Potential Dilution of Share Value from the Exercise of Stock Acquisition Rights
First written in FY2017. 4 of 5 entries say "Materialised", first in FY2018. Latest entry: FY2019.
Advanced Media moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2017: 17 of 34 companies on the "Worse" side.
44 other companies' latest entry also says "Materialised".
- FY2019MaterialisedAnnual report
「During the consolidated fiscal year, 2,338,119 new shares were issued through the exercise of share acquisition rights, resulting in increases of ¥1,895,320 thousand in share capital and ¥1,893,640 thousand in capital reserves.」
The exercise of share acquisition rights and convertible bond-type bonds with share acquisition rights resulted in the issuance of 2,338,119 shares during the period, and the previously disclosed possibility of dilution materialised through the issuance of shares. - FY2019-Q2MaterialisedAnnual report
「1 July 2018–30 September 2018 196,000\\" (Note) The increase resulted from the exercise of share acquisition rights.」
In the second quarter, the exercise of share acquisition rights increased the number of common shares by 196,000, and the possibility of dilution of share value additionally materialised through the issuance of shares. - FY2019-Q1MaterialisedAnnual report
「1 April 2018–30 June 2018 2,142,119\\" (Note) The increase resulted from the exercise of share acquisition rights.」
In the first quarter, the exercise of share acquisition rights increased the number of common shares by 2,142,119, and the previously disclosed possibility of dilution materialised through the issuance of shares. - FY2018MaterialisedAnnual report
「The Third Series of Share Acquisition Rights were exercised by 27 June 2018, after the end of the consolidated fiscal year. \\"Class and number of shares increased: common shares, 1,484,000 shares\\"」
The exercise of share acquisition rights increased the number of common shares by 1,484,000, and the previously disclosed possibility of dilution of share value materialised through the issuance of shares. - FY2017First statedAnnual report
「The company believes that these financings will accelerate improvements in speech recognition accuracy and business expansion in Japan and overseas, leading to increased corporate value for the group over the medium to long term. At the same time, the exercise of share acquisition rights may increase the total number of shares issued, potentially diluting the value of each share.」
While positioning share acquisition rights and similar instruments as a means of financing research and development and domestic and overseas business expansion, the company discloses the possibility of dilution of share value.