Home › Companies › Komatsu Ltd. › 2025-2026

Komatsu Ltd. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

24Reported items
108Asset managers
3,544Fund votes
2026-06-23Meeting date

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

Explore Komatsu Ltd. in the interactive database Compare manager voting policies

How asset managers voted at the Komatsu Ltd. 2025-2026 meeting

Each item below shows how the 108 asset managers that disclosed a Komatsu Ltd. 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 Komatsu Ltd.’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 Ogawa, Hiroyuki

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99% fund support · no official result

FOR 99%

The 89 asset managers below cast 99% of the shares they voted on this item FOR (101,807,815 for, 1,117,082 against).

FOR: 101,807,815 (98.9%)AGAINST: 1,117,082 (1.1%)

Largest asset managers voting on “Elect Director Ogawa, Hiroyuki” at Komatsu Ltd., 2025-2026
Asset manager	For	Against	Vote
Vanguard	26,595,833	0	For
Fidelity	20,831,245	0	For
Capital Group	8,064,996	0	For
JANUS INVESTMENT FUND	5,011,500	0	For
T. Rowe Price	4,577,105	0	For
Charles Schwab	3,940,763	0	For
OLD WESTBURY FUNDS INC	3,399,256	0	For
TIAA	3,249,816	0	For
JPMorgan	3,017,900	0	For
Dimensional	2,515,412	0	For
EUPAC FUND	2,222,800	0	For
State Street	2,214,781	0	For
WisdomTree	1,917,073	0	For
DWS	1,399,437	0	For
INTERNATIONAL GROWTH & INCOME FUND	1,338,700	0	For
ARK ETF Trust	905,851	0	For
Transamerica	781,300	0	For
GMO	751,500	0	For
Legg Mason	721,800	0	For
Franklin Templeton	690,702	0	For
Principal	0	576,847	Against
Lincoln Financial	561,300	0	For
American Century	549,300	0	For
Northern Trust	478,260	0	For
Columbia Threadneedle	440,276	0	For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

2. Elect Director Sawada, Michitaka

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 89 asset managers below cast 99.8% of the shares they voted on this item FOR (102,721,205 for, 203,692 against).

FOR: 102,721,205 (99.8%)AGAINST: 203,692 (0.2%)

Largest asset managers voting on “Elect Director Sawada, Michitaka” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
Vanguard	26,595,833	For
Fidelity	20,831,245	For
Capital Group	8,064,996	For
JANUS INVESTMENT FUND	5,011,500	For
T. Rowe Price	4,577,105	For
Charles Schwab	3,940,763	For
OLD WESTBURY FUNDS INC	3,399,256	For
TIAA	3,249,816	For
JPMorgan	3,017,900	For
Dimensional	2,515,412	For
EUPAC FUND	2,222,800	For
State Street	2,214,781	For
WisdomTree	1,917,073	For
DWS	1,399,437	For
INTERNATIONAL GROWTH & INCOME FUND	1,338,700	For
ARK ETF Trust	905,851	For
Transamerica	781,300	For
GMO	751,500	For
Legg Mason	721,800	For
Franklin Templeton	690,702	For
Principal	576,847	For
Lincoln Financial	561,300	For
American Century	549,300	For
Northern Trust	478,260	For
Columbia Threadneedle	440,276	For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

3. Elect Director Yokomoto, Mitsuko

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.2% fund support · no official result

FOR 99.2%

The 89 asset managers below cast 99.2% of the shares they voted on this item FOR (102,174,133 for, 750,764 against).

