News Release

Jun. 09, 2026

JCR Upgraded Long-term Issuer Rating on CRE Logistics REIT to AA-/StableNEW

JCR Affirmed A Long-term Issuer Rating on NIPPON STEEL KOWA REAL ESTATE Private REIT; Revised Outlook to PositiveNEW

JCR Assigned AA- Rating to Bonds of Nippon YusenNEW

[ Asset Securitization Products ] JCR Assigned Preliminary BBB- to Alice LTL Bond 2026/1NEW

[ Asset Securitization Products ] JCR Affirmed AA- on Oxygen Capital Limited Series 163NEW

Jun. 08, 2026

YAMADA HD and EDION Execute a Memorandum of Understanding Regarding Business Integration - JCR Will Watch Future Developments to Be Reflected in the Rating

JCR Solicits Public Comments on Revisions to Structured Finance Rating Methodology "General Methodology"

JCR Affirmed A+/Stable Long-term Issuer Rating on SUGI HD

JCR Affirmed A/Stable Long-term Issuer Rating on Yamanashi Chuo Bank

JCR Affirmed AA-/Stable Long-term Issuer Rating on Japan Private REIT

Jun. 05, 2026

T&D Insurance Group to Transfer T&D FINANCIAL LIFE INSURANCE - No Impact on the Group's Creditworthiness

JCR Placed Rating on T&D FINANCIAL LIFE INSURANCE under Credit Monitor #AA/Negative

JCR Affirmed A-/Stable Long-term Issuer Rating on TONO SHINKIN BANK

JCR Assigned AA- Rating to Bonds of JFE HD

JCR Assigned A Rating to Subordinated Bonds of JFE HD

JCR Assigned A Rating to Bonds of Shibusawa Logistics

JCR Assigned A- Rating to Bonds of Starzen

JCR Assigned AA- Rating to Bonds of Sumitomo Metal Mining

JCR Assigned BBB+ Rating to Subordinated Bonds of SoftBank Group

JCR Assigned AA- Rating to Bonds of Nissan Chemical

JCR Assigned A Rating to Bonds of JAPAN NUCLEAR FUEL

JCR Assigned A- Rating to Bonds of UACJ

JCR Assigned A- Rating to Bonds of AIFUL

Jun. 04, 2026

JCR Assigned AA-/Stable Long-term Issuer Rating to NTT Urban Development Private REIT

JCR Affirmed AA- Long-term Issuer Rating on AIR WATER; Revised Outlook to Negative

JCR Assigned AAA Rating to Bonds of NTT FINANCE

JCR Assigned A Rating to Bonds of Sumitomo Osaka Cement

[ Asset Securitization Products ] JCR Affirmed J-1+ on Telecommunication Fee Receivable Securitization ABL Program (Japan Securitization Corporation)

Jun. 03, 2026

JCR Affirmed AA/Stable and J-1+ on Marubeni

JCR Affirmed BBB+/Stable FC Long-term Issuer Rating on Shriram Finance

JCR Affirmed AAA/Stable (FC/LC) on Finland

JCR Assigned BBB+ Rating to Bonds of Premium Water HD

Jun. 02, 2026

JCR Assigned BBB+/Stable Long-term Issuer Rating to Aoyama Seisakusho

JCR Affirmed BBB-/Stable Long-term Issuer Rating on Sankyo Tateyama

JCR Assigned AA+ Rating to Bonds of Mitsubishi Estate

[ Asset Securitization Products ] JCR Affirmed BBB on General Investments (Cayman) Limited Series 2024-09

JCR Affirmed A on CS Mega Solar Green Project Bond Trust 1 Beneficial Interest and Trust ABL

JCR Affirmed A on Canadian Solar Green Project Bond Trust (Yamaguchi) Beneficial Interest and Trust ABL

Jun. 01, 2026

Revisions to "Rating Methodology for Local Public Bodies"

JCR Affirmed A- Long-term Issuer Rating on SHINNIHON; Revised Outlook to Positive

JCR Affirmed A+/Stable Long-term Issuer Rating on Star Asia Investment Corporation

JCR Affirmed AA-/Stable Long-term Issuer Rating on Daiwa Residential Private Investment Corporation

May. 29, 2026

JCR Assigned A+/Stable Long-term Issuer Rating to Yamaha Motor

JCR's Rating Review of City Gas Companies

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

JCR Affirmed AA-/Stable Long-term Issuer Rating on Nitori HD

JCR Affirmed A+/Stable (FC/LC) on BPPA (EXAU) Master HD and Australia Core Property

