Notice regarding new credit rating acquisition
October 22, 2024
ShinMaywa Industries, Ltd. (Head Office: Takarazuka-shi, Hyogo, Japan; President & CEO: Tatsuyuki Isogawa, hereinafter "the Company") hereby announces that it has acquired a new credit rating from Japan Credit Rating Agency, Ltd. (hereinafter "JCR") .
1. Details of the newly acquired credit rating
Issuer: ShinMaywa Industries, Ltd.
| Institution name | Target rating | Rating (Outlook) | Date of Credit rating announcement |
|---|---|---|---|
| JCR | Long-term Issuer Rating | A- (Stable) | October 22, 2024 |
２．Purpose of credit rating acquisition
The Company intends to diversify and stabilize future financing, by obtaining an objective evaluation of its business and financial condition from a third party institution.
For more details, please refer to the news release disclosed from JCR.
Contact Information Regarding this Matter
Public Relations Department, Corporate Planning Division ShinMaywa Industries, Ltd.
1-1 Shinmeiwa-cho, Takarazuka, Hyogo, 665-8550, Japan
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