Rating Information

Monthly Ratings

Designate the Year & Month

Newly Assigned

Issuer Bonds Rating Date
Akebono Investment Nohara bills receivable ABL10-07 J-1 Jul 30, 2010
HB Asset Funding (Hiroshima) Molten bills receivable ABL10-07 J-1 Jul 30, 2010
Fantastic Funding Teral bills receivable ABL10-07 J-1+ Jul 30, 2010
Sumitomo Mitsui Finance and Leasing bonds no.1 AA- Jul 29, 2010
Resona Bank (A&D) A&D bills receivable senior beneficial interest 10-07 J-1+ Jul 29, 2010
Chugoku Electric Power preliminary (shelf reg.) AAA Jul 29, 2010
Ehime Bank callable bonds no.4 (sub.) BBB+ Jul 29, 2010
Rakuten KC senior debts
short-term senior debts
BBB+ / Stable
J-2
Jul 29, 2010
Chigin Kyodo Funding/Nishi-Nippon City Bank Aso Shoji bills receivable ABL10-07 J-1 Jul 29, 2010
Mitsubishi Chemical Holdings senior debts A+ / Stable Jul 29, 2010
Japan Finance Corporation bonds no.11,12 AAA Jul 29, 2010
Jupiter Asset Osaka Steel Tube bills receivable ABL10-07 J-1 Jul 28, 2010
Nagatanien bonds no.1 BBB Jul 28, 2010
Frontier Asset bills receivable ABL10-07 (B Corporation) J-1 Jul 27, 2010
Norinchukin Trust & Banking (Medical System Network) MSNW trust certificate series 10070 J-1+ Jul 26, 2010
Progress Funding medical treatment fees receivable ABL10-07 (J Hospital) J-1 Jul 23, 2010
Michinoku Bank callable bonds no.2 (sub.) BBB+ Jul 23, 2010
Neo-frontier Funding C Corporation bills receivable ABL10-07 J-1+ Jul 23, 2010
Progress Funding medical treatment fees receivable ABL10-07 (Asahikawa Sanai Hospital) J-1 Jul 22, 2010
Kansai International Airport bonds no.23,24,25 AA Jul 22, 2010
Jupiter Asset Fuji Shokai bills receivable ABL10-07
J-1 Jul 22, 2010
Kintetsu bonds no.65 BBB+ Jul 22, 2010
Chigin Kyodo Funding/77 bank monthly clear card shopping receivable ABL<NLS> 10-07 J-3 Jul 21, 2010
Progress Funding medical treatment fees receivable ABL10-07 (G Hospital) J-1 Jul 21, 2010
Orix bonds no.137 A Jul 21, 2010
Progress Funding medical treatment fees receivable ABL10-07 (C Hospital) J-1 Jul 21, 2010
Progress Funding dispensing fees receivable ABL10-07 (Nanba Pharmacy) J-1 Jul 21, 2010
Itochu Enex bonds no.11,12 A- Jul 21, 2010
Kookmin Bank yen bonds no.3,4 A+ Jul 21, 2010
Progress Funding medical treatment fees receivable ABL10-07 (I Hospital) J-1 Jul 20, 2010
Chugoku Bank (Kurashiki Medical Center) Kurashiki Medical Center medical treatment fees receivable senior beneficial interest 10-07 J-1 Jul 20, 2010
Kyushu Electric Power preliminary (shelf reg.) AAA Jul 20, 2010
Kansai International Airport preliminary (shelf reg.) AA Jul 20, 2010
Resona Bank (A&D) preliminary (A&D bills receivable senior beneficial interest 10-07) J-1+ Jul 20, 2010
