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.

With Transitional Measures Ending, Improving the Quality of Existing Listed Companies Will Be Key

Dissolution of Parent-Subsidiary Listing Is Just Beginning. Included Affiliates, It'll Grow Further

The Postponement of the Parent-Subsidiary Listing Issue Provides Further Investment Opportunities

TSE Growth Market Reforms Also Expected to Be Effective in “Request”

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

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The reason for slower reforming Growth Market seems to weigh on consideration for companies undergoing IPO review and coordination with stakeholders in IPO business. The investor's perspective is missing here.</li>
<li>Growth market listed companies that do not receive overseas investor engagement have more difficulty than prime market companies in raising their market capitalization to meet listing retention criteria.</li>
<li>Behind the failure to grow after IPOs are many managers who view IPO as place to cash in their equity rather than place to obtain the capital needed for growth.</li>
</ul>


The reason for slower reforming Growth Market seems to weigh on consideration for companies undergoing IPO review and coordination with stakeholders in IPO business. The investor's perspective is missing here.
Growth market listed companies that do not receive overseas investor engagement have more difficulty than prime market companies in raising their market capitalization to meet listing retention criteria.
Behind the failure to grow after IPOs are many managers who view IPO as place to cash in their equity rather than place to obtain the capital needed for growth.


Common Attitudes Toward IPOs Are Found in Parent-Subsidiary Listings

TSE Tokyo Price Index TOPIX

Common Attitudes Toward IPOs Are Found in Parent-Subsidiary Listings