All Entries Tagged With: "Moody’s investor services"
Toyota’s Credit Rating Cut by Moody’s
Moody’s Investors Service has cut the credit outlook rating for Toyota Motor Corporation and its affiliates, citing dependence on the yen currency, low sales, and a drop in stock value for 2011. This credit outlook reduction dropped Toyota from a stable status to a negative one, and may mean that the company’s credit rating will be reduced if more measures are not implemented to increase sales and profits for the next fiscal year.
Moody's Investors Service has cut Toyota's Credit Rating due to a variety of factors.
Tim Esterdahl | Jan 02, 2012 | Comments 18
