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.

This Revision to Corporate Governance Codes Could Be Perceived as Defending Outdated Practices

Japanese Stocks' Low Trading Liquidity Has Adversely Affected Management's Shift To Value Creation

Simply Aiming to Reduce Cash on Hand Is Dangerous—a Shift in Mindset Is Needed

More Companies Are Introducing Shareholder Benefits Without Addressing Concerns About Fairness

Few Shareholder Proposals Have Passed, but the Chances of Them Passing Are Gradually Increasing

Isn't the Debate over the Amendment to the Companies Act Failing to Learn from past Mistakes?

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>What are the reasons Japanese companies cannot overcome the drawbacks of traditional management?</li>
<li>In Japan, the concept of fiduciary duty is generally not widely understood, but institutional investors must fulfill their accountability to beneficiaries just as much as management does.</li>
<li>Consequently, AGMs remained concentrated at late June, making it physically difficult to attend, and since annual securities reports couldn't be used as a basis for decision-making, virtually nothing has changed.</li>
</ul>


What are the reasons Japanese companies cannot overcome the drawbacks of traditional management?
In Japan, the concept of fiduciary duty is generally not widely understood, but institutional investors must fulfill their accountability to beneficiaries just as much as management does.
Consequently, AGMs remained concentrated at late June, making it physically difficult to attend, and since annual securities reports couldn't be used as a basis for decision-making, virtually nothing has changed.


What Are the Reasons Japanese Companies Cannot Overcome the Drawbacks of Traditional Management?

TSE Tokyo Price Index TOPIX

What Are the Reasons Japanese Companies Cannot Overcome the Drawbacks of Traditional Management?