Prime minister Fumio Kishida says diversity in listed companies is key to ‘achieving new capitalism and an inclusive society’
Japan’s prime minister, Fumio Kishida, has said he wants almost a third of executive positions at the country’s top companies to be occupied by women by the end of the decade.ahead of the G7 leaders’ summit in Hiroshima next month, Kishida said more boardroom diversity would boost the world’s third-biggest economy.
“We seek to have the ratio of women among executives at 30% or more by 2030 in companies that are listed on the Tokyo stock exchange’s prime market,” Kishida told officials, including the minister of state for gender equality – who is male – at a meeting this week. His 19-member cabinet includes just two women.
“Securing diversity through promoting women’s empowerment, and enabling innovation as a result, is crucial to achieving new capitalism and an inclusive society,” Kishida added.public life . Women represented only 11.4% of executives in major listed companies in Japan last year, according to a cabinet office survey, although the figure has been rising in recent years.
In politics, too, there are signs of progress, with parties attempting to recruit more women to run for office after a 2018 gender equality law required them to “make efforts” to select similar numbers of male and female candidates.
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