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Home › Companies › Rakuten Group, Inc. › 2025-2026

Rakuten Group, Inc. 2025-2026 Proxy Voting Records

At Rakuten Group, Inc.'s shareholder meeting held March 27, 2026, in the 2025-2026 proxy season, 57 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,070 separate fund positions. Their filings are grouped here into 24 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Elect Director Charles B. Baxter — the reporting funds cast 95% 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.

  • 24Reported items
  • 57Asset managers
  • 2,070Fund 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 Rakuten Group, Inc. 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 Rakuten Group, Inc. in the interactive database Compare manager voting policies

How asset managers voted at the Rakuten Group, Inc. 2025-2026 meeting

Each item below shows how the 57 asset managers that disclosed a Rakuten Group, Inc. 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 Rakuten Group, Inc.’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 Charles B. Baxter

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 46 asset managers

The 46 asset managers below reported 100,456,649 for, 5,303,311 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: 100,456,649AGAINST: 5,303,311
Largest asset managers voting on “Elect Director Charles B. Baxter” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard43,348,0410 00For
Fidelity16,875,1620 00For
Hartford6,740,3000 00For
Transamerica6,195,3000 00For
JPMorgan04,829,000 00Against
AQR4,269,3000 00For
Charles Schwab4,250,3850 00For
Global X3,912,9660 00For
TIAA3,606,0780 00For
State Street2,851,9450 00For
Dimensional1,356,6000 00For
Columbia Threadneedle889,8000 00For
DWS768,4250 00For
Franklin Templeton747,2000 00For
Thrivent737,4000 00For
Northern Trust549,7020 00For
AIG/SunAmerica461,9000 00For
Voya402,2700 00For
WisdomTree294,6000 00For
Empower275,9000 00For
Equitable214,26857,266 00Mixed
Lincoln Financial247,8000 00For
GuideStone245,8000 00For
MML SERIES INVESTMENT FUND154,9490 00For
Brighthouse141,5610 00For

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

2. Elect Director Kaga, Eiichi

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 105,645,160 for, 114,800 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: 105,645,160AGAINST: 114,800
Largest asset managers voting on “Elect Director Kaga, Eiichi” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard43,348,0410 00For
Fidelity16,875,1620 00For
Hartford6,740,3000 00For
Transamerica6,195,3000 00For
JPMorgan4,829,0000 00For
AQR4,269,3000 00For
Charles Schwab4,250,3850 00For
Global X3,912,9660 00For
TIAA3,606,0780 00For
State Street2,851,9450 00For
Dimensional1,356,6000 00For
Columbia Threadneedle889,8000 00For
DWS768,4250 00For
Franklin Templeton747,2000 00For
Thrivent737,4000 00For
Northern Trust549,7020 00For
AIG/SunAmerica461,9000 00For
Voya402,2700 00For
WisdomTree294,6000 00For
Empower275,9000 00For
Equitable271,5340 00For
Lincoln Financial247,8000 00For
GuideStone245,8000 00For
MML SERIES INVESTMENT FUND154,9490 00For
Brighthouse141,5610 00For

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

3. Elect Director Mikitani, Hiroshi

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

71% of fund votes cast · no official result

FORAGAINST
Details: votes by 46 asset managers

The 46 asset managers below reported 74,807,249 for, 30,952,711 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: 74,807,249AGAINST: 30,952,711
Largest asset managers voting on “Elect Director Mikitani, Hiroshi” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard40,599,4722,748,569 00Mixed
Fidelity15,850,7621,024,400 00Mixed
Hartford06,740,300 00Against
Transamerica9,5006,185,800 00Against
JPMorgan4,829,0000 00For
AQR04,269,300 00Against
Charles Schwab4,250,3850 00For
Global X3,912,9660 00For
TIAA03,606,078 00Against
State Street2,851,9450 00For
Dimensional1,356,6000 00For
Columbia Threadneedle0889,800 00Against
DWS0768,425 00Against
Franklin Templeton0747,200 00Against
Thrivent0737,400 00Against
Northern Trust0549,702 00Against
AIG/SunAmerica0461,900 00Against
Voya402,2700 00For
WisdomTree0294,600 00Against
Empower0275,900 00Against
Equitable57,266214,268 00Mixed
Lincoln Financial247,8000 00For
GuideStone0245,800 00Against
MML SERIES INVESTMENT FUND0154,949 00Against
Brighthouse0141,561 00Against

