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Home › Companies › Kao Corp. › 2025-2026

Kao Corp. 2025-2026 Proxy Voting Records

At Kao Corp.'s 2 shareholder meetings in the 2025-2026 proxy season (held March 26, 2026 and April 30, 2026), 84 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,538 separate fund positions. Their filings are grouped here into 33 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Elect Director Sakurai, Eriko — the reporting funds cast 100% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 33Reported items
  • 84Asset managers
  • 3,538Fund votes
  • March 26, 2026Main meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from Kao Corp. has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Kao Corp. in the interactive database Compare manager voting policies

How asset managers voted at the Kao Corp. 2025-2026 meetings

Each item below shows how the 84 asset managers that disclosed a Kao Corp. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Kao Corp.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Director Sakurai, Eriko

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 68 asset managers

The 68 asset managers below reported 31,096,150 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 31,096,150
Largest asset managers voting on “Elect Director Sakurai, Eriko” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,892,3630 00For
JPMorgan4,517,7280 00For
Fidelity2,670,0610 00For
Charles Schwab1,766,0400 00For
TIAA1,235,6790 00For
AQR1,072,5000 00For
State Street1,026,6000 00For
WisdomTree549,1800 00For
MFS510,0940 00For
Prudential/PGIM432,3990 00For
SEI403,8000 00For
MATTHEWS INTERNATIONAL FUNDS403,3000 00For
Franklin Templeton295,7230 00For
Northern Trust183,3030 00For
Russell Investments150,3000 00For
RMB INVESTORS TRUST125,8000 00For
Lincoln Financial122,5000 00For
Dimensional122,2000 00For
Equitable115,7700 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
AIG/SunAmerica102,6000 00For
BlackRock102,3000 00For
Goldman Sachs101,6150 00For
Mercer Funds92,2000 00For
GuideStone90,4000 00For

Showing the 25 largest of 68 asset managers. All 68 are in the interactive database (link above).

2. Elect Director Lisa MacCallum

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 68 asset managers

The 68 asset managers below reported 31,047,762 for, 48,388 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 31,047,762AGAINST: 48,388
Largest asset managers voting on “Elect Director Lisa MacCallum” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,892,3630 00For
JPMorgan4,517,7280 00For
Fidelity2,670,0610 00For
Charles Schwab1,766,0400 00For
TIAA1,235,6790 00For
AQR1,072,5000 00For
State Street1,026,6000 00For
WisdomTree549,1800 00For
MFS510,0940 00For
Prudential/PGIM432,3990 00For
SEI355,41248,388 00Mixed
MATTHEWS INTERNATIONAL FUNDS403,3000 00For
Franklin Templeton295,7230 00For
Northern Trust183,3030 00For
Russell Investments150,3000 00For
RMB INVESTORS TRUST125,8000 00For
Lincoln Financial122,5000 00For
Dimensional122,2000 00For
Equitable115,7700 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
AIG/SunAmerica102,6000 00For
BlackRock102,3000 00For
Goldman Sachs101,6150 00For
Mercer Funds92,2000 00For
GuideStone90,4000 00For

Showing the 25 largest of 68 asset managers. All 68 are in the interactive database (link above).

3. Elect Director Takashima, Makoto

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

84% of fund votes cast · no official result

FORAGAINST
Details: votes by 68 asset managers

The 68 asset managers below reported 26,208,443 for, 4,887,707 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 26,208,443AGAINST: 4,887,707
Largest asset managers voting on “Elect Director Takashima, Makoto” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,892,3630 00For
JPMorgan04,517,728 00Against
Fidelity2,667,1832,878 00For
Charles Schwab1,766,0400 00For
TIAA1,235,6790 00For
AQR1,072,5000 00For
State Street1,026,6000 00For
WisdomTree549,1800 00For
MFS510,0940 00For
Prudential/PGIM124,499307,900 00Mixed
SEI403,8000 00For
MATTHEWS INTERNATIONAL FUNDS403,3000 00For
Franklin Templeton295,7230 00For
Northern Trust183,3030 00For
Russell Investments150,3000 00For
RMB INVESTORS TRUST125,8000 00For
Lincoln Financial122,5000 00For
Dimensional122,2000 00For
Equitable115,7700 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
AIG/SunAmerica102,6000 00For
BlackRock102,3000 00For
Goldman Sachs101,6150 00For
Mercer Funds92,2000 00For
GuideStone90,4000 00For

Showing the 25 largest of 68 asset managers. All 68 are in the interactive database (link above).

