Conditions for Exercising Stock Acquisition Rights Linked to Ordinary Profit Levels
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「If, in any fiscal year from the fiscal year ending November 2022 through the fiscal year ending November 2026, ordinary profit stated in the Company's income statement, or consolidated income statement if the Company prepares consolidated financial statements, exceeds the levels specified in the following items, the holders of the stock acquisition rights may exercise the stock acquisition rights allotted to them, up to the respective percentage specified for each holder, referred to below as the exercisable percentage.」
The exercise conditions linked to ordinary profit of ¥300 million, ¥500 million and ¥1,000 million from the fiscal year ending November 2022 through the fiscal year ending November 2026 remain in place. - FY2021First statedAnnual report
「If, in any fiscal year from the fiscal year ending November 2022 through the fiscal year ending November 2026, ordinary profit stated in the Company's income statement, or consolidated income statement if the Company prepares consolidated financial statements, exceeds the levels specified in the following items, the holders of the stock acquisition rights may exercise the stock acquisition rights allotted to them, up to the respective percentage specified for each holder, referred to below as the exercisable percentage.」
If ordinary profit exceeds ¥300 million, ¥500 million or ¥1,000 million in any fiscal year from the fiscal year ending November 2022 through the fiscal year ending November 2026, the exercisable percentage is set at 50%, 80% or 100%, respectively, on a graduated basis.