Dilution of Share Value Through Exercise of Stock Acquisition Rights
First written in FY2018. 4 of 5 entries say "Materialised", first in FY2019. Latest entry: FY2023.
D.I.System moved to the "Worse" side of this theme in 2019, 2 years before 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".
- FY2023MaterialisedAnnual report
「The increase in issued shares resulted from the exercise of stock acquisition rights for 2,000 shares.」
From October 2022 through September 2023, 2,000 shares were issued through the exercise of stock acquisition rights, bringing total issued shares to 3,058,000. All Series 6 stock acquisition rights were exercised, while 9,000 Series 8 rights remained unexercised. - FY2023-Q1MaterialisedAnnual report
「The increase resulted from the exercise of stock acquisition rights.」
From October through December 2022, 2,000 shares were issued through the exercise of stock acquisition rights, bringing total issued shares to 3,058,000. Additional dilution occurred. - FY2021-Q2MaterialisedAnnual report
「The increase resulted from the exercise of stock acquisition rights.」
From January through March 2021, 6,000 shares were issued through the exercise of stock acquisition rights, bringing total issued shares to 3,055,000. Additional dilution occurred. - FY2019MaterialisedAnnual report
「Of the increase in the number of issued shares, 44,500 shares resulted from the exercise of stock acquisition rights.」
The exercise of stock acquisition rights resulted in the actual issuance of 44,500 shares, creating some dilution risk. At fiscal year-end, 3,500 shares under Series 6 and 5,500 shares under Series 8 remained unexercised. - FY2018First statedAnnual report
「At the end of the consolidated fiscal year, the cumulative number of potential shares underlying stock acquisition rights was 53,500 shares, equivalent to 4.5% of the 1,180,000 issued shares.」
The potential dilution from the exercise of stock options is quantified at 4.5%.