4. Elect Director Negoro, Masakazu

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 68 asset managers

The 68 asset managers below reported 31,047,762 for, 48,388 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 31,047,762AGAINST: 48,388
Largest asset managers voting on “Elect Director Negoro, Masakazu” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,892,3630 00For
JPMorgan4,517,7280 00For
Fidelity2,670,0610 00For
Charles Schwab1,766,0400 00For
TIAA1,235,6790 00For
AQR1,072,5000 00For
State Street1,026,6000 00For
WisdomTree549,1800 00For
MFS510,0940 00For
Prudential/PGIM432,3990 00For
SEI355,41248,388 00Mixed
MATTHEWS INTERNATIONAL FUNDS403,3000 00For
Franklin Templeton295,7230 00For
Northern Trust183,3030 00For
Russell Investments150,3000 00For
RMB INVESTORS TRUST125,8000 00For
Lincoln Financial122,5000 00For
Dimensional122,2000 00For
Equitable115,7700 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
AIG/SunAmerica102,6000 00For
BlackRock102,3000 00For
Goldman Sachs101,6150 00For
Mercer Funds92,2000 00For
GuideStone90,4000 00For

Showing the 25 largest of 68 asset managers. All 68 are in the interactive database (link above).

5. Elect Director Sarah L. Casanova

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 68 asset managers

The 68 asset managers below reported 31,096,150 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 31,096,150
Largest asset managers voting on “Elect Director Sarah L. Casanova” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,892,3630 00For
JPMorgan4,517,7280 00For
Fidelity2,670,0610 00For
Charles Schwab1,766,0400 00For
TIAA1,235,6790 00For
AQR1,072,5000 00For
State Street1,026,6000 00For
WisdomTree549,1800 00For
MFS510,0940 00For
Prudential/PGIM432,3990 00For
SEI403,8000 00For
MATTHEWS INTERNATIONAL FUNDS403,3000 00For
Franklin Templeton295,7230 00For
Northern Trust183,3030 00For
Russell Investments150,3000 00For
RMB INVESTORS TRUST125,8000 00For
Lincoln Financial122,5000 00For
Dimensional122,2000 00For
Equitable115,7700 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
AIG/SunAmerica102,6000 00For
BlackRock102,3000 00For
Goldman Sachs101,6150 00For
Mercer Funds92,2000 00For
GuideStone90,4000 00For

Showing the 25 largest of 68 asset managers. All 68 are in the interactive database (link above).

6. Elect Director Okuyama, Shinji

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 68 asset managers

The 68 asset managers below reported 31,096,150 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 31,096,150
Largest asset managers voting on “Elect Director Okuyama, Shinji” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,892,3630 00For
JPMorgan4,517,7280 00For
Fidelity2,670,0610 00For
Charles Schwab1,766,0400 00For
TIAA1,235,6790 00For
AQR1,072,5000 00For
State Street1,026,6000 00For
WisdomTree549,1800 00For
MFS510,0940 00For
Prudential/PGIM432,3990 00For
SEI403,8000 00For
MATTHEWS INTERNATIONAL FUNDS403,3000 00For
Franklin Templeton295,7230 00For
Northern Trust183,3030 00For
Russell Investments150,3000 00For
RMB INVESTORS TRUST125,8000 00For
Lincoln Financial122,5000 00For
Dimensional122,2000 00For
Equitable115,7700 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
AIG/SunAmerica102,6000 00For
BlackRock102,3000 00For
Goldman Sachs101,6150 00For
Mercer Funds92,2000 00For
GuideStone90,4000 00For

Showing the 25 largest of 68 asset managers. All 68 are in the interactive database (link above).