Nippon Electric Glass preliminary (shelf reg.) AA- Jul 20, 2010
Progress Funding medical treatment fees receivable ABL10-07 (F Hospital) J-1 Jul 16, 2010
Progress Funding medical treatment fees receivable ABL10-07 (Shuyukai) J-1 Jul 16, 2010
Progress Funding medical treatment fees receivable ABL10-07 (Kyowakai) J-1 Jul 16, 2010
Mitsui Fudosan bonds no.39 AA- Jul 16, 2010
Progress Funding medical treatment fees receivable ABL10-07 (H Hospital) J-1 Jul 16, 2010
Sumitomo Metal Industries bonds no.62 AA- Jul 16, 2010
Aozora Trust Bank (Takeda General Hospital) Takeda Sogo Hospital medical treatment fees receivable senior beneficial interest 10-07 J-1+ Jul 15, 2010
Progress Funding dispensing fees receivable ABL10-07 (Sun-Kur Corporation) J-1 Jul 15, 2010
Kansai Electric Power bonds no.482 AAA Jul 15, 2010
Aichi bonds no.22-6 (10yr.) AAA Jul 15, 2010
Tokyo Tomin Bank callable bonds no.4 (sub.) BBB+ Jul 15, 2010
Progress Funding medical treatment fees receivable ABL10-07 (E Hospital) J-1 Jul 15, 2010
Progress Funding medical treatment fees receivable ABL10-07 (K Hospital) J-1 Jul 15, 2010
Sumitomo Trust & Banking bonds no.11 (sub.) #A+ / Negative Jul 15, 2010
Tokyo Star Bank preliminary (callable bonds no.8) <sub.> BBB Jul 14, 2010
Taiyo Nippon Sanso preliminary (shelf reg.) A Jul 14, 2010
Mizuho Corporate Bank bonds no.21,22 AA- Jul 14, 2010
Progress Funding Narasaki Stax account receivable ABL10-07 (B-1,2) J-3 Jul 13, 2010
Progress Funding medical treatment fees receivable ABL10-07 (B Hospital) J-1 Jul 13, 2010
Sapporo Holdings callable bonds no.24 BBB+ Jul 13, 2010
Industrial Bank of Korea yen bonds no.7,8 A+ Jul 13, 2010
Sumitomo Mitsui Finance and Leasing preliminary (bonds no.1) AA- Jul 13, 2010
Sumitomo Life Fund Securitization Special Purpose Company III preliminary (specified bonds no.1) A- Jul 12, 2010
Nissay 2010 Fund Special Purpose Company preliminary (specified bonds no.1) AA- Jul 09, 2010
Bank of Tokyo-Mitsubishi UFJ bonds no.115,116 AA Jul 09, 2010
Sumitomo Mitsui Banking bonds no.50 AA- Jul 09, 2010
Odakyu Electric Railway bonds no.52 AA- Jul 09, 2010
Chugoku Electric Power bonds no.367 AAA Jul 07, 2010
Tokyo Electric Power bonds no.566,567 AAA Jul 07, 2010
Kobe Steel preliminary (shelf reg.) A+ Jul 07, 2010
Industrial Bank of Korea preliminary (yen bonds no.7,8) A+ Jul 05, 2010
Accordia Golf preliminary (shelf reg.)
CP
BBB+
J-2
Jul 05, 2010
Orix bonds no.135,136 A Jul 02, 2010
Nippon Steel preliminary (shelf reg.) AA Jul 02, 2010
Fujitsu Leasing senior debts
CP
A / Stable
J-1
Jul 02, 2010
Suntory Holdings bonds no.3,4 AA Jul 02, 2010
NTT Data preliminary (shelf reg.) AA+ Jul 01, 2010
Joshin Denki cv.bonds no.6 BBB Jul 01, 2010

