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.

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

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

Will the Creation of a Private Stock Market Help Accelerate Industry Restructuring?

% of Female Board Members Asks "Seriousness" Of Improving Profitability and Governance Etc.

Governance Improvement in 2023 Was Modest but Saved by a Rise in % Woman Board Members

% of Female Board Members Is a Measure of a Company's Seriousness About Improving Its Practices

Higher ROE & ROA Are Keys to Higher Valuation, but This Wasn't Easy for Companies with Low Valuation

Corporate Governance in Japan Is Improving, but Has yet to Take Steps to Create Value

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>In 2023, % Woman Board Members increased progressively even in companies with lower corporate governance scores. Many companies are unanimous in their commitment to appointing women board members.</li>
<li>Together with the fact that business challenges have not been solved by only having people who think alike, 90% of institutional investors said that information on women's activities is important.</li>
<li>Companies with over 25% women on their boards have superior values in profitability and stock valuation. Managers should implement the promotion of women in order to transition to value-creating management.</li>
</ul>


In 2023, % Woman Board Members increased progressively even in companies with lower corporate governance scores. Many companies are unanimous in their commitment to appointing women board members.
Together with the fact that business challenges have not been solved by only having people who think alike, 90% of institutional investors said that information on women's activities is important.
Companies with over 25% women on their boards have superior values in profitability and stock valuation. Managers should implement the promotion of women in order to transition to value-creating management.


Investors Want to See a Shift in Management to Create Value, Not Just Meet Government Target Numbers

TSE Tokyo Price Index TOPIX

Investors Want to See a Shift in Management to Create Value, Not Just Meet Government Target Numbers