Home / Companies / Bunka Shutter Co. Ltd. / 18 Jun 2024

Meeting · year to 30 June 202435 filers reporting

Bunka Shutter Co. Ltd.: meeting of 18 Jun 2024

Votes reported on Form N-PX, item by item

35 Form N-PX filers reported votes at the Bunka Shutter Co. Ltd. meeting of 18 Jun 2024. Their records fall into 12 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.

foragainstabstain, withhold or otheramber tick: the portion cast against management

Items

DIRECTOR ELECTIONSIssuer

Director elections

7 nominees; 96.4% of reported votes for; 3 filers withheld from or voted against at least one nominee.

336 vote records from 33 filers. 2 of the 33 filers that marked the item either way voted against management.

93.9% for6.1% against6.1% against management33 filers

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

4 vote records from 2 filers. 1 of the 2 filers that marked the item either way voted against management.

50.0% for50.0% against50.0% against management2 filers14.1% for85.9% against85.9% against management1,393,500 reported shares

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

Management items in this category are shown together; filers word and number them differently.

48 vote records from 33 filers. 0 of the 33 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management33 filers100.0% for0.0% against0.0% against management5,023,148 reported shares, counted once per item in this group

COMPENSATIONIssuer

COMPENSATION: management items

Management items in this category are shown together; filers word and number them differently.

48 vote records from 33 filers. 0 of the 33 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management33 filers100.0% for0.0% against0.0% against management5,023,148 reported shares, counted once per item in this group

OTHERIssuer

OTHER: management items

Management items in this category are shown together; filers word and number them differently.

3 vote records from 3 filers. No filer marked a management recommendation, so no against-management figure is reported. 3 filers reported this item without a management mark.

0.0% for0.0% against100.0% other3 filers

CORPORATE GOVERNANCESecurity holder

Amend Articles to Add Provision on Disclosure of Shares Held as Cross-Shareholdings

90 vote records from 33 filers. 1 of the 33 filers that marked the item either way voted against management.

3.0% for45.5% against51.5% other3.0% against management33 filers21.1% for78.9% against21.1% against management9,649,957 reported shares

COMPENSATIONSecurity holder

Shareholder proposal: COMPENSATION (A)

46 vote records from 31 filers. 0 of the 31 filers that marked the item either way voted against management.

0.0% for100.0% against0.0% against management31 filers0.0% for100.0% against0.0% against management6,202,448 reported shares

COMPENSATIONSecurity holder

Disclose Calculation Method for Performance-Based Compensation and Equity Compensation for Representative...

43 vote records from 29 filers. 19 of the 29 filers that marked the item either way voted against management.

65.5% for34.5% against65.5% against management29 filers56.9% for43.1% against56.9% against management5,823,809 reported shares

CAPITAL STRUCTURESecurity holder

Approve Additional Allocation of Income so that Payout Ratio Will Come to 100 Percent

39 vote records from 25 filers. 10 of the 25 filers that marked the item either way voted against management.

40.0% for60.0% against40.0% against management25 filers40.3% for59.7% against40.3% against management4,609,109 reported shares

CAPITAL STRUCTURESecurity holder

Shareholder Proposal Regarding Appropriation of Surplus

6 vote records from 5 filers. 1 of the 5 filers that marked the item either way voted against management.

20.0% for80.0% against20.0% against management5 filers2.1% for97.9% against2.1% against management396,339 reported shares

COMPENSATIONSecurity holder

Shareholder proposal: COMPENSATION (B)

9 vote records from 8 filers. 1 of the 8 filers that marked the item either way voted against management.

12.5% for87.5% against12.5% against management8 filers2.0% for98.0% against2.0% against management414,039 reported shares

Several categoriesSecurity holder

Shareholder proposals (not separable from the filings)

Filers described these proposals in wordings that could not be matched to one another, so they are shown together.

9 vote records from 8 filers. 3 of the 8 filers that marked the item either way voted against management.

37.5% for62.5% against37.5% against management8 filers4.3% for95.7% against4.3% against management414,039 reported shares, counted once per item in this group

How the largest families voted

Family	1. Directors	6. Proposal	7. Proposal	8. Proposal	9. Proposal	10. Proposal	11. Proposal
Vanguard	For	Against	Against	Against	Against	No report	No report
BlackRock and iShares	For	Against	Against	Against	Against	No report	No report
Fidelity	For	Split or no vote	Against	For *	Against	No report	No report
Dimensional	For	Split or no vote	Against	For *	For *	No report	No report
State Street and SPDR	For	Against	Against	Against	Against	No report	No report
American Century	For	Against	Against	Against	Against	No report	No report
Franklin Templeton	Against *	Split or no vote	Against	For *	For *	No report	No report
Invesco	For	Split or no vote	Against	For *	For *	No report	No report
Charles Schwab	For	Against	Against	No report	No report	Against	Against
Nuveen and TIAA	For	Against	Against	For *	Against	No report	No report
John Hancock and Manulife	For	Split or no vote	No report	For *	No report	No report	Against
WisdomTree	For	Split or no vote	Against	For *	Against	No report	No report
PGIM and Prudential	For	Against	Against	No report	No report	Against	Against
Northern Trust and FlexShares	For	Split or no vote	Against	For *	For *	No report	No report
Lincoln Financial	For	Split or no vote	Against	For *	For *	No report	No report
Voya	For	Split or no vote	Against	Against	Against	No report	No report
Brighthouse Funds	For	Split or no vote	Against	For *	For *	No report	No report

* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.

Questions

How did large funds vote at the Bunka Shutter Co. Ltd. meeting?

35 Form N-PX filers reported votes at the meeting of 18 Jun 2024. On say-on-pay, 1 of 2 voted against management (50.0%). 6 proposals from security holders could be told apart in the filings. The family table lists each of the largest families item by item.

Is this the meeting result?

No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by Bunka Shutter Co. Ltd. on Form 8-K.

Why are director elections shown as counts only?

Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.

Every meeting on file for Bunka Shutter Co. Ltd.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Bunka Shutter Co. Ltd. with a meeting date within three days of 18 Jun 2024. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.