{
 "schema_version": 1,
 "id": "7623-20250311",
 "type": "MBO",
 "status": "completed",
 "announced_date": "2025-03-11",
 "target": {
  "edinet_code": "E03326",
  "sec_code": "7623",
  "name": "株式会社サンオータス",
  "name_en": "SUNAUTAS CO.,LTD.",
  "industry": "小売業",
  "industry_en": "Retail Trade"
 },
 "acquirer": {
  "edinet_code": "E20724",
  "sec_code": null,
  "name": "太田興産株式会社",
  "name_en": "Ota Kosan 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": "S100VDMN",
 "needs_review": false,
 "review_reason": null,
 "terms": {
  "tender_price": {
   "history": [
    {
     "value": 835,
     "unit": "yen",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VDMN",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMN.pdf",
      "submitted": "2025-03-11",
      "quote": "公開買付者は、2025年３月10日、本公開買付価格を835円とすることを決定いたしました。"
     }
    }
   ],
   "latest": {
    "value": 835,
    "unit": "yen",
    "as_of_date": null,
    "source": {
     "doc_id": "S100VDMN",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMN.pdf",
     "submitted": "2025-03-11",
     "quote": "公開買付者は、2025年３月10日、本公開買付価格を835円とすることを決定いたしました。"
    }
   }
  },
  "min_shares": {
   "history": [
    {
     "value": 761600,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VDMN",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMN.pdf",
      "submitted": "2025-03-11",
      "quote": "公開買付者は、本公開買付けにおいて買付予定数の下限を761,600株(所有割合：23.58％)に設定しており"
     }
    }
   ],
   "latest": {
    "value": 761600,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100VDMN",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMN.pdf",
     "submitted": "2025-03-11",
     "quote": "公開買付者は、本公開買付けにおいて買付予定数の下限を761,600株(所有割合：23.58％)に設定しており"
    }
   }
  },
  "is_mbo": {
   "history": [
    {
     "value": "該当",
     "unit": "text",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VDMN",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMN.pdf",
      "submitted": "2025-03-11",
      "quote": "「マネジメント・バイアウト(ＭＢＯ)」に該当すると考えております。"
     }
    }
   ],
   "latest": {
    "value": "該当",
    "unit": "text",
    "as_of_date": null,
    "source": {
     "doc_id": "S100VDMN",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMN.pdf",
     "submitted": "2025-03-11",
     "quote": "「マネジメント・バイアウト(ＭＢＯ)」に該当すると考えております。"
    }
   }
  },
  "tendered_shares": {
   "history": [
    {
     "value": 1540929,
     "unit": "shares",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VNS2",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VNS2.pdf",
      "submitted": "2025-04-23",
      "quote": "応募株券等の総数(1,540,929株)が買付予定数の下限(761,600株)以上となりました"
     }
    }
   ],
   "latest": {
    "value": 1540929,
    "unit": "shares",
    "as_of_date": null,
    "source": {
     "doc_id": "S100VNS2",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VNS2.pdf",
     "submitted": "2025-04-23",
     "quote": "応募株券等の総数(1,540,929株)が買付予定数の下限(761,600株)以上となりました"
    }
   }
  },
  "result": {
   "history": [
    {
     "value": "成立",
     "unit": "text",
     "as_of_date": null,
     "source": {
      "doc_id": "S100VNS2",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VNS2.pdf",
      "submitted": "2025-04-23",
      "quote": "応募株券等の総数(1,540,929株)が買付予定数の下限(761,600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": "S100VNS2",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VNS2.pdf",
     "submitted": "2025-04-23",
     "quote": "応募株券等の総数(1,540,929株)が買付予定数の下限(761,600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": 35.77,
   "unit": "percent",
   "as_of_date": "2025-03-07",
   "source": {
    "doc_id": "S100VDMS",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
    "submitted": "2025-03-11",
    "quote": "決定日の前営業日である2025年３月７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615円に対して35.77％"
   },
   "basis": "前営業日終値",
   "basis_en": "Closing price on the business day before announcement"
  },
  {
   "value": 42.25,
   "unit": "percent",
   "as_of_date": "2025-03-07",
   "source": {
    "doc_id": "S100VDMS",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
    "submitted": "2025-03-11",
    "quote": "同日までの過去１ヶ月間の終値単純平均値587円に対して42.25％"
   },
   "basis": "過去1ヶ月間の終値単純平均値",
   "basis_en": "1-month simple average closing price"
  },
  {
   "value": 51.54,
   "unit": "percent",
   "as_of_date": "2025-03-07",
   "source": {
    "doc_id": "S100VDMS",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
    "submitted": "2025-03-11",
    "quote": "同日までの過去３ヶ月間の終値単純平均値551円に対して51.54％"
   },
   "basis": "過去3ヶ月間の終値単純平均値",
   "basis_en": "3-month simple average closing price"
  },
  {
   "value": 54.63,
   "unit": "percent",
   "as_of_date": "2025-03-07",
   "source": {
    "doc_id": "S100VDMS",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
    "submitted": "2025-03-11",
    "quote": "同日までの過去６ヶ月間の終値単純平均値540円に対して54.63％"
   },
   "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": "S100VDMS",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
    "submitted": "2025-03-11",
