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.

No Causality Between Shareholder Proposal Withdrawal and Share Price, but Dialogue Is a Good Thing

AGM Is the Highest Body for a Company, but Have Japanese Companies Got Too Used to It Not Being So?

It Is Very Important to Review ESG Investing Before the Risks Become Evident

The Adoption of the Presence of Female Directors as a Criterion for Voting Was Finally a First Step

Human Capital Disclosure in 'Yuho' Report Is Good News, but There Are Challenges

Japan's Governance: Trends in AGMs of Companies with Fiscal Years Ending in March

"Global ESG Funds Invest Less in Japanese Equities." Why Is This?

Certainly the Increase in Share Repurchases Is to Be Commended, But......

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>I would like to discuss the issues on the Nikkei article titled "Over 10 Companies Hold 'Continuation Meetings' of Shareholders' Meetings Due to Improper Accounting, etc."</li>
<li>Companies that hold "continuation meetings" are divided into 2 groups: inappropriate accounting and China lockdown. However, the companies in both groups plan to hold AGMs on days AGMs are concentrated.</li>
<li>It is too much to ask shareholders for voting without financial results, and many companies seem intent on avoiding dialogue with shareholders by holding AGM on such a concentration day.</li>
</ul>


I would like to discuss the issues on the Nikkei article titled "Over 10 Companies Hold 'Continuation Meetings' of Shareholders' Meetings Due to Improper Accounting, etc."
Companies that hold "continuation meetings" are divided into 2 groups: inappropriate accounting and China lockdown. However, the companies in both groups plan to hold AGMs on days AGMs are concentrated.
It is too much to ask shareholders for voting without financial results, and many companies seem intent on avoiding dialogue with shareholders by holding AGM on such a concentration day.


Companies Holding "Continuation Meetings" Will Hold Them on the Days of Concentration of the AGMs

TSE Tokyo Price Index TOPIX

Companies Holding "Continuation Meetings" Will Hold Them on the Days of Concentration of the AGMs