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.

Concurrent Directorship Issue Calls into Question Effectiveness of Nominating Committee

Critical Role of Outside Directors Is an Issue Leading to a Majority of Independent Directors

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

Parent-Subsidiary Listings Are a Microcosm of Japanese Stocks: Change to Value-Creation Is Long Away

Mandatory Disclosure of the % of Women Managers Alone Will End up Being a Noncommittal Measure

Companies Using Outside Board Members for Management and for Matching Numbers Will Widen the Gap

How to Make a Non-Functioning Statutory Auditor Function

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>With external female board member resources under pressure, it will be extremely difficult to raise the percentage of female board members steadily at this rate.</li>
<li>The trump card for this is matching numbers. Increasingly, female board members with no management background or outside talent are being recruited to female managerial positions.</li>
<li>It is expected that fewer companies will move to Company with US type 3 Statutory Committees in order to avoid increasing the number of statutory executive officers.</li>
</ul>


With external female board member resources under pressure, it will be extremely difficult to raise the percentage of female board members steadily at this rate.
The trump card for this is matching numbers. Increasingly, female board members with no management background or outside talent are being recruited to female managerial positions.
It is expected that fewer companies will move to Company with US type 3 Statutory Committees in order to avoid increasing the number of statutory executive officers.


Side Effects of Matching Numbers to Raise the Percentage of Female Board Members

TSE Tokyo Price Index TOPIX

Side Effects of Matching Numbers to Raise the Percentage of Female Board Members