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Home › Companies › TOYOTA TSUSHO CORPORATION › 2024-2025

TOYOTA TSUSHO CORPORATION 2024-2025 Proxy Voting Records

At TOYOTA TSUSHO CORPORATION's shareholder meeting held June 20, 2025, in the 2024-2025 proxy season, 81 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,785 separate fund positions. Their filings are grouped here into 27 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 Matsuda, Chieko — the reporting funds cast 99.9% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

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

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

  • 27Reported items
  • 81Asset managers
  • 2,785Fund votes
  • June 20, 2025Meeting date

Results at a glance

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

How asset managers voted at the TOYOTA TSUSHO CORPORATION 2024-2025 meeting

Each item below shows how the 81 asset managers that disclosed a TOYOTA TSUSHO CORPORATION 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 TSUSHO CORPORATION’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 Matsuda, Chieko

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 38,521,404 for, 5,895 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: 38,521,404AGAINST: 5,895
Largest asset managers voting on “Elect Director Matsuda, Chieko” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,419,8100 00For
Fidelity4,895,1820 00For
Charles Schwab3,161,6910 00For
WisdomTree1,650,2300 00For
Dimensional1,509,9000 00For
TIAA1,088,0070 00For
GMO974,8650 00For
State Street906,8670 00For
MFS805,4000 00For
AQR629,1000 00For
American Century477,3000 00For
Lincoln Financial405,8000 00For
Franklin Templeton401,0810 00For
Prudential/PGIM349,1190 00For
Hartford323,4000 00For
OLD WESTBURY FUNDS INC307,3000 00For
Equitable231,0950 00For
T. Rowe Price219,4000 00For
Northern Trust182,6010 00For
SEI138,8090 00For
First Trust132,2000 00For
Nationwide130,4000 00For
SA FUNDS INVESTMENT TRUST124,8000 00For
Empower116,1000 00For
AIG/SunAmerica110,6000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

2. Elect Director Didier Leroy

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.4% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 38,300,057 for, 227,242 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: 38,300,057AGAINST: 227,242
Largest asset managers voting on “Elect Director Didier Leroy” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,419,8100 00For
Fidelity4,895,1820 00For
Charles Schwab3,161,6910 00For
WisdomTree1,650,2300 00For
Dimensional1,509,9000 00For
TIAA1,088,0070 00For
GMO974,8650 00For
State Street906,8670 00For
MFS805,4000 00For
AQR629,1000 00For
American Century477,3000 00For
Lincoln Financial405,8000 00For
Franklin Templeton401,0810 00For
Prudential/PGIM349,1190 00For
Hartford323,4000 00For
OLD WESTBURY FUNDS INC307,3000 00For
Equitable85,733145,362 00Mixed
T. Rowe Price219,4000 00For
Northern Trust182,6010 00For
SEI138,8090 00For
First Trust132,2000 00For
Nationwide73,70056,700 00Mixed
SA FUNDS INVESTMENT TRUST124,8000 00For
Empower116,1000 00For
AIG/SunAmerica110,6000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

3. Elect Director Yamaguchi, Goro

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

90% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 34,865,932 for, 3,661,367 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: 34,865,932AGAINST: 3,661,367
Largest asset managers voting on “Elect Director Yamaguchi, Goro” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,419,8100 00For
Fidelity4,895,1820 00For
Charles Schwab03,161,691 00Against
WisdomTree1,650,2300 00For
Dimensional1,509,9000 00For
TIAA1,088,0070 00For
GMO974,8650 00For
State Street906,8670 00For
MFS805,4000 00For
AQR629,1000 00For
American Century477,3000 00For
Lincoln Financial405,8000 00For
Franklin Templeton401,0810 00For
Prudential/PGIM81,100268,019 00Mixed
Hartford323,4000 00For
OLD WESTBURY FUNDS INC307,3000 00For
Equitable231,0950 00For
T. Rowe Price219,4000 00For
Northern Trust182,6010 00For
SEI0138,809 00Against
First Trust132,2000 00For
Nationwide56,70073,700 00Mixed
SA FUNDS INVESTMENT TRUST124,8000 00For
Empower116,1000 00For
AIG/SunAmerica110,6000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

