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Home › Companies › Shimano, Inc. › 2025-2026

Shimano, Inc. 2025-2026 Proxy Voting Records

At Shimano, Inc.'s shareholder meeting held March 24, 2026, in the 2025-2026 proxy season, 72 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,992 separate fund positions. Their filings are grouped here into 26 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 Tsuzaki, Masahiro — the reporting funds cast 88% 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.

  • 26Reported items
  • 72Asset managers
  • 1,992Fund votes
  • March 24, 2026Meeting date

Results at a glance

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

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

Each item below shows how the 72 asset managers that disclosed a Shimano, 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 Shimano, 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 Tsuzaki, Masahiro

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 57 asset managers

The 57 asset managers below reported 12,881,726 for, 1,796,636 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: 12,881,726AGAINST: 1,796,636
Largest asset managers voting on “Elect Director Tsuzaki, Masahiro” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
FIRST EAGLE FUNDS6,150,2600 00For
Vanguard2,162,649787,700 00Mixed
MFS1,385,9490 00For
Hartford0949,000 00Against
Fidelity542,9870 00For
JPMorgan351,2000 00For
SEI302,05245,860 00Mixed
Invesco332,8090 00For
Charles Schwab296,6260 00For
Columbia Threadneedle236,7330 00For
TIAA174,1630 00For
State Street142,2520 00For
RBB Fund Trust92,1000 00For
Capital Group87,5950 00For
Equitable85,7670 00For
EUPAC FUND70,6440 00For
T. Rowe Price65,4990 00For
Mercer Funds59,1000 00For
Empower40,6000 00For
Franklin Templeton37,7930 00For
DWS36,7720 00For
Prudential/PGIM30,6670 00For
FIRST EAGLE VARIABLE FUNDS29,1600 00For
Northern Trust23,7301,200 00For
Brinker Capital Destinations Trust16,5000 00For

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

2. Elect Director Shimano, Taizo

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

74% of fund votes cast · no official result

FORAGAINST
Details: votes by 57 asset managers

The 57 asset managers below reported 10,862,553 for, 3,815,809 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: 10,862,553AGAINST: 3,815,809
Largest asset managers voting on “Elect Director Shimano, Taizo” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
FIRST EAGLE FUNDS6,150,2600 00For
Vanguard2,162,649787,700 00Mixed
MFS01,385,949 00Against
Hartford0949,000 00Against
Fidelity463,58779,400 00Mixed
JPMorgan0351,200 00Against
SEI302,05245,860 00Mixed
Invesco332,8090 00For
Charles Schwab296,6260 00For
Columbia Threadneedle236,7330 00For
TIAA174,1630 00For
State Street142,2520 00For
RBB Fund Trust92,1000 00For
Capital Group87,5950 00For
Equitable5,64580,122 00Mixed
EUPAC FUND70,6440 00For
T. Rowe Price65,4990 00For
Mercer Funds10059,000 00Against
Empower3,20037,400 00Mixed
Franklin Templeton37,7930 00For
DWS36,7720 00For
Prudential/PGIM30,6670 00For
FIRST EAGLE VARIABLE FUNDS29,1600 00For
Northern Trust23,7301,200 00For
Brinker Capital Destinations Trust1,30015,200 00Mixed

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

3. Elect Director Toyoshima, Takashi

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 57 asset managers

The 57 asset managers below reported 12,881,726 for, 1,796,636 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: 12,881,726AGAINST: 1,796,636
Largest asset managers voting on “Elect Director Toyoshima, Takashi” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
FIRST EAGLE FUNDS6,150,2600 00For
Vanguard2,162,649787,700 00Mixed
MFS1,385,9490 00For
Hartford0949,000 00Against
Fidelity542,9870 00For
JPMorgan351,2000 00For
SEI302,05245,860 00Mixed
Invesco332,8090 00For
Charles Schwab296,6260 00For
Columbia Threadneedle236,7330 00For
TIAA174,1630 00For
State Street142,2520 00For
RBB Fund Trust92,1000 00For
Capital Group87,5950 00For
Equitable85,7670 00For
EUPAC FUND70,6440 00For
T. Rowe Price65,4990 00For
Mercer Funds59,1000 00For
Empower40,6000 00For
Franklin Templeton37,7930 00For
DWS36,7720 00For
Prudential/PGIM30,6670 00For
FIRST EAGLE VARIABLE FUNDS29,1600 00For
Northern Trust23,7301,200 00For
Brinker Capital Destinations Trust16,5000 00For

