Companies that gave cash vouchers to vote totalled more than 120 last year, five times the level in 2019, an industry group estimated.
More Japanese companies are giving gifts at annual general meetings in a practice that could increase the ranks of loyal retail investors as pressure from activist investors grows.
The pickup in gifts, from collectibles to food, has been steady. A survey by Sumitomo Mitsui Trust Bank showed 11% of firms offered them at AGMs in 2024, up from 4% in 2021.

