News Release

Oct. 23, 2014

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

Oct. 22, 2014

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

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

JCR Affirmed BBB+/Stable Long-term Issuer Rating and J-2 Rating on CP of FUJI SOFT

JCR Affirmed A+/Stable on Daido Life Insurance
JCR Affirmed A+/Stable on Taiyo Life Insurance
JCR Affirmed A+/Stable on T&D Financial Life Insurance

JCR Upgraded Rating on FUJI from BBB/Stable to BBB+/Stable

JCR Affirmed J-2 Rating on CP of Seibu Oil

JCR Affirmed BBB-/BBB (FC/LC) Long-term Issuer Ratings on Indonesia

JCR Assigned AA- Rating to Bonds of Sumitomo Mitsui Trust Bank

JCR Assigned A Rating to Bonds of Nomura Real Estate Holdings

Oct. 21, 2014

[ Asset Securitization Products ] October 21, 2014JCR Assigned Preliminary J-1 to Hyakugo Bank B Corporation Bills Receivable ABL14-10

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL14-10

JCR Assigned A Rating to Bonds of SUMITOMO HEAVY INDUSTRIES

JCR Affirmed BBB Long-term Issuer Rating on KISOJI; Revised Outlook from Stable to Negative

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

JCR Affirmed A-/Stable and J-1 on Yasuda Real Estate

Oct. 20, 2014

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL14-10 (F Hospital)

JCR Affirmed A+/Positive Long-term Issuer Rating on NISSAN FINANCIAL SERVICES

JCR Affirmed A+/Positive Long-term Issuer Rating on NISSAN MOTOR

Oct. 17, 2014

JCR Affirmed BBB/Stable Long-term Issuer Rating on YAHAGI CONSTRUCTION

JCR Affirmed A+/Stable Long-term Issuer Rating and A+ Ratings on Bonds for Sankei Building

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

JCR Affirmed BBB+/Stable and BBB+ on Makino Milling Machine

JCR Affirmed BBB+/Stable Long-term Issuer Rating, BBB+ on Bonds, Preliminary BBB+ on Shelf Reg. and J-2 on CP for Nankai Electric Railway

JCR Assigned A- Rating to Bonds of H.I.S.

Oct. 16, 2014

[ Asset Securitization Products ]JCR Assigned Preliminary J-1+ to MSNW Trust Certificate Series 14100

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

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

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

JCR Affirmed A/Stable Long-term Issuer Rating and J-1 Rating on CP for SKY Perfect JSAT Holdings

JCR Assigned AAA Rating to Bonds of Aichi Prefecture

JCR Assigned A Rating to Bonds of NICHIREI

JCR Assigned A Rating to Bonds of TonenGeneral Sekiyu

Oct. 15, 2014

[ Asset Securitization Products ]JCR Affirmed BBB on ABL of Godo Kaisha Namikikan (Senior Loan)

JCR Affirmed A/Stable Long-term Issuer Rating on FUKUYAMA TRANSPORTING

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

JCR Affirmed J-2 Rating on CP of Sojitz; Decrease in CP Maximum Amount

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

JCR Affirmed BBB-/Stable and J-2 on Taiyo Oil

Oct. 14, 2014

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

Oct. 10, 2014

[ Asset Securitization Products ] JCR Assigned BBB+ Rating to Godo Kaisha Residential One (Class B Loan)

JCR Affirmed A- Rating on Receivables against SoftBank Mobile Corporation assigned on December 4, 2009

JCR Affirmed A- Rating on Receivables against SoftBank Mobile Corporation assigned on December 28, 2009

JCR Affirmed A- Rating on Receivables against SoftBank Mobile Corporation assigned on March 31, 2010

JCR Affirmed BBB+ Rating on FUJI ELECTRIC; Revised Outlook from Stable to Positive

JCR Assigned Preliminary A Rating to Shelf Registration of SUMITOMO HEAVY INDUSTRIES

JCR Assigned Preliminary A Rating to Shelf Registration of TonenGeneral Sekiyu

JCR Withdraws J-1+ Rating on CP of Hitachi Capital NBL

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

Oct. 09, 2014

JCR Assigned A- Rating to Bonds of Central Glass

JCR Assigned AA- Rating to Bonds of Kyushu Electric Power

JCR Assigned BBB+ Rating to Bonds of Kintetsu Corporation

Oct. 08, 2014

JCB Assigned AA- Rating to Bonds of JCB

JCR Affirmed A-/Stable Long-term Issuer Rating, A- on Bonds, Preliminary A- on Shelf Reg. and J-1 on CP for JACCS

