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Home › Companies › Otsuka Holdings Co., Ltd. › 2025-2026

Otsuka Holdings Co., Ltd. 2025-2026 Proxy Voting Records

At Otsuka Holdings Co., Ltd.'s shareholder meeting held March 27, 2026, in the 2025-2026 proxy season, 87 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,455 separate fund positions. Their filings are grouped here into 39 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 94% 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.

  • 39Reported items
  • 87Asset managers
  • 4,455Fund votes
  • March 27, 2026Meeting 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. 2025-2026 meeting

Each item below shows how the 87 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.

94% of fund votes cast · no official result

FOR
Details: votes by 67 asset managers

The 67 asset managers below reported 33,270,674 for, 1,994,051 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: 33,270,674AGAINST: 1,994,051
Largest asset managers voting on “Elect Director Otsuka, Ichiro” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard21,719,0670 00For
Fidelity3,479,2530 00For
Charles Schwab1,816,4040 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Nationwide308,70036,300 00Mixed
Goldman Sachs0338,383 00Against
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Empower80,3000 00For

Showing the 25 largest of 67 asset managers. All 67 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.

96% of fund votes cast · no official result

FOR
Details: votes by 67 asset managers

The 67 asset managers below reported 33,688,853 for, 1,575,872 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: 33,688,853AGAINST: 1,575,872
Largest asset managers voting on “Elect Director Seguchi, Jiro” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard21,719,0670 00For
Fidelity3,479,2530 00For
Charles Schwab1,816,4040 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Nationwide345,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Empower80,3000 00For

Showing the 25 largest of 67 asset managers. All 67 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.

59% of fund votes cast · no official result

FORAGAINST
Details: votes by 67 asset managers

The 67 asset managers below reported 20,691,132 for, 14,573,593 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: 20,691,132AGAINST: 14,573,593
Largest asset managers voting on “Elect Director Inoue, Makoto” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard9,211,94012,507,127 00Mixed
Fidelity3,479,2530 00For
Charles Schwab1,816,4040 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Nationwide308,70036,300 00Mixed
Goldman Sachs0338,383 00Against
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable67,30060,560 00Mixed
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Empower80,3000 00For

Showing the 25 largest of 67 asset managers. All 67 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.

96% of fund votes cast · no official result

FOR
Details: votes by 67 asset managers

The 67 asset managers below reported 33,688,853 for, 1,575,872 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: 33,688,853AGAINST: 1,575,872
Largest asset managers voting on “Elect Director Kobayashi, Masayuki” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard21,719,0670 00For
Fidelity3,479,2530 00For
Charles Schwab1,816,4040 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Nationwide345,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Empower80,3000 00For

Showing the 25 largest of 67 asset managers. All 67 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.

96% of fund votes cast · no official result

FOR
Details: votes by 67 asset managers

The 67 asset managers below reported 33,688,853 for, 1,575,872 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: 33,688,853AGAINST: 1,575,872
Largest asset managers voting on “Elect Director Tojo, Noriko” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard21,719,0670 00For
Fidelity3,479,2530 00For
Charles Schwab1,816,4040 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Nationwide345,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Empower80,3000 00For

Showing the 25 largest of 67 asset managers. All 67 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.

96% of fund votes cast · no official result

FOR
Details: votes by 67 asset managers

The 67 asset managers below reported 33,688,853 for, 1,575,872 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: 33,688,853AGAINST: 1,575,872
Largest asset managers voting on “Elect Director Takagi, Shuichi” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard21,719,0670 00For
Fidelity3,479,2530 00For
Charles Schwab1,816,4040 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Nationwide345,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Empower80,3000 00For

Showing the 25 largest of 67 asset managers. All 67 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.

96% of fund votes cast · no official result

FOR
Details: votes by 67 asset managers

The 67 asset managers below reported 33,688,853 for, 1,575,872 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: 33,688,853AGAINST: 1,575,872
Largest asset managers voting on “Elect Director Kitachi, Tatsuaki” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard21,719,0670 00For
Fidelity3,479,2530 00For
Charles Schwab1,816,4040 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Nationwide345,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Empower80,3000 00For

Showing the 25 largest of 67 asset managers. All 67 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.

