TEXT-S&P summary: Denso Corp.


(The following statement was released by the rating agency) Feb 27 - Summary analysis -- Denso Corp. 27-Feb-2012 CREDIT RATING: AA-/Negative/A-1+ Country: Japan Primary SIC: Motor vehicle parts and accessories Mult. CUSIP6: 24872B Credit Rating History: Local currency Foreign currency 04-Mar-2011 AA-/A-1+ AA-/A-1+ 06-Feb-2009 AA/A-1+ AA/A-1+ Rationale The ratings on Denso Corp. (AA-/Negative/A-1+) are based on the stand-alone credit profile (SACP) on the company, which we assess at 'aa-'. ...

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