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TOYOTA MOTOR CORP. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

43Reported items
130Asset managers
5,218Fund votes
2025-06-12Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore TOYOTA MOTOR CORP. in the interactive database Compare manager voting policies

How asset managers voted at the TOYOTA MOTOR CORP. 2024-2025 meeting

Each item below shows how the 130 asset managers that disclosed a TOYOTA MOTOR CORP. 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 TOYOTA MOTOR CORP.’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 Toyoda, Akio

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 93 asset managers below cast 98% of the shares they voted on this item FOR (639,193,170 for, 10,107,471 against).

FOR: 639,193,170 (98.4%)AGAINST: 10,107,471 (1.6%)

Largest asset managers voting on “Elect Director Toyoda, Akio” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	323,673,601	0	For
Fidelity	97,880,043	0	For
TIAA	49,978,419	0	For
Charles Schwab	40,865,895	0	For
T. Rowe Price	26,973,990	0	For
State Street	17,410,125	0	For
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	0	7,317,200	Against
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	2,926,405	0	For
Prudential/PGIM	2,720,587	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
Empower	2,044,375	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	2,007,003	0	For
Thrivent	1,740,900	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	1,488,290	0	For

Showing the 25 largest of 93 asset managers. See all 93 in the interactive database.

2. Elect Director Nakajima, Hiroki

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

99% fund support · no official result

FOR 99%

The 93 asset managers below cast 99% of the shares they voted on this item FOR (639,754,876 for, 9,545,765 against).

FOR: 639,754,876 (98.5%)AGAINST: 9,545,765 (1.5%)

Largest asset managers voting on “Elect Director Nakajima, Hiroki” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	323,673,601	0	For
Fidelity	97,880,043	0	For
TIAA	49,978,419	0	For
Charles Schwab	40,865,895	0	For
T. Rowe Price	26,973,990	0	For
State Street	17,410,125	0	For
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	0	7,317,200	Against
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	2,926,405	0	For
Prudential/PGIM	2,720,587	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
Empower	2,044,375	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	2,007,003	0	For
Thrivent	1,740,900	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	1,488,290	0	For

Showing the 25 largest of 93 asset managers. See all 93 in the interactive database.

3. Elect Director Sato, Koji

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 93 asset managers below cast 98% of the shares they voted on this item FOR (638,126,246 for, 11,174,395 against).

FOR: 638,126,246 (98.3%)AGAINST: 11,174,395 (1.7%)

Largest asset managers voting on “Elect Director Sato, Koji” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	323,673,601	0	For
Fidelity	97,880,043	0	For
TIAA	49,978,419	0	For
Charles Schwab	40,865,895	0	For
T. Rowe Price	26,973,990	0	For
State Street	17,410,125	0	For
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	0	7,317,200	Against
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	1,519,517	1,406,888	For
Prudential/PGIM	2,720,587	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
Empower	2,044,375	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	2,007,003	0	For
Thrivent	1,740,900	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	1,488,290	0	For

Showing the 25 largest of 93 asset managers. See all 93 in the interactive database.

4. Elect Director Okamoto, Shigeaki

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

99% fund support · no official result

FOR 99%

The 93 asset managers below cast 99% of the shares they voted on this item FOR (639,754,876 for, 9,545,765 against).

FOR: 639,754,876 (98.5%)AGAINST: 9,545,765 (1.5%)

Largest asset managers voting on “Elect Director Okamoto, Shigeaki” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	323,673,601	0	For
Fidelity	97,880,043	0	For
TIAA	49,978,419	0	For
Charles Schwab	40,865,895	0	For
T. Rowe Price	26,973,990	0	For
State Street	17,410,125	0	For
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	0	7,317,200	Against
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	2,926,405	0	For
Prudential/PGIM	2,720,587	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
Empower	2,044,375	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	2,007,003	0	For
Thrivent	1,740,900	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	1,488,290	0	For

Showing the 25 largest of 93 asset managers. See all 93 in the interactive database.

5. Elect Director Miyazaki, Yoichi

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 93 asset managers below cast 98% of the shares they voted on this item FOR (638,179,896 for, 11,120,745 against).

FOR: 638,179,896 (98.3%)AGAINST: 11,120,745 (1.7%)

Largest asset managers voting on “Elect Director Miyazaki, Yoichi” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	323,673,601	0	For
Fidelity	97,187,743	692,300	For
TIAA	49,978,419	0	For
Charles Schwab	40,865,895	0	For
T. Rowe Price	26,973,990	0	For
State Street	17,410,125	0	For
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	0	7,317,200	Against
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	2,908,925	17,480	For
Prudential/PGIM	2,720,587	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
Empower	2,044,375	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	2,007,003	0	For
Thrivent	1,740,900	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	1,488,290	0	For

Showing the 25 largest of 93 asset managers. See all 93 in the interactive database.

6. Elect Director Fujisawa, Kumi

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 81 asset managers below cast 98% of the shares they voted on this item FOR (591,511,681 for, 9,510,865 against).

FOR: 591,511,681 (98.4%)AGAINST: 9,510,865 (1.6%)

Largest asset managers voting on “Elect Director Fujisawa, Kumi” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	323,673,601	0	For
Fidelity	97,880,043	0	For
TIAA	49,978,419	0	For
T. Rowe Price	26,973,990	0	For
State Street	17,410,125	0	For
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	0	7,317,200	Against
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	2,908,925	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	2,007,003	0	For
Thrivent	1,740,900	0	For
Empower	1,672,075	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	1,488,290	0	For
JANUS ASPEN SERIES	1,304,000	0	For
Nationwide	1,216,070	0	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

7. Approve Restricted Stock Plan

COMPENSATION

99.5% fund support · no official result

FOR 99.5%

The 71 asset managers below cast 99.5% of the shares they voted on this item FOR (598,004,411 for, 2,981,500 against).

