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press release
Notice regarding change (upgrade) of rating by Rating and Investment Information, Inc.
July 22, 2024
Fujikura Ltd.
Fujikura Ltd. (Director, President and CEO: Okada Naoki) has announced that its issuer rating from Rating and Investment Information, Inc. (R&I) has been upgraded from "A- (Positive)" to "A (Stable)."
1. Rating items and ratings
| Rating Agency | subject | Rating | remarks |
|---|---|---|---|
| R&I | Issuer Rating | A (Stable) | Upgraded from A- (positive). |
| CP Rating | a-1 | No change |
2. Rating publication date
July 22, 2024
3. Reasons for the rating change
For details of the reasons for the above rating changes, please see the R&I website (https://www.ri.co.jp/rating/index.html ) for more information.
We are implementing management that is conscious of capital costs, and as part of that, we are promoting initiatives to reduce capital costs. We will continue to work on building a solid financial base that supports sustainable growth while balancing growth investments and shareholder returns, aiming to further improve our rating.
