{"id":2118,"date":"2025-12-23T10:00:22","date_gmt":"2025-12-23T01:00:22","guid":{"rendered":"https:\/\/www.ht-tax.or.jp\/navi\/?p=2118"},"modified":"2025-12-17T18:26:41","modified_gmt":"2025-12-17T09:26:41","slug":"due-diligence-income-statement-analysis","status":"publish","type":"post","link":"https:\/\/www.ht-tax.or.jp\/navi\/due-diligence-income-statement-analysis","title":{"rendered":"\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\uff01\u610f\u7fa9\u3084\u8abf\u67fb\u5185\u5bb9\u3092\u7db2\u7f85\u7684\u306b\u7d39\u4ecb"},"content":{"rendered":"<p>\u8ca1\u52d9\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u4e00\u90e8\u3067\u3042\u308b\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u306f\u3001\u8cb7\u53ce\u3092\u4e88\u5b9a\u3057\u3066\u3044\u308b\u4f1a\u793e\uff08\u4ee5\u4e0b\u3001\u8cb7\u53ce\u4e88\u5b9a\u4f1a\u793e\uff09\u306e\u6b63\u3057\u3044\u53ce\u76ca\u529b\u3092\u7b97\u5b9a\u3059\u308b\u305f\u3081\u306b\u884c\u3044\u307e\u3059\u3002<\/p>\n<p>\u8a00\u8449\u3067\u8a00\u3046\u306e\u306f\u7c21\u5358\u3067\u3059\u304c\u3001<\/p>\n<ul>\n<li><strong>\u53ce\u76ca\u529b\u3092\u7b97\u5b9a\u3059\u308b\u305f\u3081\u306b\u306f\u3069\u3053\u3092\u898b\u308c\u3070\u3044\u3044\u306e\uff1f<\/strong><\/li>\n<li><strong>\u305d\u3082\u305d\u3082\u6b63\u3057\u3044\u53ce\u76ca\u529b\u3068\u306f?<\/strong><\/li>\n<\/ul>\n<p>\u3053\u306e\u3088\u3046\u306a\u7591\u554f\u304c\u3042\u308b\u65b9\u3082\u591a\u3044\u3067\u3057\u3087\u3046\u3002<\/p>\n<p>\u305d\u3053\u3067\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u306e\u5185\u5bb9\u306b\u3064\u3044\u3066\u3001\u9806\u3092\u8ffd\u3063\u3066\u3054\u7d39\u4ecb\u3057\u307e\u3059\u3002<\/p>\n<h2 id=\"mursr9wjkg0hflr5zdivh5\">1.\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306b\u304a\u3051\u308b\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u3068\u306f<\/h2>\n<p><strong>\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306b\u304a\u3051\u308b\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u306e\u4e3b\u306a\u76ee\u7684\u306f\u3001<\/strong><span style=\"font-size: 16px; color: #333333;\"><strong>\u6b63\u3057\u3044\u53ce\u76ca\u529b\u3092\u7b97\u5b9a\u3059\u308b\u3053\u3068\u3067\u3059\u3002<\/strong><\/span><\/p>\n<p><span style=\"font-size: 16px; color: #333333;\">\u6700\u521d\u306b\u3001\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u306e\u76ee\u7684\u3067\u3042\u308b\u300c<strong>\u6b63\u3057\u3044\u53ce\u76ca\u529b<\/strong>\u300d\u3068\u3001\u5168\u4f53\u50cf\u3001\u624b\u9806\u3092\u78ba\u8a8d\u3057\u307e\u3057\u3087\u3046\u3002<\/span><\/p>\n<h3 id=\"myf57dd6mwndretxe404b\">1-1.\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u306e\u4e3b\u306a\u76ee\u7684\u306f\u8cb7\u53ce\u5bfe\u8c61\u4f1a\u793e\u306e\u53ce\u76ca\u529b\u306e\u628a\u63e1<\/h3>\n<p>M&amp;A\u306b\u304a\u3044\u3066\u306f\u5358\u306b\u53ce\u76ca\u529b\u3092\u7b97\u5b9a\u3059\u308b\u3060\u3051\u3067\u306a\u304f\u3001\u5c06\u6765\u7684\u306b<strong>\u6301\u7d9a\u53ef\u80fd\u306a\u53ce\u76ca\u80fd\u529b<\/strong>\u3092\u898b\u6975\u3081\u306a\u304f\u3066\u306f\u306a\u308a\u307e\u305b\u3093\u3002\u305d\u306e\u3088\u3046\u306a\u53ce\u76ca\u529b\u3092\u3001\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u306b\u304a\u3044\u3066\u306f\u300c<strong><span style=\"color: #e25041;\">\u6b63\u5e38\u53ce\u76ca\u529b<\/span><\/strong>\u300d\u3068\u8a00\u3044\u307e\u3059\u3002<\/p>\n<p><span style=\"font-size: 16px; color: #28324e;\">\u6b63\u5e38\u53ce\u76ca<\/span><span style=\"color: #28324e;\">\u529b<\/span>\u3092\u628a\u63e1\u3059\u308b\u3053\u3068\u3067\u3001<span style=\"font-size: 16px; color: #333333;\">\u5bfe\u8c61\u4f1a\u793e\u304c\u751f\u307f\u51fa\u3059\u300c\u4fa1\u5024\u300d\u306e\u6e90\u6cc9\u3092\u6570\u5024\u3067\u628a\u63e1\u3067\u304d\u308b\u3001\u640d\u76ca\u69cb\u9020\u3092\u628a\u63e1\u3057\u3066M&amp;A\u5b9f\u884c\u5f8c\u306e\u30b7\u30ca\u30b8\u30fc\u52b9\u679c\u3082\u691c\u8a3c\u3067\u304d\u308b\u3001\u3068\u3044\u3063\u305f<\/span>\u52b9\u679c\u3092\u5f97\u3089\u308c\u307e\u3059\u3002<\/p>\n<p>\u5358\u306a\u308b<strong>\u53ce\u76ca\u529b<\/strong>\u3067\u3042\u308c\u3070\u3001\u640d\u76ca\u8a08\u7b97\u66f8\u306e\u6570\u5024\u3092\u305d\u306e\u307e\u307e\u7528\u3044\u308c\u3070\u8db3\u308a\u307e\u3059\u3002\u4f8b\u3048\u3070\u3001\u4e00\u822c\u7684\u306a\u5206\u6790\u6307\u6a19\u3067\u3042\u308bEBITDA\u306f\u640d\u76ca\u8a08\u7b97\u66f8\u306e<span style=\"font-size: 16px; color: #333333;\">\u55b6\u696d\u5229\u76ca\u3084\u6e1b\u4fa1\u511f\u5374\u8cbb<\/span>\u304b\u3089\u7b97\u5b9a\u3067\u304d\u307e\u3059\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001<strong><span style=\"color: #e25041;\">\u6b63\u5e38\u53ce\u76ca\u529b<\/span><\/strong>\u3092\u6c42\u3081\u308b\u305f\u3081\u306b\u306f\u3001\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u306e\u3086\u304c\u307f\u3084\u7570\u5e38\u70b9\u3092\u628a\u63e1\u3057\u3001\u8abf\u6574\u3092\u7d4c\u306a\u3051\u308c\u3070\u306a\u308a\u307e\u305b\u3093\u3002<strong>\u305d\u308c\u3089\u4e00\u9023\u306e\u904e\u7a0b\u304c\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u3067\u3059\u3002<\/strong><\/p>\n<h3 id=\"07amgsqvh5rqzd8qenur56h\">1-2.\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u306f\u8ca1\u52d9\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u4e00\u90e8<\/h3>\n<p>\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u306f\u3001\u8ca1\u52d9\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e3\u3064\u306e\u67f1\u306e\u3072\u3068\u3064\u3068\u3057\u3066\u3082\u91cd\u8981\u3067\u3059\u3002<\/p>\n<p>\u3010\u8ca1\u52d9\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e3\u3064\u306e\u67f1\u3011<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.ht-tax.or.jp\/navi\/cms\/wp-content\/uploads\/2025\/12\/yUYu9QT5nqmWedB7oz0KslHXv-1760514002.png\" style=\"display: block; vertical-align: top; margin: 5px auto 5px 0px; text-align: left; width: 72.4%;\" class=\"fr-draggable\" \/><\/p>\n<p><span style=\"font-size: 16px; color: #333333;\">\u640d\u76ca\u3084\u6e1b\u4fa1\u511f\u5374\u8cbb\u306e\u6570\u5024\u306f\u8ca1\u52d9\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u5206\u6790\u306b\u3082\u5f79\u7acb\u3066\u3089\u308c\u307e\u3059\u3002<\/span>\u307e\u305f\u3001\u7d14\u8cc7\u7523\u306f\u8cb8\u501f\u5bfe\u7167\u8868\u5206\u6790\u306b\u3082\u3064\u306a\u304c\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u203b\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u5168\u4f53\u50cf\u306f\u300c\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306b\u304a\u3051\u308b\u8cb8\u501f\u5bfe\u7167\u8868\u5206\u6790\uff01\u91cd\u8981\u8ad6\u70b9\u3092\u3054\u7d39\u4ecb\u300d\u3078\u30ea\u30f3\u30af<\/p>\n<h3 id=\"60siw4vzw4j3nt8wumqzfp\">1-3.\u8cb8\u501f\u5bfe\u7167\u8868\u5206\u6790\u306e\u624b\u9806<\/h3>\n<p>3\u3064\u306e\u624b\u9806\u3067\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u3092\u884c\u3044\u307e\u3059\u3002<\/p>\n<table width=\"100%\">\n<tbody>\n<tr>\n<th colspan=\"2\">\u6982\u8981<\/th>\n<\/tr>\n<tr>\n<td><strong>1.\u5168\u4f53\u50cf\u306e\u628a\u63e1<\/strong><\/td>\n<td>\u30fb\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u3092\u884c\u3046\u305f\u3081\u306e\u6e96\u5099\uff08\u8ca1\u52d9\u30fb\u4f1a\u8a08\u60c5\u5831\u306e\u628a\u63e1\uff09<br \/>\n\u30fb\u5206\u6790\u624b\u6cd5\u306e\u6c7a\u5b9a\u3001\u904e\u5e74\u5ea6\u5206\u6790\u306a\u3069<\/p>\n<div style=\"text-align: left;\">\u3000\u3000\u2192<a href=\"#h9y9mhsnowpgox6z854ue7\" target=\"_self\">\u3059\u3050\u8aad\u3080<\/a><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td><strong>2.