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Sep. 03, 2025: JCR Affirmed A and J-1 on Kobe Steel; Revised Outlook to PositiveNEW; JCR Affirmed BBB/Stable Long-term Issuer Rating on FUKUSHIMA BANKNEW; JCR Affirmed AAA/Stable (FC/LC) on AustraliaNEW

Sep. 02, 2025: Niterra Acquires DENSO's Spark Plug Business, etc.-No Immediate Impact on Rating; JCR Will Monitor Synergistic Effects and Impact on Earnings and Financials; JCR Affirmed A- FC Long-term Issuer Rating on Korea Investment & Securities; Revised Outlook to Positive; JCR Affirmed A/Stable Long-term Issuer Rating on KATO SANGYO; JCR Affirmed A-/Stable Long-term Issuer Rating on DAIICHI JITSUGYO; JCR Affirmed BBB+/Stable Long-term Issuer Rating on Central Tanshi FX

Sep. 01, 2025: JCR Affirmed AA-/Stable and J-1+ on ITOCHU ENEX; JCR Affirmed BB/Stable (FC/LC) on Republic of Turkiye; JCR Assigned AA Rating to EMTN Program of Mitsubishi HC Capital, Mitsubishi HC Capital UK, and Mitsubishi HC Finance America; Hokuhoku Financial Group: Second Opinion on Sustainable Deposit Framework

Aug. 29, 2025: JCR Assigned A/Stable (FC/LC) to Champion Real Estate Investment Trust; JCR Affirmed A (FC) on Hanwha Solutions; Revised Outlook to Negative; JCR Affirmed BBB+/Stable Long-term Issuer Rating on DAIKI ALUMINIUM INDUSTRY; JCR Affirmed A+/Stable and J-1 on Nomura Real Estate HD; JCR Assigned A+ Rating to Bonds of Orient Corporation; JCR Assigned A Rating to Bonds of PENTA-OCEAN CONSTRUCTION; JCR Assigned A+ Rating to Bonds of Mitsui O.S.K. Lines; JCR Assigned AA- Rating to Bonds of Sumitomo Metal Mining; JCR Assigned BBB+ Rating to Subordinated Bonds of SoftBank Group; JCR Assigned AA Rating to Bonds of T&D HD; JCR Assigned AAA Rating to Bonds of TOYOTA MOTOR; JCR Assigned Preliminary AA Rating to Shelf Registration of Sumitomo Electric Industries; JCR Withdraws AAA Long-term Issuer Rating on Kobe University; Keikyu: Assigned Green Finance Framework Evaluation: Green 1(F); Mizuho Leasing: Post-issuance Verification Report on Sustainability Linked Bond; Fuyo General Lease: Post-execution Verification Report on Sustainability Linked Loan/Bond; NIPPON THOMPSON: Post-execution Verification Report on Sustainability Linked Loan/Bond; Mizuho Bank, Mizuho Research & Technologies: Second Party Opinion on Human Capital Management Impact Finance Framework (Review); Ryou, The Juhachi-Shinwa Bank: Second Opinion on Positive Impact Finance; Niseko Environment, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; Marumasa Food, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; SHIMIZU MATERIAL, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; Nakagawa Industry & Logistics, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; Nippo Rent a Car system, The Shoko Chukin Bank and THE KYOTO CHUO SHINKIN BANK: Second Opinion on Positive Impact Finance; Kawaguchikaguseisakusyo, THE NISHI-NIPPON CITY BANK: Second Opinion on Positive Impact Finance; MUGEN ESTATE, The Ashikaga Bank: Second Opinion on Positive Impact Finance; R&E, The Hokkaido Bank: Second Opinion on Positive Impact Finance; Asahikawa Shokuryou, The Hokkaido Bank: Second Opinion on Positive Impact Finance; HACHI-BAN, The Hokuriku Bank: Second Opinion on Positive Impact Finance