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Published on 2/24/2021 in the Prospect News Investment Grade Daily.

S&P turns Toyota Tsusho view to stable

S&P said it revised upward to stable from negative the outlook on Toyota Tsusho Corp. The agency also affirmed all its ratings on the companies.

The outlook revision follows a similar action on Toyota Motor Corp., based on an expectation its earnings will recover sustainably over the next six to 18 months, S&P said.


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