3001\u3053\u306e\u65b9\u6cd5\u3060\u3051\u3067\u306f\u4f1a\u793e\u306e\u5c06\u6765\u6027\u3084\u30ea\u30b9\u30af\u306a\u3069\u3092\u5341\u5206\u306b\u53cd\u6620\u3067\u304d\u306a\u3044\u305f\u3081\u3001\u4ed6\u306e\u65b9\u6cd5\u3068\u4f75\u305b\u3066\u4f7f\u3046\u3053\u3068\u304c\u5927\u5207\u3067\u3059\u3002<\/p>\n\n\n\n<h3 id=\"arkb-toc-1\" class=\"wp-block-heading\">\u4f1a\u8a08\u77e5\u8b58\u304c\u5c11\u3057\u3042\u308c\u3070\u7d14\u8cc7\u7523\u304b\u3089\u8a08\u7b97\u3067\u304d\u308b<\/h3>\n\n\n\n<p>\u5e74\u500d\u6cd5\u306e\u7279\u5fb4\u306f\u3001\u6700\u4f4e\u9650\u306e\u4f1a\u8a08\u77e5\u8b58\u304c\u3042\u308c\u3070\u7c21\u5358\u306b\u7406\u89e3\u3067\u304d\u308b\u70b9\u306b\u306a\u308a\u307e\u3059\u3002\u57fa\u6e96\u5229\u76ca\u306b\u306f\u6c7a\u307e\u308a\u304c\u306a\u304f\u3001\u55b6\u696d\u5229\u76ca\u3084\u7d4c\u5e38\u5229\u76ca\u306a\u3069\u306e\u7a0e\u5f15\u524d\u306e\u6982\u5ff5\u304c\u7528\u3044\u3089\u308c\u308b\u3053\u3068\u304c\u4e00\u822c\u7684\u3067\u3059\u3002\u307e\u305f\u3001\u5e74\u6570\u500d\u7387\u3068\u306a\u308b3\u5e74\uff5e5\u5e74\u3068\u3044\u3046\u671f\u9593\u306f\u3001\u696d\u7a2e\u3084\u5e02\u5834\u3001\u5229\u76ca\u6c34\u6e96\u3084\u8ca0\u50b5\u306e\u984d\u306a\u3069\u5bfe\u8c61\u4f1a\u793e\u306b\u3088\u3063\u3066\u7570\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u30bd\u30d5\u30c8\u30a6\u30a7\u30a2\u958b\u767a\u3084AI\u306a\u3069\u306eIT\u95a2\u9023\u696d\u7a2e\u306e\u3088\u3046\u306b\u53ce\u76ca\u6027\u304c\u9ad8\u3044\u696d\u7a2e\u3084\u3001M&amp;A\u306b\u304a\u3051\u308b\u4eba\u6c17\u696d\u7a2e\u3067\u306f\u3001\u9577\u3044\u5e74\u6570\u500d\u7387\u304c\u4f7f\u308f\u308c\u3001\u9006\u306bOLD\u30d3\u30b8\u30cd\u30b9\u3084\u659c\u967d\u7523\u696d\u306a\u3069\u4eba\u6c17\u304c\u4f4e\u3044\u696d\u7a2e\u3067\u306f\u77ed\u3044\u5e74\u6570\u500d\u7387\u304c\u4f7f\u308f\u308c\u308b\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002\u300c\u6642\u4fa1\u7d14\u8cc7\u7523\u300d\u3068\u306f\u3001\u8cb8\u501f\u5bfe\u7167\u8868\u306e\u6570\u5024\u3092\u6642\u4fa1\u8a55\u4fa1\uff08\u542b\u307f\u640d\u76ca\u3084\u7c3f\u5916\u50b5\u52d9\u3092\u8003\u616e\uff09\u3057\u305f\u5f8c\u306e\u7d14\u8cc7\u7523\u3092\u8a00\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-45103561375bc7c35685a2b29f3482ea\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/valuation\/\">\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u3068\u306f\uff1f\uff5c\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\u306e\u8a08\u7b97\u65b9\u6cd5\u30fbM&amp;A\u682a\u4fa1\u306e\u610f\u5473<\/a><\/p>\n\n\n\n<h2 id=\"arkb-toc-2\" class=\"wp-block-heading\"><strong>\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u306b\u3088\u308b\u8a08\u7b97\u65b9\u6cd5<\/strong><\/h2>\n\n\n\n<p>\u305d\u308c\u3067\u306f\u3001\u5177\u4f53\u7684\u306a\u8a08\u7b97\u65b9\u6cd5\u3092\u898b\u3066\u3044\u304d\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<h3 id=\"arkb-toc-3\" class=\"wp-block-heading\"><strong>\u4e2d\u5c0f\u4f01\u696d\u5e81\u306b\u3088\u308b\u5e74\u8cb7\u6cd5<\/strong>\u306e<strong>\u8a08\u7b97\u5f0f<\/strong><\/h3>\n\n\n\n<p>\u5e74\u500d\u6cd5\u306f\u3001\u4f01\u696d\u4fa1\u5024\u3092\u7c21\u4fbf\u7684\u306b\u7b97\u51fa\u3067\u304d\u308b\u305f\u3081\u3001\u4e2d\u5c0f\u4f01\u696d\u5e81\u304b\u3089\u51fa\u3066\u3044\u308b\u300c\u7d4c\u55b6\u8005\u306e\u305f\u3081\u306e\u4e8b\u696d\u627f\u7d99\u30de\u30cb\u30e5\u30a2\u30eb\u300d\u306e\u4e2d\u3067\u3082\uff08\u5e74\u8cb7\u6cd5\u3068\u3044\u3046\u8868\u73fe\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u304c\uff09\u4f01\u696d\u4fa1\u5024\u7b97\u5b9a\u65b9\u6cd5\u306e\u4e00\u3064\u3068\u3057\u3066\u7d39\u4ecb\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u4e2d\u5c0f\u4f01\u696d\u5e81\u304c\u7d39\u4ecb\u3057\u3066\u3044\u308b\u7b97\u5b9a\u4e8b\u4f8b\u3067\u306f\u3001<\/p>\n\n\n\n<p class=\"has-large-font-size\">\u6642\u4fa1\u7d14\u8cc7\u7523 \uff0b \u306e\u308c\u3093\u4ee3 \uff1d \u4f01\u696d\u4fa1\u5024<\/p>\n\n\n\n<p>\u3068\u3055\u308c\u3066\u304a\u308a\u3001<\/p>\n\n\n\n<p class=\"has-large-font-size\">\u306e\u308c\u3093\u4ee3 \uff1d \u5e74\u9593\u5229\u76ca<sup>\u203b<\/sup> \u00d7 \u4e00\u5b9a\u306e\u5e74\u6570\u500d\u7387<\/p>\n\n\n\n<p class=\"has-xsmall-font-size\">\u203b \u5229\u76ca\u306e\u57fa\u6e96\u306f\u30b1\u30fc\u30b9\u306b\u3088\u3063\u3066\u7570\u306a\u308b<\/p>\n\n\n\n<p>\u3068\u3057\u3066\u8a08\u7b97\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">\u3042\u304f\u307e\u3067\u3082\u76ee\u5b89\u3068\u8003\u3048\u308b<\/h4>\n\n\n\n<p>M&amp;A\u306b\u304a\u3051\u308b\u4f01\u696d\u4fa1\u5024\u3068\u306f\u3001\u6700\u7d42\u7684\u306b\u8b72\u6e21\u5074\u3068\u8b72\u53d7\u5074\u306e\u4ea4\u6e09\u3067\u5408\u610f\u3055\u308c\u308b\u4fa1\u683c\u3067\u3042\u308a\u3001\u5bfe\u8c61\u4f1a\u793e\u306e\u8cc7\u7523\u30fb\u8ca0\u50b5\u306e\u72b6\u6cc1\u3001\u53ce\u76ca\u3084\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306e\u72b6\u6cc1\u3001\u5e02\u5834\u76f8\u5834\u306e\u72b6\u6cc1\u306a\u3069\u3092\u7dcf\u5408\u52d8\u6848\u3057\u3066\u7b97\u5b9a\u3055\u308c\u307e\u3059\u3002\u5e74\u500d\u6cd5\u306f\u3001\u4f01\u696d\u4fa1\u5024\u3092\u7c21\u4fbf\u7684\u306b\u7b97\u51fa\u3067\u304d\u308b\u3053\u3068\u304c\u7279\u5fb4\u3067\u3059\u304c\u3001\u5e74\u6570\u500d\u7387\u306e\u8a2d\u5b9a\u304c\u6063\u610f\u7684\u306b\u306a\u308a\u6613\u3044\u7b49\u306e\u96e3\u70b9\u304c\u304c\u3042\u308b\u305f\u3081\u3001\u305d\u306e\u7b97\u5b9a\u7d50\u679c\u306f\u76ee\u5b89\u3068\u3057\u3066\u3068\u3089\u3048\u308b\u65b9\u304c\u826f\u3044\u3067\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-c9daa694029feafe4130419d127c2c1d\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/net-asset-method\/\">\u6642\u4fa1\u7d14\u8cc7\u7523\u6cd5\u3068\u306f\uff1f\u7c3f\u4fa1\u3092\u4fee\u6b63\u3059\u308b\u8a08\u7b97\u65b9\u6cd5\u30fb\u306e\u308c\u3093\u55b6\u696d\u6a29\u3068M&amp;A<\/a><\/p>\n\n\n\n<h3 