Reviewed

Issuer
New
Date
Japan Securities Finance AA- / Stable
J-1+
Jul 30, 2010
Howa Bank BBB- / Stable
BB+
Jul 30, 2010
Asax J-2 Jul 30, 2010
Shinhan Bank Japan BBB => BBB+ / Stable Jul 30, 2010
JSF Trust & Banking A+ / Stable
J-1+
Jul 30, 2010
Nomura Global Funding AA- Jul 30, 2010
Nomura Bank International AA- Jul 30, 2010
Nomura Europe Finance N.V. AA- Jul 30, 2010
NEC Tokin BBB+ / Stable Jul 30, 2010
Gifu Bank BBB- / Stable => #BBB- / Positive
BB+ => #BB+
Jul 30, 2010
Oriental Yeast A / Stable => #A / Positive Jul 29, 2010
Mitsubishi Rayon A+ / Stable Jul 29, 2010
Ricoh Leasing AA- / Stable
J-1
Jul 29, 2010
Mitsubishi Tanabe Pharma A+p / Stable Jul 29, 2010
Mitsubishi Plastics A+ / Stable
J-1
Jul 29, 2010
Mitsubishi Chemical A+ / Stable
J-1
Jul 29, 2010
Sanyo Electric A+ / Stable => #A+ / Positive
J-1 => #J-1
Jul 29, 2010
Taiko Bank A / Stable
A-
Jul 28, 2010
Okinawa Electric Power AAA Jul 23, 2010
Horiba A / Stable Jul 22, 2010
Hyundai Capital Services A- => A / Stable Jul 21, 2010
Matsuda Sangyo BBB+ / Stable Jul 20, 2010
CAC BBB+ / Stable Jul 20, 2010
Yokohama Rubber A / Stable
J-1
Jul 16, 2010
Gifu Shinkin Bank BBB+ / Stable Jul 16, 2010
Ehime Bank A- / Stable
BBB+
Jul 15, 2010
Sumitomo Rubber Industries A+ / Negative => Stable
J-1
Jul 15, 2010
Keihan Electric Railway A- / Stable
J-1
Jul 14, 2010
Development Bank of Japan AAA / Stable Jul 13, 2010
Indonesia (Republic of) BB+ => BBB- / Stable
BBB- => BBB / Stable
Jul 13, 2010
Suzuyo AAA Jul 13, 2010
Kohnan Shoji BBB / Stable Jul 13, 2010
Toa Reinsurance AA+ / Stable
J-1+
Jul 13, 2010
Keiyo BBB- / Positive => Stable Jul 09, 2010
ShinGinko Tokyo BBB- / Negative => Stable
BB+
Jul 07, 2010
Royal Holdings BBB / Negative Jul 07, 2010
Ueda Harlow BBB+ / Stable => Negative Jul 06, 2010
Hitachi Zosen BBB- => BBB / Stable Jul 06, 2010
Heiwa Real Estate BBB+ / Stable Jul 06, 2010
Central Tanshi FX BBB+ / Stable => Negative Jul 06, 2010
Money Partners Group J-3 Jul 06, 2010
Fuji Life Insurance A- / Stable Jul 05, 2010
Fuji Fire & Marine Insurance A / Stable Jul 05, 2010
Suntory Holdings AA / Stable
J-1+
Jul 02, 2010
Global One Real Estate Investment AA- / Stable Jul 02, 2010
Suntory Capital AA Jul 02, 2010
Suntory Holdings AA Jul 02, 2010
OSG A / Negative => Stable Jul 02, 2010
Suntory Europe AA Jul 02, 2010
HOYA AA / Stable
J-1+
Jul 01, 2010
UD Trucks #A- / Negative => BBB+ / Stable
#J-1 => J-2
Jul 01, 2010
JX Holdings A+ Jul 01, 2010
Towa Real Estate Development AA- / Stable => Positive
J-1+
Jul 01, 2010

Credit Monitor Placed

Issuer Rating Date
Gifu Bank Jul 30, 2010
Sanyo Electric #A+ / Positive Jul 29, 2010
Oriental Yeast #A / Positive Jul 29, 2010
Sumitomo Trust & Banking #A+ / Negative Jul 15, 2010

Credit Monitor Removed

Issuer Date of Lift
UD Trucks Jul 01, 2010

Withdrawn

Issuer Bond Rating Date
Matsumotokiyoshi Holdings senior debts
CP
Withdrawn(A / J-1) Jul 30, 2010
Yuasa Funashoku CP Withdrawn(J-2) Jul 30, 2010
Allianz Fire & Marine Insurance Japan senior debts
ability to pay insurance claims
Withdrawn(AA) Jul 30, 2010
SBI Holdings senior debts
CP
Withdrawn(BBB/J-2) Jul 08, 2010
Nippon Mining Holdings senior debts
CP
Withdrawn
(A+/J-1)
Jul 01, 2010