Hyperdrive

Toyota Chair Reclaims Support After Scandals That Hurt Last Vote

Toyota Chairman Akio Toyoda

Photographer: Bridget Bennett/Bloomberg

Toyota Motor Corp. Chairman Akio Toyoda’s reelection garnered almost 97% of voted shares during the carmaker’s annual meeting, marking a comeback from the record low he saw after a series of regulatory scandals led investors to question the business group’s leadership.

Chief Executive Officer Koji Sato was also reappointed to the board, with a 98% tally, the company said in a statement Friday.