News Release

Jun. 10, 2022

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

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

Highlights of Three Japan Railway Companies' Financial Results for Fiscal Year Ended March 2022

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL 22-05

[ Asset Securitization Products ] JCR Assigned J-1 to BANK OF FUKUOKA C Corporation Bills & Electronically Recorded Receivable ABL 22-05

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Receivable ABL 22-05 (D Hospital)

JCR Provided a Third Party Opinion to Positive Impact Finance Provided by Shizuoka Bank to SHIZUOKAMOKKO

May. 27, 2022

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

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

JCR Affirmed A-/Stable (FC) and A/Stable (LC) on Peru

JCR Assigned AA Rating to Bonds of DAIWA HOUSE INDUSTRY

JCR Assigned AA Rating to Bonds of Tohoku Electric Power

JCR Assigned AAA Rating to Bonds of TOYOTA MOTOR

JCR Assigned A Rating to Bonds of Rakuten Group

Highlights of Electric Power Companies' Financial Results for Fiscal Year Ended March 2022

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

JCR Assigned BBB to Daiwa Green Finance Program Trust Beneficial Interest and Trust ABL (Kumamoto Kikuchi Solar Power Plant)

JCR Assigned Green 1 to Daiwa Green Finance Program ABL

JCR Assigned Green 1 to Daiwa Green Finance Program Trust Beneficiary Interests

May. 26, 2022

JCR Assigned AA- Rating to Bonds of Asahi Group HD

JCR Assigned AA- Rating to Bonds of TOKYU

JCR Provided a Third Party Opinion to Positive Impact Finance provided by Sumitomo Mitsui Trust Bank to Sekisui House Reit

May. 25, 2022

Increase in CP Maximum Amount of DAIKEN; Affirmed J-2

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

JCR Affirmed A/Positive Long-term Issuer Rating on Hiroshimashi Credit Cooperative

JCR Affirmed AA/Stable and J-1+ on Kyoei Fire and Marine Insurance

JCR Assigned AA- Rating to Bonds of KURARAY

Highlights of Oil Distributors' Financial Results for Fiscal Year Ended March 2022

Highlights of Semiconductor Production Equipment Manufacturers' Financial Results for Fiscal Year Ended March 2022

JCR Assigned AA to Oxygen Capital Limited Series 180

JCR Assigned AA- to Ascent Finance Limited Series 2022-1014

JCR Affirmed AA- on Bonds of Zenkyoren 1st Subordinated Loan Securitization Company Limited

May. 24, 2022

JCR Affirmed A-/Stable and J-1 on Kyoto Shinkin Bank

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

May. 23, 2022

JCR Solicits Public Comments on Revisions to Rating Methodologies for "Credit Sales and Credit Cards" and "Consumer Finance"

JCR Affirmed AA+p Long-term Issuer Rating on Shin-Etsu Chemical; Revised Outlook to Positive

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL 22-05

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 22-05

May. 20, 2022

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

JCR Affirmed AA+/Stable Long-term Issuer Rating on NARITA INTERNATIONAL AIRPORT