æ°èæ¥çã¯çŸåšã賌èªè æ°ã®æžå°ãšåºååå ¥ã®äœè¿·ã«ããå³ããçµå¶ç°å¢ã«çŽé¢ããŠããŸããããžã¿ã«åã®æ³¢ãšãªã³ã©ã€ã³ã¡ãã£ã¢ãšã®ç«¶äºãæ¿åããäžãåŸæ¥ã®äºæ¥ã¢ãã«ããã®è±åŽãæ¥åãšãªã£ãŠããŸããããããç¶æ³äžãæ°è瀟ã¯çãæ®ãããããŠå€è§åæŠç¥ã«ä¹ãåºããŠããŸããããžã¿ã«ã³ã³ãã³ãäºæ¥ã®åŒ·åãã€ãã³ããæè²ãªã©éã¡ãã£ã¢é åãžã®é²åºãM&Aãäºæ¥ææºã«ããæ°ããªåçæºã®ç¢ºä¿ãªã©ãæ§ã ãªåãçµã¿ãé²ããããŠããŸããæ¬èšäºã§ã¯ãæ°èæ¥çãçŽé¢ãã課é¡ãšãå瀟ãæšé²ããå€è§åæŠç¥ã®å ·äœçãªäºäŸã詳ãã解説ããŸãããŸããå è¡ããæµ·å€ã¡ãã£ã¢ã®ååãèžãŸãã€ã€ãå€é©æã«ããæ°èæ¥çã®ä»åŸã®å±æã«ã€ããŠã倧èã«äºæ³ããŸãã
æ°èæ¥çã®çŸç¶ãšèª²é¡
æ°èæ¥çã¯ãé·å¹Žã«ããã£ãŠç€ŸäŒã«æ å ±ãæäŸããäžè«åœ¢æã«å€§ããªåœ±é¿åãæã£ãŠããŸãããããããè¿å¹Žãæ°èæ¥çã¯å€§ããªèª²é¡ã«çŽé¢ããŠããŸãã賌èªè æ°ã®æžå°ãšåºååå ¥ã®äœè¿·ã«ãããçµå¶åºç€ã匱äœåããŠãããäºæ¥ã¢ãã«ã®è»¢æãæ¥åãšãªã£ãŠããŸããããã«ãããžã¿ã«åã®æ³¢ãšãªã³ã©ã€ã³ã¡ãã£ã¢ãšã®ç«¶äºãæ¿åããŠãããæ°è瀟ã¯çãæ®ãããããæŠç¥ã暡玢ããŠããŸãã
æ°è賌èªè æ°ã®æžå°ãšåºååå ¥ã®äœè¿·
æ°è賌èªè æ°ã¯å¹Žã æžå°åŸåã«ãããŸããç¹ã«ãè¥å¹Žå±€ãäžå¿ã«æ°èé¢ããé²ãã§ãããã¹ããŒããã©ã³ãã¿ãã¬ãããªã©ã®ããžã¿ã«ããã€ã¹ã§æ å ±ãåŸã人ãå¢ããŠããŸãããŸããç¡æã§æ å ±ãåŸããããªã³ã©ã€ã³ã¡ãã£ã¢ã®å°é ã«ãããæ°èã®äŸ¡å€ãçžå¯Ÿçã«äœäžããŠããŸãã
賌èªè æ°ã®æžå°ã«äŒŽããåºååå ¥ãå€§å¹ ã«æžå°ããŠããŸããæ°èåºåã¯ãé·å¹Žã«ããã£ãŠäŒæ¥ã®éèŠãªåºååªäœãšããŠæ©èœããŠããŸããããã€ã³ã¿ãŒãããåºåã®å°é ã«ããããã®å°äœãè ããããŠããŸããåºåäž»ã¯ãããå¹æçã§ã¿ãŒã²ãã£ã³ã°ãå¯èœãªãªã³ã©ã€ã³åºåã«ã·ããããŠãããæ°è瀟ã¯åºååå ¥ã®ç¢ºä¿ã«èŠæŠããŠããŸãã
ããžã¿ã«åã®æ³¢ãšãªã³ã©ã€ã³ã¡ãã£ã¢ãšã®ç«¶äº