FOR: 598,004,411 (99.5%)AGAINST: 2,981,500 (0.5%)

Largest asset managers voting on “Approve Restricted Stock Plan” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	320,861,901	2,811,700	For
Fidelity	97,880,043	0	For
TIAA	49,978,419	0	For
T. Rowe Price	26,973,990	0	For
State Street	17,410,125	0	For
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	7,317,200	0	For
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	2,908,925	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	2,007,003	0	For
Thrivent	1,740,900	0	For
Empower	1,672,075	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	1,488,290	0	For
JANUS ASPEN SERIES	1,304,000	0	For
Nationwide	1,216,070	0	For

Showing the 25 largest of 71 asset managers. See all 71 in the interactive database.

8. Amend Articles to Adopt Board Structure with Audit Committee - Amend Provisions on Number of Directors - Authorize Directors to Execute Day to Day Operations without Full Board Approval

CORPORATE GOVERNANCE

99.5% fund support · no official result

FOR 99.5%

The 70 asset managers below cast 99.5% of the shares they voted on this item FOR (598,121,111 for, 2,864,700 against).

FOR: 598,121,111 (99.5%)AGAINST: 2,864,700 (0.5%)

Largest asset managers voting on “Amend Articles to Adopt Board Structure with Audit Committee - Amend Provisions on Number of Directors - Autho” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	320,861,901	2,811,700	For
Fidelity	97,880,043	0	For
TIAA	49,978,419	0	For
T. Rowe Price	26,973,990	0	For
State Street	17,410,125	0	For
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	7,317,200	0	For
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	2,908,925	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	2,007,003	0	For
Thrivent	1,740,900	0	For
Empower	1,672,075	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	1,488,290	0	For
JANUS ASPEN SERIES	1,304,000	0	For
Nationwide	1,216,070	0	For

Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.

9. Approve Compensation Ceiling for Directors Who Are Audit Committee Members

COMPENSATION

99.5% fund support · no official result

FOR 99.5%

The 70 asset managers below cast 99.5% of the shares they voted on this item FOR (598,121,112 for, 2,864,700 against).

FOR: 598,121,112 (99.5%)AGAINST: 2,864,700 (0.5%)

Largest asset managers voting on “Approve Compensation Ceiling for Directors Who Are Audit Committee Members” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	320,861,901	2,811,700	For
Fidelity	97,880,043	0	For
TIAA	49,978,419	0	For
T. Rowe Price	26,973,990	0	For
State Street	17,410,125	0	For
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	7,317,200	0	For
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	2,908,925	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	2,007,003	0	For
Thrivent	1,740,900	0	For
Empower	1,672,075	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	1,488,290	0	For
JANUS ASPEN SERIES	1,304,000	0	For
Nationwide	1,216,070	0	For

Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.

10. Approve Compensation Ceiling for Directors Who Are Not Audit Committee Members

COMPENSATION

99.5% fund support · no official result

FOR 99.5%

The 70 asset managers below cast 99.5% of the shares they voted on this item FOR (598,121,112 for, 2,864,700 against).

FOR: 598,121,112 (99.5%)AGAINST: 2,864,700 (0.5%)

Largest asset managers voting on “Approve Compensation Ceiling for Directors Who Are Not Audit Committee Members” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	320,861,901	2,811,700	For
Fidelity	97,880,043	0	For
TIAA	49,978,419	0	For
T. Rowe Price	26,973,990	0	For
State Street	17,410,125	0	For
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	7,317,200	0	For
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	2,908,925	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	2,007,003	0	For
Thrivent	1,740,900	0	For
Empower	1,672,075	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	1,488,290	0	For
JANUS ASPEN SERIES	1,304,000	0	For
Nationwide	1,216,070	0	For

Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.

11. Elect Director and Audit Committee Member Christopher P. Reynolds

DIRECTOR ELECTIONS

95% fund support · no official result

FOR 95%

The 70 asset managers below cast 95% of the shares they voted on this item FOR (570,963,099 for, 30,022,712 against).

FOR: 570,963,099 (95.0%)AGAINST: 30,022,712 (5.0%)

Largest asset managers voting on “Elect Director and Audit Committee Member Christopher P. Reynolds” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	323,673,601	0	For
Fidelity	97,880,043	0	For
TIAA	49,978,419	0	For
T. Rowe Price	26,973,990	0	For
State Street	8	17,410,117	Against
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	0	7,317,200	Against
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	2,908,925	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	712,003	1,295,000	Against
Thrivent	1,740,900	0	For
Empower	1,672,075	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	0	1,488,290	Against
JANUS ASPEN SERIES	1,304,000	0	For
Nationwide	1,216,070	0	For

Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.

12. Elect Director and Audit Committee Member George Olcott

DIRECTOR ELECTIONS

69% fund support · no official result

FOR 69%AGAINST 31%

The 70 asset managers below cast 69% of the shares they voted on this item FOR (413,094,220 for, 187,891,591 against).

FOR: 413,094,220 (68.7%)AGAINST: 187,891,591 (31.3%)

Largest asset managers voting on “Elect Director and Audit Committee Member George Olcott” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	323,673,601	0	For
Fidelity	1,424,100	96,455,943	Against
TIAA	49,978,419	0	For
T. Rowe Price	26,973,990	0	For
State Street	5	17,410,120	Against
WisdomTree	0	11,110,635	Against
JANUS INVESTMENT FUND	0	8,442,700	Against
Principal	0	7,317,200	Against
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	282,596	5,989,500	Against
DWS	0	5,456,505	Against
Northern Trust	0	2,978,120	Against
Equitable	1,502,037	1,406,888	For
Dimensional	0	2,442,338	Against
Victory Capital	0	2,375,300	Against
MATTHEWS INTERNATIONAL FUNDS	0	2,321,400	Against
AIG/SunAmerica	0	2,024,200	Against
Lincoln Financial	56,198	1,950,805	Against
Thrivent	0	1,740,900	Against
Empower	0	1,672,075	Against
OLD WESTBURY FUNDS INC	0	1,622,615	Against
Columbia Threadneedle	0	1,545,000	Against
Voya	0	1,488,290	Against
JANUS ASPEN SERIES	0	1,304,000	Against
Nationwide	1,123,670	92,400	For

Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.

