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.

Japanese Companies Will Be Selected as One of Global Stocks for Individual Investors in near Future

Is the Solution to the Problem to Make the AGM Attractive?

More Effective for a Company to Show Background when It Raises Its Dividend Outlook

Japan's Governance: TOPIX Reform Update (2) - Change in Calculation Method of Floating Share Ratio

Japan's Governance: About Articles on TSE Market Reorganization

Criteria for TOPIX Components and Prime Market Listing Criteria Should Be Discussed Separately

Shareholder Returns Offered by Companies that Do Not Meet Prime Market Listing Criteria Are.....

More Companies Are Hiring Women Directors, but to Solve the Fundamental Problem of Diversity

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>It's unclear whether the stocks that lost ％ TOPIX had been overpriced or whether selling pressure caused temporary underperformance. However, it's clear these illiquid stocks are unsuitable for institutional investors.</li>
<li>While users want TOPIX liquidity to increase, TSE insists on aligning its criteria for TOPIX stock selection with prime market listing criteria, which takes precedence over the interests of users.</li>
<li>Rather than asking these companies to take on daunting task of dramatically raising both profit margins and growth, TSE should bring TOPIX criteria to threshold that institutional investors invest in.</li>
</ul>


It's unclear whether the stocks that lost ％ TOPIX had been overpriced or whether selling pressure caused temporary underperformance. However, it's clear these illiquid stocks are unsuitable for institutional investors.
While users want TOPIX liquidity to increase, TSE insists on aligning its criteria for TOPIX stock selection with prime market listing criteria, which takes precedence over the interests of users.
Rather than asking these companies to take on daunting task of dramatically raising both profit margins and growth, TSE should bring TOPIX criteria to threshold that institutional investors invest in.


High Cost of TOPIX, Which Currently Contains Illiquid Stocks, Is Considered to Be Borne by Users

TSE Tokyo Price Index TOPIX

High Cost of TOPIX, Which Currently Contains Illiquid Stocks, Is Considered to Be Borne by Users