id=\"arkb-toc-4\" class=\"wp-block-heading\">\u5e74\u500d\u6cd5\u306e<strong>\u5177\u4f53\u7684\u306a\u8a08\u7b97\u4f8b<\/strong><\/h3>\n\n\n\n<p>\u5e74\u500d\u6cd5\u306b\u3088\u308b\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\u306e\u8a08\u7b97\u30d7\u30ed\u30bb\u30b9\u3092\u89e3\u8aac\u3057\u307e\u3059\u3002\u81ea\u793e\u306e\u4f01\u696d\u4fa1\u5024\u7b97\u5b9a\u6642\u3084M&amp;A\u3092\u691c\u8a0e\u3057\u3066\u3044\u308b\u7d4c\u55b6\u8005\u306e\u65b9\u306f\u53c2\u8003\u306b\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">\u4e8b\u4f8b\u524d\u63d0<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u7c3f\u4fa1\u7d14\u8cc7\u7523\uff1a5\u5104\u5186\u3001\u571f\u5730\u306e\u542b\u307f\u76ca\uff1a2\u5104\u5186<\/li>\n\n\n\n<li>\u58f2\u4e0a\u9ad8\uff1a8\u5104\u5186\u3001\u55b6\u696d\u5229\u76ca\uff1a1\u5104\u5186<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\u8a08\u7b97\u904e\u7a0b<\/h4>\n\n\n\n<p>\u5e74\u500d\u6cd5\u3067\u306f\u3001\u307e\u305a\u7c3f\u4fa1\u7d14\u8cc7\u7523\u304b\u3089\u51fa\u767a\u3057\u3066\u3001\u6642\u4fa1\u7d14\u8cc7\u7523\u984d\u3092\u5c0e\u304d\u307e\u3059\u3002\u305d\u306e\u5f8c\u3001\u55b6\u696d\u5229\u76ca\u306b\u5e74\u6570\u500d\u7387\u3092\u4e57\u3058\u3066\u300c\u306e\u308c\u3093\u4ee3\u300d\u3092\u7b97\u51fa\u3057\u3001\u6642\u4fa1\u7d14\u8cc7\u7523\u984d\u306b\u300c\u306e\u308c\u3093\u4ee3\u300d\u3092\u52a0\u3048\u307e\u3059\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"600\" height=\"338\" src=\"https:\/\/mitsukijapan.com\/ma\/wp-content\/uploads\/350_\u753b\u50cf2-e1714452324420.jpg\" alt=\"\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u306e\u8a08\u7b97\u65b9\u6cd5\" class=\"wp-image-3041\" style=\"width:650px\"\/><figcaption class=\"wp-element-caption\">\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u306e\u8a08\u7b97\u30d7\u30ed\u30bb\u30b9<\/figcaption><\/figure>\n\n\n\n<p>\u4e0a\u8a18\u306e\u4f8b\u3067\u306f\u3001\u7c3f\u4fa1\u7d14\u8cc7\u7523800\u767e\u4e07\u5186\u306b\u5bfe\u3057\u3066\u3001\u571f\u5730\u306e\u542b\u307f\u76ca\u304c40\u767e\u4e07\u5186\u3068\u306a\u3063\u3066\u3044\u308b\u305f\u3081\u3001\u6642\u4fa1\u7d14\u8cc7\u7523\u306f\u3001<\/p>\n\n\n\n<p class=\"has-large-font-size\"> \u7c3f\u4fa1\u7d14\u8cc7\u7523 5\u5104\u5186 \uff0b \u571f\u5730\u306e\u542b\u307f\u76ca 2\u5104\u5186 \uff1d \u6642\u4fa1\u7d14\u8cc7\u7523 7\u5104\u5186<\/p>\n\n\n\n<p>\u3068\u306a\u308a\u307e\u3059\u3002\u6b21\u306b\u3001\u6642\u4fa1\u7d14\u8cc7\u7523\u306b\u52a0\u7b97\u3059\u308b\u300c\u306e\u308c\u3093\u4ee3\u300d\u3092\u7b97\u51fa\u3057\u307e\u3059\u3002\u3053\u3053\u3067\u306f\u55b6\u696d\u5229\u76ca\u306e\uff13\u5e74\u5206\u304c\u300c\u306e\u308c\u3093\u4ee3\u300d\u3068\u4eee\u5b9a\u3059\u308b\u3068\u3001<\/p>\n\n\n\n<p class=\"has-large-font-size\">\u55b6\u696d\u5229\u76ca 1\u5104\u5186 \u00d7 3\u5e74\uff1d\u306e\u308c\u3093 3\u5104\u5186<\/p>\n\n\n\n<p>\u3068\u306a\u308a\u307e\u3059\u3002\u305d\u308c\u305e\u308c\u8a08\u7b97\u3057\u305f\u6642\u4fa1\u7d14\u8cc7\u7523\u3068\u300c\u306e\u308c\u3093\u4ee3\u300d\u3092\u5408\u7b97\u3057\u3066\u3001\u682a\u5f0f\u4fa1\u5024\u3092\u7b97\u5b9a\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"has-large-font-size\">\u6642\u4fa1\u7d14\u8cc7\u7523 7\u5104\u5186 \uff0b \u306e\u308c\u3093 3\u5104\u5186\uff1d\u682a\u5f0f\u4fa1\u5024 10\u5104\u5186<\/p>\n\n\n\n<h3 id=\"arkb-toc-5\" class=\"wp-block-heading\">M&amp;A\u3067\u306e\u300c\u306e\u308c\u3093\u300d\u3068\u306f<\/h3>\n\n\n\n<p>M&amp;A\u306b\u304a\u3051\u308b\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\u3067\u306f\u3001\u300c\u306e\u308c\u3093\u300d\u3068\u3044\u3046\u6982\u5ff5\u304c\u91cd\u8981\u3068\u306a\u308a\u307e\u3059\u3002\u300c\u306e\u308c\u3093\u300d\u3068\u306f\u3001\u4f01\u696d\u306e\u30ce\u30a6\u30cf\u30a6\u3084\u30d6\u30e9\u30f3\u30c9\u529b\u3001\u53d6\u5f15\u5148\u3084\u4eba\u6750\u306a\u3069\u3001\u5c06\u6765\u7684\u306a\u53ce\u76ca\u3092\u751f\u307f\u51fa\u3059\u53ef\u80fd\u6027\u304c\u3042\u308b\u7121\u5f62\u8cc7\u7523\uff08\u73fe\u5728\u6570\u5024\u5316\u3067\u304d\u306a\u3044\u4fa1\u5024\u3092\u6301\u3064\u8cc7\u7523\uff09\u3092\u6307\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u300c\u306e\u308c\u3093\u300d\u306f\u3001\u4e00\u822c\u7684\u306b\u6642\u4fa1\u7d14\u8cc7\u7523\u984d\u3068\u8b72\u6e21\u4fa1\u683c\u306e\u5dee\u984d\u3092\u6307\u3057\u307e\u3059\u3002\u5e74\u500d\u6cd5\u3067\u306f\u3001\u5229\u76ca\u306b\u5e74\u6570\u500d\u7387\u3092\u4e57\u3058\u305f\u91d1\u984d\u304c\u300c\u306e\u308c\u3093\u300d\u306b\u8a72\u5f53\u3057\u307e\u3059\u3002\u5b9f\u969b\u306b\u4f55\u5e74\u5206\u306e\u5229\u76ca\u3092\u751f\u307f\u51fa\u3059\u304b\u306f\u4e0d\u78ba\u5b9a\u306a\u305f\u3081\u3001\u3069\u306e\u304f\u3089\u3044\u306e\u5e74\u6570\u500d\u7387\u3092\u52a0\u7b97\u3059\u308b\u304b\u306f\u7b97\u51fa\u3059\u308b\u4eba\u306e\u4e3b\u89b3\u306b\u306a\u308a\u7406\u8ad6\u7684\u306a\u6839\u62e0\u304c\u306a\u3044\u3053\u3068\u304b\u3089\u3001M&amp;A\u306e\u4f01\u696d\u4fa1\u5024\u7b97\u5b9a\u6642\u306b\u5e74\u500d\u6cd5\u3092\u4f7f\u7528\u3059\u308b\u969b\u306f\u3001\u6ce8\u610f\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-5316a4d3d4f9aad946b48dd4c047651e\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/what-goodwill-ma-calculation-method-accounting-successful\/\">M&amp;A\u306e\u300c\u306e\u308c\u3093\u300d\u304c\u511f\u5374\u4e0d\u8981\u306b\u306a\u308b\uff1f\u8a08\u7b97\u65b9\u6cd5\u30fb\u4ed5\u8a33\u30fb\u511f\u5374\u671f\u9593\u3068\u306f<\/a><\/p>\n\n\n\n<h2 id=\"arkb-toc-6\" class=\"wp-block-heading\"><strong>\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u3068\u4ed6\u306e\u8a55\u4fa1\u65b9\u5f0f\u3068\u306e\u95a2\u4fc2<\/strong><\/h2>\n\n\n\n<p>\u3053\u3053\u3067\u306f\u3001M&amp;A\u306b\u304a\u3044\u3066\u7528\u3044\u3089\u308c\u308b\u4e3b\u8981\u306a3\u3064\u306e\u4f01\u696d\u4fa1\u5024\u7b97\u5b9a\u65b9\u6cd5\u306b\u3064\u3044\u3066\u89e3\u8aac\u3057\u307e\u3059\u3002\u4f01\u696d\u4fa1\u5024\u7b97\u5b9a\u306e\u969b\u306e\u53c2\u8003\u306b\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n<h3 