Corporate Governance

Japan 2026 Proxy Season Preview: Navigating Divergent Investor Expectations Ahead of the 2026 AGM Season

In our Japan 2026 Proxy Season Preview, ISS-Corporate examines the evolving trends in investor preferences and engagement across the country’s corporate landscape and the implications for companies and investors.

While shareholder proposals have stabilized at a high level after sharp increases in recent years, global institutions investing in Japan are becoming more selective, particularly toward prescriptive or structural governance measures.

Download the report to discover:

  • Headline AGM outcomes increasingly mask underlying divergence in investor sentiment, elevating the importance of granular, investor‑level voting analysis for issuers.
  • Executive compensation is receiving greater attention as pay levels rise and align more closely with global peers.
  • Global investors are increasingly challenging legacy practices such as retirement bonuses, and are pressing for transparent, performance linked, equity‑based pay aligned with long‑term value creation.