|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.86 - 22.04|
|52 Week Range||19.65 - 23.53|
|Beta (3Y Monthly)||0.48|
|PE Ratio (TTM)||13.99|
|Forward Dividend & Yield||0.37 (1.68%)|
|1y Target Est||N/A|
Moody's Japan K.K. has today withdrawn the (P)A3 Euro Medium Term Note Program senior unsecured rating of Suntory Beverage & Food Limited. Please refer to the Moody's Investors Service Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com. Headquartered in Tokyo, Suntory Beverage & Food Limited, one of the largest soft beverage manufacturers in Japan, is a subsidiary of Suntory Holdings Limited.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Suntory Holdings Limited 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 Baa2 rating to Suntory Holdings Limited's (Suntory Holdings) USD denominated senior unsecured notes. Suntory Holdings' Baa2 issuer rating reflects the stable operating cash flow that Suntory Holdings derives from the strong brand equity and market positions it holds in the global alcoholic beverages and Japanese soft beverage and food businesses.
Moody's Japan K. K. has affirmed Suntory Holdings Limited's (Suntory Holdings) Baa2 issuer rating. Moody's has also affirmed Suntory Holdings' Baa2 senior unsecured rating, (P)Baa2 senior unsecured MTN rating, and Ba2 subordinated rating. "Suntory Holdings' leverage has gradually improved but still remains high for its Baa2 ratings," says Motoki Yanase, a Moody's Vice President and Senior Credit Officer.
Moody's Japan K.K. has affirmed Suntory Beverage & Food Limited's (SBF) A3 issuer rating and (P)A3 senior unsecured MTN program. "Suntory Beverage & Food's A3 ratings reflect its leading position in Japan's soft beverage market that generates stable cash flow," says Motoki Yanase, a Moody's Vice President and Senior Credit Officer. SBF's margins are stable with EBITA margin in the 10% range, though lower than that of its global peers, such as Coca-Cola Amatil Limited (A3 stable), which has an EBITA margin in the mid-teens, and Keurig Dr Pepper (Baa2 negative), with EBITA margin above 25%.