Toshiba says more than 1,000 postal votes uncounted at meeting

By Makiko Yamazaki and Takashi Umekawa
TOKYO (Reuters) - Japan's Toshiba Corp on Friday said more than 1,000 postal voting forms for its shareholder meeting went uncounted, and the bank that counted the votes, which carries out a similar job for almost a thousand listed companies, said the oversight may not have been limited to Toshiba.
The admissions by Toshiba and Sumitomo Mitsui Trust Bank are likely to deepen concerns about corporate governance in Japan at a time of new political leadership and increased scrutiny by investors.
Toshiba said that 1,139 voting forms, representing a combined 1.3% stake, were left out for its annual meeting even though they were delivered before the July 30 deadline to Sumitomo Mitsui Trust, its shareholder registry administrator.
The trust bank said those forms were not counted because they ...


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