id=\"arkb-toc-7\" class=\"wp-block-heading\"><strong>\u30b3\u30b9\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1<\/strong><\/h3>\n\n\n\n<p>\u30b3\u30b9\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u306f\u3001\u8cb8\u501f\u5bfe\u7167\u8868\u306e\u7d14\u8cc7\u7523\u3092\u3082\u3068\u306b\u4f01\u696d\u4fa1\u5024\u3092\u8a55\u4fa1\u3059\u308b\u65b9\u6cd5\u3092\u8a00\u3044\u307e\u3059\u3002\u4e3b\u306a\u7b97\u51fa\u65b9\u6cd5\u3068\u3057\u3066\u306f\u3001\u7c3f\u4fa1\u7d14\u8cc7\u7523\u6cd5\u3068\u6642\u4fa1\u7d14\u8cc7\u7523\u6cd5\u304c\u3042\u308a\u307e\u3059\u3002\u7c3f\u4fa1\u7d14\u8cc7\u7523\u6cd5\u306f\u3001\u8cb8\u501f\u5bfe\u7167\u8868\u306e\u7c3f\u4fa1\u7d14\u8cc7\u7523\u984d\u3092\u4f01\u696d\u4fa1\u5024\u3068\u3059\u308b\u65b9\u6cd5\u3067\u3059\u3002\u6642\u4fa1\u7d14\u8cc7\u7523\u6cd5\u306f\u3001\u8cc7\u7523\u304a\u3088\u3073\u8ca0\u50b5\u3092\u6642\u4fa1\u8a55\u4fa1\u3057\u305f\u969b\u306e\u7d14\u8cc7\u7523\u3092\u7b97\u51fa\u3057\u4f01\u696d\u4fa1\u5024\u3068\u3059\u308b\u65b9\u6cd5\u3092\u8a00\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u30b3\u30b9\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u306e\u30e1\u30ea\u30c3\u30c8\u3068\u30c7\u30e1\u30ea\u30c3\u30c8\u3092\u4e0b\u8868\u306b\u6574\u7406\u3057\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u30e1\u30ea\u30c3\u30c8<\/th><th>\u30c7\u30e1\u30ea\u30c3\u30c8<\/th><\/tr><\/thead><tbody><tr><td><strong>\u7d14\u8cc7\u7523\u3092\u4f01\u696d\u4fa1\u5024\u3068\u3059\u308b\u305f\u3081\u3001\u7406\u89e3\u3057\u3084\u3059\u3044<\/strong><br>\u8cb8\u501f\u5bfe\u7167\u8868\u306e\u7d14\u8cc7\u7523\u3092\u3082\u3068\u306b\u8a55\u4fa1\u3059\u308b\u305f\u3081\u3001\u30b7\u30f3\u30d7\u30eb\u3067\u5206\u304b\u308a\u3084\u3059\u3044\u8a08\u7b97\u65b9\u6cd5\u3067\u3059\u3002\u8cc7\u7523\u304b\u3089\u8ca0\u50b5\u3092\u5dee\u3057\u5f15\u304f\u3068\u3044\u3046\u76f4\u611f\u7684\u306a\u4ed5\u7d44\u307f\u3067\u4f01\u696d\u4fa1\u5024\u3092\u7b97\u51fa\u3067\u304d\u307e\u3059\u3002<br><br><strong>\u8907\u96d1\u306a\u6307\u6a19\u3084\u5e02\u5834\u306b\u5de6\u53f3\u3055\u308c\u306a\u3044\u305f\u3081\u3001\u8a55\u4fa1\u304c\u30d6\u30ec\u306b\u304f\u3044<\/strong><br>\u5e02\u5834\u306e\u5909\u52d5\u3084\u5c06\u6765\u4e88\u6e2c\u306a\u3069\u306e\u4e0d\u78ba\u5b9f\u306a\u8981\u7d20\u306b\u5f71\u97ff\u3055\u308c\u305a\u3001\u4e00\u5b9a\u6642\u70b9\u306e\u8cb8\u501f\u5bfe\u7167\u8868\u3068\u3044\u3046\u5ba2\u89b3\u7684\u306a\u8ca1\u52d9\u30c7\u30fc\u30bf\u306b\u57fa\u3065\u3044\u3066\u8a55\u4fa1\u3092\u884c\u3046\u305f\u3081\u3001\u8a55\u4fa1\u7d50\u679c\u304c\u5b89\u5b9a\u3057\u3066\u3044\u307e\u3059\u3002<br><br><strong>\u500b\u5225\u306b\u8cc7\u7523\u3001\u8ca0\u50b5\u3092\u5206\u6790\u3059\u308b\u305f\u3081\u3001\u5ba2\u89b3\u7684\u306a\u8a55\u4fa1\u3068\u306a\u308b<\/strong><br>\u4f01\u696d\u304c\u4fdd\u6709\u3059\u308b\u8cc7\u7523\u304a\u3088\u3073\u8ca0\u50b5\u3092\u500b\u5225\u306b\u8abf\u67fb\u30fb\u5206\u6790\u3057\u3066\u4fa1\u5024\u3092\u7b97\u51fa\u3059\u308b\u305f\u3081\u3001\u4e3b\u89b3\u304c\u5165\u308a\u306b\u304f\u304f\u5ba2\u89b3\u6027\u306e\u9ad8\u3044\u8a55\u4fa1\u304c\u53ef\u80fd\u3067\u3059\u3002\u8ca1\u52d9\u8af8\u8868\u3068\u3044\u3046\u660e\u78ba\u306a\u30c7\u30fc\u30bf\u3092\u57fa\u6e96\u3068\u3059\u308b\u305f\u3081\u3001\u7b2c\u4e09\u8005\u306b\u3082\u8aac\u660e\u3057\u3084\u3059\u3044\u8a55\u4fa1\u65b9\u6cd5\u3067\u3059\u3002<\/td><td><strong>\u4e8b\u696d\u306e\u53ce\u76ca\u6027\u3084\u5c06\u6765\u6027\u3092\u4f01\u696d\u4fa1\u5024\u306b\u53cd\u6620\u3055\u308c\u306a\u3044<\/strong><br>\u8cb8\u501f\u5bfe\u7167\u8868\u306e\u7d14\u8cc7\u7523\u306e\u307f\u306b\u7740\u76ee\u3059\u308b\u305f\u3081\u3001\u4f01\u696d\u306e\u5c06\u6765\u7684\u306a\u53ce\u76ca\u529b\u3084\u6210\u9577\u6027\u3001\u7af6\u4e89\u512a\u4f4d\u6027\u3068\u3044\u3063\u305f\u4e8b\u696d\u306e\u53ce\u76ca\u6027\u3084\u5c06\u6765\u6027\u304c\u4f01\u696d\u4fa1\u5024\u306b\u53cd\u6620\u3055\u308c\u307e\u305b\u3093\u3002\u305d\u306e\u305f\u3081\u3001\u73fe\u6bb5\u968e\u3067\u306f\u7d14\u8cc7\u7523\u304c\u5c11\u306a\u304f\u3066\u3082\u5c06\u6765\u306e\u6210\u9577\u304c\u671f\u5f85\u3055\u308c\u308b\u4f01\u696d\u3084\u3001\u7121\u5f62\u8cc7\u7523\u304c\u4fa1\u5024\u306e\u6e90\u6cc9\u3068\u306a\u3063\u3066\u3044\u308b\u4f01\u696d\u306e\u8a55\u4fa1\u306b\u306f\u9069\u3057\u3066\u3044\u307e\u305b\u3093\u3002<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-ac60c62129d68ea6962fbb26e2bc7ff3\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/cost-approach\/\">\u30b3\u30b9\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u3068\u306f\uff1f\u7a2e\u985e\u30fb\u8a08\u7b97\u65b9\u6cd5\u30fb\u30e1\u30ea\u30c3\u30c8\u3068\u30c7\u30e1\u30ea\u30c3\u30c8<\/a><\/p>\n\n\n\n<h3 id=\"arkb-toc-8\" class=\"wp-block-heading\"><strong>\u30a4\u30f3\u30ab\u30e0\u30a2\u30d7\u30ed\u30fc\u30c1<\/strong><\/h3>\n\n\n\n<p>\u30a4\u30f3\u30ab\u30e0\u30a2\u30d7\u30ed\u30fc\u30c1\u306f\u3001\u5c06\u6765\u5f97\u3089\u308c\u308b\u5229\u76ca\u3084\u914d\u5f53\u306a\u3069\u3092\u30d9\u30fc\u30b9\u306b\u4e8b\u696d\u4fa1\u5024\u7b97\u51fa\u3057\u3001\u7b97\u51fa\u3057\u305f\u5bfe\u8c61\u4f1a\u793e\u306e\u4e8b\u696d\u4fa1\u5024\u306b\u975e\u4e8b\u696d\u4fa1\u5024\u3092\u52a0\u7b97\u3059\u308b\u3053\u3068\u306b\u3088\u308a\u4f01\u696d\u4fa1\u5024\u3092\u8a55\u4fa1\u3059\u308b\u624b\u6cd5\u3092\u8a00\u3044\u307e\u3059\u3002\u30a4\u30f3\u30ab\u30e0\u30a2\u30d7\u30ed\u30fc\u30c1\u3067\u6700\u3082\u591a\u304f\u6d3b\u7528\u3055\u308c\u308b\u65b9\u6cd5\u3068\u3057\u3066\u306f\u3001DCF\uff08\u30c7\u30a3\u30b9\u30ab\u30a6\u30f3\u30c8\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\uff09\u6cd5\u304c\u3042\u308a\u3001\u30d5\u30ea\u30fc\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u73fe\u5728\u4fa1\u5024\u306b\u5272\u308a\u5f15\u3044\u3066\u4f01\u696d\u4fa1\u5024\u3092\u7b97\u51fa\u3057\u307e\u3059\u3002\u305d\u306e\u4ed6\u306b\u3082\u3001\u5c06\u6765\u5f97\u3089\u308c\u308b\u53ce\u76ca\u3092\u73fe\u5728\u4fa1\u5024\u306b\u843d\u3068\u3057\u8fbc\u3080\u53ce\u76ca\u9084\u5143\u6cd5\u3084\u3001\u682a\u4e3b\u306b\u9084\u5143\u3055\u308c\u308b\u914d\u5f53\u91d1\u3092\u30d9\u30fc\u30b9\u306b\u7b97\u51fa\u3059\u308b\u914d\u5f53\u9084\u5143\u6cd5\u306a\u3069\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-78db64b8d5b60934ea5b50ae50c99f68\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/what-is-the-dcf-method\/\">DCF\u6cd5\u3068\u306f\uff1f\u4f01\u696d\u4fa1\u5024\u3068\u682a\u4fa1\u306e\u8a08\u7b97\u4e8b\u4f8b\u30fb\u5272\u5f15\u7387\u3092\u308f\u304b\u308a\u3084\u3059\u304f\u89e3\u8aac<\/a><\/p>\n\n\n\n<p>\u30a4\u30f3\u30ab\u30e0\u30a2\u30d7\u30ed\u30fc\u30c1\u306e\u30e1\u30ea\u30c3\u30c8\u3068\u30c7\u30e1\u30ea\u30c3\u30c8\u3092\u4e0b\u8868\u306b\u6574\u7406\u3057\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u30e1\u30ea\u30c3\u30c8<\/th><th>\u30c7\u30e1\u30ea\u30c3\u30c8<\/th><\/tr><\/thead><tbody><tr><td><strong>\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u7406\u8ad6\u306b\u57fa\u3065\u304f\u305f\u3081\u3001\u7406\u8ad6\