Tiered achievement conditions for 2028 and 2029 revenue of ¥8.3 billion and adjusted EBITDA
First written in FY2025. 1 of 2 entries say "Advanced", first in FY2026-H1. Latest entry: FY2026-H1.
29 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「If, in either the fiscal year ending March 2028 or the fiscal year ending March 2029, the revenue and adjusted EBITDA stated in the audited consolidated income statement included in the Company's annual securities report, or in the income statement if the Company does not prepare consolidated income statements, meet any of the levels specified in items (a) through (e) below, the holders of the stock acquisition rights may exercise the stock acquisition rights, up to the number corresponding to the percentage specified for the relevant item among the stock acquisition rights allocated to each holder. This percentage is referred to below as the “exercisable percentage.”」
The 10th series of stock acquisition rights also applies tiered achievement conditions for the fiscal year ending March 2028 or the fiscal year ending March 2029, requiring revenue of at least ¥8.3 billion and adjusted EBITDA ranging from ¥1 billion to ¥2 billion. - FY2025First statedAnnual report
「If, in either the fiscal year ending March 2028 or the fiscal year ending March 2029, the revenue and adjusted EBITDA stated in the audited consolidated income statement included in the Company's annual securities report, or in the income statement if the Company does not prepare consolidated income statements, meet any of the levels specified in items (a) through (e) below, the holders of the stock acquisition rights may exercise the stock acquisition rights, up to the number corresponding to the percentage specified for the relevant item among the stock acquisition rights allocated to each holder. This percentage is referred to below as the “exercisable percentage.”」
For the 10th series of stock acquisition rights after submission, the exercisable percentage was set in tiers from 20% to 100% based on adjusted EBITDA of ¥1 billion, ¥1.25 billion, ¥1.5 billion, ¥1.75 billion and ¥2 billion, provided that revenue is at least ¥8.3 billion in the fiscal year ending March 2028 or the fiscal year ending March 2029.