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.

Whether M&A Gains Momentum Depends on Manager's Commitment to Restructuring Their Business Portfolio

Unless Companies Are Delisted Even if They Change Markets, the Quality of Tokyo Market Won't Improve

The Issues of IPOs and TSE Growth Market Reforms Should Be Considered Separately

The Valuation Criteria for Stocks Remain Unchanged, but Polarization Continues to Advance

Combining Equity Method Affiliates and Founder Family Companies Provide Sufficient Number of Targets

Raising the Standard of Discipline Among Companies Listed on the Standard Market Is Crucial

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

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The Standard Market houses companies with vastly different growth trajectories, scales, and listing histories. Given this diverse mix of firms, it is difficult to demand uniform responses from each company.</li>
<li>The challenges include moral hazard arising from companies unable to meet Prime and Growth Market listing maintenance standards transitioning to Standard, as well as numerous listed subsidiaries and equity-method affiliates.</li>
<li>Without engagement support and with little incentive to act immediately, it remains to be seen how many companies will seriously commit to improvement throughTSE's guidance by category.</li>
</ul>


The Standard Market houses companies with vastly different growth trajectories, scales, and listing histories. Given this diverse mix of firms, it is difficult to demand uniform responses from each company.
The challenges include moral hazard arising from companies unable to meet Prime and Growth Market listing maintenance standards transitioning to Standard, as well as numerous listed subsidiaries and equity-method affiliates.
Without engagement support and with little incentive to act immediately, it remains to be seen how many companies will seriously commit to improvement throughTSE's guidance by category.


TSE Standard Market Is a Collection of All the Challenges Facing the Tokyo Stock Exchange

TSE Tokyo Price Index TOPIX

TSE Standard Market Is a Collection of All the Challenges Facing the Tokyo Stock Exchange