Japan Aims for Women to Make Up 30% of Directors at Top Firms
- Japan will push Tokyo Stock Exchange to create rules
- Firms will be pressed to compile action plan to meet targets
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Japan will aim to have women make up at least 30% of directors at major firms by 2030, according to a draft plan issued by the Gender Equality Bureau that said more diversity can contribute to innovation and growth.
The government will press for the target to be included in the regulations for companies listed on the Prime Market Index of the Tokyo Stock Exchange, according to the document that was released Monday. The first step would be to require at least one woman on the board of all the index’s firms by 2025.