News Release

Jul. 06, 2023

JCR Affirmed A+ Long-term Issuer Rating on MORI BUILDING; Revised Outlook to Positive

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

JCR Assigned A+ Rating to Bonds of SUMITOMO CHEMICAL

JCR Assigned AA- Rating to Bonds of SoftBank

JCR Assigned AA Rating to Bonds of Tohoku Electric Power

JCR Affirmed AA on SPIRE SA Series 2022-41

Jul. 05, 2023

JCR Affirmed A-/Stable Long-term Issuer Rating on African Export-Import Bank

JCR Assigned Preliminary AA- Rating to Shelf Registration of ENEOS HD

JCR Assigned AA- to Ganymede Limited Series 2023-61

Jul. 04, 2023

JCR Upgraded Long-term Issuer Rating on Suntory HD to AA/Stable; Affirmed J-1+ on CP

JCR Upgraded Long-term Issuer Rating on Suntory Beverage & Food to AA/Stable; Affirmed J-1+ on CP

JCR Affirmed A-/Stable and J-1 on SINANEN HD

JCR Affirmed A-/Stable Long-term Issuer Rating on Makino Milling Machine

JCR Affirmed AA-/Stable Long-term Issuer Rating on Daiwa Residential Private Investment Corporation

JCR Assigned A+ Rating to Bonds of Mitsui O.S.K. Lines

JCR Assigned AA Rating to Bonds of Nomura Real Estate Master Fund

JCR Assigned Preliminary A Rating to Bonds of KYUSHU LEASING SERVICE

Jul. 03, 2023

JCR Affirmed AAA/Stable and J-1+ on NTT DATA GROUP

JCR's Rating Review of 4 Expressway Companies

JCR Affirmed AA-/Stable Long-term Issuer Rating on Hankyu Hanshin REIT

JCR Assigned Preliminary A- Rating to Shelf Registration of COSMO ENERGY HD

JCR Assigned Preliminary AA-, A+ and A- Rating to Shelf Registration of Mitsubishi UFJ Financial Group

JCR Assigned Preliminary A+ Rating to Shelf Registration of JA MITSUI LEASING

Jun. 30, 2023

JCR Upgraded Long-term Issuer Rating on AIR WATER to AA-/Stable

JCR Upgraded Long-term Issuer Rating on GEO HD to A-/Stable

JCR Upgraded Long-term Issuer Rating on JINUSHI PRIVATE REIT to A+/Stable

JCR Affirmed A- Long-term Issuer Rating on HOKUTO; Revised Outlook to Negative

JCR Affirmed A+/Stable and J-1 on Daicel

JCR Affirmed AAA/Stable Long-term Issuer Rating on Central Japan Railway

JCR Affirmed AA-/Stable (FC) and AA/Stable (LC) on Czech Republic

JCR Assigned AA- Rating to Bonds of Kenedix

JCR Assigned A Rating to Bonds of Tokyo Tatemono

JCR Assigned AA- Rating to Bonds of ESR Group

JCR Assigned A+ Rating to Bonds of ACOM

[ Asset Securitization Products ] JCR Assigned J-1+ to Hokuriku Bank A Corporation Bills & Electronically Recorded Receivables ABL 23-06

JCR Assigned AA- to Securitization of Leases Receivable from SB 202306

JCR Assigned AA- to Securitization of Loans Receivable from SB 202306

JCR Withdraws A- Long-term Issuer Rating on Shinsei Securities

JCR Assigned SU1(F) and Blue 1(F) to Sustainability Finance Framework by Chiba City

JCR Assigned Blue 1 to Blue Loan Borrowed by Marubeni Nisshin Feed

JCR Reviewed Green Finance Framework of Canadian Solar Infrastructure Fund

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by Shizuoka Bank to Hamamatsu Gyorui

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to APPEX

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to ASH WINDER ARENA

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to TAKADA OUKAN SEISAKUSHO

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Senshu Ikeda Bank to Hamada Kagaku

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Yamanashi Chuo Bank to Crossfor

Jun. 29, 2023

JCR Upgraded Long-term Issuer Rating on Tokyo Century to AA/Stable; Affirmed J-1+ on CP
JCR Upgraded Long-term Issuer Rating on NIPPON CAR SOLUTIONS to AA/Stable; Affirmed J-1+ on CP
JCR Upgraded Rating on CP of Orico Auto Leasing to J-1+
JCR Upgraded Long-term Issuer Rating on FLCS to AA/Stable; Affirmed J-1+ on CP
JCR Upgraded Rating on IHI Finance Support to AA-/Stable and J-1+

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

JCR Affirmed A/Stable Long-term Issuer Rating on Takara Leben Real Estate Investment Corporation

JCR Assigned A+ Rating to Bonds of Mizuho Financial Group

[ Asset Securitization Products ] JCR Assigned J-1 to BANK OF FUKUOKA C Corporation Bills & Electronically Recorded Receivable ABL 23-06

