10% revenue growth and monthly revenue above ¥2 billion
First written in FY2017-Q3. 3 of 7 entries say "Raised", first in FY2018-Q2. Latest entry: FY2023.
29 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「Revenue was ¥76,463 million, up 11.7% year on year.」
Revenue for the fiscal year ending March 2023 increased 11.7% year on year, indicating measurable progress during the year toward the condition requiring annual revenue to increase by at least 10% from the immediately preceding fiscal year. This disclosure alone does not confirm that the monthly revenue conditions were achieved for the full year. - FY2022RestatedAnnual report
「In each Applicable Consolidated Fiscal Year, revenue must exceed revenue for the immediately preceding consolidated fiscal year, and the increase must be at least 10% of revenue for that immediately preceding consolidated fiscal year.」
The condition requiring annual revenue to increase by at least 10% from the immediately preceding fiscal year and the staged monthly revenue targets of ¥4.3 billion to ¥5.3 billion were restated. - FY2021-Q2RestatedAnnual report
「Monthly revenue during each applicable period must exceed the relevant target at least twice, including ¥4.3 billion for the period from 1 April 2020 to 30 September 2020 and ¥4.5 billion for the period from 1 October 2020 to 31 March 2021.」
The staged monthly revenue targets of ¥4.3 billion to ¥5.3 billion and the condition requiring annual revenue to increase by at least 10% were restated. - FY2021-Q1RaisedAnnual report
「With respect to revenue reported in the consolidated statements of income included in the Company's securities reports for each of the consolidated fiscal years ending March 2021, March 2022 and March 2023 (the "Applicable Consolidated Fiscal Years"), revenue for each Applicable Consolidated Fiscal Year must exceed revenue for the immediately preceding consolidated fiscal year, and the increase must be at least 10% of revenue for that immediately preceding consolidated fiscal year. (ii) Monthly revenue during each applicable period specified in (a) through (f) below must exceed the corresponding target at least twice. (a) Applicable period: 1 April 2020 to 30 September 2020; target: ¥4.3 billion. (b) Applicable period: 1 October 2020 to 31 March 2021; target: ¥4.5 billion. (c) Applicable period: 1 April 2021 to 30 September 2021; target: ¥4.7 billion. (d) Applicable period: 1 October 2021 to 31 March 2022; target: ¥4.9 billion. (e) Applicable period: 1 April 2022 to 30 September 2022; target: ¥5.1 billion. (f) Applicable period: 1 October 2022 to 31 March 2023; target: ¥5.3 billion.」
Conditions were set for revenue to increase by at least 10% year on year in each fiscal year from the fiscal year ending March 2021 through the fiscal year ending March 2023, and the monthly revenue targets were raised in stages from ¥4.3 billion to ¥5.3 billion. These levels are higher than the previous targets of ¥2.6 billion to ¥3.6 billion. - FY2019-Q1RaisedAnnual report
「In each of the consolidated fiscal years ending March 2019, March 2020 and March 2021, revenue must exceed revenue for the immediately preceding consolidated fiscal year, and the amount of the increase must exceed 10% of revenue for that immediately preceding consolidated fiscal year. Monthly revenue during each applicable period specified in (a) through (f) below must exceed the corresponding target at least twice. (a) Applicable period: 1 April 2018 to 30 September 2018; target: ¥2.6 billion. (b) Applicable period: 1 October 2018 to 31 March 2019; target: ¥2.8 billion. (c) Applicable period: 1 April 2019 to 30 September 2019; target: ¥3.0 billion. (d) Applicable period: 1 October 2019 to 31 March 2020; target: ¥3.2 billion. (e) Applicable period: 1 April 2020 to 30 September 2020; target: ¥3.4 billion. (f) Applicable period: 1 October 2020 to 31 March 2021; target: ¥3.6 billion.」
The condition requiring revenue to increase by more than 10% year on year was set for each fiscal year from the fiscal year ending March 2019 through the fiscal year ending March 2021, while the monthly revenue targets were raised in stages from ¥2.6 billion, ¥2.8 billion, ¥3.0 billion, ¥3.2 billion, ¥3.4 billion and ¥3.6 billion, compared with the previous ¥2.0 billion and ¥2.15 billion thresholds. - FY2018-Q2RaisedAnnual report
「If total revenue for the period from 1 October 2016 to 30 September 2017 increases by at least 10% compared with total revenue for the period from 1 October 2015 to 30 September 2016, and monthly revenue exceeds ¥2.15 billion at least once during the period from 1 October 2016 to 31 December 2017, the holders of the stock acquisition rights may exercise the stock acquisition rights allotted to them, up to the percentage specified for any one of the conditions (a) through (d) below that is satisfied.」
The condition requiring revenue to increase by at least 10% was retained, while the monthly revenue threshold was raised from ¥2.0 billion to ¥2.15 billion and the assessment period was extended through 31 December 2017. - FY2017-Q3First statedAnnual report
「If total revenue for the period from 1 October 2016 through 30 September 2017 increases by at least 10% compared with total revenue for the period from 1 October 2015 through 30 September 2016, and monthly revenue exceeds ¥2 billion at least once during the period from 1 October 2016 through 30 September 2017, the holders of the stock acquisition rights may exercise them up to the percentage specified for any of the conditions from (a) through (d) that is satisfied.」
The exercise conditions for the Ninth Series of Stock Acquisition Rights required revenue growth of at least 10% for October 2016 to September 2017 and monthly revenue above ¥2 billion during the same period.