Worsening Funding Conditions Following a Credit Rating Downgrade
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2021.
0 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「In March this year, the credit rating assigned by Rating and Investment Information, Inc. returned to "A-" for the first time in 19 years, since June 2002.」
In connection with the risk of deteriorating financing terms due to a ratings downgrade, the Group disclosed that its credit rating had previously returned to A-. - FY2018RestatedAnnual report
「Depending on the Group's future business performance, the ratings assigned by credit-rating agencies to the Group's long-term debt and commercial paper, among other instruments, could be downgraded, worsening financing terms and increasing interest expenses.」
The Group reiterated the risk that deteriorating business performance could affect ratings, financing terms and interest expenses. - FY2017RestatedAnnual report
「Depending on the Group's future business performance, the ratings assigned by credit-rating agencies to the Group's long-term debt and commercial paper, among other instruments, could be downgraded, worsening financing terms and increasing interest expenses.」
The Group reiterated the risk that a ratings downgrade could affect financing terms and interest expenses. - FY2016First statedAnnual report
「Depending on the Group's future business performance, the ratings assigned by credit-rating agencies to the Group's long-term debt and commercial paper, among other instruments, could be downgraded, worsening financing terms and increasing interest expenses.」
The Group indicated the possibility that deteriorating business performance could affect its ratings and financing costs.