Taiyo Yuden Co., Ltd. (JP:6976) has released an update.
TAIYO YUDEN CO., LTD. has announced the implementation of a restricted stock remuneration system, approved by shareholders, to incentivize directors and operating officers to enhance corporate value. The system will see the disposal of 15,352 shares of treasury stock, worth 61,745,744 yen, with transfer restrictions effective until the loss of position or a set date. This stock compensation aligns the interests of the company’s leadership with those of the shareholders by tying remuneration to both position and performance.
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