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.

For Diversity to Be Perceived as Not Special, Managers' Recognition Needs to Move Toward DE&I

Higher P/E Is Driver for This Stock Rally. Profit Growth Is Necessary for Further Stock Rally

Better than Zero? But Limitations of One Female Board Member to Influence Board Decision-Making

Limited Number of Business Types with Great Opportunities for Women Is at Heart of the Problem

Less Positive Disclosure Regarding the Gender Wage Gap Is Evidence of Less Positive Reasons

Few Companies Are Serious About Ensuring Board Diversity, Spoiled by Lax "Effort Targets"

Amid Slow ROE Improvement, Calls for Stronger Shareholder Returns Will Become Even Stronger

Gender Wage Gap Has Structural Problems and a Less than Positive Attitude of Companies

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The TSE listing rules that include numerical targets for female board members are limited to prime market listed companies, so the majority of listed companies are not covered.</li>
<li>The "priority policy" on diversity is not budgeted or legislated. In the absence of underlying legislation, it is left to companies to decide how seriously they will implement it.</li>
<li>Regarding "30% or more female board members by 2030," if companies want to achieve this goal, they'll have to rely on female outside board members to make up the numbers.</li>
</ul>


The TSE listing rules that include numerical targets for female board members are limited to prime market listed companies, so the majority of listed companies are not covered.
The "priority policy" on diversity is not budgeted or legislated. In the absence of underlying legislation, it is left to companies to decide how seriously they will implement it.
Regarding "30% or more female board members by 2030," if companies want to achieve this goal, they'll have to rely on female outside board members to make up the numbers.


Diversity Is a Goal of Effort Left to a Company with a Sideways Eye on the Government's Seriousness

TSE Tokyo Price Index TOPIX

Diversity Is a Goal of Effort Left to a Company with a Sideways Eye on the Government's Seriousness