7. Elect Director Nishii, Takaaki

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 68 asset managers

The 68 asset managers below reported 31,096,150 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 31,096,150
Largest asset managers voting on “Elect Director Nishii, Takaaki” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,892,3630 00For
JPMorgan4,517,7280 00For
Fidelity2,670,0610 00For
Charles Schwab1,766,0400 00For
TIAA1,235,6790 00For
AQR1,072,5000 00For
State Street1,026,6000 00For
WisdomTree549,1800 00For
MFS510,0940 00For
Prudential/PGIM432,3990 00For
SEI403,8000 00For
MATTHEWS INTERNATIONAL FUNDS403,3000 00For
Franklin Templeton295,7230 00For
Northern Trust183,3030 00For
Russell Investments150,3000 00For
RMB INVESTORS TRUST125,8000 00For
Lincoln Financial122,5000 00For
Dimensional122,2000 00For
Equitable115,7700 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
AIG/SunAmerica102,6000 00For
BlackRock102,3000 00For
Goldman Sachs101,6150 00For
Mercer Funds92,2000 00For
GuideStone90,4000 00For

Showing the 25 largest of 68 asset managers. All 68 are in the interactive database (link above).

8. Elect Director Nishiguchi, Toru

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 68 asset managers

The 68 asset managers below reported 31,047,762 for, 48,388 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 31,047,762AGAINST: 48,388
Largest asset managers voting on “Elect Director Nishiguchi, Toru” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,892,3630 00For
JPMorgan4,517,7280 00For
Fidelity2,670,0610 00For
Charles Schwab1,766,0400 00For
TIAA1,235,6790 00For
AQR1,072,5000 00For
State Street1,026,6000 00For
WisdomTree549,1800 00For
MFS510,0940 00For
Prudential/PGIM432,3990 00For
SEI355,41248,388 00Mixed
MATTHEWS INTERNATIONAL FUNDS403,3000 00For
Franklin Templeton295,7230 00For
Northern Trust183,3030 00For
Russell Investments150,3000 00For
RMB INVESTORS TRUST125,8000 00For
Lincoln Financial122,5000 00For
Dimensional122,2000 00For
Equitable115,7700 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
AIG/SunAmerica102,6000 00For
BlackRock102,3000 00For
Goldman Sachs101,6150 00For
Mercer Funds92,2000 00For
GuideStone90,4000 00For

Showing the 25 largest of 68 asset managers. All 68 are in the interactive database (link above).

9. Elect Director Hasebe, Yoshihiro

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

99.7% of fund votes cast · no official result

FOR
Details: votes by 68 asset managers

The 68 asset managers below reported 31,018,278 for, 77,872 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 31,018,278AGAINST: 77,872
Largest asset managers voting on “Elect Director Hasebe, Yoshihiro” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,892,3630 00For
JPMorgan4,517,7280 00For
Fidelity2,670,0610 00For
Charles Schwab1,766,0400 00For
TIAA1,235,6790 00For
AQR1,072,5000 00For
State Street1,026,6000 00For
WisdomTree549,1800 00For
MFS510,0940 00For
Prudential/PGIM432,3990 00For
SEI355,41248,388 00Mixed
MATTHEWS INTERNATIONAL FUNDS403,3000 00For
Franklin Templeton295,7230 00For
Northern Trust183,3030 00For
Russell Investments150,3000 00For
RMB INVESTORS TRUST125,8000 00For
Lincoln Financial122,5000 00For
Dimensional122,2000 00For
Equitable115,7700 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
AIG/SunAmerica102,6000 00For
BlackRock102,3000 00For
Goldman Sachs101,6150 00For
Mercer Funds92,2000 00For
GuideStone90,4000 00For

Showing the 25 largest of 68 asset managers. All 68 are in the interactive database (link above).

10. Appoint a director hasebe, yoshihiro

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

99.8% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPOINT A DIRECTOR HASEBE, YOSHIHIRO

The 15 asset managers below reported 11,085,588 for, 15,702 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,085,588AGAINST: 15,702
Largest asset managers voting on “APPOINT A DIRECTOR HASEBE, YOSHIHIRO” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust191,9000 00For
Six Circles Trust170,1000 00For
John Hancock92,9900 00For
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust16,7000 00For
TIMOTHY PLAN015,702 00Against
GREEN CENTURY FUNDS15,4000 00For
Jackson National14,2000 00For
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

11. Appoint a Director Lisa MacCallum

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 11,101,290 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,101,290
Largest asset managers voting on “Appoint a Director Lisa MacCallum” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust191,9000 00For
Six Circles Trust170,1000 00For
John Hancock92,9900 00For
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust16,7000 00For
TIMOTHY PLAN15,7020 00For
GREEN CENTURY FUNDS15,4000 00For
Jackson National14,2000 00For
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

