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Ratings On Hitachi And Group Companies Affirmed On Planned Capital Increase Nov 09 Product Image

Ratings On Hitachi And Group Companies Affirmed On Planned Capital Increase Nov 09

  • Published: November 2009
  • Standard & Poors

Abstract
Hitachi, Ltd.'s debt-to-capital structure expected to recover to an extent if the company's plan to raise capital succeeds. Hitachi's financial risk profile should remain within currently anticipated levels, despite expectations that any improvement in its fiscal 2010 financial performance is likely to be modest. Standard & Poor's affirmed its ratings and outlooks on Hitachi, Hitachi Capital Corp., and Hitachi Capital Insurance Corp. TOKYO (Standard & Poor's) Nov. 16, 2009--Standard & Poor's Ratings Services today affirmed its 'BBB+' long-term corporate credit rating on Hitachi, Ltd. (Hitachi; BBB+/Stable/A-2), 'A-' long-term counterparty credit rating on Hitachi Capital Corp. (A-/Stable/A-2), and 'A-' financial strength rating on Hitachi Capital Insurance Corp. (A-/Stable/--), following Hitachi's announcement today that it plans to raise capital through the sale...

Companies mentioned in this report are: Hitachi, Ltd.,Hitachi Capital Corp.,Hitachi Capital (U.K.) PLC,Hitachi Capital America Corp.,Hitachi International (Holland) B.V.,Hitachi Finance (U.K.) PLC,Hitachi Asia Ltd.,Hitachi America Capital Ltd.,Hitachi International Treasury Ltd.,Hitachi Capital READ MORE >

Hitachi, Ltd.,Hitachi Capital Corp.,Hitachi Capital (U.K.) PLC,Hitachi Capital America Corp.,Hitachi International (Holland) B.V.,Hitachi Finance (U.K.) PLC,Hitachi Asia Ltd.,Hitachi America Capital Ltd.,Hitachi International Treasury Ltd.,Hitachi Capital Insurance Corp.

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