{
 "schema_version": 1,
 "id": "2487-20240809",
 "type": "TOB",
 "status": "completed",
 "announced_date": "2024-08-09",
 "target": {
  "edinet_code": "E05598",
  "sec_code": "2487",
  "name": "株式会社CDG",
  "name_en": "CDG Co.,Ltd.",
  "industry": "サービス業",
  "industry_en": "Services"
 },
 "acquirer": {
  "edinet_code": "E05199",
  "sec_code": "4286",
  "name": "株式会社CLホールディングス",
  "name_en": "CL Holdings Inc.",
  "industry": "サービス業",
  "industry_en": "Services"
 },
 "anchor_doc_id": "S100U7IC",
 "needs_review": false,
 "review_reason": null,
 "terms": {
  "tender_price": {
   "history": [
    {
     "value": 1680,
     "unit": "yen",
     "as_of_date": null,
     "source": {
      "doc_id": "S100U7IC",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7IC.pdf",
      "submitted": "2024-08-09",
      "quote": "本公開買付価格を1,680円とする本公開買付けを行うことを"
     }
    }
   ],
   "latest": {
    "value": 1680,
    "unit": "yen",
    "as_of_date": null,
    "source": {
     "doc_id": "S100U7IC",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7IC.pdf",
     "submitted": "2024-08-09",
     "quote": "本公開買付価格を1,680円とする本公開買付けを行うことを"
    }
   }
  },
  "min_shares": {
   "history": [
    {
     "value": 1275495,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100U7IC",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7IC.pdf",
      "submitted": "2024-08-09",
      "quote": "応募株券等の総数が買付予定数の下限(1,275,495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。"
     }
    }
   ],
   "latest": {
    "value": 1275495,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100U7IC",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7IC.pdf",
     "submitted": "2024-08-09",
     "quote": "応募株券等の総数が買付予定数の下限(1,275,495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。"
    }
   }
  },
  "tendered_shares": {
   "history": [
    {
     "value": 2729003,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100UF9H",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UF9H.pdf",
      "submitted": "2024-09-25",
      "quote": "応募株券等の総数(2,729,003株)"
     }
    }
   ],
   "latest": {
    "value": 2729003,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100UF9H",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UF9H.pdf",
     "submitted": "2024-09-25",
     "quote": "応募株券等の総数(2,729,003株)"
    }
   }
  },
  "result": {
   "history": [
    {
     "value": "成立",
     "unit": "text",
     "as_of_date": null,
     "source": {
      "doc_id": "S100UF9H",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UF9H.pdf",
      "submitted": "2024-09-25",
      "quote": "応募株券等の総数(2,729,003株)が買付予定数の下限(1,275,495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": "S100UF9H",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UF9H.pdf",
     "submitted": "2024-09-25",
     "quote": "応募株券等の総数(2,729,003株)が買付予定数の下限(1,275,495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": 39.88,
   "unit": "percent",
   "as_of_date": "2024-08-07",
   "source": {
    "doc_id": "S100U7JB",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
    "submitted": "2024-08-09",
    "quote": "本公開買付けの実施についての公表日の前営業日である2024年８月７日の当社株式の東京証券取引所スタンダード市場における終値1,201円に対して39.88％"
   },
   "basis": "前営業日終値",
   "basis_en": "Closing price on the business day before announcement"
  },
  {
   "value": 33.76,
   "unit": "percent",
   "as_of_date": "2024-08-07",
   "source": {
    "doc_id": "S100U7JB",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
    "submitted": "2024-08-09",
    "quote": "同日までの過去１か月間の終値単純平均値1,256円に対して33.76％"
   },
   "basis": "過去1ヶ月間の終値単純平均値",
   "basis_en": "1-month simple average closing price"
  },
  {
   "value": 31.76,
   "unit": "percent",
   "as_of_date": "2024-08-07",
   "source": {
