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Moody’s withdraws A2 ratings for Sanyo JPY 10 billion of bonds affected

Tokyo, February 04, 2011 — Moody’s Japan K.K. has withdrawn its A2

long-term issuer and senior unsecured debt ratings (with positive

outlook) on Sanyo Electric Co., Ltd., for business reasons.

This action does not reflect a change in the company’s creditworthiness.

For further details, please refer to Moody’s Withdrawal Policy at

www.moodys.co.jp.

The last rating action on Sanyo took place on October 26, 2010, when

Moody’s upgraded its long-term issuer and senior unsecured debt ratings

to A2 from Baa1 with positive outlook.

The principal methodology used in this rating was Moody’s “Asian Consumer

Electronics,” published on January 6, 2011, and available on

www.moodys.co.jp.

Sanyo Electric Co., Ltd., headquartered in Osaka, is one of the world’s

leading manufacturers of consumer electronics products and devices.

One Response to Moody’s withdraws A2 ratings for Sanyo JPY 10 billion of bonds affected

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