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Nov. 28, 2025

JCR Assigned A/Stable Long-term Issuer Rating to One Private REITNEW

JCR Upgraded Long-term Issuer Rating on SKY Perfect JSAT HD to A+/StableNEW

JCR Affirmed A-/Stable Long-term Issuer Rating on TAKAMATSU CONSTRUCTION GROUPNEW

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

JCR Affirmed A-/Negative FC Long-term Issuer Rating on FORVIANEW

JCR Assigned AA Rating to Bonds of Kyushu Electric PowerNEW

JCR Assigned A- Rating to Bonds of KYOEI STEELNEW

JCR Assigned AA Rating to Bonds of TOKYUNEW

JCR Assigned AA- Rating to Bonds of Nippon YusenNEW

JCR Assigned A Rating to Bonds of Hokuetsu CorporationNEW

JCR Assigned AA- Rating to Bonds of Hirogin HDNEW

[ Asset Securitization Products ] JCR Assigned J-1+ to Hokuriku Bank A Corporation Bills & Electronically Recorded Receivables ABL 25-11NEW

JCR Upgraded SPIRE SA Series 2025-167, 2025-228 and 2025-230 to AANEW

FUJI SASH: Assigned Green Loan Framework Evaluation: Green 1(F)NEW

KOUEI HOME, THE KYOTO CHUO SHINKIN BANK: Second Opinion on Positive Impact FinanceNEW

Toshin Juhan, THE SHIMIZU BANK: Second Opinion on Positive Impact FinanceNEW

DIAMOND HOTEL, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW

KAWASHIMA CONCRETE INDUSTRY, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW

JCR Withdraws BBB Long-term Issuer Rating on Mitsubishi Steel Mfg.NEW

Nov. 27, 2025

JCR Assigned Preliminary AA to Bonds of Republic of Angola

JCR Upgraded Rating on MUFG Finance and Leasing to AA-/Stable and J-1+

JCR Affirmed AA/Stable and J-1+ on Mitsubishi UFJ NICOS

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

JCR Affirmed A+/Stable and J-1 on Orient Corporation and Orico Product Finance and J-1 on Orico Auto Leasing; Assigned A+ to Bonds of Orient Corporation

JCR Affirmed AA-/Stable and J-1+ on MIZUHO Leasing, Mizuho-Toshiba Leasing and Mizuho Marubeni Leasing

JCR Affirmed A+/Stable Long-term Issuer Rating on OSAKA STEEL

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

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

JCR Assigned A+ Rating to Bonds of Denka

JCR Assigned AA- Rating to Bonds of Hokkaido Electric Power