{"id":149678,"date":"2018-05-24T10:12:51","date_gmt":"2018-05-24T01:12:51","guid":{"rendered":"https:\/\/profession-net.com\/professionjournal\/?p=149678"},"modified":"2019-07-03T09:24:47","modified_gmt":"2019-07-03T00:24:47","slug":"accounting-article-57","status":"publish","type":"post","link":"https:\/\/profession-net.com\/professionjournal\/accounting-article-57\/","title":{"rendered":"\uff2d\uff06\uff21\u306b\u5fc5\u8981\u306a\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u57fa\u672c\u3068\u5b9f\u52d9\uff0d\u8ca1\u52d9\u30fb\u7a0e\u52d9\u7de8\uff0d\u3000\u3010\u7b2c\uff12\u56de\u3011\u300c\u7d14\u6709\u5229\u5b50\u8ca0\u50b5\u306e\u5206\u6790\uff08\u305d\u306e\uff12\uff09\u300d"},"content":{"rendered":"<div class=\"the-content text mb-0\"><h3 style=\"text-align: center;\"><strong><span style=\"color: #333399;\">\uff2d<\/span><span style=\"font-size: 20px;\">\uff06<\/span><span style=\"color: #b22222;\">\uff21<\/span><span style=\"font-size: 20px;\">\u306b\u5fc5\u8981\u306a<\/span><\/strong><\/h3>\n<h3 style=\"text-align: center;\"><strong><span style=\"color: #800000;\">\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9<\/span><span style=\"font-size: 18px;\">\u306e<\/span>\u57fa\u672c<span style=\"font-size: 18px;\">\u3068<\/span>\u5b9f\u52d9<\/strong><\/h3>\n<h5 style=\"text-align: center;\"><strong>\uff0d\u8ca1\u52d9\u30fb\u7a0e\u52d9\u7de8\uff0d<\/strong><\/h5>\n<h4 style=\"text-align: center;\"><strong>\u3010\u7b2c\uff12\u56de\u3011<\/strong><\/h4>\n<h4 style=\"text-align: center;\"><strong>\u300c\u7d14\u6709\u5229\u5b50\u8ca0\u50b5\u306e\u5206\u6790\uff08\u305d\u306e\uff12\uff09\u300d<\/strong><\/h4>\n<p>&nbsp;<\/p>\n<p style=\"text-align: right;\">\u516c\u8a8d\u4f1a\u8a08\u58eb\u30fb\u516c\u8a8d\u4e0d\u6b63\u691c\u67fb\u58eb<br \/>\n<strong>\u677e\u6fa4\u3000\u516c\u8cb4<\/strong><\/p>\n<p>&nbsp;<\/p>\n<div style=\"padding: 10px; border: 3px solid #cccccc; text-align: center; border-radius: 20px;\">\n<p style=\"text-align: center; margin-bottom: 3px;\"><a title=\"\uff2d\uff06\uff21\u306b\u5fc5\u8981\u306a\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u57fa\u672c\u3068\u5b9f\u52d9\uff0d\u8ca1\u52d9\u30fb\u7a0e\u52d9\u7de8\uff0d\u3000\u3010\u7b2c\uff11\u56de\u3011\u300c\u7d14\u6709\u5229\u5b50\u8ca0\u50b5\u306e\u5206\u6790\uff08\u305d\u306e\uff11\uff09\u300d\" href=\"https:\/\/profession-net.com\/professionjournal\/accounting-article-56\/\">\u2190\uff08\u524d\u56de\uff09<\/a>\u3000\uff5c\u3000<a title=\"\uff2d\uff06\uff21\u306b\u5fc5\u8981\u306a\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u57fa\u672c\u3068\u5b9f\u52d9\uff0d\u8ca1\u52d9\u30fb\u7a0e\u52d9\u7de8\uff0d\u3000\u3010\u7b2c\uff13\u56de\u3011\u300c\u904b\u8ee2\u8cc7\u672c\u306e\u5206\u6790\uff08\u305d\u306e\uff11\uff09\u300d\uff0d\u904b\u8ee2\u8cc7\u672c\u306e\u6982\u8981\uff0d\" href=\"https:\/\/profession-net.com\/professionjournal\/accounting-article-58\/\">\uff08\u6b21\u56de\uff09\u2192<\/a><\/p>\n<\/div>\n<p><strong>\u3000<\/strong><\/p>\n<h4 style=\"margin-left: 15px; text-indent: -15px; margin-top: 20px;\"><strong>\u25b7\u6709\u5229\u5b50\u8ca0\u50b5\u306e\u8abf\u67fb<\/strong><\/h4>\n<p style=\"margin-bottom: 3px;\"><strong>\u3014\u4e3b\u306a\u6709\u5229\u5b50\u8ca0\u50b5\u3015<\/strong><\/p>\n<div class=\"box_ box clear\" style=\"font-size:15px; line-height:25px;-moz-border-radius: 5px; border-radius: 5px;background-color:#FFFFFF;color:#000000;border-color:#b22222;\">\n\t\t<p