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.

Unable to Make Decisions and Postponing Matters Is Why Market Quality Can't Be Improved More Quickly

Change in Shareholder Composition Acts as Catalyst for Shifts in Mindset To Management Improvement

Doesn't the Company Think that once It Moves to a Market with Lax Listing Criteria, It's All Over?

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The elimination of “parent-subsidiary listings” in the broad sense—including affiliated companies—and delistings resulting from TOBs etc. that lead to industry consolidation are expected to improve the profitability of listed companies.</li>
<li>After delisting, a company will have no choice but to break away from management style that defers challenges to work toward improving earnings in line with the fund’s profit targets.</li>
<li>After a company is delisted, some executives may realize for the first time that maximizing shareholder interests is the primary management objective of a corporation.</li>
</ul>


The elimination of “parent-subsidiary listings” in the broad sense—including affiliated companies—and delistings resulting from TOBs etc. that lead to industry consolidation are expected to improve the profitability of listed companies.
After delisting, a company will have no choice but to break away from management style that defers challenges to work toward improving earnings in line with the fund’s profit targets.
After a company is delisted, some executives may realize for the first time that maximizing shareholder interests is the primary management objective of a corporation.


What Do Managers Realize After Going Private?

TSE Tokyo Price Index TOPIX

What Do Managers Realize After Going Private?