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Sep. 30, 2026: JCR Upgraded Long-term Issuer Rating on Makino Milling Machine to A/StableNEW; JCR Removed Credit Monitor; Affirmed AA- on NIPPON STEEL ENGINEERING; Placed Stable OutlookNEW; JCR Affirmed A/Stable Long-term Issuer Rating on SanrioNEW; JCR Affirmed AA/Negative FC Long-term Issuer Rating on Electricite de FranceNEW; JCR Affirmed AAA/Stable Long-term Issuer Rating on Japan Bank for International CooperationNEW; JCR Assigned Preliminary A+ Rating to Subordinated Bonds of DAIWA HOUSE INDUSTRYNEW; JCR Assigned A+ Rating to Subordinated Loan of Fukokushinrai Life InsuranceNEW; [ Asset Securitization Products ] JCR Assigned AAA to Trust ABL 202609 (Contract No. 94-82002)NEW; JCR Withdraws A- Long-term Issuer Rating on Wakkanai Shinkin BankNEW; Kawasaki Heavy Industries: Post-execution Verification Report on Sustainability Linked LoanNEW; Chuo-Nittochi Group: Post-issuance Verification Report on Sustainability Linked BondNEW; Kawasaki Kisen: Second Party Opinion on Transition Linked Loan Framework (Review)NEW; Development Bank of Japan: Second Party Opinion on Transition Bonds Framework (Review)NEW; ALPICO HOLDINGS, Hachijuni Nagano Bank: Second Party Opinion on Sustainability Linked LoanNEW; Kawasaki Heavy Industries, Sumitomo Mitsui Trust Bank: Second Opinion on Positive Impact AssessmentNEW; Santoku Fudosan and SEA-LIFE AGRI, The Chiba Bank: Second Opinion on Positive Impact AssessmentNEW; APEST, The Chiba Bank: Second Opinion on Positive Impact AssessmentNEW; Shuto Pless Kogyo, The Ashikaga Bank: Second Opinion on Positive Impact FinanceNEW; Fukuda Real Estate, The Bank of Kyoto: Second Opinion on Positive Impact FinanceNEW; MUGEN ESTATE, The Keiyo Bank: Second Opinion on Positive Impact FinanceNEW; Kumano Shoukai, THE SAITAMAKEN SHINKIN BANK: Second Opinion on Positive Impact FinanceNEW; KI HOLDINGS, San ju San Bank: Second Opinion on Positive Impact FinanceNEW; YAMATO JUKEN, San ju San Bank: Second Opinion on Positive Impact FinanceNEW; TAKAYAMAKASEI, San ju San Bank: Second Opinion on Positive Impact FinanceNEW; Toyodakikai, THE SHIZUOKA BANK: Second Opinion on Positive Impact FinanceNEW; MEDL, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW; TechShare, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW; Next east, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW; Mediwels, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW; Realize Corporation, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW; Maruisangyo, The Shoko Chukin Bank and Anan Shinkin Bank: Second Opinion on Positive Impact FinanceNEW; Yoichiya, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW; Ishigaki Gears Manufacturing, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW; Daishin Paint, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW; TAIYO HOLDING, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW; YUFU GOSEI KAGAKU, The Shoko Chukin Bank: Second Opinion on Positive Impact FinanceNEW; ADTANK, The Chiba Bank: Second Opinion on Positive Impact FinanceNEW; Archicept, The Chiba Bank: Second Opinion on Positive Impact FinanceNEW; Yamatozaitaku, The Chiba Bank: Second Opinion on Positive Impact FinanceNEW; KOTOSEN, The Chugoku Bank: Second Opinion on Positive Impact FinanceNEW; Matsuzawa, Hachijuni Nagano Bank: Second Opinion on Positive Impact FinanceNEW; STEP, The Nanto Bank: Second Opinion on Positive Impact FinanceNEW; SNK TECHNO, The Hyakugo Bank: Second Opinion on Positive Impact FinanceNEW; Establish Control Center, The Hokkaido Bank: Second Opinion on Positive Impact FinanceNEW; Establish Control Center, The Hokuriku Bank: Second Opinion on Positive Impact FinanceNEW; SANJOKOUMUTEN, The Nanto Bank: Second Opinion on Positive Impact FinanceNEW

Sep. 29, 2026: JCR Affirmed A- Long-term Issuer Rating on DAIICHI JITSUGYO; Revised Outlook to Positive; JCR Affirmed A (FC) on Samvardhana Motherson International; Revised Outlook to Positive; JCR Affirmed A/Stable Long-term Issuer Rating on TOC; JCR Affirmed AA+p/Stable Long-term Issuer Rating on West Japan Railway; JCR Affirmed A-/Stable and J-1 on Rakuten Group; JCR Affirmed A-/Stable and J-1 on Rakuten Card; JCR Affirmed A-/Stable and J-1 on Rakuten Bank; JCR Affirmed A-/Stable Long-term Issuer Rating on Rakuten Securities; JCR Affirmed A-/Stable Long-term Issuer Rating on Rakuten General Insurance; JCR Affirmed A-/Stable Long-term Issuer Rating on Rakuten Life Insurance; Naricho Taxi, Aomori Michinoku Bank: Second Opinion on Positive Impact Finance; M-TRADING, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; KAMIITA SOSEI, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; JECT ONE, The Chiba Bank: Second Opinion on Positive Impact Finance

Sep. 28, 2026: [ Asset Securitization Products ] JCR Assigned AAA and A to TEPCO Fintech Leases Receivable Securitization 2026-01; Kansai Electric Power: Reviewed Climate Transition Finance Framework Evaluation: Green 1(T)(F); SKY Perfect JSAT, Sumitomo Mitsui Trust Bank: Second Party Opinion on Sustainability Linked Loan; Iyasaka Jidousya, Aomori Michinoku Bank: Second Opinion on Positive Impact Finance; Numatakigyou, The Joyo Bank: Second Opinion on Positive Impact Finance