Dilution of Share Value from the Exercise of Stock Acquisition Rights
First written in FY2024. 2 of 4 entries say "Worsened", first in FY2026-H1. Latest entry: FY2026.
Jinjib moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
32 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「As of the end of the fiscal year, potential shares represented 7.67% of the total number of shares issued.」
The proportion of potential shares increased from 6.14% previously to 7.67%, increasing the dilution risk from the exercise of stock acquisition rights. - FY2026-H1WorsenedAnnual report
「Resolution of the Board of Directors dated 12 September 2025: Sixth Series of Stock Acquisition Rights: 600 rights (60,000 common shares); Seventh Series of Stock Acquisition Rights: 410 rights (41,000 common shares)」
The Sixth and Seventh Series of Stock Acquisition Rights were newly disclosed, representing a total of 101,000 potential shares. The change in the dilution rate relative to total shares issued is not explicitly stated in this semi-annual report. - FY2025MitigatedAnnual report
「As of the end of the fiscal year, potential shares represented 6.14% of the total number of shares issued.」
The proportion of potential shares declined from 6.54% previously to 6.14%, while the potential dilution from the exercise of stock acquisition rights continues to be disclosed. - FY2024First statedAnnual report
「As of the end of the current fiscal year, potential shares represented 6.54% of the total number of issued shares.」
The company states that the exercise of stock acquisition rights granted to officers and employees could dilute existing shareholders’ equity value and voting rights.