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.

Continuing Parent-Subsidiary Listings Is Losing Value that Could Be Reliably Obtained

Will Change to Annual Securities Report Improve in % of Female Managers and Gender Wage Gap?

As Role of Outside Directors Becomes More Important, Is Effectiveness of BODs Improving Accordingly?

The Postponement of the Parent-Subsidiary Listing Issue Provides Further Investment Opportunities

Many Companies Are in Stage of Setting Caps to Ensure that Cash on Hand Grows No More than Necessary

A Reluctance to Confront Shareholders Is at the Root of Many Problems

One of the Clues to Know How Serious a Company Is About Shifting to Management that Creates Value

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>From the standpoint of endorsing parent-subsidiary listings, TSE intends to provide better disclosure guidance to ensure that the interests of minority shareholders of listed subsidiaries are adequately secured.</li>
<li>While investors expect early resolution, parent-subsidiary listings continue to be a long-lived theme and investment opportunity, thanks to the TSE giving them time to dissolve their parent-subsidiary listings.</li>
<li>As for the parent-subsidiary listings, the key is the percentage of foreign holdings, with some companies initiating restructuring of their business portfolios and many others not.</li>
</ul>


From the standpoint of endorsing parent-subsidiary listings, TSE intends to provide better disclosure guidance to ensure that the interests of minority shareholders of listed subsidiaries are adequately secured.
While investors expect early resolution, parent-subsidiary listings continue to be a long-lived theme and investment opportunity, thanks to the TSE giving them time to dissolve their parent-subsidiary listings.
As for the parent-subsidiary listings, the key is the percentage of foreign holdings, with some companies initiating restructuring of their business portfolios and many others not.


Thanks to TSE's Guidance, Parent-Subsidiary Listings Remain a Long-Lasting Investment Opportunity

TSE Tokyo Price Index TOPIX

Thanks to TSE's Guidance, Parent-Subsidiary Listings Remain a Long-Lasting Investment Opportunity