96% of fund votes cast · no official result

FOR
Details: votes by 67 asset managers

The 67 asset managers below reported 33,688,853 for, 1,575,872 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: 33,688,853AGAINST: 1,575,872
Largest asset managers voting on “Elect Director Higuchi, Tatsuo” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard21,719,0670 00For
Fidelity3,479,2530 00For
Charles Schwab1,816,4040 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Nationwide345,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Empower80,3000 00For

Showing the 25 largest of 67 asset managers. All 67 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.

95% of fund votes cast · no official result

FOR
Details: votes by 67 asset managers

The 67 asset managers below reported 33,591,372 for, 1,673,353 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: 33,591,372AGAINST: 1,673,353
Largest asset managers voting on “Elect Director Aoki, Yoshihisa” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard21,719,0670 00For
Fidelity3,479,2530 00For
Charles Schwab1,816,4040 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Nationwide345,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Empower80,3000 00For

Showing the 25 largest of 67 asset managers. All 67 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.

95% of fund votes cast · no official result

FOR
Details: votes by 67 asset managers

The 67 asset managers below reported 33,655,657 for, 1,609,068 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: 33,655,657AGAINST: 1,609,068
Largest asset managers voting on “Elect Director Matsuo, Yoshiro” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard21,719,0670 00For
Fidelity3,479,2530 00For
Charles Schwab1,816,4040 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Nationwide323,00022,000 00Mixed
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Empower80,3000 00For

Showing the 25 largest of 67 asset managers. All 67 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.

95% of fund votes cast · no official result

FOR
Details: votes by 67 asset managers

The 67 asset managers below reported 33,625,872 for, 1,638,853 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: 33,625,872AGAINST: 1,638,853
Largest asset managers voting on “Elect Director Matsutani, Yukio” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard21,719,0670 00For
Fidelity3,479,2530 00For
Charles Schwab1,816,4040 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Nationwide345,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Empower80,3000 00For

Showing the 25 largest of 67 asset managers. All 67 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.

96% of fund votes cast · no official result

FOR
Details: votes by 67 asset managers

The 67 asset managers below reported 33,688,853 for, 1,575,872 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: 33,688,853AGAINST: 1,575,872
Largest asset managers voting on “Elect Director Makino, Yuko” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard21,719,0670 00For
Fidelity3,479,2530 00For
Charles Schwab1,816,4040 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Nationwide345,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Empower80,3000 00For

Showing the 25 largest of 67 asset managers. All 67 are in the interactive database (link above).

13. Elect Director Mita, Mayo

No official resultsDIRECTOR ELECTIONS

93% of fund votes cast · no official result

FOR
Details: votes by 57 asset managers

The 57 asset managers below reported 21,816,952 for, 1,575,872 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: 21,816,952AGAINST: 1,575,872
Largest asset managers voting on “Elect Director Mita, Mayo” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,507,1270 00For
Fidelity3,256,5530 00For
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Empower80,3000 00For
OLD WESTBURY FUNDS INC72,2460 00For
Nationwide70,6000 00For
Invesco62,9810 00For
Voya57,2460 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

14. Appoint a Director Aoki, Yoshihisa

No official resultsDIRECTOR ELECTIONS

99.6% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,919,441 for, 38,400 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: 10,919,441AGAINST: 38,400
Largest asset managers voting on “Appoint a Director Aoki, Yoshihisa” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust189,9430 00For
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust26,10036,500 00Mixed
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust26,0120 00For
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

15. Appoint a Director Higuchi, Tatsuo

No official resultsDIRECTOR ELECTIONS

98% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,759,630 for, 198,211 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: 10,759,630AGAINST: 198,211
Largest asset managers voting on “Appoint a Director Higuchi, Tatsuo” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust0189,943 00Against
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust19,6446,368 00Mixed
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

16. Appoint a Director Inoue, Makoto

No official resultsDIRECTOR ELECTIONS

98% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,738,760 for, 219,081 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: 10,738,760AGAINST: 219,081
Largest asset managers voting on “Appoint a Director Inoue, Makoto” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust0189,943 00Against
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust19,6446,368 00Mixed
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I020,870 00Against
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

17. Appoint a Director Kitachi, Tatsuaki

No official resultsDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,955,941 for, 1,900 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: 10,955,941AGAINST: 1,900
Largest asset managers voting on “Appoint a Director Kitachi, Tatsuaki” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust189,9430 00For
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust26,0120 00For
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

18. Appoint a Director Kobayashi, Masayuki

No official resultsDIRECTOR ELECTIONS

98% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,759,630 for, 198,211 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: 10,759,630AGAINST: 198,211
Largest asset managers voting on “Appoint a Director Kobayashi, Masayuki” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust0189,943 00Against
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust19,6446,368 00Mixed
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