\u640d\u76ca\u69cb\u9020\u306e\u628a\u63e1<\/strong><\/td>\n<td>\u30fb\u6b63\u5e38\u53ce\u76ca\u529b\u3092\u7b97\u5b9a\u3059\u308b\u305f\u3081\u306e\u571f\u53f0\u3092\u628a\u63e1\uff08\u57fa\u790e\u5206\u6790\uff09<br \/>\n\u30fb\u4e8b\u696d\u3084\u5546\u6d41\u3092\u7406\u89e3\u3059\u308b<br \/>\n\u3000\u3000\u2192<a href=\"#q6sfc8927fdaomvfo5p824\" target=\"_self\">\u3059\u3050\u8aad\u3080<\/a><\/td>\n<\/tr>\n<tr>\n<td><strong>3.\u6b63\u5e38\u53ce\u76ca\u529b\u306e\u628a\u63e1<\/strong><\/td>\n<td>\u30fb\u8abf\u6574\u30fb\u6307\u6a19\u5316\u306b\u3088\u308a\u3001\u4f1a\u793e\u306e\u7a3c\u3050\u529b\u3092\u7b97\u5b9a\u3059\u308b<br \/>\n\u30fb\u4ee3\u8868\u7684\u306a\u5206\u6790\u6307\u6a19\u306bEBITDA\u304c\u3042\u308b<br \/>\n\u3000\u3000\u2192<a href=\"#czi5w8r1icn1eir1bd6as6\" target=\"_self\">\u3059\u3050\u8aad\u3080<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u6700\u7d42\u7684\u306a\u76ee\u7684\u306f\u300c<strong>3.\u6b63\u5e38\u53ce\u76ca\u529b\u306e\u628a\u63e1<\/strong>\u300d\u3067\u3059\u304c\u3001\u6b63\u5e38\u53ce\u76ca\u529b\u3092\u5408\u7406\u7684\u306b\u7b97\u5b9a\u3059\u308b\u305f\u3081\u306e\u57fa\u790e\u5206\u6790\u3068\u3057\u3066\u300c<strong>2.\u640d\u76ca\u69cb\u9020\u306e\u628a\u63e1<\/strong>\u300d\u304c\u5fc5\u8981\u3067\u3059\u3002\u305d\u308c\u305e\u308c\u3001\u6b21\u306e\u3088\u3046\u306a\u5f79\u5272\u3092\u6301\u3061\u307e\u3059\u3002<\/p>\n<div class=\"attention a-1\">\n<p class=\"attention-p\">\u300c<strong>2.\u640d\u76ca\u69cb\u9020\u306e\u628a\u63e1<\/strong>\u300d<br \/>\n\u300c\u53ce\u76ca\u529b\u300d\u3092\u300c\u6b63\u5e38\u53ce\u76ca\u529b\u300d\u3078\u3068\u8abf\u6574\u3059\u308b\u305f\u3081\u306e\u57fa\u790e\u5206\u6790\u3002<span style=\"font-size: 16px; color: #333333;\">\u9069\u5207\u306a\u8abf\u6574\u3092\u884c\u3046\u305f\u3081\u306e\u571f\u53f0\u3067\u3042\u308a\u3001\u6b63\u5e38\u53ce\u76ca\u529b\u7b97\u5b9a\u306e\u5408\u7406\u7684\u6839\u62e0\u3068\u306a\u308b<\/span><\/p>\n<p class=\"attention-p\">\u300c<strong>3.\u6b63\u5e38\u53ce\u76ca\u529b\u306e\u628a\u63e1<\/strong>\u300d<br \/>\n\u300c2\u300d\u3092\u57fa\u306b\u6b63\u5e38\u53ce\u76ca\u529b\u3092\u7b97\u5b9a\u3002\u307e\u305f\u3001\u8cb7\u53ce\u4e88\u5b9a\u4f1a\u793e\u306e\u5b9f\u614b\u306b\u5fdc\u3058\u305f\u8abf\u6574\u3082\u884c\u3046\u3053\u3068\u3067\u3001\u3088\u308aM&amp;A<span style=\"font-size: 16px; color: #333333;\">\u3067\u5f79\u7acb\u3064\u6307\u6a19\u304c\u5c0e\u304d\u51fa\u305b\u308b<\/span><\/p>\n<\/div>\n<h2 id=\"h9y9mhsnowpgox6z854ue7\">2.\u3010\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u67901\u3011\u8ca1\u52d9\u30fb\u4f1a\u8a08\u60c5\u5831\u306e\u628a\u63e1<\/h2>\n<p>\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u306e\u4e2d\u5fc3\u306f\u640d\u76ca\u69cb\u9020\u306e\u628a\u63e1\u3067\u3059\u304c\u3001\u6700\u521d\u306b\u5168\u4f53\u50cf\u3092\u628a\u63e1\u3059\u308b\u305f\u3081\u306e\u4f5c\u696d\u3092\u884c\u3044\u307e\u3059\u3002<\/p>\n<h3 id=\"e5zrcqawzj4v4m8ef3cv0j\">2-1.\u4f1a\u8a08\u65b9\u91dd\u3084\u539f\u4fa1\u8a08\u7b97\u5236\u5ea6\u306e\u7406\u89e3<\/h3>\n<p>\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u3067\u306f\u8cb7\u53ce\u4e88\u5b9a\u4f1a\u793e\u306e\u8ca1\u52d9\u30fb\u4f1a\u8a08\u72b6\u6cc1\u3092\u7406\u89e3\u3057\u305f\u3046\u3048\u3067\u9032\u3081\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002\u305d\u306e\u305f\u3081\u3001\u3042\u3089\u304b\u3058\u3081\u6b21\u306e\u3088\u3046\u306a\u8981\u7d20\u306f\u628a\u63e1\u3057\u3066\u304a\u304d\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u7ba1\u7406\u4f1a\u8a08\u306e\u624b\u6cd5<\/li>\n<li>\u7d4c\u55b6\u5c64\u304c\u73fe\u5834\u306e\u5b9f\u7e3e\u3092\u3069\u3046\u5438\u3044\u4e0a\u3052\u3001\u307e\u3068\u3081\u3066\u3044\u308b\u304b<\/li>\n<li>\u53ce\u76ca\u30fb\u8cbb\u7528\u306b\u95a2\u3059\u308b\u4f1a\u8a08\u65b9\u91dd<\/li>\n<li>\u539f\u4fa1\u8a08\u7b97\u5236\u5ea6<\/li>\n<\/ul>\n<p>\u307e\u305f\u3001\u5206\u6790\u624b\u6cd5\u306f\u5f8c\u8ff0\u306e\u3088\u3046\u306b\u8907\u6570\u3042\u308a\u3001\u305d\u308c\u305e\u308c\u4f55\u3092\u660e\u3089\u304b\u306b\u3059\u308b\u304b\u304c\u7570\u306a\u308a\u307e\u3059\u3002\u8cb7\u53ce\u4e88\u5b9a\u4f1a\u793e\u306e\u5206\u6790\u306b\u9069\u3057\u305f\u3082\u306e\u3092\u9078\u3093\u3067\u3044\u304f\u3053\u3068\u304c\u5927\u5207\u3068\u8a00\u3048\u308b\u3067\u3057\u3087\u3046\u3002\u3053\u306e\u6bb5\u968e\u3067\u3069\u306e\u5206\u6790\u624b\u6cd5\u3092\u9078\u629e\u3059\u308b\u304b\u3001\u8cb7\u53ce\u4e88\u5b9a\u4f1a\u793e\u3068\u76f8\u8ac7\u3059\u308b\u3053\u3068\u3082\u6709\u7528\u3067\u3059\u3002<\/p>\n<h3 id=\"qtwzpo61h4l8ysv4ce8gy\">2-2.\u904e\u5e74\u5ea6\u5206\u6790\uff08\u63a8\u79fb\u5206\u6790\uff09<\/h3>\n<p><strong>\u904e\u5e74\u5ea6\u5206\u6790\uff08\u63a8\u79fb\u5206\u6790\uff09\u3067\u696d\u7e3e\u306e\u5909\u52d5\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002<\/strong>\u300c3\u4e8b\u696d\u5e74\u5ea6\u5206\u300d\u300c5\u4e8b\u696d\u5e74\u5ea6\u5206\u300d\u306a\u3069\u3068\u671f\u9593\u3092\u6c7a\u3081\u3066\u63a8\u79fb\u3092\u78ba\u8a8d\u3057\u3001\u6b21\u306e\u3088\u3046\u306a\u5909\u52d5\u8981\u56e0\u3092\u5206\u6790\u3057\u307e\u3059\u3002<\/p>\n<ul>\n<li><strong>\u5185\u90e8\u8981\u56e0\u306e\u628a\u63e1<\/strong><br \/>\n\u4e8b\u696d\u5185\u5bb9\u306e\u5909\u5316\u3084\u4f53\u5236\u5909\u66f4\u306a\u3069<\/li>\n<li><strong>\u5916\u90e8\u8981\u56e0\u306e\u5206\u6790<\/strong><br \/>\n\u7d4c\u6e08\u74b0\u5883\u306e\u5909\u5316\u3084\u6cd5\u4ee4\u5909\u66f4\u306a\u3069<br \/>\n\u74b0\u5883\u5909\u5316\u901f\u5ea6\u306b\u3064\u3044\u3066\u3082\u78ba\u8a8d\u3057\u307e\u3059<\/li>\n<\/ul>\n<p>\u63a8\u79fb\u5206\u6790\u306f\u3001\u904e\u53bb\u306e\u5076\u767a\u4e8b\u7531\u306e\u628a\u63e1\u306b\u3082\u5f79\u7acb\u3061\u307e\u3059\u3002\u3059\u306a\u308f\u3061\u3001\u5909\u52d5\u8981\u56e0\u304c\u5076\u767a\u4e8b\u7531\u3067\u3042\u308c\u3070\u3001\u4eca\u5f8c\u306e\u53ce\u76ca\u529b\u306b\u306f\u5f71\u97ff\u3057\u306a\u3044\u3068\u8003\u3048\u3089\u308c\u308b\u305f\u3081\u3001\u6b63\u5e38\u53ce\u76ca\u529b\u3092\u7b97\u5b9a\u3059\u308b\u969b\u306b\u8abf\u6574\u4e8b\u7531\u3068\u3057\u3066\u9664\u5916\u3067\u304d\u307e\u3059\u3002<\/p>\n<h3 id=\"ekgr07p8bp7y39qvatfxv\">2-3.\u640d\u76ca\u306e\u5206\u89e3<\/h3>\n<p>\u3072\u3068\u3064\u306e\u4f1a\u793e\u306e\u4e2d\u3067\u3082\u3001\u4e8b\u696d\u3084\u4e8b\u696d\u5730\u57df\u306b\u3088\u3063\u3066\u640d\u76ca\u69cb\u9020\u304c\u7570\u306a\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002\u305d\u306e\u3088\u3046\u306a\u30b1\u30fc\u30b9\u3067\u306f\u3001<strong>\u533a\u5206\u5225\u306b\u640d\u76ca\u69cb\u9020\u3092\u628a\u63e1\u3059\u308b\u3053\u3068\u304c\u671b\u307e\u3057\u3044\u3067\u3059\u3002\u640d\u76ca\u3092\u7d30\u304b\u304f\u5206\u6790\u3059\u308b\u3053\u3068\u3067\u3001\u53ce\u76ca\u3092\u3042\u3052\u3066\u300c\u3044\u308b\uff0f\u3044\u306a\u3044\u300d\u3092\u3088\u308a\u6df1\u304f\u628a\u63e1\u3067\u304d\u308b\u305f\u3081\u3067\u3059\u3002<\/strong><\/p>\n<p>\u4f8b\u3048\u3070\u6b21\u306e\u3088\u3046\u306a\u30b1\u30fc\u30b9\u3067\u3059\u3002<\/p>\n<ul>\n<li>\u8cb7\u53ce\u4e88\u5b9a\u4f1a\u793e\u304c\u8907\u6570\u306e\u4e8b\u696d\u3092\u55b6\u3093\u3067\u3044\u308b<\/li>\n<li>\u8907\u6570\u306e\u56fd\u3084\u5730\u57df\u3067\u4e8b\u696d\u3092\u884c\u3063\u3066\u3044\u308b<\/li>\n<\/ul>\n<p><span style=\"font-size: 16px; color: #333333;\">\u307e\u305f\u3001\u540c\u3058\u4e8b\u696d\u5185\u3067\u3082\u300c\u4e3b\u529b\u5546\u54c1\u7fa4\u3068\u305d\u308c\u4ee5\u5916\u300d\u306e\u3088\u3046\u306b\u3001\u3088\u308a<\/span>\u7d30\u5206\u5316\u3059\u308b\u65b9\u6cd5\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u305f\u3060\u3057\u3001\u7d30\u5206\u5316\u3059\u308c\u3070\u624b\u9593\u3082\u5927\u304d\u304f\u306a\u308b\u305f\u3081\u3001\u3069\u3053\u307e\u3067\u8abf\u3079\u308b\u304b\u306e\u7dda\u5f15\u304d\u306f\u5fc5\u8981\u3067\u3059\u3002\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u3092\u4f9d\u983c\u3059\u308b\u5c02\u9580\u5bb6\u3068\u76f8\u8ac7\u3057\u306a\u304c\u3089\u3001\u59a5\u5354\u70b9\u3092\u63a2\u3063\u3066\u3044\u304d\u307e\u3059\u3002<\/p>\n<h2 id=\"q6sfc8927fdaomvfo5p824\">3.