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Home › Companies › OTSUKA HOLDINGS CO. LTD. › 2024-2025

OTSUKA HOLDINGS CO. LTD. 2024-2025 Proxy Voting Records

At OTSUKA HOLDINGS CO. LTD.'s shareholder meeting held March 28, 2025, in the 2024-2025 proxy season, 83 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,524 separate fund positions. Their filings are grouped here into 27 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 Otsuka, Ichiro — the reporting funds cast 98% 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.

  • 27Reported items
  • 83Asset managers
  • 3,524Fund votes
  • March 28, 2025Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from OTSUKA HOLDINGS CO. LTD. 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 OTSUKA HOLDINGS CO. LTD. in the interactive database Compare manager voting policies

How asset managers voted at the OTSUKA HOLDINGS CO. LTD. 2024-2025 meeting

Each item below shows how the 83 asset managers that disclosed a OTSUKA HOLDINGS CO. 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 OTSUKA HOLDINGS CO. 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 Otsuka, Ichiro

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

98% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 31,388,330 for, 561,863 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: 31,388,330AGAINST: 561,863
Largest asset managers voting on “Elect Director Otsuka, Ichiro” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,859,0670 00For
Fidelity3,429,7470 00For
Charles Schwab1,618,9900 00For
TIAA1,549,4790 00For
State Street929,5000 00For
Hartford572,4000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs0400,493 00Against
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Prudential/PGIM189,6350 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide22,70175,900 00Mixed
OLD WESTBURY FUNDS INC98,2540 00For
Equitable90,2580 00For
Russell Investments87,4000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

2. Elect Director Seguchi, Jiro

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 31,919,991 for, 30,202 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: 31,919,991AGAINST: 30,202
Largest asset managers voting on “Elect Director Seguchi, Jiro” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,859,0670 00For
Fidelity3,429,7470 00For
Charles Schwab1,618,9900 00For
TIAA1,549,4790 00For
State Street929,5000 00For
Hartford572,4000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs400,4930 00For
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Prudential/PGIM189,6350 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide98,6010 00For
OLD WESTBURY FUNDS INC98,2540 00For
Equitable90,2580 00For
Russell Investments87,4000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

3. Elect Director Inoue, Makoto

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

60% of fund votes cast · no official result

FORAGAINST
Details: votes by 64 asset managers

The 64 asset managers below reported 19,199,803 for, 12,750,390 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: 19,199,803AGAINST: 12,750,390
Largest asset managers voting on “Elect Director Inoue, Makoto” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard6,670,54012,188,527 00Mixed
Fidelity3,429,7470 00For
Charles Schwab1,618,9900 00For
TIAA1,549,4790 00For
State Street929,5000 00For
Hartford572,4000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs0400,493 00Against
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Prudential/PGIM189,6350 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide22,70175,900 00Mixed
OLD WESTBURY FUNDS INC98,2540 00For
Equitable90,2580 00For
Russell Investments87,4000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

4. Elect Director Kobayashi, Masayuki

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 31,899,183 for, 30,202 against, 20,808 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: 31,899,183AGAINST: 30,202ABSTAIN: 20,808
Largest asset managers voting on “Elect Director Kobayashi, Masayuki” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,859,0670 00For
Fidelity3,429,7470 00For
Charles Schwab1,618,9900 00For
TIAA1,549,4790 00For
State Street929,5000 00For
Hartford572,4000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs400,4930 00For
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Prudential/PGIM189,6350 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide98,6010 00For
OLD WESTBURY FUNDS INC98,2540 00For
Equitable90,2580 00For
Russell Investments87,4000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

5. Elect Director Tojo, Noriko

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 31,899,183 for, 30,202 against, 20,808 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: 31,899,183AGAINST: 30,202ABSTAIN: 20,808
Largest asset managers voting on “Elect Director Tojo, Noriko” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,859,0670 00For
Fidelity3,429,7470 00For
Charles Schwab1,618,9900 00For
TIAA1,549,4790 00For
State Street929,5000 00For
Hartford572,4000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs400,4930 00For
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Prudential/PGIM189,6350 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide98,6010 00For
OLD WESTBURY FUNDS INC98,2540 00For
Equitable90,2580 00For
Russell Investments87,4000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

6. Elect Director Takagi, Shuichi

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 31,899,183 for, 30,202 against, 20,808 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: 31,899,183AGAINST: 30,202ABSTAIN: 20,808
Largest asset managers voting on “Elect Director Takagi, Shuichi” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,859,0670 00For
Fidelity3,429,7470 00For
Charles Schwab1,618,9900 00For
TIAA1,549,4790 00For
State Street929,5000 00For
Hartford572,4000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs400,4930 00For
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Prudential/PGIM189,6350 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide98,6010 00For
OLD WESTBURY FUNDS INC98,2540 00For
Equitable90,2580 00For
Russell Investments87,4000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