ããžã¿ã«åã®æ³¢ã¯ãæ°èæ¥çã«ã倧ããªåœ±é¿ãäžããŠããŸãããªã³ã©ã€ã³ã¡ãã£ã¢ã¯ãå³ææ§ãåæ¹åæ§ããã«ãã¡ãã£ã¢æ§ãªã©ã®ç¹åŸŽãæã¡ããŠãŒã¶ãŒã®ããŒãºã«æè»ã«å¯Ÿå¿ã§ããŸããäžæ¹ãçŽåªäœã®æ°èã¯ãæ å ±ã®æŽæ°ã«æéãããããã€ã³ã¿ã©ã¯ãã£ãæ§ã«ä¹ãããšãã匱ç¹ããããŸãã
ãŸãããªã³ã©ã€ã³ã¡ãã£ã¢ã¯ãèšäºã®æ¡æ£åãé«ãããœãŒã·ã£ã«ã¡ãã£ã¢ãšã®é£æºã«ãããå€ãã®ãŠãŒã¶ãŒã«ãªãŒãã§ããŸããæ°è瀟ã¯ããªã³ã©ã€ã³ã¡ãã£ã¢ãšã®å·®å¥åãå³ããç¬èªã®äŸ¡å€ãæäŸããŠããå¿ èŠããããŸããããžã¿ã«çã®å å®åãåç»ã³ã³ãã³ãã®æ¡å ããœãŒã·ã£ã«ã¡ãã£ã¢ãšã®é£æºãªã©ãããŸããŸãªåãçµã¿ãæ±ããããŠããŸãã
çµå¶åºç€ã®åŒ±äœåãšäºæ¥ã¢ãã«ã®è»¢æã®å¿ èŠæ§
æ°è瀟ã®çµå¶åºç€ã¯ã賌èªè æ°ã®æžå°ãšåºååå ¥ã®äœè¿·ã«ããã倧ããæºããã§ããŸããåºå®è²»ãé«ãæ°è瀟ã«ãšã£ãŠãåå ¥ã®æžå°ã¯æ·±å»ãªåé¡ã§ããã³ã¹ãåæžã人å¡åæžãªã©ãããŸããŸãªåçåçãè¬ããŠããŸããããæ ¹æ¬çãªè§£æ±ºã«ã¯è³ã£ãŠããŸããã
æ°è瀟ã¯ãåŸæ¥ã®äºæ¥ã¢ãã«ããè±åŽããæ°ããªåçæºã確ä¿ããŠããå¿ èŠããããŸããããžã¿ã«çã®ææåãã€ãã³ãäºæ¥ã®å±éãé»åæžç±ã®è²©å£²ãªã©ãå€è§åæŠç¥ãæ±ããããŠããŸãããŸãããªã³ã©ã€ã³ã¡ãã£ã¢ãšã®åæ¥ããä»æ¥çš®ãšã®é£æºãªã©ãèŠéã«å ¥ããå¿ èŠããããŸãã
æ°è瀟ã¯ããžã£ãŒããªãºã ã®äŸ¡å€ãå®ãã€ã€ãæ代ã«é©å¿ããäºæ¥ã¢ãã«ãæ§ç¯ããŠãããªããã°ãªããŸããã質ã®é«ãæ å ±ãæäŸããèªè ã®ä¿¡é Œãç²åŸããããšããæ°è瀟ã®ååšæ矩ã§ãããçãæ®ãã®éµãšãªãã§ããããæ°èæ¥çã¯ã倧ããªè»¢ææãè¿ããŠããŸããããã®å ã«ã¯ãæ°ããªå¯èœæ§ãåºãã£ãŠããŸãã
æ°è瀟ãåãçµãå€è§åæŠç¥
æ°è瀟ã¯ãåŸæ¥ã®äºæ¥ã¢ãã«ããè±åŽããæ°ããªåçæºã確ä¿ããããã«ãããŸããŸãªå€è§åæŠç¥ã«åãçµãã§ããŸããããžã¿ã«ã³ã³ãã³ãäºæ¥ãžã®é²åºãã€ãã³ãã»æè²äºæ¥ãªã©ã®éã¡ãã£ã¢é åãžã®å±éãæ°ããªåçæºã®ç¢ºä¿ã«åããM&Aãäºæ¥ææºãªã©ãå€å²ã«ãããåãçµã¿ãè¡ãããŠããŸãããããã®å€è§åæŠç¥ã¯ãæ°è瀟ã®çãæ®ãããããéèŠãªæœçã§ãããä»åŸã®æ°èæ¥çã®è¡æ¹ãå·Šå³ããéµãšãªãã§ãããã
ããžã¿ã«ã³ã³ãã³ãäºæ¥ãžã®é²åº
