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.

How Long Will This Phase of Increasing the Effectiveness of Shareholder Return Policies Continue?

Revised Corporate Governance Code: Who Will Breathe Life Into It...

The Fundamental Issue of Submitting Annual Securities Reports Prior to AGMs Has yet to Be Discussed

The Root Cause Is Often a Lack of Understanding of the Underlying Premise

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Many companies hold AGMs in June but cannot disclose their securities reports at least three weeks in advance of AGM. In other words, many companies are facing the same problem.</li>
<li>The AGM date and the pre-AGM disclosures in the securities report serve as a litmus test for whether management is engaging with shareholders and conducting business from their perspective.</li>
<li>It may be that activist investors have begun to realize that the date of the AGM and the pre-AGM disclosure of securities reports are fundamental to corporate governance practices.  </li>
</ul>


Many companies hold AGMs in June but cannot disclose their securities reports at least three weeks in advance of AGM. In other words, many companies are facing the same problem.
The AGM date and the pre-AGM disclosures in the securities report serve as a litmus test for whether management is engaging with shareholders and conducting business from their perspective.
It may be that activist investors have begun to realize that the date of the AGM and the pre-AGM disclosure of securities reports are fundamental to corporate governance practices.  


Are Activist Investors Starting to Realize What's Key to Improving Corporate Governance Practices?

TSE Tokyo Price Index TOPIX

Are Activist Investors Starting to Realize What's Key to Improving Corporate Governance Practices?