Tadashi Yanai, the billionaire founder of Japan’s Uniqlo retail empire, has said that he would prefer his successor to be female Tokyo escorts
The 70-year-old’s Tokyo-listed retail clothing empire Fast Retailing is parent of the Uniqlo chain. Tadashi Yanai and his family own a 44% stake, putting their estimated net worth at over $29 billion.
As reported by Bloomberg Japan, Yanai said of his CEO role said “the job is more suitable for a woman,” adding that women “are persevering, detail-oriented and have an aesthetic sense.”
With a host of names rumored to be in the running for the firm’s top job, any successor would be joining a retailing empire with operating profit last year of $2.3 billion. more info
As talk of Uniqlo’s next CEO intensifies, Japan’s prime minister Shinzo Abe has spoken about the need to address the country’s shrinking workforce, and part of that concerns a better quality of work and more senior positions for women.
The World Economic Forum ranks Japan at No. 110 in its Global Gender Gap Index 2018 with a wage gap of 24.5% for women in 2017, compared with wages for a man in the same role.
In a 2019 report, the IMF slammed Japan for “not making progress in gender equality.” The IMF describes Japan’s gender gap ranking as “miserable,” although it does recognize a “slight improvement.”
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