{
 "schema_version": 1,
 "id": "3347-20250515",
 "type": "TOB",
 "status": "completed",
 "announced_date": "2025-05-15",
 "target": {
  "edinet_code": "E02977",
  "sec_code": "3347",
  "name": "株式会社トラスト",
  "name_en": "TRUST CO., LTD.",
  "industry": "小売業",
  "industry_en": "Retail Trade"
 },
 "acquirer": {
  "edinet_code": "E02889",
  "sec_code": "7593",
  "name": "VTホールディングス株式会社",
  "name_en": "VT HOLDINGS CO.,LTD.",
  "industry": "小売業",
  "industry_en": "Retail Trade"
 },
 "anchor_doc_id": "S100VRJE",
 "needs_review": false,
 "review_reason": null,
 "terms": {
  "tender_price": {
   "history": [
    {
     "value": 410,
     "unit": "yen",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VRJE",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRJE.pdf",
      "submitted": "2025-05-15",
      "quote": "本公開買付価格を410円とし、本公開買付けを実施することを決定いたしました。"
     }
    }
   ],
   "latest": {
    "value": 410,
    "unit": "yen",
    "as_of_date": null,
    "source": {
     "doc_id": "S100VRJE",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRJE.pdf",
     "submitted": "2025-05-15",
     "quote": "本公開買付価格を410円とし、本公開買付けを実施することを決定いたしました。"
    }
   }
  }
 },
 "premiums": [
  {
   "value": 38.98,
   "unit": "percent",
   "as_of_date": "2025-05-13",
   "source": {
    "doc_id": "S100VRM8",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
    "submitted": "2025-05-15",
    "quote": "2025年５月13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295円に対して38.98％"
   },
   "basis": "前営業日終値",
   "basis_en": "Closing price on the business day before announcement"
  },
  {
   "value": 41.87,
   "unit": "percent",
   "as_of_date": "2025-05-13",
   "source": {
    "doc_id": "S100VRM8",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
    "submitted": "2025-05-15",
    "quote": "同日までの直近１ヶ月間の終値単純平均値289円に対して41.87％"
   },
   "basis": "過去1ヶ月間の終値単純平均値",
   "basis_en": "1-month simple average closing price"
  },
  {
   "value": 42.86,
   "unit": "percent",
   "as_of_date": "2025-05-13",
   "source": {
    "doc_id": "S100VRM8",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
    "submitted": "2025-05-15",
    "quote": "直近３ヶ月間の終値単純平均値287円に対して42.86％"
   },
   "basis": "過去3ヶ月間の終値単純平均値",
   "basis_en": "3-month simple average closing price"
  },
  {
   "value": 41.87,
   "unit": "percent",
   "as_of_date": "2025-05-13",
   "source": {
    "doc_id": "S100VRM8",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
    "submitted": "2025-05-15",
    "quote": "直近６ヶ月間の終値単純平均値289円に対して41.87％のプレミアムがそれぞれ加えられた価格であり"
   },
   "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": "S100VRM8",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
    "submitted": "2025-05-15",
    "quote": "本公開買付けの成立後に、下記「(4）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）」に記載の本スクイーズアウト手続を実施することとなった場合には、所定の手続を経て上場廃止となります。"
   }
  },
  "discount_tob": {
   "value": false,
   "source": null
  },
  "acquirer_type": {
   "value": "parent",
   "source": {
    "doc_id": "S100VRM8",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
    "submitted": "2025-05-15",
    "quote": "公開買付者が当社の支配株主に該当するため"
   }
  },
  "auction": {
   "value": false,
   "source": null
  },
  "competing_offer": {
   "value": false,
   "source": null
  },
  "special_committee": {
   "value": true,
   "source": {
    "doc_id": "S100VRM8",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
    "submitted": "2025-05-15",
    "quote": "小出修平氏（当社独立社外監査役）の３名によって構成される特別委員会（以下「本特別委員会」といいます。）"
   }
  },
  "sc_own_valuer": null,
  "fairness_opinions": [],
  "proposals": [
   {
    "date": null,
    "price": 415,
    "proposer": "target_or_committee",
    "source": {
     "doc_id": "S100VRM8",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
     "submitted": "2025-05-15",
     "quote": "当社から、当該提案価格は、当社の企業価値及び少数株主の利益保護に鑑み不十分であることから、本公開買付価格を１株当たり415円とする旨の対案の提示を受けたとのことです。"
    }
   },
   {
    "date": null,
    "price": 415,
    "proposer": "target_or_committee",
    "source": {
     "doc_id": "S100VRM8",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
     "submitted": "2025-05-15",
     "quote": "当社から、少数株主の利益に最大限配慮すべく、当社の最終提案として本公開買付価格を１株当たり415円とする旨の再度の要請を受けたとのことです。"
    }
   },
   {
    "date": "2025-04-15",
    "price": 382,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VRM8",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
     "submitted": "2025-05-15",
     "quote": "2025年４月15日、当社に対して本公開買付けにおける買付け等の価格（以下「本公開買付価格」といいます。）を１株当たり382円"
    }
   },
   {
