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Apr. 21, 2026

JCR Affirmed AA-/Stable and J-1+ on NIPPON SANSO HDNEW

JCR Affirmed A-/Stable Long-term Issuer Rating on Ehime BankNEW

JCR Affirmed A+/Stable Long-term Issuer Rating on OITA BANKNEW

JCR Assigned AA Rating to Bonds of Kyushu Electric PowerNEW

JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL 26-04NEW

JCR Affirmed AA on Securitization of Loans Receivable 202203NEW

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

Apr. 20, 2026

JCR Assigned A/Stable Long-term Issuer Rating to LOGISTEED Holdings and affirmed A/Stable Issuer Rating on LIGISTEED

JCR Upgraded Long-term Issuer Rating on Takasago Thermal Engineering to A+/Stable; Affirmed J-1 on CP

JCR Affirmed A- and J-1 on SAPPORO HD; Revised Outlook to Positive

JCR Affirmed J-1 Rating on CP of TOKAI HD

JCR Affirmed AA+/Stable Long-term Issuer Rating on JAPAN TOBACCO

JCR Affirmed AA/Stable Long-term Issuer Rating on Japan Freight Railway

Japan: Post-Issuance Verification Report for CBI Certification of Japan Climate Transition Bond (1st)

Apr. 17, 2026

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

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

JCR Assigned AA Rating to Bonds of Kyushu Electric Power

JCR Assigned A Rating to Bonds of SEIBU HD

JCR Assigned AA+ Rating to Bonds of Electric Power Development

JCR Assigned AA Rating to Bonds of Tokyo Waterfront Area Rapid Transit

JCR Assigned AA Rating to Bonds of Sumitomo Mitsui Banking Corporation

JCR Assigned AA- Rating to Bonds (Tier 2 with loss absorption clause) of Yokohama Financial Group

JCR Withdraws A- Long-term Issuer Rating on RYODEN

Apr. 16, 2026

JCR Affirmed AA/Stable Long-term Issuer Rating on Gravity AH

JCR Assigned BBB+ Rating to Bonds of GENDA

JCR Assigned AA+ Rating to Bonds of JAPAN POST HD

JCR Assigned AAA Rating to Bonds of East Nippon Expressway

JCR Assigned AA (fp) Fund Portfolio Rating to GOUDOUKINSHIN (Fund No. 550255000)

Apr. 15, 2026

INFRONEER HD Announces Share Acquisition of Swing Corporation, a Leading Water Treatment Engineering Company - No Immediate Impact on Rating. Watch the Future Financial Leverage

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