    "doc_id": "S100U7JB",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
    "submitted": "2024-08-09",
    "quote": "同日までの過去３か月間の終値単純平均値1,275円に対して31.76％"
   },
   "basis": "過去3ヶ月間の終値単純平均値",
   "basis_en": "3-month simple average closing price"
  },
  {
   "value": 32.39,
   "unit": "percent",
   "as_of_date": "2024-08-07",
   "source": {
    "doc_id": "S100U7JB",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
    "submitted": "2024-08-09",
    "quote": "同日までの過去６か月間の終値単純平均値1,269円に対して32.39％"
   },
   "basis": "過去6ヶ月間の終値単純平均値",
   "basis_en": "6-month simple average closing price"
  }
 ],
 "profile": {
  "extracted": true,
  "listing": {
   "value": "delist",
   "source": {
    "doc_id": "S100U7JB",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
    "submitted": "2024-08-09",
    "quote": "本公開買付けにより当社株式の全て（但し、公開買付者が所有する当社株式及び当社が所有する自己株式を除きます。）を取得できなかった場合には、下記「(5）本公開買付け後の組織再編等の方針（いわゆる二段階買収に関する事項）」の「①株式交換」に記載の株式交換（以下「本株式交換」といいます。）を実施することにより、当社株式の全て（但し、公開買付者が所有する当社株式及び当社が所有する自己株式を除きます。）を取得する予定とのことです"
   }
  },
  "discount_tob": {
   "value": false,
   "source": null
  },
  "acquirer_type": {
   "value": "parent",
   "source": {
    "doc_id": "S100U7JB",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
    "submitted": "2024-08-09",
    "quote": "公開買付者の当社株式の所有割合が44.21％に留まる状況において公開買付者から当社に経営資源を提供する場合には"
   }
  },
  "auction": {
   "value": false,
   "source": null
  },
  "competing_offer": {
   "value": false,
   "source": null
  },
  "special_committee": {
   "value": true,
   "source": {
    "doc_id": "S100U7JB",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
    "submitted": "2024-08-09",
    "quote": "2024年６月６日開催の取締役会における決議により、大坪教光氏（当社社外監査役(常勤)）、剱持健氏（当社社外取締役・公認会計士）、宗次涼子氏（当社社外取締役）の３名から構成される本特別委員会を設置し"
   }
  },
  "sc_own_valuer": null,
  "fairness_opinions": [],
  "proposals": [
   {
    "date": null,
    "price": 1500,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100U7JB",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
     "submitted": "2024-08-09",
     "quote": "本公開買付価格を1,500円とする旨の提案を行いました（以下「第１回提案」といいます。）"
    }
   },
   {
    "date": "2024-07-29",
    "price": 1600,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100U7JB",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
     "submitted": "2024-08-09",
     "quote": "2024年７月29日、本事業計画を過去の実績に照らして見直した上で改めて株式価値評価を行い、本公開買付価格を1,600円"
    }
   },
   {
    "date": "2024-08-02",
    "price": 1650,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100U7JB",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
     "submitted": "2024-08-09",
     "quote": "2024年８月２日、本事業計画や資産を改めて評価して株式価値を算定し、本公開買付価格を1,650円"
    }
   },
   {
    "date": "2024-08-06",
    "price": 1680,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100U7JB",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
     "submitted": "2024-08-09",
     "quote": "2024年８月６日、本公開買付価格を1,680円"
    }
   }
  ],
  "initial_offer": 1500,
  "offer_raise_pct": 12,
  "offer_rounds": 4,
  "negotiation_excluded": null,
  "category": "delisting",
  "category_basis": "filing"
 },
 "valuations": [
  {
   "valuator": "株式会社SBI証券",
   "valuator_as_written": "SBI証券",
   "valuator_en": "SBI Securities Co., Ltd.",
   "side": "acquirer",
   "method": "comparable",
   "method_label": "類似会社比較法",
   "method_en": "Comparable companies method",
   "metrics": {
    "per_share_value": {
     "low": 1047,
     "high": 1067,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100U7JB",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
      "submitted": "2024-08-09",
      "quote": "当社株式１株当たりの株式価値の範囲を1,047円から1,067円と算定しているとのことです"
     }
    }
   }
  },
  {
   "valuator": "株式会社SBI証券",
   "valuator_as_written": "SBI証券",
