Fujikura Ltd. (Director, President and CEO: Naoki Okada) has had its issuer rating upgraded from "A (Stable)" to "A+ (Stable)" and its bond rating upgraded from "A" to "A+" by Rating and Investment Information, Inc. (R&I). We believe this rating upgrade is a result of our efforts to strengthen our financial base and improve profitability.
1. Subjects and ratings
| Rating Agency | subject | Rating | remarks |
| R&I | Issuer Rating | A+ (Stable) | Raised from A (stable) |
| bond rating | A+ | Pulled up from A | |
| CP Rating | a-1 | No changes |
2. Date of rating publication
July 15, 2026
3. Reasons for the rating changeFor details on the reasons for the rating change, please visit the R&I website (https://www.ri.co.jp/rating/index.html Please see the following.
Going forward, under our 2028 Mid-Term Plan, we will maintain an equity ratio of 50% from a financial soundness perspective, while flexibly implementing additional strategy and growth investments and shareholder returns to further improve capital efficiency.