{"id":1844,"date":"2025-11-17T10:00:11","date_gmt":"2025-11-17T01:00:11","guid":{"rendered":"https:\/\/www.ht-tax.or.jp\/navi\/?p=1844"},"modified":"2025-11-17T11:14:58","modified_gmt":"2025-11-17T02:14:58","slug":"stock-price-valuation-report-purpose","status":"publish","type":"post","link":"https:\/\/www.ht-tax.or.jp\/navi\/stock-price-valuation-report-purpose","title":{"rendered":"\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u3092\u4f5c\u6210\u3059\u308b4\u3064\u306e\u76ee\u7684\u306b\u3064\u3044\u3066\u89e3\u8aac"},"content":{"rendered":"

\u4f01\u696d\u306e\u682a\u5f0f\u3092\u3081\u3050\u308b\u53d6\u5f15\u3084\u627f\u7d99\u306e\u5834\u9762\u3067\u306f\u3001\u300c\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u300d<\/span><\/strong>\u3068\u3044\u3046\u8a00\u8449\u3092\u8033\u306b\u3059\u308b\u3053\u3068\u304c\u5c11\u306a\u304f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n

\u3057\u304b\u3057\u3001\u591a\u304f\u306e\u7d4c\u55b6\u8005\u3084\u62c5\u5f53\u8005\u3001\u76f8\u7d9a\u4eba\u306a\u3069\u306b\u3068\u3063\u3066\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306f\u300c\u5c02\u9580\u7684\u306a\u66f8\u985e\u306e\u3072\u3068\u3064\u300d\u3068\u3044\u3046\u7a0b\u5ea6\u306e\u7406\u89e3\u306b\u3068\u3069\u307e\u308a\u304c\u3061\u3067\u3059\u3002<\/p>\n

\u3044\u3056\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306b\u3064\u3044\u3066\u3001\u4e0a\u5c64\u90e8\u3084\u53d6\u5f15\u5148\u306b\u8aac\u660e\u3092\u3059\u308b\u6bb5\u968e\u306b\u306a\u3063\u305f\u3068\u304d\u3001\u3042\u308b\u3044\u306f\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u304c\u5fc5\u8981\u3060\u3068\u9867\u554f\u7a0e\u7406\u58eb\u304b\u3089\u30a2\u30c9\u30d0\u30a4\u30b9\u3092\u53d7\u3051\u305f\u3068\u304d\u306a\u3069\u306b\u3001\u300c\u672c\u5f53\u306b\u5fc5\u8981\u306a\u306e\u304b\uff1f\u300d\u3001\u300c\u3069\u306e\u3088\u3046\u306a\u76ee\u7684\u3067\u4f5c\u6210\u3059\u308b\u306e\u304b\uff1f\u300d<\/span><\/strong>\u306a\u3069\u3068\u7591\u554f\u306b\u601d\u308f\u308c\u308b\u65b9\u3082\u591a\u3044\u3067\u3057\u3087\u3046\u3002<\/p>\n

\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306f\u3001\u682a\u5f0f\u306e\u5024\u6bb5\u3092\u7b97\u51fa\u3059\u308b\u3060\u3051\u306e\u66f8\u985e\u3067\u306f\u306a\u304f\u3001M&A\u3084\u4e8b\u696d\u627f\u7d99\u3068\u3044\u3063\u305f\u91cd\u8981\u306a\u5c40\u9762\u306b\u304a\u3044\u3066\u3001\u53d6\u5f15\u306e\u516c\u6b63\u6027\u3092\u62c5\u4fdd\u3057\u3001\u7d1b\u4e89\u3092\u672a\u7136\u306b\u9632\u3050\u305f\u3081\u306e\u5927\u304d\u306a\u610f\u5473\u3092\u6301\u3061\u307e\u3059\u3002<\/strong><\/p>\n

\u3053\u306e\u8a18\u4e8b\u3067\u306f\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u3001\u306a\u3044\u3057\u306f\u682a\u4fa1\u7b97\u5b9a\u81ea\u4f53\u304c\u6c42\u3081\u3089\u308c\u308b\u76ee\u7684\u3092\u6574\u7406<\/span><\/strong>\u3057\u3001\u7d4c\u55b6\u3084\u8cc7\u7523\u627f\u7d99\u306a\u3069\u306b\u643a\u308f\u308b\u65b9\u304c\u3001\u5b89\u5fc3\u3057\u3066\u6b21\u306e\u30b9\u30c6\u30c3\u30d7\u306b\u9032\u3080\u305f\u3081\u306e\u57fa\u790e\u77e5\u8b58\u3092\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n