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Receivable ABL 23-06 (D Hospital)

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL 23-06

Jun. 28, 2023

JCR Assigned AA-/Stable Long-term Issuer Rating to DL Life Partner REIT

JCR's Rating Review of Major Non-Life Insurance Groups

JCR Affirmed AAA/Stable Long-term Issuer Rating on Tokio Marine HD
JCR Affirmed AAA/Stable and J-1+ on Tokio Marine & Nichido Fire Insurance

JCR Affirmed AA+/Stable Long-term Issuer Rating on Sompo HD
JCR Affirmed AA+/Stable and J-1+ on Sompo Japan Insurance

JCR Upgraded Long-term Issuer Rating on MS&AD Insurance Group HD to AA+/Stable
JCR Affirmed AA+/Stable and J-1+ on Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance

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

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

JCR Assigned A Rating to Bonds of AEON Financial Service

JCR Assigned BBB to Azusa Limited Series 504

Jun. 27, 2023

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

JCR Assigned Green 1 to the commitment line by Toranomon 1-chome East Area Urban Redevelopment Association

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Yamanashi Chuo Bank to SAWA

Jun. 26, 2023

JCR Upgraded Rating on AEON REIT Investment Corporation to AA/Stable

JCR Affirmed AA+ Long-term Issuer Rating on Shoko Chukin Bank; Revised Outlook to Negative

JCR Affirmed AA/Stable Long-term Issuer Rating on ORIX JREIT

JCR Assigned Preliminary AA- Rating to Bonds of ESR Group

JCR Affirmed AAA/Stable (FC/LC) on United States of America

Highlights of General Trading Companies' Financial Results for Fiscal Year Ended March 2023

JCR Assigned Preliminary BBB to Clean Energy Connect Non-FIT Virtual PPA Low-voltage Solar Power Plant Green Project Bond Trust Trust ABL

Jun. 23, 2023

JCR Affirmed J-2 Rating on CP of KYOKUYO

[ Asset Securitization Products ] JCR Removed Credit Monitor; Downgraded Securitization of Leases Receivable 202108, 202201A, 202201 and 202207 to A-

[ Asset Securitization Products ] JCR Removed Credit Monitor; Downgraded Securitization of Leases Receivable 202110 to A-

[ Asset Securitization Products ] JCR Removed Credit Monitor; Downgraded Securitization of Leases Receivable 202201 to A-

[ Asset Securitization Products ] JCR Removed Credit Monitor; Downgraded Securitization of Leases Receivable 202204 to A-

[ Asset Securitization Products ] JCR Removed Credit Monitor; Downgraded Securitization of Leases Receivable 202207 to A-

JCR Affirmed A on Daiwa Green Finance Program Beneficial Interest and Trust ABL (Iwamizawa and Kushiro Solar Power Plants)

JCR Removed Credit Monitor; Downgraded Ganymede Limited Series 2021-148 to A-

JCR Affirmed BBB on Daiwa Green Finance Program Beneficial Interest and Trust ABL (Kumamoto Kikuchi Solar Power Plant)

Jun. 22, 2023

JCR Affirmed AA/Stable Long-term Issuer Rating on Tokyo Waterfront Area Rapid Transit

JCR Assigned AA Rating to Bonds of Electricite de France

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL 23-06

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by THE SHIMIZU BANK to Shimizu reito

Jun. 21, 2023

JCR Removed Credit Monitor; Downgraded Rating on Rakuten Group to A-; Placed Negative Outlook

JCR Removed Credit Monitor; Downgraded Rating on Rakuten Group's FinTech Subsidiaries to A-; Placed Negative Outlook

JCR Affirmed AA/Stable Long-term Issuer Rating on MORI HILLS REIT INVESTMENT CORPORATION

JCR Assigned Preliminary AA Rating to Bonds of Electricite de France

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 23-06

Highlights of General Heavy Machinery Manufacturers' Financial Results for Fiscal Year 2022

Jun. 20, 2023

JCR Assigned A-/Stable FC Long-term Issuer Rating and Preliminary AA Rating (guaranteed) to Korea Investment & Securities

JCR Assigned Preliminary A+ Rating to Shelf Registration of YOKOHAMA MINATOMIRAI RAILWAY

JCR Affirmed AA/Stable Long-term Issuer Rating on Japan Logistics Fund

[ Asset Securitization Products ] JCR Placed REIT2021-001 Class B Beneficial Interest and ABL under CM #AA-/Positive; affirmed AAA on Class A Beneficial Interest

JCR Assigned A to Ganymede Limited Series 2023-83

Highlights of Supermarket Chain Operators' Financial Results for Fiscal Year Ended February/March 2023

Jun. 19, 2023

JCR Provided a Third Party Opinion to Positive Impact Assessment Provided by Sumitomo Mitsui Trust Bank to RICOH

Jun. 16, 2023

JCR Affirmed AA-/Stable Long-term Issuer Rating on HEIWA REAL ESTATE REIT