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

4. Elect Director Shimano, Yozo

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

74% of fund votes cast · no official result

FORAGAINST
Details: votes by 57 asset managers

The 57 asset managers below reported 10,920,157 for, 3,758,205 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: 10,920,157AGAINST: 3,758,205
Largest asset managers voting on “Elect Director Shimano, Yozo” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
FIRST EAGLE FUNDS6,150,2600 00For
Vanguard2,162,649787,700 00Mixed
MFS01,385,949 00Against
Hartford0949,000 00Against
Fidelity463,58779,400 00Mixed
JPMorgan0351,200 00Against
SEI347,9120 00For
Invesco332,8090 00For
Charles Schwab296,6260 00For
Columbia Threadneedle236,7330 00For
TIAA174,1630 00For
State Street142,2520 00For
RBB Fund Trust92,1000 00For
Capital Group87,5950 00For
Equitable16,56769,200 00Mixed
EUPAC FUND70,6440 00For
T. Rowe Price65,4990 00For
Mercer Funds10059,000 00Against
Empower3,20037,400 00Mixed
Franklin Templeton37,7930 00For
DWS36,7720 00For
Prudential/PGIM30,6670 00For
FIRST EAGLE VARIABLE FUNDS29,1600 00For
Northern Trust23,7301,200 00For
Brinker Capital Destinations Trust1,30015,200 00Mixed

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

5. Appoint a Director Shimano, Taizo

No official resultsDIRECTOR ELECTIONS

99.3% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 1,991,855 for, 12,126 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: 1,991,855AGAINST: 12,126
Largest asset managers voting on “Appoint a Director Shimano, Taizo” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,517,3700 00For
BAILLIE GIFFORD FUNDS207,7000 00For
Brighthouse113,2000 00For
OPTIMUM FUND TRUST39,5000 00For
Six Circles Trust27,4000 00For
John Hancock23,3490 00For
ADVISORS' INNER CIRCLE FUND22,5000 00For
Jackson National14,300100 00For
Brown Advisory Funds9,1360 00For
Guardian Variable Products Trust08,600 00Against
Gabelli7,4000 00For
MASTER INVESTMENT PORTFOLIO5,2000 00For
Bridge Builder Trust4,4000 00For
ETF Series Solutions02,800 00Against
Pacer Funds Trust0626 00Against
RBB FUND, INC.4000 00For

6. Appoint a Director Shimano, Yozo

No official resultsDIRECTOR ELECTIONS

99.3% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 1,991,855 for, 12,126 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: 1,991,855AGAINST: 12,126
Largest asset managers voting on “Appoint a Director Shimano, Yozo” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,517,3700 00For
BAILLIE GIFFORD FUNDS207,7000 00For
Brighthouse113,2000 00For
OPTIMUM FUND TRUST39,5000 00For
Six Circles Trust27,4000 00For
John Hancock23,3490 00For
ADVISORS' INNER CIRCLE FUND22,5000 00For
Jackson National14,300100 00For
Brown Advisory Funds9,1360 00For
Guardian Variable Products Trust08,600 00Against
Gabelli7,4000 00For
MASTER INVESTMENT PORTFOLIO5,2000 00For
Bridge Builder Trust4,4000 00For
ETF Series Solutions02,800 00Against
Pacer Funds Trust0626 00Against
RBB FUND, INC.4000 00For

7. Appoint a Director Toyoshima, Takashi

No official resultsDIRECTOR ELECTIONS

99.5% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 1,994,755 for, 9,226 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: 1,994,755AGAINST: 9,226
Largest asset managers voting on “Appoint a Director Toyoshima, Takashi” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,517,3700 00For
BAILLIE GIFFORD FUNDS207,7000 00For
Brighthouse113,2000 00For
OPTIMUM FUND TRUST39,5000 00For
Six Circles Trust27,4000 00For
John Hancock23,3490 00For
ADVISORS' INNER CIRCLE FUND22,5000 00For
Jackson National14,4000 00For
Brown Advisory Funds9,1360 00For
Guardian Variable Products Trust08,600 00Against
Gabelli7,4000 00For
MASTER INVESTMENT PORTFOLIO5,2000 00For
Bridge Builder Trust4,4000 00For
ETF Series Solutions2,8000 00For
Pacer Funds Trust0626 00Against
RBB FUND, INC.4000 00For

