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In the face of scandals and governance issues, Toyota (NYSE:TM) Chairman Akio Toyoda and nine other board members have been re-elected at the annual general meeting on Tuesday. What Happened: Despite two leading proxy advisers recommending against Toyoda’s re-election, his reappointment was expected due to the automaker’s shareholdings by other Toyota group firms, record business results, and his popularity among Japanese retail investors, Reuters reported. However, a significant decrease in shareholder support for Toyoda, the figures for which will be released on Wednesday, could prompt furth…

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