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.

Another Catalyst for Expected Reduction in Policy Shareholdings

Companies Are Finally at the Starting Line of Taking the First Steps to Improve ROE

Maybe Management Is Finally Becoming Aware of the Cost of Listing

Diversity Will Work when % of Women and Foreign Directors Exceeds 50%, but It’s Still a Long Way Off

Comparability of Disclosures Between Companies Will Enhance Content of Sustainability Information

It Is Crucial that Corporate Governance Practices that Are Formally in Place Actually Function

Judicial Decisions Are Also Important to Clarify the Nature of the Diversity Issues

Better than Zero? But Limitations of One Female Board Member to Influence Board Decision-Making

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Japan has the largest number of TCFD endorsing institutions in the world, and the number of listed companies endorsing the TCFD has increased by 350 since last year.</li>
<li>It's hoped that more companies will follow the example of those that disclosed specific climate change impact estimates under certain conditions, and that other companies will attempt to do so.</li>
<li>There are many companies that have endorsed TCFD, but have only endorsed it and not disclosed it, so the issue isn’t about endorsing TCFD, but about the content of disclosure.</li>
</ul>


Japan has the largest number of TCFD endorsing institutions in the world, and the number of listed companies endorsing the TCFD has increased by 350 since last year.
It's hoped that more companies will follow the example of those that disclosed specific climate change impact estimates under certain conditions, and that other companies will attempt to do so.
There are many companies that have endorsed TCFD, but have only endorsed it and not disclosed it, so the issue isn’t about endorsing TCFD, but about the content of disclosure.


Issues with Content of Disclosures, Not Keyword Searches in TCFD

TSE Tokyo Price Index TOPIX

Issues with Content of Disclosures, Not Keyword Searches in TCFD