1.\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u3092\u4f5c\u308b\u4e3b\u306a\u76ee\u7684\u306f\u300c\u682a\u4fa1\u306e\u59a5\u5f53\u6027\u3092\u8a3c\u660e\u3059\u308b\u3053\u3068\u300d\u306b\u3042\u308b<\/h2>\n

\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306e\u6700\u5927\u306e\u76ee\u7684\u306f\u3001\u682a\u4fa1\u304c\u6063\u610f\u7684\u306b\u6c7a\u3081\u3089\u308c\u305f\u3082\u306e\u3067\u306f\u306a\u304f\u3001\u7b2c\u4e09\u8005\u304b\u3089\u898b\u3066\u3082\u59a5\u5f53\u3067\u3042\u308b\u3053\u3068\u3092\u8a3c\u660e\u3059\u308b\u70b9\u306b\u3042\u308a\u307e\u3059\u3002<\/span><\/strong><\/p>\n

\u3064\u307e\u308a\u3001<\/strong>\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306f\u3001\u53d6\u5f15\u4fa1\u683c\u306e\u516c\u6b63\u6027\u3001\u59a5\u5f53\u6027\u3092\u8a3c\u660e\u3059\u308b\u305f\u3081\u306b\u4f5c\u6210\u3055\u308c\u307e\u3059\u3002<\/strong><\/p>\n

\u4f01\u696d\u304c\u81ea\u793e\u5185\u3067\u72ec\u81ea\u306b\u682a\u4fa1\u3092\u7b97\u5b9a\u3057\u3066\u3082\u3001\u95a2\u4fc2\u8005\u306b\u3068\u3063\u3066\u306f\u300c\u672c\u5f53\u306b\u6b63\u3057\u3044\u306e\u304b\uff1f\u300d\u3068\u3044\u3046\u7591\u5ff5\u304c\u6b8b\u308a\u3084\u3059\u3044\u3082\u306e\u3067\u3059\u3002<\/p>\n

\u307e\u305f\u3001\u682a\u5f0f\u306e\u53d6\u5f15\u306f\u3001\u8cb7\u3044\u624b\u3068\u58f2\u308a\u624b\u306e\u5229\u5bb3\u304c\u771f\u3063\u5411\u304b\u3089\u5bfe\u7acb\u3059\u308b\u305f\u3081\u3001\u4fa1\u683c\u306e\u6839\u62e0\u304c\u4e0d\u660e\u78ba\u3060\u3068\u300c\u9ad8\u3059\u304e\u308b\u300d\u300c\u5b89\u3059\u304e\u308b\u300d\u3068\u3044\u3063\u305f\u4e0d\u6e80\u304c\u5fc5\u305a\u751f\u307e\u308c\u307e\u3059\u3002\u3053\u308c\u3092\u907f\u3051\u308b\u305f\u3081\u306b\u306f\u3001\u7406\u8ad6\u7684\u306a\u7b97\u5b9a\u65b9\u6cd5\u306b\u57fa\u3065\u3044\u305f\u8a3c\u62e0\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n

\u305d\u3053\u3067\u3001\u516c\u6b63\u306a\u7b97\u5b9a\u624b\u6cd5\u3092\u3082\u3068\u306b\u3001\u4f1a\u8a08\u4e8b\u52d9\u6240\u3084\u7a0e\u7406\u58eb\u4e8b\u52d9\u6240\u3068\u3044\u3063\u305f\u7b2c\u4e09\u8005\u304c\u4f5c\u6210\u3059\u308b\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u304c\u5fc5\u8981\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n

\u4f8b\u3048\u3070\u3001M&A\u306e\u5834\u9762\u3067\u8cb7\u3044\u624b\u304c\u300c\u59a5\u5f53\u306a\u4fa1\u683c\u3067\u8cb7\u53ce\u3057\u305f\u300d\u3068\u91d1\u878d\u6a5f\u95a2\u3084\u6295\u8cc7\u5bb6\u306b\u8aac\u660e\u3059\u308b\u306b\u306f\u3001\u5c02\u9580\u5bb6\u304c\u4f5c\u6210\u3057\u305f\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u304c\u6b20\u304b\u305b\u307e\u305b\u3093\u3002<\/p>\n

