{
 "schema_version": 1,
 "id": "6879-20250512",
 "type": "MBO",
 "status": "completed",
 "announced_date": "2025-05-12",
 "target": {
  "edinet_code": "E01862",
  "sec_code": "6879",
  "name": "株式会社IMAGICA GROUP",
  "name_en": "IMAGICA GROUP Inc.",
  "industry": "情報・通信業",
  "industry_en": "Information & Communication"
 },
 "acquirer": {
  "edinet_code": "E40670",
  "sec_code": null,
  "name": "三日月株式会社",
  "name_en": "Mikazuki Co., Ltd.",
  "industry": "内国法人・組合（有価証券報告書等の提出義務者以外）",
  "industry_en": null
 },
 "anchor_doc_id": "S100VQDS",
 "needs_review": false,
 "review_reason": null,
 "terms": {
  "tender_price": {
   "history": [
    {
     "value": 795,
     "unit": "yen",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VQDS",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQDS.pdf",
      "submitted": "2025-05-12",
      "quote": "公開買付者は、2025年５月９日、本公開買付価格を795円とし、本取引の一環として本公開買付けを開始することを決定いたしました。"
     }
    }
   ],
   "latest": {
    "value": 795,
    "unit": "yen",
    "as_of_date": null,
    "source": {
     "doc_id": "S100VQDS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQDS.pdf",
     "submitted": "2025-05-12",
     "quote": "公開買付者は、2025年５月９日、本公開買付価格を795円とし、本取引の一環として本公開買付けを開始することを決定いたしました。"
    }
   }
  },
  "period_start": {
   "history": [
    {
     "value": "2025-05-12",
     "unit": "date",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VQDS",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQDS.pdf",
      "submitted": "2025-05-12",
      "quote": "Ⅱ．本公開買付け(2025年５月12日～６月20日(予定))"
     }
    }
   ],
   "latest": {
    "value": "2025-05-12",
    "unit": "date",
    "as_of_date": null,
    "source": {
     "doc_id": "S100VQDS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQDS.pdf",
     "submitted": "2025-05-12",
     "quote": "Ⅱ．本公開買付け(2025年５月12日～６月20日(予定))"
    }
   }
  },
  "min_shares": {
   "history": [
    {
     "value": 4841400,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VQDS",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQDS.pdf",
      "submitted": "2025-05-12",
      "quote": "公開買付者は、買付予定数の下限(注６)を4,841,400株(所有割合：10.93％)としており"
     }
    }
   ],
   "latest": {
    "value": 4841400,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100VQDS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQDS.pdf",
     "submitted": "2025-05-12",
     "quote": "公開買付者は、買付予定数の下限(注６)を4,841,400株(所有割合：10.93％)としており"
    }
   }
  },
  "is_mbo": {
   "history": [
    {
     "value": "該当",
     "unit": "text",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VQDS",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQDS.pdf",
      "submitted": "2025-05-12",
      "quote": "対象者は、本取引がマネジメント・バイアウト(MBO)に該当し、構造的な利益相反の問題が存在すること等を踏まえ"
     }
    }
   ],
   "latest": {
    "value": "該当",
    "unit": "text",
    "as_of_date": null,
    "source": {
     "doc_id": "S100VQDS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQDS.pdf",
     "submitted": "2025-05-12",
     "quote": "対象者は、本取引がマネジメント・バイアウト(MBO)に該当し、構造的な利益相反の問題が存在すること等を踏まえ"
    }
   }
  },
  "period_end": {
   "history": [
    {
     "value": "2025-06-20",
     "unit": "date",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VQDS",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQDS.pdf",
      "submitted": "2025-05-12",
      "quote": "Ⅱ．本公開買付け(2025年５月12日～６月20日(予定))"
     }
    }
   ],
   "latest": {
    "value": "2025-06-20",
    "unit": "date",
    "as_of_date": null,
    "source": {
     "doc_id": "S100VQDS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQDS.pdf",
     "submitted": "2025-05-12",
     "quote": "Ⅱ．本公開買付け(2025年５月12日～６月20日(予定))"
    }
   }
  },
  "tendered_shares": {
   "history": [
    {
     "value": 16662324,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100W2IF",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100W2IF.pdf",
      "submitted": "2025-06-23",
      "quote": "応募株券等の総数(16,662,324株)が買付予定数の下限(4,841,400株)以上となりました"
     }
    }
   ],
   "latest": {
    "value": 16662324,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100W2IF",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100W2IF.pdf",
