Furukawa Electric Revises Stock Remuneration System to Boost Corporate Value

Furukawa Electric Co ( (JP:5801) ) has issued an update.

Furukawa Electric Co., Ltd. announced a partial revision to its Performance-Linked Stock Remuneration System, which aims to enhance the alignment of director and officer compensation with the company’s performance and long-term corporate value growth. The revision involves changes to the maximum remuneration amount and the structure of eligible participants, reflecting the company’s transition to a new corporate organization with an Audit & Supervisory Committee. This move is intended to motivate directors and officers to contribute to the company’s value over the mid- to long-term, pending approval at the upcoming shareholders meeting.

The most recent analyst rating on (JP:5801) stock is a Buy with a Yen4950.00 price target. To see the full list of analyst forecasts on Furukawa Electric Co stock, see the JP:5801 Stock Forecast page.

More about Furukawa Electric Co

Furukawa Electric Co., Ltd. operates in the electrical and electronics industry, focusing on the production of electrical equipment and components. The company primarily offers products and services related to telecommunications, energy infrastructure, and automotive systems, targeting markets that require advanced technological solutions.

Average Trading Volume: 3,380,289

Technical Sentiment Signal: Hold

Current Market Cap: Yen338.2B

For a thorough assessment of 5801 stock, go to TipRanks’ Stock Analysis page.