Dilution of Shareholder Value Through Stock Options
First written in FY2022. 8 of 9 entries say "Materialised", first in FY2023-Q1. Latest entry: FY2026.
Choei moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2017: 40 of 72 companies on the "Worse" side.
67 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Exercised 23,300; expired 300; unexercised balance 112,500」
During the fiscal year, stock acquisition rights covering 23,300 shares were exercised and those covering 300 shares expired, leaving an unexercised balance of 112,500 shares. Potential shares continue to be converted into actual shares. - 2026-06-02MaterialisedGeneral Meeting of Shareholders
「当事業年度の末日において当社役員が保有している職務執行の対価として交付した新株予約権の状況」
当事業年度末に役員が保有する新株予約権112,500個（目的となる株式112,500株）を開示している。未行使の潜在株式が残存していることを示している。 - FY2025MaterialisedAnnual report
「Exercised 22,600; expired 3,600; unexercised balance 136,100」
During the fiscal year, stock acquisition rights covering 22,600 shares were exercised and those covering 3,600 shares expired, leaving an unexercised balance of 136,100 shares. While potential shares continue to be converted into actual shares, the unexercised balance declined from 162,300 shares at the end of the previous fiscal year. - FY2025-H1MaterialisedAnnual report
「Proceeds of ¥3.5 million from the disposal of treasury shares upon the exercise of stock acquisition rights」
During the interim period, the company recognized proceeds of ¥3.5 million from the disposal of treasury shares upon the exercise of stock acquisition rights, with some potential shares continuing to be converted into actual shares. - FY2024MaterialisedAnnual report
「Exercised 63,300; expired 5,500; unexercised balance 162,300」
During the fiscal year, stock acquisition rights covering 63,300 shares were exercised and those covering 5,500 shares expired, leaving an unexercised balance of 162,300 shares at the end of the period. Some potential shares continue to be converted into actual shares. - FY2023MaterialisedAnnual report
「Exercised 105,200; expired 3,700; unexercised balance 231,100」
During the fiscal year, stock acquisition rights covering 105,200 shares were exercised and those covering 3,700 shares expired, leaving an unexercised balance of 231,100 shares at the end of the period. Some potential shares continue to be converted into actual shares. - FY2023-Q2MaterialisedAnnual report
「The increase resulted from the exercise of stock acquisition rights.」
The total number of issued shares increased by 7,000 through the exercise of stock acquisition rights between 1 July and 30 September 2022, with some potential shares being converted into actual shares. - FY2023-Q1MaterialisedAnnual report
「The increase resulted from the exercise of stock acquisition rights.」
The number of issued shares increased by 100 during the quarter through the exercise of stock acquisition rights and by a further 7,000 through the filing date, with some potential shares being converted into actual shares. - FY2022First statedAnnual report
「As of the end of the fiscal year, the number of potential shares from stock acquisition rights was 340,000, representing 7.07% of the total number of shares, including potential shares.」
The company reports 340,000 shares underlying stock acquisition rights and a potential share ratio of 7.07%, and describes the possibility of dilution upon exercise.