{
 "schema_version": 1,
 "id": "5017-20250912",
 "type": "TOB",
 "status": "completed",
 "announced_date": "2025-09-12",
 "target": {
  "edinet_code": "E01082",
  "sec_code": "5017",
  "name": "富士石油株式会社",
  "name_en": "Fuji Oil Company, Ltd.",
  "industry": "石油・石炭製品",
  "industry_en": "Oil & Coal Products"
 },
 "acquirer": {
  "edinet_code": "E01084",
  "sec_code": "5019",
  "name": "出光興産株式会社",
  "name_en": "Idemitsu Kosan Co.,Ltd.",
  "industry": "石油・石炭製品",
  "industry_en": "Oil & Coal Products"
 },
 "anchor_doc_id": "S100WOJY",
 "needs_review": false,
 "review_reason": null,
 "terms": {
  "tender_price": {
   "history": [
    {
     "value": 480,
     "unit": "yen",
     "as_of_date": null,
     "source": {
      "doc_id": "S100WOJY",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOJY.pdf",
      "submitted": "2025-09-12",
      "quote": "公開買付者は、2025年９月11日付の取締役会決議において、本公開買付価格を480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": 480,
    "unit": "yen",
    "as_of_date": null,
    "source": {
     "doc_id": "S100WOJY",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOJY.pdf",
     "submitted": "2025-09-12",
     "quote": "公開買付者は、2025年９月11日付の取締役会決議において、本公開買付価格を480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。"
    }
   }
  },
  "min_shares": {
   "history": [
    {
     "value": 27693547,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100WOJY",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOJY.pdf",
      "submitted": "2025-09-12",
      "quote": "応募株券等の総数が買付予定数の下限（27,693,547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": 27693547,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100WOJY",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOJY.pdf",
     "submitted": "2025-09-12",
     "quote": "応募株券等の総数が買付予定数の下限（27,693,547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": 40915958,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100WXEN",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WXEN.pdf",
      "submitted": "2025-10-29",
      "quote": "応募株券等の総数（40,915,958株）"
     }
    }
   ],
   "latest": {
    "value": 40915958,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100WXEN",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WXEN.pdf",
     "submitted": "2025-10-29",
     "quote": "応募株券等の総数（40,915,958株）"
    }
   }
  },
  "result": {
   "history": [
    {
     "value": "成立",
     "unit": "text",
     "as_of_date": null,
     "source": {
      "doc_id": "S100WXEN",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WXEN.pdf",
      "submitted": "2025-10-29",
      "quote": "応募株券等の総数（40,915,958株）が買付予定数の下限（27,693,547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": "S100WXEN",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WXEN.pdf",
     "submitted": "2025-10-29",
     "quote": "応募株券等の総数（40,915,958株）が買付予定数の下限（27,693,547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": 44.58,
   "unit": "percent",
   "as_of_date": "2025-09-10",
   "source": {
    "doc_id": "S100WOKC",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
    "submitted": "2025-09-12",
    "quote": "本公開買付価格である１株当たり480円は、本公開買付けの公表日の前営業日である2025年９月10日の当社株式の東京証券取引所プライム市場における終値332円に対して44.58％"
   },
   "basis": "前営業日終値",
   "basis_en": "Closing price on the business day before announcement"
  },
  {
   "value": 43.71,
   "unit": "percent",
   "as_of_date": "2025-09-10",
   "source": {
    "doc_id": "S100WOKC",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
    "submitted": "2025-09-12",
    "quote": "同日までの過去１ヶ月間の終値単純平均値334円に対して43.71％"
   },
   "basis": "過去1ヶ月間の終値単純平均値",
   "basis_en": "1-month simple average closing price"
  },
  {
   "value": 50,
   "unit": "percent",
   "as_of_date": "2025-09-10",
   "source": {
    "doc_id": "S100WOKC",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
    "submitted": "2025-09-12",
    "quote": "同日までの過去３ヶ月間の終値単純平均値320円に対して50.00％"
   },
   "basis": "過去3ヶ月間の終値単純平均値",
   "basis_en": "3-month simple average closing price"
  },
  {
   "value": 57.38,
   "unit": "percent",
   "as_of_date": "2025-09-10",
   "source": {
