Just 15 of the 1,836 companies listed on the top-tier Prime Market on the Tokyo bourse were headed by women as of the end of January, according to credit research firm Teikoku Databank, with the 0.8% share reflecting the struggle among major businesses to embrace diversity in management.
The small number of women in positions with representative rights at top-tier firms compares unfavorably with a record high 8.2% of approximately 1.19 million businesses in Japan reporting they had a female president in 2022, the research found.
Japan is “extremely slow compared with other countries” in promoting women to prominent positions, said Shintaro Yamaguchi, a professor specializing in labor economics at the University of Tokyo.
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