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.

Fulfilling Fiduciary Duties Is More Important than Setting Boundaries for Independence Criteria

The Battle Against Formalism Is Entering Its Fourth Year

Does the Shift in Shareholder Composition Drive a Transition to Value-Creating Management?

To Increase Institutional Investor Participation in IPOs

The Response to the Tokyo Stock Exchange's Request (To Raise P/B) Has Already Been Given

Japanese Stocks, Despite Liquidity Challenges, Offer Many Investment Targets for Activist Investors

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Amid simultaneous increases in bond yields and yen depreciation, concerns arise that the current stock market rally may simply reflect expectations of continued inflation driving nominal corporate earnings growth.</li>
<li>Over the past decade, while many companies improved net profit margin by cutting labor costs, curbing investments, and lowering corporate tax rates, few managed to improve their gross profit margin.</li>
<li>Key management challenges for 2026 include not only creating high-value-added businesses to boost gross profit margins but also preparing to maintain competitiveness in a world where AI comes to workplace.</li>
</ul>


Amid simultaneous increases in bond yields and yen depreciation, concerns arise that the current stock market rally may simply reflect expectations of continued inflation driving nominal corporate earnings growth.
Over the past decade, while many companies improved net profit margin by cutting labor costs, curbing investments, and lowering corporate tax rates, few managed to improve their gross profit margin.
Key management challenges for 2026 include not only creating high-value-added businesses to boost gross profit margins but also preparing to maintain competitiveness in a world where AI comes to workplace.


Stocks Rally Amid Higher Bond Yields and Weaker Yen Is Testing if It Reflects Real Profit Growth

TSE Tokyo Price Index TOPIX

Stocks Rally Amid Higher Bond Yields and Weaker Yen Is Testing if It Reflects Real Profit Growth