u7684\u306a\u7b97\u51fa\u304c\u53ef\u80fd<\/strong><br>\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u7406\u8ad6\u306b\u57fa\u3065\u3044\u305f\u8a55\u4fa1\u624b\u6cd5\u3067\u3042\u308b\u305f\u3081\u3001\u7406\u8ad6\u7684\u304b\u3064\u4f53\u7cfb\u7684\u306a\u7b97\u51fa\u304c\u53ef\u80fd\u3067\u3059\u3002\u5c06\u6765\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u73fe\u5728\u4fa1\u5024\u306b\u5272\u308a\u5f15\u304f\u3068\u3044\u3046\u78ba\u7acb\u3055\u308c\u305f\u8a08\u7b97\u624b\u6cd5\u306b\u3088\u308a\u3001\u8ad6\u7406\u7684\u6839\u62e0\u3092\u3082\u3063\u3066\u4f01\u696d\u4fa1\u5024\u3092\u8aac\u660e\u3067\u304d\u307e\u3059\u3002<br><br><strong>\u5c06\u6765\u6027\u3001\u6210\u9577\u6027\u3092\u4f01\u696d\u4fa1\u5024\u306b\u53cd\u6620\u3055\u305b\u308b\u3053\u3068\u304c\u3067\u304d\u308b<\/strong><br>\u5c06\u6765\u7372\u5f97\u3055\u308c\u308b\u5229\u76ca\u3084\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u3082\u3068\u306b\u8a55\u4fa1\u3059\u308b\u305f\u3081\u3001\u4f01\u696d\u306e\u5c06\u6765\u6027\u3084\u6210\u9577\u6027\u3092\u4f01\u696d\u4fa1\u5024\u306b\u53cd\u6620\u3055\u305b\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002\u7279\u306b\u6210\u9577\u4f01\u696d\u3084IT\u4f01\u696d\u306a\u3069\u3001\u5c06\u6765\u306e\u53ce\u76ca\u529b\u304c\u9ad8\u3044\u4f01\u696d\u306e\u8a55\u4fa1\u306b\u9069\u3057\u3066\u3044\u307e\u3059\u3002<br><br><strong>\u5e02\u5834\u5909\u52d5\u306e\u5f71\u97ff\u3092\u53d7\u3051\u306b\u304f\u3044<\/strong><br>\u4f01\u696d\u56fa\u6709\u306e\u53ce\u76ca\u529b\u3084\u4e8b\u696d\u8a08\u753b\u306b\u57fa\u3065\u3044\u3066\u8a55\u4fa1\u3059\u308b\u305f\u3081\u3001\u682a\u5f0f\u5e02\u5834\u306e\u77ed\u671f\u7684\u306a\u5909\u52d5\u3084\u5e02\u6cc1\u306e\u5f71\u97ff\u3092\u53d7\u3051\u306b\u304f\u3044\u7279\u5fb4\u304c\u3042\u308a\u307e\u3059\u3002\u4f01\u696d\u306e\u672c\u8cea\u7684\u306a\u4fa1\u5024\u3092\u6349\u3048\u3084\u3059\u3044\u624b\u6cd5\u3067\u3059\u3002<\/td><td><strong>\u4e8b\u696d\u8a08\u753b\u306a\u3069\u3092\u30d9\u30fc\u30b9\u306b\u5c06\u6765\u6027\u3092\u8003\u616e\u3057\u7b97\u51fa\u3055\u308c\u308b\u305f\u3081\u3001\u6063\u610f\u6027\u304c\u50cd\u304d\u3084\u3059\u304f\u5ba2\u89b3\u6027\u304c\u8584\u3044<\/strong><br>\u4e8b\u696d\u8a08\u753b\u306a\u3069\u3092\u30d9\u30fc\u30b9\u306b\u5c06\u6765\u6027\u3092\u8003\u616e\u3057\u7b97\u51fa\u3055\u308c\u308b\u305f\u3081\u3001\u6063\u610f\u6027\u304c\u50cd\u304d\u3084\u3059\u304f\u5ba2\u89b3\u6027\u304c\u8584\u304f\u306a\u308a\u307e\u3059\u3002\u5c06\u6765\u4e88\u6e2c\u306b\u57fa\u3065\u304f\u305f\u3081\u3001\u4f5c\u6210\u8005\u306e\u4e3b\u89b3\u3084\u671f\u5f85\u304c\u5165\u308a\u8fbc\u307f\u3084\u3059\u304f\u3001\u8a55\u4fa1\u7d50\u679c\u306b\u30d0\u30e9\u30c4\u30ad\u304c\u751f\u3058\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<br><br><strong>\u5bfe\u8c61\u4f1a\u793e\u306e\u5c06\u6765\u4e88\u6e2c\u306e\u307f\u3060\u3051\u3067\u306a\u304f\u3001\u5e02\u5834\u3084\u4e8b\u696d\u74b0\u5883\u306e\u5c06\u6765\u4e88\u6e2c\u3082\u5fc5\u8981\u3068\u306a\u308b\u305f\u3081\u3001\u7b97\u51fa\u6839\u62e0\u3084\u524d\u63d0\u306e\u8a2d\u5b9a\u304c\u96e3\u3057\u3044<\/strong><br>\u5bfe\u8c61\u4f1a\u793e\u306e\u5c06\u6765\u4e88\u6e2c\u306e\u307f\u3060\u3051\u3067\u306a\u304f\u3001\u5e02\u5834\u3084\u4e8b\u696d\u74b0\u5883\u306e\u5c06\u6765\u4e88\u6e2c\u3082\u5fc5\u8981\u3068\u306a\u308b\u305f\u3081\u3001\u7b97\u51fa\u6839\u62e0\u3084\u524d\u63d0\u306e\u8a2d\u5b9a\u304c\u96e3\u3057\u3044\u3067\u3059\u3002\u5272\u5f15\u7387\u306e\u8a2d\u5b9a\u3084\u6210\u9577\u7387\u306e\u898b\u7a4d\u3082\u308a\u306a\u3069\u3001\u5c02\u9580\u7684\u306a\u77e5\u8b58\u3068\u7d4c\u9a13\u304c\u6c42\u3081\u3089\u308c\u3001\u524d\u63d0\u6761\u4ef6\u306b\u3088\u3063\u3066\u8a55\u4fa1\u984d\u304c\u5927\u304d\u304f\u5909\u52d5\u3057\u307e\u3059\u3002<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-b4d8dcc78f8406e85af1c097256ca684\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/income-approach\/\">\u30a4\u30f3\u30ab\u30e0\u30a2\u30d7\u30ed\u30fc\u30c1\u3068\u306f\uff1f\u7a2e\u985e\u30fb\u8a08\u7b97\u65b9\u6cd5\u30fb\u30e1\u30ea\u30c3\u30c8\u3068\u30c7\u30e1\u30ea\u30c3\u30c8<\/a><\/p>\n\n\n\n<h3 id=\"arkb-toc-9\" class=\"wp-block-heading\"><strong>\u30de\u30fc\u30b1\u30c3\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1<\/strong><\/h3>\n\n\n\n<p>\u30de\u30fc\u30b1\u30c3\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u306f\u3001\u540c\u696d\u4ed6\u793e\u306eM&amp;A\u4e8b\u4f8b\u3084\u985e\u4f3c\u696d\u7a2e\u306e\u682a\u4fa1\u6bd4\u8f03\u3092\u53c2\u8003\u306b\u4f01\u696d\u4fa1\u5024\u3092\u8a55\u4fa1\u3059\u308b\u65b9\u6cd5\u3092\u8a00\u3044\u307e\u3059\u3002\u7b97\u51fa\u65b9\u6cd5\u3068\u3057\u3066\u306f\u5927\u304d\u304f\uff13\u3064\u3042\u308a\u3001\u985e\u4f3c\u53d6\u5f15\u306e\u8b72\u6e21\u4fa1\u683c\u3092\u53c2\u8003\u306b\u4f01\u696d\u4fa1\u5024\u3092\u7b97\u51fa\u3059\u308b\u985e\u4f3c\u53d6\u5f15\u6bd4\u8f03\u6cd5\u3001\u5bfe\u8c61\u4f1a\u793e\u3068\u985e\u4f3c\u3059\u308b\u4f01\u696d\uff08\u4e0a\u5834\u4f1a\u793e\uff09\u306e\u682a\u4fa1\u3092\u53c2\u8003\u306b\u4f01\u696d\u4fa1\u5024\u3092\u7b97\u51fa\u3059\u308b\u985e\u4f3c\u4f1a\u793e\u6bd4\u8f03\u6cd5\uff08\u3044\u308f\u3086\u308b\u30de\u30eb\u30c1\u30d7\u30eb\uff09\u3001\u8b72\u6e21\u5bfe\u8c61\u4f01\u696d\u306e\u682a\u5f0f\u304c\u5e02\u5834\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u308b\u4fa1\u683c\u3092\u8b72\u6e21\u4fa1\u984d\u3068\u3059\u308b\u5e02\u5834\u682a\u4fa1\u6cd5\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-83a3fe56647fa37e43b31ddc28237b2e\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/comparablecompaniescomparison\/\">\u985e\u4f3c\u4f1a\u793e\u6bd4\u8f03\u6cd5\u3068\u306f\uff1f