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.

ORIX Has Responsibility to Explain Transformation of DHC into a Company that Respects Human Rights

Share Trading Unit System, Which Made AGM Skeleton and Spurred Cross-Shareholdings, Has Done Its Job

Has the “Unit of Investment” Principle Spoiled the Companies?

Voting Rights that Fulfill Fiduciary Duty Are a Key for Tense Corporate Management Practices

Isn't Performance of Japanese Stocks, After All, the Reason for Declining % Individual Shareholders?

The State of Listed Companies Should Be Discussed Together with Discussion of Quarterly Disclosure

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>If stock price is high, then a stock split is the way to go, and stockbrokers have provided a mechanism for trading shares in less than single-unit in the past.</li>
<li>The issue isn't "the trading unit should be lowered because people can't buy shares with high stock prices" but "let's improve so that people can become shareholders with one share.</li>
<li>If Japanese companies are reluctant to increase the number of diverse shareholders, this would be in line with their slower progress in solving issues: diversity, human rights, and environment.</li>
</ul>


If stock price is high, then a stock split is the way to go, and stockbrokers have provided a mechanism for trading shares in less than single-unit in the past.
The issue isn't "the trading unit should be lowered because people can't buy shares with high stock prices" but "let's improve so that people can become shareholders with one share.
If Japanese companies are reluctant to increase the number of diverse shareholders, this would be in line with their slower progress in solving issues: diversity, human rights, and environment.


The Crux of the Problem Is the Company's Reluctance to Increase the Number of Diverse Shareholders

TSE Tokyo Price Index TOPIX

The Crux of the Problem Is the Company's Reluctance to Increase the Number of Diverse Shareholders