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.

If Multi-Stakeholder Is Equally Important, a Company Should Make Sufficient Profit First

CG Watch, Which Made Great Strides Will Be Tested Next Time for Substantial Governance Improvements

Size of Market Capitalization Will Make a Difference in Corporate Governance and Value Creation

Diversity Will Work when % of Women and Foreign Directors Exceeds 50%, but It’s Still a Long Way Off

Since It Is Unclear Whether Director Nomination Process Is Working, Voting Becomes More Important

Judicial Decisions Are Also Important to Clarify the Nature of the Diversity Issues

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The Kankeiren intends to prevent further increases in the ratio of independent directors because of the small number of candidates for outside directors.</li>
<li>One reason why the substance of the Corporate Governance Code has not improved is that independent directors are a minority on the board.</li>
<li>The company is also responsible for not developing female internal executive director candidates, relying on outside directors for female directors, and not appointing foreign talent to the board.</li>
</ul>


The Kankeiren intends to prevent further increases in the ratio of independent directors because of the small number of candidates for outside directors.
One reason why the substance of the Corporate Governance Code has not improved is that independent directors are a minority on the board.
The company is also responsible for not developing female internal executive director candidates, relying on outside directors for female directors, and not appointing foreign talent to the board.


Manager's Real Intent to Prevent Further Increase in Ratio of Independent Directors Is Revealed

TSE Tokyo Price Index TOPIX

Manager's Real Intent to Prevent Further Increase in Ratio of Independent Directors Is Revealed