Following in California’s footsteps that passed law SB 826 “Women on Boards” that required all publicly held domestic or foreign corporations to have at least one female director on their boards, Japan is finally catching up to the wondrous benefits of gender diversity on corporate boards regardless of merit. The Japanese government is planning to urge companies listed on the Tokyo Stock Exchange’s top-tier Prime market to have at least one woman executive.
Prime Minister Fumio Kishida in April set a goal of having women account for 30% of executives at Prime-listed companies by 2030.
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