FOR: 102,174,133 (99.3%)AGAINST: 750,764 (0.7%)

Largest asset managers voting on “Elect Director Yokomoto, Mitsuko” at Komatsu Ltd., 2025-2026
Asset manager	For	Against	Vote
Vanguard	26,595,833	0	For
Fidelity	20,831,245	0	For
Capital Group	8,064,996	0	For
JANUS INVESTMENT FUND	5,011,500	0	For
T. Rowe Price	4,577,105	0	For
Charles Schwab	3,940,763	0	For
OLD WESTBURY FUNDS INC	3,399,256	0	For
TIAA	3,249,816	0	For
JPMorgan	3,017,900	0	For
Dimensional	2,515,412	0	For
EUPAC FUND	2,222,800	0	For
State Street	2,214,781	0	For
WisdomTree	1,917,073	0	For
DWS	1,399,437	0	For
INTERNATIONAL GROWTH & INCOME FUND	1,338,700	0	For
ARK ETF Trust	905,851	0	For
Transamerica	781,300	0	For
GMO	751,500	0	For
Legg Mason	721,800	0	For
Franklin Templeton	690,702	0	For
Principal	287,200	289,647	Against
Lincoln Financial	561,300	0	For
American Century	549,300	0	For
Northern Trust	478,260	0	For
Columbia Threadneedle	440,276	0	For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

4. Elect Director Saiki, Naoko

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 89 asset managers below cast 99.8% of the shares they voted on this item FOR (102,721,205 for, 203,692 against).

FOR: 102,721,205 (99.8%)AGAINST: 203,692 (0.2%)

Largest asset managers voting on “Elect Director Saiki, Naoko” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
Vanguard	26,595,833	For
Fidelity	20,831,245	For
Capital Group	8,064,996	For
JANUS INVESTMENT FUND	5,011,500	For
T. Rowe Price	4,577,105	For
Charles Schwab	3,940,763	For
OLD WESTBURY FUNDS INC	3,399,256	For
TIAA	3,249,816	For
JPMorgan	3,017,900	For
Dimensional	2,515,412	For
EUPAC FUND	2,222,800	For
State Street	2,214,781	For
WisdomTree	1,917,073	For
DWS	1,399,437	For
INTERNATIONAL GROWTH & INCOME FUND	1,338,700	For
ARK ETF Trust	905,851	For
Transamerica	781,300	For
GMO	751,500	For
Legg Mason	721,800	For
Franklin Templeton	690,702	For
Principal	576,847	For
Lincoln Financial	561,300	For
American Century	549,300	For
Northern Trust	478,260	For
Columbia Threadneedle	440,276	For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

5. Elect Director Kusaba, Taisuke

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.1% fund support · no official result

FOR 99.1%

The 89 asset managers below cast 99.1% of the shares they voted on this item FOR (102,085,633 for, 839,264 against).

FOR: 102,085,633 (99.2%)AGAINST: 839,264 (0.8%)

Largest asset managers voting on “Elect Director Kusaba, Taisuke” at Komatsu Ltd., 2025-2026
Asset manager	For	Against	Vote
Vanguard	26,595,833	0	For
Fidelity	20,831,245	0	For
Capital Group	8,064,996	0	For
JANUS INVESTMENT FUND	5,011,500	0	For
T. Rowe Price	4,577,105	0	For
Charles Schwab	3,940,763	0	For
OLD WESTBURY FUNDS INC	3,399,256	0	For
TIAA	3,249,816	0	For
JPMorgan	3,017,900	0	For
Dimensional	2,515,412	0	For
EUPAC FUND	2,222,800	0	For
State Street	2,214,781	0	For
WisdomTree	1,917,073	0	For
DWS	1,399,437	0	For
INTERNATIONAL GROWTH & INCOME FUND	1,338,700	0	For
ARK ETF Trust	905,851	0	For
Transamerica	781,300	0	For
GMO	751,500	0	For
Legg Mason	721,800	0	For
Franklin Templeton	690,702	0	For
Principal	287,200	289,647	Against
Lincoln Financial	561,300	0	For
American Century	549,300	0	For
Northern Trust	429,660	48,600	For
Columbia Threadneedle	440,276	0	For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

6. Elect Director Kunibe, Takeshi

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

96% fund support · no official result

FOR 96%

The 89 asset managers below cast 96% of the shares they voted on this item FOR (98,670,900 for, 4,253,997 against).

