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.

Success Experiences Will Be Necessary for IR to Function

Expect Gradual Improvement in the Quality of Listed Companies as More Companies Go Private

Few Companies Include ROE and ROIC as KPIs in Their Mid-Term Management Plans

Can TSE's “Examples of Bad Disclosures” Help Companies Shift to Shareholder-Oriented Management?

"TSE's Request” Catalyzes and Attracts Activist Investors to Invest

MBOs Will Rise, Even if Companies and Funds Are Sleeping in the Same Bed but Having Different Dreams

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>It's progress that more companies are including ROE and ROIC as KPIs in mid-term management plans. On the other hand, it's true that many disclosures are misaligned with investors' perspectives.</li>
<li>As a result of not taking action on problem businesses, it’s often the case that deteriorating environment increases losses of the business, leading to revision of the “medium-term management plan.”</li>
<li>Investors are more likely to portray corporate value if a company provides measures for problem solving and growth, and reliable execution, rather than goals that are uncertain to be achieved.</li>
</ul>


It's progress that more companies are including ROE and ROIC as KPIs in mid-term management plans. On the other hand, it's true that many disclosures are misaligned with investors' perspectives.
As a result of not taking action on problem businesses, it’s often the case that deteriorating environment increases losses of the business, leading to revision of the “medium-term management plan.”
Investors are more likely to portray corporate value if a company provides measures for problem solving and growth, and reliable execution, rather than goals that are uncertain to be achieved.


A Guide May Be Offered to Disclose MTPs that Focus More on Strategy Rather than Matching Numbers

TSE Tokyo Price Index TOPIX

A Guide May Be Offered to Disclose MTPs that Focus More on Strategy Rather than Matching Numbers