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.

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

“Parent-Subsidiary Listing” Heaven Continues to Provide Rich Investment Performance for Investors

Sustainability Information in Annual Securities Reports Is Evolving into Valuable Information

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

Increasing Profitability to Gain Support from Overseas Investors Is a Condition for Higher Valuation

Will TSE's Mock Engagement Measures Work?

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

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Since there's little confidence that merely disclosed share buybacks and medium-term management plans will increase corporate value in future, it's natural that institutional investors' evaluation of these plans is low.</li>
<li>For companies that develop budgets and plans each January, the key is to incorporate into their budgets the use of cash that will ensure future growth in corporate value.</li>
<li>For companies that lack the time to translate “mid-term management plan” into strategy to increase corporate value within two months, including “going private is an option” is an effective disclosure.</li>
</ul>


Since there's little confidence that merely disclosed share buybacks and medium-term management plans will increase corporate value in future, it's natural that institutional investors' evaluation of these plans is low.
For companies that develop budgets and plans each January, the key is to incorporate into their budgets the use of cash that will ensure future growth in corporate value.
For companies that lack the time to translate “mid-term management plan” into strategy to increase corporate value within two months, including “going private is an option” is an effective disclosure.


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

TSE Tokyo Price Index TOPIX

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