Blackstar S1-100, Owner'S Manual

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UK

⼊๔㧍

቟ోߦ૶↪޿ߚߛߊߚ߼ߩ㊀ⷐߥ߅⍮ࠄߖޕ

⸥タߩᵈᗧ੐㗄ࠍචಽߦℂ⸃޿ߚߛߊߣߣ߽ߦޔ዁᧪ߦ߅޿ߡ߽ޔᧄขᛒ⺑᣿ߩᦠߩ଻▤ޔ߅ࠃ߮
ᵈᗧ੐㗄ߩ෩቞ࠍ߅ߎߥࠊߥߌࠇ߫ߥࠅ߹ߖࠎޕ

ෂ㒾㧍ޓ⵾ຠౝㇱߦߪ㜞㔚࿶ㇱ߇ሽ࿷ߒ߹ߔ

⵾ຠᄖⵝࠤ࡯ࠬࠍ޽ߌߥ޿ߢߊߛߐ޿ޕޓ࡙࡯ࠩ࡯ߦࠃࠆ੤឵߇⸵ߐࠇߡ޿ࠆㇱຠߪሽ࿷ߒߡ޿߹
ߖࠎޕޓߔߴߡߩୃℂޔ߅ࠃ߮ࠕࡈ࠲࡯ࠨ࡯ࡆࠬߪޔᱜⷙߩࠨ࡯ࡆࠬࡑࡦߦࠃߞߡ߅ߎߥࠊࠇ
ߥߌࠇ߫ߥࠅ߹ߖࠎޕ

ਇᱜߥᡷㅧߪޔ

BLACKSTAR AMPLIFICATION 

␠ߦࠃߞߡ᣿⏕ߦ⑌ᱛߐࠇߡ޿߹ߔޕ

⵾ຠ਄ㇱࠤ࡯ࠬߩ᡼ᾲⓣ㧔ࠬ࡝࠶࠻㧕߆ࠄޔ޿߆ߥࠆ‛߽⵾ຠౝㇱ߳౉ࠇߡߪߥࠅ߹ߖࠎޕ

㔎߿ޔ޿߆ߥࠆᶧ૕ޔ߹ߚߪ᳓ಽ㧔㜞Ḩᐲ㧕ߦߐࠄߐࠇߚ⁁ᴫߢߩ૶↪ࠍ⑌ᱛ޿ߚߒ߹ߔ

BLACKSTAR

␠ߦᛚ⹺ߐࠇߚ㧭㧯ࠕ࠳ࡉ࠲࡯㧔㔚Ḯࠕ࠳ࡊ࠲࡯㧕ߩߺࠍ૶↪ߒߡߊߛߐ޿ޕ

߹ߚޔ૶↪ߒߥ޿ߣ߈ߪޔᔅߕ㔚Ḯࠦࡦ࠮ࡦ࠻߆ࠄ㧭㧯ࠕ࠳ࡉ࠲࡯ࠍᛮ޿ߡ߅޿ߡߊߛߐ޿ޕ

ߪߓ߼ߦ

$.#%-56#45GTKGU1PGࠕࡦࡊ࡝ࡈࠔࠗࠕࠍ߅⾈޿਄ߍ޿ߚߛ߈ޔ⺈ߦ޽ࠅ߇ߣ߁ߏߑ޿߹ߔޕ

ߎߩ⵾ຠߪޔઁߩᒰ␠ߩ⵾ຠห᭽ޔᚒޘߩ਎⇇⊛ߦ߽࠻࠶ࡊ࡟ࡌ࡞ߩ⸳⸘࠴࡯ࡓߦࠃࠅޔ㐳ᦼ㑆ߦ
ࠊߚࠆᔀᐩߒߚ⎇ⓥޔ⺞ᩏࠍరߦ⸳⸘ߒߡ޽ࠅ߹ߔޕ

⧷࿖ࡁ࡯ࠩࡦࡊ࠻ࡦࠍ᜚ὐߣߔࠆޔࡉ࡜࠶ࠢࠬ࠲࡯␠ߪోຬ߇ࡒࡘ࡯ࠫࠪࡖࡦߣߒߡߩ⚻㛎߇޽ࠅ
ޔࠡ࠲࡝ࠬ࠻ߩࡌࠬ࠻ࡄࡈࠜ࡯ࡑࡦࠬࠍታ⃻ߔࠆߚ߼ߩޟⓥᭂߩࠡ࠲࡯࠷࡯࡞ޠࠍឭଏߔࠆߎߣࠍ
໑৻ߩ⋡⊛ߣߒߡ޿߹ߔޕ

ోߡߩࡉ࡜࠶ࠢࠬ࠲࡯⵾ຠߪޔຠ⾰ޔߣࠅࠊߌࠨ࠙ࡦ࠼ࠢࠝ࡝࠹ࠖߦ߅޿ߡᅷදߖߕޔᄙߊߩᬌᩏ
ᯏ㑐ߢߩ⹜㛎ޔ߅ࠃ߮ࡠ࡯࠼࠹ࠬ࠻㧔ታᣉ࠹ࠬ࠻㧕ࠍⴕߞߡ޿߹ߔޕ

5GTKGU1PG5ߪ㜞޿ᨵエᕈࠍᜬߟ࠴ࡖࡦࡀ࡞ޔࡕ࡯࠼ߩࠪࠬ࠹ࡓߣ࡙࠾࡯ࠢߥ
&24&[PCOKE2QYGT4GF5(+PHKPKVG5JCRG(GCVWTGࠦࡦ࠻ࡠ࡯࡞ࠍ․ᓽߣߒᐢ▸࿐ߦ
㖸ࠍࠦࡦ࠻ࡠ࡯࡞ߢ߈ޔߒ߆߽ࠪࡦࡊ࡞ߦ⋥ᗵ⊛ߦᠲ૞ߢ߈ࠆࠃ߁ߦߥߞߡ޿߹ߔޕࡉ࡜࠶ࠢࠬ࠲
࡯⵾ຠࠍᦨᄢ㒢ߦ೑↪ߒߡ޿ߚߛߊߚ߼ߦޔߎߩࡂࡦ࠼ࡉ࠶ࠢࠍᵈᗧᷓߊ߅⺒ߺߊߛߐ޿ޕ

ߐࠄߦ$.#%-56#4⵾ຠߦ㑐ߒߡ⥝๧߇޽ࠆ႐วߪޔࠗࡦ࠲࡯ࡀ࠶࠻ߩࠨࠗ࠻ࠍߏⷩߊߛߐ޿ޕޓ74.
YYYDNCEMUVCTCORUEQO

ࡉ࡜࠶ࠢࠬ࠲࡯࡮࠴࡯ࡓࠃࠅ

ਥߥ․ᓽ

5ߪࠡ࠲࡯ࠕࡦࡊ࠺ࠩࠗࡦߩ㓸ᄢᚑߣ޿߃ࠆⓥᭂߩ㨣⌀ⓨ▤ࠕࡦࡊࡋ࠶࠼ߢߔޕฦࠦࡦ࠻ࡠ
࡯࡞ߪ㐳ᤨ㑆ߩ࡝ࠬ࠾ࡦࠣࠍⴕ޿ᦨᄢ㒢ߩലᨐ߇಴ࠆࠃ߁ߦ㐿⊒ߒߡ޿߹ߔޕ

5ߩ%NGCP࠴ࡖࡦࡀ࡞ߪ࡙࠾࡯ࠢߥ$TKIJV9CTOࡕ࡯࠼ࠍ஻߃ޔᅷදߩή޿࠺ࠩࠗࡦߣߒߡ޽
ࠅ߹ߔޕฦࡕ࡯࠼ߪࡊ࡝ࠕࡦࡊߩࡏࠗࠪࡦࠣߣࡄࡢ࡯ࠕࡦࡊߩ࠳ࡦࡇࡦࠣࠍᠲ૞ߒޔ$TKIJVࡕ࡯࠼ߢ
ߪ%NCUU#࿁〝ߩࠃ߁ߥ߈ࠄ߼ߊ࠻࡯ࡦߦޔߘߒߡ9CTOࡕ࡯࠼ߢߪ࠴ࡘ࡯ࡉࠕࡦࡊߥࠄߢߪߩࠢ࡜ࡦ
࠴ᗵߩ޽ࠆࠨ࠙ࡦ࠼ߦ⸳ቯߒ߹ߔޕ

5ߩ%TWPEJࡕ࡯࠼ߪࠝ࡯ࡃ࡯࠼࡜ࠗࡉߩ࡟ࡌ࡞ࠍᵈᗧᷓߊ⸳ቯߒߡ޽ࠅ߹ߔޕߜࠂ߁ߤࠢ࡝࡯ࡦ
ߥ㖸߇߭ߕߺᆎ߼ࠆࡐࠗࡦ࠻߆ࠄࡕ࠳ࡦߥ࡝࠭ࡓ࠻࡯ࡦ߹ߢࠢ࡜ࡦ࠴࡟ࡌ࡞ߩࠥࠗࡦ߇ࠞࡃ࡯ߢ߈ࠆ
ߎߣ߇㊀ⷐߛߣ⠨߃߹ߒߚޕ5WRGT%TWPEJࡕ࡯࠼ߪࠥࠗࡦ࡟ࡌ࡞ߣ㖸⦡ߩࠪࠚࠗࡊࠍಾࠅᦧ߃ޔࠨ࠙
ࡦ࠼ߦᦨᄢߩᨵエᕈࠍᜬߚߖߡ޿߹ߔޕ

1XGTFTKXG࠴ࡖࡦࡀ࡞ߪࡂࠗࠥࠗࡦߦ⸳ቯߐࠇߡ޿߹ߔ߇ޔᄙߊߩࠕࡦࡊߦ࠻࠶ࡊࠛࡦ࠼߇ਇ⿷ߒߡ
޿ࠆߎߣ߇ߒ߫ߒ߫⷗ࠄࠇ߹ߔޕߎߩࠕࡦࡊߪ࡙࠾࡯ࠢߥࡊ࡝ࠕࡦࡊߣࡄࡢ࡯ࠕࡦࡊߩᛛⴚߦࠃࠅޔ
ࠡ࠲࡯ߩࡏ࡝ࡘ࡯ࡓࠍ⛉ࠆߣࠝ࡯ࡃ࡯࠼࡜ࠗࡉࠨ࠙ࡦ࠼߇ࠢ࡝࡯ࡦߥ㖸ߦߥࠅ߹ߔޕᭂ┵ߥ࠮࠶࠹ࠖ
ࡦࠣߦߒߡ߽࠽࠴ࡘ࡜࡞ߥࠨ࠙ࡦ࠼ᗵࠍᱷߔߎߣ߇಴᧪ࠆߩߢߔޕ

․⸵↳⺧ਛߩ+5(ࠦࡦ࠻ࡠ࡯࡞ߪࡉ࡜࠶ࠢࠬ࠲࡯⁛⥄ߩࠦࡦ࠻ࡠ࡯࡞ߢޔ࠻࡯ࡦࠪࠚࠗࡊࠍ⥄↱ߦࠦ
ࡦ࠻ࡠ࡯࡞ߔࠆ߽ߩߣߒߡࡔࠫࡖ࡯ߥࠬ࠹࠶ࡊߦߥࠆ߽ߩߢߔޕ+5(ࠦࡦ࠻ࡠ࡯࡞ߪߟߩ࠻࡯ࡦࠦࡦ
࠻ࡠ࡯࡞ߣㅪേߒߡ௛߈ޔࡉ࡝࠹ࠖ࠶ࠪࡘࠨ࠙ࡦ࠼߆ࠄࠕࡔ࡝ࠞࡦࠨ࠙ࡦ࠼߹ߢ⥄↱ߦࠦࡦ࠻ࡠ࡯࡞
ߢ߈߹ߔޕ㊀ⷐߥߩߪ૶߃ࠆ࠻࡯ࡦ߇ߎࠇࠄߩࠨ࠙ࡦ࠼ߩ㑆ߦ߽ή㒢ᄢߦሽ࿷ߔࠆߎߣߥߩߢߔޕ

߽߁߭ߣߟߩࡉ࡜࠶ࠢࠬ࠲࡯ߩ࡙࠾࡯ࠢߥ․⸵↳⺧ਛߩࠦࡦ࠻ࡠ࡯࡞ߣߒߡ&24&[PCOKE2QYGT
4GFWEVKQPࠪࠬ࠹ࡓ߇޽ࠅ߹ߔޕ&24ߪࠕ࠙࠻ࡊ࠶࠻ࠍࡈ࡞ࡄࡢ࡯㧔㨃㧕߆ࠄ㧑㧔9߹ߢߩ㑆
ߢᷫ⴮ߐߖࠆߎߣ߇಴᧪߹ߔޕߎࠇߪ'.ࡄࡢ࡯▤ࠍߤߩࡏ࡝ࡘ࡯ࡓ࡟ࡌ࡞ߦ߅޿ߡ߽ࡈ࡞ߦ૞േߐ
ߖࠆߎߣߦࠃࠅޔ࡟ࠦ࡯࠺ࠖࡦࠣޔዊⷙᮨߩ)+)ޔߘߒߡ⥄ቛߢߩ✵⠌ߦኻߒߡߐ߃߽5߇ℂᗐ
ߩࠕࡦࡊߦߥࠆߩߢߔޕ

5ߩߘߩ߶߆ߩ․ᓽߣߒߡ࠴ࡖࡦࡀ࡞ಾࠅᦧ߃߇/+&+ߢࠦࡦ࠻ࡠ࡯࡞ߢ߈߹ߔޕࡑ࡞࠴ࠛࡈࠚࠢ
࠻ߥߤߩࡏ࡯࠼ߣធวߔࠆߎߣߦࠃߞߡޔ/+&+ߩᣂߒ޿࡟ࡌ࡞ߩࡄࡈࠜ࡯ࡑࡦࠬࠍዷ㐿ߔࠆߎߣ߇ߢ
߈߹ߔޕ

