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 Fundamental Discussion of the Nature of Policy Shareholdings Will Be Required

Again, It Is the BOJ's ETF Issue that Makes Us Think

Going Private Is an Option for Both the Companies and Investors

Review of TSE Market Reclassification Requires a Big Cleanup, Not a Small Cleanup as It Should Be

The Resolution of Human Rights Issues Should Not Be a Means to a Purpose

In-Depth Approach Is Necessary for Companies Seeking Further Communication with Overseas Investors

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>With company cash equivalents reaching all-time high of 140 trillion yen and many company managers feeling that their company's stock price is undervalued, share repurchases will reach all-time high.</li>
<li>Since the introduction of the Corporate Governance Code in 2015, share repurchases have become an established cash allocation alternative for companies. Companies will continue to enhance the practices  over time.</li>
<li>There is a need to deepen communication by showing investors how the company uses cash in its growth strategy, not limited to shareholder returns.</li>
</ul>


With company cash equivalents reaching all-time high of 140 trillion yen and many company managers feeling that their company's stock price is undervalued, share repurchases will reach all-time high.
Since the introduction of the Corporate Governance Code in 2015, share repurchases have become an established cash allocation alternative for companies. Companies will continue to enhance the practices  over time.
There is a need to deepen communication by showing investors how the company uses cash in its growth strategy, not limited to shareholder returns.


Deepening Cash Allocation Required This Year of a New All-Time High in Share Repurchases

TSE Tokyo Price Index TOPIX

Deepening Cash Allocation Required This Year of a New All-Time High in Share Repurchases