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.

Shareholding Ratio of Foreigners Stood at 34.7%, Hitting Record High for the 3rd Consecutive Year

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?

Japanese Stocks, Despite Liquidity Challenges, Offer Many Investment Targets for Activist Investors

Unable to Make Decisions and Postponing Matters Is Why Market Quality Can't Be Improved More Quickly

Change in Shareholder Composition Acts as Catalyst for Shifts in Mindset To Management Improvement

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>In 2025, increased buying by overseas investors resulted from correcting underweight positions in Japanese stocks. However, compared globally, challenges remain that few companies offer superior capital profitability and growth potential.</li>
<li>For further buying of Japanese stocks, more companies must emerge where capital profitability and growth potential show significant upside, despite not yet delivering results that enhance corporate value.</li>
<li>Overseas investors' net buying may have increased the foreign ownership, and due to the effects of overseas investor engagement, companies showing management changes will likely emerge in 2026 as well.</li>
</ul>


In 2025, increased buying by overseas investors resulted from correcting underweight positions in Japanese stocks. However, compared globally, challenges remain that few companies offer superior capital profitability and growth potential.
For further buying of Japanese stocks, more companies must emerge where capital profitability and growth potential show significant upside, despite not yet delivering results that enhance corporate value.
Overseas investors' net buying may have increased the foreign ownership, and due to the effects of overseas investor engagement, companies showing management changes will likely emerge in 2026 as well.


Foreign Investors' Net Buy in 2025 May Lead to Companies Showing Management Changes Emerging in 2026

TSE Tokyo Price Index TOPIX

Foreign Investors' Net Buy in 2025 May Lead to Companies Showing Management Changes Emerging in 2026