Dilution of Equity Value Through Exercise of Stock Acquisition Rights
First written in FY2020. 13 of 14 entries say "Materialised", first in FY2021-Q2. Latest entry: FY2026.
Micreed 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".
- FY2026MaterialisedAnnual report
「Between 1 April 2026 and 31 May 2026, the total number of issued shares increased by 27,000, capital increased by ¥1 million and capital reserves increased by ¥1 million through the exercise of stock acquisition rights.」
An additional 27,000 shares were issued through the exercise of stock acquisition rights before the date of submission, and events that could lead to dilution have continued to occur. - FY2024MaterialisedAnnual report
「As of the date of submission of this document, these represented 0.5% of the total number of issued shares of 6,594,000. If these stock acquisition rights are exercised, the value of the shares per share may be diluted.」
During the fiscal year, the number of shares increased by 20,000 through the exercise of stock acquisition rights, and events that could lead to dilution continued to occur. Based on the total number of issued shares after the stock split on 1 April 2024, the remaining stock acquisition rights represented 0.5%. - FY2024-Q3MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights (stock options).」
From October to December 2023, the number of shares increased by 1,000 through the exercise of stock acquisition rights. Events that could lead to dilution have continued to occur. - FY2024-Q2MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights (stock options).」
From July to September 2023, the number of shares increased by 18,000 through the exercise of stock acquisition rights, bringing the total number of issued shares to 2,197,000. Events that could lead to dilution have continued to occur. - FY2024-Q1MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
From April to June 2023, the total number of issued shares increased by 1,000 through the exercise of stock acquisition rights. Events that could lead to dilution have continued to occur. - FY2023MaterialisedAnnual report
「As of the date of submission of this document, these represented 1.4% of the total number of issued shares of 2,179,000. If these stock acquisition rights are exercised, the value of the shares per share may be diluted.」
During the fiscal year, 2,000 shares were added to the number of issued shares through the exercise of stock acquisition rights, and a further 1,000 shares were added before the date of submission. The remaining stock acquisition rights represented 1.4%, and events that could lead to dilution have continued to occur. - FY2023-Q1MaterialisedAnnual report
「The above increase resulted from the exercise of stock acquisition rights.」
From April to June 2022, the total number of issued shares increased by 2,000 through the exercise of stock acquisition rights. Events that could lead to dilution have continued to occur. - FY2022MaterialisedAnnual report
「As of the date of submission of this document, these represented 1.5% of the total number of issued shares of 2,178,000. If these stock acquisition rights are exercised, the value of the shares per share may be diluted.」
During the fiscal year, the number of shares increased by 1,200 through the exercise of stock acquisition rights, followed by an additional increase of 2,000 shares before the date of submission. The remaining stock acquisition rights represented 1.5%. - FY2022-Q3MaterialisedAnnual report
「The above increase resulted from the exercise of stock acquisition rights.」
From October to December 2021, the total number of issued shares increased by 1,000 through the exercise of stock acquisition rights, reaching 2,176,000 as of 31 December 2021. Events that could lead to dilution have continued to occur. - FY2022-Q2MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
From July to September 2021, the number of shares increased by 200 through the exercise of stock acquisition rights, bringing the total number of issued shares to 2,175,000. Events that could lead to dilution have continued to occur. - FY2021MaterialisedAnnual report
「The increase in the number of issued common shares resulted from the exercise of stock options.」
During the fiscal year, the number of issued shares increased by 66,800 through the exercise of stock acquisition rights, bringing the total number of issued shares to 2,174,800. The remaining stock acquisition rights represented 1.6%. - FY2021-Q3MaterialisedAnnual report
「The above increase resulted from the exercise of stock acquisition rights.」
From October to December 2020, the total number of issued shares increased by 6,000 through the exercise of stock acquisition rights, followed by an increase of 20,000 shares from 1 January to 29 January 2021. Events that could lead to dilution have continued to occur. - FY2021-Q2MaterialisedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
From July to September 2020, the number of issued shares increased by 200 through the exercise of stock acquisition rights, an event that could lead to dilution actually occurred. - FY2020First statedAnnual report
「As of the date of submission of this document, these represented 4.8% of the total number of issued shares of 2,108,600. If these stock acquisition rights are exercised, the value of the shares per share may be diluted.」
The Company states that the stock acquisition rights represented 4.8% of the total number of issued shares and describes the possibility of dilution upon exercise.