Share Dilution from the Exercise of Share Acquisition Rights
First written in FY2023. 3 of 4 entries say "Mitigated", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
53 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Exercised: 12,300; expired: 3,000; unexercised: 26,000」
During the year, stock options covering 12,300 shares were exercised and 3,000 shares expired, reducing the number of unexercised shares from 41,300 to 26,000. - FY2025MitigatedAnnual report
「The item concerning dilution through stock acquisition rights (stock options) has been removed because the number of rights declined as conversion into shares progressed.」
As a result of the exercise of stock options and other rights, the number of unexercised shares at the end of the period was 41,300, and the dilution risk item was removed from the risk list. The stock acquisition rights themselves remain outstanding. - FY2024MitigatedAnnual report
「As of the filing date of this document, the number of potential shares from stock acquisition rights was 48,300, equivalent to 2.1% of the 2,330,330 total shares issued.」
The number of potential shares and their percentage of total shares issued declined from 71,500 shares and 3.1% in the previous disclosure to 48,300 shares and 2.1%. - FY2023First statedAnnual report
「As of the filing date of this document, the number of potential shares from stock acquisition rights was 71,500, equivalent to 3.1% of the 2,330,330 total shares issued.」
The company discloses the possibility that the exercise of stock options and other instruments could dilute existing shareholders' equity value and voting percentages.