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.

Drivers of Corporate Governance Improvement Are the Percentage of Foreign Shareholdings

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

Improved Profitability to Attract Overseas Investors Key to Raise Valuation Even After TSE's Request

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

What Lies Behind the Inability to Come up with Flexible Cash Usage Is

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The reason why investor engagement is effective is in the exercise of voting rights. Engagement is considered to have been effective around 2014, when foreign ownership exceeded 30%.</li>
<li>Engagement is generally effective in the funds entrusted to GPIF, according to the results of the study. GPIF should raise fees to allow investment managers to engage in fruitful engagement.</li>
<li>This tends to be a generic question for passive funds. If we expect engagement to be more effective in the future, we need to increase the number of active funds.</li>
</ul>


The reason why investor engagement is effective is in the exercise of voting rights. Engagement is considered to have been effective around 2014, when foreign ownership exceeded 30%.
Engagement is generally effective in the funds entrusted to GPIF, according to the results of the study. GPIF should raise fees to allow investment managers to engage in fruitful engagement.
This tends to be a generic question for passive funds. If we expect engagement to be more effective in the future, we need to increase the number of active funds.


The Challenge Is to Raise the Quality of Engagement. To Do So, Active Funds Need to Be Increased

TSE Tokyo Price Index TOPIX

The Challenge Is to Raise the Quality of Engagement. To Do So, Active Funds Need to Be Increased