\u3053\u306e\u5ba2\u89b3\u6027\u3053\u305d\u304c\u3001\u30c8\u30e9\u30d6\u30eb\u9632\u6b62\u3084\u8aac\u660e\u8cac\u4efb\u3001\u7a0e\u52d9\u30ea\u30b9\u30af\u8efd\u6e1b\u3068\u3044\u3063\u305f\u5b9f\u52d9\u4e0a\u306e\u30e1\u30ea\u30c3\u30c8\u306b\u3064\u306a\u304c\u3063\u3066\u3044\u304f\u306e\u3067\u3059\u3002<\/p>\n

\u3053\u306e\u8a18\u4e8b\u3067\u306f\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306b\u3088\u308a\u5ba2\u89b3\u6027\u304c\u62c5\u4fdd\u3055\u308c\u308b\u3053\u3068\u3067\u3001\u3069\u306e\u3088\u3046\u306a\u30e1\u30ea\u30c3\u30c8\u304c\u3082\u305f\u3089\u3055\u308c\u308b\u306e\u304b\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u3092\u4f5c\u6210\u3059\u308b\u5177\u4f53\u7684\u306a\u76ee\u7684\u306b\u3064\u3044\u3066\u89e3\u8aac<\/span><\/strong>\u3057\u3066\u3044\u304d\u307e\u3059\u3002<\/p>\n

2.\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u3092\u4f5c\u308b\u305d\u306e\u4ed6\u306e\u76ee\u7684<\/h2>\n

\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u3092\u4f5c\u308b\u4e00\u756a\u306e\u76ee\u7684\u306f\u30011\u7ae0<\/span><\/strong>\u3067\u304a\u4f1d\u3048\u3057\u305f\u3088\u3046\u306b\u300c\u682a\u4fa1\u306e\u59a5\u5f53\u6027\u3092\u8a3c\u660e\u3059\u308b\u3053\u3068\u300d\u306b\u3042\u308a\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u682a\u4fa1\u306e\u59a5\u5f53\u6027\u3092\u8a3c\u660e\u3059\u308b\u3053\u3068\u304b\u3089\u3055\u3089\u306b\u767a\u5c55\u3055\u305b\u308b\u3068\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u3092\u4f5c\u308b\u3053\u3068\u306b\u306f\u3001\u5225\u306e2\u3064\u306e\u76ee\u7684\u304c\u8003\u3048\u3089\u308c\u307e\u3059\u3002<\/p>\n

\u3053\u306e\u7ae0\u3067\u306f\u3001\u300c\u682a\u4fa1\u306e\u59a5\u5f53\u6027\u3092\u8a3c\u660e\u3059\u308b\u3053\u3068\u300d\u306b\u7d10\u3065\u304f\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u3092\u4f5c\u308b\u305f\u3081\u306e2\u3064\u306e\u76ee\u7684\u306b\u3064\u3044\u3066\u89e3\u8aac<\/span><\/strong>\u3057\u307e\u3059\u3002<\/p>\n

\u200b2-1.\u30c8\u30e9\u30d6\u30eb\u3092\u9632\u3050\u305f\u3081<\/h3>\n

\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306f\u3001\u95a2\u4fc2\u8005\u9593\u306e\u7d1b\u4e89\u3084\u30c8\u30e9\u30d6\u30eb\u3092\u672a\u7136\u306b\u9632\u3050\u305f\u3081\u306b\u3082\u4f5c\u6210\u3055\u308c\u307e\u3059\u3002<\/span><\/strong><\/p>\n

\u682a\u4fa1\u306f\u7279\u306b\u3001\u300c\u5c06\u6765\u306e\u5229\u76ca\u3092\u3069\u3046\u898b\u8fbc\u3080\u304b\u300d\u306b\u5de6\u53f3\u3055\u308c\u308b\u305f\u3081\u3001\u4e3b\u89b3\u7684\u306a\u610f\u898b\u304c\u5f37\u304f\u5165\u308a\u8fbc\u307f\u3084\u3059\u3044\u9818\u57df\u3067\u3059\u3002\u305d\u306e\u305f\u3081\u3001\u7b2c\u4e09\u8005\u306b\u3088\u308b\u5ba2\u89b3\u7684\u306a\u8a55\u4fa1\u3092\u63d0\u793a\u3057\u3066\u304a\u304f\u3053\u3068\u3067\u3001\u5f8c\u3005\u306e\u300c\u4e0d\u516c\u5e73\u3060\u3063\u305f\u306e\u3067\u306f\u306a\u3044\u304b\u300d\u3068\u3044\u3046\u7591\u5ff5\u3092\u5c01\u3058\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n