    "quote": "2025年３月10日開催の当社取締役会において、上場廃止を前提とした本公開買付けに賛同する旨の意見を決議した"
   }
  },
  "discount_tob": {
   "value": false,
   "source": null
  },
  "acquirer_type": {
   "value": "management",
   "source": {
    "doc_id": "S100VDMS",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
    "submitted": "2025-03-11",
    "quote": "公開買付者は、本取引は当社の代表取締役社長である北野俊氏が一部出資している公開買付者が買付者となり、当社の事業の継続を前提として当社株式を取得するものであることから、マネジメント・バイアウト(ＭＢＯ)に該当すると考えているとのことです。"
   }
  },
  "auction": {
   "value": false,
   "source": null
  },
  "competing_offer": {
   "value": false,
   "source": null
  },
  "special_committee": {
   "value": true,
   "source": {
    "doc_id": "S100VDMS",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
    "submitted": "2025-03-11",
    "quote": "直ちに、公開買付者及び本不応募合意株主から独立した立場で、当社の企業価値の向上及び当社の少数株主の皆様の利益の確保の観点から本取引に係る検討、交渉及び判断を行うための体制の構築を開始しました。"
   }
  },
  "sc_own_valuer": null,
  "fairness_opinions": [],
  "proposals": [
   {
    "date": "2025-02-04",
    "price": 680,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VDMS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
     "submitted": "2025-03-11",
     "quote": "2025年２月４日、当社に対し、本公開買付価格を680円"
    }
   },
   {
    "date": "2025-02-12",
    "price": 740,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VDMS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
     "submitted": "2025-03-11",
     "quote": "2025年２月12日、当社に対し、本公開買付価格を740円"
    }
   },
   {
    "date": "2025-02-18",
    "price": 780,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VDMS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
     "submitted": "2025-03-11",
     "quote": "2025年２月18日、当社に対し、本公開買付価格を780円"
    }
   },
   {
    "date": "2025-02-27",
    "price": 810,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VDMS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
     "submitted": "2025-03-11",
     "quote": "2025年２月27日、当社に対し、本公開買付価格を810円"
    }
   },
   {
    "date": "2025-03-04",
    "price": 830,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VDMS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
     "submitted": "2025-03-11",
     "quote": "2025年３月４日、当社に対し、本公開買付価格を830円"
    }
   },
   {
    "date": null,
    "price": 835,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100VDMS",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
     "submitted": "2025-03-11",
     "quote": "最終提案として、本公開買付価格を835円"
    }
   }
  ],
  "initial_offer": 680,
  "offer_raise_pct": 22.79,
  "offer_rounds": 6,
  "negotiation_excluded": null,
  "category": "delisting",
  "category_basis": "filing"
 },
 "valuations": [
  {
   "valuator": "みそうパートナーズ株式会社",
   "valuator_as_written": "みそうパートナーズ株式会社",
   "valuator_en": "Misou Partners Co., Ltd.",
   "side": "target",
   "method": "dcf",
   "method_label": "ＤＣＦ法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 642,
     "high": 940,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100VDMS",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
      "submitted": "2025-03-11",
      "quote": "ＤＣＦ法 ：642円から940円"
     }
    },
    "discount_rate": {
     "low": 3.8,
     "high": 4.08,
     "unit": "percent",
     "source": {
      "doc_id": "S100VDMS",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
      "submitted": "2025-03-11",
      "quote": "割引率は加重平均資本コストとし、3.80％～4.08％を採用しております。"
     }
    },
    "perpetual_growth_rate": {
     "low": 0.4,
     "high": 0.6,
     "unit": "percent",
     "source": {
      "doc_id": "S100VDMS",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
      "submitted": "2025-03-11",
      "quote": "永久成長率を0.40％～0.60％としております。"
     }
    }
   }
  },
  {
   "valuator": "みそうパートナーズ株式会社",
   "valuator_as_written": "みそうパートナーズ株式会社",
   "valuator_en": "Misou Partners Co., Ltd.",
   "side": "target",
   "method": "market_price",
   "method_label": "市場株価法",
   "method_en": "Market price method",
   "metrics": {
    "per_share_value": {
     "low": 540,
     "high": 615,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100VDMS",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf",
      "submitted": "2025-03-11",
      "quote": "市場株価法 ：540円から615円"
     }
    }
   }
  }
 ],
 "timeline": [
  {
   "date": "2025-03-11",
   "doc_id": "S100VDMN",
   "doc_type_code": "240",
   "doc_type": "公開買付届出書",
   "filer": "太田興産株式会社",
   "filer_en": "Ota Kosan Co., Ltd.",
   "description": "公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMN.pdf"
  },
  {
   "date": "2025-03-11",
   "doc_id": "S100VDMS",
   "doc_type_code": "290",
   "doc_type": "意見表明報告書",
   "filer": "株式会社サンオータス",
   "filer_en": "SUNAUTAS CO.,LTD.",
   "description": "意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VDMS.pdf"
  },
  {
   "date": "2025-04-23",
   "doc_id": "S100VNS2",
   "doc_type_code": "270",
   "doc_type": "公開買付報告書",
   "filer": "太田興産株式会社",
   "filer_en": "Ota Kosan Co., Ltd.",
   "description": "公開買付報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100VNS2.pdf"
  }
 ],
 "related": [],
 "flags": [],
 "unverified_count": 0
}