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.

Japanese Companies Aren't Good at Adjusting Course or Withdrawing in Line with Environmental Changes

Nevertheless, Concern Remain that TSE Growth Market Might Include Companies that Don't Pursue Growth

To Improve the Quality of Listed Companies, Every Effort to Promote Going Private Is Necessary

Effectiveness of MBO Special Committee Is Linked to Effectiveness of Independent Directors

Common Attitudes Toward IPOs Are Found in Parent-Subsidiary Listings

Can Growth Market Reform Succeed in a Structure of Interdependence of IPO Ecosystem Stakeholders?

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

Expect Gradual Improvement in the Quality of Listed Companies as More Companies Go Private

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The reason why IPOs tend to become the goal is that many IPOs are conducted for purposes other than company growth after IPOs.</li>
<li>In order to correct the notion that “IPO is the goal,” there are expectations for the revitalization of the market for trading unlisted shares and M&amp;A of unlisted companies.</li>
<li>With the entry of unlisted stock funds, trading in privately-held stocks will become active, and if M&amp;A for growth and management changes take place, the quality of IPOs will improve.</li>
</ul>


The reason why IPOs tend to become the goal is that many IPOs are conducted for purposes other than company growth after IPOs.
In order to correct the notion that “IPO is the goal,” there are expectations for the revitalization of the market for trading unlisted shares and M&amp;A of unlisted companies.
With the entry of unlisted stock funds, trading in privately-held stocks will become active, and if M&amp;A for growth and management changes take place, the quality of IPOs will improve.


The Key to Revitalizing Existing TSE Growth Companies Is Whether They Can Expect Growth Through M&A

TSE Tokyo Price Index TOPIX

The Key to Revitalizing Existing TSE Growth Companies Is Whether They Can Expect Growth Through M&A