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.

What Is Needed for More Engagement to Be Effective Is to Reduce Policy Shareholdings

To Expand Value and Improve Capital Profitability, the Promotion of Human Resources Is Necessary

Improved Profitability to Attract Overseas Investors Key to Raise Valuation Even After TSE's Request

Determine Whether Shareholder Return Is a Temporary Measure or a Shift to Value-Creating Management

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Companies that have increased their valuations over the past year are those with higher valuations and have further increased their ROE and ROA, resulting in even higher valuations.</li>
<li>The difference between the characteristics of companies whose valuations increased and those whose valuations did not change over the past year is the foreign ownership ratio.</li>
<li>Companies with low foreign ownership have less access to overseas investors' suggestions for solving individual company problems, which is why they are slow to act to improve capital profitability.</li>
</ul>


Companies that have increased their valuations over the past year are those with higher valuations and have further increased their ROE and ROA, resulting in even higher valuations.
The difference between the characteristics of companies whose valuations increased and those whose valuations did not change over the past year is the foreign ownership ratio.
Companies with low foreign ownership have less access to overseas investors' suggestions for solving individual company problems, which is why they are slow to act to improve capital profitability.


Companies Without Engagement Opportunities Lack a Sense of Urgency to Solve Problems

TSE Tokyo Price Index TOPIX

Companies Without Engagement Opportunities Lack a Sense of Urgency to Solve Problems