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 High Stock Valuations and High Profitability Will Increasingly Attract Investment

Companies that Don't Have Growth Plans but Are Competitive in a Specific Market Are Targeted for MBO

Will the Creation of a Private Stock Market Help Accelerate Industry Restructuring?

Interesting that the Buy Parent Company + Sell Subsidiary Trade Does Not Work

Overseas Investors Have Done a Great Deal to Improve the Governance of Japanese Companies, But...

Changing Japanese Companies Is Not TSE Request but Inflation that Changes Mindset of All Managers

Still Many "Parent-Subsidiary Listings" Keep to Provide Investment Opportunities for Inefficiencies

MBOs Would Open the Door to Investment for Companies that Weren’t Invested for Fear Of "Value Trap"

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>Overseas investors have increased buying Japanese stocks in anticipation of acceleration in profit growth due to the shift to inflation. This is consistent with the trends of ROE and TOPIX.</li>
<li>As far as ROE trends are concerned, neither share buybacks nor dividends are sufficient. It may be said that many managers are still dominated by a deflationary mindset.</li>
<li>Companies with high foreign shareholdings are seeing changes that are starting to use cash more effectively. However, it’ll take time, as most companies will start to move after asking around.</li>
</ul>


Overseas investors have increased buying Japanese stocks in anticipation of acceleration in profit growth due to the shift to inflation. This is consistent with the trends of ROE and TOPIX.
As far as ROE trends are concerned, neither share buybacks nor dividends are sufficient. It may be said that many managers are still dominated by a deflationary mindset.
Companies with high foreign shareholdings are seeing changes that are starting to use cash more effectively. However, it’ll take time, as most companies will start to move after asking around.


When Will Deflationary Mindset of Managers Disappear? Some Companies Have Begun to Change, Though

TSE Tokyo Price Index TOPIX

When Will Deflationary Mindset of Managers Disappear? Some Companies Have Begun to Change, Though