30% Club Japan Launched to Increase Women at Company Boards

Economy

Tokyo, May 6 (Jiji Press)--The 30% Club, founded in Britain, recently launched a Japanese chapter after making a major contribution to boosting female representation on company boards in 13 economies.

The 30% Club Japan aims to achieve 10 pct representation on the boards of 100 major companies listed on the Tokyo Stock Exchange by 2020 and 30 pct representation by 2030.

As of April 23 this year, the chapter had 30 members including corporate leaders, such as Shiseido Co. <4911> President Masahiko Uotani, Daiwa Securities Group Inc. <8601> Chairman Takashi Hibino and Hitachi Ltd. <6501> President Toshiaki Higashihara.

Companies with 30% Club Japan members will set their own targets and deadlines to increase women on their boards.

The chapter's members also include executives of institutional investors. Their companies will encourage businesses they invest in to take steps to shore up female representation on their boards.

[Copyright The Jiji Press, Ltd.]

Jiji Press