News Release

Nov. 26, 2010

Revised rating on Shinsei Bank from BBB+/Negative to BBB/Stable

Affirmed A on Euro Medium Term Note Programme of BOT Lease

Assigned AAA rating to bonds of Kyushu Electric Power Company

Affirmed BBB+ rating on Aozora Bank; Revised outlook to Stable

Affirmed BBB/Stable and J-2 on DYNAM

Upgrades Ratings on Renault to A-

Affirms BBB+ Rating on ICICI Bank; Outlook Stable

Nov. 25, 2010

Assigned J-1+ to MSNW Trust Certificate Series 10110

Assigned J-1+ and J-2 to C Corporation Bills Receivable ABL10-11

Affirmed A-/Stable and J-1 rating on Showa Sangyo

Affirmed A/Stable and J-1 rating on Nippon Flour Mills

Affirmed AA/Stable on senior debts of Nisshin Seifun Group

Assigned A+ rating to bonds of Konica Minolta Holdings

Nov. 24, 2010

Assigned J-1 to Medical Fees Receivable ABL10-11 (J Hospital)

Assigned preliminary A+ ratings to bonds of JX Holdings

Nov. 23, 2010

Assigned J-1 to Medical Fees Receivable ABL10-11 (C Hospital)

Nov. 22, 2010

Assigned pre. J-1 to Hyakugo Bank B Corporation. Bills Receivable ABL10-11

Assigned J-3 to Monthly Clear Card Shopping Receivable ABL 10-11

Assigned J-1 to Medical Fees Receivable ABL10-11 (Asahikawa Sanai Hospital)

Assigned J-1 to dispensing fees ABL10-11 (Nanba Pharmacy)

Assigned J-1 rating to CP program of Kureha Corporation

Affirmed BBB+/Stable on senior debts of Namura Shipbuilding

Affirmed BBB/Stable and J-2 on Sojitz Corporation

Nov. 19, 2010

Assigned J-1 to Medical Fees Receivable ABL10-11 (H Hospital)

Assigned J-3 to Narasaki Stax Accounts Receivable ABL10-11

Affirmed BBB/Stable rating on senior debts of Fukushima Bank

Affirmed J-1 rating on CP of UC Card

Assigned AA- rating to bonds of Sumitomo Metal Industries

Affirmed A/Stable rating on senior debts of Daiichikosho

Affirmed BBB/Stable rating on senior debts of Daito Bank

Assigned A+ rating to subordinated bonds of Nomura Holdings

Nov. 18, 2010

Assigned J-1 to Medical Fees Receivable ABL10-11 (Kyowakai)

Assigned pre. J-1 rating to Aso Shoji Bills Receivable ABL10-11

Assigned J-1 to Medical Fees Receivable ABL10-11 (L Hospital)

Assigned J-1 to Medical Fees Receivable ABL10-11 (F Hospital)

Assigned J-1 to Medical Fees Receivable ABL10-11 (I Hospital)

Assigned J-1 to Medical Fees Receivable ABL10-11 (G Hospital)

Affirmed A/Stable and J-1 on Sanwa Holdings

Assigned A rating to bonds of Orix Corporation

Assigned A- rating to subordinated bonds of Miyazaki Bank

Affirmed BBB/Stable rating on senior debts of Yamazawa

Assigned AAA rating to bonds of Kyushu Electric Power Company

Affirmed AA-/Stable on sr.debts of Sony Bank

Nov. 17, 2010

Assigned J-1 to Dispensing Fees Receivable ABL10-11 (sun-kur)

Assigned preliminary J-1+ to MSNW Trust Certificate Series 10110

Assigned J-1 to Kurashiki Medical Center Beneficial Int. 10-11

Affirmed A/Stable, preliminary A and J-1 on Takara Holdings

JCR Affirmed AA-/Stable and AA- on Mitsui O.S.K. Lines

Affirmed BBB/Stable rating on senior debts of Oenon Holdings

Affirmed A/Stable on senior debts of Square Enix Holdings

JCR Affirmed AA- on EMTN of Mitsui O.S.K. Lines
JCR Affirmed AA- on EMTN of Euromol

