Changes in the reformed regulatory framework for Japan's power industry will reduce risks for the generation and transmission and distribution businesses, creating a positive trajectory for the sector, S&P Global Ratings said in a Thursday release.
The rating agency believes regulated electric power companies will keep their stable financial management following the reform.
S&P considers the country's regulatory framework as supportive and further boosts the credit profiles of Japan's major electric utilities.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments