Dilution of Share Value from Stock Options
First written in FY2017. 11 of 13 entries say "Materialised", first in FY2018-Q2. Latest entry: FY2021.
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
- FY2021MitigatedAnnual report
「Exercised 353,200 Lapsed 195,600 Unexercised balance －」
Of the fifth series of stock options, 353,200 shares were exercised and 195,600 shares lapsed, leaving no unexercised balance at the end of the consolidated fiscal year. The potential dilution from additional stock options is declining. - FY2021-Q2MaterialisedAnnual report
「The increase of 88,300 in the number of issued common shares resulted from the issuance of new shares through the exercise of stock acquisition rights.」
During the interim consolidated accounting period, 88,300 shares were issued through the exercise of stock acquisition rights. - FY2021-Q1MaterialisedAnnual report
「1 April 2020–30 June 2020 25,000 20,250,900 54 8,036 54 7,925 (Note) These resulted from the exercise of stock acquisition rights and the issuance of new shares.」
During the first quarter accounting period, 25,000 shares were added through the exercise of stock acquisition rights and the issuance of new shares. - FY2020-Q3MaterialisedAnnual report
「1 October 2019–31 December 2019 (Note 1) 11,320 20,225,400 24 7,980 24 7,870 (Note) 1. The increase resulted from the exercise of stock acquisition rights and the issuance of new shares.」
During the third-quarter accounting period, the number of issued shares increased by 11,320 as a result of the exercise of stock acquisition rights and the issuance of new shares. The total number of issued shares was 20,225,400. - FY2020-Q2MaterialisedAnnual report
「The increase of 2,600 issued common shares resulted from the issuance of new shares upon exercise of stock acquisition rights.」
During the interim consolidated accounting period, 2,600 shares were issued upon exercise of stock acquisition rights. An additional 500 shares had also been issued by the submission date. - FY2019MaterialisedAnnual report
「The increase of 2,183,480 issued common shares comprised 2,128,200 new shares issued upon exercise of stock acquisition rights and 55,280 new shares issued in connection with the grant of restricted stock.」
Exercise of stock acquisition rights resulted in the issuance of 2,128,200 shares, and 55,280 shares were also issued as restricted stock compensation. The total number of issued shares was 20,211,480. - FY2019-Q3MaterialisedAnnual report
「The Company issued 1,878,200 new shares upon exercise of stock acquisition rights. The Company also issued 55,280 new shares as restricted stock compensation.」
During the nine-month consolidated cumulative period, 1,878,200 shares in total were issued upon exercise of stock acquisition rights, and 55,280 shares were issued as restricted stock compensation. In addition, 250,000 shares were issued upon exercise of stock acquisition rights by the submission date. - FY2019-Q2MaterialisedAnnual report
「The increase of 877,500 issued common shares resulted from the issuance of new shares upon exercise of stock acquisition rights.」
During the interim consolidated accounting period, 877,500 shares were issued upon exercise of stock acquisition rights. In addition, stock acquisition rights corresponding to 2,000,000 shares were issued, of which rights corresponding to 1,250,000 shares remained outstanding at period-end. - FY2019-Q1MaterialisedAnnual report
「1 April 2018–30 June 2018 34,400 18,062,400 17 4,460 17 4,350 (Note) 1. The increase resulted from the exercise of stock acquisition rights. 2. Between 1 July 2018 and 10 August 2018, exercise of stock acquisition rights increased the total number of issued shares by 69,300 and increased both capital and capital reserves by ¥35 million.」
During the quarter, 34,400 shares were issued upon exercise of stock acquisition rights, and an additional 69,300 shares were issued by the submission date. - FY2018MaterialisedAnnual report
「The increase of 82,400 issued common shares resulted from the issuance of new shares upon exercise of stock acquisition rights.」
Share issuance upon exercise of stock acquisition rights continued during the fiscal year, increasing the number of issued shares by 82,400. As of the submission date, potential shares totaled 275,400, equivalent to 1.5% of the total number of issued shares. - FY2018-Q3MaterialisedAnnual report
「Between 1 January 2018 and 31 January 2018, exercise of stock acquisition rights increased the total number of issued shares by 13,600 and increased both capital and capital reserves by ¥6 million.」
The issuance of shares upon exercise of stock acquisition rights continued, with 13,600 shares added in January before the submission date. The total number of issued shares also increased by 17,600 during the third-quarter accounting period. - FY2018-Q2MaterialisedAnnual report
「The increase of 16,800 issued common shares resulted from the issuance of new shares upon exercise of stock acquisition rights.」
Exercise of stock acquisition rights resulted in the issuance of 16,800 shares, increasing the total number of issued shares from 17,945,600 to 17,962,400. - FY2017First statedAnnual report
「As of the date of submission of this document, the number of potential shares represented by stock acquisition rights was 407,100 shares, equivalent to 2.3% of the 17,945,600 issued shares as of the same date.」
The disclosure states that exercise of the stock acquisition rights could result in dilution equivalent to 2.3% of the total number of issued shares.