News Release

Jan. 24, 2023

JCR Affirmed A/Stable Long-term Issuer Rating on Daiwabo HD

JCR Affirmed BBB/Stable Long-term Issuer Rating on TAMURA

JCR Affirmed AAA/Stable LT Issuer Rating on University of Tsukuba

JCR Affirmed A/Stable and J-1 on Yasuda Real Estate

JCR Affirmed A-/Stable Long-term Issuer Rating on Kita-Nippon Bank

Jan. 23, 2023

JCR Affirmed A/Stable and J-1 on Japan Pulp & Paper

JCR's Rating Review of Major Life Insurers

JCR Affirmed AA+/Stable and J-1+ on Nippon Life Insurance

JCR Upgraded Long-term Issuer Rating on Dai-ichi Life HD/Dai-ichi Life to AA-/Stable and AA/Stable

JCR Upgraded Long-term Issuer Rating on Meiji Yasuda Life Insurance to AA/Stable; Affirmed J-1+ on CP

JCR Upgraded Long-term Issuer Rating on SUMITOMO LIFE INSURANCE to AA/Stable

JCR Affirmed A-/Stable Long-term Issuer Rating on DAIDO FIRE & MARINE INSURANCE

JCR Affirmed J-1+ Rating on CP of Nissay Leasing

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL 23-01

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 23-01

Jan. 20, 2023

JCR Affirmed AA- and J-1+ on Sumitomo Realty & Development; Revised Outlook to Positive

JCR Affirmed A- and J-1 on SoftBank Group; Revised Outlook to Stable

JCR Affirmed A/Stable Long-term Issuer Rating on SEIREN

JCR Affirmed A/Stable and J-1 on Tokyu Fudosan HD

JCR Affirmed AA/Stable and J-1+ on Mitsui Fudosan

JCR Affirmed AA+p/Stable Long-term Issuer Rating on Mitsubishi Estate

JCR Affirmed BBB+/Stable (FC) and A-/Stable (LC) on Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara

JCR Assigned AA- Rating to Bonds (with no financial covenants) of Sumitomo Mitsui Financial Group

JCR Assigned A+ Rating to Bonds (Tier 2 with loss absorption clause) of Mitsubishi UFJ Financial Group

JCR Reviewed Sustainability Bond Framework of SoftBank

Jan. 19, 2023

JCR Upgraded Long-term Issuer Rating on Maruzen Showa Unyu to A/Stable

JCR Affirmed A/Stable and J-1 on Sumitomo Osaka Cement

JCR Affirmed BBB+/Stable Long-term Issuer Rating on TOSHO

JCR Affirmed BBB/Stable Long-term Issuer Rating on Harima-Kyowa

JCR Affirmed A+/Stable and J-1 on Mitsui Chemicals

JCR Affirmed A-/Stable Long-term Issuer Rating on Yasuda Logistics

JCR Affirmed AA/Stable Long-term Issuer Rating on LaSalle LOGIPORT REIT

JCR Assigned AA to Libra A Limited Series C009

JCR Assigned SU 1(F) to Sustainability Finance Framework by HASEKO Residential Private REIT

Jan. 18, 2023

JCR Assigned A-/Stable Long-term Issuer Rating to TOA

JCR Assigned A-/Stable FC Long-term Issuer Rating to Far East Horizon Limited

JCR Affirmed A Long-term Issuer Rating on FUJI ELECTRIC; Revised Outlook to Positive

JCR Affirmed A+/Stable and J-1 on Keikyu

JCR Affirmed AA-/Stable and J-1+ on Sumitomo Warehouse

JCR Affirmed BBB+/Stable Long-term Issuer Rating on Chuo Warehouse

JCR Affirmed AA/Stable and J-1+ on Mitsubishi Logistics

JCR Affirmed AA-/Stable Long-term Issuer Rating on ROHM

JCR Affirmed AA-/Stable Long-term Issuer Rating on Hirogin HD and Hiroshima Bank

JCR Affirmed AAA/Stable Long-term Issuer Rating on Japan Student Services Organization

JCR Assigned AA- Rating to Bonds of Sumitomo Mitsui Trust Bank

JCR Assigned AAA Rating to Bonds of Metropolitan Expressway

JCR Assigned AA- to Ascent Finance Limited Series 2022-1068

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to BANK OF FUKUOKA C Corporation Bills & Electronically Recorded Receivable ABL 23-01

[ Asset Securitization Products ] JCR Assigned Preliminary AAA, Preliminary A and Preliminary A- to Beneficial Interest 202301

Jan. 17, 2023

JCR Assigned A+/Stable Long-term Issuer Rating to TAKARA BIO

JCR Upgraded Long-term Issuer Rating on SCSK to A+/Stable

JCR Upgraded Long-term Issuer Rating on TAKARA HD to A+/Stable; Affirmed J-1 on CP

