Aggregation of voting rights at the General Meeting of Shareholders Deputy Prime Minister and Finance Minister Aso Thoughts to request a report to the bank September 25, 12:46
Aso regarding the handling of documents for exercising voting rights at general meetings of shareholders undertaken by Sumitomo Mitsui Trust Bank and Mizuho Trust & Banking from companies, and the issue of excluding some shareholders' documents from the aggregation work of more than 1,300 companies. At a press conference, the deputy prime minister and finance minister said it was "extremely important" and said he would ask banks to report on the history and future actions.
Sumitomo Mitsui Trust Bank and Mizuho Trust & Banking have mistakenly excluded the documents of some shareholders from the totaling work of more than 1,300 companies regarding the handling of documents for exercising voting rights at general meetings of shareholders undertaken by companies. It was announced on the 24th that there was a situation in which the rights of shareholders were impaired for many years.
Regarding this, Deputy Prime Minister and Finance Minister Aso said at a press conference after the Cabinet meeting, "It is the basis of corporate governance that the counting of voting rights exercises is carried out accurately under the Companies Act. This is a very important story. "
After that, he said, "The Financial Services Agency will continue to follow up with the two trust banks regarding the status of efforts such as dealing with client companies and optimizing operations," and told Sumitomo Mitsui Trust Bank and Mizuho Trust & Banking. In response, he clarified his intention to request a report on the history and future actions.
Minister of Economy, Trade and Industry Kajiyama "Need to re-examine issues"
Regarding this issue, Minister of Economy, Trade and Industry Kajiyama did not comment on individual cases at a press conference after the Cabinet meeting on the 25th, but made a general statement and said, "Procedures for exercising voting rights of shareholders are appropriate based on laws and regulations. It's important that it happens. We need to reassess what's at stake, including delays in digitization and the concentration of shareholders' meetings. "
Mr. Komei Saito, Secretary-General "I regret that I may lose my credit"
At a press conference, Komeito Secretary-General Saito said, "It is really regrettable that it became clear that the infrastructure that underpins the Japanese economy could lose the credibility of the world. I want you to make an effort to regain international credibility. "