13. Elect Director and Audit Committee Member Osada, Hiromi

DIRECTOR ELECTIONS

98% fund support · no official result

FOR 98%

The 70 asset managers below cast 98% of the shares they voted on this item FOR (591,474,946 for, 9,510,865 against).

FOR: 591,474,946 (98.4%)AGAINST: 9,510,865 (1.6%)

Largest asset managers voting on “Elect Director and Audit Committee Member Osada, Hiromi” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	323,673,601	0	For
Fidelity	97,880,043	0	For
TIAA	49,978,419	0	For
T. Rowe Price	26,973,990	0	For
State Street	17,410,125	0	For
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	0	7,317,200	Against
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	2,908,925	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	2,007,003	0	For
Thrivent	1,740,900	0	For
Empower	1,672,075	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	1,488,290	0	For
JANUS ASPEN SERIES	1,304,000	0	For
Nationwide	1,216,070	0	For

Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.

14. Elect Director and Audit Committee Member Oshima, Masahiko

DIRECTOR ELECTIONS

98% fund support · no official result

FOR 98%

The 70 asset managers below cast 98% of the shares they voted on this item FOR (591,358,146 for, 9,627,665 against).

FOR: 591,358,146 (98.4%)AGAINST: 9,627,665 (1.6%)

Largest asset managers voting on “Elect Director and Audit Committee Member Oshima, Masahiko” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	323,673,601	0	For
Fidelity	97,880,043	0	For
TIAA	49,978,419	0	For
T. Rowe Price	26,973,990	0	For
State Street	17,410,125	0	For
WisdomTree	11,110,635	0	For
JANUS INVESTMENT FUND	8,442,700	0	For
Principal	0	7,317,200	Against
FRANKLIN MUTUAL SERIES FUNDS	6,437,707	0	For
Franklin Templeton	6,272,096	0	For
DWS	5,456,505	0	For
Northern Trust	2,978,120	0	For
Equitable	2,908,925	0	For
Dimensional	2,442,338	0	For
Victory Capital	2,375,300	0	For
MATTHEWS INTERNATIONAL FUNDS	2,321,400	0	For
AIG/SunAmerica	2,024,200	0	For
Lincoln Financial	2,007,003	0	For
Thrivent	1,740,900	0	For
Empower	1,672,075	0	For
OLD WESTBURY FUNDS INC	1,622,615	0	For
Columbia Threadneedle	1,545,000	0	For
Voya	1,488,290	0	For
JANUS ASPEN SERIES	1,304,000	0	For
Nationwide	1,216,070	0	For

Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.

15. Elect Christopher P. Reynolds

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 26 asset managers below cast 98% of the shares they voted on this item FOR (47,383,281 for, 931,549 against).

FOR: 47,383,281 (98.1%)AGAINST: 931,549 (1.9%)

Largest asset managers voting on “Elect Christopher P. Reynolds” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	40,865,895	0	For
Prudential/PGIM	2,720,587	0	For
Hartford	1,296,785	0	For
Federated Hermes	0	865,200	Against
Russell Investments	619,800	0	For
Global X	560,934	0	For
Empower	372,300	0	For
SEI	352,600	0	For
Mercer Funds	258,000	0	For
Morningstar Funds Trust	250,200	0	For
Brighthouse	38,300	0	For
DOMINI INVESTMENT TRUST	0	34,900	Against
Equitable	0	17,480	Against
apricus wealth, LLC	0	13,969	Against
Adviser Managed Trust	12,800	0	For
Gabelli	12,355	0	For
ETFis Series Trust I	12,314	0	For
RBB FUND, INC.	2,636	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,352	0	For
Ultimus Managers Trust	2,315	0	For
Decatur Capital Management, Inc.	772	0	For
CITY NATIONAL ROCHDALE FUNDS	665	0	For
EA Series Trust	646	0	For
Pacer Funds Trust	559	0	For
BRANDYWINE OAK PRIVATE WEALTH LLC	466	0	For

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

16. Elect George Olcott

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

97% fund support · no official result

FOR 97%

The 26 asset managers below cast 97% of the shares they voted on this item FOR (46,990,030 for, 1,324,800 against).

FOR: 46,990,030 (97.3%)AGAINST: 1,324,800 (2.7%)

Largest asset managers voting on “Elect George Olcott” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	40,865,895	0	For
Prudential/PGIM	2,720,587	0	For
Hartford	45,185	1,251,600	Against
Federated Hermes	865,200	0	For
Russell Investments	619,800	0	For
Global X	560,934	0	For
Empower	372,300	0	For
SEI	352,600	0	For
Mercer Funds	258,000	0	For
Morningstar Funds Trust	250,200	0	For
Brighthouse	0	38,300	Against
DOMINI INVESTMENT TRUST	0	34,900	Against
Equitable	17,480	0	For
apricus wealth, LLC	13,969	0	For
Adviser Managed Trust	12,800	0	For
Gabelli	12,355	0	For
ETFis Series Trust I	12,314	0	For
RBB FUND, INC.	2,636	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,352	0	For
Ultimus Managers Trust	2,315	0	For
Decatur Capital Management, Inc.	772	0	For
CITY NATIONAL ROCHDALE FUNDS	665	0	For
EA Series Trust	646	0	For
Pacer Funds Trust	559	0	For
BRANDYWINE OAK PRIVATE WEALTH LLC	466	0	For

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

17. Elect Hiromi Osada

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 26 asset managers below cast 99.9% of the shares they voted on this item FOR (48,279,930 for, 34,900 against).

