{
 "schema_version": 1,
 "id": "9927-20260216",
 "type": "MBO",
 "status": "completed",
 "announced_date": "2026-02-16",
 "target": {
  "edinet_code": "E03186",
  "sec_code": "9927",
  "name": "株式会社ワットマン",
  "name_en": "WATT MANN CO., LTD.",
  "industry": "小売業",
  "industry_en": "Retail Trade"
 },
 "acquirer": {
  "edinet_code": "E41454",
  "sec_code": null,
  "name": "IAPF3株式会社",
  "name_en": "IAPF3 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": "S100XLLL",
 "needs_review": false,
 "review_reason": null,
 "terms": {
  "tender_price": {
   "history": [
    {
     "value": 972,
     "unit": "yen",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XLLL",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLLL.pdf",
      "submitted": "2026-02-16",
      "quote": "公開買付者は2026年２月13日、本公開買付価格を972円とし、本取引の一環として本公開買付けを実施することを決定いたしました。"
     }
    }
   ],
   "latest": {
    "value": 972,
    "unit": "yen",
    "as_of_date": null,
    "source": {
     "doc_id": "S100XLLL",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLLL.pdf",
     "submitted": "2026-02-16",
     "quote": "公開買付者は2026年２月13日、本公開買付価格を972円とし、本取引の一環として本公開買付けを実施することを決定いたしました。"
    }
   }
  },
  "min_shares": {
   "history": [
    {
     "value": 3592600,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XLLL",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLLL.pdf",
      "submitted": "2026-02-16",
      "quote": "公開買付者は、買付予定数の下限を3,592,600株(所有割合：41.06％)と設定しており"
     }
    }
   ],
   "latest": {
    "value": 3592600,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100XLLL",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLLL.pdf",
     "submitted": "2026-02-16",
     "quote": "公開買付者は、買付予定数の下限を3,592,600株(所有割合：41.06％)と設定しており"
    }
   }
  },
  "is_mbo": {
   "history": [
    {
     "value": "該当",
     "unit": "text",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XLLL",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLLL.pdf",
      "submitted": "2026-02-16",
      "quote": "本取引は、いわゆるマネジメント・バイアウト(MBO)(注１)に該当し"
     }
    }
   ],
   "latest": {
    "value": "該当",
    "unit": "text",
    "as_of_date": null,
    "source": {
     "doc_id": "S100XLLL",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLLL.pdf",
     "submitted": "2026-02-16",
     "quote": "本取引は、いわゆるマネジメント・バイアウト(MBO)(注１)に該当し"
    }
   }
  },
  "tendered_shares": {
   "history": [
    {
     "value": 6258008,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XWRM",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XWRM.pdf",
      "submitted": "2026-04-03",
      "quote": "応募株券等の総数(6,258,008株)"
     }
    }
   ],
   "latest": {
    "value": 6258008,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100XWRM",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XWRM.pdf",
     "submitted": "2026-04-03",
     "quote": "応募株券等の総数(6,258,008株)"
    }
   }
  },
  "result": {
   "history": [
    {
     "value": "成立",
     "unit": "text",
     "as_of_date": null,
     "source": {
      "doc_id": "S100XWRM",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XWRM.pdf",
      "submitted": "2026-04-03",
      "quote": "応募株券等の総数(6,258,008株)が買付予定数の下限(3,592,600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": "S100XWRM",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XWRM.pdf",
     "submitted": "2026-04-03",
     "quote": "応募株券等の総数(6,258,008株)が買付予定数の下限(3,592,600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": 24.62,
   "unit": "percent",
   "as_of_date": "2026-02-12",
   "source": {
    "doc_id": "S100XLMZ",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
    "submitted": "2026-02-16",
    "quote": "終値780円に対して24.62％"
   },
   "basis": "前営業日終値",
   "basis_en": "Closing price on the business day before announcement"
  },
  {
   "value": 31.35,
   "unit": "percent",
   "as_of_date": "2026-02-12",
   "source": {
    "doc_id": "S100XLMZ",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
    "submitted": "2026-02-16",
    "quote": "同日までの過去１ヶ月間の終値単純平均値740円に対して31.35％"
   },
   "basis": "過去1ヶ月間の終値単純平均値",
   "basis_en": "1-month simple average closing price"
  },
  {
   "value": 30.47,
   "unit": "percent",
   "as_of_date": "2026-02-12",
   "source": {
    "doc_id": "S100XLMZ",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
    "submitted": "2026-02-16",
    "quote": "同日までの過去３ヶ月間の終値単純平均値745円に対して30.47％"
   },
   "basis": "過去3ヶ月間の終値単純平均値",
   "basis_en": "3-month simple average closing price"
