Risk of dilution of share value through exercise of stock acquisition rights
First written in FY2022. 6 of 9 entries say "Materialised", first in FY2023-Q2. Latest entry: FY2026-H1.
tripla moved to the "Worse" side of this theme in 2023, 2 years after 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".
- FY2026-H1MaterialisedAnnual report
「1 November 2025–30 April 2026 23,370 5,935,832 5,682 875,384 5,682 331,879 (Note) The increase was due to the exercise of stock acquisition rights.」
Shares issued increased by 23,370 during the interim accounting period through the exercise of stock acquisition rights. A further increase of 1,740 shares in May 2026 was also disclosed, indicating that dilution continued to occur in practice. - FY2025MitigatedAnnual report
「The company grants stock acquisition rights as incentives to officers and employees. At the end of the consolidated fiscal year, 182,760 rights had been granted, representing potential shares equal to 3.09% of the total number of shares issued.」
Although shares continued to be issued through the exercise of stock acquisition rights, potential shares declined from 4.08% at the previous consolidated fiscal year-end to 3.09%. - FY2025-H1MaterialisedAnnual report
「Between 1 May 2025 and 31 May 2025, the total number of shares issued increased by 1,000 due to the exercise of stock acquisition rights.」
The number of shares issued increased by 25,600 during the interim consolidated accounting period and by a further 1,000 through the filing date, indicating that dilution continued to occur in practice. - FY2024MitigatedAnnual report
「The company grants stock acquisition rights as incentives to officers and employees. At the end of the consolidated fiscal year, 239,235 rights had been granted, representing potential shares equal to 4.08% of the total number of shares issued.」
Although 120,380 shares were issued through the exercise of stock acquisition rights during the fiscal year, potential shares declined from 6.12% to 4.08% of shares issued at year-end. Dilution occurred in practice, but the potential balance decreased. - FY2024-Q2MaterialisedAnnual report
「The increase was due to the exercise of stock acquisition rights (stock options).」
Shares issued increased by 52,800 during the second-quarter accounting period through the exercise of stock acquisition rights, resulting in additional dilution. - FY2024-Q1MaterialisedAnnual report
「The increase was due to the exercise of stock acquisition rights (stock options).」
Shares issued increased by 10,000 during the quarter through the exercise of stock acquisition rights, resulting in additional dilution. - FY2023MaterialisedAnnual report
「The increase was due to the exercise of stock acquisition rights (stock options).」
During the fiscal year, 128,000 common shares were issued through the exercise of stock acquisition rights, reducing potential shares as of the filing date to 340,400, or 6.12% of shares issued. - FY2023-Q2MaterialisedAnnual report
「Between 1 May 2023 and 31 May 2023, the total number of common shares issued increased by 9,000 due to the exercise of stock acquisition rights.」
Share issuance actually occurred through the exercise of stock acquisition rights, increasing shares issued by 9,000. - FY2022First statedAnnual report
「As of the filing date, 449,800 stock acquisition rights had been granted, representing potential shares equal to 8.28% of the total number of shares issued as of the filing date. If these rights are exercised, shares will be issued and the value and voting rights held by existing shareholders may be diluted.」
The company stated that it controls the grant ratio of stock acquisition rights through appropriate capital policies.