US ratings agency Standard & Poors out on Reuters

  • do not think Japan can put out big enough economic stimulus support without raising concerns about the size of its spending
  • size of any stimulus will have to be carefully calibrated
  • credit rating impact of planned sales tax hike depends on economic conditions at the time
  • strong yen may remove external support on budget balance
  • S&P unlikely to change Japan's rating for the next year or two

The comments come in an interview with Kim Eng Tan S&P's Asia-Pacific senior director of sovereign ratings