Corporate Bond and Ratings

As of August 1, 2019

Bond Information

There is no bond at present.

Rating

Rating Agency Japan Credit Rating Agency (JCR)
Long-Term Issuer Rating A+/Stable

Definitions of Rating Symbols (Japan Credit Rating Agency, Ltd. - JCR)

AAA The highest level of certainty of an obligor to honor its financial obligations
AA A very high level of certainty to honor the financial obligations
A A high level of certainty to honor the financial obligations
BBB An adequate level of certainty to honor the financial obligations. However, this certainty is more likely to diminish in the future than with the higher rating categories.
BB Although the level of certainty to honor the financial obligations is not currently considered problematic, this certainty may not persist in the future.
B A low level of certainty to honor the financial obligations, giving cause for concern
CCC There are factors of uncertainty that the financial obligations will be honored, and there is a possibility of default.
CC A high default risk
C A very high default risk
LD JCR judges that while an obligor does not honor part of the agreed to financial obligations, but it honors all its other agreed to financial obligations.
D JCR judges that all the financial obligations are, in effect, in default.

A plus (+) or minus (-) sign may be affixed to the rating symbols from AA to B to indicate relative standing within each of those rating scales.

Rating Trend (Japan Credit Rating Agency, Ltd. - JCR)

August 2018 A+ negative → Stable
June 2017 A+ negative
June 2016 AA- → A+ negative
May 2015 AA- Stable → negative
February 2014 AA- Stable
February 2013 AA- Stable
February 2012 AA- Stable
January 2011 AA- Stable
January 2010 AA- Stable

Last updated : 2019/08/09