Japan Inc seen struggling to boost female executive ranks - Reuters poll

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Japan Inc seen struggling to boost female executive ranks - Reuters poll
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TOKYO : An overwhelming majority of Japanese firms think it would be difficult or impossible to fill at least 30 per cent of executive positions with women by 2030, a Reuters poll showed. The results underscore the challenge the world's third-largest economy faces to close its gender gap. Japanese Prime M

TOKYO : An overwhelming majority of Japanese firms think it would be difficult or impossible to fill at least 30 per cent of executive positions with women by 2030, a Reuters poll showed.

The latest initiative to raise female management participation was announced to boost female roles from 2.2 per cent as of July 2022. The results reflect the lack of momentum in Japan towards enhancing the role of women in the workforce to improve diversity and boost economic growth. Japan's biggest business lobby, Keidanren, launched a similar initiative in 2020. Respondents to a Reuters survey two years ago were also pessimistic of expanding their female executive ranks.Although there are young women in positions with the prospect of promotion, there is a lingering impact from older hiring practices that tended to allocate general office work to women, said a manager at a chemical company.

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