Independent Leading Corporate Governance Research

Metrical Inc

METRICAL INC. is an independent leading Corporate Governance research firm in Japan where Corporate Governance is increasingly recognized as an important element on corporate management in these days. Thus, CG research and solutions would become an essential component of global capital markets and play important to contribute to transparency of the markets and maximize shareholders’ value in Japan. 

METRICAL INC. provides Corporate Governance research and analysis including rating services, and  also offers investment research and IR services with solutions and customized profound research on CG and IR issues.

A Case Study of How Nothing Will Change Unless Management Changes

Limited Number of Business Types with Great Opportunities for Women Is at Heart of the Problem

Time-Buying and Political Agendas Prevent Effective Measures to Raise the % of Female Board Members

Amid Slow ROE Improvement, Calls for Stronger Shareholder Returns Will Become Even Stronger

Gender Wage Gap Has Structural Problems and a Less than Positive Attitude of Companies

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>It'll be practical to appoint a female director from outside company at coming AGM and replace them with women when the terms of 2 current male statutory auditors each expire.</li>
<li>With Canon's current ratio of female managers at 3.6%, it will take time for the current female non-statutory executive officers to leapfrog a number of seniors to board positions.</li>
<li>Since Mr. Mitarai will be 95 years old in 2030, a full-fledged change in board composition is required, including the appointment of non-Japanese directors, rather than just "matching numbers.”</li>
</ul>


It'll be practical to appoint a female director from outside company at coming AGM and replace them with women when the terms of 2 current male statutory auditors each expire.
With Canon's current ratio of female managers at 3.6%, it will take time for the current female non-statutory executive officers to leapfrog a number of seniors to board positions.
Since Mr. Mitarai will be 95 years old in 2030, a full-fledged change in board composition is required, including the appointment of non-Japanese directors, rather than just "matching numbers.”


A Full-Fledged Change in Board Composition, Not Just "Matching Numbers," Is Required

Canon Inc

A Full-Fledged Change in Board Composition, Not Just "Matching Numbers," Is Required