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.

Companies with Low ROEs Have Corporate Governance Practices that Only Make It So

Skills Matrix Disclosures Give Us the Opportunity to See Through The "Sham Board, Disclosures"

Shareholder Returns Will Increase over June AGM, but Will Companies Hold up with Sluggish ROE?

TSE's "Request" Is a Catalyst for a Final Decision on the Foundation of Years of Engagement

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>It is very difficult to ensure the independence and transparency of a committee when the board of directors is staffed with people who are aligned with the president's wishes.</li>
<li>Companies with high ROE have superior corporate governance, due to effective overseas investor's engagement, while companies with low ROE show unclear policies for improving ROE, despite having formalized board practice.</li>
<li>To improve the effectiveness of the board, companies should appoint people to the board who will help expand the value of the company, and use engagement with overseas investors etc.</li>
</ul>


It is very difficult to ensure the independence and transparency of a committee when the board of directors is staffed with people who are aligned with the president's wishes.
Companies with high ROE have superior corporate governance, due to effective overseas investor's engagement, while companies with low ROE show unclear policies for improving ROE, despite having formalized board practice.
To improve the effectiveness of the board, companies should appoint people to the board who will help expand the value of the company, and use engagement with overseas investors etc.


To Expand Value and Improve Capital Profitability, the Promotion of Human Resources Is Necessary

TSE Tokyo Price Index TOPIX

To Expand Value and Improve Capital Profitability, the Promotion of Human Resources Is Necessary