{
 "schema_version": 1,
 "id": "3952-20250203",
 "type": "TOB",
 "status": "completed",
 "announced_date": "2025-02-03",
 "target": {
  "edinet_code": "E00681",
  "sec_code": "3952",
  "name": "中央紙器工業株式会社",
  "name_en": "CHUOH PACK INDUSTRY CO.,LTD.",
  "industry": "パルプ・紙",
  "industry_en": "Pulp & Paper"
 },
 "acquirer": {
  "edinet_code": "E04191",
  "sec_code": "9072",
  "name": "ニッコンホールディングス株式会社",
  "name_en": "NIKKON Holdings Co.,Ltd.",
  "industry": "陸運業",
  "industry_en": "Land Transportation"
 },
 "anchor_doc_id": "S100V66P",
 "needs_review": false,
 "review_reason": null,
 "terms": {
  "tender_price": {
   "history": [
    {
     "value": 5034,
     "unit": "yen",
     "as_of_date": null,
     "source": {
      "doc_id": "S100V66P",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V66P.pdf",
      "submitted": "2025-02-03",
      "quote": "公開買付者は2025年１月31日、本公開買付価格を5,034円として本公開買付けを実施することを決定し"
     }
    }
   ],
   "latest": {
    "value": 5034,
    "unit": "yen",
    "as_of_date": null,
    "source": {
     "doc_id": "S100V66P",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V66P.pdf",
     "submitted": "2025-02-03",
     "quote": "公開買付者は2025年１月31日、本公開買付価格を5,034円として本公開買付けを実施することを決定し"
    }
   }
  },
  "min_shares": {
   "history": [
    {
     "value": 2111300,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100V66P",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V66P.pdf",
      "submitted": "2025-02-03",
      "quote": "応募株券等の総数が買付予定数の下限(2,111,300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": 2111300,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100V66P",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V66P.pdf",
     "submitted": "2025-02-03",
     "quote": "応募株券等の総数が買付予定数の下限(2,111,300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": 3536102,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VFG4",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VFG4.pdf",
      "submitted": "2025-03-19",
      "quote": "応募株券等の数の合計( 3,536,102 株)が買付予定数の下限(2,111,300株)以上となりました"
     }
    }
   ],
   "latest": {
    "value": 3536102,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100VFG4",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VFG4.pdf",
     "submitted": "2025-03-19",
     "quote": "応募株券等の数の合計( 3,536,102 株)が買付予定数の下限(2,111,300株)以上となりました"
    }
   }
  },
  "result": {
   "history": [
    {
     "value": "成立",
     "unit": "text",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VFG4",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VFG4.pdf",
      "submitted": "2025-03-19",
      "quote": "応募株券等の数の合計( 3,536,102 株)が買付予定数の下限(2,111,300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(その後提出された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": "S100VFG4",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VFG4.pdf",
     "submitted": "2025-03-19",
     "quote": "応募株券等の数の合計( 3,536,102 株)が買付予定数の下限(2,111,300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(その後提出された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": 273.17,
   "unit": "percent",
   "as_of_date": "2025-01-30",
   "source": {
    "doc_id": "S100V68D",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
    "submitted": "2025-02-03",
    "quote": "2025年１月30日の当社株式の名古屋証券取引所メイン市場における終値1,349円に対して273.17％"
   },
   "basis": "前営業日終値",
   "basis_en": "Closing price on the business day before announcement"
  },
  {
   "value": 275.11,
   "unit": "percent",
   "as_of_date": "2025-01-30",
   "source": {
    "doc_id": "S100V68D",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
