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.

Without Fundamental Solutions, Will Companies Not Chang, After Moving to a Market with Lax Criteria?

With Parent-Subsidiary Listing Permitted, Will Concerns on Independence Be Alleviated by Disclosure?

How Many Substantial Measures—not Piecemeal Shareholder Returns—will Be Unveiled in 2026?

TSE Standard Market Is a Collection of All the Challenges Facing the Tokyo Stock Exchange

The Main Battlefield for Dissolution of Parent-Subsidiary Listings Will Shift to Standard Market

The Challenge Lies in Reviving a Company that Hasn't Grown, but Future IPO Prospects Are Anticipated

Currently Situation Companies Are Matching Numbers Without Fully Grasping the Fundamentals

To Raise the P/B of Listed Companies, the ROE of Half of Them Must Be Lifted Above the Threshold

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>If numerous growth market-listed companies fail to meet the listing maintenance criteria, they will move to Standard Market in future, and TSE will guide these companies accordingly.</li>
<li>Companies drawn to Standard Market by its relaxed listing maintenance criteria are diverse. While the problems they face vary, there is also a significant gap in their level of motivation.</li>
<li>It is questionable whether the challenges faced by each company can be addressed through the TSE's guidance to motivate unenthusiastic companies.</li>
</ul>


If numerous growth market-listed companies fail to meet the listing maintenance criteria, they will move to Standard Market in future, and TSE will guide these companies accordingly.
Companies drawn to Standard Market by its relaxed listing maintenance criteria are diverse. While the problems they face vary, there is also a significant gap in their level of motivation.
It is questionable whether the challenges faced by each company can be addressed through the TSE's guidance to motivate unenthusiastic companies.


Is the Standard Market, a Collection of Problem Companies, a Gold Mine for Investors?

TSE Tokyo Price Index TOPIX

Is the Standard Market, a Collection of Problem Companies, a Gold Mine for Investors?