Speaking during a special address at the 44th World Economic Forum Annual Meeting, Japan Prime Minister Shinzo Abe described his country's female workforce as its most "under-used resource".
He said that his intention is to make Japan a place where women shine and this would be done by ensuring 30 per cent of all senior leadership posts by 2020 be occupied by women.
According to him, Japan's gross domestic product (GDP) could grow by 16 per cent if women were as active in the economy as men.
Moreover, Abe said that Japan intended to encourage diversity in the labour force by making it easier for foreign workers to enter the country.
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"Collaboration between the public and the private sector is imperative for bringing more talent into the workforce and into leadership roles - and that is what the Task Forces seek to do," Saadia Zahidi Senior Director Head of Gender Parity and Human Capital World Economic Forum said.
In Korea, women's participation is 54 per cent, men's is 75 per cent. Women hold 10 per cent of leadership roles.