FOR: 98,670,900 (95.9%)AGAINST: 4,253,997 (4.1%)

Largest asset managers voting on “Elect Director Kunibe, Takeshi” at Komatsu Ltd., 2025-2026
Asset manager	For	Against	Vote
Vanguard	26,595,833	0	For
Fidelity	20,831,245	0	For
Capital Group	8,064,996	0	For
JANUS INVESTMENT FUND	5,011,500	0	For
T. Rowe Price	4,577,105	0	For
Charles Schwab	3,940,763	0	For
OLD WESTBURY FUNDS INC	3,399,256	0	For
TIAA	3,249,816	0	For
JPMorgan	0	3,017,900	Against
Dimensional	2,515,412	0	For
EUPAC FUND	2,222,800	0	For
State Street	2,214,781	0	For
WisdomTree	1,917,073	0	For
DWS	1,399,437	0	For
INTERNATIONAL GROWTH & INCOME FUND	1,338,700	0	For
ARK ETF Trust	905,851	0	For
Transamerica	781,300	0	For
GMO	751,500	0	For
Legg Mason	721,800	0	For
Franklin Templeton	690,702	0	For
Principal	287,200	289,647	Against
Lincoln Financial	561,300	0	For
American Century	549,300	0	For
Northern Trust	478,260	0	For
Columbia Threadneedle	440,276	0	For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

7. Elect Director Imayoshi, Takuya

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

96% fund support · no official result

FOR 96%

The 89 asset managers below cast 96% of the shares they voted on this item FOR (98,520,628 for, 4,404,269 against).

FOR: 98,520,628 (95.7%)AGAINST: 4,404,269 (4.3%)

Largest asset managers voting on “Elect Director Imayoshi, Takuya” at Komatsu Ltd., 2025-2026
Asset manager	For	Against	Vote
Vanguard	26,595,833	0	For
Fidelity	20,831,245	0	For
Capital Group	8,064,996	0	For
JANUS INVESTMENT FUND	5,011,500	0	For
T. Rowe Price	4,577,105	0	For
Charles Schwab	3,940,763	0	For
OLD WESTBURY FUNDS INC	3,399,256	0	For
TIAA	3,249,816	0	For
JPMorgan	0	3,017,900	Against
Dimensional	2,515,412	0	For
EUPAC FUND	2,222,800	0	For
State Street	2,214,781	0	For
WisdomTree	1,917,073	0	For
DWS	1,399,437	0	For
INTERNATIONAL GROWTH & INCOME FUND	1,338,700	0	For
ARK ETF Trust	905,851	0	For
Transamerica	781,300	0	For
GMO	751,500	0	For
Legg Mason	721,800	0	For
Franklin Templeton	690,702	0	For
Principal	0	576,847	Against
Lincoln Financial	561,300	0	For
American Century	549,300	0	For
Northern Trust	429,660	48,600	For
Columbia Threadneedle	440,276	0	For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

8. Election of Director: Thomas M. Clark

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 89 asset managers below cast 99.8% of the shares they voted on this item FOR (102,721,205 for, 203,692 against).

FOR: 102,721,205 (99.8%)AGAINST: 203,692 (0.2%)

Largest asset managers voting on “Election of Director: Thomas M. Clark” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
Vanguard	26,595,833	For
Fidelity	20,831,245	For
Capital Group	8,064,996	For
JANUS INVESTMENT FUND	5,011,500	For
T. Rowe Price	4,577,105	For
Charles Schwab	3,940,763	For
OLD WESTBURY FUNDS INC	3,399,256	For
TIAA	3,249,816	For
JPMorgan	3,017,900	For
Dimensional	2,515,412	For
EUPAC FUND	2,222,800	For
State Street	2,214,781	For
WisdomTree	1,917,073	For
DWS	1,399,437	For
INTERNATIONAL GROWTH & INCOME FUND	1,338,700	For
ARK ETF Trust	905,851	For
Transamerica	781,300	For
GMO	751,500	For
Legg Mason	721,800	For
Franklin Templeton	690,702	For
Principal	576,847	For
Lincoln Financial	561,300	For
American Century	549,300	For
Northern Trust	478,260	For
Columbia Threadneedle	440,276	For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

9. Appoint Statutory Auditor Kosaka, Tatsuro

COMPENSATIONCORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (96,134,413 for, 0 against).

