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.

Private Equity Investment Managers Are Benefiting the Most from “Revised Disclosure Company List”

Pre-AGM Filling of Annual Securities Reports Is Plus, but May Take Long Before More Companies Do So

Substantial “pre AGM Filing of Annual Securities Reports” Will Be After 2027

Quarterly Reporting Review Results in Reliability in F/S Between Larger and Smaller Companies

Companies Keen to Reduce Administrative Costs, but Reluctant to Provide Convenience to Shareholders

What Is Needed for More Engagement to Be Effective Is to Reduce Policy Shareholdings

No Disruption in Quarterly Disclosure Review, but a Few Companies Disclosed CF Statements in 1Q & 3Q

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The fact that institutional investors hold large numbers of shares is a key factor in early disclosure of the convocation notice and the dispatch of the convocation notice in English.</li>
<li>There was no notable progress from last year in the early disclosure of convocation notices, the sending of convocation notices in English, and participation in the electronic voting platform.</li>
<li>Early submission of annual securities reports prior to the date of the AGM, which was expected by the FSA and others, increased only slightly.</li>
</ul>


The fact that institutional investors hold large numbers of shares is a key factor in early disclosure of the convocation notice and the dispatch of the convocation notice in English.
There was no notable progress from last year in the early disclosure of convocation notices, the sending of convocation notices in English, and participation in the electronic voting platform.
Early submission of annual securities reports prior to the date of the AGM, which was expected by the FSA and others, increased only slightly.


The Hurdles to Achieving Early Submission of Annual Securities Reports Before AGM Dates Are High

TSE Tokyo Price Index TOPIX

The Hurdles to Achieving Early Submission of Annual Securities Reports Before AGM Dates Are High