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.

Diversity Is a Goal of Effort Left to a Company with a Sideways Eye on the Government's Seriousness

Even if Proper Nomination Process Is Skipped, It May Be Considered Better than Zero Women Directors

For Diversity to Be Perceived as Not Special, Managers' Recognition Needs to Move Toward DE&I

Gender Wage Gap Has Structural Problems and a Less than Positive Attitude of Companies

Solving Gender Gap in Higher Education Is Key, as Political Leadership Can’t Be Count On

Amid Slow ROE Improvement, Calls for Stronger Shareholder Returns Will Become Even Stronger

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The relationship between % of female managers and P/B doesn't appear to be as strong as the significant correlation found between % of female directors and the value creation indices</li>
<li>Currently, companies in business categories where women have greater opportunities to play active roles (new business models) are appointing female employees to management positions, and such  companies have higher P/Bs.</li>
<li>Since the gender wage gap is attributed to % of female managers, unless a company has significant opportunities for women to play active roles, the gender wage gap is large.</li>
</ul>


The relationship between % of female managers and P/B doesn't appear to be as strong as the significant correlation found between % of female directors and the value creation indices
Currently, companies in business categories where women have greater opportunities to play active roles (new business models) are appointing female employees to management positions, and such  companies have higher P/Bs.
Since the gender wage gap is attributed to % of female managers, unless a company has significant opportunities for women to play active roles, the gender wage gap is large.


Limited Number of Business Types with Great Opportunities for Women Is at Heart of the Problem

TSE Tokyo Price Index TOPIX

Limited Number of Business Types with Great Opportunities for Women Is at Heart of the Problem