Fuji Photo Film Co. Ltd. Ratings Affirmed Oct 00
- ID: 1827088
- October 2000
- Standard & Poors
TOKYO (Standard & Poor's CreditWire) Oct. 25, 2000--Standard & Poor's today affirmed its double-'A' long-term ratings and 'A-1'-plus short-term ratings on Fuji Photo Film Co. Ltd. and its related entities (Fuji FILM America Inc., Fuji Photo Film Finance (Netherlands) B.V., Fuji Photo Film Finance B.V., and Fuji Photo Film Finance USA Inc.). The outlooks on the long-term ratings are stable. The rating action follows Fuji Photo Film's announcement that it will begin negotiations with Xerox Corp. over the possible purchase of a further 25% equity stake in Fuji Xerox Co. Ltd. (A/Stable/--). Fuji Photo Film currently owns 50% of Fuji Xerox. Standard & Poor's expects Fuji Photo Film's financial profile to remain very strong even if the acquisition takes place....
Companies mentioned in this report are: FUJIFILM Holdings Corp.,FUJIFILM Finance U.S.A. Inc.,FUJIFILM Holdings America Corp.,Fuji Photo Film Finance B.V.,FUJIFILM Finance Europe B.V.,Fuji Xerox Co. Ltd.
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