4. Elect Director Iwamoto, Hideyuki

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 38,521,404 for, 5,895 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: 38,521,404AGAINST: 5,895
Largest asset managers voting on “Elect Director Iwamoto, Hideyuki” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,419,8100 00For
Fidelity4,895,1820 00For
Charles Schwab3,161,6910 00For
WisdomTree1,650,2300 00For
Dimensional1,509,9000 00For
TIAA1,088,0070 00For
GMO974,8650 00For
State Street906,8670 00For
MFS805,4000 00For
AQR629,1000 00For
American Century477,3000 00For
Lincoln Financial405,8000 00For
Franklin Templeton401,0810 00For
Prudential/PGIM349,1190 00For
Hartford323,4000 00For
OLD WESTBURY FUNDS INC307,3000 00For
Equitable231,0950 00For
T. Rowe Price219,4000 00For
Northern Trust182,6010 00For
SEI138,8090 00For
First Trust132,2000 00For
Nationwide130,4000 00For
SA FUNDS INVESTMENT TRUST124,8000 00For
Empower116,1000 00For
AIG/SunAmerica110,6000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

5. Elect Director Kashitani, Ichiro

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 38,521,404 for, 5,895 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: 38,521,404AGAINST: 5,895
Largest asset managers voting on “Elect Director Kashitani, Ichiro” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,419,8100 00For
Fidelity4,895,1820 00For
Charles Schwab3,161,6910 00For
WisdomTree1,650,2300 00For
Dimensional1,509,9000 00For
TIAA1,088,0070 00For
GMO974,8650 00For
State Street906,8670 00For
MFS805,4000 00For
AQR629,1000 00For
American Century477,3000 00For
Lincoln Financial405,8000 00For
Franklin Templeton401,0810 00For
Prudential/PGIM349,1190 00For
Hartford323,4000 00For
OLD WESTBURY FUNDS INC307,3000 00For
Equitable231,0950 00For
T. Rowe Price219,4000 00For
Northern Trust182,6010 00For
SEI138,8090 00For
First Trust132,2000 00For
Nationwide130,4000 00For
SA FUNDS INVESTMENT TRUST124,8000 00For
Empower116,1000 00For
AIG/SunAmerica110,6000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

6. Elect Director Murakami, Nobuhiko

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.5% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 38,368,979 for, 158,320 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: 38,368,979AGAINST: 158,320
Largest asset managers voting on “Elect Director Murakami, Nobuhiko” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,419,8100 00For
Fidelity4,895,1820 00For
Charles Schwab3,161,6910 00For
WisdomTree1,650,2300 00For
Dimensional1,509,9000 00For
TIAA1,088,0070 00For
GMO974,8650 00For
State Street906,8670 00For
MFS805,4000 00For
AQR629,1000 00For
American Century477,3000 00For
Lincoln Financial405,8000 00For
Franklin Templeton401,0810 00For
Prudential/PGIM349,1190 00For
Hartford323,4000 00For
OLD WESTBURY FUNDS INC307,3000 00For
Equitable145,36285,733 00Mixed
T. Rowe Price219,4000 00For
Northern Trust182,6010 00For
SEI138,8090 00For
First Trust132,2000 00For
Nationwide130,4000 00For
SA FUNDS INVESTMENT TRUST124,8000 00For
Empower116,1000 00For
AIG/SunAmerica110,6000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

7. Elect Director Watanuki, Tatsuya

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 38,521,404 for, 5,895 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: 38,521,404AGAINST: 5,895
Largest asset managers voting on “Elect Director Watanuki, Tatsuya” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,419,8100 00For
Fidelity4,895,1820 00For
Charles Schwab3,161,6910 00For
WisdomTree1,650,2300 00For
Dimensional1,509,9000 00For
TIAA1,088,0070 00For
GMO974,8650 00For
State Street906,8670 00For
MFS805,4000 00For
AQR629,1000 00For
American Century477,3000 00For
Lincoln Financial405,8000 00For
Franklin Templeton401,0810 00For
Prudential/PGIM349,1190 00For
Hartford323,4000 00For
OLD WESTBURY FUNDS INC307,3000 00For
Equitable231,0950 00For
T. Rowe Price219,4000 00For
Northern Trust182,6010 00For
SEI138,8090 00For
First Trust132,2000 00For
Nationwide130,4000 00For
SA FUNDS INVESTMENT TRUST124,8000 00For
Empower116,1000 00For
AIG/SunAmerica110,6000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

