News Release

Jun. 25, 2015

Affirms A+/AA- (FC/LC) ratings on Czech Republic: Outlook Stable

Highlights of Information Services Companies' Financial Results for Fiscal Year Ended March 2015

JCR Affirmed AA and J-1+ on Sompo Japan Nipponkoa Insurance; Revised Outlook from Stable to Positive
JCR Affirmed A on Saison Automobile and Fire Insurance; Revised Outlook from Stable to Positive

JCR Assigned A-/Stable Long-term Issuer Rating to DyDo DRINCO

JCR Affirmed J-1+ on Tokio Marine & Nichido Fire Insurance

JCR Affirmed AA+/Stable and J-1+ on Mitsui Sumitomo Insurance
JCR Affirmed AA+/Stable and J-1+ on Aioi Nissay Dowa Insurance

Jun. 24, 2015

[ Asset Securitization Products ]JCR Assigned J-1+ to Saitama Resona Bank A Corporation Bills Receivable Senior Beneficial Interest 15-06

Jun. 23, 2015

JCR Assigned AA- Rating to Bonds of GLP J-REIT

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

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

JCR Assigned BBB+/Stable Long-term Issuer Rating and BBB+ to SIIX

Jun. 22, 2015

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

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL15-06

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL15-06

JCR Affirmed AAA/Stable Rating on JBIC

Jun. 19, 2015

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL15-06 (F Hospital)

Highlights of Major Industrial Gas Manufacturers' Financial Results for Fiscal Year Ended March 2015

JCR Affirmed A-/Stable and A- Rating on Morinaga

JCR Affirmed A- Rating on Yokohama Shinkin Bank; Outlook Negative

Jun. 18, 2015

JCR Assigned BBB+ Rating on Program of ICICI Bank

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

JCR Assigned AA Rating to RMB denominated bonds of Bank of Tokyo-Mitsubishi UFJ

Jun. 17, 2015

JCR Assigned Preliminary J-1+ to MSNW Trust Certificate Series 15060

JCR Assigned A- Rating to Bonds of Tokyu Fudosan Holdings

JCR Assigned A to Bonds of SCSK Corporation

JCR Assigned A- Rating to Bonds of Showa Denko

JCR Affirmed A on TonenGeneral Sekiyu; Revised Outlook to Negative

JCR Affirmed A-/Stable, A- and Pre. A- Rating on TOBU RAILWAY

Jun. 16, 2015

Highlights of Dispensing Pharmacies' Financial Results for Fiscal Year Ended March 2015

JCR Assigned A+ Rating to Bonds of Sumitomo Realty & Development

Jun. 15, 2015

[ Asset Securitization Products ] JCR Assigned J-1 to Hyakugo Bank B Corp. Bills Rec. ABL15-06

JCR Affirmed A+ Rating on Bonds of SCB Securitization Company

JCR Upgraded Rating on ORIX JREIT from AA-/Positive to AA/Stable

Financial Results of Major Real Estate Companies for FY2014

Jun. 12, 2015

[ Asset Securitization Products ] JCR Assigned Pre. J-1 to Hyakugo Bank B Corp. Bills Rec. ABL15-06

[ Asset Securitization Products ] JCR Assigned J-1+ to D Corporation Bills Receivable ABL15-06

JCR Assigned A Rating to Sub. Bonds of Mizuho Financial Group

JCR Assigned A Rating to Bonds of Nippon Paper Industries

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

JCR Affirmed A and J-1 on LINTEC; Revised Outlook to Positive

JCR Upgraded S. TOHOKU Research Inst. for Neuroscience to A-/Stable

JCR Assigned A and Preliminary A to SKY Perfect JSAT Holdings

JCR Assigned AA- Rating to Bonds of Kansai Electric Power

JCR Assigned AAA Rating to Bonds of Aichi Prefecture

Tokyo TY Financial Group to Add ShinGinko Tokyo to Its Group

JCR Placed Rating of ShinGinko Tokyo under CM #BBB-[Positive]

Jun. 11, 2015

JCR Assigned AA- Rating to Bonds of COCA-COLA WEST

JCR Affirmed AA/Stable Rating on Shinkin Central Bank

JCR Affirmed A/Stable Rating on Shinkin Guarantee Fund

JCR Affirmed A/Stable on Sapporo Shinkin Bank

JCR Assigned Preliminary A+ Rating to Shelf Registration of THK

JCR Placed Rating on Tokio Marine Holdings under Credit Monitor #AAA[Negative]
JCR Placed Rating on Tokio Marine & Nichido Fire Insurance under Credit Monitor #AAA[Negative]

