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.

Shortcut to Tension in Japanese Company Management Is Change in Voting Power of BOJ ETFs

Comparability of Disclosures Between Companies Will Enhance Content of Sustainability Information

Different Criteria for Exercising Voting Rights for Overseas and Domestic Institutional Investors

Huge Gap in Awareness of Human Rights Between Japanese Companies and Investors

The Timing of the Mandatory Disclosure of Human Capital Information Should Not Be a Sticking Point

Companies Should Communicate Their Human Resources Strategy Rather than Detailed Disclosure Rules

The Resolution of Human Rights Issues Should Not Be a Means to a Purpose

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The government's application of human capital disclosure starting with FY3/2023 companies runs the risk of omitting process of fully discussing and internalizing concept of human capital with company's management strategy.</li>
<li>The government's policy change to make disclosure of quarterly financial results voluntary in exchange for mandatory disclosure of human capital will likely lead to a setback in information disclosure.</li>
<li>Various issues will likely emerge in the future: whether the 3 indicators mandated for disclosure correctly reflect the company's human capital approach and whether they can be compared among companies.</li>
</ul>


The government's application of human capital disclosure starting with FY3/2023 companies runs the risk of omitting process of fully discussing and internalizing concept of human capital with company's management strategy.
The government's policy change to make disclosure of quarterly financial results voluntary in exchange for mandatory disclosure of human capital will likely lead to a setback in information disclosure.
Various issues will likely emerge in the future: whether the 3 indicators mandated for disclosure correctly reflect the company's human capital approach and whether they can be compared among companies.


Isn't FSA Too Forward-Thinking to Keep up with the Global Trend in Human Capital Disclosure?

TSE Tokyo Price Index TOPIX

Isn't FSA Too Forward-Thinking to Keep up with the Global Trend in Human Capital Disclosure?