{
 "schema_version": 1,
 "id": "4464-20250916",
 "type": "TOB",
 "status": "completed",
 "announced_date": "2025-09-16",
 "target": {
  "edinet_code": "E01057",
  "sec_code": "4464",
  "name": "株式会社ソフト99コーポレーション",
  "name_en": "SOFT99corporation",
  "industry": "化学",
  "industry_en": "Chemicals"
 },
 "acquirer": {
  "edinet_code": "E41015",
  "sec_code": null,
  "name": "ECM Master Fund SPV 3",
  "name_en": "ECM Master Fund SPV 3",
  "industry": "外国法人・組合（有価証券報告書等の提出義務者以外）",
  "industry_en": null
 },
 "anchor_doc_id": "S100WP08",
 "needs_review": false,
 "review_reason": null,
 "terms": {
  "tender_price": {
   "history": [
    {
     "value": 4100,
     "unit": "yen",
     "as_of_date": null,
     "source": {
      "doc_id": "S100WP08",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WP08.pdf",
      "submitted": "2025-09-16",
      "quote": "対象者普通株式１株につき4,100円という本公開買付価格が妥当であると判断いたしました"
     }
    }
   ],
   "latest": {
    "value": 4100,
    "unit": "yen",
    "as_of_date": null,
    "source": {
     "doc_id": "S100WP08",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WP08.pdf",
     "submitted": "2025-09-16",
     "quote": "対象者普通株式１株につき4,100円という本公開買付価格が妥当であると判断いたしました"
    }
   }
  },
  "min_shares": {
   "history": [
    {
     "value": 6163300,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100WP08",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WP08.pdf",
      "submitted": "2025-09-16",
      "quote": "本公開買付けにおいては、買付予定数の下限を6,163,300株(所有割合：28.54％)に設定しており"
     }
    }
   ],
   "latest": {
    "value": 6163300,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100WP08",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WP08.pdf",
     "submitted": "2025-09-16",
     "quote": "本公開買付けにおいては、買付予定数の下限を6,163,300株(所有割合：28.54％)に設定しており"
    }
   }
  },
  "period_start": {
   "history": [
    {
     "value": "2025-09-16",
     "unit": "date",
     "as_of_date": null,
     "source": {
      "doc_id": "S100WXFF",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WXFF.pdf",
      "submitted": "2025-10-29",
      "quote": "買付け等の期間 2025年９月16日(火曜日)から2025年11月13日(木曜日)まで(40営業日)"
     }
    }
   ],
   "latest": {
    "value": "2025-09-16",
    "unit": "date",
    "as_of_date": null,
    "source": {
     "doc_id": "S100WXFF",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WXFF.pdf",
     "submitted": "2025-10-29",
     "quote": "買付け等の期間 2025年９月16日(火曜日)から2025年11月13日(木曜日)まで(40営業日)"
    }
   }
  },
  "period_end": {
   "history": [
    {
     "value": "2025-11-13",
     "unit": "date",
     "as_of_date": null,
     "source": {
      "doc_id": "S100WXFF",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WXFF.pdf",
      "submitted": "2025-10-29",
      "quote": "買付け等の期間 2025年９月16日(火曜日)から2025年11月13日(木曜日)まで(40営業日)"
     }
    }
   ],
   "latest": {
    "value": "2025-11-13",
    "unit": "date",
    "as_of_date": null,
    "source": {
     "doc_id": "S100WXFF",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WXFF.pdf",
     "submitted": "2025-10-29",
     "quote": "買付け等の期間 2025年９月16日(火曜日)から2025年11月13日(木曜日)まで(40営業日)"
    }
   }
  },
  "period_business_days": {
   "history": [
    {
     "value": 40,
     "unit": "business_days",
     "as_of_date": null,
     "source": {
      "doc_id": "S100WXFF",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WXFF.pdf",
      "submitted": "2025-10-29",
      "quote": "買付け等の期間 2025年９月16日(火曜日)から2025年11月13日(木曜日)まで(40営業日)"
