News Release

Aug. 07, 2020

JCR Affirmed AA-/Stable, AA- and Preliminary AA- on Z Holdings

JCR Affirmed AA+/Stable and J-1+ on Toa Reinsurance

JCR Assigned A+ to Ganymede Limited Series 2020-125

[ Asset Securitization Products ] JCR Affirmed A on ABL 17-03

Aug. 06, 2020

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

JCR Affirmed A+/Stable and A+ on HORIBA

JCR Affirmed A-/Stable, A- and J-1 on NIPPON STEEL KOWA REAL ESTATE

Aug. 05, 2020

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

JCR Assigned Green 1 (Preliminary Evaluation) to the 2nd Public Bonds Issued by Nagano Prefecture

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

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

JCR Affirmed AA-/AA (FC/LC) on Korea Electric Power Corporation

Aug. 04, 2020

JCR Upgraded Rating on Tokuyama from A-/Positive to A/Stable and from BBB to BBB+

JCR Assigned Green 1 (Preliminary) to the 7th Bonds issued by Daiwa Office Investment Corporation

JCR Assigned AA Rating to Bonds of Sumitomo Mitsui Finance and Leasing

JCR Assigned AA Rating to Bonds of United Urban Investment Corporation

JCR Assigned Preliminary A Rating to Shelf Registration of MAEDA

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

JCR Affirmed AA-/Stable, AA-, Preliminary AA- and J-1+ on Meiji Holdings

JCR Affirmed AA/Stable and J-1+ on HOYA

JCR Affirmed AAA (FC/LC) Ratings on Finland with Stable Outlook

Aug. 03, 2020

Revisions to Rating Methodology for General Methodology (Structured Finance)

JCR Assigned A-/Stable Long-term Issuer Rating to Star Asia Investment Corporation

JCR Placed Ratings on Seven & i Holdings and SEVEN-ELEVEN JAPAN under Credit Monitor #AA+/Negative

JCR Reviewed Bonds of SEIBU HOLDINGS

JCR Affirmed AAA/Stable and AAA on Japan Bank for International Cooperation

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

JCR Affirmed J-1 Rating on CP of SoftBank Group; Increase in CP Maximum Amount

Jul. 31, 2020

Renault's Announcement on Financial Results for 1st Half of 2020 - Downward Pressure on Rating

JCR Assigned Green 1 to Trust Beneficiary Rights 202007 (Contract No. 210252)

JCR Assigned Green 1(Final Evaluation) to 1st Unsecured Bond issued by GPSS Holdings

JCR Reviewed Bonds Issued by Meidensha

JCR Assigned AAA/Stable Long-term Issuer Rating to National University Corporation, the University of Tokyo

JCR Upgraded Canadian Solar Infrastructure Fund from A- to A/Stable

JCR Assigned A Rating to Bonds of One REIT

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 J-1 Rating to Specified Money Trust ABL Program 20-07

[ Asset Securitization Products ] JCR Assigned AAA, A and A- to Beneficial Interest 202007 (Contract No. 210252)

[ Asset Securitization Products ] JCR Assigned BB+ and Preliminary BB+ to Beneficial Interest 20-07

[ Asset Securitization Products ] JCR Assigned J-1+ to Teral Bills & Electronically Recorded Receivable ABL 20-07

JCR Withdraws A-/Stable Long-term Issuer Rating on NORITAKE

Jul. 30, 2020

Banco Santander Incurs Large Impairments - No Direct Impact On Rating But JCR Will Monitor Future Development of Earnings Capacity

JCR Assigned Green 1(F) to Green Finance Framework of Dream Energy

JCR Assigned Preliminary A to Shelf Registration of KUREHA; Affirmed A/Stable, A and J-1

JCR Assigned Preliminary A+ Rating to Shelf Registration of Keikyu

JCR Affirmed BBB+/Stable Long-term Issuer Rating on Japan Medical Alliance

[ Asset Securitization Products ] JCR Assigned J-1 to BANK OF FUKUOKA C Corporation Bills & Electronically Recorded Receivable ABL 20-07

