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Marubeni (8002) · FactDisclosure of rating upgrades

Obtaining credit ratings from multiple rating agencies

First written in FY2020-Q1. 6 of 13 entries say "Restated". Latest entry: FY2026.

13entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY20262019: 120192020: 020202021: 120212022: 320222023: 420232024: 220242025: 120252026: 12026
Same theme, other companies
Acquisition and maintenance of credit ratings from multiple rating agenciesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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Full recordFilings, disclosures and news, newest first
  1. FY2026Disclosure of rating upgradesAnnual report

    「S&P raised its long-term rating to A- (outlook: "Stable") on 18 November 2025.」

    The year-end rating information disclosed that S&P's long-term rating had been raised from BBB+ to A-.
  2. FY2026-H1RestatedAnnual report

    「As of the end of the interim period of the current fiscal year, the long-term ratings were Moody's Baa1 (outlook: "Stable"), S&P BBB+ (outlook: "Positive"), R&I AA- (outlook: "Stable"), and JCR AA (outlook: "Stable").」

    The 4 agencies' long-term ratings and outlooks were reconfirmed with no changes from the previous disclosure.
  3. FY2025-H1RestatedAnnual report

    「As of the end of the interim period of the current fiscal year, the long-term ratings were Moody's Baa1 (outlook: "Stable"), S&P BBB+ (outlook: "Stable"), R&I AA- (outlook: "Stable"), and JCR AA (outlook: "Stable").」

    The 4 agencies' long-term ratings and outlooks were reconfirmed with no changes from the disclosures at the end of the previous fiscal year.
  4. FY2024Disclosure of rating upgradesAnnual report

    「JCR raised its long-term rating to AA (outlook: "Stable") on 4 June 2024.」

    After disclosing the 4 agencies' ratings as of the fiscal year-end, it was stated that JCR had raised its rating from AA- to AA before the filing date.
  5. FY2024-Q2RestatedAnnual report

    「As of the end of the second quarter of the current fiscal year, the long-term ratings were Moody's Baa1 (outlook: "Stable"), S&P BBB+ (outlook: "Stable"), R&I AA- (outlook: "Stable"), and JCR AA- (outlook: "Stable").」

    The long-term rating levels and outlooks of the 4 agencies were reconfirmed with no changes from the end of the previous quarter.
  6. FY2024-Q1Disclosure of rating upgradesAnnual report

    「R&I raised its long-term rating to AA- (outlook: "Stable") on 12 July 2023, while Moody's raised its long-term rating to Baa1 (outlook: "Stable") on 24 July 2023.」

    It was disclosed that, by the filing date, R&I's long-term rating had been raised from A+ to AA-, and Moody's from Baa2 to Baa1.
  7. FY2023RestatedAnnual report

    「As of the end of the current fiscal year, the long-term ratings were Moody's Baa2 (outlook: "Positive"), S&P BBB+ (outlook: "Stable"), R&I A+ (outlook: "Stable"), and JCR AA- (outlook: "Stable").」

    The year-end results, maintaining the long-term rating levels of the 4 agencies, were disclosed.
  8. FY2023-Q3Update to rating outlooksAnnual report

    「As of the end of the third quarter of the current fiscal year, the long-term ratings were Moody's Baa2 (outlook: "Positive"), S&P BBB+ (outlook: "Stable"), R&I A+ (outlook: "Stable"), and JCR AA- (outlook: "Stable").」

    The long-term rating levels of the 4 agencies were maintained from the previous disclosure, while Moody's outlook was stated as "Positive," changed from "Stable."
  9. FY2023-Q1RestatedAnnual report

    「As of the end of the first quarter of the current fiscal year, the long-term ratings were Moody's Baa2 (outlook: "Stable"), S&P BBB+ (outlook: "Stable"), R&I A+ (outlook: "Stable"), and JCR AA- (outlook: "Stable").」

    The long-term ratings and outlooks of 4 agencies, including S&P, R&I and JCR, which had been upgraded by the end of the previous fiscal year, were restated as of the end of the first quarter.
  10. FY2022Disclosure of rating upgradesAnnual report

    「In addition, S&P upgraded its long-term rating to BBB+ (outlook: “stable”) on 14 April 2022, R&I upgraded its long-term rating to A+ (outlook: “stable”) on 26 May 2022, and JCR upgraded its long-term rating to AA- (outlook: “stable”) on 2 June 2022.」

    In addition to the year-end ratings, disclosure was made by the filing date of upgrades to the long-term ratings of S&P, R&I and JCR.
  11. FY2022-Q3Update to rating outlooksAnnual report

    「As of the end of the third quarter of the current fiscal year, the long-term ratings were Baa2 for Moody’s (outlook: “stable”), BBB for S&P (outlook: “positive”), A for R&I (outlook: “stable”), and A+ for JCR (outlook: “stable”).」

    The long-term rating levels of the 4 agencies were republished, with the third-quarter-end rating information including S&P’s “positive” outlook.
  12. FY2022-Q2RestatedAnnual report

    「As of the end of the second quarter of the current fiscal year, the long-term ratings were Baa2 for Moody’s, BBB for S&P, A for R&I, and A+ for JCR.」

    The long-term credit ratings obtained from 4 agencies and their rating levels were republished without change from the previous quarter.
  13. FY2020-Q1First statedAnnual report

    「The Company has obtained ratings from Moody’s Japan K.K. (Moody’s), S&P Global Ratings Japan Inc. (S&P), Rating and Investment Information, Inc. (R&I), and Japan Credit Rating Agency, Ltd. (JCR). As of the end of the first quarter of the current fiscal year, the long-term ratings were Baa2 for Moody’s, BBB for S&P, A for R&I, and A+ for JCR.」

    The long-term credit ratings obtained from 4 agencies and the rating levels as of the quarter-end were presented for the first time as a standalone disclosure.
Moved together

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When this could move next
Marubeni's next results are scheduled for 2026-11-04. Read the earnings preview
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Obtaining credit ratings from multiple rating agencies | Marubeni Corporation (8002) | Komori