Dilution of Equity Value from the Exercise of Stock Acquisition Rights
First written in FY2021. 12 of 13 entries say "Materialised", first in FY2022-Q3. Latest entry: FY2026-H1.
CINC Corp. moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2017: 28 of 54 companies on the "Worse" side.
56 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
Between 1 November 2025 and 30 April 2026, the total number of issued shares increased by 92,385 through the exercise of stock acquisition rights, with share dilution continuing to occur through actual share issuance. - 2026-03-13MaterialisedEarnings
「This was mainly attributable to an increase in share capital of ¥2.394 million from the end of the previous consolidated fiscal year due to the exercise of stock options, an increase in capital surplus of ¥2.394 million, and a ¥4.198 million decrease in retained earnings due to the recording of a net loss for the first quarter.」
The company recorded increases in share capital and capital surplus from the exercise of stock options, and the number of issued shares reached 3,523,075. - FY2025MaterialisedAnnual report
「As of the end of the consolidated fiscal year, the number of potential shares represented by these stock acquisition rights was 168,735, equivalent to 4.92% of the total number of issued shares of 3,432,865.」
Shares continued to be issued through the exercise of stock acquisition rights during the fiscal year, and the number of potential shares and dilution potential at fiscal year-end were disclosed. - FY2025-H1MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
Between 1 November 2024 and 30 April 2025, the total number of issued shares increased by 825 through the exercise of stock acquisition rights, and share issuance leading to dilution continued to occur. - FY2024-Q2MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
Between 1 February 2024 and 30 April 2024, 16,245 shares were issued through the exercise of stock acquisition rights, with dilution continuing to occur through actual share issuance. - FY2024-Q1MaterialisedAnnual report
「1 November 2023–31 January 2024」
During the cumulative first-quarter period, 9,180 shares were issued through the exercise of stock acquisition rights, with dilution continuing to occur through actual share issuance. - FY2023MaterialisedAnnual report
「Between 1 November 2022 and 31 October 2023, the total number of issued shares increased by 19,710 through the exercise of stock acquisition rights, while share capital and the capital surplus each increased by ¥515 thousand.」
Shares continued to be issued through the exercise of stock acquisition rights during the fiscal year, bringing the number of potential shares to 221,460, or 6.55% of the total number of issued shares. - FY2023-Q3MaterialisedAnnual report
「1 May 2023–31 July 2023 11,550 3,377,560」
During the third quarter, the total number of issued shares increased by 11,550 shares through the exercise of stock acquisition rights, with dilution continuing to occur through actual share issuance. - FY2023-Q2MaterialisedAnnual report
「The shares issued through the exercise of stock acquisition rights between 1 June 2023 and the date of submission of this quarterly report are not included.」
The number of issued shares was 3,366,010 at the end of the quarter and 3,373,810 as of the submission date, indicating that shares continued to be issued through the exercise of stock acquisition rights after the end of the quarter. - FY2023-Q1MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
Between 1 November 2022 and 31 January 2023, the total number of issued shares increased by 4,200 through the exercise of stock acquisition rights, and dilution from potential shares continued to materialize as actual share issuance. - FY2022MaterialisedAnnual report
「Between 1 May 2022 and 31 October 2022, the total number of issued shares increased by 33,810 through the exercise of stock acquisition rights, while capital and capital surplus each increased by ¥891 thousand.」
Share issuance through the exercise of stock acquisition rights actually occurred, and the number of potential shares at year-end was 241,290, representing 7.18% of the total issued shares. - FY2022-Q3MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
Between 1 May 2022 and 31 July 2022, 33,450 shares were added through the exercise of stock acquisition rights, and dilution from potential shares materialized as actual share issuance. - FY2021First statedAnnual report
「As of the end of the fiscal year, the number of potential shares represented by these stock acquisition rights was 275,100, equivalent to 8.27% of the total 3,328,000 issued shares.」
The exercise of stock options and other rights could dilute the share value and voting interests of existing shareholders.