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.

Behind the Issue of Population Decline Is Also the Issue of Human Rights

Legislation to Promote Women Directors Is the Solution, but the Root Cause Is Why It Cannot Be Done

How Long Will Small Modifications Continue, Avoiding Discussion of the Essential Issues?

Sustainability Reporting Is Expected to Share Valuable Information, Not PR Magazine Type Information

Human Capital Measures Should Not Be a Case Of "Plowing the Field and Forgetting the Seeds”

A Shortcut to a Solution Is to Specify in Corporate Governance Code the ％ of Women to Be Promoted

Trial and Error Continues for Investment Managers to Enhance Disclosure for Resuming ESG Fund Sales

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The items to be disclosed by 300 listed companies with active women are expected to be disclosed in the Human Capital section of the Sustainability section of Annual Securities Report.</li>
<li>Investors will now decide whether these disclosure items have an impact on their investment or whether they need to seek disclosure of further material factors.</li>
<li>In Metrical universe, the ratio of female executives is also useful for investment tips, as it has been found to have a significant positive correlation with ROA and Tobin's q.</li>
</ul>


The items to be disclosed by 300 listed companies with active women are expected to be disclosed in the Human Capital section of the Sustainability section of Annual Securities Report.
Investors will now decide whether these disclosure items have an impact on their investment or whether they need to seek disclosure of further material factors.
In Metrical universe, the ratio of female executives is also useful for investment tips, as it has been found to have a significant positive correlation with ROA and Tobin's q.


As Human Capital Disclosures Increase, Expect to Find More Interesting Relationships for Investment

TSE Tokyo Price Index TOPIX

As Human Capital Disclosures Increase, Expect to Find More Interesting Relationships for Investment