\u4f8b\u3048\u3070\u3001\u5c11\u6570\u682a\u4e3b\u304c\u4f1a\u793e\u682a\u5f0f\u3092\u8cb7\u3044\u623b\u3059\u5834\u5408\u306a\u3069\u306b\u3001\u7b97\u5b9a\u6839\u62e0\u306e\u306a\u3044\u4fa1\u683c\u3067\u8cb7\u3044\u623b\u3059\u8981\u671b\u3092\u51fa\u3057\u3066\u3082\u53d6\u5f15\u306f\u6210\u7acb\u3057\u307e\u305b\u3093\u3002\u6539\u3081\u3066\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u3092\u63d0\u793a\u3059\u308b\u3053\u3068\u3067\u3001\u3053\u3046\u3057\u305f\u4e0d\u6e80\u3092\u89e3\u6d88\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n

\u30c8\u30e9\u30d6\u30eb\u306e\u706b\u7a2e\u3092\u6e1b\u3089\u3059\u4e88\u9632\u7b56\u3068\u3057\u3066\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306f\u6709\u52b9\u3067\u3059\u3002<\/p>\n

2-2.\u610f\u601d\u6c7a\u5b9a\u306e\u6839\u62e0\u306b\u306a\u308b\u305f\u3081<\/h3>\n

\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306f\u3001\u7d4c\u55b6\u8005\u3084\u5f79\u54e1\u304c\u682a\u4fa1\u3092\u6c7a\u5b9a\u3059\u308b\u6839\u62e0\u3068\u306a\u308a\u3001\u6839\u62e0\u3092\u8aac\u660e\u3059\u308b\u305f\u3081\u306e\u91cd\u8981\u306a\u30c4\u30fc\u30eb\u3067\u3082\u3042\u308a\u307e\u3059\u3002<\/span><\/strong><\/p>\n

\u682a\u5f0f\u306e\u4fa1\u683c\u306f\u4f1a\u793e\u306e\u4fa1\u5024\u305d\u306e\u3082\u306e\u3067\u3042\u308a\u3001\u610f\u601d\u6c7a\u5b9a\u306b\u304a\u3044\u3066\u5229\u5bb3\u95a2\u4fc2\u8005\u3078\u306e\u8aac\u660e\u8cac\u4efb\u304c\u4f34\u3044\u307e\u3059\u3002\u7279\u306b\u4e0a\u5834\u4f01\u696d\u3084\u5927\u898f\u6a21\u306aM&A\u306e\u5834\u9762\u3067\u306f\u300c\u306a\u305c\u3053\u306e\u4fa1\u683c\u306a\u306e\u304b\u300d\u3092\u660e\u78ba\u306b\u793a\u3059\u3053\u3068\u304c\u5f37\u304f\u6c42\u3081\u3089\u308c\u307e\u3059\u3002<\/p>\n

\u4f8b\u3048\u3070\u3001M&A\u306e\u8cb7\u53ce\u4fa1\u683c\u304c\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u3068\u4e00\u81f4\u3057\u3066\u3044\u308c\u3070\u3001\u682a\u4e3b\u7dcf\u4f1a\u3067\u306e\u627f\u8a8d\u3082\u30b9\u30e0\u30fc\u30ba\u306b\u9032\u307f\u3001\u53cd\u5bfe\u610f\u898b\u3092\u6700\u5c0f\u9650\u306b\u6291\u3048\u308b\u3053\u3068\u304c\u53ef\u80fd\u3067\u3059\u3002<\/p>\n

\u793e\u5185\u5916\u3078\u306e\u8aac\u660e\u8cac\u4efb\u3092\u679c\u305f\u3059\u305f\u3081\u306e\u6839\u62e0\u3001\u8cc7\u6599\u3068\u3057\u3066\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306f\u5fc5\u8981\u3068\u3055\u308c\u307e\u3059\u3002<\/p>\n

3.\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u3092\u4f5c\u308b\u3053\u3068\u306b\u3088\u308b\u52b9\u679c<\/h2>\n

