Dilution from the Exercise of Stock Options
First written in FY2022. 7 of 10 entries say "Materialised", first in FY2023-Q1. Latest entry: FY2025.
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
- FY2025Increasing dilution and lower potential share ratioAnnual report
「As of the end of the month preceding the month in which this document was filed, the number of potential shares represented by stock acquisition rights was 277,678, equivalent to 7.0% of the total 3,944,576 shares issued.」
Although 21,300 shares were issued through the exercise of stock acquisition rights during the fiscal year, the grant and expiration of Sixth Series Stock Acquisition Rights also resulted in the potential share ratio declining from 7.9% in the previous fiscal year to 7.0%. - FY2025-H1MaterialisedAnnual report
「Increase/decrease in total number of shares issued 15,900 3,939,176 (Notes 1 and 2)」
During the interim accounting period, 15,900 shares were issued through the exercise of stock acquisition rights, and dilution from potential shares continued to materialize. - FY2024MaterialisedAnnual report
「As of the end of the month preceding the filing date of this document, the number of potential shares under stock acquisition rights was 310,478, equivalent to 7.9% of the 3,923,276 issued shares.」
During the fiscal year, 3,900 shares were issued through the exercise of stock acquisition rights, resulting in further dilution. In addition, free stock options covering 86,000 shares were granted as the Sixth Series of Stock Acquisition Rights, and the potential share ratio was stated as 7.9%. - FY2024-Q2MaterialisedAnnual report
「1 February 2024–30 April 2024 (Note) 300 3,922,376 (Note) Increase resulting from the exercise of stock acquisition rights.」
An additional 300 shares were issued through the exercise of stock acquisition rights, and dilution from potential shares continued to materialize. - FY2024-Q1MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
An additional 2,700 shares were issued through the exercise of stock acquisition rights during the first quarter, and dilution from potential shares continued to materialize. - FY2023Increasing dilution and lower potential share ratioAnnual report
「As of the end of the month preceding the filing date of this document, the number of potential shares under stock acquisition rights was 227,478, equivalent to 5.8% of the 3,922,076 issued shares.」
Although dilution through the exercise of stock acquisition rights progressed, the potential share ratio declined from the previously disclosed 7.5% to 5.8%. - FY2023-Q3MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
An additional 22,800 shares were issued through the exercise of stock acquisition rights between 1 May 2023 and 31 July 2023, bringing further dilution to fruition. The issuance of an additional 900 shares in August was also disclosed. - FY2023-Q2MaterialisedAnnual report
「1 February 2023–30 April 2023 (Note) 7,500」
An additional 7,500 shares were issued through the exercise of stock acquisition rights during the second quarter accounting period, bringing further dilution from potential shares to fruition. - FY2023-Q1MaterialisedAnnual report
「During the first quarter accounting period, the total number of issued shares increased by 12,300 through the exercise of stock acquisition rights (stock options).」
The exercise of stock acquisition rights resulted in the actual issuance of 12,300 shares, bringing some of the dilution from potential shares to fruition. - FY2022First statedAnnual report
「As of the end of the month preceding the filing date of this document, the number of potential shares under stock acquisition rights was 290,601, equivalent to 7.5% of the 3,858,953 issued shares.」
The Company discloses the possibility that the exercise of stock acquisition rights could dilute the value of existing shareholders' shares and their voting rights.