Dilution of share value through the exercise of stock acquisition rights
First written in FY2024. 2 of 4 entries say "Mitigated", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
53 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「As of the date of submission of this document, the number of potential shares represented by these stock acquisition rights was 1,088,259, equivalent to 1.02% of the 106,813,093 shares issued.」
The potential dilution ratio declined from 4.56% in the previous fiscal year to 1.02%. In FY2026, 3,699,316 shares were issued upon the exercise of stock acquisition rights, reducing the remaining dilution exposure. - FY2025MitigatedAnnual report
「As of the date of filing this document, the number of potential shares represented by these stock acquisition rights was 4,730,578, equivalent to 4.56% of the 103,199,774 issued shares.」
Although 2,992,370 shares were issued through the exercise of stock acquisition rights during the fiscal year, potential shares as of the filing date decreased from 7,037,371 to 4,730,578. Part of the dilution occurred, while the remaining potential dilution declined. - FY2025-H1MaterialisedAnnual report
「Change in the number of issued shares: 1,784,896 shares (Note) The increase resulted from the exercise of stock acquisition rights.」
The exercise of stock acquisition rights resulted in the issuance of 1,784,896 shares, and part of the previously identified dilution risk materialized as an actual increase in shares. The remaining number of potential shares was not disclosed in this filing. - FY2024First statedAnnual report
「As of the date of filing this document, the number of potential shares represented by these stock acquisition rights was 7,037,371, equivalent to 6.98% of the 100,866,819 issued shares.」
The company discloses the possibility of stock acquisition rights granted as incentives to officers and employees being exercised as a dilution risk.