Bond Ratings

Japan Credit Rating Agency Target Rating Unsecured debenture
Long-term senior debts
Rating AA
Forecast Stable
Rating and
Investment Information, Inc
Target Rating Issuer
Rating A+
Rating Stable

Definitions of the Ratings Above

  • Japan Credit Rating Agency [AA]
    Extremely reliable performance of obligations
  • Rating and Investment Information, Inc. [A+]
    Highly creditworthy with some excellent elements

Note: Ratings are evaluations made by third-party institutions of the repayment capacity of entities (companies, etc.) issuing bonds based on overall decisions taking into account a variety of aspects such as finance, operations, earnings, management policies and clients.