Notice Concerning Rating Change by Rating and Investment Information, Inc. (R&I) (Upgrading to AA－, Previously A＋)

Tokyo Century Corporation's issuer rating obtained from Rating and Investment Information, Inc. (R&I) was revised from A＋ to AA－ as follows:
(R&I website: https://www.r-i.co.jp/en/index.html)

1. Rating

2. Credit rating agency
Rating and Investment Information, Inc. (R&I)

3. Announced date
June 28, 2023
(Reference) Tokyo Century’s rating information: Bond Ratings