HOYA (JP:7741) has released an update.
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HOYA Corporation is set to continue its Performance Share Unit (PSU) program, a mid-to-long term incentive plan for executives aimed at boosting motivation to achieve business goals and enhance corporate value. The plan grants shares to executives based on the attainment of predetermined performance targets over three-year periods. Additionally, provisions are made for monetary compensation in lieu of shares under certain conditions, such as non-residency or unavoidable retirement.
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