Dilution from the Exercise of Stock Acquisition Rights
First written in FY2023. 10 of 12 entries say "Materialised", first in FY2024-Q3. Latest entry: 2026-09-08.
Tms moved to the "Worse" side of this theme in 2024, 3 years after the typical company in this theme (2021).
The whole theme swung hardest in 2017: 17 of 34 companies on the "Worse" side.
44 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「Number of such exercise-price-adjustable warrants exercised during the interim accounting period 987 Shares delivered upon exercise during the interim accounting period 98,700 Funds raised through exercise during the interim accounting period (¥ thousand) 9,870」
During the interim accounting period, 987 of the 10th Series Warrants were exercised, delivering 98,700 shares and raising ¥9,870 thousand. Cumulatively, 52,287 warrants had been exercised, delivering 5,228,700 shares and raising ¥661,408 thousand. - FY2026-H1MaterialisedAnnual report
「Number of such exercise-price-adjustable warrants exercised during the interim accounting period: 51,300; shares delivered upon exercise: 5,130,000; funds raised through exercise: ¥651,538 thousand.」
Exercise of the 10th Series Warrants resulted in the issuance of 5,130,000 shares and raised ¥651,538 thousand. - FY2025MaterialisedAnnual report
「1 March 2024 to 28 February 2025: common shares 25,700; common shares 40,330,067.」
Warrant exercises increased common shares by 25,700 between 1 March 2024 and 28 February 2025, bringing shares issued and outstanding to 40,330,067. - FY2025-H1MaterialisedAnnual report
「Increase in shares issued and outstanding: 24,500; balance of shares issued and outstanding: 40,328,867. Note: Increase due to warrant exercises.」
Warrant exercises increased shares by 24,500, bringing shares issued and outstanding to 40,328,867. - FY2024-Q3MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
Warrant exercises increased shares issued and outstanding by 10,000 during the third quarter, creating actual dilution. - FY2023First statedAnnual report
「The Company had 36,574,880 shares issued and outstanding at fiscal year-end. If these warrants are exercised, 2,233,680 new shares will be issued, potentially diluting per-share value and affecting the share price.」
Exercise of the warrants could result in the issuance of 2,233,680 new shares and dilution of per-share value.