Japan“s Yamamura Glass Co. Ltd. has been downgraded by Daiwa Institute of Research Ltd. to a “C” rating from its previous “B”.
In its three-grade rating system, the research institute assigns a “C” …
Japan“s Yamamura Glass Co. Ltd. has been downgraded by Daiwa Institute of Research Ltd. to a “C” rating from its previous “B”. In its three-grade rating system, the research institute assigns a “C” rating to issues whose values it expects to underperform the Tokyo Stock Exchange first-section TOPIX index by more than 10 percentage points over the following six months.