Dilution of equity value resulting from the exercise of stock acquisition rights
First written in FY2017. 5 of 9 entries say "Materialised", first in FY2020. Latest entry: FY2025.
Kanmonkai moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
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
「The July 2016 stock options expired during the current consolidated fiscal year because the exercise period had ended.」
The remaining stock options covering 58,500 shares expired upon the end of the exercise period, eliminating the potential for further dilution. - FY2023MitigatedAnnual report
「Although there were factors reducing the balance, including a ¥1 million decrease resulting from the cancellation of stock acquisition rights upon expiration of the exercise period,」
The remaining portion of the 10th series of stock acquisition rights was cancelled upon expiration of the exercise period, reducing the potential for further dilution. Meanwhile, shares had been issued through partial exercises in prior fiscal years. - FY2022MaterialisedAnnual report
「Number of the stock acquisition rights with exercise-price adjustment provisions exercised during the period: 10; number of shares delivered in connection with exercises during the period: 100,000」
The exercise of stock acquisition rights resulted in the additional issuance of 100,000 shares, and dilution of share value materialized further. - FY2022-Q2MaterialisedAnnual report
「Change in total number of issued shares (shares) 2,000」
The exercise of stock acquisition rights resulted in the issuance of 2,000 shares, and the risk of dilution of share value materialized further. - FY2022-Q1MaterialisedAnnual report
「Between 1 July 2021 and 31 July 2021, the number of issued shares increased by 2,000 as a result of the exercise of stock acquisition rights.」
Additional stock acquisition rights were exercised after the end of the quarter, resulting in the issuance of 2,000 shares. This states that the dilution risk materialized further. - FY2021MaterialisedAnnual report
「Number of the stock acquisition rights with exercise-price adjustment provisions exercised during the period: 75; number of shares delivered in connection with exercises during the period: 750,000 shares」
The exercise of stock acquisition rights resulted in the issuance of 750,000 shares, and the dilution risk actually materialized. As of the end of the period, stock acquisition rights equivalent to 1,380,000 shares remained outstanding. - FY2021-Q3WorsenedAnnual report
「At a meeting of the Board of Directors held on 8 December 2020, a resolution was passed to issue stock acquisition rights by way of a third-party allotment. The 2,130,000 common shares to be issued if all of these stock acquisition rights are exercised would represent 16.58% of the total voting rights attached to the total number of shares issued. If these stock acquisition rights are exercised, the share value of the Group may be diluted.」
The resolution to issue stock acquisition rights by way of a third-party allotment added the potential for dilution of up to 2,130,000 shares, equivalent to 16.58% of total voting rights. - FY2020MaterialisedAnnual report
「1 March 2020–31 March 2020 588,000 This represents an increase resulting from the exercise of stock acquisition rights.」
The exercise of stock acquisition rights resulted in the issuance of 588,000 shares, and the risk of dilution of share value actually materialized. - FY2017First statedAnnual report
「If stock options are exercised, the Company may be affected by the dilution of the value of its shares.」
The dilution of share value resulting from the exercise of stock options is identified as a risk.