\u3010\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u67902\u3011\u640d\u76ca\u69cb\u9020\u306e\u628a\u63e1<\/h2>\n<p><span style=\"font-size: medium; color: #333333;\">\u6b63\u5e38\u53ce\u76ca\u529b\u3092\u7b97\u5b9a\u3059\u308b\u305f\u3081\u306e\u571f\u53f0\u3068\u3057\u3066\u306e\u57fa\u790e\u5206\u6790\u3092\u884c\u3044\u307e\u3059\u3002\u5177\u4f53\u7684\u306b\u306f\u3001\u640d\u76ca\u69cb\u9020\u306e\u628a\u63e1\u3067\u3059\u3002<\/span><\/p>\n<p>\u3010\u640d\u76ca\u8a08\u7b97\u66f8\u306e\u6bb5\u968e\u640d\u76ca\u3011<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.ht-tax.or.jp\/navi\/cms\/wp-content\/uploads\/2025\/12\/Wr75VD8yZJEnxiw9pRqTBYesk-1762399379.png\" style=\"display: block; vertical-align: top; margin: 5px auto; text-align: center;\" class=\"fr-draggable\" \/><\/p>\n<p><span style=\"font-size: medium; color: #333333;\"><span style=\"font-size: medium; color: #333333;\">\u640d\u76ca\u8a08\u7b97\u66f8\u306b\u304a\u3044\u3066\u6b21\u306e\u3088\u3046\u306a\u9805\u76ee\u3092\u5206\u6790\u3057\u3001<\/span>\u6bb5\u968e\u640d\u76ca\u3092\u7406\u89e3\u3057\u3066\u3044\u304d\u3044\u307e\u3059\u3002<\/span><\/p>\n<ul>\n<li>\n<p>\u5132\u3051\uff1a\u3069\u3053\u3067\u5229\u76ca\u3092\u7372\u5f97\u3057\u3066\u3044\u308b\u304b<\/p>\n<\/li>\n<li>\n<p>\u30b3\u30b9\u30c8\u69cb\u9020\uff1a\u3069\u3053\u306b\u30b3\u30b9\u30c8\u304c\u96c6\u4e2d\u3057\u3066\u3044\u308b\u304b<\/p>\n<\/li>\n<li>\n<p>\u5229\u76ca\u7387\uff1a\u5229\u76ca\u3092\u5727\u8feb\u3057\u3066\u3044\u308b\u500b\u6240\u306e\u7279\u5b9a<\/p>\n<\/li>\n<\/ul>\n<p><span style=\"font-size: medium; color: #333333;\"><span style=\"font-size: 16px; color: #333333;\">\u4e0a\u56f3\u306e\u5185\u3001\u4e3b\u306a\u8abf\u67fb\u9805\u76ee\u306f\u6b21\u306e\u901a\u308a\u3067\u3059\u3002<span style=\"font-size: 16px; color: #333333;\">\u3053\u308c\u3089\u306b\u3064\u3044\u3066\u3001\u4e00\u822c\u7684\u306a\u8abf\u67fb\u5185\u5bb9\u3068\u5206\u6790\u624b\u6cd5\u3092\u3054\u7d39\u4ecb\u3057\u307e\u3059\u3002<\/span><\/span><\/span><\/p>\n<div class=\"attention a-1\">\n<p class=\"attention-p\">\u3010\u4e3b\u306a\u8abf\u67fb\u9805\u76ee\u3011<\/p>\n<p>3-1.\u58f2\u4e0a\u9ad8<br \/>\n3-2.\u58f2\u4e0a\u539f\u4fa1<br \/>\n3-3.\u8ca9\u58f2\u8cbb\u30fb\u4e00\u822c\u7ba1\u7406\u8cbb<br \/>\n3-4.\u55b6\u696d\u5916\u640d\u76ca\u30fb\u7279\u5225\u640d\u76ca<\/p>\n<\/div>\n<p><span style=\"font-size: 16px; color: #333333;\">\u306a\u304a\u3001\u640d\u76ca\u8a08\u7b97\u66f8\u306b\u3042\u308b\u6570\u5b57\u3068\u5b9f\u614b\u306b\u5dee\u7570\u304c\u3042\u308b\u3053\u3068\u3082\u8003\u3048\u3089\u308c\u307e\u3059\u3002\u8abf\u67fb\u6642\u306f\u640d\u76ca\u8a08\u7b97\u66f8\u4e0a\u306e\u6570\u5b57\u3092\u5984\u4fe1\u305b\u305a\u3001\u5dee\u7570\u306e\u53ef\u80fd\u6027\u3082\u5ff5\u982d\u306b\u7f6e\u3044\u3066\u5206\u6790\u3092\u9032\u3081\u307e\u3059\u3002<\/span><\/p>\n<h3 id=\"6g6f5j59lqjwa6leyfa1a\">3-1.\u58f2\u4e0a\u9ad8<\/h3>\n<p>\u640d\u76ca\u3092\u5206\u6790\u3059\u308b\u51fa\u767a\u70b9\u304c\u58f2\u4e0a\u9ad8\u3067\u3059\u3002\u5168\u4f53\u3068\u3057\u3066\u306f\u3001\u6b21\u306e\u3088\u3046\u306a\u9805\u76ee\u3092\u628a\u63e1\u3057\u307e\u3059\u3002<\/p>\n<div class=\"attention a-3\">\n<ul>\n<li>\u58f2\u4e0a\u3092\u51fa\u3057\u3066\u3044\u308b\u88fd\u54c1\u7fa4\u3084\u30b5\u30fc\u30d3\u30b9\u7fa4<\/li>\n<li>\u5730\u57df\u3054\u3068\u306e\u58f2\u4e0a\u306e\u9055\u3044<\/li>\n<li>\u58f2\u4e0a\u306b\u8ca2\u732e\u3057\u3066\u3044\u308b\u9867\u5ba2\u5c64\uff08\u91cd\u8981\u9867\u5ba2\uff09<\/li>\n<li>\u58f2\u4e0a\u9ad8\u306e\u8981\u7d20\uff08<span style=\"font-size: 16px; color: #333333;\">\u8ca9\u58f2\u5358\u4fa1\u3084\u8ca9\u58f2\u6570\u91cf<\/span>\uff09\u306e\u5206\u89e3<\/li>\n<\/ul>\n<\/div>\n<p>\u5177\u4f53\u7684\u306a\u8abf\u67fb\u9805\u76ee\u306f\u6b21\u306e\u901a\u308a\u3067\u3059\u3002<\/p>\n<h6 id=\"mev92l3qf5tg3omnj9mqd\">\u58f2\u4e0a\u69cb\u6210<\/h6>\n<p>\u4e8b\u696d\u5225\u30fb\u88fd\u54c1\u5225\u30fb\u9867\u5ba2\u5225\u306e\u58f2\u4e0a\u69cb\u6210\u3084\u63a8\u79fb\u3092\u78ba\u8a8d\u3057\u3001\u8ca2\u732e\u5ea6\u3084\u4f9d\u5b58\u5ea6\u3092\u628a\u63e1\u3057\u307e\u3059\u3002\u5897\u6e1b\u304c\u5927\u304d\u3044\u5834\u5408\u306b\u306f\u305d\u306e\u8981\u56e0\u3082\u8abf\u67fb\u3057\u307e\u3059\u3002<\/p>\n<h6>\u53ce\u76ca\u8a8d\u8b58\u57fa\u6e96<\/h6>\n<p>\u73fe\u5834\u3067\u4f7f\u308f\u308c\u3066\u3044\u308b\u53ce\u76ca\u8a8d\u8b58\u57fa\u6e96\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002\u53ce\u76ca\u8a8d\u8b58\u57fa\u6e96\u3068\u306f\u58f2\u4e0a\u3092\u8a08\u4e0a\u3059\u308b\u30bf\u30a4\u30df\u30f3\u30b0\u306e\u3053\u3068\u3067\u3059\u3002\u4f01\u696d\u4f1a\u8a08\u539f\u5247\u306b\u304a\u3044\u3066\u306f\u300c\u5b9f\u73fe\u4e3b\u7fa9\u300d\u306b\u3088\u308b\u3082\u306e\u3068\u5b9a\u3081\u3089\u308c\u3066\u3044\u308b\u3082\u306e\u306e\u3001\u5b9f\u52d9\u4e0a\u306f\u300c\u691c\u53ce\u57fa\u6e96\u300d\u300c\u7740\u8377\u57fa\u6e96\u300d\u300c\u73fe\u91d1\u4e3b\u7fa9\u300d\u306a\u3069\u3001\u305d\u308c\u4ee5\u5916\u306e\u57fa\u6e96\u304c\u63a1\u7528\u3055\u308c\u3066\u3044\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u57fa\u6e96\u3092\u78ba\u8a8d\u3059\u308b\u3068\u3068\u3082\u306b\u3001\u300c\u5b9f\u73fe\u4e3b\u7fa9\u300d\u4ee5\u5916\u304c\u63a1\u7528\u3055\u308c\u3066\u3044\u308b\u5834\u5408\u3001\u9078\u629e\u306b\u5408\u7406\u6027\u304c\u3042\u308b\u304b\u3092\u898b\u6975\u3081\u307e\u3059\u3002<\/p>\n<div class=\"attention a-3\">\n<p class=\"attention-p\">\u3010\u5efa\u8a2d\u696d\u306b\u304a\u3051\u308b\u53ce\u76ca\u8a8d\u8b58\u57fa\u6e96\u306e\u91cd\u8981\u6027\u3011<\/p>\n<p class=\"attention-p\">\u5efa\u8a2d\u696d\u306e\u53ce\u76ca\u8a8d\u8b58\u57fa\u6e96\u306b\u306f\u5927\u304d\u304f\u3001\u5de5\u4e8b\u5b8c\u6210\u30fb\u5f15\u304d\u6e21\u3057\u6642\u306b\u4e00\u62ec\u3067\u53ce\u76ca\u3092\u8a08\u4e0a\u3059\u308b\u65b9\u6cd5\u3068\u3001\u5de5\u4e8b\u306e\u9032\u6357\u306b\u5fdc\u3058\u3066\u53ce\u76ca\u3092\u8a08\u4e0a\u3059\u308b\u65b9\u6cd5\u304c\u3042\u308a\u307e\u3059\u3002\u524d\u8005\u306e\u5834\u5408\u3001\u5b8c\u6210\u30fb\u5f15\u304d\u6e21\u3057\u307e\u3067\u306f\u53ce\u76ca\u304c\u8a08\u4e0a\u3055\u308c\u306a\u3044\u305f\u3081\u3001\u5efa\u8a2d\u9014\u4e2d\u306e\u7269\u4ef6\u304c\u3042\u308b\u5834\u5408\u306f\u305d\u308c\u3092\u8003\u616e\u3057\u306a\u3044\u3068\u3001\u58f2\u4e0a\u3092\u898b\u8aa4\u3063\u3066\u3057\u307e\u3046\u3067\u3057\u3087\u3046\u3002<\/p>\n<\/div>\n<h6 id=\"w4zm8l4i19knz1tg0pocs\">\u58f2\u4e0a\u5024\u5f15\u30fb\u58f2\u4e0a\u5272\u623b\u30fb\u8fd4\u54c1<\/h6>\n<p><span style=\"font-size: 16px; color: #333333;\">\u58f2\u4e0a\u5024\u5f15\u3001\u58f2\u4e0a\u5272\u623b\u306f\u8ca9\u58f2\u5358\u4fa1\u306b\u5f71\u97ff\u3092\u53ca\u307c\u3059\u305f\u3081\u3001\u9867\u5ba2\u3068\u306e\u53d6\u308a\u6c7a\u3081\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002<\/span><br \/>\n\u307e\u305f\u8fd4\u54c1\u306f\u8ca9\u58f2\u6570\u91cf\u306b\u5f71\u97ff\u3059\u308b\u3060\u3051\u3067\u306a\u304f\u3001\u7834\u68c4\u30b3\u30b9\u30c8\u304c\u304b\u304b\u308b\u3053\u3068\u3082\u3042\u308a\u307e\u3059\u3002\u8fd4\u54c1\u7387\u3092\u78ba\u8a8d\u3057\u3001\u9ad8\u3044\u5834\u5408\u306f\u539f\u56e0\u3092\u8abf\u67fb\u3057\u307e\u3057\u3087\u3046\u3002<\/p>\n<h6 id=\"gqkvt58bgvi2wcwzu5n7\">1\u4eba\u5f53\u305f\u308a\u58f2\u4e0a\u9ad8\u306e\u63a8\u79fb<\/h6>\n<p>\u52b4\u50cd\u751f\u7523\u6027\u306e\u89b3\u70b9\u304b\u3089\u5f93\u696d\u54e11\u4eba\u5f53\u305f\u308a\u306e\u58f2\u4e0a\u9ad8\u306e\u63a8\u79fb\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002<\/p>\n<h6 