FOR: 48,279,930 (99.9%)AGAINST: 34,900 (0.1%)

Largest asset managers voting on “Elect Hiromi Osada” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	40,865,895	0	For
Prudential/PGIM	2,720,587	0	For
Hartford	1,296,785	0	For
Federated Hermes	865,200	0	For
Russell Investments	619,800	0	For
Global X	560,934	0	For
Empower	372,300	0	For
SEI	352,600	0	For
Mercer Funds	258,000	0	For
Morningstar Funds Trust	250,200	0	For
Brighthouse	38,300	0	For
DOMINI INVESTMENT TRUST	0	34,900	Against
Equitable	17,480	0	For
apricus wealth, LLC	13,969	0	For
Adviser Managed Trust	12,800	0	For
Gabelli	12,355	0	For
ETFis Series Trust I	12,314	0	For
RBB FUND, INC.	2,636	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,352	0	For
Ultimus Managers Trust	2,315	0	For
Decatur Capital Management, Inc.	772	0	For
CITY NATIONAL ROCHDALE FUNDS	665	0	For
EA Series Trust	646	0	For
Pacer Funds Trust	559	0	For
BRANDYWINE OAK PRIVATE WEALTH LLC	466	0	For

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

18. Elect Masahiko Oshima

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 26 asset managers below cast 99.9% of the shares they voted on this item FOR (48,279,930 for, 34,900 against).

FOR: 48,279,930 (99.9%)AGAINST: 34,900 (0.1%)

Largest asset managers voting on “Elect Masahiko Oshima” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	40,865,895	0	For
Prudential/PGIM	2,720,587	0	For
Hartford	1,296,785	0	For
Federated Hermes	865,200	0	For
Russell Investments	619,800	0	For
Global X	560,934	0	For
Empower	372,300	0	For
SEI	352,600	0	For
Mercer Funds	258,000	0	For
Morningstar Funds Trust	250,200	0	For
Brighthouse	38,300	0	For
DOMINI INVESTMENT TRUST	0	34,900	Against
Equitable	17,480	0	For
apricus wealth, LLC	13,969	0	For
Adviser Managed Trust	12,800	0	For
Gabelli	12,355	0	For
ETFis Series Trust I	12,314	0	For
RBB FUND, INC.	2,636	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,352	0	For
Ultimus Managers Trust	2,315	0	For
Decatur Capital Management, Inc.	772	0	For
CITY NATIONAL ROCHDALE FUNDS	665	0	For
EA Series Trust	646	0	For
Pacer Funds Trust	559	0	For
BRANDYWINE OAK PRIVATE WEALTH LLC	466	0	For

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

19. Approval of the Restricted Stock Plan

COMPENSATION

99.9% fund support · no official result

FOR 99.9%

The 19 asset managers below cast 99.9% of the shares they voted on this item FOR (48,280,793 for, 16,940 against).

FOR: 48,280,793 (100.0%)AGAINST: 16,940 (0.0%)

Largest asset managers voting on “Approval of the Restricted Stock Plan” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	40,865,895	0	For
Prudential/PGIM	2,720,587	0	For
Hartford	1,296,785	0	For
Federated Hermes	865,200	0	For
Russell Investments	619,800	0	For
Global X	560,934	0	For
Empower	372,300	0	For
SEI	352,600	0	For
Mercer Funds	258,000	0	For
Morningstar Funds Trust	250,200	0	For
Brighthouse	38,300	0	For
DOMINI INVESTMENT TRUST	34,900	0	For
Equitable	17,480	0	For
Union Investment Institutional GmbH	0	16,940	Against
Adviser Managed Trust	12,800	0	For
ETFis Series Trust I	12,314	0	For
LOUISBOURG INVESTMENTS INC.	2,140	0	For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	488	0	For
FAYEZ SAROFIM & CO	70	0	For

20. DETERMINATION OF AMOUNT OF COMPENSATION FOR MEMBERS OF THE BOARD OF DIRECTORS (EXCLUDING AUDIT AND SUPERVISORY COMMITTEE MEMBERS)

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.6%

The 19 asset managers below cast 99.6% of the shares they voted on this item FOR (44,334 for, 135 against).

FOR: 44,334 (99.7%)AGAINST: 135 (0.3%)

Largest asset managers voting on “DETERMINATION OF AMOUNT OF COMPENSATION FOR MEMBERS OF THE BOARD OF DIRECTORS (EXCLUDING AUDIT AND SUPERVISORY” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
apricus wealth, LLC	13,969	0	For
Gabelli	12,355	0	For
MITCHELL & PAHL PRIVATE WEALTH, LLC	5,628	0	For
RBB FUND, INC.	2,636	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,352	0	For
Ultimus Managers Trust	2,315	0	For
Penobscot Investment Management Company, Inc.	1,102	0	For
Decatur Capital Management, Inc.	772	0	For
CITY NATIONAL ROCHDALE FUNDS	665	0	For
EA Series Trust	646	0	For
Pacer Funds Trust	559	0	For
BRANDYWINE OAK PRIVATE WEALTH LLC	466	0	For
Paulson Wealth Management Inc.	366	0	For
Prairiewood Capital, LLC	264	0	For
Rodgers Brothers Inc.	0	135	Against
Summit Trail Advisors, LLC	100	0	For
EXENCIAL WEALTH ADVISORS, LLC	94	0	For
Iron Gate Global Advisors LLC	45	0	For
Family Firm, Inc.	0	0	--

21. DETERMINATION OF AMOUNT OF COMPENSATION FOR MEMBERS OF THE BOARD OF DIRECTORS SERVING AS THE AUDIT AND SUPERVISORY COMMITTEE MEMBERS

AUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.7%

The 19 asset managers below cast 99.7% of the shares they voted on this item FOR (47,660 for, 135 against).

