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NHK Spring Co., Ltd. ( (JP:5991) ) has issued an update.
NHK Spring Co., Ltd. announced a revision to its stock-based compensation plan, introducing the Board Benefit Trust-Restricted Stock (BBT-RS) plan to better align director compensation with company performance. This move aims to motivate directors by tying their compensation more closely to the company’s share value, thereby encouraging improved business performance and corporate value over the medium to long term.
More about NHK Spring Co., Ltd.
NHK Spring Co., Ltd. operates in the manufacturing industry, focusing primarily on producing automotive suspension springs and precision components. The company is listed on the Tokyo Stock Exchange and is known for its innovative approaches in enhancing product performance and value.
YTD Price Performance: -15.00%
Average Trading Volume: 960,998
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen375.3B
For detailed information about 5991 stock, go to TipRanks’ Stock Analysis page.