News Release

Apr. 18, 2011

Assigned J-1 to Medical Fees Receivable ABL11-04 (E Hospital)

Assigned J-1 to Medical Fees Receivable ABL11-04 (Kyowakai)

Assigned J-1 to Dispensing Fees Receivable ABL11-04 (sun-kur)

Affirmed A+/Stable and J-1 rating on THK

Apr. 15, 2011

Assigned J-1 to Medical Fees Receivable ABL11-04 (K Hospital)

Affirmed CCC/Negative and CCC on Aiful

Assigned AAA rating to bonds of Aichi Prefecture

Assigned AA- rating to bonds of SMBC

Assigned AA- rating to bonds of Mitsubishi UFJ Lease & Finance

Affirmed BBB-/Stable rating on senior debts of Showa Aircraft

Apr. 14, 2011

Assigned J-1+ to Takeda Gen. Hospital Beneficial Interest 11-04

Assigned A rating to bonds of Orix Corporation

Assigned AA- rating to bonds of Mizuho Corporate Bank

Affirmed A/Stable rating on J.F.Oberlin University

Apr. 13, 2011

Assigned pre. J-1+ to Bills Receivable Ben. Int. 11-04 (A Corp.)

Assigned Pre. J-1 to Kurashiki Medical Center Ben. Int. 11-04

Assigned A+ rating to bonds of Aeon Credit Service

Affirmed BBB/Stable rating on senior debts of San Holdings

Apr. 12, 2011

Assigned J-1 to Medical Fees Receivable ABL11-04 (B Hospital)

Assigned preliminary A- rating to shelf reg. of DIC

Assigned AA rating to bonds of Tokyo-Mitsubishi UFJ

Assigned AA- rating to bonds of Nomura Holdings

Affirmed A-/Stable and J-1 on Osaka Securities Finance

Withdraws A rating on sr.debts of Aichi Steel

Apr. 08, 2011

Revised rating on WBBL secured senior loan from BBB to BBB+

Assigned AAA rating to bonds of Development Bank of Japan

Apr. 07, 2011

Affirmed A/Stable, A- and preliminary A on Miyazaki Bank

Assigned J-2 rating to CP of KYOKUYO

Affirmed AA/Stable and AA on Nitto Denko

Affirmed A-/Stable, BBB+ and preliminary A- on Minato Bank

Affirmed A/Stable, A, preliminary A and J-1 on Acom

Placed the ratings on Portugal under Credit Monitor with negative

Apr. 06, 2011

Withdraws BB+/Stable rating on sr.debts of Takeei

Apr. 05, 2011

JCR Affirmed A/Stable Ratings on Hokuhoku Financial Group
JCR Affirmed A/Stable Ratings on Hokuriku Bank
JCR Affirmed A/Stable Ratings on Hokkaido Bank

Withdraws BBB/Stable rating on Hochiki

Affirmed J-1 rating on CP of Tokyo Associates Finance

Apr. 04, 2011

Withdraws BBB+/Stable and J-2 rating on UD Trucks

Assigned preliminary BBB+ rating to shelf reg. of Mazda Motor

Withdraws pre. BBB+ rating on shelf of Mazda Motor

Affirms AAA Rating on Asian Development Bank; Outlook Stable

Affirms BBB+ Rating of Hanwha Chemical Corporation; Outlook Stable

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

Assigned A- rating to bonds of Nippon Thompson

Apr. 01, 2011

Affirmed A+/Stable and J-1 on Meiji Holdings

Affirmed Ap/Stable on senior debts of Toyo Ink SC Holdings

Affirmed BBB-/Stable rating on senior debts of Akanekai

Withdraws A+/Stable rating on sr. debts of Meiji Seika Pharma

Affirmed A+/Stable and A+ on Meiji

Assigned pre.AA- and A+ to shelf of Sumitomo Trust and Banking; Withdrew pre.AA-and A+

Revised Rating from #AAA to #AA; Maintains CM Negative on Tokyo Electric Power Company

