Medium- to Long-Term Target of ¥100 Billion in Market Capitalization
First written in FY2022-Q2. 3 of 4 entries say "Restated". Latest entry: FY2024-Q3.
2 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「Notwithstanding the above item b., if, between the allotment date of these share acquisition rights and the expiration of the exercise period, the company's market capitalization, calculated in accordance with the following formula, exceeds ¥10 billion at least once, the holders of the share acquisition rights may exercise them.」
For the Series 12 Share Acquisition Rights, too, the exercise condition is that the market capitalization exceed ¥10 billion at least once between the allotment date and the expiration of the exercise period. - FY2023-Q3RestatedAnnual report
「The exercise conditions for these share acquisition rights include achieving either a predetermined market capitalization of ¥10 billion or net income attributable to owners of the parent of ¥2.5 billion.」
The new Series 11 Share Acquisition Rights also reiterate a condition that sets a ¥10 billion market capitalization as one of the performance and enterprise value targets. - FY2022-Q3RestatedAnnual report
「Notwithstanding the above item ①, if, between the allotment date of these share acquisition rights and the expiration of the exercise period, the company's market capitalization, calculated in accordance with the following formula, exceeds ¥10 billion at least once, the holders of the share acquisition rights may exercise them.」
The company has reiterated its medium- to long-term target of using a ¥10 billion market capitalization as an exercise condition for the share acquisition rights. - FY2022-Q2First statedAnnual report
「As stated in our financial results presentation, we have set a market capitalization of ¥10 billion as a medium- to long-term target. As of 18 March 2022, our market capitalization was approximately ¥1.09 billion. Because this target is set substantially above our current market capitalization and its trajectory, we believe that achieving a market capitalization of ¥10 billion would contribute to the interests of existing shareholders.」
The company has explicitly set a market capitalization of ¥10 billion as a medium- to long-term target and stated that its market capitalization was approximately ¥1.09 billion as of 18 March 2022. For the share acquisition rights, the exercise condition is that the market capitalization exceed ¥10 billion at least once between the allotment date and the expiration of the exercise period.