    "submitted": "2025-02-03",
    "quote": "直近１ヶ月間の終値の単純平均値1,342円に対して275.11％"
   },
   "basis": "過去1ヶ月間の終値単純平均値",
   "basis_en": "1-month simple average closing price"
  },
  {
   "value": 280.5,
   "unit": "percent",
   "as_of_date": "2025-01-30",
   "source": {
    "doc_id": "S100V68D",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
    "submitted": "2025-02-03",
    "quote": "直近３ヶ月間の終値の単純平均値1,323円に対して280.50％"
   },
   "basis": "過去3ヶ月間の終値単純平均値",
   "basis_en": "3-month simple average closing price"
  },
  {
   "value": 277.93,
   "unit": "percent",
   "as_of_date": "2025-01-30",
   "source": {
    "doc_id": "S100V68D",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
    "submitted": "2025-02-03",
    "quote": "直近６ヶ月間の終値の単純平均値1,332円に対して277.93％"
   },
   "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": "S100V68D",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
    "submitted": "2025-02-03",
    "quote": "当社の事業に関心を示すと考えられる複数の事業会社及び投資ファンドを対象として、当社株式の非公開化を前提とした本入札プロセスを実施することが望ましいとの判断に至りました。"
   }
  },
  "discount_tob": {
   "value": false,
   "source": null
  },
  "acquirer_type": {
   "value": "strategic",
   "source": {
    "doc_id": "S100V68D",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
    "submitted": "2025-02-03",
    "quote": "当社と同様に梱包事業を営む公開買付者に当社が関心を示しており、公開買付者を本第一次入札プロセスに招聘する意向であるとの連絡を受けたとのことです。"
   }
  },
  "auction": {
   "value": true,
   "source": {
    "doc_id": "S100V68D",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
    "submitted": "2025-02-03",
    "quote": "当社の事業に関心を示していると考えられる複数の事業会社及び投資ファンドを対象とする当社株式の非公開化を前提とした当社主導の入札手続（以下「本入札プロセス」といいます。）の実施が望ましいとの判断に至りました。"
   }
  },
  "competing_offer": {
   "value": false,
   "source": null
  },
  "special_committee": {
   "value": true,
   "source": {
    "doc_id": "S100V68D",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
    "submitted": "2025-02-03",
    "quote": "当社の独立社外取締役である堀池覚氏（堀池産業株式会社 代表取締役社長）及び当社の独立社外監査役である齋藤清貴氏（弁護士・齋藤清貴法律事務所）、並びに外部有識者である仁科秀隆氏（弁護士・中村・角田・松本法律事務所）及び鏡高志氏（公認会計士・高野総合コンサルティング株式会社 代表取締役）の４名から構成される特別委員会（以下「本特別委員会」といいます。）を設置し"
   }
  },
  "sc_own_valuer": null,
  "fairness_opinions": [],
  "proposals": [
   {
    "date": null,
    "price": 4824,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100V68D",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
     "submitted": "2025-02-03",
     "quote": "この際、公開買付者は、当社に対して、非公開化を前提として、当社の株式価値を230億円（当社株式１株あたり株式価値4,631円）とし、本公開買付価格を4,824円、本自己株式取得価格を4,024円とすることを含む本公開買付価格等の諸条件についての記載を含む法的拘束力を有する最終意向表明書を提出し"
    }
   },
   {
    "date": "2024-12-17",
    "price": 5034,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100V68D",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
     "submitted": "2025-02-03",
     "quote": "その後、同月17日に、当社の株式価値を240億円（当社株式１株あたり株式価値4,832円）とし、本公開買付価格を5,034円、本自己株式取得価格を4,197円とすることを含む本公開買付価格等の諸条件についての記載を含む法的拘束力を有する本最終意向表明書を再提出しております。"
    }
   }
  ],
  "initial_offer": 4824,
  "offer_raise_pct": 4.35,
  "offer_rounds": 2,
  "negotiation_excluded": null,
  "category": "delisting",
  "category_basis": "filing"
 },
 "valuations": [
  {
   "valuator": "三菱UFJモルガン・スタンレー証券株式会社",
   "valuator_as_written": "三菱UFJモルガン・スタンレー証券株式会社",
   "valuator_en": "Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.",
   "side": "acquirer",
   "method": "comparable",
   "method_label": "類似企業比較法",
   "method_en": "Comparable companies method",
   "metrics": {
    "per_share_value": {
     "low": 2443,
     "high": 3191,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100V68D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
      "submitted": "2025-02-03",
