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.

Will Companies Change with Cash Allocation Disclosures that Don't Allow Copy-And-Paste Solutions?

Share Buyback Likely to Grow over Growth Investment Hoped for by Corporate Governance Code Revision

Financial Institutions Should Accelerate the Reduction of Their Policy Shareholdings

Many Companies Still Miss Opportunities to Deepen Investors' Understanding of Business Strategies

The Key Is when the Next Move Will Come that Steers Away from Increasing Cash on Hand

How Many Companies Will Be Able to Keep up with the Next Revision of the Corporate Governance Code?

Companies Still Prioritize Compliance with the TSE over Consideration for Shareholders Interest

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Corporate Governance Code seems to be revised in ‘verifying and disclosing cash allocation’ in addition to ‘requests for disclosure in annual securities reports to enhance items related to human capital.’</li>
<li>This time, the disclosure request concerns cash allocation. Previously, disclosure regarding policy shareholdings was requested, but the elimination of cross-shareholdings did not progress smoothly.</li>
<li>The government plans to encourage growth investment in accumulated cash reserves without business plans for growth by strengthening disclosure rules and offering tax incentives.</li>
</ul>


Corporate Governance Code seems to be revised in ‘verifying and disclosing cash allocation’ in addition to ‘requests for disclosure in annual securities reports to enhance items related to human capital.’
This time, the disclosure request concerns cash allocation. Previously, disclosure regarding policy shareholdings was requested, but the elimination of cross-shareholdings did not progress smoothly.
The government plans to encourage growth investment in accumulated cash reserves without business plans for growth by strengthening disclosure rules and offering tax incentives.


Will Strengthened Disclosure Rules and Tax Incentives Drive Growth Investment?

TSE Tokyo Price Index TOPIX

Will Strengthened Disclosure Rules and Tax Incentives Drive Growth Investment?