News Release

Sep. 16, 2015

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL15-09 (F Hospital)

JCR Affirmed BBB/Stable Long-term Issuer Rating on DAIKI ALUMINIUM

Sep. 15, 2015

[ Asset Securitization Products ]JCR Assigned Preliminary J-1+ to MSNW Trust Certificate Series 15090

JCR Affirmed AA-/Stable, AA- and J-1+ on Hitachi Capital

JCR Affirmed BBB+ Rating on SEIBU HOLDINGS; Outlook Positive

JCR Affirmed A-/Stable, A-, BBB and J-1 Rating on Showa Denko

JCR Affirmed J-2 Rating on CP of SHOKO

JCR Affirmed AA- Rating on Activia; Revised Outlook to Positive

JCR Affirmed BBB+/Stable on DAIICHI JITSUGYO

Sep. 14, 2015

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

JCR Placed Rating on MITSUI LIFE under Credit Monitor #BBB[Positive]

Nippon Life to Make MITSUI LIFE a Subsidiary

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

Sep. 11, 2015

Totan Group to Reorganize

JCR Affirmed A/Stable, A and Pre. A on Kawasaki Heavy Industries

JCR Assigned A- Rating to Bonds of DIC

JCR Assigned A+ Rating to Bonds of Century Tokyo Leasing

JCR Assigned BBB+ Rating to Bonds of HANWA

JCR Assigned AAA Rating to Bonds of Central Nippon Expressway

JCR Assigned AA- Rating to Bonds of Kansai Electric Power

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

JCR Assigned A Rating to Bonds of JA MITSUI LEASING

Sep. 10, 2015

[ Asset Securitization Products ] JCR Assigned J-1+ to D Corporation Bills Receivable ABL15-09

JCR Placed Ratings on AvanStrate under Credit Monitor (#CC[Negative])

Sep. 09, 2015

[ Asset Securitization Products ] JCR Assigned Pre. J-1+ to A Corp. Bills Rec. Senior Ben. Int. 15-09

JCR Affirmed BBB/Positive Long-term Issuer Rating on KANAMOTO

Mitsui Sumitomo Insurance's Acquisition of Amlin in UK

JCR Affirmed BBB/Negative Long-term Issuer Rating on KISOJI

JCR Assigned AAA Rating to Bonds of East Nippon Expressway

Sep. 08, 2015

JCR Upgraded Rating on NTT FINANCE from AA+/Stable to AAA/Stable

JCR Assigned BBB+ Rating to Bonds of MES

JCR Affirmed BBB+/Stable Rating on Hanwha Chemical

JCR Assigned AAA/Stable Long-term Issuer Rating to NTT

Sep. 07, 2015

JCR Affirmed BBB+/Stable on ASAHI PRINTING

JCR Affirmed A/Stable and J-1 on Nabtesco

Sep. 04, 2015

[ Asset Securitization Products ]JCR Affirmed BBB Rating on ABL of WBBL

JCR Assigned A- Rating to Bonds of Tokyu Fudosan Holdings

JCR Assigned A+ Ratings to Subordinated Bonds of SMFG

JCR Affirmed A+/Stable, A+, Pre. A+ and J-1 Rating on Hulic

JCR Affirmed BBB+/Stable on Gifu Shinkin Bank

JCR Assigned AA Rating to Bonds of NEW KANSAI INTERNATIONAL AIRPORT

JCR Upgraded Rating on Rakuten Securities from A- to A; Affirmed J-1

JCR Upgraded Rating on Rakuten Card from A-/Stable to A/Stable

JCR Assigned A+ Rating to Bonds of TAISEI CORPORATION

JCR Upgraded Rating on Rakuten Bank from A-/Stable to A/Stable

JCR Upgraded Rating on Rakuten from A-/Stable to A/Stable

JCR Assigned AA- Rating to Bonds of JCB

JCR Affirmed AA- Rating on EMTN of ITOCHU
JCR Affirmed AA- Rating on EMTN of ITOCHU Treasury Centre Europe