FOR: 96,134,413 (100.0%)

Largest asset managers voting on “Appoint Statutory Auditor Kosaka, Tatsuro” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
Vanguard	26,595,833	For
Fidelity	20,671,145	For
Capital Group	8,064,996	For
JANUS INVESTMENT FUND	5,011,500	For
T. Rowe Price	4,577,105	For
OLD WESTBURY FUNDS INC	3,399,256	For
TIAA	3,249,816	For
JPMorgan	3,017,900	For
Dimensional	2,515,412	For
EUPAC FUND	2,222,800	For
State Street	2,214,781	For
WisdomTree	1,917,073	For
DWS	1,399,437	For
INTERNATIONAL GROWTH & INCOME FUND	1,338,700	For
Transamerica	781,300	For
GMO	751,500	For
Legg Mason	721,800	For
Franklin Templeton	690,702	For
Lincoln Financial	561,300	For
American Century	549,300	For
Northern Trust	478,260	For
Columbia Threadneedle	440,276	For
Nuveen	397,685	For
Thrivent	329,400	For
BNY Mellon	314,500	For

Showing the 25 largest of 69 asset managers. See all 69 in the interactive database.

10. Approve Allocation of Income, with a Final Dividend of JPY 95

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (96,134,413 for, 0 against).

FOR: 96,134,413 (100.0%)

Largest asset managers voting on “Approve Allocation of Income, with a Final Dividend of JPY 95” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
Vanguard	26,595,833	For
Fidelity	20,671,145	For
Capital Group	8,064,996	For
JANUS INVESTMENT FUND	5,011,500	For
T. Rowe Price	4,577,105	For
OLD WESTBURY FUNDS INC	3,399,256	For
TIAA	3,249,816	For
JPMorgan	3,017,900	For
Dimensional	2,515,412	For
EUPAC FUND	2,222,800	For
State Street	2,214,781	For
WisdomTree	1,917,073	For
DWS	1,399,437	For
INTERNATIONAL GROWTH & INCOME FUND	1,338,700	For
Transamerica	781,300	For
GMO	751,500	For
Legg Mason	721,800	For
Franklin Templeton	690,702	For
Lincoln Financial	561,300	For
American Century	549,300	For
Northern Trust	478,260	For
Columbia Threadneedle	440,276	For
Nuveen	397,685	For
Thrivent	329,400	For
BNY Mellon	314,500	For

Showing the 25 largest of 69 asset managers. See all 69 in the interactive database.

11. Allocation of Profits/Dividends

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 22 asset managers below cast 100% of the shares they voted on this item FOR (5,836,397 for, 0 against).

FOR: 5,836,397 (100.0%)

Largest asset managers voting on “Allocation of Profits/Dividends” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
Charles Schwab	3,940,763	For
Russell Investments	357,600	For
SEI	311,067	For
Principal	289,647	For
Brinker Capital Destinations Trust	171,341	For
Fidelity	160,100	For
Empower	131,300	For
Nationwide	114,100	For
Adviser Managed Trust	90,947	For
Mercer Funds	86,300	For
Neuberger Berman	58,200	For
SEI Exchange Traded Funds	55,896	For
Venerable Variable Insurance Trust	42,300	For
Global X	7,101	For
Brighthouse	6,400	For
Perpetual Americas Funds Trust	4,015	For
ETFis Series Trust I	3,458	For
Prudential/PGIM	2,219	For
Hartford	2,142	For
Federated Hermes	1,200	For
PACE SELECT ADVISORS TRUST	300	For
New York Life	1	For

12. Elect Tatsuro Kosaka as Statutory Auditor

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 22 asset managers below cast 100% of the shares they voted on this item FOR (5,836,397 for, 0 against).