(TQPV2CPGN

+PRWV

ߎߎߦࠡ࠲࡯߆ࠄߩࠤ࡯ࡉ࡞ࠍᝌ౉ߒߡߊߛߐ޿ޕᏱߦ⦟⾰ߩࠤ࡯ࡉ࡞ࠍ૶޿߹ߒࠂ߁ޕ

%NGCP%JCPPGN

$TKIJV%NGCP/QFG+PFKECVQT

$TKIJV%NGCP/QFGࠍㆬᛯߔࠆߣ✛ߩ.'&߇ὐἮߒ߹ߔޕ

$TKIJV%NGCP5GNGEV

$TKIJV%NGCP/QFGࠍㆬᛯߔࠆ႐วޔߎߩࠬࠗ࠶࠴ࠍ᛼ߒߡߊߛߐ޿ޕ

9CTO%NGCP/QFG+PFKECVQT

9CTO%NGCP/QFGࠍㆬᛯߔࠆߣ㤛ߩ.'&߇ὐἮߒ߹ߔޕ

9CTO%NGCP/QFG5GNGEV

9CTO%NGCP/QFGࠍㆬᛯߔࠆ႐วޔߎߩࠬࠗ࠶࠴ࠍ᛼ߒߡߊߛߐ޿ޕ

%NGCP)CKP

%NGCP)CKPߢ%NGCP࠴ࡖࡦࡀ࡞ߩࠝ࡯ࡃ࡯࠼࡜ࠗࡉ߹ߚߪ࠺ࠖࠬ࠻࡯࡚ࠪࡦࠍ⺞▵ߒ߹ߔޕᏀߦ࿁ߒߚૐ
޿࠮࠶࠹ࠖࡦࠣߢࠢ࡝࡯ࡦߥࠨ࠙ࡦ࠼ߢߔޕฝߦ࿁ߔߦᓥߞߡᱡߺߪߓ߼ޔシ޿ࠝ࡯ࡃ࡯࠼࡜ࠗࡉࠨ࠙
ࡦ࠼ߦߥࠅ߹ߔޕ

%NGCP8QNWOG

%NGCP࠴ࡖࡦࡀ࡞ߩࡏ࡝ࡘ࡯ࡓࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕᤨ⸘ᣇะߢᄢ߈ߊߥࠅ߹ߔޕ

$TKIJVߣ9CTO/QFGߪࡊ࡝ࠕࡦࡊߣࡄࡢ࡯ࠕࡦࡊਔᣇߩ࿁〝ࠍࠢ࡜ࠬ㧭ߩ᭽ߥ࠻࡯ࡦ߿ࠢ࡜ࠬ㧭㧮ߩ᭽
ߥ࠻࡯ࡦߦಾࠅᦧ߃ࠇ߹ߔޕ

ߟߩࡕ࡯࠼ߩ․ᓽ

ࡕ࡯࠼

ࡊ࡝ࠕࡦࡊߩࠠࡖ࡜ࠢ࠲࡯

ࡄࡢ࡯ࠕࡦࡊߣ࠳ࡦࡇࡦࠣ

↪ㅜ

$TKIJV%NGCP ࠲ࠗ࠻ߥࡌ࡯ࠬޔ࠴ࡖࠗࡓ

.QYࡠ࡯ߣࡂࠗࠍᒝ⺞

ࠢ࡝࡯ࡦߥ࡝࠭ࡓ

ߩࠃ߁ߥࡒ࠶࠼ߣࡂࠗ

9CTO%NGCP

ប߃߼ߥࡌ࡯ࠬޔࡑࠗ࡞࠼ߥࡂࠗ /GFKWOࠢ࡜ࡦ࠴ᗵߩ޽ࠆ

࠙ࠜ࡯ࡓߥࠢ࡝࡯

࠲ࠗ࠻ߥࡏ࠻ࡓࠛࡦ࠼

ࡦޔࠢ࡜ࡦ࠴ߥ࡝

࠭ࡓ

1XGTFTKXG%JCPPGN

%TWPEJ/QFG+PFKECVQT

%TWPEJ/QFGࠍㆬᛯߔࠆߣࠝ࡟ࡦࠫ⦡ߩ.'&߇ὐἮߒ߹ߔޕ

%TWPEJ/QFG5GNGEV

%TWPEJ/QFGࠍㆬᛯߔࠆ႐วޔߎߩࠬࠗ࠶࠴ࠍ᛼ߒߡߊߛߐ޿ޕ

5WRGT%TWPEJ/QFG+PFKECVQT

5WRGT%TWPEJ/QFGࠍㆬᛯߔࠆߣ⿒⦡ߩ.'&߇ὐἮߒ߹ߔޕ

5WRGT%TWPEJ/QFG5GNGEV

5WRGT%TWPEJ/QFGࠍㆬᛯߔࠆ႐วޔߎߩࠬࠗ࠶࠴ࠍ᛼ߒߡߊߛߐ޿ޕ

1XGTFTKXG)CKP

1XGTFTKXG)CKPࠦࡦ࠻ࡠ࡯࡞ߪ1XGT&TKXG࠴ࡖࡦࡀ࡞ߩࠝ࡯ࡃ࡯࠼࡜ࠗࡉ߿࠺ࠖࠬ࠻࡯࡚ࠪࡦࠍ⺞▵
ߒ߹ߔޕᏀߦ࿁ߔߣࠛ࠶ࠫߩല޿ߚࠢ࡝࡯ࡦߥ㖸ߦߥࠅ߹ߔޕᤨ⸘ᣇะߦ࿁ߔߦᓥߞߡࠨ࠙ࡦ࠼ߪߐ
ࠄߦࠝ࡯ࡃ࡯࠼࡜ࠗࡉߒ৻⇟ฝߦ࿁ߒߚ૏⟎ߢࡈ࡞ߦ࠺ࠖࠬߣ࡯࡚ࠪࡦࠍല߆ߖߚ࠻࡯ࡦߦߥࠅ߹
ߔޕ

1XGTFTKXG8QNWOG

1XGTFTKXG࠴ࡖࡦࡀ࡞ߩࡏ࡝ࡘ࡯ࡓࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕᤨ⸘ᣇะߦ࿁ߔߣᄢ߈ߊߥࠅ߹ߔޕ

'SWCNKUCVKQP

$CUU

ૐၞࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕߎߩࠕࡦࡊߪㅴᱠߒߚ࠻࡯ࡦࠪࠚࠗࡊ࿁〝៞タߦࠃࠅ෻ᤨ⸘ᣇะߢ࠲ࠗ
࠻ߥಾࠇ๧⦟޿ࠨ࠙ࡦ࠼ޔᤨ⸘ᣇะߦ߹ࠊߔߣᥦ߆ߺߩ޽ࠆߤߞߒࠅߣߒߚ࠻࡯ࡦߦߥࠅ߹ߔޕ

/KFFNG

ࡒ࠼࡞࡟ࡦࠫࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕࡒ࠼࡞࡟ࡦࠫߪ․ߦ㖸⦡ࠍ᳿ቯߔࠆ㊀ⷐߥࠦࡦ࠻ࡠ࡯࡞ߢߔޕ
ࠦࡦ࠻ࡠ࡯࡞ࠍᏀ޿ߞ߬޿ߦ࿁ߔߣࠨ࠙ࡦ࠼ߪࠕࠣ࡟࠶ࠪࡉߦߥࠅޔ࡝࠭ࡓࡊ࡟࡯ߦߪᦨㆡߢߔޕࠦ
ࡦ࠻ࡠ࡯࡞ࠍฝߦ࿁ߔߦᓥ޿ࡏ࠺ࠖᗵ߇ᒝ⺞ߐࠇࠨࠬ࠹ࠗࡦߩ޽ࠆ࡝࡯࠼ࠡ࠲࡯ߦߪᦨㆡߩ࠻࡯ࡦߦ
ߥࠅ߹ߔޕ

6TGDNG

㜞ၞࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕ෻ᤨ⸘ᣇะߢ࠙ࠜ࡯ࡓߥࠨ࠙ࡦ࠼ߦߥࠅޔฝߦ࿁ߔߦᓥߞߡ᣿ࠆߐ߇
Ⴧߒߡ޿߈߹ߔޕฝߦ࿁ߒ߈ߞߚ࠮࠶࠹ࠖࡦࠣߢߪࠕࠣ࡟ࠪ࠶ࡉߢಾࠇߩ޽ࠆࠨ࠙ࡦ࠼ߦߥࠅ߹ߔޕ

+5(+PHKPKVG5JCRG(GCVWTG

+5(ߪࡌ࡯ࠬޔࡒ࠼࡞ޔ࠻࡟ࡉ࡞ߣㅪേߒߡ௛߈ޔ⥄ಽ⁛⥄ߩ㖸⦡ࠍㆬ߱

ߎߣ߇಴᧪߹ߔޕᏀߦ࿁ߒ߈ߞߚ૏⟎ߢ࠲ࠗ࠻ߥࡏ࠻ࡓࠛࡦ࠼ߣࠕࠣ࡟

࠶ࠪࡉߥࡒ࠼࡞ߩࡕ࠳ࡦߥࠕࡔ࡝ࠞࡦࠨ࠙ࡦ࠼ޔฝߦ࿁ߒ߈ࠆߣࠃࠅ▫㡆

ࠅᗵߩ޽ࠆࡉ࡝࠹ࠖ࠶ࠪࡘࠨ࠙ࡦ࠼ߦߥࠅ߹ߔޕ

ᓥ᧪ߩࠦࡦ࠷ࠕ࡯߿ࡄ࡜ࡔ࠻࡝࠶ࠢ'3ߣ⇣ߥࠅޔࡌ࡯ࠬޔࡒ࠼࡞ޔ࠻࡟ࡉ

࡞ࠦࡦ࠻ࡠ࡯࡞ߪ࠻࡜࠺࡚ࠖࠪ࠽࡞ߥࠕࡦࡊߩࠃ߁ߦലᨐ⊛ߦ௛߈߹ߔޕ

/CUVGT

4GUQPCPEG

4GUQPCPEGߪૐ㖸ၞో૕ࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕૐ޿࠮࠶࠹ࠖࡦࠣߢߪࠢ࡝࡯ࡦࠨ࠙ࡦ࠼ߪ࠲ࠗ࠻ߢ
ࡈࠔࡦࠠ࡯ߦߥࠅࠝ࡯ࡃ࡯࠼࡜ࠗࡉࠨ࠙ࡦ࠼ߢߪࡌ࡯ࠬ࡟ࠬࡐࡦࠬߦലᨐ߇޽ࠅ߹ߔޕฝߦ࿁ߔ߶
ߤߦࠢ࡝࡯ࡦࠨ࠙ࡦ࠼ߪ࠙ࠜ࡯ࡓߥࠨ࠙ࡦ࠼ߦߥࠅࠢ࡜ࡦ࠴߿ࠝ࡯ࡃ࡯࠼࡜ࠗࡉࠨ࠙ࡦ࠼ߪࠃࠅࡋ
ࡆ࡯ߢ▫㡆ࠅᗵ߇Ⴧߒ߹ߔޕ

2TGUGPEG

2TGUGPEGߪ㜞ၞో૕ࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕࠢ࡝࡯ࡦࠨ࠙ࡦ࠼ߢࡄ࡯ࠞ࠶ࠪࡉߥࡂࠗࠛࡦ࠼ࠍᒝ⺞
ߒޔࠢ࡜ࡦ࠴ࠝ࡯ࡃ࡯࠼࡜ࠗࡉࠨ࠙ࡦ࠼ߢߪࠕࠣ࡟࠶ࠪࡉߥ࠻࡟ࡉ࡞ࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕ

8QNWOG

ࠕࡦࡊ߆ࠄ಴ࠆ㖸㊂ࠍ⺞ᢛߒ߹ߔޕᤨ⸘ᣇะߢᄢ߈ߊߥࠅ߹ߔޕ

&24&[PCOKE2QYGT4GFWEVKQP

&24ࠦࡦ࠻ࡠ࡯࡞ߪ಴ജࠍ9߆ࠄ9߹ߢߩ޿ߕࠇ߆ߩࡐ࡚ࠫࠪࡦ

ߦ࠮࠶࠻ߢ߈߹ߔޕ㖸㊂ߩᢙሼ਄ߩᄌൻ㊂ߣ⡬ᗵ਄ߩᄌൻ㊂ߪߘߩᕈ⾰਄৻⥌ߒ

߹ߖࠎޕ

&24ߪ'.಴ജ▤߳ߩࡏ࡞࠹࡯ࠫଏ⛎ࠍޔߘߒߡࡄࡢ࡯ࠕࡦࡊ߳ߩ࠼࡜ࠗࡉࠪࠣ

࠽࡞ߩ࡟ࡌ࡞ࠍࠦࡦ࠻ࡠ࡯࡞ߔࠆߩߢߔޕ㊀ⷐߥߎߣߪޔ಴ജ▤߿࠻࡜ࡦࠬߣࠬ

ࡇ࡯ࠞ࡯ߩ㑆ߦߪߥߦ߽᭴ᚑㇱຠ߇ሽ࿷ߒߥ޿ߎߣߥߩߢߔޕߟ߹ࠅߘߎ߇ࡃ࡞

ࡉ࠻࡯ࡦࠍ↢ߺ಴ߔᧄ⾰ߥߩߢߔޕ

಴ജࠍᷫ⴮ߐߖࠆߎߣߦട߃ߡޔ&24ߪታ㓙ߦࡄࡢ࡯ࠕࡦࡊߩࠦࡦࡊ࡟࠶࡚ࠪࡦ

ᗵ߽ࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕࡄࡢ࡯ࠕࡦࡊߩࠦࡦࡊ࡟࠶࡚ࠪࡦߣ޿߁ߩߪૐ಴ജߩ

