Share Dilution Through Stock Acquisition Rights
First written in FY2022. 5 of 6 entries say "Materialised", first in FY2023-Q3. Latest entry: 2026-02-27.
Monstarlab 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: 17 of 34 companies on the "Worse" side.
44 other companies' latest entry also says "Materialised".
- 2026-02-27MaterialisedEarnings
「During the consolidated accounting period from 1 January 2025 to 31 December 2025, we raised ¥2,843,084 thousand through the exercise of the 81st series of stock acquisition rights with an exercise price adjustment clause. All of these stock acquisition rights had been exercised by 23 June 2025.」
The disclosure stated that all of the 81st series of stock acquisition rights had been exercised and that ¥2,843,084 thousand had been raised. - FY2025-H1MaterialisedAnnual report
「Number of bonds with stock acquisition rights subject to exercise-price adjustment exercised during the interim accounting period 251,500 Number of shares delivered upon exercise during the interim accounting period 25,150,000 Amount raised through exercises during the interim accounting period (¥ million) 2,843 Cumulative number of shares delivered upon exercise as of the end of the interim accounting period 30,000,000 Cumulative amount raised through exercises as of the end of the interim accounting period (¥ million) 3,346」
Exercise of the 81st Stock Acquisition Rights resulted in the issuance of 25.15 million shares and raised ¥2,843 million during the interim period. Cumulatively, 30 million shares had been issued and ¥3,346 million raised, representing substantial dilution through share issuance. - FY2024MaterialisedAnnual report
「Number of bonds with stock acquisition rights subject to exercise-price adjustment exercised during the period 48,500 Number of shares delivered upon exercise during the period 4,850,000 Amount raised through exercises during the period (¥ million) 503」
Exercise of the 81st Stock Acquisition Rights resulted in the issuance of 4,850,000 shares and raised ¥503 million from October through December 2024. Dilution through stock acquisition rights materialized as a large share issuance. - FY2023MaterialisedAnnual report
「As of the end of December 2023, the number of potential shares from stock acquisition rights was 3,327,500, equivalent to 9.69% of the 34,326,950 issued shares.」
A total of 46,000 shares were issued through the exercise of stock acquisition rights during 2023. At year-end, potential shares totaled 3,327,500, or 9.69% of issued shares. - FY2023-Q3MaterialisedAnnual report
「Between 1 October 2023 and 31 October 2023, the number of issued shares increased by 46,000 through the exercise of stock acquisition rights.」
The exercise of stock acquisition rights increased issued shares by 46,000 during October 2023, realizing the potential-share dilution risk through an actual share issuance. - FY2022First statedAnnual report
「As of the end of December 2022, the number of potential shares from stock acquisition rights was 74,000, equivalent to 11.7% of the 634,039 issued shares.」
The exercise of stock options could dilute existing shareholders’ share value. Potential shares represented 11.7% of issued shares.