News Release

Jun. 24, 2022

JCR Assigned Preliminary AA- Rating to Shelf Registration of Hankyu Hanshin HD

Jun. 23, 2022

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

JCR Affirmed A-/Stable Long-term Issuer Rating on Tokyo Infrastructure Energy Investment Corporation

JCR Assigned AA Rating to Bonds of Japan Metropolitan Fund Investment Corporation

Highlights of General Trading Companies' Financial Results for Fiscal Year Ended March 2022

Jun. 22, 2022

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

Highlights of Supermarket Chain Operators' Financial Results for Fiscal Year Ended February/March 2022

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL 22-06

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 22-06

JCR Assigned AA to Oxygen Capital Limited Series 182

Jun. 21, 2022

Revisions to Rating Methodologies for "Credit Sales and Credit Cards" and "Consumer Finance"

JCR Assigned Green 1(F) to Green Finance Framework of GPSS Sustainable Energy Fund

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

Jun. 20, 2022

JCR Affirmed AA- and J-1+ on Tokyo Century; Revised Outlook to Positive
JCR Affirmed AA- and J-1+ on NIPPON CAR SOLUTIONS; Revised Outlook to Positive
JCR Affirmed J-1 Rating on CP of Orico Auto Leasing
JCR Affirmed AA- and J-1+ on FLCS; Revised Outlook to Positive
JCR Assigned A+/Positive Long-term Issuer Rating to IHI Finance Support; Affirmed J-1 Rating on CP

JCR Assigned Green 1(F) to Green Finance Framework of Tokyo Tatemono

Jun. 17, 2022

JCR Upgraded Long-term Issuer Rating on HEIWA REAL ESTATE REIT to AA-/Stable

JCR Assigned A- Rating to Bonds of KAGA ELECTRONICS

JCR Assigned Preliminary A- Rating to Shelf Registration of NEC Capital Solutions

JCR Provided a Third Party Opinion on Sustainability Linked Loan of DIC

JCR Reviewed 1st and 2nd Bonds issued by Renova

Jun. 16, 2022

JCR Affirmed AAA/Stable (FC/LC) on Japan

JCR Assigned AA- Rating to Bonds of JERA

JCR Assigned AA- Rating to Bonds of Kenedix Retail REIT Corporation

Jun. 15, 2022

JCR Upgraded Rating on CP of Seibu Oil to J-1

JCR Affirmed BBB-/Stable (FC) and BBB/Stable (LC) on Brazil

JCR Assigned AA Rating to Bonds of Nippon Prologis REIT

JCR Assigned Preliminary AA- to Securitization of Loans Receivable from SB 202206

JCR Assigned Preliminary AA- to Securitization of Leases Receivable from SB 202206

Highlights of Major Pharmaceutical Companies' Financial Results for Fiscal Year Ended March 2022

JCR Assigned Green 1(F) to Green Finance Framework of Organization for Promoting Urban Development

JCR Provided a Third Party Opinion to Sustainability Linked Bond Framework of MITSUBISHI ESTATE

JCR Provided a Third Party Opinion on Sustainability Linked Loans Conducted by The Norinchukin Bank to Japan Real Estate Investment

Revisions of Several Rating Methodologies

Jun. 13, 2022

JCR Affirmed A+ Long-term Issuer Rating on Mizuho Leasing; Revised Outlook to Positive
JCR Affirmed A+ and J-1 on Mizuho-Toshiba Leasing; Revised Outlook to Positive
JCR Affirmed A+ and J-1 on Mizuho Marubeni Leasing; Revised Outlook to Positive

JCR Affirmed J-2 Rating on CP of KYOKUYO

JCR Affirmed AA-/Stable Long-term Issuer Rating on Daiwa Residential Private Investment Corporation

JCR Assigned Preliminary AA- Rating to Shelf Registration of Z HD

Highlights of General Heavy Machinery Manufacturers' Financial Results for Fiscal Year Ended March 2022

Jun. 10, 2022

JCR Affirmed AA- Long-term Issuer Rating on AEON REIT Investment Corporation; Revised Outlook to Positive

JCR Assigned AA Rating to Bonds of MORI TRUST Sogo Reit

JCR Assigned A+ to Ascent Finance Limited Series 2022-1015

[ Asset Securitization Products ] JCR Assigned Preliminary A to Securitization of Leases Receivable 202207

Jun. 09, 2022

JCR Affirmed A- Long-term Issuer Rating on Shikoku Bank; Revised Outlook to Positive

JCR Affirmed A-/Stable FC Long-term Issuer Rating on Security Bank

Highlights of Major Warehouse Companies' Financial Results for Fiscal Year Ended March 2022

JCR Assigned A Rating to Bonds of OKAMURA

JCR Assigned AA- Rating to Bonds of ENEOS HD

JCR Assigned AA Rating to Bonds of Tohoku Electric Power

JCR Assigned Preliminary AA- Rating to Shelf Registration of Asahi Group HD

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to BANK OF FUKUOKA C Corporation Bills & Electronically Recorded Receivable ABL 22-06

