May 23 (Kyodo) - A panel to the Japanese financial regulator gave the green light Monday for a proposal requiring listed companies to disclose any gender gaps in their workforce in line with Prime Minister Fumio Kishida's aim of addressing Japan's gender pay inequality, one of the worst among developed countries.
Under the rules approved by the panel on corporate disclosure, the Financial Services Agency will require 4,000 or so listed firms in the country to include gender disparities in pay, management jobs, and the rate of male employees taking child-care leave in their annual financial reports. ...continue reading