FOR: 5,836,397 (100.0%)

Largest asset managers voting on “Elect Tatsuro Kosaka as Statutory Auditor” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
Charles Schwab	3,940,763	For
Russell Investments	357,600	For
SEI	311,067	For
Principal	289,647	For
Brinker Capital Destinations Trust	171,341	For
Fidelity	160,100	For
Empower	131,300	For
Nationwide	114,100	For
Adviser Managed Trust	90,947	For
Mercer Funds	86,300	For
Neuberger Berman	58,200	For
SEI Exchange Traded Funds	55,896	For
Venerable Variable Insurance Trust	42,300	For
Global X	7,101	For
Brighthouse	6,400	For
Perpetual Americas Funds Trust	4,015	For
ETFis Series Trust I	3,458	For
Prudential/PGIM	2,219	For
Hartford	2,142	For
Federated Hermes	1,200	For
PACE SELECT ADVISORS TRUST	300	For
New York Life	1	For

13. APPOINT A CORPORATE AUDITOR KOSAKA, TATSURO

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (29,170,531 for, 0 against).

FOR: 29,170,531 (100.0%)

Largest asset managers voting on “APPOINT A CORPORATE AUDITOR KOSAKA, TATSURO” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
BlackRock	21,570,954	For
Bridge Builder Trust	3,164,792	For
John Hancock	1,895,389	For
AMANA MUTUAL FUNDS TRUST	600,000	For
ARK ETF Trust	561,865	For
HARBOR FUNDS	359,300	For
Six Circles Trust	355,300	For
Jackson National	147,000	For
CULLEN FUNDS TRUST	113,300	For
SATURNA INVESTMENT TRUST	110,000	For
EA Series Trust	86,727	For
Advisors' Inner Circle Fund III	80,200	For
MASTER INVESTMENT PORTFOLIO	35,000	For
Listed Funds Trust	21,344	For
ADVISORS SERIES TRUST	18,345	For
TIMOTHY PLAN	14,220	For
Investment Managers Series Trust II	12,100	For
Gabelli	11,000	For
Pacer Funds Trust	7,695	For
Innovator ETFs Trust	6,000	For

14. APPOINT A DIRECTOR IMAYOSHI, TAKUYA

DIRECTOR ELECTIONS

98% fund support · no official result

FOR 98%

The 20 asset managers below cast 98% of the shares they voted on this item FOR (28,539,399 for, 631,132 against).

FOR: 28,539,399 (97.8%)AGAINST: 631,132 (2.2%)

Largest asset managers voting on “APPOINT A DIRECTOR IMAYOSHI, TAKUYA” at Komatsu Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	21,570,954	0	For
Bridge Builder Trust	2,646,000	518,792	For
John Hancock	1,895,389	0	For
AMANA MUTUAL FUNDS TRUST	600,000	0	For
ARK ETF Trust	561,865	0	For
HARBOR FUNDS	359,300	0	For
Six Circles Trust	355,300	0	For
Jackson National	146,900	100	For
CULLEN FUNDS TRUST	113,300	0	For
SATURNA INVESTMENT TRUST	110,000	0	For
EA Series Trust	86,727	0	For
Advisors' Inner Circle Fund III	0	80,200	Against
MASTER INVESTMENT PORTFOLIO	35,000	0	For
Listed Funds Trust	21,344	0	For
ADVISORS SERIES TRUST	0	18,345	Against
TIMOTHY PLAN	14,220	0	For
Investment Managers Series Trust II	12,100	0	For
Gabelli	11,000	0	For
Pacer Funds Trust	0	7,695	Against
Innovator ETFs Trust	0	6,000	Against

15. APPOINT A DIRECTOR KUNIBE, TAKESHI

DIRECTOR ELECTIONS

98% fund support · no official result

FOR 98%

The 20 asset managers below cast 98% of the shares they voted on this item FOR (28,625,599 for, 544,932 against).

