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.

TSE Should Aim for a Quality Market Rather than a Market Where Listed Companies Can Easily Inhabit

Will Disclosure for This P/B Rise Based on the Failure of Transitional Companies "Plan" Work?

In the Prime Market, Disclosure in English Also Widens the Gap in the Company's Attitude

The Problem Is that Companies that Don't Want to Do Disclosure in English Are Listed on Prime Market

Companies that Don't Have Growth Plans but Are Competitive in a Specific Market Are Targeted for MBO

3/4 of the Companies Are Giving up the Opportunity to Communicate Their Value to Overseas Investors

Companies with High Stock Valuations and High Profitability Will Increasingly Attract Investment

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>TSE has published a proposal to require simultaneous disclosure of financial statements and timely disclosure information in both Japanese and English from April 2025 (for March fiscal year end companies).</li>
<li>The elimination of time gap between disclosure of financial statements in Japanese and English and the expansion of English-language disclosure of timely disclosure information are advances resulting from this revision.</li>
<li>As TSE continues to consider expanding the range of documents covered, the focus is on when English-language disclosure of annual securities reports, which cover all important information, will become mandatory.</li>
</ul>


TSE has published a proposal to require simultaneous disclosure of financial statements and timely disclosure information in both Japanese and English from April 2025 (for March fiscal year end companies).
The elimination of time gap between disclosure of financial statements in Japanese and English and the expansion of English-language disclosure of timely disclosure information are advances resulting from this revision.
As TSE continues to consider expanding the range of documents covered, the focus is on when English-language disclosure of annual securities reports, which cover all important information, will become mandatory.


From the Reality of 4%, Mandatory English Disclosure of Annual Securities Reports Is a High Hurdle

TSE Tokyo Price Index TOPIX

From the Reality of 4%, Mandatory English Disclosure of Annual Securities Reports Is a High Hurdle