\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306f\u3001\u682a\u5f0f\u3092\u6271\u3046\u7d4c\u55b6\u3084\u53d6\u5f15\u306e\u73fe\u5834\u306b\u304a\u3044\u3066\u5b9f\u969b\u7684\u306a\u52b9\u679c<\/span><\/strong>\u3092\u3082\u305f\u3089\u3057\u307e\u3059\u3002<\/p>\n

\u4e0a\u5c64\u90e8\u3084\u53d6\u5f15\u5148\u306b\u5bfe\u3059\u308b\u8aac\u660e\u8cac\u4efb\u3092\u679c\u305f\u3059\u3053\u3068\u3001\u7a0e\u52d9\u30ea\u30b9\u30af\u3092\u8efd\u6e1b\u3059\u308b\u3053\u3068\u3001M&A\u306b\u304a\u3051\u308b\u8cb7\u3044\u624b\u5074\u306e\u7d0d\u5f97\u3092\u5f97\u308b\u3053\u3068\u306a\u3069\u3001\u591a\u65b9\u9762\u306b\u304a\u3044\u3066\u5f79\u7acb\u3064\u306e\u3067\u3059\u3002<\/p>\n

\u3053\u306e\u7ae0\u3067\u306f\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u304c\u3082\u305f\u3089\u3059\u5177\u4f53\u7684\u306a\u52b9\u679c<\/span><\/strong>\u3092\u6574\u7406\u3057\u307e\u3059\u3002<\/p>\n

3-1.\u4e0a\u5c64\u90e8\u3084\u53d6\u5f15\u5148\u3078\u306e\u8aac\u660e\u8cac\u4efb\u3092\u679c\u305f\u3059\u3053\u3068\u304c\u3067\u304d\u308b\u3088\u3046\u306b\u306a\u308b<\/h3>\n

\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u304c\u3042\u308c\u3070\u3001\u4e0a\u5c64\u90e8\u3084\u53d6\u5f15\u5148\u306b\u5bfe\u3057\u3066\u300c\u306a\u305c\u305d\u306e\u4fa1\u683c\u306a\u306e\u304b\u300d\u3092\u660e\u78ba\u306b\u8aac\u660e\u3067\u304d\u3001\u8aac\u660e\u8cac\u4efb\u3092\u679c\u305f\u305b\u307e\u3059\u3002<\/span><\/strong><\/p>\n

\u682a\u4fa1\u306f\u91d1\u984d\u306e\u5927\u5c0f\u3060\u3051\u3067\u306a\u304f\u3001\u53d6\u5f15\u306e\u6b63\u5f53\u6027\u3084\u900f\u660e\u6027\u3092\u793a\u3059\u91cd\u8981\u306a\u8981\u7d20\u3067\u3059\u3002\u7d4c\u55b6\u5224\u65ad\u3084\u682a\u5f0f\u53d6\u5f15\u306b\u95a2\u3057\u3066\u3001\u5ba2\u89b3\u7684\u6839\u62e0\u306e\u306a\u3044\u6570\u5b57\u3067\u306f\u793e\u5185\u5916\u306e\u95a2\u4fc2\u8005\u3092\u7d0d\u5f97\u3055\u305b\u308b\u3053\u3068\u306f\u96e3\u3057\u304f\u3001\u4fe1\u7528\u3092\u640d\u306a\u3046\u30ea\u30b9\u30af\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n

\u4f8b\u3048\u3070\u3001\u4e8b\u696d\u627f\u7d99\u306e\u969b\u306b\u682a\u5f0f\u3092\u8b72\u6e21\u3059\u308b\u5834\u5408\u3067\u3082\u3001\u7b2c\u4e09\u8005\u6a5f\u95a2\u304c\u4f5c\u6210\u3057\u305f\u5831\u544a\u66f8\u3092\u63d0\u793a\u3059\u308c\u3070\u300c\u5408\u7406\u7684\u306a\u8a55\u4fa1\u306b\u57fa\u3065\u3044\u3066\u3044\u308b\u300d\u3068\u53d6\u5f15\u5148\u3084\u91d1\u878d\u6a5f\u95a2\u306b\u8aac\u660e\u3067\u304d\u307e\u3059\u3002\u3053\u308c\u306b\u3088\u308a\u300c\u6063\u610f\u7684\u306a\u53d6\u5f15\u300d\u3067\u306f\u306a\u3044\u3053\u3068\u3092\u660e\u78ba\u306b\u793a\u305b\u307e\u3059\u3002<\/p>\n

