Home / Companies / Yakult Honsha Co., Ltd. / 25 Jun 2025

Meeting · year to 30 June 202597 filers reporting

Yakult Honsha Co., Ltd.: meeting of 25 Jun 2025

Votes reported on Form N-PX, item by item

97 Form N-PX filers reported votes at the Yakult Honsha Co., Ltd. meeting of 25 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

14 nominees; 97.8% of reported votes for; 14 filers withheld from or voted against at least one nominee.

2,313 vote records from 96 filers. 2 of the 95 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

96.9% for2.1% against1.0% other2.1% against management96 filers

SECTION 14A SAY-ON-PAY VOTESIssuer

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

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

100.0% for0.0% against100.0% against management1 filers100.0% for0.0% against100.0% against management3,076,700 reported shares

CORPORATE GOVERNANCEIssuer

CORPORATE GOVERNANCE: management items

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

27 vote records from 7 filers. 0 of the 2 filers that marked the item either way voted against management. 5 filers reported this item without a management mark.

14.3% for14.3% against71.4% other0.0% against management7 filers92.9% for7.1% against0.0% against management73,200 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.

18 vote records from 11 filers. No filer marked a management recommendation, so no against-management figure is reported. 11 filers reported this item without a management mark.

0.0% for0.0% against100.0% other11 filers

CORPORATE GOVERNANCESecurity holder

Amend Articles to Add Provision Concerning Management with Cost of Capital and Share Price Considered

165 vote records from 95 filers. 3 of the 94 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

2.1% for96.8% against1.1% other3.2% against management95 filers1.7% for98.3% against1.7% against management16,932,240 reported shares

CAPITAL STRUCTURESecurity holder

Amend Articles to Allow Shareholder Meeting Resolutions on Cancellation of Treasury Shares

165 vote records from 95 filers. 61 of the 94 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

64.2% for34.7% against1.1% other64.9% against management95 filers48.6% for51.4% against48.6% against management16,932,240 reported shares

CORPORATE GOVERNANCESecurity holder

Amend Articles to Require Majority Outsider Board

164 vote records from 95 filers. 5 of the 94 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

4.2% for94.7% against1.1% other5.3% against management95 filers1.7% for98.3% against1.8% against management16,862,440 reported shares

COMPENSATIONSecurity holder

Approve Restricted Stock Plan

165 vote records from 95 filers. 47 of the 94 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

49.5% for49.5% against1.1% other50.0% against management95 filers7.6% for92.4% against7.6% against management16,932,240 reported shares

CAPITAL STRUCTURESecurity holder

Cancel the Company's Treasury Shares

115 vote records from 69 filers. 42 of the 68 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

59.4% for39.1% against1.4% other61.8% against management69 filers13.4% for86.6% against13.4% against management8,996,791 reported shares

CAPITAL STRUCTURESecurity holder

Initiate Share Repurchase Program

115 vote records from 69 filers. 6 of the 68 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

7.2% for91.3% against1.4% other8.8% against management69 filers4.1% for95.9% against4.1% against management8,996,791 reported shares

CAPITAL STRUCTURESecurity holder

Shareholder Proposal: Approve Cancellation of Own Shares

50 vote records from 26 filers. 9 of the 26 filers that marked the item either way voted against management.

34.6% for65.4% against34.6% against management26 filers5.4% for94.6% against5.4% against management7,935,449 reported shares

CAPITAL STRUCTURESecurity holder

Shareholder Proposal: Approve Purchase of Own Shares

50 vote records from 26 filers. 2 of the 26 filers that marked the item either way voted against management.

7.7% for92.3% against7.7% against management26 filers3.5% for96.5% against3.5% against management7,935,449 reported shares

How the largest families voted

Family	1. Directors	5. Proposal	6. Proposal	7. Proposal	8. Proposal	9. Proposal	10. Proposal	11. Proposal
Vanguard	For	Against	Against	Against	Against	Against	Against	No report
BlackRock and iShares	For	Against	For *	Against	Against	No report	No report	Against
Fidelity	For	Against	For *	Against	Against	Against	Against	No report
State Street and SPDR	For	Against	Against	Against	Against	Against	Against	No report
American Century	For	Against	Against	Against	For *	Against	Against	No report
Franklin Templeton	For	Against	For *	Against	For *	For *	Against	No report
Invesco	For	Against	For *	Against	For *	For *	Against	No report
Equitable	For	Against	For *	Against	For *	Against	Against	No report
Charles Schwab	For	Against	Against	Against	Against	For *	For *	No report
Nuveen and TIAA	For	Against	Against	Against	Against	Against	Against	No report
John Hancock and Manulife	For	Against	For *	Against	For *	No report	No report	For *
Morgan Stanley, Eaton Vance and Calvert	Against *	Against	For *	Against	For *	For *	Against	No report
J.P. Morgan	For	For *	For *	For *	For *	No report	No report	For *
Goldman Sachs	For	Against	For *	Against	For *	For *	Against	No report
WisdomTree	For	Against	For *	Against	For *	For *	Against	No report
PGIM and Prudential	For	Against	Against	Against	Against	Against	Against	No report
Jackson National funds	For	Against	For *	Against	For *	No report	No report	For *
Northern Trust and FlexShares	For	Against	For *	Against	Against	For *	Against	No report
T. Rowe Price	For	Against	For *	For *	For *	For *	Against	No report
Thrivent	For	Against	For *	Against	For *	For *	Against	No report
Lincoln Financial	For	Against	Against	Against	Against	Against	Against	No report
Voya	For	Against	Against	Against	Against	Against	Against	No report
First Trust	For	Against	For *	Against	For *	For *	Against	No report
Russell Investments	For	Against	Against	Against	Against	For *	For *	No report
Nationwide	For	Against	For *	Against	Against	Against	Against	No report
Brighthouse Funds	For	Against	For *	Against	For *	For *	Against	No report
Columbia Threadneedle	For	Against	For *	For *	For *	For *	Against	No report
BNY Mellon	For	Against	For *	Against	For *	For *	Against	No report
Principal	For	Against	For *	Against	For *	For *	Against	No report
Transamerica	For	Against	Against	Against	Against	Against	Against	No report
AllianceBernstein	For	Against	For *	Against	For *	Against	Against	No report
PIMCO	For	Against	For *	Against	For *	For *	Against	No report
Allspring	For	Against	For *	Against	For *	For *	Against	No report
Harbor Funds	For	Against	For *	Against	For *	No report	No report	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 Yakult Honsha Co., Ltd. meeting?

97 Form N-PX filers reported votes at the meeting of 25 Jun 2025. On say-on-pay, 1 of 1 voted against management (100.0%). 8 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 Yakult Honsha 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 Yakult Honsha Co., Ltd.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Yakult Honsha Co., Ltd. with a meeting date within three days of 25 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.