News Release

Aug. 05, 2022

JCR Affirmed A-/Stable and J-1 on Central Glass

JCR Affirmed AA/Stable Long-term Issuer Rating on TOYOTA BOSHOKU

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

JCR Assigned A+ Rating to Bonds of YOKOHAMA MINATOMIRAI RAILWAY

JCR Assigned AA+ Rating to Bonds of NTT TC Leasing

JCR Assigned AAA Rating to Bonds of Development Bank of Japan

JCR Assigned AA+ Rating to Bonds of NEW KANSAI INTERNATIONAL AIRPORT

JCR Assigned Preliminary AA- Rating to Shelf Registration of AEON REIT Investment Corporation

[ Asset Securitization Products ] JCR Affirmed BBB- on ABL 21-05

JCR Assigned Green 1(Preliminary Evaluation) to Public Bonds of Nagano Prefecture

JCR Provided a Third Party Opinion to Positive Impact Framework of The Chiba Bank

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Chiba Bank to CHIBAGIN LEASING

Aug. 04, 2022

JCR Affirmed BBB+/Stable Long-term Issuer Rating on HEIWA REAL ESTATE

JCR Assigned AA+ Rating to Bonds of Nippon Prologis REIT

Aug. 03, 2022

JCR Upgraded Long-term Issuer Rating on Ferrotec HD to BBB/Positive

Decrease in CP Maximum Amount of Kansai Electric Power; Affirmed J-1+

JCR Affirmed A-/Stable FC Long-term Issuer Rating on Vena Energy HD and Vena Energy Capital

JCR Assigned AA+ Rating to Bonds of NARITA INTERNATIONAL AIRPORT

JCR Assigned Preliminary A+ Rating to Shelf Registration of Keikyu

JCR Assigned Green 1(F) to Green Bonds Framework of Hyogo Prefecture

Aug. 02, 2022

JCR Upgraded Long-term Issuer Rating on Nippon Prologis REIT to AA+/Stable

[ Asset Securitization Products ] JCR Reviewed Beneficial Interest 202007 (Contract No. 210252), 202107 (Contract No. 210272), 202111 (Contract No. 210281) and 202201 (Contract No. 210290)

Aug. 01, 2022

Establishment of Rating Methodology for National University Corporations and Revision of Rating Methodology for Incorporated Educational Institutions

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

JCR Affirmed A and J-1 on KUREHA; Revised Outlook to Positive; Assigned Preliminary A

JCR Affirmed BBB+/Negative Long-term Issuer Rating on OKASAN SECURITIES GROUP and OKASAN SECURITIES

JCR Affirmed BBB+/Stable and J-2 on Tokai Tokyo Financial HD and BBB+/Stable on Tokai Tokyo Securities

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

JCR Affirmed A on SGET Usa Mega Solar Power Station Project Beneficial Interest

JCR Affirmed A on SGET Tochigi Mega Solar Power Station Project Beneficial Interest

JCR Assigned Green 1(F) to Green Bond Framework of ANA HOLDINGS

JCR Reviewed Bonds no.5 Issued by SEIBU HOLDINGS

Jul. 29, 2022

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

JCR Upgraded Rating on POCKET CARD to A+/Stable; Affirmed J-1 on CP

JCR Affirmed BBB-/Stable Long-term Issuer Rating on ROYAL HD

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

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

JCR Affirmed BB+/Stable Long-term Issuer Rating on YAMADA SERVICER SYNTHETIC OFFICE

JCR Affirmed S3 Special Servicer Rating on YAMADA SERVICER SYNTHETIC OFFICE

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

JCR Assigned Preliminary A+ Rating to Subordinated Loan of Chugoku Electric Power

JCR Assigned Preliminary AA+ Rating to Shelf Registration of NEW KANSAI INTERNATIONAL AIRPORT

[ Asset Securitization Products ] JCR Assigned BBB- Rating to ABL 22-07

JCR Provided a Third Party Opinion to Transition Linked Loan and Transition Linked Hybrid Loan Framework of The Chugoku Electric Power

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by San ju San Bank to Eguchi Holdings

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by THE SHIMIZU BANK to kisho sangyo

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by THE SHIMIZU BANK to KOKORO KENSETU

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by THE SHIMIZU BANK to Yamakei-seicha

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

JCR Assigned Green 1 to Long Term Loan Borrowed by Kabuto Bio Farm

JCR Provided a Post-issuance Verification Report to Bonds no.2 (Sustainability Linked Green Bonds) of TAKAMATSU CONSTRUCTION GROUP

