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Stocks

Nomura Asset Management votes against Toshiba brass

Japanese fund manager taking firm stance against scandal-plagued companies

Nomura Asset Management revealed Tuesday votes cast during shareholders' meetings in June.

TOKYO -- Japan's Nomura Asset Management revealed Tuesday that it voted against the reappointment of Toshiba President Satoshi Tsunakawa, in reaction to the financial debacle hounding the technology group.

Nomura Holdings' fund-management arm came out against Toshiba's roster of choices to fill top slots at the embattled conglomerate's June 28 shareholders meeting.

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