Japan's Orix Outlook Revised To Negative From Stable As DHC Deal Likely To Weaken Capital Buffer; 'A-' Rating Affirmed - S&P Global Ratings’ Credit Research

Japan's Orix Outlook Revised To Negative From Stable As DHC Deal Likely To Weaken Capital Buffer; 'A-' Rating Affirmed

Japan's Orix Outlook Revised To Negative From Stable As DHC Deal Likely To Weaken Capital Buffer; 'A-' Rating Affirmed - S&P Global Ratings’ Credit Research
Japan's Orix Outlook Revised To Negative From Stable As DHC Deal Likely To Weaken Capital Buffer; 'A-' Rating Affirmed
Published Feb 01, 2023
3 pages (1670 words) — Published Feb 01, 2023
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We see at least a one-in-three chance Orix's RAC ratio will remain below 10% for the next one to two years due to downward pressure on the ratio from its acquisition of DHC. We revised to negative from stable the outlook on our 'A-' long-term issuer credit rating on Orix. We affirmed the 'A-' long-term issuer credit rating because we see a reasonable chance the ratio will return to more than 10% through asset portfolio sales and capital accumulation. TOKYO (S&P Global Ratings) Feb. 1, 2023--S&P Global Ratings today said it has revised to negative from stable the outlook on its 'A-' long-term issuer credit rating on Japan-based diversified finance company Orix Corp. We affirmed the 'A-' long-term issuer credit

  
Report Type:

Ratings Action

Ticker
8591@JP
Issuer
Orix Corp.
GICS
Other Diversified Financial Services (40201020)
Sector
Global Issuers, Structured Finance
Country
Japan
Region
United States
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Japan's Orix Outlook Revised To Negative From Stable As DHC Deal Likely To Weaken Capital Buffer; 'A-' Rating Affirmed" Feb 01, 2023. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Japan-s-Orix-Outlook-Revised-To-Negative-From-Stable-As-DHC-Deal-Likely-To-Weaken-Capital-Buffer-A-Rating-Affirmed-2943366>
  
APA:
S&P Global Ratings’ Credit Research. (). Japan's Orix Outlook Revised To Negative From Stable As DHC Deal Likely To Weaken Capital Buffer; 'A-' Rating Affirmed Feb 01, 2023. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Japan-s-Orix-Outlook-Revised-To-Negative-From-Stable-As-DHC-Deal-Likely-To-Weaken-Capital-Buffer-A-Rating-Affirmed-2943366>
  
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