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.

Isn't Long-Term Human Resource Strategy More Necessary than Immediate Solution to Labor Shortage?

No Consistent Relationship Between Executive Compensation and Stock Price/ Earnings Has Been Seen

Gender Wage Gap Has Structural Problems and a Less than Positive Attitude of Companies

Less Positive Disclosure Regarding the Gender Wage Gap Is Evidence of Less Positive Reasons

Mandatory Disclosure of Gender Wage Differentials Is Still a First Step

Can the Gender Wage Gap Be Solved Simply by Investors Demanding Improvements from the Company?

Few Companies Are Serious About Ensuring Board Diversity, Spoiled by Lax "Effort Targets"

Awareness of ROE Has Increased, but Now at the Stage of Implementing Short-Term Measures

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Since very few companies disclosed challenges, efforts to resolve them and progress, it’s unlikely that 'gender pay gap' will be disclosed in convincing manner, with this being the only exception.</li>
<li>Japan's Law for the Promotion of Women's Activities does not prohibit gender discrimination and is not legally binding on gender equality, so the wage gap is only an effort target.</li>
<li>While some proactive companies may accelerate their efforts as disclosures reveal gender pay gap, many are likely to move at modest pace to match the pace of those around them.</li>
</ul>


Since very few companies disclosed challenges, efforts to resolve them and progress, it’s unlikely that 'gender pay gap' will be disclosed in convincing manner, with this being the only exception.
Japan's Law for the Promotion of Women's Activities does not prohibit gender discrimination and is not legally binding on gender equality, so the wage gap is only an effort target.
While some proactive companies may accelerate their efforts as disclosures reveal gender pay gap, many are likely to move at modest pace to match the pace of those around them.


How Much Can 'effort Targets' Speed up the Narrowing of the Gender Pay Gap?

TSE Tokyo Price Index TOPIX

How Much Can 'effort Targets' Speed up the Narrowing of the Gender Pay Gap?