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.

A New Type Of "Deemed Shareholding" Has Emerged!

To Be Selected by Global Investors as an Investment Target, Increasing Cash Flow Is Crucial

Smaller PE Funds May Have Opportunities to Invest in MBOs of TSE Growth Market Companies

What Happens to the Effectiveness of TSE Requests when They Become Effort Obligations?

Guidebook for Raising P/B Published, but Still Much Work to Be Done to Achieve Goals

Raising ROE May Require Raising Proxy Voting Guidelines

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Companies with higher foreign shareholdings have superior board practices, suggesting that overseas investor engagement played an important role in improving management that resulted in return on capital.</li>
<li>Clues to changes in management reform can be found in the percentage of independent board members, the percentage of female board members, and policy shareholdings/total assets.</li>
<li>While the substance of the goals is important, the focus has shifted to management's strong will to achieve the goals to raise valuations and return on capital.</li>
</ul>


Companies with higher foreign shareholdings have superior board practices, suggesting that overseas investor engagement played an important role in improving management that resulted in return on capital.
Clues to changes in management reform can be found in the percentage of independent board members, the percentage of female board members, and policy shareholdings/total assets.
While the substance of the goals is important, the focus has shifted to management's strong will to achieve the goals to raise valuations and return on capital.


Content of Disclosures Is Important, but the Focus Has Shifted to Whether the Goals Can Be Achieved

TSE Tokyo Price Index TOPIX

Content of Disclosures Is Important, but the Focus Has Shifted to Whether the Goals Can Be Achieved