⌀ⓨ▤ࠕࡦࡊߩ࠻࡯ࡦࠍ․ᓽઃߌࠆࠠ࡯ߣߥࠆⷐ⚛ߥߩߢߔޕߘߒߡߘࠇߪૐ޿

಴ജߦ⸳ቯߒߚ႐วߩ5߇ᜬߟᔃ࿾ࠃ޿Ṷᄼᗵߣߥࠆߩߢߔޕ

ࡊ࡝ࠕࡦࡊߣࡄࡢ࡯ࠕࡦࡊߩ࠺ࠖࠬ࠻࡯࡚ࠪࡦࠦࡦࡊ࡟࠶࡚ࠪࡦߩ޿ࠈ޿ࠈߥ⚵ߺวࠊߖࠍℂ⸃ߔ
ࠆߚ߼ߦ%JCPPGN)CKP8QNWOG/CUVGT8QNWOG&24ߩ޽ࠄࠁࠆ࠮࠶࠹ࠖࡦࠣࠍ⹜ߒߡߺࠆߎߣࠍ
߅⮈߼ߒ߹ߔޕ

ᵈᗧ㧦ޓ৻⥸⊛ߦޔ&24ࠍᏀߦ࿁ߔ߶ߤ㧔ߟ߹ࠅࡄࡢ࡯ࠍᷫ⴮ߐߖࠆ߶ߤ㧕࠳ࠗ࠽ࡒ࠶ࠢࠦࡦࡊ࡟࠶
࡚ࠪࡦߣࡄࡢ࡯ࠕࡦࡊߩࠢ࡝࠶ࡇࡦࠣ߇޽ࠄࠁࠆ㖸㊂ߢ⚻㛎ߢ߈ࠆߎߣߢߒࠂ߁ޕ

%NGCP&241RGTCVKQP

ࡄࡢ࡯ࠕࡦࡊߩ࠳ࠗ࠽ࡒ࠶ࠢࠦࡦࡊ࡟࠶࡚ࠪࡦࠍᓸ⺞ᢛߔࠆߎߣߢ&24ߪࡄࡢࡈ࡞ߦ௛߈߹ߔޕ

%JCPPGN %JCPPGN %JCPPGN

/CUVGT

&24

&GUETKRVKQP5QWPF%JCTCEVGT

)CKP

8QNWOG

8QNWOG

%NGCP

.QY

/KF

/KF

*KIJ

ࡊ࡝ߣࡄࡢ࡯ߦᦨᄢ㒢ߩ૛⵨ࠍᜬߚߖߚ

࠳ࠗ࠽ࡒ࠶ࠢߢࠢ࡝࡯ࡦߥࠨ࠙ࡦ࠼

%NGCP

.QY

*KIJ

*KIJ

.QY

ࡄࡢ࡯ࠕࡦࡊࠍ࠼࡜ࠗࡉߐߖޔ಴ജࠍᛥ

߃ࠆߎߣߦࠃߞߡࡂ࡯ࡕ࠾ࠢࠬߩ޽ࠆࠢ

࡝࡯ࡦߢࠦࡦࡊ࡟࠶࡚ࠪࡦߩല޿ߚ࡝࠶

࠴ߥࠨ࠙ࡦ࠼

%NGCP

*KIJ

*KIJ

*KIJ

.QY

ࠥࠗࡦࠍ㜞߼ߦߒޔߐࠄߦࡄࡢ࡯ࠕࡦࡊ

߽࠼࡜ࠗࡉߐߖߚߚߞߚYߢࡈ࡞ࠬ࠲࠶

ࠢߩࠢ࡜ࡦ࠴࠻࡯ࡦ

1XGTFTKXG&241RGTCVKQP

&24ߪࡊ࡝ࠕࡦࡊ࠮࡚ࠢࠪࡦ߆ࠄߤߩߊࠄ޿ࠝ࡯ࡃ࡯࠼࡜ࠗࡉ߇ᔅⷐߥߩ߆ޔߘߒߡࡄࡢ࡯ࠕࡦࡊ࠮
࡚ࠢࠪࡦߩ'.߆ࠄߤࠇߋࠄ޿ࠝ࡯ࡃ࡯࠼࡜ࠗࡉ߇ᔅⷐߥߩ߆ࡇࡦࡐࠗࡦ࠻ߢࠦࡦ࠻ࡠ࡯࡞ߢ߈߹
ߔޕ

%JCPPGN %JCPPGN %JCPPGN

/CUVGT

&24

&GUETKRVKQP5QWPF%JCTCEVGT

)CKP

8QNWOG

8QNWOG

%TWPEJ

.QY/KF

/KF

/KF

*KIJ

૛⵨ߩࡋ࠶࠼࡞࡯ࡓߣࠥࠗࡦࠍ᛼ߐ߃ߚ

ࡈ࡞㨃ߢߩ࠳ࠗ࠽ࡒ࠶ࠢߥࠢ࡜ࡦ࠴ࠨ

࠙ࡦ࠼

%TWPEJ

/KF

*KIJ

*KIJ

/KF

ࡊ࡝ࠕࡦࡊߣࡄࡢ࡯ࠕࡦࡊߢߩ࠺ࠖࠬ࠻

࡯࡚ࠪࡦߣࠦࡦࡊ࡟࠶࡚ࠪࡦࠨ࠙ࡦ࠼ࠍ

ࡉ࡟ࡦ࠼ޕᅢߺߩࠬࠗ࡯࠻ࠬࡐ࠶࠻ࠍត

ߒߡߺࠆߎߣࠍ߅൘߼ߒ߹ߔޕ

%TWPEJ

*KIJ

/KF

/KF

.QY

ࡃ࡞ࡉࠍᦨᄢߦ㘻๺⁁ᘒߦߐߖߚࡂࠗࠥ

ࠗࡦࠨ࠙ࡦ࠼ࠍߘߩ߹߹ዊ㖸㊂ߢ಴ജޕ

2QYGT+PFKECVQT.KIJV

ࠬࠗ࠶࠴ࠍ౉ࠇࠆߣὐἮߒ߹ߔޕ

5VCPFD[

ߎߩࠬࠗ࠶࠴ߪ಴ജㇱߦ߆߆ࠅ߹ߔޕࡄࡢ࡯ࠬࠗ࠶࠴ࠍ޿ࠇߡ߆ࠄዋߥߊߣ߽⑽⚻ㆊᓟߦࠝ
ࡦߦߒߡߊߛߐ޿ޕṶᄼࠍ৻ᤨਛᢿߔࠆ㓙ߦߎߩࠬࠗ࠶࠴ࠍࠝࡈߦߒߡߊߛߐ޿ޕ

2QYGT

ࠕࡦࡊߩ㔚Ḯࠍ101((ߐߖ߹ߔޕ56#0&$;59+6%*ࠃࠅవߦ10ߦߒߡߊߛߐ޿ޕ

/+&+%JCPPGN5YKVEJKPI

5GTKGU1PGߪએਅߦᦠ޿ߚᚻ㗅ߢᄢㇱಽߩ/+&+ࠦࡦ࠻ࡠ࡯࡜࡯ߢ/+&+ࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫࡔ࠶࠮࡯
ࠫࠍㅢߓߡ࠴ࡖࡦࡀ࡞ߩಾࠅᦧ߃߇ⴕ߃߹ߔޕ/+&+%JCKPࠍ࠮࠶࠻ߒߚ5GTKGU1PGߢޔࠕࡦࡊߩ࠴
ࡖࡦࡀ࡞ߩㆬᛯߣࠛࡈࠚࠢ࠻࡞࡯ࡊߦធ⛯ߐࠇߚ/+&+ࠦࡦ࠻ࡠ࡯࡜࡯ߩࡄ࠶࠴ࠍหᤨߦᄌᦝߢ߈߹
ߔޕㅢࠅߩࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫ߇޽ࠅޔ㕖Ᏹߦᄙߊߩ࠻࡯ࡦߩ⚵ߺวࠊߖ߇น⢻ߣߥࠅ߹ߔޕ

/+&+࠴ࡖࡦࡀ࡞ߩࠬࠗ࠶࠴ࡦࠣࠍ⸳ቯߔࠆߦߪޔ/+&+ࠦࡦ࠻ࡠ࡯࡜࡯ߩ/+&+176ߣࠕࡦࡊߩ࡝ࠕࡄ
ࡀ࡞ߩ/+&++0ࠍធ⛯ߒ߹ߔޕࠦࡦ࠻ࡠ࡯࡜࡯ߪࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫࡔ࠶࠮࡯ࠫࠍㅍࠆࠃ߁⸳ቯߒߡ
ߊߛߐ޿㧔ߎࠇ߇ㅢᏱߩࠤ࡯ࠬߢߔ㧕ޕ

ߎߩᲑ㓏߆ࠄޔࠕࡦࡊߪ1/0+ࡕ࡯࠼ߦ⸳ቯߐࠇޔో/+&+࠴ࡖࡦࡀ࡞ߦኻߔࠆࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫࡔ
࠶࠮࡯ࠫࠍฃߌ߹ߔޕࠦࡦ࠻ࡠ࡯࡜࡯ߩࡄ࠶࠴ࠍᄌᦝߔࠆߣࠕࡦࡊ࠴ࡖࡦࡀ࡞߇ಾࠅᦧࠊࠅ߹ߔޕ
ฦࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫ࠽ࡦࡃ࡯ߩೋᦼ⸳ቯߪᰴߩㅢࠅߢߔޕ

2TQITCO%JCPIG#UUKIPOGPV

਄⸥ೋᦼ⸳ቯࠍᄌᦝߔࠆߦߪޔ⇣ߥߞߚࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫߦᔕ╵ߔࠆࠃ߁ࠕࡦࡊࠍᰴߩࠃ߁ߦ࠮
࠶࠻ߒߡߊߛߐ޿㧦

ࠕࡦࡊߩ㔚Ḯࠍࠝࡦߦߒߡޔࠬ࠲ࡦࡃࠗࠬࠗ࠶࠴ࠍࠝࡦ߹ߚߪޔࡊ࡜ࠣࠍࠗࡦࡊ࠶࠻ߦធ⛯ߒߡ
ߊߛߐ޿ޕ

ࠕࡦࡊߦㆡಾߥࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫࡔ࠶࠮࡯ࠫࠍㅍࠅ߹ߔޕ

ࠕࡦࡊ࡮ࡈࡠࡦ࠻ࡄࡀ࡞ߩㆡಾߥ࠴ࡖࡦࡀ࡞ࠬࠗ࠶࠴ࠍ⑽㑆᛼ߒߚ߹߹ߦߒ߹ߔޕ

෻ᔕߔࠆ࠴ࡖࡦࡀ࡞߇ㆬᛯߐࠇࠇ߫ޔ.'&߇ὐṌߒࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫ߇ഀࠅᒰߡࠄࠇߚߎߣࠍ␜ߒ
߹ߔޕ

/+&+4GEGKXG%JCPPGN5GNGEVKQP

೨ㅀߒߚࠃ߁ߦޔೋᦼ⸳ቯߪ1/0+ࡕ࡯࠼ߦߥߞߡ߅ࠅޔࠕࡦࡊߪోߡߩ/+&+࠴ࡖࡦࡀ࡞ߦኻߒߡߩ
/+&+ࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫߦ෻ᔕߒ߹ߔޕࠪࡦࠣ࡞/+&+࠴ࡖࡦࡀ࡞਄ߩࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫߦ෻ᔕߔ
ࠆࠃ߁ࠕࡦࡊࠍ࠮࠶࠻ߔࠆߎߣ߇ߢ߈߹ߔޕ

5GTKGU1PGࠍᰴߩߟߩ/+&+࠴ࡖࡦࡀ࡞ߦኻߒߡએਅߩᣇᴺߢ෻ᔕߔࠆࠃ߁ߦ࠮࠶࠻ߢ߈߹ߔޕ

ࠕࡦࡊߪࠬ࠲ࡦࡃࠗߩ⁁ᘒ㧔㔚Ḯࠝࡦߢࠬ࠲ࡦࡃࠗࠝࡈ㧕ߦߒߡޔࠗࡦࡊ࠶࠻ߦߪ૗߽ធ⛯ߒߥ
޿ߢߊߛߐ޿ޕ

$TKIJV%NGCPߣ%TWPEJࠍหᤨߦ᛼ߒ⛯ߌ߹ߔޕ

⑽ᓟߦ5WRGT%TWPEJߩ.'&߇ὐṌߒᆎ߼㧔⑽Ფߦ࿁㧕ߡޔࠕࡦࡊ߇/+&+4GEGKXG2TQITCO
ࡕ࡯࠼ߦ౉ߞߚߎߣࠍ␜ߒ߹ߔޕ

$TKIJV%NGCPߣ%TWPEJߩࡏ࠲ࡦࠍ⸃㒰ߒߡޔਅ⸥ߦ␜ߒߚ࠴ࡖࡦࡀ࡞࠮࡟ࠢ࠻ࠬࠗ࠶࠴ߦ
ࠃߞߡ/+&+࠴ࡖࡦࡀ࡞ࠍㆬᛯߒ߹ߔޕ

$TKIJV%NGCP 9CTO%NGCP %TWPEJ /+&+%*#00'.

