Risk of Dilution of Per-Share Value Through Exercise of Stock Acquisition Rights
First written in FY2023. 4 of 7 entries say "Materialised", first in FY2024-Q1. Latest entry: FY2026-H1.
Btm 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.
15 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes concerning the risk of dilution of share value through the exercise of stock acquisition rights. - FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no new occurrences or material changes concerning the risk of dilution of share value through the exercise of stock acquisition rights. - FY2024MaterialisedAnnual report
「As of the end of the current fiscal year, the number of potential shares from stock acquisition rights was 71,700, equivalent to 5.07% of the total number of shares issued, 1,413,500.」
During the current fiscal year, 34,300 shares were issued through the exercise of stock acquisition rights, and an actual share issuance related to dilution occurred. At fiscal year-end, the number of potential shares was 71,700, representing 5.07% of the total number of shares issued. - FY2024-Q3MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
Between 1 October and 31 December 2023, the number of shares increased by 4,300 through the exercise of stock acquisition rights, and share issuances related to dilution have continued to occur in practice. - FY2024-Q2MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
During the cumulative second quarter, the total number of shares issued increased by 6,500 through the exercise of stock acquisition rights and increased by a further 4,300 by the filing date. Share issuances related to dilution have continued to occur in practice. - FY2024-Q1MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
The total number of shares issued increased by 23,500 during the cumulative first quarter through the exercise of stock acquisition rights, and an actual share issuance related to dilution by potential shares occurred. - FY2023First statedAnnual report
「As of the end of the current fiscal year, the number of potential shares from stock acquisition rights was 106,000, equivalent to 7.69% of the total number of shares issued, 1,379,200.」
The company states that exercising share acquisition rights may dilute existing shareholders’ share value and voting interests.