News Release

Jul. 03, 2009: Affirmed BBB-/Positive on sr.debts of Keiyo; Affirmed J-1 on CP program of NBL; Placed rating on Saison Auto & Fire Insurance on Credit Monitor Positive; Affirmed BBB on DC; Revised outlook to Negative from Stable; Assigned preliminary A to shelf registration of Acom

Jul. 01, 2009: Affirms AAAp/Stable Rating on European Reconstruction and Development Bank; NikkoCiti Trust A- rating Remain on Credit Monitor Positive

Jun. 30, 2009: Assigned J-1 to Molten Bills Receivable ABL09-06; Assigned J-1 to Toda Kogyo Bills Receivable ABL09-06; Assigned J-1+ to Teral Bills Receivable ABL09-06; Affirmed J-1 on domestic CP program of Taiyo Nippon Sanso; Affirmed A+p/Stable rating on Showa Shell Sekiyu; Assigned preliminary AA- to shelf of Sumitomo Metal Industries; Removed rating for NEC Tokin from Credit Monitor; Affirmed BBB+

Jun. 29, 2009: Assigned J-1 to Aso Shoji Bills Receivable ABL09-06; Assigned J-1 to A&D Bills Receivable Beneficial Int. 09-06; Assigned J-1 to Nippon Tungsten Bills Receivable ABL09-06; Assigned J-1 to Seibukizai Bills Receivable ABL09-06; Assigned J-1+ to JUTEC Bills Receivable ABL09-06; Affirmed BBB/Stable and J-2 on Daiei Real Estate & Development; Affirmed J-2 on domestic CP program of Yanmar

Jun. 26, 2009: Assigned J-1 to Osaka Steel Tube Bills Receivable ABL09-06; Assigned J-1 to Bills Receivable ABL09-06 (B Corporation in Mie); Affirmed BBB-/Negative, BB+ and J-2 rating for ShinGinko Tokyo; Affirmed AA+/Stable and J-1+ on Toa Reinsurance; Affirmed AA+p/Stable on sr.debts of Astellas Pharma; Downgraded ES-CON Japan to D; Assigned preliminary A- rating to sub.bonds of Tokyo Star Bank; Withdraws BBB-/Stable rating on Miyoshi Oil & Fat; Affirmed A/Stable and A on sr.debts and bonds of Mitsui-Soko

Jun. 25, 2009: Assigned J-1 to Kimura Bills Receivable ABL09-06; Assigned J-1 to Bills Receivable ABL09-06 (A Corporation in Aichi); Assigned J-1+ to MSNW Trust Certificate Series 09060; Assigned J-1+ to C Corporation Bills Receivable ABL09-06; Affirmed J-1 rating on domestic CP of Tokyo Tatemono; Assigned AA+ to bonds of Japan Student Services Organization

Jun. 24, 2009: Assigned J-1 to Medical Fees Receivable ABL09-06 (D Hospital); Affirmed BBB/Stable on sr.debts of Kanto Denka Kogyo

Jun. 23, 2009: Assigned J-1 to Medical Fees Receivable ABL09-06 (Asahikawa Sanai HP); Assigned A rating to bonds of Jupiter Telecommunications; Assigns AA+ Preliminary Rating to Electricite de France's Samurai; Assigned BBB+ rating to Kowa Real Estate; Affirmed BBB+ on Loans

Jun. 22, 2009: Assigned J-1 to Medical Fees Receivable ABL09-06 (C Hospital); Assigned J-1 to Fuji Shokai Bills Receivable ABL09-06; Affirmed A-/Stable on sr.debts of Yokohama Reito; Downgraded rating of Mazda Motor to BBB+; Assigned J-2 to CP; Affirmed A-/Stable on sr.debts of Sapporo Shinkin Bank; Affirmed A-/Stable on sr.debts of Seishin Shinkin Bank; Downgraded ES-CON Japan to C; Removed it from Credit Monitor; Affirmed A- for Yokohama Shinkin Bank; Revised outlook to Stable; JCR Downgraded rating for Fuji Fire & Marine Insurance to A; Outlook Stable
JCR Downgraded rating for Fuji Life Insurance to A-; Outlook Stable