8. Elect Director Imai, Toshimitsu

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 38,482,704 for, 44,595 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: 38,482,704AGAINST: 44,595
Largest asset managers voting on “Elect Director Imai, Toshimitsu” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,419,8100 00For
Fidelity4,895,1820 00For
Charles Schwab3,161,6910 00For
WisdomTree1,650,2300 00For
Dimensional1,509,9000 00For
TIAA1,088,0070 00For
GMO974,8650 00For
State Street906,8670 00For
MFS805,4000 00For
AQR629,1000 00For
American Century477,3000 00For
Lincoln Financial405,8000 00For
Franklin Templeton401,0810 00For
Prudential/PGIM349,1190 00For
Hartford323,4000 00For
OLD WESTBURY FUNDS INC307,3000 00For
Equitable231,0950 00For
T. Rowe Price219,4000 00For
Northern Trust182,6010 00For
SEI138,8090 00For
First Trust132,2000 00For
Nationwide130,4000 00For
SA FUNDS INVESTMENT TRUST124,8000 00For
Empower116,1000 00For
AIG/SunAmerica110,6000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

9. Elect Director Inoue, Yukari

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 38,521,404 for, 5,895 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: 38,521,404AGAINST: 5,895
Largest asset managers voting on “Elect Director Inoue, Yukari” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,419,8100 00For
Fidelity4,895,1820 00For
Charles Schwab3,161,6910 00For
WisdomTree1,650,2300 00For
Dimensional1,509,9000 00For
TIAA1,088,0070 00For
GMO974,8650 00For
State Street906,8670 00For
MFS805,4000 00For
AQR629,1000 00For
American Century477,3000 00For
Lincoln Financial405,8000 00For
Franklin Templeton401,0810 00For
Prudential/PGIM349,1190 00For
Hartford323,4000 00For
OLD WESTBURY FUNDS INC307,3000 00For
Equitable231,0950 00For
T. Rowe Price219,4000 00For
Northern Trust182,6010 00For
SEI138,8090 00For
First Trust132,2000 00For
Nationwide130,4000 00For
SA FUNDS INVESTMENT TRUST124,8000 00For
Empower116,1000 00For
AIG/SunAmerica110,6000 00For

Showing the 25 largest of 64 asset managers. All 64 are in the interactive database (link above).

10. Appoint a director didier leroy

No official resultsDIRECTOR ELECTIONS

4% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 18 asset managers

Description as filed by funds: APPOINT A DIRECTOR DIDIER LEROY

The 18 asset managers below reported 708,008 for, 16,806,527 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: 708,008AGAINST: 16,806,527
Largest asset managers voting on “APPOINT A DIRECTOR DIDIER LEROY” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock013,388,843 00Against
JPMorgan02,401,900 00Against
Pacer Funds Trust0484,279 00Against
Harbor ETF Trust222,7000 00For
Six Circles Trust0216,900 00Against
John Hancock155,6950 00For
Jackson National94,50050,500 00Mixed
Brown Advisory Funds137,5510 00For
MASTER INVESTMENT PORTFOLIO0134,300 00Against
Allianz15,00048,900 00Mixed
Lincoln Financial038,000 00Against
Bridge Builder Trust035,705 00Against
GPS Funds I31,1620 00For
Touchstone ETF Trust18,9000 00For
ETF Series Solutions14,6000 00For
TIMOTHY PLAN11,6000 00For
Forethought Variable Insurance Trust07,200 00Against
WILSHIRE MUTUAL FUNDS INC6,3000 00For