JCR Assigned A- Rating to Bonds of GMO internet group

JCR Assigned AA Rating to Bonds of Tohoku Electric Power

JCR Assigned A+ Rating to Bonds of NICHIREI

JCR Assigned AA Rating to Bonds of Mitsui Fudosan

JCR Assigned A Rating to Bonds (Tier 1 with loss absorption clause) of Sumitomo Mitsui Financial Group

JCR Assigned Preliminary A+ Rating to Shelf Registration of SUMITOMO CHEMICAL

JCR Assigned Preliminary A- Rating to Shelf Registration of Premium Group

JCR Withdraws A+ (FC/LC) on Abacus Group

JCR Assigned AA- to SPIRE SA Series 2026-340

[ Asset Securitization Products ] JCR Assigned J-1+ to Hokuriku Bank A Corporation Bills & Electronically Recorded Receivables ABL 26-05

OHMAGARI FAMILY CLINIC : Assigned Social Loan Framework Evaluation: Social 1(F)

TOKYU: Reviewed Sustainable Finance Framework Evaluation: SU 1(F)

Yoshikawa Kenzai Sangyo, The Joyo Bank: Second Party Opinion on Sustainability Linked Loan

The Nanto Bank: Second Opinion on Sustainable Deposit Framework

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

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

Nakazawa Group Holdings, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

BIG WAVE KAWASAKI, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance

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

May. 28, 2026

JCR Upgraded Long-term Issuer Rating on CTP to A/Stable

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

Change in CP Maximum Amount of ISUZU MOTORS ; Affirmed J-1

JCR Affirmed AA-/Stable (FC) and AA/Stable (LC) on Czech Republic

JCR Assigned AA Rating to Bonds of ASAHI KASEI

JCR Assigned A+ Rating to Bonds of LIXIL

JCR Assigned AA Rating to Bonds of Mitsubishi HC Capital

JCR Assigned A+ Rating to Subordinated Bonds of Mitsubishi HC Capital

May. 27, 2026

JCR Affirmed AA-/Stable and J-1+ on Sumitomo Metal Mining

JCR Affirmed A+/Stable Long-term Issuer Rating on SUMITOMO HEAVY INDUSTRIES

JCR Affirmed AA-/Stable Long-term Issuer Rating on TOKYU REIT

[ Asset Securitization Products ] JCR Assigned A to Senior Beneficial Interest 7931601 Series 11

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

May. 26, 2026

KINDEN Announces a Tender Offer for Kodensha, An Electrical Facilities Construction Company - No Impact on the Rating

JCR Assigned A-/Stable FC Long-term Issuer Rating to Aboitiz Equity Ventures

JCR Affirmed A+ (FC/LC) on CTF Services; Revised Outlook to Positive

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

JCR Assigned A- Rating to Bonds of SKYLARK HD

JCR Assigned AA Rating to Bonds of Chugoku Electric Power

JCR Assigned AA- Rating to Bonds of Fuyo General Lease

May. 25, 2026

JCR Affirmed A Long-term Issuer Rating on Nanto Bank; Revised Outlook to Positive

JCR Affirmed AA-/Stable Long-term Issuer Rating on Coca-Cola Bottlers Japan HD

JCR Affirmed A+/Stable LT Issuer Rating on ROHTO PHARMACEUTICAL

JCR Assigned AA+ Rating to Bonds of Kansai Electric Power

JCR Assigned Preliminary BBB+ Rating to Subordinated Bonds of SoftBank Group

Japan: Climate Transition Bonds (Bond No.5, 5-Year, Issued in May 2026) - Evaluation: Green 1 (T)

Hulic Private Reit: Assigned Green Equity Evaluation: Green 1

Unicast, The Joyo Bank: Second Opinion on Positive Impact Finance

May. 22, 2026

JCR Affirmed A-/Stable Long-term Issuer Rating on IINO KAIUN

JCR Affirmed BBB+/Stable Long-term Issuer Rating on EIKEN CHEMICAL

JCR Affirmed AAA/Stable (FC/LC) on United Kingdom

JCR Assigned AA- Rating to Bonds of SoftBank

JCR Assigned A+ Rating to Bonds of Nishi-Nippon Railroad

JCR Assigned A- Rating to Bonds of Renault