Daily BriefsJapan

Daily Brief Japan: Tokyo Stock Exchange Tokyo Price Index Topix and more

In today’s briefing:

  • More Companies Are Hiring Women Directors, but to Solve the Fundamental Problem of Diversity

More Companies Are Hiring Women Directors, but to Solve the Fundamental Problem of Diversity

By Aki Matsumoto

  • It shows that many companies still do not recognize the importance of diversity and that the hiring of women independent directors is merely a numbers game.
  • In Japan, there is the belief that a close-knit organization is more effective in achieving its goals, and there is a practice of excluding different opinions by emphasizing homogeneity.
  • In addition to the repeated disregard for women’s rights, the deep-seated problem of accepting this disregard is the reason diversity has not truly progressed.

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