Dilution of Shareholder Value through Exercise of Stock Acquisition Rights
First written in FY2022. 8 of 9 entries say "Materialised", first in FY2023-Q3. Latest entry: FY2026-H1.
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
- FY2026-H1MaterialisedAnnual report
「1 January 2026–30 June 2026 (Note) 1,500 3,249,604 320 133,193 320 128,193 (Note) Increase due to the exercise of stock acquisition rights.」
During the first half of 2026, the number of issued shares increased by 1,500 through the exercise of stock acquisition rights, further materializing dilution. - FY2025MaterialisedAnnual report
「As of the filing date, the number of potential shares from stock acquisition rights was 3,386, equivalent to 0.1% of the 3,248,104 issued shares.」
The number of issued shares increased by 20,052 through the exercise of stock acquisition rights during 2025. Dilution continued to materialize, while potential shares had declined to 3,386, or 0.1% of issued shares, as of the filing date. - 2026-03-05MaterialisedGeneral Meetings of Shareholders
「Issuance of new shares 4,047 4,047 — — 8,094 (Exercise of share acquisition rights)」
New shares were issued through the exercise of share acquisition rights in fiscal 2025, increasing capital and capital surplus by ¥4,047 thousand each. This is recorded as the additional realization of dilution from the exercise of share acquisition rights. - FY2025-H1MaterialisedAnnual report
「Change in number of issued shares (shares) 20,052 (Note) Increase due to the exercise of stock acquisition rights.」
Between 1 January and 30 June 2025, the number of issued shares increased by 20,052 through the exercise of stock acquisition rights, further materializing dilution. - FY2024MaterialisedAnnual report
「The 22,500-share increase in the number of issued common shares resulted from the exercise of stock acquisition rights.」
The number of issued shares increased by 22,500 during 2024 through the exercise of stock acquisition rights. As of the filing date, potential shares totaled 25,125, or 1.56% of issued shares. - FY2024-Q1MaterialisedAnnual report
「Between 1 April 2024 and 15 May 2024, the number of issued shares increased by 12,750 through the exercise of stock acquisition rights.」
By the filing date, the number of issued shares had increased by 12,750 through the exercise of stock acquisition rights, further materializing potential dilution. - FY2023MaterialisedAnnual report
「The 1,500-share increase in the number of issued common shares resulted from the exercise of stock acquisition rights.」
The number of issued shares increased by 1,500 during 2023 through the exercise of stock acquisition rights. As of the filing date, potential shares totaled 71,250, or 4.51% of issued shares. - FY2023-Q3MaterialisedAnnual report
「Between 1 October 2023 and 14 November 2023, the number of issued shares increased by 1,500 through the exercise of stock acquisition rights.」
The number of issued shares actually increased by 1,500 through the exercise of stock acquisition rights, partially materializing the potential dilution risk. - FY2022First statedAnnual report
「The number of potential shares from stock acquisition rights is 72,750, equivalent to 4.6% of the 1,580,000 issued shares.」
The company discloses the potential dilution of existing shareholders’ share value and voting rights from the exercise of stock options.