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.

The Rift Between Managers and Shareholders of Standard Market-Listed Companies Is Likely to Deepen

Prime Market Is Still the Market with the Most Listed Companies Even After 171 Companies Are Removed

Preparation in Advance for In-Depth Discussions Is Important for Both Investors and Managers

TSE Should Shift Its Business Model from Growing Number of Listed Companies to Expanding Market Cap

Capital Efficiency Is the Topic of the June AGM, While What Is Happening to Passive Fund Voting?

How Much Can 'effort Targets' Speed up the Narrowing of the Gender Pay Gap?

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The number of companies that announced their intention to move to Standard Market has increased to 48, while most of 268 transitional companies are expected to move to Standard Market.</li>
<li>Companies that cannot meet Prime Market listing criteria in 2026 can also move to Standard Market by undergoing examination, so they don't need to announce their move in a hurry.</li>
<li>Prime Market has slimmed down from TSE 1st Section by 600 companies, but it will remain market where many companies with market capitalization of about 50 billion yen are listed. </li>
</ul>


The number of companies that announced their intention to move to Standard Market has increased to 48, while most of 268 transitional companies are expected to move to Standard Market.
Companies that cannot meet Prime Market listing criteria in 2026 can also move to Standard Market by undergoing examination, so they don't need to announce their move in a hurry.
Prime Market has slimmed down from TSE 1st Section by 600 companies, but it will remain market where many companies with market capitalization of about 50 billion yen are listed. 


The Fruit of TSE Market Reorganization Was the Creation of Prime Market with 600 Fewer Companies

TSE Tokyo Price Index TOPIX

The Fruit of TSE Market Reorganization Was the Creation of Prime Market with 600 Fewer Companies