Some 72% of Toyota Motor's shareholders voted to re-elect chair Akio Toyoda to the carmaker's board of directors at its annual general meeting, the company said in a regulatory filing on Wednesday.
Two leading proxy advisers had recommended against Toyoda's re-election over governance concerns after certification testing violations.
The outcome compared to an approval rating of 85% last year and 96% in 2022.
Some 72% of Toyota shareholders voted to re-elect Toyoda
Image: David Mareuil/Anadolu via Getty Images
Some 72% of Toyota Motor's shareholders voted to re-elect chair Akio Toyoda to the carmaker's board of directors at its annual general meeting, the company said in a regulatory filing on Wednesday.
Two leading proxy advisers had recommended against Toyoda's re-election over governance concerns after certification testing violations.
The outcome compared to an approval rating of 85% last year and 96% in 2022.
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