11. Appoint a director imai, toshimitsu

No official resultsDIRECTOR ELECTIONS

97% of fund votes cast · no official result

FOR
Details: description as filed, votes by 18 asset managers

Description as filed by funds: APPOINT A DIRECTOR IMAI, TOSHIMITSU

The 18 asset managers below reported 17,004,056 for, 510,479 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: 17,004,056AGAINST: 510,479
Largest asset managers voting on “APPOINT A DIRECTOR IMAI, TOSHIMITSU” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock13,388,8430 00For
JPMorgan2,401,9000 00For
Pacer Funds Trust0484,279 00Against
Harbor ETF Trust222,7000 00For
Six Circles Trust216,9000 00For
John Hancock155,6950 00For
Jackson National145,0000 00For
Brown Advisory Funds137,5510 00For
MASTER INVESTMENT PORTFOLIO134,3000 00For
Allianz63,9000 00For
Lincoln Financial38,0000 00For
Bridge Builder Trust35,7050 00For
GPS Funds I31,1620 00For
Touchstone ETF Trust18,9000 00For
ETF Series Solutions014,600 00Against
TIMOTHY PLAN011,600 00Against
Forethought Variable Insurance Trust7,2000 00For
WILSHIRE MUTUAL FUNDS INC6,3000 00For

12. Appoint a director inoue, yukari

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 18 asset managers

Description as filed by funds: APPOINT A DIRECTOR INOUE, YUKARI

The 18 asset managers below reported 17,514,535 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 17,514,535
Largest asset managers voting on “APPOINT A DIRECTOR INOUE, YUKARI” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock13,388,8430 00For
JPMorgan2,401,9000 00For
Pacer Funds Trust484,2790 00For
Harbor ETF Trust222,7000 00For
Six Circles Trust216,9000 00For
John Hancock155,6950 00For
Jackson National145,0000 00For
Brown Advisory Funds137,5510 00For
MASTER INVESTMENT PORTFOLIO134,3000 00For
Allianz63,9000 00For
Lincoln Financial38,0000 00For
Bridge Builder Trust35,7050 00For
GPS Funds I31,1620 00For
Touchstone ETF Trust18,9000 00For
ETF Series Solutions14,6000 00For
TIMOTHY PLAN11,6000 00For
Forethought Variable Insurance Trust7,2000 00For
WILSHIRE MUTUAL FUNDS INC6,3000 00For

13. Appoint a director iwamoto, hideyuki

No official resultsDIRECTOR ELECTIONS

97% of fund votes cast · no official result

FOR
Details: description as filed, votes by 18 asset managers

Description as filed by funds: APPOINT A DIRECTOR IWAMOTO, HIDEYUKI

The 18 asset managers below reported 17,030,256 for, 484,279 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: 17,030,256AGAINST: 484,279
Largest asset managers voting on “APPOINT A DIRECTOR IWAMOTO, HIDEYUKI” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock13,388,8430 00For
JPMorgan2,401,9000 00For
Pacer Funds Trust0484,279 00Against
Harbor ETF Trust222,7000 00For
Six Circles Trust216,9000 00For
John Hancock155,6950 00For
Jackson National145,0000 00For
Brown Advisory Funds137,5510 00For
MASTER INVESTMENT PORTFOLIO134,3000 00For
Allianz63,9000 00For
Lincoln Financial38,0000 00For
Bridge Builder Trust35,7050 00For
GPS Funds I31,1620 00For
Touchstone ETF Trust18,9000 00For
ETF Series Solutions14,6000 00For
TIMOTHY PLAN11,6000 00For
Forethought Variable Insurance Trust7,2000 00For
WILSHIRE MUTUAL FUNDS INC6,3000 00For

