Dilution of Share Value from Stock Options
First written in FY2017. 8 of 10 entries say "Mitigated", first in FY2018-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2017: 37 of 68 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Lapsed 60,000 Unexercised balance 3,168,200」
Stock options representing 60,000 shares lapsed, reducing the number of potential shares from 3,228,200 to 3,168,200 under the Twentieth Series stock options. - FY2024MitigatedAnnual report
「The number of potential shares under these stock acquisition rights was 3,229,800 at the end of the current consolidated fiscal year.」
The number of potential shares under the Twentieth Series stock options declined from the previously disclosed 3,231,000 to 3,229,800. - FY2024-Q3MitigatedAnnual report
「Twentieth Series Stock Acquisition Rights (stock options) Common shares: 3,231,000 shares」
The number of potential shares under the Twentieth Series stock options declined from 3,247,800 at the end of the previous consolidated fiscal year to 3,231,000, reducing part of the potential for dilution. - FY2024-Q1MitigatedAnnual report
「Twentieth Series Stock Acquisition Rights (stock options) Common shares: 3,233,800 shares」
The number of potential shares under the Twentieth Series stock options declined from 3,245,800 at the end of the previous consolidated fiscal year to 3,233,800, reducing part of the potential for dilution. - FY2023MitigatedAnnual report
「Class, description and number of shares underlying the stock acquisition rights (Note 3): Common shares: 3,245,800 shares」
The number of potential shares under the Twentieth Series stock options declined from 3,296,400 at the end of the previous fiscal year to 3,245,800, reducing part of the potential dilution. - FY2023-Q3MitigatedAnnual report
「Twentieth Series Stock Acquisition Rights (stock options) Common shares: 3,247,800 shares」
The number of potential shares under the Twentieth Series stock options declined from the previously disclosed 3,295,800 to 3,247,800, reducing part of the potential for dilution. - FY2023-Q1MitigatedAnnual report
「Twentieth Series Stock Acquisition Rights (stock options) Common shares: 3,295,800 shares」
The number of potential shares under the Twentieth Series stock options declined from 3,326,400 at the end of the previous consolidated fiscal year to 3,295,800, reducing part of the potential for dilution. - FY2020RaisedAnnual report
「Based on a resolution of the Company's Board of Directors meeting held on 19 March 2020, the Company issued 33,522 Twentieth Series Stock Acquisition Rights (stock options), representing 3,352,200 shares, to directors, audit and supervisory board members, executive officers and employees of the Company and its consolidated subsidiaries on 10 April 2020.」
Following the extinguishment of the Eighteenth and Nineteenth Series Stock Acquisition Rights, 3,352,200 shares under the new Twentieth Series stock options were issued, re-establishing potential dilution. - FY2018-Q2MitigatedAnnual report
「Eighteenth Series Stock Acquisition Rights, Nineteenth Series Stock Acquisition Rights: It was determined on 12 May 2017 that the conditions for exercising these stock acquisition rights would not be met, and all of them ceased to exist.」
The Eighteenth and Nineteenth Series Stock Acquisition Rights, which existed separately from the third-party allotment of stock acquisition rights, all ceased to exist, reducing the potential for additional dilution from these rights. - FY2017First statedAnnual report
「If these stock options are exercised, the Company's equity value per share will be diluted, which may affect its share price. In addition, the Group may continue to grant stock acquisition rights as incentives to increase the motivation of directors, officers and employees and to attract talented personnel, which may result in further dilution of equity value.」
Separately from the third-party allotment of stock acquisition rights, the Company has disclosed the risk of dilution from the exercise of, and future grants of, stock options for directors, officers and employees.