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.

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Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Under the revised Corporate Governance Code, improvements are expected only from 6.9% companies that disclosed information on or after their AGM. For all other companies, compliance has become voluntary targets.</li>
<li>Investors want to change the record date so that AGM is held in July or later, when AGMs aren't concentrated. It's the companies that are stubbornly refusing to do so.</li>
<li>While continuing to avoid facing shareholders, it is hard to imagine that the company can engage with investors. Investors, in turn, should press the company more strongly on this issue.</li>
</ul>


Under the revised Corporate Governance Code, improvements are expected only from 6.9% companies that disclosed information on or after their AGM. For all other companies, compliance has become voluntary targets.
Investors want to change the record date so that AGM is held in July or later, when AGMs aren't concentrated. It's the companies that are stubbornly refusing to do so.
While continuing to avoid facing shareholders, it is hard to imagine that the company can engage with investors. Investors, in turn, should press the company more strongly on this issue.


Doesn't the Revised Corporate Governance Code Amount to Giving Listed Companies a Free Pass?

TSE Tokyo Price Index TOPIX

Doesn't the Revised Corporate Governance Code Amount to Giving Listed Companies a Free Pass?