Deterioration in Funding Liquidity Due to Credit Rating Downgrades and Other Factors
First written in FY2017. 2 of 7 entries say "Mitigated", first in FY2020. Latest entry: FY2026-H1.
Seven Bank moved to the "Worse" side of this theme in 2021.
0 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「The company currently has issuer ratings from S&P Global Ratings of long-term “A-” with a “Stable” outlook and short-term “A-2,” as well as an issuer rating of “AA-” from Rating and Investment Information, Inc., with a “Stable” rating outlook.」
S&P’s long-term rating fell from A to A-, and its short-term rating fell from A-1 to A-2. R&I’s rating is AA- with a Stable outlook. - FY2024MitigatedAnnual report
「The company currently has issuer ratings from S&P Global Ratings of long-term “A” with a “Stable” outlook and short-term “A-1,” as well as an issuer rating of “AA-” from Rating and Investment Information, Inc., with a “Positive” rating outlook.」
S&P’s long-term outlook changed from Negative in the previous fiscal year to Stable, while R&I’s outlook changed from Stable to Positive. The rating levels are S&P A and R&I AA-. - FY2022WorsenedAnnual report
「The company currently has issuer ratings from S&P Global Ratings of long-term “A” with a “Negative” outlook and short-term “A-1,” as well as an issuer rating of “AA-” from Rating and Investment Information, Inc., with a “Stable” rating outlook.」
The long-term rating changed from A+ with a Stable outlook to A with a Negative outlook, while R&I’s rating changed from AA to AA-. - FY2021SoftenedAnnual report
「The company currently has issuer ratings from S&P Global Ratings of long-term “A+” with a “Stable” outlook and short-term “A-1.”」
The long-term A+ and short-term A-1 ratings were maintained, but the long-term outlook changed from “Positive” in the previous disclosure to “Stable.” - FY2020MitigatedAnnual report
「The company currently has issuer ratings from S&P Global Ratings of long-term “A+” with a “Positive” outlook and short-term “A-1,” as well as an issuer rating of “AA” from Rating and Investment Information, Inc., with a “Stable” rating outlook.」
The outlook for the long-term A+ rating changed from “Stable” to “Positive.” - FY2018RestatedAnnual report
「However, there can be no assurance that these ratings will be maintained in the future, and a downgrade could affect the company’s capital and funding.」
The risk that a rating downgrade could affect capital and funding remains. - FY2017First statedAnnual report
「The company currently has issuer ratings from S&P Global Ratings of long-term “A+” with a “Stable” outlook and short-term “A-1,” as well as an issuer rating of “AA” from Rating and Investment Information, Inc., with a “Stable” rating outlook. However, there can be no assurance that these ratings will be maintained in the future, and a downgrade could affect the company’s capital and funding.」
After presenting the current ratings, the company disclosed the impact of future downgrades on its capital and funding as a risk.