Latest Ratings

Jul 30, 2010

	Issuer	New Ratings	Reviewed
Nomura Europe Finance N.V.			AA-
Nomura Global Funding			AA-
Nomura Bank International			AA-
Matsumotokiyoshi Holdings			Withdrawn(A / J-1)
NEC Tokin			BBB+ / Stable
Yuasa Funashoku			Withdrawn(J-2)
Allianz Fire & Marine Insurance Japan			Withdrawn(AA)
JSF Trust & Banking			A+ / Stable J-1+
Shinhan Bank Japan			BBB => BBB+ / Stable
Japan Securities Finance			AA- / Stable J-1+
Gifu Bank			BBB- / Stable => #BBB- / Positive BB+ => #BB+
Howa Bank			BBB- / Stable BB+
Asax			J-2
HB Asset Funding (Hiroshima)		J-1
Akebono Investment		J-1
Fantastic Funding		J-1+

Jul 29, 2010

	Issuer	New Ratings	Reviewed
Rakuten KC		BBB+ / Stable J-2
Oriental Yeast			A / Stable => #A / Positive
Mitsubishi Rayon			A+ / Stable
Mitsubishi Chemical			A+ / Stable J-1
Mitsubishi Chemical Holdings		A+ / Stable
Mitsubishi Plastics			A+ / Stable J-1
Mitsubishi Tanabe Pharma			A+p / Stable
Sanyo Electric			A+ / Stable => #A+ / Positive J-1 => #J-1
Japan Finance Corporation		AAA
Ehime Bank		BBB+
Ricoh Leasing			AA- / Stable J-1
Sumitomo Mitsui Finance and Leasing		AA-
Chigin Kyodo Funding/Nishi-Nippon City Bank		J-1
Resona Bank (A&D)		J-1+
Chugoku Electric Power		AAA

Jul 28, 2010

	Issuer	New Ratings	Reviewed
Nagatanien		BBB
Taiko Bank			A / Stable A-
Jupiter Asset		J-1

Jul 27, 2010

	Issuer	New Ratings	Reviewed
Frontier Asset		J-1

Jul 26, 2010

	Issuer	New Ratings	Reviewed
Norinchukin Trust & Banking (Medical System Network)		J-1+