Highlights of Financial Results of Major Special Steel Manufacturers for Fiscal Year Ended March 2015

Jun. 10, 2015

[ Asset Securitization Products ] JCR Assigned Pre. J-1+ to A Corp. Bills Rec. Senior Ben. Int. 15-06

Highlights of Major Cement Companies' Financial Results for Fiscal Year Ended March 2015

Jun. 09, 2015

JCR Assigned A Ratings to JPY Bonds of Busan Bank

Highlights of General Chemical Manufacturers' Financial Results for Fiscal Year Ended March 2015

JCR Affirmed BBB/Stable on Tokushu Tokai Paper

JCR Assigned AA Rating to Bonds of Urban Renaissance Agency

Jun. 08, 2015

JCR Affirmed A+ (FC) Ratings on HCS

JCR Affirmed AA-/Stable LT Issuer Rating and AA- on TOKYU REIT

JCR Upgraded Rating on Seibu Shinkin from A/Positive to A+/Stable

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

Jun. 05, 2015

Sumitomo Rubber Industries Dissolving Alliance with Goodyear

JCR Assigned A- Rating to Bonds of ANA HOLDINGS

JCR Assigned AA- Rating to Bonds of Odakyu Electric Railway

JCR Assigned AAA Rating to Bonds of Tokyo Metro

JCR Assigned A+ Rating to Bonds of Marubeni

Jun. 04, 2015

JCR Affirmed A/Stable on ROHTO PHARMACEUTICAL

JCR Affirmed AAA/Stable on Central Japan Railway

Rakuten's Capital Increase

Jun. 03, 2015

JCR Assigned A- Rating to Bonds of SoftBank Corp.

JCR Assigned AA- Ratings to Bodns of Nomura Holdings

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

JCR Affirmed A-/Stable Rating on ARIAKE JAPAN

Jun. 02, 2015

Highlights of Major General Construction Companies' Financial Results for Fiscal Year Ended March 2015

Jun. 01, 2015

JCR Affirmed A-/Stable, BBB+ and Pre. A- Rating on Shikoku Bank

Highlights of Financial Results of Supermarket Chain Operators for Fiscal Year 2014

JCR Affirmed A+/Stable and J-1 Ratings on THK

JCR Affirmed BBB/Stable and BBB- Rating on Minami-Nippon Bank

May. 29, 2015

[ Asset Securitization Products ] JCR Assigned J-1+ to Teral Bills Receivable ABL15-05

[ Asset Securitization Products ] JCR Assigned J-1 to Nohara Bills Receivable ABL15-05

Highlights of Major Automakers' Financial Results for Fiscal Year Ended March 2015

Highlights of Major Flour Milling Companies' Financial Results for Fiscal Year Ended March 2015

JCR Assigned A+ Rating to Bonds of Mitsubishi Chemical Holdings

JCR Affirmed A/Stable Rating on Hiroshima Shinkin Bank

JCR Withdraws A-/Stable and J-1 on GECOSS

JCR Assigned A+ Rating to Subordinated Bonds of SMTH

JCR Assigned A Rating to Bonds of IBJ Leasing

JCR Affirmed J-1 on NIPPON STEEL & SUMIKIN LOGISTICS: CP Max. Up

JCR Assigned AA- Rating to Bonds of MUL

JCR Assigned AA+ Rating to Bonds of JASSO

May. 28, 2015

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL15-05

JCR Affirmed A+/Stable, A+ and J-1 Rating on NIKON

JCR Assigned AA- Rating to Bonds of TOKYU CORPORATION

JCR Affirmed A+/Stable on Yamagata Bank

JCR Assigned Preliminary A- Rating to Shelf Registration of SoftBank

May. 27, 2015

[ Asset Securitization Products ]JCR Affirmed AAA on 1st Installment/Lease ABL (Nakamichi Leasing)

Highlights of Financial Results of Heavy Machinery Manufacturers for Fiscal Year Ended March 2015

JCR Affirmed BBB+/Stable LT Issuer Rating on HARIMA CHEMICALS GROUP