Dilution of Existing Shareholders from Stock Option Exercise
First written in FY2024. 3 of 5 entries say "Materialised", first in FY2026-H1. Latest entry: FY2026.
VRAIN Solution moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
71 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「As of the date of filing this document, the number of potential shares from stock acquisition rights was 52,000, equivalent to 0.5% of the 10,256,000 issued shares.」
Issued shares increased by 146,000 during the fiscal year through the exercise of stock acquisition rights, causing additional dilution. Potential shares had declined to 52,000 as of the filing date. - 2026-05-01MaterialisedGeneral Meetings of Shareholders
「(Note) The total number of issued shares increased by 146,000 shares through the exercise of stock acquisition rights.」
The disclosure states that the number of issued shares increased by 146,000 through the exercise of stock acquisition rights, indicating further dilution from the previously reported 123,000 shares. - FY2026-H1MaterialisedAnnual report
「123,000 10,233,000 3 13 3 292 (Note) Increase resulting from the exercise of stock acquisition rights.」
The exercise of stock acquisition rights increased issued shares by 123,000, resulting in dilution for existing shareholders. - FY2025RestatedAnnual report
「As of the date of filing this document, the number of potential shares from stock acquisition rights was 198,000, equivalent to 2.0% of the 10,110,000 issued shares.」
The Company continues to disclose the quantitative dilution risk from stock-option exercises. - FY2024First statedAnnual report
「As of the date of filing this document, the number of potential shares from stock acquisition rights was 198,000, equivalent to 2.0% of the 10,110,000 issued shares.」
The Company discloses the possibility of granting stock acquisition rights as incentives for officers and employees and dilution upon exercise.