Key Facts
• June 12, Toyota held its annual shareholders’ meeting in Toyota City, Aichi Prefecture.
• All six proposals, including the reappointment of Chairman Akio Toyoda, were approved.
• Hino Motors and Mitsubishi Fuso Truck and Bus finalized their merger agreement on June 10.
• Executive Vice President Hiroki Nakajima emphasized prioritizing customers and regional operations.
• President Koji Sato highlighted efforts to maximize on-site energy post-certification fraud issues.
• 6,752 shareholders attended, surpassing 6,000 for the first time (up from 4,656 last year).
• Meeting duration was 1 hour 47 minutes, 4 minutes shorter than last year.
• 13 questions and 2 opinions or requests were raised during the meeting.
• New independent directors include former Vice Minister of Finance Kaoru Okamoto and Hisamitsu Fujisawa, Chairman of the International Institute for Socio-Economic Studies.
Summary
Toyota’s annual shareholders’ meeting on June 12 approved all six proposals, including the reappointment of key executives. The meeting highlighted the finalized merger of Hino Motors and Mitsubishi Fuso Truck and Bus, with Toyota pledging strong support. Executive Vice President Hiroki Nakajima stressed customer-first and regional-focused operations, while President Koji Sato emphasized creating a foundation to maximize team potential. Attendance reached a record 6,752 shareholders, with the meeting lasting 1 hour 47 minutes. Key appointments included new independent directors Kaoru Okamoto and Hisamitsu Fujisawa.
