Japan Compels Businesses to Disclose Gender Pay, Equity Gaps

Japan is taking a step toward naming and shaming companies that lag in promoting equality of the sexes, requiring that they disclose gender gap metrics in their annual reports.

In one of the country’s first mandated disclosures of environmental, social and governance data, publicly listed companies will have to break out the share of women in managerial positions and the gender wage gap in annual financial reports beginning with the fiscal year that ends in March 2023.

Activists have applauded the plan, but they say it will take much more to bring about gender equity in a country that ...