💰Gpif, Results of Exercise of Voting Rights by Domestic Share Investment Organization About Individual Disclosure
Payment reserve fund management independent administrative agency (GPIF) announced to the institution entrusting the operation of domestic stock (hereinafter referred to as the subcontractor) on June 8, 2009, the individual investment destination of the exercise of voting rights We requested announcement by company and agenda (hereinafter “announcement of individual voting rights exercise result”).
This request is based on Principle 5-3 “New stewardship code revised by the Financial Services Agency published by the Financial Services Agency on 29th May, 2007 (hereinafter referred to as” revised code “),” Principle 5-3 ” It should be made public by each company and agenda. “It is what we did and we are also seeking publicity in GPIF ‘s” Voting Rights Exercise Principles “.
In addition, when the subcontractor considers this publication as inappropriate, it asked for explanation of “reason why it is not appropriate to publish”, and exercised voting rights instead of publishing to the relevant agency We urge management of all investee companies to accurately convey the results of the exercise of voting rights and the reason for exercising directly, in order to gain understanding.
As of the end of November 2010, 14 organizations out of 16 organizations outsourcing the domestic stock of GPIF (see Appendix) have already published the results of individual exercise of voting rights, but regarding INVESCO · Asset Management, We are currently preparing for publication, and it is going to be announced around May 2018.
In addition, instead of announcing the results of exercising individual voting rights, Seiryu Asset Management (re-entrusted to: Taiyo Pacific Partners LP) directly gives all investee companies the right to exercise their voting rights Explanation and explanation are received that it carries out feedback after exercise, and engagement is carried out as necessary, so that we are dealing with explanation.
http://www.gpif.go.jp/topics/2017/pdf/1225_kokunai_kabushiki.pdf