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.

Change in Shareholder Composition Acts as Catalyst for Shifts in Mindset To Management Improvement

Now Investors Can Communicate with Company Managers in Common Language, Deep Discussions Will Follow

Unable to Make Decisions and Postponing Matters Is Why Market Quality Can't Be Improved More Quickly

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The recent rise in stock prices may lead to more equity financing, and this could pressure stock prices as companies announce that their shares are overvalued.</li>
<li>If the decision to pursue equity financing was based solely on the surface-level cost of issuing convertible bonds, it would mean the company has learned nothing since the bubble economy.</li>
<li>After CB issuance, the stock price will be driven by trading activity among call option holders. Furthermore, depending on which investors receive the potential shares, this may also impact management.</li>
</ul>


The recent rise in stock prices may lead to more equity financing, and this could pressure stock prices as companies announce that their shares are overvalued.
If the decision to pursue equity financing was based solely on the surface-level cost of issuing convertible bonds, it would mean the company has learned nothing since the bubble economy.
After CB issuance, the stock price will be driven by trading activity among call option holders. Furthermore, depending on which investors receive the potential shares, this may also impact management.


Now, with Stock Prices Rising, It's Time to See if Companies Truly Learned About the Cost of Capital

TSE Tokyo Price Index TOPIX

Now, with Stock Prices Rising, It's Time to See if Companies Truly Learned About the Cost of Capital