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.

Simultaneous Disclosure in Japanese and English Is the Immediate Goal

Isn't It Not Strong Enough to Raise ROE by Higher Profit Margin Due to Escape from Deflation?

How Long Will the Escape from Deflation Be a Greater Factor in Stock Price Rises than ROE?

TSE Policy Seems to Be that Disclosure in English Is Left to the Companies' Own Initiative

In Correlation with TOPIX, Nominal GDP Has Become Even Higher, While P/B Has Been Scarce Since 2020

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>TSE officially announced that it will request prime market listed companies to simultaneously disclose two documents, financial statements and timely disclosure information, in Japanese and English from April 2025."</li>
<li>Given the characteristics of Japanese companies, which tend to implement only minimum requirements, few companies will engage in English language disclosure in their annual securities reports, which wasn't explicitly stated.</li>
<li>Rather than improving the quality of the market to make it easier for global investors to trade, TSE has set efforts targets to match the speed of the slowest ship.</li>
</ul>


TSE officially announced that it will request prime market listed companies to simultaneously disclose two documents, financial statements and timely disclosure information, in Japanese and English from April 2025."
Given the characteristics of Japanese companies, which tend to implement only minimum requirements, few companies will engage in English language disclosure in their annual securities reports, which wasn't explicitly stated.
Rather than improving the quality of the market to make it easier for global investors to trade, TSE has set efforts targets to match the speed of the slowest ship.


Doesn't Cooperation Rather than Competition Slow the Pace of Improvement in Disclosure in English?

TSE Tokyo Price Index TOPIX

Doesn't Cooperation Rather than Competition Slow the Pace of Improvement in Disclosure in English?