12. Appoint a director negoro, masakazu

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPOINT A DIRECTOR NEGORO, MASAKAZU

The 15 asset managers below reported 11,101,290 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,101,290
Largest asset managers voting on “APPOINT A DIRECTOR NEGORO, MASAKAZU” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust191,9000 00For
Six Circles Trust170,1000 00For
John Hancock92,9900 00For
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust16,7000 00For
TIMOTHY PLAN15,7020 00For
GREEN CENTURY FUNDS15,4000 00For
Jackson National14,2000 00For
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

13. Appoint a director nishiguchi, toru

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPOINT A DIRECTOR NISHIGUCHI, TORU

The 15 asset managers below reported 11,101,290 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,101,290
Largest asset managers voting on “APPOINT A DIRECTOR NISHIGUCHI, TORU” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust191,9000 00For
Six Circles Trust170,1000 00For
John Hancock92,9900 00For
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust16,7000 00For
TIMOTHY PLAN15,7020 00For
GREEN CENTURY FUNDS15,4000 00For
Jackson National14,2000 00For
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

14. Appoint a director nishii, takaaki

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPOINT A DIRECTOR NISHII, TAKAAKI

The 15 asset managers below reported 11,101,290 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,101,290
Largest asset managers voting on “APPOINT A DIRECTOR NISHII, TAKAAKI” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust191,9000 00For
Six Circles Trust170,1000 00For
John Hancock92,9900 00For
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust16,7000 00For
TIMOTHY PLAN15,7020 00For
GREEN CENTURY FUNDS15,4000 00For
Jackson National14,2000 00For
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

15. Appoint a director okuyama, shinji

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPOINT A DIRECTOR OKUYAMA, SHINJI

The 15 asset managers below reported 11,101,290 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,101,290
Largest asset managers voting on “APPOINT A DIRECTOR OKUYAMA, SHINJI” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust191,9000 00For
Six Circles Trust170,1000 00For
John Hancock92,9900 00For
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust16,7000 00For
TIMOTHY PLAN15,7020 00For
GREEN CENTURY FUNDS15,4000 00For
Jackson National14,2000 00For
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

16. Appoint a director sakurai, eriko

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPOINT A DIRECTOR SAKURAI, ERIKO

The 15 asset managers below reported 11,101,290 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,101,290
Largest asset managers voting on “APPOINT A DIRECTOR SAKURAI, ERIKO” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust191,9000 00For
Six Circles Trust170,1000 00For
John Hancock92,9900 00For
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust16,7000 00For
TIMOTHY PLAN15,7020 00For
GREEN CENTURY FUNDS15,4000 00For
Jackson National14,2000 00For
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

17. Appoint a director sarah l. casanova

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPOINT A DIRECTOR SARAH L. CASANOVA

The 15 asset managers below reported 11,101,290 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,101,290
Largest asset managers voting on “APPOINT A DIRECTOR SARAH L. CASANOVA” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust191,9000 00For
Six Circles Trust170,1000 00For
John Hancock92,9900 00For
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust16,7000 00For
TIMOTHY PLAN15,7020 00For
GREEN CENTURY FUNDS15,4000 00For
Jackson National14,2000 00For
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

18. Appoint a director takashima, makoto

No official resultsDIRECTOR ELECTIONS

Meeting held March 26, 2026; no official results are on file for this meeting.

99.8% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPOINT A DIRECTOR TAKASHIMA, MAKOTO

The 15 asset managers below reported 11,084,390 for, 16,900 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,084,390AGAINST: 16,900
Largest asset managers voting on “APPOINT A DIRECTOR TAKASHIMA, MAKOTO” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust191,9000 00For
Six Circles Trust170,1000 00For
John Hancock92,9900 00For
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust016,700 00Against
TIMOTHY PLAN15,7020 00For
GREEN CENTURY FUNDS15,4000 00For
Jackson National14,000200 00For
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

19. Approve Allocation of Income, with a Final Dividend of JPY 77

No official resultsCAPITAL STRUCTURE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 55 asset managers

The 55 asset managers below reported 28,317,526 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,317,526
Largest asset managers voting on “Approve Allocation of Income, with a Final Dividend of JPY 77” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,837,5820 00For
JPMorgan4,517,7280 00For
Fidelity2,670,0610 00For
TIAA1,235,6790 00For
AQR1,072,5000 00For
State Street1,026,6000 00For
WisdomTree549,1800 00For
MFS510,0940 00For
MATTHEWS INTERNATIONAL FUNDS403,3000 00For
Prudential/PGIM354,8000 00For
Franklin Templeton295,7230 00For
Northern Trust183,3030 00For
RMB INVESTORS TRUST125,8000 00For
Lincoln Financial122,5000 00For
Dimensional122,2000 00For
Equitable115,7700 00For
AIG/SunAmerica102,6000 00For
BlackRock102,3000 00For
Goldman Sachs101,6150 00For
GuideStone90,4000 00For
Voya83,1750 00For
Brighthouse80,3860 00For
OLD WESTBURY FUNDS INC65,9790 00For
American Century49,0000 00For
Principal43,5000 00For

Showing the 25 largest of 55 asset managers. All 55 are in the interactive database (link above).

20. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 2,778,624 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,778,624
Largest asset managers voting on “Allocation of Profits/Dividends” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,766,0400 00For
SEI403,8000 00For
Russell Investments150,3000 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
Mercer Funds92,2000 00For
Prudential/PGIM77,5990 00For
Vanguard54,7810 00For
Hartford42,2500 00For
Venerable Variable Insurance Trust23,1000 00For
Nationwide22,0000 00For
PACE SELECT ADVISORS TRUST19,0000 00For
Federated Hermes5,6000 00For
VanEck ETF Trust3,8000 00For
Morningstar Funds Trust3,6000 00For
Global X1,3540 00For
Adviser Managed Trust8000 00For

21. Approve appropriation of surplus

No official resultsCAPITAL STRUCTURE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPROVE APPROPRIATION OF SURPLUS

The 15 asset managers below reported 11,101,290 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,101,290
Largest asset managers voting on “APPROVE APPROPRIATION OF SURPLUS” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust191,9000 00For
Six Circles Trust170,1000 00For
John Hancock92,9900 00For
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust16,7000 00For
TIMOTHY PLAN15,7020 00For
GREEN CENTURY FUNDS15,4000 00For
Jackson National14,2000 00For
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

22. Approve Compensation Ceiling for Directors

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 54 asset managers

The 54 asset managers below reported 28,316,026 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,316,026
Largest asset managers voting on “Approve Compensation Ceiling for Directors” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,837,5820 00For
JPMorgan4,517,7280 00For
Fidelity2,670,0610 00For
TIAA1,235,6790 00For
AQR1,072,5000 00For
State Street1,026,6000 00For
WisdomTree549,1800 00For
MFS510,0940 00For
MATTHEWS INTERNATIONAL FUNDS403,3000 00For
Prudential/PGIM354,8000 00For
Franklin Templeton295,7230 00For
Northern Trust183,3030 00For
RMB INVESTORS TRUST125,8000 00For
Lincoln Financial122,5000 00For
Dimensional122,2000 00For
Equitable115,7700 00For
AIG/SunAmerica102,6000 00For
BlackRock102,3000 00For
Goldman Sachs101,6150 00For
GuideStone90,4000 00For
Voya83,1750 00For
Brighthouse80,3860 00For
OLD WESTBURY FUNDS INC65,9790 00For
American Century49,0000 00For
Principal43,5000 00For

Showing the 25 largest of 54 asset managers. All 54 are in the interactive database (link above).

23. Approve Trust-Type Equity Compensation Plan

Meeting held March 26, 2026; no official results are on file for this meeting.

