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.

What Do Managers Realize After Going Private?

To Make the TSE Prime Market in Line with the Original Concept of the Market

Markets Serving as a Landing Place for Companies Failing to Meet Listing Criteria Will Lose Quality

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

Raising the Standard of Discipline Among Companies Listed on the Standard Market Is Crucial

To Improve the Quality of Listed Companies, Every Effort to Promote Going Private Is Necessary

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Listing means validating corporate value through market value, and choosing listing market expands opportunities to increase market value. Companies changing markets to maintain listing that lead to declining market value.</li>
<li>When transitioning to a market with lower trading liquidity, strategies for maintaining and increasing market value (shareholder value) after the market change should also be discussed in the board meetings.</li>
<li>Since maintaining a public listing, delisting, or changing stock exchanges are matters that affect shareholder interests, conducting thorough discussions is one of the board directors’ fiduciary duties.</li>
</ul>


Listing means validating corporate value through market value, and choosing listing market expands opportunities to increase market value. Companies changing markets to maintain listing that lead to declining market value.
When transitioning to a market with lower trading liquidity, strategies for maintaining and increasing market value (shareholder value) after the market change should also be discussed in the board meetings.
Since maintaining a public listing, delisting, or changing stock exchanges are matters that affect shareholder interests, conducting thorough discussions is one of the board directors’ fiduciary duties.


Doesn't the Company Think that once It Moves to a Market with Lax Listing Criteria, It's All Over?

TSE Tokyo Price Index TOPIX

Doesn't the Company Think that once It Moves to a Market with Lax Listing Criteria, It's All Over?