The percentage of companies led by women presidents continues to rise, hitting 8.4% in 2024, up from 8.3% the previous year and 8.0% in 2020, according to a report released Friday by Teikoku Databank.

Since 1990, the ratio has almost doubled.

Teikoku Databank has the largest commercial repository of information on Japanese companies, including privately held businesses. Its report on women in leadership roles is based on entries covering 1.19 million companies.