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.

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

Companies Seem Reluctant to Hold Online AGMs with Online Attendance

Proxy Voting at AGMs Is Good Opportunity for Investors to Think if Managers Fulfill Fiduciary Duties

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

Need to Shift from Obsession with Controlling AGM to Sharing the Value of Engagement

Not the Timing of Annual Securities Report Disclosure, but Rather Company Management Objectives

Is Now Time to Move Forward with Efforts to Raise % Female Board Directors, Even Matching Numbers?

Reasons Why the TSE's Request to “improve IR System” Seems to Be Ineffective This Time

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>T&amp;D Holdings and HOYA, two March fiscal year-end companies that filed their annual securities reports more than 2 weeks ago this year, have previously filed their reports 2-3 weeks earlier.</li>
<li>Only two companies will revise articles of incorporation this year and postpone the record date. Most companies will hold AGM in June next year and file reports just before AGM.</li>
<li>Since institutional investors decide their votes based on various aspects of the company as a whole, companies should disclose their annual securities reports well in advance of AGM.</li>
</ul>


T&amp;D Holdings and HOYA, two March fiscal year-end companies that filed their annual securities reports more than 2 weeks ago this year, have previously filed their reports 2-3 weeks earlier.
Only two companies will revise articles of incorporation this year and postpone the record date. Most companies will hold AGM in June next year and file reports just before AGM.
Since institutional investors decide their votes based on various aspects of the company as a whole, companies should disclose their annual securities reports well in advance of AGM.


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

TSE Tokyo Price Index TOPIX

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