News Release

Apr. 08, 2015

Hulic's Capital Increase

JCR Assigned AAA Rating to Bonds of Development Bank of Japan

Apr. 07, 2015

JCR Affirmed A-/Stable, A-, BBB+, Pre. A- and J-1 Rating on SoftBank
JCR Affirmed BBB+(undated sub.)(perpetual preferred secs.)<sub. gtd. by Softbank> Rating on SFJ Capital Limited

JCR Assigned AA- Rating to Bonds of SAIBU GAS

JCR Assigned Preliminary A+ Rating to Shelf Registration of NSK

Apr. 06, 2015

JCR Affirmed BBB/Stable Long-term Issuer Rating on FUTABA INDUSTRIAL

JCR's Opinion on Basic Agreement on COCA-COLA WEST's Acquisition of All Shares in Shikoku Coca-Cola

Apr. 03, 2015

JCR Affirmed A-/Stable on Seto Shinkin Bank

JCR Affirmed AAA/Stable, AAA and J-1+ on Okinawa Electric Power

JCR Affirmed A-/Negative and J-1 Rating on MITSUMI ELECTRIC

Apr. 02, 2015

JCR Affirmed A-/A (FC/LC) Ratings on PTTEP; Outlook Stable

JCR Upgraded Showa Aircraft Industry from BBB-/Stable to BBB/Stable

JCR Affirmed A-/A (FC/LC) on Thailand; Revised Outlook to Stable

JCR Affirmed A-/A (FC/LC) Ratings on PTT; Revised Outlook to Stable

SUMCO's Announcement of Public Offering

JCR Affirmed AA/Stable on Kokugakuin University

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

Apr. 01, 2015

JCR Assigned Pre. AA to Shelf Registration of Mitsui Fudosan

JCR Upgraded Hiroshimashi Credit Coop from A-/Positive to A/Stable

JCR Affirmed AA- Rating on CABEI

JCR Assigned Pre. AA- to Shelf Reg. of Sumitomo Mitsui Trust

JCR Affimred BBB+/Negative on Kintetsu Group Holdings

JCR Affirmed A/Stable on Tomakomai Shinkin Bank

JCR Downgraded Sharp from #BB+ to #BB[Negative]; Maintains CM

Mar. 31, 2015

[ Asset Securitization Products ] JCR Assigned J-1+ to Hokuriku Bank H Corporation Bills Receivable ABL15-03

[ Asset Securitization Products ]JCR Assigned J-1+ to Teral Bills Receivable ABL15-03

[ Asset Securitization Products ] JCR Assigned J-1 to Nohara Bills Receivable ABL15-03

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

JCR Withdraws AA+ FC Long-term Issuer Rating on GDF SUEZ

JCR Affirmed AAA rating on ADB

JCR Affirmed A+p/AA-p (FC/LC) Ratings on KDB

JCR Withdraws J-1 Rating on CP of DSB

JCR Withdraws BBB/Stable Long-term Issuer Rating on Ueda Harlow

Mar. 30, 2015

[ Asset Securitization Products ]JCR Affirmed AAA and A- on Beneficial Interest of Triangulum Occident

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL15-03

JCR Affirmed A-/Stable Long-term Issuer Rating on NIPPON REIT Investment Corporation

JCR Affirmed A-/Stable Long-term Issuer Rating, A- on Bonds and J-1 on CP for Mitsui Sugar

JCR Assigned BB+ Rating to Subordinated Loan of COSMO OIL

JCR Affirmed A+ Long-term Issuer Rating, A+ on Bonds and Preliminary A+ on Shelf Registration of Comforia Residential; Revised Outlook from Stable to Positive

JCR Affirmed A/Stable Long-term Issuer Rating and A on Bonds for HOKUETSU KISHU PAPER

JCR Affirmed A-/Stable Long-term Issuer Rating and J-1 on UNY Group Holdings

Mar. 27, 2015

[ Asset Securitization Products ] JCR Assigned J-1 to CATERPILLAR Kyushu Bills ABL15-03

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

JCR Removed CM; Downgraded Rating on Takata from #A-/Negative, Preliminary #A-/Negative, #J-1/Negative to BBB+ with Negative Outlook, Preliminary BBB+, J-2

JCR Affirmed AAA Rating on Bonds of Aichi Prefecture

JCR Assigned Pre. BBB+ Rating to Shelf Registration of NICHIAS; Affirmed BBB+ Long-term Issuer Rating; Revised Outlook from Stable to Positive; Affirmed BBB+ on Bonds

JCR Affirmed BBB-/Stable and J-2 on JK Holdings

JCR Affirmed AAA/Stable Long-term Issuer Rating on Kyushu University

Mar. 26, 2015

JCR's Opinion on Corrections in Summary of Financial Results by Showa Denko and SHOKO

JCR Removed CM; Affirmed ZENSHO HOLDINGS Rating at BBB-/Stable, BBB-, Preliminary BBB- and J-2

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

JCR Assigned AAA Ratings to AfDB's Notes

JCR Affirmed A+/Stable Long-term Issuer Rating and J-1+ Rating on CP of JSF Trust and Banking