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

4. Elect Director Hyakuno, Kentaro

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 105,645,160 for, 114,800 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: 105,645,160AGAINST: 114,800
Largest asset managers voting on “Elect Director Hyakuno, Kentaro” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard43,348,0410 00For
Fidelity16,875,1620 00For
Hartford6,740,3000 00For
Transamerica6,195,3000 00For
JPMorgan4,829,0000 00For
AQR4,269,3000 00For
Charles Schwab4,250,3850 00For
Global X3,912,9660 00For
TIAA3,606,0780 00For
State Street2,851,9450 00For
Dimensional1,356,6000 00For
Columbia Threadneedle889,8000 00For
DWS768,4250 00For
Franklin Templeton747,2000 00For
Thrivent737,4000 00For
Northern Trust549,7020 00For
AIG/SunAmerica461,9000 00For
Voya402,2700 00For
WisdomTree294,6000 00For
Empower275,9000 00For
Equitable271,5340 00For
Lincoln Financial247,8000 00For
GuideStone245,8000 00For
MML SERIES INVESTMENT FUND154,9490 00For
Brighthouse141,5610 00For

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

5. Elect Director Sarah J. M. Whitley

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 105,645,160 for, 114,800 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: 105,645,160AGAINST: 114,800
Largest asset managers voting on “Elect Director Sarah J. M. Whitley” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard43,348,0410 00For
Fidelity16,875,1620 00For
Hartford6,740,3000 00For
Transamerica6,195,3000 00For
JPMorgan4,829,0000 00For
AQR4,269,3000 00For
Charles Schwab4,250,3850 00For
Global X3,912,9660 00For
TIAA3,606,0780 00For
State Street2,851,9450 00For
Dimensional1,356,6000 00For
Columbia Threadneedle889,8000 00For
DWS768,4250 00For
Franklin Templeton747,2000 00For
Thrivent737,4000 00For
Northern Trust549,7020 00For
AIG/SunAmerica461,9000 00For
Voya402,2700 00For
WisdomTree294,6000 00For
Empower275,9000 00For
Equitable271,5340 00For
Lincoln Financial247,8000 00For
GuideStone245,8000 00For
MML SERIES INVESTMENT FUND154,9490 00For
Brighthouse141,5610 00For

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

6. Elect Director Habuka, Shigeki

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 105,645,160 for, 114,800 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: 105,645,160AGAINST: 114,800
Largest asset managers voting on “Elect Director Habuka, Shigeki” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard43,348,0410 00For
Fidelity16,875,1620 00For
Hartford6,740,3000 00For
Transamerica6,195,3000 00For
JPMorgan4,829,0000 00For
AQR4,269,3000 00For
Charles Schwab4,250,3850 00For
Global X3,912,9660 00For
TIAA3,606,0780 00For
State Street2,851,9450 00For
Dimensional1,356,6000 00For
Columbia Threadneedle889,8000 00For
DWS768,4250 00For
Franklin Templeton747,2000 00For
Thrivent737,4000 00For
Northern Trust549,7020 00For
AIG/SunAmerica461,9000 00For
Voya402,2700 00For
WisdomTree294,6000 00For
Empower275,9000 00For
Equitable271,5340 00For
Lincoln Financial247,8000 00For
GuideStone245,8000 00For
MML SERIES INVESTMENT FUND154,9490 00For
Brighthouse141,5610 00For

