- Language: English
- Published: January 2011
- Region: Japan
S&PCORRECT: Mitsui, Sumitomo, Marubeni, And Sojitz Upgraded; Outlook On Mitsubishi To Positive Mar 05
- Published: March 2005
- Standard & Poors
(Editor's note: In the version of this release published earlier today, Sumitomo Corp.'s core operating profit was incorrectly stated. A corrected version follows.) TOKYO (Standard & Poor's) March 8, 2005--Standard & Poor's Ratings Services today raised its long-term corporate credit ratings on Mitsui & Co. Ltd. and Sumitomo Corp. to 'A-' from 'BBB+', Marubeni Corp. to 'BB' from 'BB-', and Sojitz Corp. to 'BB-' from 'B+'. The outlooks on the ratings on Mitsui, Sumitomo, and Marubeni are positive, and the outlook on Sojitz is stable (see list below). At the same time, Standard & Poor's revised its outlook to positive from stable on the long-term credit rating on Mitsubishi Corp. (A-/Positive/A-2) and affirmed its ratings. The ratings actions affect all...
Companies mentioned in this report are: Mitsubishi Corp.,Mitsui & Co. Ltd.,Sumitomo Corp.,Marubeni Corp.,Sojitz Corp.
Action: Outlook: Positive
Action: Outlook: Stable
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Research type: News
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Mitsubishi Corp.,Mitsui & Co. Ltd.,Sumitomo Corp.,Marubeni Corp.,Sojitz Corp.