Performance-based stock options conditional on operating profit exceeding ¥900 million
First written in FY2017-Q2. 1 of 4 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2024.
The whole theme swung hardest in 2020: 2 of 18 companies on the "Worse" side.
4 other companies' latest entry also says "Raised".
- FY2024RaisedAnnual report
「If, in either the fiscal year ending September 2025 or the fiscal year ending September 2026, the company's consolidated revenue and EBITDA both exceed the conditions specified in (a) and (b) below」
For the new 16th series of share acquisition rights, the company established a condition requiring consolidated revenue to exceed ¥30 billion and EBITDA to exceed ¥2.5 billion in either the fiscal year ending September 2025 or the fiscal year ending September 2026, raising the previous performance thresholds. - FY2022AchievedAnnual report
「In the fiscal year ending September 2022, the final year of the three-year productivity improvement plan, the company advanced productivity improvements while focusing on and concentrating resources on the matching business, achieving growth rates of more than 30% in revenue and gross profit and a record operating profit of ¥1,004 million (Non-GAAP).」
For the existing share acquisition rights conditional on operating profit exceeding ¥900 million, operating profit of ¥932,835 thousand for the fiscal year ending September 2022, or ¥1,004 million on a Non-GAAP basis, exceeded the threshold. - FY2022-Q2AdvancedAnnual report
「(a) If gross profit for the fiscal year ending September 2022 exceeds ¥4,500 million: exercisable percentage 30% (b) If gross profit for the fiscal year ending September 2023 exceeds ¥5,600 million: exercisable percentage 100%」
For the 12th series of share acquisition rights, performance conditions were established allowing 30% to be exercised if gross profit for the fiscal year ending September 2022 exceeded ¥4,500 million and 100% if gross profit for the fiscal year ending September 2023 exceeded ¥5,600 million. - FY2017-Q2First statedAnnual report
「The holders of the share acquisition rights may exercise these rights if operating profit stated in the company's consolidated statements of income, or its statements of income if consolidated financial statements are not prepared, exceeds ¥900 million in any fiscal year from the fiscal year ending September 2019 through the fiscal year ending September 2023.」
Achieving operating profit of more than ¥900 million in any fiscal year from the fiscal year ending September 2019 through the fiscal year ending September 2023 was established as an exercise condition for the share acquisition rights granted to directors and employees.