Dilution of per-share value from the exercise of stock options
First written in FY2023. 7 of 9 entries say "Materialised", first in FY2024-Q1. Latest entry: 2026-08-10.
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
- 2026-08-10MaterialisedEarnings
「As a result of the exercise of stock acquisition rights (stock options) and the issuance of new shares as restricted stock compensation for directors, excluding outside directors, capital stock and the capital reserve each increased by ¥37,737 thousand during the nine-month period of the current third quarter consolidated accounting period.」
New shares were again issued through the exercise of stock options during the nine months ended 31 May 2026. - FY2026-H1MaterialisedAnnual report
「1 October 2025 to 31 March 2026 1,600 3,477,200 800 323,885 800 457,709 Increase due to the exercise of stock acquisition rights (stock options).」
During the interim consolidated accounting period, 1,600 shares were issued through the exercise of stock acquisition rights. A further 600 shares were issued from 1 April 2026 through the filing date, and dilution has continued to occur. - 2026-05-12MaterialisedEarnings
「As a result of the exercise of stock acquisition rights (stock options) and the issuance of new shares as restricted stock compensation for directors, excluding outside directors, capital stock and the capital reserve each increased by ¥33,437 thousand during the current interim consolidated accounting period.」
New shares were issued through the exercise of stock options and as restricted stock compensation, indicating that the increase in the number of shares and dilution are continuing. - FY2025MaterialisedAnnual report
「At the end of the consolidated fiscal year, the number of potential shares underlying stock acquisition rights was 97,000, representing 2.8% of the total number of issued shares.」
During the fiscal year, 6,600 shares were issued through the exercise of stock acquisition rights, and dilution continued to occur. Meanwhile, the number of remaining potential shares declined from 103,600 to 97,000. - FY2025-H1MaterialisedAnnual report
「This represents an increase due to the exercise of share acquisition rights (stock options).」
From 1 October 2024 to 31 March 2025, 1,600 shares were issued through the exercise of stock acquisition rights, and the increase in shares and dilution resulting from the exercise of stock options have continued to occur. - FY2024Exercise progress and reduction in remaining potential sharesAnnual report
「At the end of the consolidated fiscal year, the number of potential shares underlying stock acquisition rights was 103,600, representing 3.02% of the total number of issued shares.」
Stock acquisition rights representing 91,800 shares were exercised, reducing the number of potential shares from 196,400 to 103,600, while dilution has actually occurred. - FY2024-Q2MaterialisedAnnual report
「Through the exercise of stock acquisition rights (stock options), the total number of issued shares increased by 50,400 during the second quarter accounting period, and capital stock and capital surplus each increased by ¥25.200 million.」
During the second quarter accounting period, 50,400 shares were issued through the exercise of stock options, and capital stock and capital surplus each increased by ¥25.200 million. The disclosure also states that a further 1,000 shares were issued by 30 April 2024. - FY2024-Q1MaterialisedAnnual report
「Through the exercise of stock acquisition rights (stock options), the total number of issued shares increased by 2,700 and capital stock and capital surplus each increased by ¥1.350 million by 31 January 2024, after the end of the first quarter accounting period.」
During the quarter, 11,700 shares were issued through the exercise of stock acquisition rights, and a further 2,700 shares were issued by 31 January 2024. The increase in issued shares through the exercise of potential shares has actually occurred. - FY2023First statedAnnual report
「At the end of the consolidated fiscal year, the number of potential shares underlying stock acquisition rights was 196,400, representing 5.88% of the total number of issued shares.」
Stock options have been granted to encourage contributions to improved performance and share value with shareholders, and the company describes the risk of dilution upon exercise.