News Release

Sep. 17, 2020

JCR Assigned Preliminary AA- Rating to Shelf Registration of Sumitomo Warehouse

JCR Assigned AA Rating to Bonds of GLP J-REIT

JCR's Rating Review of Foreign Exchange (FX) Margin Trading Intermediaries

JCR Affirmed A/Stable Long-term Issuer Rating on FIRST BANK OF TOYAMA

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

JCR Affirmed A+ on Mirach Limited Series 1906-M01

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

JCR Affirmed A+ on Spica Limited Series 1910-S12

Sep. 16, 2020

JCR Affirmed A- on JETS International Five Limited Series 178

Mitsui Fudosan Logistics Park's Issuance of New Investment Units, Secondary Offering of Investment Units and Acquisition of Properties - Significant Expansion of Asset size; JCR Will Watch Developments Such as Management Conditions after Acquisition

JCR Affirmed BBB+/Stable, BBB+ and BBB- on Hitachi Zosen

Sep. 15, 2020

JCR Reviewed the Bonds of Odakyu Electric Railway

JCR Assigned A+ Rating to Bonds of SUMITOMO HEAVY INDUSTRIES

JCR Affirmed AA-/Stable, AA-, A+ and A- on Nomura Holdings
JCR Affirmed AA-/Stable Long-term Issuer Rating on Nomura Securities
JCR Affirmed AA-/Stable Long-term Issuer Rating on Nomura Bank International
JCR Affirmed AA- Rating on EMTN of Nomura Europe Finance
JCR Affirmed AA- Rating on EMTN of Nomura Global Finance

JCR Affirmed AA-/Stable Long-term Issuer Rating on Nomura Trust and Banking

JCR Affirmed A+/Stable, A+, BBB+ and Preliminary A+ on Daiwa Securities Group
JCR Affirmed A+/Stable Long-term Issuer Rating on Daiwa Securities

JCR Affirmed J-2 Rating on CP of TSUBAKIMOTO KOGYO

JCR Affirmed BBB Rating on Adaro Energy with Stable Outlook

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to BANK OF FUKUOKA C Corporation Bills & Electronically Recorded Receivable ABL 20-09

Sep. 14, 2020

JCR Affirmed A- Rating on Tokyo Star Bank; Revised Outlook from Positive to Stable

JCR Assigned Preliminary A- Rating to Shelf Registration of Central Glass

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

JCR Assigned Preliminary AA- to Securitization of Leases Receivable from SB 202009

JCR Assigned Preliminary AA- to Securitization of Loans Receivable from SB 202009

Sep. 11, 2020

JCR Provided pre-issuance verification report to PET Refine Technology

JCR Assigned AAA/Stable Long-term Issuer Rating to TOYOTA FINANCE

JCR Assigned AAA/Stable Long-term Issuer Rating to TOYOTA MOTOR; Withdraws J-1+ Rating on CP

JCR Affirmed A- Rating on Mazda Motor; Revised Outlook from Stable to Negative

JCR Assigned AA Rating to Bonds of DAIKIN INDUSTRIES

JCR Assigned A- Rating to Bonds of ASAHI BROADCASTING GROUP HOLDINGS

JCR Assigned A- Rating to Bonds of SENKO Group Holdings

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

JCR Affirmed A+ Rating on SEIBU SHINKIN BANK; Revised Outlook from Negative to Stable

JCR Assigned Preliminary AAA Rating to Shelf Registration of NTT FINANCE

JCR Assigned A- Bonds/Green Bonds Ratings to Be Issued by Hungary

JCR Assigned AAA Rating to Bonds of Tokyo Metro

JCR Affirmed A/Positive, A and Preliminary A on KONAMI HOLDINGS

JCR Affirmed J-2 Rating on CP of TOKAI Holdings

Sep. 10, 2020

JCR Downgraded Rating on UNIZO Holdings from #BBB+/Negative to #BBB/Negative; Maintains Credit Monitor

JCR Assigned AA Rating to Bonds of Tohoku Electric Power

JCR Assigned AA Rating to Bonds of ORIENTAL LAND

JCR Assigned A+ Rating to Bonds of YOKOHAMA MINATOMIRAI RAILWAY

JCR Assigned Preliminary A+ Rating to Shelf Registration of AIR WATER

JCR Assigned AAA Rating to Bonds of Development Bank of Japan

JCR Affirmed AA+ Rating on Quebec with Stable Outlook

Sep. 09, 2020

JCR Assigned AA Rating to Bonds of DAIWA HOUSE INDUSTRY

JCR Assigned AAA Rating to Bonds of Central Nippon Expressway

Sep. 08, 2020

JCR Provided Pre-issuance Verification Report to Penta-Ocean Construction

JCR Assigned Green 1 (Preliminary Evaluation) to Bonds no. 5 Issued by Penta-Ocean Construction