FOR: 28,625,599 (98.1%)AGAINST: 544,932 (1.9%)

Largest asset managers voting on “APPOINT A DIRECTOR KUNIBE, TAKESHI” at Komatsu Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	21,570,954	0	For
Bridge Builder Trust	2,646,000	518,792	For
John Hancock	1,895,389	0	For
AMANA MUTUAL FUNDS TRUST	600,000	0	For
ARK ETF Trust	561,865	0	For
HARBOR FUNDS	359,300	0	For
Six Circles Trust	355,300	0	For
Jackson National	146,900	100	For
CULLEN FUNDS TRUST	113,300	0	For
SATURNA INVESTMENT TRUST	110,000	0	For
EA Series Trust	86,727	0	For
Advisors' Inner Circle Fund III	80,200	0	For
MASTER INVESTMENT PORTFOLIO	35,000	0	For
Listed Funds Trust	21,344	0	For
ADVISORS SERIES TRUST	0	18,345	Against
TIMOTHY PLAN	14,220	0	For
Investment Managers Series Trust II	12,100	0	For
Gabelli	11,000	0	For
Pacer Funds Trust	0	7,695	Against
Innovator ETFs Trust	6,000	0	For

16. APPOINT A DIRECTOR KUSABA, TAISUKE

DIRECTOR ELECTIONS

98% fund support · no official result

FOR 98%

The 20 asset managers below cast 98% of the shares they voted on this item FOR (28,625,699 for, 544,832 against).

FOR: 28,625,699 (98.1%)AGAINST: 544,832 (1.9%)

Largest asset managers voting on “APPOINT A DIRECTOR KUSABA, TAISUKE” at Komatsu Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	21,570,954	0	For
Bridge Builder Trust	2,646,000	518,792	For
John Hancock	1,895,389	0	For
AMANA MUTUAL FUNDS TRUST	600,000	0	For
ARK ETF Trust	561,865	0	For
HARBOR FUNDS	359,300	0	For
Six Circles Trust	355,300	0	For
Jackson National	147,000	0	For
CULLEN FUNDS TRUST	113,300	0	For
SATURNA INVESTMENT TRUST	110,000	0	For
EA Series Trust	86,727	0	For
Advisors' Inner Circle Fund III	80,200	0	For
MASTER INVESTMENT PORTFOLIO	35,000	0	For
Listed Funds Trust	21,344	0	For
ADVISORS SERIES TRUST	0	18,345	Against
TIMOTHY PLAN	14,220	0	For
Investment Managers Series Trust II	12,100	0	For
Gabelli	11,000	0	For
Pacer Funds Trust	0	7,695	Against
Innovator ETFs Trust	6,000	0	For

17. APPOINT A DIRECTOR OGAWA, HIROYUKI

DIRECTOR ELECTIONS

95% fund support · no official result

FOR 95%

The 20 asset managers below cast 95% of the shares they voted on this item FOR (27,829,499 for, 1,341,032 against).

FOR: 27,829,499 (95.4%)AGAINST: 1,341,032 (4.6%)

Largest asset managers voting on “APPOINT A DIRECTOR OGAWA, HIROYUKI” at Komatsu Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	21,570,954	0	For
Bridge Builder Trust	2,646,000	518,792	For
John Hancock	1,895,389	0	For
AMANA MUTUAL FUNDS TRUST	0	600,000	Against
ARK ETF Trust	561,865	0	For
HARBOR FUNDS	359,300	0	For
Six Circles Trust	355,300	0	For
Jackson National	147,000	0	For
CULLEN FUNDS TRUST	113,300	0	For
SATURNA INVESTMENT TRUST	0	110,000	Against
EA Series Trust	86,727	0	For
Advisors' Inner Circle Fund III	0	80,200	Against
MASTER INVESTMENT PORTFOLIO	35,000	0	For
Listed Funds Trust	21,344	0	For
ADVISORS SERIES TRUST	0	18,345	Against
TIMOTHY PLAN	14,220	0	For
Investment Managers Series Trust II	12,100	0	For
Gabelli	11,000	0	For
Pacer Funds Trust	0	7,695	Against
Innovator ETFs Trust	0	6,000	Against

18. APPOINT A DIRECTOR SAIKI, NAOKO

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (29,170,531 for, 0 against).

