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 Postponement of the Parent-Subsidiary Listing Issue Provides Further Investment Opportunities

Common Attitudes Toward IPOs Are Found in Parent-Subsidiary Listings

With Transitional Measures Ending, Improving the Quality of Existing Listed Companies Will Be Key

Reducing Cross-Held Shares Is Precisely What Is Needed to Promote Management Change

Activist Investors with Increased AUM Will Also Likely Target Larger Companies for Investment

Japan Market Attractive for PE Investment Despite Low Profit Growth

"Danger Past, God Forgotten" How Long Will the Effect of TSE's Request Last?

Growth Policy Score Improved with the Request to Raise P/B, but Other Criteria Are in the Process

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Listed subsidiaries and affiliates are now required by the TSE to disclose their basic thoughts on their business portfolio strategy and the rationale for being listed.</li>
<li>M&amp;A is expected because Japanese companies have not taken effective steps to expand their corporate value as cash on hand is building up and ROE is sluggish.</li>
<li>M&amp;A is likely to be mostly conducted by domestic companies or investment funds as a result of industry restructuring and business portfolio restructuring in Japan.</li>
</ul>


Listed subsidiaries and affiliates are now required by the TSE to disclose their basic thoughts on their business portfolio strategy and the rationale for being listed.
M&amp;A is expected because Japanese companies have not taken effective steps to expand their corporate value as cash on hand is building up and ROE is sluggish.
M&amp;A is likely to be mostly conducted by domestic companies or investment funds as a result of industry restructuring and business portfolio restructuring in Japan.


M&As Due to Restructuring of Business Portfolios Have Finally Begun to Increase

TSE Tokyo Price Index TOPIX

M&As Due to Restructuring of Business Portfolios Have Finally Begun to Increase