Impact of Stock Option Exercises on Share Value and Share Price Formation
First written in FY2017-Q3. 8 of 16 entries say "Materialised", first in FY2018-Q1. Latest entry: FY2025.
Yoshimura Food Holdings K.K. moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
53 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「After rights were established (shares) End of previous consolidated fiscal year 174,500 Exercised 144,500 Expired 30,000 Unexercised balance —」
The exercise of 144,500 shares and expiration of the remaining 30,000 shares reduced the unexercised balance to zero, eliminating the remaining dilution risk from the disclosed share options. - FY2025-Q1MaterialisedAnnual report
「1 March 2024–31 May 2024 (Note) 1. 144,500 24,021,121 14,912 1,140,188 14,912 1,140,175 (Note) 1. Between 1 March 2024 and 31 May 2024, the total number of shares issued increased by 144,500 through the exercise of share options, while share capital and capital reserves each increased by ¥14.912 million.」
During the first quarter, 144,500 shares were issued through the exercise of share options, and share capital and capital reserves increased. - FY2024Update unexercised balance and exercise resultsAnnual report
「Exercise 53,000 Expired — Unexercised balance 174,500」
53,000 shares were exercised during the year, leaving an unexercised balance of 174,500 shares. The exercise period is stated as ending on 23 May 2024. - FY2024-Q1MaterialisedAnnual report
「Between 1 March 2023 and 31 May 2023, the number of issued shares increased by 53,000 through the exercise of stock acquisition rights, while capital stock and capital surplus each increased by ¥5.469 million.」
The issuance of 53,000 shares through the exercise of stock acquisition rights and the increase in capital stock and capital surplus actually occurred during the first quarter. - FY2021MitigatedAnnual report
「Remaining unexercised: 227,500」
The number of unexercised stock acquisition rights was equivalent to 227,500 shares, down from 490,000 shares at the end of the previous fiscal year. The risk of dilution remains. - FY2021-Q2RestatedAnnual report
「Proceeds of ¥50.454 million from the issuance of shares through the exercise of stock acquisition rights」
Proceeds from the issuance of shares through the exercise of stock acquisition rights were recorded during the second quarter cumulative period, and the increase in the number of shares continued. - FY2021-Q1MaterialisedAnnual report
「1 March 2020–31 May 2020 (Note) 247,500 22,419,295 25,542 553,383 25,542 553,383 (Note) Increase due to the exercise of stock acquisition rights.」
The number of shares increased by 247,500 through the exercise of stock acquisition rights, meaning that an increase in shares leading to dilution of share value actually occurred during the quarter. - FY2020MitigatedAnnual report
「As of the end of May, the number of potential shares represented by stock acquisition rights was 242,500, equivalent to 1.1% of the total of 22,661,795 issued shares and potential shares represented by stock acquisition rights.」
Although 256,100 shares were issued through the exercise of stock acquisition rights, the remaining potential shares declined from 650,000 shares and 2.9% to 242,500 shares and 1.1%. - FY2020-Q3MaterialisedAnnual report
「1 September 2019–30 November 2019 (Note) 5,000 22,169,295 516 527,583 516 527,583 (Note) Increase due to the exercise of stock acquisition rights.」
The number of shares increased by 5,000 during the third quarter through the exercise of stock acquisition rights, meaning that an increase in shares leading to dilution continued to occur. - FY2020-Q2MaterialisedAnnual report
「1 June 2019–31 August 2019 (Note) 137,500 22,164,295 14,190 527,067 14,190 527,067 (Note) Increase due to the exercise of stock acquisition rights.」
137,500 shares were issued during the second quarter through the exercise of stock acquisition rights, increasing the number of issued shares, capital stock and capital surplus. - FY2020-Q1MaterialisedAnnual report
「1 March 2019–31 May 2019 (Note) 111,100 22,026,795 9,443 512,877 9,443 512,877 (Note) Increase due to the exercise of stock acquisition rights.」
The number of shares increased by 111,100 during the first quarter through the exercise of stock acquisition rights, meaning that an increase in shares leading to dilution of share value actually occurred. - FY2019WorsenedAnnual report
「As of the end of May, the number of potential shares represented by stock acquisition rights was 650,000, equivalent to 2.9% of the total of 22,676,795 issued shares and potential shares represented by stock acquisition rights. If these stock acquisition rights are exercised in the future, they could dilute the value of the Company's shares, affect the supply-demand balance and influence the formation of the Company's share price.」
The number of potential shares was updated to 650,000 and the dilution ratio to 2.9%, increasing the remaining potential shares from the previous 151,500 shares and 0.7%. - FY2019-Q1MaterialisedAnnual report
「(Note) Increase due to exercise of stock acquisition rights.」
The number of shares increased by 40,400 during the first quarter through the exercise of stock acquisition rights, meaning that an increase in shares leading to dilution actually occurred. - FY2018Updated the number and ratio of remaining potential shares.Annual report
「As of the fiscal year-end, the number of potential shares represented by stock acquisition rights was 151,500, equivalent to 0.7% of the total of 22,026,795 issued shares and potential shares represented by stock acquisition rights.」
Updating the remaining potential shares and dilution ratio following the stock split and exercise of stock acquisition rights. - FY2018-Q1MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
The number of shares increased by 26,260 during the quarter through the exercise of stock acquisition rights, meaning that part of the event previously described as a future exercise has actually occurred. - FY2017-Q3First statedAnnual report
「The Group grants stock acquisition rights to directors of the Company and its subsidiaries and to employees of the Company to motivate them to improve performance. As of the end of the consolidated fiscal year, the number of potential shares represented by stock acquisition rights was 56,560, equivalent to 1.4% of the total of 4,105,359 issued shares and potential shares represented by stock acquisition rights. If these stock acquisition rights are exercised in the future, they could dilute the value of the Company's shares, affect the supply-demand balance and influence the formation of the Company's share price.」
Showing 56,560 potential shares and their 1.4% share of the total number of shares, and describing the potential impact of future exercise on dilution, the supply-demand balance and share price formation.