Japan Credit Rating Agency upgraded ZENSHO HOLDINGS CO., LTD.’s long-term issuer rating from A- to A and changed the outlook from Positive to Stable.
Japan Credit Rating Agency (JCR) announced that it had upgraded ZENSHO HOLDINGS CO., LTD.’s long-term issuer rating from “A-” to “A”. In connection with the upgrade, the rating outlook was changed from the previous “Positive” to “Stable”.
The rating covers ZENSHO HOLDINGS CO., LTD.’s long-term issuer rating. The company had maintained its previous outlook, but the upgrade is reportedly attributable to improvements in the assessment of its financial stability and business continuity.