FRANKFURT/TOKYO -- Japan is struggling to place more women on corporate boards even as Europe and Asian hubs like Hong Kong make progress, dealing a potential blow to Tokyo's ambition to become a center of global finance.
Women held 12.6% of board seats across major Japanese companies in 2021, according to the Organization for Economic Cooperation and Development. The figure is even lower among constituents of the Tokyo Stock Exchange's Prime market, at 9.3%.