8. Appoint a Director Tsuzaki, Masahiro

No official resultsDIRECTOR ELECTIONS

99.3% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 1,991,955 for, 12,026 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: 1,991,955AGAINST: 12,026
Largest asset managers voting on “Appoint a Director Tsuzaki, Masahiro” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,517,3700 00For
BAILLIE GIFFORD FUNDS207,7000 00For
Brighthouse113,2000 00For
OPTIMUM FUND TRUST39,5000 00For
Six Circles Trust27,4000 00For
John Hancock23,3490 00For
ADVISORS' INNER CIRCLE FUND22,5000 00For
Jackson National14,4000 00For
Brown Advisory Funds9,1360 00For
Guardian Variable Products Trust08,600 00Against
Gabelli7,4000 00For
MASTER INVESTMENT PORTFOLIO5,2000 00For
Bridge Builder Trust4,4000 00For
ETF Series Solutions02,800 00Against
Pacer Funds Trust0626 00Against
RBB FUND, INC.4000 00For

9. Elect Fuminori Mitera

No official resultsCORPORATE GOVERNANCE

31% of fund votes cast · no official result

FORAGAINST
Details: votes by 14 asset managers

The 14 asset managers below reported 772,697 for, 1,745,300 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: 772,697AGAINST: 1,745,300
Largest asset managers voting on “Elect Fuminori Mitera” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford0949,000 00Against
Vanguard0787,700 00Against
SEI347,9120 00For
Charles Schwab296,6260 00For
Mercer Funds59,1000 00For
Prudential/PGIM30,6670 00For
SEI Exchange Traded Funds13,1720 00For
Morningstar Funds Trust11,9660 00For
Russell Investments9,3000 00For
Morgan Stanley08,400 00Against
Venerable Variable Insurance Trust3,7000 00For
Brighthouse0200 00Against
Global X1540 00For
Adviser Managed Trust1000 00For

10. Elect Kanako Nozue

No official resultsCORPORATE GOVERNANCE

0% of fund votes cast · no official result

AGAINST
Details: votes by 14 asset managers

The 14 asset managers below reported 2,517,997 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.

AGAINST: 2,517,997
Largest asset managers voting on “Elect Kanako Nozue” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford0949,000 00Against
Vanguard0787,700 00Against
SEI0347,912 00Against
Charles Schwab0296,626 00Against
Mercer Funds059,100 00Against
Prudential/PGIM030,667 00Against
SEI Exchange Traded Funds013,172 00Against
Morningstar Funds Trust011,966 00Against
Russell Investments09,300 00Against
Morgan Stanley08,400 00Against
Venerable Variable Insurance Trust03,700 00Against
Brighthouse0200 00Against
Global X0154 00Against
Adviser Managed Trust0100 00Against

11. Elect Masahiro Otake

No official resultsCORPORATE GOVERNANCE

2% of fund votes cast · no official result

AGAINST
Details: votes by 14 asset managers

The 14 asset managers below reported 59,100 for, 2,458,897 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: 59,100AGAINST: 2,458,897
Largest asset managers voting on “Elect Masahiro Otake” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford0949,000 00Against
Vanguard0787,700 00Against
SEI0347,912 00Against
Charles Schwab0296,626 00Against
Mercer Funds59,1000 00For
Prudential/PGIM030,667 00Against
SEI Exchange Traded Funds013,172 00Against
Morningstar Funds Trust011,966 00Against
Russell Investments09,300 00Against
Morgan Stanley08,400 00Against
Venerable Variable Insurance Trust03,700 00Against
Brighthouse0200 00Against
Global X0154 00Against
Adviser Managed Trust0100 00Against

