Moodys Investors Service - Sumitomo Corporation (8053) Sumitomo Corporation: Update to Discussion of Key Credit Factors

Report

Moody's Investors Service

EUR 231.76 For Business Accounts Only

Sumitomo Corporation: Update to Discussion of Key Credit Factors

CORPORATES CREDIT OPINION 26 April 2017 Update RATINGS Sumitomo Corporation Domicile Japan Long Term Rating Baa1 Type LT Issuer Rating Outlook Negative Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Analyst Contacts Masako Kuwahara 81-3-5408-4155 VP-Senior Analyst

26/04/2017 9 EN

Underlying

Sumitomo Corporation

Sumitomo is a trading company conducting commodity transactions in all industries utilizing worldwide networks. Co. is engaged in the trading of range of goods and commodities; the planning, coordination and operation of urban and industrial infrastructure projects; consulting in areas such as system integration and technology development; transportation and logistics; investing in a variety of industries ranging from biotechnology to communications; developing natural resources; manufacturing and processing products such as steel products and textiles; developing and managing real estate; and operating retail stores.

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JP3404600003 Japan

Provider

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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