7. Elect Director Kitachi, Tatsuaki

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 31,919,991 for, 30,202 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: 31,919,991AGAINST: 30,202
Largest asset managers voting on “Elect Director Kitachi, Tatsuaki” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,859,0670 00For
Fidelity3,429,7470 00For
Charles Schwab1,618,9900 00For
TIAA1,549,4790 00For
State Street929,5000 00For
Hartford572,4000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs400,4930 00For
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Prudential/PGIM189,6350 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide98,6010 00For
OLD WESTBURY FUNDS INC98,2540 00For
Equitable90,2580 00For
Russell Investments87,4000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

8. Elect Director Higuchi, Tatsuo

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 31,899,183 for, 30,202 against, 20,808 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: 31,899,183AGAINST: 30,202ABSTAIN: 20,808
Largest asset managers voting on “Elect Director Higuchi, Tatsuo” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,859,0670 00For
Fidelity3,429,7470 00For
Charles Schwab1,618,9900 00For
TIAA1,549,4790 00For
State Street929,5000 00For
Hartford572,4000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs400,4930 00For
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Prudential/PGIM189,6350 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide98,6010 00For
OLD WESTBURY FUNDS INC98,2540 00For
Equitable90,2580 00For
Russell Investments87,4000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

9. Elect Director Aoki, Yoshihisa

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.7% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 31,846,851 for, 82,534 against, 20,808 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: 31,846,851AGAINST: 82,534ABSTAIN: 20,808
Largest asset managers voting on “Elect Director Aoki, Yoshihisa” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,859,0670 00For
Fidelity3,429,7470 00For
Charles Schwab1,618,9900 00For
TIAA1,549,4790 00For
State Street929,5000 00For
Hartford572,4000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs400,4930 00For
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Prudential/PGIM189,6350 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide98,6010 00For
OLD WESTBURY FUNDS INC98,2540 00For
Equitable90,2580 00For
Russell Investments87,4000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

10. Elect Director Matsuo, Yoshiro

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.6% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 31,820,883 for, 108,502 against, 20,808 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: 31,820,883AGAINST: 108,502ABSTAIN: 20,808
Largest asset managers voting on “Elect Director Matsuo, Yoshiro” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,859,0670 00For
Fidelity3,429,7470 00For
Charles Schwab1,618,9900 00For
TIAA1,549,4790 00For
State Street929,5000 00For
Hartford572,4000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs400,4930 00For
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Prudential/PGIM189,6350 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide98,6010 00For
OLD WESTBURY FUNDS INC98,2540 00For
Equitable22,35067,908 00Mixed
Russell Investments87,4000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

11. Elect Director Matsutani, Yukio

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 31,919,991 for, 30,202 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: 31,919,991AGAINST: 30,202
Largest asset managers voting on “Elect Director Matsutani, Yukio” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,859,0670 00For
Fidelity3,429,7470 00For
Charles Schwab1,618,9900 00For
TIAA1,549,4790 00For
State Street929,5000 00For
Hartford572,4000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs400,4930 00For
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Prudential/PGIM189,6350 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide98,6010 00For
OLD WESTBURY FUNDS INC98,2540 00For
Equitable90,2580 00For
Russell Investments87,4000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

12. Elect Director Makino, Yuko

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 31,899,183 for, 30,202 against, 20,808 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: 31,899,183AGAINST: 30,202ABSTAIN: 20,808
Largest asset managers voting on “Elect Director Makino, Yuko” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,859,0670 00For
Fidelity3,429,7470 00For
Charles Schwab1,618,9900 00For
TIAA1,549,4790 00For
State Street929,5000 00For
Hartford572,4000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs400,4930 00For
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Prudential/PGIM189,6350 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide98,6010 00For
OLD WESTBURY FUNDS INC98,2540 00For
Equitable90,2580 00For
Russell Investments87,4000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

