Japan falls behind on women in boardrooms as Europe makes strides

Lack of diversity at top threatens to drive away ESG-focused investors

20220608N Japan women directors

Women make up 12.6% of board seats in Japan -- significantly less than in other developed economies. (Photo by Nozomu Ogawa)

EIKI HAYASHI and KOHEI YAMADA, Nikkei staff writers

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.

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