New Report Shows Rise in Percentage of Female President-led Companies in Japan

A new report has been released recently by Teikoku Databank. The report reveals that the percentage of women president-led companies continue to grow in 2024 with a hitting rate of 8.4% from 8.3% from 2023 and 8.0% from 2020.

Considering the growth from 1990, the ratio has almost doubled in number, as per the report. In addition, the information’s largest commercial repository on Japanese companies is being carried by Teikoku Databank that includes businesses that are privately held. The women in leadership report by the company is entirely based on entries that covered a total of 1.19 million companies.

Third Arrow Strategies and the Japan Board Diversity Network Founder CEO and Tracy Gopal said, “There's a huge difference in being the CEO of a small company and leading as the face of corporate Japan.”

She added, “If we don't make corporate life attractive, then there's going to be no women in corporate Japan,” Gopal said. “As the opportunities broaden, that whole traditional salary ecosystem needs to evolve. It needs to be more entrepreneurial, more exciting, more flexible, less hierarchical, more merit based.”

The rise in the percentage of these companies shows a positive side of Japan where women are growing and putting themselves in the forefront.