Risk of Shareholder-Value Dilution from the Exercise of Stock Acquisition Rights
First written in FY2024. 1 of 3 entries say "Mitigated", first in FY2025. Latest entry: FY2026.
Rise Consulting Group moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2017: 28 of 54 companies on the "Worse" side.
32 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「As of the end of the month preceding the month in which this document was filed (30 April 2026), the number of potential shares from stock acquisition rights was 620,000, equivalent to 2.49% of the total 24,888,400 issued shares.」
The potential share ratio increased from the previous 1.57% to 2.49%, increasing dilution exposure from the exercise of stock acquisition rights. - FY2025MitigatedAnnual report
「As of the end of the month preceding the month in which this document was filed (30 April 2025), the number of potential shares from stock acquisition rights was 386,950, equivalent to 1.57% of the total 24,682,040 issued shares.」
The potential share ratio declined from the previous 4.5% to 1.57%, reducing dilution exposure from the exercise of stock acquisition rights. - FY2024First statedAnnual report
「As of the end of the month preceding the month in which this document was filed (30 April 2024), the number of potential shares from stock acquisition rights was 1,098,040, equivalent to 4.5% of the total 24,439,040 issued shares.」
The possibility that exercise of stock acquisition rights could dilute the value of existing shareholders' shares was described.