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.

At the Root of the Diversity Issue Is Traditional Familism in Society and the Workplace

% of Female Board Members Is a Measure of a Company's Seriousness About Improving Its Practices

Few Companies Recognize Board Diversity as a Management Issue?

Companies with over 50% Independent Directors Have High Profitability and Stock Valuations

Too Many Portfolio Companies Is One of the Reasons for Not Enough Engagement

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The group of companies with lower than 25% female board member will only manage to meet the targets by "matching numbers," as few companies have high awareness regarding the practice.</li>
<li>Since the government target of 30% female managers was set in 2005, companies' awareness remains low. It's not easy to raise the ratio to 30% by the methods so far.</li>
<li>There are a number of initiatives that will not progress unless top management is replaced by women, including accelerated promotion of women to management positions and female board members.</li>
</ul>


The group of companies with lower than 25% female board member will only manage to meet the targets by "matching numbers," as few companies have high awareness regarding the practice.
Since the government target of 30% female managers was set in 2005, companies' awareness remains low. It's not easy to raise the ratio to 30% by the methods so far.
There are a number of initiatives that will not progress unless top management is replaced by women, including accelerated promotion of women to management positions and female board members.


Only 20% of Current CEOs in Japan Expected to Have a Female CEO Within 10 Years

TSE Tokyo Price Index TOPIX

Only 20% of Current CEOs in Japan Expected to Have a Female CEO Within 10 Years