Mitsubishi UFJ Financial Group, Inc. | Establishing a Helpline for Whistle-Blowing

Status
4.50% votes in favour
AGM date
Previous AGM date
Proposal number
7
Resolution details
Company ticker
8306
Lead filer
Individual
Resolution ask
Adopt or amend a policy
ESG theme
  • Governance
ESG sub-theme
  • Whistleblowing
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Financials
Company HQ country
Japan
Resolved clause
A helpline for whistle-blowers shall be established within the Company.
Supporting statement
Under the current law, there are no penalties for unfairly treating whistle-blowers for whistleblowing, and there is a risk that whistle-blowers will be discouraged. Therefore, the Company shall designate Masaya Usui as a contact point for whistle-blowers, as he has an experience in filing a self-represented shareholder class action against a bank holding company to pursue the bank’s supervisory responsibility in the massive fraud incident involving employees of Mizuho Bank that came to light in 2012, as well as experience in pursuing misconduct against numerous banks at shareholder meetings.

How other organisations have declared their voting intentions

Organisation name Declared voting intentions Rationale
Universities Superannuation Scheme - USS Against After careful consideration, we do not currently see justification or merit in the details of the resolution.

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