   "valuator_en": "SBI Securities Co., Ltd.",
   "side": "acquirer",
   "method": "dcf",
   "method_label": "ＤＣＦ法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 1616,
     "high": 1834,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100U7JB",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
      "submitted": "2024-08-09",
      "quote": "当社株式１株当たりの株式価値の範囲を1,616円から1,834円までと算定しているとのことです"
     }
    }
   }
  },
  {
   "valuator": "株式会社SBI証券",
   "valuator_as_written": "SBI証券",
   "valuator_en": "SBI Securities Co., Ltd.",
   "side": "acquirer",
   "method": "market_price",
   "method_label": "市場株価法",
   "method_en": "Market price method",
   "metrics": {
    "per_share_value": {
     "low": 1201,
     "high": 1275,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100U7JB",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
      "submitted": "2024-08-09",
      "quote": "当社株式１株当たりの株式価値の範囲を1,201円から1,275円までと算定しているとのことです"
     }
    }
   }
  },
  {
   "valuator": "株式会社アイ・アール ジャパン",
   "valuator_as_written": "株式会社アイ・アール ジャパン",
   "valuator_en": "IR Japan 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": 1268,
     "high": 1657,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100U7JB",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
      "submitted": "2024-08-09",
      "quote": "当社株式の1株当たりの株式価値の範囲を1,268円～1,657円と算定しております"
     }
    }
   }
  },
  {
   "valuator": "株式会社アイ・アール ジャパン",
   "valuator_as_written": "株式会社アイ・アール ジャパン",
   "valuator_en": "IR Japan Co., Ltd.",
   "side": "target",
   "method": "dcf",
   "method_label": "ＤＣＦ法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 1530,
     "high": 1774,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100U7JB",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
      "submitted": "2024-08-09",
      "quote": "当社株式の1株当たり株式価値の範囲を1,530円～1,774円と算定しております"
     }
    },
    "discount_rate": {
     "low": 12.1,
     "high": 15.1,
     "unit": "percent",
     "source": {
      "doc_id": "S100U7JB",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
      "submitted": "2024-08-09",
      "quote": "割引率12.1％～15.1％を採用しており"
     }
    },
    "perpetual_growth_rate": {
     "low": 0,
     "high": 0,
     "unit": "percent",
     "source": {
      "doc_id": "S100U7JB",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
      "submitted": "2024-08-09",
      "quote": "永久成長率は0％として当社株式の1株当たり株式価値を算定しております"
     }
    }
   }
  },
  {
   "valuator": "株式会社アイ・アール ジャパン",
   "valuator_as_written": "株式会社アイ・アール ジャパン",
   "valuator_en": "IR Japan 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": 1201,
     "high": 1275,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100U7JB",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf",
      "submitted": "2024-08-09",
      "quote": "当社株式の１株当たりの株式価値の範囲を1,201円～1,275円と算定しております"
     }
    }
   }
  }
 ],
 "timeline": [
  {
   "date": "2024-08-09",
   "doc_id": "S100U7IC",
   "doc_type_code": "240",
   "doc_type": "公開買付届出書",
   "filer": "株式会社CLホールディングス",
   "filer_en": "CL Holdings Inc.",
   "description": "公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7IC.pdf"
  },
  {
   "date": "2024-08-09",
   "doc_id": "S100U7JB",
   "doc_type_code": "290",
   "doc_type": "意見表明報告書",
   "filer": "株式会社CDG",
   "filer_en": "CDG Co.,Ltd.",
   "description": "意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100U7JB.pdf"
  },
  {
   "date": "2024-09-25",
   "doc_id": "S100UF9H",
   "doc_type_code": "270",
   "doc_type": "公開買付報告書",
   "filer": "株式会社CLホールディングス",
   "filer_en": "CL Holdings Inc.",
   "description": "公開買付報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UF9H.pdf"
  }
 ],
 "related": [],
 "flags": [],
 "unverified_count": 0
}