News Release

Jul. 08, 2013

JCR Affirmed A/Stable Long-term Issuer Rating and A- Rating on Sub. Bonds of Fukui Bank

JCR Assigned Preliminary A+ Rating to Shelf Reg. of Marubeni

JCR Assigned Preliminary AA+ Rating to Shelf Reg. of Electric Power Development

JCR's Opinion on Nissen's Downward Earnings Forecast Revision

JCR Assigned BBB+ to Bonds of Asahi Printing; Affirmed BBB+/Stable Rating

Jul. 05, 2013

JCR Assigned AA- Rating to Bonds of Odakyu Electric Railway

JCR Assigned AA- Rating to Bonds of Ricoh Leasing

Jul. 04, 2013

JCR Affirmed BBB/Stable Long-term Issuer Rating on Hosokawa Micron

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

Jul. 03, 2013

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

JCR Upgraded Rating on Toyo Tire & Rubber from BBB+/Positive to A-/Stable

JCR Affirmed AA/Stable and J-1+ Rating on Bridgestone

JCR Affirmed A+/Stable, A+, Pre. A+ and J-1 on Sumitomo Rubber Industries

JCR's Rating Review of Tire Manufacturers

JCR Assigned AA-/Stable Long-term Issuer Rating and AA- Rating to Bonds of Japan Excellent, Inc.

JCR's Opinion on Suntory Beverage & Food's Listing

JCR's Opinion on BTMU's Acquisition of Bank of Ayudhya Public Company

Jul. 02, 2013

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

JCR Assigned Preliminary A Rating to Shelf Reg. of Acom

JCR Assigned AAA Rating to Bonds of Aichi Prefecture

JCR Affirmed BBB+/Stable Rating on Seibu Holdings

JCR Affirmed AA-p/Stable Long-term Issuer Rating on Hitachi

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

JCR Assigned Preliminary BBB Rating to Shelf Registration of Hikari Tsushin

Jul. 01, 2013

JCR Affirmed AAA Ratings on IBRD

JCR Assigned Pre. A- to Shelf Reg. of NEC Capital Solutions; Affirmed A-/Stable, A- and J-1 Rating

JCR's Rating for Mizuho Bank

JCR Assigned Preliminary A- Rating to Subordinated Bonds of SBI Sumishin Net Bank

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

JCR Assigned A- Rating to Bonds of Yokohama Reito

Jun. 28, 2013

[ Asset Securitization Products ] JCR Assigned J-1+ to Teral Bills Receivable ABL13-06

[ Asset Securitization Products ] JCR Assigned J-1 to Molten Bills Receivable ABL13-06

[ Asset Securitization Products ] JCR Assigned J-1 to Nohara Bills Receivable ABL13-06

[ Asset Securitization Products ] JCR Assigned J-1 to Hayakawa Rubber Bills Receivable ABL13-06

JCR's Opinion on LIXIL's Acquisition of ASD Americas Holding

JCR Withdraws J-2 Rating on CP of Asax

JCR Assigned BBB+ Preliminary Ratings to Notes of Export-Import Bank of India

Jun. 27, 2013

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL13-06

JCR Affirmed BBB+/Stable Long-term Issuer Rating on Senshu Ikeda Bank

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

Jun. 26, 2013

JCR Affirmed AA- Rating on Commitment Line for PASMO

[ Asset Securitization Products ] JCR Assigned J-1 to Hyakugo Bank B Corporation Bills Receivable ABL13-06

JCR Affirmed A-/Stable Rating on Yokohama Reito

Jun. 25, 2013

[ Asset Securitization Products ]JCR Assigned J-1+ to MSNW Trust Certificate Series 13060

[ Asset Securitization Products ] JCR Assigned J-1 to Kimura Bills Receivable ABL13-06

JCR Downgraded Rating on AvanStrate from BBB- to #BB+[Negative]; Placed Rating under Credit Monitor

JCR Affirmed A-/Stable, A-, Preliminary A-, and BBB on Mori Building

JCR Assigned BBB Rating to Preferred Stock of Mori Building

Highlights of Warehouse Companies' Financial Results for Fiscal Year Ended March 31, 2013