1((

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Ἦߒ߹ߔޕ

ޓᏗᦸߩㆬᛯࠍ⸥ᙘߐߖࠆߦߪޔ5WRGT%TWPEJࠍ᛼ߒߡߊߛߐ޿ޕ5WRGT%TWPEJߩ.'&߇
ߔ߫߿ߊ࿁ὐṌߒޔᠲ૞߇ቢੌߒߚߎߣࠍ␜ߒ߹ߔޕࠕࡦࡊߪㅢᏱߩᠲ૞ߦᚯࠅޔᣂߒߊㆬᛯߐࠇ
ߚ/+&+࠴ࡖࡦࡀ࡞਄ߩࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫߦኻߒߡߩߺ෻ᔕߒ߹ߔޕ

/+&+&WOR1WV

/+&+࠴ࡖࡦࡀ࡞ㆬᛯ⸳ቯߩࡃ࠶ࠢࠕ࠶ࡊ߽ⴕ߃߹ߔޕߟ߹ࠅઁߩࠕࡦࡊߦォㅍߔࠆߎߣ߇ߢ߈ࠆߩ
ߢߔޕߎࠇࠍⴕ߁ߦߪ2%߿/CE਄ߢ૞േߔࠆ/+&+࡜ࠗࡉ࡜࡝ࠕࡦ╬ߩ࠰ࡈ࠻߇ᔅⷐߣߥࠅ߹ߔޕ

ࠕࡦࡊߪࠬ࠲ࡦࡃࠗ⁁ᘒ㧔㔚Ḯࠝࡦࠬ࠲ࡦࡃࠗࠝࡈ㧕ߦߒޔᭉེߪࠕࡦࡊߦធ⛯ߖߕޔ/+&+࡟
ࠦ࡯࠺ࠖࡦࠣᯏེߩ/+&++0ߣࠕࡦࡊ࡮࡝ࠕࡄࡀ࡞ߩ/+&+6*47ࠍធ⛯ߒ߹ߔޕ

9CTO%NGCPߣ5WRGT%TWPEJ㧔㧕ࠍ᛼ߒ⛯ߌ߹ߔޕ⑽ᓟߦ%TWPEJߩ.'&߇ὐṌࠍ㐿ᆎߒߡ
/+&+&WORࡕ࡯࠼ߦ౉ߞߚߎߣࠍ␜ߒ߹ߔޕ

ォㅍߔࠆߦ޽ߚࠅฃߌ౉ࠇ஥ᯏེߩḰ஻ࠍⴕ޿߹ߔޕ

ォㅍࠍ㐿ᆎߔࠆߦߪ%TWPEJࠍ᛼ߒߡߔ߫߿ߊ㔌ߒ߹ߔޕォㅍߒߡ޿ࠆ㑆ߪ%TWPEJ.'&߇ߔ
߫߿ߊὐṌߒ߹ߔޕὐṌ߇⚳ੌߔࠇ߫ォㅍ߇ቢੌߣߥࠅޔࠕࡦࡊߪㅢᏱߩᠲ૞ߦ߽ߤࠅ߹ߔޕࡈࠔ
ࠗ࡞ߪ/+&+ࠪࠬ࠹ࡓ࡮ࠛࠢࠬࠢ࡞࡯ࠪࡉ࡮ࡈࠔࠗ࡞ߣߒߡ࠮࡯ࡉߐࠇ߹ߔޕ

/+&+&WOR+P

એ೨࠮࡯ࡉߒߚࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫࠍࡠ࡯࠼ߔࠆߦߪޔ

/+&+࡟ࠦ࡯࠺ࠖࡦࠣᯏེߩ/+&+176ߣࠕࡦࡊ࡮࡝ࠕࡄࡀ࡞ߩ/+&++0ࠍធ⛯ߒߡޔએ೨ߦ⸥ᙘߐ
ߖߚ/+&+ࠪࠬ࠹ࡓ࡮ࠛࠢࠬࠢ࡞࡯ࠪࡉ࡮ࡈࠔࠗ࡞ࠍォㅍߒ߹ߔޕ

ࠕࡦࡊߪ⃻࿷ߩࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫࠍᣂߒ޿߽ߩߦᦠ߈឵߃߹ߔޕᠲ૞߇ቢੌߔࠇ߫ߟߩ࠴ࡖࡦࡀ
࡞ߩ.'&߇ߔ߫߿ߊ࿁ὐṌߒ߹ߔޕォㅍ߇ᄬᢌ߹ߚߪቢోߦⴕࠊࠇߥ߆ߞߚ႐วߪߟߩ.'&߇ࠁߞ
ߊࠅὐṌߒޔࠕࡦࡊߪㅢᏱߩᠲ૞ߦᚯࠅ߹ߔޕ

ᵈᗧ㧦ࡈࠔࠗ࡞ォㅍਛޔࠕࡦࡊߪ৻ᤨ⊛ߦ/+&+6*47߳࠺࡯࠲ࠍㅍࠆߎߣࠍਛᱛߒ߹ߔޕ

4GUVQTKPI(CEVQT[5GVVKPIU

Ꮏ႐಴⩄ᤨߩ⁁ᘒߦ߽ߤߔߦߪ㧧

ࠕࡦࡊߩࡄࡢ࡯ࠬࠗ࠶࠴ࠍ1HHߦߒߡ߆ࠄޔ9CTO%NGCPߣ5WRGT%TWPEJࠍ᛼ߒ⛯ߌ߹ߔޕ

਄⸥ࠬࠗ࠶࠴ࠍ᛼ߒ⛯ߌߥ߇ࠄޔࡄࡢ࡯ࠬࠗ࠶࠴ࠍ1Pߦߒ߹ߔޕ⑽ᓟోߡߩ࠴ࡖࡦࡀ࡞.'&߇࿁
ὐṌߒᎿ႐಴⩄ᤨߩ⁁ᘒߦᚯߞߚߎߣࠍ␜ߒ߹ߔޕ

4GCT2CPGN

/CKP+PRWV

㔚Ḯࠦ࡯࠼ࠍߎߎߦⵝ⌕ߒ߹ߔޕ࡝ࠕࡄࡀ࡞ߦ⸥タߐࠇߡ޿ࠆᚲቯߩ㔚࿶ޔ๟ᵄᢙࠍḩߚߒߚࠦࡦ
࠮ࡦ࠻ߦ౉ࠇࠆࠃ߁ߦߒߡߊߛߐ޿ޕਇ᣿ߥ႐วߪޔ⾗ᩰߩ޽ࠆᛛⴚ⠪߆ࠄࠕ࠼ࡃࠗࠬࠍᓧߡߊߛ
ߐ޿ޕ

/CKP(WUG

ࡔࠗࡦࡅࡘ࡯࠭ߩ୯ߪ࡝ࠕࡄࡀ࡞ߦ⸥タߒߡ޿߹ߔޕᱜߒߊߥ޿ࡅࡘ࡯࠭ߩ૶↪߿ޔࡃࠗࡄࠬߐߖ
ࠆߎߣߪ⛘ኻߦⴕࠊߥ޿ߢߊߛߐ޿ޕ

*6(WUG

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ߣߪ⛘ኻߦⴕࠊߥ޿ߢߊߛߐ޿ޕ

(QQVUYKVEJ

ઃዻࡈ࠶࠻ࠬࠗ࠶࠴ߪߎߎߦធ⛯ߒߡߊߛߐ޿ޕࡈ࠶࠻ࠬࠗ࠶࠴ߢ$TKIJV%NGCP9CTOV%NGCP
%TWPEJ5WRGT%TWPEJߩࡕ࡯࠼ಾࠅᦧ߃߇ⴕ߃߹ߔޕ

/+&+6*47

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ࠆߎߣ߇಴᧪߹ߔޕ/+&+6*47ߪㆡಾߥ/+&+ࡔࡕ࡝࡯ᯏེ߳࠴ࡖࡦࡀ࡞࠮࡟ࠢ࠻ࡊࡠࠣ࡜ࡓ࠴ࠚࡦ
ࠫ࡮࠺࡯࠲ࠍォㅍߔࠆ㓙ޔ૶↪ߒ߹ߔޕ⹦ߒߊߪ/+&+%JCPPGN5YKVEJKPI㗄⋡ࠍෳᾖߒߡߊߛߐ޿ޕ
Ᏹߦ⦟⾰ߩ/+&+ࠤ࡯ࡉ࡞ࠍߏ೑↪ߊߛߐ޿ޕ

/+&++0

/+&+ߦࠃߞߡ࠴ࡖࡦࡀ࡞ࠍಾࠅᦧ߃ࠆ႐วޔ/+&+ᯏེࠍߎߎ߳ធ⛯ߒ߹ߔޕ

⹦ߒߊߪ/+&+%JCPPGN5YKVEJKPI㗄⋡ࠍෳᾖߒߡߊߛߐ޿ޕᏱߦ⦟⾰ߩ/+&+ࠤ࡯ࡉ࡞ࠍߏ೑↪ߊߛ
ߐ޿ޕ

+ORGFCPEG5GNGEVQT

ࠬࡇ࡯ࠞ࡯ߩࠗࡦࡇ࡯࠳ࡦࠬߦࠕࡦࡊߩࠗࡦࡇ࡯࠳ࡦࠬࠍ⸳ቯߒ߹ߔޕ

ធ⛯ߔࠆࠠࡖࡆࡀ࠶࠻ߦวߞߚࠗࡦࡇ࡯࠳ࡦࠬߦߒߡߊߛߐ޿ޕ

ࠠࡖࡆࡀ࠶࠻ធ⛯⁁ᘒ

+ORGFCPEG5GNGEVGF

ࠝ࡯ࡓࠠࡖࡆࡀ࠶࠻บ

1JOU

ࠝ࡯ࡓࠠࡖࡆࡀ࠶࠻บ

1JOU

ࠝ࡯ࡓࠠࡖࡆࡀ࠶࠻บ

1JOU

ࠝ࡯ࡓࠠࡖࡆࡀ࠶࠻บ

1JOU

ࠝ࡯ࡓࠠࡖࡆࡀ࠶࠻บ

1JOU

ࠬࡇ࡯ࠞ࡯ࠠࡖࡆࡀ࠶࠻߇ࠝ࡯ࡓࠃࠅዊߐ޿႐วޔ߹ߚߪZࠝ࡯ࡓߩ႐วߪធ⛯಴᧪߹ߖࠎޕ

⼊๔㧦ޓࠕࡦࡊߩࠗࡦࡇ࡯࠳ࡦࠬࠍ⺞▵ߔࠆ೨ߦᔅߕࠕࡦࡊᧄ૕ߩ㔚Ḯࠍቢోߦࠝࡈߦߒߡߊߛߐ
޿ޕߎࠇࠍⴕ߁ߎߣࠍᕃߞߚࠅޔᱜ⏕ߥࠗࡦࡇ࡯࠳ࡦࠬࡑ࠶࠴ࡦࠣࠍⴕࠊߥ߆ߞߚ႐วߪࠕࡦࡊߦ
࠳ࡔ࡯ࠫࠍฃߌࠆߎߣ߇޽ࠅ߹ߔޕ

5RGCMGT1WVRWVU

ࠬࡇ࡯ࠞ࡯ࠠࡖࡆࡀ࠶࠻ធ⛯↪ߩߟߩࡄ࡜࡟࡞࡮ࠬࡇ࡯ࠞ࡯ࠕ࠙࠻ࡊ࠶࠻ߢߔޕធ⛯ߩ㓙ߪᔅߕ
+ORGFCPEG5GNGEVQT㧔㧕ࠍᱜߒߊ࠮࠶࠻ߒߡߊߛߐ޿ޕ

5RGCMGT'OWNCVGF1WVRWV

࡟ࠦ࡯࠺ࠖࡦࠣ߿ࡒࠠࠨ࡯ធ⛯↪ߩࡃ࡞ࡉࠝ࡯ࡃ࡯࠼࡜ࠗࡉ࠻࡯ࡦߢࠬࡇ࡯ࠞ࡯ࠠࡖࡆࡀ࠶࠻߆ࠄ
ߩ㖸ࠍࠪࡒࡘ࡟࡯࠻ߒߚࠕ࠙࠻ࡊ࠶࠻ߢߔޕ⦟⾰ߩࠤ࡯ࡉ࡞ࠍ೑↪ߒߡߊߛߐ޿ޕࡈࠜ࡯ࡦ࡮ࠫࡖ
࠶ࠢߣࡃ࡜ࡦࠬ:.4┵ሶߩਔᣇ߇޽ࠅ߹ߔޕ

ᵈᗧ㧦ޓ㕒߆ߥ࡟ࠦ࡯࠺ࠖࡦࠣߩߚ߼ߦߪࠕࡦࡊࠍࠬ࠲ࡦࡃࠗࡕ࡯࠼ߦߒߡߊߛߐ޿ޕ

ࠬ࠲ࡦࡃࠗࡕ࡯࠼ߢߪࠬࡇ࡯ࠞ࡯ߦធ⛯ߖߕߦ5RGCMGT'OWNCVGF1WVRWV߆ࠄ࡟ࠦ࡯࠺ࠖࡦࠣߔࠆߎ
ߣ߽ߢ߈߹ߔޕૉߒࠬࡇ࡯ࠞ࡯߆ࠄߩࠤ࡯ࡉ࡞߇ࠕࡦࡊᧄ૕ߩࠬࡇ࡯ࠞ࡯ࠕ࠙࠻ߦធ⛯ߐࠇߡ޿ߥ
޿ߎߣࠍ⏕⹺ߒߡߊߛߐ޿ޕ⽶⩄଻⼔࿁〝ߦ⽶ᜂ߇߆߆ࠅࠕࡦࡊ᡿㓚ߩේ࿃ߣߥࠅ߹ߔޕ

'HHGEVU.QQR.GXGN

ࠛࡈࠚࠢ࠻࡞࡯ࡊߩ࡟ࡌ࡞ࠍF$8߆F$8ߦಾࠅᦧ߃߹ߔޕ࡜࠶ࠢᑼࠛࡈࠚࠢ࠲࡯ࠍធ⛯ߔࠆ႐ว
ߪF$8ޔࡍ࠳࡞ᑼࠛࡈࠚࠢ࠲࡯ߪF$8ࠍㆬᛯߒߡߊߛߐ޿ޕ

'HHGEVU.QQR4GVWTP

ᄖㇱࠛࡈࠚࠢ࠲࡯ߩࠕ࠙࠻஥ߣធ⛯ߒ߹ߔޕ

'HHGEVU.QQR5GPF

ᄖㇱࠛࡈࠚࠢ࠲࡯ߩࠗࡦ஥ߣធ⛯ߒ߹ߔޕ

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⼊๔㧍

቟ోߦ૶↪޿ߚߛߊߚ߼ߩ㊀ⷐߥ߅⍮ࠄߖޕ

⸥タߩᵈᗧ੐㗄ࠍචಽߦℂ⸃޿ߚߛߊߣߣ߽ߦޔ዁᧪ߦ߅޿ߡ߽ޔᧄขᛒ⺑᣿ߩᦠߩ଻▤ޔ߅ࠃ߮
ᵈᗧ੐㗄ߩ෩቞ࠍ߅ߎߥࠊߥߌࠇ߫ߥࠅ߹ߖࠎޕ

ෂ㒾㧍ޓ⵾ຠౝㇱߦߪ㜞㔚࿶ㇱ߇ሽ࿷ߒ߹ߔ

⵾ຠᄖⵝࠤ࡯ࠬࠍ޽ߌߥ޿ߢߊߛߐ޿ޕޓ࡙࡯ࠩ࡯ߦࠃࠆ੤឵߇⸵ߐࠇߡ޿ࠆㇱຠߪሽ࿷ߒߡ޿߹
ߖࠎޕޓߔߴߡߩୃℂޔ߅ࠃ߮ࠕࡈ࠲࡯ࠨ࡯ࡆࠬߪޔᱜⷙߩࠨ࡯ࡆࠬࡑࡦߦࠃߞߡ߅ߎߥࠊࠇ
ߥߌࠇ߫ߥࠅ߹ߖࠎޕ

