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Revision of Rating

Jan 25, 2019

Rating of Tokyo Century Corporation and its consolidated subsidiaries, Nippon Car Solutions Co., Ltd. and Fujitsu Leasing Co., Ltd. were revised by Japan Credit Rating Agency, Ltd. as of January 25, 2019 as follows:

1. Rating
(1) Tokyo Century Corporation

Rating Change Rating Outlook
Long-term Issuer Rating from A+ to AA- From Positive to Stable
Bonds from A+ to AA-
Euro Medium-Term Note Program from A+ to AA-
Preliminary Rating for Bonds Registered for Issuance from A+ to AA-
Commercial Paper from J-1 to J-1+

(2) Nippon Car Solutions Co., Ltd.

Rating Change Rating Outlook
Long-term Issuer Rating from A+ to AA- From Positive to Stable
Commercial Paper from J-1 to J-1+

(3) Fujitsu Leasing Co., Ltd.

Rating Change Rating Outlook
Long-term Issuer Rating from A+ to AA- From Positive to Stable
Commercial Paper from J-1 to J-1+

2. Credit rating agency
Japan Credit Rating Agency, Ltd. (JCR)

3. Announced date
January 25, 2019

 

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