Tokyo, January 28, 2014 -- Moody's Japan K.K. believes that Toshiba Corporation's (Toshiba, Baa2, stable) recent announcement of its acquisition of 60% of NuGeneration Limited (NuGen, not rated by Moody's), a U.K. based nuclear energy company, is credit positive, because it will further strengthen Toshiba's nuclear power generation facility business, the main component of one of the company's three core businesses.

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