Credit Ratings and Debentures

Credit Ratings

As of March, 2025

Credit rating agency Long-term Debt(Outlook) Short-term Debt

Moody's Investors Service

A2 (Stable)

P-1

S&P Global Ratings

A (Stable)

A-1

Rating & Investment Information (R&I)

AA (Stable)

a-1+

Japan Credit Rating Agency (JCR)

AA+ (Stable)

J-1+
  • Please refer to credit rating agencies' own websites (links below) for further information.

Historical Rating Changes

[図]

Debentures

Unsecured bonds and notes

  Millions of Yen Millions of
U.S. Dollars
Year of issuance, Coupon, Type of bond, Maturity Mar. 2026 Mar. 2025 Mar. 2026

Issued in 2013–2026, 0.4%–1.9% Yen Bonds due 2025–2034
(Including Commercial paper)

418,863

342,853

2,620

Issued in 2021, 1.6% U.S. Dollar Bonds due 2026

-

74,760

-

Issued in and after 2020, debentures and others issued by subsidiaries, maturing through 2031

151,575

39,825

948

Subtotal

570,438

457,438

3,568