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.

Share Trading Unit System, Which Made AGM Skeleton and Spurred Cross-Shareholdings, Has Done Its Job

Mandatory Disclosure of the % of Women Managers Alone Will End up Being a Noncommittal Measure

Will the Strategy of Trying to Buy Time by Negotiating Directly with Asset Owners Work?

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

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

While Raising Profit Margin Isn't Easy, the Focus Is on Reducing Policy-Shares and Cash on Hand

For the Time Being, Stronger Shareholder Returns Are an Incentive for the Stock Price to Rise

The Key Is to Achieve Sustainable Growth Through Continuous Business Portfolio Review

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>If a company seeks immediate effects to improve capital profitability, it'll return cash to shareholders because it'll be years before the company can recoup it by making more investments now.</li>
<li>Even companies that have increased valuations by raising their capital profitability can improve it by reducing their cash on hand and policy shareholdings, which are still too large.</li>
<li>Companies with low capital profitability and low valuations have to gain investor confidence through quarterly earnings disclosures by demonstrating that their disclosed goals are achievable.</li>
</ul>


If a company seeks immediate effects to improve capital profitability, it'll return cash to shareholders because it'll be years before the company can recoup it by making more investments now.
Even companies that have increased valuations by raising their capital profitability can improve it by reducing their cash on hand and policy shareholdings, which are still too large.
Companies with low capital profitability and low valuations have to gain investor confidence through quarterly earnings disclosures by demonstrating that their disclosed goals are achievable.


Disclosure Is Important, but Walk the Talk Is More Important

TSE Tokyo Price Index TOPIX

Disclosure Is Important, but Walk the Talk Is More Important