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.

Few Companies Have Started to Move Yet, but Can They Raise R & D Investment to Regain Pricing Power?

TSE's "Request" Is a Catalyst for a Final Decision on the Foundation of Years of Engagement

The Raising of Listing Criteria in the Growth Market Will Lead to Increased Investment Opportunities

Isn't It Not Strong Enough to Raise ROE by Higher Profit Margin Due to Escape from Deflation?

The Standard that All 1,600 Prime Market Companies Could Do Would Be Loose

3/4 of the Companies Are Giving up the Opportunity to Communicate Their Value to Overseas Investors

How Long Will the Escape from Deflation Be a Greater Factor in Stock Price Rises than ROE?

In Correlation with TOPIX, Nominal GDP Has Become Even Higher, While P/B Has Been Scarce Since 2020

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The problem lies in the fact that even with a 10% increase in net profit, ROE only grew by 0.5%. This is due to having too much cash on hand.</li>
<li>TSE has provided an opportunity for companies to develop measures to increase their corporate value. However, not many companies can derive concrete ways to effectively use cash.</li>
<li>Since many companies are expected to take time to find concrete solution to this problem, an increasing number of companies are expected to go private once they have done so.</li>
</ul>


The problem lies in the fact that even with a 10% increase in net profit, ROE only grew by 0.5%. This is due to having too much cash on hand.
TSE has provided an opportunity for companies to develop measures to increase their corporate value. However, not many companies can derive concrete ways to effectively use cash.
Since many companies are expected to take time to find concrete solution to this problem, an increasing number of companies are expected to go private once they have done so.


More Companies Will Choose to Go Private Because They Can't Find an Effective Use for Their Cash

TSE Tokyo Price Index TOPIX

More Companies Will Choose to Go Private Because They Can't Find an Effective Use for Their Cash