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===Demographics=== The age of board members has become a notable trend across global stock exchanges, reflecting an increasingly older demographic in leadership roles. As of 2025, the average age of board members of companies listed on the Tokyo Stock Exchange stands at 62.2 years, while the United Kingdom reports an average of 60.1 years, Germany 59.3 years, South Korea 59 years, and Hong Kong 54.9 years. New York Stock Exchange companies exhibit the highest average age, at 62.9 years. In response to this aging trend, some firms, particularly those in entertainment and trend-driven sectors, have actively sought to appoint younger board members. An example is [[Sanrio]], the Japanese company behind the [[Hello Kitty]] franchise, which reduced the average age of its board from 68 years in 2020 to 51 years by 2024, signaling a deliberate intergenerational shift in governance.<ref>{{cite web | title=As Japan's boardrooms gray, Sanrio bucks trend with younger directors | website=Nikkei Asia | date=2025-02-23 | url=https://asia.nikkei.com/Business/Companies/As-Japan-s-boardrooms-gray-Sanrio-bucks-trend-with-younger-directors | access-date=2025-02-24}}</ref>
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