æ°è瀟ã¯ãçŽåªäœã®æ°èã ãã§ãªããããžã¿ã«çã®å å®åã«ãåãå ¥ããŠããŸããã¹ããŒããã©ã³ãã¿ãã¬ããã«æé©åãããã䜿ããããã¢ããªã®éçºãããŠã§ããµã€ãã®ãªãã¥ãŒã¢ã«ãªã©ãéããŠãããžã¿ã«ã³ã³ãã³ãã®åŒ·åãå³ã£ãŠããŸãããŸããåç»ã³ã³ãã³ãã®æ¡å ã«ã泚åããŠããããã¥ãŒã¹åç»ã解説åç»ãªã©ãå€æ§ãªã³ã³ãã³ããæäŸããŠããŸãã
ããžã¿ã«ã³ã³ãã³ãäºæ¥ã¯ãæ°ããªåçæºãšããŠãæåŸ ãããŠããŸããããžã¿ã«çã®ææåãããªã³ã©ã€ã³åºåã®æ¡å€§ãªã©ãããžã¿ã«é åã§ã®åçåã«åãçµãã§ããŸãããŸããããŒã¿åæã掻çšããã¿ãŒã²ãã£ã³ã°åºåãããã€ãã£ãåºåãªã©ãæ°ããªåºåææ³ã®å°å ¥ã«ãåãå ¥ããŠããŸãã
ããã«ãæ°è瀟ã¯ãããžã¿ã«ã³ã³ãã³ãã掻çšããæ°ããªãµãŒãã¹ã®å±éã«ãä¹ãåºããŠããŸããã¢ãŒã«ã€ãèšäºã®è²©å£²ããé»åæžç±ã®åºçãªã©ãã³ã³ãã³ãã®äºæ¬¡å©çšã«ãç©æ¥µçã§ãããŸããAIã掻çšããèšäºã®èªåçæããããŒãœãã©ã€ãºããããã¥ãŒã¹é ä¿¡ãªã©ãæè¡ã掻çšããæ°ããªãµãŒãã¹ã«ã泚ç®ãéãŸã£ãŠããŸãã
ã€ãã³ãã»æè²äºæ¥ãªã©ã®éã¡ãã£ã¢é åãžã®å±é
æ°è瀟ã¯ãæ¬æ¥ã§ãããžã£ãŒããªãºã ã®é åãè¶ ããŠãã€ãã³ãäºæ¥ãæè²äºæ¥ãªã©ãéã¡ãã£ã¢é åãžã®å±éã«ãåãå ¥ããŠããŸããè¬æŒäŒãã»ãããŒãå±ç€ºäŒãªã©ãããŸããŸãªã€ãã³ããäŒç»ã»éå¶ããèªè ãšã®äº€æµãæ·±ãããšãšãã«ãæ°ããªåçæºã®ç¢ºä¿ãç®æããŠããŸãããŸãããªã³ã©ã€ã³ã€ãã³ãã®éå¬ã«ãç©æ¥µçã§ãããå€ãã®äººã ã«åå ããŠãããããã工倫ãåãããŠããŸãã
æè²äºæ¥ã§ã¯ããžã£ãŒããªãºã ã¹ã¯ãŒã«ã®éå¶ããã¡ãã£ã¢ãªãã©ã·ãŒæè²ãªã©ã次äžä»£ãæ ã人æã®è²æã«åã泚ãã§ããŸãããŸããäŒæ¥åãã®ç ä¿®ããã°ã©ã ã®æäŸãã倧åŠãšã®é£æºãªã©ãæè²åéã§ã®æ°ããªåãçµã¿ãè¡ãããŠããŸãã
ããã«ãæ°è瀟ã¯ãå°å掻æ§åã®åãçµã¿ã«ãç©æ¥µçã«é¢äžããŠããŸããå°åã®ã€ãã³ããç¥ãã®éå¶æ¯æŽãå°åãã©ã³ãã®çºä¿¡ãªã©ãå°åã«æ ¹ããã掻åãéããŠãæ°è瀟ã®ååšæ矩ãé«ããŠããŸãããŸããå°åã®äŒæ¥ãšã®ã³ã©ãã¬ãŒã·ã§ã³ããèªæ²»äœãšã®é£æºãªã©ãé²ããŠãããå°å瀟äŒãšã®ã€ãªãããæ·±ããŠããŸãã
