News Release

Jul. 07, 2016

Series 144

JCR Assigned AAA to Bonds of Aichi Prefecture

JCR Affirmed BBB+/Stable Rating on Asahi Fire And Marine Insurance

JCR Assigned Pre AA- Rating to Sub.Bonds of Sompo Japan Nipponkoa

JCR Assigned Preliminary A Rating to Shelf Reg. of Kobe Steel

Jul. 06, 2016

JCR Affirmed BBB+ on SIIX; Revised Outlook from Stable to Positive

JCR Affirmed BBB/Stable on Tokushu Tokai Paper

JCR Affirmed BB+/Stable on YAMADA SERVICER SYNTHETIC OFFICE

JCR Affirmed S3 Special Servicer Rating on YAMADA SERVICER

Jul. 05, 2016

JCR Assigned A Rating to Bonds of MORI BUILDING

JCR Assigned A to Bonds of DIC

Highlights of Edible Oil Companies' Financial Results for FY2015

JCR Affirmed A Ratings on Maybank

Jul. 04, 2016

JCR Downgraded MITSUI-SOKO HOLDINGS from A/Negative to A-/Stable

JCR Assigned Pre. A+ to Bonds of Mitsubishi UFJ Financial Group

Jul. 01, 2016

JCR Removed CM; Downgraded Rating on CHUBU GAS to BBB+/Stable

JCR Assigned AA-/Stable to Mitsui Fudosan Logistics Park

JCR Affirmed A- on Mitsui Mining and Smelting; Revised Outlook to Stable

JCR Assigned Pre. AA+ Rating to Shelf Registration of NTT DATA

JCR Affirmed BBB/Stable and J-2 on Daiei Real Estate & Development

Highlights of General Trading Companies' Financial Results for FY2015

Jun. 30, 2016

[ Asset Securitization Products ] JCR Assigned J-1 to Toda Kogyo Bills Receivable ABL16-06

[ Asset Securitization Products ] JCR Assigned J-1 to Nohara Bills Receivable ABL16-06

[ Asset Securitization Products ] JCR Assigned J-1+ to Teral Bills Receivable ABL16-06

[ Asset Securitization Products ] JCR Affirmed BBB Rating on Evolution Funding Trust 2015-1

[ Asset Securitization Products ] JCR Affirmed BBB Rating on Evolution Funding Trust 2015-2

JCR Assigned BBB-/Stable Rating to Adaro Energy in Indonesia

JCR Assigned Preliminary AA Rating to Shelf Registration of SMBC

Jun. 29, 2016

Series CLN-83

Trust Bond Series 37 issued by The Nomura Trust & Banking Co. Ltd.

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL16-06

JCR Removed CM; Downgraded Rating on WILLOW NO.2 Series 002 to A+

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL16-06

JCR's Rating Review of Electric Power Companies

JCR Affirmed AAA(FC/LC) on UK; Revised Outlook from Stable to Negative

Jun. 28, 2016

JCR Assigned BBB to Mitsubishi UFJ Trust ABL630

JCR Affirmed A/Stable, A, BBB+ and Pre. A on MORI BUILDING

JCR Assigned A Rating to Subordinated loan of Suntory Holdings

JCR Affirmed A- Rating on Chikuho Bank; Revised Outlook to Negative

Jun. 27, 2016

[ Asset Securitization Products ] JCR Assigned J-1+ to MSNW Trust Certificate Series 16060

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL16-06 (D Hospital)

TAIYO NIPPON SANSO to Acquire U.S. Industrial Gas Business

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

Highlights of Major Trucking Companies' Financial Results for Fiscal Year Ended March 2016

Jun. 24, 2016

[ Asset Securitization Products ] JCR Assigned J-1+ and J-2 to C Corporation Bills Receivable ABL16-06

Highlights of Major Industrial Gas Manufacturers' Financial Results for Fiscal Year Ended March 2016

Jun. 23, 2016

[ Asset Securitization Products ] JCR Assigned J-1+ to A Corp. Bills Receivable Senior Ben. Int. 16-06

