December 8, 2021

TOKAI Holdings Corporation

Katsuhiko Tokita, President & CEO

(Securities Code: 3167, Tokyo Stock Exchange First Section)

Notice regarding rating changes

Japan Credit Rating Agency, Ltd. (JCR), for which we have obtained a rating, announced today about the change in rating.

1. Targets and ratings

Target

:

Commercial paper

Issuance limit

:

20 billion yen

Changes

:

J-2 J-1

2. Remarks

Please refer to the news release published by Japan Credit Rating Agency, Ltd. for the details of the rating reasons for the full-scale rating change.

Japan Credit Rating Agency website https://www.jcr.co.jp/

Contact: Junichi Yamada

General Affairs Headquarters

TEL: +81-(0)54-257-0007(Representative)

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Disclaimer

Tokai Holdings Corporation published this content on 08 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 06:51:07 UTC.