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

7. Elect Director Ando, Takaharu

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

86% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 91,115,091 for, 14,644,869 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: 91,115,091AGAINST: 14,644,869
Largest asset managers voting on “Elect Director Ando, Takaharu” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard40,599,4722,748,569 00Mixed
Fidelity16,875,1620 00For
Hartford2,8006,737,500 00Against
Transamerica6,195,3000 00For
JPMorgan04,829,000 00Against
AQR4,269,3000 00For
Charles Schwab4,250,3850 00For
Global X3,912,9660 00For
TIAA3,606,0780 00For
State Street2,851,9450 00For
Dimensional1,356,6000 00For
Columbia Threadneedle889,8000 00For
DWS768,4250 00For
Franklin Templeton747,2000 00For
Thrivent737,4000 00For
Northern Trust549,7020 00For
AIG/SunAmerica461,9000 00For
Voya402,2700 00For
WisdomTree294,6000 00For
Empower275,9000 00For
Equitable271,5340 00For
Lincoln Financial247,8000 00For
GuideStone245,8000 00For
MML SERIES INVESTMENT FUND154,9490 00For
Brighthouse141,5610 00For

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

8. Elect Director Mitachi, Takashi

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 46 asset managers

The 46 asset managers below reported 100,734,425 for, 5,025,535 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: 100,734,425AGAINST: 5,025,535
Largest asset managers voting on “Elect Director Mitachi, Takashi” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard43,348,0410 00For
Fidelity16,875,1620 00For
Hartford6,740,3000 00For
Transamerica6,195,3000 00For
JPMorgan04,829,000 00Against
AQR4,269,3000 00For
Charles Schwab4,250,3850 00For
Global X3,912,9660 00For
TIAA3,606,0780 00For
State Street2,851,9450 00For
Dimensional1,356,6000 00For
Columbia Threadneedle889,8000 00For
DWS768,4250 00For
Franklin Templeton747,2000 00For
Thrivent737,4000 00For
Northern Trust549,7020 00For
AIG/SunAmerica461,9000 00For
Voya402,2700 00For
WisdomTree294,6000 00For
Empower275,9000 00For
Equitable271,5340 00For
Lincoln Financial247,8000 00For
GuideStone245,8000 00For
MML SERIES INVESTMENT FUND154,9490 00For
Brighthouse141,5610 00For

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

9. Elect Director Tsedal Neeley

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 105,645,160 for, 114,800 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: 105,645,160AGAINST: 114,800
Largest asset managers voting on “Elect Director Tsedal Neeley” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard43,348,0410 00For
Fidelity16,875,1620 00For
Hartford6,740,3000 00For
Transamerica6,195,3000 00For
JPMorgan4,829,0000 00For
AQR4,269,3000 00For
Charles Schwab4,250,3850 00For
Global X3,912,9660 00For
TIAA3,606,0780 00For
State Street2,851,9450 00For
Dimensional1,356,6000 00For
Columbia Threadneedle889,8000 00For
DWS768,4250 00For
Franklin Templeton747,2000 00For
Thrivent737,4000 00For
Northern Trust549,7020 00For
AIG/SunAmerica461,9000 00For
Voya402,2700 00For
WisdomTree294,6000 00For
Empower275,9000 00For
Equitable271,5340 00For
Lincoln Financial247,8000 00For
GuideStone245,8000 00For
MML SERIES INVESTMENT FUND154,9490 00For
Brighthouse141,5610 00For

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

10. Elect Director Kono, Naho

No official resultsDIRECTOR ELECTIONS

99.8% of fund votes cast · no official result

FOR
Details: votes by 39 asset managers

The 39 asset managers below reported 87,768,302 for, 114,800 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: 87,768,302AGAINST: 114,800
Largest asset managers voting on “Elect Director Kono, Naho” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard40,599,4720 00For
Fidelity16,875,1620 00For
Transamerica6,195,3000 00For
JPMorgan4,829,0000 00For
AQR4,269,3000 00For
TIAA3,606,0780 00For
State Street2,851,9450 00For
Dimensional1,356,6000 00For
Columbia Threadneedle889,8000 00For
DWS768,4250 00For
Franklin Templeton747,2000 00For
Thrivent737,4000 00For
Northern Trust549,7020 00For
AIG/SunAmerica461,9000 00For
Voya402,2700 00For
WisdomTree294,6000 00For
Empower275,9000 00For
Equitable271,5340 00For
Lincoln Financial247,8000 00For
GuideStone245,8000 00For
MML SERIES INVESTMENT FUND154,9490 00For
Brighthouse141,5610 00For
T. Rowe Price137,3150 00For
Principal123,1000 00For
American Century108,0000 00For

Showing the 25 largest of 39 asset managers. All 39 are in the interactive database (link above).