style=\"margin-left: 15px; text-indent: -15px; margin-bottom: 3px;\">\u25a1\u3000\u501f\u5165\u91d1<\/p>\n<p style=\"margin-left: 15px; text-indent: -15px; margin-bottom: 3px; padding-left: 15px;\">\u27a4<span style=\"border-style: solid; border-width: 1px; padding: 0px 0px 0px 0px;\">\u8a3c\u66f8\u8cb8\u4ed8<\/span><br \/>\n\uff62\u91d1\u92ad\u6d88\u8cbb\u8cb8\u501f\u5951\u7d04\u66f8\uff63\u306a\u3069\u306e\u5951\u7d04\u66f8\u3092\u9280\u884c\u306b\u5dee\u3057\u51fa\u3057\u3066\u53d7\u3051\u308b\u878d\u8cc7\u3067\u3001\u4e3b\u306b\u9577\u671f\u306e\u8fd4\u6e08\u671f\u9593\u3067\u306e\u501f\u5165\u308c\u3067\u3042\u308b\u3002<\/p>\n<p style=\"margin-left: 15px; text-indent: -15px; margin-bottom: 3px; padding-left: 15px;\">\u27a4<span style=\"border-style: solid; border-width: 1px; padding: 0px 0px 0px 0px;\">\u624b\u5f62\u8cb8\u4ed8<\/span><br \/>\n\u501f\u5165\u7528\u306e\u624b\u5f62\u3092\u9280\u884c\u306b\u5dee\u3057\u5165\u308c\u3066\u878d\u8cc7\u3092\u53d7\u3051\u308b\u65b9\u6cd5\u3067\u3001\u4e3b\u306b\u77ed\u671f\u306e\u8fd4\u6e08\u671f\u9593\u3067\u306e\u501f\u5165\u308c\u3067\u3042\u308b\u3002<\/p>\n<p style=\"margin-left: 15px; text-indent: -15px; margin-bottom: 3px; padding-left: 15px;\">\u27a4<span style=\"border-style: solid; border-width: 1px; padding: 0px 0px 0px 0px;\">\u624b\u5f62\u5272\u5f15<\/span><br \/>\n\u58f2\u4e0a\u4ee3\u91d1\u3092\u624b\u5f62\u3067\u56de\u53ce\u3057\u305f\u5834\u5408\u3001\u305d\u306e\u624b\u5f62\u3092\u9280\u884c\u304c\u8cb7\u3044\u53d6\u308b\u3053\u3068\u306b\u3088\u3063\u3066\u8cc7\u91d1\u304c\u51fa\u3055\u308c\u308b\u878d\u8cc7\u65b9\u6cd5\u3067\u3042\u308b\u3002<\/p>\n<p style=\"margin-left: 15px; text-indent: -15px; margin-bottom: 10px; padding-left: 15px;\">\u27a4<span style=\"border-style: solid; border-width: 1px; padding: 0px 0px 0px 0px;\">\u5f53\u5ea7\u8cb8\u8d8a<\/span><br \/>\n\u878d\u8cc7\u306e\u6975\u5ea6\u984d\u3092\u8a2d\u5b9a\u3057\u3001\u305d\u306e\u6975\u5ea6\u984d\u307e\u3067\u306f\u81ea\u7531\u306b\u878d\u8cc7\u3092\u53d7\u3051\u305f\u308a\u8fd4\u6e08\u3057\u305f\u308a\u3067\u304d\u308b\u3068\u3044\u3046\u878d\u8cc7\u65b9\u6cd5\u3067\u3042\u308b\u3002<\/p>\n<p style=\"margin-left: 15px; text-indent: -15px; margin-bottom: 3px;\">\u25a1\u3000\u793e\u50b5<\/p>\n<p style=\"margin-left: 15px; text-indent: -15px; margin-bottom: 3px; padding-left: 15px;\">\u27a4<span style=\"border-style: solid; border-width: 1px; padding: 0px 0px 0px 0px;\">\u666e\u901a\u793e\u50b5<\/span><br \/>\n\u6e80\u671f\u304c\u8a2d\u5b9a\u3055\u308c\u3066\u304a\u308a\u3001\u6e80\u671f\u307e\u3067\u306e\u9593\u3001\u50b5\u5238\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u6295\u8cc7\u5bb6\u306b\u5bfe\u3057\u3066\u30af\u30fc\u30dd\u30f3\u304c\u652f\u6255\u308f\u308c\u308b\u3002<\/p>\n<p style=\"margin-left: 15px; text-indent: -15px; margin-bottom: 10px; padding-left: 15px;\">\u27a4<span style=\"border-style: solid; border-width: 1px; padding: 0px 0px 0px 0px;\">\u65b0\u682a\u4e88\u7d04\u6a29\u4ed8\u793e\u50b5<\/span><br \/>\n\u682a\u5f0f\u306b\u8ee2\u63db\u3067\u304d\u308b\u6a29\u5229\u304c\u4ed8\u3044\u305f\u793e\u50b5\u3067\u3042\u308b\u3002<\/p>\n<p style=\"margin-left: 15px; text-indent: -15px; margin-bottom: 10px;\">\u25a1\u3000\u30b3\u30de\u30fc\u30b7\u30e3\u30eb\u30da\u30fc\u30d1\u30fc<br \/>\n\u4f01\u696d\u304c\u77ed\u671f\u8cc7\u91d1\u306e\u8abf\u9054\u3092\u76ee\u7684\u306b\u3001\u30aa\u30fc\u30d7\u30f3\u5e02\u5834\u3067\u5272\u5f15\u5f62\u5f0f\u3067\u767a\u884c\u3059\u308b\u7121\u62c5\u4fdd\u306e\u7d04\u675f\u624b\u5f62\u3067\u3042\u308b\u3002<\/p>\n<p style=\"margin-left: 15px; text-indent: -15px; margin-bottom: 3px;\">\u25a1\u3000\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u30ea\u30fc\u30b9\u50b5\u52d9\u3001\u672a\u6255\u5229\u606f\u3000\u306a\u3069<\/p>\n<\/div><!