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.

The Key Is when the Next Move Will Come that Steers Away from Increasing Cash on Hand

Many Companies Still Miss Opportunities to Deepen Investors' Understanding of Business Strategies

What Is More Important in Promoting "Effective Investor Relations"?

Investors Are Less Interested in Companies that Generate Little Cash Despite Shareholder Returns

An Option for Implementing Serious Corporate Governance Reforms to Achieve Results Are...

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Given the fact that disclosure alone failed to raise stock valuations over three years, it can be assumed that many companies still prioritize compliance with TSE over consideration for shareholders.</li>
<li>Many companies have only recently begun incorporating capital allocation, cost of capital, and capital profitability into disclosures, so it'll take a little while longer for the results to become apparent.</li>
<li>Without serious showdown with investors driven by exercising voting rights, it's doubtful whether genuine management reform can be achieved. Without a sense of urgency in management, change will not occur.</li>
</ul>


Given the fact that disclosure alone failed to raise stock valuations over three years, it can be assumed that many companies still prioritize compliance with TSE over consideration for shareholders.
Many companies have only recently begun incorporating capital allocation, cost of capital, and capital profitability into disclosures, so it'll take a little while longer for the results to become apparent.
Without serious showdown with investors driven by exercising voting rights, it's doubtful whether genuine management reform can be achieved. Without a sense of urgency in management, change will not occur.


Companies Still Prioritize Compliance with the TSE over Consideration for Shareholders Interest

TSE Tokyo Price Index TOPIX

Companies Still Prioritize Compliance with the TSE over Consideration for Shareholders Interest