- Language: English
- Published: January 2012
Summary: Sojitz Corp. Jan 12
- ID: 2046470
- 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.
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