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.

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

Gap in Response to Disclosures in English Compared to the Growing Presence of Overseas Investors

Quality Issues Are a Common Challenge for TSE Market Restructuring and Corporate Governance Reform

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

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

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Most companies with large market capitalization (i.e., those with a high ratio of foreign shareholders) already disclose their financial statements, timely disclosure materials, and convocation notices in English.</li>
<li>Disclosure in English of corporate governance reports and annual securities reports, which have lagged behind, is gradually increasing among companies with large market capitalization.</li>
<li>Similar to the results of the recent disclosure regarding the ”TSE's request", there is also a difference in the disclosure stance between companies with large market capitalization and other companies.</li>
</ul>


Most companies with large market capitalization (i.e., those with a high ratio of foreign shareholders) already disclose their financial statements, timely disclosure materials, and convocation notices in English.
Disclosure in English of corporate governance reports and annual securities reports, which have lagged behind, is gradually increasing among companies with large market capitalization.
Similar to the results of the recent disclosure regarding the ”TSE's request", there is also a difference in the disclosure stance between companies with large market capitalization and other companies.


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

TSE Tokyo Price Index TOPIX

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