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.

Japan's Governance: Articles About Torii Pharmaceutical's Annual General Meeting of Shareholders

Japan's Governance: Articles About Torii Pharmaceutical's AGM (2)

Japan's Governance: Article on the Composition of the Board of Directors of JTEKT Corporation (6473)

Japan's Governance: Tsubaki Nakashima (6464) FY12/2021 Financial Results Analyst Meeting

Japan's Governance: Considerations for Takeover Defense Measures (3)

Japan's Governance: Diversity Is Strength：Update

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>While Zojirushi proposed a takeover defense plan at this AGM, it again rejected a shareholder proposal. This article will discuss this in conjunction with the Nikkei article.</li>
<li>Zojirushi's board practices are generally in place except for the introduction of anti-takeover, but the decision to introduce anti-takeover would be often made independently of other board practice improvements.</li>
<li>There are some issues with key actions. Especially, unclear growth policy, capital allocation and IR disclosure would have affected the stock performance and the earnings outlook.</li>
</ul>


While Zojirushi proposed a takeover defense plan at this AGM, it again rejected a shareholder proposal. This article will discuss this in conjunction with the Nikkei article.
Zojirushi's board practices are generally in place except for the introduction of anti-takeover, but the decision to introduce anti-takeover would be often made independently of other board practice improvements.
There are some issues with key actions. Especially, unclear growth policy, capital allocation and IR disclosure would have affected the stock performance and the earnings outlook.


Japan's Governance: Articles About Zojirushi Corporation (7965)'s General Meeting of Shareholders