{
 "schema_version": 1,
 "id": "4384-20251212",
 "type": "MBO",
 "status": "completed",
 "announced_date": "2025-12-12",
 "target": {
  "edinet_code": "E33966",
  "sec_code": "4384",
  "name": "ラクスル株式会社",
  "name_en": "RAKSUL INC.",
  "industry": "情報・通信業",
  "industry_en": "Information & Communication"
 },
 "acquirer": {
  "edinet_code": "E41262",
  "sec_code": null,
  "name": "R1株式会社",
  "name_en": "R1 Co., Ltd.",
  "industry": "内国法人・組合（有価証券報告書等の提出義務者以外）",
  "industry_en": null
 },
 "anchor_doc_id": "S100XA5P",
 "needs_review": false,
 "review_reason": null,
 "terms": {
  "tender_price": {
   "history": [
    {
     "value": 1710,
     "unit": "yen",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XA5P",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA5P.pdf",
      "submitted": "2025-12-12",
      "quote": "本公開買付価格を1,710円と決定しております。"
     }
    },
    {
     "value": 1900,
     "unit": "yen",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XMGV",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XMGV.pdf",
      "submitted": "2026-02-19",
      "quote": "2026年２月19日、本公開買付価格を1,710円から1,900円に変更すること"
     }
    }
   ],
   "latest": {
    "value": 1900,
    "unit": "yen",
    "as_of_date": null,
    "source": {
     "doc_id": "S100XMGV",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XMGV.pdf",
     "submitted": "2026-02-19",
     "quote": "2026年２月19日、本公開買付価格を1,710円から1,900円に変更すること"
    }
   }
  },
  "min_shares": {
   "history": [
    {
     "value": 39699100,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XA5P",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA5P.pdf",
      "submitted": "2025-12-12",
      "quote": "買付予定数の下限を39,699,100株（所有割合：66.60％）と設定しており"
     }
    }
   ],
   "latest": {
    "value": 39699100,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100XA5P",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA5P.pdf",
     "submitted": "2025-12-12",
     "quote": "買付予定数の下限を39,699,100株（所有割合：66.60％）と設定しており"
    }
   }
  },
  "is_mbo": {
   "history": [
    {
     "value": "該当",
     "unit": "text",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XA5P",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA5P.pdf",
      "submitted": "2025-12-12",
      "quote": "本取引がＭＢＯに該当し"
     }
    }
   ],
   "latest": {
    "value": "該当",
    "unit": "text",
    "as_of_date": null,
    "source": {
     "doc_id": "S100XA5P",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA5P.pdf",
     "submitted": "2025-12-12",
     "quote": "本取引がＭＢＯに該当し"
    }
   }
  },
  "period_start": {
   "history": [
    {
     "value": "2025-12-12",
     "unit": "date",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XJ8D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XJ8D.pdf",
      "submitted": "2026-02-04",
      "quote": "買付け等の期間 2025年12月12日（金曜日）から2026年２月19日（木曜日）まで（43営業日）"
     }
    }
   ],
   "latest": {
    "value": "2025-12-12",
    "unit": "date",
    "as_of_date": null,
    "source": {
     "doc_id": "S100XJ8D",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XJ8D.pdf",
     "submitted": "2026-02-04",
     "quote": "買付け等の期間 2025年12月12日（金曜日）から2026年２月19日（木曜日）まで（43営業日）"
    }
   }
  },
  "period_end": {
   "history": [
    {
     "value": "2026-02-19",
     "unit": "date",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XJ8D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XJ8D.pdf",
      "submitted": "2026-02-04",
      "quote": "買付け等の期間 2025年12月12日（金曜日）から2026年２月19日（木曜日）まで（43営業日）"
     }
    },
    {
     "value": "2026-03-09",
     "unit": "date",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XMGV",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XMGV.pdf",
      "submitted": "2026-02-19",
      "quote": "買付け等の期間 2025年12月12日（金曜日）から2026年３月９日（月曜日）まで（54営業日）"
     }
    },
    {
     "value": "2026-03-10",
     "unit": "date",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XMYS",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XMYS.pdf",
      "submitted": "2026-02-24",
      "quote": "買付け等の期間 2025年12月12日（金曜日）から2026年３月10日（火曜日）まで（55営業日）"
     }
    }
   ],
   "latest": {
    "value": "2026-03-10",
    "unit": "date",
    "as_of_date": null,
    "source": {
     "doc_id": "S100XMYS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XMYS.pdf",
     "submitted": "2026-02-24",
     "quote": "買付け等の期間 2025年12月12日（金曜日）から2026年３月10日（火曜日）まで（55営業日）"
    }
   }
  },
  "period_business_days": {
   "history": [
    {
     "value": 43,
