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.

Foreign Investors' Net Buy in 2025 May Lead to Companies Showing Management Changes Emerging in 2026

Now Investors Can Communicate with Company Managers in Common Language, Deep Discussions Will Follow

Now, with Stock Prices Rising, It's Time to See if Companies Truly Learned About the Cost of Capital

Valuations Will Rise when the Management Changes To "Maximizing Shareholder Interest"

Unable to Make Decisions and Postponing Matters Is Why Market Quality Can't Be Improved More Quickly

Combining Equity Method Affiliates and Founder Family Companies Provide Sufficient Number of Targets

Amid the Spotlight Triggered by TSE's Request, Some Companies Are Shifting into the Shadows

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Relying solely on management's self-help efforts to raise capital profitability yields no tangible results. Therefore, going private is expected to be the most direct path to enhancing corporate value.</li>
<li>When the risk of company proposals being rejected at AGM is low, management becomes less motivated to implement improvements.A change in shareholder composition can serve as a catalyst for change.</li>
<li>In mutual funds modeled after activist funds by asset managers, making shareholder proposals is unlikely, and questions remain on proxies would be exercised. This depends on effectiveness of “remora” approach.</li>
</ul>


Relying solely on management's self-help efforts to raise capital profitability yields no tangible results. Therefore, going private is expected to be the most direct path to enhancing corporate value.
When the risk of company proposals being rejected at AGM is low, management becomes less motivated to implement improvements.A change in shareholder composition can serve as a catalyst for change.
In mutual funds modeled after activist funds by asset managers, making shareholder proposals is unlikely, and questions remain on proxies would be exercised. This depends on effectiveness of “remora” approach.


Change in Shareholder Composition Acts as Catalyst for Shifts in Mindset To Management Improvement

TSE Tokyo Price Index TOPIX

Change in Shareholder Composition Acts as Catalyst for Shifts in Mindset To Management Improvement