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Factbox-Japan's small cohort of listed firms led by women

Anton Bridge
Updated ·2-min read
A man uses a laptop on a bench at a business district in Tokyo

By Anton Bridge

TOKYO (Reuters) -Japan Airlines' incoming president Mitsuko Tottori joins a sparse cohort of female executives leading Japanese firms.

While the number of all-male boards of directors in Japan Inc has fallen markedly in recent years, few women have been able to work their way up internally, highlighting the obstacles facing women aspiring to management.

Out of 1,836 companies listed on the Tokyo Stock Exchange's (TSE) "prime" market, only 15 firms, or less than 1%, were led by women, according to a Kyodo and Teikoku Databank study as of January 2023. One person has since stepped down and six companies with female CEOs have moved from the "prime" to "standard" markets.

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The proportion is higher at 8.3% for all Japanese companies including unlisted ones, but more than half of these female leaders had inherited a family business, according to a separate Teikoku Databank study released in November last year.

Below are the 14 companies listed on the TSE's "prime" market that were led by women as of January 2023. At some firms the top executive is the president, at others it is the chief executive. Market capitalisation data is from LSEG.

Company CEO/President Market Industry

cap (yen)

Yushin Precision Takayo Kotani 24.1 bn Industrial

Equipment robotics

YA-MAN Ltd Kimiyo Yamazaki 58.3 bn Beauty goods and

cosmetics

Stella Chemifa Aki Hashimoto 42.7 bn Chemicals

Corp processing

Takemoto Yohki Emiko Takemoto 9.7 bn Bottle

manufacturer

SUNNY SIDE UP Etsuko Tsugihara 8.9 bn Corporate PR

GROUP

teno. Holdings Hiroko Ikeuchi 2.4 bn Childcare services

JAC Recruitment Hiromi Tazaki 112.3 bn Recruitment

Trend Micro Eva Chen 1.2 trn Cybersecurity

Poppins Corp Maiko Todoroki 11.6 bn Childcare services

Midac Holdings Keiko Kato 51.6 bn Industrial waste

disposal

Imuraya Group Nobuko Nakajima 31.6 bn Food products

Hyper Inc Makiko Mochizuki 2.8 bn IT services

CMIC Holdings Keiko Oishi 50 bn Pharmaceutical

development

support

SWCC Corporation Takayo Hasegawa 93.5 bn Power cables

(Reporting by Anton Bridge; Editing by Miyoung Kim)