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.

The Effectiveness of BOD Is the Most Critical Factor in Implementing Initiatives that Create Value

Since This Revision Solely Seeks Substantive Enhancement, Achieving Effectiveness Will Be Difficult

Although It'll Take Time, There's No Need to Be Pessimistic if Management Reform Is Finally Underway

Disclosing Sufficient Information Prior to the AGM May Bring About Change

Investment Opportunities in the Standard Market that Involve TOBs and MBOs Continue to Increase

We Can’t Expect Companies that Can't Disclose Cash Allocation This Year to Do so Starting Next Year

Managers Will Be Asked Whether They Explained to Investors Why Equity Financing Is the Best Option

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Unless stock valuation and its underlying capital profitability are linked to target-setting, and specific measures are established regarding “how much by when,” companies will unlikely move beyond the past.</li>
<li>Companies from varied backgrounds are listed on Standard Market, and many appear to lack not only the necessary resources and expertise but also a sense of the need for disclosure.</li>
<li>Reports indicate that there's a discrepancy between the perceptions of top management and the board of directors and those of IR department and CFO, who interact directly with investors.</li>
</ul>


Unless stock valuation and its underlying capital profitability are linked to target-setting, and specific measures are established regarding “how much by when,” companies will unlikely move beyond the past.
Companies from varied backgrounds are listed on Standard Market, and many appear to lack not only the necessary resources and expertise but also a sense of the need for disclosure.
Reports indicate that there's a discrepancy between the perceptions of top management and the board of directors and those of IR department and CFO, who interact directly with investors.


Improving Capital Profitability Requires Bridging Gaps Understanding Between Managers and Investors

TSE Tokyo Price Index TOPIX

Improving Capital Profitability Requires Bridging Gaps Understanding Between Managers and Investors