- Language: English
- Published: December 2012
- Region: Japan
Outlook On Japan Sovereign Credit Rating Revised To Negative; Ratings Affirmed At 'AA-/A-1+'
- Published: April 2011
- Region: Japan
- Standard & Poors
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
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.
Overview Standard & Poor's expects costs related to the March 11, 2011, earthquake, tsunami, and nuclear power plant disaster will increase Japan's fiscal deficits above prior estimates by a cumulative 3.7% of GDP through 2013. We revised the outlook on the long-term rating on Japan to negative to reflect the potential for a downgrade if fiscal deterioration materially exceeds these estimates in the absence of greater fiscal consolidation. We affirmed our long- and short-term sovereign credit ratings on Japan at 'AA-' and 'A-1+', respectively. SINGAPORE (Standard & Poor's) April 27, 2011--Standard & Poor's Ratings Services said today that it had revised to negative from stable its outlook on the long-term ratings on Japan. At the same time, Standard & Poor's...
Companies mentioned in this report are: Japan (Unsolicited Ratings)
Action: Outlook: Negative
SHOW LESS READ MORE >
Japan (Unsolicited Ratings)