Mar. 31, 2011

Assigned J-1 to Nohara Bills Receivable ABL11-03

Assigned J-1+ to Teral Bills Receivable ABL11-03

Assigned J-1 to Toda Kogyo Bills Receivable ABL11-03

Assigned J-1 to Molten Bills Receivable ABL11-03

Affirmed AA-/Stable, AA-, pre.AA- & J-1+ on Mitsubishi UFJ Lease & Finance

Assigned preliminary A rating to shelf reg. of Nisshin Steel

Withdraws J-1+ rating on CP of Japan Finance Corporation

Affirms BBB+/A-(FC/LC) on Hungary and National Bank of Hungary; Outlook Negative

Affirms BBB+/A-(FC/LC) on Hungary and National Bank of Hungary; Outlook Negative

Affirmed J-1 on CP of MMC Diamond Finance

Mar. 30, 2011

Affirmed BBB+/Stable rating on senior debts of Iino Kaiun

Assigned preliminary AA- rating to shelf reg. of Mitsui O.S.K.

Affirmed A/Stable, A, pre. A and J-1 on Sumitomo Heavy Industries

Affirmed BBB/Stable and BBB rating on Hosokawa Micron

Affirmed BBB/Stable rating on senior debts of Sintokogio

Affirmed A- rating on AEON Thana Sinsap; Revised outlook to Sta.

Affirms AA ratings on Italy; Outlook Stable

Mar. 29, 2011

Assigned J-1+ to A&D Bills Receivable Beneficial Int. 11-03

Assigned J-1 to Medical Fees Receivable ABL11-03-2 (D Hospital)

Assigned J-1 to Hyakugo Bank B Co. Bills Receivable ABL11-03

Revises Rating Outlook of PTTEP to Stable

Revises Rating Outlook of Thailand to Stable

Affirms AAAp Rating on EBRD; Outlook Stable

Affirmed AA/Stable on sr.debts of Kokugakuin University

Affirmed A-/Stable and J-1 on sr.debts and CP of Idemitsu Credit

Revises Rating Outlook of PTT to Stable

Mar. 28, 2011

Affirmed BBB+/Stable on senior debts of Japan Medical Alliance

Affirms AA+ Ratings on Hong Kong; Outlook Stable

Mar. 25, 2011

Assigned J-1 to Kimura Bills Receivable ABL11-03

Assigned J-1+ and J-2 to C Corporation Bills Receivable ABL11-03

Assigned J-1 rating to Aso Shoji Bills Receivable ABL11-03

Assigned J-1+ to MSNW Trust Certificate Series 11030

Affirmed BBB+/Stable rating on senior debts of Chuo Warehouse

Affirmed A-/Negative, A-, pre. A- and J-1 on Promise

Affirmed BBB+/Stable rating on senior debts of Yasuda Warehouse

Mar. 24, 2011

Assigned J-1+ to Chudai Jitugyo Bills Receivable ABL11-03

Assigned pre.J-1 to Hyakugo Bank B Corporation Bills Receivable ABL11-03

Assigned preliminary BBB rating to shelf reg. of Nihon Chouzai

Affirmed BBB/Stable and J-2 on Daiei Real Estate & Development

Assigned pre. AAA to shelf reg. of Japan Finance Corporation

Affirmed A-/Stable and J-1 on Parco

Mar. 23, 2011

Assigned J-1 to dispensing fees ABL11-03 (Nanba Pharmacy)

Assigned J-1 to Medical Fees Receivable ABL11-03 (M Hospital)

Assigned J-1 to Medical Fees Receivable ABL11-03 (C Hospital)

Assigned J-1 to Medical Fees Receivable ABL11-03 (J Hospital)

Affirmed A/Stable and J-1 on Mitsumi Electric

Affirmed A-/Stable, BBB, J-1 on Mori Building; Assigned pre. A-

Affirmed A-/Stable on sr. debts of Hiroshimashi Credit Cooperative.

Mar. 22, 2011

Assigned J-3 to Monthly Clear Card Shopping Receivable ABL11-03

Assigned J-1 to Medical Fees Receivable ABL11-03 (Asahikawa Sanai Hospital)