Condition to achieve ¥1.65 billion in operating profit before goodwill amortization
First written in FY2018. 2 of 6 entries say "Restated". Latest entry: 2026-08-14.
The whole theme swung hardest in 2020: 2 of 18 companies on the "Worse" side.
2 other companies' latest entry also says "First stated".
- 2026-08-14First statedGovernance
「Under this option agreement, our officers and employees will share the same perspective as shareholders and be further motivated to expand the company’s performance and enhance corporate value over the medium to long term.」
The company introduced an agreement covering 71,000 shares held by the representative director, under which officers and employees may exercise call options if consolidated operating profit for the fiscal year ending March 2027 reaches a specified level. - FY2026ReframedAnnual report
「The holders of the bonds with stock acquisition rights may exercise the stock acquisition rights attached to the bonds if the company’s operating profit exceeds ¥500 million in any one of the 3 fiscal years from the fiscal year ending March 2026 through the fiscal year ending March 2028. Exercise may begin on the day following the filing date of the securities report for the fiscal year in which that operating-profit level is first achieved.」
In place of the previous condition requiring operating profit before goodwill amortization of ¥1.65 billion, the exercise condition for the convertible bond-type bonds with stock acquisition rights is that operating profit exceed ¥500 million in any one of the fiscal years from the fiscal year ending March 2026 through the fiscal year ending March 2028. - FY2026-H1DroppedAnnual report
「The Second Series of Stock Acquisition Rights issued pursuant to a resolution of the Board of Directors meeting held on 8 March 2018 ceased to exist on 2 June 2025, when it was determined that the exercise conditions would not be met. The Third Series of Stock Acquisition Rights issued pursuant to a resolution of the Board of Directors meeting held on 8 March 2018 ceased to exist on 2 June 2025, when the exercise period expired.」
The Second Series of Stock Acquisition Rights, which were subject to operating profit before goodwill amortization exceeding ¥1.65 billion, ceased to exist after it was determined that the exercise conditions would not be met, while the Third Series of Stock Acquisition Rights ceased to exist upon expiration of the exercise period. - FY2021RestatedAnnual report
「The beneficiaries may exercise the stock acquisition rights granted to them only if operating profit before goodwill amortization exceeds ¥1.65 billion at least once in any one of the fiscal years from the fiscal year ending March 2019 through the fiscal year ending March 2025. Operating profit before goodwill amortization is calculated by adding the amount of goodwill amortization shown in the consolidated statement of cash flows to operating profit shown in the consolidated income statement included in the securities report filed by the company.」
The company continues to maintain the target of exceeding ¥1.65 billion in operating profit before goodwill amortization in any one of the fiscal years from the fiscal year ending March 2019 through the fiscal year ending March 2025 as a condition. - FY2019RestatedAnnual report
「The holders of the stock acquisition rights may exercise the stock acquisition rights granted to them only if operating profit before goodwill amortization exceeds ¥1.65 billion at least once in any one of the 7 fiscal years from the fiscal year ending March 2019 through the fiscal year ending March 2025.」
The company continues to maintain the target of exceeding ¥1.65 billion in operating profit before goodwill amortization in any one of the fiscal years from the fiscal year ending March 2019 through the fiscal year ending March 2025 as a condition for exercise. - FY2018First statedAnnual report
「The holders of the stock acquisition rights may exercise the stock acquisition rights granted to them only if operating profit before goodwill amortization exceeds ¥1.65 billion at least once in any one of the 7 fiscal years from the fiscal year ending March 2019 through the fiscal year ending March 2025.」
Stock acquisition rights were issued with the condition for exercise that operating profit before goodwill amortization exceed ¥1.65 billion in any one of the 7 fiscal years from the fiscal year ending March 2019 through the fiscal year ending March 2025.