Risk That Stock Option Exercises Will Affect Per-Share Value and the Share Price
First written in FY2018. 5 of 7 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
4 other companies' latest entry also says "Dropped".
- FY2020DroppedAnnual report
「Stock option plan There are no applicable items.」
For the fiscal year, there were no applicable stock option plans, stock acquisition rights or similar instruments, and the previously separate disclosure of the risks of dilution and share price impact arising from exercise has been removed. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated that there have been no material changes in the risk of the impact of stock option exercises on equity value and share price. - FY2020-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated that there have been no material changes in the risk of the impact of stock option exercises on equity value and share price. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated in a consolidated entry that there have been no material changes in the risk of the impact of stock option exercises on equity value and share price. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated in a consolidated entry that there have been no material changes in the risk of the impact of stock option exercises on equity value and share price. - FY2019-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated in a consolidated entry that there have been no material changes in the risk of the impact of stock option exercises on equity value and share price. - FY2018First statedAnnual report
「If the rights are exercised, the equity value per share may be diluted. In addition, if shares acquired through the exercise of stock acquisition rights are sold in the market, market supply and demand may change, potentially affecting share price formation.」
Assuming the future grant and exercise of stock acquisition rights, the disclosure expressly identifies dilution of existing shareholders' equity value and the impact on share price formation as risks.