S&P ups Sony to A- on strong, stable earnings

S&P said it raised by one notch to A- its long-term issuer credit and senior unsecured debt ratings on Sony Corp. S&P also raised Sony Global Treasury Services plc to A-.

“We upgraded Sony because we expect its earnings and profitability to stay strong and stable thanks to its efforts to add high value to its products and secure recurring services revenue,” said S&P in a press release.

The outlook is stable.

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