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.

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

How Much Can 'effort Targets' Speed up the Narrowing of the Gender Pay Gap?

Isn't Long-Term Human Resource Strategy More Necessary than Immediate Solution to Labor Shortage?

Awareness of ROE Has Increased, but Now at the Stage of Implementing Short-Term Measures

Time-Buying and Political Agendas Prevent Effective Measures to Raise the % of Female Board Members

A Shortcut to a Solution Is to Specify in Corporate Governance Code the ％ of Women to Be Promoted

Legislation to Promote Women Directors Is the Solution, but the Root Cause Is Why It Cannot Be Done

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The "appointment of one female director at prime market company," which 80% of companies have achieved, is an easy goal, but it’s impossible to ensure board diversity with one woman.</li>
<li>There is concern that this "effort target without penalty" will give companies an escape route for not promoting board diversity, even with the lax target of 30% by 2030.</li>
<li>Half of companies that set goals regarding female employees, but a few companies set goals regarding the %/number of board members and disclose "diversity" in skill-matrix for appointing board members.</li>
</ul>


The "appointment of one female director at prime market company," which 80% of companies have achieved, is an easy goal, but it’s impossible to ensure board diversity with one woman.
There is concern that this "effort target without penalty" will give companies an escape route for not promoting board diversity, even with the lax target of 30% by 2030.
Half of companies that set goals regarding female employees, but a few companies set goals regarding the %/number of board members and disclose "diversity" in skill-matrix for appointing board members.


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

TSE Tokyo Price Index TOPIX

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