\u8aac\u660e\u8cac\u4efb\u3092\u679c\u305f\u3059\u3053\u3068\u306f\u3001\u682a\u4e3b\u3084\u53d6\u5f15\u5148\u306e\u4fe1\u983c\u3092\u5f97\u308b\u3046\u3048\u3067\u4e0d\u53ef\u6b20\u3067\u3042\u308a\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306f\u305d\u306e\u305f\u3081\u306e\u5f37\u529b\u306a\u652f\u3048\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n

3-2.M&A\u306e\u5834\u9762\u3067\u8cb7\u3044\u624b\u306b\u3001\u59a5\u5f53\u306a\u58f2\u8cb7\u3060\u3063\u305f\u3068\u7406\u89e3\u3057\u3066\u3082\u3089\u3048\u308b\u3088\u3046\u306b\u306a\u308b<\/h3>\n

M&A<\/span><\/strong>\u306e\u73fe\u5834\u306b\u304a\u3044\u3066\u306f\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u304c\u3042\u308b\u3053\u3068\u3067\u3001\u8cb7\u3044\u624b\u306b\u300c\u3053\u306e\u53d6\u5f15\u306f\u59a5\u5f53\u3060\u300d\u3068\u7406\u89e3\u3057\u3066\u3082\u3089\u3044\u3084\u3059\u304f\u306a\u308a\u307e\u3059\u3002<\/span><\/strong><\/p>\n

\u4f01\u696d\u306e\u58f2\u8cb7\u306f\u591a\u984d\u306e\u8cc7\u91d1\u304c\u52d5\u304f\u305f\u3081\u3001\u4fa1\u683c\u304c\u9069\u6b63\u304b\u3069\u3046\u304b\u306f\u6975\u3081\u3066\u91cd\u8981\u3067\u3059\u3002\u6063\u610f\u7684\u306b\u8a2d\u5b9a\u3055\u308c\u305f\u4fa1\u683c\u3067\u306f\u3001\u8cb7\u3044\u624b\u304c\u7d0d\u5f97\u305b\u305a\u3001\u4ea4\u6e09\u306e\u505c\u6ede\u3084\u7834\u8ac7\u306e\u30ea\u30b9\u30af\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n

\u4f8b\u3048\u3070\u3001\u672a\u4e0a\u5834\u4f01\u696d\u306e\u682a\u5f0f\u58f2\u5374\u3067\u306f\u5e02\u5834\u4fa1\u683c\u304c\u5b58\u5728\u3057\u306a\u3044\u305f\u3081\u3001DCF\u6cd5\u3084\u985e\u4f3c\u4f1a\u793e\u6bd4\u6e96\u6cd5\u306a\u3069\u3092\u7528\u3044\u305f\u7b97\u5b9a\u66f8\u3092\u63d0\u793a\u3059\u308b\u3053\u3068\u304c\u4ea4\u6e09\u306e\u524d\u63d0\u3068\u306a\u308a\u307e\u3059\u3002\u3053\u308c\u306b\u3088\u308a\u3001\u8cb7\u3044\u624b\u306f\u300c\u5ba2\u89b3\u7684\u306a\u6839\u62e0\u306b\u57fa\u3065\u3044\u305f\u4fa1\u683c\u3060\u300d\u3068\u5224\u65ad\u3067\u304d\u3001\u5951\u7d04\u306b\u81f3\u308a\u3084\u3059\u304f\u306a\u308a\u307e\u3059\u3002<\/p>\n

M&A\u306e\u6210\u529f\u306b\u306f\u3001\u53cc\u65b9\u304c\u7d0d\u5f97\u3067\u304d\u308b\u4fa1\u683c\u306e\u63d0\u793a\u304c\u4e0d\u53ef\u6b20\u3067\u3042\u308a\u3001\u305d\u306e\u88cf\u4ed8\u3051\u3068\u306a\u308b\u306e\u304c\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u3067\u3059\u3002<\/p>\n

4.\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306e\u4f5c\u6210\u3067\u304a\u60a9\u307f\u306e\u65b9\u306f\u3001\u8fbb\u30fb\u672c\u90f7 FAS\u682a\u5f0f\u4f1a\u793e\u3078\u3054\u76f8\u8ac7\u3092<\/h2>\n

\u682a\u4fa1\u7b97\u5b9a\u3084\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306e\u4f5c\u6210<\/strong>\u306f\u3001\u9ad8\u5ea6\u306a\u5c02\u9580\u77e5\u8b58\u3068\u7d4c\u9a13\u3092\u8981\u3059\u308b\u5206\u91ce\u3067\u3059\u3002<\/p>\n

