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 the Challenges that Have Taken a Decade to Make Progress Finally Be Resolved?

Focus on Cash Flow Recovery from Investments as Planned, as Well as Appropriate Cash Allocation

Can Investors Tolerate the Current Pace of Capital Profitability Improvement?

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>In response to TSE's request, more than 80% of the prime market listed companies disclosed their targets, but 3/4 of the companies have yet to disclose specific measures.</li>
<li>While a few companies (with high foreign ownership) have started to create value autonomously, 3/4 of prime market companies do not fit the concept of a prime market listed company.</li>
<li>The fact that managers who cannot think for themselves are gradually beginning to opt for MBOs indicates the potential for investors to be relieved of further patience.</li>
</ul>


In response to TSE's request, more than 80% of the prime market listed companies disclosed their targets, but 3/4 of the companies have yet to disclose specific measures.
While a few companies (with high foreign ownership) have started to create value autonomously, 3/4 of prime market companies do not fit the concept of a prime market listed company.
The fact that managers who cannot think for themselves are gradually beginning to opt for MBOs indicates the potential for investors to be relieved of further patience.


3/4 of Prime Market Companies Have yet to Disclose Specific Measures to Respond to “TSE's Request"

TSE Tokyo Price Index TOPIX

3/4 of Prime Market Companies Have yet to Disclose Specific Measures to Respond to “TSE's Request"