- Published: June 2012
- Region: Global
Summary: Sojitz Corp. Jan 12
- Published: January 2012
- Standard & Poors
The rating on Sojitz Corp. reflects manageable risks, including limited concentration risk and adequate liquidity, backed by close relationships with its main bank and other creditor banks. The company also has a stable financial profile, backed by its efforts to maintain a prudent investment stance, which further underpins the rating. On the other hand, these strengths are partly offset by a weak capital base as well as a weak business franchise in comparison with its peers due to fewer high-margin, long-term energy resource-related interests. For Sojitz to improve its credit quality, Standard & Poor's Ratings Services believes that the company faces a key challenge to establish a business base that enables the company to secure stable earnings. In our view,...
Companies mentioned in this report are: Sojitz Corp.
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.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
SHOW LESS READ MORE >