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.

Going Private Is an Option for Both the Companies and Investors

Not Sure if Activist Investor's Agenda Will Be Approved, but JSF's Value May Be Higher than Expected

Is the Solution to the Problem to Make the AGM Attractive?

Huge Gap in Awareness of Human Rights Between Japanese Companies and Investors

Is TSE Being Too Strict with the Honor Students and Too Lenient with the Underdogs?

Deepening Cash Allocation Required This Year of a New All-Time High in Share Repurchases

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Although the stock split doesn't raise the intrinsic value of the stock, the stock price is likely to rise on the speculation that future purchases into the NISA are expected.</li>
<li>As cross-shareholdings decline, the companies are actively engaging in IR activities with individual investors to secure shareholders who share the company's position against foreign shareholders who are increasing their presence.</li>
<li>Some believe that NISA will be used as receptacle for the disposal of BOJ's ETF holdings, but companies may hope that the silent shareholder hold ETFs as long as possible.</li>
</ul>


Although the stock split doesn't raise the intrinsic value of the stock, the stock price is likely to rise on the speculation that future purchases into the NISA are expected.
As cross-shareholdings decline, the companies are actively engaging in IR activities with individual investors to secure shareholders who share the company's position against foreign shareholders who are increasing their presence.
Some believe that NISA will be used as receptacle for the disposal of BOJ's ETF holdings, but companies may hope that the silent shareholder hold ETFs as long as possible.


Again, It Is the BOJ's ETF Issue that Makes Us Think

TSE Tokyo Price Index TOPIX

Again, It Is the BOJ's ETF Issue that Makes Us Think