Debt
Credit ratings
Since 2020, CTP has been assigned Investment Grade ratings of BBB- (stable outlook) by S&P and Baa3 (stable outlook) by Moody’s. In January 2025, CTP has received A- rating (stable outlook) from the Japan Credit Rating Agency (JCR). The ratings reflect CTP’s strong credit profile, and long-term financial performance.
Credit Ratings
We hold a Baa3 credit rating with a stable outlook from Moody’s, a BBB- credit rating with a stable outlook from S&P, and an A- rating with a stable outlook from the Japanese credit rating agency JCR, reflecting our solid financial standing and commitment to long-term success. Moody’s confirmed their rating on 5 July 2024, S&P confirmed their rating on 13 September 2024, and JCR assigned their rating on 16 January 2025.