We expect Mitsubishi Electric's profitability to improve moderately and key financial measures for the company to remain commensurate with the ratings in the next one to two years. We are revising to positive from stable the outlook on our long-term corporate credit rating on the company. We are affirming all our long- and short-term ratings on the company. We may consider raising the ratings if we believe the company's EBITDA margin is unlikely to dip below the current level and at the same time its debt to EBITDA is highly likely to fall below 1.5x in a sustainable manner. TOKYO (Standard&Poor's) March 23, 2015--Standard&Poor's Ratings Services today said that it has revised the outlook on its
