News Release

Nov. 22, 2017

JCR Affirmed A-/Stable, A-, and J-1 on Showa Sangyo

JCR Affirmed BBB+/Stable, BBB+, Preliminary BBB+ and J-2 on KANEMATSU

JCR Affirmed BBB+/Stable and J-2 on Joshin Denki

JCR Affirmed BB+/Stable Long-term Issuer Rating on IKAI

Nov. 21, 2017

JCR Assigned BBB+ Rating to Bonds of UNIZO Holdings

JCR Assigned A- Rating to Bonds of Central Glass

JCR Assigned A- Rating to Bonds of Mitsui Mining and Smelting

JCR Affirmed A/Stable and J-1 on TOC

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL17-11

Nov. 20, 2017

JCR Affirmed BBB+ Rating on Nippon Light Metal Holdings ; Revised Outlook from Stable to Positive

JCR Affirmed AA-/Stable, AA-, Preliminary AA- and J-1+ on Odakyu Electric Railway

JCR Affirmed AA/Stable, AA, Preliminary AA and J-1+ on Keio

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL17-11

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Receivable ABL17-11 (F Hospital)

[ Asset Securitization Products ] JCR Affirmed J-1 on Medical Treatment Fees Receivable ABL Program (I Hospital)

Nov. 17, 2017

JCR Assigned AA- Rating to Bonds of Tohoku Electric Power

JCR Assigned AAA Rating to Bonds of East Nippon Expressway

Nov. 16, 2017

JCR Assigned A+ Rating to Bonds of Marubeni

JCR Assigned A- Rating to Bonds of Nankai Electric Railway

JCR Assigned AA- Rating to Bonds of Kyushu Electric Power

JCR Affirmed BBB Rating on YAHAGI CONSTRUCTION; Revised Outlook from Stable to Positive

JCR Affirmed A/Stable and J-1 on Nabtesco

JCR Affirmed A-/Negative and A- on MITSUI-SOKO HOLDINGS

Nov. 15, 2017

JCR Assigned AAA Rating to Bonds of Aichi Prefecture

JCR Assigned Preliminary A Rating to Senior Non Preferred Bonds of Banco Santander

JCR Affirmed A/Stable and A on DAIICHIKOSHO

JCR Affirmed A/Stable Long-term Issuer Rating on Yodogawa Christian Hospital

Nov. 14, 2017

JCR Assigned Preliminary BBB- to Giga Solar Green Project Bond Trust (Fukushima) Beneficial Interest and Trust ABL

JCR Affirmed A+/Stable, A+ and J-1 on Sanwa Holdings

JCR Affirmed A-/Stable Long-term Issuer Rating on RISO KAGAKU

JCR Affirmed BBB Rating on Starzen; Revised Outlook from Stable to Positive

JCR Affirmed A/Stable, A, Preliminary A and J-1 on Keihan Holdings

JCR Affirmed AA+/Stable, AA+, Preliminary AA+ and J-1+ on NTT DATA

JCR Affirmed A-/Stable Long-term Issuer Rating on Takeda Healthcare Foundation

JCR Affirmed AAA/AAA (FC/LC) Ratings on Denmark with Stable Outlook

Nov. 13, 2017

JCR Affirmed A+/Stable, A+, Preliminary A+ and J-1 on SUMITOMO CHEMICAL

JCR Affirmed A+/Stable, A+ and J-1 on FamilyMart UNY Holdings

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

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

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

Nov. 10, 2017

Kenedix Residential Investment Corporation's Merger - Limited Impact on Rating

JCR Assigned AA Rating to Bonds of Nomura Real Estate Master Fund

JCR Upgraded Rating on TIS from A-/Positive to A/Stable
JCR Upgraded Rating on INTEC from A-/Positive to A/Stable

JCR Affirmed A/Stable and J-1 on GUNZE

JCR Affirmed A/Stable, A, Preliminary A and J-1 on Fuyo General Lease

JCR Affirmed AAA (FC/LC) Ratings on Australia with Stable Outlook

JCR Affirmed A+ Ratings on Slovenia; Changed Outlook to Positive from Stable

JCR Affirmed BBB- (FC/LC) Ratings on Republic of Turkey with Stable Outlook

Nov. 09, 2017

JCR Assigned AA+ Rating to Bonds of Electric Power Development

JCR Affirmed A/Stable, A and Preliminary A on AICHI STEEL

JCR Assigned AAA Rating to Bonds of Aichi Prefecture

Nov. 06, 2017

Reorganization of Joint Leasing Business by SMFG and SUMITOMO CORPORATION - No Impact on Rating for Sumitomo Mitsui Finance and Leasing