78% of fund votes cast · no official result

FORAGAINST
Details: votes by 54 asset managers

The 54 asset managers below reported 22,144,020 for, 6,172,006 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 22,144,020AGAINST: 6,172,006
Largest asset managers voting on “Approve Trust-Type Equity Compensation Plan” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,837,5820 00For
JPMorgan4,517,7280 00For
Fidelity2,664,1395,922 00For
TIAA01,235,679 00Against
AQR01,072,500 00Against
State Street01,026,600 00Against
WisdomTree0549,180 00Against
MFS510,0940 00For
MATTHEWS INTERNATIONAL FUNDS0403,300 00Against
Prudential/PGIM354,8000 00For
Franklin Templeton0295,723 00Against
Northern Trust0183,303 00Against
RMB INVESTORS TRUST0125,800 00Against
Lincoln Financial0122,500 00Against
Dimensional0122,200 00Against
Equitable28,33887,432 00Mixed
AIG/SunAmerica0102,600 00Against
BlackRock102,3000 00For
Goldman Sachs0101,615 00Against
GuideStone090,400 00Against
Voya083,175 00Against
Brighthouse40,90039,486 00Mixed
OLD WESTBURY FUNDS INC065,979 00Against
American Century049,000 00Against
Principal043,500 00Against

Showing the 25 largest of 54 asset managers. All 54 are in the interactive database (link above).

24. Amendment to the Equity Compensation Plan

Meeting held March 26, 2026; no official results are on file for this meeting.

97% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 2,686,424 for, 92,200 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,686,424AGAINST: 92,200
Largest asset managers voting on “Amendment to the Equity Compensation Plan” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,766,0400 00For
SEI403,8000 00For
Russell Investments150,3000 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
Mercer Funds092,200 00Against
Prudential/PGIM77,5990 00For
Vanguard54,7810 00For
Hartford42,2500 00For
Venerable Variable Insurance Trust23,1000 00For
Nationwide22,0000 00For
PACE SELECT ADVISORS TRUST19,0000 00For
Federated Hermes5,6000 00For
VanEck ETF Trust3,8000 00For
Morningstar Funds Trust3,6000 00For
Global X1,3540 00For
Adviser Managed Trust8000 00For

25. Directors' Fees

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 2,778,624 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,778,624
Largest asset managers voting on “Directors' Fees” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,766,0400 00For
SEI403,8000 00For
Russell Investments150,3000 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
Mercer Funds92,2000 00For
Prudential/PGIM77,5990 00For
Vanguard54,7810 00For
Hartford42,2500 00For
Venerable Variable Insurance Trust23,1000 00For
Nationwide22,0000 00For
PACE SELECT ADVISORS TRUST19,0000 00For
Federated Hermes5,6000 00For
VanEck ETF Trust3,8000 00For
Morningstar Funds Trust3,6000 00For
Global X1,3540 00For
Adviser Managed Trust8000 00For

26. Approve details of the compensation to be received by directors

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPROVE DETAILS OF THE COMPENSATION TO BE RECEIVED BY DIRECTORS

The 15 asset managers below reported 11,101,290 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,101,290
Largest asset managers voting on “APPROVE DETAILS OF THE COMPENSATION TO BE RECEIVED BY DIRECTORS” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust191,9000 00For
Six Circles Trust170,1000 00For
John Hancock92,9900 00For
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust16,7000 00For
TIMOTHY PLAN15,7020 00For
GREEN CENTURY FUNDS15,4000 00For
Jackson National14,2000 00For
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

27. Approve details of the stock compensation to be received by directors

Meeting held March 26, 2026; no official results are on file for this meeting.

98% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPROVE DETAILS OF THE STOCK COMPENSATION TO BE RECEIVED BY DIRECTORS

The 15 asset managers below reported 10,829,700 for, 271,590 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 10,829,700AGAINST: 271,590
Largest asset managers voting on “APPROVE DETAILS OF THE STOCK COMPENSATION TO BE RECEIVED BY DIRECTORS” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust27,300164,600 00Mixed
Six Circles Trust170,1000 00For
John Hancock092,990 00Against
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust16,7000 00For
TIMOTHY PLAN15,7020 00For
GREEN CENTURY FUNDS15,4000 00For
Jackson National20014,000 00Against
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

