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.

What Can Be Done to Make the Independence of the Committee Function that Investors Have Questioned?

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

The Reasons for the Criteria Selected for the Directors' Skills Matrix Are Still Unclear

Overseas Investor Engagement Plays a Significant Role in Substantive Governance Enhancements

Company with US Type of 3 Committees and Independent Director Chairing BOD Is the Litmus Test

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Nominating Committee's main activity is the selection of individual director candidates, and the Nominating Committee tends to be less involved in issues related to top management appointments, including succession planning.</li>
<li>Although most companies have a majority of independent directors as members of the nominating committee, the nominating committee may in fact be a body that approves top management's proposals.</li>
<li>Companies focus only on prime market listing criteria of "committee establishment and committee member composition" and overlook original intent. The problem is that it's all about achieving the formal criteria.</li>
</ul>


Nominating Committee's main activity is the selection of individual director candidates, and the Nominating Committee tends to be less involved in issues related to top management appointments, including succession planning.
Although most companies have a majority of independent directors as members of the nominating committee, the nominating committee may in fact be a body that approves top management's proposals.
Companies focus only on prime market listing criteria of "committee establishment and committee member composition" and overlook original intent. The problem is that it's all about achieving the formal criteria.


Nominating Committee Also Has Problems Achieving Only Formal Criteria of Corporate Governance Code

TSE Tokyo Price Index TOPIX

Nominating Committee Also Has Problems Achieving Only Formal Criteria of Corporate Governance Code