Operating Profit Targets as Exercise Conditions for Stock Options
First written in FY2022-Q2. 2 of 4 entries say "Achieved", first in FY2023. Latest entry: FY2024.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
8 other companies' latest entry also says "Achieved".
- FY2024AchievedAnnual report
「During the consolidated fiscal year, the company maintained the operating margin, a key management indicator, at 15%.」
Operating profit was ¥1,195.092 million, meeting the second-stage condition for the Series 4 Stock Acquisition Rights, operating profit exceeding ¥1.1 billion for the fiscal year ending March 2024. Together with the first-stage threshold of ¥900 million, this indicates that 100% of the staged exercise conditions have been met. - FY2023AchievedAnnual report
「Operating profit for the consolidated fiscal year was ¥933.313 million.」
The first-stage condition for the Series 4 Stock Acquisition Rights, operating profit exceeding ¥900 million for the fiscal year ending March 2023, was achieved with operating profit of ¥933.313 million. The second-stage condition, operating profit exceeding ¥1.1 billion for the fiscal year ending March 2024, remains outstanding. - FY2022RestatedAnnual report
「(a) If operating profit for the fiscal year ending March 2023 exceeds ¥900 million, 50% will become exercisable. (b) If operating profit for the fiscal year ending March 2024 exceeds ¥1.1 billion, 100% will become exercisable.」
The company continues to disclose the staged exercise conditions for the Series 4 Stock Acquisition Rights, based on operating profit thresholds of ¥900 million and ¥1.1 billion. - FY2022-Q2First statedAnnual report
「(a) If operating profit for the fiscal year ending March 2023 exceeds ¥900 million, 50% will become exercisable. (b) If operating profit for the fiscal year ending March 2024 exceeds ¥1.1 billion, 100% will become exercisable.」
For the Series 4 Stock Acquisition Rights, exercise percentages have been set in stages if operating profit exceeds ¥900 million for the fiscal year ending March 2023 and ¥1.1 billion for the fiscal year ending March 2024.