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A big getting older downside within the nation’s enterprise sector is turning into obvious, with the typical age of Japanese firm chief executives having elevated for 33 consecutive years as of final 12 months, in keeping with not too long ago launched analysis. This pattern suggests challenges lie forward in guaranteeing a easy enterprise succession to the subsequent technology of leaders.
As of December final 12 months, the typical age of such leaders stood at 60.5 years previous, up by 0.1 level from the earlier 12 months, Tokyo-based analysis agency Teikoku Databank stated Friday.
Since Teikoku Databank started monitoring the problem in 1990, the determine has repeatedly elevated. In 1990, the typical age was 54. The analysis was based mostly on the agency’s database of about 1.47 million home corporations.
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