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Japan Inc. scrambles to find female directors

Lack of internal candidates forces companies to look outside for talent

From left, Yuko Makino of Otsuka Holdings; Teiko Kudo, nominated to the Toyota board; and Noriko Tojo, also from Otsuka

TOKYO -- Four out of five listed companies in Japan have no women on their boards of directors. This puts the country in company with Saudi Arabia, South Korea and the United Arab Emirates as one of the worst when it comes to diversity.

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