    "doc_id": "S100WOKC",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
    "submitted": "2025-09-12",
    "quote": "同日までの過去６ヶ月間の終値単純平均値305円に対して57.38％"
   },
   "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": "S100WOKC",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
    "submitted": "2025-09-12",
    "quote": "公開買付者は、当社の株主を公開買付者及び本不応募合意株主のみとする当社株式の非公開化を目的としているため"
   }
  },
  "discount_tob": {
   "value": false,
   "source": null
  },
  "acquirer_type": {
   "value": "parent",
   "source": {
    "doc_id": "S100WOKC",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
    "submitted": "2025-09-12",
    "quote": "本取引が当社の主要株主かつ筆頭株主による持分法適用関連会社の買収に該当し、公開買付者と当社又は当社の一般株主との間に構造的な利益相反及び情報の非対称性の問題が存することに鑑み"
   }
  },
  "auction": {
   "value": false,
   "source": null
  },
  "competing_offer": {
   "value": false,
   "source": null
  },
  "special_committee": {
   "value": true,
   "source": {
    "doc_id": "S100WOKC",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
    "submitted": "2025-09-12",
    "quote": "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": {
   "value": "株式会社プルータス・コンサルティング",
   "source": {
    "doc_id": "S100WOKC",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
    "submitted": "2025-09-12",
    "quote": "本特別委員会独自の第三者算定機関としてプルータスを選任する旨を決定しております。"
   }
  },
  "fairness_opinions": [
   {
    "obtained_by": "special_committee",
    "provider": "株式会社プルータス・コンサルティング",
    "source": {
     "doc_id": "S100WOKC",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
     "submitted": "2025-09-12",
     "quote": "本特別委員会は、当社グループ及び公開買付者グループ並びに本取引の成否のいずれからも独立した第三者算定機関としてプルータスを選任し、プルータスに対して、当社株式の株式価値の算定及び本公開買付価格の公正性に関する意見（フェアネス・オピニオン）の表明を依頼し、2025年９月10日に、本特別委員会株式価値算定書（プルータス）を取得いたしました。"
    }
   },
   {
    "obtained_by": "special_committee",
    "provider": "株式会社プルータス・コンサルティング",
    "source": {
     "doc_id": "S100WOKC",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
     "submitted": "2025-09-12",
     "quote": "当社の一般株主の利益には十分な配慮がなされていると考え、プルータス・コンサルティングからフェアネス・オピニオン（以下「本フェアネス・オピニオン」といいます。）を取得いたしました。"
    }
   }
  ],
  "proposals": [
   {
    "date": null,
    "price": 400,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100WOKC",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
     "submitted": "2025-09-12",
     "quote": "本公開買付価格を400円とする初回提案を行ったとのことです。"
    }
   },
   {
    "date": null,
    "price": 425,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100WOKC",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
     "submitted": "2025-09-12",
     "quote": "本公開買付価格を425円とする第２回提案を行ったとのことです。"
    }
   },
   {
    "date": null,
    "price": 450,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100WOKC",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
     "submitted": "2025-09-12",
     "quote": "本公開買付価格を450円とする第３回提案を行ったとのことです。"
    }
   },
   {
    "date": null,
    "price": 470,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100WOKC",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
     "submitted": "2025-09-12",
     "quote": "本公開買付価格を470円とする第４回提案を行ったとのことです。"
    }
   },
   {
    "date": null,
    "price": 480,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100WOKC",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
     "submitted": "2025-09-12",
     "quote": "本公開買付価格を480円とする最終提案を行ったとのことです。"
    }
   }
  ],
  "initial_offer": 400,
  "offer_raise_pct": 20,
  "offer_rounds": 5,
  "negotiation_excluded": null,
  "category": "delisting",
  "category_basis": "filing"
 },
 "valuations": [
  {
   "valuator": "JPモルガン証券株式会社",
   "valuator_as_written": "JPモルガン証券",
   "valuator_en": "J.P. Morgan Securities Japan Co., Ltd.",
   "side": "acquirer",
   "method": "dcf",
   "method_label": "DCF法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 335,
     "high": 617,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100WOKC",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
      "submitted": "2025-09-12",
      "quote": "DCF法 ：335円から617円"
     }
    }
   }
  },
  {
   "valuator": "JPモルガン証券株式会社",
   "valuator_as_written": "JPモルガン証券",
   "valuator_en": "J.P. Morgan Securities Japan Co., Ltd.",
