{
 "schema_version": 1,
 "id": "9232-20240906",
 "type": "TOB",
 "status": "completed",
 "announced_date": "2024-09-06",
 "target": {
  "edinet_code": "E04340",
  "sec_code": "9232",
  "name": "株式会社パスコ",
  "name_en": "PASCO CORPORATION",
  "industry": "空運業",
  "industry_en": "Air Transportation"
 },
 "acquirer": {
  "edinet_code": "E04773",
  "sec_code": "9735",
  "name": "セコム株式会社",
  "name_en": "SECOM CO., LTD.",
  "industry": "サービス業",
  "industry_en": "Services"
 },
 "anchor_doc_id": "S100UCAA",
 "needs_review": false,
 "review_reason": null,
 "terms": {
  "tender_price": {
   "history": [
    {
     "value": 2140,
     "unit": "yen",
     "as_of_date": null,
     "source": {
      "doc_id": "S100UCAA",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAA.pdf",
      "submitted": "2024-09-06",
      "quote": "本公開買付価格2,140円は、本公開買付けの実施についての公表日の前営業日である2024年９月４日の対象者株式の東京証券取引所スタンダード市場における終値1,629円に対して31.37％"
     }
    }
   ],
   "latest": {
    "value": 2140,
    "unit": "yen",
    "as_of_date": null,
    "source": {
     "doc_id": "S100UCAA",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAA.pdf",
     "submitted": "2024-09-06",
     "quote": "本公開買付価格2,140円は、本公開買付けの実施についての公表日の前営業日である2024年９月４日の対象者株式の東京証券取引所スタンダード市場における終値1,629円に対して31.37％"
    }
   }
  },
  "period_business_days": {
   "history": [
    {
     "value": 30,
     "unit": "business_days",
     "as_of_date": null,
     "source": {
      "doc_id": "S100UCAA",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAA.pdf",
      "submitted": "2024-09-06",
      "quote": "法令に定められた最短期間が20営業日であるところ、30営業日としております"
     }
    }
   ],
   "latest": {
    "value": 30,
    "unit": "business_days",
    "as_of_date": null,
    "source": {
     "doc_id": "S100UCAA",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAA.pdf",
     "submitted": "2024-09-06",
     "quote": "法令に定められた最短期間が20営業日であるところ、30営業日としております"
    }
   }
  }
 },
 "premiums": [
  {
   "value": 31.37,
   "unit": "percent",
   "as_of_date": "2024-09-04",
   "source": {
    "doc_id": "S100UCAW",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
    "submitted": "2024-09-06",
    "quote": "本公開買付けの公表日の前営業日である2024年９月４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の1,629円に対して31.37％"
   },
   "basis": "前営業日終値",
   "basis_en": "Closing price on the business day before announcement"
  },
  {
   "value": 32.26,
   "unit": "percent",
   "as_of_date": "2024-09-04",
   "source": {
    "doc_id": "S100UCAW",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
    "submitted": "2024-09-06",
    "quote": "同日までの過去１ヶ月間の終値の単純平均値1,618円に対して32.26％"
   },
   "basis": "過去1ヶ月間の終値単純平均値",
   "basis_en": "1-month simple average closing price"
  },
  {
   "value": 22.15,
   "unit": "percent",
   "as_of_date": "2024-09-04",
   "source": {
    "doc_id": "S100UCAW",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
    "submitted": "2024-09-06",
    "quote": "同日までの過去３ヶ月間の終値の単純平均値1,752円に対して22.15％"
   },
   "basis": "過去3ヶ月間の終値単純平均値",
   "basis_en": "3-month simple average closing price"
  },
  {
   "value": 17.45,
   "unit": "percent",
   "as_of_date": "2024-09-04",
   "source": {
    "doc_id": "S100UCAW",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
    "submitted": "2024-09-06",
    "quote": "同日までの過去６ヶ月間の終値の単純平均値1,822円に対して17.45％"
   },
   "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": "S100UCAW",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
    "submitted": "2024-09-06",
    "quote": "当社株式の上場廃止により、コーポレートガバナンス・コード等への対応を含めた近時の上場維持に係る業務負担や、有価証券報告書等の継続的な情報開示、監査、株主総会の運営や株主名簿管理人への事務委託に要する費用に代表される上場維持に要する費用の削減が見込まれます。"
   }
  },
  "discount_tob": {
   "value": false,
   "source": null
  },
  "acquirer_type": {
   "value": "strategic",
   "source": {
    "doc_id": "S100UCAW",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
    "submitted": "2024-09-06",
    "quote": "セコムは、セコム、その連結子会社151社及び持分法適用関連会社17社(2024年３月31日現在)からなる企業グループ(以下「セコムグループ」といいます。)を構成しており"
   }
  },
  "auction": {
   "value": false,
   "source": null
  },
  "competing_offer": {
   "value": false,
   "source": null
  },
  "special_committee": {
   "value": true,
   "source": {
    "doc_id": "S100UCAW",
    "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
    "submitted": "2024-09-06",
    "quote": "当社取締役会は2023年12月22日に、本特別委員会の設置にあたり"
   }
  },
  "sc_own_valuer": null,
  "fairness_opinions": [],
  "proposals": [
   {
    "date": "2024-08-07",
    "price": 1900,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100UCAW",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
     "submitted": "2024-09-06",
     "quote": "2024年８月７日、当社に対して、本公開買付価格を1,900円"
    }
   },
   {
    "date": "2024-08-13",
    "price": 2030,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100UCAW",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
     "submitted": "2024-09-06",
     "quote": "セコム及び伊藤忠商事は、2024年８月13日、当社に対して、本公開買付価格を2,030円"
    }
   },
   {
    "date": "2024-08-26",
    "price": 2075,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100UCAW",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
     "submitted": "2024-09-06",
     "quote": "セコム及び伊藤忠商事は、2024年８月26日、当社に対して、改めて、本公開買付価格を2,075円"
    }
   },
   {
