Share Dilution from Stock Options
First written in FY2016. 5 of 7 entries say "Softened", first in FY2017. Latest entry: FY2022.
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
- FY2022Unexercised stock options expiredAnnual report
「The exercise period for the 2015 stock options expired on 30 June 2021, and the rights lapsed. Unexercised balance -」
As 91,300 shares were exercised and 11,000 shares lapsed, there were no unexercised rights remaining, and the dilution risk previously associated with unexercised stock acquisition rights was no longer disclosed. - FY2022-Q1SoftenedAnnual report
「Change in total number of issued shares (shares) 91,300 / (Note) Due to the exercise of stock acquisition rights.」
The number of shares increased by 91,300 during the quarter through the exercise of stock acquisition rights. The details of the stock option plan and other stock acquisition rights are stated as “No applicable items,” indicating that the potential dilution risk from unexercised rights is declining. - FY2021SoftenedAnnual report
「As of 31 March 2021, the number of potential shares was 102,300, equivalent to 0.7% of issued shares. The exercise of these stock acquisition rights may result in dilution of the company’s shares by the stated percentage.」
The number of potential shares decreased from the previous 167,000, or 1.1%, to 102,300, or 0.7%. The company continues to state that it may grant stock options in the future. - FY2020SoftenedAnnual report
「As of 31 March 2020, the number of potential shares was 167,000, equivalent to 1.1% of issued shares. The exercise of these stock acquisition rights may result in dilution of the company’s shares by the stated percentage.」
The number of potential shares decreased from the previous 179,300, or 1.2%, to 167,000, or 1.1%. - FY2019SoftenedAnnual report
「As of 31 March 2019, the number of potential shares was 179,300, equivalent to 1.2% of issued shares. The exercise of these stock acquisition rights may result in dilution of the company’s shares by the stated percentage.」
The number of potential shares decreased from 234,300, or 1.5%, to 179,300, or 1.2%. The company continues to state that it may grant stock options in the future. - FY2017SoftenedAnnual report
「As of 31 March 2017, the number of potential shares was 234,300, equivalent to 1.5% of issued shares. The exercise of these stock acquisition rights may result in dilution of the company’s shares by the stated percentage.」
The number of potential shares decreased from the previous 251,000, or 1.6%, to 234,300, or 1.5%. The company also states that it may grant stock options in the future. - FY2016First statedAnnual report
「The exercise of these stock acquisition rights may result in dilution of the company’s shares by the stated percentage.」
The company has disclosed the potential dilution risk from 251,000 unexercised stock acquisition rights, equivalent to 1.6% of issued shares.