Share-Value Dilution from the Exercise of Stock Acquisition Rights
First written in FY2020. 7 of 11 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2025.
T&S Group moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2017: 28 of 54 companies on the "Worse" side.
32 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「As of the end of the month preceding the month in which this document was submitted, the potential number of shares represented by these stock acquisition rights was 1,171,900, equivalent to 15.4% of the total number of shares issued. If these stock acquisition rights are exercised, the Company’s shares will be issued, potentially diluting the value of shares held by existing shareholders and their voting rights percentages.」
The potential number of shares increased from 43,200, or 0.6% of total shares issued, in the previous disclosure to 1,171,900, or 15.4%, following the issuance of stock acquisition rights to funds associated with Yokohama Capital, expanding potential dilution exposure. - FY2023MitigatedAnnual report
「As of the end of the month preceding the month in which this document was submitted, the potential number of shares represented by these stock acquisition rights was 43,200, equivalent to 0.6% of the total number of shares issued.」
The potential number of shares represented by stock acquisition rights was 43,200, or 0.6% of total shares issued, with the residual dilution ratio down from 74,400 shares and 1.0% in the previous fiscal year. - FY2023-Q3MaterialisedAnnual report
「During the third quarter accounting period, treasury shares decreased by 4,800 through the disposal of treasury shares upon the exercise of stock acquisition rights. As a result, the number of treasury shares at the end of the third quarter accounting period was 54,800.」
The disposal of treasury shares upon the exercise of stock acquisition rights also occurred during the quarter, reducing treasury shares by 4,800. Changes in shares related to stock acquisition rights have continued to materialize. - FY2023-Q1MaterialisedAnnual report
「(Note) During the first quarter accounting period, treasury shares decreased by 26,400 through the disposal of treasury shares upon the exercise of stock acquisition rights. As a result, the number of treasury shares at the end of the first quarter accounting period was 59,600.」
The disposal of treasury shares upon the exercise of stock acquisition rights also occurred during the quarter, reducing treasury shares by 26,400. The dilution factor related to stock acquisition rights has continued to materialize. - FY2022MitigatedAnnual report
「As of the end of the month preceding the month in which this document was submitted, the potential number of shares represented by these stock acquisition rights was 74,400, equivalent to 1.0% of the total number of shares issued. If these stock acquisition rights are exercised, the Company’s shares will be issued, potentially diluting the value of shares held by existing shareholders and their voting rights percentages. During the fiscal year, treasury shares decreased by 44,400 through the exercise of stock options.」
The potential number of shares represented by stock acquisition rights was 74,400, or 1.0% of total shares issued, with the residual potential dilution ratio down from the previous 8.1%. Meanwhile, 44,400 exercises actually occurred. - FY2022-Q3MaterialisedAnnual report
「In addition, during the third quarter accounting period, treasury shares decreased by 30,800 through the disposal of treasury shares upon the exercise of stock acquisition rights. As a result, the number of treasury shares at the end of the third quarter accounting period was 86,000.」
The disposal of treasury shares upon the exercise of stock acquisition rights also occurred during the quarter, reducing treasury shares by 30,800. The dilution factor related to stock acquisition rights has continued to materialize. - FY2022-Q2MaterialisedAnnual report
「During the second quarter accounting period, treasury shares decreased by 13,600 through the disposal of treasury shares upon the exercise of stock acquisition rights. As a result, the number of treasury shares at the end of the second quarter accounting period was 75,100.」
The disposal of treasury shares upon the exercise of stock acquisition rights also occurred during the quarter, reducing treasury shares by 13,600. Changes in shares related to stock acquisition rights have continued to materialize. - FY2021-Q3MaterialisedAnnual report
「1 June 2021–31 August 2021 (Note) 17,600 3,816,600 722 340,783 722 266,662 (Note) Increase due to the exercise of stock acquisition rights.」
During the third quarter accounting period, 17,600 shares were issued through the exercise of stock acquisition rights, bringing the total number of shares issued to 3,816,600. Share issuances through stock acquisition rights have continued to materialize. - FY2021-Q2MaterialisedAnnual report
「1 March 2021–31 May 2021 (Note) 1 85,800 3,799,000 2,844 340,060 2,844 265,940 (Note) 1. Increase due to the exercise of stock acquisition rights. (Note) 2. From 1 June 2021 to 30 June 2021, the total number of shares issued increased by 11,000 through the exercise of stock acquisition rights, while stated capital and the capital surplus each increased by ¥484 thousand.」
During the quarter, 85,800 shares were issued through the exercise of stock acquisition rights, followed by a further 11,000 shares issued in June 2021. The potential issuance of shares through stock acquisition rights has continued to materialize. - FY2021-Q1MaterialisedAnnual report
「1 December 2020–28 February 2021 (Note 2) 127,600 3,713,200 2,615 337,215 2,615 263,095 (Note) 2. Increase due to the exercise of stock acquisition rights.」
During the cumulative period of the quarter, 127,600 shares were issued through the exercise of stock acquisition rights, increasing the total number of shares issued. What had previously been a potential dilution risk has materialized as an actual share issuance. - FY2020First statedAnnual report
「As of the end of the month preceding the month in which this document was submitted, the potential number of shares represented by these stock acquisition rights was 290,400, equivalent to 8.1% of the total number of shares issued. If these stock acquisition rights are exercised, the Company’s shares will be issued, potentially diluting the value of shares held by existing shareholders and their voting rights percentages.」
Shows the potential number of shares represented by stock acquisition rights and their percentage of total shares issued, and describes the potential dilution of share value and voting rights percentages upon exercise.