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.

What Are the Reasons Japanese Companies Cannot Overcome the Drawbacks of Traditional Management?

This Revision to Corporate Governance Codes Could Be Perceived as Defending Outdated Practices

Japanese Stocks' Low Trading Liquidity Has Adversely Affected Management's Shift To Value Creation

Doesn't the Revised Corporate Governance Code Amount to Giving Listed Companies a Free Pass?

Few Shareholder Proposals Have Passed, but the Chances of Them Passing Are Gradually Increasing

The Reason for No Improvement in ROE Was that the past 3 Years Lacked a Shareholder Perspective

Shareholding Ratio of Foreigners Stood at 34.7%, Hitting Record High for the 3rd Consecutive Year

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Regulators have established a legal framework for listed companies based on the belief that improving corporate governance practices leads to improved return on capital and better stock price performance.</li>
<li>Even regulators have recently begun requiring companies to take Key Actions to improve capital profitability and stock valuations, through “TSE’s request” and this year’s revision of Corporate Governance Code.</li>
<li>A company should be evaluated based on the results of its value creation, such as capital profitability and stock performance. The board practice is one factor that should be analyzed.</li>
</ul>


Regulators have established a legal framework for listed companies based on the belief that improving corporate governance practices leads to improved return on capital and better stock price performance.
Even regulators have recently begun requiring companies to take Key Actions to improve capital profitability and stock valuations, through “TSE’s request” and this year’s revision of Corporate Governance Code.
A company should be evaluated based on the results of its value creation, such as capital profitability and stock performance. The board practice is one factor that should be analyzed.


Isn't the Debate over the Amendment to the Companies Act Failing to Learn from past Mistakes?

TSE Tokyo Price Index TOPIX

Isn't the Debate over the Amendment to the Companies Act Failing to Learn from past Mistakes?