Report
EUR 180.96 For Business Accounts Only

Steel - Japan: Moody's: Japanese steel majors show recovery in 3Q; ratings unaffected

CORPORATES ISSUER COMMENT 3 February 2017 Analyst Contacts Takashi Akimoto 81-3-5408-4208 Assistant Vice President-Analyst Moody’s Japan K.K. [email protected] Kenichiro Sano 81-3-5408-4157 Associate Analyst Moody’s Japan K.K. [email protected] Ian Lewis 81-3-5408-4033 Associate Managing Director Moody’s Japan K.K. [email protected]
Underlying
JFE Holdings Inc.

JFE Holdings is a holding company. Co.'s principal business segments are steel, engineering, and trading. Co., through its subsidiaries and associated companies, is engaged in the manufacture and sale of steel products including sheets, plates, shapes, pipes and tubes, stainless and specialty steels, electrical steels, bars and wire rods, and iron powders; and the provision of engineering services in such fields as energy industries, environmental industries, and water and waste water facilities; as well as the domestic and overseas trading including both importing and exporting, mainly steel products, but also raw materials for steel, non-ferrous metals, chemicals, machinery and ships.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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