FOR: 29,170,531 (100.0%)

Largest asset managers voting on “APPOINT A DIRECTOR SAIKI, NAOKO” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
BlackRock	21,570,954	For
Bridge Builder Trust	3,164,792	For
John Hancock	1,895,389	For
AMANA MUTUAL FUNDS TRUST	600,000	For
ARK ETF Trust	561,865	For
HARBOR FUNDS	359,300	For
Six Circles Trust	355,300	For
Jackson National	147,000	For
CULLEN FUNDS TRUST	113,300	For
SATURNA INVESTMENT TRUST	110,000	For
EA Series Trust	86,727	For
Advisors' Inner Circle Fund III	80,200	For
MASTER INVESTMENT PORTFOLIO	35,000	For
Listed Funds Trust	21,344	For
ADVISORS SERIES TRUST	18,345	For
TIMOTHY PLAN	14,220	For
Investment Managers Series Trust II	12,100	For
Gabelli	11,000	For
Pacer Funds Trust	7,695	For
Innovator ETFs Trust	6,000	For

19. APPOINT A DIRECTOR SAWADA, MICHITAKA

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (29,170,531 for, 0 against).

FOR: 29,170,531 (100.0%)

Largest asset managers voting on “APPOINT A DIRECTOR SAWADA, MICHITAKA” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
BlackRock	21,570,954	For
Bridge Builder Trust	3,164,792	For
John Hancock	1,895,389	For
AMANA MUTUAL FUNDS TRUST	600,000	For
ARK ETF Trust	561,865	For
HARBOR FUNDS	359,300	For
Six Circles Trust	355,300	For
Jackson National	147,000	For
CULLEN FUNDS TRUST	113,300	For
SATURNA INVESTMENT TRUST	110,000	For
EA Series Trust	86,727	For
Advisors' Inner Circle Fund III	80,200	For
MASTER INVESTMENT PORTFOLIO	35,000	For
Listed Funds Trust	21,344	For
ADVISORS SERIES TRUST	18,345	For
TIMOTHY PLAN	14,220	For
Investment Managers Series Trust II	12,100	For
Gabelli	11,000	For
Pacer Funds Trust	7,695	For
Innovator ETFs Trust	6,000	For

20. APPOINT A DIRECTOR THOMAS M. CLARK

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (29,170,531 for, 0 against).

FOR: 29,170,531 (100.0%)

Largest asset managers voting on “APPOINT A DIRECTOR THOMAS M. CLARK” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
BlackRock	21,570,954	For
Bridge Builder Trust	3,164,792	For
John Hancock	1,895,389	For
AMANA MUTUAL FUNDS TRUST	600,000	For
ARK ETF Trust	561,865	For
HARBOR FUNDS	359,300	For
Six Circles Trust	355,300	For
Jackson National	147,000	For
CULLEN FUNDS TRUST	113,300	For
SATURNA INVESTMENT TRUST	110,000	For
EA Series Trust	86,727	For
Advisors' Inner Circle Fund III	80,200	For
MASTER INVESTMENT PORTFOLIO	35,000	For
Listed Funds Trust	21,344	For
ADVISORS SERIES TRUST	18,345	For
TIMOTHY PLAN	14,220	For
Investment Managers Series Trust II	12,100	For
Gabelli	11,000	For
Pacer Funds Trust	7,695	For
Innovator ETFs Trust	6,000	For

21. APPOINT A DIRECTOR YOKOMOTO, MITSUKO

DIRECTOR ELECTIONS

98% fund support · no official result

FOR 98%

The 20 asset managers below cast 98% of the shares they voted on this item FOR (28,625,699 for, 544,832 against).

