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Aug. 22, 2025

JCR Affirmed AA+p/Stable Long-term Issuer Rating on West Japan RailwayNEW

JCR Affirmed AA/Stable and J-1+ on Hankyu Hanshin HDNEW

JCR Affirmed A-/Stable Long-term Issuer Rating on HEIWA REAL ESTATENEW

JCR Affirmed AA-/Stable Long-term Issuer Rating on Global One Real Estate Investment CorporationNEW

JCR Assigned A- Rating to Bonds of SKYLARK HDNEW

JCR Assigned BBB+ Rating to Bonds of Premium Water HDNEW

JCR Assigned AA Rating to Bonds (with no financial covenants) of Sumitomo Mitsui Financial GroupNEW

JCR Assigned AAA Rating to Bonds of West Nippon ExpresswayNEW

JCR Affirmed AA (fp) Fund Portfolio Rating on Green J-REIT TrustNEW

OGURA TEKKO, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW

TOKO.i.tech, The Hokkaido Bank: Second Opinion on Positive Impact FinanceNEW

Aug. 21, 2025

JCR Affirmed BBB+ Long-term Issuer Rating on Nippon Yakin Kogyo; Revised Outlook to Stable

JCR Affirmed A-/Stable Long-term Issuer Rating on FOOD & LIFE COMPANIES

JCR Affirmed AA-/Stable and J-1+ on SoftBank

JCR Affirmed AA/Stable Long-term Issuer Rating on NISSIN FOODS HD

JCR Assigned AA to Oxygen Capital Limited Series 164

JCR Assigned A to SPIRE SA Series 2025-21

JCR Assigned A to SPIRE SA Series 2025-22

JCR Assigned A to SPIRE SA Series 2025-23

Aug. 20, 2025

JCR Removed Credit Monitor; Downgraded Rating on AIN HD to A-; Placed Stable Outlook

JCR Affirmed A+/Stable and J-1 on IWATANI

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

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

JCR Assigned AAA Rating to Bonds of Japan Student Services Organization

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 25-08

Aug. 19, 2025

JCR Affirmed A Long-term Issuer Rating on Anicom HD and Anicom Insurance; Revised Outlook to Positive

Aug. 18, 2025

JCR Assigned Preliminary BBB Rating to Preferred Shares of ZENSHO HD

JCR Assigned Preliminary AA- Rating to Shelf Registration of Sumitomo Metal Mining

JCR Assigned J-1+ to Monthly Clear Receivable Securitization ABCP Program (with Backup Lines)

JCR Assigned J-1+ to Monthly Clear Receivable Securitization ABL Program and ABCP Program (without Backup Lines)