Dilution of equity value resulting from the exercise of stock acquisition rights
First written in FY2021. 11 of 12 entries say "Materialised", first in FY2022-Q2. Latest entry: FY2026.
Global Communication Planning moved to the "Worse" side of this theme in 2022, 2 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".
- FY2026MaterialisedAnnual report
「1 July 2025–30 June 2026 (Note 1) 12,400 shares ¥1.455 million ¥1.455 million」
During the fiscal year, 12,400 shares were issued through the exercise of stock acquisition rights, increasing capital and the capital reserve by ¥1.455 million each. An additional 22,000 shares had been issued by the filing date. - 2026-05-15MaterialisedEarnings
「During the cumulative third quarter period under review, the issuance of new shares upon the exercise of stock acquisition rights and as restricted stock compensation resulted in increases of ¥7,353 thousand each in stated capital and capital surplus, bringing stated capital to ¥440,812 thousand and capital surplus to ¥324,412 thousand.」
New shares were issued during the cumulative third quarter period under review upon the exercise of stock acquisition rights and as restricted stock compensation, and the resulting increases in capital were recorded. - FY2026-H1MaterialisedAnnual report
「Total net assets decreased by ¥146.764 million from the end of the previous fiscal year to ¥123.25 million. This was mainly due to a ¥7.353 million increase in stated capital and capital surplus, respectively, resulting from the issuance of new shares through the exercise of stock acquisition rights and restricted stock compensation, a ¥450,000 decrease in deposits received for subscriptions to new shares, and a ¥161.021 million decrease in retained earnings resulting from the recognition of an interim net loss.」
The issuance of new shares through the exercise of stock acquisition rights and restricted stock compensation also occurred during the interim accounting period, increasing stated capital and capital surplus by ¥7.353 million, respectively. - FY2025MaterialisedAnnual report
「1 July 2024–30 June 2025 (Note 1) 2,000 shares ¥225,000 ¥225,000」
The exercise of stock acquisition rights resulted in the issuance of 2,000 shares during the fiscal year and increased stated capital and capital reserves by ¥225,000, respectively. The disclosure states that a further 10,800 shares were issued by the filing date. - FY2024MaterialisedAnnual report
「1 July 2023–30 June 2024 (Note 1) 10,400 shares ¥1.285 million ¥1.285 million」
The exercise of stock acquisition rights resulted in the issuance of 10,400 shares during the fiscal year and increased stated capital and capital reserves by ¥1.285 million, respectively. Dilution from potential shares continued to materialize. - FY2024-Q1MaterialisedAnnual report
「Total net assets increased by ¥54.091 million from the end of the previous fiscal year to ¥394.37 million. This was due to increases of ¥225,000 each in stated capital and capital surplus from the exercise of stock acquisition rights, as well as a ¥53.641 million increase in retained earnings resulting from the recognition of quarterly net income.」
The exercise of stock acquisition rights resulted in the issuance of 2,000 shares during the cumulative period through the first quarter and increased stated capital and capital reserves by ¥225,000, respectively. Share issuances leading to dilution continue. - FY2023MaterialisedAnnual report
「1 July 2022–30 June 2023 2,400 shares ¥285,000 ¥285,000」
The exercise of stock acquisition rights resulted in the issuance of 2,400 shares during the fiscal year and increased stated capital and capital reserves by ¥285,000, respectively. Dilution continued to occur. - FY2023-Q2MaterialisedAnnual report
「During the second quarter accounting period, the exercise of stock acquisition rights increased both stated capital and capital reserves by ¥60,000, respectively.」
The exercise of stock acquisition rights resulted in the issuance of 400 shares during the second quarter accounting period and increased stated capital and capital reserves by ¥60,000, respectively. - FY2022MaterialisedAnnual report
「Stated capital and capital reserves each increased by ¥241.014 million as a result of the public offering and other transactions accompanying the listing of the Company's shares on the Mothers market of the Tokyo Stock Exchange, now the Growth Market, and the exercise of stock acquisition rights. However, retained earnings decreased by ¥91.66 million due to the recognition of a net loss for the period and by ¥33.4 million due to dividend payments.」
The disclosure states that the exercise of stock acquisition rights continued, resulting in the issuance of an additional 145,200 shares and increases in stated capital and capital reserves during the fiscal year. - FY2022-Q3MaterialisedAnnual report
「In addition, during the cumulative period through the third quarter, the exercise of stock acquisition rights increased both stated capital and capital surplus by ¥9.3 million, respectively.」
The exercise of stock acquisition rights continued. During the third quarter, 12,800 shares were issued, and on a cumulative basis, stated capital and capital surplus each increased by ¥9.3 million. - FY2022-Q2MaterialisedAnnual report
「In addition, during the cumulative period through the second quarter, the exercise of stock acquisition rights increased both stated capital and capital surplus by ¥7.995 million, respectively.」
The disclosure states that the exercise of stock acquisition rights resulted in the issuance of 76,000 shares during the cumulative period through the second quarter and increased stated capital and capital surplus by ¥7.995 million, respectively. - FY2021First statedAnnual report
「As of the filing date of this document, the number of potential shares from stock acquisition rights was 236,000, equivalent to 11.3% of the total number of issued shares.」
The company discloses the possibility that the exercise of stock acquisition rights granted to officers and employees could dilute existing shareholders' share value and voting rights.