13. Elect Director Mita, Mayo

No official resultsDIRECTOR ELECTIONS

99.8% of fund votes cast · no official result

FOR
Details: votes by 55 asset managers

The 55 asset managers below reported 22,539,960 for, 30,202 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: 22,539,960AGAINST: 30,202
Largest asset managers voting on “Elect Director Mita, Mayo” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard12,188,5270 00For
Fidelity3,310,3470 00For
TIAA1,549,4790 00For
State Street929,5000 00For
WisdomTree522,3000 00For
DWS465,9840 00For
Goldman Sachs400,4930 00For
GMO299,5000 00For
Lazard250,4000 00For
Franklin Templeton236,0660 00For
Dimensional219,2000 00For
Lattice Strategies Trust167,8000 00For
AQR154,1000 00For
American Century150,4000 00For
Victory Capital146,9000 00For
Voya142,7610 00For
Northern Trust131,1160 00For
AIG/SunAmerica104,4000 00For
Nationwide98,6010 00For
OLD WESTBURY FUNDS INC98,2540 00For
Equitable90,2580 00For
Empower76,1000 00For
FRANKLIN FUND ALLOCATOR SERIES74,7370 00For
Transamerica74,2000 00For
Lincoln Financial71,1000 00For

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

14. Appoint a Director Aoki, Yoshihisa

No official resultsDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 11,482,854 for, 1,512,800 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: 11,482,854AGAINST: 1,512,800
Largest asset managers voting on “Appoint a Director Aoki, Yoshihisa” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan01,512,700 00Against
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,345100 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I8,9160 00For
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust7,1000 00For
Two Roads Shared Trust6,1680 00For
Pacer Funds Trust4,6880 00For
Forethought Variable Insurance Trust6000 00For

15. Appoint a Director Higuchi, Tatsuo

No official resultsDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 11,464,898 for, 1,530,756 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: 11,464,898AGAINST: 1,530,756
Largest asset managers voting on “Appoint a Director Higuchi, Tatsuo” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan01,512,700 00Against
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,345100 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I8,9160 00For
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust07,100 00Against
Two Roads Shared Trust06,168 00Against
Pacer Funds Trust04,688 00Against
Forethought Variable Insurance Trust6000 00For

16. Appoint a Director Inoue, Makoto

No official resultsDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 11,455,982 for, 1,539,672 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: 11,455,982AGAINST: 1,539,672
Largest asset managers voting on “Appoint a Director Inoue, Makoto” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan01,512,700 00Against
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,345100 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I08,916 00Against
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust07,100 00Against
Two Roads Shared Trust06,168 00Against
Pacer Funds Trust04,688 00Against
Forethought Variable Insurance Trust6000 00For

17. Appoint a Director Kitachi, Tatsuaki

No official resultsDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 11,482,854 for, 1,512,800 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: 11,482,854AGAINST: 1,512,800
Largest asset managers voting on “Appoint a Director Kitachi, Tatsuaki” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan01,512,700 00Against
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,345100 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I8,9160 00For
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust7,1000 00For
Two Roads Shared Trust6,1680 00For
Pacer Funds Trust4,6880 00For
Forethought Variable Insurance Trust6000 00For

18. Appoint a Director Kobayashi, Masayuki

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

88% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 11,464,898 for, 1,530,756 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: 11,464,898AGAINST: 1,530,756
Largest asset managers voting on “Appoint a Director Kobayashi, Masayuki” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan01,512,700 00Against
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,345100 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I8,9160 00For
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust07,100 00Against
Two Roads Shared Trust06,168 00Against
Pacer Funds Trust04,688 00Against
Forethought Variable Insurance Trust6000 00For

19. Appoint a Director Makino, Yuko

No official resultsDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 11,464,898 for, 1,530,756 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: 11,464,898AGAINST: 1,530,756
Largest asset managers voting on “Appoint a Director Makino, Yuko” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan01,512,700 00Against
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,345100 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I8,9160 00For
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust07,100 00Against
Two Roads Shared Trust06,168 00Against
Pacer Funds Trust04,688 00Against
Forethought Variable Insurance Trust6000 00For

20. Appoint a Director Matsuo, Yoshiro

No official resultsDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 11,464,898 for, 1,530,756 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: 11,464,898AGAINST: 1,530,756
Largest asset managers voting on “Appoint a Director Matsuo, Yoshiro” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan01,512,700 00Against
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,345100 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I8,9160 00For
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust07,100 00Against
Two Roads Shared Trust06,168 00Against
Pacer Funds Trust04,688 00Against
Forethought Variable Insurance Trust6000 00For

21. Appoint a Director Matsutani, Yukio

No official resultsDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 11,482,854 for, 1,512,800 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: 11,482,854AGAINST: 1,512,800
Largest asset managers voting on “Appoint a Director Matsutani, Yukio” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan01,512,700 00Against
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,345100 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I8,9160 00For
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust7,1000 00For
Two Roads Shared Trust6,1680 00For
Pacer Funds Trust4,6880 00For
Forethought Variable Insurance Trust6000 00For