14. Appoint a director kashitani, ichiro

No official resultsDIRECTOR ELECTIONS

97% of fund votes cast · no official result

FOR
Details: description as filed, votes by 18 asset managers

Description as filed by funds: APPOINT A DIRECTOR KASHITANI, ICHIRO

The 18 asset managers below reported 17,004,056 for, 510,479 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: 17,004,056AGAINST: 510,479
Largest asset managers voting on “APPOINT A DIRECTOR KASHITANI, ICHIRO” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock13,388,8430 00For
JPMorgan2,401,9000 00For
Pacer Funds Trust0484,279 00Against
Harbor ETF Trust222,7000 00For
Six Circles Trust216,9000 00For
John Hancock155,6950 00For
Jackson National145,0000 00For
Brown Advisory Funds137,5510 00For
MASTER INVESTMENT PORTFOLIO134,3000 00For
Allianz63,9000 00For
Lincoln Financial38,0000 00For
Bridge Builder Trust35,7050 00For
GPS Funds I31,1620 00For
Touchstone ETF Trust18,9000 00For
ETF Series Solutions014,600 00Against
TIMOTHY PLAN011,600 00Against
Forethought Variable Insurance Trust7,2000 00For
WILSHIRE MUTUAL FUNDS INC6,3000 00For

15. Appoint a director matsuda, chieko

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 18 asset managers

Description as filed by funds: APPOINT A DIRECTOR MATSUDA, CHIEKO

The 18 asset managers below reported 17,514,535 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 17,514,535
Largest asset managers voting on “APPOINT A DIRECTOR MATSUDA, CHIEKO” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock13,388,8430 00For
JPMorgan2,401,9000 00For
Pacer Funds Trust484,2790 00For
Harbor ETF Trust222,7000 00For
Six Circles Trust216,9000 00For
John Hancock155,6950 00For
Jackson National145,0000 00For
Brown Advisory Funds137,5510 00For
MASTER INVESTMENT PORTFOLIO134,3000 00For
Allianz63,9000 00For
Lincoln Financial38,0000 00For
Bridge Builder Trust35,7050 00For
GPS Funds I31,1620 00For
Touchstone ETF Trust18,9000 00For
ETF Series Solutions14,6000 00For
TIMOTHY PLAN11,6000 00For
Forethought Variable Insurance Trust7,2000 00For
WILSHIRE MUTUAL FUNDS INC6,3000 00For

16. Appoint a director murakami, nobuhiko

No official resultsDIRECTOR ELECTIONS

97% of fund votes cast · no official result

FOR
Details: description as filed, votes by 18 asset managers

Description as filed by funds: APPOINT A DIRECTOR MURAKAMI, NOBUHIKO

The 18 asset managers below reported 16,972,894 for, 541,641 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: 16,972,894AGAINST: 541,641
Largest asset managers voting on “APPOINT A DIRECTOR MURAKAMI, NOBUHIKO” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock13,388,8430 00For
JPMorgan2,401,9000 00For
Pacer Funds Trust0484,279 00Against
Harbor ETF Trust222,7000 00For
Six Circles Trust216,9000 00For
John Hancock155,6950 00For
Jackson National145,0000 00For
Brown Advisory Funds137,5510 00For
MASTER INVESTMENT PORTFOLIO134,3000 00For
Allianz63,9000 00For
Lincoln Financial38,0000 00For
Bridge Builder Trust35,7050 00For
GPS Funds I031,162 00Against
Touchstone ETF Trust18,9000 00For
ETF Series Solutions014,600 00Against
TIMOTHY PLAN011,600 00Against
Forethought Variable Insurance Trust7,2000 00For
WILSHIRE MUTUAL FUNDS INC6,3000 00For

17. Appoint a director watanuki, tatsuya

No official resultsDIRECTOR ELECTIONS

97% of fund votes cast · no official result

FOR
Details: description as filed, votes by 18 asset managers

Description as filed by funds: APPOINT A DIRECTOR WATANUKI, TATSUYA

The 18 asset managers below reported 17,030,256 for, 484,279 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: 17,030,256AGAINST: 484,279
Largest asset managers voting on “APPOINT A DIRECTOR WATANUKI, TATSUYA” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock13,388,8430 00For
JPMorgan2,401,9000 00For
Pacer Funds Trust0484,279 00Against
Harbor ETF Trust222,7000 00For
Six Circles Trust216,9000 00For
John Hancock155,6950 00For
Jackson National145,0000 00For
Brown Advisory Funds137,5510 00For
MASTER INVESTMENT PORTFOLIO134,3000 00For
Allianz63,9000 00For
Lincoln Financial38,0000 00For
Bridge Builder Trust35,7050 00For
GPS Funds I31,1620 00For
Touchstone ETF Trust18,9000 00For
ETF Series Solutions14,6000 00For
TIMOTHY PLAN11,6000 00For
Forethought Variable Insurance Trust7,2000 00For
WILSHIRE MUTUAL FUNDS INC6,3000 00For

