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.

Is the Challenge of Raising the Stock Price Valuations Ultimately the Quality of Management?

Do Companies Tend to Focus on Shareholder Returns Because They Can't Find Investment Opportunities?

Risk Taking by Managers Is Key, Weather Changing the Game or Creating a New Business

Mismatch Between Documents Needed by Foreign Investors and Those Translated in English by Companies

A Few Students Were Motivated by Assignments from Their Teachers, and They Performed Differently

Little Discussion of Listing Criteria Appropriate for Prime Market Listed Companies

Transitional Measures Will End in 2-3 Years, but Will Prime Market Listing Criteria Remain the Same?

The Attitude Toward Information Disclosure May Make a Further Difference in Stock Valuations

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The fact that TSE, which has revised Corporate Governance Code several times, is now discussing improving the quality of corporate governance shows that the governance practices have become a formality.</li>
<li>Regarding the expansion of English-language disclosure, there is need to eliminate the mismatch between the documents that companies translate into English and those that overseas investors demand to be translated.</li>
<li>Asset owners should keep encouraging asset managers to follow Stewardship Code. Appropriate action by asset managers to deal with the BOJ owned ETFs will encourage changes in the companies.</li>
</ul>


The fact that TSE, which has revised Corporate Governance Code several times, is now discussing improving the quality of corporate governance shows that the governance practices have become a formality.
Regarding the expansion of English-language disclosure, there is need to eliminate the mismatch between the documents that companies translate into English and those that overseas investors demand to be translated.
Asset owners should keep encouraging asset managers to follow Stewardship Code. Appropriate action by asset managers to deal with the BOJ owned ETFs will encourage changes in the companies.


Looking Forward to Discussion on How to Improve the Quality of Corporate Governance Practices

TSE Tokyo Price Index TOPIX

Looking Forward to Discussion on How to Improve the Quality of Corporate Governance Practices