--more--><br \/>\n\u76f8\u624b\u5148\u5225\u501f\u5165\u6b8b\u9ad8\u306e\u63a8\u79fb\u3092\u628a\u63e1\u3057\u3001\u65e2\u5b58\u306e\u501f\u5165\u308c\u306b\u3064\u3044\u3066\u306f\u7d04\u5b9a\u3069\u304a\u308a\u306e\u8fd4\u6e08\u304c\u884c\u308f\u308c\u3066\u3044\u308b\u304b\u3001\u65b0\u898f\u501f\u5165\u308c\u306b\u3064\u3044\u3066\u306f\u3001\u501f\u5165\u76ee\u7684\u3001\u8cc7\u91d1\u4f7f\u9014\u53ca\u3073\u8af8\u6761\u4ef6\u3092\u628a\u63e1\u3059\u308b\u3068\u3068\u3082\u306b\u3001\u30cd\u30c3\u30c8D\/E\u30ec\u30b7\u30aa\u3001\u6709\u5229\u5b50\u8ca0\u50b5EBITDA\u500d\u7387\u306a\u3069\u3092\u540c\u696d\u4ed6\u793e\u3068\u6bd4\u8f03\u306e\u3046\u3048\u5206\u6790\u3092\u3059\u308b\u3002\u57fa\u6e96\u65e5\u306b\u304a\u3051\u308b\u76f8\u624b\u5148\u5225\u501f\u5165\u91d1\u6b8b\u9ad8\u3092\u628a\u63e1\u3057\u3001\u91d1\u92ad\u6d88\u8cbb\u8cb8\u501f\u5951\u7d04\u66f8\u53c8\u306f\u91d1\u878d\u6a5f\u95a2\u767a\u884c\u306e\u6b8b\u9ad8\u8a3c\u660e\u66f8\u306a\u3069\u306e\u63d0\u4f9b\u3092\u4f9d\u983c\u3057\u3001\u501f\u5165\u6761\u4ef6\u3001\u91d1\u5229\u3001\u62c5\u4fdd\u3084\u4fdd\u8a3c\u306e\u6709\u7121\u3001\u305d\u306e\u4ed6\u7279\u5225\u6761\u9805\u30fb\u5236\u9650\u6761\u9805\u306a\u3069\u3092\u628a\u63e1\u3059\u308b\u3002<\/p>\n<p>\u7279\u306b\u8ca1\u52d9\u5236\u9650\u6761\u9805\u306a\u3069\u306e\u671f\u9650\u524d\u8fd4\u6e08\u306e\u53ef\u5426\u3001COC\u6761\u9805\uff08Change of Control\uff1a\u30c1\u30a7\u30f3\u30b8\u30aa\u30d6\u30b3\u30f3\u30c8\u30ed\u30fc\u30eb\u6761\u9805\uff09\u3092\u78ba\u8a8d\u3057\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308b\u3002\u307e\u305a\u3001\u8ca1\u52d9\u5236\u9650\u6761\u9805\u306b\u3064\u3044\u3066\u306f\u3001\u8cb7\u53ce\u5f8c\u306e\u7d4c\u55b6\u6226\u7565\u306e\u5236\u7d04\u306b\u306a\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u305f\u3081\u3001\u5bfe\u8c61\u4f1a\u793e\u306e\u9075\u5b88\u72b6\u6cc1\u3092\u78ba\u8a8d\u3059\u308b\u3068\u3068\u3082\u306b\u3001\u4eca\u5f8c\u306e\u8a08\u753b\u3078\u306e\u5f71\u97ff\u3092\u691c\u8a0e\u3059\u308b\u5fc5\u8981\u304c\u3042\u308b\u3002<\/p>\n<p>\u6b21\u306b\u3001COC\u6761\u9805\u3068\u306f\u3001\u91d1\u878d\u6a5f\u95a2\u304b\u3089\u306e\u501f\u5165\u306b\u9650\u3089\u305a\u53d6\u5f15\u5148\u306a\u3069\u3068\u306e\u5951\u7d04\u306b\u304a\u3044\u3066\u3001\u5bfe\u8c61\u4f1a\u793e\u306e\u682a\u4e3b\u3084\u4ee3\u8868\u8005\u3068\u3044\u3063\u305f\u652f\u914d\u6a29\uff08Control\uff09\u304c\u5909\u66f4\uff08Change\uff09\u3057\u305f\u3068\u304d\u306b\u3001\u305d\u306e\u5951\u7d04\u306b\u89e3\u9664\u4e8b\u7531\u304c\u767a\u751f\u3057\u305f\u308a\u3001\u4e8b\u524d\u53c8\u306f\u4e8b\u5f8c\u306b\u5951\u7d04\u306e\u76f8\u624b\u65b9\u306b\u5bfe\u3057\u3066\u3001\u901a\u77e5\u53c8\u306f\u5c4a\u51fa\u3092\u884c\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u3059\u308b\u6761\u9805\u3067\u3042\u308b\u3002<\/p>\n<p>\u91cd\u8981\u306a\u5951\u7d04\u66f8\u306bCOC\u6761\u9805\u304c\u5b58\u5728\u3057\u305f\u5834\u5408\u306f\u3001\u5951\u7d04\u306e\u76f8\u624b\u65b9\u306e\u72b6\u6cc1\u3092\u3088\u304f\u5206\u6790\u3057\u3001\u30b3