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.

Clues to Management Change Are % Independent Directors and .....

Looking at Policy Shareholdings as a Percentage of Total Assets Reveals a Different Aspect

Shareholder Returns Will Increase over June AGM, but Will Companies Hold up with Sluggish ROE?

Companies with Low ROEs Have Corporate Governance Practices that Only Make It So

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Although few shareholder proposals will be passed, companies that receive shareholder proposals and don't like the attention are likely to seek compromise and come to terms with shareholders before AGM.</li>
<li>Companies with low valuations have significantly lower ROE, ROA, market capitalization, and foreign ownership. In order to raise valuations, the first step should be to increase return on capital.</li>
<li>Companies with higher valuations can be expected to have begun to steer their board operations in an improved direction. Policy shareholding reductions can be considered as seriousness toward management improvement.</li>
</ul>


Although few shareholder proposals will be passed, companies that receive shareholder proposals and don't like the attention are likely to seek compromise and come to terms with shareholders before AGM.
Companies with low valuations have significantly lower ROE, ROA, market capitalization, and foreign ownership. In order to raise valuations, the first step should be to increase return on capital.
Companies with higher valuations can be expected to have begun to steer their board operations in an improved direction. Policy shareholding reductions can be considered as seriousness toward management improvement.


Reducing Policy Shareholdings May Be a Sign of Seriousness to Improve Management

TSE Tokyo Price Index TOPIX

Reducing Policy Shareholdings May Be a Sign of Seriousness to Improve Management