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.

Should the 2022 Annual Meeting of Shareholders Be Regarded as Constant Progress?

ESG Bonds for Individuals Matching Increased Issuance Intentions

Japanese Companies Will Be Selected as One of Global Stocks for Individual Investors in near Future

It Is Hoped that the Content of Shareholder Meetings Will Be Enhanced in the Future

Tighter ESG-Wash Monitoring Will Follow the New Securities Report Disclosure Rule in in 2 Years?

Investment Managers Should Seek Ways to Reflect ESG Investing in Their Investment Performance

Interest Will Be Focused on when the TSE Will Begin Cleaning up the Prime Market

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Because there’s nothing about addressing environmental issues that the company itself opposes because they are global issues, it’s relatively easy to vote in favor of shareholder proposals on environmental issues.</li>
<li>Governance proposal is the most sensitive because it's directly related to election of directors. It's challenging for domestic investment managers to vote in favor of shareholder proposals during proxy fights.</li>
<li>FSA's tightening of oversight of ESG investment trusts has triggered shift by major Japanese investment managers toward establishing ESG-related-voting policies and exercising their voting rights in accordance with these policies.</li>
</ul>


Because there’s nothing about addressing environmental issues that the company itself opposes because they are global issues, it’s relatively easy to vote in favor of shareholder proposals on environmental issues.
Governance proposal is the most sensitive because it's directly related to election of directors. It's challenging for domestic investment managers to vote in favor of shareholder proposals during proxy fights.
FSA's tightening of oversight of ESG investment trusts has triggered shift by major Japanese investment managers toward establishing ESG-related-voting policies and exercising their voting rights in accordance with these policies.


Changes in Voting Practices of Japan's Major Investment Managements Will Take Time to Take Hold

TSE Tokyo Price Index TOPIX

Changes in Voting Practices of Japan's Major Investment Managements Will Take Time to Take Hold