æ°ããªåçæºã®ç¢ºä¿ã«åãã M&A ãäºæ¥ææº
æ°è瀟ã¯ãæ°ããªåçæºã®ç¢ºä¿ã«åããŠãM&Aãäºæ¥ææºã«ãç©æ¥µçã«åãçµãã§ããŸããä»ã®æ°è瀟ãšã®çµå¶çµ±åããç°æ¥çš®äŒæ¥ãšã®è³æ¬ææºãªã©ãããŸããŸãªåœ¢æ ã® M&A ãè¡ãããŠããŸããããã«ãããã³ã¹ãã®åæžããäºæ¥ã·ããžãŒã®åµåºãæåŸ ãããŠããŸãã
ãŸããæ°è瀟ã¯ãä»ç€Ÿãšã®äºæ¥ææºã«ãåãå ¥ããŠããŸãããªã³ã©ã€ã³ã¡ãã£ã¢ãšã®åæ¥ããITäŒæ¥ãšã®ã¿ãã°ãªã©ãç°æ¥çš®ãšã®ã³ã©ãã¬ãŒã·ã§ã³ãéããŠãæ°ããªãµãŒãã¹ã®éçºããæè¡ã®å°å ¥ãé²ããŠããŸããããã«ãæµ·å€ã®æ°è瀟ãšã®ææºã«ãããã°ããŒãã«ãªèŠç¹ã§ã®ãã¥ãŒã¹é ä¿¡ããã³ã³ãã³ãã®å ±æãªã©ãè¡ãããŠããŸãã
M&Aãäºæ¥ææºã¯ãæ°è瀟ã®äºæ¥ããŒããã©ãªãªã®å€æ§åã«ãå¯äžããŠããŸããæ°ããªäºæ¥é åãžã®é²åºããæ¢åäºæ¥ã®åŒ·åãªã©ãæŠç¥çãªæè³ãéããŠãæ°è瀟ã®åçåºç€ã®å®å®åãå³ã£ãŠããŸãããŸããããŒãããŒäŒæ¥ãšã®é£æºã«ãããæ°è瀟åç¬ã§ã¯å®çŸãé£ããã£ãäºæ¥ã«ãææŠã§ããããã«ãªã£ãŠããŸãã
æ°è瀟ãåãçµãå€è§åæŠç¥ã¯ãããžã¿ã«åã®æ³¢ã«å¯Ÿå¿ããæ°ããªåçæºã確ä¿ããããã®éèŠãªæœçã§ããããžã¿ã«ã³ã³ãã³ãäºæ¥ã®åŒ·åãéã¡ãã£ã¢é åãžã®å±éãM&Aãäºæ¥ææºãªã©ãããŸããŸãªåãçµã¿ãéããŠãæ°è瀟ã¯çãæ®ãããããå€é©ãé²ããŠããŸããä»åŸããããã®å€è§åæŠç¥ãã©ã®ãããªææãäžããã®ãã泚ç®ãéãŸã£ãŠããŸããæ°èæ¥çã®æªæ¥ã¯ãããããåãçµã¿ã®æåŠã«ããã£ãŠãããšèšããã§ãããã
å€è§åæŠç¥ã®æåäºäŸãšä»åŸã®å±æ
æ°èæ¥çã¯ãããžã¿ã«åã®æ³¢ãšå³ããçµå¶ç°å¢ã®äžã§ãçãæ®ãããããå€é©ã«åãçµãã§ããŸãããã®äžã§ããå€è§åæŠç¥ã¯éèŠãªåœ¹å²ãæãããŠãããå瀟ãç¬èªã®åãçµã¿ãé²ããŠããŸããããã§ã¯ãå è¡ããæµ·å€ã¡ãã£ã¢ã®äºäŸã«åŠã³ãªãããåœå ã®æ°è瀟ã®å€è§åæŠç¥ã®æåäºäŸã玹ä»ãããšãšãã«ãä»åŸã®å±æã«ã€ããŠèå¯ããŸãã
å è¡ããæµ·å€ã¡ãã£ã¢ã®å€è§åæŠç¥ã«åŠã¶
