Credit Trends

Wednesday, February 13, 2019

February 2019

Conference

Credit Trends

The turning credit cycle

thursday, November 08, 2018
merchant taylors' hall, london

Credit Trends

The turning credit cycle
Wednesday, February 13, 2019
February 2019
The Tokyo Station Hotel
Tokyo
東京

Credit Trends

The turning credit cycle

Wednesday, February 13, 2019
February 2019
The Tokyo Station Hotel
Tokyo
東京
東京
東京

Credit Trends

The turning credit cycle

Wednesday, February 13, 2019
February 2019
The Tokyo Station Hotel
Tokyo
東京

Credit Trends

The turning credit cycle

Wednesday, February 13, 2019
February 2019
The Tokyo Station Hotel
Tokyo
東京

Credit Trends

The turning credit cycle

Wednesday, February 13, 2019
February 2019
The Tokyo Station Hotel
Tokyo
東京

As the credit cycle turns, what will be the impact across different regions and sectors?

Moody’s Credit Trends will focus on credit outlooks and risks for 2019, as well as the longer-term vulnerabilities to watch out for.  

The event series will engage key market players – investors, issuers, economists, regulators and credit analysts – and look beyond the headlines to provide a comprehensive
market view for the year ahead.  

Building on the success of our annual Credit Outlook conferences over the past years, the new Credit Trends series delivers even more global insights by combining investor, issuer and analyst views on key credit drivers for 2019.

Why Attend?

<div class="custom-container w-container"><div class="custom-item-holder alt"><img class="custom-item-icon alt" src="https://global-uploads.webflow.com/59faed4401b9500001e97e74/5ae342314cc19f6883e3c11f_discover2-white.png"><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Keep track of market risks</h1><p class="custom-item-para alt white">Stay informed about global, regional and local market risks and key rating trends</p></div></div><div class="custom-item-holder alt"><img class="custom-item-icon" src="https://global-uploads.webflow.com/59faed4401b9500001e97e74/5ae342ff8cb7533468114601_Analyze%202.png"><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Analyze the credit impact</h1><p class="custom-item-para alt white">Analyze credit outlooks and discover how long-term trends will shape the market in 2019</p></div></div><div class="custom-item-holder alt"><img class="custom-item-icon" src="https://global-uploads.webflow.com/59faed4401b9500001e97e74/5ae3432d0d74803949144d7f_network2.png"><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Engage with your peers</h1><p class="custom-item-para alt white">Engage with the global investor and issuer community and get your questions answered by senior credit analysts</p></div></div></div>

Agenda

12.30 - 13.00          Registration

13.00          Opening Remarks

Kei Kitayama, Managing Director – APAC Structured  Finance, Structured Finance Group, Moody’s

13.10           Big Picture Presentation

Why are global credit conditions weakening?

  • Will the  growth, funding and liquidity landscape change over the next 12 months?
  • How will  US trade policy affect sectors and regions?
  • What are  the geopolitical risks and how significant are they?
  • Which  are the longer-term credit risks to watch out for?

Marie Diron, Managing Director, Sovereign  Risk Group, Moody’s  

13.35          Sovereign Presentation

What is the outlook for sovereigns as the credit cycle turns?

  • What are  the drivers and risks to Japan’s growth?
  • What  will be the impact of the tensions between the US and China on Japan?
  • What is  the sovereign’s exposure to and buffers against tightening financing  conditions?
  • What are  the other main sovereign credit drivers?

Christian De Guzman, VP – Senior Credit  Officer, Sovereign Risk Group, Moody’s  

Followed by a Spotlight Conversation

14.20          Networking  & Coffee Break

14.40          Banking Plenary Session

How resilient are the banks to market and credit shocks?

  • Are  banks prepared for the next downturn?
  • How  strong are Asia Pacific banks in withstanding potential shocks?
  • What are  the new risks and sources of competition?

Shunsaku Sato, VP – Senior Credit Officer,  Financial Institutions Group, Moody’s

Tetsuya Yamamoto, VP – Senior Credit  Officer, Financial Institutions Group, Moody’s

Graeme Knowd, Managing Director, Financial  Institutions Group, Moody’s

More speakers to be confirmed

15.25           Structured Finance Plenary  Session

What is the outlook for the performance of consumer-related assets held by banks and non-banks?

  • How resilient are residential mortgage loans to the next recession?
  • What are the risks for credit cards and card loans in the short term?
  • What will drive the performance of apartment loans and condominium loans?

Yusuke Seki, Associate Managing Director,  Structured Finance Group, Moody’s  

15.45           Corporate & Infrastructure Plenary Session

How strong are corporate and  infrastructure fundamentals as the credit cycle turns?

  • What are  the credit vulnerabilities and differences by sector?
  • How will  the evolving regulatory and policy reforms affect business strategies and  financial policies?
  • How will companies stay competitive as paradigms shift and credit cycle turns?

