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Oct. 31, 2025

JCR Placed Rating on SCSK under Credit Monitor #A+/Positive

JCR Assigned AA-/Stable Long-term Issuer Rating to FFG Lease

JCR Upgraded Long-term Issuer Rating on Toyo Tire to A+/Stable; Affirmed J-1 on CP

JCR Upgraded Long-term Issuer Rating on Canadian Solar Infrastructure Fund to A+/Stable

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

JCR Affirmed A/Stable Long-term Issuer Rating on Amagasaki Shinkin Bank

JCR Affirmed A+/Stable and J-1 on Fukuoka Financial Group and AA-/Stable on BANK OF FUKUOKA, Kumamoto Bank, Juhachi-Shinwa Bank and FUKUOKA CHUO BANK

JCR Affirmed A/Stable Long-term Issuer Rating on Enex Infrastructure Investment Corporation

JCR Affirmed A-/Stable Long-term Issuer Rating on Tokyo Infrastructure Energy Investment Corporation

JCR Assigned Preliminary A- Rating to Subordinated Bonds of Tokyu Fudosan HD

JCR Assigned Preliminary A+ Rating to Shelf Registration of Tokyu Fudosan HD

JCR Assigned Preliminary A+ Rating to Shelf Registration of TSUBAKIMOTO CHAIN

JCR Assigned Preliminary A+ Rating to Shelf Registration of HASEKO

JCR Affirmed and Assigned BBB+ to Notes of REDI Core Issuer LLC

JCR Assigned Preliminary A to Senior Beneficial Interest 7931601 Series 10

JCR Affirmed AA to Long-term Issue Rating of Yamabuki Credit Service LLC

JCR Assigned Preliminary A(fp) Fund Portfolio Rating to SAIMUHOSHOU GOUDOUKINSHIN <202512>

NS UNITED KAIUN: Assigned Climate Transition Finance Framework Evaluation: Green 1(T)(F)

EXEO Group: Reviewed Green Bond Evaluation: Green 1

Shibusawa Logistics: Post-issuance Verification Report on Sustainability Linked Bond

Tokyu Fudosan Holdings: Second Party Opinion on Sustainability Linked Finance Framework

Mizuho Bank: Second Party Opinion on Mizuho Avoid Emissions Impact Finance Framework

Mifunekyoei, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

Loop, Aomori Michinoku Bank: Second Opinion on Positive Impact Finance

shibuyashoji, The Juhachi-Shinwa Bank: Second Opinion on Positive Impact Finance

SHINMIRAI, The Hokkoku Bank: Second Opinion on Positive Impact Finance

Oct. 30, 2025

DAIWA HOUSE INDUSTRY Announces Tender Offer to Make SUMITOMO DENSETSU a Wholly Owned Subsidiary—Confirming Performance and Financial Direction to Reflect in Rating

Sumitomo Electric Industries Announces Tender Offer for Sumitomo Riko—No Immediate Impact on Rating

JCR Placed Rating on Sumitomo Riko under Credit Monitor #A/Positive and #J-1/Positive

NEC Acquires Software Company for Telecom/Broadband Operators - No Immediate Impact on Rating