Jun. 19, 2009: Assigned J-1 to Medical Fees Receivable ABL09-06 (G Hospital); Downgraded rating for Aderans Holdings to BBB+/Stable; Downgraded Advantest rating to A+; Removed it from Credit Monitor; Assigned A+ rating to bonds of Sumitomo Rubber Industries; Assigned AA+ rating to bonds of Osaka (City of); Affirmed A-/Stable on sr.debts of Tono Shinkin Bank; Affirmed A-/Stable on senior debts of Seibu Shinkin Bank

Jun. 18, 2009: Assigned J-1 to Medical Fees Receivable ABL09-06 (F Hospital); Assigned J-1 to Medical Fees Receivable ABL09-06 (H Hospital); Affirmed A- rating on Japan Vilene; Outlook Remains Stable; Affirmed BBB+/Stable and BBB+ rating for Shoei

Jun. 17, 2009: Assigned J-1 to Kurashiki Medical Center Beneficial Int. 09-06; Assigned preliminary J-1 to A&D Bills Receivable Beneficial Int. 09-06; Assigned J-1 to Medical Fees Receivable ABL09-06 (E Hospital); Affirmed BBB+, J-2 on Toshiba Finance; Revised outlook to Negative; Affirms A+ Ratings on Kookmin Bank; Outlook Negative; Affirmed BBB/Stable and J-2 on Toshiba Housing Loan Service

Jun. 16, 2009: Assigned J-1 to Medical Fees Receivable ABL09-06 (Shuyukai); Assigned J-1 to dispensing fees ABL09-06 (sun-kur Corporation); Assigned J-1 to Medical Fees Receivable ABL09-06 (A Hospital); Assigned J-1 to Medical Fees Receivable ABL09-06 (I Hospital); Assigned A+ rating to bonds of Nikon; Affirmed BBB+ on Monex Group, Inc.; Assigned AAA to bonds of Aichi Prefecture; Assigned A to bonds of Krosaki Harima

Jun. 15, 2009: Assigned J-1+ to Takeda Gen. Hospital Beneficial Interest 09-06; Assigned J-1 to Medical Fees Receivable ABL09-06 (Kyowakai); Affirmed BBB+/Stable on Matsuda Sangyo; Assigned AAA to bonds of Aichi Prefecture

Jun. 12, 2009: Affirms A ratings on Shinhan Card; Outlook Negative; Assigned AAA to bonds of Aichi Prefecture; Affirmed AA on Daiwa House Industry; Revised outlook to Negative; Withdraws #BB- rating on senior debts of Medca Japan

Jun. 11, 2009: Assigned J-1 to Medical Fees Receivable ABL09-06 (B Hospital); Assigned AA to bonds of Urban Renaissance Agency; Withdraws J-2 rating on CP Program of Hakuto

Jun. 10, 2009: Assigned A+ to bonds of Kobe Steel; Affirmed A+/Stable and J-1+ on JCB; Assigned AA+ rating to bonds of NTT Finance; Assigned A- to sub.bonds of Chuo Mitsui Trust and Banking; Affirmed S3 Servicer Rating on Yamada Servicer Synthetic Office; Affirmed BBB-/Stable on sr.debts of Yamada Servicer Synthetic Office; Affirms A+ and J-1 on Sumitomo Rubber Industries; Revised Outlook to Negative; Withdraws preliminary AA- rating on shelf of Towa Real Estate Development

Jun. 09, 2009: Assigned J-1 to Nohara Bills Receivable ABL09-06; Assigns AA+ Rating on EDF; Outlook Stable; Downgraded rating for Heiwa Real Estate to BBB+; Assigned AA- to bonds of Nomura Holdings

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