Stock acquisition rights subject to achievement of ¥30 billion in gross merchandise volume and ¥3 billion in operating profit
First written in FY2018. 4 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2025GMV target achieved; operating profit target not achievedAnnual report
「The holders of the stock acquisition rights may exercise the allocated stock acquisition rights only if GMV (after returns), as stated in the Business Overview section of the Annual Securities Report for the fiscal year immediately preceding the fiscal year in which the exercise period falls, exceeds ¥30,000 million and operating profit in the income statement exceeds ¥3,000 million.」
FY2025 GMV was ¥48,157.658 million, exceeding the GMV condition, but operating profit was ¥1,535.039 million, so the ¥3 billion operating profit condition was not met. - FY2023RestatedAnnual report
「The holders of the stock acquisition rights may exercise the allocated stock acquisition rights only if GMV (after returns), as stated in the Business Overview section of the Annual Securities Report for the fiscal year immediately preceding the fiscal year in which the exercise period falls, exceeds ¥30,000 million and operating profit in the income statement exceeds ¥3,000 million.」
The exercise conditions for the stock acquisition rights, namely GMV exceeding ¥30 billion and operating profit exceeding ¥3 billion, continue to apply. FY2023 GMV of ¥23,629.586 million and operating profit of ¥991.248 million were below the stated conditions. - FY2022RestatedAnnual report
「The holders of the stock acquisition rights may exercise the allocated stock acquisition rights only if GMV (after returns), as stated in the Business Overview section of the Annual Securities Report for the fiscal year immediately preceding the fiscal year in which the exercise period falls, exceeds ¥30,000 million and operating profit in the income statement exceeds ¥3,000 million.」
The existing performance conditions of GMV exceeding ¥30 billion and operating profit exceeding ¥3 billion continue to be disclosed. FY2022 results were GMV of ¥21.2 billion and operating profit of ¥880 million, so the conditions were not met. - FY2021RestatedAnnual report
「The holders of the stock acquisition rights may exercise the allocated stock acquisition rights only if GMV (after returns), as stated in the Business Overview section of the Annual Securities Report for the fiscal year immediately preceding the fiscal year in which the exercise period falls, exceeds ¥30,000 million and operating profit in the income statement exceeds ¥3,000 million.」
The performance conditions for the stock acquisition rights, namely GMV exceeding ¥30 billion and operating profit exceeding ¥3 billion, continue to be disclosed. - FY2020RestatedAnnual report
「The holders of the stock acquisition rights may exercise the allocated stock acquisition rights only if GMV (after returns), as stated in the Business Overview section of the Annual Securities Report for the fiscal year immediately preceding the fiscal year in which the exercise period falls, exceeds ¥30,000 million and operating profit in the income statement exceeds ¥3,000 million.」
The performance conditions for the stock acquisition rights, namely GMV exceeding ¥30 billion and operating profit exceeding ¥3 billion, continue to be disclosed. - FY2019-Q1AdvancedAnnual report
「The holders of the stock acquisition rights may exercise the allocated stock acquisition rights only if GMV (after returns), as stated in the Business Overview section of the Annual Securities Report for the fiscal year immediately preceding the fiscal year in which the exercise period falls, exceeds ¥30,000 million and operating profit in the income statement exceeds ¥3,000 million.」
A total of 3,980 stock acquisition rights, representing 398,000 underlying shares, were issued pursuant to the resolution of 13 March 2018, with specific exercise conditions of GMV exceeding ¥30 billion and operating profit exceeding ¥3 billion. The exercise period is from 1 June 2019 to 31 May 2028. - FY2018First statedAnnual report
「The holders of the stock acquisition rights may exercise the allocated stock acquisition rights only if GMV (after returns), as stated in the Business Overview section of the Annual Securities Report for the fiscal year immediately preceding the fiscal year in which the exercise period falls, exceeds ¥30,000 million and operating profit in the income statement exceeds ¥3,000 million.」
Performance conditions of GMV exceeding ¥30 billion and operating profit exceeding ¥3 billion have been set for stock acquisition rights granted to directors and employees. The exercise period is from 1 June 2019 to 31 May 2028.