News Release

Oct. 31, 2017

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

JCR Assigned AA+ Rating to Bonds of Japan Student Services Organization

JCR Assigned AAA to Bonds of Central Nippon Expressway

JCR Affirmed A-/Stable Long-term Issuer Rating on Southern TOHOKU Research Institute for Neuroscience

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

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

JCR Affirmed A+/Stable, A+ and Preliminary A+ on NSK

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

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

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

Oct. 19, 2017

JCR Assigned A- Rating to Bonds of NIPPON TOCHI-TATEMONO

JCR Affirmed A/Stable and J-1 on PARCO

JCR Affirmed A/Stable Long-term Issuer Rating on PARAMOUNT BED HOLDINGS

JCR Affirmed J-1 Rating on CP of MMC Diamond Finance

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL17-10

JCR Withdraws J-2 Rating on CP of IBJ Leasing

Oct. 18, 2017

JCR Assigned A Rating to Bonds of TEPCO Power Grid

JCR Assigned Preliminary A Rating to Shelf Registration of TSUBAKIMOTO CHAIN

JCR Assigned AA- Rating to Bonds of Mitsubishi UFJ Lease & Finance

JCR Affirmed AA-/Stable, AA-, AA-, Preliminary AA- and J-1+ on Mitsubishi UFJ Lease & Finance Company

JCR Affirmed A/Stable and A- on Juroku Bank

JCR Affirmed A/Stable and A- on Ogaki Kyoritsu Bank

JCR Affirmed J-1 Rating on CP of Shutoken Leasing

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

Oct. 17, 2017

Series 146

JCR Placed Rating on Kobe Steel under Credit Monitor #A/Negative and #J-1/Negative

JCR Placed Rating on Kobelco Construction Machinery under Credit Monitor #A-/Negative and #J-1/Negative

JCR Placed Rating on Shinsho under Credit Monitor #BBB/Negative and #J-2/Negative

JCR Assigned A- Rating to Bonds (Tier 1 with loss absorption clause) of Mitsubishi UFJ Financial Group

JCR Affirmed A/Stable and A on NIFCO

JCR Affirmed J-2 Rating on CP of KOKUSAI PULP & PAPER

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

JCR Affirmed AAA/AAA ratings on Norway with Stable Outlook

JCR Affirmed BBB+ (FC) Ratings on ICICI Bank Limited with Stable Outlook

Oct. 16, 2017

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

JCR Affirmed AA/Stable Long-term Issuer Rating on Iyo Bank

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

JCR Affirmed BBB+/BBB+ (FC/LC) Ratings on India

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

[ Asset Securitization Products ] JCR Affirmed J-1+ on ABCP Programs of Super Trust 1 to 15, LLC

Oct. 13, 2017

JCR Assigned AAA to Bonds of Aichi Prefecture

JCR Assigned A- Rating to Bonds of Tokyu Fudosan Holdings

JCR Assigned BBB+ Rating to Bonds of BELLUNA

JCR Affirmed A-/Stable and A- on H.I.S.

JCR Affirmed A-/Stable and J-1 on Kobelco Construction Machinery

JCR Affirmed J-1+ Rating on CP of Mitsubishi Heavy Industries; Increase in CP Maximum Amount

Oct. 12, 2017

JCR Assigned AAA Rating to Bonds of West Nippon Expressway

JCR Affirmed A/Stable, A and J-1 on SKY Perfect JSAT Holdings

Oct. 11, 2017

JCR Assigned A to Bonds (Tier 2 with loss absorption clause) of Bank of Nagoya

JCR Assigned A+ Rating to Bonds of Tokyo Century Corporation

JCR Assigned Preliminary A Rating to Shelf Registration of HOKKAIDO GAS

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

JCR Affirmed BBB+/Stable and BBB+ on Kanagawa Chuo Kotsu

Oct. 10, 2017

Kobe Steel's Improper Conduct Concerning a Portion of Aluminum and Copper Products - JCR will Closely Watch Future Developments and Investigation Results

Oct. 06, 2017

JCR Assigned A+ Rating to Bonds of JGC

JCR Assigned AA Rating to Bonds of Chubu Electric Power

JCR Assigned AA+ Rating to Bonds of Electric Power Development

JCR Assigned A- Rating to Bonds of JACCS

JCR Assigned AAA to Bonds of NTT FINANCE

JCR Assigned AAA to Bonds of Metropolitan Expressway

JCR Assigned AAA Rating to Bonds of Development Bank of Japan

JCR Affirmed BBB+/Stable and J-2 on FUJI SOFT

JCR Affirmed BBB-/Stable Long-term Issuer Rating on Jimoto Holdings
JCR Affirmed BBB-/Stable Long-term Issuer Rating on Kirayaka Bank
JCR Affirmed BBB-/Stable Long-term Issuer Rating on Sendai Bank

Oct. 05, 2017

JCR Assigned AA Rating to Bonds of Chugoku Electric Power

JCR's Rating Review of Blast Furnace Steel Manufacturers

Oct. 04, 2017

JCR Upgraded Rating on Daiwa House REIT Investment Corporation from AA-/Positive to AA/Stable

JCR Assigned AAA to Bonds of Aichi Prefecture