    "date": "2025-04-22",
    "price": 397,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VRM8",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
     "submitted": "2025-05-15",
     "quote": "2025年４月22日、当社に対して、本公開買付価格を１株当たり397円"
    }
   },
   {
    "date": "2025-04-24",
    "price": 402,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VRM8",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
     "submitted": "2025-05-15",
     "quote": "2025年４月24日、当社に対して、本公開買付価格を１株当たり402円"
    }
   },
   {
    "date": "2025-05-02",
    "price": 404,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VRM8",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
     "submitted": "2025-05-15",
     "quote": "2025年５月２日、当社に対して、本公開買付価格を１株当たり404円"
    }
   },
   {
    "date": "2025-05-09",
    "price": 410,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VRM8",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
     "submitted": "2025-05-15",
     "quote": "2025年５月９日、当社に対して、本公開買付価格を１株当たり410円"
    }
   }
  ],
  "initial_offer": 382,
  "offer_raise_pct": 7.33,
  "offer_rounds": 5,
  "negotiation_excluded": null,
  "category": "delisting",
  "category_basis": "filing"
 },
 "valuations": [
  {
   "valuator": "東海東京証券株式会社",
   "valuator_as_written": "東海東京証券株式会社",
   "valuator_en": "Tokai Tokyo Securities Co., Ltd.",
   "side": "acquirer",
   "method": "dcf",
   "method_label": "ＤＣＦ法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 88,
     "high": 611,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100VRM8",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
      "submitted": "2025-05-15",
      "quote": "DCF法 ：88円～611円"
     }
    }
   }
  },
  {
   "valuator": "東海東京証券株式会社",
   "valuator_as_written": "東海東京証券株式会社",
   "valuator_en": "Tokai Tokyo 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": 287,
     "high": 295,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100VRM8",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
      "submitted": "2025-05-15",
      "quote": "対象者株式１株当たりの株式価値の範囲を287円から295円までと算定しているとのことです。"
     }
    }
   }
  },
  {
   "valuator": "株式会社AGS FAS",
   "valuator_as_written": "株式会社AGS FAS",
   "valuator_en": "AGS FAS Co., Ltd.",
   "side": "target",
   "method": "dcf",
   "method_label": "ＤＣＦ法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 219,
     "high": 426,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100VRM8",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
      "submitted": "2025-05-15",
      "quote": "DCF法 ：219円～426円"
     }
    }
   }
  },
  {
   "valuator": "株式会社AGS FAS",
   "valuator_as_written": "株式会社AGS FAS",
   "valuator_en": "AGS FAS Co., Ltd.",
   "side": "target",
   "method": "market_price",
   "method_label": "市場株価法",
   "method_en": "Market price method",
   "metrics": {
    "per_share_value": {
     "low": 287,
     "high": 295,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100VRM8",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf",
      "submitted": "2025-05-15",
      "quote": "市場株価法：287円～295円"
     }
    }
   }
  }
 ],
 "timeline": [
  {
   "date": "2025-05-15",
   "doc_id": "S100VRJE",
   "doc_type_code": "240",
   "doc_type": "公開買付届出書",
   "filer": "VTホールディングス株式会社",
   "filer_en": "VT HOLDINGS CO.,LTD.",
   "description": "公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRJE.pdf"
  },
  {
   "date": "2025-05-15",
   "doc_id": "S100VRM8",
   "doc_type_code": "290",
   "doc_type": "意見表明報告書",
   "filer": "株式会社トラスト",
   "filer_en": "TRUST CO., LTD.",
   "description": "意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRM8.pdf"
  },
  {
   "date": "2025-06-23",
   "doc_id": "S100VRK6",
   "doc_type_code": "250",
   "doc_type": "訂正公開買付届出書",
   "filer": "VTホールディングス株式会社",
   "filer_en": "VT HOLDINGS CO.,LTD.",
   "description": "訂正公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VRK6.pdf"
  },
  {
   "date": "2025-06-27",
   "doc_id": "S100W8R7",
   "doc_type_code": "250",
   "doc_type": "訂正公開買付届出書",
   "filer": "VTホールディングス株式会社",
   "filer_en": "VT HOLDINGS CO.,LTD.",
   "description": "訂正公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100W8R7.pdf"
  },
  {
   "date": "2025-07-14",
   "doc_id": "S100WCVT",
   "doc_type_code": "270",
   "doc_type": "公開買付報告書",
   "filer": "VTホールディングス株式会社",
   "filer_en": "VT HOLDINGS CO.,LTD.",
   "description": "公開買付報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WCVT.pdf"
  }
 ],
 "related": [],
 "flags": [],
 "unverified_count": 0
}