FOR: 47,660 (99.7%)AGAINST: 135 (0.3%)

Largest asset managers voting on “DETERMINATION OF AMOUNT OF COMPENSATION FOR MEMBERS OF THE BOARD OF DIRECTORS SERVING AS THE AUDIT AND SUPERVI” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
apricus wealth, LLC	13,969	0	For
Gabelli	12,355	0	For
MITCHELL & PAHL PRIVATE WEALTH, LLC	5,628	0	For
Etesian Wealth Advisors, Inc.	3,371	0	For
RBB FUND, INC.	2,636	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,352	0	For
Ultimus Managers Trust	2,315	0	For
Penobscot Investment Management Company, Inc.	1,102	0	For
Decatur Capital Management, Inc.	772	0	For
CITY NATIONAL ROCHDALE FUNDS	665	0	For
EA Series Trust	646	0	For
Pacer Funds Trust	559	0	For
BRANDYWINE OAK PRIVATE WEALTH LLC	466	0	For
Paulson Wealth Management Inc.	366	0	For
Prairiewood Capital, LLC	264	0	For
Rodgers Brothers Inc.	0	135	Against
Summit Trail Advisors, LLC	100	0	For
EXENCIAL WEALTH ADVISORS, LLC	94	0	For
Family Firm, Inc.	0	0	--

22. Audit Committee Directors' Fees

COMPENSATION

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 18 asset managers below cast 99.9% of the shares they voted on this item FOR (48,260,693 for, 34,900 against).

FOR: 48,260,693 (99.9%)AGAINST: 34,900 (0.1%)

Largest asset managers voting on “Audit Committee Directors' Fees” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	40,865,895	0	For
Prudential/PGIM	2,720,587	0	For
Hartford	1,296,785	0	For
Federated Hermes	865,200	0	For
Russell Investments	619,800	0	For
Global X	560,934	0	For
Empower	372,300	0	For
SEI	352,600	0	For
Mercer Funds	258,000	0	For
Morningstar Funds Trust	250,200	0	For
Brighthouse	38,300	0	For
DOMINI INVESTMENT TRUST	0	34,900	Against
Equitable	17,480	0	For
Union Investment Institutional GmbH	16,940	0	For
Adviser Managed Trust	12,800	0	For
ETFis Series Trust I	12,314	0	For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	488	0	For
FAYEZ SAROFIM & CO	70	0	For

23. Approve Details of the Compensation to be received by Directors (Excluding Directors who are Audit and Supervisory Committee Members)

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (246,734,895 for, 0 against).

FOR: 246,734,895 (100.0%)

Largest asset managers voting on “Approve Details of the Compensation to be received by Directors (Excluding Directors who are Audit and Supervi” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Vote
BlackRock	195,214,490	For
JPMorgan	41,131,000	For
John Hancock	3,396,621	For
Six Circles Trust	3,212,600	For
MASTER INVESTMENT PORTFOLIO	912,730	For
Allianz	848,450	For
Bridge Builder Trust	741,270	For
Jackson National	615,005	For
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO	219,170	For
Calamos	187,300	For
CULLEN FUNDS TRUST	78,837	For
Advisors' Inner Circle Fund III	66,500	For
Forethought Variable Insurance Trust	47,100	For
GPS Funds I	30,174	For
Lincoln Financial	26,300	For
RBB FUND, INC.	7,100	For
Pacer Funds Trust	248	For

24. Approve Details of the Compensation to be received by Directors who are Audit and Supervisory Committee Members

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (246,734,895 for, 0 against).

FOR: 246,734,895 (100.0%)

Largest asset managers voting on “Approve Details of the Compensation to be received by Directors who are Audit and Supervisory Committee Member” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Vote
BlackRock	195,214,490	For
JPMorgan	41,131,000	For
John Hancock	3,396,621	For
Six Circles Trust	3,212,600	For
MASTER INVESTMENT PORTFOLIO	912,730	For
Allianz	848,450	For
Bridge Builder Trust	741,270	For
Jackson National	615,005	For
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO	219,170	For
Calamos	187,300	For
CULLEN FUNDS TRUST	78,837	For
Advisors' Inner Circle Fund III	66,500	For
Forethought Variable Insurance Trust	47,100	For
GPS Funds I	30,174	For
Lincoln Financial	26,300	For
RBB FUND, INC.	7,100	For
Pacer Funds Trust	248	For

25. Approve Details of the Restricted- Stock Compensation to be received by Directors (Excluding Outside Directors and Directors who are Audit and Supervisory Committee Members)

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (246,734,895 for, 0 against).

FOR: 246,734,895 (100.0%)

Largest asset managers voting on “Approve Details of the Restricted- Stock Compensation to be received by Directors (Excluding Outside Directors” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Vote
BlackRock	195,214,490	For
JPMorgan	41,131,000	For
John Hancock	3,396,621	For
Six Circles Trust	3,212,600	For
MASTER INVESTMENT PORTFOLIO	912,730	For
Allianz	848,450	For
Bridge Builder Trust	741,270	For
Jackson National	615,005	For
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO	219,170	For
Calamos	187,300	For
CULLEN FUNDS TRUST	78,837	For
Advisors' Inner Circle Fund III	66,500	For
Forethought Variable Insurance Trust	47,100	For
GPS Funds I	30,174	For
Lincoln Financial	26,300	For
RBB FUND, INC.	7,100	For
Pacer Funds Trust	248	For

26. Non-Audit Committee Directors' Fees

COMPENSATION

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 17 asset managers below cast 99.9% of the shares they voted on this item FOR (47,908,093 for, 34,900 against).

