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.

Japan's Governance: Do Profitable Companies Improve Corporate Governance?

Japan's Governance: Do Companies Improve Their Corporate Governance when Profitability Improves?

Japan's Governance: Prime Market Selection and Corporate Governance Initiatives

Japan's Governance: Considerations for Takeover Defense Measures (3)

Japan's Governance: Takeover Defense Measures and Foreign Shareholder Ratio

Japan's Governance: Discussion of Ex-CEO Advisors Factor

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Using latest data on the impact of major shareholder interests on corporate governance and stock price performance, we also consider this issue from the perspective of parent-subsidiary listings.</li>
<li>The results of the correlation analysis for 3 groups of companies in % of ownerships showed that the major shareholder factor has a significant impact on corporate governance practices.</li>
<li>Regarding board practices, companies with shareholders holding more than 50% (listed subsidiaries) are generally less conscious of improving their practices, while the results for key actions are mixed across criteria.</li>
</ul>


Using latest data on the impact of major shareholder interests on corporate governance and stock price performance, we also consider this issue from the perspective of parent-subsidiary listings.
The results of the correlation analysis for 3 groups of companies in % of ownerships showed that the major shareholder factor has a significant impact on corporate governance practices.
Regarding board practices, companies with shareholders holding more than 50% (listed subsidiaries) are generally less conscious of improving their practices, while the results for key actions are mixed across criteria.


Japan's Governance: Parent-Subsidiary Listing Investment Strategy Update (4)

TSE Tokyo Price Index TOPIX

Japan's Governance: Parent-Subsidiary Listing Investment Strategy Update (4)