News Release

Feb. 04, 2022

JCR Affirmed AA-/Stable and J-1+ on Sumitomo Realty & Development

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

JCR Assigned BBB- Rating to Subordinated Bonds of Asahi Mutual Life Insurance

JCR Assigned AAA Rating to Bonds of West Nippon Expressway

JCR Assigned AA- Rating to Bonds of Global One Real Estate Investment Corporation

JCR Assigned AA- Rating to Bonds of ITOCHU Advance Logistics Investment Corporation

JCR Assigned AA Rating to Bonds of LaSalle LOGIPORT REIT

JCR Provided a Post-issuance Verification Report to 27th Bonds (Sustainability Linked Bonds) Issued by Fuyo General Lease

JCR Assigned SU 1(F) to Sustainability Bond Framework of NEC Capital Solutions

Feb. 03, 2022

SONY GROUP Announces Details of Bungie Acquisition - No Immediate Impact on Rating

JCR Assigned AA Rating to Bonds of Corporacion Andina de Fomento

[ Asset Securitization Products ] JCR Affirmed J-1 on Project Sunrise I Series 2021-1

[ Asset Securitization Products ] JCR Assigned Preliminary AA- to Securitization of Loans Receivable 202203

Feb. 02, 2022

JCR Affirmed A/Stable Long-term Issuer Rating on SANKEI BUILDING

JCR Affirmed AAA/Stable on Tokyo Metro

JCR Affirmed AA-/Stable and J-1+ on RICOH LEASING

JCR Assigned AA+ Rating to Bonds of NARITA INTERNATIONAL AIRPORT

Feb. 01, 2022

JCR Downgraded Long-term Issuer Rating on Invincible Investment Corporation to A/Stable

JCR Affirmed BBB/Stable Long-term Issuer Rating on BANK OF KOCHI

Jan. 31, 2022

JCR Affirmed A/Stable Long-term Issuer Rating on Yodogawa Christian Hospital

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

JCR Affirmed A-/A (FC/LC) Long-term Issuer Ratings on Hungary and National Bank of Hungary with Stable Outlook

[ Asset Securitization Products ] JCR Upgraded Class B Beneficial Interest and ABL of REIT2021-001 Beneficial Interest/ABL to AA-; Affirmed AAA on Class A Beneficial Interest

[ Asset Securitization Products ] JCR Assigned J-1 to ABL Program (Commitment Line) of Project Sunrise I Series 2022-1

[ Asset Securitization Products ] JCR Assigned A to Ganymede Limited Series 2022-2

[ Asset Securitization Products ] JCR Assigned AAA, A and A- to Beneficial Interest 202201

[ Asset Securitization Products ] JCR Assigned Preliminary AAA to Class A Beneficial Interest 202203

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by Sumitomo Mitsui Trust Bank to KAJIMA

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by Sumitomo Mitsui Trust Bank to Nankai Electric Railway

JCR Assigned Green 1 to Trust Beneficiary Rights 202201 (Contract No. 210290)

JCR assigned Green 1(F) to Green Finance Framework of Mitsubishi UFJ Trust and Banking's Solar Power Generation Fund (Ecology Trust Bond Ga)

Jan. 28, 2022

MIRAIT HD Makes SEIBU CONSTRUCTION a Subsidiary - Limited Impact on Rating

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

JCR Affirmed A/Stable Long-term Issuer Rating on Wakkanai Shinkin Bank

JCR Assigned Preliminary A+ Rating to Subordinated Bonds of Kansai Electric Power

JCR Assigned BBB+ Rating to Bonds of ASAHI PRINTING

JCR Assigned Green 1 to Bonds of Asahi Printing

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL 22-01

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Receivable ABL 22-01 (D Hospital)

[ Asset Securitization Products ] JCR Assigned J-1 to BANK OF FUKUOKA C Corporation Bills & Electronically Recorded Receivable ABL 22-01

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by Mizuho Bank to Ajinomoto Co., Inc.

