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Business trends

Under pressure, Canon and Toray to add women to boardrooms

20% of leading Japanese companies do not have any female directors

Women are not holding as many executive positions at Japanese corporations as the government hopes.
Prime Minister Fumio Kishida looks to have women make up 30% of Japanese executive positions by 2030. (Photo by Daiki Katagiri)

TOKYO -- Facing pressure from both investors and the government, top Japanese companies Canon and Toray Industries plan to appoint women to their board of directors for the first time, in a step toward gender equality.

Canon is preparing to appoint its first woman director next year. Out of the 40 executive officers working at the company, only two are women -- one overseeing sustainability initiatives and the other a research and development executive. Its board of directors has no women.

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