Toyota Motor shareholders have re-elected Chairman Akio Toyoda and nine other board members despite significant governance concerns. The re-election took place at the company's annual general meeting in Toyota, Aichi Prefecture, on Tuesday, where shareholders expressed concerns about Toyoda's governance, his involvement in motorsports, and certification test scandals. President Koji Sato apologized for fraudulent certification tests. Despite the re-election, Toyoda's support from shareholders dropped to its lowest level on record, with only 72% backing him, reflecting growing unease among investors.
Toyota chairman was re-elected with record-low support amid testing scandal, governance questions https://t.co/OgOkxGV1Oc
Toyota's chairman sees shareholder backing slide to 72% amid governance concerns https://t.co/BcvhmQKR7n
Akio Toyoda support plunges amid Toyota safety, governance issues https://t.co/CHpgglpQlz
🔵 TOYOTA GROUP SUPPLIERS DENSO, AISIN SCALE BACK CROSS-SHAREHOLDINGS, FILING SHOWS Two of Toyota's top suppliers, Denso and Aisin, have sold off holdings in several Toyota-affiliated companies, regulatory filings showed on Thursday, in the latest reduction of… https://t.co/4sSht8NHr5
Investor support for Toyota Motor’s longtime leader, Akio Toyoda, sank to its lowest level since he took the helm as shareholders challenged the extent of control he exerts over the company. https://t.co/t8txyqj0zb
Toyota’s chairman sees shareholder backing slide to 72% amid governance concerns https://t.co/tOEi95phOy
Toyota chairman's shareholder support slides amid governance issues https://t.co/Ne13UC3BLL
⚠️ TOYOTA: **WE PERCEIVE THE APPROVAL RATINGS AT THIS YEAR'S SHAREHOLDERS' MEETING AS CANDID FEEDBACK FROM INSTITUTIONAL INVESTORS IN ACCORDANCE WITH THEIR VOTING STANDARDS **WE RECEIVED BOTH CRITICAL AND SUPPORTIVE FEEDBACK AND QUESTIONS FROM ATTENDING SHAREHOLDERS REGARDING…
Toyota's Chairman was reappointed with his lowest shareholder support on record after an ongoing vehicle safety probe drew opposition from foreign investors https://t.co/ptZpl8ePA7
Toyota Shareholder Support for Chairman Falls Sharply https://t.co/Nmia3qxf07
🔵 TOYOTA CHAIRMAN'S SUPPORT FROM SHAREHOLDERS SLIDES AMID GOVERNANCE CONCERNS Toyota Chairman Akio Toyoda's level of shareholder support dropped markedly at the automaker's annual general meeting this week, hurt by certification test scandals and other governance concerns.… https://t.co/EDPjav9eMe
Toyota chairman's support from shareholders slides amid governance concerns https://t.co/sLIAjB24pr
Akio Toyoda, grandson of Toyota founder, wins shareholder approval to stay in leadership: Toyota shareholders voted Tuesday in support of all the company's proposals, including keeping Akio Toyoda, grandson of the Japanese… https://t.co/N2rPJwb2Qr #japannews #japantoday
Toyota Motor Corp. President Koji Sato apologized to shareholders for fraudulent certification tests for vehicles at the annual shareholders meeting held in Toyota, Aichi Prefecture, on Tuesday. https://t.co/V0iOVJqHrk
Toyota Motor’s longtime leader, Akio Toyoda, defended his continued deep involvement in the company’s operations on Tuesday, responding to calls by some big investors that he step back after having resigned as CEO more than a year ago. https://t.co/h8hbmiiBwZ
Toyota shareholders have given the automaker and its chairman Akio Toyoda a vote of confidence by supporting the board's recommendations even as the company faces questions about its governance, management and safety practices. https://t.co/vfVI5btGhb
.@Toyota shareholders "accused Chairman Akio Toyoda of spending too much time on motorsports as his personal 'hobby,' but still reappointed Toyoda and the company's board." - @Automotive_News https://t.co/67Oc6kOhrk
Akio Toyoda, grandson of Toyota founder, wins shareholders' approval to stay in leadership https://t.co/AHRH28jltd
Toyota shareholders re-elect chair amid governance concerns via @DavidKeo @KanaInagaki @Urbandirt @FT #CorpGov https://t.co/uDNvNdp8g8
Akio Toyoda wins shareholder approval to remain chairman, faces pushback on climate, governance https://t.co/mExMFaGFit
Toyota's Chairman Akio Toyoda and nine other members of the automaker's board were re-elected at an annual general meeting, with shareholders shrugging off concerns about governance and certification test scandals https://t.co/ZiD9yo3Evb
Shareholders accused Chairman Akio Toyoda of spending too much time on motorsports as his personal "hobby." https://t.co/IPccCD5iKv
📽️ WATCH - TOYOTA SHAREHOLDERS RE-ELECT CHAIRMAN DESPITE GOVERNANCE CONCERNS Toyota Motor shareholders backed Chairman Akio Toyoda and nine other members of the automaker's board on Tuesday, despite concerns about governance raised by two leading proxy advisers. https://t.co/AcKwwuMII0