Dilution of Existing Shareholders Through the Exercise of Stock Acquisition Rights
First written in FY2022. 4 of 5 entries say "Mitigated", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2017: 28 of 54 companies on the "Worse" side.
52 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「As of the date of filing this document, the number of potential shares represented by these stock acquisition rights was 20,700, equivalent to 0.42% of the total number of shares issued. If these stock acquisition rights are exercised, our common shares will be issued, which could dilute the value of the shares held by existing shareholders and their voting rights percentage.」
Although the dilution risk remains, the number of potential shares declined from 76,600, or 1.58%, in the previous fiscal year to 20,700, or 0.42%. - FY2025MitigatedAnnual report
「As of the date of filing this document, the number of potential shares represented by these stock acquisition rights was 76,600, equivalent to 1.58% of the total number of shares issued.」
The number of potential shares declined from 132,000, or 2.76%, in the previous fiscal year to 76,600, or 1.58%, and dilution exposure decreased. - FY2024MitigatedAnnual report
「As of the date of filing this document, the number of potential shares represented by these stock acquisition rights was 132,000, equivalent to 2.76% of the total number of shares issued.」
The number of potential shares declined from 186,000, or 3.94%, in the previous fiscal year to 132,000, or 2.76%, and dilution exposure decreased. - FY2023MitigatedAnnual report
「As of the date of filing this document, the number of potential shares represented by these stock acquisition rights was 186,000, equivalent to 3.94% of the total number of shares issued. If these stock acquisition rights are exercised, shares of our company will be issued, which could dilute the value of the shares held by existing shareholders and their voting rights percentage.」
The dilution risk continues, although the number of potential shares declined from 239,300, or 5.10%, to 186,000, or 3.94%. - FY2022First statedAnnual report
「As of the date of filing this document, the number of potential shares represented by these stock acquisition rights was 239,300, equivalent to 5.10% of the total number of shares issued. If these stock acquisition rights are exercised, shares of our company will be issued, which could dilute the value of the shares held by existing shareholders and their voting rights percentage.」
The disclosure states that the number of potential shares is 239,300, equivalent to 5.10% of total shares issued, and addresses the potential dilution resulting from the exercise of stock acquisition rights.