Moody's: Japanese corporates face restrained recovery in 2017
Tokyo, November 24, 2016-- Moody's Japan K.K. Service says that Japanese corporates face the prospects of a restrained recovery in 2017-- which would include stable earnings-- because of expectations of muted domestic and low global GDP growth. "Moreover, structural reforms and cautious financial management by Japan's corporates will-- after a weak performance in 2016-- lead to modestly reduced leverage, thereby supporting credit quality and ratings," says Masako Kuwahara, a Moody's...
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