Toyota Motor Corporation shareholders re-elected Akio Toyoda as chairman on June 11, 2025. This re-election occurred despite criticism from overseas shareholders regarding the company's $33 billion buyout of a group company.
Some shareholders disputed the price of the buyout, fearing it undervalued the supplier and could expand the Toyoda family's control over the corporate empire. However, support from mom-and-pop investors was highlighted in the re-election.
The outcome underscores the continued confidence in Akio Toyoda's leadership amidst significant corporate actions and governance discussions. The breakdown of voting results was not immediately released, so it is unclear if he secured more than last year's 72% approval, which was a record low for a Toyota director.
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