Comment on Moody’s Report Related to Unsolicited Rating
Moody’s Japan K.K. (“Moody’s”) issued a report regarding SoftBank Group Corp. (“SBG”) yesterday. However, SBG has not obtained a credit rating from Moody’s. SBG has provided no information to Moody's since we withdrew our request for a rating from the company on March 25, 2020, hence their opinion is based on their subjective assumptions and hypotheses with no reasonable basis for support. Therefore, their assessment of our creditworthiness may not accurately reflect our financial policies and financial conditions. SBG has repeatedly requested Moody's to remove the unsolicited rating and to change the method of publication so that investors don't misinterpret it as a granted credit rating.
SBG’s credit is only rated by S&P Global Ratings (S&P) and Japan Credit Rating Agency, Ltd. (JCR).
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