Stock Acquisition Rights Linked to Cumulative Operating Profit
First written in FY2017-Q1. 1 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2020: 2 of 16 companies on the "Worse" side.
7 other companies' latest entry also says "Achieved".
- FY2019AchievedAnnual report
「Vested: 650,000」
Cumulative operating profit for the fiscal years ending February 2017 through February 2019 totaled ¥1,379.886 million, comprising ¥530.505 million, ¥494.451 million and ¥354.930 million, respectively, reaching the condition for 100% exercisability upon exceeding ¥1,300 million. Stock options for 650,000 shares are reported as vested. - FY2018RestatedAnnual report
「If the cumulative operating profit reported in the consolidated statements of income (or, if consolidated statements of income are not prepared, the statements of income) included in the securities reports for the fiscal years ending February 2017 through February 2019 meets any of the conditions set out in (a) through (c) below」
The exercise conditions based on cumulative operating profit of ¥1,100 million, ¥1,200 million and ¥1,300 million are reiterated. - FY2017-Q1First statedAnnual report
「If the cumulative operating profit reported in the consolidated statements of income (or, if consolidated statements of income are not prepared, the statements of income) included in the securities reports for the fiscal years ending February 2017 through February 2019 meets any of the conditions set out in (a) through (c) below, holders of these stock acquisition rights may exercise up to the stated percentage (the “exercisable percentage”) of the stock acquisition rights allocated to each holder. (a) If it exceeds ¥1,100 million: exercisable percentage: 30%; (b) if it exceeds ¥1,200 million: exercisable percentage: 60%; (c) if it exceeds ¥1,300 million: exercisable percentage: 100%.」
The cumulative operating profit for the fiscal years ending February 2017 through February 2019 is set as an exercise condition for stock acquisition rights granted to officers and employees.