TYO:5482

2 stories mentioning TYO:5482Updated 44d ago

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Aichi Steel Board Approves Treasury Share Disposal Under Restricted Stock Remuneration Plan

Aichi Steel's (TYO:5482) board approved the disposal of 11,933 treasury shares at 3,115 yen per share, totaling 37.2 million yen under its restricted stock remuneration plan.The shares were allocated to four directors, excluding outside directors, and four managing executive officers as part of the company's remuneration plan, according to a Tuesday filing on the Tokyo Stock Exchange.The disposal will be completed on July 17.

TYO:5482

Asia63d ago

Market Chatter: Toyota Suppliers Including Denso Boost R&D Spending to Cut Reliance on Rare Earths

Six Toyota Motor (TYO:7203)-affiliated auto suppliers, including Denso (TYO:6902), plan to spend a combined 1.16 trillion yen on research and development for the fiscal year ending March 2027, Nikkei Asia reported Thursday, citing company officials.All six companies -- Denso, Aisin (TYO:7259), Toyota Boshoku (TYO:3116), Jtekt (TYO:6473), Toyoda Gosei (TYO:7282), and Aichi Steel (TYO:5482) -- have increased their R&D budgets, with all except Jtekt anticipating record-high spending levels, the report said.Denso accounts for 705 billion yen of the total, a 2% increase from the previous year, the report said, citing Denso President Shinnosuke Hayashi.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:3116TYO:5482TYO:6473TYO:6902TYO:7203TYO:7259TYO:7282

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