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Home › Companies › Shiseido Co., Ltd. › 2025-2026

Shiseido Co., Ltd. 2025-2026 Proxy Voting Records

At Shiseido Co., Ltd.'s shareholder meeting held March 25, 2026, in the 2025-2026 proxy season, 57 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,042 separate fund positions. Their filings are grouped here into 28 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 Andrew House — the reporting funds and managers cast 100% 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). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 28Reported items
  • 57Asset managers
  • 2,042Fund votes
  • March 25, 2026Meeting date

Results at a glance

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

How asset managers voted at the Shiseido Co., Ltd. 2025-2026 meeting

Each item below shows how the 57 asset managers that disclosed a Shiseido 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 Shiseido 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 Andrew House

Combines 3 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 44 asset managers voting on “Elect Director Andrew House” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
Charles Schwab1,320,5010 00For
JPMorgan495,3000 00For
TIAA319,0180 00For
AQR258,6000 00For
Franklin Templeton190,1760 00For
Northern Trust129,7020 00For
AIG/SunAmerica88,1000 00For
Investment Managers Series Trust III87,5000 00For
Prudential/PGIM82,6880 00For
Lincoln Financial76,7000 00For
Equitable64,0380 00For
Dimensional48,7000 00For
State Street42,0000 00For
Russell Investments38,8000 00For
Principal29,8000 00For
Goldman Sachs26,6180 00For
BNY Mellon26,5000 00For
Calvert25,9710 00For
American Century24,4320 00For
DWS23,5550 00For
Venerable Variable Insurance Trust20,7000 00For
Columbia Threadneedle17,6000 00For
HC CAPITAL TRUST13,8390 00For

Fund voting reports, all 44 managers: 17,154,025 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Elect Director Andrew House” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

2. Elect Director Fujiwara, Kentaro

Combines 3 wordings of this item as funds reported it.

93% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 44 asset managers voting on “Elect Director Fujiwara, Kentaro” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
Charles Schwab1,320,5010 00For
JPMorgan495,3000 00For
TIAA0319,018 00Against
AQR0258,600 00Against
Franklin Templeton0190,176 00Against
Northern Trust0129,702 00Against
AIG/SunAmerica088,100 00Against
Investment Managers Series Trust III87,5000 00For
Prudential/PGIM82,6880 00For
Lincoln Financial76,7000 00For
Equitable7,86756,171 00Mixed
Dimensional48,7000 00For
State Street42,0000 00For
Russell Investments38,8000 00For
Principal029,800 00Against
Goldman Sachs026,618 00Against
BNY Mellon026,500 00Against
Calvert025,971 00Against
American Century024,432 00Against
DWS023,555 00Against
Venerable Variable Insurance Trust20,7000 00For
Columbia Threadneedle017,600 00Against
HC CAPITAL TRUST013,839 00Against

Fund voting reports, all 44 managers: 15,886,506 for, 1,267,519 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Elect Director Fujiwara, Kentaro” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

3. Elect Director Goto, Yasuko

Combines 3 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 44 asset managers voting on “Elect Director Goto, Yasuko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
Charles Schwab1,320,5010 00For
JPMorgan495,3000 00For
TIAA319,0180 00For
AQR258,6000 00For
Franklin Templeton190,1760 00For
Northern Trust129,7020 00For
AIG/SunAmerica88,1000 00For
Investment Managers Series Trust III87,5000 00For
Prudential/PGIM82,6880 00For
Lincoln Financial76,7000 00For
Equitable64,0380 00For
Dimensional48,7000 00For
State Street42,0000 00For
Russell Investments38,8000 00For
Principal29,8000 00For
Goldman Sachs26,6180 00For
BNY Mellon26,5000 00For
Calvert25,9710 00For
American Century24,4320 00For
DWS23,5550 00For
Venerable Variable Insurance Trust20,7000 00For
Columbia Threadneedle17,6000 00For
HC CAPITAL TRUST13,8390 00For

Fund voting reports, all 44 managers: 17,154,025 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Elect Director Goto, Yasuko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

4. Elect Director Hatanaka, Yoshihiko

Combines 3 wordings of this item as funds reported it.

