Risk of Share-Value Dilution Through the Exercise of Stock Acquisition Rights
First written in FY2021. 6 of 14 entries say "Worsened", first in FY2022. Latest entry: 2026-06-08.
Digitalift moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2017: 28 of 54 companies on the "Worse" side.
33 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「As of the date of submission of this document, the number of potential shares attributable to the company's stock acquisition rights was 105,600, equivalent to 6.7% of the total number of shares issued.」
The number of potential shares and their percentage of total shares issued increased from 99,300 and 6.3% in FY2024 to 105,600 and 6.7%, respectively. - FY2025-H1WorsenedAnnual report
「Common shares 15,600 (Note) 1 Common shares 31,200 (Note) 1」
The twelfth and thirteenth series of stock acquisition rights were issued, adding 15,600 and 31,200 potential shares, respectively. The disclosure notes increased dilution exposure from the grant of stock acquisition rights, but does not state that they were exercised. - FY2024MitigatedAnnual report
「As of the date of submission of this document, the number of potential shares attributable to the company's stock acquisition rights was 99,300, equivalent to 6.3% of the total number of shares issued.」
The number of potential shares and their percentage of total shares issued declined from 124,400 and 8.0% in FY2023 to 99,300 and 6.3%, respectively. Meanwhile, the disclosure also reports an increase of 5,400 shares resulting from the exercise of stock acquisition rights during FY2024. - FY2024-Q1MaterialisedAnnual report
「1 October 2023–31 December 2023 4,400 1,560,400 547 138,010 547 132,260 (Note) The increase resulted from the exercise of stock acquisition rights.」
During the first quarter, stock acquisition rights were actually exercised, increasing the total number of shares issued by 4,400. - FY2023MitigatedAnnual report
「As of the date of submission of this document, the number of potential shares attributable to the company's stock acquisition rights was 124,400, equivalent to 8.0% of the total number of shares issued.」
The number of potential shares and their percentage of total shares issued declined from the previously reported 135,600 and 8.7% to 124,400 and 8.0%, respectively. - FY2023-Q3MaterialisedAnnual report
「1 April 2023– 30 June 2023 (Note) 1,700 1,556,000 89 137,463 89 131,713 (Note) The increase resulted from the exercise of stock acquisition rights.」
During the third quarter accounting period, stock acquisition rights were actually exercised, increasing the total number of shares issued by 1,700 and increasing stated capital and the capital reserve by ¥89 thousand each. - FY2023-Q2MaterialisedAnnual report
「1 January 2023–31 March 2023 (Note) 1,200 1,554,300 392 137,374 392 131,624 (Note) 1. The increase resulted from the exercise of stock acquisition rights.」
During the second quarter accounting period, the exercise of stock acquisition rights increased the total number of shares issued by 1,200 and increased stated capital and the capital reserve by ¥392 thousand each. - FY2023-Q1WorsenedAnnual report
「The company's common shares: 32,500.」
As a subsequent event, the disclosure reports the issuance and grant of stock acquisition rights covering a total of 75,600 shares under the eighth through eleventh series, adding dilution exposure from potential shares. - FY2022WorsenedAnnual report
「As of the date of submission of this document, the number of potential shares attributable to stock acquisition rights was 135,600, equivalent to 8.7% of the total number of shares issued.」
The number of potential shares and their percentage of total shares issued increased to 135,600 and 8.7%, respectively, from 94,300 and 6.1% in FY2021, indicating greater dilution exposure. - FY2022-Q3MaterialisedAnnual report
「In addition, stock acquisition rights were exercised during the cumulative third quarter period, increasing stated capital and the capital reserve by ¥913 thousand each.」
It states that stock acquisition rights continued to be exercised, resulting in further increases in stated capital and the capital reserve. - FY2022-Q2MaterialisedAnnual report
「In addition, stock acquisition rights were exercised during the cumulative second quarter period, increasing stated capital and the capital reserve by ¥573 thousand each.」
It states that stock acquisition rights were actually exercised and that some potential shares were converted into issued shares. The total number of shares issued increased by 8,200. - FY2021First statedAnnual report
「As of the date of submission of this document, the number of potential shares attributable to stock acquisition rights was 94,300, equivalent to 6.1% of the total number of shares issued.」
Although conditions such as a phased exercise period apply, the disclosure indicates the potential for dilution upon exercise.