Premium Water Holdings (2588) · TargetRestated
Annual average churn rate below 1.9%
First written in FY2019-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022.
2entries
5years
0from disclosures
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Customer-Cancellation-Rate-Linked Stock Acquisition RightsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2022RestatedAnnual report
「For each of the consolidated fiscal years ending March 2019, March 2020, and March 2021, the annual average churn rate for the total number of contracts held by our group must be below 1.9%.」
Reiterates the condition that the annual average churn rate for contracts held be below 1.9% as an exercise condition for stock acquisition rights. - FY2019-Q1First statedAnnual report
「For each consolidated fiscal year from the fiscal year ending March 2019 through the fiscal year ending March 2021, the annual average cancellation rate for the Group’s total number of contracts held, as designated by the Company’s Board of Directors as a key performance indicator, must be below 1.9%.」
An annual average cancellation rate below 1.9% for the number of contracts held was set as an exercise condition for paid stock options for the fiscal years ending March 2019 through March 2021.