By Makiko Yamazaki and Takashi Umekawa
TOKYO (Reuters) – Toshiba Corp’s <6502.T> top investor has called for an investigation of a botched meeting in July at which it says several shareholders were deprived of their vote, a letter to the Japanese conglomerate’s board seen by Reuters shows.
What began as a problem at Toshiba has widened into a larger scandal for corporate Japan, with the bank hired to count the votes, Sumitomo Mitsui Trust Bank <8309.T>, and Mizuho Trust, revealing details of counting errors at more than 1,300 firms.
Singapore-based Effissimo Capital Management, which owns around 10% of Toshiba, is the latest investor to join the outcry over the meeting, which has drawn attention to concerns about governance and treatment of foreign shareholders.
Effissimo and Toshiba both declined to comment on Thursday.
The letter from Effissimo comes after Toshiba this month said more than 1,000 postal voting forms for its