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.

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Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Until the "parent-subsidiary (affiliate) listing" is resolved, the value of parent company isn't  usually reflected. If Keisei has some business interest in holding OLC shares, it's responsible for explaining it.</li>
<li>If OLC shares were mostly sold, there'd be nothing left for Keisei, which couldn't find strategy for using cash, so the decision of not losing the growing affiliate isn't bad.</li>
<li>This small sale is to buy time until a clear growth strategy is found, but once the ratio of foreign shareholders exceeds 1/3, building time will likely become more difficult.</li>
</ul>


Until the "parent-subsidiary (affiliate) listing" is resolved, the value of parent company isn't  usually reflected. If Keisei has some business interest in holding OLC shares, it's responsible for explaining it.
If OLC shares were mostly sold, there'd be nothing left for Keisei, which couldn't find strategy for using cash, so the decision of not losing the growing affiliate isn't bad.
This small sale is to buy time until a clear growth strategy is found, but once the ratio of foreign shareholders exceeds 1/3, building time will likely become more difficult.


Golden Egg Was Not Lost, but How Long Can Keisei Electric Railway Buy Time?

Keisei Electric Railway Co

Golden Egg Was Not Lost, but How Long Can Keisei Electric Railway Buy Time?