æµ·å€ã®æ°è瀟ã¯ãæ©ãããããžã¿ã«åãžã®å¯Ÿå¿ãšå€è§åæŠç¥ã«åãçµãã§ããŸããã代衚çãªäŸããç±³åœã®ããã¥ãŒãšãŒã¯ã»ã¿ã€ã ãºãã§ããå瀟ã¯ãããžã¿ã«ææäŒå¡ã®æ¡å€§ã«æ³šåãã2020幎ã«ã¯600äžäººè¶ ã®ææäŒå¡ãç²åŸããŸããããŸããããããã£ã¹ãããã¥ãŒã¹ã¬ã¿ãŒãªã©ã®ããžã¿ã«ã³ã³ãã³ãã®å å®ã«ãåãå ¥ããŠããŸãã
è±åœã®ãã¬ãŒãã£ã¢ã³ãã¯ãå¯ä»ã¢ãã«ãå°å ¥ããèªè ããã®æ¯æŽãåãããšã§ãå®å®çãªåçåºç€ã確ä¿ããŠããŸãããŸããã€ãã³ãããªã³ã©ã€ã³ã³ãŒã¹ãªã©ã®éã¡ãã£ã¢äºæ¥ã«ãé²åºããåçã®å€æ§åãå³ã£ãŠããŸãã
ãããã®æµ·å€ã¡ãã£ã¢ã®äºäŸãããããžã¿ã«é åã§ã®ææäŒå¡ã®ç²åŸãç¬èªã®ã³ã³ãã³ãã®æäŸãéã¡ãã£ã¢äºæ¥ãžã®é²åºãªã©ãå€è§åæŠç¥ã®éèŠæ§ãæµ®ã圫ãã«ãªã£ãŠããŸããåœå ã®æ°è瀟ãããããã®å è¡äºäŸã«åŠã³ãªãããèªç€Ÿã®åŒ·ã¿ãçãããå€è§åæŠç¥ãæšé²ããŠããå¿ èŠãããã§ãããã
å€è§åã«ããã·ããžãŒå¹æãšæ°èãã©ã³ãã®æŽ»çš
åœå ã®æ°è瀟ã®äžã«ã¯ãå€è§åæŠç¥ã«ãã£ãŠææãäžããŠããäŸããããŸããäŸãã°ããæ¥æ¬çµæžæ°èãã¯ãé»åçã®ææäŒå¡æ°ã60äžäººãè¶ ããããžã¿ã«äºæ¥ã倧ããªåçæºãšãªã£ãŠããŸãããŸããã€ãã³ãäºæ¥ãæè²äºæ¥ã«ãåãå ¥ããããžãã¹ããŒãœã³ã察象ãšããã»ãããŒãè¬åº§ãæ°å€ãéå¬ããŠããŸãã
ãææ¥æ°èãã¯ãããžã¿ã«çã®åŒ·åã«å ããæžç±åºçäºæ¥ã«ã泚åããŠããŸããæ°èèšäºãæžç±åããã ãã§ãªãããªãªãžãã«ã®æžç±äŒç»ã«ãåãçµã¿ãæ°ããªèªè å±€ã®éæãç®æããŠããŸãããŸãããææ¥æ°èåºçãã®ãã©ã³ãã掻çšããéèªãæžç±ã®è²©å£²ã«ãåãå ¥ããŠããŸãã
ãããã®äºäŸããèŠããŠããã®ã¯ãå€è§åæŠç¥ã«ããã·ããžãŒå¹æãšãæ°èãã©ã³ãã®æŽ»çšã®éèŠæ§ã§ããããžã¿ã«äºæ¥ãšéã¡ãã£ã¢äºæ¥ãçµã¿åãããããšã§ãäºãã®åŒ·ã¿ãçãããçžä¹å¹æãçã¿åºãããšãã§ããŸãããŸããé·å¹Žå¹ã£ãŠããæ°èãã©ã³ãã掻çšããããšã§ãæ°ããªäºæ¥é åã«ãããŠãä¿¡é Œæ§ãå°éæ§ãã¢ããŒã«ã§ããŸãã
å€é©æã®æ°èæ¥çãç®æãã¹ãæ¹åæ§
å€é©æãè¿ããŠããæ°èæ¥çã«ãããŠãå€è§åæŠç¥ã¯ããã«éèŠæ§ãå¢ããŠããã§ããããããžã¿ã«äºæ¥ã®åŒ·åã¯åŒãç¶ãäžå¯æ¬ ã§ãããããã ãã§ã¯ååãšã¯èšããŸãããAIãããã°ããŒã¿ãªã©ã®æ°æè¡ã掻çšããããŒãœãã©ã€ãºããããã¥ãŒã¹é ä¿¡ããæ°ããªãµãŒãã¹ã®éçºã«ãåãçµãå¿ èŠããããŸãã
