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 TSE as a Whole, There Are Far More Companies Whose Traditional Issues Have Not Been Resolved

Is the Gap Between the Skills Matrix and the Board Personnel Needed Widening?

Key to Look Carefully to See if What Is Disclosed Is Consistent with Profitability and Other Results

3/4 of the Companies Are Giving up the Opportunity to Communicate Their Value to Overseas Investors

The Standard that All 1,600 Prime Market Companies Could Do Would Be Loose

The Solution to Better Corporate Governance Is to Reduce the # of Companies with Large Shareholders

Isn't It Not Strong Enough to Raise ROE by Higher Profit Margin Due to Escape from Deflation?

How Long Will the Escape from Deflation Be a Greater Factor in Stock Price Rises than ROE?

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Stricter voting standards for domestic investment managers seem aimed at increasing value through engagement for companies that show little improvement in efforts to improve stock price and return on capital.</li>
<li>Stricter voting standards for policy shareholding ratios of domestic investment management companies are expected to push companies to consider reducing cross-shareholdings. Reference to deemed shareholdings is also commendable.</li>
<li>Since engagement of overseas investors has been effective in increasing value of companies, engagement by Japanese investment managers more seriously than before will contribute to enhancing the value of companies.</li>
</ul>


Stricter voting standards for domestic investment managers seem aimed at increasing value through engagement for companies that show little improvement in efforts to improve stock price and return on capital.
Stricter voting standards for policy shareholding ratios of domestic investment management companies are expected to push companies to consider reducing cross-shareholdings. Reference to deemed shareholdings is also commendable.
Since engagement of overseas investors has been effective in increasing value of companies, engagement by Japanese investment managers more seriously than before will contribute to enhancing the value of companies.


Stricter Voting Criteria for Domestic Asset Managers May Aim to Enhance Value Through Engagement

TSE Tokyo Price Index TOPIX

Stricter Voting Criteria for Domestic Asset Managers May Aim to Enhance Value Through Engagement