18. Appoint a director yamaguchi, goro

No official resultsDIRECTOR ELECTIONS

99.0% of fund votes cast · no official result

FOR
Details: description as filed, votes by 18 asset managers

Description as filed by funds: APPOINT A DIRECTOR YAMAGUCHI, GORO

The 18 asset managers below reported 17,351,784 for, 162,751 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: 17,351,784AGAINST: 162,751
Largest asset managers voting on “APPOINT A DIRECTOR YAMAGUCHI, GORO” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock13,388,8430 00For
JPMorgan2,401,9000 00For
Pacer Funds Trust484,2790 00For
Harbor ETF Trust222,7000 00For
Six Circles Trust216,9000 00For
John Hancock155,6950 00For
Jackson National145,0000 00For
Brown Advisory Funds0137,551 00Against
MASTER INVESTMENT PORTFOLIO134,3000 00For
Allianz63,9000 00For
Lincoln Financial38,0000 00For
Bridge Builder Trust35,7050 00For
GPS Funds I31,1620 00For
Touchstone ETF Trust018,900 00Against
ETF Series Solutions14,6000 00For
TIMOTHY PLAN11,6000 00For
Forethought Variable Insurance Trust7,2000 00For
WILSHIRE MUTUAL FUNDS INC06,300 00Against

19. Approve Allocation of Income, with a Final Dividend of JPY 55

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 55 asset managers

The 55 asset managers below reported 34,550,512 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: 34,550,512
Largest asset managers voting on “Approve Allocation of Income, with a Final Dividend of JPY 55” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,419,8100 00For
Fidelity4,895,1820 00For
WisdomTree1,650,2300 00For
Dimensional1,509,9000 00For
TIAA1,088,0070 00For
GMO974,8650 00For
State Street906,8670 00For
MFS805,4000 00For
AQR629,1000 00For
American Century477,3000 00For
Lincoln Financial405,8000 00For
Franklin Templeton401,0810 00For
OLD WESTBURY FUNDS INC307,3000 00For
Equitable231,0950 00For
T. Rowe Price219,4000 00For
Northern Trust182,6010 00For
First Trust132,2000 00For
SA FUNDS INVESTMENT TRUST124,8000 00For
Empower116,1000 00For
AIG/SunAmerica110,6000 00For
Voya100,1620 00For
WASATCH FUNDS TRUST81,3000 00For
Prudential/PGIM81,1000 00For
Brighthouse69,4090 00For
DWS68,8950 00For

Showing the 25 largest of 55 asset managers. All 55 are in the interactive database (link above).

20. Approve appropriation of surplus

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 18 asset managers

Description as filed by funds: APPROVE APPROPRIATION OF SURPLUS

The 18 asset managers below reported 17,514,535 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 17,514,535
Largest asset managers voting on “APPROVE APPROPRIATION OF SURPLUS” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock13,388,8430 00For
JPMorgan2,401,9000 00For
Pacer Funds Trust484,2790 00For
Harbor ETF Trust222,7000 00For
Six Circles Trust216,9000 00For
John Hancock155,6950 00For
Jackson National145,0000 00For
Brown Advisory Funds137,5510 00For
MASTER INVESTMENT PORTFOLIO134,3000 00For
Allianz63,9000 00For
Lincoln Financial38,0000 00For
Bridge Builder Trust35,7050 00For
GPS Funds I31,1620 00For
Touchstone ETF Trust18,9000 00For
ETF Series Solutions14,6000 00For
TIMOTHY PLAN11,6000 00For
Forethought Variable Insurance Trust7,2000 00For
WILSHIRE MUTUAL FUNDS INC6,3000 00For

