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.

Smartkarma Webinar | Corporate Governance and Value Creation in Japan

Japan's Governance: Change in Policy Shareholdings (July 2021)

Japan's Governance: Disclosure Regarding Ex-CEO Advisors

Japan's Governance: Disclosure of Corporate Governance Report in English

Japan's Governance: Correlation Between Actions and Value Creation Indicators

Japan's Governance: Foreign Shareholder Ownership and Governance Factors

Japan's Governance: The Problem of Copy and Paste Allegations

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<p style="text-align: left;">Metrical uses a variety of evaluation criteria to score the corporate governance of listed companies. One of the evaluation criteria is the disclosure factor regarding disclosure of information on annual shareholders meetings and investor relations. It is important to know whether a listed company is actively communicating information to its shareholders and investors, and whether its disclosure efforts are moving in the right direction. It makes a huge difference for shareholders and investors to make investment decisions if the company does not disclose information in a positive manner. This is because the disclosure of information that can be used to make decisions about the risk-return of a company's business and the location of its management risks can help reduce investment risks. It has also been confirmed that the AGM and IR disclosure scores (AGM/IR scores) are statistically correlated with ROA (actual performance) and Tobin's Q.</p>

Metrical uses a variety of evaluation criteria to score the corporate governance of listed companies. One of the evaluation criteria is the disclosure factor regarding disclosure of information on annual shareholders meetings and investor relations. It is important to know whether a listed company is actively communicating information to its shareholders and investors, and whether its disclosure efforts are moving in the right direction. It makes a huge difference for shareholders and investors to make investment decisions if the company does not disclose information in a positive manner. This is because the disclosure of information that can be used to make decisions about the risk-return of a company's business and the location of its management risks can help reduce investment risks. It has also been confirmed that the AGM and IR disclosure scores (AGM/IR scores) are statistically correlated with ROA (actual performance) and Tobin's Q.

Japan's Governance: Disclosure Factor for Annual General Shareholders Meeting and Investor Relations

TSE Tokyo Price Index TOPIX

Japan's Governance: Disclosure Factor for Annual General Shareholders Meeting and Investor Relations