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: ESG Fund Considerations

Japan's Governance: Do Companies with High Corporate Governance Ratings Have High Stock Returns?

Japan's Governance: Kurita Water Industries (6370) ESG Briefing

Japan's Governance: Has Corporate Governance of Companies that Have Chosen Prime Market Improved?

Japan's Governance: Do Companies Improve Their Corporate Governance when Profitability Improves?

Japan's Governance: Prime Market Selection and Corporate Governance Initiatives

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>I would like to explore again how companies that have chosen the prime market have improved their corporate governance practices by the degree of improvement in ROA.</li>
<li>Improvements in corporate governance practices for companies that improved ROA by more than 2% were advanced in many of the criteria other than items that newly stated in listing criteria.</li>
<li>Companies that have improved their profitability may have confirmed that they have begun to move toward more effective use of cash and assets. If so, there are signs of hope.</li>
</ul>


I would like to explore again how companies that have chosen the prime market have improved their corporate governance practices by the degree of improvement in ROA.
Improvements in corporate governance practices for companies that improved ROA by more than 2% were advanced in many of the criteria other than items that newly stated in listing criteria.
Companies that have improved their profitability may have confirmed that they have begun to move toward more effective use of cash and assets. If so, there are signs of hope.


Japan's Governance: Improvement in Governance of Companies that Chose Prime Market in ROA Change

TSE Tokyo Price Index TOPIX

Japan's Governance: Improvement in Governance of Companies that Chose Prime Market in ROA Change