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 Change in Record Date Is Difficult, and Most AGMs Next Year Will Be Held in June

Does Introducing Incentive into Remuneration of Independent Directors Compromise Their Independence?

Companies Seem Reluctant to Hold Online AGMs with Online Attendance

The Hurdles to Achieving Early Submission of Annual Securities Reports Before AGM Dates Are High

Substantial “pre AGM Filing of Annual Securities Reports” Will Be After 2027

Pre-AGM Filling of Annual Securities Reports Is Plus, but May Take Long Before More Companies Do So

The Key Is to Solve the Root Problem of Women Leaving Their Jobs Due to the Bias of Family Work

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Based on experience with "TSE's request,” it's impossible to request the same level of disclosure from every company. Companies that overseas investors can target should be requested to disclose proactively.</li>
<li>This “FSA's request” is expected to potentially cause companies to lose the effectiveness of the tactics they have used to control AGMs. Future steps are expected.</li>
<li>The slowdown in profit margin growth may also increase calls for improved corporate governance practices, with more companies reducing cross-shareholdings and launching stronger shareholder returns.</li>
</ul>


Based on experience with "TSE's request,” it's impossible to request the same level of disclosure from every company. Companies that overseas investors can target should be requested to disclose proactively.
This “FSA's request” is expected to potentially cause companies to lose the effectiveness of the tactics they have used to control AGMs. Future steps are expected.
The slowdown in profit margin growth may also increase calls for improved corporate governance practices, with more companies reducing cross-shareholdings and launching stronger shareholder returns.


Pre AGM Annual Securities Report Disclosure as a Clue to a True Dialogue with Investors

TSE Tokyo Price Index TOPIX

Pre AGM Annual Securities Report Disclosure as a Clue to a True Dialogue with Investors