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.

The Issue of Tenure Is Also Similar to the Issue of Concurrent Directorships

Independent Directors Are Responsible for Disclosures that Have Gaps from the Investors' Perspective

Improved Governance Tends to Raise Reason to Buy Japanese Stocks when Corporate Profit Is Lackluster

Fair for Managers Who Are Protected by Cross-Shareholding and Get Inflated Payout Due to Weak Yen?

Issues Related to Outside Director Compensation Are Plentiful

Concurrent Directorship Issue Calls into Question Effectiveness of Nominating Committee

Side Effects of Matching Numbers to Raise the Percentage of Female Board Members

Parent-Subsidiary Listings Are a Microcosm of Japanese Stocks: Change to Value-Creation Is Long Away

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Outside directors, initially just a number- matching and “just for show,” gradually improved amid demands for improved capital profitability and board practices as the foreign ownership increased.</li>
<li>It's important to pay outside directors sufficient compensation to enable them to fulfill managerial responsibilities. The company needs to recruit talent with skills and background to achieve its business goals.</li>
<li>People who can make insightful and rational judgments in an independent position to fulfill their role for the long-term expansion of the company's value should be appointed as outside directors.</li>
</ul>


Outside directors, initially just a number- matching and “just for show,” gradually improved amid demands for improved capital profitability and board practices as the foreign ownership increased.
It's important to pay outside directors sufficient compensation to enable them to fulfill managerial responsibilities. The company needs to recruit talent with skills and background to achieve its business goals.
People who can make insightful and rational judgments in an independent position to fulfill their role for the long-term expansion of the company's value should be appointed as outside directors.


Critical Role of Outside Directors Is an Issue Leading to a Majority of Independent Directors

TSE Tokyo Price Index TOPIX

Critical Role of Outside Directors Is an Issue Leading to a Majority of Independent Directors