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 44 asset managers voting on “Elect Director Hatanaka, Yoshihiko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
Charles Schwab1,320,5010 00For
JPMorgan495,3000 00For
TIAA319,0180 00For
AQR258,6000 00For
Franklin Templeton190,1760 00For
Northern Trust129,7020 00For
AIG/SunAmerica88,1000 00For
Investment Managers Series Trust III87,5000 00For
Prudential/PGIM82,6880 00For
Lincoln Financial76,7000 00For
Equitable64,0380 00For
Dimensional48,7000 00For
State Street42,0000 00For
Russell Investments38,8000 00For
Principal29,8000 00For
Goldman Sachs26,6180 00For
BNY Mellon26,5000 00For
Calvert25,9710 00For
American Century24,4320 00For
DWS23,5550 00For
Venerable Variable Insurance Trust20,7000 00For
Columbia Threadneedle17,6000 00For
HC CAPITAL TRUST13,8390 00For

Fund voting reports, all 44 managers: 17,153,925 for, 100 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Elect Director Hatanaka, Yoshihiko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

5. Elect Director Hirofuji, Ayako

Combines 3 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 44 asset managers voting on “Elect Director Hirofuji, Ayako” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
Charles Schwab1,320,5010 00For
JPMorgan495,3000 00For
TIAA319,0180 00For
AQR258,6000 00For
Franklin Templeton190,1760 00For
Northern Trust129,7020 00For
AIG/SunAmerica88,1000 00For
Investment Managers Series Trust III87,5000 00For
Prudential/PGIM82,6880 00For
Lincoln Financial76,7000 00For
Equitable64,0380 00For
Dimensional48,7000 00For
State Street42,0000 00For
Russell Investments38,8000 00For
Principal29,8000 00For
Goldman Sachs26,6180 00For
BNY Mellon26,5000 00For
Calvert25,9710 00For
American Century24,4320 00For
DWS23,5550 00For
Venerable Variable Insurance Trust20,7000 00For
Columbia Threadneedle17,6000 00For
HC CAPITAL TRUST13,8390 00For

Fund voting reports, all 44 managers: 17,154,025 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Elect Director Hirofuji, Ayako” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

6. Elect Director Kaneko, Keiko

Combines 3 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 44 asset managers voting on “Elect Director Kaneko, Keiko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
Charles Schwab1,320,5010 00For
JPMorgan495,3000 00For
TIAA319,0180 00For
AQR258,6000 00For
Franklin Templeton190,1760 00For
Northern Trust129,7020 00For
AIG/SunAmerica88,1000 00For
Investment Managers Series Trust III87,5000 00For
Prudential/PGIM82,6880 00For
Lincoln Financial76,7000 00For
Equitable64,0380 00For
Dimensional48,7000 00For
State Street42,0000 00For
Russell Investments38,8000 00For
Principal29,8000 00For
Goldman Sachs26,6180 00For
BNY Mellon26,5000 00For
Calvert25,9710 00For
American Century24,4320 00For
DWS23,5550 00For
Venerable Variable Insurance Trust20,7000 00For
Columbia Threadneedle17,6000 00For
HC CAPITAL TRUST13,8390 00For

Fund voting reports, all 44 managers: 17,154,025 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Elect Director Kaneko, Keiko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

7. Elect Director Nakajima, Yasuhiro

Combines 3 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 44 asset managers voting on “Elect Director Nakajima, Yasuhiro” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
Charles Schwab1,320,5010 00For
JPMorgan495,3000 00For
TIAA319,0180 00For
AQR258,6000 00For
Franklin Templeton190,1760 00For
Northern Trust129,7020 00For
AIG/SunAmerica88,1000 00For
Investment Managers Series Trust III87,5000 00For
Prudential/PGIM82,6880 00For
Lincoln Financial76,7000 00For
Equitable64,0380 00For
Dimensional48,7000 00For
State Street42,0000 00For
Russell Investments38,8000 00For
Principal29,8000 00For
Goldman Sachs26,6180 00For
BNY Mellon26,5000 00For
Calvert25,9710 00For
American Century24,4320 00For
DWS23,5550 00For
Venerable Variable Insurance Trust20,7000 00For
Columbia Threadneedle17,6000 00For
HC CAPITAL TRUST13,8390 00For

Fund voting reports, all 44 managers: 17,154,025 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Elect Director Nakajima, Yasuhiro” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

