Potential Dilution from the Exercise of Stock Acquisition Rights
First written in FY2023. 5 of 6 entries say "Materialised", first in FY2024. Latest entry: FY2026-H1.
Thinca 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.
69 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「This reflected repayment of ¥30,000 thousand in short-term borrowings and ¥15,218 thousand in proceeds from the issuance of shares upon exercise of stock acquisition rights.」
Shares were actually issued upon exercise of stock acquisition rights during the interim accounting period. Shares issued increased from 3,206,320 at the end of December 2025 to 3,274,620 at the end of June 2026. - FY2025MaterialisedAnnual report
「As of the end of December 2025, 283,680 shares had been granted, and the ratio of potential shares to the total number of shares issued was 8.8%. If these stock acquisition rights are exercised, shares in the company will be issued, potentially diluting the value and voting rights of existing shareholders.」
42,000 shares were issued through the exercise of stock acquisition rights during 2025, converting part of the potential shares into issued shares. The potential-share ratio at the end of the fiscal year was 8.8%. - 2026-03-05MaterialisedGeneral Meetings of Shareholders
「Issuance of new shares through the exercise of stock acquisition rights 26,498」
New shares were issued through the exercise of stock acquisition rights during the fiscal year ended December 2025, increasing both stated capital and capital surplus by ¥13.249 million. - FY2025-H1MaterialisedAnnual report
「Increase through the issuance of new shares upon exercise of stock acquisition rights: 22,000 shares.」
During the interim accounting period, 22,000 shares were issued through the exercise of stock acquisition rights, converting part of the potential shares into issued shares. - FY2024MaterialisedAnnual report
「The details of the increase in common shares are as follows: increase through the issuance of new shares in a public offering associated with the listing on the Tokyo Stock Exchange Growth Market: 467,000 shares; increase through the issuance of new shares upon exercise of stock acquisition rights: 5,000 shares.」
5,000 shares were actually issued through the exercise of stock acquisition rights. As of the end of December 2024, 370,840 shares had been granted and the potential-share ratio was 11.7%, down from 392,640 shares and 14.6% at the end of the previous fiscal year. - FY2023First statedAnnual report
「As of the end of December 2023, 392,640 shares had been granted, and the ratio of potential shares to the total number of shares issued was 14.6%.」
Discloses the potential dilution of existing shareholders’ value and voting rights through the exercise of stock acquisition rights granted to directors, officers and employees.