Outlooks Revised To Negative On Six Japanese Public Institutions Following Sovereign Outlook Revision Apr 11

Standard & Poors, April 2011

Abstract
We reviewed the ratings on a number of Japanese government-related entities following the revision to negative from stable of the outlook on the sovereign rating on Japan. We revised to negative from stable our outlooks on the long-term ratings on JFC, JICA, JEHDRA, JHF, JFM, and NAA. We affirmed the long-term ratings on DBJ. TOKYO (Standard & Poor's) April 27, 2011--Standard & Poor's Ratings Services today said that it had revised to negative from stable the outlooks on the long-term issuer credit ratings on Japan Finance Corp. (JFC), Japan International Cooperation Agency (JICA), Japan Expressway Holding and Debt Repayment Agency (JEHDRA), Japan Housing Finance Agency (JHF), Japan Finance Organization for Municipalities (JFM), and Narita International Airport (NAA). At the same...

Companies mentioned in this report are: Japan Finance Corp.,Development Bank of Japan Inc.,Japan Housing Finance Agency,Japan Expressway Holding and Debt Repayment Agency,Narita International Airport Corp.,Japan Finance Organization for Municipalities,Japan International Cooperation Agency
Action: Outlook: Negative

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Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Japan Finance Corp.,Development Bank of Japan Inc.,Japan Housing Finance Agency,Japan Expressway Holding and Debt Repayment Agency,Narita International Airport Corp.,Japan Finance Organization for Municipalities,Japan International Cooperation Agency

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