Moody's Investors Service said it will not take any ratings action on Japan today, although it warned that Japan's slipping behind on its fiscal targets could have wider implications.

A Moody's spokesman said the ratings agency's Friday briefing in Tokyo would not include any ratings action.

Moody's Aa3 rating on Japan has a stable outlook and is three notches below the top AAA rating.

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First Published: Feb 24 2012 | 12:00 AM IST

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