Mariko Semetko, VP – Senior Credit Officer,  Infrastructure Finance Group, Moody’s

Motoki Yanase, VP – Senior Credit Officer,  Corporate Finance Group, Moody’s

Mihoko Manabe, Associate Managing Director,  Corporate Finance Group, Moody’s

Mr. Fumiaki Sato, Managing Partner/Co-Founder, Sangyo Sosei Advisory

16.30          Close  of the Conference

Moody's Speakers

Marie Diron

Managing Director

Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Sovereign Risk Group

Managing Director

Marie Diron

Marie Diron heads the Sovereign Risk Group for Asia Pacific, the Middle East and Africa, responsible for analytical teams covering sovereigns and multilateral development banks in these regions.Marie has worked as Moody’s lead sovereign analyst for a number of Asia Pacific credits, including China, Hong Kong, Taiwan, India, Sri Lanka and Australia.

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Christian de Guzman

Vice President – Senior Credit Officer

Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Sovereign Risk Group

Vice President – Senior Credit Officer

Christian de Guzman

Christian de Guzman is a Vice President – Senior Credit Officer with Moody’s Sovereign Risk Group. Based in Singapore, he covers a portfolio of sovereigns and multilateral development banks in Asia Pacific, including Japan, Korea and a number of Southeast Asian credits.

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Shunsaku Sato

Vice President - Senior Credit Officer

Banking

Moody's Investors Service

Moody's Investors Service

Banking

Vice President - Senior Credit Officer

Shunsaku Sato

Shunsaku Sato is a Vice President and Senior Credit Officerwith Moody’s Financial Institutions Group in Tokyo. His portfolio of responsibilities includesbanks, as well as insurance, securities and finance companies, and government-related institutions.

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Tetsuya Yamamoto

Vice President - Senior Credit Officer

Banking

Moody's Investors Service

Moody's Investors Service

Banking

Vice President - Senior Credit Officer

Tetsuya Yamamoto

Tetsuya Yamamoto is a Vice President – Senior Credit Officerwith the Financial Institutions Group of Moody’s Japan. He covers ratings across a portfolio ofJapanese megabanks, major banks, regional banks, securities firms, government relatedfinancial institutions, and finance companies.

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Graeme Knowd

Managing Director

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Managing Director

Graeme Knowd

Graeme Knowd is a Managing Director in the FinancialInstitutions Group managing a team of analysts in Japan and Singapore. The team hasresponsibility for rating financial institutions, including banks, securities firms and other non-bankfinancial institutions in Japan, South and South East Asia.

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Mariko Semetko

Vice President – Senior Credit Officer

Corporate Finance Group

Moody's Investors Service

Moody’s Japan K.K.

Moody's Investors Service

Moody’s Japan K.K.

Corporate Finance Group

Vice President – Senior Credit Officer

Mariko Semetko

Mariko Semetko is a Vice President – Senior Credit Officer at Moody’s Investors Service. Currently based in Tokyo, she is responsible as the lead analyst covering both project infrastructure and corporate finance companies, including the Japanese electric and gas utilities and oil and gas companies. Throughout her career at Moody’s, she has covered a wide range of sectors including retail, apparel, beverage, tobacco, packaged goods, durables, and manufacturing, among others, both in the U.S. and Japan. She has extensive experience both in the investment grade and high yield spaces. Mariko transferred to the Tokyo office in 2013 after working in the New York office for seven years. Prior to joining Moody’s, Mariko held several credit positions including at AIG and Mizuho. She holds a B.A. from the College of William and Mary.

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Motoki Yanase

Vice President – Senior Credit Officer

Corporate Finance Group

Moody's Investors Service

Moody’s Japan K.K.

Moody's Investors Service

Moody’s Japan K.K.

Corporate Finance Group

Vice President – Senior Credit Officer

Motoki Yanase

Motoki Yanase is a Vice President – Senior Credit Officer with the Corporate Finance Group of Moody’s Japan. He is a lead analyst for companies in the Japanese automotive, telecommunications, beverage and construction-machinery industries. Motoki previously held credit positions at Goldman Sachs and Aozora Bank. Prior to these positions, he was an analyst at Moody’s Japan, covering industries including paper, specialty steel and non-ferrous metals. He holds a bachelor’s degree from Keio University in Japan and an M.B.A. from The University of Chicago.

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Mihoko Manabe

Associate Managing Director

Corporate Finance Group

Moody's Investors Service

Moody’s Japan K.K.

Moody's Investors Service

Moody’s Japan K.K.

Corporate Finance Group

Associate Managing Director

Mihoko Manabe

Mihoko Manabe assumed the position of Associate Managing Director of Moody’s Japan Kabushiki Kaisha in May 2017. Mihoko manages a team of Corporate Finance and Project and Infrastructure Finance analysts in Tokyo.

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Kei Kitayama

Managing Director Asia Pacific, Structured Finance

Representative Director, Moody's Japan K.K.

Moody's Investors Service

Moody's Investors Service

Representative Director, Moody's Japan K.K.

Managing Director Asia Pacific, Structured Finance

Kei Kitayama

Kei Kitayama joined Moody's in 1998. He was promoted to Senior Vice President in 2000 and to Managing Director in 2002. Kei became the head of Moody's Japan office in 2004. In 2011, his responsibilities expanded to cover the Structured Finance Group for Asia Pacific.

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Further information

For more information please contact: Moody's Events Japan.