Japan Credit Rating Agency, Ltd.

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Apr. 18, 2019: CPI Property Group S.A. Faces a Lawsuit Filing by a Hedge Fund - No Immediate Impact on Rating; JCR Assigned A Rating to Bonds of TEPCO Power Grid; JCR Assigned BBB+ Rating to Bonds Issued by Cantor Fitzgerald; JCR Assigned Preliminary AA- Rating to Shelf Registration of NGK SPARK PLUG; JCR Affirmed AA-/Stable Long-term Issuer Rating on HAMAMATSU PHOTONICS; JCR Affirmed BBB+/Stable Long-term Issuer Rating on SHINNIHON; JCR Affirmed AA/Stable Long-term Issuer Rating on NITTO DENKO; JCR Affirmed AA+p/Stable Long-term Issuer Rating on Shin-Etsu Chemical; JCR Affirmed A/Stable Long-term Issuer Rating on Miyazaki Bank

Apr. 17, 2019: JCR Assigned preliminary Social 1 to the Bonds of ANA HOLDINGS; NIDEC to Acquire Stock in OMRON Automotive Electronics - Positive Outlook Unchanged; JCR Upgraded Rating on HEIWA REAL ESTATE REIT from A/Positive to A+/Stable; JCR Affirmed A Rating on KONAMI HOLDINGS; Revised Outlook from Stable to Positive; JCR Assigned A Rating to Bonds of Showa Denko; JCR Assigned AA+ Rating to Bonds of Electric Power Development; JCR Affirmed A+/Stable, A+ and Preliminary A+ on Daicel

Apr. 16, 2019: JCR Affirmed AA- Rating on Hulic Reit; Revised Outlook from Stable to Positive; JCR Assigned A Rating to Subordinated Bonds of Tokyo Century; JCR Affirmed BBB+/Stable, BBB+, and J-2 on Tokai Tokyo Financial Holdings
JCR Affirmed BBB+/Stable Long-term Issuer Rating on Tokai Tokyo Securities; JCR Affirmed BBB+/Stable Long-term Issuer Rating on OKASAN SECURITIES GROUP
JCR Affirmed BBB+/Stable Long-term Issuer Rating on OKASAN SECURITIES

Apr. 15, 2019: JCR Assigned J-1 Rating to CP of IHI Finance Support; JCR Affirmed A+/Stable and A+ on EXEDY; JCR Affirmed A on SGET Usa Mega Solar Power Station Project Beneficial Interest

Apr. 12, 2019: JCR Assigned A/Stable Long-term Issuer Rating to SANKEI BUILDING; JCR Downgraded Ratings on Italy to A/A (FC/LC); Changed Outlook from Negative to Stable; JCR Assigned A Rating to Bonds of DIC; JCR Assigned A- Rating to Bonds of SoftBank Group; JCR Assigned A+ Rating to Subordinated Bonds of Aflac Life Insurance Japan; JCR Assigned AA Rating to Bonds of Kanagawa Prefectural Housing Supply Corporation; JCR Assigned A Rating to Bonds of NIPPON REIT Investment Corporation

Issuer
Apr. 19, 2019
Poland
Apr. 15, 2019
Hungary
Mar. 25, 2019
Royal Bank of Scotland Group (The)
National Westminster Bank
NatWest Markets
Mar. 20, 2019
Turkey
Feb. 19, 2019
Bharat Oman Refineries
Feb. 13, 2019
Nippon Yusen
Mitsui O.S.K. Lines
Kawasaki Kisen

Feb. 20, 2019: [Meeting on Newly Rated Entity] Bharat Oman Refineries (held on Feb. 19, 2019)
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)

Mar. 20, 2019: JCR Rating Transition Matrices and Cumulative Default Rates
Jan. 04, 2019: New Year's Message
Jan. 04, 2019: JCR's Rating Results for 2018
Dec. 18, 2018: Notice Regarding Personnel Transfers
Dec. 10, 2018: Results of verifying whether the model bond issuance is in line with MOE's green bond guidelines, which was conducted by Ministry of Environment as a project for creating a green bond model for FY2018
Dec. 07, 2018: Hosting ACRAA’s Annual Meeting and Seminar
Dec. 05, 2018: Lecture at The University of Tokyo – GraSPP