Business | May 21

Naomi Koshi is elevating women in Japan's corporate world

May 21 (TIME) - Naomi Koshi remembers handing out flyers outside a train station during her second mayoral campaign in 2016, when an older man walked up to her and said, “You are too strong for a woman,” and kicked her.

She was shocked; she’d already spent four years serving as Japan’s youngest female mayor—one of just a few female mayors in the country—and ultimately won her second term. “I felt that sometimes people hate strong women,” she says, reflecting on a cultural dynamic that, by holding back half of its population, also holds back Japan. Koshi was determined to help change it.

Japan is one of the world’s richest, most advanced societies; it’s the third largest economy, beating out countries with much larger populations. But its own population is shrinking, and the nation’s economic growth has been stagnant. Household income is down. Fumio Kishida, who became Prime Minister in late 2021, has promised to usher in an era of “new capitalism” to drive faster economic growth and higher wages, but it’s not yet clear how he will address what Koshi believes to be the linchpin of the problem: Japanese women are woefully underrepresented in business. ...continue reading


MORE Business NEWS

Four victims of imposter scams have sued the Japan unit of US IT giant Meta for damages, saying the operator of Facebook and Instagram has failed to verify the authenticity of social media ads. (NHK)

Mitsuko Tottori, the first female president of a major airline in Japan, discusses her strategies for promoting diversity within Japan Airlines during a recent interview.

The inaugural meeting of a national expert panel focused on mass-producing hydrogen fuel cell trains, viewed as viable alternatives to diesel engines in rural areas, was held recently, as part of the initiative to achieving carbon neutrality by 2050.

POPULAR NEWS

Japan's Cabinet Office's Government Public Relations Office recently stirred controversy with a social media post showcasing an overly lavish depiction of school lunches, leading to a public outcry over the authenticity of the meals presented.

Tokyo's Shinagawa district welcomes a new landmark with the grand opening of the Gotanda JP Building on Friday, April 26, featuring a dog-friendly hotel by Hoshino Resort, co-working spaces, and a vibrant culinary scene.

Starting this Saturday, 'SusHi Tech Tokyo 2024' begins a month-long showcase of Japan's advanced technologies, featuring attractions such as self-driving carts styled as futuristic floats and projection mapping installations, all available to the public for free.

Japanese company Smile-Up, the former talent agency known as Johnny & Associates, says it has sent a letter of protest to Britain's public broadcaster BBC over its program on sexual abuse by its late founder. (NHK)

A private organization has revealed that approximately 40% of the national municipalities, totaling 744, could potentially disappear by 2050 due to declining populations.

FOLLOW US