EBITDA\u30de\u30eb\u30c1\u30d7\u30eb\u306b\u3088\u308b\u4f01\u696d\u4fa1\u5024\u306e\u8a08\u7b97\u5f0f<\/a><\/p>\n\n\n\n<p>\u30de\u30fc\u30b1\u30c3\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u306e\u30e1\u30ea\u30c3\u30c8\u3068\u30c7\u30e1\u30ea\u30c3\u30c8\u3092\u4e0b\u8868\u306b\u6574\u7406\u3057\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u30e1\u30ea\u30c3\u30c8<\/th><th>\u30c7\u30e1\u30ea\u30c3\u30c8<\/th><\/tr><\/thead><tbody><tr><td><strong>\u4e8b\u4f8b\u306b\u57fa\u3065\u3044\u3066\u7b97\u51fa\u3059\u308b\u305f\u3081\u5ba2\u89b3\u6027\u304c\u3042\u308b<\/strong><br>\u5b9f\u969b\u306e\u5e02\u5834\u53d6\u5f15\u3084\u985e\u4f3c\u4f01\u696d\u306e\u682a\u4fa1\u306a\u3069\u3001\u5ba2\u89b3\u7684\u306a\u30c7\u30fc\u30bf\u306b\u57fa\u3065\u3044\u3066\u8a55\u4fa1\u3092\u884c\u3046\u305f\u3081\u3001\u8a55\u4fa1\u7d50\u679c\u306e\u8aac\u5f97\u529b\u304c\u9ad8\u304f\u3001\u7b2c\u4e09\u8005\u306b\u3082\u53d7\u3051\u5165\u308c\u3089\u308c\u3084\u3059\u3044\u7279\u5fb4\u304c\u3042\u308a\u307e\u3059\u3002\u5e02\u5834\u3067\u516c\u958b\u3055\u308c\u3066\u3044\u308b\u60c5\u5831\u3092\u6d3b\u7528\u3059\u308b\u305f\u3081\u3001\u6063\u610f\u6027\u304c\u6392\u9664\u3055\u308c\u3084\u3059\u304f\u4fe1\u983c\u6027\u306e\u9ad8\u3044\u8a55\u4fa1\u304c\u53ef\u80fd\u3067\u3059\u3002<br><br><strong>\u7b97\u51fa\u65b9\u6cd5\u304c\u6bd4\u8f03\u7684\u5bb9\u6613<\/strong><br>\u516c\u958b\u3055\u308c\u3066\u3044\u308b\u5e02\u5834\u30c7\u30fc\u30bf\u3084\u53d6\u5f15\u4e8b\u4f8b\u3092\u53c2\u7167\u3059\u308b\u305f\u3081\u3001\u8907\u96d1\u306a\u5c06\u6765\u4e88\u6e2c\u3084\u8a73\u7d30\u306a\u5185\u90e8\u30c7\u30fc\u30bf\u5206\u6790\u3092\u5fc5\u8981\u3068\u305b\u305a\u3001\u6bd4\u8f03\u7684\u30b7\u30f3\u30d7\u30eb\u304b\u3064\u8fc5\u901f\u306b\u4f01\u696d\u4fa1\u5024\u3092\u7b97\u51fa\u3067\u304d\u307e\u3059\u3002\u5c02\u9580\u7684\u306a\u8ca1\u52d9\u30e2\u30c7\u30ea\u30f3\u30b0\u306e\u8ca0\u62c5\u304c\u8efd\u6e1b\u3055\u308c\u3001\u8a55\u4fa1\u30d7\u30ed\u30bb\u30b9\u304c\u52b9\u7387\u7684\u3067\u3059\u3002<br><br><strong>\u5e02\u5834\u306e\u76f8\u5834\u3092\u53cd\u6620\u304c\u53ef\u80fd<\/strong><br>\u682a\u5f0f\u5e02\u5834\u3084M&amp;A\u5e02\u5834\u306b\u304a\u3051\u308b\u5b9f\u969b\u306e\u53d6\u5f15\u4fa1\u683c\u3092\u53cd\u6620\u3059\u308b\u305f\u3081\u3001\u73fe\u5b9f\u7684\u3067\u5e02\u5834\u611f\u899a\u306b\u5373\u3057\u305f\u8a55\u4fa1\u304c\u5b9f\u73fe\u3067\u304d\u307e\u3059\u3002\u5e02\u5834\u306e\u9700\u7d66\u95a2\u4fc2\u3084\u696d\u754c\u52d5\u5411\u3092\u4f01\u696d\u4fa1\u5024\u306b\u53d6\u308a\u8fbc\u3080\u3053\u3068\u304c\u3067\u304d\u3001\u30ea\u30a2\u30ea\u30c6\u30a3\u306e\u3042\u308b\u6570\u5024\u304c\u5f97\u3089\u308c\u307e\u3059\u3002<\/td><td><strong>\u985e\u4f3c\u4f01\u696d\u3084\u985e\u4f3c\u53d6\u5f15\u306e\u9078\u5b9a\u306b\u6063\u610f\u6027\u304c\u5165\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b<\/strong><br>\u3069\u306e\u4f01\u696d\u3084\u53d6\u5f15\u3092\u985e\u4f3c\u3068\u5224\u65ad\u3059\u308b\u304b\u306f\u8a55\u4fa1\u8005\u306e\u4e3b\u89b3\u306b\u5de6\u53f3\u3055\u308c\u308b\u5074\u9762\u304c\u3042\u308a\u3001\u9078\u5b9a\u57fa\u6e96\u306b\u3088\u3063\u3066\u8a55\u4fa1\u7d50\u679c\u304c\u5909\u52d5\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u985e\u4f3c\u6027\u306e\u5224\u65ad\u306b\u306f\u5c02\u9580\u7684\u306a\u77e5\u898b\u304c\u5fc5\u8981\u3068\u306a\u308a\u307e\u3059\u3002<br><br><strong>\u6bd4\u8f03\u3059\u308b\u4e0a\u5834\u4f1a\u793e\u3067\u3001\u985e\u4f3c\u4f01\u696d\u304c\u898b\u3064\u304b\u3089\u306a\u3044\u53ef\u80fd\u6027\u304c\u3042\u308b<\/strong><br>\u8a55\u4fa1\u5bfe\u8c61\u4f01\u696d\u304c\u7279\u6b8a\u306a\u4e8b\u696d\u3092\u55b6\u3093\u3067\u3044\u308b\u5834\u5408\u3084\u3001\u30cb\u30c3\u30c1\u306a\u696d\u754c\u306b\u5c5e\u3057\u3066\u3044\u308b\u5834\u5408\u3001\u9069\u5207\u306a\u985e\u4f3c\u4f01\u696d\u3084\u985e\u4f3c\u53d6\u5f15\u304c\u5b58\u5728\u3057\u306a\u3044\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u306e\u5834\u5408\u3001\u30de\u30fc\u30b1\u30c3\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u306e\u9069\u7528\u304c\u56f0\u96e3\u3068\u306a\u308a\u3001\u4ed6\u306e\u8a55\u4fa1\u624b\u6cd5\u3092\u691c\u8a0e\u3059\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<br><br><strong>\u8a55\u4fa1\u5bfe\u8c61\u4f01\u696d\u306e\u5f37\u307f\u3084\u5f31\u307f\u3001\u7279\u5fb4\u306a\u3069\u304c\u53cd\u6620\u3055\u308c\u306b\u304f\u3044<\/strong><br>\u985e\u4f3c\u4f01\u696d\u3068\u306e\u6bd4\u8f03\u306b\u57fa\u3065\u304f\u8a55\u4fa1\u3067\u3042\u308b\u305f\u3081\u3001\u8a55\u4fa1\u5bfe\u8c61\u4f01\u696d\u56fa\u6709\u306e\u7af6\u4e89\u512a\u4f4d\u6027\u3001\u72ec\u81ea\u6280\u8853\u3001\u7d4c\u55b6\u9663\u306e\u80fd\u529b\u3001\u30d6\u30e9\u30f3\u30c9\u529b\u306a\u3069\u306e\u500b\u5225\u7684\u306a\u5f37\u307f\u3084\u7279\u5fb4\u304c\u4f01\u696d\u4fa1\u5024\u306b\u5341\u5206\u306b\u53cd\u6620\u3055\u308c\u306b\u304f\u3044\u50be\u5411\u304c\u3042\u308a\u307e\u3059\u3002\u753b\u4e00\u7684\u306a\u8a55\u4fa1\u306b\u306a\u308a\u3084\u3059\u3044\u70b9\u306b\u6ce8\u610f\u304c\u5fc5\u8981\u3067\u3059\u3002<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-6bb5d9027244f8c5cbe7b02208f187a0\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/market-approach\/\">\u30de\u30fc\u30b1\u30c3\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u3068\u306f\uff1f\u7a2e\u985e\u30fb\u8a08\u7b97\u65b9\u6cd5\u30fb\u30e1\u30ea\u30c3\u30c8\u3068\u30c7\u30e1\u30ea\u30c3\u30c8<\/a><\/p>\n\n\n\n<h3 id=\"arkb-toc-10\" class=\"wp-block-heading\"><strong>\u5e74\u500d\u6cd5\u306f\u30b3\u30b9\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u3068\u30a4\u30f3\u30ab\u30e0\u30a2\u30d7\u30ed\u30fc\u30c1\u306e\u6df7\u5408<\/strong><\/h3>\n\n\n\n<p>\u3053\u308c\u307e\u3067\u89e3\u8aac\u3057\u305f\u901a\u308a\u3001\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\u306b\u306f\uff13\u3064\u306e\u8a55\u4fa1\u624b\u6cd5\u304c\u3042\u308a\u307e\u3057\u305f\u3002\u5e74\u500d\u6cd5\u306f\u3001\u7d14\u8cc7\u7523\u984d\u306b\u57fa\u3065\u3044\u3066\u8a55\u4fa1\u3092\u884c\u3046\u30b3\u30b9\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u3068\u5c06\u6765\u306e\u55b6\u696d\u6d3b\u52d5\u304b\u3089\u751f\u307f\u51fa\u3055\u308c\u308b\u5229\u76ca\u3092\u8003\u616e\u3057\u8a55\u4fa1\u3059\u308b\u30a4\u30f3\u30ab\u30e0\u30a2\u30d7\u30ed\u30fc\u30c1\u3092\u8907\u5408\u3057\u305f\u8a55\u4fa1\u65b9\u6cd5\u3068\u8a00\u3048\u307e\u3059\u3002\u3053\u308c\u307e\u3067\u306b\u7d39\u4ecb\u3057\u305f\uff13\u3064\u306e\u8a55\u4fa1\u65b9\u6cd5\u306b\u305d\u308c\u305e\u308c\u30e1\u30ea\u30c3\u30c8\u30fb\u30c7\u30e1\u30ea\u30c3\u30c8\u304c\u3042\u308b\u3088\u3046\u306b\u3001\u5e74\u500d\u6cd5\u306b\u3082\u30e1\u30ea\u30c3\u30c8\u30fb\u30c7\u30e1\u30ea\u30c3\u30c8\u304c\u3042\u308a\u307e\u3059\u306e\u3067\u4e0b\u8a18\u3092\u78ba\u8a8d\u3057\u3066\u307f\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u306e\u30e1\u30ea\u30c3\u30c8<\/strong><strong><\