JCR Affirmed BBB+ and J-2 Rating on Daio Paper; Revised Outlook from Stable to Positive

JCR Assigned A- Rating to Bonds of Sojitz

JCR Assigned A+ Rating to Bonds of THK

JCR Assigned Preliminary A+ Rating to Shelf Registration of Mitsubishi Chemical Holdings

JCR Affirmed BBB+/Stable Long-term Issuer Rating on FIDEA Holdings
JCR Affirmed BBB+/Stable Long-term Issuer Rating on SHONAI BANK
JCR Affirmed BBB/Stable Long-term Issuer Rating on Hokuto Bank

Sep. 07, 2020

JCR Affirmed BBB Rating on KISOJI; Revised Outlook to Negative

JCR Assigned Pre. A- Rating to Subordinated Bonds of MORI BUILDING

JCR Assigned Pre. A+ Rating to Shelf Registration of MORI BUILDING

JCR Affirmed AA-/Stable, AA- and J-1+ on Mori Trust Holdings

JCR Affirmed AA on EMTN of ITOCHU and ITOCHU Treasury Centre Europe

JCR Affirmed A-/Stable, A-, Preliminary A- and J-1 on Sojitz

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

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

JCR Affirmed A/Stable, A, Preliminary A and J-1 on POCKET CARD

Sep. 04, 2020

JCR Assigned Green 1(F) to Green Bond Framework of Asahi Group Holdings

JCR Assigned Green 1(Final Evaluation) to the 7th and 8th Bonds Issued by Daiwa Office Investment Corporation

JCR Assigned AA Rating to Bonds of Daiwa Office Investment Corporation

JCR Assigned A Rating to Bonds of Anicom Holdings

JCR Affirmed AA-/Stable, AA- and Preliminary AA- on Global One Real Estate Investment Corporation

Sep. 03, 2020

JCR Assigned Social 1(F) to Social Bond Framework of National University Corporation, the University of Tokyo

JCR Upgraded Rating on KYOWA EXEO from A/Positive and A to A+/Stable and A+

JCR Assigned A Rating to Bonds of MAEDA

JCR Assigned AA- Rating to Bonds of Invesco Office J-REIT

JCR Assigned AA Rating to Bonds of Sekisui House Reit

JCR Assigned AA Rating to Bonds of Chubu Electric Power

JCR Assigned AA Rating to Bonds of Chugoku Electric Power

Sep. 02, 2020

JCR Assigned SU1(F) to Sustainability Finance Framework of GLP J-REIT

JCR Upgraded Rating on Takara Leben Infrastructure Fund from A-/Positive to A/Stable

JCR Assigned A- Rating to Bonds (Tier 1 with loss absorption clause) of Sumitomo Mitsui Financial Group

JCR Assigned A+ Rating to Bonds of Fuyo General Lease

JCR Affirmed BBB+/Stable Long-term Issuer Rating on Pacific Golf Management

Sep. 01, 2020

JCR Assigned A- Rating to Bonds of Yasuda Logistics

JCR Assigned Preliminary AA- Rating to Shelf Registration of Meiji Holdings

JCR Assigned Preliminary AA- Rating to Shelf Registration of SAIBU GAS

JCR Affirmed A-/Stable and J-1 on AEON KYUSHU

JCR Affirmed A+/Stable, A+ and J-1 on ITOCHU ENEX

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

JCR Affirmed BBB/Positive Long-term Issuer Rating on DAIKI ALUMINIUM INDUSTRY

JCR Affirmed AA Ratings on Electricite de France with Stable Outlook

JCR Assigned A to Ascent Finance Limited Series 2020-1053

JCR Affirmed A+ on Beneficial Interest and ABL of Securitization of Loans Receivable

Aug. 31, 2020

JCR Reviewed Trust Beneficiary Rights 201812 (Contract No. 00012883)

JCR Downgraded Rating on Sanken Electric from BBB+/Negative to BBB/Negative

JCR Affirmed A-/Stable, A- and J-1 on Chuo-Nittochi Group

JCR Affirmed BBB/Stable Long-term Issuer Rating on Oenon Holdings

JCR Affirmed A-/Stable Long-term Issuer Rating on San ju San Financial Group, Mie Bank and Daisan Bank

JCR Affirmed AA-/Stable, AA- and J-1+ on JCB

[ Asset Securitization Products ] JCR Assigned J-1+ to Teral Bills & Electronically Recorded Receivable ABL 20-08

JCR Withdraws J-2 Rating on CP of RESORTTRUST

JCR Withdraws AA- Rating on EMTN Program of Suntory Beverage & Food

Aug. 28, 2020

JCR Placed Rating on MCUBS MidCity Investment Corporation under Credit Monitor #AA-/Positive