Investor Presentaiton
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Fund-Raising
Policy
Secure adequate liquidity through "early, abundant, long-term❞ funding
JR
JR-EAST
Take flexible measures (funding, repayment) while carefully analyzing revenue trends going forward
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Ensure the financial stability, extending the terms of existing debt.
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Fund-Raising Situation (Apr. 2020 - Mar. 2021)
Long-term fund-raising (bonds, borrowing): Totaled 607.5 billion yen.
Short-term fund-raising (CP, special bank overdraft facilities):
Balance at the end of March was 715.0 billion yen.
Issuance facility and contract value (1,580.0 billion yen)
*
CP 700 billion yen, Special bank overdraft facilities 520 billion yen,
Commitment lines 300 billion yen, General bank overdraft facilities 60 billion yen.
*Increased amount of CP issuance facility from 500 billion yen in Apr. 2021 and at the same time updated credit rating.
■Credit ratings
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Long-term
credit ratings
Short-term
credit ratings
Rating agency
Moody's
Standard & Poor's (S&P)
Rating and Investment Information (R&I)
Rating agency
Rating and Investment Information (R&I)
Japan Credit Rating Agency (JCR)
Rating
A1 (Stable)
A+ (Stable)
AA+ (Stable)
Rating
a-1+
J-1+
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