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.

TSE Growth Market Reforms Also Expected to Be Effective in “Request”

Effectiveness of MBO Special Committee Is Linked to Effectiveness of Independent Directors

Activist Investors Will Focus Their Approach More on Whole Assets that Aren't Being Used Effectively

Japan Market Attractive for PE Investment Despite Low Profit Growth

"Danger Past, God Forgotten" How Long Will the Effect of TSE's Request Last?

Companies Should Consider All Options, Not Just Maintaining Their Listing

Activist Investors with Increased AUM Will Also Likely Target Larger Companies for Investment

The Strategy Is More Important than Whether the Mid-Term Business Plan and the Actual Are Blurred

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>While the homework imposed on companies has been increasing year by year, TSE's market restructuring and “request to raise P/B” have made companies directly aware of the cost of listing.</li>
<li>MBO is a company's choice to go private as a result of the cost of maintaining a public listing. Many companies have yet to reach this conclusion.</li>
<li>The conversion of listed subsidiaries into wholly owned subsidiaries is a conclusion that has finally been reached; 230 listed subsidiaries will have to come to some conclusion eventually.</li>
</ul>


While the homework imposed on companies has been increasing year by year, TSE's market restructuring and “request to raise P/B” have made companies directly aware of the cost of listing.
MBO is a company's choice to go private as a result of the cost of maintaining a public listing. Many companies have yet to reach this conclusion.
The conversion of listed subsidiaries into wholly owned subsidiaries is a conclusion that has finally been reached; 230 listed subsidiaries will have to come to some conclusion eventually.


Going Private Is Not a Problem for a Special Company, but a Common Problem for All Listed Companies

TSE Tokyo Price Index TOPIX

Going Private Is Not a Problem for a Special Company, but a Common Problem for All Listed Companies