ਇᱜߥᡷㅧߪޔ

BLACKSTAR AMPLIFICATION 

␠ߦࠃߞߡ᣿⏕ߦ⑌ᱛߐࠇߡ޿߹ߔޕ

⵾ຠ਄ㇱࠤ࡯ࠬߩ᡼ᾲⓣ㧔ࠬ࡝࠶࠻㧕߆ࠄޔ޿߆ߥࠆ‛߽⵾ຠౝㇱ߳౉ࠇߡߪߥࠅ߹ߖࠎޕ

㔎߿ޔ޿߆ߥࠆᶧ૕ޔ߹ߚߪ᳓ಽ㧔㜞Ḩᐲ㧕ߦߐࠄߐࠇߚ⁁ᴫߢߩ૶↪ࠍ⑌ᱛ޿ߚߒ߹ߔ

BLACKSTAR

␠ߦᛚ⹺ߐࠇߚ㧭㧯ࠕ࠳ࡉ࠲࡯㧔㔚Ḯࠕ࠳ࡊ࠲࡯㧕ߩߺࠍ૶↪ߒߡߊߛߐ޿ޕ

߹ߚޔ૶↪ߒߥ޿ߣ߈ߪޔᔅߕ㔚Ḯࠦࡦ࠮ࡦ࠻߆ࠄ㧭㧯ࠕ࠳ࡉ࠲࡯ࠍᛮ޿ߡ߅޿ߡߊߛߐ޿ޕ

ߪߓ߼ߦ

$.#%-56#45GTKGU1PGࠕࡦࡊ࡝ࡈࠔࠗࠕࠍ߅⾈޿਄ߍ޿ߚߛ߈ޔ⺈ߦ޽ࠅ߇ߣ߁ߏߑ޿߹ߔޕ

ߎߩ⵾ຠߪޔઁߩᒰ␠ߩ⵾ຠห᭽ޔᚒޘߩ਎⇇⊛ߦ߽࠻࠶ࡊ࡟ࡌ࡞ߩ⸳⸘࠴࡯ࡓߦࠃࠅޔ㐳ᦼ㑆ߦ
ࠊߚࠆᔀᐩߒߚ⎇ⓥޔ⺞ᩏࠍరߦ⸳⸘ߒߡ޽ࠅ߹ߔޕ

⧷࿖ࡁ࡯ࠩࡦࡊ࠻ࡦࠍ᜚ὐߣߔࠆޔࡉ࡜࠶ࠢࠬ࠲࡯␠ߪోຬ߇ࡒࡘ࡯ࠫࠪࡖࡦߣߒߡߩ⚻㛎߇޽ࠅ
ޔࠡ࠲࡝ࠬ࠻ߩࡌࠬ࠻ࡄࡈࠜ࡯ࡑࡦࠬࠍታ⃻ߔࠆߚ߼ߩޟⓥᭂߩࠡ࠲࡯࠷࡯࡞ޠࠍឭଏߔࠆߎߣࠍ
໑৻ߩ⋡⊛ߣߒߡ޿߹ߔޕ

ోߡߩࡉ࡜࠶ࠢࠬ࠲࡯⵾ຠߪޔຠ⾰ޔߣࠅࠊߌࠨ࠙ࡦ࠼ࠢࠝ࡝࠹ࠖߦ߅޿ߡᅷදߖߕޔᄙߊߩᬌᩏ
ᯏ㑐ߢߩ⹜㛎ޔ߅ࠃ߮ࡠ࡯࠼࠹ࠬ࠻㧔ታᣉ࠹ࠬ࠻㧕ࠍⴕߞߡ޿߹ߔޕ

5GTKGU1PG5ߪ㜞޿ᨵエᕈࠍᜬߟ࠴ࡖࡦࡀ࡞ޔࡕ࡯࠼ߩࠪࠬ࠹ࡓߣ࡙࠾࡯ࠢߥ
&24&[PCOKE2QYGT4GF5(+PHKPKVG5JCRG(GCVWTGࠦࡦ࠻ࡠ࡯࡞ࠍ․ᓽߣߒᐢ▸࿐ߦ
㖸ࠍࠦࡦ࠻ࡠ࡯࡞ߢ߈ޔߒ߆߽ࠪࡦࡊ࡞ߦ⋥ᗵ⊛ߦᠲ૞ߢ߈ࠆࠃ߁ߦߥߞߡ޿߹ߔޕࡉ࡜࠶ࠢࠬ࠲
࡯⵾ຠࠍᦨᄢ㒢ߦ೑↪ߒߡ޿ߚߛߊߚ߼ߦޔߎߩࡂࡦ࠼ࡉ࠶ࠢࠍᵈᗧᷓߊ߅⺒ߺߊߛߐ޿ޕ

ߐࠄߦ$.#%-56#4⵾ຠߦ㑐ߒߡ⥝๧߇޽ࠆ႐วߪޔࠗࡦ࠲࡯ࡀ࠶࠻ߩࠨࠗ࠻ࠍߏⷩߊߛߐ޿ޕޓ74.
YYYDNCEMUVCTCORUEQO

ࡉ࡜࠶ࠢࠬ࠲࡯࡮࠴࡯ࡓࠃࠅ

ਥߥ․ᓽ

5ߪࠡ࠲࡯ࠕࡦࡊ࠺ࠩࠗࡦߩ㓸ᄢᚑߣ޿߃ࠆⓥᭂߩ㨣⌀ⓨ▤ࠕࡦࡊࡋ࠶࠼ߢߔޕฦࠦࡦ࠻ࡠ
࡯࡞ߪ㐳ᤨ㑆ߩ࡝ࠬ࠾ࡦࠣࠍⴕ޿ᦨᄢ㒢ߩലᨐ߇಴ࠆࠃ߁ߦ㐿⊒ߒߡ޿߹ߔޕ

5ߩ%NGCP࠴ࡖࡦࡀ࡞ߪ࡙࠾࡯ࠢߥ$TKIJV9CTOࡕ࡯࠼ࠍ஻߃ޔᅷදߩή޿࠺ࠩࠗࡦߣߒߡ޽
ࠅ߹ߔޕฦࡕ࡯࠼ߪࡊ࡝ࠕࡦࡊߩࡏࠗࠪࡦࠣߣࡄࡢ࡯ࠕࡦࡊߩ࠳ࡦࡇࡦࠣࠍᠲ૞ߒޔ$TKIJVࡕ࡯࠼ߢ
ߪ%NCUU#࿁〝ߩࠃ߁ߥ߈ࠄ߼ߊ࠻࡯ࡦߦޔߘߒߡ9CTOࡕ࡯࠼ߢߪ࠴ࡘ࡯ࡉࠕࡦࡊߥࠄߢߪߩࠢ࡜ࡦ
࠴ᗵߩ޽ࠆࠨ࠙ࡦ࠼ߦ⸳ቯߒ߹ߔޕ

5ߩ%TWPEJࡕ࡯࠼ߪࠝ࡯ࡃ࡯࠼࡜ࠗࡉߩ࡟ࡌ࡞ࠍᵈᗧᷓߊ⸳ቯߒߡ޽ࠅ߹ߔޕߜࠂ߁ߤࠢ࡝࡯ࡦ
ߥ㖸߇߭ߕߺᆎ߼ࠆࡐࠗࡦ࠻߆ࠄࡕ࠳ࡦߥ࡝࠭ࡓ࠻࡯ࡦ߹ߢࠢ࡜ࡦ࠴࡟ࡌ࡞ߩࠥࠗࡦ߇ࠞࡃ࡯ߢ߈ࠆ
ߎߣ߇㊀ⷐߛߣ⠨߃߹ߒߚޕ5WRGT%TWPEJࡕ࡯࠼ߪࠥࠗࡦ࡟ࡌ࡞ߣ㖸⦡ߩࠪࠚࠗࡊࠍಾࠅᦧ߃ޔࠨ࠙
ࡦ࠼ߦᦨᄢߩᨵエᕈࠍᜬߚߖߡ޿߹ߔޕ

1XGTFTKXG࠴ࡖࡦࡀ࡞ߪࡂࠗࠥࠗࡦߦ⸳ቯߐࠇߡ޿߹ߔ߇ޔᄙߊߩࠕࡦࡊߦ࠻࠶ࡊࠛࡦ࠼߇ਇ⿷ߒߡ
޿ࠆߎߣ߇ߒ߫ߒ߫⷗ࠄࠇ߹ߔޕߎߩࠕࡦࡊߪ࡙࠾࡯ࠢߥࡊ࡝ࠕࡦࡊߣࡄࡢ࡯ࠕࡦࡊߩᛛⴚߦࠃࠅޔ
ࠡ࠲࡯ߩࡏ࡝ࡘ࡯ࡓࠍ⛉ࠆߣࠝ࡯ࡃ࡯࠼࡜ࠗࡉࠨ࠙ࡦ࠼߇ࠢ࡝࡯ࡦߥ㖸ߦߥࠅ߹ߔޕᭂ┵ߥ࠮࠶࠹ࠖ
ࡦࠣߦߒߡ߽࠽࠴ࡘ࡜࡞ߥࠨ࠙ࡦ࠼ᗵࠍᱷߔߎߣ߇಴᧪ࠆߩߢߔޕ

․⸵↳⺧ਛߩ+5(ࠦࡦ࠻ࡠ࡯࡞ߪࡉ࡜࠶ࠢࠬ࠲࡯⁛⥄ߩࠦࡦ࠻ࡠ࡯࡞ߢޔ࠻࡯ࡦࠪࠚࠗࡊࠍ⥄↱ߦࠦ
ࡦ࠻ࡠ࡯࡞ߔࠆ߽ߩߣߒߡࡔࠫࡖ࡯ߥࠬ࠹࠶ࡊߦߥࠆ߽ߩߢߔޕ+5(ࠦࡦ࠻ࡠ࡯࡞ߪߟߩ࠻࡯ࡦࠦࡦ
࠻ࡠ࡯࡞ߣㅪേߒߡ௛߈ޔࡉ࡝࠹ࠖ࠶ࠪࡘࠨ࠙ࡦ࠼߆ࠄࠕࡔ࡝ࠞࡦࠨ࠙ࡦ࠼߹ߢ⥄↱ߦࠦࡦ࠻ࡠ࡯࡞
ߢ߈߹ߔޕ㊀ⷐߥߩߪ૶߃ࠆ࠻࡯ࡦ߇ߎࠇࠄߩࠨ࠙ࡦ࠼ߩ㑆ߦ߽ή㒢ᄢߦሽ࿷ߔࠆߎߣߥߩߢߔޕ

߽߁߭ߣߟߩࡉ࡜࠶ࠢࠬ࠲࡯ߩ࡙࠾࡯ࠢߥ․⸵↳⺧ਛߩࠦࡦ࠻ࡠ࡯࡞ߣߒߡ&24&[PCOKE2QYGT
4GFWEVKQPࠪࠬ࠹ࡓ߇޽ࠅ߹ߔޕ&24ߪࠕ࠙࠻ࡊ࠶࠻ࠍࡈ࡞ࡄࡢ࡯㧔㨃㧕߆ࠄ㧑㧔9߹ߢߩ㑆
ߢᷫ⴮ߐߖࠆߎߣ߇಴᧪߹ߔޕߎࠇߪ'.ࡄࡢ࡯▤ࠍߤߩࡏ࡝ࡘ࡯ࡓ࡟ࡌ࡞ߦ߅޿ߡ߽ࡈ࡞ߦ૞േߐ
ߖࠆߎߣߦࠃࠅޔ࡟ࠦ࡯࠺ࠖࡦࠣޔዊⷙᮨߩ)+)ޔߘߒߡ⥄ቛߢߩ✵⠌ߦኻߒߡߐ߃߽5߇ℂᗐ
ߩࠕࡦࡊߦߥࠆߩߢߔޕ

5ߩߘߩ߶߆ߩ․ᓽߣߒߡ࠴ࡖࡦࡀ࡞ಾࠅᦧ߃߇/+&+ߢࠦࡦ࠻ࡠ࡯࡞ߢ߈߹ߔޕࡑ࡞࠴ࠛࡈࠚࠢ
࠻ߥߤߩࡏ࡯࠼ߣធวߔࠆߎߣߦࠃߞߡޔ/+&+ߩᣂߒ޿࡟ࡌ࡞ߩࡄࡈࠜ࡯ࡑࡦࠬࠍዷ㐿ߔࠆߎߣ߇ߢ
߈߹ߔޕ