Sep. 03, 2015

JCR Affirmed AA/Stable and J-1+ on Sekisui House

JCR Assigned AA Rating to Bonds of Urban Renaissance Agency

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

JCR Affirmed A/Stable and A- Rating on TAIKO BANK

JCR Assigned AA Rating to Bonds of Chubu Electric Power

JCR Assigned AA- Rating to Bonds of Japan Excellent

JCR Upgraded Rating on TOSOH from A- to A/Stable

Sep. 02, 2015

JCR Assigned AAA to Bonds of Aichi Prefecture

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

JCR Affirmed BBB/Stable Long-term Issuer Rating on HOSOKAWA MICRON

JCR Assigned A- Ratings to Undated Subordinated Bonds of SMTH

Sep. 01, 2015

JCR Affirmed A on MITSUI-SOKO HLD; Revised Outlook to Negative

JCR Affirmed A/Stable LT Issuer Rating on Marubeni-Itochu Steel

Aug. 31, 2015

[ Asset Securitization Products ]JCR Assigned J-1 to Hyakugo Bank B Corp. Bills Rec. ABL15-08

JCR Affirmed J-1+ on Mortgage Service Japan ABL Program

[ Asset Securitization Products ]JCR Assigned J-1+ to Teral Bills Receivable ABL15-08

[ Asset Securitization Products ] JCR Assigned J-1 to Nohara Bills Receivable ABL15-08

JCR Withdraws A+ and J-1 Ratings on Cedyna Financial Corporation

JCR Withdraws AA- Rating on EMTN Program of SMFL

JCR Affirmed A-/Stable and BBB+ Rating on Tokyo Star Bank

JCR Affirmed A/Stable and A- Rating on Chukyo Bank

Aug. 28, 2015

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL15-08

[ Asset Securitization Products ]JCR Affirmed J-1 on Ferry Road ETC Card Receivable ABL Program

JCR Assigned A- Rating to Bonds of SAPPORO HOLDINGS

JCR Affirmed BBB-/Stable Ratings on Turkey

JCR Assigned Pre. AA- Rating to Shelf Reg. of Sumitomo Metal Mining

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

JCR Affirmed BBB+/Stable and J-2 Ratings on Shinhan Bank Japan

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

JCR Assigned A Rating to Bonds of Keisei Electric Railway

JCR Assigned A- Rating to Bonds of FUJI ELECTRIC

ICHINEN HOLDINGS's Acquisition of TEPCO Lease

JCR Assigned A- Rating to Bonds of NEC Capital Solutions

Aug. 27, 2015

Series 1501-01J

Series 1502-B01

[ Asset Securitization Products ] JCR Assigned Pre. J-1 to Hyakugo Bank B Corp. Bills Rec. ABL15-08

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

JCR Affirmed A/Stable and J-1 on SHOWA SHELL SEKIYU

JCR Upgraded Senshu Ikeda Bank from BBB+/Positive to A-/Stable

JCR Assigned A+ Rating to Bonds of AIR WATER

JCR Affirmed AA/Stable on TOYOTA BOSHOKU

JCR Assigned AAA Rating to Bonds of West Nippon Expressway

JCR Affirmed A-/Stable, A-, Pre. A- and J-1 on NEC Capital Solutions

JCR Assigned AA- Rating to Bonds of Mitsubishi Heavy Industries

JCR Assigned Preliminary AA Rating to Shelf Registration of SEI

Postponement of Basic Agreement on Managerial Integration between FamilyMart and UNY Group

Aug. 26, 2015

JCR's Rating Review of FX Margin Trading Intermediaries

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

JCR Assigned AA+ Rating to Bonds of JASSO

Aug. 25, 2015

[ Asset Securitization Products ] JCR Assigned J-3 to Monthly-Clearable Card Shopping Rec. ABL15-08

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL15-08 (D Hospital)

[ Asset Securitization Products ]JCR Assigned J-1+ to MSNW Trust Certificate Series 15080