Tiered performance conditions based on net sales of ¥15 billion to ¥25 billion
First written in FY2023-Q1. 1 of 4 entries say "Restated". Latest entry: FY2026.
30 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Sales: ¥16,288 million (up 15.7% year on year)」
Sales for the fiscal year ending March 2026 exceeded the first threshold in the tiered conditions, ¥15 billion, representing measurable progress toward the sales condition. - FY2025-H1ReframedAnnual report
「A holder of stock acquisition rights may exercise the stock acquisition rights granted to the holder, up to the percentage specified in each of the following items (a) through (e) (the "exercisable percentage"), if sales stated in the audited income statement, or consolidated income statement if consolidated financial statements are prepared, included in the securities report filed by the Company for any fiscal year from the fiscal year ending March 2025 through the fiscal year ending March 2027 meet the conditions specified in those items,」
The Company stated that the performance condition period for the Series 18 stock acquisition rights runs from the fiscal year ending March 2025 through the fiscal year ending March 2027, with tiered conditions based on sales exceeding ¥15 billion to ¥25 billion. - FY2024-Q2RestatedAnnual report
「A holder of stock acquisition rights may exercise the stock acquisition rights granted to the holder, up to the percentage specified in each of the following items (a) through (e) (the "exercisable percentage"), if sales stated in the audited income statement, or consolidated income statement if consolidated financial statements are prepared, included in the securities report filed by the Company for any fiscal year from the fiscal year ending March 2024 through the fiscal year ending March 2027 meet the conditions specified in those items.」
For the Series 16 stock acquisition rights for employees, the Company has again established tiered exercise conditions based on sales exceeding ¥15 billion to ¥25 billion for the fiscal years ending March 2024 through March 2027. - FY2023-Q1First statedAnnual report
「A holder of stock acquisition rights may exercise the stock acquisition rights granted to the holder, up to the percentage specified in each of the following items (a) through (e) (the "exercisable percentage"), if sales stated in the audited income statement, or consolidated income statement if consolidated financial statements are prepared, included in the securities report filed by the Company for any fiscal year from the fiscal year ending March 2023 through the fiscal year ending March 2027 meet the conditions specified in those items.」
For any fiscal year from the fiscal year ending March 2023 through the fiscal year ending March 2027, the Company set tiered conditions under which the stock acquisition rights may be exercised up to 50% if sales exceed ¥15 billion, 60% if sales exceed ¥17.5 billion, 70% if sales exceed ¥20 billion, 80% if sales exceed ¥22.5 billion and 100% if sales exceed ¥25 billion.