A record 91 Japanese companies received shareholder proposals at their general shareholder meetings in June this year, marking the highest number ever recorded. The continued rise in the number of AGM proposals is a clear positive, signaling the deepening of shareholder democracy and stewardship in the Japanese market. However, despite this growth, almost all shareholder proposals in Japan continue to be rejected. So what are we to make of this seemingly poor result? Read Dalton’s white paper here.
