Japan pledges to have women in third of top boardroom roles by 2030

theguardian.com:

Japan’s prime minister, Fumio Kishida, has said he wants almost a third of executive positions at the country’s top companies to be occupied by women by the end of the decade.

In an apparent attempt to address Japan’s poor record on gender equality ahead of the G7 leaders’ summit in Hiroshima next month, Kishida said more boardroom diversity would boost the world’s third-biggest economy.

“We seek to have the ratio of women among executives at 30% or more by 2030 in companies that are listed on the Tokyo stock exchange’s prime market,” Kishida told officials, including the minister of state for gender equality – who is male – at a meeting this week. His 19-member cabinet includes just two women.

“Securing diversity through promoting women’s empowerment, and enabling innovation as a result, is crucial to achieving new capitalism and an inclusive society,” Kishida added.

Japan has drawn criticism for the lack of women in senior positions in the private sector and in public life. Women represented only 11.4% of executives in major listed companies in Japan last year, according to a cabinet office survey, although the figure has been rising in recent years.

In politics, too, there are signs of progress, with parties attempting to recruit more women to run for office after a 2018 gender equality law required them to “make efforts” to select similar numbers of male and female candidates.

Although women occupy only about 10% of seats in the lower house of parliament, a record number of female candidates won seats in last summer’s upper house elections. 28% of upper house seats are held by women.

In another encouraging sign, Shoko Takahashi, a female member of a government panel, this week joined a meeting accompanied by her