FOR: 28,625,699 (98.1%)AGAINST: 544,832 (1.9%)

Largest asset managers voting on “APPOINT A DIRECTOR YOKOMOTO, MITSUKO” at Komatsu Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	21,570,954	0	For
Bridge Builder Trust	2,646,000	518,792	For
John Hancock	1,895,389	0	For
AMANA MUTUAL FUNDS TRUST	600,000	0	For
ARK ETF Trust	561,865	0	For
HARBOR FUNDS	359,300	0	For
Six Circles Trust	355,300	0	For
Jackson National	147,000	0	For
CULLEN FUNDS TRUST	113,300	0	For
SATURNA INVESTMENT TRUST	110,000	0	For
EA Series Trust	86,727	0	For
Advisors' Inner Circle Fund III	80,200	0	For
MASTER INVESTMENT PORTFOLIO	35,000	0	For
Listed Funds Trust	21,344	0	For
ADVISORS SERIES TRUST	0	18,345	Against
TIMOTHY PLAN	14,220	0	For
Investment Managers Series Trust II	12,100	0	For
Gabelli	11,000	0	For
Pacer Funds Trust	0	7,695	Against
Innovator ETFs Trust	6,000	0	For

22. APPROVE APPROPRIATION OF SURPLUS

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (29,170,531 for, 0 against).

FOR: 29,170,531 (100.0%)

Largest asset managers voting on “APPROVE APPROPRIATION OF SURPLUS” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
BlackRock	21,570,954	For
Bridge Builder Trust	3,164,792	For
John Hancock	1,895,389	For
AMANA MUTUAL FUNDS TRUST	600,000	For
ARK ETF Trust	561,865	For
HARBOR FUNDS	359,300	For
Six Circles Trust	355,300	For
Jackson National	147,000	For
CULLEN FUNDS TRUST	113,300	For
SATURNA INVESTMENT TRUST	110,000	For
EA Series Trust	86,727	For
Advisors' Inner Circle Fund III	80,200	For
MASTER INVESTMENT PORTFOLIO	35,000	For
Listed Funds Trust	21,344	For
ADVISORS SERIES TRUST	18,345	For
TIMOTHY PLAN	14,220	For
Investment Managers Series Trust II	12,100	For
Gabelli	11,000	For
Pacer Funds Trust	7,695	For
Innovator ETFs Trust	6,000	For

23. Appropriation of Surplus

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 6 asset managers below cast 100% of the shares they voted on this item FOR (954,087 for, 0 against).

FOR: 954,087 (100.0%)

Largest asset managers voting on “Appropriation of Surplus” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
ARK ETF Trust	905,851	For
TRUST FOR PROFESSIONAL MANAGERS	36,347	For
ETF Series Solutions	7,099	For
Spinnaker ETF Series	2,113	For
BlackRock	1,927	For
Gabelli	750	For

24. Election of Audit & Supervisory Board Member: Tatsuro Kosaka

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 6 asset managers below cast 100% of the shares they voted on this item FOR (954,087 for, 0 against).

FOR: 954,087 (100.0%)

Largest asset managers voting on “Election of Audit & Supervisory Board Member: Tatsuro Kosaka” at Komatsu Ltd., 2025-2026
Asset manager	For	Vote
ARK ETF Trust	905,851	For
TRUST FOR PROFESSIONAL MANAGERS	36,347	For
ETF Series Solutions	7,099	For
Spinnaker ETF Series	2,113	For
BlackRock	1,927	For
Gabelli	750	For

Largest Komatsu Ltd. shareholders voting in 2025-2026

Ranked by the number of Komatsu Ltd. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting.

Top Komatsu Ltd. shareholders by shares voted, 2025-2026
#	Asset manager	Shares voted
1	Vanguard	26,595,833
2	Fidelity	20,831,245
3	Capital Group	8,064,996
4	JANUS INVESTMENT FUND	5,011,500
5	T. Rowe Price	4,577,105
6	Charles Schwab	3,940,763
7	OLD WESTBURY FUNDS INC	3,399,256
8	TIAA	3,249,816
9	JPMorgan	3,017,900
10	Dimensional	2,515,412

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

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, 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 02 October 2026; a live search always shows the current data.

At Komatsu Ltd.'s shareholder meeting held 2026-06-23, in the 2025-2026 proxy season, 108 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,544 separate fund positions. Their filings are grouped here into 24 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 Ogawa, Hiroyuki — the reporting funds cast 99% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them 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.

Komatsu Ltd. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).