Dilution of Share Value Through the Exercise of Stock Acquisition Rights
First written in FY2016. 5 of 13 entries say "Mitigated", first in FY2018. Latest entry: FY2023.
Ecomic moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2017: 39 of 70 companies on the "Worse" side.
54 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「Increase due to consolidation of a subsidiary 70,000 10,000 Lapsed and canceled 70,000 10,000 Outstanding and unexercised － －」
The stock options identified in connection with the consolidation of the subsidiary lapsed and were canceled, leaving no outstanding and unexercised options at period-end and eliminating any potential dilution from these options. - FY2023-Q2Disclosure of share acquisition rights held by a consolidated subsidiaryAnnual report
「Share acquisition rights of a consolidated subsidiary 2 types (760 share acquisition rights)」
Separately from the parent company's stock acquisition rights, 2 types totaling 760 stock acquisition rights of consolidated subsidiaries are presented as potential shares in calculating diluted earnings per share. - FY2022MitigatedAnnual report
「2014 Stock Options After vesting Exercised 7,600 Unexercised balance －」
The 2014 stock options have no unexercised balance remaining, eliminating the potential for further dilution of share value. - FY2022-Q1MitigatedAnnual report
「Diluted quarterly net income per share for the cumulative first quarter of the 25th fiscal year is not presented because quarterly net loss per share was reported and no potential shares remained following the full exercise of the Third Series share acquisition rights on 16 June 2021.」
All Third Series share acquisition rights were exercised, eliminating the remaining potential for dilution from those rights. - FY2021MitigatedAnnual report
「2014 Stock Options After vesting Exercised 10,400 Unexercised balance 3,800」
While 10,400 shares were issued through the exercise of share acquisition rights, the unexercised balance declined to 3,800, reducing the potential for further dilution from the previous fiscal year. - FY2021-Q1MaterialisedAnnual report
「1 April 2020–30 June 2020 5,000 1,880,600 1,172 352,975 1,172 187,951」
The issuance of 5,000 shares through the exercise of the Third Series share acquisition rights further realized the dilution risk. - FY2020RestatedAnnual report
「As of 31 March 2020, the number of potential shares was 14,200 and the potential share ratio was 0.9%. Accordingly, if the share acquisition rights are exercised, the value per share of the relevant shares may be diluted, potentially affecting share price formation.」
The company reported 14,200 potential shares and a potential share ratio of 0.9%, continuing to disclose the dilution risk from the exercise of share acquisition rights. - FY2019-Q2MaterialisedAnnual report
「Between 1 October and 31 October 2018, the total number of issued shares increased by 1,800 through the exercise of share acquisition rights, while capital stock and the capital reserve each increased by ¥426,600.」
Following the end of the quarter, 1,800 shares were issued through the exercise of share acquisition rights, further realizing the risk of dilution of share value. - FY2018MitigatedAnnual report
「As of 31 March 2018, the number of potential shares was 120,200, including 103,800 shares that had lapsed as of the filing date because the performance conditions for the fiscal year ended March 2018 were not met. The potential share ratio was 7.5%, including a 6.5% ratio for the shares that had lapsed as of the filing date because the performance conditions were not met.」
The 103,800 shares underlying the 2016 share acquisition rights lapsed as of the filing date because the performance conditions were not met, reducing the dilution risk from potential shares. - FY2017MaterialisedAnnual report
「Common shares 795,800 5,200 － 801,000」
The number of issued common shares increased by 5,200 through the exercise of share acquisition rights, further realizing the dilution risk. - FY2017-Q3MaterialisedAnnual report
「The increase resulted from the exercise of stock acquisition rights.」
The issuance of 1,200 shares through the exercise of share acquisition rights means that part of the risk of dilution of share value has materialized. - FY2017-Q2WorsenedAnnual report
「Class and number of shares underlying the share acquisition rights Common shares: 51,900」
The company issued share acquisition rights representing 51,900 new common shares, increasing the potential scale of the risk of dilution of share value through the exercise of existing share acquisition rights. - FY2016First statedAnnual report
「Accordingly, if the share acquisition rights are exercised, the value per share of the relevant shares may be diluted, potentially affecting share price formation.」
As of the end of March 2016, the number of underlying shares was 14,300, and the exercise period was from 1 July 2016 to 30 June 2021.