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Oct. 17, 2025

JCR Assigned A/Stable FC Long-term Issuer Rating to Bank of Ayudhya

JCR Affirmed AA-/Stable Long-term Issuer Rating on Kimitsu Cooperative Thermal Power Company

JCR Affirmed AA/Stable Long-term Issuer Rating on Sanyo Special Steel; Withdraws J-1+ Rating on CP

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

JCR Affirmed A+/Stable FC Long-term Issuer Rating on Bank of East Asia

JCR Assigned AA- Rating to Bonds (Tier 2 with loss absorption clause) of Mitsubishi UFJ Financial Group

JCR Assigned AA- Rating to Bonds of JFE HD

JCR Assigned A Rating to Bonds of Nankai Electric Railway

JCR Assigned A Rating to Bonds of Nisshin OilliO Group

JCR Assigned A+ Rating to Bonds of HIKARI TSUSHIN

JCR Assigned BBB Rating to Undated Subordinated Bonds of Rakuten Group

JCR Assigned AA Rating to Bonds of Mitsubishi HC Capital

JCR Assigned AAA Rating to Bonds of Metropolitan Expressway

JCR Assigned A- to SPIRE SA Series 2025-74

Hoshino Resorts REIT: Second Party Opinion on Sustainability Linked Finance Framework

IZUMI CARS・TRANSPORT, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

Oct. 16, 2025

JCR Affirmed BBB+/Stable and J-2 on DAIHO

JCR Affirmed A/Stable and J-1 on Tokyo Electric Power Company HD and A/Stable on TEPCO Power Grid, TEPCO Renewable Power and TEPCO Energy Partner

JCR Affirmed A/Stable and J-1 on Nankai Electric Railway

JCR Affirmed AAA/Stable (FC/LC) on Germany

JCR Affirmed A+/Stable Long-term Issuer Rating on Ichigo Office REIT Investment Corporation

JCR Assigned AA- Rating to Bonds (Tier 2 with loss absorption clause) of Mizuho Financial Group

Ishikawa Prefecture: Assigned Sustainability Bond Framework Evaluation: SU 1(F)

Oct. 15, 2025

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

JCR Affirmed A/Stable Long-term Issuer Rating on JAPAN NUCLEAR FUEL

JCR Affirmed AA+/Stable and J-1+ on Mitsubishi Estate

JCR Affirmed A-/Stable Long-term Issuer Rating on Procrea HD and Aomori Michinoku Bank

JCR Affirmed AA-/Stable Long-term Issuer Rating on MUFG Private REIT

JCR Assigned AA- Rating to Bonds of RICOH LEASING

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