19. Appoint a Director Makino, Yuko

No official resultsDIRECTOR ELECTIONS

98% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,759,630 for, 198,211 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: 10,759,630AGAINST: 198,211
Largest asset managers voting on “Appoint a Director Makino, Yuko” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust0189,943 00Against
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust19,6446,368 00Mixed
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

20. Appoint a Director Matsuo, Yoshiro

No official resultsDIRECTOR ELECTIONS

98% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,759,630 for, 198,211 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: 10,759,630AGAINST: 198,211
Largest asset managers voting on “Appoint a Director Matsuo, Yoshiro” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust0189,943 00Against
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust19,6446,368 00Mixed
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

21. Appoint a Director Matsutani, Yukio

No official resultsDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,950,041 for, 7,800 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: 10,950,041AGAINST: 7,800
Largest asset managers voting on “Appoint a Director Matsutani, Yukio” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust189,9430 00For
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust26,0120 00For
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions05,900 00Against
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

22. Appoint a Director Mita, Mayo

No official resultsDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,955,941 for, 1,900 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: 10,955,941AGAINST: 1,900
Largest asset managers voting on “Appoint a Director Mita, Mayo” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust189,9430 00For
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust26,0120 00For
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

23. Appoint a Director Otsuka, Ichiro

No official resultsDIRECTOR ELECTIONS

98% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,738,760 for, 219,081 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: 10,738,760AGAINST: 219,081
Largest asset managers voting on “Appoint a Director Otsuka, Ichiro” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust0189,943 00Against
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust19,6446,368 00Mixed
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I020,870 00Against
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

24. Appoint a Director Seguchi, Jiro

No official resultsDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,955,941 for, 1,900 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: 10,955,941AGAINST: 1,900
Largest asset managers voting on “Appoint a Director Seguchi, Jiro” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust189,9430 00For
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust26,0120 00For
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

25. Appoint a Director Takagi, Shuichi

No official resultsDIRECTOR ELECTIONS

98% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,759,630 for, 198,211 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: 10,759,630AGAINST: 198,211
Largest asset managers voting on “Appoint a Director Takagi, Shuichi” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust0189,943 00Against
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust19,6446,368 00Mixed
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

26. Appoint a Director Tojo, Noriko

No official resultsDIRECTOR ELECTIONS

98% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,759,630 for, 198,211 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: 10,759,630AGAINST: 198,211
Largest asset managers voting on “Appoint a Director Tojo, Noriko” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust0189,943 00Against
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National83,8451,900 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust19,6446,368 00Mixed
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

27. Elect Hiroshi Sugawara

No official resultsCORPORATE GOVERNANCE

0.1% of fund votes cast · no official result

AGAINST
Details: votes by 15 asset managers

The 15 asset managers below reported 900 for, 11,871,001 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: 900AGAINST: 11,871,001
Largest asset managers voting on “Elect Hiroshi Sugawara” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard09,211,940 00Against
Charles Schwab01,816,404 00Against
Nationwide0274,400 00Against
Fidelity0222,700 00Against
Russell Investments092,200 00Against
PACE SELECT ADVISORS TRUST091,400 00Against
Mercer Funds069,200 00Against
Prudential/PGIM046,450 00Against
Venerable Variable Insurance Trust021,400 00Against
New York Life010,030 00Against
SEI09,400 00Against
Global X03,625 00Against
Principal01,052 00Against
Hartford9000 00For
Adviser Managed Trust0800 00Against

28. Elect Kanako Osawa @ Kanako Koike

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 11,871,901 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: 11,871,901
Largest asset managers voting on “Elect Kanako Osawa @ Kanako Koike” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard9,211,9400 00For
Charles Schwab1,816,4040 00For
Nationwide274,4000 00For
Fidelity222,7000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Mercer Funds69,2000 00For
Prudential/PGIM46,4500 00For
Venerable Variable Insurance Trust21,4000 00For
New York Life10,0300 00For
SEI9,4000 00For
Global X3,6250 00For
Principal1,0520 00For
Hartford9000 00For
Adviser Managed Trust8000 00For

