Standard & Poor's Corp. said Thursday it has launched a new credit analysis service in Japanese for Japanese institutional investors, banks and corporate financial managers.
The service, CreditWire Japan, explains the credit factors behind S&P's ratings on Japanese industrial corporations, financial institutions, insurers, government entities and structured finance transactions, the U.S. rating agency said.
It also helps put S&P's analyses on Japanese entities in a global context by providing reports on similar companies from around the world, as well as the 100 sovereign governments and supranational institutions it rates.
The agency said the Japanese-language service was introduced to respond to the growing use of credit analysis in the Japanese capital market.