Dilution of share value and voting rights through the exercise of stock acquisition rights
First written in FY2021. 5 of 9 entries say "Materialised", first in FY2023-Q1. Latest entry: FY2025.
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
- FY2025MitigatedAnnual report
「The Group grants stock acquisition rights to provide incentives to its officers and employees. As of the end of the consolidated fiscal year, potential shares represented 2.2% of the total number of issued shares.」
The potential share ratio declined from the previous 2.4% to 2.2%, further reducing the numerical dilution exposure. - FY2024MitigatedAnnual report
「The Group grants stock acquisition rights to provide incentives to its officers and employees. As of the end of the consolidated fiscal year, potential shares represented 2.4% of the total number of issued shares.」
The potential share ratio declined from the previously reported 6.6% to 2.4%, reducing the numerical dilution exposure. Meanwhile, stock acquisition rights covering 31,600 shares were exercised during the year. - FY2024-Q3MaterialisedAnnual report
「1 February 2024– 30 April 2024 5,400 1,230,300 1,485 249,837 1,485 199,837 Note: The increase resulted from the partial exercise of stock acquisition rights.」
Partial exercise of stock acquisition rights actually occurred during the third quarter, increasing the total number of issued shares by 5,400 and stated capital and capital surplus by ¥1.485 million each. - FY2024-Q2MaterialisedAnnual report
「1 November 2023–31 January 2024 (Note 1) 21,600 1,224,900 5,940 248,352 5,940 198,352 Note 1. The increase resulted from the partial exercise of stock acquisition rights.」
Partial exercise of stock acquisition rights actually occurred during the second quarter, increasing the total number of issued shares by 21,600 and stated capital and capital surplus by ¥5.940 million each. A further exercise involving 5,400 shares occurred after the end of the quarter. - FY2024-Q1MaterialisedAnnual report
「1 August 2023–31 October 2023 (Note 1) 4,600 1,203,300 1,265 242,412 1,265 192,412 Notes: 1. The increase resulted from the partial exercise of stock acquisition rights. 2. From 1 November 2023 to 30 November 2023, the exercise of stock acquisition rights increased the total number of issued shares by 1,600 and stated capital and capital surplus by ¥440,000 each.」
During the first quarter, the partial exercise of stock acquisition rights increased the total number of issued shares by 4,600 and stated capital and capital surplus by ¥1.265 million each. A further exercise involving 1,600 shares occurred after the end of the quarter. - FY2023-Q2MaterialisedAnnual report
「The main factors behind the increase were a ¥158.320 million increase in retained earnings and increases of ¥3.795 million each in stated capital and capital surplus through the exercise of stock acquisition rights.」
Stock acquisition rights were exercised during the cumulative second-quarter period, increasing stated capital and capital surplus by ¥3.795 million each. The total number of issued shares also increased from 1,182,900 to 1,196,700. - FY2023-Q1MaterialisedAnnual report
「From 1 August 2022 to 31 October 2022, the total number of issued shares increased by 13,800 through the exercise of stock acquisition rights (stock options).」
Partial exercise of stock acquisition rights actually occurred, increasing the total number of issued shares by 13,800. The disclosure describes the dilution resulting from the issuance of shares upon exercise. - FY2022MitigatedAnnual report
「The Company grants stock acquisition rights to provide incentives to its officers and employees. As of the end of the fiscal year, potential shares represented 6.6% of the total number of issued shares.」
The potential share ratio declined from 7.4% in FY2021 to 6.6%. The possibility of dilution upon exercise of stock acquisition rights remains. - FY2021First statedAnnual report
「Potential shares represented 7.4% of the total number of issued shares as of the filing date. If these stock acquisition rights are exercised, shares in the Company will be issued, which could dilute the value of shares held by existing shareholders and their voting rights.」
The potential share ratio attributable to stock acquisition rights granted to officers and employees is shown, and the possibility of dilution upon exercise is explained.