ACGA Open Letter: Gender Diversity in TSE Prime Market Boards

On 19 October 2022, ACGA released an open letter on gender diversity on Japan’s Tokyo Stock Exchange (TSE) Prime market.

In this letter we suggest a series of targets for achieving faster and higher levels of board gender diversity via two pathways: the TSE listing rules, with a particular focus on TSE Prime companies, and the Corporate Governance Code (CG Code). We also recommend a number of supporting governance and managerial measures to assist in meeting these targets.