21. Allocation of Profits/Dividends

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 3,976,787 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: 3,976,787
Largest asset managers voting on “Allocation of Profits/Dividends” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,161,6910 00For
Hartford323,4000 00For
Prudential/PGIM268,0190 00For
SEI138,8090 00For
Nationwide73,7000 00For
Russell Investments4,9000 00For
ETFis Series Trust I3,0560 00For
Principal1,2000 00For
Adviser Managed Trust9000 00For
Mercer Funds8000 00For
Northern Lights Fund Trust IV2330 00For
PACE SELECT ADVISORS TRUST790 00For

22. Approve Restricted Stock Plan and Cash Compensation Ceiling for Directors

100% of fund votes cast · no official result

FOR
Details: votes by 54 asset managers

The 54 asset managers below reported 34,548,787 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: 34,548,787
Largest asset managers voting on “Approve Restricted Stock Plan and Cash Compensation Ceiling for Directors” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,419,8100 00For
Fidelity4,895,1820 00For
WisdomTree1,650,2300 00For
Dimensional1,509,9000 00For
TIAA1,088,0070 00For
GMO974,8650 00For
State Street906,8670 00For
MFS805,4000 00For
AQR629,1000 00For
American Century477,3000 00For
Lincoln Financial405,8000 00For
Franklin Templeton401,0810 00For
OLD WESTBURY FUNDS INC307,3000 00For
Equitable231,0950 00For
T. Rowe Price219,4000 00For
Northern Trust182,6010 00For
First Trust132,2000 00For
SA FUNDS INVESTMENT TRUST124,8000 00For
Empower116,1000 00For
AIG/SunAmerica110,6000 00For
Voya100,1620 00For
WASATCH FUNDS TRUST81,3000 00For
Prudential/PGIM81,1000 00For
Brighthouse69,4090 00For
DWS68,8950 00For

Showing the 25 largest of 54 asset managers. All 54 are in the interactive database (link above).

23. Approve details of the restricted-stock compensation to be received by directors (excluding outside directors), and…

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 18 asset managers

Description as filed by funds: APPROVE DETAILS OF THE RESTRICTED-STOCK COMPENSATION TO BE RECEIVED BY DIRECTORS (EXCLUDING OUTSIDE DIRECTORS), AND APPROVE DETAILS OF THE COMPENSATION TO BE RECEIVED BY DIRECTORS

The 18 asset managers below reported 17,514,535 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 17,514,535
Largest asset managers voting on “APPROVE DETAILS OF THE RESTRICTED-STOCK COMPENSATION TO BE RECEIVED BY DIRECTORS (EXCLUDING OUTSIDE DIRECTORS)” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock13,388,8430 00For
JPMorgan2,401,9000 00For
Pacer Funds Trust484,2790 00For
Harbor ETF Trust222,7000 00For
Six Circles Trust216,9000 00For
John Hancock155,6950 00For
Jackson National145,0000 00For
Brown Advisory Funds137,5510 00For
MASTER INVESTMENT PORTFOLIO134,3000 00For
Allianz63,9000 00For
Lincoln Financial38,0000 00For
Bridge Builder Trust35,7050 00For
GPS Funds I31,1620 00For
Touchstone ETF Trust18,9000 00For
ETF Series Solutions14,6000 00For
TIMOTHY PLAN11,6000 00For
Forethought Variable Insurance Trust7,2000 00For
WILSHIRE MUTUAL FUNDS INC6,3000 00For

24. Amendment to the Monetary Compensation and Restricted Stock Plan

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 3,976,787 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: 3,976,787
Largest asset managers voting on “Amendment to the Monetary Compensation and Restricted Stock Plan” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,161,6910 00For
Hartford323,4000 00For
Prudential/PGIM268,0190 00For
SEI138,8090 00For
Nationwide73,7000 00For
Russell Investments4,9000 00For
ETFis Series Trust I3,0560 00For
Principal1,2000 00For
Adviser Managed Trust9000 00For
Mercer Funds8000 00For
Northern Lights Fund Trust IV2330 00For
PACE SELECT ADVISORS TRUST790 00For

