Standard & Poor’s credit rating for Japan stands at A+ with positive outlook. Moody’s credit rating for Japan was last set at A1 with stable outlook. Fitch’s credit rating for Japan was last reported at A with stable outlook. DBRS’s credit rating for Japan is A (high) with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Japan thus having a big impact on the country’s borrowing costs. This page includes the government debt credit rating for Japan as reported by major credit rating agencies.