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u73fe\u5728\u306e\u8cc7\u7523\u3068\u8ca0\u50b5\u306e\u30d0\u30e9\u30f3\u30b9\u3068\u5c06\u6765\u6027\u3092\u52a0\u5473\u3057\u8a55\u4fa1\u304c\u53ef\u80fd<\/li>\n\n\n\n<li>\u8907\u96d1\u306a\u8a08\u7b97\u304c\u4e0d\u8981\u3067\u7406\u89e3\u3057\u3084\u3059\u3044<\/li>\n\n\n\n<li>\u8ab0\u304c\u8a55\u4fa1\u3057\u3066\u3082\u5927\u304d\u306a\u8aa4\u5dee\u3092\u751f\u307e\u306a\u3044<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u306e\u30c7\u30e1\u30ea\u30c3\u30c8<\/strong><strong><\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u7406\u8ad6\u306b\u57fa\u3065\u304b\u306a\u3044\u305f\u3081\u3001\u7406\u8ad6\u7684\u306a\u8a55\u4fa1\u3067\u306a\u3044\u3002<\/li>\n\n\n\n<li>\u904e\u53bb\u306e\u5b9f\u7e3e\u3092\u30d9\u30fc\u30b9\u306b\u7b97\u51fa\u3059\u308b\u305f\u3081\u3001\u5c06\u6765\u306e\u5e02\u5834\u74b0\u5883\u3084\u666f\u6c17\u306a\u3069\u304c\u8003\u616e\u3067\u304d\u306a\u3044\u3002<\/li>\n\n\n\n<li>\u306e\u308c\u3093\u4ee3\u306e\u52a0\u7b97\u984d\u306a\u3069\u6063\u610f\u6027\u304c\u5165\u308b\u305f\u3081\u3001\u8b72\u6e21\u5074\u3068\u8b72\u53d7\u5074\u306e\u4e3b\u5f35\u304c\u7570\u306a\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"has-luminous-vivid-orange-color has-text-color has-link-color wp-elements-03e39b45cfbadf1a445b13d6219067a7\"><a href=\"https:\/\/mitsukijapan.com\/ma\/valuations\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u4f01\u696d\u4fa1\u5024\u3092\u7121\u6599\u3067\u30b7\u30df\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3\u3059\u308b \uff1e<\/a><\/p>\n\n\n\n<h2 id=\"arkb-toc-11\" class=\"wp-block-heading\"><strong>\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u306e\u9069\u6b63\u5e74\u6570\u306e\u8003\u3048\u65b9<\/strong><\/h2>\n\n\n\n<p>\u5e74\u500d\u6cd5\u306f\u3001\u6642\u4fa1\u7d14\u8cc7\u7523\u306b\u306e\u308c\u3093\uff08\u55b6\u696d\u5229\u76ca\u306a\u3069\u306e\u57fa\u6e96\u5229\u76ca\u306b\u5e74\u6570\u500d\u7387\u3092\u639b\u3051\u305f\u91d1\u984d\uff09\u3092\u52a0\u7b97\u3059\u308b\u3053\u3068\u3067\u4f01\u696d\u4fa1\u5024\u3092\u7b97\u51fa\u3059\u308b\u624b\u6cd5\u3067\u3057\u305f\u3002\u8907\u96d1\u306a\u8a08\u7b97\u65b9\u6cd5\u3092\u7528\u3044\u305a\u7c21\u4fbf\u7684\u306b\u7b97\u51fa\u3067\u304d\u308b\u305f\u3081\u3001\u4e2d\u5c0f\u4f01\u696d\u306eM&amp;A\u53d6\u5f15\u306b\u304a\u3044\u3066\u591a\u304f\u4f7f\u7528\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u3001\u5e74\u500d\u6cd5\u3067\u7528\u3044\u308b\u5e74\u6570\u500d\u7387\u306f\u3001\u5c06\u6765\u6027\u3092\u53cd\u6620\u3059\u308b\u610f\u5473\u3082\u3042\u308a\u6063\u610f\u6027\u304c\u5165\u308b\u53ef\u80fd\u6027\u3092\u6392\u9664\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u305b\u3093\u3002\u8b72\u6e21\u5074\u3068\u8b72\u53d7\u5074\u306e\u53cc\u65b9\u304c\u7d0d\u5f97\u3067\u304d\u308b\u5e74\u6570\u500d\u7387\u3092\u8a2d\u5b9a\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3068\u306a\u308a\u307e\u3059\u3002\u5e74\u500d\u6cd5\u306b\u304a\u3051\u308b\u5e74\u6570\u500d\u7387\u306f\u3001\u4e00\u822c\u7684\u306b3\u5e74\u304b\u30895\u5e74\u3068\u8a00\u308f\u308c\u3066\u3044\u307e\u3059\u304c\u3001\u4e8b\u696d\u3084\u5e02\u5834\u3001\u5bfe\u8c61\u4f1a\u793e\u306e\u8ca1\u52d9\u72b6\u6cc1\u3092\u8003\u616e\u3057\u3001\u8b72\u6e21\u5074\u3068\u8b72\u53d7\u5074\u3067\u4ea4\u6e09\u3059\u308b\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h3 id=\"arkb-toc-12\" class=\"wp-block-heading\">\u76f8\u5834\u306f3\u5e74\uff083\u500d\uff09\u524d\u5f8c\u304c\u591a\u3044<\/h3>\n\n\n\n<p>M&amp;A\u696d\u754c\u3067\u4eba\u6c17\u306e\u3042\u308b\u696d\u7a2e\u3067\u306f\u3001\u6bd4\u8f03\u7684\u5927\u304d\u3044\u5e74\u6570\u500d\u7387\u306e\u52a0\u7b97\u3082\u6563\u898b\u3055\u308c\u307e\u3059\u304c\u3001\u4e8b\u4f8b\u306a\u3069\u3092\u898b\u308b\u30683\u5e74\u7a0b\u5ea6\u306e\u5e74\u6570\u500d\u7387\u304c\u76f8\u5834\u306b\u306a\u3063\u3066\u304d\u3066\u3044\u308b\u3088\u3046\u3067\u3059\u3002\u57fa\u6e96\u3068\u306a\u308b\u5229\u76ca\u304c1\u5104\u5186\u306a\u3069\u306b\u306a\u308b\u3068\u5e74\u6570\u500d\u73871\u5e74\u52a0\u7b97\u3067\u4f01\u696d\u4fa1\u5024\u304c1\u5104\u5186\u5909\u52d5\u3059\u308b\u3053\u3068\u304b\u3089\u30012.5\u5e74\u30843.5\u5e74\u306a\u3069\u5e74\u6570\u500d\u7387\u3092\u5c0f\u523b\u307f\u306b\u8a2d\u5b9a\u3059\u308b\u30b1\u30fc\u30b9\u3082\u3042\u308a\u307e\u3059\u3002\u307e\u305f\u3001\u5e74\u500d\u6cd5\u306e\u307f\u306e\u8a55\u4fa1\u3067\u306f\u306a\u304f\u3001\u4ed6\u306e\u624b\u6cd5\u306b\u3088\u308b\u4f01\u696d\u4fa1\u5024\u7b97\u5b9a\u7d50\u679c\u306a\u3069\u3082\u8e0f\u307e\u3048\u3001M&amp;A\u306e\u53d6\u5f15\u4fa1\u984d\u3092\u4ea4\u6e09\u3059\u308b\u3053\u3068\u3092\u304a\u52e7\u3081\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h3 id=\"arkb-toc-13\" 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class=\"wp-block-heading\"><strong>\u8cc7\u7523\u4fa1\u5024\u3092\u9ad8\u3081\u308b<\/strong><\/h4>\n\n\n\n<p>\u5e74\u500d\u6cd5\u306e\u7b97\u51fa\u65b9\u6cd5\u306f\u3001\u6642\u4fa1\u7d14\u8cc7\u7523\u984d\u306b\u57fa\u6e96\u5229\u76ca\uff08\u55b6\u696d\u5229\u76ca\u30fb\u8a08\u4e0a\u5229\u76ca\u306a\u3069\uff09\u306e\u5e74\u6570\u500d\u7387\u3092\u52a0\u3048\u305f\u3082\u306e\u3001\u306b\u306a\u308a\u307e\u3059\u3002\u7d14\u8cc7\u7523\u984d\u3092\u5897\u3084\u3059\u3053\u3068\u3067\u4f01\u696d\u4fa1\u5024\u304c\u5411\u4e0a\u3059\u308b\u3053\u3068\u306f\u8a00\u3046\u307e\u3067\u3082\u3042\u308a\u307e\u305b\u3093\u304c\u3001\u7d14\u8cc7\u7523\u984d\u306f\u4f01\u696d\u306e\u4e8b\u696d\u6d3b\u52d5\uff08\u5229\u76ca\u3092\u5897\u52a0\u30fb\u8ca0\u50b5\u3092\u6e1b\u5c11\u306a\u3069\uff09\u306e\u84c4\u7a4d\u306b\u3088\u3063\u3066\u5f62\u6210\u3055\u308c\u308b\u305f\u3081\u3001\u77ed\u671f\u9593\u3067\u5897\u52a0\u3055\u305b\u308b\u3053\u3068\u306f\u56f0\u96e3\u3068\u8a00\u3048\u307e\u3059\u3002\u5065\u5168\u306a\u7d4c\u55b6\u3084\u7121\u99c4\u306a\u30b3\u30b9\u30c8\u306e\u524a\u6e1b\u306a\u3069\u3001\u65e5\u3005\u306e\u7a4d\u307f\u91cd\u306d\u304c\u91cd\u8981\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h4 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<\/div> <div class=\"schema-faq-section\" id=\"faq-question-1757555982818\"><strong class=\"schema-faq-question\"><span class=\"arkb-fz