\u7279\u306b\u3001\u672a\u4e0a\u5834\u4f01\u696d\u306e\u682a\u5f0f\u8a55\u4fa1\u3067\u306f\u3001DCF\u6cd5\u3001\u985e\u4f3c\u4f1a\u793e\u6bd4\u6e96\u6cd5\u3001\u7d14\u8cc7\u7523\u6cd5\u306a\u3069\u8907\u6570\u306e\u8a55\u4fa1\u624b\u6cd5\u3092\u72b6\u6cc1\u306b\u5fdc\u3058\u3066\u9078\u629e\u30fb\u7d44\u307f\u5408\u308f\u305b\u308b\u5fc5\u8981\u304c\u3042\u308a\u3001\u7d4c\u55b6\u8005\u3084\u76f8\u7d9a\u4eba\u304c\u72ec\u81ea\u306b\u5bfe\u5fdc\u3059\u308b\u306e\u306f\u56f0\u96e3\u3067\u3059\u3002<\/p>\n

\u3055\u3089\u306b\u3001\u4e0a\u5c64\u90e8\u3078\u306e\u8aac\u660e\u8cac\u4efb\u3084\u3001\u682a\u4e3b\u30fb\u53d6\u5f15\u5148\u3068\u306e\u4ea4\u6e09\u6750\u6599\u3068\u3057\u3066\u3082\u6d3b\u7528\u3055\u308c\u308b\u305f\u3081\u3001\u4fe1\u983c\u6027\u306e\u9ad8\u3044\u7b2c\u4e09\u8005\u306b\u3088\u308b\u7b97\u5b9a\u304c\u6c42\u3081\u3089\u308c\u307e\u3059\u3002<\/p>\n

\u8fbb\u30fb\u672c\u90f7 FAS\u682a\u5f0f\u4f1a\u793e<\/span><\/strong>\u3067\u306f\u3001M&A\u3084\u4e8b\u696d\u627f\u7d99\u3068\u3044\u3063\u305f\u5834\u9762\u306b\u5fdc\u3058\u305f\u9069\u5207\u306a\u682a\u4fa1\u7b97\u5b9a\u3092\u884c\u3044\u3001\u5831\u544a\u66f8\u3068\u3057\u3066\u3054\u63d0\u4f9b<\/span><\/strong>\u3044\u305f\u3057\u307e\u3059\u3002<\/p>\n

\u8fbb\u30fb\u672c\u90f7\u30b0\u30eb\u30fc\u30d7<\/span><\/strong>\u306e\u7dcf\u5408\u529b\u3092\u6d3b\u304b\u3057\u3001\u7a0e\u52d9\u30fb\u4f1a\u8a08\u30fb\u6cd5\u52d9\u306e\u89b3\u70b9\u304b\u3089\u3082\u4e00\u8cab\u3057\u305f\u30b5\u30dd\u30fc\u30c8\u304c\u53ef\u80fd\u3067\u3059\u3002<\/p>\n

\u300c\u682a\u4fa1\u7b97\u5b9a\u304c\u672c\u5f53\u306b\u5fc5\u8981\u304b\u308f\u304b\u3089\u306a\u3044\u300d<\/strong><\/p>\n

\u300c\u3069\u306e\u8a55\u4fa1\u65b9\u6cd5\u3092\u9078\u3079\u3070\u3088\u3044\u306e\u304b\u8ff7\u3063\u3066\u3044\u308b\u300d<\/strong><\/p>\n

\u300c\u53d6\u5f15\u5148\u3084\u5c11\u6570\u682a\u4e3b\u306b\u793a\u305b\u308b\u4fe1\u983c\u6027\u306e\u9ad8\u3044\u5831\u544a\u66f8\u3092\u4f5c\u308a\u305f\u3044\u300d<\/strong><\/p>\n

\u3053\u306e\u3088\u3046\u306a\u304a\u60a9\u307f\u304c\u3042\u308c\u3070\u3001\u305c\u3072\u4e00\u5ea6\u3001\u8fbb\u30fb\u672c\u90f7 FAS\u682a\u5f0f\u4f1a\u793e<\/span><\/strong>\u3078\u3054\u76f8\u8ac7\u304f\u3060\u3055\u3044\u3002<\/p>\n

