Dilution of Shareholder Value from the Exercise of Stock Acquisition Rights
First written in FY2025. 2 of 3 entries say "Materialised", first in FY2026-H1. Latest entry: FY2026.
zig-zag moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2017: 28 of 54 companies on the "Worse" side.
56 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「As of the end of the month preceding the filing date of this document, potential shares from stock acquisition rights totaled 438,525 shares, equivalent to 5.7% of the total number of shares issued. If these stock acquisition rights are exercised, shares of the Company will be issued, potentially diluting the value of existing shares and existing voting rights percentages.」
The exercise of stock acquisition rights resulted in the issuance of 533,115 shares during the fiscal year, leaving 438,525 potential shares, equivalent to 5.7% of total shares issued. - FY2026-H1MaterialisedAnnual report
「During the interim accounting period, the exercise of stock acquisition rights increased stated capital and capital surplus by ¥10.054 million each. At the end of the interim accounting period, stated capital was ¥408.484 million and capital surplus was ¥548.768 million.」
The exercise of stock acquisition rights resulted in the issuance of shares and increases in stated capital and capital surplus. - FY2025First statedAnnual report
「As of the filing date of this document, potential shares from stock acquisition rights totaled 325,410 shares, equivalent to 13.5% of the total number of shares issued. If these stock acquisition rights are exercised, shares of the Company will be issued, potentially diluting the value of existing shares and existing voting rights percentages.」
Shows the number of potential shares and their percentage of total shares issued as a short-term risk.