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 Starting Point Is to Set "Sustainable Expansion of Corporate Value" As a Management Goal

TSE Should Shift Its Business Model from Growing Number of Listed Companies to Expanding Market Cap

The Fruit of TSE Market Reorganization Was the Creation of Prime Market with 600 Fewer Companies

"TSE's Request" Could Be a Harvest that Has Made It Easier to Compare Managers with Stock Valuations

Managers Should Consider That "TSE's Request" Has Changed the Rules of the Game

Japan's Governance: Kurita Water Industries (6370) ESG Briefing

New Index Distracts from Prime Market Issues While Providing Long/Short Opportunities for Investors

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Companies were occupied with meeting the raised standards, and there was little substantive discussion of how corporate governance should be implemented to achieve the corporation's goal of maximizing shareholder interests.</li>
<li>A few companies have made steady progress, but we cannot expect corporate governance initiatives to go further than they are now if left to the efforts of well-intentioned companies.</li>
<li>Unless the benchmark is changed from TOPIX to another index with a smaller number of components, it will be nearly impossible to find a satisfactory engagement for a passive fund.</li>
</ul>


Companies were occupied with meeting the raised standards, and there was little substantive discussion of how corporate governance should be implemented to achieve the corporation's goal of maximizing shareholder interests.
A few companies have made steady progress, but we cannot expect corporate governance initiatives to go further than they are now if left to the efforts of well-intentioned companies.
Unless the benchmark is changed from TOPIX to another index with a smaller number of components, it will be nearly impossible to find a satisfactory engagement for a passive fund.


Revision of the Corporate Governance Code Requires Substantive Discussion, Not Individual Issues