FOR: 47,908,093 (99.9%)AGAINST: 34,900 (0.1%)

Largest asset managers voting on “Non-Audit Committee Directors' Fees” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	40,865,895	0	For
Prudential/PGIM	2,720,587	0	For
Hartford	1,296,785	0	For
Federated Hermes	865,200	0	For
Russell Investments	619,800	0	For
Global X	560,934	0	For
Empower	372,300	0	For
Mercer Funds	258,000	0	For
Morningstar Funds Trust	250,200	0	For
Brighthouse	38,300	0	For
DOMINI INVESTMENT TRUST	0	34,900	Against
Equitable	17,480	0	For
Union Investment Institutional GmbH	16,940	0	For
Adviser Managed Trust	12,800	0	For
ETFis Series Trust I	12,314	0	For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	488	0	For
FAYEZ SAROFIM & CO	70	0	For

27. Amend Articles to: Transition to a Company with Supervisory Committee, Approve Minor Revisions

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (246,515,725 for, 0 against).

FOR: 246,515,725 (100.0%)

Largest asset managers voting on “Amend Articles to: Transition to a Company with Supervisory Committee, Approve Minor Revisions” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Vote
BlackRock	195,214,490	For
JPMorgan	41,131,000	For
John Hancock	3,396,621	For
Six Circles Trust	3,212,600	For
MASTER INVESTMENT PORTFOLIO	912,730	For
Allianz	848,450	For
Bridge Builder Trust	741,270	For
Jackson National	615,005	For
Calamos	187,300	For
CULLEN FUNDS TRUST	78,837	For
Advisors' Inner Circle Fund III	66,500	For
Forethought Variable Insurance Trust	47,100	For
GPS Funds I	30,174	For
Lincoln Financial	26,300	For
RBB FUND, INC.	7,100	For
Pacer Funds Trust	248	For

28. Appoint a Director who is Audit and Supervisory Committee Member Christopher P. Reynolds

AUDIT-RELATED

99.8% fund support · no official result

FOR 99.8%

The 16 asset managers below cast 99.8% of the shares they voted on this item FOR (246,186,025 for, 329,700 against).

FOR: 246,186,025 (99.9%)AGAINST: 329,700 (0.1%)

Largest asset managers voting on “Appoint a Director who is Audit and Supervisory Committee Member Christopher P. Reynolds” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
BlackRock	195,214,490	0	For
JPMorgan	41,131,000	0	For
John Hancock	3,066,921	329,700	For
Six Circles Trust	3,212,600	0	For
MASTER INVESTMENT PORTFOLIO	912,730	0	For
Allianz	848,450	0	For
Bridge Builder Trust	741,270	0	For
Jackson National	615,005	0	For
Calamos	187,300	0	For
CULLEN FUNDS TRUST	78,837	0	For
Advisors' Inner Circle Fund III	66,500	0	For
Forethought Variable Insurance Trust	47,100	0	For
GPS Funds I	30,174	0	For
Lincoln Financial	26,300	0	For
RBB FUND, INC.	7,100	0	For
Pacer Funds Trust	248	0	For

29. Appoint a Director who is Audit and Supervisory Committee Member George Olcott

AUDIT-RELATED

98% fund support · no official result

FOR 98%

The 16 asset managers below cast 98% of the shares they voted on this item FOR (242,205,911 for, 4,309,814 against).

FOR: 242,205,911 (98.3%)AGAINST: 4,309,814 (1.7%)

Largest asset managers voting on “Appoint a Director who is Audit and Supervisory Committee Member George Olcott” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
BlackRock	195,214,490	0	For
JPMorgan	41,131,000	0	For
John Hancock	31,877	3,364,744	Against
Six Circles Trust	3,212,600	0	For
MASTER INVESTMENT PORTFOLIO	912,730	0	For
Allianz	705,130	143,320	For
Bridge Builder Trust	541,070	200,200	For
Jackson National	13,455	601,550	Against
Calamos	187,300	0	For
CULLEN FUNDS TRUST	78,837	0	For
Advisors' Inner Circle Fund III	66,500	0	For
Forethought Variable Insurance Trust	47,100	0	For
GPS Funds I	30,174	0	For
Lincoln Financial	26,300	0	For
RBB FUND, INC.	7,100	0	For
Pacer Funds Trust	248	0	For

30. Appoint a Director who is Audit and Supervisory Committee Member Osada, Hiromi

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (246,515,725 for, 0 against).

FOR: 246,515,725 (100.0%)

Largest asset managers voting on “Appoint a Director who is Audit and Supervisory Committee Member Osada, Hiromi” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Vote
BlackRock	195,214,490	For
JPMorgan	41,131,000	For
John Hancock	3,396,621	For
Six Circles Trust	3,212,600	For
MASTER INVESTMENT PORTFOLIO	912,730	For
Allianz	848,450	For
Bridge Builder Trust	741,270	For
Jackson National	615,005	For
Calamos	187,300	For
CULLEN FUNDS TRUST	78,837	For
Advisors' Inner Circle Fund III	66,500	For
Forethought Variable Insurance Trust	47,100	For
GPS Funds I	30,174	For
Lincoln Financial	26,300	For
RBB FUND, INC.	7,100	For
Pacer Funds Trust	248	For

31. Appoint a Director who is Audit and Supervisory Committee Member Oshima, Masahiko

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (246,515,725 for, 0 against).

