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.

The Issue of Tenure Is Also Similar to the Issue of Concurrent Directorships

P/B Reform: Effective Disclosure to Include that “going Private" Is an Option

In the Dissolution of the Parent-Subsidiary Listing, the Second Step Is Key for the Parent Company

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

Market Shakeout Should Come with Business Portfolio Restructuring Especially for Small-Cap Companies

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

TOPIX Revision May Be an Opportunity for Companies to Choose to Go Private

After the TSE "Engagement," It Is the Company Itself to Devise and Execute a Management Strategy

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Even the companies with US type 3 committees, which is expected to have higher awareness of corporate governance, there're differences in the status of nominating committee activities among the companies.</li>
<li>While doubts about whether the nominating committee is fulfilling its function have not been dispelled, there have been cases of low approval rates for proposals for the election of directors.</li>
<li>Since discussions in voluntary nominating committees are only advisory, more companies are expected to move to Company with US type 3 Committees, which have statutory nominating committees.</li>
</ul>


Even the companies with US type 3 committees, which is expected to have higher awareness of corporate governance, there're differences in the status of nominating committee activities among the companies.
While doubts about whether the nominating committee is fulfilling its function have not been dispelled, there have been cases of low approval rates for proposals for the election of directors.
Since discussions in voluntary nominating committees are only advisory, more companies are expected to move to Company with US type 3 Committees, which have statutory nominating committees.


Nominating Committee Is Becoming More Active in a Few Companies, but No Sign yet of Spreading to All

TSE Tokyo Price Index TOPIX

Nominating Committee Is Becoming More Active in a Few Companies, but No Sign yet of Spreading to All