Impact on the Business Plan and Earnings from Failure to Achieve Expected Exercise of Stock Acquisition Rights
First written in FY2018-Q2. 5 of 7 entries say "Mitigated", first in FY2019. Latest entry: FY2022.
3 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「Financing amount from exercises during the period (¥ thousand): 135,800」
Exercise of the eighth series of stock acquisition rights progressed in FY2022, raising ¥135.8 million. The financing risk from failure to exercise the rights was reduced, but 2,700 units remained outstanding at the end of the fiscal year. - FY2022-Q3MitigatedAnnual report
「Number of bonds with stock acquisition rights subject to an exercise price adjustment clause, etc., exercised during the quarter (units): 770” “Financing amount from exercises during the quarter (¥ thousand): 107,800」
Exercise of the eighth series of stock acquisition rights progressed, and the company raised ¥107.8 million during the quarter. Although the risk of unexercised rights was not completely eliminated, exercise toward financing progressed. - FY2020MitigatedAnnual report
「The exercise of all fourth-series stock acquisition rights was completed by 18 April 2019.」
The exercise of the fourth-series stock acquisition rights through a third-party allotment was completed, reducing the risk that failure to exercise them would affect financing and the business plan. - FY2020-Q1MitigatedAnnual report
「All rights had been exercised by 18 April 2019, and the Company raised ¥400.2 million.」
The exercise of all stock acquisition rights was completed, reducing the risk that failure to exercise them would affect financing and the business plan. - FY2019MitigatedAnnual report
「Increase from the exercise of the fourth series of stock acquisition rights with an exercise price adjustment clause through a third-party allotment: 1,995,000 shares」
Of the 2,300,000 stock acquisition rights in the fourth series, 1,995,000 were exercised during the fiscal year, leaving 305,000 unexercised. The company stated that exercise toward the planned financing had progressed. - FY2018-Q3RestatedAnnual report
「If the exercise of these stock acquisition rights by Milestone Capital Management Co., Ltd. does not proceed as anticipated, the company's business plan may not be implemented as planned, preventing it from generating the earnings it expected and potentially affecting its business performance and financial condition.」
The company continues to disclose the risk that failure of the third-party allotment stock acquisition rights to be exercised as anticipated could affect the business plan, earnings and financial condition. - FY2018-Q2First statedAnnual report
「If the exercise of these stock acquisition rights by Milestone Capital Management Co., Ltd. does not proceed as anticipated, the company's business plan may not be implemented as planned, preventing it from generating the earnings it expected and potentially affecting its business performance and financial condition.」
The company newly disclosed the risk that failure of the third-party allotment stock acquisition rights to be exercised as anticipated could affect execution of the business plan, expected earnings, business performance and financial condition.