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Unaffected by fraud scandal, Akio Toyoda successfully re-elected as chairman of Toyota Motor

According to media reports, Toyota Chairman Akio and nine other board members were re-elected at Toyota's annual shareholder meeting. Despite being re-elected, the approval rate has dropped significantly. According to published data, the approval rate for Akio Toyoda's election as chairman is only 71.93%, a record low. More than a quarter of Toyota Motor shareholders oppose re-election. It is not difficult to see that Toyota Motor shareholders are gradually accumulating dissatisfaction with Akio Toyoda. Against this background, Toyoda Akio's re-election as chairman not only reflects his status and influence within the company, but also shows that Toyota Motor's revenue and net profit have achieved significant growth in 2023, and its performance advantages .

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