Japan - Credit Rating

Standard & Poor's credit rating for Japan stands at A+ with stable outlook. Moody's credit rating for Japan was last set at A1 with stable outlook. DBRS' credit rating for Japan was last reported at A (high) with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Japan thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Japan as reported by major credit rating agencies.

Agency	Rating	Outlook	Date
S&P	A+	Stable	Jun 09 2020
DBRS	A (high)	Stable	Jan 25 2019
S&P	A+	Positive	Apr 13 2018
DBRS	A	Stable	Dec 28 2016
DBRS	A (high)	Negative	Nov 30 2015
S&P	A+	Stable	Sep 16 2015
Moody's	A1	Stable	Dec 01 2014
DBRS	A (high)	Stable	Nov 20 2013
Moody's	Aa3	Stable	Aug 24 2011
Moody's	Aa2	Negative Watch	May 31 2011
S&P	AA-	Negative	Apr 26 2011
Moody's	Aa2	Negative	Feb 22 2011
S&P	AA-	Stable	Jan 27 2011
S&P	AA	Negative	Jan 26 2010
Moody's	Aa2	Stable	May 18 2009
S&P	AA	Stable	Apr 22 2007
Moody's	Aaa	Positive	Jun 01 2006
S&P	AA-	Positive	May 23 2006
Moody's	Aaa	Stable	Apr 07 2004
S&P	AA-	Stable	Mar 23 2004
Moody's	Aa1	Stable	May 30 2002
S&P	AA-	Negative	Apr 15 2002
S&P	AA	Negative	Nov 27 2001
S&P	AA+	Negative	Sep 11 2001
S&P	AA+	Stable	Feb 22 2001
Moody's	Aa1	Negative	Nov 16 1998
Moody's	Aaa	Negative Watch	Jul 23 1998
Moody's	Aaa	Negative	Apr 02 1998
S&P	AAA	Stable	Jun 26 1989
Moody's	Aaa	Stable	Oct 01 1981
S&P	AAA	N/A	Feb 28 1975
S&P	BBB	N/A	Jan 22 1959