     }
    }
   ],
   "latest": {
    "value": 40,
    "unit": "business_days",
    "as_of_date": null,
    "source": {
     "doc_id": "S100WXFF",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WXFF.pdf",
     "submitted": "2025-10-29",
     "quote": "買付け等の期間 2025年９月16日(火曜日)から2025年11月13日(木曜日)まで(40営業日)"
    }
   }
  },
  "tendered_shares": {
   "history": [
    {
     "value": 6767917,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100X4HW",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100X4HW.pdf",
      "submitted": "2025-11-14",
      "quote": "応募株券等の総数( 6,767,917 株)"
     }
    }
   ],
   "latest": {
    "value": 6767917,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100X4HW",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100X4HW.pdf",
     "submitted": "2025-11-14",
     "quote": "応募株券等の総数( 6,767,917 株)"
    }
   }
  },
  "result": {
   "history": [
    {
     "value": "成立",
     "unit": "text",
     "as_of_date": null,
     "source": {
      "doc_id": "S100X4HW",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100X4HW.pdf",
      "submitted": "2025-11-14",
      "quote": "応募株券等の総数( 6,767,917 株)が買付予定数の下限(6,163,300株)以上となりましたので"
     }
    }
   ],
   "latest": {
    "value": "成立",
    "unit": "text",
    "as_of_date": null,
    "source": {
     "doc_id": "S100X4HW",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100X4HW.pdf",
     "submitted": "2025-11-14",
     "quote": "応募株券等の総数( 6,767,917 株)が買付予定数の下限(6,163,300株)以上となりましたので"
    }
   }
  }
 },
 "premiums": [
  {
   "value": 66.5,
   "unit": "percent",
   "as_of_date": null,
   "source": {
    "doc_id": "S100WRSV",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WRSV.pdf",
    "submitted": "2025-09-26",
    "quote": "本公開買付けの公表日の前営業日の東証スタンダード市場における当社株式の終値2,462円に対して66.5％"
   },
   "basis": "前営業日終値",
   "basis_en": "Closing price on the business day before announcement"
  },
  {
   "value": 66.3,
   "unit": "percent",
   "as_of_date": null,
   "source": {
    "doc_id": "S100WRSV",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WRSV.pdf",
    "submitted": "2025-09-26",
    "quote": "過去１ヶ月間の終値単純平均値2,465円に対して66.3％"
   },
   "basis": "過去1ヶ月間の終値単純平均値",
   "basis_en": "1-month simple average closing price"
  },
  {
   "value": 112,
   "unit": "percent",
   "as_of_date": null,
   "source": {
    "doc_id": "S100WRSV",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WRSV.pdf",
    "submitted": "2025-09-26",
    "quote": "過去３ヶ月間の終値単純平均値1,934円に対して112.0％"
   },
   "basis": "過去3ヶ月間の終値単純平均値",
   "basis_en": "3-month simple average closing price"
  },
  {
   "value": 129.7,
   "unit": "percent",
   "as_of_date": null,
   "source": {
    "doc_id": "S100WRSV",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WRSV.pdf",
    "submitted": "2025-09-26",
    "quote": "過去６ヶ月間の終値単純平均値1,785円に対して129.7％"
   },
   "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": "unknown",
   "source": {
    "doc_id": "S100WPSL",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WPSL.pdf",
    "submitted": "2025-09-18",
    "quote": "当社としては、本公開買付けが成立した場合には、本スクイーズアウト手続が実施されず、かつ、流通株式比率が東京証券取引所の上場維持基準を満たさない程度まで下落する可能性が否定できないと考えております。"
   }
  },
  "discount_tob": {
   "value": false,
   "source": null
  },
  "acquirer_type": {
   "value": "financial_sponsor",
   "source": {
    "doc_id": "S100WPSL",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WPSL.pdf",