   "side": "acquirer",
   "method": "market_price",
   "method_label": "市場株価平均法",
   "method_en": "Market price method",
   "metrics": {
    "per_share_value": {
     "low": 305,
     "high": 334,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100WOKC",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
      "submitted": "2025-09-12",
      "quote": "市場株価平均法：305円から334円"
     }
    }
   }
  },
  {
   "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": 265,
     "high": 618,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100WOKC",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
      "submitted": "2025-09-12",
      "quote": "DCF法 ：265円から618円"
     }
    },
    "discount_rate": {
     "low": 3.1,
     "high": 3.8,
     "unit": "percent",
     "source": {
      "doc_id": "S100WOKC",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
      "submitted": "2025-09-12",
      "quote": "割引率は加重平均資本コストとし、3.1％～3.8％を採用しております。"
     }
    },
    "perpetual_growth_rate": {
     "low": 0,
     "high": 0,
     "unit": "percent",
     "source": {
      "doc_id": "S100WOKC",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
      "submitted": "2025-09-12",
      "quote": "永久成長率を0.0％、として"
     }
    }
   }
  },
  {
   "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": "market_price",
   "method_label": "市場株価法",
   "method_en": "Market price method",
   "metrics": {
    "per_share_value": {
     "low": 305,
     "high": 334,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100WOJY",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOJY.pdf",
      "submitted": "2025-09-12",
      "quote": "対象者株式の１株当たりの株式価値の範囲を305円から334円と算定しているとのことです。"
     }
    }
   }
  },
  {
   "valuator": "みずほ証券株式会社",
   "valuator_as_written": "みずほ証券株式会社",
   "valuator_en": "Mizuho Securities Co., Ltd.",
   "side": "target",
   "method": "dcf",
   "method_label": "DCF法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 217,
     "high": 638,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100WOKC",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
      "submitted": "2025-09-12",
      "quote": "DCF法 ：217円から638円"
     }
    },
    "discount_rate": {
     "low": 2.75,
     "high": 3.25,
     "unit": "percent",
     "source": {
      "doc_id": "S100WOKC",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
      "submitted": "2025-09-12",
      "quote": "割引率は加重平均資本コストとし、2.75％～3.25％を採用しております。"
     }
    },
    "perpetual_growth_rate": {
     "low": -0.25,
     "high": 0.25,
     "unit": "percent",
     "source": {
      "doc_id": "S100WOKC",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
      "submitted": "2025-09-12",
      "quote": "永久成長率を△0.25％～0.25％として"
     }
    }
   }
  },
  {
   "valuator": "みずほ証券株式会社",
   "valuator_as_written": "みずほ証券株式会社",
   "valuator_en": "Mizuho Securities Co., Ltd.",
   "side": "target",
   "method": "market_price",
   "method_label": "市場株価法",
   "method_en": "Market price method",
   "metrics": {
    "per_share_value": {
     "low": 305,
     "high": 334,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100WOKC",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf",
      "submitted": "2025-09-12",
      "quote": "市場株価法：305円から334円"
     }
    }
   }
  }
 ],
 "timeline": [
  {
   "date": "2025-09-12",
   "doc_id": "S100WOJY",
   "doc_type_code": "240",
   "doc_type": "公開買付届出書",
   "filer": "出光興産株式会社",
   "filer_en": "Idemitsu Kosan Co.,Ltd.",
   "description": "公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOJY.pdf"
  },
  {
   "date": "2025-09-12",
   "doc_id": "S100WOKC",
   "doc_type_code": "290",
   "doc_type": "意見表明報告書",
   "filer": "富士石油株式会社",
   "filer_en": "Fuji Oil Company, Ltd.",
   "description": "意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WOKC.pdf"
  },
  {
   "date": "2025-10-29",
   "doc_id": "S100WXEN",
   "doc_type_code": "270",
   "doc_type": "公開買付報告書",
   "filer": "出光興産株式会社",
   "filer_en": "Idemitsu Kosan Co.,Ltd.",
   "description": "公開買付報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WXEN.pdf"
  }
 ],
 "related": [],
 "flags": [],
 "unverified_count": 0
}