(TQPV2CPGN

+PRWV

ߎߎߦࠡ࠲࡯߆ࠄߩࠤ࡯ࡉ࡞ࠍᝌ౉ߒߡߊߛߐ޿ޕᏱߦ⦟⾰ߩࠤ࡯ࡉ࡞ࠍ૶޿߹ߒࠂ߁ޕ

%NGCP%JCPPGN

$TKIJV%NGCP/QFG+PFKECVQT

$TKIJV%NGCP/QFGࠍㆬᛯߔࠆߣ✛ߩ.'&߇ὐἮߒ߹ߔޕ

$TKIJV%NGCP5GNGEV

$TKIJV%NGCP/QFGࠍㆬᛯߔࠆ႐วޔߎߩࠬࠗ࠶࠴ࠍ᛼ߒߡߊߛߐ޿ޕ

9CTO%NGCP/QFG+PFKECVQT

9CTO%NGCP/QFGࠍㆬᛯߔࠆߣ㤛ߩ.'&߇ὐἮߒ߹ߔޕ

9CTO%NGCP/QFG5GNGEV

9CTO%NGCP/QFGࠍㆬᛯߔࠆ႐วޔߎߩࠬࠗ࠶࠴ࠍ᛼ߒߡߊߛߐ޿ޕ

%NGCP)CKP

%NGCP)CKPߢ%NGCP࠴ࡖࡦࡀ࡞ߩࠝ࡯ࡃ࡯࠼࡜ࠗࡉ߹ߚߪ࠺ࠖࠬ࠻࡯࡚ࠪࡦࠍ⺞▵ߒ߹ߔޕᏀߦ࿁ߒߚૐ
޿࠮࠶࠹ࠖࡦࠣߢࠢ࡝࡯ࡦߥࠨ࠙ࡦ࠼ߢߔޕฝߦ࿁ߔߦᓥߞߡᱡߺߪߓ߼ޔシ޿ࠝ࡯ࡃ࡯࠼࡜ࠗࡉࠨ࠙
ࡦ࠼ߦߥࠅ߹ߔޕ

%NGCP8QNWOG

%NGCP࠴ࡖࡦࡀ࡞ߩࡏ࡝ࡘ࡯ࡓࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕᤨ⸘ᣇะߢᄢ߈ߊߥࠅ߹ߔޕ

$TKIJVߣ9CTO/QFGߪࡊ࡝ࠕࡦࡊߣࡄࡢ࡯ࠕࡦࡊਔᣇߩ࿁〝ࠍࠢ࡜ࠬ㧭ߩ᭽ߥ࠻࡯ࡦ߿ࠢ࡜ࠬ㧭㧮ߩ᭽
ߥ࠻࡯ࡦߦಾࠅᦧ߃ࠇ߹ߔޕ

ߟߩࡕ࡯࠼ߩ․ᓽ

ࡕ࡯࠼

ࡊ࡝ࠕࡦࡊߩࠠࡖ࡜ࠢ࠲࡯

ࡄࡢ࡯ࠕࡦࡊߣ࠳ࡦࡇࡦࠣ

↪ㅜ

$TKIJV%NGCP ࠲ࠗ࠻ߥࡌ࡯ࠬޔ࠴ࡖࠗࡓ

.QYࡠ࡯ߣࡂࠗࠍᒝ⺞

ࠢ࡝࡯ࡦߥ࡝࠭ࡓ

ߩࠃ߁ߥࡒ࠶࠼ߣࡂࠗ

9CTO%NGCP

ប߃߼ߥࡌ࡯ࠬޔࡑࠗ࡞࠼ߥࡂࠗ /GFKWOࠢ࡜ࡦ࠴ᗵߩ޽ࠆ

࠙ࠜ࡯ࡓߥࠢ࡝࡯

࠲ࠗ࠻ߥࡏ࠻ࡓࠛࡦ࠼

ࡦޔࠢ࡜ࡦ࠴ߥ࡝

࠭ࡓ

1XGTFTKXG%JCPPGN

%TWPEJ/QFG+PFKECVQT

%TWPEJ/QFGࠍㆬᛯߔࠆߣࠝ࡟ࡦࠫ⦡ߩ.'&߇ὐἮߒ߹ߔޕ

%TWPEJ/QFG5GNGEV

%TWPEJ/QFGࠍㆬᛯߔࠆ႐วޔߎߩࠬࠗ࠶࠴ࠍ᛼ߒߡߊߛߐ޿ޕ

5WRGT%TWPEJ/QFG+PFKECVQT

5WRGT%TWPEJ/QFGࠍㆬᛯߔࠆߣ⿒⦡ߩ.'&߇ὐἮߒ߹ߔޕ

5WRGT%TWPEJ/QFG5GNGEV

5WRGT%TWPEJ/QFGࠍㆬᛯߔࠆ႐วޔߎߩࠬࠗ࠶࠴ࠍ᛼ߒߡߊߛߐ޿ޕ

1XGTFTKXG)CKP

1XGTFTKXG)CKPࠦࡦ࠻ࡠ࡯࡞ߪ1XGT&TKXG࠴ࡖࡦࡀ࡞ߩࠝ࡯ࡃ࡯࠼࡜ࠗࡉ߿࠺ࠖࠬ࠻࡯࡚ࠪࡦࠍ⺞▵
ߒ߹ߔޕᏀߦ࿁ߔߣࠛ࠶ࠫߩല޿ߚࠢ࡝࡯ࡦߥ㖸ߦߥࠅ߹ߔޕᤨ⸘ᣇะߦ࿁ߔߦᓥߞߡࠨ࠙ࡦ࠼ߪߐ
ࠄߦࠝ࡯ࡃ࡯࠼࡜ࠗࡉߒ৻⇟ฝߦ࿁ߒߚ૏⟎ߢࡈ࡞ߦ࠺ࠖࠬߣ࡯࡚ࠪࡦࠍല߆ߖߚ࠻࡯ࡦߦߥࠅ߹
ߔޕ

1XGTFTKXG8QNWOG

1XGTFTKXG࠴ࡖࡦࡀ࡞ߩࡏ࡝ࡘ࡯ࡓࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕᤨ⸘ᣇะߦ࿁ߔߣᄢ߈ߊߥࠅ߹ߔޕ

'SWCNKUCVKQP

$CUU

ૐၞࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕߎߩࠕࡦࡊߪㅴᱠߒߚ࠻࡯ࡦࠪࠚࠗࡊ࿁〝៞タߦࠃࠅ෻ᤨ⸘ᣇะߢ࠲ࠗ
࠻ߥಾࠇ๧⦟޿ࠨ࠙ࡦ࠼ޔᤨ⸘ᣇะߦ߹ࠊߔߣᥦ߆ߺߩ޽ࠆߤߞߒࠅߣߒߚ࠻࡯ࡦߦߥࠅ߹ߔޕ

/KFFNG

ࡒ࠼࡞࡟ࡦࠫࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕࡒ࠼࡞࡟ࡦࠫߪ․ߦ㖸⦡ࠍ᳿ቯߔࠆ㊀ⷐߥࠦࡦ࠻ࡠ࡯࡞ߢߔޕ
ࠦࡦ࠻ࡠ࡯࡞ࠍᏀ޿ߞ߬޿ߦ࿁ߔߣࠨ࠙ࡦ࠼ߪࠕࠣ࡟࠶ࠪࡉߦߥࠅޔ࡝࠭ࡓࡊ࡟࡯ߦߪᦨㆡߢߔޕࠦ
ࡦ࠻ࡠ࡯࡞ࠍฝߦ࿁ߔߦᓥ޿ࡏ࠺ࠖᗵ߇ᒝ⺞ߐࠇࠨࠬ࠹ࠗࡦߩ޽ࠆ࡝࡯࠼ࠡ࠲࡯ߦߪᦨㆡߩ࠻࡯ࡦߦ
ߥࠅ߹ߔޕ

6TGDNG

㜞ၞࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕ෻ᤨ⸘ᣇะߢ࠙ࠜ࡯ࡓߥࠨ࠙ࡦ࠼ߦߥࠅޔฝߦ࿁ߔߦᓥߞߡ᣿ࠆߐ߇
Ⴧߒߡ޿߈߹ߔޕฝߦ࿁ߒ߈ߞߚ࠮࠶࠹ࠖࡦࠣߢߪࠕࠣ࡟ࠪ࠶ࡉߢಾࠇߩ޽ࠆࠨ࠙ࡦ࠼ߦߥࠅ߹ߔޕ

+5(+PHKPKVG5JCRG(GCVWTG

+5(ߪࡌ࡯ࠬޔࡒ࠼࡞ޔ࠻࡟ࡉ࡞ߣㅪേߒߡ௛߈ޔ⥄ಽ⁛⥄ߩ㖸⦡ࠍㆬ߱

ߎߣ߇಴᧪߹ߔޕᏀߦ࿁ߒ߈ߞߚ૏⟎ߢ࠲ࠗ࠻ߥࡏ࠻ࡓࠛࡦ࠼ߣࠕࠣ࡟

࠶ࠪࡉߥࡒ࠼࡞ߩࡕ࠳ࡦߥࠕࡔ࡝ࠞࡦࠨ࠙ࡦ࠼ޔฝߦ࿁ߒ߈ࠆߣࠃࠅ▫㡆

ࠅᗵߩ޽ࠆࡉ࡝࠹ࠖ࠶ࠪࡘࠨ࠙ࡦ࠼ߦߥࠅ߹ߔޕ

ᓥ᧪ߩࠦࡦ࠷ࠕ࡯߿ࡄ࡜ࡔ࠻࡝࠶ࠢ'3ߣ⇣ߥࠅޔࡌ࡯ࠬޔࡒ࠼࡞ޔ࠻࡟ࡉ

࡞ࠦࡦ࠻ࡠ࡯࡞ߪ࠻࡜࠺࡚ࠖࠪ࠽࡞ߥࠕࡦࡊߩࠃ߁ߦലᨐ⊛ߦ௛߈߹ߔޕ

/CUVGT

4GUQPCPEG

4GUQPCPEGߪૐ㖸ၞో૕ࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕૐ޿࠮࠶࠹ࠖࡦࠣߢߪࠢ࡝࡯ࡦࠨ࠙ࡦ࠼ߪ࠲ࠗ࠻ߢ
ࡈࠔࡦࠠ࡯ߦߥࠅࠝ࡯ࡃ࡯࠼࡜ࠗࡉࠨ࠙ࡦ࠼ߢߪࡌ࡯ࠬ࡟ࠬࡐࡦࠬߦലᨐ߇޽ࠅ߹ߔޕฝߦ࿁ߔ߶
ߤߦࠢ࡝࡯ࡦࠨ࠙ࡦ࠼ߪ࠙ࠜ࡯ࡓߥࠨ࠙ࡦ࠼ߦߥࠅࠢ࡜ࡦ࠴߿ࠝ࡯ࡃ࡯࠼࡜ࠗࡉࠨ࠙ࡦ࠼ߪࠃࠅࡋ
ࡆ࡯ߢ▫㡆ࠅᗵ߇Ⴧߒ߹ߔޕ

2TGUGPEG

2TGUGPEGߪ㜞ၞో૕ࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕࠢ࡝࡯ࡦࠨ࠙ࡦ࠼ߢࡄ࡯ࠞ࠶ࠪࡉߥࡂࠗࠛࡦ࠼ࠍᒝ⺞
ߒޔࠢ࡜ࡦ࠴ࠝ࡯ࡃ࡯࠼࡜ࠗࡉࠨ࠙ࡦ࠼ߢߪࠕࠣ࡟࠶ࠪࡉߥ࠻࡟ࡉ࡞ࠍࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕ

8QNWOG

ࠕࡦࡊ߆ࠄ಴ࠆ㖸㊂ࠍ⺞ᢛߒ߹ߔޕᤨ⸘ᣇะߢᄢ߈ߊߥࠅ߹ߔޕ

&24&[PCOKE2QYGT4GFWEVKQP

&24ࠦࡦ࠻ࡠ࡯࡞ߪ಴ജࠍ9߆ࠄ9߹ߢߩ޿ߕࠇ߆ߩࡐ࡚ࠫࠪࡦ

ߦ࠮࠶࠻ߢ߈߹ߔޕ㖸㊂ߩᢙሼ਄ߩᄌൻ㊂ߣ⡬ᗵ਄ߩᄌൻ㊂ߪߘߩᕈ⾰਄৻⥌ߒ

߹ߖࠎޕ

&24ߪ'.಴ജ▤߳ߩࡏ࡞࠹࡯ࠫଏ⛎ࠍޔߘߒߡࡄࡢ࡯ࠕࡦࡊ߳ߩ࠼࡜ࠗࡉࠪࠣ

࠽࡞ߩ࡟ࡌ࡞ࠍࠦࡦ࠻ࡠ࡯࡞ߔࠆߩߢߔޕ㊀ⷐߥߎߣߪޔ಴ജ▤߿࠻࡜ࡦࠬߣࠬ

ࡇ࡯ࠞ࡯ߩ㑆ߦߪߥߦ߽᭴ᚑㇱຠ߇ሽ࿷ߒߥ޿ߎߣߥߩߢߔޕߟ߹ࠅߘߎ߇ࡃ࡞

ࡉ࠻࡯ࡦࠍ↢ߺ಴ߔᧄ⾰ߥߩߢߔޕ

಴ജࠍᷫ⴮ߐߖࠆߎߣߦട߃ߡޔ&24ߪታ㓙ߦࡄࡢ࡯ࠕࡦࡊߩࠦࡦࡊ࡟࠶࡚ࠪࡦ

ᗵ߽ࠦࡦ࠻ࡠ࡯࡞ߒ߹ߔޕࡄࡢ࡯ࠕࡦࡊߩࠦࡦࡊ࡟࠶࡚ࠪࡦߣ޿߁ߩߪૐ಴ജߩ

⌀ⓨ▤ࠕࡦࡊߩ࠻࡯ࡦࠍ․ᓽઃߌࠆࠠ࡯ߣߥࠆⷐ⚛ߥߩߢߔޕߘߒߡߘࠇߪૐ޿

಴ജߦ⸳ቯߒߚ႐วߩ5߇ᜬߟᔃ࿾ࠃ޿Ṷᄼᗵߣߥࠆߩߢߔޕ

ࡊ࡝ࠕࡦࡊߣࡄࡢ࡯ࠕࡦࡊߩ࠺ࠖࠬ࠻࡯࡚ࠪࡦࠦࡦࡊ࡟࠶࡚ࠪࡦߩ޿ࠈ޿ࠈߥ⚵ߺวࠊߖࠍℂ⸃ߔ
ࠆߚ߼ߦ%JCPPGN)CKP8QNWOG/CUVGT8QNWOG&24ߩ޽ࠄࠁࠆ࠮࠶࠹ࠖࡦࠣࠍ⹜ߒߡߺࠆߎߣࠍ
߅⮈߼ߒ߹ߔޕ