JCR Affirmed A Rating on IZUMI; Revised Outlook from Stable to Positive

JCR Affirmed A-/Stable, A- and J-1 on HIKARI TSUSHIN

JCR Affirmed BBB-/Stable Long-term Issuer Rating on Gyokushoukai

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

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

JCR Affirmed A/Stable, A, Preliminary A and J-1 on BOT Lease

Nov. 02, 2017

Neon Capital Limited　646,707,714

JCR Assigned BBB Rating to Subordinated Loan of SoftBank Group

JCR Removed Credit Monitor; Affirmed BBB+ on IDEC

JCR Affirmed A-/Stable and J-1 on Nippon Steel Kowa Real Estate

JCR Assigned AAA Rating to Bonds of Central Nippon Expressway

JCR Assigned A+ Rating to Bonds of Japan Hotel REIT Investment Corporation

Nov. 01, 2017

JETS International Five Limited 176

Oct. 31, 2017

JCR Affirmed BBB+/Stable, BBB+ and Preliminary BBB+ on Kintetsu Group Holdings

JCR Affirmed A+/Stable and A+ on Japan Hotel REIT Investment Corporation

JCR Affirmed A-/Stable, A- and J-1 on Konoike Transport

[ Asset Securitization Products ] JCR Assigned J-1+ to Teral Bills & Electronically Recorded Receivable ABL17-10

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

Oct. 30, 2017

JCR Affirmed BBB+/Stable, BBB+ and Preliminary BBB+ on UNIZO Holdings

JCR Affirmed A/Positive, BBB+ and J-1 on ISUZU MOTORS

JCR Affirmed BBB- and J-2 on Taiyo Oil; Revised Outlook from Stable to Positive and Increase in CP Maximum Amount

JCR Affirmed J-2 Rating on CP of Seibu Oil

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL17-10

Oct. 27, 2017

JCR Assigned A/Stable Long-term Issuer Rating and J-1 to NIPPON STEEL & SUMIKIN BUSSAN CORPORATION

JCR Assigned A+ to Bonds of Shinhan Bank

JCR Affirmed A+/Stable Long-term Issuer Rating on Jupiter Telecommunications

JCR Affirmed AA-/Stable and AA- on The Awa Bank

JCR Affirmed A-/Stable Long-term Issuer Rating on Chiba Kogyo Bank

[ Asset Securitization Products ] JCR Affirmed BBB+ on Godo Kaisha Residential One (Class B Loan)

Oct. 26, 2017

Order to Improve Business Operations Against Shoko Chukin Bank - Limited Impact on Rating, but JCR Will Closely Watch Discussions on Review of Operations, etc.　

JCR Assigned Preliminary AAA Rating to Shelf Registration of Central Japan Railway

JCR Affirmed BBB+/Stable Long-term Issuer Rating on FUJI

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Receivable ABL17-10 (D Hospital)

Oct. 25, 2017

JCR Assigned A+ Rating to Bonds of Sumitomo Mitsui Trust Panasonic Finance

JCR Affirmed BBB+/Stable and BBB+ on Makino Milling Machine

JCR Affirmed A/Stable Long-term Issuer Rating on Nishi-Nippon Financial Holdings
JCR Affirmed A/Stable and A- on NISHI-NIPPON CITY BANK

JCR Affirmed BBB+ (FC/LC) Ratings on Indian Railway Finance Corporation Limited with Stable Outlook

[ Asset Securitization Products ] JCR Assigned J-1 to Hyakugo Bank B Corporation Bills Receivable ABL17-10

Oct. 24, 2017

JCR Assigned Preliminary A Rating to Shelf Registration of Mitsui Chemicals

JCR Affirmed A-/Stable, A-, Preliminary A-, and J-1 on JACCS; Increase in CP Maximum Amount

JCR Affirmed AA-/Stable and AA- on Japan Excellent

JCR Assigned A to Canadian Solar Dual Tenor Green Project Bond Trust (Tottori) Beneficial Interest and Trust ABL

Oct. 23, 2017

JCR Upgraded Rating on SUMCO from BBB+/Positive to A-/Stable and from J-2 to J-1

JCR Assigned Preliminary A Rating to Shelf Registration of Nomura Real Estate Holdings

[ Asset Securitization Products ] JCR Affirmed J-1 on Medical Treatment Fees Receivable ABL Program (Seiwakai Medical Corporation, Ishii Hospital)

Oct. 20, 2017

JCR Assigned A- Rating to Bonds of SENKO Group Holdings

JCR Assigned AA- Rating to Bonds of Kyushu Electric Power Company

JCR Assigned AA- Rating to Bonds of Kansai Electric Power