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.

Few Shareholder Proposals Have Passed, but the Chances of Them Passing Are Gradually Increasing

Isn't the Debate over the Amendment to the Companies Act Failing to Learn from past Mistakes?

What Are the Reasons Japanese Companies Cannot Overcome the Drawbacks of Traditional Management?

What Kind of Companies Raised Their Stock Valuations After TSE's Request?

Focus on How Practices Improve for Value Creation, Not Whether Improved Practices Helps Create Value

Both Statutory Nomination Committee and BODs Chaired by Outside Directors Are in the 2% Range

As for the Amount Eligible for Profit Distribution Under the Rules, That’s One Thing...

Avoid Letting Companies Fall into Formalism by Aligning Evaluation with Investors' Perspectives

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>While improving board practices may create value, we should assume that key actions can directly impact on value creation, improving value creation can, in turn, influence improvements in board practices.</li>
<li>Even if a Board of Directors Secretariat is established, many companies will simply set up such a department as a formality, out of a sense of obligation to follow suit.</li>
<li>Outside directors taking the initiative in board meetings is very important. To that end, in companies where outside directors constitute a majority, an outside director should serve as chair.</li>
</ul>


While improving board practices may create value, we should assume that key actions can directly impact on value creation, improving value creation can, in turn, influence improvements in board practices.
Even if a Board of Directors Secretariat is established, many companies will simply set up such a department as a formality, out of a sense of obligation to follow suit.
Outside directors taking the initiative in board meetings is very important. To that end, in companies where outside directors constitute a majority, an outside director should serve as chair.


For Outside Directors to Fulfill Duties as Independent Directors—rather than Simply Acting as Guests

TSE Tokyo Price Index TOPIX

For Outside Directors to Fulfill Duties as Independent Directors—rather than Simply Acting as Guests