- Published: October 2011
Sojitz Corp. Jan 12
- ID: 2046873
- January 2012
- Standard & Poors
Manageable risks including limited concentration risk Adequate liquidity backed by close relationships with its main bank and other creditor banks Weak capital base compared to peers Weaker business franchise than peers due to fewer high-margin, long-term energy resource interests 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...
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.
Research Type: Full Analysis