     "unit": "business_days",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XJ8D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XJ8D.pdf",
      "submitted": "2026-02-04",
      "quote": "買付け等の期間 2025年12月12日（金曜日）から2026年２月19日（木曜日）まで（43営業日）"
     }
    },
    {
     "value": 54,
     "unit": "business_days",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XMGV",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XMGV.pdf",
      "submitted": "2026-02-19",
      "quote": "買付け等の期間 2025年12月12日（金曜日）から2026年３月９日（月曜日）まで（54営業日）"
     }
    },
    {
     "value": 55,
     "unit": "business_days",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XMYS",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XMYS.pdf",
      "submitted": "2026-02-24",
      "quote": "買付け等の期間 2025年12月12日（金曜日）から2026年３月10日（火曜日）まで（55営業日）"
     }
    }
   ],
   "latest": {
    "value": 55,
    "unit": "business_days",
    "as_of_date": null,
    "source": {
     "doc_id": "S100XMYS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XMYS.pdf",
     "submitted": "2026-02-24",
     "quote": "買付け等の期間 2025年12月12日（金曜日）から2026年３月10日（火曜日）まで（55営業日）"
    }
   }
  },
  "tendered_shares": {
   "history": [
    {
     "value": 52783190,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XQ6B",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XQ6B.pdf",
      "submitted": "2026-03-11",
      "quote": "応募株券等の総数（52,783,190株）"
     }
    }
   ],
   "latest": {
    "value": 52783190,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100XQ6B",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XQ6B.pdf",
     "submitted": "2026-03-11",
     "quote": "応募株券等の総数（52,783,190株）"
    }
   }
  },
  "result": {
   "history": [
    {
     "value": "成立",
     "unit": "text",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XQ6B",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XQ6B.pdf",
      "submitted": "2026-03-11",
      "quote": "応募株券等の総数（52,783,190株）が買付予定数の下限（39,699,100株）以上となりましたので、公開買付開始公告及び公開買付届出書（その後の公開買付届出書の訂正届出書により訂正された事項を含みます。）に記載のとおり、応募株券等の全部の買付け等を行います。"
     }
    }
   ],
   "latest": {
    "value": "成立",
    "unit": "text",
    "as_of_date": null,
    "source": {
     "doc_id": "S100XQ6B",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XQ6B.pdf",
     "submitted": "2026-03-11",
     "quote": "応募株券等の総数（52,783,190株）が買付予定数の下限（39,699,100株）以上となりましたので、公開買付開始公告及び公開買付届出書（その後の公開買付届出書の訂正届出書により訂正された事項を含みます。）に記載のとおり、応募株券等の全部の買付け等を行います。"
    }
   }
  }
 },
 "premiums": [
  {
   "value": 52,
   "unit": "percent",
   "as_of_date": "2025-12-10",
   "source": {
    "doc_id": "S100XN8V",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XN8V.pdf",
    "submitted": "2026-02-25",
    "quote": "2025年12月10日の東京証券取引所プライム市場における当社株式の終値1,250円に対して52.00％"
   },
   "basis": "前営業日終値",
   "basis_en": "Closing price on the business day before announcement"
  },
  {
   "value": 59.93,
   "unit": "percent",
   "as_of_date": "2025-12-10",
   "source": {
    "doc_id": "S100XN8V",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XN8V.pdf",
    "submitted": "2026-02-25",
    "quote": "直近１ヶ月間の終値単純平均値1,188円に対して59.93％"
   },
   "basis": "過去1ヶ月間の終値単純平均値",
   "basis_en": "1-month simple average closing price"
  },
  {
   "value": 65.07,
   "unit": "percent",
   "as_of_date": "2025-12-10",
   "source": {
    "doc_id": "S100XN8V",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XN8V.pdf",
    "submitted": "2026-02-25",
    "quote": "直近３ヶ月間の終値単純平均値1,151円に対して65.07％"
   },
   "basis": "過去3ヶ月間の終値単純平均値",
   "basis_en": "3-month simple average closing price"
  },
  {
   "value": 58.73,
   "unit": "percent",
   "as_of_date": "2025-12-10",
   "source": {
    "doc_id": "S100XN8V",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XN8V.pdf",
    "submitted": "2026-02-25",
    "quote": "直近６ヶ月間の終値単純平均値1,197円に対して58.73％"
   },
   "basis": "過去6ヶ月間の終値単純平均値",
   "basis_en": "6-month simple average closing price"
  }
 ],
 "valuations": [
  {
   "valuator": "株式会社プルータス・コンサルティング",
   "valuator_as_written": "株式会社プルータス・コンサルティング",
   "valuator_en": "Plutus Consulting Co., Ltd.",
   "side": "special_committee",
   "method": "comparable",
   "method_label": "類似会社比較法",
   "method_en": "Comparable companies method",
   "metrics": {
    "per_share_value": {
     "low": 636,
     "high": 946,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100XA6D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA6D.pdf",
      "submitted": "2025-12-12",
      "quote": "類似会社比較法：636円から946円"
     }
    }
   }
  },
  {
   "valuator": "株式会社プルータス・コンサルティング",
   "valuator_as_written": "株式会社プルータス・コンサルティング",