25. Appoint Statutory Auditor Kawashima, Kazuya

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 55 asset managers

The 55 asset managers below reported 34,550,512 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: 34,550,512
Largest asset managers voting on “Appoint Statutory Auditor Kawashima, Kazuya” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,419,8100 00For
Fidelity4,895,1820 00For
WisdomTree1,650,2300 00For
Dimensional1,509,9000 00For
TIAA1,088,0070 00For
GMO974,8650 00For
State Street906,8670 00For
MFS805,4000 00For
AQR629,1000 00For
American Century477,3000 00For
Lincoln Financial405,8000 00For
Franklin Templeton401,0810 00For
OLD WESTBURY FUNDS INC307,3000 00For
Equitable231,0950 00For
T. Rowe Price219,4000 00For
Northern Trust182,6010 00For
First Trust132,2000 00For
SA FUNDS INVESTMENT TRUST124,8000 00For
Empower116,1000 00For
AIG/SunAmerica110,6000 00For
Voya100,1620 00For
WASATCH FUNDS TRUST81,3000 00For
Prudential/PGIM81,1000 00For
Brighthouse69,4090 00For
DWS68,8950 00For

Showing the 25 largest of 55 asset managers. All 55 are in the interactive database (link above).

26. Appoint a corporate auditor kawashima, kazuya

No official resultsAUDIT-RELATED

99.8% of fund votes cast · no official result

FOR
Details: description as filed, votes by 18 asset managers

Description as filed by funds: APPOINT A CORPORATE AUDITOR KAWASHIMA, KAZUYA

The 18 asset managers below reported 17,488,335 for, 26,200 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: 17,488,335AGAINST: 26,200
Largest asset managers voting on “APPOINT A CORPORATE AUDITOR KAWASHIMA, KAZUYA” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock13,388,8430 00For
JPMorgan2,401,9000 00For
Pacer Funds Trust484,2790 00For
Harbor ETF Trust222,7000 00For
Six Circles Trust216,9000 00For
John Hancock155,6950 00For
Jackson National145,0000 00For
Brown Advisory Funds137,5510 00For
MASTER INVESTMENT PORTFOLIO134,3000 00For
Allianz63,9000 00For
Lincoln Financial38,0000 00For
Bridge Builder Trust35,7050 00For
GPS Funds I31,1620 00For
Touchstone ETF Trust18,9000 00For
ETF Series Solutions014,600 00Against
TIMOTHY PLAN011,600 00Against
Forethought Variable Insurance Trust7,2000 00For
WILSHIRE MUTUAL FUNDS INC6,3000 00For

27. Elect Kazuya Kawashima as Statutory Auditor

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 3,976,787 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: 3,976,787
Largest asset managers voting on “Elect Kazuya Kawashima as Statutory Auditor” at TOYOTA TSUSHO CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,161,6910 00For
Hartford323,4000 00For
Prudential/PGIM268,0190 00For
SEI138,8090 00For
Nationwide73,7000 00For
Russell Investments4,9000 00For
ETFis Series Trust I3,0560 00For
Principal1,2000 00For
Adviser Managed Trust9000 00For
Mercer Funds8000 00For
Northern Lights Fund Trust IV2330 00For
PACE SELECT ADVISORS TRUST790 00For

Largest TOYOTA TSUSHO CORPORATION shareholders voting in 2024-2025

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 TOYOTA TSUSHO CORPORATION shareholders by shares voted on “Elect Director Matsuda, Chieko”, 2024-2025
#Asset manager Shares voted
1Vanguard 18,419,810
2Fidelity 4,895,182
3Charles Schwab 3,161,691
4WisdomTree 1,650,230
5Dimensional 1,509,900
6TIAA 1,088,007
7GMO 974,865
8State Street 906,867
9MFS 805,400
10AQR 629,100

Shown as share counts, not percentages: no shares-outstanding figure has been matched to TOYOTA TSUSHO CORPORATION for the 2024-2025 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.

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

Cite this page

proxyvotesnow.com, “TOYOTA TSUSHO CORPORATION 2025 Annual Meeting: Vote Results”, https://proxyvotesnow.com/company/toyota-tsusho-corp/2025 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.