Jun. 24, 2013

[ Asset Securitization Products ] JCR Assigned J-3 to Monthly Clear Card Shopping Receivable ABL13-06

Highlights of Major Information Service Providers' Financial Results for Fiscal Year Ended March 31, 2013

JCR Withdraws BBB/Stable Long-term Issuer Rating on GEO HOLDINGS

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

Jun. 21, 2013

[ Asset Securitization Products ] JCR Assigned Pre. J-1 to Hyakugo Bank B Corporation Bills Receivable ABL13-06

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

JCR Assigned A- Rating to Subordinated Loan of Toho Bank

Highlights of Private Railway Companies' Financial Results for Fiscal Year Ended March 31, 2013

Jun. 20, 2013

[ Asset Securitization Products ] JCR Assigned Pre. J-1 to Aso Shoji Bills Receivable ABL13-06

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

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL13-06 (Asahikawa Sanai HP)

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL13-06 (C Hospital)

JCR Affirmed BBB+/Stable Rating on Chubushiryo

JCR Affirmed A/Stable Long-term Issuer Rating on OSG Corporation

JCR's Opinion on GS Yuasa's Tie-up for Next-generation Lithium-ion Batteries

Jun. 19, 2013

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL13-06 (F Hospital)

JCR Affirmed BBB+ Rating on Japan Medical Alliance; Revised Outlook to Positive

JCR Assigned A Rating to Bonds of TonenGeneral Sekiyu

Jun. 18, 2013

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL13-06

[ Asset Securitization Products ] JCR Assigned Preliminary J-1+ to MSNW Trust Certificate Series 13060

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Fees Receivable ABL13-06 (D Hospital)

JCR Assigned BBB+ Rating on Program of ICICI Bank

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

JCR Affirmed A+/Stable and A+ Rating on Meiji Co.

Jun. 17, 2013

JCR's Rating Review of Money Market Brokers

JCR Affirmed BBB/Stable Rating on Sintokogio

JCR Affirmed A/Stable and A- on Hokuetsu Bank

Jun. 14, 2013

JCR Affirmed A+ Rating on Bonds of SCB Securitization Company

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

JCR Affirmed A/Stable Rating on Seibu Shinkin Bank

JCR Assigned BBB Rating to Subordinated Bonds of Saikyo Bank

JCR Assigned A+ Rating to Bonds of Marubeni

JCR Assigned AAA Rating to Bonds of Aichi Prefecture

JCR Affirmed BBB+ and J-2 on Maruetsu; Revised Outlook to Negative

JCR Assigned AA Rating to Bonds of Kansai Electric Power

Highlights of Major Real Estate Companies' Financial Results for Fiscal Year Ended March 31, 2013

Jun. 13, 2013

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

JCR Assigned A Rating to Bonds of Taisei Corporation

JCR Affirmed AA/Stable Rating on Shinkin Central Bank

JCR Affirmed A/Stable Rating on Shinkin Guarantee Fund

JCR Assigned A- Rating to Bonds of Jaccs

Jun. 12, 2013

Highlights of Dispensing Pharmacies' Financial Results for FY Ended March 31, 2013

JCR Affirmed BBB+/Stable and BBB+ Rating on Nagatanien

JCR Assigned AA- Rating to Bonds of Nomura Holdings

JCR Affirmed AAA/AAA (FC/LC) Long-Term Issuer Ratings on USA

Jun. 11, 2013

Highlights of Flour Milling Companies' Financial Results for Fiscal Year Ended March 31, 2013

JCR's Opinion on Partial Changes in Sprint Acquisition by Softbank

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

JCR Assigned Preliminary A+ Rating to Shelf Reg. of THK

JCR Upgraded Rating on Fuji Fire and Marine Insurance from A/Stable to A+/Stable
JCR Upgraded Rating on AIG Fuji Life Insurance from A/Stable to A+/Stable

Jun. 10, 2013

Highlights of General Trading Companies' Financial Results for Fiscal Year Ended March 31, 2013