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.

Unification of Quarterly Reports Will Further Increase the Role of TSE

It's Unreasonable to Hope for Higher Stock Prices While Being Reluctant to Disclose Information

Is the Rise in TOPIX Anticipating the Actual Rise in ROE+DOE?

The Attitude Toward Information Disclosure May Make a Further Difference in Stock Valuations

Japan's Governance: About an Article on Quarterly Disclosure Controversy

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

Quarterly Disclosure Discussions Leave Investor Perspectives Behind

The Timing of the Mandatory Disclosure of Human Capital Information Should Not Be a Sticking Point

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Since there's little opposition to the argument that quarterly securities reports should no longer be mandatory, securities reports in 1Q/3Q are almost identical content to the disclosures to TSE.</li>
<li>To ensure the reliability of the financial statements submitted to TSE, which are replacing current statutory documents, the requirement of review by auditor could be a solution to the problem.</li>
<li>In this review, the addition of the cash flow statement and segment information in 1Q and 3Q financial statements is very useful and a step forward.</li>
</ul>


Since there's little opposition to the argument that quarterly securities reports should no longer be mandatory, securities reports in 1Q/3Q are almost identical content to the disclosures to TSE.
To ensure the reliability of the financial statements submitted to TSE, which are replacing current statutory documents, the requirement of review by auditor could be a solution to the problem.
In this review, the addition of the cash flow statement and segment information in 1Q and 3Q financial statements is very useful and a step forward.


Unification of Quarterly Securities Reports with Financial Summary to TSE Is Generally Appropriate

TSE Tokyo Price Index TOPIX

Unification of Quarterly Securities Reports with Financial Summary to TSE Is Generally Appropriate