   "valuator_en": "Plutus Consulting Co., Ltd.",
   "side": "special_committee",
   "method": "dcf",
   "method_label": "ＤＣＦ法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 1155,
     "high": 1847,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100XA6D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA6D.pdf",
      "submitted": "2025-12-12",
      "quote": "ＤＣＦ法 ：1,155円から1,847円"
     }
    },
    "discount_rate": {
     "low": 7,
     "high": 9.1,
     "unit": "percent",
     "source": {
      "doc_id": "S100XA6D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA6D.pdf",
      "submitted": "2025-12-12",
      "quote": "割引率は加重平均資本コストとし、7.0％から9.1％を採用しております"
     }
    }
   }
  },
  {
   "valuator": "株式会社プルータス・コンサルティング",
   "valuator_as_written": "株式会社プルータス・コンサルティング",
   "valuator_en": "Plutus Consulting Co., Ltd.",
   "side": "special_committee",
   "method": "market_price",
   "method_label": "市場株価法",
   "method_en": "Market price method",
   "metrics": {
    "per_share_value": {
     "low": 1151,
     "high": 1250,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100XA6D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA6D.pdf",
      "submitted": "2025-12-12",
      "quote": "市場株価法 ：1,151円から1,250円"
     }
    }
   }
  },
  {
   "valuator": "株式会社KPMG FAS",
   "valuator_as_written": "株式会社KPMG FAS",
   "valuator_en": "KPMG FAS Co., Ltd.",
   "side": "target",
   "method": "dcf",
   "method_label": "ＤＣＦ法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 1436,
     "high": 1951,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100XA6D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA6D.pdf",
      "submitted": "2025-12-12",
      "quote": "ＤＣＦ法 ：1,436円から1,951円"
     }
    },
    "discount_rate": {
     "low": 7.9,
     "high": 8.9,
     "unit": "percent",
     "source": {
      "doc_id": "S100XA6D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA6D.pdf",
      "submitted": "2025-12-12",
      "quote": "7.9％～8.9％を使用しております"
     }
    },
    "perpetual_growth_rate": {
     "low": 0.5,
     "high": 1.5,
     "unit": "percent",
     "source": {
      "doc_id": "S100XA6D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA6D.pdf",
      "submitted": "2025-12-12",
      "quote": "成長率を0.5％～1.5％として"
     }
    }
   }
  },
  {
   "valuator": "株式会社KPMG FAS",
   "valuator_as_written": "株式会社KPMG FAS",
   "valuator_en": "KPMG FAS Co., Ltd.",
   "side": "target",
   "method": "market_price",
   "method_label": "市場株価平均法",
   "method_en": "Market price method",
   "metrics": {
    "per_share_value": {
     "low": 1151,
     "high": 1250,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100XA6D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA6D.pdf",
      "submitted": "2025-12-12",
      "quote": "市場株価平均法：1,151円から1,250円"
     }
    }
   }
  }
 ],
 "timeline": [
  {
   "date": "2025-12-12",
   "doc_id": "S100XA5P",
   "doc_type_code": "240",
   "doc_type": "公開買付届出書",
   "filer": "R1株式会社",
   "filer_en": "R1 Co., Ltd.",
   "description": "公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA5P.pdf"
  },
  {
   "date": "2025-12-12",
   "doc_id": "S100XA6D",
   "doc_type_code": "290",
   "doc_type": "意見表明報告書",
   "filer": "ラクスル株式会社",
   "filer_en": "RAKSUL INC.",
   "description": "意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XA6D.pdf"
  },
  {
   "date": "2026-02-04",
   "doc_id": "S100XJ8D",
   "doc_type_code": "250",
   "doc_type": "訂正公開買付届出書",
   "filer": "R1株式会社",
   "filer_en": "R1 Co., Ltd.",
   "description": "訂正公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XJ8D.pdf"
  },
  {
   "date": "2026-02-04",
   "doc_id": "S100XJ4E",
   "doc_type_code": "300",
   "doc_type": "訂正意見表明報告書",
   "filer": "ラクスル株式会社",
   "filer_en": "RAKSUL INC.",
   "description": "訂正意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XJ4E.pdf"
  },
  {
   "date": "2026-02-19",
   "doc_id": "S100XMGV",
   "doc_type_code": "250",
   "doc_type": "訂正公開買付届出書",
   "filer": "R1株式会社",
   "filer_en": "R1 Co., Ltd.",
   "description": "訂正公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XMGV.pdf"
  },
  {
   "date": "2026-02-20",
   "doc_id": "S100XM5L",
   "doc_type_code": "300",
   "doc_type": "訂正意見表明報告書",
   "filer": "ラクスル株式会社",
   "filer_en": "RAKSUL INC.",
   "description": "訂正意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XM5L.pdf"
  },
  {
   "date": "2026-02-24",
   "doc_id": "S100XMYS",
   "doc_type_code": "250",
   "doc_type": "訂正公開買付届出書",
   "filer": "R1株式会社",
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