29. Elect Mayo Mita @ Mayo Nakatsuka

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 11,871,901 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: 11,871,901
Largest asset managers voting on “Elect Mayo Mita @ Mayo Nakatsuka” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard9,211,9400 00For
Charles Schwab1,816,4040 00For
Nationwide274,4000 00For
Fidelity222,7000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Mercer Funds69,2000 00For
Prudential/PGIM46,4500 00For
Venerable Variable Insurance Trust21,4000 00For
New York Life10,0300 00For
SEI9,4000 00For
Global X3,6250 00For
Principal1,0520 00For
Hartford9000 00For
Adviser Managed Trust8000 00For

30. Elect Sachie Tsuji @ Sachie Ueda

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 11,871,901 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: 11,871,901
Largest asset managers voting on “Elect Sachie Tsuji @ Sachie Ueda” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard9,211,9400 00For
Charles Schwab1,816,4040 00For
Nationwide274,4000 00For
Fidelity222,7000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Mercer Funds69,2000 00For
Prudential/PGIM46,4500 00For
Venerable Variable Insurance Trust21,4000 00For
New York Life10,0300 00For
SEI9,4000 00For
Global X3,6250 00For
Principal1,0520 00For
Hartford9000 00For
Adviser Managed Trust8000 00For

31. Elect Yozo Toba

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 11,871,901 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: 11,871,901
Largest asset managers voting on “Elect Yozo Toba” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard9,211,9400 00For
Charles Schwab1,816,4040 00For
Nationwide274,4000 00For
Fidelity222,7000 00For
Russell Investments92,2000 00For
PACE SELECT ADVISORS TRUST91,4000 00For
Mercer Funds69,2000 00For
Prudential/PGIM46,4500 00For
Venerable Variable Insurance Trust21,4000 00For
New York Life10,0300 00For
SEI9,4000 00For
Global X3,6250 00For
Principal1,0520 00For
Hartford9000 00For
Adviser Managed Trust8000 00For

32. Appoint Statutory Auditor Osawa, Kanako

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 57 asset managers

The 57 asset managers below reported 23,392,824 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: 23,392,824
Largest asset managers voting on “Appoint Statutory Auditor Osawa, Kanako” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,507,1270 00For
Fidelity3,256,5530 00For
JPMorgan1,541,6000 00For
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Empower80,3000 00For
OLD WESTBURY FUNDS INC72,2460 00For
Nationwide70,6000 00For
Invesco62,9810 00For
Voya57,2460 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

33. Appoint Statutory Auditor Sugawara, Hiroshi

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

64% of fund votes cast · no official result

FORAGAINST
Details: votes by 57 asset managers

The 57 asset managers below reported 14,885,125 for, 8,507,699 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: 14,885,125AGAINST: 8,507,699
Largest asset managers voting on “Appoint Statutory Auditor Sugawara, Hiroshi” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,507,1270 00For
Fidelity03,256,553 00Against
JPMorgan01,541,600 00Against
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree0403,000 00Against
Goldman Sachs0338,383 00Against
Lazard0273,700 00Against
American Century0255,100 00Against
DWS0250,551 00Against
AQR0250,000 00Against
Franklin Templeton0225,200 00Against
Northern Trust0145,616 00Against
Transamerica2,700139,900 00Against
Lattice Strategies Trust0139,100 00Against
Equitable0127,860 00Against
GuideStone0109,500 00Against
Lincoln Financial57,50050,400 00Mixed
Victory Capital096,000 00Against
AIG/SunAmerica092,600 00Against
Empower080,300 00Against
OLD WESTBURY FUNDS INC072,246 00Against
Nationwide070,600 00Against
Invesco062,981 00Against
Voya057,246 00Against

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

34. Appoint Statutory Auditor Toba, Yozo

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 57 asset managers

The 57 asset managers below reported 23,392,824 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: 23,392,824
Largest asset managers voting on “Appoint Statutory Auditor Toba, Yozo” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,507,1270 00For
Fidelity3,256,5530 00For
JPMorgan1,541,6000 00For
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Empower80,3000 00For
OLD WESTBURY FUNDS INC72,2460 00For
Nationwide70,6000 00For
Invesco62,9810 00For
Voya57,2460 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

