TOKYO (Standard&Poor's) May 11, 2007--Standard&Poor's Ratings Services today revised the outlook on its long-term corporate credit rating on Toshiba Corp. to stable from negative, as well as affirming its 'BBB' long-term and 'A-2' short-term ratings on the company. At the same time, Standard&Poor's also revised the outlook on the company's overseas subsidiaries Toshiba America Inc. and Toshiba Capital (Asia) Ltd. to stable from negative. The outlook revisions are based on the company's successful efforts in limiting the deterioration of its financial profile, keeping it below predicted levels, following the acquisition of nuclear power generator BNFL USA Group Inc. (NR) and Westinghouse Electric UK Ltd. (NR) (collectively, Westinghouse). The success of the acquisition is thanks