8. Elect Director Nakata, Takuya

Combines 3 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 44 asset managers voting on “Elect Director Nakata, Takuya” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
Charles Schwab1,320,5010 00For
JPMorgan495,3000 00For
TIAA319,0180 00For
AQR258,6000 00For
Franklin Templeton190,1760 00For
Northern Trust129,7020 00For
AIG/SunAmerica88,1000 00For
Investment Managers Series Trust III87,5000 00For
Prudential/PGIM82,6880 00For
Lincoln Financial76,7000 00For
Equitable64,0380 00For
Dimensional48,7000 00For
State Street42,0000 00For
Russell Investments38,8000 00For
Principal29,8000 00For
Goldman Sachs26,6180 00For
BNY Mellon26,5000 00For
Calvert25,9710 00For
American Century24,4320 00For
DWS23,5550 00For
Venerable Variable Insurance Trust20,7000 00For
Columbia Threadneedle17,6000 00For
HC CAPITAL TRUST13,8390 00For

Fund voting reports, all 44 managers: 17,154,025 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Elect Director Nakata, Takuya” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

9. Elect Director Nonomiya, Ritsuko

Combines 3 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 44 asset managers voting on “Elect Director Nonomiya, Ritsuko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
Charles Schwab1,320,5010 00For
JPMorgan495,3000 00For
TIAA319,0180 00For
AQR258,6000 00For
Franklin Templeton190,1760 00For
Northern Trust129,7020 00For
AIG/SunAmerica88,1000 00For
Investment Managers Series Trust III87,5000 00For
Prudential/PGIM82,6880 00For
Lincoln Financial76,7000 00For
Equitable64,0380 00For
Dimensional48,7000 00For
State Street42,0000 00For
Russell Investments38,8000 00For
Principal29,8000 00For
Goldman Sachs26,6180 00For
BNY Mellon26,5000 00For
Calvert25,9710 00For
American Century24,4320 00For
DWS23,5550 00For
Venerable Variable Insurance Trust20,7000 00For
Columbia Threadneedle17,6000 00For
HC CAPITAL TRUST13,8390 00For

Fund voting reports, all 44 managers: 17,154,025 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Elect Director Nonomiya, Ritsuko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

10. Elect Director Okamoto, Hitoshi

Combines 3 wordings of this item as funds reported it.

99.3% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 44 asset managers voting on “Elect Director Okamoto, Hitoshi” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
Charles Schwab1,320,5010 00For
JPMorgan495,3000 00For
TIAA319,0180 00For
AQR258,6000 00For
Franklin Templeton190,1760 00For
Northern Trust129,7020 00For
AIG/SunAmerica88,1000 00For
Investment Managers Series Trust III87,5000 00For
Prudential/PGIM82,6880 00For
Lincoln Financial20,30056,400 00Mixed
Equitable64,0380 00For
Dimensional48,7000 00For
State Street042,000 00Against
Russell Investments38,8000 00For
Principal29,8000 00For
Goldman Sachs26,6180 00For
BNY Mellon26,5000 00For
Calvert25,9710 00For
American Century24,4320 00For
DWS23,5550 00For
Venerable Variable Insurance Trust20,7000 00For
Columbia Threadneedle17,6000 00For
HC CAPITAL TRUST13,8390 00For

Fund voting reports, all 44 managers: 17,035,963 for, 118,062 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Elect Director Okamoto, Hitoshi” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

11. Elect Director Tokuno, Mariko

Combines 3 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 44 asset managers voting on “Elect Director Tokuno, Mariko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
Charles Schwab1,320,5010 00For
JPMorgan495,3000 00For
TIAA319,0180 00For
AQR258,6000 00For
Franklin Templeton190,1760 00For
Northern Trust129,7020 00For
AIG/SunAmerica88,1000 00For
Investment Managers Series Trust III87,5000 00For
Prudential/PGIM82,6880 00For
Lincoln Financial76,7000 00For
Equitable64,0380 00For
Dimensional48,7000 00For
State Street42,0000 00For
Russell Investments38,8000 00For
Principal29,8000 00For
Goldman Sachs26,6180 00For
BNY Mellon26,5000 00For
Calvert25,9710 00For
American Century24,4320 00For
DWS23,5550 00For
Venerable Variable Insurance Trust20,7000 00For
Columbia Threadneedle17,6000 00For
HC CAPITAL TRUST13,8390 00For

Fund voting reports, all 44 managers: 17,154,025 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Elect Director Tokuno, Mariko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

12. Elect Director Anno, Hiromi

Combines 2 wordings of this item as funds reported it.

