Risk of a Decline in the Share Price Associated with Cash-Settled Forward Transactions on the Company's Own Shares
First written in FY2022. 3 of 9 entries say "Worsened", first in FY2024-Q2. Latest entry: FY2025.
MarketEnterprise moved to the "Worse" side of this theme in 2022.
0 other companies' latest entry also says "Achieved".
- FY2025AchievedAnnual report
「The main component of non-operating income was the derivative cancellation gain arising from the cancellation of the “cash-settled prepaid forward transaction agreement on the Company’s own shares” with 株式会社ＳＢＩ証券.」
The cancellation of the cash-settled prepaid forward transaction on the Company’s own shares was completed, and a derivative cancellation gain of ¥143.700 million was recognized in the current fiscal year. There were no derivative transactions as of the end of the consolidated fiscal year. - FY2025-H1MitigatedAnnual report
「On 14 February 2025, the Company notified 株式会社ＳＢＩ証券 (hereinafter, “ＳＢＩ証券”) of a partial early termination, with 21 February 2025 designated as the early termination reference date.」
The Company notified ＳＢＩ証券 of a partial early termination of the cash-settled prepaid forward transaction on its own shares, covering up to 200,000 shares. It also recognized a derivative valuation gain of ¥113.700 million during the interim period. - FY2024WorsenedAnnual report
「The main component of non-operating expenses was the derivative valuation loss arising from the decline in the Company’s share price under the “cash-settled prepaid forward transaction agreement on the Company’s own shares” announced on 14 September 2022 with 株式会社ＳＢＩ証券.」
A derivative valuation loss of ¥197.400 million was recognized from the cash-settled prepaid forward transaction on the Company’s own shares, resulting in a financial impact from the decline in the share price for the full fiscal year. - FY2024-Q3WorsenedAnnual report
「Derivative valuation losses - 279,500」
Derivative valuation losses related to the cash-settled prepaid forward transaction on the Company’s own shares totaled ¥279.500 million for the first three quarters, increasing from the cumulative ¥191.700 million disclosed previously. - FY2024-Q2WorsenedAnnual report
「Derivative valuation losses - 191,700」
A cumulative derivative valuation loss of ¥191.700 million related to the cash-settled prepaid forward transaction on the Company’s own shares was recognized through the second quarter, increasing the financial impact of a decline in the share price. - FY2024-Q1MaterialisedAnnual report
「Derivative valuation losses 11,600 104,700」
A derivative valuation loss of ¥104.700 million related to the cash-settled prepaid forward transaction on the Company’s own shares was recognized, increasing from ¥11.600 million in the first quarter of the previous fiscal year. - FY2023Recognition of valuation gain from a rise in the share priceAnnual report
「The main component of non-operating income was the derivative valuation gain arising from the rise in the Company’s share price under the “cash-settled prepaid forward transaction agreement on the Company’s own shares” announced on 14 September 2022 with 株式会社ＳＢＩ証券」
A derivative valuation gain of ¥219.900 million was recognized in connection with the cash-settled prepaid forward transaction on the Company’s own shares due to the rise in the share price. The risk of paying the settlement amount if the share price declines remains. - FY2023-Q1MaterialisedAnnual report
「The increase in investments and other assets was primarily due to the posting of collateral in connection with the execution of a cash-settled prepaid forward transaction on the Company’s own shares with 株式会社ＳＢＩ証券.」
The Company executed a cash-settled prepaid forward transaction on its own shares and posted collateral. It also recognized a derivative valuation loss of ¥11.600 million during the quarter, resulting in a financial impact related to the transaction. - FY2022First statedAnnual report
「Settlement price at maturity > forward price --- Gain received by the Company on settlement (benefit from a rise in the share price) Settlement price at maturity < forward price --- Loss paid by the Company on settlement (risk from a decline in the share price)」
The Company entered into a cash-settled prepaid forward transaction on its own shares covering 400,000 shares, with a term from 14 September 2022 to 14 September 2024, and newly disclosed the risk that the Company would pay the settlement amount if the share price declined.