Dilution of Share Value and Voting Rights from Exercise of Stock Acquisition Rights
First written in FY2019. 18 of 20 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2026-H1.
Hpc Systems moved to the "Worse" side of this theme in 2020, 1 year before 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 July 2025–31 December 2025 (Note) 8,500 4,375,500 839 231,516 839 228,516 (Note) Increase due to the exercise of share acquisition rights.」
During the interim consolidated accounting period, 8,500 shares were issued through the exercise of share acquisition rights, increasing the total number of shares issued, share capital and capital surplus. - FY2025MaterialisedAnnual report
「1 July 2024–30 June 2025 (Note) 6,500 4,367,000 532 230,677 532 227,677 (Note) Increase due to the exercise of share acquisition rights.」
During the consolidated fiscal year, 6,500 shares were added through the exercise of share acquisition rights, increasing the total number of shares issued, share capital and capital surplus. - FY2025-H1MaterialisedAnnual report
「1 July 2024–31 December 2024 (Note) 2,000 4,362,500 100 230,245 100 227,245 (Note) Increase due to the exercise of share acquisition rights.」
During the interim consolidated accounting period, 2,000 shares were issued through the exercise of share acquisition rights, increasing the number of shares issued, share capital and capital surplus. - FY2024MaterialisedAnnual report
「1 July 2023–30 June 2024 (Note) 2,500 4,360,500 228 230,145 228 227,145 (Note) Increase due to the exercise of share acquisition rights.」
During the fiscal year, 2,500 shares were issued through the exercise of share acquisition rights, increasing the number of shares issued, share capital and capital surplus. Exercises related to dilution risk have continued. - FY2024-Q3MaterialisedAnnual report
「1 January 2024–31 March 2024 2,000 4,360,500 100 230,145 100 227,145 (Note) Increase due to the exercise of share acquisition rights.」
During the third quarter accounting period, 2,000 shares were added through the exercise of share acquisition rights, increasing the total number of shares issued, share capital and capital surplus. - FY2024-Q1MaterialisedAnnual report
「1 July 2023–30 September 2023 500 4,358,500 128 230,045 128 227,045 (Note) Increase due to the exercise of share acquisition rights.」
During the first quarter accounting period, 500 shares were added through the exercise of share acquisition rights, and share capital and capital surplus each increased by ¥128 thousand. - FY2023MaterialisedAnnual report
「1 July 2022–30 June 2023 (Note) 56,000 4,358,000 4,456 229,917 4,456 226,917 (Note) Increase due to the exercise of share acquisition rights.」
During the fiscal year, 56,000 shares were added through the exercise of share acquisition rights, and share capital and capital surplus each increased by ¥4.456 million. - FY2023-Q3MaterialisedAnnual report
「1 January 2023–31 March 2023 (Note) 1,000 4,358,000 50 229,917 50 226,917 (Note) Increase due to the exercise of share acquisition rights.」
During the third quarter accounting period, 1,000 shares were added through the exercise of share acquisition rights, and share capital and capital surplus each increased by ¥50 thousand. - FY2023-Q2MaterialisedAnnual report
「1 October 2022–31 December 2022 (Note) 6,000 4,357,000 507 229,867 507 226,867 (Note) Increase due to the exercise of share acquisition rights.」
During the second quarter accounting period, 6,000 shares were added through the exercise of share acquisition rights, increasing the total number of shares issued, share capital and capital surplus. - FY2023-Q1MaterialisedAnnual report
「1 July 2022–30 September 2022 (Note) 49,000 4,351,000 3,899 229,360 3,899 226,360 (Note) Increase due to the exercise of share acquisition rights.」
During the first quarter accounting period, 49,000 shares were added through the exercise of share acquisition rights, increasing the total number of shares issued, share capital and capital surplus. - FY2022MaterialisedAnnual report
「This was mainly attributable to an increase of ¥411,698 thousand in retained earnings carried forward, a ¥34,730 thousand decrease in treasury shares associated with share-based compensation and other items, and recognition of a ¥21,119 thousand gain on disposal of treasury shares, as well as increases of ¥9,836 thousand each in stated capital and capital surplus through the exercise of stock acquisition rights.」
Stock acquisition rights were also exercised during the fiscal year, increasing the total number of issued shares by 68,500 and stated capital and capital surplus by ¥9,836 thousand each. - FY2022-Q3MaterialisedAnnual report
「1 January 2022–31 March 2022 (Note) 1,000 4,295,500 50 224,618 50 221,618 (Note) Increase resulting from the exercise of stock acquisition rights.」
During the third quarter accounting period, 1,000 shares were issued through the exercise of stock acquisition rights, increasing the total number of issued shares, stated capital and capital surplus. - FY2022-Q2MaterialisedAnnual report
「1 October 2021–31 December 2021 (Note) 38,500 4,294,500 4,895 224,568 4,895 221,568 (Note) Increase resulting from the exercise of stock acquisition rights.」
During the second quarter accounting period, 38,500 shares were added through the exercise of stock acquisition rights, increasing the total number of issued shares, stated capital and capital surplus. - FY2022-Q1MaterialisedAnnual report
「This was mainly attributable to increases of ¥4,049 thousand each in stated capital and capital surplus through the exercise of stock acquisition rights, despite a ¥1,182 thousand decrease in retained earnings carried forward.」
Stock acquisition rights were exercised during the first quarter, increasing stated capital and capital surplus by ¥4,049 thousand each. - FY2021MaterialisedAnnual report
「This was mainly attributable to net income of ¥447,082 thousand being recognized, although treasury shares of ¥200,124 thousand were acquired, as well as increases of ¥15,404 thousand each in stated capital and capital surplus through the exercise of stock acquisition rights.」
The document states that stock acquisition rights were exercised during the year, increasing the number of issued shares, stated capital and capital surplus. - FY2021-Q3MaterialisedAnnual report
「1 January 2021–31 March 2021 (Note) 20,000 4,208,000 5,400 209,070 5,400 206,070 (Note) Increase resulting from the exercise of stock acquisition rights.」
During the third quarter accounting period, 20,000 shares were added through the exercise of stock acquisition rights, increasing the total number of issued shares, stated capital and capital surplus. - FY2021-Q2MaterialisedAnnual report
「1 October 2020–31 December 2020 (Note) 3,000 4,188,000 150 203,670 150 200,670 (Note) Increase resulting from the exercise of stock acquisition rights.」
During the second quarter accounting period, 3,000 shares were issued through the exercise of stock acquisition rights, increasing the total number of issued shares, stated capital and capital surplus. - FY2021-Q1MaterialisedAnnual report
「This was attributable to increases of ¥3,300 thousand each in stated capital and capital surplus through the exercise of stock acquisition rights, as well as quarterly net income of ¥4,848 thousand.」
The exercise of stock acquisition rights and resulting increases in issued shares, stated capital and capital surplus are described, representing an event that could lead to dilution for existing shareholders. - FY2020RestatedAnnual report
「If these stock acquisition rights are exercised, shares may be issued, potentially diluting the value and voting rights of shares held by existing shareholders.」
The risk of dilution of share value and voting rights through the exercise of stock acquisition rights is reiterated. - FY2019First statedAnnual report
「If these stock acquisition rights are exercised, shares may be issued, potentially diluting the value and voting rights of shares held by existing shareholders.」
The exercise periods, eligible persons and number of shares relating to multiple stock acquisition rights have been disclosed.