Japan's attempts to create "a society in which women shine" are falling short, according to the World Economic Forum's annual gender equality ranking.

The nation placed 121st out of the 153 countries in the rankings released Tuesday — a record low — performing by far the worst among the Group of Seven major economies.

Japan's worsening gender equality as detailed by the Swiss-based organization's report is sure to be a source of embarrassment for the administration of Prime Minister Shinzo Abe, who has long proclaimed to be pushing for an increased female presence in leadership positions.