[ Asset Securitization Products ] JCR Assigned J-1 to Aso Shoji Bills Receivable ABL 20-07

Jul. 29, 2020

JCR Assigned AAA Rating to Bonds of West Nippon Expressway

JCR Affirmed BBB+/A- (FC/LC) Ratings on Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara with Stable Outlook

JCR Assigned A+ Rating on Spica Limited Series 2007-S03

Jul. 28, 2020

JCR Affirmed A+/Stable and A+ on Nishi-Nippon Railroad

JCR Affirmed BBB/Stable Long-term Issuer Rating on TOYO KANETSU

JCR Affirmed BBB/Stable Long-term Issuer Rating on RENOVA

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Recievable ABL 20-07 (D Hospital)

Jul. 27, 2020

Ratings on Custody Bank of Japan

Jul. 22, 2020

JCR Assigned A Rating to Subordinated Bonds of Tokyo Century

JCR Assigned A Rating to Bonds of AEON Financial Service

JCR Assigned Preliminary A+ and A- Rating to Shelf Registration of Sumitomo Mitsui Trust Holdings

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

JCR Assigned AAA Rating to Bonds of Central Nippon Expressway

JCR Assigned AA- Rating to Bonds of Comforia Residential REIT

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

JCR Affirmed A+/Stable Long-term Issuer Rating on Kansai Mirai Financial Group
JCR Affirmed A+/Stable and J-1+ on Kansai Mirai Bank
JCR Affirmed A+/Stable and A on MINATO BANK

JCR Affirmed A-/A (FC/LC) Ratings on Thailand with Stable Outlook

JCR Affirmed A-/Stable and A- Rating on Starts Proceed Investment Corporation

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL 20-07

Jul. 21, 2020

Series 2020-1043

Daicel's Making Polyplastics a Wholly-Owned Subsidiary - Financials will Worsen; JCR Will Pay Attention to Growth Strategy and Initiatives to Improve Financials

JCR Assigned Green 1 (Preliminary Evaluation) to the 1st Bonds issued by Renova

JCR Assigned Green 1(F) to Green Bonds Framework of Renova

JCR Assigned AA- Rating to Bonds of SoftBank

JCR Affirmed AA-/Stable, AA-, A and J-1+ on Suntory Holdings

JCR Affirmed AA-/Stable, AA- and J-1+ on Suntory Beverage & Food

JCR Affirmed A/Stable Long-term Issuer Rating on KATO SANGYO

Jul. 20, 2020

JCR's Rating Review of Electric Power Companies

JCR Affirmed A+/Stable, A+, A- and Preliminary A+ on MORI BUILDING

JCR Affirmed AA/Stable, AA and Preliminary AA on DAIKIN INDUSTRIES

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

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

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 20-07

Jul. 17, 2020

JCR Assigned Green 1(F) to Green Finance Framework of Daiwa Office Investment Corporation

JCR Assigned A+ Rating to Bonds of Yokohama Rubber

JCR Affirmed BBB/Stable, BBB and J-2 on Daiei Real Estate & Development

JCR Affirmed AAp/Stable Long-term Issuer Rating on Hitachi

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

[ Asset Securitization Products ] JCR Assigned Preliminary AAA, Preliminary A and Preliminary A- to Beneficial Interest 202007 (Contract No. 210252)

[ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Receivable ABL 20-07 (F Hospital)

Jul. 16, 2020

JCR Assigned A/Stable Long-term Issuer Rating to Anicom Holdings
JCR Assigned A/Stable Long-term Issuer Rating to Anicom Insurance

[ Asset Securitization Products ] JCR Assigned Preliminary J-1 to BANK OF FUKUOKA C Corporation Bills & Electronically Recorded Receivable ABL 20-07

Jul. 15, 2020

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

JCR Affirmed A-/Stable and J-1 on SINANEN HOLDINGS

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

JCR Affirmed A-/Stable and A- on HOKUTO

Jul. 14, 2020

19-07

JCR Assigned AAA Rating to Bonds of Development Bank of Japan

Jul. 13, 2020

loan

lease

JCR Affirmed Ap/Stable Long-term Issuer Rating on TOYO INK SC HOLDINGS