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S&P lowers rating on Ito-Yokado to AA.

Publication: Japan Weekly Monitor
Publication Date: 24-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 20 Kyodo

Standard & Poor's Corp. (S&P) said Thursday it has lowered its long-term rating on superstore operator Ito-Yokdao Co. by one notch to AA from AA-plus and removed the rating from CreditWatch, where it was placed Oct. 17.

The outlook on the long-term rating is negative,...



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