JCR Reviewed Bonds no.2 of TAKAMATSU CONSTRUCTION GROUP

Jul. 28, 2022

Z Holdings Restructures Financial Business - No Immediate Impact on PayPay Card's Rating

JCR Downgraded Ratings on H.I.S. to BB-/Negative and B+

JCR Affirmed A and J-1 on Nomura Real Estate HD; Revised Outlook to Positive

JCR Affirmed A-/Stable Long-term Issuer Rating on Tsukishima Kikai; Assigned Preliminary A- to Shelf Registration

JCR Affirmed AAA/Stable Long-term Issuer Rating on Central Japan Railway

JCR Affirmed AAA/Stable (FC/LC) on Export Development Canada

JCR Assigned Preliminary A Rating to Subordinated Bonds of Hulic

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Receivable ABL 22-07 (D Hospital)

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL 22-07

JCR Affirmed AA- on Elva Funding PLC Series 2021-7, 2021-9, 2021-11, 2021-14, 2021-19 and 2021-27

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by The Bank of Kyoto to Nippo

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

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by 33 Bank to hoei-kogyo

Jul. 27, 2022

JCR Upgraded Long-term Issuer Rating on ITOCHU to AA+/Stable; Affirmed J-1+ on CP

JCR Upgraded Rating on EMTN Program of ITOCHU and ITOCHU Treasury Centre Europe to AA+

JCR Affirmed J-1+ Rating on CP of ITOCHU Treasury

JCR Affirmed BBB+ Long-term Issuer Rating on KOHNAN SHOJI; Revised Outlook to Positive

JCR Affirmed A/Stable and J-1 on Tokyo Electric Power Company HD
JCR Affirmed A/Stable on TEPCO Power Grid
JCR Affirmed A/Stable on TEPCO Renewable Power

JCR Affirmed BBB/Stable Long-term Issuer Rating on Minami-Nippon Bank

JCR Assigned Green 1 to Long-term Loan Borrowed by Rengo

JCR Affirmed BBB+/Stable (FC) and A-/Stable (LC) on Indonesia

Jul. 26, 2022

JCR Affirmed A+/Stable Long-term Issuer Rating on Daishi Hokuetsu Financial Group and Daishi Hokuetsu Bank

JCR Assigned A Rating to Bonds of HIKARI TSUSHIN

JCR Assigned Preliminary A+ and Preliminary A- Ratings to Shelf Registration of Sumitomo Mitsui Trust HD

[ Asset Securitization Products ] JCR Affirmed A on ABL 21-06

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

Jul. 25, 2022

[ Asset Securitization Products ] JCR Assigned A to Securitization of Leases Receivable 202207 ABL and Class C Beneficial Interest

[ Asset Securitization Products ] JCR Assigned A to Securitization of Leases Receivable 202207 ABL and Seller’s Beneficial Interest 1

JCR Provided a Third Party Opinion on Sustainability Linked Loans Conducted by Nanto Bank to YAMAZEN

JCR Assigned SU 1(F) to Sustainability Finance Framework of JAPAN POST HOLDINGS

Jul. 22, 2022

JCR Upgraded Long-term Issuer Rating on MITSUI-SOKO HD to A/Stable

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

JCR Affirmed AA/Stable Long-term Issuer Rating on Tokyo Waterfront Area Rapid Transit

JCR Assigned Preliminary A+ Rating to Shelf Registration of Daiwa Securities Group

[ Asset Securitization Products ] JCR Assigned Preliminary A to Senior Beneficial Interest 7931601 Series 1

JCR Withdraws BBB+/Stable FC Long-term Issuer Rating on Bharat Oman Refineries

Jul. 21, 2022

JCR Placed Rating on Electricite de France under Credit Monitor #AA/Positive (FC)

JCR Upgraded Long-term Issuer Rating on UACJ to BBB+/Stable; Affirmed J-2 on CP

JCR's Rating Review of Electric Power Companies

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

JCR Affirmed AA-/Stable Long-term Issuer Rating on San-in Godo Bank

JCR Assigned AA Rating to Bonds of DAIKIN INDUSTRIES

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 22-07

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL 22-07

JCR Affirmed A on CS Mega Solar Green Project Bond Trust 1 Beneficial Interest and Trust ABL

JCR Affirmed A on Canadian Solar Green Project Bond Trust (Yamaguchi) Beneficial Interest and Trust ABL

JCR Affirmed BBB+ on Canadian Solar Dual Tenor Green Project Bond Trust (Ibaraki/Hiroshima) Beneficial Interest and Trust ABL

Jul. 20, 2022

Impact of Introduction of Economic Value-Based Solvency Regulation on Insurance Companies