Dilution of Share Value Due to Exercise of Share Acquisition Rights
First written in FY2021. 17 of 18 entries say "Materialised", first in FY2022-Q1. Latest entry: 2026-10-14.
WingArc1st moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2017: 28 of 54 companies on the "Worse" side.
56 other companies' latest entry also says "Materialised".
- 2026-10-14MaterialisedEarnings
「新株予約権の行使 23,600」
中間連結持分変動計算書に新株予約権の行使が記載され、株式発行による希薄化が進行した。 - FY2027-H1MaterialisedAnnual report
「1 March 2026–31 August 2026 (Note) 47,200 35,056,670 12 1,259 12 1,109 (Note) Increase due to the exercise of stock acquisition rights.」
During the interim period, 47,200 shares were issued upon the exercise of stock acquisition rights, adding an actual share issuance to the dilution risk. - FY2026MaterialisedAnnual report
「As of the end of February 2026, the total number of potential shares from share acquisition rights was 204,400, equivalent to 0.6% of the total 35,009,470 shares issued.」
76,600 shares were issued through the exercise of share acquisition rights during the fiscal year, and dilution progressed in practice. The total number of potential shares at fiscal year-end was 204,400, or 0.6% of the total shares issued. - FY2026-H1MaterialisedAnnual report
「1 March 2025–31 August 2025 (Note) 54,300 34,987,170 13 1,241 13 1,091 (Note) Increase due to the exercise of share acquisition rights.」
54,300 shares were issued through the exercise of share acquisition rights during the six-month period, causing the dilution risk to materialize additionally through the actual issuance of shares. - FY2025MaterialisedAnnual report
「As of the end of February 2025, the total number of potential shares from share acquisition rights was 281,000, equivalent to 0.8% of the total 34,932,870 shares issued.」
109,800 shares were issued through the exercise of share acquisition rights during the fiscal year, and the total number of potential shares at fiscal year-end declined to 281,000, or 0.8% of the total shares issued. - FY2025-H1MaterialisedAnnual report
「1 March 2024–31 August 2024 (Note) 43,400 34,866,470 11 1,210 11 1,060 (Note) Increase due to the exercise of share acquisition rights.」
43,400 shares were issued through the exercise of share acquisition rights during the six-month period, causing the dilution risk to materialize additionally through the actual issuance of shares. - FY2024MaterialisedAnnual report
「As of the end of February 2024, the total number of potential shares from share acquisition rights was 394,800, equivalent to 1.1% of the total 34,823,070 shares issued.」
251,900 shares were issued through the exercise of share acquisition rights during the fiscal year, and the total number of potential shares at fiscal year-end declined to 394,800, or 1.1% of the total shares issued. - FY2024-Q3MaterialisedAnnual report
「1 September 2023–30 November 2023 (Note) 168,200 34,797,470 43 1,193 43 1,043 (Note) Increase due to the exercise of share acquisition rights.」
168,200 shares were issued through the exercise of share acquisition rights in the third quarter, causing the dilution risk to materialize additionally through the actual issuance of shares. - FY2024-Q2MaterialisedAnnual report
「1 June 2023–31 August 2023 (Note) 43,500 34,629,270 11 1,150 11 1,000 (Note) Increase due to the exercise of share acquisition rights.」
43,500 shares were issued through the exercise of share acquisition rights in the second quarter, causing the dilution risk to materialize additionally through the actual issuance of shares. - FY2024-Q1MaterialisedAnnual report
「1 March 2023–31 May 2023 (Note) 14,600 34,585,770 3 1,138 3 988 (Note) Increase due to the exercise of share acquisition rights.」
14,600 shares were issued through the exercise of share acquisition rights in the first quarter, causing the dilution risk to materialize additionally through the actual issuance of shares. - FY2023-Q3MaterialisedAnnual report
「1 September 2022–30 November 2022 28,600 34,465,570 7 1,108 7 958 (Note) Increase due to the exercise of share acquisition rights.」
28,600 shares were issued through the exercise of share acquisition rights in the third quarter, causing the dilution risk to materialize additionally through the actual issuance of shares. - FY2023-Q2MaterialisedAnnual report
「1 June 2022–31 August 2022 42,200 34,436,970 10 1,100 10 950 (Note) Increase due to the exercise of stock acquisition rights.」
During the second quarter, 42,200 shares were issued through the exercise of stock acquisition rights, and additional dilution risk materialized through the actual issuance of shares. - FY2023-Q1MaterialisedAnnual report
「1 March 2022–31 May 2022 22,400 34,394,770 (Note) Increase due to the exercise of stock acquisition rights.」
During the first quarter, 22,400 shares were issued through the exercise of stock acquisition rights, and additional dilution risk materialized through the issuance of shares. - FY2022MaterialisedAnnual report
「As of the end of February 2022, the total number of potential shares represented by stock acquisition rights was 1,014,500, equivalent to 3.0% of the 34,372,370 issued shares.」
During the fiscal year, 3,174,400 shares were issued through the exercise of stock acquisition rights, so dilution progressed in practice, while the total number of potential shares at the end of the period declined to 1,014,500, or 3.0% of issued shares. - FY2022-Q3MaterialisedAnnual report
「1 September 2021–30 November 2021 196,300 34,296,370 56 1,060 56 910 (Note) Increase due to the exercise of stock acquisition rights.」
During the third quarter, the exercise of stock acquisition rights increased the number of issued shares by 196,300, and additional dilution risk materialized through the actual issuance of shares. - FY2022-Q2MaterialisedAnnual report
「1 June 2021–31 August 2021 2,448,400 34,100,070 687 1,004 687 854 (Note) Increase due to the exercise of stock acquisition rights.」
During the second quarter, the exercise of stock acquisition rights increased the number of issued shares by 2,448,400, and additional dilution risk materialized through the actual issuance of shares. - FY2022-Q1MaterialisedAnnual report
「1 March 2021–31 May 2021 453,670 31,651,670 116 316 116 166 (Note) Increase due to the exercise of stock acquisition rights.」
The exercise of stock acquisition rights increased the number of issued shares by 453,670, and part of the potential dilution risk materialized through the actual issuance of shares. - FY2021First statedAnnual report
「As of the end of February 2021, the total number of potential shares represented by stock acquisition rights was 4,450,500, equivalent to 14.3% of the 31,198,000 issued shares. If these stock acquisition rights are exercised, new shares may be issued, potentially diluting the value of shares held by existing shareholders and their voting rights.」
The company disclosed the number of potential shares and their ratio to issued shares, as well as the potential for dilution upon exercise of the stock acquisition rights.