Dilution of Share Value from Exercise of Stock Options
First written in FY2021. 5 of 8 entries say "Materialised", first in FY2022. Latest entry: 2026-08-14.
Magmag moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
69 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「This was attributable to the exercise of stock options, which increased stated capital and capital surplus by ¥10.650 million each.」
During the fiscal year, 56,800 shares were issued upon the exercise of stock options, resulting in an actual event that could dilute the value of existing shareholders’ holdings. - FY2025-H1MaterialisedAnnual report
「The increase resulted from the exercise of stock acquisition rights.」
During the interim accounting period, 8,000 shares were issued upon the exercise of stock options, and capital stock and the capital reserve each increased by ¥1.5 million. An event that could dilute the value of existing shareholders’ holdings has actually occurred. - FY2024RestatedAnnual report
「If these stock options are exercised, new shares of the company may be issued, potentially diluting the value per share held by existing shareholders.」
The risk of dilution in share value resulting from stock option exercises is reiterated. - FY2023RestatedAnnual report
「If these stock options are exercised, new shares of the company may be issued, potentially diluting the value per share held by existing shareholders.」
The risk of dilution in share value resulting from stock option exercises is reiterated. - FY2022MaterialisedAnnual report
「Capital stock and capital surplus increased by ¥15.693 million as a result of stock option exercises, while」
During the fiscal year, stock options were exercised and the total number of shares outstanding increased by 41,000, resulting in an actual event that could dilute the value of existing shareholders’ holdings. - FY2021First statedAnnual report
「The company has granted stock options to its directors, employees and outside collaborators as an incentive to enhance corporate value over the long term, and may issue additional stock options to secure talented personnel. If these stock options are exercised, new shares of the company may be issued, potentially diluting the value per share held by existing shareholders.」
The company describes stock option grants and additional issuances as means of securing personnel and enhancing corporate value, while identifying dilution upon exercise as a risk.