Share Dilution from Stock Options
First written in FY2024. 3 of 5 entries say "Mitigated", first in FY2024. Latest entry: 2026-06-01.
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
32 other companies' latest entry also says "Worsened".
- 2026-06-01WorsenedShare Issuance and Disposal
「We hereby announce that the exercise prices of share acquisition rights (stock options) will be adjusted in connection with the issuance of new shares through the private placement resolved at the Board of Directors meeting held on 15 May 2026.」
The exercise prices of the first, third, fourth, and fifth series of share acquisition rights were reduced from ¥898 to ¥828, ¥1,194 to ¥1,032, and ¥700 to ¥692, respectively. The changes to the terms of the share acquisition rights made the disclosure of existing dilution risk more specific. - FY2025MitigatedAnnual report
「なお、本書提出日現在における新株予約権による潜在株式数は182,300株であり、発行済株式総数の12.4%に相当しております。」
新株予約権による潜在株式数が242,600株・16.6%から182,300株・12.4%へ減少し、希薄化エクスポージャーが低下した。 - 2026-03-04MitigatedGeneral Meetings of Shareholders
「The sixth series of share acquisition rights issued pursuant to a resolution of the Board of Directors dated 22 December 2023 expired on 7 April 2025 when it was determined that the exercise conditions would not be met.」
The Company disclosed the expiration of the sixth series of share acquisition rights, while also describing the remaining first and fourth series, among others. - FY2024MitigatedAnnual report
「本書提出日現在における新株予約権による潜在株式数は242,600株であり、発行済株式総数の16.6%に相当しております。」
潜在株式数が前回記載の254,700株・17.5%から242,600株・16.6%へ減少している。 - FY2024First statedAnnual report
「本書提出日現在における新株予約権による潜在株式数は254,700株であり、発行済株式総数の17.5%に相当しております。」
新株予約権の行使により、既存株主の株式価値・議決権割合が希薄化する可能性を示している。潜在株式数は254,700株で発行済株式総数の17.5%。