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.

Another Reason Companies Are Reluctant to Disclose in English, and Not Just Because of the Cost

Many Companies in Japan Are Still Hesitant to Hire the Talent They Need

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The fact that the FSA did not request filing “more than three weeks in advance” rather than “a few days before the AGM” suggests how much resistance companies are encountering.</li>
<li>It is not easy to get a company that is concerned about losing control of an AGM to allow the AGM to be moved to a later date.</li>
<li>The tactic of controlling AGM is opposite of interacting with shareholders. Companies that have already converted to management that creates value through engagement aren't expected to adhere to such tactics.</li>
</ul>


The fact that the FSA did not request filing “more than three weeks in advance” rather than “a few days before the AGM” suggests how much resistance companies are encountering.
It is not easy to get a company that is concerned about losing control of an AGM to allow the AGM to be moved to a later date.
The tactic of controlling AGM is opposite of interacting with shareholders. Companies that have already converted to management that creates value through engagement aren't expected to adhere to such tactics.


Need to Shift from Obsession with Controlling AGM to Sharing the Value of Engagement

TSE Tokyo Price Index TOPIX

Need to Shift from Obsession with Controlling AGM to Sharing the Value of Engagement