Azbil Corporation has been issued with an A+ rating from ‘Rating and Investment Information, Inc.’ The reason for the rating upgrade lies in that stable earnings sources, such as maintenance services, have been expanding, allowing the company to generate solid profits even under substantial stress. The credit rating agency has upgraded the issuer rating from A to A+, positively evaluating progress in strengthening the earnings base. Azbil’s financial base itself, including factors such as a good debt-equity structure and good balance between debt and cash flow, was also rated highly.
Obtaining an “A+” rating is seen as one of the results of the company’s efforts toward sustainable growth.