28. Appoint Statutory Auditor Tamaki, Shuji

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 55 asset managers

The 55 asset managers below reported 28,317,526 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 28,317,526
Largest asset managers voting on “Appoint Statutory Auditor Tamaki, Shuji” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,837,5820 00For
JPMorgan4,517,7280 00For
Fidelity2,670,0610 00For
TIAA1,235,6790 00For
AQR1,072,5000 00For
State Street1,026,6000 00For
WisdomTree549,1800 00For
MFS510,0940 00For
MATTHEWS INTERNATIONAL FUNDS403,3000 00For
Prudential/PGIM354,8000 00For
Franklin Templeton295,7230 00For
Northern Trust183,3030 00For
RMB INVESTORS TRUST125,8000 00For
Lincoln Financial122,5000 00For
Dimensional122,2000 00For
Equitable115,7700 00For
AIG/SunAmerica102,6000 00For
BlackRock102,3000 00For
Goldman Sachs101,6150 00For
GuideStone90,4000 00For
Voya83,1750 00For
Brighthouse80,3860 00For
OLD WESTBURY FUNDS INC65,9790 00For
American Century49,0000 00For
Principal43,5000 00For

Showing the 25 largest of 55 asset managers. All 55 are in the interactive database (link above).

29. Elect Shuji Tamaki as Statutory Auditor

No official resultsCORPORATE GOVERNANCE

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 2,778,624 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,778,624
Largest asset managers voting on “Elect Shuji Tamaki as Statutory Auditor” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,766,0400 00For
SEI403,8000 00For
Russell Investments150,3000 00For
IMPAX FUNDS SERIES TRUST I112,4000 00For
Mercer Funds92,2000 00For
Prudential/PGIM77,5990 00For
Vanguard54,7810 00For
Hartford42,2500 00For
Venerable Variable Insurance Trust23,1000 00For
Nationwide22,0000 00For
PACE SELECT ADVISORS TRUST19,0000 00For
Federated Hermes5,6000 00For
VanEck ETF Trust3,8000 00For
Morningstar Funds Trust3,6000 00For
Global X1,3540 00For
Adviser Managed Trust8000 00For

30. Appoint a corporate auditor tamaki, shuji

No official resultsAUDIT-RELATED

Meeting held March 26, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPOINT A CORPORATE AUDITOR TAMAKI, SHUJI

The 15 asset managers below reported 11,101,290 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,101,290
Largest asset managers voting on “APPOINT A CORPORATE AUDITOR TAMAKI, SHUJI” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock10,500,3070 00For
Bridge Builder Trust191,9000 00For
Six Circles Trust170,1000 00For
John Hancock92,9900 00For
MASTER INVESTMENT PORTFOLIO34,5000 00For
CANTOR SELECT PORTFOLIOS TRUST32,1000 00For
Guardian Variable Products Trust16,7000 00For
TIMOTHY PLAN15,7020 00For
GREEN CENTURY FUNDS15,4000 00For
Jackson National14,2000 00For
Advisors' Inner Circle Fund III7,8390 00For
Pacer Funds Trust3,6520 00For
COMMONWEALTH INTERNATIONAL SERIES TRUST2,0000 00For
Krane Shares Trust2,0000 00For
SARATOGA ADVANTAGE TRUST1,9000 00For

31. Appoint Three Individuals to Investigate Status of Operations and Property of the Company including Potential Failures…

No official resultsENVIRONMENT OR CLIMATEHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEOTHER SOCIAL ISSUES

Meeting held April 30, 2026; no official results are on file for this meeting.

11% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 54 asset managers

Description as filed by funds: Appoint Three Individuals to Investigate Status of Operations and Property of the Company including Potential Failures of Risk Management, Internal Controls and Board Oversight related to Palm Oil, Paper and Pulp Supply Chains

The 54 asset managers below reported 2,993,635 for, 23,802,076 against, 70,900 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,993,635AGAINST: 23,802,076ABSTAIN: 70,900
Largest asset managers voting on “Appoint Three Individuals to Investigate Status of Operations and Property of the Company including Potential ” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard013,660,782 00Against
JPMorgan03,622,800 00Against
Fidelity46,4003,336,461 00Against
State Street01,072,000 00Against
TIAA0698,583 00Against
AQR628,3000 00For
WisdomTree563,1100 00For
BlackRock0363,800 00Against
Franklin Templeton320,2930 00For
MATTHEWS INTERNATIONAL FUNDS301,5000 00For
DWS237,0330 00For
Dimensional0212,465 00Against
Empower82,900110,000 00Mixed
Northern Trust21,351168,761 00Mixed
RMB INVESTORS TRUST150,6000 00For
Goldman Sachs0149,223 00Against
Invesco102,3800 00For
AIG/SunAmerica20,9000 68,9000Mixed
Voya87,4750 00For
Lincoln Financial076,900 00Against
Prudential/PGIM070,100 00Against
OLD WESTBURY FUNDS INC65,9790 00For
GuideStone51,6000 00For
American Century051,500 00Against
Nationwide27,07120,192 00Mixed

Showing the 25 largest of 54 asset managers. All 54 are in the interactive database (link above).

