Fujitsu Limited -- Moody's affirms Fujitsu's A3 rating; revises outlook to stable from negative

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Moody's Japan K.K. has affirmed Fujitsu Limited's A3 issuer rating. The rating action reflects Moody's assessment of Fujitsu's credit quality, including the execution of the company's business restructuring and the effect on its profitability. "The affirmation of the A3 rating and change in outlook to stable from negative reflect our view that Fujitsu's restructuring is starting to bear fruit, with a sustainable, structural improvement in its margin," says Ryohei Nishio, a Moody's Analyst.