Government of Japan - A1 stable:Annual credit analysis

Government of Japan: Largest wage hike in three decades paves the way for further BOJ monetary policy normalization - Issuer Comment – 2024/03/18 – US$ 200.00 – ...PRC regulatory disclosure requirement; and (3) cannot be used within the PRC for any regulatory purpose or for any other purpose which is not permitted under relevant PRC laws or regulations. For the purposes of this disclaimer, "PRC" refers to the mainland of the People's Republic of China, excluding Hong Kong, Macau and Taiwan....

Government of Japan: Slowing economic momentum and easing inflation complicate BOJ policy decisions - Issuer Comment – 2024/02/22 – US$ 200.00 – ...On a real quarter-over-quarter, seasonally adjusted annualized basis Sources: Cabinet Office of Japan, Haver Analytics and Moody's Investors Service...

Government of Japan - A1 stable: Annual credit analysis - Issuer In-Depth – 2023/11/30 – US$ 750.00 – ...The credit profile of Japan reflects the long-term challenge of maintaining the world's largest sovereign debt burden amid an aging population and very low potential growth. It also incorporates the economy's large scale and diversity, its strong external payments position and the high quality of institutions and governance. Although the government remains publicly committed to medium-term fiscal consolidation, rising social spending amid population aging and near-term inflation, as well as defense needs in the context of geopolitical tensions, have challenged the prospects for significant debt reduction. Nevertheless, large private savings underpin high debt affordability and mitigate refinancing risks. Japan's growth performance surpassed most G-20 economies in 2022, partly driven by the reopening dynamics following the delayed exit from the pandemic, as well as its resilience to the pressures stemming from slowing global economic growth. However, amid the uncertain global economic outlook,...

Japan, Government of:Climate transition strategy and financing plans are credit positive, but challenges remain - ESG - Environmental – 2023/11/28 – US$ 750.00 – ...1 GX20231122 2 3 202120231120 4 Carbon Transition ¡ Global: Utilities improve positioning for rapid transition; other high-risk sectors have not, 202311 (https://ratings.moodys.com)/ ...

Japan, Government of: Climate transition strategy and financing plans are credit positive, but challenges remain - ESG - Environmental – 2023/11/27 – US$ 750.00 – ...On 8 November, the Government of Japan published the Climate Transition Bond Framework (the framework), the world's first transition bond framework by a sovereign issuer. The implementation of the government's climate transition strategy, financed by the thematic bond issuance, is credit positive, but challenges remain because the plan relies on unproven technologies and lock-in concerns associated with specific projects remain. The use of the proceeds in the framework includes six eligible categories, such as renewable energy, low or zero carbon energy and clean transportation. The framework also incorporates further eligibility criteria, allowing proceeds to be earmarked for projects that are challenging to execute without governmental funding. The framework is an extension of Japan's existing decarbonization strategy, including the Basic Policy for the Realization of GX published in February 2023...