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.

Focus on How Practices Improve for Value Creation, Not Whether Improved Practices Helps Create Value

Does the “curse” of Secured Loans Still Influence the Mindset of Managers Today?

For Outside Directors to Fulfill Duties as Independent Directors—rather than Simply Acting as Guests

Avoid Letting Companies Fall into Formalism by Aligning Evaluation with Investors' Perspectives

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

Both the Reduction in Cash on Hand and the Reduction in Policy-Held Shares Are Still Underway

Are Investors Prepared for the Upcoming Formalization of Corporate Governance Practices?

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Under Companies Act, the amount available for profit distribution is based on parent company profits; however, with increased holding companies, parent companies alone often cannot accurately reflect actual business operations.</li>
<li>As an initiative by the company to address the discrepancy between these rules and actual business practices, the use of “reversal of capital reserves” is a commendable approach.</li>
<li>It's certainly true that many companies don't yet provide sufficient shareholder returns. Meantime, investors want to hear about companies’ investment plans and cash allocation strategies aimed at increasing corporate value.</li>
</ul>


Under Companies Act, the amount available for profit distribution is based on parent company profits; however, with increased holding companies, parent companies alone often cannot accurately reflect actual business operations.
As an initiative by the company to address the discrepancy between these rules and actual business practices, the use of “reversal of capital reserves” is a commendable approach.
It's certainly true that many companies don't yet provide sufficient shareholder returns. Meantime, investors want to hear about companies’ investment plans and cash allocation strategies aimed at increasing corporate value.


As for the Amount Eligible for Profit Distribution Under the Rules, That’s One Thing...

TSE Tokyo Price Index TOPIX

As for the Amount Eligible for Profit Distribution Under the Rules, That’s One Thing...