Moody's did it in the last December, S&P is doing it now: they have lessened hopes about the recovery of the economy of Japan. Japan got an A+ instead of the better AA-, closer to the top AAA rating. This is the first downgrade from S&P since January 2011, and the insight is negative instead of stable. S&P says that Japan, despite its efforts, wouldn't make the recovery strong enough to keep its AA- and also, in the two or three upcoming years, Japan won't be able to reverse this deterioration since then, even if government tries to revive the economy. What do you think of the Japan getting a less good rating? And the fact the rate only changed now while the other years was enough to keep AA-?