12. Approve Allocation of Income, with a Final Dividend of JPY 169.5

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 12,160,365 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: 12,160,365
Largest asset managers voting on “Approve Allocation of Income, with a Final Dividend of JPY 169.5” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
FIRST EAGLE FUNDS6,150,2600 00For
Vanguard2,162,6490 00For
MFS1,385,9490 00For
Fidelity542,9870 00For
JPMorgan351,2000 00For
Invesco332,8090 00For
Columbia Threadneedle236,7330 00For
TIAA174,1630 00For
State Street142,2520 00For
RBB Fund Trust92,1000 00For
Capital Group87,5950 00For
Equitable85,7670 00For
EUPAC FUND70,6440 00For
T. Rowe Price65,4990 00For
Empower40,6000 00For
Franklin Templeton37,7930 00For
DWS36,7720 00For
FIRST EAGLE VARIABLE FUNDS29,1600 00For
Northern Trust24,9300 00For
Brinker Capital Destinations Trust16,5000 00For
AIG/SunAmerica13,0000 00For
Brighthouse11,2790 00For
Lincoln Financial10,7000 00For
Voya9,8550 00For
American Century8,2000 00For

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

13. Approve Appropriation of Surplus

No official resultsCAPITAL STRUCTURE

99.5% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 1,995,381 for, 8,600 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: 1,995,381AGAINST: 8,600
Largest asset managers voting on “Approve Appropriation of Surplus” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,517,3700 00For
BAILLIE GIFFORD FUNDS207,7000 00For
Brighthouse113,2000 00For
OPTIMUM FUND TRUST39,5000 00For
Six Circles Trust27,4000 00For
John Hancock23,3490 00For
ADVISORS' INNER CIRCLE FUND22,5000 00For
Jackson National14,4000 00For
Brown Advisory Funds9,1360 00For
Guardian Variable Products Trust08,600 00Against
Gabelli7,4000 00For
MASTER INVESTMENT PORTFOLIO5,2000 00For
Bridge Builder Trust4,4000 00For
ETF Series Solutions2,8000 00For
Pacer Funds Trust6260 00For
RBB FUND, INC.4000 00For

14. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

31% of fund votes cast · no official result

FORAGAINST
Details: votes by 14 asset managers

The 14 asset managers below reported 772,697 for, 1,745,300 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: 772,697AGAINST: 1,745,300
Largest asset managers voting on “Allocation of Profits/Dividends” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford0949,000 00Against
Vanguard0787,700 00Against
SEI347,9120 00For
Charles Schwab296,6260 00For
Mercer Funds59,1000 00For
Prudential/PGIM30,6670 00For
SEI Exchange Traded Funds13,1720 00For
Morningstar Funds Trust11,9660 00For
Russell Investments9,3000 00For
Morgan Stanley08,400 00Against
Venerable Variable Insurance Trust3,7000 00For
Brighthouse0200 00Against
Global X1540 00For
Adviser Managed Trust1000 00For

15. Appoint Alternate Statutory Auditor Hashimoto, Toshihiko

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 12,160,365 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: 12,160,365
Largest asset managers voting on “Appoint Alternate Statutory Auditor Hashimoto, Toshihiko” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
FIRST EAGLE FUNDS6,150,2600 00For
Vanguard2,162,6490 00For
MFS1,385,9490 00For
Fidelity542,9870 00For
JPMorgan351,2000 00For
Invesco332,8090 00For
Columbia Threadneedle236,7330 00For
TIAA174,1630 00For
State Street142,2520 00For
RBB Fund Trust92,1000 00For
Capital Group87,5950 00For
Equitable85,7670 00For
EUPAC FUND70,6440 00For
T. Rowe Price65,4990 00For
Empower40,6000 00For
Franklin Templeton37,7930 00For
DWS36,7720 00For
FIRST EAGLE VARIABLE FUNDS29,1600 00For
Northern Trust24,9300 00For
Brinker Capital Destinations Trust16,5000 00For
AIG/SunAmerica13,0000 00For
Brighthouse11,2790 00For
Lincoln Financial10,7000 00For
Voya9,8550 00For
American Century8,2000 00For

