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 Strategy Is More Important than Whether the Mid-Term Business Plan and the Actual Are Blurred

Companies Should Consider All Options, Not Just Maintaining Their Listing

Going Private Is Not a Problem for a Special Company, but a Common Problem for All Listed Companies

Shareholder Activism Plays a Significant Role in Companies that Are Slow to Change

Independent Directors Are Responsible for Disclosures that Have Gaps from the Investors' Perspective

Will TSE's Mock Engagement Measures Work?

The Situation Is Different for REITs that Rely on Capital Increase, Despite the Same Low P/B Issue

In Order to Avoid Scandals in the Future, Management Must Take Leadership in Changing Mindsets

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>With about 40% of companies having a P/B of less than 1x, the problem is that many disclosures do not understand management to create value and increase the stock price.</li>
<li>It's difficult for investors' voices to reach small cap companies and companies with still high defensive walls of cross-held shares, which are not easily targeted for investment by institutional investors.</li>
<li>Independent directors should be appointed with skillset to participate in developing management plans and scrutinize them for reasonableness and whether the projected corporate value is gapped from that of investors.</li>
</ul>


With about 40% of companies having a P/B of less than 1x, the problem is that many disclosures do not understand management to create value and increase the stock price.
It's difficult for investors' voices to reach small cap companies and companies with still high defensive walls of cross-held shares, which are not easily targeted for investment by institutional investors.
Independent directors should be appointed with skillset to participate in developing management plans and scrutinize them for reasonableness and whether the projected corporate value is gapped from that of investors.


Seeing Disappointing Disclosures Raises Question of What Was the Skill Matrix of Board Directors?

TSE Tokyo Price Index TOPIX

Seeing Disappointing Disclosures Raises Question of What Was the Skill Matrix of Board Directors?