11. Appoint a Director Ando, Takaharu

No official resultsDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 36,721,061 for, 6,000 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: 36,721,061AGAINST: 6,000
Largest asset managers voting on “Appoint a Director Ando, Takaharu” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock31,589,8000 00For
Vanguard2,690,0000 00For
Six Circles Trust558,1000 00For
John Hancock511,7720 00For
Bridge Builder Trust443,3000 00For
BAILLIE GIFFORD FUNDS333,1000 00For
Jackson National281,1006,000 00For
Amplify ETF Trust157,8000 00For
MASTER INVESTMENT PORTFOLIO87,0000 00For
GREEN CENTURY FUNDS50,0000 00For
Pacer Funds Trust11,8890 00For
RBB FUND, INC.7,2000 00For

12. Appoint a Director Charles B. Baxter

No official resultsDIRECTOR ELECTIONS

12% of fund votes cast · no official result

AGAINST
Details: votes by 12 asset managers

The 12 asset managers below reported 4,386,461 for, 32,340,600 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: 4,386,461AGAINST: 32,340,600
Largest asset managers voting on “Appoint a Director Charles B. Baxter” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock031,589,800 00Against
Vanguard2,690,0000 00For
Six Circles Trust0558,100 00Against
John Hancock511,7720 00For
Bridge Builder Trust350,80092,500 00Mixed
BAILLIE GIFFORD FUNDS333,1000 00For
Jackson National281,1006,000 00For
Amplify ETF Trust157,8000 00For
MASTER INVESTMENT PORTFOLIO087,000 00Against
GREEN CENTURY FUNDS50,0000 00For
Pacer Funds Trust11,8890 00For
RBB FUND, INC.07,200 00Against

13. Appoint a Director Habuka, Shigeki

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 36,727,061 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: 36,727,061
Largest asset managers voting on “Appoint a Director Habuka, Shigeki” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock31,589,8000 00For
Vanguard2,690,0000 00For
Six Circles Trust558,1000 00For
John Hancock511,7720 00For
Bridge Builder Trust443,3000 00For
BAILLIE GIFFORD FUNDS333,1000 00For
Jackson National287,1000 00For
Amplify ETF Trust157,8000 00For
MASTER INVESTMENT PORTFOLIO87,0000 00For
GREEN CENTURY FUNDS50,0000 00For
Pacer Funds Trust11,8890 00For
RBB FUND, INC.7,2000 00For

14. Appoint a Director Hyakuno, Kentaro

No official resultsDIRECTOR ELECTIONS

99.5% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 36,569,261 for, 157,800 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: 36,569,261AGAINST: 157,800
Largest asset managers voting on “Appoint a Director Hyakuno, Kentaro” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock31,589,8000 00For
Vanguard2,690,0000 00For
Six Circles Trust558,1000 00For
John Hancock511,7720 00For
Bridge Builder Trust443,3000 00For
BAILLIE GIFFORD FUNDS333,1000 00For
Jackson National287,1000 00For
Amplify ETF Trust0157,800 00Against
MASTER INVESTMENT PORTFOLIO87,0000 00For
GREEN CENTURY FUNDS50,0000 00For
Pacer Funds Trust11,8890 00For
RBB FUND, INC.7,2000 00For

15. Appoint a Director Kaga, Eiichi

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 36,727,061 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: 36,727,061
Largest asset managers voting on “Appoint a Director Kaga, Eiichi” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock31,589,8000 00For
Vanguard2,690,0000 00For
Six Circles Trust558,1000 00For
John Hancock511,7720 00For
Bridge Builder Trust443,3000 00For
BAILLIE GIFFORD FUNDS333,1000 00For
Jackson National287,1000 00For
Amplify ETF Trust157,8000 00For
MASTER INVESTMENT PORTFOLIO87,0000 00For
GREEN CENTURY FUNDS50,0000 00For
Pacer Funds Trust11,8890 00For
RBB FUND, INC.7,2000 00For