    "submitted": "2025-09-18",
    "quote": "名称 ECM マスター ファンド SPV ３"
   }
  },
  "auction": {
   "value": false,
   "source": null
  },
  "competing_offer": {
   "value": true,
   "source": {
    "doc_id": "S100WPSL",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WPSL.pdf",
    "submitted": "2025-09-18",
    "quote": "現在、当社の普通株式（以下「当社株式」といいます。）に対しては、2025年８月７日より、堯アセットマネジメント株式会社（以下「本ＭＢＯ公開買付者」といいます。）による公開買付け（以下「本ＭＢＯ公開買付け」といいます。）が実施されているところ"
   }
  },
  "special_committee": {
   "value": false,
   "source": null
  },
  "sc_own_valuer": null,
  "fairness_opinions": [],
  "proposals": [],
  "initial_offer": null,
  "offer_raise_pct": null,
  "offer_rounds": null,
  "negotiation_excluded": null,
  "category": "delisting",
  "category_basis": "terms"
 },
 "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": "dcf",
   "method_label": "DCF法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": null,
     "high": 3155,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100WP08",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WP08.pdf",
      "submitted": "2025-09-16",
      "quote": "対象者特別委員会が第三者算定機関として選任した株式会社プルータス・コンサルティングのDCF法による株式価値算定結果の上限である3,155円"
     }
    }
   }
  },
  {
   "valuator": "株式会社KPMG FAS",
   "valuator_as_written": "株式会社KPMG FAS",
   "valuator_en": "KPMG FAS Co., Ltd.",
   "side": "target",
   "method": "dcf",
   "method_label": "DCF法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": null,
     "high": 2893,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100WP08",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WP08.pdf",
      "submitted": "2025-09-16",
      "quote": "対象者が第三者算定機関として選任した株式会社KPMG FASのDCF法による株式価値算定結果の上限である2,893円"
     }
    }
   }
  }
 ],
 "timeline": [
  {
   "date": "2025-09-16",
   "doc_id": "S100WP08",
   "doc_type_code": "240",
   "doc_type": "公開買付届出書",
   "filer": "ECM Master Fund SPV 3",
   "filer_en": "ECM Master Fund SPV 3",
   "description": "公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WP08.pdf"
  },
  {
   "date": "2025-09-18",
   "doc_id": "S100WPSL",
   "doc_type_code": "290",
   "doc_type": "意見表明報告書",
   "filer": "株式会社ソフト99コーポレーション",
   "filer_en": "SOFT99corporation",
   "description": "意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WPSL.pdf"
  },
  {
   "date": "2025-09-26",
   "doc_id": "S100WRSV",
   "doc_type_code": "300",
   "doc_type": "訂正意見表明報告書",
   "filer": "株式会社ソフト99コーポレーション",
   "filer_en": "SOFT99corporation",
   "description": "訂正意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WRSV.pdf"
  },
  {
   "date": "2025-10-01",
   "doc_id": "S100WSNW",
   "doc_type_code": "250",
   "doc_type": "訂正公開買付届出書",
   "filer": "ECM Master Fund SPV 3",
   "filer_en": "ECM Master Fund SPV 3",
   "description": "訂正公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WSNW.pdf"
  },
  {
   "date": "2025-10-29",
   "doc_id": "S100WXFF",
   "doc_type_code": "250",
   "doc_type": "訂正公開買付届出書",
   "filer": "ECM Master Fund SPV 3",
   "filer_en": "ECM Master Fund SPV 3",
   "description": "訂正公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WXFF.pdf"
  },
  {
   "date": "2025-11-14",
   "doc_id": "S100X4HW",
   "doc_type_code": "270",
   "doc_type": "公開買付報告書",
   "filer": "ECM Master Fund SPV 3",
   "filer_en": "ECM Master Fund SPV 3",
   "description": "公開買付報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100X4HW.pdf"
  }
 ],
 "related": [],
 "flags": [],
 "unverified_count": 0
}