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Feb. 24, 2026

JCR Upgraded Long-term Issuer Rating on Pan Pacific International HD to AA-/StableNEW

JCR Upgraded Long-term Issuer Rating on UCS to AA-/StableNEW

JCR Assigned BBB Rating to Subordinated Loan of ZENSHO HDNEW

Sankyo Tateyama: Post-execution Verification Report on Sustainability Linked LoanNEW

Feb. 20, 2026

JCR Affirmed A+/Stable and J-1 on Sumitomo Bakelite

JCR Affirmed A/Stable and J-1 on TOYOBO

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

JCR Assigned A Rating to Bonds of Tokyo Tatemono

JCR Assigned A Rating to Bonds of TEPCO Renewable Power

JCR Assigned AA- Rating to Bonds of TOYODA GOSEI

JCR Assigned AA Rating to Bonds of Mitsubishi HC Capital

JCR Assigned A Rating to Bonds (Tier 1 with loss absorption clause) of Shoko Chukin Bank

[ Asset Securitization Products ] JCR Assigned J-1 to Class B Specified Loan Program (No.100055)

Asagiri, THE SHIMIZU BANK: Second Opinion on Positive Impact Finance

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

Kagawa Eco Recycle, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

Feb. 19, 2026

JCR Upgraded Long-term Issuer Rating on Asahi Mutual Life Insurance to A/Stable

JCR Affirmed AA-/Stable and J-1+ on Fuyo General Lease and Sharp Finance

JCR Affirmed AA/Stable Long-term Issuer Rating on NTT UD REIT Investment Corporation

JCR Affirmed A-/Stable Long-term Issuer Rating on Nippon Hotel & Residential Investment Corporation

JCR Assigned A Rating to Bonds of Kobe Steel

JCR Assigned A- Rating to Bonds (Tier 1 with loss absorption clause) of Nomura HD

JCR Assigned A+ Rating to Bonds of Hoshino Resorts REIT

Change in CP Maximum Amount of Sumitomo Metal Mining; Affirmed J-1+

[ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 26-02

JCR Assigned AA to Oxygen Capital Limited Series 183-4

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

Feb. 18, 2026

AIR WATER Releases the Investigation Report of the Special Investigating Committee, Revised Financial Forecast, Etc. - Limited Impact on the Rating, but Future Developments to Be Closely Watched

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

JCR Affirmed A/Stable Long-term Issuer Rating on Senshu Ikeda Bank