16. Appoint a Director Kono, Naho

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 36,727,061 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: 36,727,061
Largest asset managers voting on “Appoint a Director Kono, Naho” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock31,589,8000 00For
Vanguard2,690,0000 00For
Six Circles Trust558,1000 00For
John Hancock511,7720 00For
Bridge Builder Trust443,3000 00For
BAILLIE GIFFORD FUNDS333,1000 00For
Jackson National287,1000 00For
Amplify ETF Trust157,8000 00For
MASTER INVESTMENT PORTFOLIO87,0000 00For
GREEN CENTURY FUNDS50,0000 00For
Pacer Funds Trust11,8890 00For
RBB FUND, INC.7,2000 00For

17. Appoint a Director Mikitani, Hiroshi

No official resultsDIRECTOR ELECTIONS

97% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 35,600,189 for, 1,126,872 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: 35,600,189AGAINST: 1,126,872
Largest asset managers voting on “Appoint a Director Mikitani, Hiroshi” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock31,589,8000 00For
Vanguard2,690,0000 00For
Six Circles Trust558,1000 00For
John Hancock134,600377,172 00Mixed
Bridge Builder Trust92,500350,800 00Mixed
BAILLIE GIFFORD FUNDS333,1000 00For
Jackson National46,000241,100 00Mixed
Amplify ETF Trust0157,800 00Against
MASTER INVESTMENT PORTFOLIO87,0000 00For
GREEN CENTURY FUNDS50,0000 00For
Pacer Funds Trust11,8890 00For
RBB FUND, INC.7,2000 00For

18. Appoint a Director Mitachi, Takashi

No official resultsDIRECTOR ELECTIONS

99.5% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 36,563,261 for, 163,800 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: 36,563,261AGAINST: 163,800
Largest asset managers voting on “Appoint a Director Mitachi, Takashi” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock31,589,8000 00For
Vanguard2,690,0000 00For
Six Circles Trust558,1000 00For
John Hancock511,7720 00For
Bridge Builder Trust443,3000 00For
BAILLIE GIFFORD FUNDS333,1000 00For
Jackson National281,1006,000 00For
Amplify ETF Trust0157,800 00Against
MASTER INVESTMENT PORTFOLIO87,0000 00For
GREEN CENTURY FUNDS50,0000 00For
Pacer Funds Trust11,8890 00For
RBB FUND, INC.7,2000 00For

19. Appoint a Director Sarah J. M. Whitley

No official resultsDIRECTOR ELECTIONS

99.5% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 36,569,261 for, 157,800 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: 36,569,261AGAINST: 157,800
Largest asset managers voting on “Appoint a Director Sarah J. M. Whitley” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock31,589,8000 00For
Vanguard2,690,0000 00For
Six Circles Trust558,1000 00For
John Hancock511,7720 00For
Bridge Builder Trust443,3000 00For
BAILLIE GIFFORD FUNDS333,1000 00For
Jackson National287,1000 00For
Amplify ETF Trust0157,800 00Against
MASTER INVESTMENT PORTFOLIO87,0000 00For
GREEN CENTURY FUNDS50,0000 00For
Pacer Funds Trust11,8890 00For
RBB FUND, INC.7,2000 00For

20. Appoint a Director Tsedal Neeley

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 36,727,061 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: 36,727,061
Largest asset managers voting on “Appoint a Director Tsedal Neeley” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock31,589,8000 00For
Vanguard2,690,0000 00For
Six Circles Trust558,1000 00For
John Hancock511,7720 00For
Bridge Builder Trust443,3000 00For
BAILLIE GIFFORD FUNDS333,1000 00For
Jackson National287,1000 00For
Amplify ETF Trust157,8000 00For
MASTER INVESTMENT PORTFOLIO87,0000 00For
GREEN CENTURY FUNDS50,0000 00For
Pacer Funds Trust11,8890 00For
RBB FUND, INC.7,2000 00For

