Linkage Between Revenue and Operating Profit Targets and Stock Acquisition Rights
First written in FY2017-Q1. 3 of 8 entries say "Dropped", first in FY2019. Latest entry: FY2027-H1.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Dropped".
- FY2027-H1DroppedAnnual report
「Not applicable.」
The section on the status of stock acquisition rights does not list the exercise conditions for the previous performance-based stock acquisition rights, such as operating profit exceeding ¥600 million. - FY2026Re-disclosure of performance-based share acquisition rightsAnnual report
「The new share acquisition rights may be exercised thereafter only if operating profit in the consolidated income statement included in the company’s annual securities report exceeds ¥600 million in any fiscal year from the fiscal year ending February 2025 through the fiscal year ending February 2027.」
The performance-based share acquisition rights previously reported as not applicable in the preceding interim period are again disclosed in this annual securities report, with an exercise condition requiring operating profit to exceed ¥600 million. - FY2026-H1DroppedAnnual report
「Not applicable.」
The previous exercise conditions for share acquisition rights linked to net sales and operating profit are not included in the status of share acquisition rights and other instruments for the interim period. Separately, new share acquisition rights for employees have been disclosed as a subsequent event. - FY2024RestatedAnnual report
「The new share acquisition rights may be exercised thereafter only if operating profit in the consolidated income statement included in the company’s annual securities report exceeds ¥600 million in any fiscal year from the fiscal year ending February 2025 through the fiscal year ending February 2027.」
The company continues to disclose the conditions for performance-based share acquisition rights requiring operating profit to exceed ¥600 million in any fiscal year from the fiscal year ending February 2025 through the fiscal year ending February 2027. - FY2024-Q3ReframedAnnual report
「The new share acquisition rights may be exercised thereafter only if operating profit in the consolidated income statement included in the company’s annual securities report exceeds ¥600 million in any fiscal year from the fiscal year ending February 2025 through the fiscal year ending February 2027.」
The previous exercise conditions for share acquisition rights linked to net sales and operating profit have been replaced with a new performance target requiring operating profit to exceed ¥600 million in any fiscal year from the fiscal year ending February 2025 through the fiscal year ending February 2027. - FY2019DroppedAnnual report
「Not applicable.」
The status of share acquisition rights and other instruments is reported as not applicable, and the exercise conditions linked to net sales and operating profit disclosed previously are not included in this filing. - FY2017-Q2RestatedAnnual report
「① If net sales for the fiscal year ending February 2017 exceed ¥5.2 billion, ② if operating profit for the fiscal year ending February 2017 exceeds ¥100 million, ③ if net sales for the fiscal year ending February 2018 exceed ¥5.5 billion, and ④ if operating profit for the fiscal year ending February 2018 exceeds ¥150 million」
The company continues to set net sales and operating profit thresholds for the fiscal years ending February 2017 and February 2018 as exercise conditions for the share acquisition rights. - FY2017-Q1First statedAnnual report
「(a) If net sales for the fiscal year ending February 2017 exceed ¥5.2 billion」
The exercise conditions for the share acquisition rights were set at net sales exceeding ¥5.2 billion and operating profit exceeding ¥100 million for the fiscal year ending February 2017, and net sales exceeding ¥5.5 billion and operating profit exceeding ¥150 million for the fiscal year ending February 2018, linking them to the commitment to expand business performance.