Share-Value Dilution from the Exercise of Stock Acquisition Rights
First written in FY2021. 7 of 8 entries say "Mitigated", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2017: 28 of 54 companies on the "Worse" side.
52 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「As of the filing date of this document, the number of potential shares represented by stock acquisition rights is 31,000 shares. If these stock acquisition rights are exercised, the value per share of the company's stock may be diluted.」
The number of potential shares decreased from the previously stated 56,000 shares to 31,000 shares, reducing the remaining shares subject to dilution risk. - 2026-06-03MitigatedGeneral Meetings of Shareholders
「The exercise of stock acquisition rights during the fiscal year increased the total number of issued shares by 25,000, capital by ¥21.062 million and capital surplus by ¥21.062 million.」
The disclosure stated that the number of unexercised stock acquisition rights decreased as a result of their exercise. - FY2026-H1MitigatedAnnual report
「1 April 2025–30 September 2025 (Note) 8,500 6,867,000 7,161 1,101,515 7,161 643,795 (Note) Increase due to the exercise of stock acquisition rights.」
The exercise of stock acquisition rights resulted in the issuance of 8,500 shares, indicating a reduction in the unexercised portion subject to dilution risk. The number of potential shares as of the filing date is not stated in this document. - FY2025MitigatedAnnual report
「As of the filing date of this document, the number of potential shares represented by stock acquisition rights is 56,000 shares. If these stock acquisition rights are exercised, the value per share of the company's stock may be diluted.」
The number of potential shares decreased from the previously stated 67,500 shares to 56,000 shares, reducing the remaining shares subject to dilution risk. - FY2024MitigatedAnnual report
「As of the filing date of this document, the number of potential shares represented by stock acquisition rights is 67,500 shares. If these stock acquisition rights are exercised, the value per share of the company's stock may be diluted.」
The number of potential shares decreased from the previously stated 83,600 shares to 67,500 shares, reducing the remaining shares subject to dilution risk. - FY2023MitigatedAnnual report
「As of the filing date of this document, the number of potential shares represented by stock acquisition rights is 83,600 shares. If these stock acquisition rights are exercised, the value per share of the company's stock may be diluted.」
The number of potential shares decreased from the previously stated 85,100 shares to 83,600 shares, reducing the remaining shares subject to dilution risk. - FY2022MitigatedAnnual report
「As of the filing date of this document, the number of potential shares represented by stock acquisition rights is 85,100 shares. If these stock acquisition rights are exercised, the value per share of the company's stock may be diluted.」
The number of potential shares decreased from the previously stated 320,500 shares to 85,100 shares, reducing the remaining shares subject to dilution risk. - FY2021First statedAnnual report
「As of the filing date of this document, the number of potential shares represented by stock acquisition rights is 320,500 shares. If these stock acquisition rights are exercised, the value per share of the company's stock may be diluted.」
The company explicitly identifies the potential dilution of per-share value upon exercise of the stock acquisition rights covering 320,500 potential shares as a risk.