TEXT-Moody's may up Yamaha Motor's "Baa3" long-term ratings

Newswire

(The following statement was released by the rating agency) TOKYO, May 27 - Moody's Investors Service has placed the Baa3 long-term debt ratings and issuer rating of Yamaha Motor Co., Ltd. (Yamaha Motor) on review for possible upgrade. The review reflects Yamaha Motor's improving operating performance and cash flow coverage ratios, supported by the rapidly growing Asian market and its ongoing rationalization efforts. Moody's review will focus on Yamaha Motor's ability and strategies to ...

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