Achieving an A credit rating during the Fourth Medium-Term Business Plan period
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q2. Latest entry: FY2022-Q2.
The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Achieved".
- FY2022-Q2AchievedAnnual report
「As a result of efforts to strengthen its financial position, the credit ratings assigned by the Japan Credit Rating Agency (JCR) and Rating and Investment Information (R&I) were both upgraded to “A- (single-A minus), stable.”」
In connection with the target of obtaining an A credit rating during the Fourth Medium-Term Business Plan period, both JCR and R&I upgraded their ratings to A- (stable). - FY2021First statedAnnual report
「While carefully selecting capital investment projects during the three-year period of the Fourth Medium-Term Business Plan, the company aims to strengthen its cash-generating capacity and improve cash flow to enable further growth under the Fifth Medium-Term Business Plan, and to obtain an A credit rating during the Fourth Medium-Term Business Plan period.」
The company stated for the first time its target of obtaining an A credit rating during the Fourth Medium-Term Business Plan period, using selective capital investment, stronger cash-generating capacity, and improved cash flow as the means.