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.

Japanese Managers Have Always Wanted to Distance Themselves from Market Pressures

Might Consider Creating Mechanism to Allocate Companies' Cash in Cash Cow to Companies that Can Grow

Even Though the June AGM Was Spread over 4 Days, 26.4% of the Companies Were Concentrated on June 29

Is the Challenge of Raising the Stock Price Valuations Ultimately the Quality of Management?

Companies with High ROA Have High Potential for Corporate Governance and Further ROA Improvement

What Should a Japanese Company Do to Raise Profit Margin, a Prerequisite for Higher ROE?

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Since listed companies have abundant cash reserves even if interest rates rise, they will use their cash to pay down debt but they are unlikely to use it for investments.</li>
<li>Cash is piling up on balance-sheet resulting from the inability to invest in growth and get out of the game of sharing the pie of the existing stable domestic market.</li>
<li>In order to raise profit margins significantly, a manager may find growth and invest in non-existing businesses or introduce game-changing products that disrupt the stability of the market.</li>
</ul>


Since listed companies have abundant cash reserves even if interest rates rise, they will use their cash to pay down debt but they are unlikely to use it for investments.
Cash is piling up on balance-sheet resulting from the inability to invest in growth and get out of the game of sharing the pie of the existing stable domestic market.
In order to raise profit margins significantly, a manager may find growth and invest in non-existing businesses or introduce game-changing products that disrupt the stability of the market.


Risk Taking by Managers Is Key, Weather Changing the Game or Creating a New Business

TSE Tokyo Price Index TOPIX

Risk Taking by Managers Is Key, Weather Changing the Game or Creating a New Business