News Release

Nov. 08, 2024: JCR Assigned Preliminary A+ Rating to Subordinated Bonds of Tokyo Century; JCR Assigned Preliminary AA- Rating to Shelf Registration of JERA; Nihon Nekkan Kogyo, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

Nov. 07, 2024: SCSK Commences Tender Offer for Net One Systems—No Immediate Impact on Rating; JCR Affirmed AA/Stable (FC/LC) on Mapletree Investments; JCR Removed Credit Monitor; Affirmed BBB on Amp Green Project Bond Trust (Miyazaki) Trust ABL; JTEKT: Second Party Opinion on Sustainability Linked Finance Framework

Nov. 06, 2024: JCR Affirmed AA/Stable Long-term Issuer Rating on Marubeni Private Real Estate Investment Trust; JCR Affirmed AAA/Stable Long-term Issuer Rating on Hokkaido University; JCR Affirmed A+ Long-term Issuer Rating on ES-CON JAPAN; Revised Outlook to Positive; [ Asset Securitization Products ] JCR Upgraded Class B Senior Beneficial Interest of DFC Beneficiary Interest 202106 to A-; Affirmed AAA on Class A1 and A2 Senior Beneficial Interest

Nov. 05, 2024: JCR Affirmed BBB+ Long-term Issuer Rating on WARABEYA NICHIYO HD; Revised Outlook to Stable; JCR Affirmed J-2 Rating on CP of JALUX

Nov. 01, 2024: JCR Assigned A-/Stable Long-term Issuer Rating to Eastern and Southern African Trade and Development Bank and Eastern and Southern African Trade Fund; JCR Removed Credit Monitor; Upgraded Rating on Bonds (Former Advance Logistics Investment Corporation bonds) of Mitsui Fudosan Logistics Park to AA; and Affirmed AA/Stable Long-term Issuer Rating; JCR Affirmed AA-/Stable Long-term Issuer Rating on AIR WATER; JCR Affirmed A/Stable Long-term Issuer Rating on Amagasaki Shinkin Bank; JCR Affirmed A-/Stable Long-term Issuer Rating on Shiba Shinkin Bank; JCR Withdraws A- Long-term Issuer (FC) and Bond Ratings on CPI Property Group; Ebine Construction, The Joyo Bank: Second Opinion on Positive Impact Finance; Marusui Sapporo Chuousuisan, The Hokkaido Bank: Second Opinion on Positive Impact Finance

Oct. 31, 2024: JCR Assigned A+/Stable Long-term Issuer Rating to SHIMIZU PRIVATE REIT; JCR Assigned A/Stable Long-term Issuer Rating to JAPAN NUCLEAR FUEL; JCR Assigned A/Stable (FC/LC) to New World Development; JCR Affirmed A/Stable Long-term Issuer Rating on Ogaki Kyoritsu Bank and Kyoyu Lease; JCR Assigned BBB+ Rating to Subordinated Loan of SoftBank Group; JCR Downgraded SPARX Biomass Green Project Bond Trust (Toki) Beneficial Interest and Trust ABL to BBB; Daiwa House REIT Investment Corporation: Assigned Sustainability Loan Evaluation: SU 1; Toyo Asano Foundation: Assigned Green Loan Framework Evaluation: Green 1(F); Hoshino Resorts REIT, Mizuho Bank: Second Opinion on Positive Impact Finance; EASTWEST, The Bank of Yokohama: Second Opinion on Positive Impact Finance; SAIKAI TOKI, The Juhachi-Shinwa Bank: Second Opinion on Positive Impact Finance; MOTOI-NORI, The Bank of Kyoto: Second Opinion on Positive Impact Finance; YANO CONSTRUCTION, The Senshu Ikeda Bank: Second Opinion on Positive Impact Finance; yamatozaitaku, THE SHIZUOKA BANK: Second Opinion on Positive Impact Finance; Katoenoki, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; KAWAMURAKAKOU, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; Cocologi, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; HEIWA REAL ESTATE: Second Party Opinion on Sustainability Linked Finance Framework