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.

Overseas Investor Engagement Plays a Significant Role in Substantive Governance Enhancements

The Starting Point Is to Set "Sustainable Expansion of Corporate Value" As a Management Goal

Independence of BOD Is Necessary, but Can Independence of Subordinate Companies Really Be Ensured?

A Shortcut to a Solution Is to Specify in Corporate Governance Code the ％ of Women to Be Promoted

Changing Japanese Companies Is Not TSE Request but Inflation that Changes Mindset of All Managers

ROE up Modestly, but ROE Plus DOE Is Expected to Reach a Record High This Fiscal Year

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Revisions to the Corporate Governance Code have increased the ratio of independent directors, and more companies have established voluntary nominating and compensation committees.</li>
<li>On the other hand, the transition to a Company with US type 3 committees and an independent director chairing the board of directors has been slow in coming.</li>
<li>Substantive improvements regarding the transition to a company with an audit committee and the establishment of a voluntary nominating and compensation committee should be carefully examined.</li>
</ul>


Revisions to the Corporate Governance Code have increased the ratio of independent directors, and more companies have established voluntary nominating and compensation committees.
On the other hand, the transition to a Company with US type 3 committees and an independent director chairing the board of directors has been slow in coming.
Substantive improvements regarding the transition to a company with an audit committee and the establishment of a voluntary nominating and compensation committee should be carefully examined.


Company with US Type of 3 Committees and Independent Director Chairing BOD Is the Litmus Test

TSE Tokyo Price Index TOPIX

Company with US Type of 3 Committees and Independent Director Chairing BOD Is the Litmus Test