99.2% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 40 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 39 asset managers voting on “Elect Director Anno, Hiromi” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
JPMorgan495,3000 00For
TIAA319,0180 00For
AQR258,6000 00For
Franklin Templeton190,1760 00For
Northern Trust129,7020 00For
AIG/SunAmerica88,1000 00For
Investment Managers Series Trust III87,5000 00For
Lincoln Financial20,30056,400 00Mixed
Equitable64,0380 00For
Dimensional48,7000 00For
State Street042,000 00Against
Principal29,8000 00For
Goldman Sachs26,6180 00For
BNY Mellon26,5000 00For
Calvert25,9710 00For
American Century24,4320 00For
DWS23,5550 00For
Columbia Threadneedle17,6000 00For
HC CAPITAL TRUST13,8390 00For
Brighthouse10,9540 00For
Empower10,5010 00For
Morgan Stanley10,4010 00For
Voya08,962 00Against

Fund voting reports, all 39 managers: 15,572,474 for, 118,062 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Elect Director Anno, Hiromi” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

13. Appoint a Director Andrew House

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,164,129 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 9,164,129
Largest asset managers voting on “Appoint a Director Andrew House” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust713,9000 00For
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock66,6620 00For
GPS Funds I28,5890 00For
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National5,6000 00For
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

14. Appoint a Director Anno, Hiromi

No official resultsDIRECTOR ELECTIONS

99.8% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,150,129 for, 14,000 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: 9,150,129AGAINST: 14,000
Largest asset managers voting on “Appoint a Director Anno, Hiromi” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust713,9000 00For
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock52,66214,000 00Mixed
GPS Funds I28,5890 00For
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National5,6000 00For
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

15. Appoint a Director Fujiwara, Kentaro

No official resultsDIRECTOR ELECTIONS

99% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,028,755 for, 135,374 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: 9,028,755AGAINST: 135,374
Largest asset managers voting on “Appoint a Director Fujiwara, Kentaro” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust664,40049,500 00Mixed
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock14,57752,085 00Mixed
GPS Funds I028,589 00Against
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National4005,200 00Mixed
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

16. Appoint a Director Goto, Yasuko

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,164,129 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 9,164,129
Largest asset managers voting on “Appoint a Director Goto, Yasuko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust713,9000 00For
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock66,6620 00For
GPS Funds I28,5890 00For
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National5,6000 00For
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

17. Appoint a Director Hatanaka, Yoshihiko

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,164,129 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 9,164,129
Largest asset managers voting on “Appoint a Director Hatanaka, Yoshihiko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust713,9000 00For
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock66,6620 00For
GPS Funds I28,5890 00For
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National5,6000 00For
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

18. Appoint a Director Hirofuji, Ayako

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,164,129 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 9,164,129
Largest asset managers voting on “Appoint a Director Hirofuji, Ayako” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust713,9000 00For
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock66,6620 00For
GPS Funds I28,5890 00For
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National5,6000 00For
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

19. Appoint a Director Kaneko, Keiko

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,164,129 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 9,164,129
Largest asset managers voting on “Appoint a Director Kaneko, Keiko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust713,9000 00For
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock66,6620 00For
GPS Funds I28,5890 00For
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National5,6000 00For
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

20. Appoint a Director Nakajima, Yasuhiro

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,164,129 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 9,164,129
Largest asset managers voting on “Appoint a Director Nakajima, Yasuhiro” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust713,9000 00For
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock66,6620 00For
GPS Funds I28,5890 00For
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National5,6000 00For
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

21. Appoint a Director Nakata, Takuya

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,164,129 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 9,164,129
Largest asset managers voting on “Appoint a Director Nakata, Takuya” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust713,9000 00For
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock66,6620 00For
GPS Funds I28,5890 00For
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National5,6000 00For
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

22. Appoint a Director Nonomiya, Ritsuko

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,164,129 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 9,164,129
Largest asset managers voting on “Appoint a Director Nonomiya, Ritsuko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust713,9000 00For
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock66,6620 00For
GPS Funds I28,5890 00For
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National5,6000 00For
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