Jan. 27, 2022

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

JCR Affirmed A-/Negative Long-term Issuer Rating on SEIBU HD

JCR Affirmed A+/Stable and J-1 on Pan Pacific International HD

JCR Assigned A Rating to Bonds of Malayan Banking

JCR Affirmed A+ Ratings on Specified Bonds of Meiji Yasuda Life 2017/2018/2019 Fund SPC

JCR Affirmed AA on Bonds of Nissay 2019 and 2021 Fund Securitization Company Limited

JCR Affirmed AA- on Bonds of Nissay 2nd, 3rd, 4th, 5th and 6th Subordinated Loan Securitization Company Limited

[ Asset Securitization Products ] JCR Affirmed J-1+ on Ferry Road ETC Card Receivable ABL Program

[ Asset Securitization Products ] JCR Affirmed A+ on ZEST Investments B Series 1606-B01

JCR Assigned AA to Oxygen Capital Limited Series 172

JCR Provided a Third Party Opinion on Sustainability Linked Loans Conducted by Development Bank of Japan to RICOH LEASING

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by Mizuho Bank to YAMADA HOLDINGS

JCR Assigned Green 1 to the Long Term Loan Borrowed by Takara Leben

Jan. 26, 2022

JCR Affirmed A+/Negative Long-term Issuer Rating on KONICA MINOLTA

JCR Affirmed A+/Stable and J-1 on Sumitomo Bakelite

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

JCR Assigned Preliminary BBB- Rating to Subordinated Bonds of Asahi Mutual Life Insurance

JCR Assigned A Rating to Bonds of AEON Financial Service

Jan. 25, 2022

JCR Affirmed AA-p on Fukoku Mutual Life Insurance; Revised Outlook to Positive
JCR Affirmed AA- on Fukokushinrai Life Insurance; Revised Outlook to Positive

JCR Affirmed AA/Stable Long-term Issuer Rating on Seven & i HD
JCR Affirmed AA/Stable Long-term Issuer Rating on SEVEN-ELEVEN JAPAN

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

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

JCR Affirmed AA/Stable on Capital Insurance

JCR Affirmed AAA/Stable Long-term Issuer Rating on Japan Finance Corporation

JCR Affirmed BBB+/Stable (FC/LC) on Export-Import Bank of India

[ Asset Securitization Products ] JCR Assigned A to Securitization of Leases Receivable 202201A

[ Asset Securitization Products ] JCR Assigned A to Securitization of Leases Receivable 202201

[ Asset Securitization Products ] JCR Assigned A to Securitization of Leases Receivable 202201

JCR Assigned SU 1(F) to Sustainability Finance Framework of ORIX Bank

JCR Assigned Social 1(F) to Social Loan Framework of DL Life Partner REIT

JCR Assigned Social 1 (Preliminary Evaluation) to Long-term Debts of DL Life Partner REIT

Jan. 24, 2022

JCR Assigned BBB/Stable Long-term Issuer Rating to KYUSHU LEASING SERVICE

JCR Affirmed BB+ and J-3 on Mitsui E&S HD; Revised Outlook to Negative

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

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

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

JCR Affirmed BBB-/Stable and J-2 on Financial Products Group

JCR Assigned BBB+ Rating to Bonds Program of Yanmar HD

Jan. 21, 2022

JCR Assigned AA+/Stable Long-term Issuer Rating to INPEX

JCR Removed Credit Monitor; Affirmed A and J-1 on DAIBIRU; Placed Stable Outlook

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

JCR Upgraded Long-term Issuer Rating on ORIX to AA/Stable

JCR Assigned A+ Rating to Subordinated Bonds and Subordinated Loan of ORIX

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

JCR Affirmed A and J-1 on HIKARI TSUSHIN; Revised Outlook to Positive

JCR's Rating Review of Major Life Insurers

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

JCR Affirmed A+ Long-term Issuer Rating on Dai-ichi Life HD; Revised Outlook to Positive
JCR Affirmed AA- Long-term Issuer Rating on Dai-ichi Life Insurance; Revised Outlook to Positive

JCR Affirmed AA- and J-1+ on Meiji Yasuda Life Insurance; Revised Outlook to Positive

JCR Affirmed AA- Long-term Issuer Rating on SUMITOMO LIFE INSURANCE; Revised Outlook to Positive

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

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

JCR Affirmed J-2 Rating on CP of CMIC HD

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

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

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

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

JCR Assigned A Rating to Bonds of JA MITSUI LEASING

JCR Assigned AA- Rating to Bonds of SoftBank