FOR: 246,515,725 (100.0%)

Largest asset managers voting on “Appoint a Director who is Audit and Supervisory Committee Member Oshima, Masahiko” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Vote
BlackRock	195,214,490	For
JPMorgan	41,131,000	For
John Hancock	3,396,621	For
Six Circles Trust	3,212,600	For
MASTER INVESTMENT PORTFOLIO	912,730	For
Allianz	848,450	For
Bridge Builder Trust	741,270	For
Jackson National	615,005	For
Calamos	187,300	For
CULLEN FUNDS TRUST	78,837	For
Advisors' Inner Circle Fund III	66,500	For
Forethought Variable Insurance Trust	47,100	For
GPS Funds I	30,174	For
Lincoln Financial	26,300	For
RBB FUND, INC.	7,100	For
Pacer Funds Trust	248	For

32. Appoint a Director who is not Audit and Supervisory Committee Member Fujisawa, Kumi

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (246,515,725 for, 0 against).

FOR: 246,515,725 (100.0%)

Largest asset managers voting on “Appoint a Director who is not Audit and Supervisory Committee Member Fujisawa, Kumi” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Vote
BlackRock	195,214,490	For
JPMorgan	41,131,000	For
John Hancock	3,396,621	For
Six Circles Trust	3,212,600	For
MASTER INVESTMENT PORTFOLIO	912,730	For
Allianz	848,450	For
Bridge Builder Trust	741,270	For
Jackson National	615,005	For
Calamos	187,300	For
CULLEN FUNDS TRUST	78,837	For
Advisors' Inner Circle Fund III	66,500	For
Forethought Variable Insurance Trust	47,100	For
GPS Funds I	30,174	For
Lincoln Financial	26,300	For
RBB FUND, INC.	7,100	For
Pacer Funds Trust	248	For

33. Appoint a Director who is not Audit and Supervisory Committee Member Miyazaki, Yoichi

AUDIT-RELATED

83% fund support · no official result

FOR 83%AGAINST 17%

The 16 asset managers below cast 83% of the shares they voted on this item FOR (205,376,830 for, 41,138,895 against).

FOR: 205,376,830 (83.3%)AGAINST: 41,138,895 (16.7%)

Largest asset managers voting on “Appoint a Director who is not Audit and Supervisory Committee Member Miyazaki, Yoichi” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
BlackRock	195,214,490	0	For
JPMorgan	0	41,131,000	Against
John Hancock	3,396,621	0	For
Six Circles Trust	3,212,600	0	For
MASTER INVESTMENT PORTFOLIO	912,730	0	For
Allianz	848,450	0	For
Bridge Builder Trust	741,270	0	For
Jackson National	607,110	7,895	For
Calamos	187,300	0	For
CULLEN FUNDS TRUST	78,837	0	For
Advisors' Inner Circle Fund III	66,500	0	For
Forethought Variable Insurance Trust	47,100	0	For
GPS Funds I	30,174	0	For
Lincoln Financial	26,300	0	For
RBB FUND, INC.	7,100	0	For
Pacer Funds Trust	248	0	For

34. Appoint a Director who is not Audit and Supervisory Committee Member Nakajima, Hiroki

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (246,515,725 for, 0 against).

FOR: 246,515,725 (100.0%)

Largest asset managers voting on “Appoint a Director who is not Audit and Supervisory Committee Member Nakajima, Hiroki” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Vote
BlackRock	195,214,490	For
JPMorgan	41,131,000	For
John Hancock	3,396,621	For
Six Circles Trust	3,212,600	For
MASTER INVESTMENT PORTFOLIO	912,730	For
Allianz	848,450	For
Bridge Builder Trust	741,270	For
Jackson National	615,005	For
Calamos	187,300	For
CULLEN FUNDS TRUST	78,837	For
Advisors' Inner Circle Fund III	66,500	For
Forethought Variable Insurance Trust	47,100	For
GPS Funds I	30,174	For
Lincoln Financial	26,300	For
RBB FUND, INC.	7,100	For
Pacer Funds Trust	248	For

35. Appoint a Director who is not Audit and Supervisory Committee Member Okamoto, Shigeaki

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (246,515,725 for, 0 against).

FOR: 246,515,725 (100.0%)

Largest asset managers voting on “Appoint a Director who is not Audit and Supervisory Committee Member Okamoto, Shigeaki” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Vote
BlackRock	195,214,490	For
JPMorgan	41,131,000	For
John Hancock	3,396,621	For
Six Circles Trust	3,212,600	For
MASTER INVESTMENT PORTFOLIO	912,730	For
Allianz	848,450	For
Bridge Builder Trust	741,270	For
Jackson National	615,005	For
Calamos	187,300	For
CULLEN FUNDS TRUST	78,837	For
Advisors' Inner Circle Fund III	66,500	For
Forethought Variable Insurance Trust	47,100	For
GPS Funds I	30,174	For
Lincoln Financial	26,300	For
RBB FUND, INC.	7,100	For
Pacer Funds Trust	248	For

36. Appoint a Director who is not Audit and Supervisory Committee Member Sato, Koji

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (246,515,725 for, 0 against).

FOR: 246,515,725 (100.0%)

Largest asset managers voting on “Appoint a Director who is not Audit and Supervisory Committee Member Sato, Koji” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Vote
BlackRock	195,214,490	For
JPMorgan	41,131,000	For
John Hancock	3,396,621	For
Six Circles Trust	3,212,600	For
MASTER INVESTMENT PORTFOLIO	912,730	For
Allianz	848,450	For
Bridge Builder Trust	741,270	For
Jackson National	615,005	For
Calamos	187,300	For
CULLEN FUNDS TRUST	78,837	For
Advisors' Inner Circle Fund III	66,500	For
Forethought Variable Insurance Trust	47,100	For
GPS Funds I	30,174	For
Lincoln Financial	26,300	For
RBB FUND, INC.	7,100	For
Pacer Funds Trust	248	For

37. Appoint a Director who is not Audit and Supervisory Committee Member Toyoda, Akio

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (246,515,725 for, 0 against).

