Toyo Construction Co., Ltd.: R&I Affirms BBB, Stable
(WorldNews Japan)

NEWS RELEASE Jul 06, 2020 R&I Affirms BBB, Stable: Toyo Construction Co., Ltd. Rating and Investment Information, Inc. (R&I) has announced the following: ISSUER: Toyo Construction Co., Ltd. Issuer Rating: BBB, Affirmed Rating Outlook: StableRATIONALE: Toyo Construction Co., Ltd. is a major marine civil engineering contractor. While its business domains also include land civil engineering and architectural construction, the company has a mid-tier market position as a general contractor, because it is still in the process of accumulating a track record in projects and expanding a business profile. Since marine civil engineering works require professional skills and special...