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Oct. 30, 2026

JCR Assigned A/Stable Long-term Issuer Rating to Tekscend Photomask

JCR Placed Rating on YOKOREI under Credit Monitor #A-/Negative

JCR Placed Rating on SHIGA BANK under Credit Monitor #A+/Negative and Rating on Senshu Ikeda Bank under Credit Monitor #A/Positive

JCR Affirmed A/Stable Long-term Issuer Rating on AOKI HD

JCR Affirmed A-/Stable Long-term Issuer Rating on SEIKA

JCR Affirmed AA-/Stable FC Long-term Issuer Rating on Aflac Incorporated; AA+/Stable FC Long-term Issuer Rating on American Family Life Assurance Company of Columbus and Aflac Re Bermuda; and AA+/Stable Long-term Issuer Rating on Aflac Life Insurance Japan

JCR Affirmed A-/Stable FC Long-term Issuer Rating on Far East Horizon

JCR Affirmed A-/Stable Long-term Issuer Rating on Shiba Shinkin Bank

JCR Affirmed A-/Stable Long-term Issuer Rating on Tokaido REIT

JCR Assigned Preliminary A+ Rating to Shelf Registration of HIKARI TSUSHIN

[ Asset Securitization Products ] JCR Assigned Preliminary A to Senior Beneficial Interest 7931601 Series 12

JCR Withdraws A Long-term Issuer Rating on LOGISTEED

Hulic Real Estate Investment Advisors: Assigned Social Loan Framework Evaluation: Social 1(F)

EXEO Group: Reviewed Green Bond Evaluation: Green 1

Mt.Fuji GX Holdings, Mizuho Bank: Second Opinion on Positive Impact Finance

Mashimo Construction, The Ashikaga Bank: Second Opinion on Positive Impact Finance

Sakaekaihatsu, The Kita-Nippon Bank: Second Opinion on Positive Impact Finance

MEIWA ESTATE, The Keiyo Bank: Second Opinion on Positive Impact Finance

YK trans, San ju San Bank: Second Opinion on Positive Impact Finance

e-package, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

DORAEVER, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

Linkties Holdings, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

Seiwa, The Tama Shinkin Bank: Second Opinion on Positive Impact Finance

OKAMURA HOME, The Chiba Bank: Second Opinion on Positive Impact Finance

Oct. 29, 2026

NIDEC Yet to See the Disclaimer of Audit Opinion Resolve - Audit Opinion and Its Impact on Financial Figures, Including Those from Prior Fiscal Years, Will Continue to Be Closely Monitored

JCR Assigned A-/Stable and J-1 to ALCONIX

JCR Assigned AA-/Stable Long-term Issuer Rating to NIPPON LIFE PRIVATE REIT

JCR Affirmed A/Stable Long-term Issuer Rating on Open Up Group

JCR Affirmed A+/Stable Long-term Issuer Rating on Keisei Electric Railway

JCR Affirmed AA/Stable and J-1+ on NIPPON STEEL TRADING