\u30f3\u30bf\u30af\u30c8\u3092\u3059\u3079\u304d\u304b\u691c\u8a0e\u3057\u3001\u4f8b\u3048\u3070\u3001\u30af\u30ed\u30fc\u30b8\u30f3\u30b0\u65e5\u307e\u3067\u306b\u3001\u305d\u306e\u53d6\u5f15\u5148\u304b\u3089M&amp;A\u5f8c\u3082\u5f93\u524d\u3068\u540c\u3058\u6761\u4ef6\u3067\u3001\u7d99\u7d9a\u3057\u3066\u53d6\u5f15\u3092\u884c\u3046\u65e8\u306e\u78ba\u7d04\u66f8\u3092\u5165\u624b\u3059\u308b\u3053\u3068\u3092\u6761\u4ef6\u306bM&amp;A\u3092\u5b9f\u884c\u3059\u308b\u3053\u3068\u3082\u3042\u308b\u3002<\/p>\n<p style=\"margin-bottom: 3px;\"><strong>\u3014COC\u6761\u9805\u304c\u4ed8\u3055\u308c\u3066\u3044\u308b\u4f8b\u3015<\/strong><\/p>\n<div class=\"box_ box clear\" style=\"font-size:15px; line-height:25px;-moz-border-radius: 5px; border-radius: 5px;background-color:#FFFFFF;color:#000000;border-color:#b22222;\">\n\t\t<p style=\"margin-bottom: 3px;\">\u4e00\u822c\u7684\u306b\u3001\u4e00\u5b9a\u671f\u9593\u7d99\u7d9a\u3059\u308b\u5951\u7d04\u3067\u4ed8\u3055\u308c\u3066\u3044\u308b\u5834\u5408\u304c\u591a\u3044\u3002<\/p>\n<ul>\n<li>\u91d1\u92ad\u6d88\u8cbb\u8cb8\u501f\u5951\u7d04<\/li>\n<li>\u8cc3\u8cb8\u501f\u5951\u7d04<\/li>\n<li>\u30e9\u30a4\u30bb\u30f3\u30b9\u5951\u7d04<\/li>\n<li>\u4ee3\u7406\u5e97\u5951\u7d04<\/li>\n<li>\u30d5\u30e9\u30f3\u30c1\u30e3\u30a4\u30ba\u5951\u7d04\u3000\u306a\u3069<\/li>\n<\/ul>\n<\/div>\n<p>\u306a\u304a\u3001\u4e3b\u8981\u306a\u5951\u7d04\u306b\u304a\u3051\u308b\u8ca1\u52d9\u5236\u9650\u6761\u9805\u3084COC\u6761\u9805\u306e\u5b58\u5426\u30fb\u5185\u5bb9\u306f\u6cd5\u52d9\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u8abf\u67fb\u9805\u76ee\u3067\u3082\u3042\u308b\u305f\u3081\u3001\u4e21\u30c1\u30fc\u30e0\u304c\u5354\u529b\u3057\u3066\u8abf\u67fb\u3092\u5b9f\u65bd\u3059\u308b\u3053\u3068\u304c\u671b\u307e\u3057\u3044\u3002<\/p>\n<div style=\"padding: 10px; border: 2px dotted #4682B4; background-color: #ffffff; border-radius: 10px; margin-bottom: 0px;\">\n<h4 style=\"margin-bottom: 3px;\"><strong>\u3010\u7c89\u98fe\u4e8b\u4f8b\uff12\uff0d\uff11\u3011<\/strong><\/h4>\n<div style=\"margin-bottom:25px;border-bottom-style:double;border-bottom-width:3px;border-color:#4682B4;\"><\/div>\n<p style=\"margin-top: -10px; margin-bottom: 3px;\">\u7b39\u585a\u8208\u696d\u306f\u3001Z\u793e\u3088\u308a\u65b0\u898f\u6295\u8cc7\u3092\u53d7\u3051\u308b\u305f\u3081\u306b\u3001\u4e00\u90e8\u306e\u65e2\u5b58\u306e\u501f\u5165\u91d1\u3092\u6c7a\u7b97\u5831\u544a\u66f8\u306b\u8f09\u305b\u305a\u9664\u5916\u3059\u308b\u3053\u3068\u3067\u3001\u7c3f\u5916\u51e6\u7406\u3057\u3066\u81ea\u5df1\u8cc7\u672c\u3092\u591a\u304f\u898b\u305b\u3001Z\u793e\u3078\u63d0\u51fa\u3057\u305f\u3002Z\u793e\u306f\u3001\u8a73\u7d30\u306a\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u3092\u5b9f\u65bd\u3059\u308b\u3053\u3068\u306a\u304f\u3001\u65b0\u898f\u6295\u8cc7\u3092\u5b9f\u884c\u3057\u3066\u3057\u307e\u3063\u305f\u305f\u3081\u3001\u7c89\u98fe\u6c7a\u7b97\u3092\u898b\u629c\u304f\u3053\u3068\u304c\u3067\u304d\u306a\u304b\u3063\u305f\u3002<\/p>\n<\/div>\n<p style=\"margin-top: 