Akio Toyoda Retains Toyota Chairmanship Amid Governance Scrutiny

Shareholders reappoint Toyoda despite ongoing investigations into fraudulent safety certifications and climate lobbying concerns.

Toyota shareholders voted to keep Akio Toyoda as chairman, supporting all company proposals.
The automaker faces scrutiny over fraudulent vehicle certification tests and climate change lobbying practices.
Shareholder proposals for climate-related lobbying transparency were rejected.
Institutional shareholder groups criticized the lack of board reshuffling amid governance issues.
Toyota's profits doubled last fiscal year, but stock prices have declined due to recent scandals.