Yamaguchi Financial Group, Inc., as well as The Yamaguchi Bank, Ltd., Momiji Bank, Ltd., and The Kitakyushu Bank, Ltd., have obtained credit ratings from Rating and Investment Information, Inc. (R&I), a credit rating agency.
|
Rating |
Rating Outlook |
|
|
Yamaguchi Financial Group |
A+ |
Stable |
|
Yamaguchi Bank |
A+ |
Stable |
|
Momiji Bank |
A+ |
Stable |
|
Kitakyushu Bank |
A+ |
Stable |
As of
|
AAA |
Creditworthiness is extremely strong, with many outstanding strengths. |
|
AA |
Creditworthiness is very strong, with excellent strengths. |
|
A |
Creditworthiness is strong, with some excellent strengths. |
|
BBB |
Creditworthiness is adequate; however, if the business environment changes significantly, there are factors that require attention. |
|
BB |
Creditworthiness is not weak at present, but if the business environment changes, sufficient attention is required. |
|
B |
Creditworthiness is vulnerable, with factors that require particular attention. |
|
CCC |
Creditworthiness is materially weak, and there is a strong concern regarding difficulty in meeting financial obligations. |
|
CC |
There is a strong possibility that all financial obligations of the issuer may become impossible to fulfill. |
|
D |
A rating assigned by R&I when it determines that all financial obligations of the issuer are in default. |
Source: Rating and Investment Information, Inc. (R&I)
For ratings from AA to CCC, a plus (+) or minus (–) sign may be added to indicate relative standing within the same rating category, with “+” indicating a position closer to the higher rating and “–” indicating a position closer to the lower rating.
The plus/minus designation forms part of the rating.
The “Rating Outlook” represents the opinion of Rating and Investment Information, Inc. (R&I) regarding the medium-term direction of an issuer credit rating and insurance claims-paying ability.
Rating Outlooks are classified as “Positive,” “Negative,” “Stable,” or “Developing.”
A “Positive” or “Negative” outlook does not indicate an advance notice that the rating symbol will be changed.
When the outlook is neither positive nor negative, it is assessed as “Stable.”
However, depending on circumstances, the rating symbol may be changed without a change in the Rating Outlook.
When any of the outcomes—positive, negative, or stable—is possible, R&I may assign a “Developing” outlook on a limited basis.
In cases where an issuer credit rating or insurance claims-paying ability is rated “CCC” or below, a Rating Outlook may not be assigned.
In addition, during the period from “Rating Monitor” designation to “Rating Monitor” resolution, a Rating Outlook will not be indicated.
No outlook is indicated during the period from the start of a "Rating Monitor" until its removal.