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.

Could the Turnaround Be Due to a Change in Management?

Japan's Governance: Transitional Companies in the Prime Market: To Increase Valuations

Prime Market Should Raise Market Cap Standards. Companies Should Take Measures to Raise Valuations

Isn't the Best Catalyst to Facilitate MBOs to Increase Market Metabolism?

Maybe There Are Many Companies in Japan that Have the Resources but Neglect Efforts to Increase ROA

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>While OP margin remains flat, ROE increased moderately due to higher in total-asset-turnover. Going forward, the drivers of ROE growth are likely to continue through reductions in cash and cross-shareholdings.</li>
<li>It would be more likely to find it in a company that already has high operating profit margin and where ROE can be improved by improving the total asset turnover.</li>
<li>Based on my analysis so far, I assume that companies that raised their stock price valuations did so by clarifying their cash allocation policies and engaging in communication with investors.</li>
</ul>


While OP margin remains flat, ROE increased moderately due to higher in total-asset-turnover. Going forward, the drivers of ROE growth are likely to continue through reductions in cash and cross-shareholdings.
It would be more likely to find it in a company that already has high operating profit margin and where ROE can be improved by improving the total asset turnover.
Based on my analysis so far, I assume that companies that raised their stock price valuations did so by clarifying their cash allocation policies and engaging in communication with investors.


Japanese Companies with Low Debt Should Evaluate Profitability in Terms of ROA Rather than ROE

ROHM Co Ltd

Japanese Companies with Low Debt Should Evaluate Profitability in Terms of ROA Rather than ROE