ãŸããéã¡ãã£ã¢äºæ¥ã®æ¡å€§ãæ¬ ãããŸãããã€ãã³ããæè²äºæ¥ã ãã§ãªããECäºæ¥ãã³ã³ãµã«ãã£ã³ã°äºæ¥ãªã©ãå¹ åºãé åãžã®é²åºãæ±ããããŸããæ°è瀟ãæã€ä¿¡é Œæ§ããã©ã³ãåã掻ããã€ã€ãä»æ¥çš®ãšã®ã³ã©ãã¬ãŒã·ã§ã³ã«ãç©æ¥µçã«åãçµãã¹ãã§ãããã
ããã«ãã°ããŒãã«å±éãèŠéã«å ¥ããå¿ èŠããããŸããæµ·å€ã¡ãã£ã¢ãšã®ææºããçŸå°æ³äººã®èšç«ãªã©ãåœå¢ãè¶ããäºæ¥å±éã«ææŠããããšã§ãæ°ããªæé·ã®æ©äŒãæŽãããšãã§ãããããããŸããã
å€é©æã®æ°èæ¥çãç®æãã¹ãæ¹åæ§ã¯ãæ¢åã®äºæ¥ã¢ãã«ã«æãããªãæè»ãªçºæ³ãšãææ¢ãªææŠã®å§¿å¢ã«ãããšèšããã§ããããããžã¿ã«åã®æ³¢ãä¹ãããªãã€ã€ãæ°èãªãã§ã¯ã®äŸ¡å€ãæäŸãç¶ããããšã§ãæ°èæ¥çã¯æ°ããªæ代ãåãæããŠããããšãã§ããã¯ãã§ããå€è§åæŠç¥ã¯ããã®å®çŸã«åããéèŠãªéµãšãªãã§ãããã
å€è§åæŠç¥ã®äŸ | å ·äœçãªåãçµã¿ |
---|---|
ããžã¿ã«äºæ¥ã®åŒ·å |
|
éã¡ãã£ã¢äºæ¥ãžã®é²åº |
|
æ°èãã©ã³ãã®æŽ»çš |
|
ã°ããŒãã«å±é |
|
æ°èæ¥çã®å€è§åæŠç¥ã¯ããŸã éåã°ãšèšããŸããå瀟ãè©Šè¡é¯èª€ãéããªãããæ°ããªäºæ¥ã¢ãã«ã®ç¢ºç«ãç®æããŠããŸããä»åŸãã©ã®ãããªåãçµã¿ãåãå¥ããã®ãã泚ç®ãéãŸã£ãŠããŸããå€é©æãä¹ãè¶ããæ°ããªæ代ãåãæãæ°èæ¥çã®å§¿ã«æåŸ ããããã®ã§ãã
ãŸãšã
æ°èæ¥çã¯ãããžã¿ã«åãšãªã³ã©ã€ã³ã¡ãã£ã¢ã®å°é ã«ãããå³ããçµå¶ç°å¢ã«çŽé¢ããŠããŸããçãæ®ãããããŠå瀟ãåãçµãå€è§åæŠç¥ã§ã¯ãããžã¿ã«ã³ã³ãã³ãäºæ¥ã®åŒ·åãã€ãã³ããæè²ãªã©éã¡ãã£ã¢é åãžã®é²åºãM&Aãäºæ¥ææºã«ããæ°åçæºã®ç¢ºä¿ãªã©ãé²ããããŠããŸããæµ·å€ã¡ãã£ã¢ã®æåäºäŸã«åŠã³ã€ã€ãæ°èãã©ã³ãã掻ãããã·ããžãŒå¹æã®åµåºãéèŠã§ããå€é©æã®æ°èæ¥çãç®æãã¹ãã¯ãæ°æè¡ã®æŽ»çšãéã¡ãã£ã¢äºæ¥ã®æ¡å€§ãã°ããŒãã«å±éãªã©ãæè»ãªçºæ³ãšææ¢ãªææŠã®å§¿å¢ã§ãã質ã®é«ãæ å ±æäŸãšãšãã«ãæ代ã«é©å¿ããæ°ããªäºæ¥ã¢ãã«ã®ç¢ºç«ãæ±ããããŠããŸãã