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

16. Appoint Statutory Auditor Mitera, Fuminori

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 12,160,365 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: 12,160,365
Largest asset managers voting on “Appoint Statutory Auditor Mitera, Fuminori” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
FIRST EAGLE FUNDS6,150,2600 00For
Vanguard2,162,6490 00For
MFS1,385,9490 00For
Fidelity542,9870 00For
JPMorgan351,2000 00For
Invesco332,8090 00For
Columbia Threadneedle236,7330 00For
TIAA174,1630 00For
State Street142,2520 00For
RBB Fund Trust92,1000 00For
Capital Group87,5950 00For
Equitable85,7670 00For
EUPAC FUND70,6440 00For
T. Rowe Price65,4990 00For
Empower40,6000 00For
Franklin Templeton37,7930 00For
DWS36,7720 00For
FIRST EAGLE VARIABLE FUNDS29,1600 00For
Northern Trust24,9300 00For
Brinker Capital Destinations Trust16,5000 00For
AIG/SunAmerica13,0000 00For
Brighthouse11,2790 00For
Lincoln Financial10,7000 00For
Voya9,8550 00For
American Century8,2000 00For

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

17. Appoint Statutory Auditor Nozue, Kanako

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

76% of fund votes cast · no official result

FORAGAINST
Details: votes by 46 asset managers

The 46 asset managers below reported 9,231,267 for, 2,929,098 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: 9,231,267AGAINST: 2,929,098
Largest asset managers voting on “Appoint Statutory Auditor Nozue, Kanako” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
FIRST EAGLE FUNDS6,150,2600 00For
Vanguard2,162,6490 00For
MFS01,385,949 00Against
Fidelity456,68786,300 00Mixed
JPMorgan0351,200 00Against
Invesco0332,809 00Against
Columbia Threadneedle0236,733 00Against
TIAA174,1630 00For
State Street142,2520 00For
RBB Fund Trust92,1000 00For
Capital Group087,595 00Against
Equitable5,64580,122 00Mixed
EUPAC FUND070,644 00Against
T. Rowe Price065,499 00Against
Empower040,600 00Against
Franklin Templeton037,793 00Against
DWS036,772 00Against
FIRST EAGLE VARIABLE FUNDS29,1600 00For
Northern Trust024,930 00Against
Brinker Capital Destinations Trust1,30015,200 00Mixed
AIG/SunAmerica013,000 00Against
Brighthouse011,279 00Against
Lincoln Financial9,800900 00Mixed
Voya09,855 00Against
American Century08,200 00Against

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

18. Appoint Statutory Auditor Otake, Masahiro

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

82% of fund votes cast · no official result

FORAGAINST
Details: votes by 46 asset managers

The 46 asset managers below reported 9,997,716 for, 2,162,649 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: 9,997,716AGAINST: 2,162,649
Largest asset managers voting on “Appoint Statutory Auditor Otake, Masahiro” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
FIRST EAGLE FUNDS6,150,2600 00For
Vanguard02,162,649 00Against
MFS1,385,9490 00For
Fidelity542,9870 00For
JPMorgan351,2000 00For
Invesco332,8090 00For
Columbia Threadneedle236,7330 00For
TIAA174,1630 00For
State Street142,2520 00For
RBB Fund Trust92,1000 00For
Capital Group87,5950 00For
Equitable85,7670 00For
EUPAC FUND70,6440 00For
T. Rowe Price65,4990 00For
Empower40,6000 00For
Franklin Templeton37,7930 00For
DWS36,7720 00For
FIRST EAGLE VARIABLE FUNDS29,1600 00For
Northern Trust24,9300 00For
Brinker Capital Destinations Trust16,5000 00For
AIG/SunAmerica13,0000 00For
Brighthouse11,2790 00For
Lincoln Financial10,7000 00For
Voya9,8550 00For
American Century8,2000 00For

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

19. Appoint a Corporate Auditor Mitera, Fuminori

No official resultsAUDIT-RELATED

99.5% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 1,995,381 for, 8,600 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: 1,995,381AGAINST: 8,600
Largest asset managers voting on “Appoint a Corporate Auditor Mitera, Fuminori” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,517,3700 00For
BAILLIE GIFFORD FUNDS207,7000 00For
Brighthouse113,2000 00For
OPTIMUM FUND TRUST39,5000 00For
Six Circles Trust27,4000 00For
John Hancock23,3490 00For
ADVISORS' INNER CIRCLE FUND22,5000 00For
Jackson National14,4000 00For
Brown Advisory Funds9,1360 00For
Guardian Variable Products Trust08,600 00Against
Gabelli7,4000 00For
MASTER INVESTMENT PORTFOLIO5,2000 00For
Bridge Builder Trust4,4000 00For
ETF Series Solutions2,8000 00For
Pacer Funds Trust6260 00For
RBB FUND, INC.4000 00For

