Dilution and Impact on Share Price from Stock Option Exercises and Venture Capital Sales
First written in FY2021. 13 of 15 entries say "Materialised", first in FY2022-Q3. Latest entry: FY2026.
BlueMeme moved to the "Worse" side of this theme in 2022.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Exercised 14,000 Expired － Remaining unexercised 43,000」
During the fiscal year, 14,000 stock options were exercised, leaving 43,000 unexercised at the end of the period. - FY2026-H1MaterialisedAnnual report
「The number of shares issued as of the filing date does not include shares issued through the exercise of share acquisition rights from 1 November 2025 through the filing date of this semi-annual report. The increase in issued common shares was due to the exercise of stock options.」
The number of issued shares increased from 3,603,946 at the end of the interim period to 3,617,946 as of the filing date, reflecting an increase of 14,000 shares through the exercise of share acquisition rights before the filing date. - FY2025MitigatedAnnual report
「As of 31 May 2025, the number of potential shares from stock options was 58,800, representing approximately 1.6% of the 3,603,946 issued shares.」
While the number of shares continued to increase through the exercise of share acquisition rights, the remaining potential shares and potential share ratio declined from 82,000 and approximately 2.3% to 58,800 and approximately 1.6%, respectively. - FY2025-H1MaterialisedAnnual report
「1 April 2024–30 September 2024 10,000 3,583,946 636 972,582 636 963,582 (Note) The increases in capital and capital reserves were due to the exercise of stock options.」
During the interim accounting period, the number of issued shares increased by 10,000 through the exercise of stock options, while capital and capital reserves each increased by ¥636 thousand. - FY2024MaterialisedAnnual report
「As of 31 May 2024, the number of potential shares from stock options was 82,000, representing approximately 2.3% of the 3,582,746 issued shares.」
During the fiscal year, the number of shares increased by 20,400 through the exercise of share acquisition rights. The number of potential shares was 82,000 and the potential share ratio was approximately 2.3%. - FY2024-Q3MaterialisedAnnual report
「The number of shares issued as of the filing date does not include shares issued through the exercise of share acquisition rights from 1 February 2024 through the filing date of this quarterly report.」
The number of issued shares increased from 3,562,946 at the end of the quarterly accounting period to 3,563,946 as of the filing date, reflecting an increase of 1,000 shares through the exercise of share acquisition rights after the end of the quarter. - FY2024-Q2MaterialisedAnnual report
「1 July 2023–30 September 2023 9,400 3,562,946 434 971,243 434 962,243 (Note) Increase due to the exercise of share acquisition rights.」
During the second quarter, 9,400 shares were issued through the exercise of share acquisition rights, and the increase in issued shares continued. - FY2024-Q1MaterialisedAnnual report
「1 April 2023–30 June 2023 2,600 3,556,146 164 970,809 164 961,809 (Note) Increase due to the exercise of share acquisition rights.」
During the first quarter, the number of issued shares increased by 2,600 through the exercise of share acquisition rights. - FY2023MaterialisedAnnual report
「15 April 2022–17 March 2023 Common shares 134,600 Common shares 3,553,546 (Note) 9. Increase due to the exercise of share acquisition rights.」
During the fiscal year, the number of shares increased by 134,600 through the exercise of share acquisition rights. As of 31 May 2023, the number of potential shares was 108,600 and the potential share ratio was approximately 3.05%. - FY2023-Q3MaterialisedAnnual report
「1 October 2022–31 December 2022 16,000 3,524,546 1,010 968,818 1,010 959,818 (Note) Increase due to the exercise of share acquisition rights.」
During the third quarter, 16,000 shares were issued through the exercise of share acquisition rights, and the increase in issued shares continued. - FY2023-Q2MaterialisedAnnual report
「1 July 2022–30 September 2022 12,600 3,508,546 800 967,808 800 958,808 (Note) Increase due to the exercise of share acquisition rights.」
During the second quarter, 12,600 shares were issued through the exercise of share acquisition rights, and the increase in issued shares from the exercise of potential shares continued. - FY2023-Q1MaterialisedAnnual report
「1 April 2022–30 June 2022 77,000 3,495,946 4,812 967,007 4,812 958,007 (Note) Increase due to the exercise of share acquisition rights.」
During the first quarter, the number of issued shares increased by 77,000 through the exercise of share acquisition rights, and the increase in shares from the exercise of stock options continued. - FY2022MaterialisedAnnual report
「26 July 2021–16 March 2022 Common shares 90,600 Common shares 3,418,946 (Note) 9. Increase due to the exercise of share acquisition rights. As of 31 May 2022, the number of potential shares from stock options was 169,800, representing approximately 4.86% of the 3,494,946 issued shares.」
While the number of shares increased by 90,600 through the exercise of share acquisition rights, the potential share ratio declined to approximately 4.86%. - FY2022-Q3MaterialisedAnnual report
「1 October 2021–31 December 2021 35,200 3,411,146 2,213 961,705 2,213 952,705 (Note) 1. Increase due to the exercise of share acquisition rights.」
During the quarter, 35,200 shares were issued through the exercise of share acquisition rights, resulting in an actual increase in the number of shares from the exercise of potential shares. - FY2021First statedAnnual report
「As of the filing date, the number of potential shares from stock options was 338,000, representing approximately 10.56% of the 3,199,946 issued shares.」
Venture capital firms and other investors held approximately 26.68%, and the potential impact on the share price if these holdings were sold over a short period after listing is also described.