Keio Corp.: R&I Affirms AA-, Stable
(WorldNews Japan)

NEWS RELEASE Jan 21, 2020 R&I Affirms AA-, Stable: Keio Corp. Rating and Investment Information, Inc. (R&I) has announced the following: ISSUER: Keio Corp. Issuer Rating: AA-, Affirmed Rating Outlook: Stable RATIONALE: Keio Corp. engages in a broad range of businesses in areas along the railway lines extending from its terminal stations in Shinjuku and Shibuya to western Tokyo. Since the operating areas are popular residential locations, revenues from railway and bus services are highly stable. The real estate business centered on leasing operations also generates highly stable profits. In department stores,...