     "submitted": "2025-06-23",
     "quote": "応募株券等の総数(16,662,324株)が買付予定数の下限(4,841,400株)以上となりました"
    }
   }
  },
  "result": {
   "history": [
    {
     "value": "成立",
     "unit": "text",
     "as_of_date": null,
     "source": {
      "doc_id": "S100W2IF",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100W2IF.pdf",
      "submitted": "2025-06-23",
      "quote": "応募株券等の総数(16,662,324株)が買付予定数の下限(4,841,400株)以上となりましたので、本公開買付に係る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": "S100W2IF",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100W2IF.pdf",
     "submitted": "2025-06-23",
     "quote": "応募株券等の総数(16,662,324株)が買付予定数の下限(4,841,400株)以上となりましたので、本公開買付に係る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": 42.22,
   "unit": "percent",
   "as_of_date": "2025-05-08",
   "source": {
    "doc_id": "S100VQE5",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
    "submitted": "2025-05-12",
    "quote": "2025年５月８日の東京証券取引所プライム市場における当社株式の終値559円に対して42.22％"
   },
   "basis": "前営業日終値",
   "basis_en": "Closing price on the business day before announcement"
  },
  {
   "value": 48.88,
   "unit": "percent",
   "as_of_date": "2025-05-08",
   "source": {
    "doc_id": "S100VQE5",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
    "submitted": "2025-05-12",
    "quote": "同日までの過去１ヶ月間の終値の単純平均値534円に対して48.88％"
   },
   "basis": "過去1ヶ月間の終値単純平均値",
   "basis_en": "1-month simple average closing price"
  },
  {
   "value": 53.18,
   "unit": "percent",
   "as_of_date": "2025-05-08",
   "source": {
    "doc_id": "S100VQE5",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
    "submitted": "2025-05-12",
    "quote": "同日までの過去３ヶ月間の終値の単純平均値519円に対して53.18％"
   },
   "basis": "過去3ヶ月間の終値単純平均値",
   "basis_en": "3-month simple average closing price"
  },
  {
   "value": 52.59,
   "unit": "percent",
   "as_of_date": "2025-05-08",
   "source": {
    "doc_id": "S100VQE5",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
    "submitted": "2025-05-12",
    "quote": "同日までの過去６ヶ月間の終値の単純平均値521円に対して52.59％"
   },
   "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": "S100VQE5",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
    "submitted": "2025-05-12",
    "quote": "最終的に当社の株主をクレアート(注４)(所有株式数：20,642,247株、所有割合：46.60％)、クレアートの完全親会社であるクレアートHD(注４)(所有株式数：400,000株、所有割合：0.90％)及び公開買付者のみとし、最終的に公開買付者が当社を非公開化することを企図しているとのことです。"
   }
  },
  "discount_tob": {
   "value": false,
   "source": null
  },
  "acquirer_type": {
   "value": "management",
   "source": {
    "doc_id": "S100VQE5",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
    "submitted": "2025-05-12",
    "quote": "公開買付者及び当社経営陣の合意に基づいて本公開買付けを行うものであるため、本取引はいわゆるマネジメント・バイアウト(MBO)(注３)に該当するとのことです。"
   }
  },
  "auction": {
   "value": false,
   "source": null
  },
  "competing_offer": {
   "value": false,
   "source": null
  },
  "special_committee": {
   "value": true,
   "source": {
    "doc_id": "S100VQE5",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
    "submitted": "2025-05-12",
    "quote": "本特別委員会は、2025年３月12日から2025年５月９日まで合計15回開催されたほか、各会日間においても必要に応じて都度電子メール等を通じて報告・情報共有、審議及び意思決定等を行う等して、本諮問事項に係る職務を遂行いたしました。"
   }
  },
  "sc_own_valuer": null,
  "fairness_opinions": [],
  "proposals": [
   {
    "date": "2025-05-08",
    "price": 795,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VQE5",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
     "submitted": "2025-05-12",
     "quote": "提案者は同日、前回提案が最終提案であるとの意向に変更はなく、本公開買付価格のさらなる引上げは困難であるとして、本公開買付価格を前回提案価格と同額の795円とする旨の最終提案を再度行ったとのことです。"
    }
   },
   {
    "date": "2025-04-08",
    "price": 670,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VQE5",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
     "submitted": "2025-05-12",
     "quote": "2025年４月８日、本公開買付価格を670円"
    }
   },
   {
    "date": "2025-04-22",
    "price": 700,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VQE5",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
     "submitted": "2025-05-12",