23. Appoint a Director Okamoto, Hitoshi

No official resultsDIRECTOR ELECTIONS

99.8% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,150,129 for, 14,000 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: 9,150,129AGAINST: 14,000
Largest asset managers voting on “Appoint a Director Okamoto, Hitoshi” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust713,9000 00For
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock52,66214,000 00Mixed
GPS Funds I28,5890 00For
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National5,6000 00For
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

24. Appoint a Director Tokuno, Mariko

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,164,129 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 9,164,129
Largest asset managers voting on “Appoint a Director Tokuno, Mariko” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust713,9000 00For
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock66,6620 00For
GPS Funds I28,5890 00For
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National5,6000 00For
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

25. Elect Hiromi Anno @ Hiromi Hara

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 1,463,489 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: 1,463,489
Largest asset managers voting on “Elect Hiromi Anno @ Hiromi Hara” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,320,5010 00For
Prudential/PGIM82,6880 00For
Russell Investments38,8000 00For
Venerable Variable Insurance Trust20,7000 00For
Adviser Managed Trust7000 00For
Brighthouse1000 00For

26. Approve Allocation of Income, with a Final Dividend of JPY 20

Combines 2 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 40 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). 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.

Fund voting reports: 39 asset managers voting on “Approve Allocation of Income, with a Final Dividend of JPY 20” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,339,9640 00For
Fidelity2,291,9850 00For
JPMorgan495,3000 00For
TIAA319,0180 00For
AQR258,6000 00For
Franklin Templeton190,1760 00For
Northern Trust129,7020 00For
AIG/SunAmerica88,1000 00For
Investment Managers Series Trust III87,5000 00For
Lincoln Financial76,7000 00For
Equitable64,0380 00For
Dimensional48,7000 00For
State Street42,0000 00For
Principal29,8000 00For
Goldman Sachs26,6180 00For
BNY Mellon26,5000 00For
Calvert25,9710 00For
American Century24,4320 00For
DWS23,5550 00For
Columbia Threadneedle17,6000 00For
HC CAPITAL TRUST13,8390 00For
Brighthouse10,9540 00For
Empower10,5010 00For
Morgan Stanley10,4010 00For
Voya8,9620 00For

Fund voting reports, all 39 managers: 15,690,536 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Approve Allocation of Income, with a Final Dividend of JPY 20” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP393,4000 00For

Institutional-manager reports, all 1 managers: 393,400 for.

27. Approve Appropriation of Surplus

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,164,129 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 9,164,129
Largest asset managers voting on “Approve Appropriation of Surplus” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock7,397,5780 00For
Bridge Builder Trust713,9000 00For
HARBOR FUNDS589,7000 00For
BAILLIE GIFFORD FUNDS193,4000 00For
Six Circles Trust145,0000 00For
John Hancock66,6620 00For
GPS Funds I28,5890 00For
GREEN CENTURY FUNDS13,4000 00For
Gabelli6,0000 00For
Jackson National5,6000 00For
Krane Shares Trust3,5000 00For
MASTER INVESTMENT PORTFOLIO8000 00For

28. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 1,463,489 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: 1,463,489
Largest asset managers voting on “Allocation of Profits/Dividends” at Shiseido Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,320,5010 00For
Prudential/PGIM82,6880 00For
Russell Investments38,8000 00For
Venerable Variable Insurance Trust20,7000 00For
Adviser Managed Trust7000 00For
Brighthouse1000 00For

Largest Shiseido 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 Shiseido Co., Ltd. shareholders by shares voted on “Elect Director Andrew House”, 2025-2026
#Asset manager Shares voted
1Vanguard 11,339,964
2Fidelity 2,291,985
3Charles Schwab 1,320,501
4JPMorgan 495,300
5TIAA 319,018
6AQR 258,600
7Franklin Templeton 190,176
8Northern Trust 129,702
9AIG/SunAmerica 88,100
10Investment Managers Series Trust III 87,500
Institutional-manager reports: top Shiseido Co., Ltd. shareholders by shares voted on “Elect Director Andrew House”, 2025-2026
#Asset manager Shares voted
1RWC Asset Management LLP 393,400

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

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

Cite this page

proxyvotesnow.com, “Shiseido Co., Ltd. 2026 Shareholder Meeting: Shareholder Vote Results”, https://proxyvotesnow.com/company/shiseido-co-ltd/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.