arkb-fz-l\">\u8cb7\u3044\u624b\u306f\u3069\u3046\u3084\u3063\u3066\u4f1a\u793e\u306e\u4fa1\u5024\u3092\u8a55\u4fa1\u3059\u308b\u306e\uff1f<\/span><\/strong> <p class=\"schema-faq-answer\">\u8cb7\u3044\u624b\u306f\u3001\u4f1a\u793e\u306e\u7d14\u8cc7\u7523\u3060\u3051\u3067\u306a\u304f\u3001\u5c06\u6765\u3069\u308c\u3060\u3051\u5132\u304b\u308b\u304b\u3001\u6210\u9577\u3059\u308b\u53ef\u80fd\u6027\u3001\u30ea\u30b9\u30af\u3001\u305d\u3057\u3066\u6295\u8cc7\u3057\u305f\u8cc7\u672c\u306b\u5bfe\u3059\u308b\u898b\u8fd4\u308a\uff08ROIC\uff09\u306a\u3069\u3092\u7dcf\u5408\u7684\u306b\u898b\u307e\u3059\u3002\u5e74\u8cb7\u6cd5\uff08\u300c\u7d14\u8cc7\u7523\uff0b\u5e74\u9593\u5229\u76ca\u00d7\u3007\u5e74\u5206\u300d\u3067\u8a08\u7b97\u3059\u308b\u65b9\u6cd5\uff09\u3092\u57fa\u672c\u3068\u3057\u306a\u304c\u3089\u3082\u3001EBITDA\uff08\u7a0e\u5f15\u524d\u5229\u6255\u524d\u511f\u5374\u524d\u5229\u76ca\uff09\u500d\u7387\u306a\u3069\u306e\u6307\u6a19\u3092\u4f7f\u3063\u305f\u30de\u30eb\u30c1\u30d7\u30eb\u6cd5\u3084\u3001\u5c06\u6765\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u4e88\u6e2c\u3059\u308bDCF\uff08\u30c7\u30a3\u30b9\u30ab\u30a6\u30f3\u30c8\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\uff09\u6cd5\u306a\u3069\u3082\u7d44\u307f\u5408\u308f\u305b\u3066\u8a55\u4fa1\u3059\u308b\u3053\u3068\u3082\u73cd\u3057\u304f\u3042\u308a\u307e\u305b\u3093\u3002\u305d\u308c\u305e\u308c\u306e\u65b9\u6cd5\u3067\u51fa\u305f\u7d50\u679c\u306f\u3001\u4f1a\u793e\u306e\u500b\u5225\u306e\u4e8b\u60c5\u306b\u3088\u3063\u3066\u5927\u304d\u304f\u5909\u308f\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1757556009786\"><strong class=\"schema-faq-question\"><span class=\"arkb-fz arkb-fz-l\">\u30de\u30eb\u30c1\u30d7\u30eb\u6cd5\u3063\u3066\u3069\u3093\u306a\u65b9\u6cd5\uff1f<\/span><\/strong> <p class=\"schema-faq-answer\">\u30de\u30eb\u30c1\u30d7\u30eb\u6cd5\u306f\u3001\u4f1a\u793e\u306e\u7279\u5b9a\u306e\u8ca1\u52d9\u6570\u5024\u306b\u4e00\u5b9a\u306e\u500d\u7387\u3092\u304b\u3051\u3066\u4fa1\u5024\u3092\u8a55\u4fa1\u3059\u308b\u65b9\u6cd5\u3067\u3059\u3002\u4f8b\u3048\u3070EBITDA\uff08\u7a0e\u5f15\u524d\u5229\u6255\u524d\u511f\u5374\u524d\u5229\u76ca\uff09\u306b\u696d\u754c\u306e\u76f8\u5834\u500d\u7387\u3092\u304b\u3051\u307e\u3059\u3002EBITDA\u4ee5\u5916\u306b\u3082\u58f2\u4e0a\u9ad8\u3084\u55b6\u696d\u5229\u76ca\u306a\u3069\u304c\u4f7f\u308f\u308c\u308b\u3053\u3068\u3082\u3042\u308a\u307e\u3059\u3002\u696d\u754c\u306e\u76f8\u5834\u3092\u53cd\u6620\u3067\u304d\u308b\u70b9\u304c\u5f37\u307f\u3067\u3059\u304c\u3001\u500b\u5225\u4f1a\u793e\u306e\u7279\u6027\u3092\u5b8c\u5168\u306b\u53cd\u6620\u3059\u308b\u306e\u306f\u96e3\u3057\u3044\u3068\u3044\u3046\u5f31\u70b9\u3082\u3042\u308a\u307e\u3059\u3002<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1757556037131\"><strong class=\"schema-faq-question\"><span class=\"arkb-fz arkb-fz-l\">DCF\u6cd5\u306f\u3069\u3046\u3084\u3063\u3066\u4f1a\u793e\u306e\u4fa1\u5024\u3092\u8a55\u4fa1\u3059\u308b\u306e\uff1f<\/span><\/strong> <p class=\"schema-faq-answer\">DCF\u6cd5\u306f\u3001\u305d\u306e\u4f1a\u793e\u304c\u5c06\u6765\u751f\u307f\u51fa\u3059\u3068\u4e88\u6e2c\u3055\u308c\u308b\u304a\u91d1\uff08\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\uff09\u3092\u73fe\u5728\u306e\u4fa1\u5024\u306b\u63db\u7b97\u3059\u308b\u65b9\u6cd5\u3067\u3059\u3002\u8cb7\u3044\u624b\u306f\u3001\u8b72\u53d7\u3057\u305f\u4f1a\u793e\u304c\u5c06\u6765\u3069\u308c\u3060\u3051\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u3092\u751f\u307f\u51fa\u3059\u304b\u3092\u4e88\u6e2c\u3057\u3001\u305d\u306e\u30ea\u30b9\u30af\u3092\u8003\u616e\u3057\u305f\u5272\u5f15\u7387\u3092\u4f7f\u3063\u3066\u73fe\u5728\u306e\u4fa1\u5024\u3092\u8a08\u7b97\u3057\u307e\u3059\u3002\u5e74\u8cb7\u6cd5\u3067\u306f\u5341\u5206\u306b\u53cd\u6620\u3067\u304d\u306a\u3044\u5c06\u6765\u306e\u6210\u9577\u6027\u3084\u30ea\u30b9\u30af\u3092\u8003\u616e\u3067\u304d\u308b\u305f\u3081\u3001\u7406\u8ad6\u7684\u306a\u8a55\u4fa1\u65b9\u6cd5\u3068\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u305f\u3060\u3057\u3001\u5c06\u6765\u4e88\u6e2c\u3084\u5272\u5f15\u7387\u306e\u8a2d\u5b9a\u304c\u96e3\u3057\u304f\u3001\u5c02\u9580\u7684\u306a\u77e5\u8b58\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1757556076444\"><strong class=\"schema-faq-question\"><span class=\"arkb-fz arkb-fz-l\">\u306a\u305c\u8907\u6570\u306e\u8a55\u4fa1\u65b9\u6cd5\u3092\u7d44\u307f\u5408\u308f\u305b\u308b\u3079\u304d\u306a\u306e\uff1f<\/span><\/strong> <p 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<\/div> <div class=\"schema-faq-section\" id=\"faq-question-1757556224906\"><strong class=\"schema-faq-question\"><span class=\"arkb-fz arkb-fz-l\">\u4f1a\u793e\u306e\u500b\u6027\u306f\u3069\u3046\u8a55\u4fa1\u3055\u308c\u308b\u306e\uff1f<\/span><\/strong> <p 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<\/div> <div class=\"schema-faq-section\" id=\"faq-question-1757556327922\"><strong class=\"schema-faq-question\"><span class=\"arkb-fz arkb-fz-l\">\u4f1a\u793e\u306e\u6210\u9577\u6027\u3084\u5c06\u6765\u6027\u304c\u9ad8\u3044\u3068\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306f\u3069\u3046\u5909\u308f\u308b\uff1f<\/span><\/strong> <p 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<\/div> <div class=\"schema-faq-section\" id=\"faq-question-1757556368809\"><strong class=\"schema-faq-question\"><span class=\"arkb-fz arkb-fz-l\">\u8cb7\u3044\u624b\u304c\u9b45\u529b\u3092\u611f\u3058\u308b\u4f1a\u793e\u306e\u7279\u5fb4\u306f\uff1f<\/span><\/strong> <p class=\"schema-faq-answer\">\u8cb7\u3044\u624b\u306b\u3068\u3063\u3066\u9b45\u529b\u7684\u306a\u4f1a\u793e\u306f\u3001\u9ad8\u3044\u6210\u9577\u6027\u304c\u898b\u8fbc\u3081\u308b\u3060\u3051\u3067\u306a\u304f\u3001\u305d\u306e\u6210\u9577\u306e\u30d6\u30ec\u304c\u5c11\u306a\u304f\u5b89\u5b9a\u3057\u3066\u3044\u308b\u3053\u3068\u3001\u305d\u3057\u3066\u6295\u8cc7\u3057\u305f\u8cc7\u672c\u306b\u5bfe\u3057\u3066\u52b9\u7387\u7684\u306b\u304a\u91d1\u3092\u56de\u53ce\u3067\u304d\u308bROIC\u304c\u9ad8\u3044\u3053\u3068\u3067\u3059\u3002\u307e\u305f\u3001\u5e33\u7c3f\u4e0a\u306e\u5229\u76ca\u304c\u51fa\u3066\u3044\u3066\u3082\u5b9f\u969b\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u304c\u4f34\u3063\u3066\u3044\u306a\u3044\u4f1a\u793e\u306f\u8a55\u4fa1\u304c\u4f4e\u304f\u306a\u308b\u50be\u5411\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u308c\u3089\u306e\u7279\u5fb4\u306f\u5e74\u8cb7\u6cd5\u3060\u3051\u3067\u306f\u5341\u5206\u306b\u8a55\u4fa1\u3067\u304d\u306a\u3044\u305f\u3081\u3001\u30de\u30eb\u30c1\u30d7\u30eb\u6cd5\u3084DCF\u6cd5\u3082\u7d44\u307f\u5408\u308f\u305b\u3066\u7dcf\u5408\u7684\u306b\u8a55\u4fa1\u3057\u307e\u3059\u3002<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1757556417184\"><strong