     "quote": "同月22日に本公開買付価格を、700円"
    }
   },
   {
    "date": "2025-04-28",
    "price": 730,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VQE5",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
     "submitted": "2025-05-12",
     "quote": "その後、同月28日に本公開買付価格を、730円"
    }
   },
   {
    "date": "2025-05-01",
    "price": 755,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VQE5",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
     "submitted": "2025-05-12",
     "quote": "その後、2025年５月１日に本公開買付価格を、755円"
    }
   }
  ],
  "initial_offer": 795,
  "offer_raise_pct": 0,
  "offer_rounds": 5,
  "negotiation_excluded": null,
  "category": "delisting",
  "category_basis": "filing"
 },
 "valuations": [
  {
   "valuator": "マクサス・コーポレートアドバイザリー株式会社",
   "valuator_as_written": "マクサス・コーポレートアドバイザリー株式会社",
   "valuator_en": "Maxus Corporate Advisory Co., Ltd.",
   "side": "target",
   "method": "dcf",
   "method_label": "DCF法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 628,
     "high": 916,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100VQE5",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
      "submitted": "2025-05-12",
      "quote": "当社株式の１株あたりの価値の範囲を628円～916円までと分析しております。"
     }
    }
   },
   "segments": [
    {
     "name": "北米の主な事業会社以外",
     "name_en": "Other than main operating companies in North America",
     "metrics": {
      "discount_rate": {
       "low": 7.4,
       "high": 9.4,
       "unit": "percent",
       "source": {
        "doc_id": "S100VQE5",
        "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
        "submitted": "2025-05-12",
        "quote": "北米の主な事業会社以外：7.4％～9.4％"
       }
      },
      "perpetual_growth_rate": {
       "low": -0.5,
       "high": 0.5,
       "unit": "percent",
       "source": {
        "doc_id": "S100VQE5",
        "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
        "submitted": "2025-05-12",
        "quote": "永久成長率を北米の主な事業会社以外：-0.5％～0.5％"
       }
      }
     }
    },
    {
     "name": "北米の主な事業会社",
     "name_en": "Main operating companies in North America",
     "metrics": {
      "discount_rate": {
       "low": 12.6,
       "high": 14.6,
       "unit": "percent",
       "source": {
        "doc_id": "S100VQE5",
        "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
        "submitted": "2025-05-12",
        "quote": "北米の主な事業会社：12.6％～14.6％"
       }
      },
      "perpetual_growth_rate": {
       "low": 1,
       "high": 2,
       "unit": "percent",
       "source": {
        "doc_id": "S100VQE5",
        "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
        "submitted": "2025-05-12",
        "quote": "北米の主な事業会社：1.0％～2.0％として算定しております。"
       }
      }
     }
    }
   ]
  },
  {
   "valuator": "マクサス・コーポレートアドバイザリー株式会社",
   "valuator_as_written": "マクサス・コーポレートアドバイザリー株式会社",
   "valuator_en": "Maxus Corporate Advisory 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": 519,
     "high": 559,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100VQE5",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf",
      "submitted": "2025-05-12",
      "quote": "当社株式１株あたりの価値の範囲を519円～559円と算定しております。"
     }
    }
   }
  }
 ],
 "timeline": [
  {
   "date": "2025-05-12",
   "doc_id": "S100VQDS",
   "doc_type_code": "240",
   "doc_type": "公開買付届出書",
   "filer": "三日月株式会社",
   "filer_en": "Mikazuki Co., Ltd.",
   "description": "公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQDS.pdf"
  },
  {
   "date": "2025-05-12",
   "doc_id": "S100VQE5",
   "doc_type_code": "290",
   "doc_type": "意見表明報告書",
   "filer": "株式会社IMAGICA GROUP",
   "filer_en": "IMAGICA GROUP Inc.",
   "description": "意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VQE5.pdf"
  },
  {
   "date": "2025-06-23",
   "doc_id": "S100W2IF",
   "doc_type_code": "270",
   "doc_type": "公開買付報告書",
   "filer": "三日月株式会社",
   "filer_en": "Mikazuki Co., Ltd.",
   "description": "公開買付報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100W2IF.pdf"
  }
 ],
 "related": [],
 "flags": [],
 "unverified_count": 0
}