    "date": "2024-08-28",
    "price": 2095,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100UCAW",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
     "submitted": "2024-09-06",
     "quote": "セコム及び伊藤忠商事は、2024年８月28日、当社に対して、改めて、本公開買付価格を2,095円"
    }
   },
   {
    "date": "2024-09-02",
    "price": 2140,
    "proposer": "acquirer",
    "source": {
     "doc_id": "S100UCAW",
     "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
     "submitted": "2024-09-06",
     "quote": "セコム及び伊藤忠商事は、2024年９月２日、当社に対して、最終提案として、本公開買付価格を2,140円"
    }
   }
  ],
  "initial_offer": 1900,
  "offer_raise_pct": 12.63,
  "offer_rounds": 5,
  "negotiation_excluded": null,
  "category": "delisting",
  "category_basis": "filing"
 },
 "valuations": [
  {
   "valuator": "EYストラテジー・アンド・コンサルティング株式会社",
   "valuator_as_written": "EYストラテジー・アンド・コンサルティング株式会社",
   "valuator_en": "EY Strategy and Consulting Co., Ltd.",
   "side": "acquirer",
   "method": "dcf",
   "method_label": "ＤＣＦ法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 1982,
     "high": 2561,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100UCAW",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
      "submitted": "2024-09-06",
      "quote": "ＤＣＦ法 ：1,982円から2,561円"
     }
    }
   }
  },
  {
   "valuator": "EYストラテジー・アンド・コンサルティング株式会社",
   "valuator_as_written": "EYストラテジー・アンド・コンサルティング株式会社",
   "valuator_en": "EY Strategy and Consulting Co., Ltd.",
   "side": "acquirer",
   "method": "market_price",
   "method_label": "市場株価法",
   "method_en": "Market price method",
   "metrics": {
    "per_share_value": {
     "low": 1618,
     "high": 1822,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100UCAW",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
      "submitted": "2024-09-06",
      "quote": "市場株価法 ：1,618円から1,822円"
     }
    }
   }
  },
  {
   "valuator": "株式会社KPMG FAS",
   "valuator_as_written": "株式会社KPMG FAS",
   "valuator_en": "KPMG FAS Co., Ltd.",
   "side": "acquirer",
   "method": "dcf",
   "method_label": "ＤＣＦ法",
   "method_en": "DCF method",
   "metrics": {
    "per_share_value": {
     "low": 2087,
     "high": 2679,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100UCAW",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
      "submitted": "2024-09-06",
      "quote": "ＤＣＦ法 ：2,087円から2,679円"
     }
    }
   }
  },
  {
   "valuator": "株式会社KPMG FAS",
   "valuator_as_written": "株式会社KPMG FAS",
   "valuator_en": "KPMG FAS Co., Ltd.",
   "side": "acquirer",
   "method": "market_price",
   "method_label": "市場株価法",
   "method_en": "Market price method",
   "metrics": {
    "per_share_value": {
     "low": 1618,
     "high": 1822,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100UCAW",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
      "submitted": "2024-09-06",
      "quote": "当社株式１株当たりの株式価値の範囲を1,618円から1,822円と算定しているとのことです。"
     }
    }
   }
  },
  {
   "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": 2077,
     "high": 2433,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100UCAW",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
      "submitted": "2024-09-06",
      "quote": "類似会社比較法：2,077円から2,433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": 1770,
     "high": 3316,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100UCAW",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
      "submitted": "2024-09-06",
      "quote": "ＤＣＦ法   ：1,770円から3,316円"
     }
    },
    "discount_rate": {
     "low": 7.25,
     "high": 8.25,
     "unit": "percent",
     "source": {
      "doc_id": "S100UCAW",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
      "submitted": "2024-09-06",
      "quote": "割引率は7.25％から8.25％を採用しており"
     }
    },
    "perpetual_growth_rate": {
     "low": -0.25,
     "high": 0.25,
     "unit": "percent",
     "source": {
      "doc_id": "S100UCAW",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
      "submitted": "2024-09-06",
      "quote": "永久成長率は-0.25％から0.25％"
     }
    }
   }
  },
  {
   "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": 1618,
     "high": 1822,
     "unit": "yen_per_share",
     "source": {
      "doc_id": "S100UCAW",
      "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf",
      "submitted": "2024-09-06",
      "quote": "市場株価平均法：1,618円から1,822円"
     }
    }
   }
  }
 ],
 "timeline": [
  {
   "date": "2024-09-06",
   "doc_id": "S100UCAA",
   "doc_type_code": "240",
   "doc_type": "公開買付届出書",
   "filer": "セコム株式会社",
   "filer_en": "SECOM CO., LTD.",
   "description": "公開買付届出書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAA.pdf"
  },
  {
   "date": "2024-09-06",
   "doc_id": "S100UCAW",
   "doc_type_code": "290",
   "doc_type": "意見表明報告書",
   "filer": "株式会社パスコ",
   "filer_en": "PASCO CORPORATION",
   "description": "意見表明報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UCAW.pdf"
  },
  {
   "date": "2024-10-23",
   "doc_id": "S100UKNE",
   "doc_type_code": "270",
   "doc_type": "公開買付報告書",
   "filer": "セコム株式会社",
   "filer_en": "SECOM CO., LTD.",
   "description": "公開買付報告書",
   "doc_url": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UKNE.pdf"
  }
 ],
 "related": [],
 "flags": [],
 "unverified_count": 0
}