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>Even though shareholder proposals have increased, only 77 of the more than 2,000 companies with a fiscal year ending in March have submitted shareholder proposals, or only a few percent.</li>
<li>Japanese institutional investors begins to examine the content of proposals and exercise their voting rights. It's serious matter that until now they haven't exercised them in accordance with Stewardship Code.</li>
<li>It will still take substantial amount of time to move away from a shareholder meeting protected by a cross-shareholding structure and toward a shareholder meeting that promotes dialogue with shareholders.</li>
</ul>


Even though shareholder proposals have increased, only 77 of the more than 2,000 companies with a fiscal year ending in March have submitted shareholder proposals, or only a few percent.
Japanese institutional investors begins to examine the content of proposals and exercise their voting rights. It's serious matter that until now they haven't exercised them in accordance with Stewardship Code.
It will still take substantial amount of time to move away from a shareholder meeting protected by a cross-shareholding structure and toward a shareholder meeting that promotes dialogue with shareholders.


More Companies Submitted Shareholder Proposals, but All Were Rejected. Where Is the Problem?

TSE Tokyo Price Index TOPIX

More Companies Submitted Shareholder Proposals, but All Were Rejected. Where Is the Problem?