Japan Inc. needs 2,500 more female directors to meet national target

Companies invite external board members due to shortage of in-house candidates

20240927 female board members story

Japanese companies listed on the Tokyo Stock Exchange's Prime market struggle to achieve the government target of 30% female board members by 2030. (Source photos by Yuji Murakami)

KENTA NOMURA, Nikkei staff writer

TOKYO -- Japanese companies listed on the Tokyo Stock Exchange's Prime market struggle to achieve the government target of 30% female board members by 2030 in the face of both a shortage of internal female pool and difficulty in inviting external candidates.

TSE-Prime Listed companies need to add at least 2,500 female board members to reach the target. Currently, they have only 3,083 female out of about 19,000 board member positions.

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