Japan firms fall woefully short of meeting government goals on women in management: Reuters poll

In this news, we discuss the Japan firms fall woefully short of meeting government goals on women in management: Reuters poll.

TOKYO (Reuters) – About a fifth of Japanese companies do not have female managers and most say women make up less than 10% of management, a monthly Reuters poll found, highlighting the struggle for the government campaign “Feminist” is progressing.

The survey results come as Japan delays its goal this year of increasing the share of women in leadership positions to 30% as part of the government’s campaign to empower women, dubbed “womenomics,” and in the face of the aging of the Japanese population.

The Reuters Corporate survey, conducted from September 29 to October 29. 8, found that 71% of Japanese companies said that women made up less than 10% of management, while 17% had no female managers.

When asked to what extent it is possible to increase female managers, 55% said about 10%, a quarter about 20%, one in 10 about 30%, while 5 % did not see a place for it.

“Regardless of gender, we should hire talented people and promote them on the basis of their merits, rather than prioritizing proportion,” a chemicals maker official wrote in the survey.

A director of a pulp and paper manufacturer wrote: “We hire more female graduates than men, but many women tend to leave the company after a while, which makes training difficult. of women executives.

The survey, conducted for Reuters by Nikkei Research, polled 485 large and medium non-financial companies. About 240 companies answered the questions on condition of anonymity.

The results were similar to those of the previous survey conducted in 2018.

Japan’s global gender parity ranking fell to 121st out of 153 countries in a World Economic Forum report for 2020.

New Prime Minister Yoshihide Suga’s 21-member cabinet has just two female ministers, and women make up just under 10 percent of all lawmakers in the powerful lower house of parliament.

While seeking to follow the policies of his predecessor Shinzo Abe, including responding to the coronavirus pandemic, Suga has pledged to allow insurance coverage for expensive fertility treatments.

When it comes to the impact of the pandemic on jobs and wages, 47% of Japanese companies have suffered, which has prompted many to curb hiring, cut wages, and cut staff. , according to the survey.

A third of companies expect employment to remain below pre-pandemic levels by year-end, while a slim majority, 52% of companies, saw capital spending under -estimate their initial plans, slowing down the prospects for sustained economic recovery.

Reporting by Tetsushi Kajimoto; Editing by Muralikumar Anantharaman

Original © Thomson Reuters

Originally posted 2020-10-14 07:16:10.

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