According to Reuters, Akio Toyoda, the chairman of Toyota Motor, may be re-elected at the annual shareholders' meeting on Tuesday, but if the support rate of shareholders further decreases significantly, it may lead to a greater degree of corporate governance reform. Previously, Toyota and its group companies (including compact car manufacturer Daihatsu and truck subsidiary Hino Motors) broke the scandal of violating certification tests. Institutional Shareholder Services (ISS) and Glass Lewis, proxy advisory firms, suggest that Akio Toyoda should not be re-elected due to concerns about corporate governance and board independence. ISS questioned Akio Toyoda's handling of violations of internal certification at Toyota Group, stating that he should bear the "ultimate responsibility" for these errors. Akio Toyoda's support rate dropped from 96% in 2022 to 85% last year, but he only needs a majority support rate to be re-elected. Akio Toyoda is the grandson of Toyota's founder and has been a member of the board of directors since 2000. He is the longest-serving director and is expected to receive support from individual investors as well as many suppliers and Toyota group companies' shareholders. The voting results will be announced on Tuesday, but the support rate will not be announced until Wednesday.