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. 2025 Mar. 2024 Mar. 2025

Issued in 2013–2025, 0.0%–1.2% Yen Bonds
due 2024–2034
(Including Commercial paper)

342,853

293,995

2,293

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

74,760

75,705

500

Issued in and after 2019, debentures issued by subsidiaries and others maturing through 2029

39,825

44,833

266

Subtotal

457,438

414,4493

3,059