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.

Revision of Corporate Governance Code Will Support Dialogue Between Overseas Investors and Companies

The Main Battlefield for Dissolution of Parent-Subsidiary Listings Will Shift to Standard Market

Recent Stock Price Rise May Be Due to Expectation for Greater Shareholder Returns Rather than Growth

Disclosure of Individual Board Directors' Remuneration Has Not Progressed

Companies Formalized Independence of Voluntary Nomination Committees, but No Signs of Improvements

Now Is Time to Increase the Number of Female Directors so that They Can Contribute to Value Creation

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>With many companies unable to increase their ROE, the company also intends to demonstrate its commitment to improving ROE by strengthening shareholder returns through the adoption of DOE.</li>
<li>The increase in the number of companies adopting DOE may be a reflection of the fact that many companies are forecasting lower profits this fiscal year.</li>
<li>Of course, returning excess cash on hand while considering ROE isn't a bad thing, but it's also a concern that few companies are taking steps to ensure medium-to-long-term growth.</li>
</ul>


With many companies unable to increase their ROE, the company also intends to demonstrate its commitment to improving ROE by strengthening shareholder returns through the adoption of DOE.
The increase in the number of companies adopting DOE may be a reflection of the fact that many companies are forecasting lower profits this fiscal year.
Of course, returning excess cash on hand while considering ROE isn't a bad thing, but it's also a concern that few companies are taking steps to ensure medium-to-long-term growth.


To Companies that Adopt DOE: It's Good to Consider ROE, but Are They Falling into Short-Termism?

TSE Tokyo Price Index TOPIX

To Companies that Adopt DOE: It's Good to Consider ROE, but Are They Falling into Short-Termism?