News Release

Sep. 29, 2014

JCR Affirmed BBB+/Positive Long-term Issuer Rating on Japan Medical Alliance

JCR Assigned Preliminary A- Rating to Shelf Registration of Shikoku Bank

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

JCR Affirmed AA/Stable Long-term Issuer Rating and Preliminary AA Rating on Shelf Registration of Bank of Yokohama

JCR Affirmed AA-/Stable Long-term Issuer Rating, AA- Rating on Bonds and A+ Rating on Subordinated Bonds of Awa Bank

Sep. 26, 2014

JCR Upgraded Rating on United Urban Investment Corporation from AA-/Positive and AA- to AA/Stable and AA

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 SUMITOMO CHEMICAL

Sep. 25, 2014

[ Asset Securitization Products ] JCR Assigned J-1+ to Saitama Resona Bank A Corporation Bills Receivable Senior Beneficial Interest 14-09

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

[ Asset Securitization Products ] JCR Assigned J-1+ and J-2 to Hokuriku Bank C Corporation Bills Receivable ABL14-09

[ Asset Securitization Products ]JCR Assigned J-1 to Hyakugo Bank B Corporation Bills Receivable ABL14-09

[ Asset Securitization Products ]JCR Assigned J-1+ to MSNW Trust Certificate Series 14090

JCR Assigned Preliminary A Rating to Shelf Registration of Fuyo General Lease

JCR Affirmed A- Long-term Issuer Rating on IHI; Revised Outlook from Stable to Positive

JCR Upgraded Rating on CP of Yanmar Holdings from J-2 to J-1

Sep. 24, 2014

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL14-09 (D Hospital)

[ Asset Securitization Products ] JCR Assigned J-3 to Monthly Clear Card Shopping Receivable ABL 14-09

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

Sep. 22, 2014

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

JCR Affirmed #A-[Negative] on Long-term Issuer Rating, #A-[Negative] on Bonds and #J-1[Negative] on CP for Japan Atomic Power; Maintains CM

JCR Affirmed AA+/Negative Long-term Issuer Rating, AA+ on Bonds, Preliminary AA+ on Shelf Reg. for Electric Power Development

JCR Affirmed A+/Stable Long-term Issuer Rating and J-1 Rating on CP of Cedyna Financial

Sep. 19, 2014

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

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL14-09

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Hyakugo Bank B Corporation Bills Receivable ABL14-09

JCR Assigned A Rating to Bonds of ACOM

JCR Affirmed BBB+/Negative, BBB+ and Preliminary BBB+ on Kintetsu Corporation

Sep. 18, 2014

JCR Assigned J-1 to Medical Fees Receivable ABL14-09 (F Hospital)

JCR Affirmed AA/Stable Long-term Issuer Rating and AA/Stable Rating on Ability to Pay Insurance Claims of Sony Life Insurance

JCR Assigned A-/Stable Long-term Issuer Rating to H.I.S.

JCR Assigned AAA Rating to Bonds of Aichi Prefecture

Sep. 17, 2014

JCR's Opinion on PIONEER's New Business Strategies, Etc.

JCR Assigned J-2 Rating to CP of TOKAI Holdings

JCR Assigned Preliminary A- Rating to Shelf Registration of Rakuten

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

JCR Placed Rating on SONY under Credit Monitor #A[Negative]

Sep. 16, 2014

Series 74

Series 76

Series 78

Series 62

Series 71

Series 61

JCR Affirmed J-1+ Rating on ABCP Program of Godo Kaisha GK 48

JCR Affirmed J-1+ Rating on ABCP Program of Vector Asset Funding Corporation

JCR Affirmed J-1+ Rating on ABCP Program of Godo Kaisha Alimone

JCR Affirmed J-1+ Rating on ABCP Program of Nexus Asset Funding Corporation

[ Asset Securitization Products ]JCR Assigned Preliminary J-1+ to MSNW Trust Certificate Series 14090

JCR Assigned Preliminary A- Rating to Shelf Registration of Central Glass

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

JCR Affirmed J-2 Rating on CP of SHOKO

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

Sep. 12, 2014

JCR Assigned AA- Rating to Bonds of Kansai Electric Power

JCR Assigned BBB+/Stable Long-term Issuer Rating to Social Welfare Corporation Southern TOHOKU Social Welfare Foundation

JCR's Rating Review of Major Banks

JCR Assigned A+ Rating to Bonds of Marubeni

JCR Affirmed BBB Long-term Issuer Rating on Kanamoto; Revised Outlook from Stable to Positive

