DENSO board proposes additional stock options

Order Reprints

Shareholders of DENSO Corp. will get the opportunity to vote on a proposal that would allow additional stock options to be issued to the company's directors, managing officers and employees as non-monetary remuneration.

If the proposal from Denso's board of directors is accepted, shareholders also will decide on the calculation method used to determine the value of the stock acquisition rights .

The proposal will be presented at the 83rd annual General Meeting of Shareholders on June 27, 2006.

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