1. Rating target & rating
Rating target
Long-term bond
Rating
BBB
Forecast
Stable
2. Rating firm
Japan Credit Rating Agency, Ltd. (JCR)
3. Rating acquisition date
August 29, 2019
4. Reason for rating acquisition
Acquiring evaluation from an objective third party increases the transparency of management and the financial strength which is the management foundation of the Company. It also enables diverse and stable procurement of funds, as well as procurement of funds which adapts to changes in the business environment.