id=\"w384n3nfhz7ygge7a9ogw\">\u58f2\u4e0a\u9ad8\u306e\u5897\u6e1b\u8981\u56e0<\/h6>\n<p>\u300c\u58f2\u4e0a\u9ad8\uff1d\u8ca9\u58f2\u5358\u4fa1\u00d7\u8ca9\u58f2\u6570\u91cf\u300d\u306e\u5f0f\u306b\u6570\u5b57\u3092\u5f53\u3066\u306f\u3081\u308b\u3053\u3068\u3067\u3001\u58f2\u4e0a\u9ad8\u306e\u5909\u52d5\u8981\u56e0\u304c\u300c\u8ca9\u58f2\u5358\u4fa1\u300d\u300c\u8ca9\u58f2\u6570\u91cf\u300d\u306e\u3044\u305a\u308c\u3067\u3042\u308b\u304b\u78ba\u8a8d\u3057\u307e\u3059\u3002<\/p>\n<p>\u307e\u305f\u3001\u6b21\u306e\u3088\u3046\u306a\u6bd4\u8f03\u306b\u3088\u3063\u3066\u58f2\u4e0a\u9ad8\u306e\u8a73\u7d30\u3092\u5206\u6790\u53ef\u80fd\u3067\u3059\u3002<\/p>\n<ul>\n<li>\u8ca9\u58f2\u5358\u4fa1\u3000\u7af6\u5408\u4ed6\u793e\u3068\u306e\u6bd4\u8f03\u3067\u3001\u5546\u54c1\u306e\u7af6\u4e89\u529b\u3092\u63a8\u3057\u91cf\u308b<\/li>\n<li>\u8ca9\u58f2\u6570\u91cf\u3000\u696d\u754c\u5168\u4f53\u306e\u8ca9\u58f2\u6570\u91cf\u3068\u6bd4\u8f03\u3057\u3001\u5e02\u5834\u30b7\u30a7\u30a2\u3092\u63a8\u3057\u91cf\u308b<\/li>\n<\/ul>\n<h6 id=\"r5rd8quvrfq4stzlu0pyvu\">\u7279\u7570\u4e8b\u9805\u306e\u78ba\u8a8d<\/h6>\n<p>\u305d\u306e\u4f1a\u793e\u7279\u6709\u306e\u4e8b\u60c5\u304c\u3042\u308c\u3070\u628a\u63e1\u3057\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u95a2\u9023\u5f53\u4e8b\u8005\u53d6\u5f15<br \/>\n\u5358\u4fa1\u3084\u5272\u5f15\u7387\u306a\u3069\u3001\u7279\u5225\u306b\u6709\u5229\uff08\u3082\u3057\u304f\u306f\u4e0d\u5229\uff09\u306a\u5185\u5bb9\u304c\u3042\u308b\u304b<\/li>\n<li>\u5b63\u7bc0\u6027<br \/>\n\u5b63\u7bc0\u3084\u7e41\u5fd9\u671f\u7b49\u3001\u6708\u6b21\u306e\u58f2\u4e0a\u306e\u5909\u52d5\u306e\u5927\u304d\u3055<\/li>\n<li>\u624b\u6570\u6599\u3084\u30ed\u30a4\u30e4\u30eb\u30c6\u30a3\u53ce\u5165<br \/>\n\u7d39\u4ecb\u624b\u6570\u6599\u3084\u30ed\u30a4\u30e4\u30eb\u30c6\u30a3\u3068\u3044\u3063\u305f\u53ce\u5165\u304c\u3042\u308b\u5834\u5408\u306f\u3001\u5951\u7d04\u5185\u5bb9\u306e\u628a\u63e1<\/li>\n<\/ul>\n<h3 id=\"784de11n44fjty4bihpze\">3-2.\u58f2\u4e0a\u539f\u4fa1<\/h3>\n<p><strong>\u58f2\u4e0a\u539f\u4fa1\u306f\u58f2\u4e0a\u9ad8\u3068\u5408\u308f\u305b\u3066\u5206\u6790\u3057\u307e\u3059\u3002<\/strong>\u5177\u4f53\u7684\u306b\u306f\u58f2\u4e0a\u9ad8\u304b\u3089\u58f2\u4e0a\u539f\u4fa1\u3092\u5f15\u304f\u3053\u3068\u3067<strong><span style=\"color: #e25041;\">\u58f2\u4e0a\u7dcf\u5229\u76ca\uff08\u7c97\u5229\uff09<\/span><\/strong>\u3092\u3001\u58f2\u4e0a\u539f\u4fa1\u3092\u58f2\u4e0a\u9ad8\u3067\u5272\u308b\u3053\u3068\u3067\u3001<strong><span style=\"color: #e25041;\">\u539f\u4fa1\u7387<\/span><\/strong>\u3092\u7b97\u51fa\u3057\u3066\u5206\u6790\u3057\u307e\u3059\u3002<\/p>\n<div class=\"attention a-1\">\n<p class=\"attention-p\"><span style=\"font-size: 16px; color: #333333;\"><strong>\u58f2\u4e0a\u7dcf\u5229\u76ca\uff08\u7c97\u5229\uff09\uff1d\u58f2\u4e0a\u9ad8\u30fc\u58f2\u4e0a\u539f\u4fa1<\/strong><\/span><\/p>\n<p><span style=\"font-size: 16px; color: #333333;\"><strong>\u539f\u4fa1\u7387\uff1d\u58f2\u4e0a\u539f\u4fa1\u00f7\u58f2\u4e0a\u9ad8<\/strong><\/span><\/p>\n<\/div>\n<p><span style=\"font-size: 16px; color: #333333;\">\u5168\u4f53\u50cf\u3068\u3057\u3066\u306f\u3001\u6b21\u306e\u3088\u3046\u306a\u9805\u76ee\u3092\u628a\u63e1\u3057\u307e\u3059\u3002<\/span><\/p>\n<div class=\"attention a-3\">\n<ul>\n<li>\u5546\u54c1\u7fa4\u3001\u5730\u57df\u3001\u4ed5\u5165\u5148\u3054\u3068\u306e\u539f\u4fa1<\/li>\n<li>\u88fd\u9020\u539f\u4fa1\u306e\u5185\u8a33<\/li>\n<\/ul>\n<\/div>\n<p>\u5177\u4f53\u7684\u306a\u8abf\u67fb\u9805\u76ee\u306f\u6b21\u306e\u901a\u308a\u3067\u3059\u3002<\/p>\n<h6 id=\"26y7xyl66nikz6xpdskkn\">\u539f\u4fa1\u7387\u5206\u6790<\/h6>\n<p>\u539f\u4fa1\u7387\u306b\u3088\u3063\u3066\u3001\u88fd\u54c1\u306e\u539f\u4fa1\u5358\u4fa1\u306e\u63a8\u79fb\u3092\u5206\u6790\u3057\u307e\u3059\u3002\u539f\u4fa1\u7387\u304c\u9ad8\u304f\u5229\u76ca\u304c\u5727\u8feb\u3055\u308c\u3066\u3044\u308b\u5546\u54c1\u7fa4\u3084\u4e8b\u696d\u3092\u7279\u5b9a\u53ef\u80fd\u3067\u3059\u3002\u5229\u76ca\u304c\u5727\u8feb\u3055\u308c\u3066\u3044\u308b\u5bfe\u8c61\u7fa4\u306f\u3001\u4e8b\u696d\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u3068\u9023\u643a\u3057\u3066M&amp;A\u5f8c\u306e\u53d6\u308a\u6271\u3044\u3092\u691c\u8a0e\u3057\u307e\u3059\u3002<\/p>\n<h6><span style=\"font-size: 16px; color: #d12768;\">\u58f2\u4e0a\u7dcf\u5229\u76ca\u7387\u5206\u6790<\/span><\/h6>\n<p>\u539f\u4fa1\u304c\u5206\u304b\u308c\u3070\u58f2\u4e0a\u7dcf\u5229\u76ca\uff08\u58f2\u4e0a\u9ad8\u30fc\u539f\u4fa1\uff09\u3082\u5206\u304b\u308b\u305f\u3081\u3001\u58f2\u4e0a\u7dcf\u5229\u76ca\u7387\uff08\u58f2\u4e0a\u7dcf\u5229\u76ca\uff0f\u58f2\u4e0a\u9ad8\uff09\u306e\u63a8\u79fb\u3092\u898b\u308b\u3053\u3068\u3067\u5229\u76ca\u5206\u6790\u3082\u884c\u3048\u307e\u3059\u3002<\/p>\n<h6 id=\"8d71zr2xojrdags6brmutf\">\u4ed5\u5165\u5148\u306e\u5185\u8a33<\/h6>\n<p>\u4e3b\u306b2\u3064\u306e\u8996\u70b9\u3067\u4ed5\u5165\u5148\u306e\u5185\u8a33\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002\u640d\u76ca\u8a08\u7b97\u66f8\u3060\u3051\u3067\u306f\u898b\u3066\u53d6\u308c\u306a\u3044\u5b9a\u6027\u7684\u60c5\u5831\u306f\u3001QA\u30ea\u30b9\u30c8\u3084\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3092\u6d3b\u7528\u3059\u308b\u306a\u3069\u3057\u3066\u4e0d\u78ba\u5b9a\u8981\u7d20\u3092\u6f70\u3057\u3066\u3044\u304d\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u4ed5\u5165\u5168\u4f53\u306e\u91d1\u984d\u63a8\u79fb\u3068\u5897\u6e1b\u5206\u6790<br \/>\n\u65b0\u898f\u53d6\u5f15\u5148\u3084\u53d6\u5f15\u505c\u6b62\u5148\u306b\u3064\u3044\u3066\u3001\u7d4c\u7def\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002\u7279\u306b\u53d6\u5f15\u505c\u6b62\u5148\u306b\u3064\u3044\u3066\u306f\u3001\u53d6\u5f15\u505c\u6b62\u306e\u539f\u56e0\u306b\u672a\u6255\u3044\u3084\u54c1\u8cea\u60aa\u5316\u3068\u3044\u3063\u305f\u30c8\u30e9\u30d6\u30eb\u304c\u306a\u3044\u304b\u3001\u80cc\u666f\u3092\u3088\u304f\u8abf\u67fb\u3057\u307e\u3059\u3002<\/li>\n<li>\u4e3b\u8981\u306a\u4ed5\u5165\u5148\u306e\u5206\u6790<br \/>\n\u53d6\u5f15\u91cf\u304c\u591a\u3044\u4ed5\u5165\u5148\u304c\u3042\u308b\u5834\u5408\u306f\u4f9d\u5b58\u30ea\u30b9\u30af\u304c\u9ad8\u307e\u308b\u305f\u3081\u3001\u5951\u7d04\u5185\u5bb9\u3001\u95a2\u4fc2\u6027\u3001M&amp;A\u5f8c\u306b\u304a\u3051\u308b\u53d6\u5f15\u306e\u7d99\u7d9a\u306a\u3069\u3001\u8907\u5408\u7684\u306b\u8abf\u67fb\u3057\u307e\u3059\u3002<\/li>\n<\/ul>\n<h6 id=\"8vf9zdk2wgr55lljttxnw9\">\u95a2\u4fc2\u4f1a\u793e\u3084\u5951\u7d04\u671f\u9593<\/h6>\n<p><span style=\"font-size: 16px; color: #333333;\">\u305d\u306e\u4f1a\u793e\u7279\u6709\u306e\u53d6\u5f15\u3084\u5951\u7d04\u304c\u3042\u308b\u304b\u78ba\u8a8d\u3057\u307e\u3059\u3002\u4ee3\u8868\u7684\u306a\u3082\u306e\u306f\u6b21\u306e\u901a\u308a\u3067\u3059\u3002<\/span><\/p>\n<ul>\n<li><span style=\"font-size: 16px; color: #333333;\">\u95a2\u9023\u5f53\u4e8b\u8005\u53d6\u5f15<\/span><br \/>\n\u4ed5\u5165\u4fa1\u683c\u306b\u3064\u3044\u3066<span style=\"font-size: 16px; color: #333333;\">\u7279\u5225\u306b\u6709\u5229\uff08\u3082\u3057\u304f\u306f\u4e0d\u5229\uff09\u306a\u5185\u5bb9\u304c\u3042\u308b\u304b\u78ba\u8a8d\u3057\u307e\u3059\u3002\u53d6\u5f15\u984d\u304c\u5927\u304d\u3051\u308c\u3070\u3001\u6b63\u5e38\u53ce\u76ca\u529b\u5206\u6790\u306b\u304a\u3051\u308b\u8abf\u6574\u9805\u76ee\u3068\u306a\u308a\u307e\u3059\u3002<\/span><\/li>\n<li>\u9577\u671f\u5951\u7d04<br \/>\n\u9577\u671f\u5951\u7d04\u306f\u3001\u5185\u5bb9\u304c\u4e0d\u5229\u3067\u3042\u3063\u3066\u3082\u57fa\u672c\u7684\u306b\u306f\u4e00\u5b9a\u671f\u9593\u5951\u7d04\u306e\u898b\u76f4\u3057\u304c\u3067\u304d\u307e\u305b\u3093\u3002\u9006\u306b\u73fe\u72b6\u3067\u6709\u5229\u306a\u5834\u5408\u306f\u3001\u5951\u7d04\u898b\u76f4\u3057\u306b\u3088\u3063\u3066\u6761\u4ef6\u304c\u5909\u66f4\u3055\u308c\u308b\u53ef\u80fd\u6027\u3092\u691c\u8a3c\u3057\u307e\u3059\u3002<\/li>\n<\/ul>\n<h6 