Credit Ratings

As of February 28, 2025

Japan Credit Rating Agency, Ltd. (JCR)

Type of Rating Type of Debt Rating Announced
Long-term debt Rating Bonds No.25, No.32, No.41, No.42, No.43, No.44, No.45, No.46, No.47, No.48 AA- April 10, 2024
Long-term Issuer Rating (outlook) AA- (Stable) February 20, 2024

Rating and Investment Information, Inc. (R&I)

Type of Rating Type of Debt Rating Announced
Short-term debt Rating Commercial Paper a-1 March 27, 2024
Long-term debt Rating Bonds No.25 A+ February 28, 2025
Issuer Rating A+ (Stable) February 28, 2025

Moody's

Type of Rating Type of Debt Rating Announced
Issuer Rating (outlook) Baa3 (Stable) July 29, 2024