There are only 13 female chief executive officers across approximately 1,600 top-listed companies in Japan, a survey by Kyodo News revealed on Monday, demonstrating that the Asian country is still slow in increasing diversity among its corporate decision-makers.
The lack of progress in appointing female CEOs is due partly to the hiring of top officers from outside businesses rather than promoting internally, said Ryusuke Ishii, a manager at the Japan Research Institute. Excluding 29 firms that have been listed at the market’s top tier for less than five years, the number of female CEOs at 1,614 Prime Market companies remained at between seven and nine for three years through fiscal 2022, the survey showed.
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