Anshin Guarantor Service Co.,Ltd. tender offer
ID: 7183-20260513 / Deal data (JSON)
Overview
- Target
- Anshin Guarantor Service Co.,Ltd. (7183)
- Sector
- Other Financing Business
- Acquirer
- Muninova Holdings Inc.
- Type
- TOB
- Status
- Closed
- Tender offer filing date
- 2026-05-13 Open on EDINET
Offer terms
| Item | Value | History |
|---|---|---|
| Offer price per common share | ¥257 [1] | — |
| Minimum shares | 5,186,700 shares [2] | — |
| Shares tendered | 7,100,712 shares [3] | — |
| Result | Successful [4] | — |
Premiums (as stated in filings)
| Basis | As of | Value |
|---|---|---|
| Closing price on the business day before announcement | 2026-05-11 | 46.0%[5] |
| 1-month simple average closing price | 2026-05-11 | 45.2%[6] |
| 3-month simple average closing price | 2026-05-11 | 40.4%[7] |
| 6-month simple average closing price | 2026-05-11 | 53.0%[8] |
Premiums are as stated in the filings (not recalculated from market prices).
Valuations
| Valuer | Engaged by | Method | Value per share | Discount rate | Perpetual growth rate |
|---|---|---|---|---|---|
| SBI Securities Co., Ltd. | Acquirer | Comparable companies method | ¥147 〜 ¥432[9] | — | — |
| SBI Securities Co., Ltd. | Acquirer | DCF method | ¥239 〜 ¥304[10] | — | — |
| SBI Securities Co., Ltd. | Acquirer | Market price method (市場株価法) | ¥168 〜 ¥183[11] | — | — |
| Yamada Consulting Group Co., Ltd. | Target | DCF method | ¥240 〜 ¥304[12] | 8.2% 〜 9.2%[13] | 0.0% 〜 1.0%[14] |
| Yamada Consulting Group Co., Ltd. | Target | Market price method (市場株価法) | ¥168 〜 ¥183[15] | — | — |
Timeline (filings)
| Filing | Date | Filer | docID |
|---|---|---|---|
| Tender Offer Registration Statement | 2026-05-13 | Muninova Holdings Inc. | S100Y3N3 |
| Position Statement | 2026-05-13 | Anshin Guarantor Service Co.,Ltd. | S100Y3OQ |
| Amended Tender Offer Registration Statement | 2026-06-18 | Muninova Holdings Inc. | S100YEBH |
| Tender Offer Report | 2026-07-03 | Muninova Holdings Inc. | S100YOR2 |
Sources
- Tender Offer Registration Statement (S100Y3N3) 2026-05-13
Original text (Japanese): 本公開買付価格を257円として、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
- Tender Offer Registration Statement (S100Y3N3) 2026-05-13
Original text (Japanese): 応募株券等の数の合計が買付予定数の下限(5,186,700株)に満たない場合は、応募株券等の全部の買付け等を行いません。
- Tender Offer Report (S100YOR2) 2026-07-03
Original text (Japanese): 応募株券等の数の合計(7,100,712株)
- Tender Offer Report (S100YOR2) 2026-07-03
Original text (Japanese): 応募株券等の数の合計(7,100,712株)が買付予定数の下限(5,186,700株)以上となりましたので
- Position Statement (S100Y3OQ) 2026-05-13
Original text (Japanese): 本公開買付けの公表日の前営業日である2026年5月11日の東京証券取引所スタンダード市場における当社株式の終値176円に対して46.02%
- Position Statement (S100Y3OQ) 2026-05-13
Original text (Japanese): 過去1ヶ月間の終値単純平均値177円に対して45.20%
- Position Statement (S100Y3OQ) 2026-05-13
Original text (Japanese): 過去3ヶ月間の終値単純平均値183円に対して40.44%
- Position Statement (S100Y3OQ) 2026-05-13
Original text (Japanese): 過去6ヶ月間の終値単純平均値168円に対して52.98%
- Position Statement (S100Y3OQ) 2026-05-13
Original text (Japanese): 類似会社比較法 :147円~432円
- Position Statement (S100Y3OQ) 2026-05-13
Original text (Japanese): DCF法 :239円~304円
- Position Statement (S100Y3OQ) 2026-05-13
Original text (Japanese): 市場株価法 :168円~183円
- Position Statement (S100Y3OQ) 2026-05-13
Original text (Japanese): DCF法 :240円~304円
- Position Statement (S100Y3OQ) 2026-05-13
Original text (Japanese): 割引率は自己資本コストを採用し、8.15%から9.15%を採用しており
- Position Statement (S100Y3OQ) 2026-05-13
Original text (Japanese): 永久成長率を0.00%から1.00%として
- Position Statement (S100Y3OQ) 2026-05-13
Original text (Japanese): 当社株式の1株当たりの株式価値の範囲を168円から183円までと算定しております。