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.

Do Companies Tend to Focus on Shareholder Returns Because They Can't Find Investment Opportunities?

Risk Taking by Managers Is Key, Weather Changing the Game or Creating a New Business

Japanese Managers Have Always Wanted to Distance Themselves from Market Pressures

Isn't the Best Catalyst to Facilitate MBOs to Increase Market Metabolism?

Looking Forward to Discussion on How to Improve the Quality of Corporate Governance Practices

Could the Turnaround Be Due to a Change in Management?

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Increasing numbers of companies with P/Bs below 1x suggest that they failed to deliver to investors plan that would have increased their corporate value, or that such plan didn’t materialize.</li>
<li>While P/B has remained mostly in range, the increase in the number of companies with low P/Bs can be attributed to the widening gap in profitability among companies.</li>
<li>If the difference in profitability depends on the development and execution of management strategies, it depends on the quality of management. The appointment of directors will be very important.</li>
</ul>


Increasing numbers of companies with P/Bs below 1x suggest that they failed to deliver to investors plan that would have increased their corporate value, or that such plan didn’t materialize.
While P/B has remained mostly in range, the increase in the number of companies with low P/Bs can be attributed to the widening gap in profitability among companies.
If the difference in profitability depends on the development and execution of management strategies, it depends on the quality of management. The appointment of directors will be very important.


Is the Challenge of Raising the Stock Price Valuations Ultimately the Quality of Management?

TSE Tokyo Price Index TOPIX

Is the Challenge of Raising the Stock Price Valuations Ultimately the Quality of Management?