Stock Acquisition Rights Conditional on Operating Profit Exceeding ¥500 Million
First written in FY2018-Q1. 2 of 5 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Raised".
- FY2026-H1RaisedAnnual report
「The holders of the Stock Acquisition Rights may exercise the Stock Acquisition Rights granted to them, up to the number calculated by multiplying the number granted by the highest percentage corresponding to any condition below (the “Exercisable Percentage”) that the Company’s consolidated operating profit satisfies in any fiscal year from the fiscal year ending June 2027 through the fiscal year ending June 2030. At the time of exercise, the holders may not exercise a number of Stock Acquisition Rights that, when combined with those already exercised by that time, exceeds this limit. (a) If consolidated operating profit exceeds ¥2,000 million in the fiscal year ending June 2027: Exercisable Percentage of 30% (b) If consolidated operating profit exceeds ¥2,200 million in either the fiscal year ending June 2027 or the fiscal year ending June 2028: Exercisable Percentage of 50% (c) If consolidated operating profit exceeds ¥2,600 million in any fiscal year from the fiscal year ending June 2028 through the fiscal year ending June 2030: Exercisable Percentage of 70% (d) If consolidated operating profit exceeds ¥3,000 million in any fiscal year from the fiscal year ending June 2028 through the fiscal year ending June 2030: Exercisable Percentage of 80% (e) If consolidated operating profit exceeds ¥3,600 million in any fiscal year from the fiscal year ending June 2028 through the fiscal year ending June 2030: Exercisable Percentage of 100%」
A further 6,447 Stock Acquisition Rights, representing 644,700 underlying shares, were issued, with graduated performance conditions based on consolidated operating profit of ¥2,000 million to ¥3,600 million and exercise conditions covering the fiscal years ending June 2027 through June 2030. - FY2021AchievedAnnual report
「Revenue: ¥23,043 million, up 0.3% year on year; operating profit: ¥532 million, up 39.9% year on year」
The current-period operating profit of ¥532 million exceeded the threshold for the Stock Acquisition Rights, which required operating profit to exceed ¥500 million in any fiscal year from the fiscal year ended June 2018 through the fiscal year ended June 2022. - FY2020RestatedAnnual report
「The Stock Acquisition Rights may be exercised only if operating profit exceeded ¥500 million in any fiscal year from the fiscal year ended June 2018 through the fiscal year ended June 2022.」
The terms of the Stock Acquisition Rights continue to include exceeding ¥500 million in operating profit in any fiscal year through the fiscal year ended June 2022 as an exercise condition. - FY2018RestatedAnnual report
「The holders of the stock acquisition rights may exercise these stock acquisition rights only if operating profit exceeds ¥500 million in any fiscal year from the fiscal year ending June 2018 through the fiscal year ending June 2022.」
The exercise condition for the stock acquisition rights requiring operating profit to exceed ¥500 million has also been confirmed in the annual report. - FY2018-Q1First statedAnnual report
「The holders of the stock acquisition rights may exercise these stock acquisition rights only if operating profit exceeds ¥500 million in any fiscal year from the fiscal year ending June 2018 through the fiscal year ending June 2022.」
The company issued 1,601 stock acquisition rights subject to the condition that operating profit exceed ¥500 million in any fiscal year from the fiscal year ending June 2018 through the fiscal year ending June 2022.