20px;\">\u307e\u305f\u3001\u4e2d\u5c0f\u4f01\u696d\u306e\u5834\u5408\u306e\u591a\u304f\u306f\u3001\u95a2\u4fc2\u4f1a\u793e\u3084\u5f79\u54e1\u306a\u3069\u306e\u95a2\u9023\u5f53\u4e8b\u8005\u304b\u3089\u306e\u501f\u5165\u91d1\u304c\u5b58\u5728\u3059\u308b\u53ef\u80fd\u6027\u304c\u591a\u3044\u304c\u3001\u305d\u306e\u5185\u5bb9\u3092\u628a\u63e1\u3057\u3001\u305d\u306e\u6761\u4ef6\u3092\u4ed6\u306e\u501f\u5165\u91d1\u3068\u6bd4\u8f03\u3059\u308b\u3068\u3068\u3082\u306b\u3001\u305d\u306e\u53d6\u6271\u3044\u3092\u691c\u8a0e\u3059\u308b\u5fc5\u8981\u304c\u3042\u308b\u3002\u307e\u305f\u3001\u53d6\u6271\u3044\u306b\u3064\u304d\u3001\u58f2\u308a\u624b\u3068\u4ea4\u6e09\u304c\u5fc5\u8981\u306a\u5834\u5408\u304c\u3042\u308b\u3002<\/p>\n<p>\u5f79\u54e1\u304b\u3089\u306e\u501f\u5165\u91d1\u306b\u3064\u3044\u3066\u306f\u3001\u5fc5\u305a\u3057\u3082\u501f\u5165\u91d1\u52d8\u5b9a\u306b\u8a08\u4e0a\u3055\u308c\u3066\u3044\u308b\u3068\u306f\u9650\u3089\u305a\u3001\u4eee\u53d7\u91d1\u7b49\u306e\u4eee\u52d8\u5b9a\u3084\u3001\u672a\u6255\u91d1\u30fb\u8cb7\u639b\u91d1\u306a\u3069\u306e\u55b6\u696d\u50b5\u52d9\u79d1\u76ee\u306b\u542b\u307e\u308c\u3066\u3044\u308b\u5834\u5408\u3001\u7c3f\u5916\u51e6\u7406\u3055\u308c\u3066\u3044\u308b\u5834\u5408\u3082\u3042\u308b\u305f\u3081\u3001\u6ce8\u610f\u3092\u8981\u3059\u308b\u3002<\/p>\n<p>\u501f\u5165\u91d1\u306b\u5bfe\u3059\u308b\u62c5\u4fdd\u63d0\u4f9b\u8cc7\u7523\u304c\u5b58\u5728\u3059\u308b\u5834\u5408\u3001\u8cb7\u53ce\u5f8c\u5f53\u8a72\u8cc7\u7523\u306e\u51e6\u5206\u306b\u306f\u5236\u7d04\u304c\u3042\u308b\u305f\u3081\u4e8b\u524d\u306b\u628a\u63e1\u3057\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308b\u3002<\/p>\n<p>\u306a\u304a\u3001\u62c5\u4fdd\u3068\u3057\u3066\u63d0\u4f9b\u3055\u308c\u3066\u3044\u308b\u8cc7\u7523\u3067\u3042\u3063\u3066\u3082\u3001\u62c5\u4fdd\u306e\u6975\u5ea6\u984d\u3092\u4e0a\u56de\u308b\u3088\u3046\u306a\u91cd\u8981\u306a\u542b\u307f\u76ca\u304c\u3042\u308b\u5834\u5408\u3001\u3053\u3046\u3057\u305f\u4f59\u5270\u90e8\u5206\u3092\u9855\u5728\u5316\u3055\u305b\u308b\u305f\u3081\u306b\u8cb7\u53ce\u5f8c\u306b\u58f2\u5374\u3059\u308b\u3001\u3068\u3044\u3046\u9078\u629e\u80a2\u306b\u3064\u3044\u3066\u3082\u3001\u8cb7\u53ce\u5f8c\u306b\u304a\u3051\u308b\u91d1\u878d\u6a5f\u95a2\u3068\u306e\u53d6\u5f15\u7dad\u6301\u306e\u8981\u5426\u3082\u542b\u3081\u3001\u73fe\u5b9f\u7684\u306a\u9078\u629e\u80a2\u3067\u3042\u308b\u304b\u5426\u304b\u691c\u8a0e\u3059\u308b\u5fc5\u8981\u304c\u3042\u308d\u3046\u3002\u307e\u305f\u3001\u4fdd\u8a3c\u306b\u3064\u3044\u3066\u306f\u3001\u8cb7\u53ce\u5f8c\u4fdd\u8a3c\u6599\u306e\u91d1\u984d\u304c\u5909\u66f4\u3055\u308c\u308b\u53ef\u80fd\u6027\u3082\u691c\u8a0e\u3057\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308b\u3002<\/p>\n<p>&nbsp;<\/p>\n<h4 style=\"margin-left: 15px; text-indent: -15px; margin-top: 20px;\"><strong>\u25b7\u73fe\u91d1\u53ca\u3073\u73fe\u91d1\u540c\u7b49\u7269\u306e\u8abf\u67fb<\/strong><\/h4>\n<p>\u9280\u884c\u53e3\u5ea7\u4e00\u89a7\u8868\u3092\u95b2\u89a7\u3057\u3001\u5404\u53e3\u5ea7\u306e\u4f7f\u9014\u3084\u53e3\u5ea7\u958b\u8a2d\u306e\u7d4c\u7def\u3092\u628a\u63e1\u3059\u308b\u3002\u57fa\u6e96\u65e5\u306b\u304a\u3051\u308b\u6b8b\u9ad8\u306b\u3064\u3044\u3066\u306f\u3001\u5b9f\u969b\u306b\u9810\u91d1\u901a\u5e33\u53c8\u306f\u91d1\u878d\u6a5f\u95a2\u767a\u884c\u306e\u6b8b\u9ad8\u8a3c\u660e\u66f8\u3001\u307e\u305f\u5b9f\u969b\u306b\u91d1\u5eab\u306e\u4e2d\u8eab\u3092\u95b2\u89a7\u3057\u3066\u304a\u304f\u3053\u3068\u3092\u304a\u85a6\u3081\u3059\u308b\u3002<\/p>\n<p>\u7279\u306b\u4e0d\u8981\u306a\u53e3\u5ea7\u306e\u6709\u7121\u3092\u628a\u63e1\u3057\u8cb7\u53ce\u5f8c\u306e\u53d6\u6271\u3044\u3092\u691c\u8a0e\u3059\u308b\u3068\u3068\u3082\u306b\u3001\u4ed6\u4eba\u540d\u7fa9\u306e\u9810\u91d1\u53e3\u5ea7\u304c\u5b58\u5728\u3059\u308b\u5834\u5408\u306f\u3001\u305d\u306e\u