Share dilution from the exercise of stock options
First written in FY2022. 2 of 4 entries say "Worsened", first in FY2025-H1. Latest entry: FY2025.
Hybrid Technologies 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.
31 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「As of the date of submission of this document, the number of potential shares from stock options was 1,486,500, equivalent to 12.9% of the total 11,493,548 shares issued.」
The number of potential shares increased from the previously reported 1,440,000 to 1,486,500, and the percentage of total shares issued was 12.9%. - FY2025-H1WorsenedAnnual report
「Resolution date 14 February 2025 Number of stock acquisition rights (units) * 3,740 Class, details and number of shares underlying the stock acquisition rights (shares) * Common shares 374,000」
New potential shares underlying 374,000 common shares were established through the stock acquisition rights approved on 14 February 2025. - FY2023MitigatedAnnual report
「As of the date of submission of this document, the number of potential shares from stock options was 1,440,000, equivalent to 12.8% of the total 11,289,048 shares issued.」
The number of potential shares fell from 1,467,700 to 1,440,000, and the percentage of total shares issued fell from 13.4% to 12.8%. - FY2022First statedAnnual report
「As of the date of submission of this document, the number of potential shares from stock options was 1,467,700, equivalent to 13.4% of the total 10,979,648 shares issued.」
Describes the possibility that potential shares from unexercised stock options, equivalent to 13.4% of total shares issued, could dilute the value and voting-rights percentage of existing shareholders.