Japan Credit Rating Agency, Ltd.

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Feb. 21, 2020: JCR Upgraded Ratings of Hungary and National Bank of Hungary to A-/A (FC/LC); Revised Outlook to Stable; JCR Assigned BBB+ Rating to Bonds of Makino Milling Machine; JCR Assigned AA Rating to Bonds of Sumitomo Electric Industries; JCR Affirmed A+/Stable, A+ and J-1 on NH Foods; JCR Assigned A+ Rating to Bonds of Mitsubishi Chemical Holdings; JCR Assigned AA- Rating to Bonds of Hitachi Capital; JCR Assigned A+ Rating to Bonds of ACOM; JCR Affirmed AA-/AA (FC/LC) Ratings on China with Stable outlook; JCR Affirmed AAAp Rating on European Bank for Reconstruction and Development with Stable Outlook

Feb. 20, 2020: JCR Assigned AA Rating to Bonds of Tohoku Electric Power; JCR Assigned AA- Rating to Bonds of Hankyu Hanshin Holdings; JCR Affirmed AA-/Stable, AA-, Preliminary AA- and J-1+ on RICOH LEASING; JCR Affirmed BBB/Stable Long-term Issuer Rating on BANK OF KOCHI; [ Asset Securitization Products ] JCR Assigned J-3 to Narasaki Stax Accounts Receivable ABL20-02

Feb. 19, 2020: JCR Assigned AA Rating to Bonds of Chubu Electric Power; JCR Affirmed A-/Stable, A- and J-1 on MITSUBISHI MATERIALS; JCR Affirmed AA/Stable, AA, Preliminary AA and J-1+ on Sumitomo Electric Industries; JCR Affirmed AA-/Stable Long-term Issuer Rating on Sony Bank; JCR Affirmed BBB/Stable Long-term Issuer Rating on TOHOKU BANK; [ Asset Securitization Products ] JCR Assigned Preliminary J-1 to Aso Shoji Bills Receivable ABL20-02; [ Asset Securitization Products ] JCR Assigned J-1 to Medical Treatment Fees Receivable ABL20-02 (F Hospital); [ Asset Securitization Products ] JCR Affirmed J-1 on Medical Treatment Fees Receivable ABL Program (H Hospital)

Feb. 18, 2020: JCR Removed Credit Monitor; Upgraded Rating on PARCO from #A/Positive to A+; Placed Stable Outlook; Affirmed J-1 on CP; JCR Affirmed AA Ratings on Corporacion Andina de Fomento with Stable Outlook; JCR Affirmed AA/Stable and AA on Daiwa Office Investment Corporation

Feb. 17, 2020: JCR Affirmed A+/Stable, A+ and Preliminary A+ on Mitsubishi Chemical Holdings; JCR Affirmed A/Stable Long-term Issuer Rating on SEIREN; JCR Affirmed BBB/Stable Long-term Issuer Rating on Soken Chemical & Engineering; JCR Affirmed AA/Stable Long-term Issuer Rating on 77 Bank; JCR Affirmed AA+/Negative Long-term Issuer Rating on Shoko Chukin Bank

Issuer
Feb. 21, 2020
Hotel Lotte
Feb. 12, 2020
Malayan Banking
Lotte Shopping
Feb. 10, 2020
Vena Energy Holdings
Vena Energy Capital
Hyundai Capital Services
Dec. 27, 2019
Moya Holdings Asia
Dec. 11, 2019
Shinhan Bank Japan
Dec. 05, 2019
Hanwha Chemical Corporation
Nov. 21, 2019
Adaro Energy

Dec. 14, 2017: [Global Report] <Seminar Material>JAPAN: Economic Policy After General Election and Sovereign Credit Perspective for 2018 (held on Dec. 5, 2017)
Sep. 08, 2017: [Grobal Report] <Seminar Material>JCR Seminar; Sovereign Credit Analysis of JAPAN (held on Aug. 21, 2017)