News Release

Jul. 04, 2008: Affirmed A/Stable and J-1 on sr.debts and CP of Kagome; Assigned AA+ to bonds of Osaka (City of); Assigned AAA to bonds of Japan Finance Corporation for Small and Medium Enterprise; Assigned preliminary A- to shelf registration of Hankyu Hanshin Holdings; Assigned AAA to bonds of Tokyo Electric Power Company; Comments on LS Cable's Corporate Reorganization; Affirms AAA Rating on Export Development Canada (EDC); Outlook Stable; Affirmed A- on Gifu Shinkin Bank; Revised Outlook to Negative

Jul. 03, 2008: Upgraded Tokyo Dome to BBB-/Stable and J-2; Affirmed A/Stable on senior debts of OSG Corporation

Jul. 01, 2008: Assigned preliminary AA+ to shelf registration of NTT Data; Affirmed J-1+ rating on CP program of NTT Finance; Downgraded Arisawa from A-/Negative to BBB+/Stable; JCR Withdrawn J-1+ ratings on CP of NTT DoCoMo's regional subsidiaries

Jun. 30, 2008: Assigned AA- to loans/leases receivable from Softbank Mobile; Assigned J-1+ to Teral Kyokuto Bills Receivable ABL08-06; Assigned J-1 to Toda Kogyo Bills Receivable ABL08-06; Assigned J-1 to Hayakawa Rubber Bills Receivable ABL08-06 (2); Downgraded sr.debts of Paris Miki to A-/Stable from A/Stable; Withdrawn J-1+ on CP of Keio; Assigned preliminary AA-/A+/A to shelf of Sumitomo Mitsui Banking

Jun. 27, 2008: Assigned J-1 to Aso Shoji Bills Receivable ABL08-06; Assigned J-1 to Kimura Bills Receivable ABL08-06; Assigned J-1 to A&D Bills Receivable Trust Certificates; Assigned J-1 to Nippon Tungsten Bills Receivable ABL08-06; Withdrawn preliminary #B+ rating on shelf reg. of Zephyr

Jun. 26, 2008: Assigned J-1 to Osaka Steel Tube Bills Receivable ABL08-06; Assigned J-1 to Bills Receivable ABL08-06 (B Corporation in Mie); Assigned J-1 to SEIBUKIZAI Bills Receivable ABL08-06; Affirmed BBB+/Stable on sr.debts of Matsui Securities; Downgraded sr.debts of Daido Fire & Marine Insurance to A-/Stable

Jun. 25, 2008: Assigned pre. AA-/AAA to trust certificates of PFI; Assigned J-1+ to MSNW Trust Certificate Series 08060; Assigned J-1 to Bills Receivable ABL08-06 (A Corporation in Aichi); Assigned pre. AA-/AAA to loans of PFI; Assigned J-1 to Nakagawa Seitaikako Bills Receivable ABL08-06; Assigned AA+ to bonds of Japan Student Services

Jun. 24, 2008: Affirmed A-/Stable rating on sr.debts of Ehime Bank; Assigned J-2 to CP of Shinsho Corporation; Downgraded ratings on Suruga to D

Jun. 23, 2008: Assigned J-1 to healthcare fees ABL08-06 (Asahikawa Sanai HP); Assigned J-1 to Fuji Shokai Bills Receivable ABL08-06; Affirmed A-/Stable on sr.debts of Tono Shinkin Bank; Affirmed A-/Stable on sr.debts of Sapporo Shinkin Bank; Affirmed A-/Stable on senior debts of Seibu Shinkin Bank

Jun. 20, 2008: Assigned J-1 to healthcare fees receivable ABL08-06 (C Hospital); Assigned pre. J-1 to A&D Bills Receivable 08-06 Trust Certificates; Affirmed A-/Stable on sr.debts of Seishin Shinkin Bank; Affirmed A-/Positive on Yokohama Shinkin Bank

Jun. 19, 2008: Assigned AAA to bonds of JBIC; JCR Affirmed A-/A (FC/LC) Ratings on PTT

Jun. 18, 2008: Assigned J-1 to healthcare fees ABL08-06 (D Hospital); Assigned J-1 to healthcare fees ABL08-06 (E Hospital)

Jun. 17, 2008: Assigned J-1 to healthcare fees ABL08-06 (F Hospital); Assigned J-1 to healthcare fees receivable ABL08-06 (Shuyukai); Assigned J-1 to Kurashiki Medical Center Trust Certificates 08-06; Affirmed AA+/Stable on sr.debts of Shoko Chukin Bank

Jun. 13, 2008: Assigned J-1 to healthcare fees receivable ABL08-06 (A Hospital); Assigned J-1+ to Takeda Gen. Hospital Trust Certificates 08-06; Assigned J-1 to healthcare fees receivable ABL08-06 (Kyowakai); Affirmed BBB+ on EMTN of Monex Beans Holdings; Places Ratings of LS Cable under Credit Monitor/Negative; Assigned A to bonds of Daido Steel

Jun. 12, 2008: Affirmed BBB-/Stable on sr.debts of Yamada Servicer Synthetic Office; Assigned A+ to bonds of Sumitomo Rubber; Affirmed A+/Stable; Assigned A- to subordinated bonds of Eighteenth Bank; Assigned AA to bonds of NTT Finance; Affirmed S3 Servicer Rating on Yamada Servicer Synthetic Office

Jun. 11, 2008: Assigned J-1 to healthcare fees receivable ABL08-06 (B Hospital); Assigned A to bonds of Acom; Assigned AA- to bonds of Hitachi Capital; Assigned A+ to bonds of Itochu

Jun. 10, 2008: Assigned J-1 to Hayakawa Rubber Bills Receivable ABL08-06; Assigned AA+/stable Rating on Banco Bilbao Vizcaya Argentaria SA; Assigned AA- to bonds of Orix; Assigned A rating to bonds of Kureha; Assigned pre. BBB+, BBB+ to shelf registration & bonds of Shibusawa Warehouse

Jun. 09, 2008: Downgraded Goodwill to #BBB-/Negative with CM continued; Affirmed A-/Stable and A- on sr.debts and bonds of SSP; Assigned BBB/Stable to sr.debts of Clarke Gakuen

Jun. 06, 2008: Assigned J-1+ to JUTEC Bills Receivable ABL08-06; Assigned A- ratings to bonds of Nippon Mining Holdings; Assigned AAA to bonds of Kyushu Electric Power Company; Affirmed AA-/Stable on sr.debts of Futaba Industrial; Withdrawn BB/Negative for NIS Group and Nissin Servicer; Withdrawn BB/Negative for NIS Group and Nissin Servicer

Jun. 05, 2008: Assigned A- to bonds of Mazda Motor; Assigned AA to bonds of Mitsubishi Logistics; Assigned AA+ to bonds of Osaka (City of); Assigned AAA to bonds of Japan Finance Corporation for Small and Medium Enterprise; Assigned AAA to bonds of Development Bank of Japan; Assigned AAA to bonds of Kansai Electric Power Company

Jun. 04, 2008: Assigned A to bonds of Denki Kagaku Kogyo; Assigned A-/Stable and J-1 to sr.debts and CP of Idemitsu Credit; Assigned AAA to bonds of NTT DoCoMo; Assigned AAA to bonds of Tokyo Electric Power Company; Assigned AA+ to bonds of Osaka (City of); Withdrawn BBB rating on Iida Home Max; Placed Urban Corporation under CM; Downgraded rating to #BB+/Negative

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