id=\"q8bl2g2wjbl19i1feu76jd\">\u4ed5\u5165\u5024\u5f15\u30fb\u4ed5\u5165\u5272\u623b\u30fb\u8fd4\u54c1<\/h6>\n<p><span style=\"font-size: 16px; color: #333333;\">\u4ed5\u5165\u5024\u5f15\u3001\u4ed5\u5165\u5272\u623b\u306f\u4ed5\u5165\u5358\u4fa1\u306b\u5f71\u97ff\u3092\u53ca\u307c\u3059\u305f\u3081\u3001\u4ed5\u5165\u5148\u3068\u306e\u53d6\u308a\u6c7a\u3081\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002\u307e\u305f\u3001\u8fd4\u54c1\u306b\u3064\u3044\u3066\u3082\u63a8\u79fb\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002<\/span><\/p>\n<p>\u4ed5\u5165\u5272\u5f15\u3001\u4ed5\u5165\u5272\u623b\u3001\u8fd4\u54c1\u306f\u901a\u5e38\u3068\u306f\u7570\u306a\u308b\u91d1\u92ad\u30fb\u5546\u54c1\u306e\u52d5\u304d\u3068\u306a\u308b\u305f\u3081\u72b6\u6cc1\u306b\u3088\u3063\u3066\u306f\u4e0d\u6b63\u306b\u3064\u306a\u304c\u308b\u6050\u308c\u304c\u3042\u308a\u307e\u3059\u3002\u5f62\u5f0f\u7684\u306a\u6570\u5b57\u3060\u3051\u3067\u306a\u304f\u3001\u5185\u60c5\u307e\u3067\u78ba\u8a8d\u3057\u3066\u304a\u304f\u3053\u3068\u304c\u671b\u307e\u3057\u3044\u3067\u3057\u3087\u3046\u3002<\/p>\n<h6 id=\"024xv2plvojyrnxzshathl\">\u88fd\u9020\u539f\u4fa1<\/h6>\n<p>\u88fd\u9020\u90e8\u9580\u304c\u3042\u308b\u5834\u5408\u306f\u3001\u88fd\u9020\u539f\u4fa1\u306b\u3064\u3044\u3066\u300c\u539f\u6750\u6599\u8cbb\u300d\u300c\u52b4\u52d9\u8cbb\u300d\u300c\u7d4c\u8cbb\u300d\u3068\u3044\u3063\u305f\u88fd\u9020\u539f\u4fa1\u8981\u7d20\u5225\u306e\u5897\u6e1b\u8981\u56e0\u3092\u628a\u63e1\u3057\u307e\u3059\u3002\u7279\u306b\u539f\u6750\u6599\u8cbb\u306b\u3064\u3044\u3066\u306f\u4fa1\u683c\u5909\u52d5\u30ea\u30b9\u30af\u3092\u6ce8\u8996\u3057\u307e\u3059\u3002<\/p>\n<p>\u307e\u305f\u3001\u5916\u6ce8\u8cbb\u304c\u3042\u308b\u5834\u5408\u306f\u53d6\u5f15\u6761\u4ef6\u3001\u53d6\u5f15\u5f62\u614b\u306b\u3064\u3044\u3066\u628a\u63e1\u3057\u3001\u81ea\u793e\u306e\u88fd\u9020\u3068\u3069\u306e\u3088\u3046\u306b\u95a2\u308f\u3063\u3066\u3044\u308b\u306e\u304b\u7406\u89e3\u3057\u307e\u3059\u3002<\/p>\n<div class=\"attention a-1\">\n<p class=\"attention-p\"><strong>\u3010\u5206\u6790\u624b\u6cd5\u3011\u58f2\u4e0a\u9ad8\u3084\u58f2\u4e0a\u539f\u4fa1\u306b\u95a2\u308f\u308b\u5206\u6790\u624b\u6cd5<\/strong><\/p>\n<p><span style=\"font-size: 16px; color: #333333;\">\u58f2\u4e0a\u9ad9\u3001\u58f2\u4e0a\u539f\u4fa1\u3001\u7c97\u5229\u306a\u3069\u3092\u7dcf\u5408\u7684\u306b\u8abf\u67fb\u3059\u308b\u3053\u3068\u3067\u3001\u6b21\u306e\u3088\u3046\u306a\u5206\u6790\u3092\u884c\u3048\u307e\u3059\u3002<\/span><\/p>\n<ul>\n<li><span style=\"font-size: 16px; color: #333333;\"><strong>\u4e8b\u696d\u5225\u5206\u6790\u30fb\u5546\u54c1<\/strong><\/span><strong>\u5225\u5206\u6790<\/strong><br \/>\n\u4e8b\u696d\u3084\u5546\u54c1\u7fa4\u3054\u3068\u306b\u58f2\u4e0a\u9ad8\u3001\u58f2\u4e0a\u539f\u4fa1\u3001\u7c97\u5229\u3092\u5206\u6790\u3057\u307e\u3059\u3002\u3069\u306e\u4e8b\u696d\u3084\u5546\u54c1\u304c\u53ce\u76ca\u306e\u6e90\u6d41\u3068\u306a\u3063\u3066\u3044\u308b\u306e\u304b\u3001\u904e\u53bb\u304b\u3089\u306e\u63a8\u79fb\u3067\u4eca\u5f8c\u306e\u4f38\u3073\u304c\u671f\u5f85\u3067\u304d\u308b\u4e8b\u696d\u3084\u5546\u54c1\u306f\u3069\u308c\u304b\u3001\u306a\u3069\u3092\u8aad\u307f\u53d6\u308a\u307e\u3059\u3002<\/li>\n<li><span style=\"font-size: 16px; color: #333333;\"><strong>\u9867\u5ba2\u5225\u5206\u6790<\/strong><\/span><br \/>\n<span style=\"font-size: 16px; color: #333333;\">\u58f2\u4e0a\u9ad9\u3001\u58f2\u4e0a\u539f\u4fa1\u3001\u7c97\u5229\u306a\u3069\u3092\u9867\u5ba2\u5225\u306b\u96c6\u8a08\u3057\u3001\u9867\u5ba2\u3054\u3068\u306e\u50be\u5411\u3084\u504f\u308a\u3092\u8aad\u307f\u53d6\u308a\u307e\u3059\u3002\u306a\u304a\u3001\u91cd\u8981\u9867\u5ba2\u306b\u3064\u3044\u3066\u306fM&amp;A\u5b9f\u884c\u5f8c\u306e\u53d6\u5f15\u7d99\u7d9a\u306b\u3064\u3044\u3066\u3082\u78ba\u8a8d\u3057\u307e\u3059\u3002\u4eee\u306b\u53d6\u5f15\u505c\u6b62\u3084\u898f\u6a21\u7e2e\u5c0f\u304c\u4e88\u60f3\u3055\u308c\u308b\u5834\u5408\u306f\u5f71\u97ff\u3092\u691c\u8a0e\u3057\u306a\u3051\u308c\u3070\u306a\u308a\u307e\u305b\u3093\u3002<\/span><\/li>\n<\/ul>\n<\/div>\n<h3 id=\"coj0gek0z8joo2pmafj\">3-3.\u8ca9\u58f2\u8cbb\u30fb\u4e00\u822c\u7ba1\u7406\u8cbb<\/h3>\n<p><span style=\"font-size: 16px; color: #333333;\">\u8ca9\u58f2\u8cbb\u304a\u3088\u3073\u4e00\u822c\u7ba1\u7406\u8cbb\u306e\u8abf\u67fb\u9805\u76ee\u306f\u591a\u3044\u3067\u3059\u3002<\/span><\/p>\n<p><span style=\"font-size: 16px; color: #333333;\">\u5168\u4f53\u3068\u3057\u3066\u306f\u3001\u6b21\u306e\u3088\u3046\u306a\u9805\u76ee\u3092\u628a\u63e1\u3057\u307e\u3059\u3002<\/span><\/p>\n<div class=\"attention a-3\">\n<ul>\n<li>\u8cbb\u76ee\u5225\u306e\u5185\u8a33<\/li>\n<li>\u8cb7\u53ce\u4e88\u5b9a\u4f1a\u793e\u306b\u3068\u3063\u3066\u306e\u91cd\u8981\u306a\u8cbb\u76ee\u306e\u62bd\u51fa<\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-size: 16px; color: #333333;\">\u307e\u305f\u8abf\u67fb\u5168\u4f53\u306b\u304a\u3044\u3066\u3001\u5909\u52d5\u8cbb\u3068\u56fa\u5b9a\u8cbb\u3092\u610f\u8b58\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002\u5909\u52d5\u8cbb\u3068\u56fa\u5b9a\u8cbb\u306f\u5f8c\u8ff0\u3059\u308b\u640d\u76ca\u5206\u5c90\u70b9\u5206\u6790\u306b\u304a\u3044\u3066\u5fc5\u8981\u306a\u8981\u7d20\u3067\u3042\u308b\u305f\u3081\u3067\u3059\u3002<\/span><\/p>\n<p>\u5177\u4f53\u7684\u306a\u8abf\u67fb\u9805\u76ee\u306f\u6b21\u306e\u901a\u308a\u3067\u3059\u3002<\/p>\n<h6 id=\"p6dud5dusnm80wsb6em3n\">\u4eba\u4ef6\u8cbb<\/h6>\n<p>\u6b21\u306e\u3088\u3046\u306a\u9805\u76ee\u306b\u3064\u3044\u3066\u3001\u63a8\u79fb\u3092\u5206\u6790\u3057\u307e\u3059\u3002\u307e\u305f\u3001\u524d\u63d0\u3068\u3057\u3066\u5f79\u54e1\u5831\u916c\u3068\u5f93\u696d\u54e1\u7d66\u4e0e\u3092\u5206\u89e3\u3057\u3066\u8abf\u67fb\u3057\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u9805\u76ee\u3054\u3068\u306e\u8cbb\u7528\uff08\u7d66\u6599\u30fb\u8cde\u4e0e\u30fb\u9000\u8077\u91d1\u30fb\u798f\u5229\u539a\u751f\u8cbb\u7b49\uff09<\/li>\n<li>\u300c1\u4eba\u5f53\u305f\u308a\u4eba\u4ef6\u8cbb\u00d7\u5f93\u696d\u54e1\u6570\u300d\u306e\u5897\u6e1b\u3001\u5e73\u5747\u7684\u6607\u7d66\u7387<\/li>\n<li>\u51fa\u5411\u8005\u306e\u6d3e\u9063\u3084\u53d7\u3051\u5165\u308c\u304c\u3042\u308c\u3070\u3001\u305d\u306e\u4eba\u4ef6\u8cbb<\/li>\n<\/ul>\n<div class=\"attention a-1\">\n<p class=\"attention-p\"><strong>\u3010\u5206\u6790\u624b\u6cd5\u3011\u4eba\u4ef6\u8cbb\u5206\u6790<\/strong><\/p>\n<p class=\"attention-p\">\u4eba\u4ef6\u8cbb\u3092\u8abf\u67fb\u3059\u308b\u3053\u3068\u3067\u591a\u304f\u306e\u3053\u3068\u304c\u8aad\u307f\u53d6\u308c\u308b\u305f\u3081\u3001\u591a\u65b9\u9762\u304b\u3089\u5206\u6790\u3057\u307e\u3059\u3002\u4e0a\u8a18\u4ee5\u5916\u306e\u8abf\u67fb\u9805\u76ee\u3082\u3054\u7d39\u4ecb\u3057\u307e\u3059\u3002<\/p>\n<ul>\n<li><strong>\u7dcf\u4eba\u4ef6\u8cbb\u30681\u4eba\u5f53\u305f\u308a\u4eba\u4ef6\u8cbb\u306e\u6bd4\u8f03<\/strong><br \/>\n\u4eba\u4ef6\u8cbb\u306e\u7dcf\u984d\u304c\u6e1b\u3063\u3066\u3044\u308b\u306e\u306b1\u4eba\u5f53\u305f\u308a\u4eba\u4ef6\u8cbb\u304c\u5897\u52a0\u3057\u3066\u3044\u308b\u3088\u3046\u306a\u5834\u5408\u3001\u5404\u5f93\u696d\u54e1\u306e\u8ca0\u62c5\u304c\u5897\u3048\u3066\u3044\u308b\u3053\u3068\u304c\u63a8\u6e2c\u3067\u304d\u307e\u3059\u3002<\/li>\n<li><strong>\u5f93\u696d\u54e1\u5c5e\u6027\u306e\u8abf\u67fb<\/strong><br \/>\n\u5e74\u9f62\u3001\u5728\u8077\u5e74\u6570\u3001\u8cc7\u683c\u7b49\u3092\u78ba\u8a8d\u3057\u3001\u50be\u5411\u3092\u628a\u63e1\u3057\u307e\u3059\u3002\u5e74\u9f62\u306b\u504f\u308a\u304c\u3042\u308b\u3068\u540c\u6642\u671f\u306e\u9000\u8077\u304c\u61f8\u5ff5\u3055\u308c\u307e\u3059\u3002\u8cc7\u683c\u53d6\u5f97\u8005\u306b\u504f\u308a\u304c\u3042\u308b\u3068\u304d\u3082\u3001\u6280\u8853\u529b\u306e\u30e0\u30e9\u304c\u61f8\u5ff5\u3055\u308c\u307e\u3059\u3002<\/li>\n<li><strong>\u6b8b\u696d\u4ee3\u306e\u898f\u7a0b\u30fb\u672a\u6255\u3044<\/strong><br \/>\n\u6b8b\u696d\u4ee3\u306e\u898f\u7a0b\u3092\u78ba\u8a8d\u3057\u3001\u81ea\u793e\u3068\u306e\u9055\u3044\u304c\u3042\u308c\u3070M&amp;A\u5f8c\u306e\u5f71\u97ff\u3092\u691c\u8a0e\u3057\u307e\u3059\u3002\u4f8b\u3048\u3070\u8cb7\u53ce\u4e88\u5b9a\u4f1a\u793e\u306f\u300c30\u5206\u672a\u6e80\u306f\u6b8b\u696d\u4ee3\u306f\u767a\u751f\u3057\u306a\u3044\u300d\u3068\u306a\u3063\u3066\u304a\u308a\u3001\u81ea\u793e\u3067\u306f1\u5206\u523b\u307f\u3067\u6b8b\u696d\u4ee3\u304c\u767a\u751f\u3059\u308b\u3068\u3057\u307e\u3059\u3002M&amp;A\u5f8c\u306b\u6b8b\u696d\u57fa\u6e96\u3092\u5408\u308f\u305b\u308b\u306a\u3089\u3001\u4eca\u5f8c\u6b8b\u696d\u4ee3\u304c\u767a\u751f\u3059\u308b\u61f8\u5ff5\u304c\u3042\u308a\u307e\u3059\u3002<br \/>\n\u4ed6\u306b\u3082\u3001\u6b8b\u696d\u4ee3\u306e\u672a\u6255\u3044\u304c\u3042\u308b\u304b\u3082\u91cd\u8981\u306a\u8981\u7d20\u3067\u3059\u3002<\/li>\n<\/ul>\n<p class=\"attention-p\">\u5b9f\u52d9\u7684\u306b\u306f\u30b3\u30b9\u30c8\u9762\u4ee5\u5916\u306e\u90e8\u5206\u3082\u3042\u308f\u305b\u3066\u5206\u6790\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002\u4f8b\u3048\u3070\u7d66\u4e0e\u6c34\u6e96\u304c\u4f4e\u3044\u4f1a\u793e\u3067\u3082\u3001\u798f\u5229\u539a\u751f\u3084\u793e\u5b85\u7b49\u304c\u5145\u5b9f\u3057\u3066\u3044\u308b\u3068\u3044\u3063\u305f\u3053\u3068\u304c\u898b\u3066\u53d6\u308c\u308b\u3053\u3068\u304c\u3042\u308b\u305f\u3081\u3067\u3059\u3002<\/p>\n<\/div>\n<p>\u203b\u4eba\u4ef6\u8cbb\u3092\u58f2\u4e0a\u539f\u4fa1\u306b\u5206\u985e\u3059\u308b\u4f1a\u793e\u3082\u3042\u308a\u307e\u3059\u304c\u3001\u3069\u3061\u3089\u306e\u5834\u5408\u3067\u3082\u8abf\u67fb\u5185\u5bb9\u306f\u540c\u69d8\u3067\u3059\u3002<\/p>\n<h6 id=\"t88wcqwdqdt6s4sv8kdej\">\u4fee\u7e55\u8cbb\u30fb\u6e1b\u4fa1\u511f\u5374\u8cbb<\/h6>\n<p>\u4fee\u7e55\u8cbb\u3068\u6e1b\u4fa1\u511f\u5374\u8cbb\u3092\u8abf\u67fb\u3059\u308b\u969b\u306f\u3001\u6b21\u306e\u70b9\u306b\u7559\u610f\u3057\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u4fee\u7e55\u8cbb\u306e\u5206\u6790\u306f\u8cc7\u672c\u7684\u652f\u51fa\u3082\u3042\u308f\u305b\u3066\u628a\u63e1<br \/>\n<span style=\"color: #000000;\"><strong>\u4fee\u7e55\u8cbb<\/strong><\/span>\u3068\u306f\u3001\u5efa\u7269\u3084\u5099\u54c1\u3068\u3044\u3063\u305f\u56fa\u5b9a\u8cc7\u7523\u3092\u4fee\u7e55\u3057\u305f\u969b\u306e\u8cbb\u7528\u3067\u3059\u3002\u305f\u3060\u3057\u3001\u4fee\u7e55\u8cbb\u306e\u5168\u984d\u304c\u4fee\u7e55\u8cbb\u306b\u306a\u308b\u3068\u306f\u9650\u308a\u307e\u305b\u3093\u3002\u56fa\u5b9a\u8cc7\u7523\u306e\u6a5f\u80fd\u3084\u4fa1\u5024\u5411\u4e0a\u306b\u5bc4\u4e0e\u3059\u308b\u90e8\u5206\u306f<span style=\"color: #000000;\"><strong>\u8cc7\u672c\u7684\u652f\u51fa<\/strong><\/span>\u3068\u3055\u308c\u308b\u304b\u3089\u3067\u3059\u3002\u4fee\u7e55\u306e\u5185\u5bb9\u307e\u3067\u5e83\u304f\u78ba\u8a8d\u3057\u307e\u3057\u3087\u3046\u3002<\/li>\n<li>\u6e1b\u4fa1\u511f\u5374\u8cbb\u306f\u5229\u76ca\u8abf\u6574\u306e\u6709\u7121\u3082\u78ba\u8a8d<br \/>\n\u6e1b\u4fa1\u511f\u5374\u984d\u306f\u3042\u308b\u7a0b\u5ea6\u81ea\u7531\u306b\u8a2d\u5b9a\u3067\u304d\u308b\u305f\u3081\u3001<strong>\u5c11\u306a\u304f\u8a08\u4e0a\u3057\u3066\u8d64\u5b57\u3092\u6e1b\u3089\u3059<\/strong>\u3001\u3082\u3057\u304f\u306f<strong>\u591a\u304f\u8a08\u4e0a\u3057\u3066\u5229\u76ca\u3092\u5727\u7e2e\u3059\u308b<\/strong>\u3053\u3068\u304c\u53ef\u80fd\u3067\u3059\u3002\u55b6\u696d\u5229\u76ca\u306e\u63a8\u79fb\u3068\u5408\u308f\u305b\u3066\u78ba\u8a8d\u3059\u308b\u3053\u3068\u3067\u3001\u5229\u76ca\u8abf\u6574\u304c\u884c\u308f\u308c\u3066\u3044\u306a\u3044\u304b\u898b\u629c\u304d\u307e\u3059\u3002<\/li>\n<\/ul>\n<h6 id=\"7zs8b187lfg84qf9bl4yfg\">\u7814\u7a76\u958b\u767a\u8cbb<\/h6>\n<p>\u7814\u7a76\u958b\u767a\u8cbb\u306f\u65b0\u3057\u3044\u6280\u8853\u3084\u88fd\u54c1\u306e\u958b\u767a\u306b\u3064\u306a\u304c\u308b\u652f\u51fa\u3067\u3042\u308a\u3001<strong>\u6295\u8cc7\u7684<\/strong>\u306a\u610f\u5473\u5408\u3044\u3092\u6301\u3061\u307e\u3059\u3002\u305d\u306e\u305f\u3081\u3001\u904e\u53bb\u306e<span style=\"font-size: 16px; color: #333333;\">\u7814\u7a76\u958b\u767a\u8cbb\u306e\u7d50\u679c\u3092\u5206\u6790\u3059\u308b\u3053\u3068\u3067\u3001\u652f\u51fa\uff08\u6295\u8cc7\uff09\u304c\u52b9\u7387\u7684\u306b\u884c\u308f\u308c\u3066\u3044\u308b\u304b\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002<\/span><\/p>\n<p>\u307e\u305f\u3001\u8cb7\u53ce\u4e88\u5b9a\u4f1a\u793e\u304c\u540c\u696d\u4ed6\u793e\u306e\u5834\u5408\u306f\u3001\u81ea\u793e\u306e\u7814\u7a76\u5185\u5bb9\u3068\u306e\u91cd\u8907\u304c\u306a\u3044\u304b\u3082\u78ba\u8a8d\u9805\u76ee\u3067\u3059\u3002<\/p>\n<h6 id=\"3b2ensppevxe61h777o39\">\u5e83\u544a\u5ba3\u4f1d\u8cbb<\/h6>\n<p>\u5e83\u544a\u5ba3\u4f1d\u8cbb\u3082\u30d6\u30e9\u30f3\u30c9\u4fa1\u5024\u3084\u30a4\u30e1\u30fc\u30b8\u5411\u4e0a\u306e\u305f\u3081\u306e\u6295\u8cc7\u7684\u306a\u610f\u5473\u5408\u3044\u3092\u6301\u3061\u307e\u3059\u3002\u305d\u306e\u305f\u3081\u7814\u7a76\u958b\u767a\u8cbb\u3068\u540c\u69d8\u306b\u5b9f\u7e3e\u3084\u52b9\u679c\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002<\/p>\n<p>\u307e\u305f\u3001\u4f3c\u305f\u6027\u8cea\u3067\u3042\u308b\u8ca9\u58f2\u4fc3\u9032\u8cbb\u3082\u5b9f\u614b\u306b\u5fdc\u3058\u3066\u4e00\u7dd2\u306b\u8abf\u67fb\u3057\u307e\u3059\u3002<\/p>\n<h6 id=\"k6dicz4pq43yhlo98mou8\">\u7269\u6d41\u30b3\u30b9\u30c8<\/h6>\n<p>\u696d\u614b\u306b\u3082\u3088\u308a\u307e\u3059\u304c\u3001\u7269\u6d41\u30b3\u30b9\u30c8\u306f\u8cbb\u7528\u306b\u304a\u3051\u308b\u5272\u5408\u304c\u9ad8\u3044\u3053\u3068\u304c\u5c11\u306a\u304f\u3042\u308a\u307e\u305b\u3093\u3002\u307e\u305f\u3001<span style=\"font-size: 16px; color: #333333;\">\u7269\u3092\u904b\u3076\u696d\u614b\u3067\u306f\u7269\u6d41\u30b3\u30b9\u30c8\u306f\u4e8b\u696d\u306b\u5fc5\u8981\u306a\u56fa\u5b9a\u8cbb\u3068\u306a\u308b\u305f\u3081\u3001\u5f8c\u8ff0\u3059\u308b<\/span><span style=\"font-size: 16px; color: #333333;\"><strong>\u640d\u76ca\u5206\u5c90\u70b9\u5206\u6790\u306b\u304a\u3044\u3066\u91cd\u8981\u306a\u8981\u7d20<\/strong>\u3067\u3059\u3002<\/span>\u5229\u76ca\u7387\u3084\u7af6\u4e89\u529b\u306b\u76f4\u7d50\u3059\u308b\u3068\u8a00\u3048\u307e\u3059\u3002<\/p>\n<p>\u307e\u305f\u3001\u7269\u6d41\u30b3\u30b9\u30c8\u306f\u7269\u6d41\u62e0\u70b9\u3084\u7269\u6d41\u30b7\u30b9\u30c6\u30e0\u306e\u4e00\u672c\u5316\u7b49\u3001\u7d4c\u55b6\u7d71\u5408\u306b\u3088\u308b\u30b3\u30b9\u30c8\u524a\u6e1b\u52b9\u679c\u304c\u5927\u304d\u3044\u3068\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u305d\u306e\u305f\u3081\u3001M&amp;A\u5f8c\u306e\u65bd\u7b56\u3068\u305d\u308c\u306b\u3088\u308b\u524a\u6e1b\u984d\u306e\u898b\u8fbc\u307f\u3082\u898b\u636e\u3048\u305f\u8abf\u67fb\u3092\u3059\u308b\u3068\u3044\u3044\u3067\u3057\u3087\u3046\u3002<\/p>\n<div class=\"attention a-3\">\n<p class=\"attention-p\">\u3010\u696d\u614b\u306b\u3088\u3063\u3066\u7269\u6d41\u30b3\u30b9\u30c8\u306e\u91cd\u8981\u6027\u306f\u5909\u308f\u308b\u3011<\/p>\n<p class=\"attention-p\">\u7269\u3092\u904b\u3076\u696d\u614b\u3067\u306f\u7269\u6d41\u30b3\u30b9\u30c8\u306f\u4e8b\u696d\u306b\u5fc5\u8981\u306a\u56fa\u5b9a\u8cbb\u3067\u3059\u3002\u4e00\u65b9\u3067\u3001\u30b5\u30fc\u30d3\u30b9\u696d\u3084IT\u696d\u754c\u306e\u3088\u3046\u306a\u3001\u7269\u306e\u904b\u642c\u3092\u4f34\u308f\u306a\u3044\u696d\u7a2e\u3067\u3042\u308c\u3070\u7269\u6d41\u30b3\u30b9\u30c8\u306e\u91cd\u8981\u6027\u306f\u4f4e\u3044\u3067\u3057\u3087\u3046\u3002\u696d\u614b\u306b\u5fdc\u3058\u305f\u8abf\u67fb\u304c\u6c42\u3081\u3089\u308c\u307e\u3059\u3002<\/p>\n<\/div>\n<h6 id=\"qod6filsavqa3hyibde1g\">\u652f\u6255\u8cc3\u6599<\/h6>\n<p><span style=\"font-size: 16px; color: #333333;\">\u5730\u4ee3\u3084\u5bb6\u8cc3\u306f\u984d\u305d\u306e\u3082\u306e\u304c\u5927\u304d\u3044\u305f\u3081\u3001\u55b6\u696d\u5229\u76ca\u3092\u5727\u8feb\u3057\u3066\u3044\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u91d1\u984d\u306e\u59a5\u5f53\u6027\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002<\/span><\/p>\n<p>\u307e\u305f\u3001\u5909\u66f4\u304c\u898b\u8fbc\u307e\u308c\u308b\u5834\u5408\u306f\u91d1\u984d\u3092\u898b\u7a4d\u3082\u308a\u307e\u3059\u3002\u5177\u4f53\u7684\u306b\u306f\u6b21\u306e\u3088\u3046\u306a\u30b1\u30fc\u30b9\u3067\u3059\u3002<\/p>\n<ul>\n<li>\u62e0\u70b9\u306e\u7d71\u5ec3\u5408\u306b\u3088\u308a\u5730\u4ee3\u3084\u5bb6\u8cc3\u304c\u4e0d\u8981\u306b\u306a\u308b<\/li>\n<li>\u5730\u4ee3\u30fb\u5bb6\u8cc3\u306b\u304b\u304b\u308b\u5951\u7d04\u898b\u76f4\u3057\u304c\u898b\u8fbc\u307e\u308c\u308b<\/li>\n<\/ul>\n<p><span style=\"font-size: 16px; color: #333333;\">\u306a\u304a\u3001\u5730\u4ee3\u3084\u5bb6\u8cc3\u306f\u901a\u5e38\u300c\u56fa\u5b9a\u8cbb\u300d\u3067\u3042\u308a\u3001\u5f8c\u8ff0\u3059\u308b<strong>\u640d\u76ca\u5206\u5c90\u70b9\u5206\u6790\u306b\u304a\u3044\u3066\u91cd\u8981\u306a\u8981\u7d20<\/strong>\u3067\u3082\u3042\u308a\u307e\u3059\u3002<\/span><\/p>\n<h6 id=\"hdlmr7ultmr0n450w9zap\">\u7121\u5f62\u8cc7\u7523\u30e9\u30a4\u30bb\u30f3\u30b9\u30fb\u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u8cbb\u7528<\/h6>\n<p>\u3053\u308c\u3089\u306f\u5b9f\u614b\u304c\u898b\u3048\u306b\u304f\u3044\u8cbb\u7528\u306a\u306e\u3067\u3001<strong>\u3069\u306e\u3088\u3046\u306b\u5229\u76ca\u3092\u751f\u3093\u3067\u3044\u308b\u306e\u304b\u78ba\u8a8d<\/strong>\u3057\u306a\u3051\u308c\u3070\u306a\u308a\u307e\u305b\u3093\u3002<\/p>\n<p>\u7121\u5f62\u8cc7\u7523\u30e9\u30a4\u30bb\u30f3\u30b9\u3092\u53d6\u308a\u6271\u3063\u3066\u3044\u308b\u5834\u5408\u306f\u3001\u30e9\u30a4\u30bb\u30f3\u30b9\u30d5\u30a3\u30fc\u306e\u91d1\u984d\u3068\u3001\u7121\u5f62\u8cc7\u7523\u306e\u5185\u5bb9\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002\u307e\u305f\u3001\u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u3084\u30a8\u30fc\u30b8\u30a7\u30f3\u30c8\u306b\u304b\u304b\u308b\u8cbb\u7528\u306f\u3001\u91d1\u984d\u3060\u3051\u3067\u306a\u304f\u9069\u5207\u306a\u652f\u51fa\u3067\u3042\u308b\u304b\u3082\u78ba\u8a8d\u3057\u307e\u3057\u3087\u3046\u3002<\/p>\n<div class=\"attention a-1\">\n<p class=\"attention-p\"><strong>\u3010\u5206\u6790\u624b\u6cd5\u3011\u640d\u76ca\u5206\u5c90\u70b9\u5206\u6790<\/strong><\/p>\n<p class=\"attention-p\">\u58f2\u4e0a\u9ad8\u3001\u58f2\u4e0a\u539f\u4fa1\u3001\u8ca9\u58f2\u8cbb\u30fb\u4e00\u822c\u7ba1\u7406\u8cbb\u307e\u3067\u8abf\u67fb\u304c\u9032\u3080\u3068\u3001<strong><span style=\"color: #e25041;\">\u640d\u76ca\u5206\u5c90\u70b9\u5206\u6790<\/span><\/strong><span style=\"color: #000000;\">\u3092\u884c\u3048\u307e\u3059<\/span>\u3002<\/p>\n<p class=\"attention-p\">\u640d\u76ca\u5206\u5c90\u70b9\u5206\u6790\u306f\u3001\u5909\u52d5\u8cbb\u3068\u56fa\u5b9a\u8cbb\u3092\u5206\u89e3\u3059\u308b\u3053\u3068\u3067\u3001\u9650\u754c\u5229\u76ca\uff08\u58f2\u4e0a\u9ad8\u30fc\u5909\u52d5\u8cbb\uff09\u3092\u898b\u6975\u3081\u307e\u3059\u3002\u8d64\u5b57\u306b\u8ee2\u843d\u3059\u308b\u58f2\u4e0a\u9ad9\u304c\u6570\u5024\u5316\u3055\u308c\u308b\u305f\u3081\u3001\u30b3\u30b9\u30c8\u4e0a\u6607\u3084\u58f2\u4e0a\u6e1b\u5c11\u306b\u304a\u3044\u3066\u3069\u3053\u307e\u3067\u30ea\u30b9\u30af\u3092\u53d6\u308c\u308b\u306e\u304b\u53ef\u8996\u5316\u53ef\u80fd\u3067\u3059\u3002<\/p>\n<p class=\"attention-p\">\u58f2\u4e0a\u9ad8\u3068\u306e\u9023\u52d5\u6027\u3084\u8cbb\u7528\u69cb\u9020\u3082\u5206\u6790\u3067\u304d\u307e\u3059\u3002\u4f8b\u3048\u3070\u4eba\u4ef6\u8cbb\u306b\u3064\u3044\u3066\u3001\u6b21\u306e\u3088\u3046\u306b\u5206\u89e3\u3059\u308b\u3053\u3068\u3067\u3088\u308a\u6df1\u304f\u8cbb\u7528\u69cb\u9020\u3092\u5206\u6790\u3057\u307e\u3059\u3002<\/p>\n<ul>\n<li><strong>\u56fa\u5b9a\u8cbb\u3000\u6b63\u793e\u54e1\u306e\u56fa\u5b9a\u7d66\u3001\u6bce\u6708\u7a4d\u307f\u7acb\u3066\u308b\u9000\u8077\u91d1\u7a4d\u7acb\u91d1\u306a\u3069<\/strong><\/li>\n<li><strong>\u5909\u52d5\u8cbb\u3000\u6b8b\u696d\u4ee3\u3001\u975e\u6b63\u898f\u96c7\u7528\u8005\u306b\u304b\u304b\u308b\u4eba\u4ef6\u8cbb\u3068\u3044\u3063\u305f\u3001\u5909\u52d5\u3059\u308b\u4eba\u4ef6\u8cbb<\/strong><\/li>\n<\/ul>\n<p>\u203b\u640d\u76ca\u5206\u5c90\u70b9\u3000\u58f2\u4e0a\u9ad8\u3068\u8cbb\u7528\u306e\u984d\u304c\u7b49\u3057\u304f\u306a\u308b\u58f2\u4e0a\u9ad8\u3084\u8ca9\u58f2\u6570\u91cf\u7b49<\/p>\n<\/div>\n<h3 id=\"dhvm006x8zfn2aobbyxksa\">3-4.\u55b6\u696d\u5916\u640d\u76ca\u30fb\u7279\u5225\u640d\u76ca<\/h3>\n<p>\u55b6\u696d\u5916\u640d\u76ca\u3068\u7279\u5225\u640d\u76ca\u306f\u81e8\u6642\u7684\u306a\u640d\u76ca\u3067\u3042\u308b\u305f\u3081\u3001\u57fa\u672c\u7684\u306b\u53ce\u76ca\u529b\u306b\u306f\u542b\u3081\u307e\u305b\u3093\uff08\u203b\uff09\u3002\u305f\u3060\u3057\u3001\u5358\u306b\u9664\u5916\u3059\u308b\u3060\u3051\u3067\u306a\u304f\u3001\u7279\u5225\u640d\u76ca\u306e\u5185\u5bb9\u304c\u9069\u5207\u3067\u3042\u308b\u304b\u3082\u78ba\u8a8d\u3057\u307e\u3059\u3002<\/p>\n<p><span style=\"font-size: 16px; color: #333333;\">\u203b<span style=\"font-size: 16px; color: #333333;\">\u55b6\u696d\u5916\u640d\u76ca\u3067\u3082<\/span>\u4f8b\u5916\u3068\u3057\u3066\u3001<span style=\"font-size: 16px; color: #333333;\">\u81ea\u52d5\u8ca9\u58f2\u6a5f\u306e\u3088\u3046\u306a<\/span>\u53cd\u5fa9\u7d99\u7d9a\u3059\u308b\u53ce\u76ca\u3067\u3042\u308c\u3070\u3001\u53ce\u76ca\u529b\u306b\u542b\u3081\u307e\u3059\u3002<\/span><\/p>\n<p>\u7279\u5225\u640d\u76ca\u306e\u9069\u5207\u6027\u3092\u78ba\u8a8d\u3059\u308b\u7406\u7531\u306f\u6b21\u306e\u901a\u308a\u3067\u3059\u3002<\/p>\n<ul>\n<li><strong>\u672c\u6765\u306f\u901a\u5e38\u306e\u7d4c\u8cbb\u3068\u3057\u3066\u8a08\u4e0a\u3059\u3079\u304d\u9805\u76ee\u304c\u7279\u5225\u640d\u76ca\u3068\u3057\u3066\u51e6\u7406\u3055\u308c\u3066\u3044\u308b\u3053\u3068\u304c\u3042\u308b<\/strong><br \/>\n\u4e2d\u5c0f\u4f01\u696d\u306e\u5834\u5408\u3001\u4f1a\u793e\u306e\u72ec\u81ea\u30eb\u30fc\u30eb\u3067\u7d4c\u8cbb\u306e\u9805\u76ee\u304c\u7279\u5225\u640d\u76ca\u306b\u5206\u985e\u3055\u308c\u3066\u3044\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002\u307e\u305f\u3001\u5834\u5408\u306b\u3088\u3063\u3066\u306f\u55b6\u696d\u5229\u76ca\u3092\u5927\u304d\u304f\u898b\u305b\u308b\u305f\u3081\u306b\u610f\u56f3\u7684\u306b\u7d4c\u8cbb\u304c\u7279\u5225\u640d\u76ca\u306b\u3055\u308c\u3066\u3044\u308b\u30b1\u30fc\u30b9\u3082\u8003\u3048\u3089\u308c\u307e\u3059\u3002<\/li>\n<li><strong>\u7279\u5225\u640d\u76ca\u306e\u51e6\u7406\u304c\u904e\u53bb\u306e\u640d\u76ca\u8a08\u7b97\u66f8\u306b\u5f71\u97ff\u3059\u308b\u3053\u3068\u304c\u3042\u308b<\/strong><br \/>\n\u4f8b\u3048\u3070\u3042\u308b\u5e74\u5ea6\u306b\u52a3\u5316\u3084\u9673\u8150\u5316\u3057\u305f\u5728\u5eab\u306e\u7834\u68c4\u3092\u4e00\u6c17\u306b\u884c\u3044\u3001\u8a72\u5f53\u5e74\u5ea6\u306e\u7279\u5225\u640d\u76ca\u306b\u8a08\u4e0a\u3057\u305f\u3068\u3057\u307e\u3059\u3002\u3053\u306e\u3088\u3046\u306a\u51e6\u7406\u306f\u3001\u672c\u6765\u306f\u305d\u308c\u4ee5\u524d\u306e\u5e74\u5ea6\u3067\u5f90\u3005\u306b\u55b6\u696d\u640d\u76ca\u3068\u3057\u3066\u8a08\u4e0a\u3059\u3079\u304d\u3060\u3068\u8003\u3048\u3089\u308c\u308b\u305f\u3081\u3001\u904e\u53bb\u306e\u640d\u76ca\u8a08\u7b97\u66f8\u306b\u53cd\u6620\u3055\u305b\u308b\u4fee\u6b63\u304c\u5fc5\u8981\u3067\u3059\u3002<\/li>\n<\/ul>\n<h2 id=\"czi5w8r1icn1eir1bd6as6\">4.