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.

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Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Koei Tecmo Holdings announced the issuance of CBs, and the repurchase of its own shares and a tender offer for its own shares to comply with Prime Market listing standards.</li>
<li>I wonder if they had to issue CBs, which would have diluted shareholder interest to some extent. There is a way to sell shares in several rounds within four years.</li>
<li>Decrease in founder's stake tends not to be positive for the stock price in long run. Depending on founder's future involvement in the company, it may move to next stage.</li>
</ul>


Koei Tecmo Holdings announced the issuance of CBs, and the repurchase of its own shares and a tender offer for its own shares to comply with Prime Market listing standards.
I wonder if they had to issue CBs, which would have diluted shareholder interest to some extent. There is a way to sell shares in several rounds within four years.
Decrease in founder's stake tends not to be positive for the stock price in long run. Depending on founder's future involvement in the company, it may move to next stage.


Japan's Governance: TSE Market Reclassification and Equity Finance : Koei Tecmo Holdings (3635)