5.\u307e\u3068\u3081<\/h2>\n

\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306f<\/span><\/strong>\u3001\u4e3b\u306b\u3001\u682a\u4fa1\u7b97\u5b9a\u306e\u5185\u5bb9\u3092\u5ba2\u89b3\u7684\u306b\u3082\u6b63\u5f53\u3067\u3042\u308b\u3068\u8a3c\u660e\u3059\u308b\u305f\u3081\u306b<\/span><\/strong>\u4f5c\u6210\u3055\u308c\u308b\u66f8\u985e\u3067\u3059\u3002<\/p>\n

\n

\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u4f5c\u6210\u306e\u4e3b\u306a\u76ee\u7684<\/strong><\/p>\n

\u30fb\u516c\u6b63\u306a\u4fa1\u683c\u306e\u8a3c\u660e\u306e\u305f\u3081<\/p>\n

\u30fb\u30c8\u30e9\u30d6\u30eb\u306e\u9632\u6b62\u306e\u305f\u3081<\/p>\n

\u30fb\u8aac\u660e\u8cac\u4efb\u306e\u5c65\u884c\u306e\u305f\u3081<\/p>\n<\/div>\n

\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306e\u76ee\u7684\u3092\u7406\u89e3\u3057\u3066\u3001\u53d6\u5f15\u3084\u627f\u7d99\u306e\u5834\u306b\u304a\u3044\u3066\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306e\u4f5c\u6210\u304c\u5fc5\u8981\u3060\u3068\u611f\u3058\u305f\u65b9\u306b\u3068\u3063\u3066\u3001\u6b21\u306b\u5927\u5207\u306a\u306e\u306f\u5b9f\u969b\u306b\u4fe1\u983c\u3067\u304d\u308b\u5c02\u9580\u5bb6\u3078\u76f8\u8ac7\u3059\u308b\u3053\u3068\u3067\u3059\u3002<\/p>\n

\u4e0d\u5b89\u306a\u3053\u3068\u304c\u3042\u308c\u3070\u3001\u8fbb\u30fb\u672c\u90f7 FAS\u682a\u5f0f\u4f1a\u793e<\/span><\/strong>\u3078\u3054\u76f8\u8ac7\u304f\u3060\u3055\u3044\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u4f01\u696d\u306e\u682a\u5f0f\u3092\u3081\u3050\u308b\u53d6\u5f15\u3084\u627f\u7d99\u306e\u5834\u9762\u3067\u306f\u3001\u300c\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u300d\u3068\u3044\u3046\u8a00\u8449\u3092\u8033\u306b\u3059\u308b\u3053\u3068\u304c\u5c11\u306a\u304f\u3042\u308a\u307e\u305b\u3093\u3002 \u3057\u304b\u3057\u3001\u591a\u304f\u306e\u7d4c\u55b6\u8005\u3084\u62c5\u5f53\u8005\u3001\u76f8\u7d9a\u4eba\u306a\u3069\u306b\u3068\u3063\u3066\u3001\u682a\u4fa1\u7b97\u5b9a\u5831\u544a\u66f8\u306f\u300c\u5c02\u9580\u7684\u306a\u66f8\u985e\u306e\u3072\u3068\u3064\u300d\u3068\u3044\u3046\u7a0b\u5ea6\u306e\u7406\u89e3\u306b\u3068\u3069\u307e\u308a […]<\/p>\n","protected":false},"author":16,"featured_media":1843,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[49],"class_list":["post-1844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fas"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.ht-tax.or.jp\/navi\/wp-json\/wp\/v2\/posts\/1844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ht-tax.or.jp\/navi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ht-tax.or.jp\/navi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ht-tax.or.jp\/navi\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ht-tax.or.jp\/navi\/wp-json\/wp\/v2\/comments?post=1844"}],"version-history":[{"count":3,"href":"https:\/\/www.ht-tax.or.jp\/navi\/wp-json\/wp\/v2\/posts\/1844\/revisions"}],"predecessor-version":[{"id":1881,"href":"https:\/\/www.ht-tax.or.jp\/navi\/wp-json\/wp\/v2\/posts\/1844\/revisions\/1881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ht-tax.or.jp\/navi\/wp-json\/wp\/v2\/media\/1843"}],"wp:attachment":[{"href":"https:\/\/www.ht-tax.or.jp\/navi\/wp-json\/wp\/v2\/media?parent=1844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ht-tax.or.jp\/navi\/wp-json\/wp\/v2\/categories?post=1844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}