Japan's outside directors take on multiple posts amid talent shortage

Lack of efforts to promote women within leads to limited pool

20230918N boardroom

In Japan, 30% of female outside directors and auditors serve multiple companies, compared with 15% of men. (Photo obtained by Nikkei)

RYOSUKE EGUCHI, Nikkei staff writer

TOKYO -- A growing number of outside directors in Japan are juggling posts at multiple companies as businesses fight over a limited pool, especially of women, with the right resume.

Of 14,331 individuals serving as an outside director or auditor for a Tokyo-listed company, 2,513 did so for two or more businesses, governance consultancy ProNed found, up roughly 40% from 2022.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.