JCR Affirmed AAA/Stable Long-term Issuer Rating on National University Corporation Osaka University

JCR Affirmed A/Stable Long-term Issuer Rating on OKAYA

JCR Affirmed A/Stable and J-1 on Keihan HD

JCR Affirmed A+/Stable Long-term Issuer Rating on Benesse HD

JCR Assigned AAA Rating to Bonds of Central Nippon Expressway

JCR Assigned AA- Rating to Bonds of TOKYU REIT

JCR Assigned Green 1(F) to Green Bond Framework of Hiroshima Prefecture

Jan. 16, 2023

JCR Upgraded Long-term Issuer Rating on SQUARE ENIX HD to A+/Stable

JCR Upgraded Rating on au Kabucom Securities to AA-/Stable and J-1+

JCR Affirmed AA/Stable and J-1+ on Sumitomo Electric Industries

JCR Affirmed AA-/Stable Long-term Issuer Rating on SEINO HD

JCR Affirmed AAA/Stable Long-term Issuer Rating on TOYOTA MOTOR

JCR Affirmed AAA/Stable Long-term Issuer Rating on TOYOTA FINANCE

JCR Affirmed AA-/Stable Long-term Issuer Rating on Advance Logistics Investment Corporation

JCR Assigned AA Rating to Bonds of Tohoku Electric Power

Jan. 13, 2023

JCR Affirmed A FC Long-term Issuer Rating on Hotel Lotte; Revised Outlook to Stable

JCR Affirmed A-/Stable Long-term Issuer Rating on AISAN INDUSTRY

JCR Affirmed J-2 Rating on CP of CMIC HD

JCR Affirmed A+/Stable and J-1 on DOWA HD

JCR Affirmed AA-/Stable Long-term Issuer Rating on Fukuoka Kogyo Daigaku

JCR Affirmed BBB+/Stable Long-term Issuer Rating on Monex Group
JCR Affirmed BBB+/Stable and J-2 on Monex
JCR Affirmed BBB+ Rating on EMTN and J-2 on CP of Monex Finance

JCR Affirmed A/Stable (FC/LC) on Portuguese Republic

JCR Assigned A Rating to Bonds of TEPCO Power Grid

JCR Assigned AAA Rating to Bonds of East Nippon Expressway

JCR Assigned AAA Rating to Bonds of Development Bank of Japan

Jan. 12, 2023

JCR Assigned A-/Stable Long-term Issuer Rating to Neturen

JCR Upgraded Long-term Issuer Rating on BOT Lease to A+/Stable; Affirmed J-1 on CP

JCR Affirmed A- Long-term Issuer Rating on SHIMIZU BANK; Revised Outlook to Stable

JCR Assigned J-1 to eDirect Trust N1

Jan. 11, 2023

JCR Affirmed BBB+/Stable and J-2 on TOSHIBA

JCR Affirmed AA-/Stable Long-term Issuer Rating on Kenedix Residential Next Investment Corporation

JCR Affirmed A+ on Mirach Limited Series 1906-M01 and Series 2110-M01

[ Asset Securitization Products ] JCR Affirmed A+ on Mirach Limited Series 1907-M02

[ Asset Securitization Products ] JCR Affirmed A+ on ZEST Investments B Series 1707-B01

JCR Affirmed A+ on Spica Limited Series 1910-S12

JCR Affirmed AA- on Cypher Limited Series 290

JCR Affirmed AA- on Sylph Limited Series 1839

JCR Affirmed AA- on Sylph Limited Series 1888

JCR Assigned Green 1(F) to Green Finance Framework of SHIMIZU PRIVATE REIT

Jan. 10, 2023

JCR Provided a Third Party Opinion to Sustainability Linked Bond Framework of Chuo-Nittochi Group

Jan. 05, 2023

JCR Assigned Preliminary A+ Rating to Bonds (Tier 2 with loss absorption clause) of Mitsubishi UFJ Financial Group

Jan. 04, 2023

JCR Affirmed A/Stable and J-1 on Resonac HD

JCR Withdraws A/Stable Long-term Issuer Rating on Resonac

Dec. 29, 2022

JCR Upgraded Long-term Issuer Rating on Shinhan Bank Japan to AA-/Stable

JCR Affirmed AA-/Stable and J-1+ on NGK SPARK PLUG

[ Asset Securitization Products ] JCR Upgraded Class B Beneficial Interest of Investment Condominium Loans Trust (220220) to A+; Affirmed AAA on Class A

[ Asset Securitization Products ] JCR Upgraded Class B Beneficial Interest of Jupiter Investment Purpose Condominium Loan Backed Beneficial Interests 2013 to A+; Affirmed AAA on Class A

[ Asset Securitization Products ] JCR Upgraded Class B Beneficial Interest of Sakura Investment Purpose Condominium Loan Securitization Series 1 to A+; Affirmed AAA on Class A