Japan bourse CEO reappointed with slimmer vote as rating falls
Japan Exchange Group chief executive officer Hiromi Yamaji was re-elected with a smaller majority as his approval rating slid to the lowest ever and the bourse operator's shares underperformed the market benchmark.
The still-overwhelming majority of 82.11% voted in favor of his reappointment at the annual general meeting held last week, according to a filing on Tuesday. Even so, it was lower than last year's 94.09% and below the 88.88% polled in 2023.
Investors voted with their feet as the stock's 18.6% decline over the past year underperformed the broad Topix's 1.6% rise.
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Japan Times
4 hours ago
- Japan Times
Japan bourse CEO reappointed with slimmer vote as rating falls
Japan Exchange Group chief executive officer Hiromi Yamaji was re-elected with a smaller majority as his approval rating slid to the lowest ever and the bourse operator's shares underperformed the market benchmark. The still-overwhelming majority of 82.11% voted in favor of his reappointment at the annual general meeting held last week, according to a filing on Tuesday. Even so, it was lower than last year's 94.09% and below the 88.88% polled in 2023. Investors voted with their feet as the stock's 18.6% decline over the past year underperformed the broad Topix's 1.6% rise.