      "quote": "類似企業比較法 2,443円～3,191円"
     }
    }
   }
  },
  {
   "valuator": "三菱UFJモルガン・スタンレー証券株式会社",
   "valuator_as_written": "三菱UFJモルガン・スタンレー証券株式会社",
   "valuator_en": "Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.",
   "side": "acquirer",
   "method": "dcf",
   "method_label": "DCF法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 4356,
     "high": 4975,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100V68D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
      "submitted": "2025-02-03",
      "quote": "ＤＣＦ法 4,356円～4,975円"
     }
    }
   }
  },
  {
   "valuator": "三菱UFJモルガン・スタンレー証券株式会社",
   "valuator_as_written": "三菱UFJモルガン・スタンレー証券株式会社",
   "valuator_en": "Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.",
   "side": "acquirer",
   "method": "market_price",
   "method_label": "市場株価基準法",
   "method_en": "Market price method",
   "metrics": {
    "per_share_value": {
     "low": 1323,
     "high": 1349,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100V68D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
      "submitted": "2025-02-03",
      "quote": "市場株価基準法 1,323円～1,349円"
     }
    }
   }
  },
  {
   "valuator": "野村證券株式会社",
   "valuator_as_written": "野村證券株式会社",
   "valuator_en": "Nomura Securities 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": 657,
     "high": 2696,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100V68D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
      "submitted": "2025-02-03",
      "quote": "類似会社比較法 657円～2,696円"
     }
    }
   }
  },
  {
   "valuator": "野村證券株式会社",
   "valuator_as_written": "野村證券株式会社",
   "valuator_en": "Nomura Securities Co., Ltd.",
   "side": "target",
   "method": "dcf",
   "method_label": "DCF法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 2629,
     "high": 4817,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100V68D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
      "submitted": "2025-02-03",
      "quote": "ＤＣＦ法 2,629円～4,817円"
     }
    }
   }
  },
  {
   "valuator": "野村證券株式会社",
   "valuator_as_written": "野村證券株式会社",
   "valuator_en": "Nomura Securities 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": 1322,
     "high": 1354,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100V68D",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf",
      "submitted": "2025-02-03",
      "quote": "市場株価平均法 1,322円～1,354円"
     }
    }
   }
  }
 ],
 "timeline": [
  {
   "date": "2025-02-03",
   "doc_id": "S100V66P",
   "doc_type_code": "240",
   "doc_type": "公開買付届出書",
   "filer": "ニッコンホールディングス株式会社",
   "filer_en": "NIKKON Holdings Co.,Ltd.",
   "description": "公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V66P.pdf"
  },
  {
   "date": "2025-02-03",
   "doc_id": "S100V68D",
   "doc_type_code": "290",
   "doc_type": "意見表明報告書",
   "filer": "中央紙器工業株式会社",
   "filer_en": "CHUOH PACK INDUSTRY CO.,LTD.",
   "description": "意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V68D.pdf"
  },
  {
   "date": "2025-02-20",
   "doc_id": "S100V9TU",
   "doc_type_code": "250",
   "doc_type": "訂正公開買付届出書",
   "filer": "ニッコンホールディングス株式会社",
   "filer_en": "NIKKON Holdings Co.,Ltd.",
   "description": "訂正公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100V9TU.pdf"
  },
  {
   "date": "2025-03-19",
   "doc_id": "S100VFG4",
   "doc_type_code": "270",
   "doc_type": "公開買付報告書",
   "filer": "ニッコンホールディングス株式会社",
   "filer_en": "NIKKON Holdings Co.,Ltd.",
   "description": "公開買付報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VFG4.pdf"
  }
 ],
 "related": [],
 "flags": [],
 "unverified_count": 0
}