|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.88 - 17.27|
|52 Week Range||13.27 - 21.57|
|Beta (5Y Monthly)||0.55|
|PE Ratio (TTM)||8.82|
|Forward Dividend & Yield||0.14 (0.80%)|
|Ex-Dividend Date||Sep 26, 2019|
|1y Target Est||N/A|
Moody's Japan K.K. has changed the outlook on Central Japan Railway Company (JR Central) to negative from stable, and has affirmed the A1 issuer ratings and senior unsecured debt ratings, and the (P)A1 senior unsecured shelf rating. More specifically, the sensitivity of JR Central's credit profile to people's movements and economic activity, has made it vulnerable to shifts in market sentiment in these unprecedented operating conditions and JR Central remains vulnerable to the outbreak continuing to spread.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Central Japan Railway Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Japan K. K. has assigned a (P)A1 senior unsecured rating to the shelf registration of Central Japan Railway Company (JR Central). The rating reflects JR Central's solid cash flow (mainly from its Shinkansen operation), the railway's importance in Japan's transportation system, the favorable regulatory environment for railroad operations, and its limited exposure to unregulated operations.