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Toshiba Receives Rating from JCR and Withdraws from Rating by Moody’s

15 Dec, 2020

TOKYO― Toshiba Corporation (TOKYO: 6502) today announced that it has received the rating detailed below from Japan Credit Rating Agency, Ltd. (JCR), and that it has decided to request Moody’s Japan K.K. to withdraw from rating Toshiba.

Ratings of Toshiba by Rating and Investment Information, Inc. (R&I) and S&P Global Ratings Japan Inc. will continue, and Toshiba Group will continue making efforts to improve business performance and maintain and utilize a solid financial position.

 

1.   JCR Rating

Rating Agency

Issuer

Issuer Rating

JCR

Long-term Issuer

Commercial Paper

BBB+ (Outlook: Stable)

J-2

For a detailed explanation, please refer to the JCR announcement. (https://www.jcr.co.jp/en/)

 

2.   Future outlook
This matter will have no impact on the company’s business results.

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Information in the news releases, including product prices and specifications, content of services and contact information, is current on the date of the press announcement, but is subject to change without prior notice.

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