53e3\u5ea7\u304c\u5bfe\u8c61\u4f1a\u793e\u306b\u6240\u6709\u6a29\u304c\u3042\u308b\u304b\u3092\u8cea\u554f\u3057\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308b\u3002\u307e\u305f\u3001\u62c5\u4fdd\u63d0\u4f9b\u3001\u4f7f\u9014\u5236\u9650\u3001\u5f15\u51fa\u5236\u9650\u306a\u3069\uff08\u62d8\u675f\u6027\u9810\u91d1\uff09\u306e\u3042\u308b\u9810\u91d1\u306e\u6709\u7121\u3092\u628a\u63e1\u3059\u308b\u3002<\/p>\n<p>\u624b\u8a31\u73fe\u91d1\u3084\u5c0f\u5207\u624b\u304c\u5b58\u5728\u3059\u308b\u5834\u5408\u306f\u3001\u6a2a\u9818\u30fb\u7740\u670d\u30ea\u30b9\u30af\u3092\u9451\u307f\u306a\u304c\u3089\u7ba1\u7406\u65b9\u6cd5\u3092\u628a\u63e1\u3059\u308b\u3068\u3068\u3082\u306b\u3001\u6b8b\u9ad8\u306e\u5b9f\u5728\u6027\u3092\u691c\u8a3c\u3059\u308b\u5fc5\u8981\u304c\u3042\u308b\u3002\u307e\u305f\u3001\u671f\u672b\u65e5\u524d\u5f8c\u306b\u304a\u3044\u3066\u3001\u95a2\u4fc2\u4f1a\u793e\u3084\u5f79\u54e1\u306a\u3069\u306e\u95a2\u9023\u5f53\u4e8b\u8005\u3068\u306e\u51fa\u7d0d\u95a2\u9023\u53d6\u5f15\u306b\u7570\u5e38\u306f\u306a\u3044\u304b\u3082\u5ff5\u306e\u305f\u3081\u691c\u8a0e\u3057\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308b\u3002<\/p>\n<p>\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u5206\u6790\u3084\u904b\u8ee2\u8cc7\u672c\u5206\u6790\u3068\u306e\u95a2\u9023\u3067\u3001\u5fc5\u8981\u6700\u4f4e\u73fe\u9810\u91d1\u6b8b\u9ad8\u3084\u7d14\u6709\u5229\u5b50\u8ca0\u50b5\u306e\u5b63\u7bc0\u6027\u3092\u628a\u63e1\u3057\u3001\u8cc7\u91d1\u7e70\u308a\u306e\u903c\u8feb\u72b6\u6cc1\u3092\u5206\u6790\u3059\u308b\u3002<\/p>\n<div style=\"padding: 10px; border: 2px dotted #4682B4; background-color: #ffffff; border-radius: 10px; margin-bottom: 0px;\">\n<h4 style=\"margin-bottom: 3px;\"><strong>\u3010\u7c89\u98fe\u4e8b\u4f8b\uff12\uff0d\uff12\u3011<\/strong><\/h4>\n<div style=\"margin-bottom:25px;border-bottom-style:double;border-bottom-width:3px;border-color:#4682B4;\"><\/div>\n<p style=\"margin-top: -10px; margin-bottom: 15px;\">\u98ef\u7530\u6a4b\u904b\u8f38\u306e\u501f\u5165\u91d1\u306b\u306f\u3001\u4e0b\u8a18\u306e\u3088\u3046\u306a\u8ca1\u52d9\u5236\u9650\u6761\u9805\u304c\u4ed8\u3055\u308c\u3066\u3044\u305f\u3002<\/p>\n<div class=\"box_ box clear\" style=\"font-size: 15px; line-height: 25px; -moz-border-radius: 0px; border-radius: 10px; background-color: #ffffff; color: #000000; border-color: #666699;\">\u30fb\u7d4c\u5e38\u5229\u76ca\u304c\uff12\u671f\u9023\u7d9a\u3057\u3066\u8d64\u5b57\u306b\u306a\u3089\u306a\u3044\u3053\u3068<br \/>\n\u30fb\u7d14\u8cc7\u7523\u304c\u524d\u671f\u6bd475\uff05\u3092\u4e0b\u56de\u3089\u306a\u3044\u3053\u3068<\/div>\n<p style=\"margin-bottom: 3px; margin-top: -10px;\">\u98ef\u7530\u6a4b\u904b\u8f38\u3067\u306f\u3001\u5f53\u8a72\u8ca1\u52d9\u5236\u9650\u6761\u9805\u3078\u306e\u62b5\u89e6\u3092\u907f\u3051\u308b\u7b49\u306e\u76ee\u7684\u3067\u3001\u5275\u696d\u8005\u3067\u3042\u308b\u5143\u4ee3\u8868\u53d6\u7de0\u5f79\u53ca\u3073\u591a\u304f\u306e\u5f79\u8077\u54e1\u306e\u95a2\u4e0e\u306b\u3088\u308a\u3001\u67b6\u7a7a\u58f2\u4e0a\u9ad8\u3092\u8a08\u4e0a\u3057\u3001\u81ea\u793e\u304b\u3089\u652f\u51fa\u3057\u305f\u8cc7\u91d1\u3092\u7528\u3044\u3066\u76f8\u624b\u5148\u304b\u3089\u306e\u5165\u91d1\u304c\u3042\u3063\u305f\u304b\u306e\u3088\u3046\u306b\u507d\u88c5\u7b49\u3092\u3057\u3066\u3001\u7c89\u98fe\u6c7a\u7b97\u3092\u5b9f\u884c\u3057\u3066\u3044\u305f\u3002<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<h4 