News Release

Apr. 27, 2023: JCR Assigned A- Rating to Bonds of COSMO ENERGY HD; JCR Assigned AA- Rating to Bonds of Sumitomo Realty & Development; JCR Assigned A- to Ganymede Limited Series 2023-47; [ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Receivable ABL 23-04 (D Hospital); JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to CMD Holdings; JCR Provided a Third Party Opinion to Positive Impact Finance Provided by Mizuho Bank to Mitsui O.S.K. Lines; JCR Provided a Third Party Opinion to the Impact Deposit Framework of The Shoko Chukin Bank; JCR Removed Credit Monitor; Downgraded Rating on UNIZO HD to D

Apr. 26, 2023: JCR Affirmed AA-/Stable Long-term Issuer Rating on Kokushikan; JCR Affirmed A-/Stable and J-1 on SAPPORO HD; JCR Affirmed A/Stable Long-term Issuer Rating on NICHIAS; Change in CP Maximum Amount of Yokohama Rubber; Affirmed J-1; JCR Affirmed AA-/Stable and J-1+ on JAPAN SECURITIES FINANCE; JCR Affirmed AA-/Stable and J-1+ on JSF Trust and Banking; JCR Affirmed A/Stable Long-term Issuer Rating on Miyazaki Bank; JCR Affirmed AAA/Stable (FC/LC) on Australia; JCR Assigned AA+ Rating to Bonds of Mitsubishi Estate; JCR Assigned AA to Libra A Limited Series C014

Apr. 25, 2023: JCR Affirmed A+ and J-1 on Takashimaya; Revised Outlook to Stable; JCR Affirmed A-/Stable Long-term Issuer Rating on ARATA; JCR Affirmed AAAp/Stable and J-1+ on East Japan Railway; JCR Affirmed AA+p/Stable Long-term Issuer Rating on West Japan Railway; JCR Assigned A- Rating to Bonds of Nippon Paper Industries

Apr. 24, 2023: JCR Upgraded Long-term Issuer Rating on CRR to AA/Stable; JCR Affirmed AA+/Stable Long-term Issuer Rating on BRIDGESTONE; JCR Affirmed AA/Stable (FC/LC) on Spain; JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to minanowa

Apr. 21, 2023: JCR's Rating Review of City Gas Companies; JCR Affirmed BBB/Stable Long-term Issuer Rating on TOTTORI BANK; JCR Assigned AA+ Rating to Bonds of Sompo HD; JCR Assigned BBB+ Rating to Bonds of Cantor Fitzgerald; [ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 23-04; JCR Assigned Social 1 to Bonds of Sompo Holdings; JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to First Down; JCR Updated a Third Party Opinion to Positive Impact Finance Provided by MUFG Bank to Mitsubishi Electric

Apr. 20, 2023: JCR Assigned AA- Rating to Bonds of JERA; JCR Assigned AA- Rating to Subordinated Loan of Nippon Life Insurance; [ Asset Securitization Products ] JCR Downgraded Earls Four Limited Series 1075 to A-; [ Asset Securitization Products ] JCR Affirmed A- on Earls Four Limited Series 1076; JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to LOPS; JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to KEIHAN-KYUHO HD

Apr. 19, 2023: JCR Affirmed A/Stable Long-term Issuer Rating on KITZ; JCR Affirmed A+/Stable Long-term Issuer Rating on KONAMI GROUP; JCR Assigned A- Rating to Bonds (Tier 1 with loss absorption clause) of Sumitomo Mitsui Financial Group

Apr. 18, 2023: JCR Upgraded Long-term Issuer Rating on SECOM GENERAL INSURANCE to AA+/Stable; JCR Affirmed A- Long-term Issuer Rating on SENKO Group HD; Revised Outlook to Positive; JCR Affirmed AA-/Stable and J-1+ on Asahi Group HD; JCR Affirmed A+/Stable Long-term Issuer Rating on Keisei Electric Railway

Apr. 17, 2023: JCR Affirmed AA-/Stable Long-term Issuer Rating on Kenedix; JCR Affirmed AA-/Negative Long-term Issuer Rating on Coca-Cola Bottlers Japan HD; JCR Affirmed A+/Stable Long-term Issuer Rating on SUMITOMO HEAVY INDUSTRIES; [ Asset Securitization Products ] JCR Affirmed A on JETS International Five Limited Series 317