35. Appoint Statutory Auditor Tsuji, Sachie

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 57 asset managers

The 57 asset managers below reported 23,392,824 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: 23,392,824
Largest asset managers voting on “Appoint Statutory Auditor Tsuji, Sachie” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,507,1270 00For
Fidelity3,256,5530 00For
JPMorgan1,541,6000 00For
TIAA1,130,3260 00For
State Street1,044,2000 00For
WisdomTree403,0000 00For
Goldman Sachs338,3830 00For
Lazard273,7000 00For
American Century255,1000 00For
DWS250,5510 00For
AQR250,0000 00For
Franklin Templeton225,2000 00For
Northern Trust145,6160 00For
Transamerica142,6000 00For
Lattice Strategies Trust139,1000 00For
Equitable127,8600 00For
GuideStone109,5000 00For
Lincoln Financial107,9000 00For
Victory Capital96,0000 00For
AIG/SunAmerica92,6000 00For
Empower80,3000 00For
OLD WESTBURY FUNDS INC72,2460 00For
Nationwide70,6000 00For
Invesco62,9810 00For
Voya57,2460 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

36. Appoint a Corporate Auditor Osawa, Kanako

No official resultsAUDIT-RELATED

98% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,719,041 for, 238,800 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: 10,719,041AGAINST: 238,800
Largest asset managers voting on “Appoint a Corporate Auditor Osawa, Kanako” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,347,555209,900 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust189,9430 00For
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National85,7450 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz027,300 00Against
Two Roads Shared Trust26,0120 00For
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust01,600 00Against
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

37. Appoint a Corporate Auditor Sugawara, Hiroshi

No official resultsAUDIT-RELATED

5% of fund votes cast · no official result

AGAINST
Details: votes by 20 asset managers

The 20 asset managers below reported 545,932 for, 10,411,909 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: 545,932AGAINST: 10,411,909
Largest asset managers voting on “Appoint a Corporate Auditor Sugawara, Hiroshi” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock209,9009,347,555 00Against
Brown Advisory Funds0250,947 00Against
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust0189,943 00Against
Six Circles Trust0159,200 00Against
John Hancock15,600130,081 00Mixed
CARILLON SERIES TRUST0132,200 00Against
Jackson National085,745 00Against
Bridge Builder Trust36,50026,100 00Mixed
MASTER INVESTMENT PORTFOLIO050,300 00Against
Allianz27,3000 00For
Two Roads Shared Trust19,6446,368 00Mixed
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I020,870 00Against
WILSHIRE MUTUAL FUNDS INC011,600 00Against
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.01,000 00Against
Tidal Trust IV1000 00For

38. Appoint a Corporate Auditor Toba, Yozo

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,957,841 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: 10,957,841
Largest asset managers voting on “Appoint a Corporate Auditor Toba, Yozo” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust189,9430 00For
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National85,7450 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust26,0120 00For
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

39. Appoint a Corporate Auditor Tsuji, Sachie

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 20 asset managers

The 20 asset managers below reported 10,957,841 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: 10,957,841
Largest asset managers voting on “Appoint a Corporate Auditor Tsuji, Sachie” at Otsuka Holdings Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock9,557,4550 00For
Brown Advisory Funds250,9470 00For
Aristotle Funds Series Trust195,1000 00For
Pacer Funds Trust189,9430 00For
Six Circles Trust159,2000 00For
John Hancock145,6810 00For
CARILLON SERIES TRUST132,2000 00For
Jackson National85,7450 00For
Bridge Builder Trust62,6000 00For
MASTER INVESTMENT PORTFOLIO50,3000 00For
Allianz27,3000 00For
Two Roads Shared Trust26,0120 00For
PFM Multi-Manager Series Trust23,7000 00For
GPS Funds I20,8700 00For
WILSHIRE MUTUAL FUNDS INC11,6000 00For
Listed Funds Trust10,5880 00For
ETF Series Solutions5,9000 00For
Forethought Variable Insurance Trust1,6000 00For
RBB FUND, INC.1,0000 00For
Tidal Trust IV1000 00For

Largest Otsuka Holdings Co., Ltd. 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 Otsuka Holdings Co., Ltd. shareholders by shares voted on “Elect Director Otsuka, Ichiro”, 2025-2026
#Asset manager Shares voted
1Vanguard 21,719,067
2Fidelity 3,479,253
3Charles Schwab 1,816,404
4JPMorgan 1,541,600
5TIAA 1,130,326
6State Street 1,044,200
7WisdomTree 403,000
8Nationwide 345,000
9Goldman Sachs 338,383
10Lazard 273,700

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Otsuka Holdings Co., Ltd. for the 2025-2026 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 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “Otsuka Holdings Co., Ltd. 2026 Annual Meeting: Vote Results”, https://proxyvotesnow.com/company/otsuka-holdings-co-ltd/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.