21. Elect Naho Kono @ Naho Higuchi

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 17,876,858 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: 17,876,858
Largest asset managers voting on “Elect Naho Kono @ Naho Higuchi” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford6,740,3000 00For
Charles Schwab4,250,3850 00For
Global X3,912,9660 00For
Vanguard2,748,5690 00For
Russell Investments139,5000 00For
Venerable Variable Insurance Trust75,5000 00For
Principal3,6820 00For
Prudential/PGIM3,2560 00For
Adviser Managed Trust2,7000 00For

22. Adoption of the Special Provisions Concerning Share Acquisition Rights as Share Option to Be Issued to Residents of the…

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: Adoption of the Special Provisions Concerning Share Acquisition Rights as Share Option to Be Issued to Residents of the State of California, U.S.A.

The 9 asset managers below reported 17,876,858 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: 17,876,858
Largest asset managers voting on “Adoption of the Special Provisions Concerning Share Acquisition Rights as Share Option to Be Issued to Residen” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford6,740,3000 00For
Charles Schwab4,250,3850 00For
Global X3,912,9660 00For
Vanguard2,748,5690 00For
Russell Investments139,5000 00For
Venerable Variable Insurance Trust75,5000 00For
Principal3,6820 00For
Prudential/PGIM3,2560 00For
Adviser Managed Trust2,7000 00For

23. Apply Special Clause to Stock Options for Residents of the State of California, U.S.A.

100% of fund votes cast · no official result

FOR
Details: votes by 39 asset managers

The 39 asset managers below reported 87,883,102 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: 87,883,102
Largest asset managers voting on “Apply Special Clause to Stock Options for Residents of the State of California, U.S.A.” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard40,599,4720 00For
Fidelity16,875,1620 00For
Transamerica6,195,3000 00For
JPMorgan4,829,0000 00For
AQR4,269,3000 00For
TIAA3,606,0780 00For
State Street2,851,9450 00For
Dimensional1,356,6000 00For
Columbia Threadneedle889,8000 00For
DWS768,4250 00For
Franklin Templeton747,2000 00For
Thrivent737,4000 00For
Northern Trust549,7020 00For
AIG/SunAmerica461,9000 00For
Voya402,2700 00For
WisdomTree294,6000 00For
Empower275,9000 00For
Equitable271,5340 00For
Lincoln Financial247,8000 00For
GuideStone245,8000 00For
MML SERIES INVESTMENT FUND154,9490 00For
Brighthouse141,5610 00For
T. Rowe Price137,3150 00For
Principal123,1000 00For
American Century108,0000 00For

Showing the 25 largest of 39 asset managers. All 39 are in the interactive database (link above).

24. Approve Details of Compensation as Stock Options

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 36,727,061 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: 36,727,061
Largest asset managers voting on “Approve Details of Compensation as Stock Options” at Rakuten Group, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock31,589,8000 00For
Vanguard2,690,0000 00For
Six Circles Trust558,1000 00For
John Hancock511,7720 00For
Bridge Builder Trust443,3000 00For
BAILLIE GIFFORD FUNDS333,1000 00For
Jackson National287,1000 00For
Amplify ETF Trust157,8000 00For
MASTER INVESTMENT PORTFOLIO87,0000 00For
GREEN CENTURY FUNDS50,0000 00For
Pacer Funds Trust11,8890 00For
RBB FUND, INC.7,2000 00For

Largest Rakuten Group, Inc. 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 Rakuten Group, Inc. shareholders by shares voted on “Elect Director Charles B. Baxter”, 2025-2026
#Asset manager Shares voted
1Vanguard 43,348,041
2Fidelity 16,875,162
3Hartford 6,740,300
4Transamerica 6,195,300
5JPMorgan 4,829,000
6AQR 4,269,300
7Charles Schwab 4,250,385
8Global X 3,912,966
9TIAA 3,606,078
10State Street 2,851,945

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Rakuten Group, Inc. 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.

Rakuten Group, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “Rakuten Group, Inc. 2026 Shareholder Meeting: Shareholder Vote Results”, https://proxyvotesnow.com/company/rakuten-group-inc/2026 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.