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.

Transitional Measures Will End in 2-3 Years, but Will Prime Market Listing Criteria Remain the Same?

More Effective for a Company to Show Background when It Raises Its Dividend Outlook

It's Not Who The Directors Come From, but Their Skills and Ability to Fulfill Their Fiduciary Duties

A Company Invested by an Activist Should Understand that It’s Not Fully Exploiting Its Potential

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The Nikkei article addresses high-dividend investing as short-term strategy, while "Quality Income" is in demand by long-term investors seeking stable long-term performance. Both strategies have different investor segments and needs.</li>
<li>Many Japanese companies have basic policy of "stable dividends," but it is easier for shareholders seeking to increase shareholder interests to understand a dividend policy based on clear cash allocations.</li>
<li>Given that Metrical's analysis also found no correlation between changes in market capitalization and dividend policy scores, linking dividends and stock price is a difficult problem.</li>
</ul>


The Nikkei article addresses high-dividend investing as short-term strategy, while "Quality Income" is in demand by long-term investors seeking stable long-term performance. Both strategies have different investor segments and needs.
Many Japanese companies have basic policy of "stable dividends," but it is easier for shareholders seeking to increase shareholder interests to understand a dividend policy based on clear cash allocations.
Given that Metrical's analysis also found no correlation between changes in market capitalization and dividend policy scores, linking dividends and stock price is a difficult problem.


"Stable Dividend" Tradition May Have Something to Do with Rewarding Cross-Held Shareholders

TSE Tokyo Price Index TOPIX

"Stable Dividend" Tradition May Have Something to Do with Rewarding Cross-Held Shareholders