ᵈᗧ㧦ޓ৻⥸⊛ߦޔ&24ࠍᏀߦ࿁ߔ߶ߤ㧔ߟ߹ࠅࡄࡢ࡯ࠍᷫ⴮ߐߖࠆ߶ߤ㧕࠳ࠗ࠽ࡒ࠶ࠢࠦࡦࡊ࡟࠶
࡚ࠪࡦߣࡄࡢ࡯ࠕࡦࡊߩࠢ࡝࠶ࡇࡦࠣ߇޽ࠄࠁࠆ㖸㊂ߢ⚻㛎ߢ߈ࠆߎߣߢߒࠂ߁ޕ

%NGCP&241RGTCVKQP

ࡄࡢ࡯ࠕࡦࡊߩ࠳ࠗ࠽ࡒ࠶ࠢࠦࡦࡊ࡟࠶࡚ࠪࡦࠍᓸ⺞ᢛߔࠆߎߣߢ&24ߪࡄࡢࡈ࡞ߦ௛߈߹ߔޕ

%JCPPGN %JCPPGN %JCPPGN

/CUVGT

&24

&GUETKRVKQP5QWPF%JCTCEVGT

)CKP

8QNWOG

8QNWOG

%NGCP

.QY

/KF

/KF

*KIJ

ࡊ࡝ߣࡄࡢ࡯ߦᦨᄢ㒢ߩ૛⵨ࠍᜬߚߖߚ

࠳ࠗ࠽ࡒ࠶ࠢߢࠢ࡝࡯ࡦߥࠨ࠙ࡦ࠼

%NGCP

.QY

*KIJ

*KIJ

.QY

ࡄࡢ࡯ࠕࡦࡊࠍ࠼࡜ࠗࡉߐߖޔ಴ജࠍᛥ

߃ࠆߎߣߦࠃߞߡࡂ࡯ࡕ࠾ࠢࠬߩ޽ࠆࠢ

࡝࡯ࡦߢࠦࡦࡊ࡟࠶࡚ࠪࡦߩല޿ߚ࡝࠶

࠴ߥࠨ࠙ࡦ࠼

%NGCP

*KIJ

*KIJ

*KIJ

.QY

ࠥࠗࡦࠍ㜞߼ߦߒޔߐࠄߦࡄࡢ࡯ࠕࡦࡊ

߽࠼࡜ࠗࡉߐߖߚߚߞߚYߢࡈ࡞ࠬ࠲࠶

ࠢߩࠢ࡜ࡦ࠴࠻࡯ࡦ

1XGTFTKXG&241RGTCVKQP

&24ߪࡊ࡝ࠕࡦࡊ࠮࡚ࠢࠪࡦ߆ࠄߤߩߊࠄ޿ࠝ࡯ࡃ࡯࠼࡜ࠗࡉ߇ᔅⷐߥߩ߆ޔߘߒߡࡄࡢ࡯ࠕࡦࡊ࠮
࡚ࠢࠪࡦߩ'.߆ࠄߤࠇߋࠄ޿ࠝ࡯ࡃ࡯࠼࡜ࠗࡉ߇ᔅⷐߥߩ߆ࡇࡦࡐࠗࡦ࠻ߢࠦࡦ࠻ࡠ࡯࡞ߢ߈߹
ߔޕ

%JCPPGN %JCPPGN %JCPPGN

/CUVGT

&24

&GUETKRVKQP5QWPF%JCTCEVGT

)CKP

8QNWOG

8QNWOG

%TWPEJ

.QY/KF

/KF

/KF

*KIJ

૛⵨ߩࡋ࠶࠼࡞࡯ࡓߣࠥࠗࡦࠍ᛼ߐ߃ߚ

ࡈ࡞㨃ߢߩ࠳ࠗ࠽ࡒ࠶ࠢߥࠢ࡜ࡦ࠴ࠨ

࠙ࡦ࠼

%TWPEJ

/KF

*KIJ

*KIJ

/KF

ࡊ࡝ࠕࡦࡊߣࡄࡢ࡯ࠕࡦࡊߢߩ࠺ࠖࠬ࠻

࡯࡚ࠪࡦߣࠦࡦࡊ࡟࠶࡚ࠪࡦࠨ࠙ࡦ࠼ࠍ

ࡉ࡟ࡦ࠼ޕᅢߺߩࠬࠗ࡯࠻ࠬࡐ࠶࠻ࠍត

ߒߡߺࠆߎߣࠍ߅൘߼ߒ߹ߔޕ

%TWPEJ

*KIJ

/KF

/KF

.QY

ࡃ࡞ࡉࠍᦨᄢߦ㘻๺⁁ᘒߦߐߖߚࡂࠗࠥ

ࠗࡦࠨ࠙ࡦ࠼ࠍߘߩ߹߹ዊ㖸㊂ߢ಴ജޕ

2QYGT+PFKECVQT.KIJV

ࠬࠗ࠶࠴ࠍ౉ࠇࠆߣὐἮߒ߹ߔޕ

5VCPFD[

ߎߩࠬࠗ࠶࠴ߪ಴ജㇱߦ߆߆ࠅ߹ߔޕࡄࡢ࡯ࠬࠗ࠶࠴ࠍ޿ࠇߡ߆ࠄዋߥߊߣ߽⑽⚻ㆊᓟߦࠝ
ࡦߦߒߡߊߛߐ޿ޕṶᄼࠍ৻ᤨਛᢿߔࠆ㓙ߦߎߩࠬࠗ࠶࠴ࠍࠝࡈߦߒߡߊߛߐ޿ޕ

2QYGT

ࠕࡦࡊߩ㔚Ḯࠍ101((ߐߖ߹ߔޕ56#0&$;59+6%*ࠃࠅవߦ10ߦߒߡߊߛߐ޿ޕ

/+&+%JCPPGN5YKVEJKPI

5GTKGU1PGߪએਅߦᦠ޿ߚᚻ㗅ߢᄢㇱಽߩ/+&+ࠦࡦ࠻ࡠ࡯࡜࡯ߢ/+&+ࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫࡔ࠶࠮࡯
ࠫࠍㅢߓߡ࠴ࡖࡦࡀ࡞ߩಾࠅᦧ߃߇ⴕ߃߹ߔޕ/+&+%JCKPࠍ࠮࠶࠻ߒߚ5GTKGU1PGߢޔࠕࡦࡊߩ࠴
ࡖࡦࡀ࡞ߩㆬᛯߣࠛࡈࠚࠢ࠻࡞࡯ࡊߦធ⛯ߐࠇߚ/+&+ࠦࡦ࠻ࡠ࡯࡜࡯ߩࡄ࠶࠴ࠍหᤨߦᄌᦝߢ߈߹
ߔޕㅢࠅߩࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫ߇޽ࠅޔ㕖Ᏹߦᄙߊߩ࠻࡯ࡦߩ⚵ߺวࠊߖ߇น⢻ߣߥࠅ߹ߔޕ

/+&+࠴ࡖࡦࡀ࡞ߩࠬࠗ࠶࠴ࡦࠣࠍ⸳ቯߔࠆߦߪޔ/+&+ࠦࡦ࠻ࡠ࡯࡜࡯ߩ/+&+176ߣࠕࡦࡊߩ࡝ࠕࡄ
ࡀ࡞ߩ/+&++0ࠍធ⛯ߒ߹ߔޕࠦࡦ࠻ࡠ࡯࡜࡯ߪࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫࡔ࠶࠮࡯ࠫࠍㅍࠆࠃ߁⸳ቯߒߡ
ߊߛߐ޿㧔ߎࠇ߇ㅢᏱߩࠤ࡯ࠬߢߔ㧕ޕ

ߎߩᲑ㓏߆ࠄޔࠕࡦࡊߪ1/0+ࡕ࡯࠼ߦ⸳ቯߐࠇޔో/+&+࠴ࡖࡦࡀ࡞ߦኻߔࠆࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫࡔ
࠶࠮࡯ࠫࠍฃߌ߹ߔޕࠦࡦ࠻ࡠ࡯࡜࡯ߩࡄ࠶࠴ࠍᄌᦝߔࠆߣࠕࡦࡊ࠴ࡖࡦࡀ࡞߇ಾࠅᦧࠊࠅ߹ߔޕ
ฦࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫ࠽ࡦࡃ࡯ߩೋᦼ⸳ቯߪᰴߩㅢࠅߢߔޕ

2TQITCO%JCPIG#UUKIPOGPV

਄⸥ೋᦼ⸳ቯࠍᄌᦝߔࠆߦߪޔ⇣ߥߞߚࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫߦᔕ╵ߔࠆࠃ߁ࠕࡦࡊࠍᰴߩࠃ߁ߦ࠮
࠶࠻ߒߡߊߛߐ޿㧦

ࠕࡦࡊߩ㔚Ḯࠍࠝࡦߦߒߡޔࠬ࠲ࡦࡃࠗࠬࠗ࠶࠴ࠍࠝࡦ߹ߚߪޔࡊ࡜ࠣࠍࠗࡦࡊ࠶࠻ߦធ⛯ߒߡ
ߊߛߐ޿ޕ

ࠕࡦࡊߦㆡಾߥࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫࡔ࠶࠮࡯ࠫࠍㅍࠅ߹ߔޕ

ࠕࡦࡊ࡮ࡈࡠࡦ࠻ࡄࡀ࡞ߩㆡಾߥ࠴ࡖࡦࡀ࡞ࠬࠗ࠶࠴ࠍ⑽㑆᛼ߒߚ߹߹ߦߒ߹ߔޕ

෻ᔕߔࠆ࠴ࡖࡦࡀ࡞߇ㆬᛯߐࠇࠇ߫ޔ.'&߇ὐṌߒࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫ߇ഀࠅᒰߡࠄࠇߚߎߣࠍ␜ߒ
߹ߔޕ

/+&+4GEGKXG%JCPPGN5GNGEVKQP

೨ㅀߒߚࠃ߁ߦޔೋᦼ⸳ቯߪ1/0+ࡕ࡯࠼ߦߥߞߡ߅ࠅޔࠕࡦࡊߪోߡߩ/+&+࠴ࡖࡦࡀ࡞ߦኻߒߡߩ
/+&+ࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫߦ෻ᔕߒ߹ߔޕࠪࡦࠣ࡞/+&+࠴ࡖࡦࡀ࡞਄ߩࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫߦ෻ᔕߔ
ࠆࠃ߁ࠕࡦࡊࠍ࠮࠶࠻ߔࠆߎߣ߇ߢ߈߹ߔޕ

5GTKGU1PGࠍᰴߩߟߩ/+&+࠴ࡖࡦࡀ࡞ߦኻߒߡએਅߩᣇᴺߢ෻ᔕߔࠆࠃ߁ߦ࠮࠶࠻ߢ߈߹ߔޕ

ࠕࡦࡊߪࠬ࠲ࡦࡃࠗߩ⁁ᘒ㧔㔚Ḯࠝࡦߢࠬ࠲ࡦࡃࠗࠝࡈ㧕ߦߒߡޔࠗࡦࡊ࠶࠻ߦߪ૗߽ធ⛯ߒߥ
޿ߢߊߛߐ޿ޕ

$TKIJV%NGCPߣ%TWPEJࠍหᤨߦ᛼ߒ⛯ߌ߹ߔޕ

⑽ᓟߦ5WRGT%TWPEJߩ.'&߇ὐṌߒᆎ߼㧔⑽Ფߦ࿁㧕ߡޔࠕࡦࡊ߇/+&+4GEGKXG2TQITCO
ࡕ࡯࠼ߦ౉ߞߚߎߣࠍ␜ߒ߹ߔޕ

$TKIJV%NGCPߣ%TWPEJߩࡏ࠲ࡦࠍ⸃㒰ߒߡޔਅ⸥ߦ␜ߒߚ࠴ࡖࡦࡀ࡞࠮࡟ࠢ࠻ࠬࠗ࠶࠴ߦ
ࠃߞߡ/+&+࠴ࡖࡦࡀ࡞ࠍㆬᛯߒ߹ߔޕ

$TKIJV%NGCP 9CTO%NGCP %TWPEJ /+&+%*#00'.