\u3010\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u67903\u3011\u6b63\u5e38\u53ce\u76ca\u529b\u306e\u628a\u63e1<\/h2>\n<p>\u6b63\u5e38\u53ce\u76ca\u529b\u306b\u304a\u3051\u308b\u4ee3\u8868\u7684\u306a\u5206\u6790\u6307\u6a19\u306bEBITDA\u304c\u3042\u308a\u307e\u3059\u3002\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u3067\u306f\u3001\u307e\u305a\u306fEBITDA\u3092\u7b97\u51fa\u3057\u3001EBITDA\u3092\u8abf\u6574\u3059\u308b\u3053\u3068\u3067\u3002M&amp;A\u306b\u304a\u3051\u308b\u3001\u3088\u308a\u9069\u5207\u306a\u5224\u65ad\u6750\u6599\u3068\u3057\u307e\u3059\u3002<\/p>\n<p>\u640d\u76ca\u69cb\u9020\u3092\u628a\u63e1\u3059\u308b\u3053\u3068\u3067\u3001\u300c\u53ce\u76ca\u529b\u300d\u304c\u53ef\u8996\u5316\u3055\u308c\u307e\u3059\u3002\u3055\u3089\u306b\u3001<strong>\u5b9f\u614b\u306b\u6cbf\u308f\u305b\u308b\u8abf\u6574<\/strong><strong>\u3092\u884c\u3046\u306e\u304c<\/strong><span style=\"font-size: 16px; color: #333333;\"><strong>\u300c\u6b63\u5e38\u53ce\u76ca\u529b\u300d\u306e\u7b97\u5b9a<\/strong><\/span>\u3068\u8003\u3048\u308b\u3068\u3044\u3044\u3067\u3057\u3087\u3046\u3002<\/p>\n<h3 id=\"ut2hvb1hymlq4jy49cxdtm\">4-1.\u3010EBITDA\u3011\u6b63\u5e38\u53ce\u76ca\u529b\u306b\u304a\u3051\u308b\u4ee3\u8868\u7684\u306a\u5206\u6790\u6307\u6a19<\/h3>\n<p><span style=\"font-size: 16px; color: #333333;\"><span style=\"font-size: 16px; color: #333333;\"><span style=\"font-size: 16px; color: #333333;\">EBITDA\u306e\u6700\u3082<\/span>\u30b7\u30f3\u30d7\u30eb\u306a\u8003\u3048\u65b9\u306f\u300c\u55b6\u696d\u5229\u76ca\uff0b\u6e1b\u4fa1\u511f\u5374\u8cbb\u300d\u3067\u3059\u3002<\/span><\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.ht-tax.or.jp\/navi\/cms\/wp-content\/uploads\/2025\/12\/tqyZ6cM3FljJ4XP92rkoeBKYN-1761623111.png\" style=\"display: block; vertical-align: top; margin: 5px auto 5px 0px; text-align: left; width: 70.05%;\" class=\"fr-draggable\" \/>\u00a0<\/p>\n<p><span style=\"font-size: 16px; color: #333333;\">\u55b6\u696d\u5229\u76ca\u306f\u6cd5\u4eba\u7a0e\u3001\u652f\u6255\u5229\u606f\u63a7\u9664\u524d\u306e\u5229\u76ca\u3067\u3059\u3002<strong>\u6cd5\u4eba\u7a0e\u306e\u63a7\u9664\u524d\u3067\u3042\u308b\u3053\u3068\u3067<\/strong><\/span><span style=\"font-size: 16px; color: #e25041;\"><strong>\u6cd5\u4eba\u7a0e\u7387\uff08\u7a0e\u5236\uff09<\/strong><\/span><span style=\"font-size: 16px; color: #333333;\"><strong>\u306e\u5f71\u97ff\u3092\u53d7\u3051\u305a\u3001\u652f\u6255\u5229\u606f\u306e\u63a7\u9664\u524d\u3067\u3042\u308b\u3053\u3068\u3067<\/strong><\/span><span style=\"font-size: 16px; color: #e25041;\"><strong>\u8cc7\u672c\u69cb\u6210\uff08\u501f\u5165\u91d1\u7b49\uff09<\/strong><\/span><span style=\"font-size: 16px; color: #333333;\"><strong>\u306e\u5f71\u97ff\u3092\u53d7\u3051\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u305b\u3093\u3002<\/strong><\/span><\/p>\n<p>\u307e\u305f\u6e1b\u4fa1\u511f\u5374\u8cbb\u304c\u542b\u307e\u308c\u3066\u3044\u308b\u305f\u3081\u3001<strong><span style=\"color: #e25041;\">\u6e1b\u4fa1\u511f\u5374\u65b9\u6cd5<\/span>\u306e\u5f71\u97ff\u3082\u53d7\u3051\u306a\u3044\u6027\u8cea\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u308c\u3089\u304b\u3089\u3001<\/strong><strong><span style=\"color: #e25041;\">\u7d14\u7c8b\u306a\u53ce\u76ca\u529b<\/span>\u3092\u793a\u3059\u6307\u6a19\u3068\u3057\u3066\u7528\u3044\u3089\u308c\u3066\u3044\u308b\u306e\u3067\u3059\u3002<\/strong><\/p>\n<p>\u203bEBITDA \u306b\u3064\u3044\u3066\u8a73\u3057\u304f\u306f\u300c<a href=\"https:\/\/www.ht-tax.or.jp\/navi\/ebitda-made-easy\" target=\"_blank\" rel=\"noopener\">EBITDA\u3068\u306f\uff1f\u521d\u5fc3\u8005\u3067\u3082\u308f\u304b\u308a\u3084\u3059\u3044\u55b6\u696d\u5229\u76ca\u3068\u306e\u9055\u3044\u3068\u8a08\u7b97\u6cd5<\/a><span style=\"font-size: 12pt; color: #000000;\">\u300d\u3092\u3054\u89a7\u304f\u3060\u3055\u3044\u3002<\/span><\/p>\n<h3 id=\"oqf2wskmwjj17zx7bpq1\">4-2.\u3010\u8abf\u6574\u5f8cEBITDA\u3011\u6570\u5024\u306e\u6b63\u5e38\u5316\u8abf\u6574<\/h3>\n<p>EBITDA\u306f\u7a0e\u5236\u3084\u8cc7\u672c\u69cb\u6210\u306e\u5f71\u97ff\u3092\u9664\u5916\u3059\u308b\u3053\u3068\u3067\u7d14\u7c8b\u306a\u53ce\u76ca\u529b\u3092\u793a\u305b\u307e\u3059\u304c\u3001M&amp;A\u3067\u6d3b\u7528\u3059\u308b\u305f\u3081\u306b\u306f\u6b21\u306e\u3088\u3046\u306a\u8abf\u6574\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n<ul>\n<li>\u7d99\u7d9a\u7684\u3067\u306f\u306a\u3044\u53d6\u5f15\u306e\u5f71\u97ff\u3092\u9664\u5916\u3059\u308b<\/li>\n<li>\u4f1a\u8a08\u51e6\u7406\u57fa\u6e96\u306e\u5909\u66f4\u304c\u3042\u308b\u5834\u5408\u306f\u3001\u904e\u53bb\u5206\u3082\u65b0\u3057\u3044\u4f1a\u8a08\u51e6\u7406\u3092\u9069\u7528\u3055\u305b\u305f\u5834\u5408\u306e\u5f71\u97ff\u3092\u53cd\u6620\u3055\u305b\u308b<\/li>\n<li>\u53ce\u76ca\u30fb\u8cbb\u7528\u306e\u8a08\u4e0a\u6642\u671f\u306b\u30ba\u30ec\u304c\u3042\u3063\u305f\u5834\u5408\u306e\u8abf\u6574<\/li>\n<li>\u4f1a\u8a08\u51e6\u7406\u306e\u8aa4\u8b2c\u304c\u3042\u3063\u305f\u5834\u5408\u306e\u4fee\u6b63<\/li>\n<li>\u305d\u306e\u4ed6\u3001\u53ce\u76ca\u6027\u306b\u95a2\u308f\u308b\u5076\u767a\u4e8b\u9805\u304c\u3042\u308c\u3070\u8abf\u6574\u3059\u308b<\/li>\n<\/ul>\n<h3 id=\"88c8kz8gkp506zzs1xngfah\">4-3.\u3010\u30d7\u30ed\u30d5\u30a9\u30fc\u30de\u8abf\u6574\u3011M&amp;A\u5f8c\u3092\u898b\u636e\u3048\u305f\u8abf\u6574<\/h3>\n<p>M&amp;A\u306b\u304a\u3051\u308b\u6b63\u5e38\u53ce\u76ca\u529b\u3092\u628a\u63e1\u3059\u308b\u305f\u3081\u306b\u306f\u3001M&amp;A\u305d\u306e\u3082\u306e\u306e\u5f71\u97ff\u3082\u8003\u616e\u3057\u306a\u3051\u308c\u3070\u306a\u308a\u307e\u305b\u3093\u3002\u3053\u308c\u3092\u30d7\u30ed\u30d5\u30a9\u30fc\u30de\u8abf\u6574\u3068\u8a00\u3044\u3001\u4e3b\u306a\u8abf\u6574\u9805\u76ee\u306f\u6b21\u306e\u901a\u308a\u3067\u3059\u3002<\/p>\n<ul>\n<li>M&amp;A\u5b9f\u884c\u5f8c\u306b\u5ec3\u6b62\u3059\u308b\u898b\u8fbc\u307f\u306e\u4e8b\u696d<\/li>\n<li>M&amp;A\u5b9f\u884c\u5f8c\u306b\u524a\u6e1b\u4e88\u5b9a\u306e\u7d4c\u8cbb<\/li>\n<li>M&amp;A\u5b9f\u884c\u5f8c\u306b\u65b0\u305f\u306b\u5fc5\u8981\u3068\u306a\u308b\u8cbb\u7528<\/li>\n<\/ul>\n<p>\u307e\u305f\u3001M&amp;A\u5b9f\u884c\u5f8c\u306e\u7d44\u7e54\u518d\u7de8\u3084\u4e8b\u696d\u518d\u751f\u8a08\u753b\u7b49\u304c\u4e88\u5b9a\u3055\u308c\u3066\u3044\u308b\u5834\u5408\u306f\u3001\u305d\u308c\u3089\u304c\u5b9f\u884c\u3055\u308c\u305f\u5834\u5408\u306e\u5f71\u97ff\u3082\u52a0\u5473\u3057\u307e\u3059\u3002<\/p>\n<h2 id=\"0tswt908ew7eo0zbfe9zf9\">5.\u8fbb\u30fb\u672c\u90f7 FAS\u682a\u5f0f\u4f1a\u793e\u306f\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u306e\u5c02\u9580\u5bb6\u3067\u3059<\/h2>\n<p>\u7a0e\u52d9\u30fb\u8ca1\u52d9\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u5b9f\u7e3e\u304c\u8c4a\u5bcc\u306a<a href=\"https:\/\/www.ht-fas.co.jp\/\" target=\"_blank\" rel=\"noopener\">\u8fbb\u30fb\u672c\u90f7 FAS\u682a\u5f0f\u4f1a\u793e<\/a>\u306a\u3089\u3001<strong>\u640d\u76ca\u8a08\u7b97\u66f8\u5206\u6790\u3067\u3082\u9069\u5207\u306a\u30b9\u30c6\u30c3\u30d7\u3067\u6b63\u5e38\u53ce\u76ca\u529b\u3092\u8abf\u67fb<\/strong>\u3057\u307e\u3059\u3002<br \/>\n\u8cb8\u501f\u5bfe\u7167\u8868\u5206\u6790\u3084\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u5206\u6790\u306b\u3082\u5bfe\u5fdc\u3057\u3066\u3044\u308b\u306e\u3067\u3001\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u304b\u3089\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u307e\u3067\u5b89\u5fc3\u3057\u3066\u3054\u4f9d\u983c\u3044\u305f\u3060\u3051\u307e\u3059\u3002<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.ht-tax.or.jp\/navi\/cms\/wp-content\/uploads\/2025\/12\/REXcnGMVdUOzsgPfbrlS614my-1758518740-27d5a6e1eddc.jpg\" class=\"fr-draggable\" \/>PPA\u3084\u7d4c\u55b6\u7d71\u5408\u306a\u3069\u3001M&amp;A\u3092\u5e45\u5e83\u304f\u30b5\u30dd\u30fc\u30c8\u3057\u3066\u3044\u308b\u305f\u3081\u3001M&amp;A\u5168\u4f53\u3092\u898b\u636e\u3048\u305f\u8ca1\u52d9\u8af8\u8868\u5206\u6790\u3092\u884c\u3048\u307e\u3059\u3002<\/p>\n<p>\u307e\u305f\u3001<a href=\"https:\/\/www.ht-tax.or.jp\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 16px; color: 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