  },
  {
   "value": 28.91,
   "unit": "percent",
   "as_of_date": "2026-02-12",
   "source": {
    "doc_id": "S100XLMZ",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
    "submitted": "2026-02-16",
    "quote": "同日までの過去６ヶ月間の終値単純平均値754円に対して28.91％"
   },
   "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": "類似企業比較法",
   "method_en": "Comparable companies method",
   "metrics": {
    "per_share_value": {
     "low": 536,
     "high": 807,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100XLMZ",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
      "submitted": "2026-02-16",
      "quote": "類似企業比較法 ：536円～807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": 837,
     "high": 1254,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100XLMZ",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
      "submitted": "2026-02-16",
      "quote": "DCF法 ：837円～1,254円"
     }
    },
    "discount_rate": {
     "low": 6.6,
     "high": 8.2,
     "unit": "percent",
     "source": {
      "doc_id": "S100XLMZ",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
      "submitted": "2026-02-16",
      "quote": "割引率は加重平均資本コストを採用し、6.6％から8.2％を採用しており"
     }
    },
    "perpetual_growth_rate": {
     "low": 0,
     "high": 0,
     "unit": "percent",
     "source": {
      "doc_id": "S100XLMZ",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
      "submitted": "2026-02-16",
      "quote": "永久成長率を０％とし"
     }
    }
   }
  },
  {
   "valuator": "山田コンサルティンググループ株式会社",
   "valuator_as_written": "山田コンサルティンググループ株式会社",
   "valuator_en": "Yamada Consulting Group Co., Ltd.",
   "side": "target",
   "method": "comparable",
   "method_label": "類似会社比較法",
   "method_en": "Comparable companies method",
   "metrics": {
    "per_share_value": {
     "low": 719,
     "high": 789,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100XLMZ",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
      "submitted": "2026-02-16",
      "quote": "類似会社比較法 ：719円～789円"
     }
    }
   }
  },
  {
   "valuator": "山田コンサルティンググループ株式会社",
   "valuator_as_written": "山田コンサルティンググループ株式会社",
   "valuator_en": "Yamada Consulting Group Co., Ltd.",
   "side": "target",
   "method": "dcf",
   "method_label": "DCF法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 860,
     "high": 1089,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100XLMZ",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
      "submitted": "2026-02-16",
      "quote": "DCF法 ：860円～1,089円"
     }
    },
    "discount_rate": {
     "low": 8.53,
     "high": 9.53,
     "unit": "percent",
     "source": {
      "doc_id": "S100XLMZ",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
      "submitted": "2026-02-16",
      "quote": "割引率は加重平均資本コストを採用し、8.53％から9.53％を採用しております。"
     }
    },
    "perpetual_growth_rate": {
     "low": 0,
     "high": 1,
     "unit": "percent",
     "source": {
      "doc_id": "S100XLMZ",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
      "submitted": "2026-02-16",
      "quote": "永久成長率を0.00％から1.00％として"
     }
    }
   }
  },
  {
   "valuator": "山田コンサルティンググループ株式会社",
   "valuator_as_written": "山田コンサルティンググループ株式会社",
   "valuator_en": "Yamada Consulting Group Co., Ltd.",
   "side": "target",
   "method": "market_price",
   "method_label": "市場株価法",
   "method_en": "Market price method",
   "metrics": {
    "per_share_value": {
     "low": 740,
     "high": 780,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100XLMZ",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf",
      "submitted": "2026-02-16",
      "quote": "市場株価法 ：740円～780円"
     }
    }
   }
  }
 ],
 "timeline": [
  {
   "date": "2026-02-16",
   "doc_id": "S100XLLL",
   "doc_type_code": "240",
   "doc_type": "公開買付届出書",
   "filer": "IAPF3株式会社",
   "filer_en": "IAPF3 Co., Ltd.",
   "description": "公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLLL.pdf"
  },
  {
   "date": "2026-02-16",
   "doc_id": "S100XLMZ",
   "doc_type_code": "290",
   "doc_type": "意見表明報告書",
   "filer": "株式会社ワットマン",
   "filer_en": "WATT MANN CO., LTD.",
   "description": "意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XLMZ.pdf"
  },
  {
   "date": "2026-04-03",
   "doc_id": "S100XWRM",
   "doc_type_code": "270",
   "doc_type": "公開買付報告書",
   "filer": "IAPF3株式会社",
   "filer_en": "IAPF3 Co., Ltd.",
   "description": "公開買付報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XWRM.pdf"
  }
 ],
 "flags": [],
 "unverified_count": 0
}