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.

Japan's Governance: About the Article on Outside Directors (2)

Japan's Governance: Prime Market Selection and Corporate Governance Initiatives

Japan's Governance: About the Article on the March Shareholders' Meeting Companies Update

Japan's Governance: About the Article on Outside Directors

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The number of companies that meet the requirement has increased since the listing criteria for prime market specified specific numbers. However, the majority of companies have managed to meet 30%.</li>
<li>It's clear that once the numerical criteria for board diversity as well as ％ independent directors were specified, it would have gone all the way. But this couldn't be done.</li>
<li>It is concerned that Japanese companies may be distancing themselves from the need to listen to a wide range of opinions and create new value.</li>
</ul>


The number of companies that meet the requirement has increased since the listing criteria for prime market specified specific numbers. However, the majority of companies have managed to meet 30%.
It's clear that once the numerical criteria for board diversity as well as ％ independent directors were specified, it would have gone all the way. But this couldn't be done.
It is concerned that Japanese companies may be distancing themselves from the need to listen to a wide range of opinions and create new value.


Can Companies Barely Meet Independent Director Requirement and Shy Away from Diversity Create Value?

TSE Tokyo Price Index TOPIX

Can Companies Barely Meet Independent Director Requirement and Shy Away from Diversity Create Value?