Manageable risks including limited concentration risk Adequate liquidity backed by close relationships with its main bank and other creditor banks Weak capital base compared to peers Weaker business franchise than peers due to fewer high-margin, long-term energy resource interests The rating on Sojitz Corp. reflects manageable risks, including limited concentration risk and adequate liquidity, backed by close relationships with its main bank and other creditor banks. The company also has a stable financial profile, backed by its efforts to maintain a prudent investment stance, which further underpins the rating. On the other hand, these strengths are partly offset by a weak capital base as well as a weak business franchise in comparison with its peers due to fewer high-margin, long-term
