Exercise conditions for stock acquisition rights based on achieving sales of more than ¥2.5 billion
First written in FY2021. 2 of 4 entries say "Dropped", first in FY2023-Q2. Latest entry: FY2023.
1 other company's latest entry also says "Dropped".
- FY2023DroppedAnnual report
「All of the relevant share acquisition rights expired because the exercise conditions were not met between the end of the fiscal year and the end of the month preceding the filing date (30 November 2023).」
All stock acquisition rights subject to the condition of consecutive achievement of sales exceeding ¥2.5 billion expired because the exercise conditions were not met. - FY2023-Q2DroppedAnnual report
「① Details of the stock option plan There are no applicable matters. ② Status of other stock acquisition rights, etc. There are no applicable matters.」
For the performance-based stock acquisition rights whose exercise condition was consecutive achievement of sales exceeding ¥2.5 billion, the current quarterly report states that there were no applicable stock acquisition rights or other items, and does not include the previous exercise conditions. - FY2022-Q1RestatedAnnual report
「(a) If sales exceed ¥2.5 billion for 2 consecutive fiscal years, the fiscal years ending September 2023 and September 2024 Exercisable percentage: up to 50% of the stock acquisition rights allotted (b) If sales exceed ¥2.5 billion for 3 consecutive fiscal years, all fiscal years from the fiscal year ending September 2023 through the fiscal year ending September 2025 Exercisable percentage: up to 100% of the stock acquisition rights allotted」
The company disclosed the same exercise conditions this quarter for the performance-based stock acquisition rights, which require sales to exceed ¥2.5 billion for consecutive fiscal years. - FY2021First statedAnnual report
「(a) If sales exceed ¥2.5 billion for 2 consecutive fiscal years, the fiscal years ending September 2023 and September 2024 Exercisable percentage: up to 50% of the stock acquisition rights allotted (b) If sales exceed ¥2.5 billion for 3 consecutive fiscal years, all fiscal years from the fiscal year ending September 2023 through the fiscal year ending September 2025 Exercisable percentage: up to 100% of the stock acquisition rights allotted」
The company specified for the first time the exercise conditions for the performance-based paid stock options approved on 16 September 2021, requiring sales to exceed ¥2.5 billion consecutively from the fiscal year ending September 2023 through the fiscal year ending September 2025.