class=\"schema-faq-question\"><span class=\"arkb-fz arkb-fz-l\">\u30b7\u30ca\u30b8\u30fc\u52b9\u679c\u306fM&amp;A\u306e\u8a55\u4fa1\u984d\u306b\u3069\u3046\u5f71\u97ff\u3059\u308b\uff1f<\/span><\/strong> <p class=\"schema-faq-answer\">\u30b7\u30ca\u30b8\u30fc\u52b9\u679c\u3068\u306f\u3001\u8cb7\u3044\u624b\u304c\u81ea\u5206\u306e\u4f1a\u793e\u3068\u8cb7\u3046\u4f1a\u793e\u3092\u7d44\u307f\u5408\u308f\u305b\u308b\u3053\u3068\u3067\u751f\u307e\u308c\u308b\u76f8\u4e57\u52b9\u679c\u306e\u3053\u3068\u3067\u3059\u3002\u30b7\u30ca\u30b8\u30fc\u52b9\u679c\u304c\u5927\u304d\u3044\u3068\u898b\u8fbc\u307e\u308c\u308b\u5834\u5408\u3001\u8cb7\u3044\u624b\u306f\u5358\u72ec\u306e\u4fa1\u5024\u3088\u308a\u3082\u9ad8\u3044\u91d1\u984d\u3067\u8cb7\u53ce\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u4f8b\u3048\u3070\u3001\u8ca9\u58f2\u30c1\u30e3\u30cd\u30eb\u306e\u5171\u6709\u3001\u30b3\u30b9\u30c8\u524a\u6e1b\u3001\u6280\u8853\u306e\u878d\u5408\u306a\u3069\u304c\u30b7\u30ca\u30b8\u30fc\u52b9\u679c\u306e\u4f8b\u3068\u3057\u3066\u6319\u3052\u3089\u308c\u307e\u3059\u3002\u58f2\u308a\u624b\u306f\u3001\u81ea\u793e\u306e\u5f37\u307f\u304c\u8cb7\u3044\u624b\u306e\u4e8b\u696d\u306b\u3069\u306e\u3088\u3046\u306b\u5f79\u7acb\u3064\u304b\u3092\u5177\u4f53\u7684\u306b\u793a\u3059\u3053\u3068\u3067\u3001\u3088\u308a\u9ad8\u3044\u8a55\u4fa1\u3092\u5f15\u304d\u51fa\u3059\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1757556454056\"><strong class=\"schema-faq-question\"><span class=\"arkb-fz arkb-fz-l\">\u3088\u308a\u9ad8\u3044\u8a55\u4fa1\u3092\u5f97\u308b\u306b\u306f\u3069\u3093\u306a\u6e96\u5099\u3084\u4ea4\u6e09\u304c\u91cd\u8981\uff1f<\/span><\/strong> <p class=\"schema-faq-answer\">\u58f2\u308a\u624b\u304c\u3088\u308a\u9ad8\u3044\u8a55\u4fa1\u3092\u5f97\u308b\u305f\u3081\u306b\u306f\u3001\u307e\u305a\u81ea\u793e\u306e\u5f37\u307f\u3084\u5c06\u6765\u6027\u3092\u5ba2\u89b3\u7684\u306b\u5206\u6790\u3057\u3001\u305d\u308c\u3092\u8ad6\u7406\u7684\u306b\u8aac\u660e\u3067\u304d\u308b\u6e96\u5099\u304c\u5fc5\u8981\u3067\u3059\u3002\u5e74\u8cb7\u6cd5\u306e\u57fa\u672c\u7684\u306a\u8003\u3048\u65b9\u3092\u62bc\u3055\u3048\u3064\u3064\u3001\u30de\u30eb\u30c1\u30d7\u30eb\u6cd5\u3084DCF\u6cd5\u7684\u306a\u8996\u70b9\u3082\u7406\u89e3\u3057\u3001\u5c06\u6765\u306e\u6210\u9577\u6226\u7565\u3084\u30b7\u30ca\u30b8\u30fc\u52b9\u679c\u306e\u53ef\u80fd\u6027\u3092\u8cb7\u3044\u624b\u306b\u793a\u3059\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002\u307e\u305f\u3001\u8907\u6570\u306e\u8cb7\u3044\u624b\u5019\u88dc\u3092\u63a2\u3057\u3001\u7af6\u4e89\u74b0\u5883\u3092\u4f5c\u308b\u3053\u3068\u3067\u3001\u3088\u308a\u6709\u5229\u306a\u6761\u4ef6\u3092\u5f15\u304d\u51fa\u3059\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p> <\/div> <\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/mitsukijapan.com\/ma\/valuations\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"400\" height=\"300\" src=\"https:\/\/mitsukijapan.com\/ma\/wp-content\/uploads\/Frame-4.jpg\" alt=\"\" class=\"wp-image-3067\"\/><\/a><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/mitsukijapan.com\/ma\/lp\/01\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"400\" height=\"300\" src=\"https:\/\/mitsukijapan.com\/ma\/wp-content\/uploads\/Frame-3.jpg\" alt=\"\" class=\"wp-image-3068\"\/><\/a><\/figure>\n<\/div>\n<\/div>\n\n\n\n<h2 id=\"arkb-toc-16\" class=\"wp-block-heading\"><strong>\u5e74\u8cb7\u6cd5\uff08\u5e74\u500d\u6cd5\uff09\u306e\u307e\u3068\u3081<\/strong><\/h2>\n\n\n\n<p>\u5e74\u8cb7\u6cd5\u306f\u3001\u6642\u4fa1\u7d14\u8cc7\u7523\u306b\u57fa\u6e96\u5229\u76ca\u306e\u4e00\u822c\u306b3\uff5e5\u5e74\u5206\u3092\u52a0\u7b97\u3057\u3066\u4f01\u696d\u4fa1\u5024\u3092\u7b97\u5b9a\u3059\u308b\u7c21\u4fbf\u306a\u624b\u6cd5\u3067\u3059\u3002\u8a08\u7b97\u304c\u30b7\u30f3\u30d7\u30eb\u3067\u7406\u89e3\u3057\u3084\u3059\u304f\u3001\u4e2d\u5c0f\u4f01\u696dM&amp;A\u3067\u5e83\u304f\u6d3b\u7528\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u305f\u3060\u3057\u3001\u5e74\u6570\u500d\u7387\u306e\u8a2d\u5b9a\u306b\u6063\u610f\u6027\u304c\u3042\u308b\u305f\u3081\u3001DCF\u6cd5\u3084\u30de\u30eb\u30c1\u30d7\u30eb\u6cd5\u306a\u3069\u4ed6\u306e\u8a55\u4fa1\u65b9\u6cd5\u3068\u4f75\u7528\u3057\u3001\u7dcf\u5408\u7684\u306b\u5224\u65ad\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u307f\u3064\u304d\u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u306f\u3001\u7a0e\u7406\u58eb\u6cd5\u4eba\u30b0\u30eb\u30fc\u30d7\u306eM&amp;A\u4ef2\u4ecb\u4f1a\u793e\u3068\u3057\u3066\u3001\u4e2d\u5c0f\u4f01\u696dM&amp;A\u306b\u7279\u5316\u3057\u305f\u8c4a\u5bcc\u306a\u5b9f\u7e3e\u3092\u6301\u3064\u30a2\u30c9\u30d0\u30a4\u30b6\u30fc\u304c\u591a\u6570\u5728\u7c4d\u3057\u3066\u3044\u307e\u3059\u3002\u7a0e\u52d9\u9762\u3084\u6cd5\u5f8b\u9762\u306e\u30b5\u30dd\u30fc\u30c8\u3082\u30ef\u30f3\u30b9\u30c8\u30c3\u30d7\u3067\u5bfe\u5fdc\u53ef\u80fd\u3067\u3059\u3002M&amp;A\u3092\u3054\u691c\u8a0e\u306e\u969b\u306f\u3001\u3054\u76f8\u8ac7\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-35d6ba0785dbc0629f8ad4f810c4ee46\"><a href=\"https:\/\/mitsukijapan.com\/ma\/lp\/01\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-arkb-anchor-color\">\u5b8c\u5168\u6210\u529f\u5831\u916c\u306eM&amp;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<div class=\"cta-btns\">\n    <div class=\"contact-btn\">\n        <div class=\"micro-copy\">\u3054\u8b72\u6e21\u3092\u691c\u8a0e\u3055\u308c\u308b\u65b9<\/div>\n        <a href=\"\/ma\/contact\/\">\u4eca\u3059\u3050\u7121\u6599\u76f8\u8ac7\u3059\u308b<\/a>\n    <\/div>\n    <div>\n        <div class=\"download-btn\">\n            <div class=\"micro-copy\">M&#038;A\u306e\u91cd\u8981\u30dd\u30a4\u30f3\u30c8\u8cc7\u6599<\/div>\n            <a href=\"\/ma\/document-request\/\">\u7121\u6599\u3067\u30c0\u30a6\u30f3\u30ed\u30fc\u30c9\u3059\u308b<\/a>\n        <\/div>\n    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