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Koito Manufacturing Introduces Restricted Stock Plan for Directors

Story Highlights

Koito Manufacturing Co ( (JP:7276) ) just unveiled an update.

Koito Manufacturing Co., Ltd. announced the introduction of a restricted stock remuneration plan for its directors, excluding outside directors, to align their interests with shareholders and enhance corporate value. The plan, subject to shareholder approval, aims to motivate directors by allowing them to share in the benefits and risks of stock price movements, with a proposed annual remuneration limit of 500 million yen for eligible directors.

More about Koito Manufacturing Co

Koito Manufacturing Co., Ltd. operates in the automotive industry, primarily focusing on the production of automotive lighting equipment. The company is a key player in the market, providing essential components for vehicle manufacturers.

YTD Price Performance: 0.24%

Average Trading Volume: 200

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3.73B

For detailed information about 7276 stock, go to TipRanks’ Stock Analysis page.

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