Toyota Motor Chairman Akio Toyoda's reelection is in jeopardy as shareholder support has plummeted to 72%, down from 85% in 2023, marking the lowest approval for a director in Toyota's history. This decline follows recommendations from proxy advisers Institutional Shareholder Services (ISS) and Glass Lewis to vote against his reelection due to concerns over the company's handling of certification testing violations. Support among foreign institutional investors is particularly low at 34%, while domestic institutional backing has dropped to around 55%, a significant fall from over 70% last year. Toyoda acknowledged that half of domestic institutional investors are urging him to step down due to his recent behavior, although retail investors continue to show nearly 99% support for him. This situation reflects broader issues of corporate governance and the increasing influence of proxy advisers on shareholder decisions. As stakeholder expectations rise, companies like Toyota must navigate these challenges to maintain investor confidence.