JCR Affirmed AA-/Stable Long-term Issuer Rating and J-1+ Rating on CP of Japan Securities Finance

JCR's Opinion on JX Holdings' Revisions to Full-year Forecasts and Reporting of Impairment Losses

JCR Affirmed A/Stable Long-term Issuer Rating on Mortgage Corporation of Japan

Mar. 25, 2015

[ Asset Securitization Products ] JCR Assigned J-3 to Monthly Clear Card Shopping Receivable ABL <NLS> 15-03

[ Asset Securitization Products ] JCR Assigned J-1+ and J-2 to Hokuriku Bank C Corporation Bills Receivable ABL15-03

[ Asset Securitization Products ] JCR Assigned J-1 to Kimura Bills Receivable ABL15-03

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL15-03 (D Hospital)

[ Asset Securitization Products ]JCR Assigned J-1+ to MSNW Trust Certificate Series 15030

JCR Affirmed A-/Stable Long-term Issuer Rating and J-1 Rating on CP for SAN-AI OIL

JCR Affirmed BBB/BBB+ (FC/LC) Ratings on Hungary with Stable Outlook

JCR Affirmed BBB/BBB+ (FC/LC) Ratings on NBH with Stable Outlook

JCR Assigned Preliminary A+ Rating to Shelf Registration of TAISEI CORPORATION

Mar. 24, 2015

[ Asset Securitization Products ] JCR Assigned J-1+ to Saitama Resona Bank A Corporation Bills Receivable Senior Beneficial Interest 15-03

JCR Removed CM; Downgraded Rating on TOMY from #BBB[Negative] to BBB- with Stable Outlook

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

JCR Affirmed BBB+/Stable Long-term Issuer Rating on FIDEA Holdings
JCR Affirmed BBB+/Stable Long-term Issuer Rating on Shonai Bank
JCR Affirmed BBB/Stable Long-term Issuer Rating on Hokuto Bank

JCR Affirmed A/Stable Long-term Issuer Rating, A Rating on Bonds, Preliminary A Rating on Shelf Registration and J-1 Rating on CP of TAIYO NIPPON SANSO

JCR Assigned Preliminary BB+ Rating to Subordinated Loan of COSMO OIL

Mar. 23, 2015

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL15-03

[ Asset Securitization Products ]JCR Assigned Preliminary J-1 to CATERPILLAR Kyushu Bills ABL15-03

[ Asset Securitization Products ] JCR Assigned J-1 to Hyakugo Bank B Corporation Bills Receivable ABL15-03

JCR Affirmed A-/Stable Long-term Issuer Rating and J-1 on CP for Nippon Steel Kowa Real Estate

JCR Affirmed AA/Stable Long-term Issuer Rating and AA Rating on Bonds of Nomura Real Estate Residential Fund

JCR Assigned Preliminary A- Rating to Shelf Registration of VALOR

JCR Affirmed A-/Stable Long-term Issuer Rating and J-1 Rating on CP of Idemitsu Credit

JCR's Opinion on Century Tokyo Leasing's Acquisition of Shares in CSI Leasing

Mar. 20, 2015

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL15-03

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

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL15-03 (F Hospital)

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

JCR Affirmed A/Stable, A, Preliminary A and J-1 on SUMITOMO HEAVY INDUSTRIES

JCR Affirmed BBB/Stable Long-term Issuer Rating on Oenon Holdings

JCR Upgraded Rating on Nagoya Railroad from A-/Stable, A- and Preliminary A- to A/Stable, A and Preliminary A

JCR Affirmed AA-/Stable Long-term Issuer Rating on Hankyu REIT

JCR Affirmed A- Long-term Issuer Rating on OHSHO FOOD SERVICE; Revised Outlook from Stable to Negative

Mar. 19, 2015

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

JCR Affirmed A+/Stable Long-term Issuer Rating on OITA BANK

JCR Affirmed A-/Stable Long-term Issuer Rating on HOKUTO

JCR Affirmed A+/AA- (FC/LC) Long-term Issuer Ratings on Daejeon City
JCR Affirmed A+ Ratings on Bonds of Daejeon Riverside Expressway Funding

JCR Affirmed A+/Stable Long-term Issuer Rating on OBAYASHI CORPORATION

JCR Affirmed A+p/Stable Long-term Issuer Rating on SHIMIZU CORPORATION

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

JCR Affirmed A+/Stable Long-term Issuer Rating and A+ Rating on Bonds of TAISEI CORPORATION

Mar. 18, 2015

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Hyakugo Bank B Corporation Bills Receivable ABL15-03

JCR Upgraded Long-term Issuer Rating on IINO KAIUN KAISHA from BBB/Positive to BBB+/Stable

JCR Assigned Preliminary AA- Rating to Shelf Registration of COCA-COLA WEST

JCR Upgraded Long-term Issuer Rating from BBB/Stable to BBB+/Stable and Bond Rating from BBB to BBB+ for TONAMI HOLDINGS