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TOYO ELECTRIC MFG CO LTD ( (JP:6505) ) just unveiled an update.
Toyo Denki Seizo K.K. has announced the introduction of a restricted stock compensation plan aimed at incentivizing its directors to enhance corporate value and align their interests with shareholders. The plan, pending approval at the upcoming General Meeting of Shareholders, will provide eligible directors with common stock or monetary claims to acquire stock, with a maximum annual remuneration set at 32 million yen. This initiative is part of Toyo Denki’s strategy to strengthen its governance and reward system, potentially impacting its operational dynamics and stakeholder relations.
More about TOYO ELECTRIC MFG CO LTD
Average Trading Volume: 63,081
Technical Sentiment Signal: Buy
Current Market Cap: Yen17.77B
See more insights into 6505 stock on TipRanks’ Stock Analysis page.