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Home / Companies / Yodogawa Steel Works, Ltd. / 25 Jun 2024

Meeting · year to 30 June 202422 filers reporting

Yodogawa Steel Works, Ltd.: meeting of 25 Jun 2024

Votes reported on Form N-PX, item by item

22 Form N-PX filers reported votes at the Yodogawa Steel Works, Ltd. meeting of 25 Jun 2024. Their records fall into 15 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

1

DIRECTOR ELECTIONSIssuer

Director elections

7 nominees; 95.3% of reported votes for; 5 filers withheld from or voted against at least one nominee.

253 vote records from 22 filers. 0 of the 22 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management22 filers
2

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

15 vote records from 3 filers. 0 of the 3 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management3 filers100.0% for0.0% against0.0% against management35,825 reported shares
3

COMPENSATIONIssuer

COMPENSATION: management items

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

140 vote records from 17 filers. 0 of the 17 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management17 filers82.4% for17.6% against17.6% against management8,298,420 reported shares, counted once per item in this group
4

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
5

CAPITAL STRUCTURESecurity holder

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

34 vote records from 22 filers. 12 of the 22 filers that marked the item either way voted against management.

54.5% for45.5% against54.5% against management22 filers49.6% for50.4% against49.6% against management1,810,008 reported shares
6

CORPORATE GOVERNANCESecurity holder

Amend Articles to Introduce Provision on Shareholder Special Benefit Plan

34 vote records from 22 filers. 0 of the 22 filers that marked the item either way voted against management.

0.0% for100.0% against0.0% against management22 filers0.0% for100.0% against0.0% against management1,810,008 reported shares
7

CAPITAL STRUCTURESecurity holder

Approve Additional Allocation of Income so that Dividend Equals to 6 Percent of Equity

31 vote records from 19 filers. 7 of the 19 filers that marked the item either way voted against management.

36.8% for63.2% against36.8% against management19 filers44.3% for55.7% against44.3% against management1,802,843 reported shares
8

CAPITAL STRUCTURESecurity holder

Cancel the Company's Treasury Shares

31 vote records from 19 filers. 6 of the 19 filers that marked the item either way voted against management.

31.6% for68.4% against31.6% against management19 filers44.2% for55.8% against44.2% against management1,802,843 reported shares
9

CORPORATE GOVERNANCESecurity holder

Abolish Shareholder Special Benefit Plan

28 vote records from 17 filers. 0 of the 17 filers that marked the item either way voted against management.

0.0% for100.0% against0.0% against management17 filers0.0% for100.0% against0.0% against management1,659,684 reported shares
10

CORPORATE GOVERNANCESecurity holder

Amend Articles to Add Provision on Management Plan to Improve Price to Book Value Ratio

28 vote records from 17 filers. 0 of the 17 filers that marked the item either way voted against management.

0.0% for100.0% against0.0% against management17 filers0.0% for100.0% against0.0% against management1,659,684 reported shares
11

CAPITAL STRUCTURESecurity holder

Amend Articles to Restore Shareholder Authority to Vote on Income Allocation and Share Buybacks

28 vote records from 17 filers. 12 of the 17 filers that marked the item either way voted against management.

70.6% for29.4% against70.6% against management17 filers55.0% for45.0% against55.0% against management1,659,684 reported shares
12

CORPORATE GOVERNANCESecurity holder

Shareholder Proposal: Abolition of the Shareholder Benefit Program

3 vote records from 3 filers. 0 of the 3 filers that marked the item either way voted against management.

0.0% for100.0% against0.0% against management3 filers0.0% for100.0% against0.0% against management7,165 reported shares
13

CAPITAL STRUCTURESecurity holder

Shareholder Proposal: Approve Appropriation of Surplus

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

100.0% for0.0% against100.0% against management3 filers100.0% for0.0% against100.0% against management7,165 reported shares
14

CORPORATE GOVERNANCESecurity holder

Shareholder Proposal Regarding Plan to Achieve PBR of 1x or Greater

6 vote records from 5 filers. 0 of the 5 filers that marked the item either way voted against management.

0.0% for100.0% against0.0% against management5 filers0.0% for100.0% against0.0% against management150,324 reported shares
15

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 5 filers. 3 of the 5 filers that marked the item either way voted against management.

60.0% for40.0% against60.0% against management5 filers4.8% for95.2% against4.8% against management300,648 reported shares, counted once per item in this group

How the largest families voted

Family1. Directors2. Auditor5. Proposal6. Proposal7. Proposal8. Proposal9. Proposal10. Proposal
VanguardForNo reportAgainstAgainstAgainstAgainstAgainstAgainst
BlackRock and iSharesForNo reportFor *AgainstAgainstAgainstAgainstAgainst
FidelityForNo reportFor *AgainstAgainstAgainstAgainstAgainst
DimensionalForNo reportFor *AgainstFor *For *AgainstAgainst
State Street and SPDRForNo reportAgainstAgainstAgainstAgainstAgainstAgainst
American CenturyForNo reportAgainstAgainstAgainstAgainstAgainstAgainst
Charles SchwabForNo reportAgainstAgainstFor *For *No reportNo report
Nuveen and TIAAForNo reportFor *AgainstAgainstAgainstAgainstAgainst
John Hancock and ManulifeForForFor *AgainstNo reportNo reportNo reportNo report
Northern Trust and FlexSharesForNo reportAgainstAgainstFor *AgainstAgainstAgainst
Brighthouse FundsForNo reportFor *AgainstFor *For *AgainstAgainst

* 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 Yodogawa Steel Works, Ltd. meeting?

22 Form N-PX filers reported votes at the meeting of 25 Jun 2024. 10 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 Yodogawa Steel Works, 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 Yodogawa Steel Works, Ltd.

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