32. Shareholder Proposal Regarding Investigation of Palm Oil Supply Chain

No official resultsENVIRONMENT OR CLIMATE

Meeting held April 30, 2026; no official results are on file for this meeting.

4% of fund votes cast · no official result

AGAINST
Details: votes by 16 asset managers

The 16 asset managers below reported 97,900 for, 2,440,685 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 97,900AGAINST: 2,440,685
Largest asset managers voting on “Shareholder Proposal Regarding Investigation of Palm Oil Supply Chain” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab01,824,581 00Against
Prudential/PGIM0127,489 00Against
Nationwide0116,200 00Against
IMPAX FUNDS SERIES TRUST I0112,400 00Against
Russell Investments095,700 00Against
Mercer Funds92,2000 00For
PACE SELECT ADVISORS TRUST050,500 00Against
Vanguard041,881 00Against
Hartford1,00029,670 00Against
Venerable Variable Insurance Trust020,800 00Against
Principal014,500 00Against
Federated Hermes4,4000 00For
VanEck ETF Trust04,400 00Against
Global X01,764 00Against
Adviser Managed Trust0800 00Against
Brighthouse3000 00For

33. Shareholder proposal: to appoint independent investigators to examine the company's business and financial condition as…

Meeting held April 30, 2026; no official results are on file for this meeting.

3% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 15 asset managers

Description as filed by funds: SHAREHOLDER PROPOSAL: TO APPOINT INDEPENDENT INVESTIGATORS TO EXAMINE THE COMPANY'S BUSINESS AND FINANCIAL CONDITION AS PROVIDED FOR IN ARTICLE 316, PARAGRAPH 2 OF THE COMPANIES ACT, INCLUDING POTENTIAL FAILURES OF RISK MANAGEMENT, INTERNAL CONTROLS AND BOARD OVERSIGHT RELATING TO MATERIAL ISSUES IN THE COMPANY'S PALM OIL AND PAPER / PULP SUPPLY CHAINS

The 15 asset managers below reported 398,024 for, 11,222,172 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 398,024AGAINST: 11,222,172
Largest asset managers voting on “SHAREHOLDER PROPOSAL: TO APPOINT INDEPENDENT INVESTIGATORS TO EXAMINE THE COMPANY'S BUSINESS AND FINANCIAL CON” at Kao Corp., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock010,820,907 00Against
Bridge Builder Trust164,60027,300 00Mixed
Six Circles Trust0174,300 00Against
John Hancock148,72416,600 00Mixed
Jackson National70,30013,400 00Mixed
MASTER INVESTMENT PORTFOLIO075,700 00Against
CANTOR SELECT PORTFOLIOS TRUST039,100 00Against
TIMOTHY PLAN017,704 00Against
Guardian Variable Products Trust016,500 00Against
GREEN CENTURY FUNDS14,4000 00For
Advisors' Inner Circle Fund III08,904 00Against
WILSHIRE MUTUAL FUNDS INC04,100 00Against
Pacer Funds Trust03,757 00Against
COMMONWEALTH INTERNATIONAL SERIES TRUST02,000 00Against
SARATOGA ADVANTAGE TRUST01,900 00Against

Largest Kao Corp. shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top Kao Corp. shareholders by shares voted on “Elect Director Sakurai, Eriko”, 2025-2026
#Asset manager Shares voted
1Vanguard 13,892,363
2JPMorgan 4,517,728
3Fidelity 2,670,061
4Charles Schwab 1,766,040
5TIAA 1,235,679
6AQR 1,072,500
7State Street 1,026,600
8WisdomTree 549,180
9MFS 510,094
10Prudential/PGIM 432,399

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Kao Corp. for the 2025-2026 season, so there is no denominator to divide by.

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About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

Kao Corp. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

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proxyvotesnow.com, “Kao Corp. 2026 Shareholder Meetings: Vote Results & How Funds Voted”, https://proxyvotesnow.com/company/kao-corp/2026 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.