JCR Affirmed A+/Stable Long-term Issuer Rating on Nissen Holdings

JCR Assigned BBB-/Stable Long-term Issuer Rating, J-2 Short-term Issuer Rating and J-2 Rating to CP of Financial Products Group

Oct. 07, 2014

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

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

JCR Affirmed A- and J-1 on Kobelco Construction Machinery; Revised Outlook from Stable to Positive

JCR's Opinion on Comprehensive Alliance between TEPCO and Chubu Electric Power for Fuel Procurement and Power Generation

Oct. 06, 2014

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

JCR Upgraded Rating on NIPPON STEEL & SUMIKIN TEXENG. from A-/Stable to A/Stable; Affirmed J-1 on CP

JCR Affirmed A-/Stable Long-term Issuer Rating and J-1 Short-term Issuer Rating on Kansai Urban Banking

JCR Affirmed A/Stable Long-term Issuer Rating and A- Rating on Subordinated Loan of MINATO BANK

JCR Withdraws A+ FC Long-term Issuer Rating on Kookmin Bank

JCR Affirmed AA/Stable Long-term Issuer Rating, AA on Bonds and Preliminary AA on Shelf Reg. for ASAHI KASEI

Oct. 03, 2014

JCR Assigned Preliminary AA- Rating to Shelf Registration of Tohoku Electric Power

JCR Affirmed AA-/Stable Long-term Issuer Rating, AA- Rating on Bonds, AA- Rating on MTN Programme, Preliminary AA- Rating on Shelf Registration and J-1+ Rating on CP of Mitsubishi UFJ Lease & Finance

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

JCR Assigned AA Rating to Bonds of Chugoku Electric Power

JCR Assigned AAA Rating to Bonds of DBJ

JCR Assigned AA+ Rating to Bonds of NTT FINANCE

Oct. 02, 2014

JCR Affirmed A-/Stable Long-term Issuer Rating and A- Rating on Bonds of SMBC Consumer Finance

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 ACOM

JCR Affirmed BBB-/Negative, BBB- and J-2 on Nippon Sheet Glass

JCR Assigned Preliminary AA Rating to Shelf Registration of Chubu Electric Power

JCR Affirmed A/Stable Long-term Issuer Rating on Yodogawa Christian Hospital

JCR Assigned AAA Rating to Bonds of Aichi Prefecture

Oct. 01, 2014

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 NICHIREI

JCR Affirmed A/Stable Long-term Issuer Rating and A Rating on Bonds of MITSUI-SOKO HOLDINGS

JCR Affirmed BBB+ Rating on EMTN of Tokai Tokyo Financial Holdings; Increase in Maximum Amount of Program

JCR Affirmed A/Stable Long-term Issuer Rating and A Rating on Bonds for NIFCO INC.

JCR Assigned BBB+/Stable Long-term Issuer Rating to Tokyo TY Financial Group
JCR Affirmed BBB+/Stable Long-term Issuer Rating and BBB on Subordinated Bonds for Tokyo Tomin Bank
JCR Affirmed BBB+/Stable Long-term Issuer Rating on Yachiyo Bank

JCR Affirmed AA-/Stable Long-term Issuer Rating and J-1+ Rating on CP of Mitsubishi UFJ NICOS

JCR Upgraded Long-term Issuer Rating on NIDEC from A+/Positive to AA-/Stable, Bond Rating from A+ to AA- and CP Rating from J-1 to J-1+

Sep. 30, 2014

[ Asset Securitization Products ] JCR Assigned J-1 to Nohara Bills Receivable ABL14-09

[ Asset Securitization Products ] JCR Assigned J-1+ to Hokuriku Bank H Corporation Bills Receivable ABL14-09

[ Asset Securitization Products ] JCR Assigned J-1+ to Teral Bills Receivable ABL14-09

[ Asset Securitization Products ] JCR Assigned J-1 to Toda Kogyo Bills Receivable ABL14-09

JCR Upgraded Rating on Class C Specified Bonds and Affirmed Rating on Class A2-1, A2-2, B and D Specified Bonds of Trust Maison Two TMK

[ Asset Securitization Products ] JCR Upgraded Rating on Class C Specified Bonds and Affirmed Rating on Class A2-1, A2-2, B and D Specified Bonds of Trust Maison Two TMK

JCR Assigned BBB Rating to Subordinated Loan of Nisshin Steel

JCR's Rating Review of Blast Furnace Steel Manufacturers

JCR Assigned Preliminary A- Rating to Shelf Registration of HASEKO Corporation

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

JCR Withdraws J-1 Rating on CP of DAIKYO

JCR Affirmed A/Stable and J-1 on GUNZE

JCR Affirmed J-2 Rating on CP of TSUBAKIMOTO KOGYO

Sep. 29, 2014

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

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL14-09