20. Appoint a Corporate Auditor Nozue, Kanako

No official resultsAUDIT-RELATED

96% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 1,924,870 for, 79,111 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: 1,924,870AGAINST: 79,111
Largest asset managers voting on “Appoint a Corporate Auditor Nozue, Kanako” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,517,3700 00For
BAILLIE GIFFORD FUNDS207,7000 00For
Brighthouse113,2000 00For
OPTIMUM FUND TRUST39,5000 00For
Six Circles Trust27,4000 00For
John Hancock2,70020,649 00Mixed
ADVISORS' INNER CIRCLE FUND022,500 00Against
Jackson National014,400 00Against
Brown Advisory Funds09,136 00Against
Guardian Variable Products Trust08,600 00Against
Gabelli7,4000 00For
MASTER INVESTMENT PORTFOLIO5,2000 00For
Bridge Builder Trust4,4000 00For
ETF Series Solutions02,800 00Against
Pacer Funds Trust0626 00Against
RBB FUND, INC.0400 00Against

21. Appoint a Corporate Auditor Otake, Masahiro

No official resultsAUDIT-RELATED

98% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 1,972,255 for, 31,726 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: 1,972,255AGAINST: 31,726
Largest asset managers voting on “Appoint a Corporate Auditor Otake, Masahiro” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,517,3700 00For
BAILLIE GIFFORD FUNDS207,7000 00For
Brighthouse113,2000 00For
OPTIMUM FUND TRUST39,5000 00For
Six Circles Trust27,4000 00For
John Hancock23,3490 00For
ADVISORS' INNER CIRCLE FUND022,500 00Against
Jackson National14,4000 00For
Brown Advisory Funds9,1360 00For
Guardian Variable Products Trust08,600 00Against
Gabelli7,4000 00For
MASTER INVESTMENT PORTFOLIO5,2000 00For
Bridge Builder Trust4,4000 00For
ETF Series Solutions2,8000 00For
Pacer Funds Trust0626 00Against
RBB FUND, INC.4000 00For

22. Appoint a Substitute Corporate Auditor Hashimoto, Toshihiko

No official resultsAUDIT-RELATED

99.5% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 1,995,381 for, 8,600 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: 1,995,381AGAINST: 8,600
Largest asset managers voting on “Appoint a Substitute Corporate Auditor Hashimoto, Toshihiko” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,517,3700 00For
BAILLIE GIFFORD FUNDS207,7000 00For
Brighthouse113,2000 00For
OPTIMUM FUND TRUST39,5000 00For
Six Circles Trust27,4000 00For
John Hancock23,3490 00For
ADVISORS' INNER CIRCLE FUND22,5000 00For
Jackson National14,4000 00For
Brown Advisory Funds9,1360 00For
Guardian Variable Products Trust08,600 00Against
Gabelli7,4000 00For
MASTER INVESTMENT PORTFOLIO5,2000 00For
Bridge Builder Trust4,4000 00For
ETF Series Solutions2,8000 00For
Pacer Funds Trust6260 00For
RBB FUND, INC.4000 00For

23. Elect Toshihiko Hashimoto as Alternate Statutory Auditor

No official resultsDIRECTOR ELECTIONS

31% of fund votes cast · no official result

FORAGAINST
Details: votes by 14 asset managers

The 14 asset managers below reported 772,697 for, 1,745,300 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: 772,697AGAINST: 1,745,300
Largest asset managers voting on “Elect Toshihiko Hashimoto as Alternate Statutory Auditor” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford0949,000 00Against
Vanguard0787,700 00Against
SEI347,9120 00For
Charles Schwab296,6260 00For
Mercer Funds59,1000 00For
Prudential/PGIM30,6670 00For
SEI Exchange Traded Funds13,1720 00For
Morningstar Funds Trust11,9660 00For
Russell Investments9,3000 00For
Morgan Stanley08,400 00Against
Venerable Variable Insurance Trust3,7000 00For
Brighthouse0200 00Against
Global X1540 00For
Adviser Managed Trust1000 00For

