Home / Companies / Toyota Industries Corp. / 10 Jun 2025
Toyota Industries Corp.: meeting of 10 Jun 2025
Votes reported on Form N-PX, item by item
114 Form N-PX filers reported votes at the Toyota Industries Corp. meeting of 10 Jun 2025. 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; 74.0% of reported votes for; 71 filers withheld from or voted against at least one nominee.
1,429 vote records from 111 filers. 13 of the 110 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
3 vote records from 3 filers. 1 of the 3 filers that marked the item either way voted against management.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
58 vote records from 15 filers. 1 of the 15 filers that marked the item either way voted against management.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
270 vote records from 81 filers. 2 of the 80 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
CORPORATE GOVERNANCEIssuer
CORPORATE GOVERNANCE: management items
Management items in this category are shown together; filers word and number them differently.
75 vote records from 18 filers. 7 of the 18 filers that marked the item either way voted against management.
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
28 vote records from 14 filers. 0 of the 1 filers that marked the item either way voted against management. 13 filers reported this item without a management mark.
CORPORATE GOVERNANCESecurity holder
Amend Articles to Add Provision Concerning Measures to Realize Management with Cost of Capital and Share...
187 vote records from 103 filers. 28 of the 102 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
CORPORATE GOVERNANCESecurity holder
Amend Articles to Require Majority Outsider Board
136 vote records from 80 filers. 17 of the 79 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
COMPENSATIONSecurity holder
Approve Restricted Stock Plan
137 vote records from 80 filers. 55 of the 79 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
CORPORATE GOVERNANCESecurity holder
Shareholder Proposal: Amend Articles of Incorporation (the Composition of Outside Directors)
62 vote records from 31 filers. 9 of the 31 filers that marked the item either way voted against management.
COMPENSATIONSecurity holder
Shareholder Proposal Regarding Restricted Stock Compensation
62 vote records from 31 filers. 8 of the 31 filers that marked the item either way voted against management.
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.
12 vote records from 8 filers. 8 of the 8 filers that marked the item either way voted against management.
How the largest families voted
| Family | 1. Directors | 3. Auditor | 7. Proposal | 8. Proposal | 9. Proposal | 10. Proposal | 11. Proposal |
|---|---|---|---|---|---|---|---|
| Vanguard | For | No report | Against | Against | Against | No report | No report |
| BlackRock and iShares | For | No report | Against | No report | No report | Against | Against |
| Fidelity | For | No report | For * | Against | Against | No report | No report |
| Dimensional | For | No report | Against | Against | For * | No report | No report |
| State Street and SPDR | For | No report | Against | Against | Against | No report | No report |
| American Century | For | No report | Against | Against | For * | No report | No report |
| Franklin Templeton | For | No report | Against | Against | For * | No report | No report |
| Invesco | For | No report | Against | Against | For * | No report | No report |
| Equitable | Against * | No report | For * | For * | For * | No report | No report |
| Charles Schwab | For | No report | No report | No report | No report | Against | Against |
| Nuveen and TIAA | For | No report | Against | Against | Against | No report | No report |
| John Hancock and Manulife | For | For | Against | No report | No report | Against | For * |
| Morgan Stanley, Eaton Vance and Calvert | For | No report | Against | Against | For * | For * | Against |
| J.P. Morgan | For | For | For * | No report | No report | For * | Against |
| PGIM and Prudential | For | No report | No report | No report | No report | Against | Against |
| Jackson National funds | For | For | Against | No report | No report | Against | For * |
| Northern Trust and FlexShares | For | No report | Against | Against | Against | No report | No report |
| T. Rowe Price | For | No report | Against | Against | For * | No report | No report |
| Thrivent | For | No report | Against | Against | For * | No report | No report |
| Lincoln Financial | Against | No report | For * | For * | Against * | No report | No report |
| Voya | For | No report | Against | Against | Against | No report | No report |
| First Trust | For | No report | Against | Against | For * | No report | No report |
| Russell Investments | For | No report | No report | No report | No report | Against | Against |
| Nationwide | For | No report | Against | Against | Against | No report | No report |
| Victory Capital | For | No report | Against | Against | For * | No report | No report |
| Brighthouse Funds | For | No report | For * | For * | For * | For * | Against |
| Columbia Threadneedle | For | No report | Against | For * | For * | No report | No report |
| BNY Mellon | For | No report | Against | Against | For * | No report | No report |
| Principal | Against * | No report | For * | For * | For * | No report | No report |
| Pacific Life funds | For | No report | For * | Against | Against | No report | No report |
| Global X | For | No report | No report | No report | No report | No report | No report |
| MFS | For | No report | For * | For * | For * | No report | No report |
| Transamerica | For | No report | Against | Against | For * | No report | No report |
| AllianceBernstein | Against * | No report | For * | For * | For * | No report | No report |
| MassMutual | For | No report | Against | Against | For * | No report | No report |
| Harbor Funds | Abstain or withhold * | Abstain or withhold * | Against | No report | No report | Against | For * |
| Neuberger Berman | For | No report | No report | No report | No report | For * | For * |
* 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 Toyota Industries Corp. meeting?
114 Form N-PX filers reported votes at the meeting of 10 Jun 2025. On say-on-pay, 1 of 3 voted against management (33.3%). 5 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 Toyota Industries Corp. 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 Toyota Industries Corp.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Toyota Industries Corp. with a meeting date within three days of 10 Jun 2025. 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.