style=\"margin-left: 15px; text-indent: -15px; margin-top: 20px;\"><strong>\u25b7\u4e3b\u306a\u624b\u7d9a\uff08\u307e\u3068\u3081\uff09<\/strong><\/h4>\n<div class=\"box_ box clear\" style=\"font-size:15px; line-height:25px;-moz-border-radius: 5px; border-radius: 5px;background-color:#FFFFFF;color:#000000;border-color:#b22222;\">\n\t\t<ul>\n<li>\u57fa\u6e96\u65e5\u73fe\u5728\u306e\u6709\u5229\u5b50\u8ca0\u50b5\u306b\u3064\u304d\u3001\u8abf\u9054\u6761\u4ef6\u306e\u6982\u8981\uff08\u8fd4\u6e08\u6761\u4ef6\u30fb\u5229\u7387\u30fb\u62c5\u4fdd\u30fb\u8ca1\u52d9\u5236\u9650\u6761\u9805\u306a\u3069\uff09\u3092\u628a\u63e1\u3057\u3001\u5f71\u97ff\u3092\u5206\u6790\u3059\u308b\u3002\u6709\u5229\u5b50\u8ca0\u50b5\u6b8b\u9ad8\u306e\u628a\u63e1\u306b\u306f\u3001\u91d1\u92ad\u6d88\u8cbb\u8cb8\u501f\u5951\u7d04\u66f8\u3084\u91d1\u878d\u6a5f\u95a2\u767a\u884c\u306e\u6b8b\u9ad8\u8a3c\u660e\u66f8\u306a\u3069\u3092\u5165\u624b\u3059\u308b\u65b9\u304c\u3088\u3044\u3002<\/li>\n<li>\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u53c8\u306f\u8cc7\u91d1\u7e70\u308a\u8868\u3092\u5165\u624b\u3057\u3001\u8cc7\u91d1\u7e70\u308a\u306e\u72b6\u6cc1\u3092\u5206\u6790\u3059\u308b\u3002<\/li>\n<li>\u5fc5\u8981\u6700\u4f4e\u73fe\u9810\u91d1\u6b8b\u9ad8\u3084\u7d14\u6709\u5229\u5b50\u8ca0\u50b5\u306e\u5b63\u7bc0\u6027\u3092\u628a\u63e1\u3057\u3001\u8cc7\u91d1\u7e70\u308a\u306e\u903c\u8feb\u72b6\u6cc1\u3092\u5206\u6790\u3059\u308b\u3002<\/li>\n<li>\u62c5\u4fdd\u5dee\u5165\u9810\u91d1\u7b49\u306e\u62d8\u675f\u6027\u9810\u91d1\u306e\u6709\u7121\u3092\u628a\u63e1\u3059\u308b\u3002<\/li>\n<li>\u77ed\u671f\u6295\u8cc7\u7b49\u3001\u73fe\u9810\u91d1\u540c\u7b49\u7269\u306e\u6709\u7121\u3092\u628a\u63e1\u3059\u308b\u3002<\/li>\n<li>\u30cd\u30c3\u30c8D\/E\u30ec\u30b7\u30aa\u3001\u6709\u5229\u5b50\u8ca0\u50b5EBITDA\u500d\u7387\u306a\u3069\u3092\u540c\u696d\u4ed6\u793e\u3068\u6bd4\u8f03\u306e\u3046\u3048\u5206\u6790\u3092\u3059\u308b\u3002\u3000\u306a\u3069<\/li>\n<\/ul>\n<\/div>\n<p style=\"text-align: right;\">\uff08\u4e86\uff09<\/p>\n<div class=\"box_info box clear\" style=\"font-size:14px; line-height:24px;\">\n\t\t<p>\u3053\u306e\u9023\u8f09\u306e\u516c\u958b\u65e5\u7a0b\u306f\u3001\u4e0b\u8a18\u306e\u9023\u8f09\u76ee\u6b21\u3092\u3054\u89a7\u304f\u3060\u3055\u3044\u3002<\/p>\n<\/div>\n<\/div>\n    <div class=\"decentralization-view mt-4\">\n        <p class=\"text\">\u3053\u306e\u8a18\u4e8b\u5168\u6587\u3092\u3054\u89a7\u3044\u305f\u3060\u304f\u306b\u306f\u3001\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30f3\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u306e\u4f1a\u54e1\u767b\u9332\u304a\u3088\u3073\u30ed\u30b0\u30a4\u30f3\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n        <p class=\"text\">\u3059\u3067\u306b\u4f1a\u54e1\u767b\u9332\u3092\u3055\u308c\u3066\u3044\u308b\u65b9\u306f\u3001\u4e0b\u8a18\u30dc\u30bf\u30f3\u304b\u3089\u30ed\u30b0\u30a4\u30f3\u306e\u3046\u3048\u3001\u3054\u89a7\u304f\u3060\u3055\u3044\u3002<\/p>\n        <div><button class=\"js-click-open-form-login btn-set active\">\u30ed\u30b0\u30a4\u30f3<\/button><\/div>\n        <p class=\"text\">Profession Journal\u306e\u3059\u3079\u3066\u306e\u8a18\u4e8b\u3092\u3054\u89a7\u3044\u305f\u3060\u304f\u306b\u306f\u3001\u300c\u30d7\u30ec\u30df\u30a2\u30e0\u4f1a\u54e1\uff08\u6709\u6599\uff09\u300d\u3078\u306e\u3054\u767b\u9332\u304c\u5fc5\u8981\u3068\u306a\u308a\u307e\u3059\u3002<br>\n        \u306a\u304a\u3001\u300e\u901f\u5831\u89e3\u8aac\u300f\u306b\u3064\u3044\u3066\u306f\u300c\u4e00\u822c\u4f1a\u54e1\uff08\u7121\u6599\uff09\u300d\u3078\u306e\u3054\u767b\u9332\u3067\u3082\u3001\u3054\u89a7\u3044\u305f\u3060\u3051\u307e\u3059\u3002<br>\n        \u203b\u4ed6\u306b\u3082Web\u30bb\u30df\u30ca\u30fc\u53d7\u3051\u653e\u984c\u306e\u30b9\u30fc\u30d1\u30fc\u30d7\u30ec\u30df\u30a2\u30e0\u4f1a\u54e1\u306a\u3069\u304c\u3054\u3056\u3044\u307e\u3059\u3002<\/p>\n        <p class=\"text\">\u4f1a\u54e1\u767b\u9332\u304c\u304a\u6e08\u307f\u3067\u306a\u3044\u65b9\u306f\u3001\u4e0b\u8a18\u4f1a\u54e1\u767b\u9332\u306e\u30dc\u30bf\u30f3\u3088\u308a\u3001\u3054\u767b\u9332\u306e\u304a\u624b\u7d9a\u304d\u3092\u304a\u9858\u3044\u3044\u305f\u3057\u307e\u3059\u3002<\/p>\n        <div><a href=\"\/plan-select\/\" class=\"d-flex mb-0 align-items-center justify-content-center btn-set\">\u4f1a\u54e1\u767b\u9332\u306f\u3053\u3061\u3089<\/a><\/div>\n    <\/div>","protected":false},"excerpt":{"rendered":"<p>\u76f8\u624b\u5148\u5225\u501f\u5165\u6b8b\u9ad8\u306e\u63a8\u79fb\u3092\u628a\u63e1\u3057\u3001\u65e2\u5b58\u306e\u501f\u5165\u308c\u306b\u3064\u3044\u3066\u306f\u7d04\u5b9a\u3069\u304a\u308a\u306e\u8fd4\u6e08\u304c\u884c\u308f\u308c\u3066\u3044\u308b\u304b\u3001\u65b0\u898f\u501f\u5165\u308c\u306b\u3064\u3044\u3066\u306f\u3001\u501f\u5165\u76ee\u7684\u3001\u8cc7\u91d1\u4f7f\u9014\u53ca\u3073\u8af8\u6761\u4ef6\u3092\u628a\u63e1\u3059\u308b\u3068\u3068\u3082\u306b\u3001\u30cd\u30c3\u30c8D\/E\u30ec\u30b7\u30aa\u3001\u6709\u5229\u5b50\u8ca0\u50b5EBITDA\u500d\u7387\u306a\u3069\u3092\u540c\u696d\u4ed6\u793e\u3068\u6bd4\u8f03\u306e\u3046\u3048\u5206\u6790\u3092\u3059\u308b\u3002\u57fa\u6e96\u65e5\u306b\u304a\u3051\u308b\u76f8\u624b\u5148\u5225\u501f\u5165\u91d1\u6b8b\u9ad8\u3092\u628a\u63e1\u3057\u3001\u91d1\u92ad\u6d88\u8cbb\u8cb8\u501f\u5951\u7d04\u66f8\u53c8\u306f\u91d1\u878d\u6a5f\u95a2\u767a\u884c\u306e\u6b8b\u9ad8\u8a3c\u660e\u66f8\u306a\u3069\u306e\u63d0\u4f9b\u3092\u4f9d\u983c\u3057\u3001\u501f\u5165\u6761\u4ef6\u3001\u91d1\u5229\u3001\u62c5\u4fdd\u3084\u4fdd\u8a3c\u306e\u6709\u7121\u3001\u305d\u306e\u4ed6\u7279\u5225\u6761\u9805\u30fb\u5236\u9650\u6761\u9805\u306a\u3069\u3092\u628a\u63e1\u3059\u308b\u3002<\/p>\n","protected":false},"author":10656,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[178,167,182,290],"tags":[515,114],"backnumber":[1945],"series":[857],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-07-03 01:36:30","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category"},"_links":{"self":[{"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/posts\/149678"}],"collection":[{"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/users\/10656"}],"replies":[{"embeddable":true,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/comments?post=149678"}],"version-history":[{"count":0,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/posts\/149678\/revisions"}],"wp:attachment":[{"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/media?parent=149678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/categories?post=149678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/tags?post=149678"},{"taxonomy":"backnumber","embeddable":true,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/backnumber?post=149678"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/profession-net.com\/professionjournal\/wp-json\/wp\/v2\/series?post=149678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}