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Business trends

Japan companies hungry for more business experience on boards

Shareholders press for more real-world skills from outside directors

The number of outside directors at listed Japanese companies has risen in recent years. Now companies are under pressure to appoint people with more management experience.

TOKYO -- Japan's listed companies are increasingly eager for people with senior management experience to sit on their boards as outside directors. With large shareholders such as asset managers pressing the companies they invest in to appoint directors with proven business acumen, the trend looks likely to continue.

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