Jun. 08, 2022

JCR Assigned A Rating to Bonds of Sumitomo Osaka Cement

JCR Assigned A- Rating to Bonds of Sumitomo Mitsui Construction

JCR Assigned BBB Rating to Bonds of AIFUL

Jun. 07, 2022

JCR Affirmed A-/Stable Long-term Issuer Rating on TONO SHINKIN BANK

JCR Affirmed AAA/Stable (FC/LC) on Norway

JCR Assigned BBB+ Rating to Bonds of ZENSHO HD

JCR Assigned AA Rating to Bonds of Chugoku Electric Power

JCR Withdraws J-1+ Rating on CP of Toa Reinsurance

Jun. 06, 2022

JCR Upgraded Long-term Issuer Rating on Takara Leben Real Estate Investment Corporation to A/Stable

Highlights of Major Milling Companies' Financial Results for Fiscal Year Ended March 2022

Jun. 03, 2022

JCR Solicits Public Comments on Establishment of Rating Methodology for National University Corporations

JCR Affirmed AA/Stable LT Issuer Rating on Japan Logistics Fund

JCR Assigned AA- Rating to Bonds of JFE HD

JCR Assigned AA Rating to Bonds of Chubu Electric Power

JCR Assigned A+ Rating to Bonds of Mitsubishi Chemical HD

JCR Assigned AA- Rating to Bonds of Mitsubishi UFJ Financial Group

Highlights of Major General Chemical Manufacturers' Financial Results for Fiscal Year Ended March 2022

Highlights of Major Cement Companies' Financial Results for Fiscal Year Ended March 2022

Jun. 02, 2022

JCR Upgraded Rating on Marubeni to AA-/Stable and J-1+

JCR Upgraded Long-term Issuer Rating on CRE Logistics REIT to A+/Stable

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

JCR Affirmed AAA/Stable (FC/LC) on the Netherlands

JCR Assigned A+ Rating to Bonds of Nagoya Railroad

Highlights of Major Meat Processing Companies' Financial Results for Fiscal Year Ended March 2022

[ Asset Securitization Products ] JCR Affirmed AAA to Beneficial Interest of Hayabusa

Jun. 01, 2022

JCR Affirmed BBB Long-term Issuer Rating on TOMY; Revised Outlook to Positive

JCR Affirmed A+ and J-1 on NIKON; Revised Outlook to Stable

JCR Affirmed A/Stable (FC) on NatWest Group and NatWest Market and A+/Stable (FC) on National Westminster Bank

JCR Assigned AA- Rating to Bonds of Suntory Holdings

Highlights of Food Service Companies' Financial Results for Fiscal Year 2021

JCR Assigned Social 1 to Long-term Loan borrowed by Gojo & Company

May. 31, 2022

JCR Assigned A-/Stable Long-term Issuer Rating to Procrea HD
JCR Removed Credit Monitor; Affirmed A- on Aomori Bank; Placed Stable Outlook
JCR Assigned A-/Stable Long-term Issuer Rating to MICHINOKU BANK

JCR Affirmed A Long-term Issuer Rating on JINUSHI PRIVATE REIT; Revised Outlook to Positive

Increase in CP Maximum Amount of JFE HD; Affirmed J-1+

JCR Affirmed A+/Stable and J-1 on Mortgage Corporation of Japan

JCR Affirmed A+/Stable Long-term Issuer Rating on Yamagata Bank

JCR Assigned A- Rating to Bonds of IHI

JCR Assigned A+ Rating to Bonds of Yokohama Rubber

JCR Assigned A- Rating to Bonds of NEC Capital Solutions

Highlights of Five Major Real Estate Companies' Financial Results for Fiscal Year Ended March 2022

[ Asset Securitization Products ] JCR Assigned J-1+ to Hokuriku Bank A Corporation Bills & Electronically Recorded Receivables ABL 22-05

JCR Assigned A- to Sylph Limited Series 10179

JCR Assigned Green 1 to the Long Term Loan Borrowed by DIC

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by 33 Bank to OWASEBUSSAN

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by Shizuoka Bank to Sugimoto Tea Company

JCR Provided a Third Party Opinion on Sustainability Linked Loans Conducted by The Hokkaido Bank to HEIWA REAL ESTATE

JCR Provided a Third Party Opinion on Sustainability Linked Loans Conducted by Nippon Life Insurance to HEIWA REAL ESTATE

JCR Withdraws BBB/Stable Long-term Issuer Rating on FUKUHO BANK

JCR Withdraws A+ and A on EMTN Program of Sumitomo Mitsui Trust Bank

May. 30, 2022

JCR Affirmed AA/Stable Long-term Issuer Rating on Hachijuni Bank