24. Initiate Share Repurchase Program

No official resultsCAPITAL STRUCTURE

70% of fund votes cast · no official result

FORAGAINST
Details: votes by 46 asset managers

The 46 asset managers below reported 8,534,471 for, 3,625,894 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: 8,534,471AGAINST: 3,625,894
Largest asset managers voting on “Initiate Share Repurchase Program” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
FIRST EAGLE FUNDS6,150,2600 00For
Vanguard02,162,649 00Against
MFS1,385,9490 00For
Fidelity79,400463,587 00Mixed
JPMorgan351,2000 00For
Invesco324,2028,607 00For
Columbia Threadneedle0236,733 00Against
TIAA0174,163 00Against
State Street0142,252 00Against
RBB Fund Trust92,1000 00For
Capital Group087,595 00Against
Equitable69,20016,567 00Mixed
EUPAC FUND070,644 00Against
T. Rowe Price065,499 00Against
Empower37,4003,200 00Mixed
Franklin Templeton037,793 00Against
DWS036,772 00Against
FIRST EAGLE VARIABLE FUNDS29,1600 00For
Northern Trust024,930 00Against
Brinker Capital Destinations Trust15,2001,300 00Mixed
AIG/SunAmerica013,000 00Against
Brighthouse011,279 00Against
Lincoln Financial010,700 00Against
Voya09,855 00Against
American Century08,200 00Against

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

25. Shareholder Proposal: Approve Purchase of Own Shares

No official resultsCAPITAL STRUCTURE

20% of fund votes cast · no official result

FORAGAINST
Details: votes by 16 asset managers

The 16 asset managers below reported 399,626 for, 1,604,355 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: 399,626AGAINST: 1,604,355
Largest asset managers voting on “Shareholder Proposal: Approve Purchase of Own Shares” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock01,517,370 00Against
BAILLIE GIFFORD FUNDS207,7000 00For
Brighthouse113,2000 00For
OPTIMUM FUND TRUST39,5000 00For
Six Circles Trust027,400 00Against
John Hancock023,349 00Against
ADVISORS' INNER CIRCLE FUND22,5000 00For
Jackson National10014,300 00Against
Brown Advisory Funds09,136 00Against
Guardian Variable Products Trust8,6000 00For
Gabelli7,4000 00For
MASTER INVESTMENT PORTFOLIO05,200 00Against
Bridge Builder Trust04,400 00Against
ETF Series Solutions02,800 00Against
Pacer Funds Trust6260 00For
RBB FUND, INC.0400 00Against

26. Shareholder Proposal Regarding Share Repurchase

No official resultsCAPITAL STRUCTURE

99% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 2,487,230 for, 30,767 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,487,230AGAINST: 30,767
Largest asset managers voting on “Shareholder Proposal Regarding Share Repurchase” at Shimano, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Hartford949,0000 00For
Vanguard787,7000 00For
SEI347,9120 00For
Charles Schwab296,6260 00For
Mercer Funds59,000100 00For
Prudential/PGIM030,667 00Against
SEI Exchange Traded Funds13,1720 00For
Morningstar Funds Trust11,9660 00For
Russell Investments9,3000 00For
Morgan Stanley8,4000 00For
Venerable Variable Insurance Trust3,7000 00For
Brighthouse2000 00For
Global X1540 00For
Adviser Managed Trust1000 00For

Largest Shimano, 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 Shimano, Inc. shareholders by shares voted on “Elect Director Tsuzaki, Masahiro”, 2025-2026
#Asset manager Shares voted
1FIRST EAGLE FUNDS 6,150,260
2Vanguard 2,950,349
3MFS 1,385,949
4Hartford 949,000
5Fidelity 542,987
6JPMorgan 351,200
7SEI 347,912
8Invesco 332,809
9Charles Schwab 296,626
10Columbia Threadneedle 236,733

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

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

Cite this page

proxyvotesnow.com, “Shimano, Inc. 2026 Annual Meeting: Vote Results & How Funds Voted”, https://proxyvotesnow.com/company/shimano-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.