The gender equality target set by the Kishida government for companies on the Prime Market of the Tokyo Stock Exchange. Currently, this only occurs in 2.2% of companies. Japan ranks 104 out of 190 countries in the World Bank’s ranking of economic opportunities for women.
Tokyo ( / Agencies) – Japan intends to set a goal that companies listed on the Prime Market – the most important section of the Tokyo Stock Exchange list – have more than 30% women on their boards of directors here to 2030. This is what emerges from the draft of a plan to promote gender equality in the workplace.
According to data from July 2022 in Japan, 18.7% of companies listed on the Prime Market did not have women on their boards of directors, the Kishida government Cabinet Office explained, adding that the percentage of companies with more of the 30% of executive positions held by women was only 2.2%.
These proposals, announced by the Gender Equality Council, will be reflected in the options within the economic and fiscal policy bill, which should be approved by the government later this month.
Gender inequality in the workplace in Japan is a deep-rooted phenomenon: Tokyo currently ranks 104th out of 190 nations in the world in a report on economic opportunities for women released by the World Bank in March, and 116th out of 146 countries. in the World Economic Forum classification on the gender gap in 2022.
As part of efforts to improve career opportunities for women, the Kishida government intends to require companies listed on the Tokyo Stock Exchange’s Prime Market to appoint at least one woman to their boards by 2025.
Photo: Flickr / Yoshimitsu Kurook
