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.

Investors Do Not Want to See A "P/B Improvement Plan" That Follows a Template

"Requests" Through Overseas Investor Engagement Will Continue to Be More Effective than TSE Requests

Investors Expect a Feasible Management Strategy Rather than an Accurate Cost of Capital

Unification of Quarterly Securities Reports with Financial Summary to TSE Is Generally Appropriate

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

Headline Is Eye Catching, but the Revised Voting Criteria Do Not Affect Most Companies

What Is the Path for Resolving the Challenges of Life Insurance Companies' Policy Shareholdings?

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Not much progress has been made in the early disclosure of convocation notices. The key to even earlier disclosure of convocation notices is the moving up of earnings announcement dates.</li>
<li>Overseas investors require that all materials in the notice of convocation be provided translated in English, and only 27.3% of prime market listed companies have responded.</li>
<li>Few companies file their annual securities reports prior to AGMs. This can be taken as companies' intention to provide as little detailed information as possible to shareholders prior to AGMs.</li>
</ul>


Not much progress has been made in the early disclosure of convocation notices. The key to even earlier disclosure of convocation notices is the moving up of earnings announcement dates.
Overseas investors require that all materials in the notice of convocation be provided translated in English, and only 27.3% of prime market listed companies have responded.
Few companies file their annual securities reports prior to AGMs. This can be taken as companies' intention to provide as little detailed information as possible to shareholders prior to AGMs.


Companies Keen to Reduce Administrative Costs, but Reluctant to Provide Convenience to Shareholders

TSE Tokyo Price Index TOPIX

Companies Keen to Reduce Administrative Costs, but Reluctant to Provide Convenience to Shareholders