JCR Affirmed AA/Stable and AA on ORIX JREIT

JCR Assigned A Rating to Bonds of Rakuten

JCR Assigned Pre. A+ Rating to Shelf Reg. of Hankyu Hanshin Holdings

Jun. 22, 2016

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL16-06

Highlights of Major Private Railroad Companies' Financial Results for Fiscal Year Ended March 2016

JCR Downgraded Rating on Toyo Tire from A-/Negative to BBB+/Stable

JCR's Rating Review of Tire Manufacturers

JCR Upgraded Rating on BRIDGESTONE from AA/Positive to AA+/Stable

JCR Affirmed A+ on Yokohama Rubber; Revised Outlook to Negative

JCR Affirmed A+/Stable, J-1 on Sumitomo Mitsui Trust Loan & Finance

JCR Upgraded HIKARI TSUSHIN from BBB+/Positive to A-/Stable

Jun. 21, 2016

Series 1605-B02

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL16-06

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL16-06 (F Hospital)

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

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

Highlights of Oil Distributors' Financial Results for FY2015

Jun. 20, 2016

JCR Downgraded IBJL-TOSHIBA Leasing from A/Stable to A-/Stable

JCR Withdrew A+/AA- (FC/LC) Ratings on IBK

JCR Downgraded Rating on IBJ Leasing from A/Stable to A-/Stable

Jun. 17, 2016

[ Asset Securitization Products ] JCR Assigned Preliminary J-1+ to MSNW Trust Certificate Series 16060

JCR Withdraws A-/Positive on NEXON

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

Highlights of Major Ink Manufacturers' Financial Results for FY2015

JCR Assigned BBB+ to Bonds Program (Senior bonds) of ICICI Bank

JCR Downgraded Rating on Benesse Holdings from AA- to A+/Negative

JCR Assigned Pre. A+ Rating to Shelf Reg. of SUMITOMO CHEMICAL

Jun. 16, 2016

JCR Assigned Preliminary BBB to Mitsubishi UFJ Trust ABL

Highlights of Supermarket Chain Operators' Financial Results for Fiscal Year Ended February/March 2016

JCR Upgraded from BBB+ to A- on Hanwha Chemical with Stable Outlook

JCR Affirmed A+/Stable and A+ Rating on Nishi-Nippon Railroad

JCR Affirmed AA-/Stable, AA- and J-1+ Rating on JCB

Jun. 15, 2016

Highlights of Major Dispensing Pharmacies' Financial Results for Fiscal Year Ended March 2016

JCR Assigned A Rating to Subordinated Loan of JFE Holdings

JCR Affimred A- on KITZ CORPORATION; Revised Outlook to Positive

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

JCR Assigned AAA to Bonds of Aichi Prefecture

Jun. 14, 2016

[ Asset Securitization Products ] JCR Assigned J-1+ to D Corporation Bills Receivable ABL16-06

JCR Affirmed AA-/Stable and AA- Rating on Fukuoka REIT Corporation

JCR Assigned AA Rating to Bonds of Advance Residence Investment

Jun. 13, 2016

JCR Affirmed A/Stable LT Issuer Rating on Sapporo Shinkin Bank

JCR Affirmed A+ (FC) Ratings on HCS

JCR Affirmed A/Stable on ROHTO PHARMACEUTICAL

Jun. 10, 2016

Trust Bonds No.134

JCR Assigned A- Rating to Bonds of Sotetsu Holdings

Highlights of General Chemical Manufacturers' Financial Results for Fiscal Year Ended March 2016

JCR Assigned AA Rating to Bonds of Urban Renaissance Agency

JCR Assigned BBB+ Rating to Bonds of NIPPON THOMPSON

JCR Assigned AA to Bonds of Chubu Electric Power

JCR Assigned AA Rating to Bonds of Chugoku Electric Power

JCR Assigned A Rating to Bonds of HOKUETSU KISHU PAPER

JCR Affirmed J-1 Rating on CP of Tokyo Tatemono; Increase in CP Max.

JCR Affirmed A/Positive and J-1 on LINTEC