The profit or loss for the year and the weighted average number of shares used in the calculation of earnings per share are as follows:
(In millions of yen, except number of shares) | ||||||||||||
2015 | 2016 | 2017 | ||||||||||
Profit for the year attributable to the shareholders of the Company from continuing operations |
6 | 8,745 | 8,091 | |||||||||
Loss for the year attributable to the shareholders of the Company from discontinued operations |
(7,588 | ) | (1,982 | ) | (13 | ) | ||||||
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Total (loss)/profit for the year attributable to the shareholders of the Company for basic earnings and diluted earnings per share |
(7,582 | ) | 6,763 | 8,078 | ||||||||
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Weighted average number of total common shares and class A shares |
174,992,000 | 194,083,995 | 221,405,391 | |||||||||
Weighted average number of total treasury shares |
— | — | (459,843 | ) | ||||||||
Weighted average number of common and class A shares for basic earnings per share(1) |
174,992,000 | 194,083,995 | 220,945,548 | |||||||||
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Effect of dilution: |
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Stock options |
18,805,566 | 20,790,013 | 16,559,789 | |||||||||
Employee Stock Ownership Plan (J-ESOP) |
— | — | 47,369 | |||||||||
Weighted average number of total common and class A shares adjusted for the effect of dilution(1) |
193,797,566 | 214,874,008 | 237,552,706 | |||||||||
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(1) |
Through the amendment of its articles of incorporation on June 15, 2015, the Company introduced a dual class structure of common shares and class A shares and converted all outstanding common shares into class A shares; therefore, the weighted average number of shares for the year ended December 31, 2016 includes the average number of common shares and class A shares for the year ended December 31, 2016. Additionally, through an amendment of its article of incorporation effective as of March 31, 2016, the Company terminated its dual class structure of commons shares and class A shares and converted all class A shares into common shares. |