Moody's Ratings (Moody's) has completed a periodic review of the ratings of ITOCHU Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 17 July 2024 in which we reassessed the appropriateness of the ratings in the context of...
Announcement: Moody's: ITOCHU's takeover of FamilyMart is credit negative; no ratings impact. Global Credit Research- 09 Jul 2020. Tokyo, July 09, 2020-- Moody's Japan K.K. says that ITOCHU Corporation's tender offer bid to take private the convenience store chain FamilyMart Co., Ltd. is credit negative, because it will increase its leverage, although the overall impact on its metrics should be manageable.
Moody's Japan K.K. says that ITOCHU Corporation's (A3, stable) announcement of a planned tender offer for FamilyMart UNY Holdings Co., Ltd. stock has no impact on its rating or outlook. On 19 April, ITOCHU announced that it plans to increase its stake in FamilyMart UNY Holdings, which ...
Rating Action: Moody's upgrades ITOCHU to A3; outlook stable. Global Credit Research- 30 Nov 2017. Tokyo, November 30, 2017-- Moody's Japan K.K. has upgraded ITOCHU Corporation's issuer rating to A3 from Baa1 and affirmed its Prime-2 Commercial Paper rating.
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