Dilution of Share Value and Voting Rights Through the Exercise of Stock Acquisition Rights
First written in FY2023. 2 of 7 entries say "Restated". Latest entry: FY2026-H1.
Hatch Work 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.
32 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「Number of stock acquisition rights (units) * 450; class, details and number of shares underlying stock acquisition rights (shares) * Common shares 45,000」
The Company newly granted stock acquisition rights equivalent to 45,000 shares as the seventh series. In addition, 2,000 shares increased through exercises from January to June 2026, documenting both potential and actual increases in shares. - 2026-04-15WorsenedShare Issuance and Disposal
「If all of these stock acquisition rights are exercised, the total number of common shares of the Company that would increase would be approximately 2.35% of the 1,918,600 issued shares.」
The issuance of the stock acquisition rights introduces a potential source of future share dilution, assuming exercise. Because the rights are subject to exercise conditions, dilution has not occurred at this time. - FY2025MitigatedAnnual report
「As of the filing date, the number of potential shares from stock acquisition rights was 110,300, equivalent to 5.7% of total shares issued after excluding treasury shares.」
Although shares continue to be issued upon exercise of stock acquisition rights, potential shares declined from 184,400, or 11.1%, disclosed for FY2023 to 110,300, or 5.7%. - FY2025-H1MaterialisedAnnual report
「30 April 2025 (Note) Common shares 1,400 (Note) Increase due to the exercise of stock acquisition rights.」
The exercise of stock acquisition rights resulted in the issuance of 1,400 shares, an actual dilution-related event. - FY2024-H1RestatedAnnual report
「During the interim accounting period from 1 January 2024 to 30 June 2024, there were no material changes in the business and other risks described in the annual securities report for the previous fiscal year.」
No material change was reported in the risk of dilution of share value and voting rights upon exercise of stock acquisition rights. - FY2024-Q1RestatedAnnual report
「During the first quarter cumulative period from 1 January 2024 to 31 March 2024, there were no material changes in the business and other risks described in the annual securities report for the previous fiscal year.」
No material change was reported in the risk of dilution of share value and voting rights upon exercise of stock acquisition rights. - FY2023First statedAnnual report
「As of the filing date, the number of potential shares from stock acquisition rights was 184,400, equivalent to 11.1% of total shares issued after excluding treasury shares.」
Stock acquisition rights have been granted to directors and employees, and the Company continues to consider using share-based compensation.