JCR Assigned AA Rating to Bonds of Chubu Electric Power

JCR Assigned A Rating to Bonds of JA Mitsui Leasing

JCR Assigned AA- Rating to Bonds of JFE Holdings

JCR Affirmed AA-/Positive Long-term Issuer Rating, AA- Rating on EMTN, J-1+ Short-term Issuer Rating and J-1+ Rating on CP for Mizuho Securities
JCR Affirmed AA- Rating on EMTN of Mizuho International, Mizuho Securities USA

JCR Affirmed AA/Stable Long-term Issuer Rating on SMBC Nikko Securities

JCR Affirmed AA/Stable Long-term Issuer Rating and AA and AA- Ratings on EMTN for Mitsubishi UFJ Securities Holdings
JCR Affirmed AA/Stable Long-term Issuer Rating on Mitsubishi UFJ Morgan Stanley Securities

JCR Assigned A/Stable Long-term Issuer Rating and A Rating to Bonds for Topre

JCR Assigned BBB+ Rating to Bonds of HANWA

Sep. 11, 2014

JCR Assigned A- Rating to Bonds of ANA HOLDINGS

Sep. 10, 2014

[ Asset Securitization Products ] JCR Assigned Preliminary J-1+ to Saitama Resona Bank A Corporation Bills Receivable Senior Beneficial Interest 14-09

JCR Assigned Preliminary A+ Rating to Shelf Registration of AIR WATER

JCR Affirmed A/Stable Long-term Issuer Rating on NISHIMATSUYA CHAIN

JCR Affirmed A/Stable Long-term Issuer Rating and A- Rating on Subordinated Bonds of Hyakujushi Bank

JCR Affirmed AA/Stable Long-term Issuer Rating on Iyo Bank

JCR Assigned Preliminary AA+ Rating to Shelf Registration of NTT FINANCE

JCR Affirmed AA-/Stable Long-term Issuer Rating and AA- Rating on Bonds of KURARAY

JCR Affirmed AA-/Stable Long-term Issuer Rating and AA- Rating on Bonds of Japan Excellent

Sep. 09, 2014

JCR Affirmed J-1 Rating on CP of T&D Lease

JCR's Opinion on Rakuten's Acquisition of Ebates Shares

JCR Affirmed A/Stable Long-term Issuer Rating, A Rating on Bonds and Preliminary A Rating on Shelf Registration of Kawasaki Heavy Industries

JCR Assigned BBB Rating to Bonds of Daiei Real Estate & Development

Sep. 05, 2014

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

JCR Assigned AA- Rating to Bonds of Tohoku Electric Power

JCR Affirmed BBB+/Stable Long-term Issuer Rating, BBB+ Rating on Bonds and J-2 Rating on CP of AKEBONO BRAKE INDUSTRY

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

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

JCR Assigned AA Rating to Bonds of NEW KANSAI INTERNATIONAL AIRPORT

JCR Assigned AA- Rating to Bonds of Daiwa Office Investment Corporation

JCR Assigned AAA Rating to AfDB's Notes

JCR Assigned A+ Rating to Subordinated Bonds (with contractual point of non-viability loss absorption feature) of Sumitomo Mitsui Financial Group

JCR Assigned AA- Rating to Bonds of Kyushu Electric Power

JCR Affirmed AAA Ratings on IBRD

Sep. 04, 2014

JCR Affirmed BBB+/Stable Long-term Issuer Rating and BBB+ Rating on Bonds of ASAHI PRINTING

JCR Affirmed BBB-/Stable Long-term Issuer Rating on AIRTECH JAPAN

JCR Assigned AA- Rating to Bonds of Global One Real Estate Investment

JCR Assigned A+ Rating to Bonds of NSK

JCR Assigned BBB- to Bonds of Jimoto Holdings; Affirmed BBB-/Stable
JCR Affirmed BBB-/Stable Long-term Issuer Rating and BB+ on Subordinated Bonds of Kirayaka Bank
JCR Affirmed BBB-/Stable Long-term Issuer Rating on Sendai Bank

JCR Affirmed AA+ Ratings on EDF

JCR Assigned AA- Rating to Bonds of Hitachi Capital

Sep. 03, 2014

JCR Assigned A- Rating to Bonds of SAPPORO HOLDINGS

JCR Assigned AA Rating to Bonds of Urban Renaissance Agency

JCR Removed CM; Downgraded Rating on ZENSHO HOLDINGS from #BBB[Negative], #BBB[Negative] and Preliminary #BBB[Negative] to BBB- with Stable Outlook, BBB- and Preliminary BBB-; Affirmed J-2 Rating on CP

JCR Upgraded Long-term Issuer Rating on FURUKAWA from BBB-/Stable to BBB/Stable; Affirmed J-2 on CP

JCR Assigned A Rating to Bonds of Sumitomo Realty & Development