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: Gender Gap Index and Women Directors

Japan's Governance: Social and Human Rights

Japan's Governance: Founder Family Ownership / Case of Drugstore Industry

Japan's Governance: Unclear Medium-Term Management Plan - Kusuri No Aoki (3549)

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<p>In this article, I would like to focus on E in ESG. There are more and more opportunities to see the ESG initiatives of companies in analyst meetings, CSR reports, and integrated reports. In the latter half of analyst meetings at the time of earnings announcements, listed companies often make a presentation on their ESG initiatives following their earnings projections. If I may dare to say so, companies are seen to be happy when describing E compared to the somewhat less talkative S and G explanations. S and G, as mentioned in the previous article "Social and Human Rights," are progressing at a much slower pace than investors expect. On the other hand, Japanese companies have always had a strong interest in E, as they are mainly listed in the manufacturing industry. In the end of the 1990s, when the ISO (International Organization for Standardization) standard was introduced, all Japanese companies obtained certification, and they are very keen on environmental issues. Therefore, in some cases, when E is explained at an analyst meeting, it is not only a presentation of their environmental initiatives but also a presentation of their new environmental technology products.</p>

In this article, I would like to focus on E in ESG. There are more and more opportunities to see the ESG initiatives of companies in analyst meetings, CSR reports, and integrated reports. In the latter half of analyst meetings at the time of earnings announcements, listed companies often make a presentation on their ESG initiatives following their earnings projections. If I may dare to say so, companies are seen to be happy when describing E compared to the somewhat less talkative S and G explanations. S and G, as mentioned in the previous article "Social and Human Rights," are progressing at a much slower pace than investors expect. On the other hand, Japanese companies have always had a strong interest in E, as they are mainly listed in the manufacturing industry. In the end of the 1990s, when the ISO (International Organization for Standardization) standard was introduced, all Japanese companies obtained certification, and they are very keen on environmental issues. Therefore, in some cases, when E is explained at an analyst meeting, it is not only a presentation of their environmental initiatives but also a presentation of their new environmental technology products.

Honda Motor

Japan's Governance: Environment of ESG