I'm not a feminist, I am a humanist. I think we're all humans and we should all be treated with dignity and respect, regardless of whether we've got a pole or a hole between our legs.
Vexx has the right of things. While most Japanese fiction media ranges from mildly to horribly sexist by Western standards, when measured against their own yardstick, it tends to fare a lot better.
Personally I believe that most bog-standard "shoujo" (and josei, as well) stories
are rather sexist, exemplifying and encouraging a female ideal that is extremely appealing to the patriarchy. If little girls have that as their role models when young, they just might be more "perfect wife" material later on.
Needless to say, I hate those kinds of shoujo stories.