22. Appoint a Director Mita, Mayo

No official resultsDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 11,482,854 for, 1,512,800 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: 11,482,854AGAINST: 1,512,800
Largest asset managers voting on “Appoint a Director Mita, Mayo” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan01,512,700 00Against
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,345100 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I8,9160 00For
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust7,1000 00For
Two Roads Shared Trust6,1680 00For
Pacer Funds Trust4,6880 00For
Forethought Variable Insurance Trust6000 00For

23. Appoint a Director Otsuka, Ichiro

No official resultsDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 11,455,982 for, 1,539,672 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: 11,455,982AGAINST: 1,539,672
Largest asset managers voting on “Appoint a Director Otsuka, Ichiro” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan01,512,700 00Against
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,345100 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I08,916 00Against
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust07,100 00Against
Two Roads Shared Trust06,168 00Against
Pacer Funds Trust04,688 00Against
Forethought Variable Insurance Trust6000 00For

24. Appoint a Director Seguchi, Jiro

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 12,995,654 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: 12,995,654
Largest asset managers voting on “Appoint a Director Seguchi, Jiro” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan1,512,7000 00For
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,4450 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I8,9160 00For
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust7,1000 00For
Two Roads Shared Trust6,1680 00For
Pacer Funds Trust4,6880 00For
Forethought Variable Insurance Trust6000 00For

25. Appoint a Director Takagi, Shuichi

No official resultsDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 11,464,898 for, 1,530,756 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: 11,464,898AGAINST: 1,530,756
Largest asset managers voting on “Appoint a Director Takagi, Shuichi” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan01,512,700 00Against
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,345100 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I8,9160 00For
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust07,100 00Against
Two Roads Shared Trust06,168 00Against
Pacer Funds Trust04,688 00Against
Forethought Variable Insurance Trust6000 00For

26. Appoint a Director Tojo, Noriko

No official resultsDIRECTOR ELECTIONS

88% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 11,464,898 for, 1,530,756 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: 11,464,898AGAINST: 1,530,756
Largest asset managers voting on “Appoint a Director Tojo, Noriko” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,534,8550 00For
JPMorgan01,512,700 00Against
Aristotle Funds Series Trust259,4000 00For
John Hancock158,0970 00For
Six Circles Trust144,9000 00For
CARILLON SERIES TRUST92,2000 00For
Bridge Builder Trust73,2000 00For
Jackson National65,345100 00For
Allianz35,3000 00For
MASTER INVESTMENT PORTFOLIO32,6000 00For
PFM Multi-Manager Series Trust25,9000 00For
Investment Managers Series Trust II17,9000 00For
GPS Funds I8,9160 00For
Tidal Trust I7,8920 00For
Listed Funds Trust7,7930 00For
Investment Managers Series Trust07,100 00Against
Two Roads Shared Trust06,168 00Against
Pacer Funds Trust04,688 00Against
Forethought Variable Insurance Trust6000 00For

27. Elect Mayo Mita @ Mayo Nakatsuka

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,380,031 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: 9,380,031
Largest asset managers voting on “Elect Mayo Mita @ Mayo Nakatsuka” at OTSUKA HOLDINGS CO. LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard6,670,5400 00For
Charles Schwab1,618,9900 00For
Hartford572,4000 00For
Prudential/PGIM189,6350 00For
Fidelity119,4000 00For
Russell Investments87,4000 00For
Mercer Funds77,0000 00For
STERLING CAPITAL FUNDS15,7000 00For
SEI15,4610 00For
New York Life10,3320 00For
Global X2,5730 00For
Adviser Managed Trust6000 00For

Largest OTSUKA HOLDINGS CO. LTD. shareholders voting in 2024-2025

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 OTSUKA HOLDINGS CO. LTD. shareholders by shares voted on “Elect Director Otsuka, Ichiro”, 2024-2025
#Asset manager Shares voted
1Vanguard 18,859,067
2Fidelity 3,429,747
3Charles Schwab 1,618,990
4TIAA 1,549,479
5State Street 929,500
6Hartford 572,400
7WisdomTree 522,300
8DWS 465,984
9Goldman Sachs 400,493
10GMO 299,500

Shown as share counts, not percentages: no shares-outstanding figure has been matched to OTSUKA HOLDINGS CO. LTD. for the 2024-2025 season, so there is no denominator to divide by.

Related

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.

OTSUKA HOLDINGS CO. LTD. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Cite this page

proxyvotesnow.com, “OTSUKA HOLDINGS CO. LTD. 2025 Shareholder Meeting: Vote Results”, https://proxyvotesnow.com/company/otsuka-holdings-co-ltd/2025 (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.