Revised rating on Joshin Denki from BBB/Positive to BBB+/Stable

Revised rating on Yamada Denki from A+/Positive to AA-/Stable

Nov. 16, 2010

Assigned J-1 to Medical Fees Receivable ABL10-11 (E Hospital)

Affirmed BBB- on Marubeni Construction Material Lease; Outlook Negative

Assigns A- Preliminary Ratings to Poland's JPY bonds

Assigned A-/Stable to Japan Rental Housing Investments

Nov. 15, 2010

Assigned J-1 to Medical Fees Receivable ABL10-11 (K Hospital)

Assigned J-1+ to Takeda Gen. Hospital Beneficial Interest 10-11

Affirmed BBB and J-2 on Nippon Light Metal; Outlook Stable

Nov. 12, 2010

Assigned pre. J-1+ to A&D Bills Receivable Beneficial Interest 10-11

Assigned pre.J-1 to Kurashiki Medical Center Beneficial Interest 10-11

Affirmed BBB+/Negative and BBB+ on Tonami Holdings

Assigns A Ratings to Hyundai Capital's Yen Bonds

Assigned AAA rating to bonds of Aichi Prefecture

Affirms AAA/AAA (FC/LC) Ratings on USA

Nov. 11, 2010

Assigned J-1 to Medical Fees Receivable ABL10-11 (B Hospital)

Assigned J-1+ to JUTEC Bills Receivable ABL10-11

Affirmed J-2 on CP of Fuji Electric Finance and Accounting Support

Affirmed BBB+/Stable, pre. BBB+ and J-2 on Fuji Electric Holdings

Affirmed A-/Stable, preliminary A- and J-1 on Tokyo Tatemono

Affirms AAA ratings on France: Outlook Stable

Affirms BBB+ (FC/LC) Ratings on Export-Import Bank of India; Outlook Stable

Nov. 09, 2010

Affirmed A/Stable rating on sr.debts of Nishimatsuya Chain

Affirmed BBB- on Sankyo-Tateyama HLD; Revised outlook to Stable

Assigned AA rating to bonds of Urban Renaissance Agency

Nov. 08, 2010

Affirmed A+/Stable rating on senior debts of JFE Shoji Holdings

Affirmed BBB+/Stable rating on senior debts of Fujikura Kasei

Affirmed A+/Stable and J-1 on sr.debts and CP of JFE Shoji Trade

Placed rating on CP of Japan Radio under Credit Monitor #J-2/Positive

Assigns A+ Rating to Hana Bank's Samurai Bonds

Nov. 05, 2010

Assigned AA- to subordinated bonds of The Bank of Tokyo-Mitsubishi UFJ

Nov. 04, 2010

Affirmed AA-/Stable, preliminary AA- and J-1+ on Sumitomo Mitsui Finance and Leasing

Affirmed A-/Stable on senior debts of Shizuoka Shinkin Bank

Affirmed J-1 rating on CP of MG Leasing Corporation

Assigned #A+/Negative rating to sub. bonds of Sumitomo Trust and Banking

Affirmed A-/Stable and J-1 on Konoike Transportation

Nov. 02, 2010

Withdraws BBB-/Stable rating on sr.debts of TOLI Corporation

Assigned pre. A rating to shelf reg. of Takata Corporation

Affirmed A+/Stable on senior debts of Hekikai Shinkin Bank

Affirmed A/Stable rating on Okazaki Shinkin Bank

Affirmed A- and BBB+ on Michinoku Bank; Outlook Stable

Affirmed A/Stable and A- on Aomori Bank

Revised rating on Amagasaki Shinkin Bank from A-/Positive to A/Stable

Assigned A- rating to sub.bonds of Chukyo Bank

Nov. 01, 2010

Affirmed J-2 rating on CP of Daiho Corporation

Revised rating outlook on NSK from Negative to Stable

Affirmed A+/Stable, preliminary A+ and J-1 on Tokyu Corporation

JCR Affirmed BBB+/Stable on Tobu Railway
JCR Affirmed BBB- on TR Preferred Capital

Affirmed AA-/Stable and J-1+ on Odakyu Electric Railway