FOR: 246,515,725 (100.0%)

Largest asset managers voting on “Appoint a Director who is not Audit and Supervisory Committee Member Toyoda, Akio” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Vote
BlackRock	195,214,490	For
JPMorgan	41,131,000	For
John Hancock	3,396,621	For
Six Circles Trust	3,212,600	For
MASTER INVESTMENT PORTFOLIO	912,730	For
Allianz	848,450	For
Bridge Builder Trust	741,270	For
Jackson National	615,005	For
Calamos	187,300	For
CULLEN FUNDS TRUST	78,837	For
Advisors' Inner Circle Fund III	66,500	For
Forethought Variable Insurance Trust	47,100	For
GPS Funds I	30,174	For
Lincoln Financial	26,300	For
RBB FUND, INC.	7,100	For
Pacer Funds Trust	248	For

38. DETERMINATION OF THE AMOUNT AND CONTENT OF RESTRICTED SHARE COMPENSATION FOR MEMBERS OF THE BOARD OF DIRECTORS (EXCLUDING OUTSIDE MEMBERS OF THE BOARD OF DIRECTORS AND AUDIT AND SUPERVISORY COMMITTEE MEMBERS)

OTHER

Combines 2 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.6%

The 16 asset managers below cast 99.6% of the shares they voted on this item FOR (42,821 for, 135 against).

FOR: 42,821 (99.7%)AGAINST: 135 (0.3%)

Largest asset managers voting on “DETERMINATION OF THE AMOUNT AND CONTENT OF RESTRICTED SHARE COMPENSATION FOR MEMBERS OF THE BOARD OF DIRECTORS” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
apricus wealth, LLC	13,969	0	For
Gabelli	12,355	0	For
MITCHELL & PAHL PRIVATE WEALTH, LLC	5,628	0	For
RBB FUND, INC.	2,636	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,352	0	For
Ultimus Managers Trust	2,315	0	For
Decatur Capital Management, Inc.	772	0	For
CITY NATIONAL ROCHDALE FUNDS	665	0	For
EA Series Trust	646	0	For
Pacer Funds Trust	559	0	For
BRANDYWINE OAK PRIVATE WEALTH LLC	466	0	For
Prairiewood Capital, LLC	264	0	For
Rodgers Brothers Inc.	0	135	Against
Summit Trail Advisors, LLC	100	0	For
EXENCIAL WEALTH ADVISORS, LLC	94	0	For
Family Firm, Inc.	0	0	--

39. Amendments to Articles

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 15 asset managers below cast 100% of the shares they voted on this item FOR (48,278,095 for, 0 against).

FOR: 48,278,095 (100.0%)

Largest asset managers voting on “Amendments to Articles” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Vote
Charles Schwab	40,865,895	For
Prudential/PGIM	2,720,587	For
Hartford	1,296,785	For
Federated Hermes	865,200	For
Russell Investments	619,800	For
Global X	560,934	For
Empower	372,300	For
SEI	352,600	For
Mercer Funds	258,000	For
Morningstar Funds Trust	250,200	For
Brighthouse	38,300	For
DOMINI INVESTMENT TRUST	34,900	For
Equitable	17,480	For
Adviser Managed Trust	12,800	For
ETFis Series Trust I	12,314	For

40. Elect Kumi Fujisawa @ Kumi Tsunoda

DIRECTOR ELECTIONS

99.9% fund support · no official result

FOR 99.9%

The 15 asset managers below cast 99.9% of the shares they voted on this item FOR (48,243,195 for, 34,900 against).

FOR: 48,243,195 (99.9%)AGAINST: 34,900 (0.1%)

Largest asset managers voting on “Elect Kumi Fujisawa @ Kumi Tsunoda” at TOYOTA MOTOR CORP., 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	40,865,895	0	For
Prudential/PGIM	2,720,587	0	For
Hartford	1,296,785	0	For
Federated Hermes	865,200	0	For
Russell Investments	619,800	0	For
Global X	560,934	0	For
Empower	372,300	0	For
SEI	352,600	0	For
Mercer Funds	258,000	0	For
Morningstar Funds Trust	250,200	0	For
Brighthouse	38,300	0	For
DOMINI INVESTMENT TRUST	0	34,900	Against
Equitable	17,480	0	For
Adviser Managed Trust	12,800	0	For
ETFis Series Trust I	12,314	0	For

Showing the 40 reported items with the widest manager coverage, of 43 in total. View every item.

Largest TOYOTA MOTOR CORP. shareholders voting in 2024-2025

Ranked by the number of TOYOTA MOTOR CORP. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 13,048,929,774 shares outstanding at the time of that meeting.

Top TOYOTA MOTOR CORP. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	2.48%
2	Fidelity	0.75%
3	TIAA	0.38%
4	Charles Schwab	0.31%
5	T. Rowe Price	0.21%
6	State Street	0.13%
7	WisdomTree	0.09%
8	JANUS INVESTMENT FUND	0.06%
9	Principal	0.06%
10	FRANKLIN MUTUAL SERIES FUNDS	0.05%

Reported TOYOTA MOTOR CORP. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

TOYOTA MOTOR CORP. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
TOYOTA MOTOR CORP/	0.98%	13D
Toyota Motor Corporation	0.05%	13G

Percentages above are of 13,048,929,774 shares outstanding, as reported by TOYOTA MOTOR CORP. on its Form 20-F dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from TOYOTA MOTOR CORP.’s 20-F dated 2025-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At TOYOTA MOTOR CORP.'s shareholder meeting held 2025-06-12, in the 2024-2025 proxy season, 130 asset managers reported how they voted in their SEC Form N-PX filings, covering 5,218 separate fund positions. Their filings are grouped here into 43 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 Toyoda, Akio — the reporting funds cast 98% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them 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.

TOYOTA MOTOR CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.