Apr. 14, 2023: JCR Removed Credit Monitor; Upgraded Rating on NIPPON STEEL TRADING to AA- and J-1+; Placed Stable Outlook; JCR Affirmed AA/Stable Long-term Issuer Rating on Gunma Bank; JCR Assigned BBB Rating to Subordinated Bonds of SoftBank Group; JCR Assigned A Rating to Bonds of DIC; JCR Assigned AAA Rating to Bonds of East Nippon Expressway; JCR Assigned AA+ Rating to Bonds of Kanagawa Prefectural Housing Supply Corporation; JCR Assigned BBB to BCPG Nagano Komagane Green Project Bond Trust Trust ABL; JCR Assigned Social 1(F) to Social Finance Framework of Japan Student Services Organization; JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to K’s Planning

Apr. 13, 2023: JCR Affirmed BBB+ Long-term Issuer Rating on IINO KAIUN; Revised Outlook to Positive; JCR Affirmed A- Long-term Issuer Rating on Shibusawa Warehouse; Revised Outlook to Positive; JCR Affirmed A-/Stable Long-term Issuer Rating on Nittetsu Mining; JCR Affirmed AA/Stable Long-term Issuer Rating on 77 Bank; JCR Affirmed A/Stable Long-term Issuer Rating on Nanto Bank; JCR Affirmed AA/Stable Long-term Issuer Rating on Central American Bank for Economic Integration; JCR Affirmed AA-/Stable Long-term Issuer Rating on LJPFGK; JCR Assigned A Rating to Bonds of TEPCO Power Grid; JCR Assigned Preliminary AA Rating to Shelf Registration of Mitsui Fudosan

Apr. 12, 2023: JCR Affirmed BBB+ on SPARX Biomass Green Project Bond Trust (Toki) Beneficial Interest and Trust ABL; JCR Assigned Green 1(F) to Green Finance Framework for Jointly-managed Money Trust of Mitsubishi UFJ Trust and Banking

Apr. 11, 2023: JCR Assigned Preliminary A Rating to Shelf Registration of Toyo Tire; [ Asset Securitization Products ] JCR Affirmed AA- on Securitization of Loans Receivable 202203

Apr. 10, 2023: JCR Affirmed A/Stable and J-1 on KAGOME; JCR Affirmed A/Stable and J-1 on Mitsui DM Sugar HD

Apr. 07, 2023: Change in CP Maximum Amount of SUMITOMO CHEMICAL; Affirmed J-1; JCR Affirmed BBB+/Stable Long-term Issuer Rating on Sanyo Electric Railway; JCR Assigned Preliminary A Rating to Shelf Registration of DIC; JCR Assigned AA Rating to Bonds of Tohoku Electric Power; JCR Assigned AA- Rating to Bonds of Hulic; JCR Assigned AA- Rating to Bonds of Tokyo Century; JCR Assigned AAA Rating to Bonds of Development Bank of Japan; [ Asset Securitization Products ] JCR Affirmed AAA on JHF-guaranteed RMBS ABL Program and RMBS ABL Program (00013881); JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to Shoeitoki; JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Shoko Chukin Bank to Hyogo Timber Center

Apr. 05, 2023: JCR Affirmed BBB/Stable FC Long-term Issuer Rating on Adaro Energy Indonesia; JCR Affirmed A+/Stable FC Long-term Issuer Rating on America Movil; JCR Affirmed AA- Long-term Issuer Rating on Gravity AH; Revised Outlook to Positive; JCR Affirmed BBB on BRS Mega Solar Project Bond Trust 1 Beneficial Interest and Trust ABL; JCR Provided a Third Party Opinion to the Positive Impact Framework of THE CHUGOKU BANK

Apr. 04, 2023: JCR Removed Credit Monitor; Affirmed AA on Electricite de France; Placed Stable Outlook; JCR Affirmed A Long-term Issuer Rating on Aica Kogyo; Revised Outlook to Positive; JCR Affirmed A-/Stable Long-term Issuer Rating on Tokyo Kiraboshi Financial Group
JCR Affirmed A-/Stable Long-term Issuer Rating on Kiraboshi Bank; JCR Affirmed AA-/Stable (FC/LC) on Chile; JCR Assigned Preliminary AA- Rating to Shelf Registration of Sumitomo Mitsui Trust Bank

Apr. 03, 2023: JCR Assigned AA+/Stable and J-1+ to Mitsubishi Estate; Withdraws AA+p/Stable; JCR Affirmed BB+ and J-3 on MITSUI E&S; Revised Outlook to Stable; JCR Affirmed A-/Stable Long-term Issuer Rating on TSUKISHIMA HD

Release Information: News Release; Issuer Reports; Reports relating to Issuer; JCR News