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Moody’s revises Yamaha Motor view to stable
Moody's Investors Service said it changed the outlook for Yamaha Motor Co. Ltd. to stable from positive.
“The change in outlook to stable reflects our view that Yamaha's key credit metrics will improve at a slower rate than we had previously expected,” said Motoki Yanase, a Moody's vice president and senior credit officer, in a press release.
“Profit growth is slowing from softer demand for motorcycles in some emerging markets, and for industrial robotics,” said Yanase.
Moody’s affirmed Yamaha Motor’s A3 rating.
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