Series 28 Stock Acquisition Rights Conditional on EBITDA of ¥100 Million and ¥200 Million
First written in FY2024-Q2. 1 of 2 entries say "Restated". Latest entry: FY2024.
26 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「During the period from the fiscal year ending September 2025 through the fiscal year ending September 2029, referred to below as the “measurement period,” holders of these stock acquisition rights may exercise them only if EBITDA, calculated from operating income stated in the income statement in the company's annual securities report and depreciation and amortization and goodwill amortization stated in the statement of cash flows, meets the following levels」
For the 28th Stock Acquisition Rights, the company reiterated in its annual report the performance conditions for the measurement period from the fiscal year ending September 2025 through the fiscal year ending September 2029: 50% exercisable if EBITDA exceeds ¥100 million and 100% if it exceeds ¥200 million. - FY2024-Q2First statedAnnual report
「During the period from the fiscal year ending September 2025 through the fiscal year ending September 2029, referred to below as the “measurement period,” holders of these stock acquisition rights may exercise the stock acquisition rights they were allotted only if EBITDA, calculated from operating income stated in the income statement in the company's annual securities report and depreciation and amortization and goodwill amortization stated in the statement of cash flows, meets the following levels. The number of rights that may be exercised is limited to the number allotted multiplied by the applicable percentage below, referred to as the “exercisable percentage.” ① If EBITDA exceeds ¥100 million in any fiscal year during the measurement period: exercisable percentage, 50%. ② If EBITDA exceeds ¥200 million in any fiscal year during the measurement period: exercisable percentage, 100%.」
For the 28th Stock Acquisition Rights, the company first disclosed performance conditions under which, during the measurement period from the fiscal year ending September 2025 through the fiscal year ending September 2029, exercise is permitted up to 50% if EBITDA exceeds ¥100 million in any year and up to 100% if it exceeds ¥200 million.