1((

1((

1((

1/0+

10

1((

1((

1((

10

1((

10

10

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1((

10

10

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10

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10

10

10

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৻⥌ߔࠆ࠴ࡖࡦࡀ࡞.'&߇ὐἮߒޔ࠴ࡖࡦࡀ࡞࠮࡟ࠢ࠻ࠬࠗ࠶࠴ࠍ᛼ߔߏߣߦ㑐ㅪߒߡ޿ࠆ.'&߇ὐ
Ἦߒ߹ߔޕ

ޓᏗᦸߩㆬᛯࠍ⸥ᙘߐߖࠆߦߪޔ5WRGT%TWPEJࠍ᛼ߒߡߊߛߐ޿ޕ5WRGT%TWPEJߩ.'&߇
ߔ߫߿ߊ࿁ὐṌߒޔᠲ૞߇ቢੌߒߚߎߣࠍ␜ߒ߹ߔޕࠕࡦࡊߪㅢᏱߩᠲ૞ߦᚯࠅޔᣂߒߊㆬᛯߐࠇ
ߚ/+&+࠴ࡖࡦࡀ࡞਄ߩࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫߦኻߒߡߩߺ෻ᔕߒ߹ߔޕ

/+&+&WOR1WV

/+&+࠴ࡖࡦࡀ࡞ㆬᛯ⸳ቯߩࡃ࠶ࠢࠕ࠶ࡊ߽ⴕ߃߹ߔޕߟ߹ࠅઁߩࠕࡦࡊߦォㅍߔࠆߎߣ߇ߢ߈ࠆߩ
ߢߔޕߎࠇࠍⴕ߁ߦߪ2%߿/CE਄ߢ૞േߔࠆ/+&+࡜ࠗࡉ࡜࡝ࠕࡦ╬ߩ࠰ࡈ࠻߇ᔅⷐߣߥࠅ߹ߔޕ

ࠕࡦࡊߪࠬ࠲ࡦࡃࠗ⁁ᘒ㧔㔚Ḯࠝࡦࠬ࠲ࡦࡃࠗࠝࡈ㧕ߦߒޔᭉེߪࠕࡦࡊߦធ⛯ߖߕޔ/+&+࡟
ࠦ࡯࠺ࠖࡦࠣᯏེߩ/+&++0ߣࠕࡦࡊ࡮࡝ࠕࡄࡀ࡞ߩ/+&+6*47ࠍធ⛯ߒ߹ߔޕ

9CTO%NGCPߣ5WRGT%TWPEJ㧔㧕ࠍ᛼ߒ⛯ߌ߹ߔޕ⑽ᓟߦ%TWPEJߩ.'&߇ὐṌࠍ㐿ᆎߒߡ
/+&+&WORࡕ࡯࠼ߦ౉ߞߚߎߣࠍ␜ߒ߹ߔޕ

ォㅍߔࠆߦ޽ߚࠅฃߌ౉ࠇ஥ᯏེߩḰ஻ࠍⴕ޿߹ߔޕ

ォㅍࠍ㐿ᆎߔࠆߦߪ%TWPEJࠍ᛼ߒߡߔ߫߿ߊ㔌ߒ߹ߔޕォㅍߒߡ޿ࠆ㑆ߪ%TWPEJ.'&߇ߔ
߫߿ߊὐṌߒ߹ߔޕὐṌ߇⚳ੌߔࠇ߫ォㅍ߇ቢੌߣߥࠅޔࠕࡦࡊߪㅢᏱߩᠲ૞ߦ߽ߤࠅ߹ߔޕࡈࠔ
ࠗ࡞ߪ/+&+ࠪࠬ࠹ࡓ࡮ࠛࠢࠬࠢ࡞࡯ࠪࡉ࡮ࡈࠔࠗ࡞ߣߒߡ࠮࡯ࡉߐࠇ߹ߔޕ

/+&+&WOR+P

એ೨࠮࡯ࡉߒߚࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫࠍࡠ࡯࠼ߔࠆߦߪޔ

/+&+࡟ࠦ࡯࠺ࠖࡦࠣᯏེߩ/+&+176ߣࠕࡦࡊ࡮࡝ࠕࡄࡀ࡞ߩ/+&++0ࠍធ⛯ߒߡޔએ೨ߦ⸥ᙘߐ
ߖߚ/+&+ࠪࠬ࠹ࡓ࡮ࠛࠢࠬࠢ࡞࡯ࠪࡉ࡮ࡈࠔࠗ࡞ࠍォㅍߒ߹ߔޕ

ࠕࡦࡊߪ⃻࿷ߩࡊࡠࠣ࡜ࡓ࠴ࠚࡦࠫࠍᣂߒ޿߽ߩߦᦠ߈឵߃߹ߔޕᠲ૞߇ቢੌߔࠇ߫ߟߩ࠴ࡖࡦࡀ
࡞ߩ.'&߇ߔ߫߿ߊ࿁ὐṌߒ߹ߔޕォㅍ߇ᄬᢌ߹ߚߪቢోߦⴕࠊࠇߥ߆ߞߚ႐วߪߟߩ.'&߇ࠁߞ
ߊࠅὐṌߒޔࠕࡦࡊߪㅢᏱߩᠲ૞ߦᚯࠅ߹ߔޕ

ᵈᗧ㧦ࡈࠔࠗ࡞ォㅍਛޔࠕࡦࡊߪ৻ᤨ⊛ߦ/+&+6*47߳࠺࡯࠲ࠍㅍࠆߎߣࠍਛᱛߒ߹ߔޕ

4GUVQTKPI(CEVQT[5GVVKPIU

Ꮏ႐಴⩄ᤨߩ⁁ᘒߦ߽ߤߔߦߪ㧧

ࠕࡦࡊߩࡄࡢ࡯ࠬࠗ࠶࠴ࠍ1HHߦߒߡ߆ࠄޔ9CTO%NGCPߣ5WRGT%TWPEJࠍ᛼ߒ⛯ߌ߹ߔޕ

਄⸥ࠬࠗ࠶࠴ࠍ᛼ߒ⛯ߌߥ߇ࠄޔࡄࡢ࡯ࠬࠗ࠶࠴ࠍ1Pߦߒ߹ߔޕ⑽ᓟోߡߩ࠴ࡖࡦࡀ࡞.'&߇࿁
ὐṌߒᎿ႐಴⩄ᤨߩ⁁ᘒߦᚯߞߚߎߣࠍ␜ߒ߹ߔޕ

4GCT2CPGN

/CKP+PRWV

㔚Ḯࠦ࡯࠼ࠍߎߎߦⵝ⌕ߒ߹ߔޕ࡝ࠕࡄࡀ࡞ߦ⸥タߐࠇߡ޿ࠆᚲቯߩ㔚࿶ޔ๟ᵄᢙࠍḩߚߒߚࠦࡦ
࠮ࡦ࠻ߦ౉ࠇࠆࠃ߁ߦߒߡߊߛߐ޿ޕਇ᣿ߥ႐วߪޔ⾗ᩰߩ޽ࠆᛛⴚ⠪߆ࠄࠕ࠼ࡃࠗࠬࠍᓧߡߊߛ
ߐ޿ޕ

/CKP(WUG

ࡔࠗࡦࡅࡘ࡯࠭ߩ୯ߪ࡝ࠕࡄࡀ࡞ߦ⸥タߒߡ޿߹ߔޕᱜߒߊߥ޿ࡅࡘ࡯࠭ߩ૶↪߿ޔࡃࠗࡄࠬߐߖ
ࠆߎߣߪ⛘ኻߦⴕࠊߥ޿ߢߊߛߐ޿ޕ

*6(WUG

*6ࡅࡘ࡯࠭ߩ୯ߪ࡝ࠕࡄࡀ࡞ߦ⸥タߒߡ޿߹ߔޕᱜߒߊߥ޿ࡅࡘ࡯࠭ߩ૶↪߿ޔࡃࠗࡄࠬߐߖࠆߎ
ߣߪ⛘ኻߦⴕࠊߥ޿ߢߊߛߐ޿ޕ

(QQVUYKVEJ

ઃዻࡈ࠶࠻ࠬࠗ࠶࠴ߪߎߎߦធ⛯ߒߡߊߛߐ޿ޕࡈ࠶࠻ࠬࠗ࠶࠴ߢ$TKIJV%NGCP9CTOV%NGCP
%TWPEJ5WRGT%TWPEJߩࡕ࡯࠼ಾࠅᦧ߃߇ⴕ߃߹ߔޕ

/+&+6*47

/+&++0ߢฃߌࠆ޽ࠄࠁࠆ࠺࡯࠲ߪ/+&+6*47ߦㅍࠄࠇ߹ߔޕߒߚ߇ߞߡઁߩ/+&+ᯏེࠍㅪ⛯ធ⛯ߔ
ࠆߎߣ߇಴᧪߹ߔޕ/+&+6*47ߪㆡಾߥ/+&+ࡔࡕ࡝࡯ᯏེ߳࠴ࡖࡦࡀ࡞࠮࡟ࠢ࠻ࡊࡠࠣ࡜ࡓ࠴ࠚࡦ
ࠫ࡮࠺࡯࠲ࠍォㅍߔࠆ㓙ޔ૶↪ߒ߹ߔޕ⹦ߒߊߪ/+&+%JCPPGN5YKVEJKPI㗄⋡ࠍෳᾖߒߡߊߛߐ޿ޕ
Ᏹߦ⦟⾰ߩ/+&+ࠤ࡯ࡉ࡞ࠍߏ೑↪ߊߛߐ޿ޕ

/+&++0

/+&+ߦࠃߞߡ࠴ࡖࡦࡀ࡞ࠍಾࠅᦧ߃ࠆ႐วޔ/+&+ᯏེࠍߎߎ߳ធ⛯ߒ߹ߔޕ

⹦ߒߊߪ/+&+%JCPPGN5YKVEJKPI㗄⋡ࠍෳᾖߒߡߊߛߐ޿ޕᏱߦ⦟⾰ߩ/+&+ࠤ࡯ࡉ࡞ࠍߏ೑↪ߊߛ
ߐ޿ޕ

+ORGFCPEG5GNGEVQT

ࠬࡇ࡯ࠞ࡯ߩࠗࡦࡇ࡯࠳ࡦࠬߦࠕࡦࡊߩࠗࡦࡇ࡯࠳ࡦࠬࠍ⸳ቯߒ߹ߔޕ

ធ⛯ߔࠆࠠࡖࡆࡀ࠶࠻ߦวߞߚࠗࡦࡇ࡯࠳ࡦࠬߦߒߡߊߛߐ޿ޕ

ࠠࡖࡆࡀ࠶࠻ធ⛯⁁ᘒ

+ORGFCPEG5GNGEVGF

ࠝ࡯ࡓࠠࡖࡆࡀ࠶࠻บ

1JOU

ࠝ࡯ࡓࠠࡖࡆࡀ࠶࠻บ

1JOU

ࠝ࡯ࡓࠠࡖࡆࡀ࠶࠻บ

1JOU

ࠝ࡯ࡓࠠࡖࡆࡀ࠶࠻บ

1JOU

ࠝ࡯ࡓࠠࡖࡆࡀ࠶࠻บ

1JOU

ࠬࡇ࡯ࠞ࡯ࠠࡖࡆࡀ࠶࠻߇ࠝ࡯ࡓࠃࠅዊߐ޿႐วޔ߹ߚߪZࠝ࡯ࡓߩ႐วߪធ⛯಴᧪߹ߖࠎޕ

⼊๔㧦ޓࠕࡦࡊߩࠗࡦࡇ࡯࠳ࡦࠬࠍ⺞▵ߔࠆ೨ߦᔅߕࠕࡦࡊᧄ૕ߩ㔚Ḯࠍቢోߦࠝࡈߦߒߡߊߛߐ
޿ޕߎࠇࠍⴕ߁ߎߣࠍᕃߞߚࠅޔᱜ⏕ߥࠗࡦࡇ࡯࠳ࡦࠬࡑ࠶࠴ࡦࠣࠍⴕࠊߥ߆ߞߚ႐วߪࠕࡦࡊߦ
࠳ࡔ࡯ࠫࠍฃߌࠆߎߣ߇޽ࠅ߹ߔޕ

5RGCMGT1WVRWVU

ࠬࡇ࡯ࠞ࡯ࠠࡖࡆࡀ࠶࠻ធ⛯↪ߩߟߩࡄ࡜࡟࡞࡮ࠬࡇ࡯ࠞ࡯ࠕ࠙࠻ࡊ࠶࠻ߢߔޕធ⛯ߩ㓙ߪᔅߕ
+ORGFCPEG5GNGEVQT㧔㧕ࠍᱜߒߊ࠮࠶࠻ߒߡߊߛߐ޿ޕ

5RGCMGT'OWNCVGF1WVRWV

࡟ࠦ࡯࠺ࠖࡦࠣ߿ࡒࠠࠨ࡯ធ⛯↪ߩࡃ࡞ࡉࠝ࡯ࡃ࡯࠼࡜ࠗࡉ࠻࡯ࡦߢࠬࡇ࡯ࠞ࡯ࠠࡖࡆࡀ࠶࠻߆ࠄ
ߩ㖸ࠍࠪࡒࡘ࡟࡯࠻ߒߚࠕ࠙࠻ࡊ࠶࠻ߢߔޕ⦟⾰ߩࠤ࡯ࡉ࡞ࠍ೑↪ߒߡߊߛߐ޿ޕࡈࠜ࡯ࡦ࡮ࠫࡖ
࠶ࠢߣࡃ࡜ࡦࠬ:.4┵ሶߩਔᣇ߇޽ࠅ߹ߔޕ

ᵈᗧ㧦ޓ㕒߆ߥ࡟ࠦ࡯࠺ࠖࡦࠣߩߚ߼ߦߪࠕࡦࡊࠍࠬ࠲ࡦࡃࠗࡕ࡯࠼ߦߒߡߊߛߐ޿ޕ

ࠬ࠲ࡦࡃࠗࡕ࡯࠼ߢߪࠬࡇ࡯ࠞ࡯ߦធ⛯ߖߕߦ5RGCMGT'OWNCVGF1WVRWV߆ࠄ࡟ࠦ࡯࠺ࠖࡦࠣߔࠆߎ
ߣ߽ߢ߈߹ߔޕૉߒࠬࡇ࡯ࠞ࡯߆ࠄߩࠤ࡯ࡉ࡞߇ࠕࡦࡊᧄ૕ߩࠬࡇ࡯ࠞ࡯ࠕ࠙࠻ߦធ⛯ߐࠇߡ޿ߥ
޿ߎߣࠍ⏕⹺ߒߡߊߛߐ޿ޕ⽶⩄଻⼔࿁〝ߦ⽶ᜂ߇߆߆ࠅࠕࡦࡊ᡿㓚ߩේ࿃ߣߥࠅ߹ߔޕ

'HHGEVU.QQR.GXGN

ࠛࡈࠚࠢ࠻࡞࡯ࡊߩ࡟ࡌ࡞ࠍF$8߆F$8ߦಾࠅᦧ߃߹ߔޕ࡜࠶ࠢᑼࠛࡈࠚࠢ࠲࡯ࠍធ⛯ߔࠆ႐ว
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